Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-09
PROSPERITY
TIDE TURNS
TOWARD
DIXIE
Bradstret Heads, in Meeting
Here, Predict Greatest Fortune
Tide in Dixie's History,

Atlanta and the South are being
swept onward toward one of tn,
highest tides Of prosperity ever
known in Dixie. according to repre-
sentatives of the Bradstreet Comp "
in the South, who opened their an
nuaI convention here Monday morn
ing.
Officers of the company's branches
In thirteen Southern cities, covering
practically the entire South, were
present From each came glowing
prophecies of a spectacular rise from
the past depression Of finances and
general slump Of operations.
]. f. c. Pedder, division superin-
| tendent Of Bradstreet's, with offices in
the Empire building, where the meet
ing was held. declared that Atlanta
and surrounding districts were in the
| process Of a wonderful advancement.
Mr.. Pedder dwelt somewhat on the
depression of industrial conditions and
finances in this city the past two
years but said the crucial point had
been passed and a general rise TO
normal and above was on.
Optimism of Future.
q do not see any cloud on the fiuan-
cial horizon of Atlanta, or in fact, the
South in general TO cause any alarm, -
declared Superintendent Pedder. Il
am looking forward with confidence TO
fine business this fall.
Our grain crops this spring were
good and believe we shall have good
prospects for an average crop this
fall by July Is. Therefore, money viii
become considerably easier and we
viii have passed our most crucial pc
Rod.
For the past two years the South
eastern States have had a particular
ly hard time-in fact, one Of the most
critical periods in their history. The
short crops and low prices OF our staple
commodities have affected all lines OF
business, with the consequence that
there have been numerous failures and
general tightening up Of money
causing slow collections and very con-
| sentative buying In the early spring
of the present year conditions did not
look favorable for an average crop.
but vast changes have been wrought
in the past three weeks. The States
have had good rains, seed has germi-
mated well. and the land on account
Of the dryness having been well Guilt
waited. has afforded abundant riches
for crops
The South has gone right ahead
by leaps and bounds There viii be
more development I'm all lines more
building. more activities amongst the
railroads, etc.
AS for Atlanta, the city has broken
all records along all lines Of industrial
development. and will continue in its
] forward march. II viii surpass the
highest mark Of prosperity it has ever
attained"
The convention VIII be in session
I two days Those present include
George A. Follin. Of the Jacksonville.
Fla. office; George NJ. Williams. Biz
mingham; r. F. Shovalter. Jr. Sa-
vannah; John A. Singleton. Green
willie. 8. G.; George a. Bailey. No
bile; william W. Barns, Augusta; r.
F.. Eppeison, Birmingham; Linton 5.
I Lewis. Macon: F. W Renneker.
/ Charleston. 5. c.; Warren I. Lehman.
Tampa; John L. Wray, Chattanooga.
| and Lee A. Roper. Albany.
Southern Cities Growing.
Following are excerpts from the re
ports which they have brought from
/ their districts:
JACKSONVILLE In its municipal
| operations and finances jacksonville dis
I plays progressiveness. The total hank
( clearings for the year 1912 were S16S.-
| ~ 3sS. a gain q So. 000.o 900 a year since
I 1910 Iudustrially Jacksonville has
I made rapid and permanent advancement
during the past decade
/ Jacksonville herself has undertaken
the construction Of city docks a. a cost
| Continued en- Psas 5. Column 3.