The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-09-05
OCEAN FREIGHTS.

BY STEAM-Foreiqn-Th past year, like the
previous one was another remarkably lucrative
season for ship owners and all others identified
with this branch of commerce. The pros
perity of the shipping business resulted
from the general expansion of trade.
and particularly during the cotton season.
good rates. Rates. although high, were main
tanned without difficulty, aud there
never was such heavy shipping
movement to direct ports as from this port
last year, and never such an amount of steam
tonnage. Indeed, at one time last fall there was
almost a complete blockade, and the harbor
master was taxed to his utmost to provide berths
for the vessels awaiting freights- But this was
only temporary, and did not last long. There
was also at times a scarcity of freight room in
the early months of the fall, which, of course
prevented the volume of business. great as it
was, from swelling to enormous proportions in
October and November.
Tramp steamers began loading cotton here
earlier than usual, and the movement by
steamer continued into the late spring, making
it one of the longest seasons ever known here
By the appended table it will be seen
what a large increase of tonnage and steam
vessels there was, the number of the latter
almost doubling that of the previous
season The rates to Liverpool opened at SD
which was 1-52d higher than that of the previs
Gus year. In October rates went up to 1S-32d
so that those who had booked room in the sum-
mer made money by sub-letting their room at
the advance. After October rates went of
siightly, but the seasons average of 25-6Sd was
greater than in several years.
CoAsTwIsK-In the steam trade the vessels
were at all times we'll filed with freghts at very
steady and remunerative rates The coastwisc
steamers carried slightly less cotton than the
year before. but this was accounted for by the
the very large increase in the number of
tramp steamers going to direct ports.
This. however, was more than offset
by the increase in their miscellaneous freights.
which seems to increase very rapidly every
season, and, notwithstanding the fact that the
Ocean Steamship Company have added the
Kansas City to their feet and that she has been
running since January, there is still a demand
on the company for more freight room, which.
of course, makes itself more apparent during
the busy season, as was predicted In the last re-
view.
The Merchants and Miners TRANSPORTATION
Company have been compelled to increase their
carrying capacity, and that company has this
year put on larger sized vessels, and also built
large new vessel Their vessels have been
filed throughout the year with inward and out.
ward cargoeS showing that the business of this
line is a very steady one.
The outlook for this season is fair Rates
however, are not expected to rule as high as for
the previous season, but will probably be more
steady. There are quite number of boats
chartered, aud 1t is believed that steam TONNAGE
room will be ample for month to come.
The following is the number of foreirn
steamers, tonnage. and bales of cotton carried
by them from this port from Sept. l. 1889. to Auy.
81, 1890, and for the past ten Yeas: