Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-23
INDUSTRIAL ACTIVITIES
ALL OVER THE SOUTHLAND
Nine Million Dollar Government Plant
Nay Go Cp at Portsmouth-North
Carolina Enterprises.

Big capitalizations are the special
feature OF the many Southern industrial
announcements of the past week. as de-
These reports OF Southern activity In
clude arrangements for establishing
plants and for extending those already
in existence. The enterprises requiring
large investments of capital include 4
slo.eoO,ooO company, which Texas.
Oklahoma and South Dakota ranchmen
have organized to drill for gas. oil, coal.
sulphur, etc, on several hundred thou
sand acres Of land in Texas. Near
Portsmouth, Va, there will be an en-
penditure exceeding 100000 to build
an explosives manufacturing plant for
the government at Arcadia. Fla.
there will be built two aviation sta
tons costing sI.50o.0oo. and contract
for these has been awarded. At Mont
gomery. Ala; Lonoke. Ark.. and Hous-
ton, Tex, the government has contract
cd for three aviation stations. each
costing S750.0o0. A 100000 cXpendi-
ture is understood to be proposed by
the Alabama Power Company, Of Bir-
mingham. Cor cnlarging It's Warrior
River stcam-drivcn electric plant in
order to obtain additional electricity
to be used by the government In it's
$4,000, 900 cyanamid plant (now build
inE). near Sheffield Ala. At Norfolk
the Seaboard Ice and Cold Storage
Company (Which Incorporated with =
capitalization of $4,000 00) is prepar-
ing To build a large ice-manufa curing
and cold storage plant. the initial
building 10 be- Of steel and concrete
seven stories high. planned for five,
story addition.
Other Southern announcements in the
Record OF enterprises capitalized at and
exceeding 100000 Include those from
which is taken tho following brief
summary:
Eleven thousand yards OF cotton cloth
will be the daily output OF the Couch
Manufacturing Company. East Point.
Ga. incorporated with 100000 capt.
tai
oil lands will be developed by the
Mobiic-Kcntucky Consolidated OIL Com
pany Atlanta, Ga. incorporated with
si.o00.0oh capital.
Georgia iron orc will be mined by
the Thompson-W einman Co.. Carriers
Vile. Ga. incorporated with 100000
capital by Cartcrsvillc, New York and
New Jersey capitalists.
An Increase of capitalization from
$2.500.000 to 100000 has been decid-
cd upon by the Durham Hosiery Mills.
Durham. y. g. which operates a num-
hcr OF large plants for tho product ion
OF knit hosiery.
Bargcs Will be operated on the Ohio
River and its tributaries by the Lib
erty Transit Company, Wheeling. W.
Va. inco.poi 7ted With 100000 capital.
Absorbent cotton and artificial silk
Will he manufactured by tho Texas
Textile Company. Houston, Tex. incor-
poratcd with S2So.ooo capital and pro-
posing a daily capacity Of 1000 pounds
Of cotton. with 100 pounds OF silk.
West Virginia coal will be mined by
the Cardiff Smokciess Coal Company.
Fairmon.. W. Va, Incorporated with
100000 capital.
Lime will be the product Of the Ocala
Lime Manufacturing Company. Ocala,
Fla. Incorporated with $4,000 capital.
Athletic underwear will be nnanufac-
tured by the MofIitt Underwear Com
Dany. High Point. ~ c.. incorporated
With $4,000 capital.