The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-05-07
CHANCES FOR CAPITAL.
sAvANNHAH's fEDUsrJR1AL ERA
FAST COMING ON.

New Enterprises sprinRiDg Up and
Capital Being Invested in Manu-
factories With Paying Results-Ss-
vaunah's Advantages as 9 Manu-.
featuring Csnter-The Glass Of Manu-.
factories for Which Material is Most
Available.
At ths rate at which industrial enter
prises are springiug up, Savannah will soon
be one Of the leading manufacturing cities
Of the South Atlantic coast. The recent in
aughration Of q number Of important en-
terprises, and the interest that is being
taken in industrial affairs. Is engaging the
attention Of moneyed men, not only here
but elsewhere.
The successful operation Of the manu>
factories which have been started Ia the last
three or four years has opened the eyes Of
business men to their importance. The
Savannah Brewing Company. cotton mills,
fertilizer and phosphate companies,
ice factories, lumber mills, furniture
and other wood working factories
companies and small manufactures which
have been established within five years are
paying handsome dividends. and every ons of
them has increased its capacity since It's
organization. Half dozen manufacturing
companies are now being organized.
COMPANIES NOW ORGANIZING.
The first installment upon the stock Of the
cotton factory TO be erected upon the lands
of the Southover Land and Improvement
Company is payable in July. After several
ins. ailments have been paid in ground will
be broken for the factory building, and as
soon as the building is completed the factory
will be put In operation.
The Savannah knitting mill was incor-
poratej two weeks ago. This enterprise
has proven profitable elsewhere IN this
state. and there is every reason to believe
there viii be the same result here.
The Palmetto Manufacturing Company
has been incorporat, d for the manufacture
OF fannie acid and tibrous goods from the
palmetto plant under the Warrand patents.
THE COMING INDUSTRY.
The Oenler Oyster Company will be in
operation next season, and the canning Of
oysters, which is just beginning to be de-
veloped on the Georgia coast, opens a field
for great industry. which will afford
opportunities for the investment of large
capital and will call for the employment OF
q great amount Ut labor.
A movement is also on foot for the organi-
zation, OF fruit aud vegetable canning
company. The truck farmers around Sa-
vannAh, one Of the greatest truck growing
centers of the south, produce annually
thousands OF carloads OF vegetables suitable
for canning. There are 10000 canning
factories in the United States. Georgia is
one Of the greatest of truck growing states,
and yet stands twenty. sixth in the
list of states having canning
factories. There is not factory in Savan-
nah to utilize the surplus crop Of those
vegetables suitable for canning, tomatoes,
pease, beans, okra, ETC., which Ia frequently
total loss to the grower. The fact that
the south furnishes the north and west with
green vegetables. while the north and west
furnish the south with canned goods,
is Of itself ON evidence that there
the canning industry. The canned goods
trade is becoming enormous. Last year
800, 900 900 packages Of canned goods were
sold, whose value in first hands was some
thing like $4S,000,000. 1t is proposed to
organize company here with capital of
5.000 wholly for the canning Of vegeta-
bles. Glass works are also being talked of
for the manufacture OF bottles aud other
glassware. A technical examination Of the
sand around Savannah shows that 1t is
adapted for glass manufactures.
MANUFACTURES AS WELL AS COMMERCE.
Savannah has always been regarded as
strictly commercial city, and its COM
mercial interests to-day are larger than those
of any other city on the cost. Had 1t manu-
features in proportion to its commercial i'm.
portance its population would now be con-
siderablv greater than 100, 900 people.
There is no reason why 1t should not have
manufactures aud population both. 1t was
formerly supposed chat because there was
no cheap water power here, and
the cost of transportation of coal put
it out Of the question to run factories by
steam, that 1t was impossible to conduct
manufacturing successfully. This may
have been the case once. buG it Is not so
now. Factories run by steam are not sub
ject to the stoppage and oftentimes serious
damage from the periodical overtiows OF
the rivers and water courses, which an
| nually amount TO millions OF dollars, loss tc
the factories run by water power. Rail.
road combinations and the competition OF
water freights has reduced the price Of Goa
for manufacturing purposes to 81 70 PEI
ton and less.
INDUCEMENTS TO MANUFACTURING.
There is now no reason why manufactur,
ing enterprises Of all kinds should not bt
profitably conducted in Savannah. II any
considerable proportion Of the raw
material that goes through Savannah
were manufactured here the population OIL
the city would not be less than SOC, 200. The
| cotton and woolel goods for the entire
southern country could be manufactured
from the cotton and wool that is shipped
| from here, all the paints, oils, varnishes, al
| the soap, axle greass aud similar
compounds could be manufactures
from the naval stores that 60 through THU
port. Savannah is the greatest naval stores
! port in the world, and raw material IL
| cheaper here than anywhere else.
Labor is cheaper here than in most places
featured. Machinery can be laId
down and buildings erected as cheaply
as anywhere else in the country.
THE TRANSPORTATION QUESTION.
Best of all Savannah has the finest posi-
ton for che shipment of manufacturer
goods of any city in this section. The ocean
steamship lines give it the lowest freights tc
the large markets of the country
Its freight rates and accommodations
brought about by competition Of the rail
roads. and the further competition of the
railroads with water freights, are the envy
of her sister cities. Not only could these
articles and products be manufactured sue
cessfully because OF their quantity and
cheapness at this port, but there are vasl
fields of undeveloped resources. With The
neighboring country filed with the finest
| varieties Of hard woods and woods suitable
| to manufacturing purposes, suct
as maple, ash, poplar. cypress,
oak, hickory aud insxhaustible quantities
! of pine, almost all the wooden manufacture,
sold from this market, wagons, buggies
| FARMING fools and i'm nlauants chairs nod