Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-10-08
IaEaEksENH PROSPERITY.
This Record sf Nine Aonths in the Kstsb-
nstment CT New Enterprises.


Ths Record ct Nine aonthz f0 The ERtsb-
nstment CT New Enterprises.
Manufacturers Record.
The nine mon,hs which have Just ended
have marked very important period In
the industris! history Of the south. The
great boom Of 1887 brought into existence
J many gigantic land companies and many
ZION, coal and Other com panies, orgsniz I'd
for the development OF the south. The
bonn il real e5tlte and the speculative
fever which ii engendered was looked
| rpon with lear By many who anticipated
la4cial trouble when the resction came
As the csIn inevitably follows the storm,
SO the excitement in real estate and IN
the orgauz..ion Of enterprises partly
bssed upon resi- estate, has been sue
| ceeded By a period OF depression in land
| values, with comparatively few sales.
Instead OF bringing disaster, IS many had
feared, the south has gone steadily for
wsrd, its great enterprises pushed to COM
| pletion, AMI new ones, ls'ge and small,
organized Ia grea. number. Hare and
thsre the decline In real estate has
temporarily retarded the progress OF
| some new enterprise, bu: as the Gull Sea-
son Is now closing, TO be followed by 6
period Of acsivity, due In part to the
Sbuadant crops snd in part TO the
universal prosperity Of southern man-
uiactures, VIC msy look for
q revival CT many projects now held il
| sbeyauce, an the projection of hundreds
OF others. Nothing could better hsve
demonstrated the thorough soEndDess of
the industrial! growth Of the south than
the Wy in which sll business interests
have stood the tight money msrset and
the resi- estate depression which followed
the boom. Tae capitalists OF the north
have closely studied these matters, and
we venture the prediction thai their fsith
in the continued progress snd prosperity
of the south is greater to-day than ever
| tefors.
Never before in tde history Ct the south
was the outlook brighter than 1t Is now
TIE immense furnsces and rolling mills,
/ car works, cotton mills and kindred en-
terprises, upon which WORK wss COM
menced from twelve to eighteen months
age, and which during ell .has time have
been virtually locking up the capital III
vested In their construction, are now, one
sitter another, rspidiy going into opera
tion. Moreover, they are beginning their
careers ss wealth producers ct most
suspicious tine, when the demand for ell
their products Is sctive, with prices yield
ing q good margin OF profit. Soon they Will
BE- taking the crude material and turniE G
ont millions OF dollars worth CT fniaheQ
Iroduct to help enrich the south. The
corn crop, the second IN importance in
the scutn, hiss made another advance, and
the total re.ches 533, 900 900 bushels, the
largest amount ever produced by the
south, being Al 600 600 bushels greater
t1an 10 1887, aad 0,0N0. 600 bushels
greaec taaa in 1884, only five years ago
TAe yiald Of cotton is yet somewhat IN
carta!p, out doubtless inst will be bul
little, il any, lesg thsn the splendid crcp
OF 1887, while prices will probably aver
age higher, as the worlds con
sumption OF this staple is nou
SO enoT nous IS to cause q steady
decline in the stock. Railroad colstruc-
ti0n is sCtiye. and the heavy Investments
Of foreign ard northsrn capital IN the i'm
provsnent of old roads and the building
OF new cues atIest the faith OF the world
81 large n the truth o; Judge KalIY's
gloWiSg predictions OF the south'5 grea.
future az glvea 10 the last issue of the
Manufacturers Record. From Maryland
TO Texas progress is the order Of the day,
end when the political excitement Is over
snd the crops are harvested then we may
look for period o. wonderful activity il
all lines Of industry.
The Manufacturers Record has repeat
edlY called attention to the Increasing
diversity OF the industrial growth Of the
south. Smsllaenierprises of all kinds are
spCinging up in every direction, and year
by yesr the South is increasing its pro
duciion Of maay articles for which 1t mas
heretofore been dependent upon other
sections. An examination Of the recent
industrial growth Of that section Will
show how rapidly this is going on. II
Aslsnta $500, 900 company is preparing to
supply large osrt OF the southern demand
for sewing machines. Gl:ss factories in
Alsoama and Georgia hsye proved thu.
the south can make its own glsss. Car
wJrks in twenty or twenty five places
and locomotive works IN Richmond and
Roanoke demonstrate that the south can
make its own cars and locomotives s. O
lower cost than they can De made for in
the north or west. Furniture and csr-
rlsga factories al over the south are be.
giuuing to supply the home de-
msEd, while canning factories
are saving hundreds OF Thousands
OF dollars to the south. Nc where
else in all the world is raw material for
almost every line Of msnufsctIre 30 sbun-
dant as in the SOUTH, and scarcely
week passes withou. some industry en-.
tirely new to this eectio1 being orgsht1ads
TO turn this raw material into -Weat
while Of enterprises in established Nx5s
OF industry many are dsily started. fAs.
illustrating the decreasing lAiversiffr,
,,tAs new .enterpriseeswe give ttSfolloilA
rompathon, showing the number or 4,
1T :