The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-02-28
NAVAL STORES BIG YEAR
NEARLY 100000 PACKAGES RE-
CEIvED AT THIS PORT.

The Output the Largest in the History
of the Trade An Equsl lily Large Crop
Expected Next Year-Greas Scarcity
of Lsbor-Savannah's Inverted Cap
ital $2,5oo,ooo.
Savannah will handle this year almost
100000 packages of naval stores. which
will be the largest in the history of the bust
ness.
The end Of March marks the close of the
season OF 1890, as it is the end Of the fiscal
year for statistical records In the trade,
and is about the time that the new crop be-
gins to reach the ports for sale.
The business of 1890 has been generally
satisfactory. and no complaint is heard
from the factors or buyers. The board of
trade figures show the total recaipts to date
to be 191 ,7SS barrels Of spirits and 729. 9o3 of
rosin, to which must be added the receipts
during next month, aud which by COMPARE
son and percentages Of allowances for aver
age increase will make it but very little
short OF l, 900, 900 barrels.
THE COMING CROP.
Savannah's factors are locking forward
10 the incom ing Of the new crop, and are
watching every change of the weather, and
other conditions that affect early receipts
aud the general Yield. A cold winter
causes a vigorous growth, and when fol-
lowed by mild spring results in largely
increased output, but where the winters are
mild and the springs cold it has an opposite
affect.
This was the: trouble during last year.
and seems to be about to recar again this
year. The winter has been rather mild,
and the spring promises to make up for il
in cold weather. Still nearly all the factors
are looking for yield for next year equal
to that Of this year, although IL is impossibfs
TO give an accurate estimate Of the incom-
ing crop or the number Of boxes cut. Some
years ago the factors were able to strike
withia close margin of the new crop, but
the business has grown to such proportions
Ia the last few years that this Is something
which cannot be done now with any asS
gree OF certainty.
THE NEW CROP COMING IN.
received, but there will be no appreciable
receipts until about the middle of next
menth. The Florida crop will be the first
to reach the market in any quantity, as the
Florida pines have the advantage Of filing
the boxes earlier with turpentine than those
of Georgia, and therefore the dipping be-
gins sooner.
LaDOE ii matter Wnlcn Will enter
largely into the question Of the output of
the new crop. Georgia has depended to
great extent on North Carolina for turpen-
tine hands, but the great exodus OF the
colored people from that state to the west
hes caused the enactment Of q measure by
the legislature taxing emigrant
agents $1,000 for each county in
which they operate. This law is made to
apply to the naval stores men as well, and,
as result, little skilled labor will be gotten
from the old North state in the future, and
the producers will have to depend almost
solely on home talent. which Is rather in
edicisnt.
QUIT THE FARMS FOR THE RAILROADS.
Many Of the turpentine hands have left
the stills TO work on the new railroads build
ing in the various parts of the state on &C.
count OF getting little more money, and as
result some Of the producers find it hard
work to get the crop dipped out.
Naval stores is one Of the most profitable
businesses in which a person can engage,
and the fact that low grade resins are hold
ing stif prices will cause the cutting of the
boxes closer than formerly. 1t is the inten-
ton OF operators to keep down the produc-
ton In the future as much rs possible, to
make the business hold out. This will have
tendency to Keep up the prices.
The amount Of Savannah capital invested
In the naval stores business is about 80, 50O.-
GOO, distributed throughout the pine belt Of
Georgia, Florida, Alabama and South Caro-
lima.