The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1916-07-09
CROP PROSPECTS
AND BUSINESS
OUTLOOK BRIGHT

The general outlook in the district
continues bright, with money plenti-
full and rates normal with slight de-
mand. The impression is that with
the occasion of war, money will flow
more freely alonog trade channels,
we look for more new and diversi-
fled industries in the District.
Cotton conditions are reported as
favorable, but suffering somewhat
for want of sunshine and warm
weather, and especially is this true
in the northern section of the cotton
belt The corn crop is the best in
several years. Crops will be made at
a less cost than average this year and
with good prices the farmers will be
in prosperous condition. No un-
usual advances have been made on
growing crops and unless rains CON
tinue and crops become grassy" and
necessitate great deal of additional
labor no demand or additional money
is looked for.
New Business has somewhat re-
coded, but manufacturing and general
industrial lines continue to operate
full time with plenty of orders ahead.
Labor in general is satisfactory and
well employed.
Crop Prospects.
Cotton-The boil weevil has made
its appearance In some new sections
of the District in spite of efforts to
combat it. Owing to recent rains
grassy conditions are reported from
some sections, but is being rapidly
''chopped-out." The weather of late
has been too cool, especially in the
northern section of the cotton-belt,
but with warm weather and more
sunshine the prospects are good for
an average crop. 49,
Corn-There has been a large in
crease in corn planting, and condi-
tons have been very favorable. The
crop is in fine shape and present in
dications point to the largest and best
crop for many years.
Notwithstanding an in
crease of acreage in wheat. and oats,
the wheat crop is 25 per cent off;
and oats reported poor. The hay
crop is exceedingly good and large
crop has been produced with prices
sufficiently high to make planters
prosperous.
Fruit-The fruit is light in Tennes-
see and Alaabma. In Georgia it is
lighter than 1915, but prices are bet
ter and expectations are that good
prices win prevail owing to shortage
of crop. The average increase in
price is 10 cents per crate over last
year, which means good sum il
the growers pockets. Owing to rains
the marketing is somewhat late, but
shipments are now beginning to move
Watermelons- are beginning to move tx
market. Recent rains were very
timely and the crop will be a gooC
one with heavy acreage and pros
) poets for good prices throughout the
next few weeks at least. Cantaloupel
are being shipped in large quantities
, with excellent prices prevailing. Tn,
Florida citrus fruit crop is shor
and the output is estimated from 81
per cent to 20 per cent.
Tobacco-Crop reports have beer
encouraging, the weather being ia
!. vorable for transplanting, a fine crol
has been put in and the general con
dition is good. There is a strong de
mand for export of previous years
holdings, but owing to lack of ship
ping facilities it is moving slowly.
/ Rice, Sugar, Coffee-New Orlean
E reports the Rice market as quiet Will
e well maintained prices notwithstand
ing indications that the present GRO
viii be a large one.
' Rains have been general in tn
/ sugar belt and planters are optimis
3 tic in view Of large yield and goo,
! prices.
: Interest in the Coffee market an
pears especially strong and New Or
leans reports deliveries in New Or
leans in excess of the port of Ney
$ York.
LUMBER Conditions in Lumbe
have softened somewhat. Mills hav
large stocks on hand and the marke
: is suffering from over productio
caused by car shortage and scarcit
of vessels. Some mills have shu
down.. while others az not believ
I present conditions will last long an
: are building larger mills with viey
e to ex pansion in the Fall. The Ed
! ward Hines Lumber Company of CHI
b cage have completed arrangement
: for the erection of a mammoth saw
r mill at Gulfport, Miss, to cost az
: proximately 100000. The mill wi
cut for export and it is reporte
: contracts have been signed for tinbe
to run the mill 20 years. Hardwoo
manufacturers are reported to hay
more orders than they can fill.
few railroads are buying pine cross