Pine Bluff daily graphic., 1915-09-24

FISK.
 Nothing but drastic conditions car |arrest such a general era of overex
 pansion and overspending as we hat
 before the war. It is a very good
 thing that this has taken place, ana
 is now behind us. Looking to the
 future. the country has undoubtedly tprofited tremendously by the experi-
 ences of the last year and the lesson l taught by them.
 'The. most striking thing, in the Fpresent situation is the remarkable contrast with conditions pre- vailings a year ago. The general level of prices of livestock, hides, grain, sugar, copper, zinc and other important pro- ducts has advanced to a highly prof itable basis. The cotton situation, a yaar ago regarded as deplorable, has greatly improved, and, on the pres- ent economic position of the staple advancing rather than declining prices appear most probable if car ried along and intelligentiy marketed In sections where money is nearly al- ways scarce and dear, the banks are not only rsdisccunting heavily. as usual in advance of the crop move ment, but 'are, actually. in surpris- ing number of instances, in surplps funds and. complaining of d lack of legitimate demands .for. the employ ment of these funds" asJ , ,b;!a tts,I E. Tn, { re viewing the busfness.!'t tteohdi- tiops Of the south, for the week, ,the AMllA]nlpylfactnrers Record calls attention b the mark keds improvement in n1aaiy lines of. indpstry..l After several years of stagnation,, thss' lumber trade is showing, increased. aetiyfty. Sg,rith E,ad, Kaaneine llpriipes, indicative 'oti.shetter conditions in ,lumtsr .ttthan for several years. 9The iron lintefests 'in j]virgiafa, Tennessee and 'fAlabania are feeling the effect the enormous demand for pig-iron and finished material, ani some furnaces which have been idle for eight or ten years Or more are now being made ready to put in blast.
 Among the more important indus trial enterprises 3 reported fer~tAe week is contract for nine fireproof buildings, each 325x1SS feet, to be built at Baltimore at cost of about $1,000,000 by the United States In- dustrial Alcohol company, of New York, reported for the manufacture of vinegar. This is in addition to the plant recently contracted for by the same company on an adjacent tract at cost of about $1,50O,000 for the manufacture of denatured alcohol.
 A site has been secured at New Or leans for the building of plant to manufacture automobiles. The com- pany has capitalization of $100,O00. but much more than this, it is report ed, will be invested in the undertak. ing.
 The Choctaw Lumber company, will build, at cost of $10O,00O. a hard wood mill with a capacity Of 75,000 feet of lumber day.
 The Black Diamond Golfers has been organized at Knoxville, Tenn, with a capital of $2OO,OO0 to develop coal property.
 The Norcott Mills company, of Concord, N. C.. recently organized with $250,0O0 capital stock, is having plans prepared for cotton mill of l2,OOO spindles.
 The Geo. A. Boyden Pump company has been incorporated at Baltimore with a capital stock of $1,SOO,OO0 to build a plant for manufacturing steam pumps of new design.
 The Southern Lumber company has been incorporated at Asheville, N. C., With capital stock cf $100,00O to manufacture lumber.
 These are but a few of the many tangible illustrations of the awaken ing spirit of activity throughout the South and Southwest so clearly pointed out by MT. HaIlis lD his re- l view ot the situation.