The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-09-07
sAvANNAHs YEARS TRADE.
4 Generous and Kindly Criticism of |
the Morning News Review.
From, rho Nome and Csottriar


the Morning News Review.
From the News and Courier.
The Savannah Morning News published
on Saturday its annual review of the
trade and commerce Of the city Of Sa-
vaunah. 1t contained complete, but con-
else, summary Of the business of the port
during the past year. and wac alike most
| creditable to the enterprise Of our con-
temporary and encouraging to the business
community for which il spoke.
The review shows that. while there
have been deficits in certain lines of trade.
there have been increases in Others" and
that, though the business Of the year was
less than that of the year before, 1T was
upon more solid basis. and results WERE
If anything, more satisfactory There was
stronger feeling of confidence in the
trade world, credits were more generally
extended and the conduct of business was
easier throughout" The decrease for the
year as compared with 1856. amounted
TO about 100000. Although the receipts
OF cotton were $1,000 bales in excess of the
previous years receipts, there was a de-
crease Of 100000 In the value Of the cotton
trade. There was a remarkable decrease
in the supply Of rOsin and spirits as com
pared with the previous year, but THE de-
crease in quantity just about balanced
the increase in value, and altogether
the situation was practically a reverse
Of that Of the year before" the gro
Gerry and provisions trade showed another
marked decrease, characteristic which
II also exhibited the year before" There
was somewhat Of a falling off in the rice
industry" on the other hand the fer
ulizer manufacturers. the dealers in dry
goods and notions, the growers of fruits
and vegetables had good year and made
advances in the development Of their re-
spective industries and businesses; and
altogether, as the Morning News sums it
up, the general business of the city may
be said to have been much better than
in the previous year, even though there
was little or no increase in volume
Taking into account the general depres-
sion which has obtained throughout the
business world, the fact that ocean
freights have been higher than in former
years" the determination on the part of
the Southern railway system 10 divert
business from the South Atlantic ports In
the interest of its Virginia terminals and
the uncertainties Of business undertakings
in view of the tariff situation, the years
work in Savannah has not been discourag
Ing. On the contrary, the new CONNER
clal year finds our friends and neighbors
in admirable condition for the improve
ment of the new era of prosperity, which
has been assured to the country. AS the
Morning News says:
Evidences of a revival of prosperity.
and Of the confidence of Savannahians in
their city, are to be seen on every hand
Building and repairing is going on every
where, from the water front to the ex-
IRENE southern limits of the city. Real
estate dealers report good demand, at
fair prices, for lots. The city is now com
pactly built from the river to the last of
the named streets, Anderson. and the
numbered streets as far as Twelfth are
rapidly filling up with residences and
business houses. 1t is predicted that ii
viii shortly be found necessary to extend
the corporate limits further to the south
Nor is the growth all to the southwark:
there Is a healthy filing-in at the sides
The day is not far distant when the 1OO. 900
mark of population will be reached and
passed.
And when Savannah passes the 1901 0O
mark, there will be none TO congratulate
her more sincerely than the people of
Charleston. The confidence of Savan-
nahians in their city, has already ac-
complished wonders, and will further con-
tribute TO the growth and DEVELOPMENT of
one of the most enterprising towns in the
south. very great factor in the develop
ment of Savannah has been the Morning
News. Its annual review is only one of
the many evidences il has given of its de-
votion to its city and people.