The Bryan daily eagle. (Bryan, Tex.) 1895-1898, 1898-02-06
TURN 70 THE SOUTH.
Cotton Manufacturing Giving the
Greatest Promise Just Now.
VALUABLE IS laE CHANCE.
The New England strike Il Helping the
South. aud with Little Encourage
msnt Northern Capital Can
ne Secured.


Baltimore, Feb. GA general survey
Of the southern business situation shows
that Notwithstanding the low price Of
cotton there Is a marked tendency 10 in.
dustrial improvement. Throughout the
entire south there IL much activity
among trade organizations In planning
for the development Of the manufactor.
les Of their various communities. This
spirit Of activity, coming In connection
with the remarkable interest that Is b.
ing aroused throughout the whole ooun.
Try In the advantages Of the south for
cotton manufacturing, 10 which the
leading daily papers Of the north are
now giving an attention never heard Of
In the past, gives promise Of materially
stimulating the investment Of outside
capital In the south, and alsoof awaken.
ing an Increased interest on the part of
southern capitalists In investments In In.
dustrial undertakings.
While cotton mill interests through.
out New England are gratly depressed,
thousands Of hands are on a strike and
many mills closed. Il Is believed that
not a single coitonmil in the south has
shut down or reduced the wages Of Ia
b1r during the depression In this busi.
ness The Manufacturers Record, IN
referring 20 these facts, says:
I'm the cottonmill situation in New
England Is ono Of the greatest opportu.
mites for industrial development ever
/ presented 90 the south. Cotton manu-
+ featuring ia New England. roprcscnting
an investment % oyer S3O0,O0O.000, IL
the basis OF the enormous industrial life
Of that section. and represents the con.
quests Of natural Disadvantages by a
combination Of energy, uurcmitting en-.
teprise and activity. But thcp is q
limit 20 such attainmenis. Artificial
conditions may for a time BE- main.
taincd by such efforts. even when op-
posed 20 natural laws, but not indeh.
niicly. According 20 the IMPORT Of the
Arkwrirht club. the exponent of New
England cotton interests. the limit In
the case of that section seems 10 have
been rached. The opportunity for
bringing 10 the attention Of the entire
cotton manufacturing interests Of the
country the general advantages Of the
south affords a chance never bcfuro pre-
sonted Of turning capital into this in.
dustry, and 10 help on this good cause,
The Manufacturcrs Record viii b. sent
regularly during the next thrcc months
Co every coitonmill company In New
England and the middle states not now
subscribing and the leading cottonmul
investors OF that section
In the iron interests Of Alabama
there Is increasing activity. the output
being unusually heavy, with a steady
expansion OF the foreign trade. the cx.
ports Of pig iron for the present year
. prmising 10 average over 1000 tons a
day A dispatch from Birmingham "a
The Manufacturer Record. rferring
% the runner of an intended investment
there Of $1,000. .OO0 ina steel plant by an
English syndicate. states that invcstiga.
tions have been procceding BY English
men, who ar prepared 90 invest from
sl,O0O,O0O 20 S,0Oo,Ol0, bu; they desir
to purchase an established plant rather
than 10 take mp an entirCly new enter
prise Tor development.
Among the principal announcement
Tor the week arc an iron mining com
pany In Alabama, 10 ship 500 tons o
, iron orr daily a $4,000 packing hous,
and a $4,000 implement works In Flor
da: knitting mill, furniture factory 3,
employ 100 hands, and a SeO0. 900 cottoi
, mill In Georgia; a $4,000 botiling an,
cDad storage plant, cloth factory % en-
ploy 300 hands, and a $4,000 publishing
company In Kentucky; a ti00.OO0 olcc
trical equipment company In Maryland
$4,000 -four and grist mill in Missis
nppi; g0hrrel -four mill, furniture fac
tory, s25,0Oo mining company, and io
factories In North Carolina; 10000
lumber company aud small enterprises
IN South Carohna; $1,000 -four mil
r company and See factory in Tennessee
! $4,000 lumr company, $4,000 oI
company, $4,000 box factory, 5000
mining company, $1,000 machiner
4 company, si0,Ooo hoe company, $500
sugar uanory and $4,000 icc compan
IN Texas $4,000 gas company In Vh
rinia si5o,oo0 salt company, $1,000
coal and cokc company, is5.ton iccplan
in West Nirrinia"