Savannah morning news. [volume] (Savannah) 1868-1887, 1883-09-01


Luza6sr.-The off shore carrying trade is
almost entirely by foreign bottoms. Ameri-
can tonnage being confined to the coastWisc
trade. with occasional cargoes TO Mediterra
mean or South American ports.
COastwise business has been generally good,
and vessels have at no time been unable TO
find cargoes at fair rates. Prices during the
wear have been steady. and the present ind-
affairs. Al this moment vessels are scarce
and in good demand.
RICE.
= he rice market for the past year has been
anything but satisfactory. both g the pro-
Queer and dealer. owing to the large quanti-
ties of Sandwich Island rice being allowed to
come in free and the reduction Of duty on
other foreign Tices of &C. per pound since
July !, which has given us Il declining and
unsatisfactory market. Good rice opened at
81 p. per pound on the first of September, lSS2,
and with the exception of a few spasmOdic
upward turns of short duration, we have had
a steadily declining market down to the pres
ent date, when we have good rice. New
crop selling in New Orleans at 81 &c. to 554c.,
with every indication of lower prices, as the
receipts there have been and are now very
heavy, with every indication of large and
well matured crop.
The receipts of new for Carolina and Geor-
gia have been very small 80 far. one small lot
to Charleston and about 1000 bushels to Sa-
vannah.
The prospect for the coming crop is good.
and should We have no disaster during the
harvest, Wlllcn u the critical time TO the rice
crop, we may look for larger J ield than last
season.
The total yield Of the crops Of Carolina,
Georgia and Louisiana for the past three
years was Is follows:
lSS0-Sl. lSsI-S2. lSS2-s3.
Bbls. Bbs. Bbls.
Carolina ll2.l6e $4,000 $1,000
Georgia s0,4Go 5000 1900
Louisiana 223,OO0 227.53S POS, 1913
The bulk OF last years yield Of rice has
been distributed from first hands directly to
the consumer.
In the Western, Northern, Northwestern
and Middle States our facilities for shipping
direct to the trade are equal and in many
cases superior TO New DIRK and other form
erly large distributing markets
With free rice from the Sandwich Islands
and &C. reduction of duty on foreign whole
rices, and with graduated or broken rice
coming in at 20 per cent. instead of = e. per
pound, and the large yield in Louisiana. we
can but look for a low range of prices, which
if our holders will meet and dispose of the
crop as it comes to market will enable us to
shut out foreign rlccs to great extent, and
to lind Il ready sale for all our production,
whilst if the holders will not accept the prices
but store and hold the foreign rices, will
come in again as they did this year, COMPEL
ing the domestic to be sold at low prices with
the additional changes for carrying. etc.
At this writing we are having good weather.
so that the harvesting is progressing fayora-
bly,, and we hope fOrnO disaster and for bet =
ter year in every way for the future than we
have had for the past.
SHIPMENTS or RICE FOR THE.YEAE ENDING
August 81. 1883:
B61>. Bags
clean. EoUgA
To Boston ............ .......... 5,657 -.
To New York ...... ...-. l2,16S 2,70S
To Philadelphia - 5.59S
70 Baltimore . e1.l64
Per Central I'D to West and int'r sac 1856
Per SAW. Ry to West and int. j,371 o..
To Providence, via Baltimore 32t
TO Western cities, via Baltimore 10, e..