Rensselaer Republican, Volume 25, Number 4, Rensselaer, Jasper County, 22 September 1892 — A PROSPEROUS SOUTH. [ARTICLE]

A PROSPEROUS SOUTH.

One Week’s Showing of Ne w Enterprise* Started. ■ A week's development in the south shows the inevitable tendency toward, prosperity noticeable everywhere under -the protective tariff system. Of course the statement following, significant as it it. is r'>crs«arily incomplete: I In Louisiana, a $500,000 sugar factory [ at Plaquemine, and a grain elevator with a capacity of 300,000 bushels at Southport. In Kentucky, a manufacturing company with a capital of $lO,000, organized at Henderson; a $50,000 refining company and a $350,000 paper mill company at Louisville, and two coal companies with a capital of $3,000,000 at Beattysville. A new distilling company, capital SIOO,OOO, at Baltimore. A lumber company with SIO,OOO capital ' at Arkansas City, Ark. A water comI pany, capital SIO,OOO, at Newman, Ga. ■ A canning company, $5,000 capital, at i Gardis, Miss. At Kanawha City, W. Va., a company to manufacture barbed wire and nails, capital $300,000. A spoke and hub manufacturing company, capital $30,000, at Union City, Tenn. A $7,000 canning company at Memphis, and another, with capital of SIO,OOO, at Sharon, same state. Texas comes forward with a $30,000 cottonseed oil company at Rockwell, and a $30,000 conning company at Barstow. A total of seventeen concerns organized, with an aggregate capitalization of over $500,000, and this is only a part of the record of business ‘enterprises thus set on foot in the southern section.