The times. [volume] (Richmond, Va.) 1890-1903, 1899-07-28
ONWARD MARCH
OF PROSPERITY.
The South Showing Unusual Vigor in
Industrial Development
NOT CONFINED TO IRON ALONE
The Lumber Trade. Railroad ENpah
sion, Textile Manufactures All
Show that They Feel the I'm
petus OF Better Times.
NOT CONFINED TO IRON ALONE.

pArTuIORE. ND. July A.-spec'a.---
y-ftb one corporation operating .'
,,.ostor1 virginia and Eastern i''....i
...,,ri,o the country Tor two tho"9'"'
....,, ~, ,,-sh railroad construction 10 Ho"
-t4- Nth mon camped out DID lhe '''
-, district waiting for me conn
-.,.,, ~ dwellings,. with iron ore nuf
IT,. fr,,, the Tlan0 field in Texas I'D 1uC
s,,-,,cae ut Rusk. with the compiel'" ~,
3D.. oroorfzatiou of "a &.WpeJ IRON """
. ,.r,rauy fo operate Do AiA"""'",
Southern development duIlns 'h, p"''
,,eat has shown more Fieor iHa"
rha marked activity however -,
.,,,e7ed to the iron industry. 'o'''"
mill building and cotton MN NM,
Mon, cotton seed crushing. jet .i'@'l
,-.,,,f,,turine umberIng and railroad
'.rstruction have been qlickened. "ille
,l,. accumulation of banks in "ldeiE sep
80 comunitics indicates the strength
49, i,5ustrial and commercial advance
RAILROADS BUSY. l..,e
,r,, r,rroads with terminals no Gun
...r+s ,srtfctlarIv New Orleans ana 'al-
raston are prepared for "a hedFs -,'I''
....lrt ,novamont The business at teN-
.,loi, a. steadily increasing. AddltloH"l
..,,.f.o In cuba has been arranged lo'
,robua while there is strong pi'pai D,'-
a.. Dot "a new foreign steamship VIII N'
.t,rtad shortly from Sabine Pass Ovn-
.+r,ction up0n a number Of ro'H' Us ~,
cd, pushed while plans for new i'"ua
ana tho renewal OF old UNDERTAKINGS "i'
being made. -4o,..sis ,voo.
THE Manufacturers Record oil 'n'7 VS.
~oports many new enterprises 'H" -'o.'
chose detailed statements pare 9''''.
,,,sr,. as briefly told as possible ls give"
showing the remarkao.e ''llNl,s ''
Industrial life of the whole S'hlH
-. the textile enterprises contem-
,l.ted b. the development of the i'Ns OF
,bo Neuso river in North Carolina TOT
,,iri ,uruosos. A company mas nee"
formed with an authorized capital s''c"
~ $4,000 and l2l acres have been lu'-
chased including the water power r5h'9'
7-be prasont dam wil he enlarged more
,.atar wheels viii Doe Installed ana
t,-0o cotton factory viii Doe built. Ihe
snrinqsfoin Mills of Chester S. O.. are
~ 3D. ENLARGED and new machinery ln-
.f,dirg 600 snindles. is 90 be Installed
r,et Of 10000. The High Shoals
Manufacturing Company. Of High shoais'
a. has awarded contract Tor an
eouipnoent of 5000 spindles ana lD looil7.
n has been decided 10 start tho plant or
Tho ponnattsville Manufacturing com
,,,,,. an Rennottsville. S. c., with l0'v'
snindlas while additional looms VIII De
,ioced I'm the Monroe Cotton NILS az
Monroe Ga. and the capital OF the has o.
and phenix Mills OF columbus I'D WIN
~. ,,,crooeo9 nv $4,000 10 purchase more
ioorns contracts have been let for the
machinery for the Olympia NH ar 90
innbia s c.. which is 20 have lv'.tp
sr.indies and is capitalized al N,o"V".
other projects Include underwear lhll'S
~ Jackson. Ca. and Lynchburs, va
sale of 5000 acres of fine ore lana IN
We, Virginia has just been made to lhe
VIRGINIA Coal. Iron and Coke 'oilp'n9'
which NOW controls over a dozen III
49,. a,d several hundred thousand
acres Of mineral land. .,-
THE LUMBER TRADE.
rho lumber market has developed many
- ~ interest and the lumbermen
80 ,ho country are enjoying am UMPIRE
o.scrtod volume of business In heaily
oyerv avenue of the trade Inc u'iill''
during the past week mas snow" ~
sirns of falling of. while ON t'.s
4 ,,tlirnen in nearly all sections OF
- e.,,.h hove more orders on file than
~, can posslbly dispose OF in the. next
sivty DAVIS. stocks as rule snow no ac-
..,,,,,l,tion and az many points the
f,,,,bsr AZ shipped as fast as cut Along
,ne Atlantic and Gulf coasts shippers
are univ engaged. and domestic as well
a. foroiqn clearances are increasing
The spanish trade enjoyed by Georgia
.,inDors which laneushed during the
soanish-Ameri war, has again opened
,,, The gulf ports are an unusually
busy South Alabama lumbermen enjoy
i,,g remarkable era OF prosperity.
Tax,s ,unberman under an active demand
from points in the state and from the
territories are getting an immense volume
Of business. while the foreign export lum-
Der trade through Sabine Pass Is increas-
ing rapidly
There has been sharp advance In TIM
Der lands. and investors are East buying
10 desirable territory for future develop
ment. While the consumption or yellow
nine and cvpress is going on at a rapid