The New York herald., 1876-10-05
BUSINESS REVIVAL IN GEORGIA.
FRIGHTENING UP IN LyERY DEPARTMENT or
TRADE AND MANUFAcTUIE-DIREcr TRADE
WITH ESGLAND-AS EARLY COTTON CROP.

A FRIGHTENING Up IN LyERY DEPARTMENT or
TRADE ASD SfASUFAcTUEE-DIREoT TRADE
WITH ESGLAND-AS EARLY COTTON CROP.
ATLANTA Oct. !, ls.a
Interviews with the President OF the Board OF Trade
and prominent merchants in this city disclose
usual activity in commercial circles and strong hope
for successful ahead There is fear cx-
pressed IN some quarters that the season Will be
sharp but short one the cotton having opened at
eas, two weeks earlier this year than before in ten
years, and the merchants reapng the harvest
OF trade that they do not usually expect before
October 20 or November l. Some merchants
believe that the activity observable is simply
nisplacemcni the buying having been advanced
fortnight through the forwardncss OF the main money
crop II is true that with less acreage planted At
ania has received over twice much cotton as shc
had received at this date last year; and the is
true OF all Georgia cities There Is no doubt. how
ever that the volume of trade will be very much in
creased this year four years. Two years
ago the Legislature repealed the Lien laws, and thus
LETT the Georgia farmers without any basis for credit
The lien and crop mortgage business at once col
apsed. the farmers offered goods only for cash,
and as consequence economical severely and planted
provision crops Herce this year we have them, with
out any mortgage on their crops, out OF debt with
barns and granarics fun
that Georgia has raised this year or The first time IN
twenty years. suilciency oil corn for all her popra-
ton The same Is true OF oats and nearly true OF
wheat and the grasses AS consequence OF this
OF produce merchants, whose business for the
past few years has gone into the hundred thousands,
have laid in heavy lines Of groceries and virtually
abandoned the produce business.
GEoRGIA's COUNTRY MERCHANTS GOING EAST
For the past three large proportion OF country
merchants In this and adjoining States purchased their
stocks OF goods In home markets, not feeling justified
in laying such largo stock AS would warrant their
mn "A IL fp
the majority OF these small dealers seeking tho
first markets and buving much more heavily. II Is
estimated that more than double as many Georgia mer-
chants will register New York this year over the
number registered for any year since 1872
DIRECT TRApg WITH EUROPE
There is somesdiscussion in commercial circles over
the proposed Inauguration OF direct trade between
Savannah and Liverpool. Governor Smith, OF this
State, has received authorized proposal from
English company TO put on line OF steamers between
these two ports at once, provided the State viii pay
the company OF bonus OF $50, 600 yea- for three
years The proposal also gives guarantee that 900
respectable Irish German immigrants shall be landed
at Savannah each mouth ana that tho steamers shall
regular trips Tor years. The Governor Is
warmly favor OF accepting the proposition and will
give his persona, and official weight toward Inducing
the Legislature TO make the necessary appropriation
REVIVAL IN MANUFACTURING.
Five months ago the rolling mill in this city tem-
ploying 400 hands,, The Rome Rolling Mills 1900 hands,
and Mobiles Iron Works in Rome 600 hands,, were
idle. All now running night day, with orders
ahead There are five now cotton factories being built
In Georgia, one in Atlanta TO cover 10000 spndles
There is not an idle cotton factory in Georgia, and
that failed to pay per cent dividend for the
last year The four largest factories State paid
average OF fourteen per cent.
There is decided activity among the smaller indus
tries and factories being erected for the making OF
hundreds OF articles, such paper boxes, wooden
ware agricultural implements, matches, &c, for which
tho people have always relied on the moro energetic
Yankee
In short, the Empire State Of the South awakening
the better and brighter order Of things. and sends
to the Empire State OF tho North greeting and congru