Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-09-24
VARIOUS Investments
ALL OVER SOUTHLAND
Money Comes to the Good Land OF
Long Seasons and Saiubrious
Climate-rratlc Notes.
NEW THINGS IN rARHEni. STATE
Weekly Records That Tell an Inter-
esting Industrial Story-This Great
Section Is Coming to the Front.
Virginia Needs to Catch Up.

Various investments OF million and
moro dollars In numerous sections of
the great South were reported to tho
Manufacturers Record last week.
reading OF the details of these invest
ments indicates that "a large proper
ton Of the money being spent IN inns
way is EoinG to the enlargement of
s plants that are already established.
various kinds of plants that take in
the,manufacture OF cotton and tobacco
tho two leading money crops or the
South. 1t is Il most encouraging thing
that these moncy-gctting products are
being manufactured At home instead OF
being shipped in tho raw state TO manu-
featuring ccntcrs OF other states
where all of the "trimminEs fall.
In these interesting reports practi-
cally every avenue of cndeavor look
ing to the development of the South's
natural resources is indicated, In inc
list are included tobacco factories, coal
mincs. cotton congresses, cottonsccd-
oil mills drainage systems. foundry
and machine plants. electric plants. ice
factories, cold storage plants, saw ana
planning mills. hydro electric develop
mcnts graphite mines, lead and zinc
mines. textile mills, Woodworking
THE WAY THE RECORDS
TELL TIE STORY
II is to be regretted that Virginia
does not figure in this summary any
moro largely than II does.
The most important announcement
Is that of the Alabama Power Com
pany. birmingham. which plans u
100000 investment in adding TO
electric steel furnaces. altering rolling
mills and making other improvements
at the plant of the Admission (Ala)
Properties Company, which 1t controls.
There are two electric steel furnaces
at this plant. another is nearly COM
plete, and three are under constitute
ton. A big new corporation is the
Rockcastle Cement and Lime Company.
of Pink Hill. Ky, incorporated with
$500. 900 capital By Baltimore capital
lists. who plan TO crush limestone and
manufacture Portland cement An
other large new enterprise is the Royal
Vindicator Company, of Tailapoosa.
Ga, chartered TO develop Georgia gold
mining properties Two others are the
Black Bayou Drainage District, Green
vile. Miss. which has organized TO re-
claim 100000 acres of land. and plans
to construct Il $4,000 drainage sys-
ten: and the kissimmec Cattle Company,
jacksonville. Fla. which has incor-
porsted with 100000 TO establish
cattle ranch on the i<isstmmee Prairic.
This latter enterprise is suggestive in
connection with recent announc"m"nts
OF meat-packing companies organized
in the Southern States.
Abbreviated. the record shows up
partly as follows:
Olive Hosiery Knitting COMPANY,
Shelby, y. C., recently Incorporated
with 100000 capital. will build mill
with daily capacity 900 dozen pairs OF
hose.
De Luca & Holton Logging Company.
Wilmington. y. c.. incorporated with
100000 capital for cutting and logging
timber.
N. c., Incorporated with 100000 capi-
tai to build electric plant.
Goodwater Graphite Company, Good
water, Ala, incorporated with $780,
600 capital to develop graphite proper
ty, daily capacity 10 be 100 tons.
Pocahontas Root Beer Company Bir-
minEham, Ala. incorporated. with $780,
600 capital to manufacture beverages.
Paramount Chemical Company, Fair
mount, w. Va, will build plant with
annual capacity 10000 tons Of sui,
phuric acid and auxiliary plant 10
manufacture nitric acid; iircproof con-
struction steel and concrete buildings
to cost about $4,000.
Nick-a-Jack Hosiery Mills Chatta-
nooSa. Tenn, Increased capital from,
$4,000 to 100000
FlickerleSs shutter COMPANY, Louis.
Vile. KY, incorporated with $6c.oo0
capita! to manufacture photograph
camera shutters.
Wake County Cottonsecd oil Com
pany: Raleigh. y. c, Incorporated with
$4,000 capiia} TO manufac,ure cotton
West Bfan6h Coal Company. charles.
ton, W Va. Incorporated with $4,000
capita! 10 develop coal mines.
Hoicombe Tobacco Cor!pnnv Rich
nond. Va, incot potatea with s50.0oo
Capital 10 manufacture tobacco
Marine S-aoEeless Co.l Co,npa,. Nc
Dowel County. ". Va. !rcarpo-.r-d
wl'h $4,000 capital ay Des Moines