The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-12-25
PLANS TORECLA|M
LANDS IN SOU I H.
Western and Eastern Grain
Growers Are Chief
Buyers.
NEW INDUSTRIES OF WEEK
Various Enterprises Reported
From Different Sections
of Dixie.
Especial to The Times-Dispa.ch.l

lSpcCldl " L Iic
Baltimore, December 24.-The per
chase of large properties in the South
for reclamation and colonization pur-
poses is reported by the Manufac-
turers' Record as being the most
striking feature of the week in South
ern business activities Western and
Eastern grain growers and land OPP
orators are the chief buyers. julius
S. Funk, president OF the Farm Pro-
ducts Company. of Bloomington, Ill.
said to be the largest producer of
seed corn in the world has. with assoc
ciates, purchased $4,000 acres of re-
claimed and unreclaimed prairie lands
at Paradise, La, for s315,0o0 for the
purpose of developing this property
in order to raise the finest grade of
seed corn to meet the increasing de-
mand in the South for the best ex-
pert raised seed corn, the demand for
which is rapidly increasing by reason
Of the fact that growing is fast
suppIanting cotton In boll-weevil sec
tons of Mississippi, Louisiana and ad-
jacent States.
The Red River Valley and Develop
ment Company. of Scranton, Pa. has
purchased 5000 acres of land In
Louisiana. and will develop $500 acres,
already cleared, for farming purposes,
and the balance. which is in timber
land. will be cleared as rapidly as
feasible.
The New England COOPERATIVE
Orange Orchard Company. of Boston
has purchased 1900 acres of land near
Liverpool, Tex. and viii develop 1t for
growing oranges, figs pecans and
other fruits
Wisconsin capitalists have organized
the Louisiana intensified Farming anu
Drainage Company, at Gueydan' La,
which is planning the construction OIL
canals for reclaiming 100000 acres OF
wet prairie land in Vermillion Parisn,
while the Arcadian Meadows Company.
~ Nav Orleans, will be Incorporated
to drain and develop 5000 acres IN 81
Charles Parish, La.
These heavy land sales, made mainly
to Western and Northern capitalists
are indicative of the widespread inter
est throughout the entire country IN
the purchase of Southern agricultural
lands or wet lands to be reclaimed
and developed for scientific farming.
Among important industrial interests
reported during the week by the Man
ufacturers' Record In Its weekly sum
mary of new enterprises may be men
toned the following:
North Carolina Electric and Power
Company Salisbury, n. c., purchased
the Whitney Company property, on the
Yadkin River. and intends to complete
the water power electric plant besides
continuing the general industrial Land
DEVELOPMENTS planned by the old COM
pany. An expenditure of about $4,000
600 is contemplated
Il. Clifford Potter, Boston, purchased
the Rockingham Power Company
property at Rockingham, \, G., and
plans completing the water power
ell trical plant to develop 10000 horse
ever for transmission by electricity.
Price Coal and Lumber Company.
Lexington. KY, was Incorporated with
100000 capital stock and has pur-
chased 10000 acres of coal and timber
lands.
Eagle Gollieries Company, Charles
ton, W. Va, was incorporated with
$500, 600 capital stock to mine coal,
Elk Ford Coal Company was incor-
porared with 100000 capital stock by
Indian aparties to develop coal and
timber lands in Morgan county, ny.
West Virginia Coal and Land Com
pany, Charleston, w. Va, was incor-
porated with 100000 capital stock to
deal in and develop coal properties,
Pratt Consolidated Coal Company,
birmingham, purchased additional
properties comprising about $4,000
acres of coal LAND in Walker county,
Ma, on which are mines now oper-
ating under lease, with daily output
of |, 800 tons OF coal
Alabama Fuel and Iron Company,
birmingham, awarded contract for the
erection of coal washing plant to
cost more than s1Oooooi daily capacity
will be $500 tons of coal and rein
forced concrete construction has been
adopted,
jacksonville Glass COMPANY, Jack
sonville, Fla, was organized To estab-
lish factory costing from st5o,ooV to
100000.