Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 1896-01-24
INDUSTRIAL MATTERS
A New Cotton Mill to be b
tanburg, s. G.

tanburgi o VI
In its weekly review of the business inter-
oete Of the South. the Manufacturers Record
shows that the assessed value OF properly III
tbe Southern States from 1890 to 1879 IN
creased 1851, 800. 600, or 7.0j per cent; Whi''
The jlcrea3e in the ten Weste II otateS
Ohio. Illinois. Michigan. Wisconsin, Mimi
Gotta Iowa. North and South Dakota, Neo-
rasAe ana Kansas-was S9J l2o,OJJ' OF l'o'
per cent. and the increase in the Fac'ilo
Coast States and Territories was $50 5oo'oo''
or 4 per cent. the Increase IN the o'u'n
being four tines as great as the ten western
States named and twice as great as the ten
Western States and the Pacific States anu
Territories all combined. Special reports
show that the coal output OF Alabama loi
1895 was over {. 900 900 tons and coke ,oOo,-
900 tons-ln increase Of the two complne'
over 1894 of about 1.s0)0l) tons. Ine totai
iron ore. coal, coke, limestone ana pig iron
handled by Alabama railroads in l5Jo was
over II 900. .OO) tons.
Among industrial matters reported Tor the
week were the closing Of contracts for the
power equip nent of two immense stations
for the electric road between Washington
and Baltimore. the contracts aggregauug
5000 II. p. Of boilers and engines. lIrge
number Of Southern cotton mills have de-
,lared dividends running from 3 to ana
per cent. for the past six months. orders
are being placed for new machinery Tor
$500. 900 mill now being built at spartan
burg as an addition to an established mill.
In Macon cO,tonsced oil mill company has
built three plants for tho refining Of cotton
seed oil. the manuf ,cture Of comp )und lard,
The making of soap and the manufacture OF
n salad oil as a substitute for olive oil, thus
using at home the entire product of the cot
Lonseei in5teal of shipping to other points
10 be made into these various products.
Contracts are to be LIT in Atlanta IN a Iew-
days for tweye-story steel nreproof Office
building: S175. 900 depot in Galveston and
a 800 900 office building in 81. Louis.
In railroad matters there is considerable
evidence of increasing interest, and a num-
Der of new enterprises are being projected.
The Carolina Midland road has been leased
by a new company composed Of Southern
and Northern people, aad it is reported that
It will be extended to Char estOa or Slyan-
nah and westward to Greenyille or Ander-
T son. Contracts are to be let for line be-
tween Beaumont Texas and Port Arthur
I aght-me line is under construction IN
q Tennessee to reach phosphate BEDS COM
y 2anv has been incorporated to build belt
q railroad around Fort Smith and extend 1t =
coal mines five miles distant; the New y
Philadelphia and Norfolk line have asSed'
charter priyilcges4to extend their road aboN,
> 30 miles in the neighborhood of Portsmouth,
q Va: the Aransas HarsOr Railroad Company
o IF Texas has been chartered, with capital
q stock of So 900 900, by Baltimore people for
a he purpose of building an important line
Q ;or Aransas Pass number Of other railroad
" matters are under way.
v In the organization of industrial en- er-
prises. there is an indication Of somewhat
more activity and during the week large
number of companies covering a wide yarle
fv of industries we're reported.