The morning news., 1892-03-29
PROGRESS OF THESOUTH.
. FINE SHOWING FOR THE FIRST
QUARTER OF I9e2

Total of 5e8 New Industries Incor-
norated and Established and I42 in
Contemplation and Process OF For
NATIONAL List OF the New Projects
and Their Distribution Among the
states.
CHATTANOOGA, TENN, March 2s-The
Tradesrldn, in its reuisw Of the industrial
development Of the south during the first
ousrter Of 1892, reports a total of sos new
ministries incorporated aud established and
143 contemplation and in process OF forma-
tion. making total of 740 established and
contemplated against $40 for the corre>
spondng quarter Of 1891, and 1923 for the
same period In 1890. The TrddeSnldn states
that while not all these industries will be
built, that in every case preliminary steps
have been taken looking to their erection
and in a majority of cases erection has act
ualfy been comme1ced.
Ii reports decided Improvement In the
Industrial situation, Notwithstanding that
iron rules at lower prices than ever before
known. The recent reduction In the prices
of wages among the iron workers and the
subsequent reduction in freights have en-
ebled southern furnaces TO continue in
operation, buUuAu db NcI y sInhli LudTRluS.
The situation among the textile plants is
more favorable, aud a large number are
being improved and several new plants OF
great magnitude are being established.
During the quarter the TrddeSmdn re-
ports new agricultural implement works,
Alabama leadiug with =; 6 root and shoe
factories. Virginia lea ling with 2, and Ala
bama Arkansas and Georgia having each |;
Anew breweries, 3 Of which are located in
Texas; 10 brick, and 8 tile works, equally
distributed througEout the south; car
works: ~ canning factories, in South
Carolina and in Georgia.
Four new compresses were established
and % cotton and wooden mills organized,
z in Alabama, 5 in North Carolina, In
South Carolina, 8 in Tennessee and each
in Arkansas, Florida, Kentucky, Virginia
and West Virginia.
One distillery was established in Texas.
Eighteen electric light companies were
organized. ...-.
Twenty-nine -four and grist mills were
established, Tennessee and Georgia each
having 6, Texas 8, Alabama and North Car
oIina each 8. ana the balance distributed
throughout the south.
Twenty-Five foundries and machine
works were established, in Tennessee, 4 In
Georgia, In Alabama. 2 In Texas. Missis-
sippi and South Carolina, and each inFlor.
ida. Kentucky, Louisiana. Virginia and
West Virginia.
Six blast furnaces were organized, in
Texas and each In Alabama, Mississippi
and Tennessee.
Thirteen ice factories were established
aud 65 mining and quarrying companies
organized, II In West Virginia and Tennes-
see, II ip Alabama, In Texas, In Geor
gia, lin Virginia and the balance distrib'
uted.
Seven natural gas and oil companies were
formed, in Alabama. ... ......
Ten new oil mills were organized, s III
Texas
EFifteen new phosphate companies were
formed, 10 of which were in Florida.
Sixty-three railroad companies were IN
corporated during the quarter, Virgins
leading with Il, Texas coming mex
with 9. and the balance being equally
distributed through the south.
Thirty nine new street and electric rail
road companies were formed in the south
during the period.
Five tanneries and "a water works com
panies were organized.
The 122 wood working plants were equal,
distributed through the south, and 6
miscellaneous industries.