The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-11
COTTON AND IRON.
Bright Outlook for the Former and
Healthy State OF the Latter.

BALTIMORE, Nov. O-Speoial-To the
great natural advantages Of the South,
the propinquity of raw material for manu-
facturers and for the power to operate
the machinery therefor, is TO be added
another advantage For several years
Mr.. ID. a. Tompkins, OF Charlotte, y. c.,
has been developing an idea that the
baling OF cotton can be eliminated from
the movements now necessary to bring
tho staple from the field into the shape
OF marketable cloth Tersely stated, his
lea is in effect the manufacture Of cot
ton In the field. He is sDout TO realize his
idea and has perfected arrangements for
the construction Of complete plants to
work seed cotton as a raw material Ii
IS proposed TO construct plants In which
the cotton will be ginnod and the seed
crushed for oil. meal and hulls. ana the
cotton spun and woven. The machinery
for the plants will be assembled In COM
bination with a Western and a New Eng
land firm, and IL Is expected that the
success OF the undertaking VIII reduce
the cost of cotton manufacture still FUR
Their In the meantime. the cotton mills
OF the South have experienced but little
depression from the political campaign
Just ended. They have had orders ahead
20 work on. but with the closing OF the
polls they anticipate a fiood-tide Of busl-
pess. At no time in the history of the
South have the cotton interests present
81 a brighter outlook.
The iron industry is in an equally
healthy state. Special correspondence Of
the Manufacturers Record from Biz
mingham says that the shipments of iron
are increasing. Every car that can be
utilized for the purpose Is being pressed
into service. Flat cars are boarded up
on tho sides and ar the ends and loaded
with Iron. Even the gondola cars. here
tofore exempt from such services, are
male to meet the emergency. one line
OF railroad sent out In one day twenty
solid trains Of iron for export, and on
another day fifteen trains. Some OF this
iron was billed 10 Jerusalem.
During the past week an order for
i00e9 tons at a price temptingly above
tho price for domestic trade was declined
for export because the seller could not
supply it. The question IS soon likely to
come 10 the front regarding the ability
To meet the demand without adding 60
the number OF furnaces Ia blast. as all
OF them at present are turning out a
full capacity.
A number OF important industrial es-
Adjustments were announced by the
Manufacturers Record. Among them
were; $4,000 cotton gin works at At
lanta. Ga: large cotton mill az Rock
mart Ca. by a New York company:
10000 lumber manufacturing company
al Ocilla. Ga: $4,000 lumber mills ut
Macon. Ga: cotton wire, rod and nall
mill to cost 100000 at Birmingham,
Ala: $4,000 -four mill at Ashevile Ala:
$4,000 lumber company at Mobile. Ala;
$50 900 chair factory at Birmingham, Ala:
$50 000 electric light plant at Pratt City.
Ala. 10000 zinc mining company at
Harrison. Ark; 10000 printing company
az Jacksonville, Fla. 7-ton ice factory al
GLASGOW. Ky; 100000 sheet steel mill at
Newport. Ky; $1,000 lumber company at
Mt. Sterling. Ky; 10000 Improvement
company at Louisville, Ky: si00,000 rub
Der company. 800 eco fertilizer factory.
$4,000 gun factory. s2o.0oa button com
pany. $4,000 tee company and 500 200
brewing company at Baltimore. Nd:
$40 900 Improvement company at Licking
ton, Mss. s25Ocoo steamboat company
at Vicksburg. Miss: $4,000 ice-cream
freezer company at fernando. Miss:
$4,000 furniture company at Lexington,