The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-09-18
ARE MAKING GOOD CROPS
Good Prices Are Also Being Realized
fsnec,nl q The Timcs4Dispatch.)

fEs (Special to The TlmcsiDispatcn.)
e BALTIMORE, Sept. 17.-President
stuyvcsant Fish. OF the Illinois Central central.
Railroad Company, writes to the Manu-
fnct,,rerst Record as follows
i5l,i"l fully agree with YOU as to the South
being at this moment the most prosper
Gus part OF the country. It has had goon
CROPS and fair prices for a number OF
years past, II Is and has been selling
its lumber at high prices, and N The
south, certainly In the Yazoo delta. the
,ttinr down tf standing timber adds to
the value OF tho land, which condition
does not prevail In the heavily tinbered
districts Of the North, where, ON the
Quitting down OF the forest. sandy or
rocky desert Ia generally left.
an the Mississippi Valley we have this
year m absolutely assured good crop OF
corn, and our prospects with respect TO
cotton nro natterinE Moreover, r. tne
south, particularly tho agricultural
south, has not lost dollar by tho tre-
mondous liquidation which hns taken
nlnce Iniwall Street, Z nor does 1t owo g
dollar In respect 81 to gundorwritings. At
the present moment the farming nopu-
lation Of the United States ARE, IN my
opinion. tho richest OF any class IN the
community, and among them the farm
ers Of tho South peem likely to faro best
in tho near future.
GOOD PRICES FOR COTTON.
Prosperity Of Southern farmers IS
ira oenbe In part to tho good prices which
cotton has brought during the past two
or three years, and despite tho efforts
OF foreign cotton buyers to create the
Impression that the souths supremacy
In cotton. may some day be contested oy
ger on that point. After Il thorough in
vcstigatlon OF cotton conditions abroad,
Colonel Alfred p. shepperson, the cotton
statisticIan Of New York, writing from
| Liverpool, says:
.r'yvhllo yarns and goods have no.
where advanced to the parity OF cotton,
the spinncrs who bought n large propor.-
the season at an average cost OF not over
five -tenths, have had a remuneratiVe
season. and many spinners on the con
tinent and In England arc In this class
The manufacturers who sold their yarns
or goods for future delivery, on tho basis
OF lower price for#cotton than they had
to pay when they bought 1t to enable
them to fill their contracts-and there
were many in this situatlon-have had.
OF course, a. very unsatisfactory SEASON
The effect was exactly as II they had
been Specializing In cotton futures AM
had got on the wrong side OF the market.
In n general average OF the matter the
! losses OF IneS6 ullluChS3 OltSo nay CDods
| Offset the profits Of their more conserVa-
tive and fortunate neighbors, 80 that as
body the European cotton manufac-
turers have probably made no money
during tho season. Many OF them, now
ever, arc in n much better condition than
at this time last season. as the stocks
OF yarns ana goods in the mills and In
European markets are much smaller. t
may be added that nowhere ins, Europe
are the mills burdened with large stocks
OF high priced cotton.
Colonel Shepperson summarizes pres
ent indications Of the crop. and In con-
clusion says: BLESSED with temperature
and rainfall better adapted to the Sue
cessful culture Of cotton than any other
country. and with an abundance of land
to meet every possible, requirement for
extension Of acreage, tthe& United States
will undoubtedly inaintafnffn the future
its present supremacy in cotton produce
ton and continue to dominate the mar
kets OF the world.