The times. [volume] (Richmond, Va.) 1890-1903, 1899-06-30
GERMANY FEARS
AN IRON FAMINE
She Watches Development Of Ameri-
can Trade With Interest.
SOUTH'S INDUSTRIAL PROGRESS.
Phosphate Industry VIII Build New
Railroad in Alabama Many New
Textile Enterprises Reported
During the Week.

BALTIMORE. June 9-spccial-South-
ern iron matters and men interested In
allied industries may derive much inter-
est, II not satisfaction. from current re-
ports Of conditions I'm the German iron
and coal trade. Tho Increased activity in
the iron trade OF the Empire is causing
a decrease in the exports and an increase
in the imports Of iron ore. and the coun-
try is becoming more and more depen-
dent upon foreign sources OF supply. In
connection with this situation the Ger
mans are watching the developments OF
the American iron trade with cver-grOw-
Ing interest. From all quarters comes
news of establishments working 10 their
utmost capacity. and consumers c.amor-
ing for tho delivery OF goods ordered long
ago. At the same time the shortage in
material has become more pronounced
Referring to- this the Berlin corresp ondent
OF the Manufacturers Record says.
FAMINE FEARED.
During the past few weeks q, has free
Gucnty happened in The Rhine-W cstphal-
ian district that works have had 20 shut
down temporarily for lack OF materials
The scarcity of pig iron is expected 90 be-
sull more severely felt in future. and the
leading iron men of Western Germany
are fearing q regular iron famine next
year Works which DO not produce their
own supplies of iron arc much concerned
at the outlook. Already orders for a0 200
tons of pig iron have been refused by the
syndicate because they were not in "a poe
sitiOn 90 hH them. The united blast fur
naces. although they have recently raised
prices about $3.50 a ton for the first half
Of 1900. will Doe able % supply only 5J 90
c0 per cent. of the quantities demanded
New iron works now ready to go into
operation are standing idle because they
failed 20 place orders for raw materials
early enough. and some rolling mills have
! begun 10 import English puldod iron.
although they had 20 pay about $3.50 per
ton above the price I'm Germany. Under
such conditions. of course. German prices
| have further advanced. Indeed buyers
are now so importuuatc that they are
themselves bidding up prices. and a re-
markable thing happened recently when
the producers themselves came forward
with warning against an undue rise of
prices. claiming that it IS tho buyers anC
not sellers. who are now making prices.
FUEL SCARCE ALSO.
"The shortage of iron is paralieled by
a similar shortage Of coal and coke II
IS All4 fNrNtNlN tt AltAtlN '.N'N fi" tt.I.l..NH
10 is wanted. and. as for coke many fur-
naces have had 90 put up With am ilfe-
ror article furnished by gas plants
Other establishments are buying Enei
coke az nearly $3.50 a ton. about 2.eo
tons have recently arrived on the lower
Rhine from England.
During The week in the Birmingham
market there were plenty of orders f9r
moderate and smaii-sizcd lots of iron,
and as a rule they commanded whatever
prices were asked. III orders for spot
and nearby deliveries could be met. the
trade would Doe lively. AS it is. the mae
iority OF orders are decliucJ. Warrant
iron is moving out az The same rate aa
last month
To BUILD a RAILROAD
s development of the Florida nh0enh7tc
industry az Dunei0u has led the Dunol-
Ion Company 10 build railroad % .e
known as the Port lug.is Terminal aui
incidentally two towns. The road VIII
extend fourteen miles. almost in an air-
line. Oh Port lnglis Citv Cn the Nlih1-
coochee river. There win Doe warehouses.
ef0rohouse4. ehiryarls dry DOCKS auI
saw mill From this point the rh lh1te
viii Doe transported down fne '.r.r '0
basin off Port Ingis on Chambers island.
where YES e's can Doc loaded .0 twenty
two feet THE undertaking VIII neD'
-1' o." a.. ,.,r ,.fr D.. r.---
I' ,,.,..t, ,l.l ,...r..... having
e,t.t.l ,fro.f,.
49, t,c tevfue extensions rDn9-tor
5r,,ro tbo mast week arc a rrd mu
NJ tho Union IS a. Cotton NHUs. WITH
10000 srfndfcs. and 1900 looms M addi-
tlonal looms for the Grenic. MI-
Greenwood S. GA thrce-storv building
f-D nv oo feot for fhe r-!1t works of
T. crf.l c SON. OF Wheeling 49, va
tha aadi., n IF 1000 -r.ndlos ODD the plant
of fbo eleh.cord factory OF Che 3D. A..
Robins Crrnarv. al Charlotte. " c..
n s7q 00o addition 10 che Tvnehhare Val
cotton Minis. the doubling of tre caua .ty
az the Thistle Mills. at Icheeter Ni. and
the addition of 200 looms ana 5000 sn.n-
dies 10 The Clinton IS CD Cotton Alls
NEW INDUSTRIES
Tho following are the leading industrial
announcement Of The week hy flc fIauu-
facfurcrs' Record.
Tvontv-fva thousand dollar telephone
oor1ranv 500 rm foundry and machine
t .r.r. .hcrf.. nu. fertIlz.-
works t7- 600 iron mining company co.
.on ou mill sa0O3 water-power electrical
deveionuent. and $1,000 e~a-l.tc mining
cororanv fn Alabama: 1--harrei 1lur uil
e-lla milling company 10000 mmfer
comnsnv and $4,000 electrical company
f., Arkanea- tran0 br,c., naruflcfu-.ne
,..,..,,r,. ir r-io~ids. 5000 eto,r, laundry.
se- oao ,o++ro fartorv and s9l0l krittir~
min O., caorgia $4,000 motor vehicle come
many $4,000 lumber mill and tlroa s..Ol