The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1894-10-03
THE INDUSTRIAL SOUTH.
Over Five Hundred New Companies in
Three Months.

Over Five Hundred New Companies !,
Three Months.
CHATTANOOGA, Tenn Sept. 27.-
The Tradesman in lis quarterly repor
for tho three months ending Septembe
80, 1894, OF the new industries estsb
lished in the Southern States, reports
$40 industries incorporated and organized
in the South In the period named agsins
454 in the third quarter o. 1898, 597 ir
the third quarter of 1892. and 759 in th.
third quarter of 1891. Shows, says th.
Tradesman, that tho worst period of the
depression occurred in tho summer O.
1893, and that there has been distinct
recovery, which is daily becoming more
marked. In the aggregate of new indus.
tries in tho quarter just ended, Texa.
leads with 81, Georgia is second with IS,
North Carolina third with At, Virginia,
As, Alabama and Florida each a., Ten.
nessee AZ, Arkansas SO, Louisiana 36,
Kentucky and West Virginia each 80,
Mississippi "a, South Carolina II.
The most noticeable feature of the
compilation, says tho Tradesman, Is the
falling of in companies of a speculative
nature, and the steady increase in indus
tries of q moro useful character. In the
third quarter of 1891 there were 60 land
companies organized, against only 13
In the past quarter. During the three
months the new phosphate industry in
the South was increased by IL companies
7 in Florida. 2in Tennessee, 2 in Georgia
and in Virginia. TwentY.nine mining
companies were organized. One hun.
dred and tWenty.nine saw and planning
mills, box factories and other wood
working plants were organized In the
three months, Alabama leading with 10,
Arkansas 16, Florida Is, Tennessee 13,
Mississippi 10. Fortythree -four and grist
mills were established, North Carolina
leading with 10, Kentucky and Texas 6
each. Tennessee and Alabama each
and the balance about equally distribut-
cd.
The Tradesman calls especial atten.
tiol to the substantial progress in tho
cotton mill industry In tho South in the
past quarter, and reports SO new estab.
lishments against % IN the correspond.
ing period of 1898. Georgia holds the
list with 9, North Carolina has 7, South
Carolina S, Alabama and Texas 4 each,
Tennessee 8, Florida, Louisiana 2 each.
Arkansas, Kentucky and Virginia l
each. There were % new electric light
plants established, against II for the
same period of 1893 and were equally
distributed over tho South; 80 water
works companies were formed, against
27 in tho Same period last year; "a foun.
dries and machine shops were establish.
ed in the three months; l3 cotton oil
mills, 10 canning factories, 6 barrel fac.
tories, 8 brick and tile works and two
blast furnance companies were formed
Notwithstanding tho dullness in iron, be-
sides IA miscellaneous industries.
The Tradesman adds that reports from
all sections OF the South point to a sub,
stantial revival in manufacturing indus
tries, enlargement of old plants aud q
very marked increase in orders.
ANOTHER REVIEW.
BALTIMORE, Sept. 27.-The Manu-.
facturers' Record in it's weekly review OF
the industrial and railroad interests o1
the South says:
Among the operation of Northern
capitalists in the South reported during
tho week are tho purchase of an impor
tant Florida railroad and 100, 900 acres
of adjacent land by New Nork people:
Southern men have purchased large
tracts of land Ia Tennessee and West
Virginia for mining purposes, and Now
York lumber mon have organized q
$500, 1000 company and purchased $4,000
acres of land in WesternN orth Carolina
Now railroads include twenty miles 10
North Carolina, twenty-five miles IN
Kentucky and forty.6Vo miles in Vr'
glnia. The increased interest in immi.
grafton is shown by tho formation OF
several immigration companies, A
Now England cotton mill company has
decided to build a 100000 mill in
Georgia; another company is now look
ing for q site for a mill of about the
Same cost. Several Western bankers
are looking for good locations for four OF
five banks in tho South.
Among tho industrial enterprises re-
ported for the week are 100000 iron
works, $250,000 Investment company.
$4,000 wire works, knitting mill, ma
chime shops, water works, rope factory,
$l0, 900 shoe company, tile works, ETC.,
in Georgia; A25, 900 colonization com
pany, large planning mills, barrel factory.
lumber mills, gas works, furnaces re-
suming, water works, telephone system,
cannery, etc., in Virginia; 10000
bushel grain elevator, extensive coal do
velopments, large marble mill in Tennes'
see; 80, 900 publishing company, $780,
900 improvement company, new cotton
mill to replace one burned, 100000 i'm
porting company, lumber mill, brick
works, electric light plant in South Car
DINA; coal mines, saw mills, cannery In
Alabama; ice plant, saw mill, electric
light plant, planning mill. marine rail-
way, water works IN Florida; 1000 bar
rel -four mill, 100000 manufacturing
company in North Carolina. Among
the new buildings announced are two
hotels in Florida, 100000 freight sheds
iu Virginia, go, 900 company to build q
hotel in South Carolina, new depots,
bank buildings and others.
Murderer Arrested.
ATLANTA, Sept. 2l.-Will Meyers
arrest has been accomplished, and an
officer of tho law. is now on his way from
Cincinnati, bringing The fugitive back to
IL - ..~o> 80 &b> 1ofo trooadu where