The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-07-15
SOUTH is WAKING UP
DEVELOPMENT WORK INVOLVING
EXPENDITURE OF MILLIONS
Is PROJECTEsD =
NEW RAILROADS BUILDING
Gigantic Operations Already Under
Way in Almost Every State 49,
south of MasOns and
D1xOn's Line.

BALTIMORE, July 14-The broadness
of the industrial movement of the South
has probably never been better illustrat-
ed than by the gigantic operations which
are summed up by the Manufacturers
Record In It's review of the Industrial
life of that section during the past week.
In the upper and central South the most
striking and far reaching movement,
of the day has been the entrance of the
Virginia. Caroline Chemical company into
the cotton oil business by the purchase.
of. the Southern Cotton Oil company,
which owns eight large mills, costing
probably more than $2,00Q,000, and Of q
large number of smaller, concerns repre-
senting an actual investment of several
millions Of dollars more. With a view
to carrying out this undertaking and for
the further. broadening of it's already
vast operations, in the fertilizer business.
the company has called a meeting of its
stockholders to authorize an increase of
capitalization from $24, ,0o000o, as at pres
ent,1 to s$50O00O04 1t Is not expected
that all of this will be issued imme-
diateIy, blite only as expanding business
of the company may demand,
At the same time in the far South Texas
comes to the front with; the organiza-
ton of a $30, 600 oil company, and in
connection herewith and practically by
the same interests, A0,090, 900 lumber
. company. The oil company controls
about 100000 acres of land, the timber
on which and large number of exten-
sive lumber plants in active operation
have been sold to the lumber company
making this one ofathe greatest lumber
undertakings ever planned in the South.
1t is stated that the daily capacity of the
mills owned by this company Will be
100000 feet of lumber; per day. The
oil compsny is organized for the purpose
Of developing the oil on the 100000 acres
of land "contro oliedsby 1t, and it's charter
gives 1t the right to engage in the REIN
ing and Transportation of oil.
Thus, with Virginia and Carolina on one
side and Texas on the other, these three
great corporations have undertaken de-
velopnnent enterprises representing many
millions Of dollars, while betweeen them
comes a wide diversity of smaller inter-
ests, Including the development by ST.
0O0,000 company of a water power near
Atlanta for transmission of electricity
to that city, the building Of $500, 0JO
rolling mill at Knoxville and the organ
iZatioh at Somerset, KY by Kentuckians
and Indianians of a $25e,0O0 oil company
for operation IN the Kentucky Tennessee
Il6IQ, ~ l. g7 iy
In the meantime the notable work of
railroad construction is being pusal;d,
particularly in the Southwest. Not the
least Important of undertakings of the
kind is the cons truction of the Gulf, Rice
Belt and Northern railway, which, it Is
annoHneedN will begin within a few days
This road is planned to extend 1S5 miles
from NVernillion Bay, La, to Naucogdo-
ches, Tex, passing through the louisiana
M ~
tween SIS, ,O00,0 coo and $40, ,OO0o, GOO have been
invested in land, mills, farm machinery
and irrigating plants during the past ten
years. The contracts for the work have
been signed, and it win be pushed with
the intention of finishing the road within
two years at an estimated cost of ST.
$4,000, which will include the first equip
ment of rolling stock. The parties inter
ested in the road contemplate, it is re-
ported, the purchase of a short line ex-
tending from Mcneil, Ark, to Bienville,
La, ninety miles and an ultimate direct
connection with New Orleans. Other
contemplated works are improvements
on the Southern Pacific system, involving
the possible expenditure of $50 000, GEO in
relaying track, regarding roadbed, elm
mating curves and the substitution of
metal Rridges for wooden structures. A
letter to the Manufacturers Record from
711 SSfeHStse S0ttt+E4sS Ms11ayS Gays LnaI the
matter is now before she board of di-
rectors of the 6euthern PACIFIC for con-
sideration
Other important projects suggested,
some of which may materialize, are an
electric line between Beaumept and Port
Arthur, Tex..-.to-freaehs the oil territory
in which Ohio parties are interested, an
electric line tossconnect Nashville and
Chattanooga, Tenn, running through
coal and timber lands recently acquired
by a syndicate of Ohio and Michigan
men, an electric line to connect Lexing-
ton, Georgetown and Paris, KY, and a
S5O-mie team line between Northern Tex
as and point in Kansas.