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THE ATLANTA GEORGIAN AND NEWS. SATURDAY, MAY 11, 1907. 15 GREATEST STATE IN THE SOUTH; ENGLISHMAN’S OPINION OF GEORGIA Mr. Coley Goodman, of London and Cardiff, England, In an article In Geor gia, a monthly Joumel published by the Georgia Bureau of Industry and Immi gration, has this to say of Georgia: The agricultural situation in the British Isles at present Is very bad, and In Ace of the returns for 1904, just published. It Is very hard to see Just how British agriculture can be restored to Its pristine greatness. Many of these English farmers—suc cessful even In tho face of most ad verse conditions, are ripe for a change, and If the proposition Is clearly and In telligently explained to them, I believe that they can be Induced to locate on the thousands of untouched acres of Georgia. I have seen the conditions and weighed the prospects for the right kind of people very carefully, and I be lieve that my fellow countrymen In Georgia, with the same amount of work and energy, can In a few years become comparatively wealthy men. The situation and climate of Georgia are Ideal. It in the largest state east of the Mississippi river and of the nine climate belts In the United States eight are represented within Its borders. The state extends through nearly four and a half degrees of latitude, and with Its diversity of soils and varying altitudes produces a greater variety of crops than any other state of the Union. Nearly everything that ran be grown In the temperate zone cap be found on the farms and In the gardens of the different . sections of tho state. The orange, lemon and lime, together with the banana, grow on the sea coast and sea Islands, and wheat and the hardy apple come to perfection among the hills of the Piedmont section In the northern part of the state. It Is my opinion that Georgia Is the best state In the Southeast and that Its peoplo are the most progressive In the South. There are thirty-one towns and cities with a population In excess of 2,900. arjd near each one there are ex ceptional opportunities for experienced market gardeners, dairymen, etc. and the beauty of the situation Is that you do not have to depend on some distant market to profitably dispose of what you produce. You can get the very top i ..irk* t price f.,r all that you can pro- duce.rlght at your own door. One other thing: In pny section of Georgia you THE WEEK REVIEWED , By JOSEPH B. LIVELY. .s T J' er , 0 w “ an lncrea *« *" speculative activity In cotton this week ,, B the entire week the tone has been strong. Factors have neen decidedly In favor of better prices both for the remnant of the old and for next season's crop, which. In many Instances, must be planted .nfi.*^ coni1 y mc ' Blv,nB 11 a ,ta rt so late as to moke It next to Impos sible to produce a yield of sufficient proportions to meet the world's requirements. For this reason alone the remainder of the present crop can and will be made to bring better prices than for which It la now selling. But there are other reasons for much higher values, chief of which Is the unprecedented demand for cotton goods—a demand the mills have been unable to satisfy at constantly advancing prices, with all the mills working full time and contracts extending into next year, at prices making healthy dividends a certainty. The strong spot situation has been the stimulating fac- tor tn the old crop positions for the past week while the unfavorable weather In the South has been the Influence making for de- clded strength and sharply better prices for the new crop positions up to Thursday, when Indications pointed to Improvement In the weather. The new crops as a result closed unchanged to 4 points lower. The mar ket was more active on Thursday than any day during the week, and the public Is apparently making small ventures. In New York the highest point was reached on Thursday, May 9. The low point was on Saturday, May 4. The closing prices on Friday, May 10, show gains as compared with Friday, May 3. of 24 to 54 points. In New Orleans the highest for May and July was recorded Tues day, May 6; on October, December and January, on Thursday, May 9. The closing prices In New Orleans on Friday, May 10, as compared with Friday, May 3. show gains of 19 to 30 points. The following tables give the range of prices for the week In the New York and New Orleans markets: NEW ORLEAN8. May July October .. December January ,, .K i* is NEWYOhk. .. „ Jav , 96-16) 10.67-58 if October 10.91-92(10.56-57 December ,K-ti] 10.68-60 Jnnnsry . S i a a75l i 0.15 !| u 0.66-0111 Is It 10.70-711 _ B n io.ons is.3m ■ ■■■10.37.34 )I0.M-K can produce a market garden crap every month In the year. The climate Is such that you cun work outdoors 305 days In each year—barring the rainy days, of which there are a few, about sufficient to produce the crops of this section of the country. Regarding the possibilities for the profitable Investment of English capi tal. The field Is here and practically untouched In comparison to the vast possibilities. It Is a well-known fact that Georgia Is the second cotton pro ducing state In the Union, therefore, for size and acreage, tho most productive spot tn the world. It Is also well known that the best spinners nnd weavers arc English. • Considering these facts In connection with each other, would It not be a profitable venture for some progressive English cotton merchant and spinner to come to Georgia and engage In tho milling business? Georgia, In 1906, produced In round numbers about one and a halt million bales of cotton; only about half a mil lion bales arc consumed by mills In Georgia, and this Is turned Into tho lowest and cheapest grades of cloth, principally for export to China and Ja pan. Within sixty hours of Atlanta, where I am writing this article, lie Cuba and the other West India Islands, with a population of perhaps one-tenth that of the Chinese Empire, but whose people consume more cotton goods of the highest grades and finest weaves than all of the four hundred million people of China. It strikes me very forcibly that many an English spinner would come Into Georgia and the South, purchase lands, raise his own raw materia] and weave and ship his product, thus saving the first cost In freight and Insurance on his raw material. If ho was familiar with the conditions. I believe, too, that numbers'of the most Influential South ern business men could be Interested in a proposition of this character. I have not touched an tho mineral and quarry wealth of Georgia. It Is so vast that It has to be seen to be fully appreciated. Within a few miles of Atlanta Is tho Georgia marble belt, some seventy statute miles long by about sixty broad, and the marble Is said by experts to be tho finest textured stone In the world. It does not possess the element of disintegration so notice able In the Italian varieties, and acids or stains of any character can be read ily wiped off Its surface with cold water and a sponge. The colors em brace the spectrum and when polished and-set up make a magnificent decora tion. Within sight of my window Stone Mountain, a solid granite rock, some nine hundred feet high; with a cir cumference of seven miles, raises its head. There Is granite enough here to pave the streets of every city In Amer ica and leave a largo surplus for use In England and for building purposes for years to come. The Iron deposits of Georgia Include hematite, llmonltc and magnetite of such extent that the mining industry presents another promising field; while I have seen deposits of copper, asbestos and mica well worth exploiting. u. S. IS HOLDING ITS OWN IN WORLD’S COMMERCE Judged by the grand total, the United States Is holding its own In the world's commerce, but foreign countries still hold a monopoly of trade In sevct/il quarters where American exports might be expected to be first In demand. The lately completed compilation of trade statistics for 1909 shown that the Unit ed States Is still woefully behind the European countries In exports of do mestic products to South America, al though there has been some Improve ment there In the last two or three years. So far as the trade of this hemis phere is concerned, tho United States supplies more than one-half of the merchandise Imported by only six countries or dependencies. Canada draws from this country 59.59 per cent of her total Imports; Mexico Imports 65.99 per cent of her total from the United States; Hndurae. 73.70 per cent; Nicaragua, 52.09 per cent; Costa Rica, 61.65 per cent, nnd Santo Domingo, 71.65 per cent The percentages for the other countries In North and South America nnd the West Indies are low er. For Instance, Cuba, although ow ing a moral and physical debt to the United States, draws but 45.34 per cent of her total Imports from this country; a large part of the balance comes from England. The percentage of their to tal Imports which the other countries draw from the United States are: Sal vador. 31.13: Haiti, tf.66; Colombia. 34.15; Venezuela, 30.22; Ecuador, 21.36; Peru. 17.98; Argentina, 14.10: Brasil. 10.33; Chile, 9.93; Uruguay, 9.67, end Bolivia. 3.45. Uneasiness over the future of Amer ican trade with the Client Is not Jus tified by the latest figures presented by the department of commerce and labor. It is to be noted that Japan, for in stance, buys as large a percentage of her total Imports In the United States as Great Britain buys In this country. Chicago buys a larger percentage of goods hero than does Germany, Italy, tho Netherlands, Russia, France, or any other of the countries of Europe, yet there Is no particular worry over the future of our trade with Europe. In fact. It may be as truly said that no country, except some of those In tne three Americas, buys a larger percent age of Its Imports In the United States than does China—with the two excep tions of England and Japan. Here are the percentages of total Im ports In certain principal- countries drawn from the United States: Unit ed Kingdom. 20.46; Japan. 21.35; Chi na, 16.63: Denmark, 16.03; Germany, 13.31: Italy, 13.48; Australia, 11.70; New Zealand, 11.21; Spain. 1X81; France 10.701 1, —~■« 3.66; Austria, 9.49, and the Netherlands, 9.38. How has the United States held Its own In the rapid Increase In export trade which has taken place throughout the world—say, ilnce 18917 The de partment of commerce has given some figures showing the rate of Increase In exports of the principal countries of the world since that year. From this statement It appears that American exports have Increased much more rpldly than any other except Japanese, the rate of growth for this country being 96.95 per cent; for the United Kingdom 3J.40 per cent; for Germany, 80.60 per rent; for France, 36.34 per cent; for Russia, 36.05 per cent; for the Nether lands, 74.91 per cent; for Belgium, 53.33 per cent; for Chino, 40.63 per rent, and for Japan, 159.09 per cent How this country nas maintained Its position In the markets of Individual foreign countries Is strikingly shown In the following table. The first column gives the percentage of growth of Im ports for each country since 1891, and the second column gives the percentage of growth of Imports which those coun. tries have drawn frm the United States: Gain ■ Gain In In all -Imports Imports.frnm U. 8. United Kingdom.. .. 10.43 16.8 Germany 71.75 131.0 France 23 '.012 Russia 65.30 190.0 . Netherlands 92.08 117.0 Belgium 63.58 2.4 China 110.66 671.0 Japan 107.69 1011.0 •Losa. PEACH TREES ARE DYING; SITUATION IS SERIOUS New York Parker. •There Is plenty of money In Ocorgla peaches If we can market three food crops out of five," remarked n well-known tJeor- gfa peach grower, apropos of the receut April freeae which partially devastated .the crop of 1907, says The Augusta Cbroplcle. The remark naturally led to ike I0QUI17 os to what Georgta fias done In this re spect. A study of the pencil crop for the past ten years oufht to show nomethlmr en couraging or the referee alone this line. The record for the past twelve years ifiow* three crop fallnrea, four fair crops and life Rood crops, which ought, according to the foregoing statement, pat the peach business In Georgia ou n fairly good money m flere f are**lie details of that record: 1865—Good crop frtwu small number of trees as compared with present orchards. Georgia shipped about 9JO ‘writ u5£-Cotuplete failure; only 2W cars ship- ^1387—Complete failure; shipments very HHOmd crop; Georgia shipped about X- ^SW-Knllre crop destroyed. ECO-Good crop; state shipped 2.W cars, nor-Fair crop; some itamaso from wet weather; shout XOOO esrs thlpped._ Ed-Good crop: l.» care shipped. 8£EUVThi3£ oWsut.; ^SbSlr ctop;.AHi cars shipp'd- , Sesshu* js&'h Sd «£ irefaly vt-tjd tiS? as- _G'Addltfoual*reporta which "hit it- rrlred from teuor u d>~^i t»lnUregard Tn one or two Instances, to entire destruction In many cases. WINTER WHEAT CROP MOST RUN BAD WAT Favorable Weather Would, However, Result in Much Improvement. A special from Chicago, to Tho Wall 81 net Knmmary, says: "(towrall/ good traffic conditions were reported byoffi rials of Western roods last week. There la plenty of tiaalneaa to aaaaro heavy earn Inga for months to come, amt from a rail road mau'a viewpoint there la a strain of optimism concerning the crap outlook. They admit damage, lint poiut tn the oannl crop dnninge exaggeration! at thla season of the f ear, officials receive their encouragement rum the healthy ntatr of general linniniao which la balding np amusingly. Thn bark- wardnoas of the weather In crap district! hat delayed the pragma of farm work, but It It not unlikely that there have been other years when spring lingered In the tap at winter for no esaapentUgty long a time. “looking at ike crop sltoallnn through eyes other than those of the railroad peo ple there Is no denying that the winter w I tent crop, as far aa the report! from the field obnenrera are to he eoatddcrod. uuat lie la a bad way. mill miracles are Anyway, the advent of growing weather would tend to dotoramp .tho real attna- tion and nettle the oarortalaty which now prevails la grain npecalnUve rtrrtra •'business men say three wlU be no sen national falling off. In the present volume of haul neon even with a crop failure, which H thought tm.sil.le owing to the 'diver- ever? that one crop of wTotw wi.?-at tost <g3ggvgggr modify market* do not Indicate any hrt-o© and the volume la large, with a cuundent feeling na to valoca of both raw and IlnlaheU niaterlnlii. Them la In pome quar* tera n feeling ttinr there must be liquid**' tlon In labor and raw and manufactured article*, the name a* there baa been In aecurltlea. but there are not many who •hare In thla view, especially the labor interest*. "Active buying and specification continue the feature of the iron nnd at cel trade. !*redlrtiona of Increased business and high er prices arc beard on one band and the reverse on the other. Local mills are sold up on steel plates for the balance of the year. Jobbers have advanced prices on steel sheets $2 to |5 per ton owing to Mow deliveries by the mills, and an advance In plates Is expected. Ilpe and boiler Iron Is meeting heavy demand* and 11000 tons of cast steel pipe were sold. The local conditions are very similar to those la tho Knit. Haying has been moderately active recently, bnt.lt has been principally for Immediate and near future delivery. Re quirement* for the second half are’ bring allowed to drift. There Is ranch Inquiry ns to Iron conditions, hat It does not bring a proportionate volume of new buslnesa to the order books. The market Is In n strong position, however, on account of the fact that furnaces north and sooth are far la arrears on deliveries. “Hales of dry goods are large and are ahead of last year and jobbers says they are getting more orders than at this time a year ago. The unfavorable crop condi tions in the Soothweat, they say, have not aa vet affected purchases of goods for fall delivery. In cotton goods It looks aa If pome of the large manufacturers were be ginning to catch up with their orders, as — are accepting them for fall delivery* they 1 which A New “Candle-Power.” The bureau of statistics has now adopt ed a much more accurate standard candle- power contrivance, writes John K. Watkins, In The Ladies’ Home Journal. It Is a set of electric lamp* very carefully made and very accurately compared with tho standard lamps of other raentrisa. Th# average light of thla group la luken ns th# standard.