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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.