The Montgomery advertiser., 1904-07-30

prise Incorporated during June IS inc
South Atlantic and Mexican Gulf RAN
way, which Is to be 925 miles long, OK.
tending from Savannah, Ca, southwest
across that State into Florida, ano
terminating at q point on the Gun
coast, presumably near st. Andrews
Bay. There is only one other incor-
poration in Georgia. that for the NAT
ural Bridge Railway. which is puiio-
ing twelve miles of line. The Alexan-
dria, Bayou Macon and Greenville Rail
way. which proposes to Duiid inc
about 100 miles long from Alexandria
La. to Greenville, Miss, Is the next en-
ternrise of Importance on the list for
the month, and If its entire plans are
carried out, 1t will be a railroad prop
osition \of great magnitude, as it's
plan Is ultimately to extend from
Georgia westward through Alabama
Mississippi and Louisiana to a point
on the Texas coast not far from the oil
fields of the Lone Star State.
The Bay Minette and Fort Morgan
Railroad was incorporated in Alabama
TO build sixty-two miles of line con-
Meeting Bay Minette and Fort Morgan
in Baldwin county, opening up a new
region Of great agricultural capacity.
Then there is the Oklahoma and Cher
okee Central Railway chartered to
build from Adair, !. T., to Blackwell.
o. T., about hundred miles. Another
line which promises to be of import
ance is the projected Winchester and
Washington Electric Railway about
sixty miles long from Winchester, Va,
to Washington, D. C.. Kentucky re-
ports one road. the Mt. Sterling short
line. with nine miles projected. Mis-
souri, reports three, the Jeroco and
Southwestern, twenty miles, the Craw-
ford County Railroad, six miles. and
the st. Louis, Webster and Valley Park
Railway. about twelve miles, making
a total of thirty-eight miles for the
State. North Carolina displays one
| line, the New Hope Valley Railroad to
build about twenty miles, and South
Carolina has the Lynchs River Tram
way Company, tc build about ten miles,
while West Virginia reports the Mon
roe Central Railroad to build about
forty miles of line, and the Arlington
Short Line. to construct about hve
miles. Arkansas notes the amendment
of the Cache Valley Railroads charter
to build a twenty-seven mile extension.
The outlook for more interpretations
of new railroads in the South remains
excellent, and it is probable that much
new construction will continue to be
done by the old companies. The in
f1ux of settlers is rapidly opening up
hitherto neglected regions aud is con-
stantly creating more and moro de-
mand for railroad facilities"
The important part played by cot
ton in the export trade of the United
States is clearly indicated in an analy-
sis of the value of cotton exports, and
of all merchandise exports in the fiscal
years ended June 80, 1902, 1903 and
1904, made by The Manufacturers Re-
cord. The increase in the value Of all
exports between 1902 and 1903 was
from 1881, 719. 401 to $1,42O,141,679, or
$3s,422.27S, equal to 81 per cent, and
between 1903 and 1904 1t was from ST.
420, 141,679 to 60,S29,539, or $40,6S7.-
$50, equal to SS per cent. The value
of all merchandise exports except cot
ton increased in the first period from
1,091. 067,5S2 to $1.103,961.250, or $12,..
S93,66S, equal to IL per cent, and in
the second period it decreased from
s1,103,961.250 to $1,090.33S,956, or $13,-
G22,294, equal to 1.2 per cent. The
increase in the value of the cotton ex-
ports was from $290,651.S19 to $31S.-
1S0,429. or S25,52S,610, equal to ST per
cent. in the first perA>d. and in til, Sec
ond period from $316.1s0,429 to $780,
400, $50. or $54,310,154, equal to III per
cent. The increase in the value of all
exports between 1902 and 1904, was
$79,110,13S or ST per cent, and in the
value of cotton exports, $79.S3S.764 or
PA per cent.