Evening journal., 1911-11-04
TRADE BOAAD
KEEPS ACTIVE
Efforts are Being Made to
Bring Many New Indus
tries to City
INDUSTRIAL COMMITTEE
KEEPS AFTER PROSPECTS

Although the attendance at the
monthly meeting OF the Board OF
Trade last evening was not as large
as that on Monday evening there
were a number of prominent busi-
ness men present. The members were
impressed with the vast amount OF
work being accomplished by tho In
dustrial Committee OF which James
II. Mehsffey is chairman. The com
mittee reported that they were max
ing efforts to secure the Robert Hoe
Company, manufacturers of printing
presses and saws to locate here. il
being understood that they desired to
move from New York. The report
was accompanied by lengthy state
ment from tho Scranton. Pa. Trade
Journal which stated that efforts were
being made to secure the same com
pany for that city
Another matter treated in the re-
port was linen and cotton plant
which is to be operated under a new
patent process. This firm has mill
in South Carolina but they are de-
sirious OF remaining there; an official
of the firm said in a letter that If a
change was thought of this city would
be given first consideration. Later
the president OF the company visited
this city and said that after expert
ments in the South are completed he
would endeavor to locate here as ho
would prefer to have the Joseph Ban
croft and Sons Company finish his
products,
Among the other industries which
the committee has been trying TO Sc
cure for this city was that Of large
bakery which is seeking a distribut-
ing plant. A watch manufacturing
firm has stated in letters that they
will make a proposition after the first
of the year looking toward establish
ing here.
Several firms which have financial
features attached TO them among them
being a manufacturer OF marine en-
gines. a puncturo proof tire company
and pharmaceutical supplies manu-
facturers will be considered by the
Board of Directors.
1t was announced in the report tnal
the cigar firm Of +. M. Schwartz were
anxious TO secure building with
about 26,000 square feet OF hool
space.
The report continues:
Mr. David Hay brought TO the at
tention Of the committee the fact thal
the manufacturers OF Pear Soap, q
foreign corporation, we're contcmpiat
ing the erection Of an American plant
The commercial journals and Boarc
of Trade reports throughout the coun'
TRY seem to pride themselves upon tbs
the fact that they are going TO secure
this plant for their respective cities
but Wilmington is in correspondence
with the company and nothing definite
can be reported as the representative
who was visiting this country looking
for a site has returned TO England 10
the present.
Your committee has also had cor
respondence i'm reference TO the loca
tion of a silk mill in this city, eithe
to rent or equip a new plant; sev
eral propositions with reference Z
the manufacture of automobiles, cor
respondence with reference 10 a plan
to manufacture machine grinders,
plant to manufacture furnace range
and furnace paints and varnishes; pa
per bottles and sanitary supplies; OF
filters: steel blast furnaces; automo
bile and marine motors dental sup
plies motor trucks' pumping sup
plies; airlcss tires; cotton goods am
tile flooring.
From the press your commite
learned during tho past month tina
the shoe manufacturers OF Lynn
Mass, were compelled to close thci
plants by reason of labor troubles. Al
the shoe manufacturers OF that cit
we're communicated with in the hope
Of inducing them to consider this cit
If they desired to remove their plants
your committee desires TO gly
credit for information received in re
gard 10 new establishments from tn
Modern Machinery Co.. Messrs. Hol
ace Wilson. David Hay, Hon. HarTiso
W. Howell, Mayor. and o. c. Purd,
President Of this Board
In conclusion The committee spok
Of the guaranty funds established I
other cities whereby a company ha
a credit standing at the local bank
which guarantees credit to any cor
poration settling there to a limitc
amount. This is created by organi'
ing stock company with a certai
capital, 10 per cent Of which Is pal
in cash by the subscribers, who an
responsible persons. The other