Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-09-20
CONDITIONS ARE
GOOD IN TEXAS
SURVEY REVEALS
Reports From Some LOCAL.
ties Are PesSimistiC, But
on the Whole the Situation
Is Satisfactory.

tBY MORNING JOURNAL SPECIAL LEAsEp siRul
Dallas, Texas, Sept. Robustness
conditions and the agricultural
outlook in Texas are favorable on
the whole, according to a review
just issued by the Texas industrial
congress, based upon the reports
of its correspondents from all sec
tons of the state.
From the Panhandle, the Rio
Grande valley and southwest Texas,
reports are very encouraging,
said the review. "In south, central
and northeast Texas, with some
notifications, conditions are good.
In east and Southeast Texas ad-
verse weather conditions affecting
the cotton crop detrimentally, are
pointed out, but good crops of other
kinds serve to restore the balance. F"
Quoting C. Fl. Pease, of Ray
mondville, who stated that he had
travelled 1900 miles through the
Panhandle, south, central and west
Texas, the review stated that in
the Rio Grande valley the agricul-
tural outlook is satisfactory and
that corn and cotton are making
better than average yields. Mr..
Pease declared that in the absence
of outside depressing influences the
Rio Grande valley will have the
most prosperous year in its history.
Spending Money Freely.
The east Texas reports came
from f. II. Fry, of Marshall, and
NJ c. Parrish. of Jacksonville. The
former stated that fair crops are
indicated, business conditions are
good and that almost everybody
has money and is spending it freely.
Mr. Parrish reported business con-
ditions good and that larger crops
than in 1919 were expected.
G. c. Holmgreen, the San Anto-
MO correspondent of the industrial
congress, reported agricultural con-
ditions in southwest Texas the best
in recent years, although local rains
and a shortage of common labor
have caused some hardship. Mr..
Holmgreen said manufacturers
were enjoying better than normal
business and that business on the
whole was good.
From southeast Texas F.. H..
Koch, of FL Campo, reported bus
mess conditions depressing on ac-
count of the general deflation in
the price of agricultural products.
The failure of the cotton crop in
this section, he said, has again
placed the farmer in the borrowing
class and conditions as whole, at
present, do not appear favorable
either to the farmer or business
man.
Cattle Doing Well.
J. II. p. Davis, of Richmond; l.
], Miller, of Beeville, and Walter
Reiffert, of Cuero, all reported
good forage crops in south Texas
and cattle doing well, but said that
the unsettled condition of both
livestock and cotton markets was
unsatisfactory and discouraging'
Mr.. Reiffert added, however, that
with all the unfavorable factors the
outlook was optimistic and that
when crops have been gathered and
sold the section will be in good
financial condition.
G. w. Coleman, of WaXahachie,
and e. P. Wilmot, Of Austin, re-
ported the business outlook in CEN
trail Texas as flattering, but ). II.
Lowe, Of Malone, and Ed Woodall
of Hillsboro, took less optimistic
view of the situation. Mr.. Wood
all declared that under all cir
cumstances I cannot be enthusi-
astic over the outlook. Both men
give as reasons for their opinion,
the unfavorable cotton market and
consequent inability of farmers to
lluuldate their debts.
The cotton crop in northeast
Texas has been hurt by holl weevil,
but the damage has been less than
might reasonably have been ex-
pected, according to the report of
G. R. Payne, of Texarkana. He
corn and sweet potatoes
as in good shape and said the pea
nut crop would be good, although
small. Manufacturing conditions, |
he said. are generally improving.