Evening star., 1923-08-28
IMMENSE BUILDING
| PROGRAM IN SOUTH
Summary of Projects Shows
How Millions Are to Be Spent
in Business Expansion.
Special Dispatch 10 The Star.

| oPceiai blspdlcH 10 lHt SIir.
BALTIMORE. August oS-The
sweep of business activity and con-
struction operations throughout the
south goes on with accelerating pace
and on a scale that indicates that
this section is setting stride for
general business and construction
work such as 1t has never before had.
Indicative of the magnitude of
these movements is a contract let in
Atlanta for -trebling the size OF one
of the office buildings in that city.
making it the largest office building
in the south, and coincident there
with the signing OF a contract for a
nfteen-year lease of a portion of that
building at s130,450 per year for first
hve years, s13S.900 for next five years
and $147.750 for last five years. or a
500. the lessee being the Southern
Bell Telephone and Telegraph Com
pany.
Other Vast Projects.
Jumping from Atlanta to Houston
Tex, reports to the Manufacturers
Record show that plans are under
way for the development of port
facilities and industries at the latter
place totaling about $4,000, 900. These
improvements will include new
electric power plant which will ul-
tlmately represent "a cost of 10000,
900. though only $2.000.00O OF the
money expended this year is includ-
ed in this total of $20.000.000; exten-
sion of the operations of an oil COM
pany. including enlargement of plant,
wharves and pipe line to cost ST.
N al nd n rya q
a ia cost of over $4,000, 600. and many
other industries and enterprises.
The Illinois Central railroad has
been authorized to build a cutoff
line of loo miles at a cost of about
/ s17.000.000 to reduce the distance
KY. The company reports that it's
business has outgrown it's main
double-track line and a third track
was necessary, or else this new line,
which will lessen the pressure of
freight movement upon its main line.
Connected with this enterprise will
be an expenditure of between $4,000
100000 and S5.00O.000 for enlarge
ment of terminals and shops. at
Memphis.
Latest b. & o. Il. Il. Plan.
The Baltimore and Ohio railroad
has bought 230 acres of land at East
81, Louis and will spend from $1,000
I L
and other improvements
New York interests have secured
control of hydro electric company
in Arkansas and will carry forward
hydro-electric developments at a cost
of between $4,000, 900 and $50 200. goo
Included in the work will be dam
225 feet high and 900 feet long.
The Tennessee Electric Company of
Chattanooga has filed application
with the Federal Power Commission
for the right to develop three hydro
electric projects in Tennessee to have
an aggregate capacity of 10000
horsepower. and to cost about S1S,-
/ 500 900.
The Highway Commission of Ten
nessee has let contract for road build
! ing to the extent of SS26,000.
Nolusia county. Fla, has awarded
contract for a new highway costing
! S360.00O
s1,OGO.O0O Hosiery MIL in List.
/ A large hosiery mill at Chattanoo-
ga has been purchased and $1,000. 900
will be expended upon enlargements OF
the plant to make it have total
floor space of about ten acres.
A hotel to cost S1,300.000 is to be
built at Nashville.
An 100000 hydro electro plant is
to be built near Dothan, Ala.
Contracts are being let for a textile
finishing plant at Cedartown. Ga, by
the United States Finishing Co, of
New York, to cost about $l,000,0OO
Norfolk will receive bids until
September 10 for a bond issue of
S3.955.600 to be expended on port
terminals and general municipal i'm
provements