The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-09-14
COTTON RATES HIGHER.
INSURANCE COSTS MORE THAN 1T
DID LAST YEAR.

The Factors Petition Not Yet Acted
Upon by the Tariff Association-A
General Advance in Marine Insur.
anos-An Points South of hEtteras
Paw More for Cotton Water-Borne
on Sailing Vessels-An Increase OF
from 1-8 to IA Per Cent-Rates
Highest at the Gulf Ports.
Nothing has vet been heard from the re-
Quest Of the cotton factors to the South
eastern Tariff Association for further modi-
fication of the clause in policies relating 70
the placing of cotton on platforms on the
streets between the hours Of o'clock p. m
and 6 O'Clock a. m The factors committee
asked that the proviso within twenty feet
OF warehouse" should be inserted. A
member of the factors committee said yes
terday that he presumed that the executive
committee of the tariff association had not
yet had meeting to pass upon it, and that
when that was done the result of the meet
ing would, no doubt, be communicated to
the local committee.
NO INCREASE IN RATES,
The impression has gone abroad that
there has been an increase this year over
last on the basis rate of standard cotton
warehouses. This is an error. There has
been no increase, but factors complain that
some are given even better rating on their
warehouses that are not standard cotton
warehouses" and it is said that warehouses
have been built here to strictly conform to
the requirements of the Southeastern Tariff
Association, and that new requirements
have followed, so that warehouses built to
conform TO the requirements of the associa-
ton have not been rated as standard ware
houses after ALL
A standard warehouse under the present
ruling Of the association must be built of
brick with walls not less than Is inches for
one-story building, with slate or metal roof
-subdivided into compartments Of a
capacity not exceeding 1000 bales each
~, 900 cubic feet. Division walls not less
than Is inches thick, to rise above the roof
at least feet and extend beyond the apron
of the roof at least feet. All joists to rest
on lodges. Each compartment must have
one or more doors, not more than 40 feet
apart, opening outward. Floors of earth,
shell, cement or other non-combustible sub
stance. Standard width of open court,
from shed to shed, 100 feet
MUST BE WELL PROTECTED.
In addition TO the fire plugs outside of the
building, one plug at least must be located
than 215 inches in diameter sufficient to reach
every part Of the building, kept In good
order, and constantly ready for use Six
or more galvanized iron buckets, filled with
water, to be suspended in front OF each
standard compartment Waterman to be
constantly on duty, day and night, pro-
vided with approved watch-clock. No cot
ton to be left outside of sheds, or beyond
the apron of roof in the court at night, or
on Sundays and holidays.
Samples of cotton in storage must be
kept entirely away from warehouse, 50 as to
more certainly ensure their preservation in
case of loss of cotton. No smoking in or
about warehouse, TO be warranty of policy.
ADDITIONS TO THE BASIS RATE.
The basis rate on standard cotton ware.
house is 81 30, bat where there are def
ciencies the additions are such that it makes
the insurance much higher. Among the
additions are the following:
Outside brick walls, less than l3 inches m 8 25
Frame exterior walls ................ ...... 70
Division alls, less than 10 inches thickness
less than 2 feet through roof and feet
beyond caves. ............ E. ............. %
Single roof. ......... Observation-Disclosures. 25
Gravel or composition roof .................. 10
over 1000 bales and not exceeding 1900
bales to compartment ............-.-..... %
Over 500 bales and not exceeding 1000
bales TO compartment. 800. ....... ..-.... 90
Over 1900 bales and not exceeding $500
bales to compartment. go. ............... 70
For each 1000 bales additional. ............. IS
Variation from standard as to doors. ..... to IS
Floors other than standard ....... ....-.... IS
No inside fire-plug and hose. Observation-Disclosures. %
Metal buckets and casks of water, insult
Gent supply. .................... .... so
No Waterman. Observation-Disclosures. %
Waterman, but no approved watch-ciock... rs
Accumulation Of loose cotton about ware