The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-06-18
TO RESUME WORK
OF CONSTRUCTION
Plans OF Z. & N. Indicate Time
for Large Railroad
Expansion. s.5
NEW INDUSTRIES Il OF WEEK
Rurnors Of Big Investments BY
Foreign Capitalists in South
ern Enterprises.
NEW INDUSTRIES o WEEK
Especial to The Times-Dispat ch.


Baltimore. June 17.-Railroad and
industrial enterprises of great magni-
tude, indicative of the broadening ac-
tivities of the South. are reported for
the week in the Manufacturers Record.
The most important item of business
news from the South during the week
is the announcement that the Louis :
vile and Nashville Railroad Will take
up some large construction work
which had been planned prior to the
panic of 1907. including the building
of double-track road ITO miles in
length. and OF large Improvement work
on It's lines in the Central South at
an aggregate cost estimated to be
about si5.o0000o
AS indicative of, recognition that
the time has come for large railroad
expansion in the South. this undertake
ing of the Louisville and Nashville is
of the greatest moment.
The announcement recently made
that English cotton spinners had in
vested # 100000 In cotton growing
lands In the South Is followed by some
details of the purchase in this weeks
issue. and likewise by the announce
nient that the Pearson Interests, long
Identified with the investment of Eng
lish capital in Mexico, have secured
S6.000.oo0 of English money for the
development OF an irrigation system
in Texas, to include the building of a
dam at an estimate ted cost of S1,6O0,0oo
and provision for irriEating $4,000
acres of land. There are unconfirmed
rumors of number OF other large In
vestments by foreign capitalists in
Southern enterprises, railroad and In
dustrial, and the Indications are tina
the South Is again becoming an at
tractive field for European capital.
Among other Industrial and kindred
enterprises announced In this weeks
issue Of the Manufacturers Record are
taken the following brief summaries
OF few OF the more important ones:
The Suwanee Lumber Company,
bowling Park, Fla. contracted to buy
200.000,0oo feet of pine, and will con
struct saw !. III with planer, dry kilns.
etc, for a daily capacity of $4,000 feet
of lumber alg 4
". j. Grandin, Tidioute, Pa, pur-
cha sed $4,000 acres OF timber land in
North Carolina to be developed by
building saw and planning mills, etc.
The Long Bell Lumber Company,
Kansas City. Mo-, is negotiating for
about 100000 res of timber land d
three mills with a capacity Of 1907
100000 feet OF lumber In Texas
The Appalachian Power Company,
1oCCod, Ca, was incorporated with
S250o0o capital stock to develop a
ater-power property In Northeast
Georgia. Details OF construction are
not ready for announcements
The Virginia Land and Waterpower
Company. Byrdv..ie. Va. was chartered
with s225,o00 capital stock by Virginia
and North Carolina capitalists
George c. Brown & Company Mem
phis, Tenn. will develop 1000 acres Of
timber land In Arkansas and erect a
band sawmill with a daily capacity of
about 10000 feet OF lumber.
The North Carolina Orchards Com
pany, Fayetteville. ". c., was incor-
porated with s35o.ooO capital stock to
develop, 5000 acres OF land by the Gull
tivation OF pecans, grapes. straw
berries. cotton. etc RI,
The American Pocahontas Galleries
Corporation, Roanoke, Va. was incor-
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