Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1917-01-29
INVESTMENTS WITH
SOUTH HAVE A WIDE
RANCE DURING WEEK

BALTIMORE, Md, Jan. 29.-Large
investments of capital and diversity of
character are especially notable feat
ures of the past weeks Southern de-
velopment enterprises as announced in
this weeks Manufacturers Record.
These announcements include plans for
an expenditure of several million dol
lars for building large oil refinery at
Houston and for laying a pipe line.
with daily capacity from $4,000 to TO-
600 barrels of oil, from Oklahoma to
Houston. Another important report
is an authoritative statement from
Marshall Field & Co., of Chicago, who
have purchased 1000 acres of land
near Martinsville, Va, planning to util
ize this property as site for an indus
trial city containing several large mills
for manufacturing cotton cloth, hos
iery and other textile products. This
lIlOlCdISS tlC SOlLlAuS0
trend of the cotton manufacturing in
dustry to the cOtton-growing section,
and the firm named already controls
North Carolina mills in which more
than $1.500,00O have been invested.
Iron mining in Virginia and Tonnes
see is the plan of an $S50,000 corpora
ton chartered with offices at Clifton
Forge, Va. A 100000 organization at
Richmond, Va, is proposing to build a
plant for manufacturing railway sign
ais. At Gastonia, N. c., a 100000
company has incorporated to build a
cotton factory. Further graphite de-
velopments in Alabama are seen in
the organization of three new compan-
les, which will mine and manufacture
garphite, these enterprises being cap
italized at $125,000 100000 and $780,,
600 An Alabama cotton factory is to
be increased by $4,000 spindles and
several hundred looms, ETC., at an ex-
penditure of probably $$250,000. At
Sparrows Point, Nd, where the Bethle
hem Steel Co. is progressing with its
$20,000,000 additions and improve
ments, New England capitalists have
purchased site for 100000 plant to
manufacture machine and wood
screws. On New River in West Vir-
ginia a 100000 company will develop
coal land At Lake Charles, La, a
100000 company will manufacture
lumber. In Virginia $150,000 COM
rany will mine glass sand At Bolton.
S, c., $15O,OOO company will manu-
facture specialities for cotton-mill ma
chinery. At Bridgeport, W. Va, $780,
900 company will manufacture window
glass.
The essential facts regarding all
these enterprises, as we'll as articles
pertaining to various phases of South
ern industrial progress, are presented
i'll the Manufacturers Record
Many other developments, in which
the investments are less than $4,000
are also outlined, and brief reference
to few of them are:
Joshua Greek Mining Co., Richmond,
Va, incorporated with $4,000 capital
for developing mining porperty.
Rainbow Land & Zinc Co., Oklahoma
City, incorporated with 100000 cap
ital to develop lead and zinc proper
ties
Paducah Ice Manufacturing Co, Pa.
ducah, KY, incorporated with 100000
capital to manufacture ice.
Kendrick Aeroplane Co., Washington,
Il. c., incorporated with 100000 cap
ital to manufacture aeroplanes.
Gulfport Creosoting Co., London,
Miss, organized with 100000 capital
to creosote wood products.
Neverdarn Hosiery Mills, Charlotte,
y. c., organized with $4,000 capital to
build mill with daily capacity 1000
dozen pairs of hose.
Wilson & Co, Chicago, will invest
$4,000 to build branch meat-packing
plant at Baltimore.
Robert F. Ryan Company, Philippi,
VA Uo iupOrnoro+o5 vryi+l, S50 000 oaD-