East Saginaw courier. (East Saginaw, Mich.) 1859-18??, 1862-12-16


and businesslike, and as near accurate
as possible with present facilities for OBJ.
tanning information. The writer ex.
plains the difficulty of getting at the
amount of salt manufactured thus far, in
the following paragraph, which We by
mistake struck out OF the article as pub.
lished:
AMOUNT MANUFACTURED.
We have no data for determining the
exact amount thus far manufactured =
The custom house statistics, upon which
one would naturally rely for the ship
ments, are extremely deficient, as large
number of vessels arc not reported at
all. For instance, the steamers Forest
Qneen and Huron have brought down
thousands Of barrels to Detroit during
the season, but none of it is reported at
the By City Custom house Such sta
tistics rs they have, however, we OBJ.
tanned From the opening Of naviga.
ton TO the 30th of September ninety
vessels with cargoes of salt are reported
as having cleared, taking out a total of
H., 405 barrels OF these fifty five were
bound for Chicago, taking to that port
"A total Of l0l $50. or four filths of the
whole amount. The rest OF this was
distributed between Milwaukee, Toledo,
Detroit and a few Canadian ports The
amount Of salt manufactured during the
season, as figured up by the RepuJkican,
is 2l2,956 barrels, which is probably
somewhat near the true amount The
East Saginaw tompanv have made du-
ring the season 20, 900 harrles; the Sag
nav City Company $4,000; the Carol
ton Mill Company AZ. 000 the Orange
County Salt Company, at Carrolton, IL ).
800; the Portsmouth Company 10000,
and the Bay City Company 10000.
In regard to the total capital invested
the writer gives the figures of the Sag
NAV City Republican 1907 900 and says,
"this, we are inclined to think, rather
falls below than exceeds the true amount;
the whole amount may be safely put at
eight hundred thousand to a million dol
lars, most of which has gone in during
the past year. Within a space of one
mile, at Salina, there are now being in.
yestedin salt from $3.50, 900 to $500 900
The following is the conclusion of the
article
SAGINAW AND ABOUT.
Every one on arriving in East Sagi.
nav of course goes to the Bancroft
House, large and commodous hotel,
supplied with all the modern improve.
ments aud conveniences, such as hot
water, steam.heating, gas, etc, that
make hotel life agreeable and pleasant
The large influx of population have
pretty well exhausted the capacity of
the towns along the river for Keeping
them. The demand for everything has
been and is now far in excess of the
supply, and, as a consequence, prices
are well up. House rents are high as
in Detroit, and store rents but a trhe
lower in proportion. The cost of living
foots up to quite as high a figure, SO
with city lots for building purposes
The salt fever is on, and unless the peo.
pie on the Saginaw arc extremely eau.
tious they will overdo the matter, and,
as we have before stated, will drive off
more by their exorbitant rates than they
will call in by their superior business
advantages
General business is no better in any
part of the State at this time than in
Saginaw, and cannot but favorably i'm,
why it should not be so. With the large
amount of ready capital that has been
taken in during the fall and expended
there, currency is plenty and times are
flush. With judicious management
upon the part of the citizens of the Sagi.
nav Valley, their section of the State
will soon be far in advance, in present
enterprise, of any other part. They
have great lumber interest worth mil.
lions of dollars each year. They have
source of wealth beneath their feet, in
salt brine, that neither they nor any one
else can rightly estimate. They have a
country about thcm that, whom cleared,
~ the enormous demand for wood will
soon do, will be itch in agricultural re-
sources Thcy have a river that fur
nishes safe harbor and Il ready means
OF transportation such as scarcely any
other part of the State enjoys They
will soon have perfect railroad commu.
nicaton with Detroit. They have all
tho advantages that could be dcsired.-
Let them be rightly used, and the Sagi.
nav Valley will soon be such source
of wealth to large part of Michigan,
as tho Delta of tho Nile is to Egypt.
In regard to the cost of city lots in
this place we consider that the writer
does US great injustice. Choice lots upon
the principal streets, it is true, arc held
at high figure, for the reason that hold
ers as general thing have no desire to
sell; lots similarly situated in any of the
many thriving cities outside Of Detroit
in the State are held quite as high, how.
ever, and in regard to dwelling lots con.
veniept to business, though little off
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