Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-08-26
INDUSTRIAL ACTIVITY |
ALL OVER THE SOUTHLAND |
LARGE Sums of Money BEING Invested |
In DcNcloPmental Enterprises in
NirEinln ind North Carolina.


Virginia and North Carolina.
Extensive plans for enterprises re-
| ouiring largo investments Of capital
| are among the numerous Southern de-
rclopmcntul announcements Of the pa st
week. They provide for manufactur-
| ing and other similar plants utilizing
| Southern resources in the production
of articles in great demand. From the
| current issue of the Manufacturers
Record tho following brief summary Of
the moro important Southern indus
| trial news is made:
Important extensions and additions
are planned by the Newport News and
Hampton Railway. Gas and Electric
Company. Newport News. Va. which
has increased it's capitalization from
S@.3TS,0oo to 100000.
Barges and other vessels will 30
| operated on tho Mississippi River by
| the Liberty Transportation Company.
0oc.Vv0 capital and plans TO build ter
minals
An investment of 100000 for site.
buildings, machinery, etc, for manu-
featuring kraft paper Is planned by
the North Carolina Paper and Pulp
Company. Wilmington. N. c.
Iron mining and manufacturing will
be the principal activities of tho Shelf
field Iron Corporation. Sheffield. Ala.
incorporated with s775.500 capital as a
part OF the reorganization plan OF the
Sheffield Coal and Iron Company. This
corporation IS now rebuilding its Shelf
field furnace, improving its Jasper coke
ovens. adding to mining plants. etc.
River terminals Will be constructed
by the city OF Memphis. Tenn. which
has voted 100000 bonds to provide the
necessary funds.
An investment Of 100000 is planned
by the Morris Fertilizer Company. At
lanta. Ga. for building a fertilizer fac
tory at Navassa, y. c., the annual ca
pacity TO be $4,000 tons.
An expenditure OF s503.4To is esti-
| mated for the municipal river termi-
nal improvements for which the city
OF Mobile. Ala. recently voted 100000
bonds. The new construction Is to
include T,500-foot wharf costing
s232 500. $500 feet of bulkhead costing
sS3.20e. six miles OF railroad track
100000 cubic yards Of dredging to cost
s120. 600.
Nonalcoholic beverages will be
manufactured by the Huntington Bev-
erase Company. beverage, ". Va. in
corporated with a capitalization OF
S300,o0
Shipyar0e will be established at
Beaumont, Texas. by j. N Mccain
mon. of Pine Bluff, Ark, who has
leased a plant site and secured an ini-
tial contract to build a number OF
a.500-ton wooden ships costing $780,
600 each for the government.
Brazoria and Fort Bend County
{TeHas) sulphur and oil properties will
he developed by the Swift Sulphur and
Oil Company, Houston. Texas, charter
ed with a capitalization of S25o.0oo.
Fertilizer and oil will be the pro-
duct OF the Pensacola Fertilizer and
Oil Company. Pensacola. Fla, incor-
porated with a capitalization Of $780,
600 to New York investors.
Kentucky coal will be mined by the
Elkhorn Byproducts Company. Pike
willie. KY incorporated with s20n,o00
capital for the development of 1000
acres of coal land.
Arkansas lead and zinc will be mined
by the Zig Jack Mining Company. Har-
rison. Ark, incorporated with i CAPT
talization of sl5o,o00.
Coal will be mined and coke will be
manufactured by the Harold Coal and
Coke Company, Roanoke. Va! incor-
porated with n capitalization of sle5,-
O00
weevil will be manufa ctured by the
Kyser Manufacturing Company, Biz
mngham. Ala, Incorporated with
capitalization of 100000.
Lumber will be the product of the
Coal Fork Lumber Company. Charles
ION, w. va. with Il capt.
tai of $4,000
Cleansers will be manufactured by
the Hancock Cleanser Company. Chat
tanooga, Tenn, incorporated with
capitalization of $4,000.
West Virginia coal and timber land
will be developed by the Pocahontas
Coal Land and Timber Company. of
Princeton, w. Va. chartered with
capitalization Of $4,000.
Virginia marble. onyx and granite
Will be quarried by the Virginia Mar
BILE and Onyx Company, Saltpetcr Cave,
Va. organized with $4,000 capital.
West Virginia coal will be mined by
the Depoy Coal Company. WEIGH W..
Va. incorporated with $4,000 capital:
also by the Stonewall Block Coal Com
pany, Stonewall. w. Va. incorporated
with n capitalization OF $4,000
Virginia coal land will be developed
| by the Cumberland Coal Company. Big
Stone Gap. Va. Incorporated with n
ca capitalization of $4,000: also by the
| Beaver Elkhorn Coal Corporation. Bris-
toll Va. chartered with n capitalization
of $4,000; also by the Long Fork Coal
| Company. Coeburn. Va. incorporated
with n capitalization of $4,000
| Hosiery TO the extent OF 1000 dozen
pairs daily will be manufactured by
the Piedmont Finishing Mills. Burling
ton, y. C., recently incorporated with a
| ca pita liZation of 100000