Savannah morning news. [volume] (Savannah) 1868-1887, 1883-09-01
57yINNAH'S TRADE YEAR
..>-c STRIDES MADE IN EVERY
BRANCH OF BUSINESS.

,...,a~atfve statistics Which Tell of
wonderful Progress in the Past ana
,nre Even Greater Prosperity i'm
~ q.ture-The story of Each Trade
r-toreStingly Told.
..,r.,r SAVANNAH MORNING NEWS
SAVANNAH, Sept. !, lSS3.
r br-iueS- season of lSS2-S3 is closed, and
r,r-t t. made up. All things cOnsid-
r .be season has been a prosperous one.
r-sc h4Iauce is on the right side of the
s- AFTER carefuhreView OF all the bust
-lere-t- tine fact, Justify the conclusion
.s.f..- cities Of the country have 90 little
..-. .1 complain as savannah. II is true
.r.. -4e receipts of cotton have not been fully
...-. ,xfectatIoas. bat the reason is not
..l .s popularity of the port OF a want Of
.a,--.z for handling cotton. Taking our
SCENTS in ISs0-SI - basis, we ought
have received in the neighborhood Of
ifon bales We fell short of that
--sasr. however. more than two hun
..,.l thousand bale-. In fact. we fell short Of
,-rr.ce.pts OF the season of lss0-sl. Cotton
.s.t properly belonged 10 Us went to
<s-.sk. Newport News. Baltimore and
rHis lelphia. No doubt our cotton men VIII
r.aHe to- couuteract the influences which
. rcrling against Us, but il Will take
.- energy and time. Savannah Is still the
r.r-.-s cotton market on the South Atlantic
- bat il must be admitted that she now
r.H-- her position bg "a very small margin.
-s- -4. lost her place as the second largest
..-.l market in the country. Galveston has
ard that position. Galveston, however.
lbs drawn nothing from Savannah or from
ans cotton port. she has simply come into
,-r., nence from the increased production of
H.~a-yn legitimate territory. While there Is
-,l.-gut q scarcely pcrceptible disposition
t.esmplaiu when speaking Of cotton. no such
.i-r,@ili0n is di-cernible with respect To other
..f,rests The rice receipts were as large, il
...- l.r.-er. than any season since the war. and
tI. quality of thc grain was all that could
H- .asired. ID naval stores there wa,
--ultyiug Increase in business. our
r... PTS 81 r0sin aod tUrpcntnc were beyond
r.- lutieipat.on- %. tile most enthusiastic
aau-- who dcal 20 those articles. The
..-..aisl d. the future ~ very encouraging.
T lumber trade was larger than any pre-
.s wear. This Is shown tv the export. and
.Ie -oas-wisc shipments. Earring a part of
tHs -ea-on the VTirc- were lOv, owing 10 the
.rsr-t locked Northern market hut this fact.
..r.r. g. Ecd "a somewhat depressing effect.
.lf .at seriously interfere with the volume Of
business. our wholesale dealers in dry goods.
.rorcriez. provisions and other articles Of
aerehanIise report iu tbc main a prosperous
wear
Tue railway a-1 steamship lines whcl
make t..s city their chief ternNal point, o.'
= tIr.vi- Z busiue-~. The published reports of
rhc railways show tHat their gross and NET
receipts we're larger itlan those oi the rrrvi-
..u- yeas. The steamship lines had about al
the freight they could carry every trip, and
sometimes more was offered than they could
t.zr Tie growth of thc city during the past
--.r ls extremely gratifying. The City sur
te..r-t that mora, houses were built than
many YEAR I'm ti.c r-tv'- history. Real estate
aIs4uceI 40 e rate heretofore almost uu-
Known, aud dwelling houses were extremely
Ie.l 90 obtain Crraker- ceased tlcir
u-,.ae. e- of decline and decay. and zeal
.-tat. owners quickly raised their prices.
I.. -lc city advanced In commercial ini-
tar-.l.e l. shown by the fact that her en-
sorts. tu value. were sa.O0U.CU0 more than tlt
-e.r before. The increase I'M the cOaStWis,
fraLa was even more marked. Ii the season
sea.cl ve have just entered upon shall prov,
as-ltisi sctory a. the one just closed. Their,
rs h- OCCASION f1r rejoicing rather than com
.H4-t-
3 '5- vill Dee found q review cd the various
business interests Of the city for the year jus
closed. The statistics have been compile.
wta .1-e. aud gathered from the best source
r --o. nation. They can he relied up as beiu.
r---.
FINA>CIAL.
Tae money market maintained a health,
r.alIu throughout the past year. At IN,
opening 90 the season there wa, temporary
--er- asy. The market became much easier
He.-- before it was possible To incOn
te..a tbc cotton trade The demand fo
mon. which was good. was freely me
banks when 10 came from
fH employed in legitimate bust
fhey were wary, however. o.
r,~aaul.aE 90 demands from other sources
AtL. le during tile year was the capital O.
.1r .- lle banks iile. Even in tho summer
f.e1l r-- "a call for all they desired to put out
Nils not the case the previous two wears
H1i BE- -ereiorc. worthy of particular notice
Th.- -,-5 business enabled our banking insti.
iu-.1a- % make money and declare fair divi-
ian-. They met with very few losses, and
tfa- ,re unimp0rtant- They, therefore
-eI.l.. 5he end of the year in very pros
.a 7u,lition. and are prepared 10 meet
HH. r1lcngeucy which may arise i'm the be-
-H.-r- of the new season. \ financial
l-a- II che season just closed was the light
.ta.- Tor money hy the cotton factors. The
rNl zion of this was the prosperous cOndi-
ta.a. planters, who had raised good crop,
an Il few debts The security market
ttir present ths.actiyity which character.
iz- years past In fact. no transaction,
'1 -e. .ties worthy OF note took place during
tle y.-r. Another thing worthy Of note
was o. lack Of Speculation. In fact. there
were ID; many buyers on the market seeking
investments. Whatever idle capital Their,
was appears TO have sought a lodgment in
real cs.lte.
Below viii be found comparison Of quo
tati0us 1f the leading securities ON our market
twin Ice seen that there was considerable
lall IN the leading stocks. II l. thought thai
there s 10 reason for the fall in the Central
Railway stock. except sympathy with III,
genera decline ia stock, in Wall street
lSS2 1888.