Perth Amboy evening news., 1917-11-05
Property Has Been Sold and
Rumor Has 1t That Ships
Will be Constructed.
IT is AN IDEAL LOCATION
U. S. Metals Refining Co. Also
Purchases Parcel of Water
Front Property.

The purchase of two large tracts
OF waterfront property in Roosevelt,
one by shipbuilding company and
the other by the United States Metals
Refining Company, have added to the
general trend of industrial conversa-
ton in this vicinity, the added hope
that the purchases mean a great deal
more of industrial growth in this vi
cinity coupled, as they are, with the
recent purchase and the actual begin
ming of work on the government ter
minal so near to this city.
One of the purchases in Roosevelt
is that of the old Canda Car Company
by the Moore Shipbuilding Company,
of Elizabeth, a subsidiary of the
Bethlehem Steel Company. The pro-
perty consists of sixty-nine acres and
has been idle for many months.
When questioned as to what was
to be done with the plant, the super
intendent Of the Moore company said
this morning that the Bethlehem
company's shipbuilding interests were
being merged into one, centering
about the present plant at Elizabeth,
but refused to state what purpose the
Roosevelt property will be used for.
He stated nothing in regard to the
erection of a ship plant there, but
general conjecture has brought out
the contemplation of the erection of
a shipbuilding plant there in the
buildings and on the property where
the Canda Car Wheel Company for
merly operated before the numerous
transactions through which the plant
has passed.
The property has wide frontage
on the water. which is at good
depth there, and is admirably situat-
ed for the construction of small ships.
q n a
present for occupation.
The company would not state the
consideration for the sale, which was
from Samuel Moore & Sons, Of Eliz-
abeth, to the Moore Shipbuilding
Company of the same place. It is
understood that the transaction was
made through Pease g. Gilman. of
New York, but that concern this
morning professed ignorance of the
sale.
U. S. Metals Co. Buys Land
Another sale of large proportions
Is that Of a 110 acre tract of land,
much of which Is situated on the
waterfront at Roosevelt, from the In
ternational Nickel Company of Bay
onne to the U. S. Metals Refining
Company of Chrome.
AT the main Office OF the U. S. Met
ais Company in New York, it was stat
eu uIllS llpOTfllLS LnttI LHe puTCHdSS was
made purely for speculative purposes,
and that the company did not con-
template an enlargement of their
works at Chrome, but that the land
which lies adjacent to their plant
would not be occupied for the present
Rush Work on Terminal.
Work on the government munitions
terminal at Raritan township on the
Raritan river is being rushed accord
ing to all reports and the contra ctors
Snae & Triest of New York, will soon
start the larger task. of preparing the
land for use and erecting the buildings
which the government plans for the
site.
Speculation Is rife as to what the
terminal means for the future of the
city and the Raritam river. 1t will
doubtless open the river to an un-
dreamed of extent, and make it ar
important channel FOR commerce, from
all sections, from New Brunswick to
this city.
CONTINUED on page 2.)