The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-10-08
RICE COMING IN FREELY.
The Damage to the Crop by the Storm
Not Over 5 Per Cent.


Rice is coming in freely now. All re-
ports go to show that the yield this year
Is the best of the last several years, both
as to quantity and quality. The dam
age by the recent storm is reported very
small. 1t being estimated now that per
cent. OF the yield will cover all the loss
! by rehandling and drying out the crop.
The rice is bringing a good price, prime
I rice readily bringing cents pound.
The receipts at Savannah viii not be as
large as last year owing to the fact that
so many planters decreased their acreage
on account Of the losses of the last few
years. They regret their policy very
much now; according to some of the plant
ers, the probability is that the acreage
which will be planted in rice in this sec
ton next year viii be the largest of the
last several years
Two of the largest planters on the Sa-
tilla river, Col. George S. owens and Col
J. n. NJ. Clinch, are reported to have
very narrowly escaped serious loss dur
ing the recent storm. The embankments
were broken through and the water
poured in on the rice fields. Fortunately
the wind and tide turned at this time,
and the water receded without doing Sc
rious damage.
prominent rice dealer was asked yes
terday If he did not think the war be-
tween Japan and China would tend to in
crease the price of rice as both of these
countries are large producers and con
sumers of rice and the governments of
both countries have prohibited its ex-
portation.
Il think not" he replied. Rice is
the chief staple, the money crop, with
both China and Japan, and while the gov
ernments OF both countries have pro-
hibited its Importation. the governments
themselves will export largely for the
purposes of defraying the expenses Of the
war 1t is reported that Japan has made
a large expectation of rice to this country
in payment for an order of arms from the
Remington Arms Company. The report
may not be true, however"
Within the last few days one of the
planters in this locality has received a
letter from Dan Talmages Sons, New
York, in which they say: "A high aver
age range of prices still prevails, and the
outcome most encouraging for the pro-
Queer, as all arriving parcels offered at
current rates find ready sale. The crop
is being forwarded just right; with de-
liberation, and so far as we can learn,
satisfactory prices generally are secured.
This certainly is the way to do it, and if
planters are able to maintain such pol
icy, good fair values will be assured.
The expected arrival of new crop has
checked importers of foreign, and while
they will undoubtedly continue, the vol
umc is likely to be limited and they, there
fore, not nearly so much of a competitor
with home rice as heretofore.
Tdlmage's Sons take a somewhat diff
ferent view of the effect of the eastern
war on the market from that of the Sa-
vannah dealer. In regard to it tney sag
Another encouraging feature is that the
war in the east between Japan and Korea
has raised the prices in the far east, and
it would not surprise us to see them ad-
vance still further. Korea generally ex-
ports a considerable quantity of rice. but
as the seat of war is located in their rice
producing sections, the culture has been
generally abandoned, and they will, there
fore, have to buy from other countries,
which has already had its due effect upon
prices as noted Japan, which is the for
eign rice most largely used in the United
States, is just now out Of reach, but will
probably come down somewhat with the
incoming of their new crop in November
December, ordinarily received here about
February March. The time we speak of
is the usual harvesting period, but the
scarcity of labor is likely to cause delay,
thus injuring quality and to some ex-
tent reducing quantity.