The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-04-09
new INDUSTRIES
OF The PAST WEEK
Developmental Announcements
From Various Sections
of South.
.tsnccial to The Timcs.pisps,oh

~lSncctal toThe Times ispstch.J
baltimore, April Sin the first three
months OF This year. according to fg-
Hres In this weeks issue of tile Manu-
lecturers Record, there were announce
nents Of additions OF 5a5oo sn,na,o
and 1860 looms u The textile equip.
:nent OF the South in spinning ana
"eaVlnE. and OF eight knitting mills
u investment represented BY the
fpindles. and looms Viii aggregate
about si.5oo,oo0 and the aggregate
capital OF the new knitting mills Is
100000. Five OF the knitting mills
%ill be in North Carolina and one each
In Alabama, Georgia and Maryland
I the total Investment in spindlcs
and looms. sl,000.000 represents one
plant alone. Among the Important
Southern industrial and other develop
mental announcement of the week are
the following:
Champion Lumber Co, canton, \. c..
was chartered with S5.ooc, 900 capital
stock, and purchased for DEVELOPMENT
over 100000 acres of timbcr land in
Haywood county besides two railways,
Will undertake construction Of addi-
tional railways. complete construction
already begun. rebuild saw mill and
install machinery increasing daily ont
put TO 10000 feet of lumber, etc.
s. Montgomery Smith. Asheville. "
e, purchased 10000 acres of timber
land in iancey county, n. c., and sold
the spruce on 5000 acres to an hin.
OILS manufactures who plans erecting a
band saw mill for a daily outpu Of
$4,000 feet of lumber: a TO- 00-acre
hardwood tract will be sold to an Ashe-
vile company now organizing. Develop
mcnts to include establishing sash
and door factory. hardwood flooring
plant, stave mill and pulp and paper
mill.
William j. Oliver, Knoxville, Tenn.
and associates, purchased an interest
in the Salisbury & Spencer Railway
and will construct twenty-five miles
Of railway connecting the systems Of
Salisbury and Concord. besides making
extensive improvements to the Sails
bury and Spencer gas plants; proposed
improvements will cost s5h0,000; pur-
chase of interest is said to have in
volved 1000. 000.
Bald Mountain Portland Cement Co,
Rome Ga, which was incorporated last
week with $1,000. 600 capital stock, con-
templates building plant with initial
daily output of 900 barrels of Fort
land cement and to increase in future
to 5000 barrels.
American Timber & Coal Co. Cincin.
natl, Ohio, was organized with $4,000
900 capital stock to develop 500. 0Of
- III III IL
by making coal leases and selling
stumpage.
Eldorado Gold Mining Co. Auraria.
Ga. was incorporated with 100000
capital stock by Pittsburg and Kansas
City parties TO develop Georgia gold
properties.
Dunson Mills, Lagrange. Ca. award
ed contract for main building costing
about sos, 900. 1.200-horsepowcr steam
plant costing about $4,000. and 10000
spindlcs, 400 looms, etc, costing about
$500. 900.
Factoria Lane Co. Little Rock, Ark.
purchased 759 acres Of land and plans
expanding about $500, 900 for develop
ment for factory sites.
j. G.. Flynt Tobacco Co, Winston
Salem. N. c.. was incorporated with
$780, 900 capital stock to manufacture
tobacco and Will have a daily output OF
/. 900 pounds.
statesville Cotton Mills. statesville.
N. c., awarded contracts for 5000
spindles and carding machinery cost
ing about $4,000.
Inman Oil Mill, Inman, S. c., was or
Eanized with $4,000 capital stock to
build a cotton seed oil plant.
Union Cotton l3agging Corporation.
Norfolk, Va. was chartered with $780,
900 capital stock to acquire the Margo1-
ius Co., and establish a branch plant
at S~partanburg, S. C.
Allnite Coal & Lumber Co. Rich
mond, Ky, was chartered with $500. 900
capital stock to develop coal and tim
Der land.
Lcwis-Findley Coal CO., P~ittsburg,
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