The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-18
MARINE INTELLIGENCE.
LOCAL AND GENERAL NEWS OF
SHIPS AND sHIPfIyG.

Proposed New Steamship Line Be-
tween Philadelphia and savannah.
work of Dredging Along the Sa-
Nannah, Florida and Western
Railroad Wharves ia Progress.
Five schoOners Arrive With Car
EOcs-Other News.
The Philadelphia Trades League mana
gers held a meeting Saturday night to
consider the subject of a proposed new
steamship line from Philadelphia to Sa-
vannah and Charleston. N. B. Kelly, the
Freight Commissioner of the League, pre-
scented a lengthy statement covering the
need for such line, the cost of starting
and operating it and the probable profits
that would accrue, giving figures to prove
all his assertions.
At the conclusion of the report the fol-
lowing estimate was given: Gross earn
ings on freight handled, sS24,08 expense
of operation, 1858, e5l; net earnings, $553l9,
or more than Il per cent. on capital Of
$4,000. IL the company were organized
with $250O GEO capital and issued per cent.
bonds for $4,000 TO raise balance of cash
pay interest on bonds. 81, 500; dividend of
10 per cent, $4,000, and leaves surplus of
$l7,Sl9."
In estimating the expenses, Mr.. Kelly
included the wages of the crews of the
steamers. even down TO mess boys, cost
| of coal, salaries of clerks. Office expenses
and wages of office boy. Insurance, re-
pairs, deterioration of property and the
4 re hon ole in
cluded.
p Sanford Ross dredge No. 1 arrived
from Brunswick yesterday in tow of the
! tug Brusstar, and viii JOIN dredge No.
in digging along the wha yves of the Sa-
vannah, Florida and We stern Railway
This work has been needle for some time
and will be an improvement greatly APP
preciated by owners whose vessels have
frequently been on the baton, al low
tide, while loading at these wharves,
The British steamship Matin Capt
Archer, tWenty-one days from Shields, ar
rived yesterday, consigned to the Geor-
| gin Export and Import Company. She will
doad cotton for Bremen. Capt Archer re-
ports having encountered rough weather
on the passage, but sustained no damage
except a slight arrangement of the steam
er's Steering gear.
The tug Iris Of I33itfh'aswick arrived here
yesterday and viii return to-day, towing
a large raft of cypI ess timber for the
Hilton, dodge Lumber Company.
Capt. NJ urphy of tie schooner Josephine
! Ellicott, W hch arriy ed at Charleston yes
terday, reported tn at on Jan. g. in lat
1851, long. Ills west, he sighted a barge
to windwsrd, unde sail with flags set.
He hauled to and worked up to her and
found it 10 be the barge coal King of
! New York. light, with spanker boom
broken and sails torn. He sent a bag
| of flour to those on board of the barge.
| The barge Coal King, one of five barges
in tow of the tug Edgar F. Luckenbach,
| from Boston for Newport News, snapped
| her haWser on the evening of Jan 9 off
! Fenwick Island Lighthouse No. /. and
| was lost in the darkness She had five
men aboard. The tug l.. Luckenbach left
| Norfolk Jan. 8, in search of her. Steamer
| Greenbrier Orb at Newport News. Jan.
| 10, from London, reports sighted the Coal
| King on Jan. 8, lat 1921, lon. n rs about
$50 miles Sc of New York The barge was
| under sail, and wished to be reported but
! refused assistan ce The Coal King was
! towed into New bort News a few days ago
by tug, which picked her up at sea.
The steamer Gopher will, leave TODAY
IL
| err Prof Moore, and his assistants arriv-
! ed yesterday from Philadelphia They will
| continue their researches among the In
dian mounds TO beafoUnd in South Carroll
| ma.
The schooner Robert Graham Dun.
! Capt. Kelly, from Booth Bay, Ne. arriv-
| ed yesterday with a cargo of fish scrap.
consigned to the Savannah Guano Com
| pany
The schooner Celia T., Capt West. from
New York, arrived yesterday with a car
| go of coal, consigned to G.. l. Taggart
! The schooner Ida Lawrence. Capt.
| Campbell from Baltimore, arrived YES
| terday with a cargo of oil, consigned TO
the Standard Oil Company.
The schooner Emily +. Northam. Can't.
| Johnson. FROM Philadelphia. arrived yes
| terday with cargo of coal, consigned
to Bond, Harrison & Co.
| The schooner Jennie Thomas. Capt.
| Young, from Baltimore. arrived yesterday
with a cargo of railroad iron, consigned to
---------------------------
n k9w1M I'D