The suburban citizen., 1900-04-14
NO. H..
SOUTHERN DEVELOPMENT.

The frst three months OF 1900 present n
most striking manner the phases Of mOdeES
cotton mill building In the South. Tive
points about this movement ar8 notable,
One Is that men who have made pre-emls
nent success Of the business are most active
In the enlar cement OF the industry, either 10
extension Of their own mills or ia che con-
struction OF new enterprises. Phe other Ia
that the interest In cotton mill building has
taken deep root In States, such as Missls-
sippi and Texas which have heretofore nOt
been classed as cotton mill localities. The
exhibit OF progress is so remarkable that tho
Manufacturers Record presents this week
summary Of new undertakings since Janu-
aTy l, and list OF mills wholly or partially
contracted for, both Ia buildings and na-
chinery. The total number OF spindlS8 Ia
ths ca new mills is A30, ,00J, while In the 90
mills reported since th8 first OF the year a.
being enlarged the number OF additional
sptndles 10 164, ,963, a total Of 69A 969 spindleat
representing about s15, 200, 600 OF new capt
tai.
Other interesting facts connected with
eouthern industry brought out in this weeks
Manufacturers Record relate 20 the pros
peols fog American steel during the next
year or two. An eminent authority quoted
estimates that the demand for steel rails for
repairs alone for 1900 will reach fully /, co.,
OOO tons, and that tho quantity required for
1901 will probably exceed these 1gures. The
demand at home has had q material effect
upon the export market, as several Of tho
larger manufacturers OF rails have not been
rs energetic In securing foreign orders, bAv-
Ing their hands full with American orders.
The companies competing with European
steel makers, however, have met with con-
tinued success, tho demand for their pro-
ducts having steadily widened, 30 that tho
exports Of steel rails this year may be OK
pected to be much larger than those OF last
year.
An interesting side light upon tho Iron and
coal situation Is given ia tho speciai Berlin
correspondence OF the Manufacturers
Record. Though local coal conditions in
Germany have become somewhat better, this
| correspondent finds that many establish
| ments face the alternative OF closing down
or buying English coal at prices averaging
| above So . ton. He adds:
1.-THE situation now prevailing In the Ger
man conl trade certginly offers nrsrs OppOE-
lunity to Amorlcnn exporters, provided they
can spare considerable quantities for this
market. At any rate, It would be worth tho
sfouble OF our producers 20 strain q pointI
now TO enter the German market so as 20
establish permanent relations with consum-
FRS hire, for no future event can DO more
certain than that tho inexhaustible coal rs-
sources OF the United States Aro going to bo
drawn upon by Germany, as well as other
Continental countries, from now on to an
! extent that nobody has ever dreamed OF
heretofore. The cheApness Of coal IN the
United States is q permanent factor as com.
pared with European conditions, and It may
bo regarded as certain that prices hero will
newer again reach tho low leyol prevailing
before tho present great boom set In. Goa
sumption has bCen permanently enlarged
here In way that excludes tho idea thab
coal can ever again reach tho old levcl OF
prices. As I SEQ the situation then, thera 10
an immense future for tho American eoal
industry In tho European market, and the
dove.o opmeut Of oar coal exports viii soon
surprise the world So the same manner az
our exports OF iron and iron manufactures
have already DONE"
There has boen, this e0rrespondonE saws.
general advances In tho prices Of iron, aud
he assumes that present prices In Germany
will be maintained for at least the whole Of
next year. He adds;
"Tho recont Rdyancrs OF price apply to
next years contracts, wuich 0re now being
signed. Some departments Of the trade.
indeed, have refused to biad thcmsolyrs be.
yond the first six months OF 1901, and this
decision Is undoubtedly dietatcd Icy tho ex.
lectation that the American mgrkos VIM
begin by that time TO exert Col sid rabls
Iressuro upon EuroTeOn prices. Indeed, all
signs point to continuance OF tloTr, sent
remarkable scarcity OF pig iron intO neat
year. One difficulty in tie near tulura Is
that the furnaces have boen sunnlpg under
pressure for so lopg tine that many Will
nave to be blown out soon for rrl sirs. Al.
ready there. has been q slight sloN lng up OF
production through this cause, and Il viii
prObnbly be ttill more fcltlA thO near future.
In roll q iron ard steel mills nr already
being made extensions for n. xt ycqr, but The
rolling mills are not disposed 90 bid iboai-
selves for 80 long Poriod. 1hls 70 q iurih-
or striking Indication OF tho alrVpgyh OF she
situation here as peen by the pi iouucers then.
solves. IN view OK tho conditions just de-
scribed, It 10 very s. Dernlly believed that the
present loom IA the iron trade here has sim
the promise Of long life IN IT, ~ Ear as caa
b. judged now, it SO, ms lrlpro6Abls that any
sorlous relapse can occur IN lesi .hLn two
ycars. ConsumFt ton in Oh linoe T. troadcn-
Ing out ia way thut tho rnusi sasgaiao
Slirits n1vor daIcd to Rups;t, and nobody
can point to q single fact IT, iho whole situs-
lion that # dlcat e ganlag II I Q present
movement now or within tho near futura"
CuTfeW Law in Elkina.
Elkins, ". Va. Especial. Mayer Irons
has Issued D pTOeiRnatiOn eAiorci tho
'eurisW" ordinance. by which all children
undcr nlfk, On voars OF I'm ~ n ba a oakad II