The times. [volume] (Richmond, Va.) 1890-1903, 1894-08-10
SOUTHEHN BUSINESS.
A Bright Outlook for an Early Improve
mrnt In Trade.

BALTIMORE. Aug. o-Thc Manuiac-
tnrer's Record, in its weekly review of
the business situation South. says:
Taken as a whole the southern crops
will probably be larger this year than
ever before.
OF corn, all reports say the crop Is
unprecedented. The outlook for cotton
based on acreage and present condition.
indicates crop OF from $4,000 TO 1000
80 bales. The smaller crops have near
ly all done well. thus giving the South
the fun measure oi abundant crops of
all kinds.
Necessarily. this means a great traffic
for southern railroads. The southwark
tendency OF population adds TO the strong
position of the railroads
The REORGANIZATION Of the Richmond
Terminal properties into one combination
I'm advance of the completion Of the re-
organization OF any or the other great
systems now In the hands of receivers
emphasizes the favorable situation in
the South.
Speculation, having nothing in the west
ern railroad situation to feed upon, as
short crops give little announcement
for much Improvement in the near fu-
ture. is more than likely to be turned
to southern securities, where there is a
foundation for an advance in railroad
securities. Southern railroads are al
ready beginning TO show some increase
in earnings This viii become more pro-
nounced within the next two months or
more. Under these circumstances we
may look for concentratiOn of public
attention 10 southern railroad affairs
likely 10 start an upward movement.
which may even go too far.
THE TIMBER LANDS.
one Of the noticeable features Of the
southern Industrial situation * the ten
dency Of northern and western capital
TO seek investment IN timber land Re
Gently large bodies If timber IN West
Y d / def 10 co.
Ina. and other States have passed into
the hands of western timber men, who
VIII begin numbering operations on a
large scale. while negotiations are pend
ing for many other tracts.
letter 10 the Manufacturers Record
tells OF extensive zinc and lead ore de-
velOpments I'm East Tennessee where
ores I'm great abundance have been OPEN
ed up.
The number Of new Industrial enter
prlses shows an increase over recent
weeks and includes a 10000 lumber
company, 100000 new cotton mill COM
pany. large wood working plant. plating
works and tobacco factories in South
fiber factory and saw mills. In Alabama
"a 10000 compress company. 10000 loan
company. $4,000 brick company $200.Otl
compress company and cotton gins in
Texas a $1,000 tale company meal mill.
tobacco works, cotton mill, additions and
lumber plant I'm North Carolina; 20,
900 mill company. water works, and Hour
mill in Kentucky: a 5000 Zee company,
10000 dry kiln company. 500 publishing
company, $1,000 bridge company $1,000
organ building company. 10000 manufac-
turing COMPANY and Sl00o01 straw goods
works in Maryland; 500 lumber and
S20Oo01 lumber company in West Virginia
. 5000 quarry hardware works. water
company, etc. I'm Virginia. phosphate
mines and furniture works in Tennessee
q Sll.eO bridge company IN Arkansas
lumber plants electric plants, brick
works. water works. sewer system I'm
Florida: "a $4,000 manufacturing m
pauy. large pyrtes mining enterprise,
gold mines. and box factory in Georgiai
and a sugar factory I'm Louisiana.