The herald and news. (Newberry S.C.) 1903-1937, November 28, 1905, Page 8, Image 8
- INDUSTRIAL GROW.TH.
What the Year's Record of 'i-dustria
Development on the Southern
Railway Reveals-The Uni
form Rate of Progress.
Following the usual custom ot ac
quainting i'ts readers with the indus
trial growth of the teritory served by
the Southern Railway Lines, for sta
ted periods, the Southern Field pre.
sents in this issue a brief summar
of the development recorded by th<
Land and Industrial Department fo:
the year ended on June 130, 1905, ir
comparison with other years. ThiE
statement, covering 'tributarv coun
try in Virginia, the Carolinas, Tennes
see, Kentucky, Alabama, Georgia
Mississippi, Indiana and Illinois in
cldes the development taking place
along the lines of the Mobile an<
Ohio and subsidiary lines operated it
connection with Southern Railwa:
lines proper. The inquiries of th<
Land and Industrial Department cov
er not only the developments -of pro
ductive industry-industrial estab
lishments -and operations whic!h con
- tribute to the tonnage of the railroad!
-but also those investments of capi
tal which .are designed to improv(
living conditions in the sections serv
ed. to facilitate traffic, encourage the
-establishment of adritionai industrie
and promote the more rapid peopling
through immigration, of sections o
the south whose crying need is more
people In the latter category are in
cluded the liberal and constantly in
creasing expenditures on the part o
municipalities for street pavements
sewers, water supply and public light
ing-improvements which bear a very
distinct and positive relation to the
work of locating factories and peo
ple, for nothing has been more con
clusively demonstrated sin the indus
trial rehabilitation of the south that
that capital for industrial investmen
is seeking .out the cities and town!
which are taking advanced positi-on
in the character of their public con
veniences and utilities-. This may b<
counted as one of the several reason!
w hy the south is forging to the fron
industrially faster than any othe:
section of the country, for cities an<
towns are very generally undergoing
marked physical changes in the sec
tions reached by the Southern Rail
*wav lines and almost without excep
tion municipal -and private enterpris4
are keeping pace wteahother. Thi
sum total o uhivsmnsade
penditures, public and private, for th,
period named, wa.s .$19,900,934 com
pared with $115.040,848 for ihe previ
ous year, an increase in the rate o
*growth 'of $4,860,086 or 4.8 per cent
-During-the past four years the rate o
-this growth has been remarkably uni
form. In 1902 it was represented b:
investments and expendituresarount
ing :to $112,441,55%: in 1903, $117-,
*434,690: in 1904-5 as already statd
$115,040,848 and $119,900,934, respect
*ively, making a grand tot-al of $'464,
818,031, all of which is demonstrativ<
* of the fact'that ,the present industria
progress of the south-so far as thi
territory contiguous .o Southern Rail
v lines is illustrative of the genera
sittuation-is well sustained and re
nyarkably free from recurrent period
of activity and depression. This con
clusion is borne out by examinatioi
of statis'tics relating to purely indus
trial developmients as well as in thi
statistics 'covering the public ani
quasi-pu~blic improvements in the sec
tions under notice. For the year end
ed on June 30, 1905, the amount o
capital actually invested in new indus
tries tribu:tary to these lines amount
ed to $30,799,900, compared with $32,
908.750 for 1904. $25,769,659 for 1903
and $27,306,850 for 1902, *a total fo
the four years of $116,785,139. Durin
the past year there wvas' invested ii
the form of sadditions to industria
establishments -the sum of $9,012,3I5
compared with $14,569.788 for 1902
$15593;643 for 1903 and $6,263.30
for 1902, a total of $45,437,043 or
grand total of $115,785,139 represent
ng the apiount of capital invested i:
roductive industrial enterprises dur
ng the period of four years. In othe
words, of the $464. 818, 031 variousi:
invested and expended 25 per cent wa
'devoted, to the establishment an
equipmnt of industrial plants for th
utilization of southern resources an'
the employment of labor at point
reached by these lines. This of cours
does not take into account that grea
multitude of minor investment
I. )t v,-n I Lnt''Zr~a u!eu
An Increase in Numbers.
It i t be noted in this c n neton
that while there has been a slight de
crease in the -capital invested in indus
trial enterprises during the past year.
bompared with the year previous.
there was such an increase in the
number of such enterprises, exceed
ing the record for 1904 by 96, or 13
per cent. This is consistent with the
fact frequently pointed out by the
Land and Industrial Department, that
the south, is proving an hviting field
for the manufac-turer of comparative
ly small means, and in no line -of in
dustry is -this fact more noticeable
'than in furniture making and general
wood-working. Indeed, industrial de
velopments of every class, not except
ing the cotton mills, are very gen
erally a growth from small begin
nings in 1this section of 'the south;
they earn Ptheir means of growth from
year to year. Illustrative of this
are the very large investments in ad
ditions, previously alluded ito. For
example, in 1903 such investmentE
amounted 'to nearly $16,ooo,ooo, equal
to more than half the amount of new
or original capital invested in indus
tries that year, while for 1904 it was
only slightly less than half-. While
-the investments in additions las-c year
was comparatively small the expla
nation is found in the peculiar econo
mic conditions associated with the
cotton situation in 'The early part of
1904, 'having their origin in a wide
spread misapprehension touching the
south's capacity to produce sufficient
raw cotton to meet the world's needs:
This misapprelhension which was not
formed of the enormous cotton crop
of 1904, had the effect of sfaying the
construction of many proposed mills
and postponing th-e installation of
much additional equipment which had
been planned by millei and other
interests related thereto. This situa
tion was of course .reflectedin the in
I dustrial record for the' year closed
Ion June 30-a situation which was ta
ken note of by the Southern Field in
the issue for November, *r.
The Investment in Cotton Mills.
During the p-ast year there was in
vested in cotton mills and relat.ed in
dustries the sum -of $9,073,650. These
-plants included cot-ton rmills, cotton
warhouses, cotton seed oil mills,
knitting mills, hosiery establishments,
compresses, etc. .In 1904 the invest
ment was $12,953,500; in 1903 $io,
-326,100; and in 1902, $7,514,850. mak
ing -a 'tQtal for the four years of $39.
868,0o-a truly remarkable showmng,
still further emphasized when the re
suits are measured 'by ithe n.umber-of
spindles -wh'ich this great investment
'has put in motion' in the cities and
mill towns reached by the lines of the
Southern Railway. With the addmon
of spindles tinstalled since January 1.
qo--on wvhic'h date the last yearly
ecord of mill equip-ment for this ter
itory wvas closed-there are at the
present time 6,778,186 cottcon spindles
immediately tribu'tary to the Southern
Railway line, which is about 28 per
ent of the 'total number of spindles
iinthe United States and 82.5 per cent
of the spindles -of the entire south.
There are some 8oo establis'hments in
the southern sta'tes which consume
rw cotton, and 'of this number all
b ut 5-less 'Than half the number l1
cated in North Carolina 'alone-are
es sablished in Southern Railway
states. This number includes spin
n-rng mills and 'those establishmenlts
which use raw coatton in the ~manu
facture of 'mattresses, batting, felt,
e c. The number of active and idle
ssindles in southern mills, as compil
d b Mr. Hester is 8,685,393; the
number as compiled 'by another au
thority for the Northern mills is 15,
25,000 and the total number of spin
dies compiled from -These two sources
- s24010393. which corresponds sub
sntiallv with a recent report of the
breau of' the cen-sus. e
-Cotton Consumption.
he cotton consumption in the
so;)thern mills amounts 1C0 15.6 per
cen't of the entire American produc
tiin. Not counting Virginia, which
secures practically all of its supplies
rom ther states, North Carolina
leads in ,the per cent of pr'oduc'ion
consumed. showing 78.4 per cent,
compared with 51.4 per cent in South
Carolina and 23.9 per cent in Georgia.
Th consumption of mills in the two
Carolinas 'amounts to 56.8 per cent of
thhat of the souThern states. For the
The cels report alluded to states
that In twenty-five years the produc
tion of the United States has increas.
ed from 5.755.359 to 13.693.279 bales
In the same period the total consump
tion of cotton in -this country has in
crea-sed from 1,671,383 to 4.278,98(
bales. Within the last five years the
cotton consuming establishments oi
'the southeri states have increasec
their consumption from 1,483.711 tc
2,140,151 bales, an increase of 656,44c
bales. During these five years .the
northern cotton consuming establish
ments -have actually dec;eased theh
consumption by 16,955 bales. T<his iE
explained by the fact r.hat these mill!
have been engaged during this period
in replacing old machinery by thal
which is more modern, thus .increas
ing the efficiency of their plants and
the fineness of the yarns spun withou
making very large increases in the
number of spindles.
In 188o the southern mills contain
ed542,o48 spindles and consumed 183,
453 bales of cotton. For the year end
ing December 31, 1904,:these mills re
ported 8,2i1,734 spindles, and during
the year ending Auguset 31, 1905
there were consumed in. tfhese mill!
2,140,151 lbales of cotton.
The cotton cqnsumption per spindle
in *the south -in 1899 was, according tc
the census. 155.9 pounds, com'pare<
with 161.4 in i8go and 164.6 in 190C
There is a marked tendency towart
Athe production of finer yar\ in thes<
mills, the average consumption pei
spindle at this time 'being reported a
124.5 pounds a decrease of 40.1 pound.
per spindle. The average annual con
sumption per spindle in northeri
mills in ioo was 75.2 pounds and ii
1905 is 67.1 po.unds, a decrease of 8.:
pounds 'pEr spindle: While 'the soutl
shows a greater decrease in pound!
per spindle, these conditions in botl
sections have brought about a mate
rial decrease in the- average for th<
country, which is.norw 86.2 pounds pe:
spindle. compared with 95-4 in 1900.
Woodwor king Industries Show a:
Increas;e of 64 per cent over the
Precedeing Year.
iThe 'year has 'witnessed the con
struction of 307 plants devoted to va
rious forrms of woodworking. Of tihit
number 40 were furniture factories5
The remainder comiprised saw mills
planing mill's, box ,factories, stay
ihills, 'heading mills, handle factories
etc. The tendency noted on the par
'of northern manufacturers in 'wood ti
'move thieir plants 'to the south and ac
quire 'their own timbe' :holdings i:
order to be assured a lasting suppl'
of raw material, to which allusion 'ha
frequently been made in this publi
cation, is .increasing in strengith.
very large percent-age of the standing
timber purc'hases made in the souti
during the year contemplare tihe even
tual, if n1ot- immediate, location of in
dustries for i:ts. consumption at pointi
local 'to the supply. The location 0
such inc.ustries during the year, witi
addition'; made to existing plants, in
volved dhe investment 'of $7,526,212
compare d with $4,792,700 in 1904, $5,
86,. 700 in 1903 and $2,346,450 inl 1902
The int rease of last year over th<
precedir g year 'was about 64 per cent
but in the opinion of close 'observer!
'the .movement of factories of thi:
class to the south is only relative!;
in its infancy.
The enormous purchases of timbe:
has very generally been m'ade 'by th<
owners of factories in tihe north whc
realizing the ulkimate necessity a
tran'sferring their operations .to -th
south. are disposed t-o postpone tha
necesss:y as long as possi.ble, in th
meantime making preparations fo
the inevitable. As readers of th<
Southern Field have been informed i:
previous issues the mill men of t'h<
out andl others interested in the pre
ervation of the south's timber sup
ply are taking active steps in coopera
tion with the United Sta'tes Fores
Servicc to encourage ,conservativt
methods of lumbering, to the end tha
the supply may be perpetuated indef
initely.
The Tanning Industry.
Six new 'tanning establishments
making in ,all some seventy establish
ments devoted to tanning. the manui
facture of tanning tools and the pro
duction .of tannic ac.id, are now 10
cated on the lines of tihe Soatherr
ailay, while several oth ers-inclu
ding on whih will probably be tn<
I~ L '
taal amiount of cap)ital ivested in tis
i industry on the Southern railway linls
proper during the past four years was
$2,429.ooo. while a considerable in
vestment was also made in tributary
-territory reached by subsidiary lines.
Iron and Coal.
The record for the past year shows
an investment of capital in coal mines,
iron mines, furnaces and other pri
marily related interests of $5,672,462.
In four years these instruments 'have
aggregated $27,021,560; and while the
investments for the last year did no-r
approach in magnitude. these for 1904,
when more than eleven million dol
lars was thus invested, the grow.th has
been normal and satisfactory. In
1902 the investment was $3.428,500. in
1903. $6.47.900, while the figures as
given for igo4-$i1.449,698-were in
fluenced by -two of these extraordi
narily large investments. Aside from
these - four great divisions -of indus
trial development-cotton and its by
products, products -of the forests and
products -of the mines-there has been
a great development of miscellaneous
industries based upon an increasing
production of farm s-taples other than
cotton, to which more extended al
lusion will be made in future issues of
the Southern Field.
F O R BA
GO TO
Rackel
HEADQUAB
China, Crockery,
ate Ware and Tir
kind. Stationer3
a bargain.
THE RACK
-will save you moi
ticle.
Big $1.5O size E
~only 98c. at the I
Big Center .TL
only 98c.
Big $2.25 size
Regular $1.50 e
the RaCket Store,
65c. Cane Seat
Big Shade Lam
The Racket Store is fL
sell to make room for rm
mas goods. The 'Racks
quarters for Christmas.
~Dols, Little Dolls, Dolls
Look for the sign in.Bi
,RACKET
. Next door to Livings
f UPPER MAI
FOR BARGA
FURNI
COMI
KIbIO,.De
_,9-ST OR STOLEN-_
P I . '
?7NISHiED roo:n fr c1ent. 4
OTICE OF FINAL SETTLE
MENT AND DISCHARGE.
Notice is hereby given .that the un
ersigned will make a final settlement
ts Executors on the estate of Henry
3healy, deceased, in the Probate
Zourc for Newberry county on the
[5:111 day of December, 1905, at Iz
)'clock a. m. All persons hiolding
laims against the said estate will
>resent t'he same duly attested by
aid .t .nd ail persons indebted to
he said estate will make payment.
B. F. Shealy.
J. A. Shealy.
Executors.
qOTICE OF FINAL SETTLE
MENT AND DISCHARGE.
Notice is hereby given that the un
lersigned will make a ffial settlement
is Exec.utor on the estate of Minta
Titus, deceased, in the Probate
Court for Newberry county on the
a9h day of December, 1905, at II
Y'clock a. m. All persons holding
claims against the said estate will
present the same .duly attested by
aid date and all persons indebted to
bhiesaid estate will make payment.
Jno. B. Morgan,
Executor.
ROAINS
THE
0Store
TERS FOR
Glass Ware, Ag
i Ware of every
(and notions at
ET STORE'
ney on every ar
lowl and Pitcher
Mcket Store.
ble $1.75 size
only $1.24.
ize only 89c. at
Chairs only 44c.
p $1.50 size 98c.
1ll of bargains. Must
y big stock of Christ
t Store will be headi
Foys and Presents. Big
of every kind.
g Red Letters,
STORE
ton & Lominack's,
N STREET.
INS
.D GOODS
R TO 30