The Savannah morning news., 1903-08-28
I,3OO,775BALESNOW
COTTON YEAR WILL COME TO AN
END MONDAY.
WAS A RECORD BREAKER.
RUSH OF NEW CROP EXPECTED
EARLY IN SEPTEMBER.

Several Thousand Bales of New Cot
ton Had Been Received Last Year
by This Time-PracticalIy no
Stock stored in Southern Ware
houses NOw-RniIrOads Have Com
pieted Their Preparations for
Handling RecOrd-Breaking Re
ceipts-Cah store over 100000
Bales.
Monday will mark the closing of the
cotton season of 1902-19OS and the open
ing of the season 10000.
Few seasons have opened, within the
memory of local factors, when there
was so little new cotton on the mar
ket and so little old stock stored in
the warehouses. There is a doubt if
there are 500 bales of old cotton in
warehouses in the entire South, con-
dition unknown heretofore. This year
has seen the sale of several seasons
crops which were held by planters
able to hold, and the high prices has
brought out all the old stock.
The receipts here thus far this sea-
son are 1,3OO,773, against 1,142,749 for
the season before, gain of 15SO24
bales. 1t is hardly probable that the
receipts for this season will be IN
creased any between now and Aug
81, when the season closes. Practi-
cally no new cotton has been received
here at all. Up to the first of Sep
TENDER last year several thousand new
bales of cotton had been received here
On this date last year 1853 bales were
received in Savannah, but not a bale
was received here yesterday, when IN
dictates how late the crop will be.
Though the receipts of new cotton
for this season will run behind those
of last year for several weeks, yet
the rush that will come in September
will speedily bring them up, and per-
haps surpass all previous figures. Rail
roads entering Savannah are figuring
on bringing rs per cent. more cotton
here this year than last, and the re-
ceipts here are expected to come near
ly up to the 100000 mark. No time
in Savannahs history as an exporting
port has the increase been as large as
they are expected to be this year. All
of the railroads are combined in their
intentions to handle all the cotton pos
sible through Savannah on account of
the superior facilities here for hand
ling the staple rapidly. Cotton factors
are more determined than ever to use
the quickest routes to foreign ports,
and the satisfactory time made out
of Savannah for the past season has
pursuaded many to specify in their
shipping orders that their cotton shall
be routed through the Savannah port.
The first of the tramp steamers that
will come to Savannah to carry the
first rush of this years crop to foreign
markets is expected to arrive the lat
ter part of next week or the first of
the following week. Never have the
charter lists of local brokers contain
swallow up cotton by the thousands of
bales. The average tonnage of these
ships have increased yearly until now
the largest ships plying the Atlantic
come into Savannah for cargoes.
The weather for the past week, and
at present, has been ideal for the har
vesting of the crop, and reports from
counties in the lower portion of the
state, where the crop is matured, in
dictate that the movement will com
mence several DAYS earlier Athan was
expected two weeks ago. AS stated
in the Morning News yesterday the
first rush of the new crop is expected
about Sept. 10, and from then on to
the end of the month the railroads will
have all they can do to handle the inn
mense amount of new cotton that will
be rushed through to the ports.
The improvements that have been
going on in the storage sheds of the
railroads entering the city have been
completed, and with these additions
the railroads of Savannah can house
over 100, 900 bales of cotton.