The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-26
NAVAL STORES.

wi
81 tbe spirits turpentine market contln-
',,5 ZACH day during the week and closed
- 7o,, M 235kc, Just &c above the closing
vvae5 ago While it has always been
e,o Course of the market to advance just
a. This season of the year, 1t IS noticeable
NAT fine present rise is not caused by any
unusually strong demand from consuln-
Srs The market presents speculative
,aovement almost entirely. 1t is we'll
i,noun fact that during the past sum-
MGR when the price ranged between 10
and 22lkc the daily receipts were bought
nm bv the exporters, and great deal or
hat stock still remains in their hands
II is now purely business speculation
with them to advance the price In order
~ unload their holdings at a good profit.
The incoming receipts being light, as COM
nared with the enormous movement dur
jug the past three months, the exporters
who hold the stock can readily afford to
buv the daily offerings at an advance,
when it enhances the value of their large
holdings. Domestic buyers and exporters
who have urgent orders for immediate
shipment are compelled to pay the ad-
yanced price. While the factors are
pleased to see the price go up and their
correspondents receive a better price for
present shipments they have not for
gotten the depression and the fiat prices
of the past year, and are hoping that
operators to believe that the higher prices
will continue, with another heavy harvest.
The entire daily receipts during the past
week were readily sold on a steadily ad-
vancing market On last Friday night the
market closed at Csc, having advanced &c
during the previous week. On Saturday
the market opened at 2S1sc and closed ar
23Ac. On Monday there were sales made
at 1850 and 231ac, but the quotations were
not bulletined until Tuesday, when it was
posted at 2312c. On Wednesday the adj
vance continued, and before the close of
the day there were sales at 235sc and 234c.
These sales were reported Thursday at
the Board of Trade, and the quotation was
bulletined at 23Ac. The receipts of the
day were taken at the price. To-day
there was another advance. The market
opened firm at 29%c bid, with sales of $50
casks. At the close of the market it was
firm at 23Bc, with further sales of rs
casks.
Rosin-The feature of the past week
was the advance on pales and the decline
on medium grades. The sales for the week
were quite large, although on one or two
days the lower and medium grades We're
neglected on account of the prices being
too high to suit purchasers.
The course of the market during the
week was as follows: On Saturday there
was an advance of 21ac on E and F, and
water white. Monday there was no change
IN the quotations.; on Tuesday the pales
were in good demand but other grades
were neglected. On Wednesday there was
decline Of sc on E, f and G. On Thurs
day there was a further decline of PIC
ON q, f and G, and &c
on grade. There was also
an advance of sc on N, window glass
and water white, these latter grades sell
ing at $l,95, s21O and $2.25 respectively.
Note-In yesterdays report Of Thurs
day market the advance of SC on n
window glass and water white was noted:
out an error occurred in the quotation
prices, leaving the figures unchanged from
the day before.
To-day the market remained unchanged
from yesterdays closing. Reported sales
We're 1910, including 25S w w, 2i6 w q
ll5 N, 1879 NJ, 2O8 X, 96 I, 116 H, S14 G. 48s
+, 2o8 q, llS d and 20 K, at the quotations.
Inere We're included in the total five bar
rels Of H at $1.6O; 28 Of F at 81. Az. and
hye of L at s1.47l5. = ~
Quotations-At the close of the market
Today the following quotations were bull
Ietlned at the Board of Trade.
lars. -'|e0 Ia +esu-
Rosin firm.