The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-30

Of cotton usually taken by Germany
but now prevented by the embargo.
This should insure good prices for cot
ton. The South will have. good corn
and hay crops, all OF which with the
cotton crop have been made cheaply.
The banks are well supplied with re-
serves anticipating crop marketing.
Thanks Ia the reserve banks, to Secre-
tary McAdoo. and to the big banks" OF
the money centres. the South will not
only he able to market its crops quickly
but II need be hold and market slowly,
thus avoiding a disastrous no demand
market
Tho silly feature Of the day Is the
disposition Of some moneyed men In
the centres to punish the whole OF
Georgia. The most unfair and unjust
feature OF finance in the United states
Is the attempt to punish financially and
otherwise the whole people of Georgia
for the criminal act OF "A few of a fine
community. There is no finer citizen
ship than that of Marietta and Cobb
counties. The people of Georgia, many
of whom believe Frank innocent and
many Of whom approve OF Governor
Slaton's Communication. deeply deplore the
disgrace to the state.
An inquiry as to probable demand for
the bonds OF a prosperous county In
high credit was answered as follows
owing to the recent lynching OF
Frank. do not believe that Il would I've
possible to sell Georgia municipal or
county bonds in the Moth at the pres
ent time"
T. l.. L.. TEMPLE. director Of Cham
Der Of Commerce of the United States;
~TBxARKANA, Ark. Aug. 2s.-As all
are agreed much depends upon the end
ing OF the European war. Notwith-
standing the fact that continued rains
have greatly damaged wheat and oat
crops. the farmers throughout the whole
country are In a very prosperous con-
dition.
Cotton acreage in the South con-
siderably reduced and a considerable
floods. There Is also a feeling OF more
or less doubt as to what may be ex-
pected in the way OF a market for TINS
years crop. yet there is an abundance
OF money available to the cotton grower
to hold for a favorable market.
The South has no doubt produced TINS
year the greatest small grain and feed
crops in it's history. so not only is there
no necessity for buying feed stuff hut on
the contrary there will he a surplus. ON
the whole the general business outlook
To my mind holds greater promise OF
good times ahead than at any time
since before the outbreak of the war.
LEON G.. SIMON OF the Chamber of
Commerce OF the United States:
NEW ORLEANS. Aug. 2S.-Compared
with the same time last year, the gem
eral business outlook for the coming
season in this part OF the South is very
promising. Cotton has been much more
cheaply made than In years and Will
sell at a very good price, considering the
cost Of production, despite having been
made contraband.
There has been an extended dlversi-
ncatlon of crops which has met with
much success. the only dra wback being
the lack of market for some of the prod
ucts. 4 large crop of corn and forage
crops have been made and are almost
entirely harvested. The rice crop is
large and II seems as II II will bring a
fair price.
The sugar crop will most probably he
la rger han last year, and there is every
reason TO believe that prices will he
high. Animal raising has become this
year a full fedged industry In this sec
ton and several packing houses are be-
ing planned. Lumber is still largely de-
pressed but Is showing improvement. The
wholesale and manufacturing trade of
New Orleans liz much better than last
year at the same period.
This week there was held here a
buyers convention. attended by mer-
chants from seven States. and the bust
ness lone was at least 80 per cent. more
than through the convention held last
fall. All things considered, and com
paratively speaking. this section has
reason 10 feel optimistic.