The Dawson news. (Dawson, Ga.) 1889-current, 1905-07-19
STOCKS ARE CREEPING UP
CROP OUTLOOK is GOOD AND
BETTER PRICES LOOKED FOR.
Cotton Will Make Big Addition to
Wealth of South. A 9OO,OOO,OOO
Bushel Dat Crop.

Wealth of South. 0OOOOO,OOO
Bushel Dat Crop.
l. w. G. Nicholas, the New York COR
respondent of the Savannah News,
says: The stock market is working
very much as it did year ago. 1t is
slowly creeping up, the only difference
apparently being that it starts from a
higher range. 1t is hard to find good
reasons, however, why quotations
should not continue to rise, and there
are many reasons why we should look
for better prices. The year is now
more than half through, and the out
look for generous crops is bright. The
bumper yields which were expected in
some quarters may not be realized,
yet the grand aggregate will undoubt-
edly be large.
1t has become evident that the yield
of cotton will be below the promise of
forty days ago, yet it will be sufficient
to make a huge addition to the wealth
of the south. The world seems to be
educated to the acceptance of 10-cent
cotton, the universal demand for the
staple and its products being steadily
on the increase, while production APP
pears to have limitations.
OF the cereal crops there will be
enough wheat to go around and some
thing left over to supply foreign de-
mand. There will be a 900, 600, 600
bushel crop of oats, the biggest hay
crop on record and an unusually large
yield of winter wheat. Spring wheat
may fall below the average and prob
ably will. The corn looks well, al
though it is too early to make any es-
Inmates of the results. Banks and
specialists in the financial world do
not anticipate tight money, although
not unwilling to encourage the idea
that business requirements will be in
creasingly urgent and rates remuner-
atively high. Railroads are doing a
record business and are
straining every nerve to increase facil-
tiles for handling the swelling volume
of tonnage. In the industrial field
every wheel is turning and skilled
labor finds active employment at liv-
ing wages.
There is not enough unskilled labor
to meet the demand, and the tide of
immigration cannot inflow fast enough
to recruit the pick and shovel host to
the full extent. Taken as a whole the
country is in a superbly prosperous
state, and the situation is buoyant
throughout. 1t is not a prospect to
encourage the bear party About the
only thing the pessimists have to rely
on is the gnawing fear that the White
House occupant may insist on doing
things next winter to disturb business
conditions.
The friends of the president are still
strong in the faith that he will be mod
crate in his actions and yield to the
persuasive philosophy that it will be-
the part of wisdom to let we'll enough
alone. The stand-patters are doing the
best they can to convince him that the
welfare not only of his party, but of
the country will be best promoted by
political inactivity at Washington.
These are the days when a majority
of the population of this country is ac-
lively engaged in making and saving
crops having marketable value of
81, 900, 900, 900 to s., 900, 600, 900, making
provisions for the sustenance of live
stock worth double that amount and
digging from the ground coal and
minerals worth 81, 200, OOO 600. These
and the finished product of tens of
thousands of mills and millions of
artisans furnish tonnage for 220,0
miles of railroad and livelihood for
the wives and families of 1,200, 600
railroad employees. Don't bet too hard
or too continuously against national
prosperity grounded on the intelligent
ly directed industry of S0,0000O0 peo-
pie.