The times. [volume] (Richmond, Va.) 1890-1903, 1902-07-26
STRIKING SHOW OF
SOUTHERN PLANTS
Textile Industry Has 0utstripped
New England Wonderfully.
AMPLE WORKING CAPITAL
Southern Cotton Men Realize Fully the
importance Of Varied Products, and
of Keeping Up Prestige Of
Their Products.

BALTIMORE. July PA striking de-
rncrstration of the progress made in the
Southern textile Industry IN comparison
win that of New England and the rest
or The country is given by figures of the
capital invested and the value OF products
IN 1850 and 1900 tabulated and analysed
In this weeks issue of the Manufacturers
Record.
Years was for the United States from
ss1o -o1 1as to 81 49, or s5ss, 234 496. equal
to Jap per cent: for New England. from
saG1, 5d 147 to s524.S99.se2, CT s26S, .2l3,
equal to LOG per cent; for the South from
to s14e. S4o.1 1856. or sl21, 461ol5. equal
to ATS per cent
The increase in tho value OF products
during the came period was for the United
States from $685.. 613.4SS to SSS3,s3322, $50. or
1851, 219471, equal to IS per cent: for New
England from 1910, 542, 352 to s4l2,S15,9Io. or
S102, 1873 623, equal to 80 per cent: for the
South from sac 63s. 246 to sl14Ss7,6s6, or
$50, 24e, 422. equal to S4s per cent.
GROWING IN VOLUME.
In 1880 the iuvestmen ts In the industry
in the South represented six per cent.
Of all in the country and in 1860 IA per
cent In tho same period the percentage
Of the value of the product In the South
to the total for the whole country ad-
VdnCed from TOUR 10 tIlTleel
Since 1900 occurrences. such as the
Boxer outbreak in China have led the
Southern mill men to give greater atten-
ton than ever to the matter Of main
taining the prestige which has come to
the South with the increase there Of in
vestments in mills, largely dominating
in the output of the coarser goods. Their
importance In that respect and In con-
nection with the Oriental trade has come
t. be generally recognized. as well as the
fact thay to maintain 1t Southern mills
must be steadily changing conditions by
keeping their equipment abreast OF i'm
provements by diversifying their pro
cesses and by economics in management
so that the mills may meet their share
Of the demands for varied goods from
many quarters and may have ample
working capital to meet every possible
emergency.
Such necessities have sometimes been
forgotten in the wonderful prosperity OF
Southern mills, but now even the record
of the gratifying advance made during
the past twenty years Is not obscurinG
them.
LARGE DIvERsIFICATION.
Diversification, toward which the
southern cotton mills are reaching. is
urged by the Manufacturers Record
upon the numbering interests CT the
South. Referring to the products Of
saw-mills in the country. it shows that
OF the total value in 1900 the bobhin
and spool stock was s525,257, of which
s294. 7o5 were credited to Maine. sn39l6
to New Hampshire. and s4A $50 to Yer
mont. while but S34,s60 were credited to
Tennessee, which led in that respect In
the South The total value of furniture
stock was 81 SS5, 164 of which S462, 702 were
credited tc. Ohio, $240, SOS to Indiana, sos,
70: to Wisconsin, s115lS9 to Vermont and
I24.e96 to Arkansas. The total value of
AGRICULTURAL implement stock was $3.50
O65 Of which s277,396 were credited to
Indiana, s54c51 to Ohio, and s75,712 to
Arkansas The total value Of carria &c
and wagon stock was s1,765067. of which
s495. c99 were credited to Indiana. S4S.9S6
to Ohio, s290995 to Arkansas. and s1l7,-
500 to Tennessee. In 1900 there were cut
/ S63 15S, 900 feet c'f timber in Arkansas,
a51. 4oS. 600 in Tennessee 961, 600 feet in
Ohio 9S. 900 feet in Indiana, 5l6,4 ,ooc
feet in Vermont. and 5t9,6S6010 feet in
Maine.
Even considering the adaptability OF
certain timbers cut in four of the north
ern States mentioned to the special
stocks in which they lead as producers.
it is obvious that the two southern
States, which are in certain sense
typical are not handling their timber
products to the best advantage.