The times. [volume] (Richmond, Va.) 1890-1903, 1899-06-23
Signs of Industrial Activity are Seen
on Every Hand.
MINING INTERESTS PROSPEROUS
And the Indications Are That the
Boom Has Come TO stay - Much
Money is Also Being Invested
i'm New Cotton Mills.


/ the Manufacturers Record are the con-
tnued activity IA the enlargement OF es-
tablished cotton mills and the building
of new ones. 10 IS especially noticeable
that throughout the cotton mill districts
OF the South the new mills are being
built very largely by local capital, and
arc To- be managed by local people. The
| pre-ominont success of the textile Inter-
ests of the South has encouraged the In
| creasing investment of local money IN
/ new mills. and at the present time noth-
| ing else seems 90 appeal so strongly 20
| the local people as cotton mill Invest
Z ments.
The same thlns should be true in The
/ development of from interests, Tor the
/ S0uth's advantages for cotton manutao-
turing are not greater than IT'S adyan-
/ tages for iron-making. and though me
/ iron interests OF this section have passed
through "a long period OF depression as
/ in an other sections they are now Pine
nomenally prosperous. and the entire out
/ put of Southern pix iron is to-day propa-
bly being sold al 100 per cent. above the
! cost Of manufacture.
MINING INT ERESTS.
Outside capitalists. realizing the SOuth's
advantages for this industry are making
f1it i"l ~" r'-i-ir.'.' DID,.
and iron properties, and foo the purchase
Of idle furnaces Go Doe put into operation
as rapidly as possible. Some extensive
combinations are being formed boz addl-
ton TO those which have heretofore been
announced. and AN Indications point TO a
very great development of the coal iron
and steel interests OF '"e ""o.e ''i -..ols
from inc f"slHia' 10 -
might ne Some i5's'l ,D u9-ul que LIZ
CON 1a'i1. vi 'iie
ana lAe b4."' i'oN'' "...1. que .' 49,.
leies.7 vi '"e COUNT arc "'" g"''' ''-9'
out loI lne l"ct i"al i' N'Il.l""s '.-
l.ar conoilloH He7 existed loi que '"'1
three OF -FOUR years without any s.6"s
oI lel-up. a. letter received by 'ne AaH'
ufaciurers Record to-day states lAat
German iron works are unaole lo ACCEPT
orders 60 Dee nlied "i1hin Twelve iH'H."s'
haEns sofa thef eHlie product a"e'u'
ana ll some gases a7 pan ID" -.o
7 ....-, ','.'- .'-....'-l,,s .'. ,t...
~ ,,.l. -. and tifl r-o.no-i,,. tss
lasted ,,.trou- F-sal- f,r some Wears.
and ~ tbo r-4sant dime there B. AN fr-
.--a.,r,, .carolty 90 iran in EnQlarf
v.i+b "a stsaf. advance ln nrIoes r f6at
r..rt.t .r.. rov.-,ar r,llh ue NAV
Boz Inclined to lo1i, uror fhfs advance las
~ nr..ab,. Short l.rltion. because off
The difficulty oil believing chat such
period of activity and prosperity can cone .
tuu. l0r auy great lenefh 0f Time vat
lu of fle conditions n this country and /
in Germany aud England would seem o.
indicate tnat the result must Doe AS pre-
dicted oy Bly, Abram $. Hewitt .n BIS re-
cent letter ID me AtniiactAi 'ia D. .'''. /
In "hi-n he TOOK me ground tNAl iNeit
"'ula De continuance 9l ,Nl7 4"'N '-
business Tor el leasL Two or .l.-- eti''
~ LADl ADV NN~-.
stimulated py ins prosperity oI inc IRON
ana cotton inieier = oi ihe aoa.h, lh''r
is general tendency i1 improvement /
ihr9N spout lhat whole section. ana tI.
-NIn- Aoietiea 3.e-Nt ADVANCE el .'e
-". -i'
d" -..' "--''''. ''
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b.. ... ...,, tl...... rr.t .s,
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4,I.l D., ..-.t,' i,-..+'l ,.. t..T
d. - --+-.t. ,...
M r ...-.t...+ ,-t.....i AMI l,.. /
-...'l.- 49,. ,'.,''..,., ID. .,....H,.
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,.,.r. .i, -'...,.' .,r d.. ,..i-,sI M, -..s -l.s
..,,e, r,f,..- ,-.u.,. fr,r rs,ir,b.trt.- fa /
.t.. ,r-r.r..a- b. HEINZ. surveyed Other /
-,tr..d art.rnriers ar. concentrated f0r /
frat r..i.1 charter has boar granted |
-.ft.t B.. g.. .....I ..