The times. [volume] (Richmond, Va.) 1890-1903, 1898-06-24
S0UTH'S IRON INDUSTRY.
Destined 10 Become the Centre Of the
Steel Production Of the W Orld.

DIAL lAAlOltf., ND, June a3.-SpeCld4.-
After several years OF uncertainty In
financial circles and in the midst Of the
excitement consequent upon a war with a
foreign nation, the centre Of the iron in
dustry of the South, which IS destined to
be the centre OF the steel production Of
the world, has become the home of an
enterprise destined TO have a marked
effect upon the deveiopmet Of all that sec
ton.
Unusual significance attaches. therefore.
to the organization at Birmingham a few
days ago OF the Alabama Steel and Ship
building Company, with a capital stock
of $4,000 and with authority TO issue
SLIGO go Of bonds which will build mil
lion -dollar steel plant at Ensley.
The Tennessee Coal, Iron and Railroad
Company. which is the parent of the new
undertaking. has demonstrated satisfac-
toriiy the suitability for basic open hearth
steel purposes OF the pig iron produced
in the Birmingham district from local
material, and 1t now proposes after hav-
ing sold fully 10000 tons Of the basic
metal in this country and in England,
Germany. Italy and Russia 10 engage in
the manufacture OF steel itself. The new
plant, with the addition Of the blast fur
naces that will be required the ore
probably 1000 more men. Commenting
upon this enterprise. the Manufacturers
Record says:
Here will be work for artisans of diff
ferent kinds. 1t is not unlikely that
around the new steel plant will be gath
ared industries such as steel. wire, mai.
works, plow factories. rivet works, etc,
lager and ready 10 take advantage Of the
first hand opportunities which have made
the establishment Of the steel plant a
possibility. The result will be a substan-
tial Increase OF thrifty population and a
constantly expanding opportunity for other
persons 10 find prolIaD.e employment a.,
the prophecy contained in the words,
steel and shipbuilding,' is fulfilled.
Now that the needed capital has been
raised and contract let for the great
plant which is to have a daily output OF
/ 900 tons, not only Birmingham and Ala
bama, but also the whole South may well
rejoice 1t is the most important step
in Southern Industrial development for
many years, and its influence upon the
diversihcation of Southern industry and
the upbuilding OF this whole section can
not well be overestimated. The announce
ment that a dozen big cotton mills would
be built in tn eSouth by New England
mill people would not be as significant
as TO the future of this section as this
one great steel PLAINTIFF one Industry
that has been absolutely needed TO en-
able the South TO so forward in iron de-
velopment."
Other new enterprises announced dur
ing the week in the Manufacturers Re
cord included 5OO-bushel feed and meal
MILL Cotton cotton seed oil mill in Ala
bama: 100000 milling and mining cont
pany in Arkansas, 6,O10-spinde and 20
loom mill In Georgia: SIS. 900 electric light
plant in Kentucky; $4,000 electric plant
and water works In louisiana cotton COM
press in Mississippi. acetylene gas plant,
$40 900 foundry company and extessive
irrigation system in North Carolina; 40
barrel flour mill In South Carolina; Ice
and cold storage plant, $4,000 oil manu-
featuring company, $1,000 marble COM
pany. 30-barre flour mill and 800 600 fer
tilizer works IN Tennessee; $4,000 oil
company, $4,000 gin and mill company,
s., 600 laundry company and $4,000 oil mill
In Texas; 5000 lumber company in Nir-
ginia; $4,000 glass works, $4,000 lumber
company and 5000 telephone company In
West Virginia.
Among the buildings announced was n
$4,000 cathedral at Savannah, Ca; 5000
jail at Madisonville. Ky; hotel at New
Martinsville. W. Va; bank building al
Anderson. W. Va: $4,000 church at At
lanta, Ga; $4,000 hotel at Magnolia.
Miss: 81, 600 and $1,000 church at Louis
willie, Ky: $1,000 city hall and market
house az Victoria, Texas: $4,000 ware
house at Charlotte. y. C.; 30-room hotel
at Bolivar, Mo. $50. 900 society building at
Louisville. Ky; Masonic Temple at VII
mington, y. c.. Opera House at Jack
sonville, Fla. $4,000 school building az
Newport News. Va. hotel at Welsh. w
Va; and bank and hotel building at
Westminster. Nd. III