The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-28
savannah,s Increasing Business.


The statements which President Young of
the board of trade makes in his annual re-
port relative to the business of Savannah
are of a very encouraging character. These
statements are based upon reliable inform /
tio9. They show that Slvalnah's business
during the year covered by the report was
very much greater than that for the
previous year. The increase in the value Of
the receipts o. naval stores alone was nearly
s., So, O0J. There is reason for thinking that
this increase will be much greater this year
The Savannah and Western railroad is
about completed through the heart of the
pine forests of this state, and naval stores
farms will shortly be opened all along the
line Of it. From along the line of the Ala
bama Midland, another new line of railroad
tributary 10 Savannah, viii como a great
quantity Of naval stores. The growth of
the naval stores business of Savannah is
phenomenal Il is not many years since it
amounted to little or nothing. Now Sa-
vannah is the great naval stores markes of
the world.
And the amount of lumber which Sl-
vannah is handling is steadily increasing.
The money value of the increase last year
was 1902. 900. and the increase this year
will be much greater than it was last, BE-
cause the opening of new railroads has
brought Savannah into close connecti IN
with forests thai have not yet bean touched
by the ak.
Savannahs wholesale grocery, grain, and
provision trade has exceeded the most san
guine expectations. President Young says
that it was p per cent. greater last year
than the year before. He expresses the
opinion that Savannah mus eventually
become the headquarters of thu grocery
trade of the south. There are grounds for
thinking that this opinion of his is a cor
rect one. Savannah is getting control
of the trade Ct new territory all the time.
Every railroad that reaches the seaboard
at her wharvts affords her opportunities for
extending her trade, of which she is quick
to take advantage The South Bound road
will be open within year, the Savannah
aud Western is already operated over the
greater part of its line, and the Alabama
Mi1laLd is now in operation. If these hree
lines do not greatly increase her business it
will be the fault of the merchants.
OF course President Young does not In
his report deal with Savannah's cotton
receipts, which, already this year, amount
to more than 901,O0) bales. nor does he
touch upon several other branches of
Savannah's business. because it is not his
duty to do 50 as president of the board of
trade. He does, however, refer with pride
to the growth of Savannahs manufacture
ing industries, and he estimates the value of
the products of these Industries for the past
year to be S4,000,0O0. In view of the fact
that Savannah has never made any claim to
being manufacturing city this is certainly
a splendid showing. 1t is a showing that JUS
titles the belief that at no very distant day
Savanuah's manufactures will compare IA
vorably with those of any other city of the
state. If the cotton factory, which will
soon be in operation, meets expectations
other factories of the same kind viii be
built. The money is here t. build them.
All that is necessary to insure its invest
ment in cotton factories is the assurance
that such factories viii pay, and there is no
doubt that the factory now nearly con-
pleted will furnish that assurance. Savan-
nah is moving along the upgrade with
gratifying rapidity.