The Birmingham age-herald., 1918-04-29
NEW CAPITAL IN
 INDUSTRIAL SOUTH

Large capital requirements are notable among the many important southern de- Velopmental enterprises announced dur ing the past week, all detailed in Manu- lecturers Record These industrial re- ports include plans of the government Tor Sl5,W0,OoO expenditure at Baltimore and $@o,oco plant at Richmond, Va; a S2,ooo,V0 factory by private capitalists at Maryville, Tenn, and a $1 100000 oil refinery at Duncan, Okla. At Fernan- dina, Fla, a s1,000,00O shpyard will be established and at Bristol, Va, a railway corporation will invest $1,000 600 for gen. eral betterments.
 The $l5,eo0oD project provides for con structing big military shipping station, To include three huge concrete piers and
 warehouses, with accompanying faciIi- ties for handling army supplies, except explosives, for shipment to France. This plan will employ 50o0 men when it is in operation. The s3,o0o,O0O plant is for pow der packing, and will require a 174O-acre site, 5000 men to be employed for op- erating this establishment Nitrate as a by-product will be manufactured at
 the $, ,o0o,0 0o0 Maryville factory, this enter
 prise to be established by tne Aluminium Company of America, which has big 1 aluminium works at Maryville and hy- droeiectric developments near that town. The Duncan refinery will have d daily oil and it will he built by the C. S. C. Oil Refining Co.
 | The Norfolk X Western railway will undertake the Bristol improvements and | IS providing for the construction of shops, bridges, trackage, roundhouse and other 1 "a. .-.ties. k. (. Camp and associates will l build the Fernandina shipyard costing 1 $l,UtO,00 They have contract from the i French government for constructing F ! ocean tugs and F barges to cost s5 1000, ,000 Among the other southern industrial announcements, reported by the Manu- | facturers Record, are enterprises requir- ing a capitalization in excess of sloo,- | 001, which may be briefly outlined as fol- l lows:
 l Naval stores will be produced by the l Lake Charles Naval Store Co.,, Lake
 Charles, La. organized with s9OO0o0 cap l itai and having leases on 60,0O0 acres of l turpentine land in southwestern Louis- l jana.
 ] Mines will be operated by the Silver | Plume Mining & Royyity Co.,, Miami, ] Okla,. incorporated with $500G coo capital by
 Fort Worth (Tex) and Vernon cTex) l investors.
 l Food products will be manufactured by | the Virginia Food Products corporation, Newport News Va, chartered with $50, l 0O0 capital
 Farm and livestock developments are planned by the Du Pont Farms & Live Stock Co., Hastings, Fla, orga nized with
 s5oo,ooo capital by Florida capitalists.
 Lumber will be manufactured by the De I oINAr JNA A~Ir | incorporated with s500,000 capital by Ar
 kansas mill owners
 l Mining property will be developed by the Reliance Lead and Zinc Co.,, Okla | hema City, incorporated with SS5o.000 cap ital.
 Lead ore will be mined by the Lead | King Mining & Development Co.,, Wa tonga, Okla, incorporated with sSO0,O capital.
 Cotton congresses and gins will be op
 erated by the George Finberg company
 Abilene, Tex, incorporated with s250, ,00i capital.
 An expenditure of s25O,O has been de- ] cided upon by the Tampa Dock company 1 Tampa, Fla, to construct marine ways for vessels up to 500o0 tons and install
 considerable machinery.
 Mines will be operated by the Bee Min ing Co, Miami, Okla, incorporated witt
 $2oe GOO capital.
 Mining property will be developed b, the Leadville Mining X Development Co. Miami Okla, incorporated with $l5ooO ! capital
 1 Mineral properties will be developed b, the Bell Metal Mining Co.,, Oklahoma City, incorporat ted with $l50,000 capital. About sl25,0o0 will be invested by D. E Teabeaut. Cuthbert. Ga, and associate to establish a knitting mill flour mil land grain elevator.