Savannah morning news. [volume] (Savannah) 1868-1887, 1884-08-22
UNLOCKING THE FORESTS.
SAVANNAH CAPITAL DEVELOP
ING NEW FIELDS OF TRADE.

The Waycross Lumber Company Re9eh-
ing into New TerritOry-FOriy Miles
of Railroad in Construction from Way
cross Towards Macon-What ii VIII
BRING to Savannah and Nedghberirg
Ports-The Outlook in the Lumber
Trade.
The large section Of hitherto undevel-
oped country lying between the Satilla
river and the Macon and Brunswick Rail-
road one of the richest timber districts in
the South, is about to be developed by the
building of a railroad from Waycross
through the centre Of the district. 1t
has been understood that R. B.
Reppard, OF this city, was largely inter
ested in the enterprise. A MORNING
NEWS reporter called upon Mr. Reppard
Yesterday and learned that While the road
was being built by the WaycrOss Lumber
COMPANY he was interested in it as lead
inc stakeholder Of that corporation.
at is rumored, Mr.. Reppard, that you
are interested in building a railroad from
Wavcross towards Macon" remarked
the reporter. NV nat IOunQaLlOn Is lneTe
in the rumorg7
ssThe WaycrOss Lumber Company, Of
which Mr.. George Walter is President, Is
building a road from its mill at Walter
town. on the Satilla river. seven miles
from WaycTOss. toward Macon. There
are now about 800 hands engaged in its
construction"
aHow far will the road be builtg'
eve will probably build thirty to forty
miles from the present terminus"
sHow much is already buIlt"
s.We have already built about fourteen
miles-seven miles from Waycross to
Waltertown, and seven miles nearly
completed from Waltertown toward Ma
con-"
'SWhat is your objectg Do you intend
to build to Macon, or connect with the
Macon and Brunswick RailrOad?"
1--WE have no intention at present OF
building either to Macon or connecting
with the Macon and Brunswick Railroad.
1 do not know what the future may de-
yelOp."
.sWhat then is the object of the road?''
ssOur object is to open up territory
hitherto not available for timber pur-
poses"
How much territory will it open for
these purposesH
"a territory about so miles square OF
virgin timber. the finest in Georgia or
Alabama for lumber or turpentine pur-
poses -
"What is the WaycrOss Lumber Com
pany!"
at is a corporation chartered in 1888,
| by which there has been about 100000
| spent in developing the resources OF the
section of country through which this
road is being built. Mr.. Walter is Pres
| ident Of the company"
"YOu are interested in this company,
Mr.. Reppardw
LAS a member Of the Board Of Direc-
| tors"
"How much timber will the road, when
| completed. open 10 marketV
"AbOut ], 1000, 100000 feet"
Glow much freight will this pay TO the
| RAILROADS.&C.
"From Waycross to Savannah or
| Brunswick it will pay about $4,000. OO0
| from the freight off of the territory tribu-
| tary TO the rOad we are building, and
/ about as much more on turpentine and
| rosin."
"What do you think of the present out
| look for lumber and turpentinep
| 'Prices are at the lowest point possible.
/ There must be an advance in the near
| future both on lumber, rOsin and turpen-
4 tine. 1t cannot get worse than 1t Is; II
must get betteF.H
| "When?"
1T is hard to tell, but believe that
lumber will sell for 50 per thousand feet
advance IN from to II months from
| now"
''What are your reasons for this be-
| lief"
"a great many mills have burned down
\ and have not been rebuilt. A great many
cannot run at the present price OF lum-
Der, and are being shut down. Yards in
| all the principal cities are buying from
| hand to MOUTH Georgia and Alabama
/ must furnish the principal lumber supply
| for all the principal cOastwise cities, and
J a large part to foreign markets for years
/ to come. 1t will not be improbable to see
| lumber advance from s. to SO per 1000
| feet in the next two or three years"