The times. [volume] (Richmond, Va.) 1890-1903, 1894-04-13

Many Northern aud Western Farmer
oniing Into the ~ouib

Many Northern aud Western Farmers
"n'ing Into ,he souih
BALTIMORE, April i2.-The Nanufac-
turers Record in its weekly review OF
business conditions in the South, says:
The two things that are now attracting
notice In southern business affairs are
the great attention that is being gwen TO
attracting settlers TO the South. already
resulting In bringing 10 this section many
northern and western farmers, and i'm the
sac OF extensive tracts of agricultural
lands, and the tendency Of western trade
10 seek a Foreign outlet through southern
ports. on the latter subject the entire
west seems TO be aroused. Many Of the
new railroad companies and projected
lines that are now before the country
seem TO be based on the idea of a
heaNy Increase In the shipments OF west
efn products through southern ports, In
stead of through North Atlantic ports. as
formerly. The effect OF this is already
seen IN the Increase in the total value OF
Foreign exports from southern ports from
s-VS,WDVW for the eight months ending
February 1888 10 $3.50, 200 900 for the eight
months ending with February. 1894. the
gam being $3.50 900. the total increase
Tor the entire country having been s52.-
10000 more than one-half OF the whole
gam having been from the South.
Inc steady Improvement In the business
interests OF the South is shown In the
total bank clearngs OF the first three
months or 1894. as compared with the
same period OF 1888 The decrease for
seVenty-one cities OF the country was
nearly 20 per cent, but sixteen southern
cities, including Baltimore, show de-
crease OF only IL per cent. out OF seven
ty-seVen cities only five had an increase
IN dearlngs, and of these three were In
the south. The smallest decrease In any
leading city In the country was Baltimore,
n southern city, where the falling off Is
lilo per cent. only, against 179 per cent.
at Philadelphia. 10 at Boston. 30 at De-
troit, SO at 81. Paul, and 81 at New York.
Three important southern railroad sys-
TENS are now undergoing process OF or
ganzation, and new plan for placing
the Georgia Central on a sound basis In
being formulated AS result a marked
advance has occurred IN various railroad
and other securities Announcement Is
made OF another road into Texas $50 miles
long. Southern iron workers are encour-
aged by the reduction In freight rates.
and report an Increase In orders.
New enterprises OF Importance noted by
the Manufacturers Record this week In
clude the following:
A $4,000 telephone company. packing
house and pumping company I'm Georgia;
a telephone company, cigar factory. and
ton to staye firm, ice-making plant, and
mattress factory In TENNESSEE; can-mak-
ing works, two water-w0rks systems. pub
lie Improvement company. and cotton
compress company In Texas. packing
house, hardware speciality works. water
works system creosote works and tele-
phone company In Virginia; two electric
light plants. planning mill, two ice-mak-
ing plants, SzppvD coal Company ~
100000 mercantile company. and SliJ,oD
lumber company In West Virginia. lum-
Der mill and works In Alabama. a dis
tillery and clothing factory I'm Maryland;
an electric light plant. a 10000 cotton
mill, aud addition 10 cotton mills In North
Carolina.