The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-07-26
THE SOUTH FEELS A BOOM.
PROSPERITY ALREADY PRESENT IN
SOME OF THE STATES.

Tariff Will Ada Millions to tho PIanters'
Incomes In Observation-Disclosures IL Al.
rendy Prosperous-Outiook in other States.
LOUISVILLE, KY, July ga wonderful
change has como In the spirits Of Kentucky farm
ers during the last three months. A remark
able rise in tho prico Of leaf tobacco was tho
first significant change In tho long era of de-
preston. This began to develop in April, and
by the time the rise had eliminated, about the
middle of June, prices had advanced on every
grade from 100 to 800 per cent. For tho past
two years tobacco ,old at prices below tho cost
of production, and as almost every Kentucky
farmer grows It, its depreciation was mainly
responsible for the flood Of silver sentiment last
fall.
The wheat crop has been extraordinarily
largo. and is Of the finest quality ever known.
The State Agricultural Commissioner estimates
the yield Mt double that of last year. The sur
plus is three times as great. Potatoes are b.
ing sold at S1.sO q barrel. against 40 to 90
cents last year, and onions, cabbages, and other
garden staples are as high, while crops have
been 30 large that shipments from Louisville
are rs per cent. greater than last year.
1t is now the season for selling fat cattle
and as they are bringing high prices, hard
times arc leaving Kentucky. Dealers in agri-
cultural implements say their trade is opening
maBnluCenIy. MI. LeWls, uehu OI ono Oh Inc
largest houses here, says he has sold Eve times
as many farm wagons during the last six weeks
as he did for the same period last year.
The feeling among manufacturer, mer-
chants, and bankers over the passage Of the
Tariff bill Ii one OF great relief. President
Lindenberger o. the American National Bank
says that 1t removes almost the last obstacle In
the way Of better business. Mr.. Lindenberger
is a low.tariff man, but says the agitation over
the tariff was worse than the highest proteo.
tive duties.
The demand for money is still light, but 10
getting better. Louisville Is the chief centre
Of jeans cloth manufacturing. At this time
last year all the factories were closed. Now all
are running, and some on extra time, while
prices have been advanced
The jobbors are preparing for a fall trade
which they say promises to be the best they
have ever known. The whiskey business is.tho
only important interest yet greatly depressed.
TARIFF WILL BOON LOUISIANA.
NEW ORLEANS, La, July 25.-The Tartn bin
passed yesterday by Congress is the most f&
vorable 10 Louisiana ever adopted, and it 10 uni
vcrsally conceded that 1t will give q great i'm
petus TO all the chief industries OF the Stato.
On this point there is no difference of opinion,
and the most extreme free traders admit that
the Tariff bill will give help to Louisiana's chief
industries, particularly sugar. rice, and lumber,
The passage Of the Tariff bill will give o great
impetus to agriculture ana trade. Business had
been unusually dull in. Louisiana throughout
the summer, due to the high water and to un:
back their spring orders until they felt sure
that there would be no overflow. and the conse
quence was, that the summer trade OF New
In the last few weeks there has been some
sa9s ~ he pass nss Of fu .sme Eli t ! would %nidai e.
crease the duty ON sugar, began putting IN
i%mai.n SGasr' f fis m msaasf IN e Which ss Tie saasl
schedule is framed encourages the production
Of high-grade sugar. and wiz therefore induce
the planters to use heavier and improved ma
SriesGss to tIS ssu viii aSs ;sfes from tRres 70
b been m heaSg orders Gt @siffe for a mules sae Wagons nanS and and
pioughs, which have stimulated these several
Louisiana viii raise a crop of 7so,o o 900
pounds Of s Hs at. this Sy eaF + !, SO So that s tine A wa
100000 in the increased duty on sugar and
molasses. A large part OF this goes not only 70
the planters and laborers, but to The railroads,
foundrieS, machine men. and CooperS, ana
makes ipself felt in many ways. -,
The rice crop will be benetited by the tarin
usually early this year. and began coming in as
early us July Is. The industry has been In q
weak condition for some time IN consequences
provement since the Tariff bill was on Its
III al passage and the price now yields the rice
Tho lumber industry expects in time to share
tn fpt viii hi NOT be- fait until oStob CIV When the
sugar crop comes in, but already there has been
an improvement In anticipation. For the nrst
time since early spring the bank clearances
show an improvement on the corresponding
period of lea6. y movement Is on foot TO
McEnery on his return to New Orleans as q
tribute 10 his acuoai IL ringing about a msasnrs
Uavey. and Bruussa.d. Congressman. from the
First, Second. ana Third districts. will also pc
welcomed for their action IN regard 10 the
sugar duty.