Savannah morning news. [volume] (Savannah) 1868-1887, 1885-09-05

-,sta,n OF drainage instituted by the county
SoJ,borlues, rendering healthy portions mere
s.'yt5-e considered otherwise; and the natural
',erease in value that must continue 70 &c
loized from year to year in all lands IN the
sloonnnTy having any merit at AL in them.
w "a remarkable that, Notwithstanding the
t,t that $50 buildings were erecteH iast yeal
- more than the year prevlousl that the We
m,a-l bv renters is unabated. IL Is apparent
n,y that there are less vacant houses IN tIls
NJ than in any city OF its population IN tne
SS,,;5tb. Most OF the houses have been pun
SD"tLe occupancy of the owners, ana the I'M
Wr,csment IN the condition Of our people Is
Es7,ng many who have been boarulng 70
- house. This, with the natural orahch-
hoVI n ~ Young people and increase of popu-
;oiTlon. more than keeps pace with the cree
,S5r NJ houses for renting. vacant stores are
uo1 searce, as are also eligibly located resi-
dences ~ ra living TO note here that our county
..an,nong the few of the State that shows an
isHrsase in material wealth, as SHOWN Dy the
NV retnrns. We enjoy the envlable position
"" Tfneing the banner county OF the state, snow
va on increase of two millions OF dollars
~ long the factors that contribute largely
,o real estate transactions are the loan as
w,srons. loan companies, and real estate
oO,Nenies of the city. These have assisted
% fftizens, encouraged enterprise, built up
waste places, developed new neids ana eN-
,snted our territory. The recent formation
~ Dew company Of this kind promises to add
G i to our facilities and give additional
im9ctus TO the real estate business.
n NAV be interesting to state that there IS
"a out nv loan associations. etc, the bulk OF
iIrb,cb ia supposed to be used in real estate
,"ransactions, the large sum OF $4,000 monthly.
Tl,s outlook for the coming yeHrln TINS branch
Of trade is certainly very PROMISING, me
OOature of the demand, the small offerings, and
me Dromise of good crops and a more general
circulation of money, together with honest,
sronomical governmental management, all
point to a healthy demand ana hlgner prices
Tor real estate
Tho lumber and timber trade for the past
resr we're characterized by the same general
}esfures az they were the previous season:
The business might be said to have prospered
fond the reasonable expectations OF those
ENGAGED in II. While prices ruled no higher,
tbsv steadily held up at former figures, VIZ,
ss. being the average price for the year. OF
course difficult sizes ruled from ~ 10 %
61Sber. as the case might be. The vol
u6e of business was fairly. large in
view of the conditions Of other rades
throughout the country. indeed, II SHOWS me
strength the lumber traffic on to great ad-
rantage to have even held Its own with the
great depression which has characterized al
most every other industry IN the country for
40 many months. There were no failures IN
,be trade and every dealer to a a was able
~ meet his obligations. The mills were Kept
running constantly and turned out a cOnsld-
cradle quantity OF lumber, tuAy as much as
last year. There was a fairly steady demand
for the entire season with the rates of freight
both for foreign and cOastwlse ports ruling
very low. This latter fact or course mad
mucb to do with the movements. The local
demand was quite heavy.
All the dealers report that during the year
they did a profitable business. There IS APP
pareptly no change in ~Savannah's position as
n Timber port. The exports Of the past year
show no gain over those Of the previous year.
She has lost none Of her trade, which might
he said to be a subject of congratulation.
The outlook for the coming season IS very en-
Couraging.
It promises to be a season OF prosperity. 1t
is thought that prices will be higher, owing
TO the fact that the stocks at the principal
ports have been pretty well worried of,
while anTncreased foreign export demand is
loo ked for. There is every reason to expect
a heavier home consumption, in view OF the
healthy condition OF the real estate market,
with 4 considerable number Of improve
ments already projected.
TIMBER.
There was very little done in the timber
trade during last year. 1t has fallen OF to al
most nothing on the South Atlantic coast. 1t
has passed almost wholly to the ports Of the
Gulf. There were a few cargoes shipped
during the year but with indifferent results.
There has been but little ductuation in prices
and the market generally ruled dull. Below
we give the shipments of lumber and timber,
also Of slaves and shingles for the year both
cOsstwise and foreign in superficial feet as
follows:
LUMBER. TIMBER.