The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-02-10
CLOSE TO A MILLION BALES.
SAVANNAH's RECEIPTS WILL
REACH THAT FIGURE TO-DAY.

Third Time in the History of the
VIII Have Been Passed-SeveraI
Times Close 10 It--This Time 1t
VIII BE Five Weeks Earlier Than
Before.
Tomorrow the official reports of the re-
ceipts Of cotton at Savannah since Sept. l.
1897, will show seven figures. The total
will. in all likelihood, be a few thousand
bales over the 100000 mark. When the re-
ceipts are eounte6 at the railroads to-day
that amount will have been received.
Counting the receipts which will be re-
ported at the Cotton Exchange. there will
be less than 500 bales to make up the mill
ion, if there is any deficit at all. If the
railroads should bring in little more
than usual. the full amount to make the
100000 bales will be reached. Jan. II.
100000 bales had been received, and it has
taken less than a month for the remain
ing 10000 to arrive.
The season of 1s97-9S promises to be a
record breaker in the movement of cotton.
While the receipts have greatly increased,
the cotton has not been allowed to accu-
mulate in stock, but has been quickly re-
celved by large steamships for transpor-
tation to Europe, while a large quantity
has been shipped by coastwise steamers
to Northern ports, and transferred to for
eign steamers for export.
The total exports thus far for the season
have been 1871, 973 bales, of which 32904S
bales were transported by coastwise steam
ers. Five hundred and sixty two thou
sand nine hundred and twenty-five bales
were shipped direct to foreign ports. OF
the foreign exports, 81, 932 bales weEt to
Great Britain, 32,544 bales to France, and
462, 449 bales to the continent. The largest
exports to any one port have been to Bre-
men. In fact, Bremen has received from
Savannah a large majority of the entire
foreign shipments.
The receipts of cotton at Savannah have
repea tedly come near reaching 100000
bales during a season, but only twice have
they passed that amount.
During the season of 1S90-91, the total
receipts were 1039, sos bales. That was
the largest receipts of any season before
the present one. March 10, 1891, the million
mark was reached, and the event was fit
tingly celebrated by jollihcation of the
members at the Cotton Exchange.
The season of 1912 was the other mil
lion-bale year. June 4, 1892, the receipts
had reached 100000 bales, and the entire
receipts for the season were l ,027 O16 bales
1t is now shown beyond doubt that
Savannah's receipts of cotton for the en-
tire season of 1S97-9S will greatly exceed
any year in the history of the port.
The million bale mark is reached five
weeks earlier than during the previous
banner year. The long list of steamships
now chartered to take cargoes indicates
that there will be no immediate let-up In
the movement, and from the present out
look in less than another month the re-
ceipts will have reached and passed the
total amount of the receipts during the
entire previous banner year.
Nothing has as yet been said on Change
as to demonstration upon the receipt
of million bales, but it is likely that the
members will congratulate each other for
the efforts made to increase the CONNER
cial interests of Savannah, and credit will
be given those who have been foremost
in bringing the cotton to this market.