Evening star., 1901-09-05
GALVEsTON's RECOVERY.
Vast Volume of Business Doing at the
Lately Stricken Port.

From the Galveston News
Despite the devastation wrought by the
hurricane of September, 1900. Galveston's 8
volume of business during the trade year
just closed has geen greater than in any
other like period IN that city's history.
Galveston's total cotton receipts for 1900
1901 were 2,177 9S3 bales. compared with
1710,263 bales for 1S99-19O0. Galveston's 8
bank clearings for the year just closed
$339 624, $50 for the preceding year.
During the season Of 19OO-19O1 the total
coastwise and foreign exports from Calves
ton were valued at $246 567 PAT, as compared
with $21S, ,SS4, ,512 for the previous season.
Galveston's total foreign exports, including
domestic and foreign goods, for the year
just closed were valued at $1O1 962, 192. COM
pared with $50, ,376. 4S6 for the previous sea-
son. During the season just closed Calves
ton exported 500, 1877 bales of cotton val
ued at $S2 O93, ,9s2, compared with 1890 259
bales, valued at $63, ,271 221, for the pre-
ceding season. The total value Of Calves
tons exports of cotton and by-products
for the season just closed was $SS ,373, 152,
compared with 500 ,621 .3O7 for the previous
season. During the fiscal year Galveston
exported H.O1O.37S bushels Of wheat. val
ued at SIC, ,31O.6 .613, compared with 13. $50
bushels, valued at $9, ,327 9O4, for the pre-
ceding season.. The total value of wood
through the port for the season just closed
was 81 ,O35.572, compared with $9S7,915 for
the preceding season.
The resumption Of business on such a
scale would have been impossible If GAL
weston had not been the most accessible
and economical port for enormous traf-
f1c. Galveston Is the natural outlet for
more than one-fourth Of the area of the
United States. AS port for all the coun-
try tributary to 1t Galveston represents an
economy in time and rates which cannot
be substituted.
A bill has been passed by the legislature
of Texas authorizing the city of Galveston
to issue bonds for the purpose Of securing
funds to build sea wall Of stone along
the gulf 'front.' which will effectively pro-
tect the city from the sea.
The features Of the year were the -recupe-
ration Of the port from the great storm
and the advent Of fuel oil. What the use Of
too early definitely to state. Galveston
should be able to obtain oil at as low rates
as any other city can secure It. The rail-
roads and the larger coal consuming indus
for fuel.
Galveston's wharf and terminal facilities
are equal In convenience to those Of any
port In the country. while Its area Of wharf
United States except New York. The orig
inal cost Of GaIveston's jetties was 81, $50, :
600. The navigable depth Of water In GAL
veston's channel. where the bars formerly
were, Is twenty seven to twenty-nine feet.
Galveston handles one-fifth Of the exports
OF the whole United States. but only
1-24Oth Of the imports OF the country. and It
Is the largest distributing market for bag
ging and ties In the United States.
More than one-fourth of the cotton crop
OF the country passed through the port
during the past season. COtton-seed cake
and meal exports were over one-third Of
those OF the entire country. Cotton-seed
Oil exports amount to q little over one
tenth. Wheat exports are about one-ninth.
and unmanufactured lumber exports are
about one-fortieth Of those Of the United
States. Galveston's total domestic exports
for the season were valued at $1O1, ,831 TAI.
The total imports valued at $067 O69
The Texas cotton crop for the season lust
closed was 3,484. $40 bales, compared with
2,40.614 bales for the previous season, an
increase OF LOCI, 158 bales.