The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-06-25
BOON is NOW on IN
{. SH|PBU|LDING CENTERS
Newport News Now Has More Than
S2O,0O0.O0 of Contracts, and Is
Employing $500 Men.
NEW sHrpYARD FOR MOBILE
Galveston Also Preparing to Go Into
Busincss-Sparrows Point Has Con-
tracts for Nine Steamships. to Cost
In Neighborhood of s5,00O,000.

Especial to The Richmond Virginian.) Z
Baltimore, Md. June 24.--Review-
ing the business conditions through
out the South. with special reference
to industrial activities, the Manu-
facturers' Record of this week gives
the following striking facts;
With the Newport News Shipbuild-
ing and Drydock Company, Newport
News Va, the largest shipyard in
America, having under contract be-
tween $2O.0e0. 600 and s25,000000 of
work and employing $500 hands. or
go per cent more than last year, and
the Maryland steel Company, at Spar
rows Point, Md. having under con-
tract nine big steamships, to cost be-
tween $4.500.000 and s5,000,o0e. and
now employing 2.400 men, and ex-
pecting to add 400 more shortly, the
South is taking leading part in the
remarkable revival in shipbuilding IN
this country, due to the European
war. Special reports to the Manu-
facturers' Record show that other
ishipyards throughout the country are
equally as crowded, and some nave
work enough in sight to keep them
busy for several years. Even English
firms are now negotiating To nave
ships built in this country, so rush
ed are foreign yards with naval work.
A new shipyard. to be capitalized at
about $4,000, 600. Is being organized
By Eastern shipbuilders for Mobile,
and a plant capable of building ships
of cQnsidera BILE size is TO be establish
ed at Galveston.
From one of the large oil fields of
Central Oklahoma comes the report
/ that lit is at the present time one
! of the busiest business spots in the
/ United States and is at present pro-
ducing about 100000 barrels day
In that immediate district fourteen
power plants, representing cost OF
about $4,000, 600 have been complete
I ed in connection with these oil oper-
atoms, and a large number of pump
/ ing stations are being constructed at
+ a cost of about $4,000 each. The
amount of crude oil reported as car
tried there in steel tank storage Is
/ 80, 000 GEO barrels. There are in that
vicinity 500 or 500 of these tanks,
each having a capacity of $4,000 bar
/ rels, while several hundred more are
under construction, the total cost of
the steel tanks now in this field and
/ those in course of construction being
about 81. 500. 600.
1 The wide diversity of the industrial
activities seen in the South a pres
ent, where the tendency to new busi-
ness operations is pronounced. is IN
dicated by few of the leading con-
Germs reported during the week. A
Traction company in West Virginia is
planning to build $4,000 electric
power station The Pennsylvania
Railroad has announced plans for
building at Baltimore a coal pier, TO
cost $1,000 090 and tn have a ca
pacity for handling coal for eoastw!se
and foreign trade and 5000 tons per
day of ten hours. A Mississippi lum-
Der company viii spend about $780,
! 900 to build a sawmill. with capacity
lof 100000 feet of lumber per day. to
be driven by electric power. New
York capitalists have organized a
company with capitalization or
$3.50. coo. to build at Kingsport. Tenn,
ia plant for manufacturing tanning ex-
tracts A thread mill at Spray, \. C..
/ is having plans prepared for $500,
i 600 addition to It's plant A Wheel
ling wv, yal steel and iron company
will hold a meeting next week to au-
thorize an issue of s5.000,000 of
bonds, to be expended in improve
Iments and extensions. West Point
(Ga.) mill expects TO let contracts
next week for engagements of its
Eplant. to cost about 100000. The
Southern Power Company of North
lCarolina which already has more
than s10,0e0.o00 invested in hydro
electric operations in the Carolinas.
has begun construction work on its
--latest development to generate about
80. 600 to 10000 horsepower.
These shipbuilding. oil and general
industrial operations are indicative OF
many movements which are taking
lplace throughout the South.