The Montgomery advertiser., 1909-11-30
EXPANSION
THE RECORD or NEW CONsTRUC-
 TI0N OF INDUsTRIEs.


 TfoN OF INDUsTRIEs.
 Ana of the Prosre.s Alens I've sf
 the seutheast,s Railways,
 for Year. < The showing made In the fiscal year, ending June 30th last, of the new in- dustries. additions to established tn- dustr.es and the, expenditures for im- provements of various kinds in the cit- tes and towns along the Southern Rail. way and the Mobile & Oaio Railroad, is a remarkable one. when 1t is consid- ered that the period covered includes e the last half of the year 1908 and the when the demand for manufactured goods of all kinds In this country W ar at low ebb. and capital was hard to find for new investments of any kind and in any portion of the country. investments along the Southern Rail- way have heretofore been published. They show total of 453 new indus- trtes.s calling for an investment of $20,- 4ls,ss5. and additions to existing in- same period there were put under con struction new indusyries to be com- .pleted. later In. which ss.47s.0o0. will be invested. Since the. close of. the South- steady Improvement in all business conditions. manufacturers and opera tors of mines have felt warranted in renewing plans for new plants and capitalists and bankers have been more ready to supply needed funds for tn- tries started in the last half of isoe greatly oatnumbsr those begun In the first half of the year. so that for the. first time in two years the normal in- states may be said to be under way. It is confidently expected. and all the indications show that the present year will greatly exceed sthe4 past in the amount of factory building and in the aa maas n s soas ssou E, n be invested In industrial develop ment in the period covered along one line of road in the Southeast shows in the most marked manner the adyan- tsges of that section for various lines of industries.
 The growth of industries along the. line Of the Mobile 6 Ohio Railroad was also marked. In. the stretch of 1000 miles of. territory covered by that road there were constructed in i90S- 0s.. ending June, 30. fifty-five new tn> at a cost Of sz.t23.s0e. while additions to existing plants. raised the to $2.z5Asi00, The figures from the two lines show duplication at four or five points. Taking out these the two lines show an aggregate of 4S9 new plants costing s2l,l4s.535 and a total Investment in industries of s35. .80g.07i, Including the amount which went Into new industries under con- struction on June 3O, to be completed at a later date.
 Tn general Improvements during the year there were invested along the Southern Railway $ss. .si5,2s0. making the total amount invested in all im- for, which statistics are gathered Sl04,iS6.051. The aggregate ft4u al Nhhtfa @ Ohio Railroad was Si2.3S7,55a It Is notew ortliy that during the year along the Southern $3,S02.2sV were spent for new schools. Si.s4s.i1h for new snsrshes: t ssa tissss for w new rsais dences. At the same time the amount for public improve fnents was $5.55S,3s1 on streets, sS,53e,zS3 on sew CTS, sa.6e0, 20A for water VOTES apd wa ter supply of towns and cities. Thess manner the growth of the South in wealth and ability to make needed inl- as weir as the continued expansion of it's business. There. were built In the twelve months along the line of the Southern Railway. in cit- les, towns and villages no less than 3, 900 residences. a, {f,
 The statistics are not available to show just what the gain has been dur Ing the year agricuiturally, but that rN heen made as in the various industries is certain. Indeed, there was probably even g much greater. advance. The statistics pubnshd by the United States of agriculture show in the nine Southeastefn states. through which the Southern Railway and the Mobile & Ohio Railroad run. returns from the staple crops of cotton. corn. wheat. oats, potatoes, hay and tobacco in 1908 of $s6S. S.000.000. It is wenl known that the greatest advance is taking place in the methods of culti- vation. soil preservation. crop diyersi- Iicatfon. and In everything which goes to the prosperity of the farmer; and also that on Southern farms more and more conveniences and improvements 0f ali kinds are being added, while the great value of Southern soils Is being as never before. There has been a steady movement of peo- ole from the North, and the Northern European countries, to the territory reached by the lines. This movement Is gaining all the time, as the value of southern farm lands become better k nown. %
 In the past. eight years there has reen Invested in industries along the S@lth- ern Hallway and Mobile & Oeiio Rail- road the enormous amount of $516.- pod. 0oo This great industrial expan- sion has come because the resources and other conditions which affect in- dusfrial development are found to the best advantages in the Southeastern states. s,1.,.
 Seven Sentence Sermons.