The morning news., 1889-04-25
BUSINESS IN THE SOUTH.
The Present the Brightest Period in Its
History.

me present the Brightest PERIOD in Its
History.
BALTIMORE, April 24.-The Manufoc-
turers' Record in this weeks issue will
publish special reports from leading bankers
all over the south as to the condition OF
business in their vicinity, stating that the
views of the bankers were secured because
they are the best possible authority on the
financial condition of their section. The
Record says:
In the north there is complaint Of dullness;
in the south activity never before equaled is
seen IN every line of industry. The people are
not only hopeful but enthusiastic. The steady
progress of late years has brought about
season of prosperity which has infused new
life into everybody, and the whole south is alive
and at work
DRoNEs AT DISCOUNT.
Drones are at discount; energy and enter
prise. ceaseless, tireless vim and push are now
the controlling factors in the south. Reports OF
bankers scattered from Virginia to Texas with
out exception tell Of great improvement in
business; OF activity in trade and manufactures,
and of enthusiasm which pervades all classes
OF citizens, farmers and business men alike.
COULDN'T BE SURPASSED
This says the Record is probably the most
uniformly favorable summary OF the condition
OF business in an area as great as the south that
could ever have been made. In giving some
reasons for this prosperity the Record
says that during the last two years
it has reported the organization in the
south Of upward OF 10000 new industrial
establishments, covering every line of manu-
featuring and mining from making pins to
building locomotives, and the building of nearly
5000 miles of railroad, and the production Of
which yielded fairly good profits to farmers
PRODUCTS OF THE SOIL.
During these two years the south raised over
100000 bales OF cotton, over 1,OOOOOO,O 900
bushels OF corn, nearly 100000, coo bushels of
wheat and 100000 bushels OF oats, the total
value of these and other agricultural products
reaching an aggregate of upwards of 81 600,
100000, or an average Of $500, ,000,000 a year
SPECIMENS OF THE REPLIES.
The character of the reports from bankers is
shown in the following from few of them
The First National Bank of Florence, Ala,
reports: Business On a sound financial basis
and activity unpreceie lted in this section, wit Il
money easy. Thirty or forty new factories have
been located here in the last few months"
The Firsts National Bank of Athens, Tenn,
says that section was never before half 50 pros
porous, nor the outlook half so tiattering
MORE PROMISING THAN EVER.
The Planters Bank of Danville. Va, reports:
prospects more promising than ever before.
The First National Bank of Fort Worth, Tex ::
AN era Of unprecedented prosperity and
adds that farmers are jubilant over crop pros
poets.
First National Bank of Salisbury, N. c.,
speaking for all that section, says "A better
outlook than for twenty years and the people
united and enthusiastic"
The First National Bank of Rome, G., says:
Business is very active and increasing and the
people are full of hope and enthusiasm"
Lehman, Durr & Co, bankers of Montgomery,
Ala, say: Not single mercantile failure for
the year and everything bright and promis-
ing"
NEW ERA.
The Warren Deposit Bank Of Glasgow, Ky
says: "A new era OF prosperity"
The First National Bank Of Rock Hill, S. c.,
says: Brighter than for ten years.
The First National Bank of Vicksburg, Miss,
says; Going ahead with marked rapidity."
The First National Bank Of South Pittsburgh
Tenn, says: Satisfactory to the most san
guine.''