The Savannah morning news., 1902-10-26
FROM WATER FRONT
RIVER RATES ON COTTON TO AU-
GUsTA BEING DISCUSSED.
WANT LOWER RATES
DESIRE TO BE PUT UPON AN EQUAL
FOOTING WITH OTHER POINTS.

The Present Rate on Cotton Gives
Augusta Decided Advantage
over Savannah From River Sec
tiOn-Matters of Interest TO Ship
pers and Mariners.
Savannah cotton and naval stores
factors doing business with upriver
towns, have for some time been inter-
ested in the rates from Stoney Bluff to
Savannah, and from the Bluff to Au-
gusta, owing to the much lower rate
at the other end of the line. AS the
other end has two-thirds the rate on
cotton that Savannah has, the effect is
to draw shipments that way. This has
caused some dissatisfaction among fac
tors and others. who have been con-
sidering ways to better conditions.
Capt. w. T. Gibson, general manager
of the Southern Transportation Com
pany. states that while the other side
of the Bluff gets a SOC rate on cotton
to Augusta, and this side has to pay
75c to Savannah, circumstances makes
a remedy at present impossible. Capt.
Gibson lowered the cotton rate on the
states, on this end If his line were not
bound by contract with the Haddon
line not to haul cotton under the stip-
ulated rate of 75c per bale. Until that
contract expires, or the Southern is
otherwise released from it, the rate at
this end cannot be changed. Local
factors are DESTROYS of at least being
placed upon an equal footing with fac
tors at Augusta, and expects remedy of
~ tn fhA fxrf.
The greatest part of the maritime
trade of the port of Hamburg in for
mer times was carried on under for
eign flags, owing principally to the
preponderance of British tonnage. Aft
er many years of steady efforts, how
ever, the German flag has at last won
the first place in Hamburg's sea traffic.
Connected with Hamburg are seventy
four regular lines under the German
flag, thirty-seven under the British
eight under the Norwegian, six under
the Danish, three under the Dutch,
three under the Russian, two under the
Swedish. two under the Spanish, one
under the Belgian, and one under the
French flag.
In the market for sail tonnage there
are few features Of a new or interest
ing character. 1nere Is no improve
ment in the demand for long voyage
vessels, though upon the basis of cur
rent rates owners are rather reserved
in their figures. South American lum-
Der freights are slow and the demand
for vessels to West India ports does
not increase. Coasting lumber rates
are steady, though the demand for
tonnage is limited. Coal rates to East
ern ports continue to show a harden
ing tendency. though business is re-
stricted by the difficulty of obtaining
quick dispatch at the loading ports.
For steamer tonnage the market con-
tinues dull and depressed. Boats are
offered freely for the various trades
and at extremely low rates, but the de-
mand is yet of a hesitating character
in consequence of the unsettled situa-
ton, and the uncertainty of the course
of the future market.-Journal of Com
merce.
Sweden has the Oldest vessel in the
Baltic, perhaps in the world, in the
schooner Emanuel. built in 1749, first a
pirate and now used in the lumber
trade. The Danish schooner Maren,
also in the lumber trade. was built in
1900, is still seaworthy and has been
owned by one family for 102 years