Evening star. [volume] (Washington, D.C.) 1854-1972, 1891-06-27
NEW SOUTHERN INDUSTRIES.
Enterprises Established During the Second
Quarter of the Present Year.


Quarter of the Present Year.
CHATTANOOGA, Tenn, June 27.-The trades
mans report of new industries established in
the southern states during the second quarter
of 81 shows a total Of s92 against a total of the
quarter of '89 of 55S.
new industries established for the second
quarter OF this year is up to that of the cor
responding period of 80. still the industrial in
terests OF this section are in a very healthful
condition and a noticeable feature for
the past three months has been
the amount of capital invested in the enter
prises. indicating that the new industries now
being put into operation in the southern states
are larger and will be more thoroughly
equipped. The spring and summer Of 80
saw the establishment of a very large num-
Der of industries in the SOUTH in fact that
period was the elimination of a form Of devel-
opment exceptional in its nature and charac-
terized in many instances by want of
knowledge OF the needs Of full under
standing of the resources or that Sec
ton. When the recent stringency in the
money market is taken into consideration the
industrial activity in the south for the past
quarter Is very gratifying and jnstifies tine as
sertion that in no section of the country are
the industrial interests in more healthrul con-
dition than in the southern states.
NEW ENTERPRISES.
During the quarter ending July there were
established in the southern states agricultural
implement works, barrel factories. boot and
shoe factories, brewery and 80 brick works,
Virginia leading with I, Alabama 6; Georgia,
kentucky and South Carolina each having 4 to
their credit and nearly all of the southern states
contributing or to make up the total; 90 large
development and improvement companies have
been organized during the quarter, Tennessee
leading with II; Virginia, 10; South Carolina,
o; North Carolina, Z. and the balance being
evenly distributed in the other states. Twenty
nine electric light companies have been
organized against 40 for the corresponding
quarter OF last year; Is flour and grist
mills have been established; AZ foundries and
machine shops, against 20 for the correspond
ing quarter of 80; furnace companies have
been organized, gas works companies, l6 ice
works and 81 mining and quarrying companies
have been organized; 70 natural gas and oil COM
panies have been organized during the past
quarter, which indicates the marked nterest
that Is being attracted to this industry in the
south. Twenty-throe oil mills have been
erected and thirty-seven phosphate companies
have been organized.
The extensive deposits of phosphate that
have recently been discovered in Florida have
gwen great impetus to the phosphate indus
try in the south and large amount of capital has
been invested in the development of these lands
IN the past six months, i'll Florida alone there
$500 PheSpAotc companies
organized in the past quarter. two in North
Carolina, two in Virginia and one in West Vir-
ginia. One hundred and sixteen railroad COM
panies have been chartered three rolling mills
erected and thirty-eigh: street and cleo
trlc railway companies have been in
corpOrated. Four tannt ries have been erected
during the past quarter, II water works and
"a cotton ana wooden mills have been cstab-
IIshed, In North Carolina, in South Carolina,
in Georgia, in Alabama and tic balance dis
trlbuted among the other southern states. One
hundred and fifty woodworking establish
ments have been erected against 2z5 OF the cor
responding quarter Of last year.
The establishment of new woodworking es-
adjustments in the south has been especially
active and large number OF fully equipped
plants have been erected, and the splendid
timber resources of this section are in a fair
way to be thoroughly developed. The num-
Der OF wood working plants established for
the quarter exceeds that of any other industry.
and with the lZ5 miscellaneous plants estab-
lished during the quarter brings the total up
to e92, which will certainly be CRAFTY ing
showing to all who interested in the indus
trial development OF the south.