Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-12
HEARING IT GROW.
THE CONCERT OF sVRtAL
SOUNDS IN AND ABOUT GLASGOW
rho Manufacturing Plants Enumerated
subscription OF the English Syndicate
what IL Neans-Load and Copper.

subscription OF the English Syndicate
what IL yIeans--Load and Copper.
GLASGOW, Va, November 10. 1890.
Farmers say that at times you
can hear the corn grow. Certain it is
Won can hear Glasgow grow. On all
aides is the noise OF the hammer, the
saw. and the trowel, making concert
NJ industrial sounds In my last letter j
alluded TO the fact that a number OK
manufacturing plants had been Sc
cured at Glasgow. Among those that
have already broken ground are two
furnaces, rolling-mill, stove-works
sash, door, and d-factory
powder-mill, pulley-works, car.shops,
mantel- and grate-factory, CO.
ment-mill, two brick plants, an cleo
tric.light plant and foundry for
making tropical machinery. Aegotia-
tions are also pending for the establish
ment of q children's-carrihge factory, q
toy-factory, buggy and carriage plant,
and other Industries. The industries al.
ready located have an aggregate capital
of over 81, 900, 0O0 and give the assurance
that in the start they will employ over
.. 400 hands, most of them skilled.
THE FURNACES.
IT is estimated that tho yearly output
of the furnaces will be 10000 tons, at a
proft of $3.50 per ton, which viii give
an annual profit of Sl75, 200 year, and
a like profit is estimated from the estab-
lishment Of fifty-ton ferro-manganeso
plant. This is the estimate Of the Rock
bridge Company, and is confirmed by
Mr.. Ralph Moore, the mining expert. to
whom / have before referred. Mr..
Moore says in addition 81 have no
doubt that pig-iron can be made at
Glasgow for 81, 100 Gorty-four shillings)
per ton "a statement full of suggestion
asto the advantages Of Glasgow when il
is remembered that at Pittsburgh and
other northern places the cost Of iron
making is from Sl4 to SlS per ton. Au'
thorities other than Mr.. Moore, who is
always conservative. contend that Glas-
COW iron can be made as low as 80 peI
ton. Cheap iron means cheap products
from all manufactures dependent upon
the furnace.
CAR-woRKs.
Bv the car-shops mentioned in the lis'
Of plants for which ground has beer
broken nt Glasgow is meant the plant Of
the Virginia Steel-Car Company, which
will be completed by the ist Of April
1891. The capital stock Of the company
is 100000, and the president Is A. 5
Buford, of Richmond. This company
will manufacture steel cars for freight
refrigerator, postal. and passenger traf
| fic. rhat the steel car IS destined Z
supplant the wooden car is PROVED
| by the fact that the Virginia compan,
are daily solicited 10 take orders. SIM
lar companies in other parts Of the coun
try, where the conditions arc not nea
| so favorable for success, are all payinl
handsomely. The capital stock of tn
other manufacturing establishments
| have enumerated range from S25,OOO Z
100000. The Rockbridge Compan,
controls the weter-power in the Jane
river and North river to the extent o
twenty miles along the former and sevei
miles along the latter stresm-the on
having fall of 100 feet and the other
fall Of over eighty feet
| FREE SITES.
II is the policy of the company TO Civ
sites free to all manufacturing compa
MES coming TO Glasgow, and when it ca
be demonstrated that parties desiring I
locate plants hero arc active and push
ing the company viii not only donat
them land upon which 10 build, but tax
stock literally in their enterprises.
AN ENGLISH SYNDICATE COMES IN.
The indeiatigable president of th
Rockbridge Company, General Fit
hugh Lee, in his last annual repor
winch is o very clear and COMPREHENSIVE
document, made reference to negot
ations with an English syndicat
then pending, which looked
the taking by the syndicate
a large amount of the company
stock. Since my letter of few day
ago was written it has transpired thi
these negotiations have been closed an
that the syndicate takes 81 800, 900 {
stock. Though, as President Lee state
in his report, Glasgow was not depend
ent upon foreign support, this subscril
ton, il will be readily understood, vi
only make assurance doubly sure as r
CARDS Glasgow's future growth and IL
general success OF the Rockbridge Con
pany. The putting of 81, 100000 IN
the enterprise means that the
is practically no limit 10 Il
extension Of the future city, save sue
as exists in geographical barriers.
means the extension Of the drainal
system, the laying OFT OF addition
streets, avenues and parks, and the eI
HANGING in value of all investments q
= ready made. It means the erection
{ more furnaces and of open-hearth has
, plants, and the springing up OF countle
industries that naturally follow. AS
have stated, the company have st
on hand about three thousand lC
on the site of Glasgow proper,
? sale Of which will take place {
: 25th Of this month. In the L
Valley, on tho Glenwood propert
there is available space for 60
more lots. What with the influx
81, 500, 900 of English capital it is easy
S understand that the spanning of I
e river by bridges and the survey and CT
q ting up of the Elk-Vslley annex in
lots is but question of a short tim
1t is easy to see that the most sangui
|, expectations of those interested in Glt
o Cow will be realized much sooner tn
they thought for.
= LEAD AND COPPER.
: As shown in this correspondence {
o attention of experts has been principal
J engaged in examining the Rockbrid
Company's properties for iron ores, b
Q there are also copper and lead up,
l them, and possibly tin and gold, as Inc
J. cations of the two last named meti
have been discovered. This is the ties
n mony of Mr.. EIDE, the expert mimi
engineer recently employed by [
Rockbridge Company TO fully inves
c gate their mineral property. Mr.. Ed
researches bear out to the letter I