The times and democrat. [volume] (Orangeburg, S.C.) 1881-current, 1909-12-02
SOUfHERN RAIL
THE RECORD OF NEW con
sTRUCTIoN OF INDUSTRIES


sTRUCrIoN OF INDUSTRIES
And Of the General Progress Along
Two Of the southeast's Railways,
for Year.
The showing made in the fiscal
year, enuing Juno 30th, last, of tae
new industries, additions to estab-
lishei Industries and the expenditures
for improvements of various k.n1s
in the cities ami towns along the
Southern Railway and the Mobile &
Ohio Railroad, Is a remarkable one,
when 1t Is considered that the period
covered includes the last half of
the year 1908 and the first half OF
the present year, time when the
demand for manufactured goods OF
all kinds in this country was at a
low ebb, and capital was hard to
find for new investments of any
kind and in any portion of the
country. Some OF the figures for
the industrial investments along the
Southern Railway have heretofore
been published.
They show total of 453 new in
dustries. calling for an investment
OF $20,413,835. and additions to
existing industries costing $685.
s63. IN the same period there were
put under construction new indus
tries to be completed later in which
SS,473,0 900 will be invested. Since
the close OF the Soutnern's fiscal
year there has been g steady i'm
provement in all business conditions,
manufacturers and operators OF
mines have felt warranted in re-
newing plans for new plants and
capitalists and bankers have been
more ready to supply needed funds
for industrial investments. The new
industries started In the last half
Of 1909 greatly outnumber those
begun in the first half of the year.
so that for the first time in two
years. the normal Industrial advance
of the Southeastern States. may be
said to be under way.
It is confidently expected, and all
the indications show that the pres
'ent year will greatly exceed ths
past in the amount Of factory build
ing and In the investments made IN
all kinds Of Industries. That over
$28.0o0,000 should be invested in
Industrial development in the Pc
riod covered along one line OF roa5
in the Southeast shows in the most
.arked manner the advantage o.
that section for various lines of
Industries.
The growth OF industries along
the line of the Mobile & Ohio Rail
road was also marked. In the
stretch Of 1000 miles Of territory
oovered' by that road there we're
constructed in 190S-O9, ending June
80, SIS new industries, at cost Of
'$2,l23.6o0, while, additions to ex-
listing plants raised the investment
to s2.254.700. 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 s21,14s,535
and total investment in industrie.
of $35, 5,S09,071, including the amount
which went into new industries un-
der construction on June 80, to be
completed at later date
In general improvements during
the year there were invested along
the Southern Railway $69,315,051.
The aggregate amount invested along
the Mobile 6 Ohio Railroad was
S12.387.554. It Is noteworthy tha,
during the year along the Southern
s3,s02.2s0 were spent for new
schools, s1,S46.115 for new church
es. $10,270,S1S for new business
structures. s3s.212.s63 for new
residences. At the same time the
amount expente.l for public i'm
provements was S5,55S.3s1 on
streets. $s.530,2S3 on sewers. s3,-
060,204 for water works and water
supply of towns and cities. These
figures show In the most conclusive
manner the growth Of the South In
wealth and ability to make needed
improvements as we'll as the con-
tirued expansion Of its business.
There were built in the twelve
months along the line of the South
ern Railway, in cities, towns and
villages on less than 1900 resi-
dences.
The statistics are not available to
show just what the gain has been
during the year agriculturally, but
that the same advance in agriculture
has been made as in the various In
dustries Is certain. Indeed, there
was probably even a much greater
advance. The statistics published
by the United States department OF
agriculture show in the nine South.
eastern States, through which the
Southern Railway and the Mobile &
Ohio Railroad run, returns fro mthe