The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-09-07

said: money has been fairly easy dur
ing the year but as the cotton crop ma
lures, money will be more in demand this
fall. The cotton crop is fairly good and
should the crop in Texas not be unusual
ly large, the prospects for fair prices are
very good. Cotton must be exported and
as we have wide awake exporters here, Sa-
vannah will do her part Merchants have
all done well and the business outlook is
gratifying Savannah trade has been bene-
fitted by the soldiers, and business is
everywhere in a sound and healthy con-
dition. The banks have become stronger
through the acquiring OF additional capi-
tai and 1t Is no longer necessary for par
irons to seek Eastern banks for loans
with which they may always be supplied
here, there being no lack of money which
is always available to parties FOR legiti-
mate business purposes. Although Sa-
vannah is always conservative, she is in
a prosperous condition and notwithstand-
ing the extensive amount of building con-
tinually going on, there are few vacant
houses, and the indications are favorable
for a continuation of the present satsfac-
tory outlook. In all probability the de-
mand for money viii greatly increase in
the future, but hardly to an extent which
would render money scarce"
THE outlook for business in this terri
tory is better than has been the case for
years" sa!I Mr. William G. Cam, cash
Ter of the Savannah Bank and Trust Com
pany. prosperity in lumber and naval
stores must necessarily have a good eff
feet upon the general business of Savan-
nah In addition to which the eXpendi-
ture by the railroads with the increased
facilities which win be offered by them
will attract large business that has gone
elsewhere in the past. The banks of the
city are thoroughly equipped to handle all
business and at more reasonable rates
than for several years previous"
As Mayor banker and business man, Hon.
Herman Myers is in position to speak au-
thoritatively of the condition of affairs
from business standpoint Of Savannah
and the surrounding territory.
1.-THE business year now drawing to a
close has been a good one with the mer-
chants of Savannah" said Mr.. Myers, land
the outlook is good for a continuance of
this satisfactory state of affairs. The
year has been a prosperous one with the
city and money has been more plentiful
than for several years past This is evil
denced by the larger bank deposits and
the large amount of building now going
on in the city. Considerable money was
left in Savannah by the troops camped
here last winter, but this only accounts
partially for the better state of affairs as
with previous years.
Savannah, in common with the rest OF
the country, has felt a touch of the re-
turning prosperity. The reason is not far
to seek Conditions have been good in the
territory surrounding US. Lumber and ma
val stores men are receiving from 80 to 80
per cent. more for their products than in
previous years and the result is that
money is more plentiful in this territory
Savannah fortunately, is not dependent en-
tirely upon cotton for the prosperity OF
her trade While very large amount Of
cotton is handled through this port only
small amount comparatively is from the
section tributary to Savannah. The bulk
Of this cotton is handled at a small margin