Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-11-10
SOUTHERN DEVELOPMENT.
The Growth of Southern Shipping Cities
to Supplement the Building of
Manufacturing Centers.

The Manufacturers Record of Baltimore
of November I. in reviewing the industrial
progress of the South, says:
THE general business situation through
out the South shows no material change,
industrial interests continuing to make sat-
isfactory progress. The movement of cot
ton is still very heavy and foreign ship
mentS active. The indications show a
very decided tendency of Western produce
to seek outlets to forei en- markets through
South Atlantic and gulf ports, and rail
road capitalists are more and more Show
ing their apprecia on of this fact. Thus,
in addition to the many large inland man
ufacturing and trading cities which are
growing up in the South, this sec
ton is certain to build up great,
seaport cities at Newport News,
Norfolk, Charleston, Port Royal, Savannah,
Pensacola, Mobile, Galveston, and probably
at other points where good harbors can be
created at moderate cost. The develop
ment of a larger trade with the West Indies
and South America and the construction of
the Nicaraguan canal Will both prove of
enormous value to the South by furnishing
new markets for Southern agricult-
ural and manufactured products, and
by making Southern ports great shipping
and trading centers. In every direction
evidences are accommodating of the solid
growth Of Southern business interests of
all kinds, and the outlook is very bright
During the past week the organization of
new industrial enterprises has gone on
steadily, and among the leading ones re-
ported in this weeks issue of the Manu-
facturers' Record are: Projected iron
and steel works to cost 81, 600, 900 at San
Antonio, Tex, to use the Bessemer ores of
Llano and while this has not been consum-
mated yet, negotiations for it are pending:
in Florida 5000 acres of phosphate
land has been sold to Chica-
go capitalists for development,
the price reported being 100000,
and another sale of 1000 acres at a reported
price 1925 000 has also been closed; in
Baltimore a 100000 Ice manufacturing
company is building large ice factory, and
will probably erect several others; $780,
600 electric light company has been organ
lied in Morganton W. Va; $4,000
manufacturing company, San An
toGio, Tex; barrel factory, Waycross,
Bridgeport, Ala. $4,000 paper-box COM
pany, Richmond, Va; $4,000 waterworks
company, Giddings, Tex; 100000 manu-
featuring company, Covington, KY; $780,
900 street-paving contract. Houston, Tex:
wooden mill. Greensboro, Ky; paint
works, Buena Vista, Va; $4,000 plan
ing mill near Ocala, Fla: a $4,000
fannie acid plant, Knoxville, Tenn; coal
mining company, Eagle Pass, Tex. tobacco
factory, Georgetown, KY. a 500, 600 manu-
featuring company, Charleston, w. Va;
800, 0G0 lumber company, Georgia; a 81, 0OO,-
900 freight-car Company, Newport, KY;
$4,000 furniture factory company, Frank
fort, KY; $4,000 electric light and
gas company, Taylor, Tex: $4,000 grain
elevator company, Frederick, Md. saw
mill, Shendun, Va; 800. 600 coal and fire.
clay company, Hot Springs, Ark, etc. In
North Carolina, where there is considerable
nickel, there are rumors of a nickel steel
making company; at Greensboro, in the
same state, the cornerstone has been
laid for the first large modern furnace, and
the first one built for coke. ever constructed
in that state; the building of this furnace is
an event of great Importance to the two
Carolinas, where high-grade Bessemer 5res
are found in abundance, the development
of which will add immensely to the pros
perity of both states"