The age-herald., 1900-06-15
CONDITIONS IN
 THE SOUTHEAST
FortnightIy Report of the Manu-
 lecturers Review.
ACTIVE PERIOD OF WAITING
Few New Enterprises Have Beer Els tablished, But the Future is Look ed to Without Fear or Dis
 trust-The Summary

In it's fortnightly review of agricultural and industrial conditions in the southeast for the period ending Thursday, June II, the Manufacturers Review says:
 Tn the southeast the fortnight has been a season of crop growth and waiting Tn industrial circles the price movement to- wards, if not to- a natural and reasonable level is awaited without fear or distrust. While fewer enterprises have been started during the fortnight, no cotton mill has been stilled no furnace in the southeast blown out or even banked, no saw mill in the districts of largest production has been shut down. Ut is a period of activity and waiting combined, the only adverse effect of the times being a stay in the starting of new enterprises.
 ''The season of the year has, however, something to do with this. Prices of lum- Der, naval stores, cotton goods, iron, steel, coal and coke are still much above cost of production, and the southeast does not fear competition when the supplies of raw ma terial are unmatched elsewhere. And yet some new enterprises have been started iii the fortnight
 Tn Mississippi George T. Houston X Co.,, of Chicago completed the purchase of 156- 750 acres of hardwood timber in the Yazoo delta, paying therefor over million dol lars. The timber has been purchased with a view to immediate use in mills located on the lands
 Tn South Carolina the Clear Water beachery of Aiken County to cost s2OO OOO has been fully organized, and the first large Southern beachery will be speedily erected and equipped.
 Tn Texas $1S5,000 is to be devoted to the cultivation of rice at Beaumont; the build- ing of several wly-organized cotton mills have been begun; thirty-six wells were completed in May in the Corsicana oil dis trict, carrying the number of producing wells to about 50O and the daily produc- tion to about 5000 barrels This state has harvested fully 13OOO,OOOO bushels of wheat.
 "In Louisiana several towns are compet- ing for the location of the states textile school; a combination of four lumber mills in New Orleans has been effected, and sev- eral deals in timber lands were made.
 Tn Florida the details of the Alger- Sullivan syndicate, including a transfer of a branch of the American Car Works to Pensacola, continues to attract attention; and Tampa is rejoicing over the fact that it is to be the gulf terminal of the Seaboard Airline system.
 ''The line of the new Tennessee Central Railroad and the coal and ore districts of East Tennessee present many points of unusual activity. Nor is cotton mill build- ing neglected in the state.
 Another Chicago company has been or- ganized to work in the gold districts of Georgia, and it has ordered seven 20-stamp mills for that purpose. This makes the fourth company of large capital at work in the Dahonega district. In all parts of the state the walls of new cotton mills begin to show
 'The fall in the prices of iron does not lessen industrial activity in Alabama. A furnace was blown in at Ironaton, and two more will soon be ready. An export trade will, 1t is confidently believed, keep Ala bama furnaces in operation. A large hotel is to be erected in Birmingham, and the Tennessee Coal, Iron and Railroad Com pany will soon begin the erection of rail mill at Ensley that will cost about million of dollars. Mine activity is well maintained and cotton mill building is going on in every part of the state.