The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-01-17
ROOM FOR MILLS.
r..+on Manufacturing Industries
in Savannah.
The cotton mills in the south have

1.o cotton mills in the south have
...od the hard times remarkably well and
80 with few exceptions, con-
had in operation. The Savan-
b Cotton Mills have gone right
n uSsaad during the troublesome times and
o. showing made during the last twelve
ItLno w is almost flattering one. The pros
lo+t for the present years business is
r. and the mills fin d no trouble in sell
their yarn as fast as it is manufact-
ured. ....-.,,. 80 ,,,,,. .. -,-
A,,t the market for hose and hosiery is at
Orssent depressed, and no large sales are
Zinc made This is the case all over the
UsLT9 with reference to this class of
U0OsnufSctured goods. New cotton mills
We being built all through the south and
sbe success of the mill to be built by the
Sortbover Land and Improvement Com
nsnv is practically assured.
PITbe American Promating Company, of
poefon. is now working up this scheme
md thus far has confined its work to
Ringing before the people of the New
Engiaud states the advantages of Savan-
nah as a seaport and a manufacturing
center ,. A.. o.,-
Company said in this connection yester-
Ssv mo stock for the proposed mill has
been sold The time is not ripe for that yet
The promoting company he continued,
js educating the people with the benefits
~ he derived from investments made in
the south and at the proper time we feel
confident the stock will find a ready
sale
IN Savannah. The city is rapidly grow
inc new railroads are coming in and the
to ba fO11Od hara for ami
featuring purposes are second only to two
mr. three, if to any, in the country and it
will not be long before capitalists will
awaken to the fact.
The following letter, written by a
northern capitalist, will illustrate how
Savannah appears to an outsider seeking
to invest in the south:
~ was astonished to find in twenty
years, from 1872 to 1892, the value of the
Imports and exports of Savannah, through
its harbor, rose from S72, 35S, 900 to $780,
100000, and in looking about for the cause
Of this great increase found it:
First in the increased depth of wa
ter in the harbor from IA feet TO % feet
and the extensive anchorage of the har-
bor. now 1900 acres in area, and the am
ple and convenient dock facilities, ware
houses, ETC., which really make it one of
the best harbors in every respect upon
our Atlantic coast. Second. in the ex-
traordinary development of the re-
sources of the country tributary
to this city and harbor. 1 found that to
do this business required the service of
nearly 600 steamships and $50 sailing YES
sells, the aggregate carrying power of
which is 1,07l 900 tons. And when l saw
how rapidly this traffic was increasing,
and that the harbor would soon have 26
feet of water and that it's anchorage area
could be easily be increased to $500 acres ;
at its dock, conveniences to more than
three times their present limit, and that
there is a country back of it blessed with
such abundant resources that if but half
developed would command the harbor's
full sheltering capacity. dare to write.
here is the seat for one of the greatest
centers of population of the world.