The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-08-19
Annual Output Now Reaches
Total Of Three
Billion
INVESTED CAPITAL
MORE THAN DOUBLED
-
Past Decade Has Witnessed
Startling Development
Along Industrial Lines
in South

BALTIMORE, MD, Aug. ls.--Re-
viewing Southern Industrial progress 81
ia tha past twenty years, the Manu-
facturers Record this week says
Southern manufacturing is now
producing goods 10 the value OF at
least So, 900, 000. 900 annually. or more
than twice as much as IN 1900. and
more than three times as much as ia
1899, ! years ago. The increase in
the value OF manufactured products
In the South between 1900 and 1909
WAS about equal to tho actual value
Of such products in 1900. In the 20
Years between 1859 and 1900 the an
naal value Of this products OF manu-
featuring in the South increased 2ls
per cent. while the increase in such
value IN the rest Of the country was
Ia5 per cent. Since 1900. although
there has not been as Wide diver
gence in the rates OF increase in the
annual value uf manufactured prod
ucts in the South and In the rest Of
the country, tAe rate is still much
greater in the South.
or significance IN this connection
is the fact that whereas in 1850 the
value of Southern agricultural prod
lcts was $500. 6ao. oQ0 Ia excess Of the
value Of manufactured products,
southern manufacturing has now an
annual production $500, 000. 900 great
err than the South's agricultural out
put and that, too. Notwithstanding
the enormous increase In the value
'oT agricultural products.
The recent Industrial progress Of
the South is strikiugly emphasized in
comparison, In the accompanying
ta blss of the amount OF capital In
vested ia factories, not including hand
trades and neighborhood Industries
embraced in the census of=4s.anutac-
lures or 1900 and earlier periods. and
the value OF their products in 1900.
1904 and 1909 In individual Southern
States and in the whole country The
figures show that between 1900 and
1919 there was an increase in the
capital invested In factories in the
South from $9eS.467, coo to S2.405,-
S6s 900, gain OF s1.434 S9T 900. equal
TO 1t1.s per cent. while the increase
IN the rest of the country was from
sS,0o6.7sa 900 to s16.330. 19T, 600. a
gain of ss.323. ToS. 900, equal to 1899
per cent. In the same period there
was an increase In the value OF fac
tory products IN the South from ST.
2Ss,74s.ooo to s2.535,451.o 900. a gain
of sl,2s5. $685. 900, or 1915 per cent.
while the increase In the rest OF the
country was from sl0,lt7, ISL 900 TO
( o,
GOO, or 1873 per cent
The total capital and the total value
OF products for the United States as
whole In 1900 ara conservativelv
estimated upon the basis OF returns
from 20 Of the "a States not included
In the South.
The capital invested in factories
in the South increased between 1900
and 1904 from $685., $4,000 to ST.
1881, 600, or by ss29,1To,00 equal
| to 64.9 per cent. and between 1904
and 1909 from s1,5s7.e37, 600 to So
! e3.3sNis9 see. n gain of 3Se5. 9g7. coo
equal TO 50.4 per cent, and the in
crease between 1900 and 1909 was
| s1,434, 1000. equal TO 141.s per
! cent.
I'm the rest OF the country the
increase in such capital was from
| 5000, $4,000 to $11.0T7,s44.00o. n
gain of s3.0T1.1b5.000. or 3S3 per
cent. between 1900 and 1904, and
from s11,077. $4,000 to $16,330,4s7.-
600. gain of IS, 700. or Ala
| per cent, between 1904 and 1909.
while the increase between 1900 and
| 1909 was sS,S2S.Tos, 900, or 1899 per
cent.
I'm the value OF the factory pro-
| ducts the increase in the South was
from Sl.Z3?, ,VVo to VIZ ~ 1000,
| a gain of s54S. 22a 600. or 44.3 per
| cent, between 1900 and 1904. and
from s1,7S7,976,0 900 to s2,535, 051 900.
a gain OF $747,076.00o, or 412 per
cent, between 1904 and 1909. while
| tho gain between 1900 and 1909 was
$1,295, 100000. or 1915 per cent
| The increase In the value OF fac
tory products in the rest of the coun-
try was from $10,167.1 ISL, 900 to $751;
ob,92S.000. a gain Of $2,s3S,747, 900.
or 27.9 per cent, between 1900 and
Continued on Third Paxe.)