The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-01-23
Greater Progress at Hopewe AS City Rises From Ashe
INDUSTRIAL ACTIVITY
EVIDENCED IN SOUTH
Many New Enterprises Launched
widespread Activity Shown
Throughout Whole South.

Baltimore, Md. Jan. 22.-In its
weekly review OF Southern industrial
progress the Manufacturers Record
contains important announcements of
large enterpl ises that are being
planned in various parts of the South
ern States
Among some of the most important
are the following:
The Texas Steel Company, of Beau
mont. Tex, will be incorporated with
$4,000, 900 authorized capit~l for the
critics and the construction of furnaces.
steel mills, etc. Beaumont investors
have subscribed $1,500000 and pro-
vided zoo acres of land as site for
the plant The initial daily capacity
will be 800 tons OF iron, cnst-iron
water. gas and sewer pipe.
Samuel r. Wetherli OF Philadel-
phia, with associates. plan to purchase
and develop II 900 acres OF zinc prop
erty near Lone Mountain, Tenn. They
expect to have a plant with a daily
capacity OF 10000 tons, besides TWEEN
ty-six miles OF railroad and an indus
trial city. Engineers and drills are
now at work on the property.
Carolina Wood Products Company.
AsheviHe, n. c.. capital. 100000. has
ready-cut houses. furniture, flooring,
etc. Daily capacity Will be 100000
feet OF lumber. The cost of machinery
In $4,000 and the cost of buildings
100000.
United Cigarette Machine Company,
Lynchburg, with a capitalization OF
$3.750,o00. has been incorporated to
manufacture cigarette machines
Baltimore Tube Company. Balu-
more, Md, has increased its capital
stock to s5.000,oo0 and will install
machinery during March to about
double its present monthly capacity
of 100000 pounds of seamless brass
and copper tubing.
American Chemical and By-Pro-
ducts Company, Frankfort, KY. hac
been incorporated with $3.50, 600 cap
EitAl, and will operate a plant costing
Eapout $4,000 with daily capacity OF
4 500 tons of coal.
+ eKingsport Pulp Corporation, Kings
FORT. Tenn, with capital of $500
has been incorporated to build mil
for manufacturing paper pulp and
eventually paper from waste of the
Kingsport Extract Corporations plant
Muscogee Manufacturing Company
Columbus Ga, will invest abon'
100000 to construct additional build
fngs and to add 22 900 sptndlea, SUI
looms. machine shops, bleachery. etc,
Hawthorn Spinning Mills. Glover. s.
c., incorporated with 100000 capital
ization to build cotton yarn mill.
Federal Dyestuff and Chemical
Company, Kingsport, Tenn. will build
steam driven electric power plant for
driving its dyestuffs and chemical fac
tory now under construction.
New Orleans Railway I'd Light
Company. New Orleans. Is preparing
plans for the installation OF street
lighting system to cost $3.50, 900.
E. w. Clark 4 Co. Philadelphia
plan construction of q sf6e, zee plan,
to manufacture gasoline.
New Orleans Steel and Iron Com
pany. New Orleans. organized witt
500, 900 capital to build rolling mill
with monthly capacity OF 1880 tons
It's raw material will be scrap iron and
junk assembled at New Orleans.
Cedartown Cotton and Export Com
pany, Cedartown Ga, will build ad-
ditions to cost SIS, 200 and install S.640
spindles with additional machinery &c
cost $10o,00v