The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-01
DIXIE A MAGNET FOR DOLLARS.
NORTHERN CAPITAL STILL FLOW
ING TO THE SOUTH.

The Purchase OF Farm Lands by
Western and Northern People for
Colonization Purposes a Leading
Feature OF the Present Operations
in the sOuth-COnsfdcrabIc Actfvf-
~ Reported I'm the Organization of
New industrial Enterprises.
Baltimore. Feb. 2S-In its weekly re-
Wow Of the business interests Of the south
the Manufacturers Record reports a
steady increase in the tendency of out
side people to invest in southern prop
critics. This is especially noticeable IN the
purchase Of farm lands by northern and
western people for colonies.
There is also considerable activity re-
ported in the organization of new indus
trial enterprises. and Notwithstanding
the general business depression through
out the country the south continues to in
vest its money in the organization of man.
ufacturing enterprises. Among the lead
ing industrials matters reported for the
week are extensive reduction works for
handling refractory gold an pyritite ores
at Blaci5sburg. S. g.. and at the same
place in connection with this enterprise.
but by separate company. large phos-
phate works to cost about $4,000 to use
the sulphUric acid which will be made
as bi-product of the reduction works.
At Fort Mill. S. c. $500 spindles are to
be added to cotton mill. two cotton
mills are to be built at Silver City, N. c..
and cotton mill enterprises are being or
ganized at Lafayette, Ala, Denmark. 5.
C., Salemn, n. c., Orange, Tex, and sew
eral other points. \ $4,000 cotton com
press at Yoakum, Tex, and another of
$4,000 in the same state; two Cotton cot
ton seed oil mills in Texas; a 750-barrel
grain mill projected at New Orleans. and
large lumber mills in Louisiana: $4,000
bridge and $1,000 foundry in Alabama;
ice machine works, $5.O01 packing COM
pany and lumber mills IN Georgia: a $780,
600 water works projected and 75O-barrel
flour mill in Tennessee
number Of large buildings have been
reported during the week, including
$4,000 hotel at Elizabeth City: a $1,000
hotel at Norfolk; hotels at Chattanooga.
Zeidonia, Ala, Houston, Tex and
$4,000 hotel at Clearwater Harbor, Fla.
two $4,000 schools at Norfolk; $500
courthouse at Pensacola; $4,000 semi
nary building at Richmond. two college
rN.tAtAiAi5' ~ No-l ephNlV AT JdcktOllf MISS
$4,000 courthouse at Paris. Tex, and a
$4,000 court house in Tennessee.
Among the railway projects for the
week were the rebuilding of eighty miles
OF road in Georgia, and changing the
guege from narrow to standard. Ar
engagements have been made for building
twenty-five miles Of new road i'm North
Carolina, seventy-flve miles in Arkansas
and Texas, and also six miles Of electric
road, including a power house and electric
light plant in Mississippi.
special dispatch to the Manufacture
ers' Record from the Massachusetts Cot
ton Mills Company of Lowell states that
this company has definitely decided to
build a new southern mill at Rome. Ga.
The cost Of the new mill viii be about $780,
000. The Massachusetts Cotton Mill Com
pany is one Of the oldest and largest tex
tile concerns i'm New England. having
been established in 1899. end having
capital of $l,SO00o0, to which $500 900 is
added for this new Georgia mill. The
company at present runs 1900 looms and
l2t,o90 spindles. It's Georgia mill will prob
ably have about 5000 spindles. The work
of construction viii be at once pushed
plans for the building having been
prepared by one of the leading mill archi-
tects of New England All the details
have been closed for its early construc-
ton