The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-07-22
SOUTHERN BUSINESS
LOOKING Up SOME
EXPERTS SAY
Manufacturers Record Shows COnsld.
cradle Activity In Business Cir.
cles Through the South Land
This Month.


ter-power developments, new textile
plant construction, ETC., are among the
activities in the South announced in
this weeks issue of the Manufacturers
Record. Brief summaries of the most
important announcements follow.
Seventy thousand acres of coal land
in Leslie, Letcher Perry and Pike
counties will be developed by the Vir-
ginia Coal & Coke Company, Roanoke,
Va, organized with $10,00O,OO0 capital.
Philadelphia capitalists have organ
lied the Southeast Coal Co., Seco, KY,
to develop 5000 acres of coal land, and
they plan a daily output of 1000 tons.
West Virginia investors will organ
ize the Victor Coal Co., Pinson June
ton. KY. with 100000 capital for de-
veloping coal land.
Kaolin will be mined by the Tri-
State Mineral Co., Franklin, N. c., or
ganized with 100000 capital to de-
velop $500 acres.
Ten thousand acres of timbe rland
will be developed ythe Spring Creek
Lumber Co., Spring Creek, W. Va,
organized by Elkins manufacturers.
This companys plans include cutting
the timber, building large band-saw
mill and constructing Is to 1S-mile
standard-guage railroad connecting
with Greenbrier branch of Chesapeake
& Ohio Railway.
Capitalized at $1,0O0,O0O the North
Texas Rock Co. of Fort Worth, Tex,
has been chartered for quarrying rock.
Developments are planned by the
Waxhaw Mining Co., Monroe, ~ c., in
corporated with 100000 capital.
An 100000 plant for manufacturing
fuel briquettes from Ignite will be
established by the Ignite Products
Co., st. Louis, Mo-, organized by St
Louis and Chicago investors. This
company proposes to build a destruc-
tive distillation plant, using Ignite as
base, and the first unit will have a ca
pacity of 600 tons. 1t is considering
five locations in Texas, Louisiana and
Arkansas.
Engineers reports have been COM
pleted and financial arrangements are
being perfected by the Arkansas Hy-
dro-Electric Development Co., Heber
Springs, Ark, for building its hydro
electric plant on Little River About
$4,000 horsepower is to be developed
by two dams and the first installation
will cost s1,2O0,OO0. The cost of this
dam and a second structure, with 1870.
mile transmission system, will be 49,
100000.
Organized with s1,OOO,OOO capital
the Cogswell Refining Co., will built
a refining plant at Henryetta, Okla
This enterprise will include 12-acrt
cite, with facilities for manufacturing
gasoline, naptha and kerosene.
Tank cars will be manufactured b!
the Southern Agricultural Tank Lint
Co., Atlanta, Ca, incorporated will
s1,OOO,OOO capital.
At Kansas City, Mo-, the ]. c. Lysl,
Milling Co. of Leavenworth, Kans, will
will build S600,0000 -four mill. .Initia
daily capacity will be 1900 barrels, an,
this output will be doubled.
Collapsible rims will be the produc
of the Collapsibe Rim Co., Ashville, n
c., organized with 100000 capital.
Fertilizer and oil will be manufac
tured by the Oconee Oil & Fertile
Co., Senaca, S. G., incorporated wit
100000 capital.
A $150,000 ice factory with daily ca
pacity of rs tons will be built by tn
Buena Vista Ice Co.. Buera Vista, Fla
organized by Florida and Indiana cap
italists.
A plant for manufacturing candy, ia
gether with the cardboard and ii
boxes required for packing, will b
established at Charlotte, n c., by tn
p. D. Christian Company, organized 0
Atlanta Ca, with $3.50, 1000 capital
Pioneer Hosiery Mills Co, has bee
chartered at Corsicana, Tex, wit
100000 capital by Bush Wofford an
william Clarkson, Jr., This corpora
ton viii establish a plant with dali
capacity 200 dozen pairs of hose.
nlouscs will be manufactured by tn
Monumental MILDLY Co., Baltimor,
Md. incorporated with 100000 cap
tai.
Cotton products will be manufactur
ed by the Moncure IN. CO. Manufactur
ing Co., organized with 100000 cap
tai.