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2 FACTS OF A YEAR S TRADE A VERY SATISFACTORY SHOWING FOR SAVANNAH. While Depression Existed In Some Branches, Others Were Much More Prosperous Than for Several Years -Bright Prospects for the Future. OFFICE OF THE MORNING NEWS. . Savannah. Sept. 2. IKH7. > Tbe year that closed on Aug. 81 was. all things Considered, a very satisfactory one for Savan nah. In some branches of the city's business there was a little depression, but other branches were so much more prosperous than for several previous years that the depression mentioned was hardly noticed The report, received from the merchants is that collections were excellent, anti that very little money was lost. Indeed, the testimony is that the planters and country mereliants met their obligations more promptly and fully than in any one of the prior ten years. When obligations are paid there ate good rea sons for thinking that business is good, and that, prosperity is quite general. The cotton receipts were not, quite up to those of tbe previous year, hut the prices ob tained were better. The planter, there fore was better off than if bis crop had been larger and the prices lower It is worthy of notice that although the helief is quite general that the factorage business will eventually de sert all the ports, the percentage of the cotton received that was handled by Savannah factors was fully as large as the ivereontnge of the pre virus year. In the matter of sea island cotton, it Iwgins to look as if this city would soon con trol the whole production Fully 25 per cent, more was received last year than the year be fore. Naval stores factors and manufacturers hud a right to complain. The production was im mense, but the prices were very low. It is probable that the proposition to produce less, in order to control prices, was not heeded, and that the producers made about all they could. The lumber men did a due business. It may be that the volume of the business was not quite as great as in some previous years, but there was a good demand, ami when the demand Is good the prices are pretty certain to l)e good. There was a good deal of rice marketed, and very good rice it was. The planters could not complain of the yield, but they did growl at Ihe prices. Louisiana and foreign rice played havoc with the prices. However, the rice marketed here is so much t>etter than the foreign or Louisiana riee that prices hold up better under the circumstances than might be expected. Savannah's wholesale business has been l>oom- Ing for several years, and it boomed a great deal last year. Her merchants are reaching out after new territory, and arc showing remark able grit and enterprise. The dry goods trade was better than ever before, and as for the grocery trade, it is safe to say that its improve ment was ext raordinary. The review of the year’s business is calculated to leave a good impression upon the tninds of those interested in the city's prosperity. There was a great deal of building, and the rise of the prices of real estate in the new' residence por tion of the city was steady and healthy. The city grew last year a great deal in every way, and it promises to continue to grow. The public health in eaofl month of the year under review was good, and, in fact, ever since the work of draining the city began there has been a steady improvement in its health. With a prosperous business year just closed, and a season just opening that is full of promise, there is no reasou why Savannah shouldn't wear a smiling face. Financial. So far as the prosperity of our merchants is concerned, and the increased earnings of our banks, the financial condition of the State of Georgians better than it was twelve months ago. But State city and railway bonds arc oil on a lower level of prices; this, however, is not a bad sign; on the contrary it shows that ail classes of business men nfv finding employment for their capital in legitimate enterprises, and thus they neglect this class of securities As the volume of business increases securities are sold to raise money to meet these wants, and, as the sales increase, bonds decline. Clt V bonds do not hold their own as com pared with last year, and yet Savannah's credit was never better, nor her financial condition more healthy. So it is with the railroads throughout the State; their earnings were never larger, or their future physical well being more assured, yet their bonds ami debentures are all purchasable at lower prices, although no one denies that the securities of this kind are ■stronger than they were in 1886 As an evidence of this the capital stocks of all these roads sell for more than they did (welve months ago The condition of our lianks has certainly im proved. and their last annual rei>orts. without exception, show In rge earnings and increased reserves. So that they will have larger avail able capital to lend the business community, and. when we add to this the banking capital of the Central Railroad Bank and of the Ogle tborjie Savings and Trust Company, it will be seen that the loanable funds available are much larger than ever before. Thus our merchants are warranted hi extending their business with out fear of ji squeeze in the money market. The combined capital and reserve of our banks will amount to some million dollars), as follows: Capital. Reserve. Southern Bank of the State of Georgia $ 500,000 $525,000 Merchants' National Bank .. 500,(XX) 250,000 Savannah Bank and Trust Cos. 400,<XX) National B@uk of Savannah 250,000 20,000 Citizens’ Mutual Loan Asso ciation 172,000 10,000 Oglethorpe Savings and Trust Company 100,000 0,000 Central It. R. Bank funds to lend !,000,000 Below is given a tabular statement of the comparison of prices of securities for 1886 and 1887: 1886. 1887, Bid. Asked. Bid. Asked. State of Georgia 7 per cent, bonds due in 1806 121 126 120 121 State ol Georgia gold quarterlies due in 1800 11l 112 105 107 State of Georgia 44^ per cent , new bonds 104V4 lOAU City of Savannah 5 per cent, bonds 108*1 104 101 102 City of Atlanta 6 per cent, bonds 110 112 109 no City of Atlanta 7 per cent, bonds 118 320 116 120 City of Augusta 7 per cent, bonds 133 115 109 113 City of Columbus 5 per cent, bonds 101 103 103 lot City of Macon 6 per cent, bonds 109 111 111 112 Savannah. Florida and Western By. 6 per cent, bonds .109 111 110 1 IS Central K. R. & Bank ing Cos. Joint, mort gage 7 per cent. .113*4 114 110 111 westerns. R. of Ala. 8 per cent. 2nd mort gage bonds 110 111 108 10!) Montgomery & Eufau la R. R. 6 per cent. Ist indorsed hoods.. 109 110 108 109 Columbus A Western R. R. 6 per ceut Ist indorsed bonds 105 106 106 108 Columbus A Rome R. R. 6 per cent. Ist indorsed bonds..... 102 103 105 106 Augusta & Knoxville 11. R." per cent. Ist indorsed bonds 114 115 111*4 112 Galnesvllle, Jell , & So. R. R. 7 per cent. Ist Indorsed bonds 117 118 115 116 Gainesville, Jeff. & So. R. R. 7 ]>er cent. 2nd indorsed bonds 111 118 112 114 Georgia U. R. & Bank ing Cos. C per cent. •finds 110 112 109 110 Charlotte, Columbia and Augusta K. H. 7 per cent. Ist mort gage bonds 113 115 111 112 City and Suburban R. R 7 per cent Ist moil gage bonds . 108 104 108 109 Marietta and North Georgia K. R 6 per cant. Ist mortgage , bonds : 98 99 99*4 101*4 1 Ocean S. S. Cos. 0 per cent, bonds, due 1892 103 104 102 103 Central R.R. 8 |>ercent certificates of ind... 102 102*4 99 mi Atlanta A West Point 6 i>er cent, certifi cates of ind 10314 104*4 102*ii 103*4 Atlanta A West Point railroad stock 101*4 l® - - HO 112 Augusta <S; Savannah railroad stock 126 127 132 133 Central R. R A Bank ing Cos. stock 100 101 118 119 Georgia It. It. A Bank ing Cos. spick 196 198 197 200 Southwestern railroad /stock 124 125 127 128 Savannah Gas Light stock 19 20 20 21 Savannah Mutual Gas Light stock 23 25 19 21 Southern Bank of the State of tia stock 190 200 198 202 Merchants’ National I'ank stock 150 155 159 161 Savannah Bank and Trust Cos. stock 75 80 96 99 National Bank of Sa vannah stock . 105 110 119 Citizens' Mutual Loan Association stock... 98 100 101 104 Oglethorpe Savings A' Trust Cos. stock 107 COTTON. The cotton crop of the past year was a rather remarkable one in several respects. It was. without doubt, one of the finest ever marketed. One reason for this was that the planters had a splendid season for harvesting, and another was that factors have succeeded in impressing planters with the necessity for better ginning and better handling. A great deal more intel ligence is lieing displayed in the culture of the staple and in the use of fertilizers, etc., but the season was such a remarkably favorable one that it was hardly possible to help turning out a clean crop. In the siz<* of the crop, the:*e was very little disappointment, as it, was predicted that it would not e pin! the one of the previous year, which was quite a large one, but It was not expected to lie as large as it was. ,’t will hardly fall less than 150,000 bales short of the crop of the previous year. The crop approximates 8,400,000 hales against 6,576,000 hales last year. Taknig these figures into con sideration Savannah has fared remarkably well as compared with other ports. With a shorter crop she received bnt, 1,002 bales less than she re ceived the year before. New Orleans basely holds her own. Galveston shows a slight increase. This is owing largely to the increased acreage in Texas. Mobile loses very heavily, and taking the Gulf ports alto gether, they show an actual loss which was gained by the North Atlantic ports, which in clude the Virginia ports. Wilmington and New York. Of all the porta, Charleston lias fared the worst in receipts, her shortage on the season’s business being over 100,000 bales. There is one gratifying fact in the year's business of this port that is deserving of notice. It is that more cotton was handled by factors than for several years, while our trade with Europo also increased, showing fully 80,000 bales more exported to direct for eign ports. The largest amount of foreign steam tonnage loaded at our wharves with cot ton than was ever known in the history of the port. It was thought that tbe reduction in the rates of compressing during last season would bring more cotton, but the experiment proved a failure so far as receipts were concerned, and for the present season the old rates have been resinned. Savannah, however, still enjoys the prestige of being the second cotton port on this continent, and it is believed that during t ie s sason just beginning she will far outstrip a number of her rivals. Of course, the receipts last season continued to b i regula’ed by the pooling system of tho railroad,, and, as stated in a previous report, flxts the receipts of the South Atlantic ports at a certain figure, beyond which they cannot go. As to prices, the season was more favorable than the previous one. Valueß steadily advanced from the opening of it to its close. The seam n opened with a stronger feeing in values, beginning with low' stocks. The mills hail pretty well werked off their pro ductions, and the first week in September wit nessed an advance of 1-Kic. for mid dling. Brices wero steadily marked up, until at the close of the month mid dling closed at 9c.. a clear advance of -*4c. for the month. October opened at a full decline of *4c., but rallied somewhat only to again decline, and the month closed at B*4c. for middling, showing a clear reduction in values of %c., and a full decline of *4c. on the opening prices of the season. This was caused by a scarcity of freight room, which resulted in considerable cotton being banked up. November opened at B*4c. for middlings and prices were somewhat irregular, but tonnage being more freely offered prices again advanced and closed fully *4O. higher than the closing of the previous month. Decemlier opened a l-16e. off, advanced to 9c. for middling, closing at 8 15-16 c., showing a clear advance on the month's prices of 64c. January prices advanced steadily until middling touched 9*4c., but closed a l-16e. off. February opened at a further decline of l-16c., which was fully recovered at the close of the month, middling being quoted at 9 l-18c. For March, it becoming apparent that the yield would tie less than was anticipated, pricea advanced hearlfy, closing at for middling, a full advance of 11-16 c. April opened at an advance of *4c., closing at a full advance of *4°- on the closing prices of March. In Slay prices continually advanced, openlag at lOtgC. for middling, and closing at 10*4e., showing an advance of *4c. June opened at 10*4e. for middling, and sales were made at 11*4c., the highest price of tho year, but the month closed at 1064 c., a decline of *4 e. In July the course of prices was down ward on reports of the excellent condition of the growing crop, the month opening at 10>4c. and closed at 9*4c., being fully l*4t\ decline. August opened at 9*4e for middling, ami steadily declined until it touched K-l.je.. when prices began to rally, and the month closed at 8 15-16 e., or Just 3-16 c. higher than the lieginning of the year. The experience of all concerned in the trade was somewhat different from any other season, especially in the fall, as generally whan tho first demand is met stocks begin to bank up, which invariably causes prices .to ease off. Such was not the case in last sea son’s business. Stocks were not allowed to ac cumulate and there was continued free selling at pretty fair prices. Besides, factors were in a 1 ictter position to carry stocks, as at no time during tiie year was there any scarcity of money, while the planter did not require advances as freely as in years past. The large increase in the banking cupital’of this port will lend addi tional strength to the commission men. Tbe buyers for European account had quite a differ ent exjierience, for, instead of the purchasers banging on prices, they made firm offers, enabling the broker to do his work up rapidly, which accounted for the free selling. Of courso. at times cotton was affected by the speculations in the coffee and wheat deals, but this was ihe ease ouly temporarily. Factors had a very pros perous season and made money. They handled more cotton than in Ihe previous season mid they made few, if any, losses. Very few plant era were carried over, us they paid up promptly. This of itself is a good showing, more iiart icularly as the Oeorgia crop was 10 per cent, short. There were some sections in the interior that failed to ship as largely during the [last season as in previous seasons, hut where factora lost in this respect they made up from shipments from new territory. ExjHirters did fairly well. They found less trouble in doing business and closed the season with do fears of reclamation i. This was due to a great extent to the very excellent quality of the cotton. Exporters expressed themselves as lieing well pleased with this port on account of its facilities, and a great many bought here in preference to other markets. Tbe only trouble they encountered throughout the season was a slight block in October last for lack of freight room. They were somewhat af fected ior a short time during the Kuinmer on ac count of the stoppage of mills in Great Britain, which cheeked consumption for awhile. This was brought aboul by the determination of manufacturers aud employes to break the cor ner in cotton, which was made in Liver • pel. and for once employers and employs* were muted Ancthor feature about the THE HORNING NEWS: SATURDAY, SEPTEMBER 3, 1887, exporters’ work was that in buying Georgia cotton they found as good staple as the Gulf cotton, and It compared favorably with that of New Orleans both in quality and in price. Here tofore Gulf cottons have lteen quoted *4<&*fcc. higher, but the past season changed that some what, and they are now nearer mi a level. This condition of affairs was brought about by the quality of the Georgia cotton, which was of tho very best and graded w ell, and, besides, buyers claim that the New Orleans cotton is a non descript, as cottons from Georgia and Florida are offered for sale there and are classed Orleans, tbe same as Gulf cot tons. llow the planters fared generally is not known, but the lielief is that they did well from the fact that they made fewer demands for money from the factors, and they paid up their if'bts more promptly than ever lie fore. It is said that, as a body, they are In bet ter condition financially than they have been in many years. Some of the larger factors continue to com plain of the loss of business with the middlemen, owing to the practice of exporters in buying in tbe interior, but the smaller factors made a more satisfactory showing on smaller shipments direct from the planters themselves. The ove: 1 ind movement was again very large and the lasings by Northern mills quite heavy. That the .Southern mills did well goes without saying, as the whole of the South is increasing its capacity for manufacturing cotton goods. .Most of the mills i. 1 operation have been run ning on overtime, and others are under contract for their productions for several years ahead. The consumption by Southern mills is con stantly and heavily increas ng. The European mills also were in quite a healthy con dition and bought liberally, as their consump tion was correspondingly large. The resull of the season's business is seen in the fact tlial the stock in this country is the smallest ever known at the closing of a season, notwithstanding that more than an average crop wm produced. There is some dissatisfaction expressed at the quotations of this market, which, it is claimed, mislead planters and others. Our quotations are a grade lower than other markets. For in stance, what we eall strict middling, Charleston calls middling, and quotes it at *4c. to *4e. higher than our middling. The consequence is that it works against this market, anil some shippers take it for granted that cotton does not bring as much money in this market, as in oth ers. This is a matter which should lie looked into and remedied. On Aug. 33, the close of the cotton year, the following spot quotations were given by the Cotton Exchange for new crop cotton: Middling fair 9 7-18 Good middling 9 3-16 Middling 8 15-16 Low middling 8 13 16 Good ordinary 8 3-16 TIIE OUTLOOK. The prospects are for an early crop as well as for a large one. In Georgia some counties re port that the fruit is maturing rapidly, while in others the top crop will not be made. In some some sections the weeds and insects have inter fered with the plants, and the fruit, iu conse quence, is light. In Texas there were copious rains lately, which previously was suffering from drought. The estimated area planted is between 19,000,000 and 20,000,000 acres, and if the past season's yield is any criterion to go upon, the crop will be one of the largest ever produced, barring any had weather. From re ports at present the conditions are barely fair. The July rains and freshets did considerable damage in Geor gia. The new cotton now lieing received is a full week earlier than last year, and is pretty well up in texture and color. Prices, it is ex pected, will not go any lower, but on the con trary, higher prices are looked for, as the season commences with the smallest stocks at the ports and interior towns ever known There is a heavy demand for cottons, the mills through out the country being run on full time. At all events, there seems to be a certainty that the demand this month and October will be very large for export. The fabric market is quite firm. SEA ISLAND. The sea island crop which was marketed dur ing the past season was quite remarkable in several respects. It was quite a large crop, probably a little greater than for several sea sons. Its condition was very clean and of good texture. This latter fact led dealers to believe that better .prices would rule, but such proved not to be the case. The season opened with a considerable amount of the previous season’s crop carried over in the interior towns, which began to come in rapidly, and caused a weakness in prices, but the latter fact was not without its benefits, as it enabled factors to work off an unusually large crop quite rapidly—almost tvs fast as it came in. The demand was largely from Northern mills, but the cheapness of the staple enabled Europe to come in and ab sorb what might have proved a burdensome surplus, owing to the size of the crop, also the bail condition of the Egyptian article, with which Kloridas have heretofore come largely into competition, and the cheapness of the lat ter staple made them move on a level, the pref erence lieing given to Floridas by the English mills. It is a well known fact that one Liverpool operator who was advancing heavily on Egyp tian. met considerable difficulty in this way, and the refusal of Egyptian planters to change their seed lias not been without effect. 11l con sequence Egyptian has almost ceased to lie a competitor of Florida cotton. Owing to depreciation the past season saw several English mills changing their machinery and spindles so as to conform to the Florida staple. There were no violent fluctuations in prices, which for the most part, were very steady, and values, although low were quite well maintained, beiug about the average margin for medium fine to fine cottons. Tho past season's work was a good one for factors as well as for the interior merchants or middlemen, as the latter were enabled to buy the cotton and pnj' for it rapidly, values ruling so steady they knew what they were getting for it without liaviug to contend against a fluctuating market Factors were enabled to collect advances owing to the free marketing aud absorption of the erop, con sequently few if any had debts were incurred. The principal cause of complaint by factors was the frauds neiqietrftted by planters and in terior merchants in ginning uplands .-mil *ea islands together. It ought to lie well understood that, whether a mistake or intentional, where such cottons are ginned and packed in this man ner that it will almost surely In- detected right away by experts. This practice has been gl ow ing worse every year. Planters did not fare so well, owing to the low prices, and a great many were disheartened by the had results of the previous season, and abandoned the cultivation of sea island, while other , in Florida have lieen experimenting in planting small patches In tobacco in place of the same area in cotton as heretofore. 111 previous years fertilizers were very little used in the cultivation of sea island cotton, but during the past year the policy was changed somewhat in Florida. German kainit was used, and the impression is t hni it kept cotton from rusting. The season closed with a very small stock on hand, either at the jxirts or interior towns. September. —The market was rather slow in opening up and the receipts came in slow ly, and as predicted buyers evinced a disposition to begin business nj lower prices, and the opening sales were at 18c. for good and the. f r medium line The receipts for the month were 113 hags and the sales for the same time were 68 hags. f h'tober. —Tin* receipts for this month were 4,411 l ags and the sales were 2,665 hags. The opening of the month offerings, while not clrss ing up well, were freely sold at slight advances, the letter grades being held more firmly, while the commoner qualities were easier ana lower. The inquiry was mostly for medium fine to fine. The month closed with some demand for the I letter grades for foreign account. .Von mfier. The receipts during the month kept up heavily, reaching a total of 6,705 bags. The demand was quite tree, and the total sales reached 6,300 bags. The opening price for the month was 17(q l7*4c for medium tine to fine, the buying being for Northern mills. Toward the middle of I lie month the inquiry became more active, both for Northern nulls’and for eigu account, and medium fine was held firmly at 17*44t18c. but at the closing buyers held off and were limited, while sellers were quite firm. Dei emfcer—Opened with a good, steady de mand. though with some scarcity of the more desirable grades. The inquiry was nlsiut equally divided In-tween foreign and Northern ■nllls, which cAuscd a slight spurt iu prices, medium fine being held at lfiffr, l.S*4e. The sales were unite large, lieing 8,1119 lings for the month. Still the offerings were freely laken. and but little accumulating of stocks occurred. The total sales were 0,712 bags. The month closing with a slight reaction, and medium fine closed at 18c, January. The mints during the month were 5,611 bags, and tbe sales were 7.289 bags. The month opened at IHc. for medium fine. Holders were asking higher prices hut were not HUKtatued except for tile bftter qualities. The p suer grades were weaker, owing to a go*si ileal of the stock offering not beiug of bright preparation, but tiie staple, however, was ex cellent. Toward tbe closing of the month there was considerable increaso iu stain and storm cottons offering:, and a alight advance took place in medium tine, it closing ax lßJ^c. February.— This month opened with the mar ket very irregrlar. some grades selling higher, nroiFortionately, than others, but medium flue neld steadily at Later on in the month the offerings continuing of medium tine and off grades of short staple and stains, it ls*oame dull at for medium fine, but this price was maintained to the close. The receipts for the month were 2,125 bags. which were more than in the month's transactions, the total of which reached 2,595 bags. Mitrch.- The receipts during this month were 581 bugs, and the sales were 650 bags. The open ing continued dull at 18£4<g.l9c. Later on it be came quiet, steady and unchanged. Clean and unstained cottons were, in good request, but rather scarce, and the market relapsed into dullness again. The stock, however, was well in hand and firmly held. April. —The opening week of this month me dium fine was held at 18%<£U9c. the market gradually worked into better shape. There was quite an active demand, and holders were free s dlcrs at full figures for the prime grades. At the closing, however, it waa quiet at 18t{> \ for medium flue, the best qualities lieing difficult to obtain. The receipts miring the months were only Ml bags and the sales were 1,478 bags. Mjiy. The month opened with the market quiet and steady at 18Vi< . for medium tine. Th *r** was only a limited inquiry, but there ceipts fell off considerably, while the stock was very much reduced, so that holders had no diflft cultv in maintaining quotations. The receipts during the month were 41 hags and the sales wen* 079 bags. June , July and August. —Were comparatively dull mouths, and a more or less nominal feeling prevailed. The hills of the business was done in duly. Stocks were held at for medium fine, but toward the closing of tin* season fell off t*'\ The total sales for the three months were 212 bags, while the receipts were only 29 bags Choi* Prospects.—lt would be a difficult mat ter to give anything like an accurate opinion at such an early period of the year relative to the coming crop, as it has many things to con tend with before it is picked and ginned. The crop is somewhat later than usual. This, it is feared, may l>e tho means of encouraging the early appearance of caterpillar. As to stand and culti vation tin? prospects are considered only fair from the latest advices. There is considerable talk of a scarcity of the better qualities in the coming crop, owing to the poor eucouragement afforded planters by the past season's prices,and it is said not as much has Iwen planted as in previous seasons Simulation is rife as to the size of the coming crop. The general opinion expressed is that it will not he much over the average crop of 36.000 bags, if that. One thing is certain, there has been less acreage plauted. This is the case throughout tbe sea island cotton belt. South Carolina will not raise any more, if as much as last year; already private advices speak of the caterpillar playing navoe with the island cottons. Florida, it is said, will raise 3 to 5 per cent, less, and in Oeorgia it is thought will be fully 10 per cent, less, as a number of counties that were large producers did not plant as heavily, while others have abandoned the cultivation, owing to the low values of the two previous years. The season closed with very low prices, though with a very small stock in sight. STATEMENT OF THE RECEIPTS AND EXPORTS OF TIIE SEA ISLAND CROP FROM BEPI\ 1, 1886, TO AUG. 31, 1887. RECEIPTS. Georgias Islands, and Flas. Total crop. Bales. Bales. Bales. Charleston 6,110 1,232 Beaufort 2,425 Savannah 200 27,165 Fernandina 6,234 Jacksonville 1, < *0 8,735 36,401 15,136 EXPORTS. St Peters- England. Fr. burg. North. Charleston.... 5,124 630 10 2,996 Beaufort 924 1,539 Savannah 18,725 795 . . 8,419 Fernandina... 404 5.830 Jacksonville 1,770 25,177 1,425 10 20,554- 47,166 STOCK ON HAND SEPT. 1, 1886. Georgias and Islands. Floridas. Bales. Bales. Charleston 1,639 32 Beaufort 51 .... Savannah..... 190 959 1,880 991-2,871 STOCK ON HAND SEPT. 1, 1887. Charleston 241 12 Beaufort..... 13 Savannah 575 254 587—811 2,030 Total crop 47,166 COMPARATIVE STATEMENT OF EXPORTS FOR THE PAST FOUR YEARS. 1883-4. 1884-5. 1885-6. 1886-7. Bales. Balt's. Bales. Dales. Great Britain 12,168 18,422 14,748 25,177 l>ance and Russia.. 1,411 3,143 1,680 1.435 Northern mills 11,66! 17,358 19,973 20,554 COMPARATIVE STATEMENT OF THE CROP FOR THE PAST FOUR YEARS. 1883-4. 1884-5. 1885-6. 1886-7. Bales. Bales. Bales. Bales. So. Carolina crop... 8,415 12,863 7,010 8,735 Georgia and Florida crop 17,029 27,462 30,662 36,401 25,444 40,325 37,672 45,136 RECEIPTS OF COTTON AT THE PORTS OF SAVANNAH from sept. 1 1886 to AUG. 31, 1887, inclusive: Sea Upland Island Per Central railrfiad 611,738 Per S., F. &W. Ry. Cos 185,496 23.837 Per C. & S. Ry. Cos 3,764 Per Carts 1.204 1,073 Per Savaunab river Steamers.... 24,757 79 Per Brunswick & batilla Stenirs. 3,398 624 Per Florida Steamers 693 1,737 From Beaufort 17 8 From Darien and Altamaha 2 7 Total Receipts 781.069 27,365 Stock on hand Sept. 1, 1886 4,304 1,149 Grand Total 785,373 28,514 EXPORTS OF COTTON. FOREIGN AND COASTWISE. FROM TFIE PORT OF SAVANNAH FROM SEPT. 1, 1886, TO AUG. 31. 1887, INCLUSIVE. Coastwise. Upland. Island Charleston 29,170 Baltimore 50.941 6,2*9 New York 143,174 19,768 Boston 48.263 138 Philadelphia 18,280 Total coastwise 289.K28 26,195 i.oral mill consumption 2,010 ...... Reshipi>ed to interior 526 Destroyed by fire 162 292,556 26,195 Sea Upland. Island. Foreign. Liverpool 223,391 1,744 Havre 18,648 R?val 3L055 Bremen 87.605 Amsterdam 29,671 Cronstadt 7,925 Genoa 0,430 Barcelona 51,088 Palma de Majorca 110 Coruna 1,000 Antwerp 15,255 Salerno 1,208 Hamburg 2,400 Hango 1,223 Malaga 1,300 Norkoping 1,700 Total 485,999 1,744 Total coastwise 289.828 26,195 Loral mill consumption 2,040 Ueshipped to interior 526 Destroyed by lire 162 Grand total exports, etc 778,555 27,939 Stock on hand and on ship board Aug. 31, 1887 6,818 575 NAptL STORES. Receipts of naval stores at. this port for tlio past year were 2N per cent, heavier than the year before, aggregating upwards of 164.000 easks spirits turpentine and 699,000 barrels rosin, much Ihe largest we have ever had Savannah easily holds the first place in the trade, her receipts lieing nearly as much as all other Southern ports combined. Ami when we consider the vast extent of untouched pine t ini - ber in our State, ami the exhausted condition of other .States, we can surely count on keeping the lead us long as the industry lasts. In regard to prices, spirits turpentine has fiuctuateu less than is usually the case, 28c. Ink ing the lowest price of the year and 38c. the highest. Tbe year bofon* the lowest price was NBpfcc. and the highest 49V$o- Rosins have ruled dull and declining for the f; renter part of the year, and w bile the decline ias not been so unusual in the lower grade, the higher grades, or those made from virgin turpentine, are qnpre*edentedly low. We have never known “N" rosin down to $1 55 Inffore. A great deal of rosin is still unmarketed, and there seems to be no doubt but thut this article will continue to be depressed in price until the over-production has lieen used up. We uppeud usual table*, which have been made up with gi-\*t care from official and other sources, and which are reliable RECEIPTS or NAVAL STORES FROM SEPT. 1, 1886, TO AUO. 31, 1887. AS COMPARED WITH THE PRECED ING YEAR. MONTH BY MONTH. i Spirits, casks. 1 Rosin, barrels. Months. 1 | 1885-3. ISB6-7. 1885-8. j 1880-7. September.... 9,405: 14,103 39,983 51,011 October 7,07-7 11,881 37,943 ! 88,551 November 9,545 17,845 ) 40,899) 41.1,892 December .... 6.506! 10,42:1 tU.47Hj 81,423 January 2.065 2,951 40,324 71,143 February 1,780 1,020 22,112' 42,881 March ; 1.788 5,102! 12.202! 31.681 April | 9,771 13.006 23,669 £0,939 May 1 30.074 26,067 -15,008 50,109 June ....I 21,863 22,885 44,599 50,958 July ; 19,918 . 23.371 50,591 55,219 August I 16.767 • 19,931 57,840 65.268 Total j 127,785! 164,109 476,506 609.025 Reaching Savannah by the following routes: Spirits. Rosin. By 8., F. &W. R'y 119,807 443,143 “ C. R. R 26,396 97,667 “ C. & S. R. R 1.271 4,510 “ Savannah River 8,172 30,154 “ Coasters 8,563 33,351 Total 164,199 609,025 As usual, wo compare receipts at our poit with those at Wilmington and Charleston for the lour years ending to day: SPIRITS TURPENTINE IN CASKS. 1883-4 1884-5 1 ISBS-6 | ISB6-7 Savannah 1 123,404: 111.447! 127,785 164,199 Wilmington. . ( 74,713 61,9.10; 02,809! 70,661 Charleston.... 65,250 44,099 36,617 , 48,177 Total j 263,427 217,496 226,711 283,037 ROSIN IN BARRELS. ! j 1888-4 1884-5 1885-6: 1886 7 Savannah j 527,583 452,370 476,508 609,025 Wilmington I 398,189 326,488 316,698) 3.36,736 Charleston. | 262,706)218,9791,165',-4611 187,331 Total 11,188.478997,8747 960,‘>67 1.133.092 COMPARATIVE TABLE OF EXPORTS 1885-6 AND 1886-7 SPIRITS TURPENTINE IN CASKS. 1885-6.11886-7. Sept. 1 to j Foreign I 26,851 33.108 March 31.7 Domestic 1 26,191 33.165 April Ito j Foreign 34,193 40,647 Aug. 81.. |Domestic i 46,159 , 53,024 Total j 138,697 159,944 ROSIN IN BARRELS. 1885-6 JBB6-7 Sept. Ito I Foreign 124,747 1 70,647 March 31 i Domestic 119,925 158,334 April 1 to l Foreign 103,063 130.094 Aug. 31 ( Domestic 131.908 1 37,394 Total 482,643 596,472 STOCKS ON HAND AND ON SHIPBOARD. Spirits. Rosin. Sept. 1, 1885 15,354 50,775 Sept. 1, 1886 0,877 45,857 Sept. 1,1887 14.132 58,410 PRICE PER GALLON OF SPIRITS TURPENTINE EACH MONTH PROM SEPTEMBER, 1886, TO SEPTEMBER, 1887. * Months High- Low- Months High- ! Low est. est. | est. | est. Sept... 36 33 j March. 36 i34 0ct.... 35 34 j April.. 36-V i 83 N0v,... 34 33 May... ,35 I 301/7 Dec... 85 83 iJune. .. 32ta | 39 % Jan.... 38 ;July. .. 30k| j 28' Feb... X, 3<> August 30 j 29 PRICE PER BARREL OF 280 LRS. OF COMMON, MEDIUM AND PALE ROSINS FROM SEPT., 1886, TO SEPT., 1887. E I N Common. Medium. Pale. months. : : I : : -*-> • *3 I ‘ *3 g 8 * 8 tc | be £ be f w : 3 , is | j is i 3 |September.. $ 1 10 )5 1 02U $ 1 45 $l4O if 2 80 $2 75 October 1 00 1 02'. 1 40 1 30 2 80 2 55 (November. 1 ! December. . 1 00 95 1 25 1 safal 2 70 2 55 January 1 00 90 1 80 i 1 25 ! 2 65 , 2 55 February 95 95 ! 120 115 j 2 55 ' 240 March ! 1 02J4 95 I 1 35 ! 1 15 ! 2 60 ! 2 25 April j 1 15 1 00 ) 1 40 | 1 35 2 30 L 2 12J4 May ) 1 1 10 1 50 | 1 35 2 15 I 2 00 June ! 1 15 1 05 1 45 1 32V4: 2 12J4 180 July ! 1 05 93 ) 1 30 j 1 1214! 1 85 j 1 55 August ! 95 95 i 1 15 i 1 1214) 1 65 j 1 56 KICK. The past season for rice was quite a success ful one; that is, so far as a good crop was con cerned. Although the crop was not large as compared with other years, still, in quality it was one of the finest raised in many years. The reason of the falling off in the aggregate amount produced w r as the smaller acreage planted. Last season’s experience fuljy exem plified the uncertainty of rice growing in the South Atlantic States. The terrible storms and rains of the season of 1885-86 caused heavy losses, and a short crop, in which planters were very heavy losers, compelling some of them to abandon rice culture, whereas during last season no better harvesting year was known in the past thirty years, and all who planted were successful* and, to some extent, made money. The July faeshet was, of course, a sad experience to a great many and resulted in a loss in receipts of fully 200,000 bushels to this market. The price of rice Jast season was com paratively low, notwithstanding the superior quality or the grain. The reason of this was obvious. The season opened with a very heavy stock, fully 80,000 barrels, which had been car ried over from the previous season at New Orleans, and the immense crop of Louisiana coming in so much earlier than the crop here resulted in a gradual weakness in prices. Sep tember opened with good rice at 4@4^c. but by the close of the month had declined t4c In October values .steadily fell off, opening at 4@4;4c. lor good, it closed at 36*@4c. November opened at 3st)@4c. for good, closing at a clear reduction of )4c. During December and January prices were fairly well maintained and held steadily at B*4 <3i344e. for good. In February they partially recovered, hut only to again fall off, and March was ushered in at the old figures of for good, whicn remained to its close. April opened at a fraction off, closing at 34„ for good. In May prices stiffened up somewhat, owing to the Louisiana crop being pretty well marketed and stocks scarcer, the month closing at 4,Uc. fer good. June opes; at Wa, and toward the latter part of the month advanced !4e., hut it closed at the opening price. July opened at l-Vp;. for good, hut closed at 4%(i&454c. August opened at for good, but prices rallied early on the reports of the disastrous results of the rains ana freshets, and the month closed at :T|C. full for good. The Louisiana article has re ceived a decided impetus, owing to the demand from the Pacific coast, and as the most of that rice was of an inferior grade it was in more de mand owing to its cheapness. The trade of this port was not interfered with to any extent in the Western markets. There is a growing de mand for the rice of this section, owing to its superior quality. Its cheapness last season made it a good substitute for other food prod uct* which were more expensive. The receipts at this port were fully 150,000 bushels more re ceived than in the previous year, although the production was not au average one. This was owing to the decreased acreage. The prospects for the coming season are very encouraging that Is, so far os values go as tile season opens with no surplus stock anywhere, the total yield having gone entirely into consumption. The crop in lO' ilsfana it is believed, will not lie less than 15 per cent, short of last year’s, while the crop will lie very much smaller in this section, owing to the destructive Hoods in the Savannah river in August. The first shipment of the new crop has already been received and milled, but it does not compare with the rice of last year, cither in grain or quality. Still, there is no ap parent reason for lower prices. COMPARATIVE STATEMENT Of Receipt* a ltd shipments nf Rice nt Sa vannah for the Year Rndiiiq Sept. 1, 1887. Received during the year in rough 685,786 582,528 SHIPMENTS IN lURItEIS Philadelphia 5,512 4,350 Boston 8,452 1,818 New York 9,2*3. 6,(184 Baltimore !j 9.854 8,154 Interior ; 20,943 14,021 Total shipments 48,089 34,975 Stock, rough, on band, in j bushels 8,280 Stock on band, clean. In bar i rels I 921 1.366 Last year's crop of rough for the States of North Carolina. South Carolina and Georgia and Louisiaac in bushels, is as follows: Rough Rice. Bushels. Receipts at North Carolina mills 350,000 Receipts at Georgetown county mills... 287,432 Receipts at Charleston mills 886.172 Receipts at Savannah mills 685,786 Total Georgia and Carolina crop 2.209,890 Receipts at New Orleans 3,018,513 Total crop 5,227,903 The following is a oompararive statement of the crops of clean in barrels of the Carolinas, Georgia and Louisiana for the past year: Barrels. ‘Pounded iu North Carolina mills 30.000 ‘Pounded iu Georgetown mills 27,858 ‘Pounded in Charleston mills 80.063 ‘Pounded in Savannah 48,544 Total coast crop. 186,560 tPounded at New Orleans 407,913 Total crop cleau 594,473 ‘307 pounds net barrel. t 230 pounds net barrel. freights. The total amount of tonnage at this port the past year was a little larger than that of the previous season. The change in the gunge of the railroads resulted in transporting much of the lumber to West ern cities by rail, which previously had reached a market by way of the sea. There was not therefore the demand for coastwise sailing vessels that there bad been in previous years. There was, however, no falling off in steam tonnage. In point of fact, more steam ers loaded at this port the past season than ever before for direct ports in Europe. Of course there were periods of depression and some scarcity of tonnage in the early fall. There was not much moved in charter contracts for foreign steam vessels as the rates were very low. The coastwise steamers all did well and carried heavy freights throughout the year. When the cotton freights fell ott there were plenty of lumber, naval stores and miscellaneous merchandise freights, and the vessels were generally filed to their full capacity, in some instances carrying heavy deck loads. The outlook for the coming season is very fair. A great deal of cotton is expected here this season and it is anticipated that car riers will receive better rates for freights. Already a number of charters have been made of English steamers for this and next month. The rates are not known but the majority are at a lump sum per ton. The following is the num ber of foreign steamers, tonnage and bales of cotton carried from this port from September, 1886, to Aug. 31, 1887, ana for the past several years- No. Bales Years. Steamers. Tonnage. Cotton. 1880- 43 4-1,488 208,203 1881- 32 36,203 157,847 1882- 42 52,222 237,339 1883- 45 54,641 238,269 1884- 85 73,536 303,098 1885- 63 71,686 310,383 1886- 79 95,747 407,110 Sailing Vessels— There was a slight scarcity of vessels for foreign exporters, particularly dur ing the past summer, out this was not unusual. Rates on naval stores and lumber were all gen erally low. Freights by coastwise sailing ves sels were confined principally to lumber. The business of the year opened at figures above those of the preceding two years, the advance being equal to fully 25 per cent., aud this ad vance was steadily maintained. The supply of tonnage was generally fairly up to shippers' re quirements, and there were no marked changes in the course of the trade during the year. The present outlook indicates no change from this state of things. The following is the total number of vessels arrived at this port during the year, with their rigs, nationality and net tonnage. The number does not include arrivals at Tybee, but only the vessels which have actually arrived at the wharves, aud have discharged and loaded. It does not include river or island coast steamers, nor does it include vessels under 100 tons. Steam ships. Ships. Barks.Brigs.Sch.T't'l. American 339 . 14 19 224 596 British 77 2 19 2 100 German 1 19 .. .. 20 Spanish 1 4 1 .. .. 6 Norwegian .. 92 1 .. 93 Swedish .. 8 .. .. 8 Russsian .. 9 .. 9 Italian .. 14 1 .. 15 Austrian .. 4 .. .. 4 Belgian .. 1 .. .. 1 Mexican 1 1 Total 418 2 184 22 227 853 The tonnage is as follows: Steam. Sail. Total. American 604,079 105,618 709,697 British 92,439 12.819 105,258 German 1,478 10,196 11,674 Spanish 1,880 2,171 4,001 Norwegian 44.990 44,990 Swedish 4,581 4,581 Russian 4,197 4.197 Italian 8.87 7 8,877 Austrian 2,887 2,837 Belgian 498 418 Mexican. 127 127 699,823 196,961 896,787 tonnage at port of savannah from sept. 1, 1886, to aug. 81, 1887. • No. Tons. Foreign vessels entered 264 175,091 Foreign vessels cleared 273 200,913 American vessels entered 6 1,881 American vessels cleared 1 56 Total 544 377,951 Vessels entered coastwise 402 516,061' Vessels cleared coastwise 385 487,306 Total 787 1,003,433 FERTILIZERS. The past season's business in fertilizers was quite satisfactory and shows a gratifying in crease. The sales in Georgia aggregated 106,078 tons, against 160,705 tons tua previous year- Thu prices were lower, declining about $2 25 per ton for ammoniated goods. The manufacturing of fertilizers is on the increase, and factories are going up all over the South. The increased pro duction in the South and the cheap prices have about driven Northern competition out. Port Royal turned out 30,000 tons last year, which was almost wholly controlled by Savannah capital. Our manufacturers are increasing their facilities as well as adding to their capital. The past, season's collections were very good, and but few losses were made. The inspections made by the State Agricultural Department of ammoniated phosphates shows the average well up in comnariaon ith previous seasons. In uon-ammoniated goods they not only held up well in their averages, but showed a higher average per cent, than ever before. There was some apprehension in the early part of tlie season in regard to the Brady bill, but it is now believed by the trade that it will fail to pass. If it should pass it will have a very disastrous effect on the nianu factoring of fertilizers. The following state ment shows the shipments, in round numbers of tons, the past season, by (savannah jobbers. It, includes the through shipments from other points, as wellasof Northern shipments, in addi tion to that shipped by Savannah jobbers from this port, of which Savannah has handled the greatest portion: EXPORTS OP GUANO FROM SEPT. 1, 1886, TO Al’Q. 31, 1887, INCLUSIVE. Tons. Per Central Railroad and branches 53,645 Per Savannah, Florida and Western Rail way Company 20,000 Per Charleston and Savannah Railway Company 550 Per Augusta and Port Royal, from Port Royal 26.150 Per Savannah river steamers 1,460 Per Florida and Satilla steamers 900 Per coasters 121 Total 102,826 LUMBER. During the past twelve months the lumber trade has been quite prosperous. The demand has increased since transportation by rail is to lie had wiihout the cost of handling after ome being put aboard the cars at the mills, and it is estimated that between 90,000,00(1 and 100.000.- 00 1 feet of lumber have been sold bv Savannah dealers during the year, and probably a little over half of this was shipped by water. There were several features about the lum ber trade which assisted in mak ing the year's business a prosperous and a profitable one. The principal causes are that the railroads centreing here have granted rates which permitted the lumber to come to this port from the mills, hist >ad of. ns hereto fore, being carried to Brunswick. Iu conse quence ot this concession the exportations coastwise were larger last year than for several years previous. At the beginning of the sea son several of the mills had order* to last for months ahead, and the demand increasing kept them running on full time throughout tile year. Toward the closing of the year the interstate commerce law. aud a scarcity of cars later on, somewhat retarded shipping. The busi ness has Iwen somewhat rut up by the dose competition lietween the larger and smaller mills, hut the I irge dealer* have bad die 1 best of the business, and have made projMir tlonately more money owing to their better machinery mid greater cutting capacity. The trade ha , experienced but little dlfileuitv in get ting carrying tonnage. At pretty much ell times there was ample room, both by steam ami sail offering, and tuere is hardly any proepeet of there being any scarcity of vessel* Huh ■ i son, although ratal have been low. out tier.- is little If any other freights offering for coastwise l sailing vessel* *ll rntwirls agree Ihsl tile tu- This Year. Bushels. Last Year. Bushels. ber-producing territory of the State is gradually becoming exhausted, and par ties owning large tracts of timber have a very valuable investment. Values during the year were higher. There were some few losses during the year, but comparing them with other lines of business, the percentage was veiy small indeed. Taking it all in all, the year's business was a very satisfactory one, and quite in contrast with that of a couple of years ago. The prospect for this season is certainly very encouraging, and a greater demand and better prices are looked forward to. Below we give the shipments of lumber, also of staves and shingles, for the year, both coastwise and for eign, in superficial feet, as follows: Lumber. Coastwise 54,517,828 Foreign 10.050.948 Total ...64,568,766 Staves. Foreign, number 131,693 Coastwise, number 13,194 Total • 144,891 Shingles. Coastwise, number 1,075,035 ) General Statement, by Articles and Countries, of Commodities, the drouth, Produce and Manufacture of the United States. Exported to Foreign Countries from the Customs District of Savannah, from Sept. 1, 1886, to Aug. 31, 1887, Sea island Cotton. [ Upland Cotton. i| Rosin. ISpumts of Tur- Lumber. Timber, Hewn Timber, Sawn. !' Cotton Seed. ! Total. rKNiINK. jj ARTICLBd. Countries to which Exported. j j j j i j — " ' j • j i| j |j | Bales. Pounds. Value. ; Bales. Pounds. Value. f| Value, i Gallons, j Value. ! M. feet. Value.) Value. M. feet Value. Pounds. Value I Value. , Value. il ! ; feet | j! j )i Great Britain 1,683 637,756 $125,8321 j 223,391 159,720,105 $ 9,920,095' 106,927 $236,441 ) 2,514,683 $ 816,566! 1,068 $ 15,165 626 $ 7,550 2,851 j$ 22,816!! 9 143.178 $ 17.985 $ 9,630- $11.172 079 France 18,048 8.743,571 829,293! 8,5961 6,200' 14 168; 185,324 1,853! 641 6381 1 , 730 ! 888,9421 Russia | 54,478 18,979,463 2,455,138 80,263) 97,3131 2,660 1,081 ! j I j ! 3,625 " 2.567.456 Germany I* 90,005 42,528,793 3,902.296; 105.780 128,067852,769 115.394 47 797 31,258 4,410 382) 5,723!! | !! 4,152,987 Spain 53,498 25,441.096 2,858.841' 6.190) 16,806!) 7,716 2.475 4,317 60,992; 32,107 3,670 1,120, 2,144,910! I Netherlands i ! 29,671 14,127.608 1,310,810; 57,257! 68,212!! 172,088 59,969 I | i 709 ) 1,445,700! Belgium ] 15,255 7,237,739 657,902! 21,184: 26,180 ;l 696,859 224,2!5 ; I j j i 1 540! 908.837) Italy : ' I ! 7,028 3,596.301 325,943! 16,539) 21,589:' 1 |l [I ) J i 2,000 I 349.53!' Sweden : ! 1 ' 1,700 795,271 71,015) I) 243; 82K|| I! I I 350 ' 72,290; ’Argentine Republic i I I 9,656: 21.753! 10,000 3,400 1,331 19,384 1 I I. . .. ! 44,537, Portugal ! ! 9,773 13,075, 1 1,181; 15,108” ! 93, 1.250, 20,431 Uruguay I 1 ..! !| j |! 3,009 5,247' ! 528 : 8,078) ! ! | 160 13,485 Brazil ! j! i 2.4991 3.100' 002 9.800; S !' I 12.900 Austria j [ j j | ij 25,872) 83,756. | 10,209 3,203’ j ; i ; j| I )l 2,000 38,959 i Totals ! 1,083 037,750 $125,882 ) 494.274 281.109,942 $ 21,838.235 453,545 *072.799 | 3,767.581 $ 1,226,292:: 9,591'5129,817| 249,315 $ 17,489 2,890 $ 30.427 2.143,178 § 17,995) j$ 20.804' '521,082,049 imports from foreign countries to the cus jS£ T^M°^ V * N!Un FR ° M Articles. ) Value. Fertilizers, tons IM9O '~5155J7 Musidal Instruments. ... Wines and Liquors, gallons 5,252 5 017 Carnets, square yards 5,291 3 794 Coal, tons L6lB 3iso4 Toys 408 Salt, pounds 1 17,571,547 16,379 Fruits and Nuts 1330 Molasses, gallons 90,743 4’, 180 Empty Barrels [ j 535 Cement, barrels 2 949 2 945 Cotton Ties ’ j -'i’9?2 Miscellaneous Articles.... ))))))! *2’525 Tf>tal $997.105 GROCERIES. There has been a tremendous increase in the volume of the wholesale grocery trade, reaching fully 25 per cent. This market continues to grow in favor with interior and Florida mer chants, as it is now one of the cheapest mar kets for the staple articles of food supplies in the country, as well as one of the most conven ient The territory tributary to this market is increasing yearly. Its business is thoroughly drammed, and the facilities and advantages of trading at this point has been well introduced. Shipments in nearly every direction show a largs increase, and the rapid and permanent growth of the grocery business is very noticeable. There has been an inn-ease in the number of jobbing houses by the addition of two new firms to the trade. Another feature is that the number of commercial travelers rep resenting this city has been considerably in creased within the last year All are kept con stantly on the road. The result of such thorough canvassing is that, there are not neursomany spot buyers visiting the market as formerly. The hub: of the business is now done on orders by mail and travelers’ solicitations. All this has been caused by the cloSj competition of other cities. Jolibershsve lost considerable business which they formerly had from the naval stores trade. This has been brought about by the naval stores factors carrying their own stocks ot groceries and supplying their shippers and stores in the naval stores territory direct with goods. During last year this practice has seemingly come to stay. The jobbers, of course, feel that the naval stores men nave cut Into their business a little, but what they have lonl in this way has . ecu more than made up bv the enor mous increase in their business, both in the sale of goods and the addition of more territory. The trade has experienced some peculiar phases In tb- demands and sales of goods. The sales of coffee have fallen off fully 30 to 40 per cent. The reason of this is the vei-y high price* at which coffee has touched. The advance within a year was over bio per cent. Tea has taken the place of it for the time, and the sales of il have been very Huge and are still increasing. Tta - flour trade continues very large, and is increasing so imuM thal this point tt now- considered headquarters lor Hour for the Mouth Atlantic States. Prices of Hour bav ruled very low. Thu trade in canned goods it enormous, and such good* are in greater roqties 1 than ever before, particularly in Florida, when they seemingly have Invoice at absolute household necfssltv Privet wci-a very much cheaper doling tbt Continued mi fourth Paot.