The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-04-07
N { W INDUSTRIES
Of THE Asst WEEK
Special to Tho Times. DISPATCH

Especial to Tho Times Dtspatch.l
Baltimore, Md. April 6.--ltevir@ing
conditions throughout the South, the
Manufacturers Record OF this week
says that Industrial operations chow
signs OF Increasing activity. This is
especially niticeable in hydro-electric
work and in plans for the extension
of cotton mil! interests. Following
the announcement OF the financing OF
the Alabama Traction. Light and Pow
CT Company, with Il capitalization of
$4,000. 600. b. nsljshnen, with t, view
TO the ultimate development OF 100
ou0-horscpower in Alabama, the Nest
Penn Power and Traction Company,
of Pittsburgh, has been organized with
a capitalization of s27.00O.0o0. TO de-
relop hydro-electric power at Cheat
River, w. Va, with View TO it's use
in the immediate territory, as well as
transmission to the Pittsburgh dis
trct. Leading Pittsburgh bankers
are financing this undertaking.
notwithstanding the long deprcs-
sion OF the cotton goods trade, in
which there are now some signs or
Improvement. there has been married
equipment and the enlargement OF
cotton manufacturing interest byS CO.
tatlished companies. Eleven mills now
operating have announced plans dur
Ing the first three months OF this year
for adding over $1,000 spindles ami
SIS looms TO their equipment, repre-
senting an outlay OF Approximately
sl.50o.Oo0. while three new companies
We're organized to build mills which
viii have an equipment of 5000 spin
dies and $50 looms. The Durham HOS
iery Mills, Durham. y. c., owning a
number of hosiery plants capitalized
at Sl,0o0,00o. will increase the capital
zation to s1.75o,Oo0 for the purpose OF
making large improvements.
Among other Industrial enterprises
OF Importance reported during the
week are the following:
New Orleans Terminal Company.
New Orleans, La, appropriated $1,000
coo for improvements. IL include com
pleting Chalmette slips, installing
grain elevator of 500,uV0 bushels ca
pacity. building cotton Warehouses ana
sheds, replacing Charlmei,c wharf
with treated tlmbers. etc.
Old Dominion sulphur Company,
Va, was Incorporated
sulphur pyrites deposits and proposes
installation OF initial plant with 700
tons daily capacity.
Lewisbure and Northern Railroad,
Nashville, Tenn, awarded contract Tor
constructing a,3ooroot steel and con-
crete bridge across Cumberland River
costing from 100000 TO 100000.
Glcnwood Cotton Mills Easley. s. C,
awarded contracts for additional build
ing and machinery TO cost $780, oop, In.
GLIDING 10000 spindles snd $50 looms,
with three-story los by 342-foot build
ing.
Marion Manufacturing Company,
Marion, y. g, decided 10 erect addi-
tional building, costing se5ooo to sau.-
ooc, and install 1900 spindlcs, with
900 looms, etc. costing from 100000 to
contracts and about TO award building
contracts.
Spicer Tabulating Machine Company,
Washington. u. C.. was incorporated
with 100000 capital stock 10 manu-
facture tabulating machines.
Nermillion Sugar planting ana
Manufacturing Company. Abbeviile
La. was incorporated and awarded
contract TO build sugar refinery, cost
Cecilia Sugar Company, Brcaux
Bridge. La, was organized with $3.50
600 capital stock to build sugar mill
with daily capacity coo TO 700 tons OF
cane.
Ashland Telephone Company. ASH
land, Ky, was incorporated with Sl95.-
100 capital stock to operate telephone
system.
Twyford Automobile Manufacturing
Company, Houston. Texas. was incor-
porated with 100000 capital stock. ac-
CURED plant and is installing addl-
ronal new machinery to provide for
building motor cars.
ocmulgee River Lumber Company
McRae. Ga. WAS Incorporated with
100000 capital stock 20 manufactures
lumber.
American Mining and Expior3tion
Corporation Richmond, was chartered
with 100000 capital stock to develop
mineral properties. New York capital
being largely Interested
Davls-Palmer Co.. Harveys Wharf.
Va, was Incorporated with 100000
capital stock, TO manufacture fertiiiz-
Hasslnger Lumber Company. Ken
narock, Va. was Incorporated with
$4,000 capital stock 10 manufacture
lumber.
New River and Ohio Coal Company.
capital stock 100000, was incorporat
ed by Chicago capital to develop coal,
lands in New River field Of West Vir-
ginia and in Ohio.