The Cordele dispatch. (Cordele, Ga.) 19??-1971, 1917-02-07
LARGE INVESTMENTS
MADE IN THE SOUTH
Report Also Shows Notable Diversity
of Character in the Many Develop
msnt Enterprises.

Baltimore, Jan. 29.-Large invest
ments of capital and diversity OF rhar-
acter are especially notable feature OF
the past weeks southern development
! tai enterprises, as announced in to-
days Manufacturers Record. These
announcements include plans for an
expenditure of several millions Of dol
lars for building a large oil refinery
at Houston and for laying a pipe
line with daily capacity from $4,000
to 10000 barrels of oil, from Oklaho-
ma to Houston. Another important re-
port is an authoritative statement
from Marshall Field G Co., of Chicago
who have purchased 1000 acres Of
land near Martinsyille, Va, planning
to utilize this property as a site for
an industrial city containing several
large mills for manufacturing cotton
cloth, hosiery and other textile pro-
ducts. This announcement indicates
the continued trend Of the cotton man.
ufacturing industry 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 Tennes-
see is the plan Of an $850,000 corpora
ton chartered with Offices at Clifton
Forge, Va. A 100000 organization at
Richmond, Va, is proposing to build
a plant for manufacturing railway sig
nails. At Gastonia, N. c., 100000
company has incorporated to build
cotton factory. Further graphite de-
Yelopments in Alabama are seen in
the organization OF three new compa-
MES, which will mine and manufac-
ture graphite, these enterprises being
capitalized at $125,000 100000 and
$50 1000. 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, Md, where the Beth
lehem Steel company is progressing
with its $3O,O00,OO0 additions and i'm
orovements, New England capitalists
have purchased site for 100000
plant to manufacture machine and
wood screws On New River in West
Virginia, a 100000 company will de,
ye!oj coal land. At lake Charles, La,
4 100000 company will manufacture
lumber, In Virginia $150,000 com
pany will manufacture specialties fer
cotton mill machinery. At Bridgeport,
w. ", a $150000 company will man
ufacture window glass.
Many other developments in Which
the investments are less than $15O-
900 are also outlined, and brief ref
erences to few Of them are:
Joshua Creek Mining Co., Richmond,
Va, incorporated with 100000 CAPT
tai fer developing mining property.
Rainbow Lead &, zinz Co., Oklahoma
City, incorporated with $4,000 CAPT
tai to develop lead and zinc proper
ties.
Paducah Ice Manufacturing Co., Pa
ducah, Ky, incorporated with 100000
capital to manufacture ice.
Kendrick Aeroplane Co., Washing
ton, D. c., incorporated with 100000
capital to manufacture aeroplanes.
Gulfport Creosoting Co., Loudon
Miss, organized with 100000 capital
to creosote wood products.
Neverdarn Hosiery Mills, Charlotte,
N. c., organized with $4,000 capital to
build mill with daily capacity 1000
dozen pairs of hose.
Wilson & Co., Chicago, wilt invest
$4,000 to build branch meat-packing
plant at Baltimore.
Robert T.. Ryan Company, Phillippi,
w. Va, incorporated with $4,000 cap
ital to manufacture building materials.
Lost River Coal & Land Co, More
field. w. Va, incorporated with $50,
900 capital to develop coal properties.
Banner Hosiery Mills Co., East Dur
ham. N. c., incorporated with $4,000
capital to knit hosiery.
Davis & Allcott, Gadsden. Ala, or
ganized with $4,000 capital to estab
fish mill having daily capacity 1,OOC
dozen pairs of knit hose.
Consumers Cotton Oil Co., Norfolk
incorporated with $4,000 capital tc
manufacture cotton seed oil.
Marion Novelty Co., Marion, N. c..
incorporated with $4,000 capital tc
manufacture sash and doors.
Clyde Pochontas Coal Co., Bosoco
w. Va. incorporated with $4,000 cap
itai to mine coal.