Okolona messenger. (Okolona, Miss.) 1900-current, 1903-10-14

balance on the shops at Sheffield is e17, ,5g9.17.
New yards &C East st. Louis involved a cost Of
e42, 155.39; additions to the yards at Princeton
S54, ,90740.
The several spur extensions constructed to miDes
principally in Alabama and Tennessee, represents
total Of sS4, 56762 while the net cost OF the add
ona passing tracks and tracks to 10 iustria pants
less side tracks taken up, is e247, ,3O6 SO. As
stated, the total expenditures under this heading
''neW construction and real estate, is e2,306 7S1
New and additional equipment was purchased
during the year amounting to 1890, 1O2.OS.
Speaking OF the facts set forth in his report and
Of industrial conditions generally throughout the
Southern States, President Spencer said in recent
talk With representative Of the Constitutions
''The industrial growth Of the South has been
remarkable. While the development for the year
ended June 80, 1902 was quite unprecedented, the
last year exceeded it by IL per cent in the capital
invested in tTaficprOducing industries on the
Southern Railway System proper. To the year pre-
viOus such investments we're very generally Of the
character Of new enterprises involving the purchase
Of premises and the erection Of factory buildings
while during last year, Investments we're more
strictly In mine factory and mill equipment design
ed TO increase capacity Of output. Investments OF
this character along the Southern Railway lines
very much greater last year than the year prev
ious and, OF course, that implies coFrespOndingly
heavier tax upon the physical capacity Of the rail-
road to move the traffic. During this last year the
increased investment in coal mines, lumber mills,
iron mines, wood working plants and other closely
related interests which the producers Of largest
tonnage, was even more marked than 10 other class
es OF industrial enterprises.
'sThis gives an indication OF the traffic require
ments imposed upon the railroads in addition to
the usual crop movements and emphasized the i'm
pOTtance Of the fullest corporation Of a interests in
every way possible to relieve possible transpoTta-
tiOn congestion. This congestion s not limited To-
the south. It is more or less general throughout
the country; both in the sOuth where the industrial
awakening has been relatively the greatest IN q
short space Of time, the situation hes been more
difficult to forecast, and to reasonably provide for,
than in other sections where industrial changes
have beed more gradual
'FThe extraordinary industrial growth Of the Sec
tOns OF the territory tFaversed by the Southern Rail-
road lines imposing trying task upon the
rolling stock equipment Of the company, aud des-
pite the increased facilities which have been pro-
vided for handling the increased volume Of general
trafhc-ipcludIng 207 new locomotives and 10, 625
new freight cars within the last three years-the
company may find itself at times somewhat emhar-
rassed, uDess it the co operation and as
sistanCe Of its patrons The company can be mater
ally aided in it's effort to move the large volume OF
traffic impending including the cotton crop, which
promises to move rapidly, through the prompt load
ing and unloading Of traffic. and in the interest Of
all concerned il is hoped that patrons generally viii
operate to this end. d."-COnstitutiOn, Atlanta Ca