The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-06
SEA ISLANDS BIG RUSH.
Savannah'S Receipts So Far Nearly
Double the Entire Crop Of Last Year.

The Exports Since Sept. 1, 10000
Bales, Against 1900 a Year Ago
Prices Well Maintained in Spite of
the Heavy Receipts-Savannah
Receipts Compared With Those Of
Charleston-How the Shipments are
Accounted for-The Worlds Demand
for Long Staple.
The movement of sea island cotton to
Savannah this season has been unprece-
dented in the history of the trade. There
has already been received at this port
nearly one-half as many bales as the en-
tire sea island crop of last year.
The receipts during the past four weeks
were 1895 bales, against S,735 bales for
the corresponding period of 1892.
The total receipts since the beginning
of the season, Sept. l, are 20,244 bales
against II ,4O2 bales for the same period
of 1892, showing an increase since Sept.
l, 1898, of 1O,842 bales.
The particulars of the receipts have
been as follows: From Beaufort and sur
rounding country, % bales; by carts, 142
bales, and by the Savannah, Florida and
Western railway, 20.019 bales.
The exports from Savannah since Sept.
l were 1885 bales, against 1861 bales
for the same time in 1892.
PRICES HAVE KEPT Up.
Notwithstanding the enormous receipts,
the prices have been fairly maintained.
The demand has been good and values
have been about the same as they were
at this time last year, although there has
been a gradual decline in prices during
slrnf aln
Saturday at 10 cents for choice grade
While the receipts from Southwestern
Georgia and Florida has been largely in
creased over last year, the crop of South
Carolina is almost a total loss. Charles
ton has received only Oil bales so far
against 1,7l5 bales for the corresponding
time last year, showing a decrease of SO4
bales, since Sept. l.
The receipts in Florida since Sept. 1,
have been go bales against 5SS bales for
the same period in 1892. Almost the entire
crop of sea island cotton of that state is
marketed Savannah. BY these state
ments, it is shown that the entire crop
which has been marketed since Sept
amounts to l,435 bales, of which all ex-
cept 1,19l bales has been received at
Savannah.
ESTIMATES OF THE CROP.
At the beginning of the season it was
island cotton for 1S93-94 would be about
the same as that of 1928. which was
1922 bales, and although the immense
receipts so far this season would indicate
that the crop will greatly exceed that of
the previous year, there are a number of
parties interested in the trade who still
hold to the opinion that the increase will
not be sufficient to cause a glut on the
market.
One accountable reason for the large
shipments so early in the season, is that
the weather, since Sept. 10, has been very
favorable for the maturing and harvest
ing of the crop, and planters have taken
advantage of the situation; besides, many
have rushed their cotton to market in or
der to realize upon their outlay in the pro-
dUction of the staple.
The increased crop movement has not
materially affected the average business,
as yet. The sales have exceeded those of
last year, and there is an increase in the
exports of about $500 from Savannah
The factors are endeavoring to hold the
market steady, and they expect to realize
satisfactory results from the seasons
| yield of long staple cotton.
1t is estimated that there is an annual
demand for about 10000 bales of sea isl
and cotton for the worlds use. There is
no cause for uneasiness regarding an
overproduction as a vast quantity of the
growing crop was destroyed in South
| Carolina, by the storm in August, heavy
rains and subsequent rust have con
siderably injured the crop of Georgia
and Florida.