The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
i R.ADE Oh .LO.OK
. FOR HE SOU TIL.
Survey of Bright Prospects for
Business Interests During
Coming Year.
NEED OF MORE immigrants
Striking Illustration Of Wonder
full Advances Being
Made.

Baltimore. January Sin a sur;
vey OF the bright prospects for the
business interests of the South and
the rest OF the country in 1910, the
Manufacture ers' Record says in this
weeks issue:
With a production of pig ion now
running on basis of $1,000. 900 tons
a year. as against 15,000,o00 tons for
the whole of 1905. and 25,oOO.OOO tons
for 1907, the iron trade has. already
reached record figures. though the
conditions seem to point to a very
much greater advance during the COM
ing year. AS yet the railroads have
been but comparatively Indifferent
buyers of rolling stock and track
equipment.
.'Whenever the railroads do enter
the markpt on large scale the de-
mand for iron and steel will carry
production far beyond present output,
although existing plants are being run
to ALMOST the full limit Of the coun-
try's capacity.
There has been depression in the
cotton goods trade. but. on the other
hand. there has been great prosperity
to the cotton-growers. for they have
higher price than they have received
B.
with the certainty that the worlds
sconsumpt1vo requirements will COM
pletely clean up the worlds available
supply OF cotton before the gathering
OF the next crop. 1t ought to be pos
sible to insure that next years crop
will be sold at5very profitable figures
to tho grower. and If the planters OF
the South are wise in not concentrating
too much attention upon cotton. such
will be the result. Diversiticationf OF
farm crops should be preached to every
farmer In the South. that in the coming
year cotton may be made the surplus
crop after the farmers have raised
their own foodstuffs.
broadly surveying the whole situn-
ton. there are seen evidences that the
South Is Joining In the march of pro-
gress which the North and West en-
tered a little In advance of this sec
tlon. by reason of the fact that che
South did not feel the full effect OF the
panic as soon as other sections did,
South Making Wonderful Advance.
Here and there are striking Illus
trations of tho wonderful advance
k3lat is being made In the South. Ir
Alabama Immense steel works and eN-
panson of iron Industries are under
way, but not on SO large a scale as
the resources of the South Justify.
On the gulf coast great warehoustnE
and docking facilities are being de-
veloped at some ports. but there are
equally as great needs at other ports
where the work has not5yet been car.
ried forward with energy In the coal
mines Of West Virginia, Kentucky, Ten
nessee and Alabama progress Is being
made and a great advance.in the value
OF IMMORAL properties Is everywhere
seen. Bur there Ia room for still
greater development IN mining opera
ttons and for a still greater increase
An tho value Of coal and iron and other
mineral properties. The trend of
population from the West IA toward
tho south. especially to Texas and
to Florida, but Mississippi and Louis
inana and other Southern States are
sharing 10 some extent In this move
nant. This Immigration, however. is
small az compared to what II should
Con Hnued on Third Fage.l