The Lexington dispatch. [volume] (Lexington, South Carolina) 1870-1917, 1894-10-03
TIE INDUS TRIAL SOUTH.

ADJOURNED sine Die.
| TIE INDUS TRIAL SOUTH.
Over FIVE Hundred New Companies IL
TGree Months.
CHATTANOOGA, Tenn, Sept. 27.-
The Tradesman in It's quarterly report
tor the tbreo months ending September
30, 1891 Of the new Industries esteb
lshed in the Southern States, reports
$50 industries incorporated and organ:z e
in the South in the period named against
454 in The third quarter 0: 1898. 597 II
the third quartar Of 1892 and 759 IN the
third quarter Of 1891. Shows, says The
| Tradesmaa, that the worst period OF the
depression occurred in the Summer O.
1893, aud that there has been distinct
recovery, which is daily becoming more
marked. Ia tie aggregate OF new indus
tries n the quarter ju't ended, TeXa:
leads with CT, Georgia is second with 55
! North Carolina third with At, Virginia
is, Alabama and Florida each Al, Ten
o,ssee AZ, Arkansas 3S, louisiana &c
Kentucky and West Virginia each 80
Mississippi 24. South Carolina Il.
The most noticeable feature OF the
compilation, says the Tradesman, is The
falling of in companies OF speculative
nature, and thu steadyincrease 10 indus
| tries of more useful character. Ia the
| third quarter OF 1891 there were 80 land
companies organized, against oGlV l3
IN the ast.ssquarter. Dlrlng the three
| months tho new phosphate industry il
the South was increased by II companies
| in Florida, 2 in Tennessee, 2 10 Georgia
aud l 10 Virginia. Twenty. mining
companies were organized. Ole hum
dred aud twenty nine SAW a1d plaaing
| mills, box factories ald other wood
working plants were organized ip the
three months, Alabama leading with Is,
Arkansas l6, Florida Is, Tennessee l3,
Mississippi 10. Fortythree -four and grist
mills were established, North Carolina
leading with 10, kentucky aud Texas 6
each. Tennessee aud Alabama each
and the balance about equally distribut-
cd.
The Tradesman calls especial atten.
tiou to the substantial PROCESS in the
cotton mill industry IL the Soush in the
past quarter, aud reports 80 new estab'
lishments against % 10 thu correspond.
lug period Of 1898. Georgia holds the
list with 9, Nortt Carolina has 7. South
Carolina 5, Alabama and Texas 4 each,
Tennessee 8, Florida, louisiana each.
Arkansas, Kentucky aud Virginia l
each. There were % new electric light
plants established, against II for the
same period Of 1893 and were equally
distributed over the South; 33 water
works companies were formed, against
q 10 the sans 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, s brick aud tile works and two
blast turnancs mpaaies were formed
Notwithstanding the dullness in iron, be-
sides Il miscellaneous industries.
The Tradesman adds that reports from
all sections OF the South point to sub
stan.ial revival iu manufacturing indus.
tries, enlargement of old plants and q
very marked inc-easein orders.
ANOTHER REVIEW.
BALTIMORE, Sept. 27.-Tae M lnu'
fac!urers' Record in it's weekly review of
the industrial and railroad interests Of
the South says:
Among the operation Of Northern
capitalists in the South reported duriag
the week are the purchase Of an impor'
tant Florida railroad and 100000 acres
of adjacent land by NeW Nork people;
Southern men have purchased large
tracts Of land in Tennessee and West
Virginia for mining purposes, and New
York lumber men have organized a
$780, 600 com pany and purchased $4,000
acres of land in WesternNorth Carolina.
New railroads include twenty miles IN
North Carolina, twenty-five miles IN
kentucky and forty.ive miles ia V.r.
glnia. The Increased interest in I'M nj
grafton is shown By the formation o.
several immigration companies, A
New Englan0 cotton mill company has
decided to build a 100000 mill in
Georgia; another company is now look.
ing for site for mill Of about the
same cost. Several Western bankers
ara looking for good locations for four or
five banks il the South.
Among the industrial enterprises re-
ported for the week are $l00, 900 iron
works, $250,000 investment company,
$4,000 wire works, knitting mill, ma
chine shops, water works, rope factory,
$4,000 shoe company. tile works, ETC.,
in Georgia; SIS, 900 coloniZatio COM
pany, large plan!ng mills, barrel factory,
lumbsr mills, gas works, furnaces re.
suning, water works, telephone system,
capnerg, ETC., in Virginia; $50 600
bushel Grain elevator, extensive cogl de-
Velopmants, large marble mill in Tennes-
see; $40 900 publishing company, 500
900 Improvement company, new cotton
mill 10 replace one burned, $50 600 im-
porting company, lumber mill, brick
works, electric light plant IN South Car
DINA; coal mines, saw mills, cannerg in
Alabama; ICE plant, saw mill, electric
light plant, planlng mill. marine rail
way, water works IL Florida; 1000 bar
rel -four mill, 100000 manufacturing
company in North Carolina. Among
the new buildings announced are two
hotels 10 Florida, $4,000 freight sheds
iu Virginia, $50 900 company to build a
hotel in South Carolina, new depots,
bank buildings and others.
Murderer Arrested