The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-06
A BIG INCREASE IN CLEARINGS.
sAVANNAHs FIGURES GO UP WITH
A JUMP EVERY YEAR.

Third on the List Among southern
Cities for the Year 1895, and Twen-
ty-seventh Among All the Cities
of the United States-A Comparison
of the CIearings for -Four Years.
CIearings of other Southern Cities
for 1898 and the order in Which
They stand.
Savannahs bank clearings for the year
and the month just gone by make most
creditable showing, not only as compared
with that Of other years, but also in COM
parison with the clearings of other cities
Of the United States.
Bradstreets circular of Jan. gives tab
ulated statement showing the clearances
of eighty-two cities for December. 1885,
and for twelve months for 1894 and 1885,
and those of sixty-seven cities for the
last four years. The comparison is quite
an interesting one and clearly demon
strates Savannah's prominent business
standing among the ports of the country.
Savannah stands twenty-fifth on the list
of all the cities of the United States in
clearances for December. 1895. and TWEEN
ty-seventh among all the cities for the
twelve months ending Dec 81, 1895. But
1t is a hard matter to get at con-
ceivable comparison of Savannah's clear
ances with those of the big northern
cities with ten or fifteen times the popu-
latiOn. OF the cities regarded strictly as
southern in the reports, that is those
located east of the Mississippi and soutn
of the Ohio. Savannah stands third oh
the list both for December and the twelve
mounts nc,' Baltimore being first and New
The bank clearances of this city have
shown most gratifying increase from
year to year, and clearances are generally
regarded as indicating the volume of the
business transacted. The following state
ment shows the Savannah clearances for
the four years, and how they have in
creased:
For December, 1895. sl4.924. 766; 1894. s1s.-
OO,26S; 1893, $40, 1854; 1892, 49, 694 $50. For
twelve months, 1885, $l24324. 196; 1894, $685.
1t. will be seen from this statement that
each year shows gratifying increase
both for the twelve months and for the
month of December. Richmond in former
years stood ahead of Savannah but for
1875 was considerably behind. The order
OF the other southern cities after Savan-
Is as follows
Richmond, Washington, Memphis. At
lanta, Norfolk, Nashville, Augusta, Bir-
mingham, Jacksonville and CHATTANOOGA
OF course, New York heads the Ist
with something like $S,OOOOO0OCO of clear
ings for December. and about $50, 900 900 900
lOi tire tutlIe lWelNe months. linen come
Boston, Chicago. philadelphia and sd.
Louis. Clearings practically represent
the amount of business done by drafts.
cheeks and notes. in which il has been
evident that Savannah shows very
healthy increase, and one with which the
business people of the city are no doubt
well satisfied.
Clearings appear in such immense fig
ures that except by comparison they con-
vey little information to the mind. TAX
ing the totals for 1895 it may be inter-
esting, therefore, to compare the clear
ings of some other cities with those of
Savannah. The following are for the
twelve months
Baltimore. $685. 657. ga: New Orleans, 1857
9iS, 1874; Savannah. $124.S24 1876; Richmond.
2l,5iO $50; Washington. 500. 6S6, 1851: Mem
phis, S96, l97, 899; Atlanta, $50, 4SI, 266 Nor
folk, $50 723,2 S7; Nashville, $40, S47, 112; Bos-
ton, 4,757 6Si,594; New York. $29, S41. 7e6. 924;
Philadelphia SS555,S5l, lbs; Cincinnati, $65l =
283 $3.50; Chicago, $4,614, 979 1888; St Louis. 81 =
pa 313, 654; Galveston. $271. 533, S11; San Fran
cisco, 1888 O96, 1853. The latter are only a
few of the larger cities, while the former
are southern cities.