The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-06
new ERA FOR THE
SOUTH IS At HAND.
Striking Illustration Of Recent In
dustrial Development at Spar
tanburg, S. G.
CAPITAL ALIVE TO CONDITIONS.
Marked Inclination to Move South
ward-Special Correspondence
to Manufacturers Record
From Scenes Of Activity.
CAPITAL ALIVE TO CONDITIONS.

REPUBLIC SPECIAL.
Baltimore, Nd, July 5-There is a little
city in South Notwithstanding with
1895 inhabitants, in which are the head
quarters Of a number Of cotton manufactur-
ing companies. Its growth may be taken
as a type OF the progress Of other Industrial
centers.
Correspondence from there, in this weeks
Manufacturers Record. tells Of the semi
annual dividends. ranging from to per
cent paid by these corporations on stock
ranging from 100000 to 100000. 1t also
tells Of other dividends. including those far
ahead.
The correspondent adds that every dollar
Is in action at the present time and that
some OF the results are visible in the con-
.struction now under way Of two $1o.00
houses. three others costing $4,000. $l2,-
0OO schoolhouse and a $4,000 college dormi-
tory in the city itself, while within twenty
miles Of the city two large cotton factories
are being built.
Never before was there such a demand
for brick In spartanburk as now Other
projects connected with the cotton industry
include the award during the week Of a
contract for the erection Of two-story
building, 40 by 60 feet. at Athens, Ca, IN
which will be Installed twenty knitting
machines. complete dyeing plant and q
ton of about LEO dozen pairs Of misses and
children's hose; plans for $4,000 knitting
plant at Baltimore, to employ 20O opera
'tives, with daily capacity OF ~ dozen
suits of underwear the letting Of contract
by the Yazoo City, Miss, cotton mills for
the 150-horse-power steam plant for its mill
building. in which 5000 spindles will be In
stalled, and the letting of q contract at
S1S,350 for the erection Of the textile school
building for the North Carolina College OF
Agriculture and Manufacture Arts at Raj
eigh for $25 600 worth of textile machinery
has already been given.
Capital Moving Southwark.
This will make the fourth school Of the
strikingly suggestive of the trend Of public
sentiment toward preparation for the work
which the South is to accomplish as q cot
ton manufacturer. as well as potent factor
in other lines of industry. whether revealed
in the export during twelve months of 1904
tons OF pig iron through the port of New
Orleans, the mining in the first six months
of this year of 1ss,s94 tons Of zinc ore and
more than A.e01G00 In the Joplin, Mo-. re-
gion. or the activity in all developments in
Kentucky and Tennessee and in Texas.
Special correspondence OF the Manufac-
turer's Record from Beaumont reports con-
siderable boring outside the territory around
Beaumont. but no ascertained results.
though In the Beaumont region two sushers
have recently been added to those hitherto
struck. One of these has depth OF slight
ly more than a thousand feet. 1t was struck
unexpectedly and blew the 2-inch pipe
clear out of the we'll. carrying away the top
of the derrick and rising to a height OF 200
feet.
All of these developments have given an
impetus to the inclination on the part of
capital ard population to move toward
the South. and this movement Is being en-
couraged by many leading newspapers and
by State and city organizations Of estab-
lished position.