The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-02-20
SOUTHWEST VIRGINIA NEWS.

had been sold to an English syndicate
for S3,500,000. If this is the case it
might rebound to the good of Radford,
as number of tho Crane Iron Com
pany'S stockholders arc in tho Radford
crane Iron Company, and should they
decide to reinvcst at this point, Radford
might look forward to becoming one of
the largest pig iron producers in the
South.
Berkeley, opposite Norfolk, Va, has
OF late years grown steadily but quietly
until it has become a large lumber mar
kct 1t has three miles of water front,
southern branch of the Elizabeth river,
which nearly surrounds the city
Strasburg. Southern Horse and
Mule Shoe Company has donated five
acres for building and plant, and is
contracting for the erection of shops,
and has bought its machinery. The
company will employ $50 hands and
work up thirty tons of iron day-au-
thorizcd capital, $500. 600
The Strasburg Stone and Earthcn-
ware Company, with capital stock of
$4,000, all taken, is in full operation.
Thirty skilled laborers arc employed,
uDd four other small pottcries arc al
work, with about twenty hands, The
country is undcrlaid With pottcr's clay
of the finest quality. This clay has had
notoricty as such for years A lime
stone quarry is in operation employing
about ninety hands. The stone dresses
equal to granite. The Baltimore and
Ohio railroad tunnel under the city of
Bal timore is being built with this stone.
Two other quarrics, employing about
twenty hands, arc operated by Stoncr Il
Fisher and Burner & Ross.
The Shenandoah lime works, employ
ing about twenty hands, is operated by
Cammack " Decker, of Washington, ID.
u, who make superior lime.
The Strasburg steam Touring mills.
with capital of 100000, has been Or
ganizcd and the buildings arc being let
to contractors for erection. They will
employ fifteen hands and make 100 bar
relo of flour per day.
The Strasburg brick and tile works
has bought all tho machinery and will
be at work in two weeks, EMPLOYING
twenty hands.
n newspaper, tho Virginian and
News, is being published; tho Bank of
Massanuten is doing business; a sash,
door and blind factory is negotiating for
site, as we'll as other business enter
prises.
Tho Alexander Furniture Factory at
NaynesbOro has grown from small
shop to large factory in tho suburbs
of the town, with three large ware
rooms where the old shop used to stand
We were shown through the shop and
warcrooms few days ago, and found
busy scene all around. From fifteen to
twenty men are employed, and some
fifteen or sixteen machines are running
at full blast.
The real estate and insurance mon of
Newport News have organized Real
Estate and Insurance Exchange"
Officers: President, w. j. Nclms
vlce-prcsidcnt, ~. A. Moss, secretary,
w. a. barnett; treasurer, Il. ID. Chan
dlcr, Directors Carter NJ. Braxton.
W. S. Boycnton, w. L. Cottrcll.
The Etna Coal and Mining Company,
located at Whitcsidc, Tenn, made an
assignment this morning. The liabili-
ties are estimated at 100000 and the
assets at 100000. Labor troubles and
slow collections arc given as tho cause
of the embarrassment. DR.. Wm. Nor
row, leading capitalist of Nashville,
is the president Of the company.
Job j. Clark of Abingdon, has opened
up near that place four veins of splen-
did iron orc-two OF red hematite and
two magnetic. The ore is said by OK
perts to be o. very fine quality; the
veins are large and give evidence of al
most inexhaustible quantities.
The rapid growth of Lynchburg's
Western suburbs is shown in the re-
markable increase in realty values in
that section. A careful estimate Of in
vested capital embraced in district
one-half a mile in width from tho west
crn corporation line by one and half
miles in length give the following fig
ureS:
Industrial plants. ...........S l, 1913, 900
Residences, stores, etc. ....... 22S, 500
Real estate. Observation-Disclosures. HOO, 900
Total SO, 521 500