The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-09-04
BIG LOSS OF NAVAL STORES.
Ten Per Cent. Of the Boxes Destroyed
by the Storm.

Entire Forests Blown Down in South
Carolina and the Loss Complete-The
! Naval Stores Business Practically
Suspended for the Past Week-An
Arrangement to Get at the Stocks
on the Wharves Will Probably Be
Made To-day.
The turpentine opera tors, whose farms
were in the path of the storm, are heavy
| sufferers, as is shown by the reports they
are sending in to factors here.
Reports from the section just west of
Savannah trayersed by the Sam and Cen
trail railroads show that the operators
will lose about ten per cent. of the boxes
by the blowing down Of their trees. This
means a loss of ten per cent. of the crop
that would have been made from now on
if the storm had not occurred. Mr.. John
Il. Young has received reports from seven
operators in that section, and they all
state the damage to the boxes at about
the same figure ten per cent.
Reports from along the Savannah. Flor
ida and Western railway from Savannah
as far as Jesup indicate that the damage
from the other section, but the other side
OF Jesup the damage has been compare
lively slight, and further on there has
been none at all, as that was out of the
path of the storm.
ALL GONE IN SOUTH CAROLINA.
In South Carolina the naval stores bust
ness is not quite so extensive as it is In
Georgia, but the storm increased in in
tensity as it left this section, and reports
from over the river show that practically
nothing at all is left of the turpentine trees
in that state or, rather in the southern
portion Of it. The operators over there
consider their forests almost a total loss
and their business is practically sus-
pended Trees were blown down every
where, and in some places stills were
blown away The operators in that state
probably suffered worse than those Of
any other section.
THE UNIDENTIFIED RosIN.
Mr. Edward Nash of the firm of Pat
terson, Downing & Co, from New York,
will be in the city to-day to look after the
matter Of strengthening up the differ
ences, so far as his firm is concerned,
with regard to the immense quantities of
the unidentified rosin, which is now lying
on the wharves OF the Central and the
Savannah, Florida and Western Railway
Companies. This firm owns probably more
than co. per cent of the 1877 600 barrels of
rosin onthese two wharves, and the ques-
ton of making some arrangem emit in or
der to get at this rosin for shipment is a
very important one to them.
MAYREAoH A CONCLUSION TO-DAY.
1t is very probable that the factors and
the buyers will arrive at some conclusion
to-day with regard to this rosin and
spirits, so that it can be made available
for shipment Several of the plans, as
already stated in the MORNING News, pro-
posed have been rejected either by one
side or the other, but neither can afford
to let matters run on
in this way much longer,
as the rosin is needed for shipment. They
will probably arrange to draw on the I'M
identified rosin and spirits after that
which can be identified is exhausted, and
then give bond to make good any losses
which maylaccrue therefrom, each paying
their pro rata of such loss
BUSINESS AT A sTANDsTILL.
So far as the naval stores on the
wharves is concerned, the business during
the past week has been at an entire stand
still and it has been impossible to do
anything whatever. The delay caused
by the differences between the
railroads and the naval stores men
has been responsible for this. There
hasa been a few shipments of newEgoods,
however, which have been received since
the storm. Outside of this the naval
stores business al this port has been stag
nant for the past week.