The Prescott daily news., 1916-01-24
LARGE ENTERPRISES
 FOR THE SOUTH
Manufacturers Record Contains Important Announcements of Large Enterprises Planned in Various Parts of South.


 In it's weekly review of Southern industrial progress the Manufacturers Record contains important announce ments of large enterprises that are being planned in various parts of the Southern States.
 Among some of the most important are the following:
 The Texas Steel Co.,, of Beaumont, Tex, will be incorporated with $2,500,- 900 authorized capital for the devel- opment of Texas iron-ore properties and the construction of furnaces, steel mills, etc. Beaumont investors have subscribed $1,500,0O0 and provided 200 acres of land as a site for the plant. The initial daily capacity will be 300 tons of iron, cast-iron water, gas and sewer pipe.
 Samuel P. Wetherill of Philadelphia with associates, plan to purchase and develop 11,0OO acres of zinc property near Lone Mountain, Tenn. They ex- pect to have a plant with a daily ca pacity of 10000 tons, besides 26 miles of railroad and an industrial city. En- gineeers and drills are now at work on the property.
 Carolina Wood Products Co.,, Ashe vile, N. C., capital $5OO,000 has been incorporated to manufacture ready-cut houses, furniture, flooring etc. Daily capacity will be 100000 feet of lum- Der. The cost of machinery is $150,- 900 and the cost of buildings $100,000.
 United Cigarette Machine Co.,, Lynchburg, with a capitalization of S3,75O,000 has been incorporated to manufacture cigarette machines.
 Baltimore Tube, Co.,, Baltimore, Mr., IS5,000,000 and will install machinery during March, to about double it's present monthly capacity of 100000 pounds of seamless brass and copper tubing.
 American Chemical & By-Products Co.,, Frankfort, Gy., has been incor- porated with s3,75O,O00 capital, and will operate plant costing about S750,000 with a daily capacity of 800 tons of coal.
 Kingsport Pulp Corporation, Kings port, Tenn, with capital of $650, ,000 has been incorporated to build mill for manufacturing paper pulp and eventually paper from waste of the Kingsport Extract Corporations plant.
 Muscogee Manufacturing Co.,, Col umbus, Ga, will invest about S400,000 to construct additional buildings and to add 22,000 spindles, 300 looms, machine shops, bleachery, etc.
 Hawthorn Spinning Mills, Clover, s. C., incorporated with S500,000 cap italization to build cotton yarn mill.
 Federal Dyestuff X Chemical Co.,, Kingsport, Tenn, will build $100,000 steam driven electric power plant for driving it's dyestuff and chemical fac tory now under construction.
 New Orleans Railway & Light Co.,, New Orleans, is preparing plans for the installation of street-lighting system to cost $160,000.
 E. w. Clark & Co.,, of Philadelphia, plan construction of $100,000 plant to manufacture gasoline.
 New Orleans Steel X Iron Co.,, New Orleans, organized with S100,000 cap ital to build rolling mill with monthly capacity of 1900 tons. Its raw mater ial will be scrap iron and junk assemb- led at New Orleans.
 Cedertown Cotton & Export Co.,, Cedartown, Ga, will build additions to cost S25,000 and install S640 spindles with additional machinery to cost S100,000.