The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-01-20
MARINE INTELLIGENCE.
AND GENERAL NEWS OF
SHIPS AND SHIPPING.

.oats From Up-River Land
Arrive with, Good Freights.
,ork on New Marine Railway
.a.sing-Shipbu In 1901
a, steamboats Katy of the South
,rransportation Company's line,
eH. tho Two States of the Planters
"H arrived yesterday from Augusta
LIZ ,,.,v landings we'll loaded with mis-
'' IONS freight. There was consid-
nc 49, cotton. rosin, and produce ON
boat. The Two States brought
lumber of dressed hogs, which
.a being shipped by farmers along the
/ river. 80 .
.,..+iIizer from Savannah by boats.
u Nor last trip out the Two States
~ about twenty tons, which is the
4 ,s.9ast single shipment this season..
The movement is slow
progress was made during the past
i .ou an Rourke's marine railway. The
ahice,v being installed south of the
trial of Georgia Railway tracks is
0,nt in place, and the engine to be
-I.ced near will go up this week. A
i,n,aI will be cut under the railroad
.,,e to connect the cable with the
orriaoe on, which vessels will rest
e. bauled out. Owing to his desire
W oct the railway in operation soon
Mr. Rourke is giving its construction
his nersonal attention.
Al Hunting & Co.'S docks the big
t,r,r-masted schooner Edith H. Sym
!oytor is loading lumber. She is a
ia1ge carrier, and will take nearly a
a million feet.
The Glasgow Herald estimates that
.here wer 161 more vessels built in 1901
han there were in the preceding year.
Tbis of course reflects the activity
tba+ prevailed during the year in the
worlds shipbuildfng industry, but on
-ba other hand q glance at conditions
in the shipping trade, and more partic-
,,larIv in the United Kingdom, fur
5%sbes a somewhat different light.
Treights have been falling all around.
4 Rates we're promising enough toward
the end of 1900 and at the beginning of
4 1901 but sharp decline set in about
/ The middle of 1.-THE present year. With
situation went, from bad to worse. So
Tar as the carrying trade of the United
Kingdom is concerned, it must be not
Cd that outward as we'll as homeward
VOYAGES were affected, and 1t is becOm-
ing more difficult than ever to extract
ANYTHING like a fair return from
ei+her. One reason for this is that,
though freights have gone down, the
current working expenses of ships
wages, provisions, Goals, repairs and
81 insllrance-are as high as they were
ocean "tTamps," in these unfaVorab4e
circumstances, is perhaps the most pit
liable of all. These boats-say- of an
average tonnage of 800 or 1000 tons
have now to compete with the in
creasing number of cargo-carrier liners
81 of 1000 or II 900 tons. They cannot
make their runs so rapidly as these
q leviathans, nor can they accept, with
i out the risk of actual loss, such low
4 rates The result is that they are be-
4 ing quickly pushed out of the trade,
4 and that their owners are either lay
4 ing them up or disposing of them at
4 ruinous prices to foreigners. Even the
huge cargO-carriers are having so bad
a time of it that many OF them must
b he working at scanty profits. But If
n the outlook is unsatisfactory just now,
the probabilities are that it will be
q found still gloomier as the new ship
ping which is being turned out in enor-
nous quantities enters into colnpeti-
ton. The supply will continue to be
increasingly out of all proportion to the
demand, and the depression in frefgihts
must consequently become more acute.
For the shipping trade there may be
some consolation in the fact that the
amount of tonnage on the stocks is
less at the end of 1901 than it was a
year ago.
Fernandina, Fla, Jan. 1S.-The
schooner Alice Archer. loaded with
railroad iron, has been lost in a heavy
storm fifty miles south of Cape Hat
tfras The crew was saved but the
vessel was leaking badly and the men
were forced to abandon her. Her mas
Ter, Arthur Gibbs, arrived here to-day.
Passeuuers NV Steamships,