The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-11-06
TWELVE MONTHS WITH
THE COTTON EXCHANGE
President WiIIiamsons Annual Report-Crop
Conditions Reviewed

creasing their shed facilities, and there
is every indication now that nearly al
cotton will be kept under cover. Inc
lighter company and the snip agents
have supplied themselves with tarpau-
Inns. so that the loading here this sea-
son should be better than ever before.
In fact a record viii probably be made
that will entitle the port to reduced
rate of insurance.
For Deeper winter.
THE work of deepening the river is
progressing very satisfactorily. so that
at the present time boats with tWen-
ty-five feet draft Of water can go to
sea on an ordinary tide. and with
twenty-six feet on a spring tide. l
am assured by the pilots that within
two months. when two shoals in the
river have been removed, that TWEEN
ty-seven feet on spring tides will be
safe loading. Whilst these are very
gratifying results, this exchange should
exert every means in its power to car
ry through successfully the project for
thirty feet at mean low water. This
would mean much for this port, for
with such a depth Of water, steamers
could come and go at any stage of the
tide a condition of affairs certainly
much to be desired.
During the past year at the re-
quest of a large number of the mem
bers, a committee was appointed to
quote the value of local stocks and
securities The stock board occupies
a prominent place on the floor, and has
been of considerable benefit. This
new feature has assisted in increasing
our membership. The large new
weather map. which gives full in
formation daily regarding the condi-
tons of the weather through the en-
tire cotton belt, was procured through
the eXertions of the Meteorological
Committee.
Prosperous Year for Savannah.
1.-The year has been for Savannah
one Of progress and prosperity; the
health of the city has been good, and
we escaped the two storms that caused
so much damage on the Atlantic coast.
For many years efforts have been
made to have this city recognized as
tourist point by the railroads, and
they have finally contented to do so.
This means much to the prosperity of
the city.
"As the result of hard work and
persistent effort this city is now be-
ing rerated by the insurance compan-
les, and it's splendid record showing
for a number of years a very small
percentage of losses by fire, will secure
considerable reduction in rates, saw
ing to the merchants thousands of
dollars. The outlook therefore for the
continued prosperity of the city is
bright"
Supt. Gaudry's Report.
Supt. j. j. Gaudry submitted his an
nual report which dealt thoroughly
with the statistics of the year, which
have been published before. According
to the report Savannah lost none of it's
prestige during the year, but has moved
forward in the handling and market
ing of cotton at a pace that gives all
classes reason for pride Capt. Gau-
dry has not been in charge of the office
long, but he had all figures prepared in
correct order, and his report was re-
garded a good one. 1t was received
and adopted with all the others as
whole which was upon motion at the
opening, decided upon as the most eX-
peditious way of passing upon the
reports.
The Meteorological Committee, of
which Col. G. A. Gordon is chairman,
secured the weather map, which was
among the principal features to the eX-
change service during the year. Tho
local stock and bond board was also
valued addition. All committees were
assiduous in the performance of their
duties, and the fact that nothing was
left undone by them as a whole, ac-
counts for the generally satisfactory
service.