Another Big Enterprise for Norfolk.
Following the announcement that the Chesapeake & Ohio is to enter Norfolk comes the statement that the United States Cotton Warehouse & Loan Co. has asked for legislative authority to build wharves, warehouses, elevators and other buildings; also to construct and operate a terminal railway not over five miles in length. It is also to conduct a general wharfage and warehouse business, with a capital of at least $50,000. The main office is to be in Norfolk or Portsmouth. The corporators are Edward A. Pierson, of New York; John H. Dingee, of Philadelphia; J. Andre Mottu, of Norfolk; J. R. McMurran, of St. Paul, Minn.; Heber Alter, of Philadelphia; James Y. Leigh, of Norfolk; S. Henry Norris, of Philadelphia; William Burrington, of Philadelphia; Herman Niemeyer, of Portsmouth; Fergus Reid, of Norfolk; C. W. Murdaugh, Marcellus Miller, of Berkley; Parke Poindexter, of Berkley; William Goddin, of Philadelphia; William Schmoele, Jr., of Portsmouth; John L. Vaughman, O. P. Heath, S. L. Burroughs and Walter S. Taylor. A number of well-known capitalists appear in the list, and the enterprise evidently means much for Norfolk and vicinity.
The Florence Pump Co., of Florence, Ala., has made a contract with a Philadelphia firm to supply $40,000 worth of pumps.
The water works plant at Yorkville, S. C., has been completed, tested and accepted by the town council. The plant consists of about three miles of mains, a stand pipe seventy feet high on a fifty-foot tower, 120 feet in all, with a capacity of 60,000 gallons. The water is forced into the stand pipe by a pump of 500,000 gallons capacity, and the stream which furnishes the water will furnish (estimated) 150,000 gallons a day. There are 800 feet of hose, and the total cost, including hose, was $16,800.
The Shea Plating and Manufacturing Co., of Cleveland, Ohio, has entered into a contract to remove to Macon, Ga., and the work of transferring the plant has begun.
Railroad communication and the building of ice factories on the west coast of Florida, have resulted in the building up of an important fishing industry, which is growing rapidly. St. Petersburg, Clearwater, Dunedin, Ozona, Sea Side and Tarpon Springs are the principal shipping points, and there was forwarded from these ports for 1893 a total of 7,901 barrels.
The Fort Worth Gazette says of Terrell Texas: “Never before in the history of Terrell and vicinity has there been such demand for homes and tillable grounds. Many persons having large pastures are cutting them up in farms, at least a portion, and if the demand increases the large pastures will have to be given up to farming interests instead of grass pastures. Several thousand acres of new land will be put in cultivation this year in this county.”
For several weeks Messrs. Rand, McNally & Co., printers and publishers, have had an agent in the South prospecting for the most suitable place, in point of business and situation, to establish a distributing house, their main houses being in New York and Chicago. Charlotte, N. C., has finally been fixed upon as the most desirable point.
Newport News had the honor of constructing the first iron and steel merchant vessels built in the South, and the largest ever launched in the United States. El Cid, made famous by being turned into a warship for the Brazilian government, enjoys the distinction of having broken all records in the passage between New York and New Orleans. El Norte, El Rio, and El Sud are not far behind her. Following this distinction comes the docking for repairs of the big American liner New York, which was done February 19. The New York is the largest ship ever docked in America. No other yard on this side the Atlantic could do it. The Newport News dock has but one rival in point of size—the government dock, at Brooklyn—and it is doubtful if that is large enough to admit of her entrance. As soon as the big ship touched the dock a force of 1000 men was put to work upon her.
A new manufacturing enterprise of some importance is about to be inaugurated at Bedford City, Va., by Mr. W. B. Dunn, who has organized the Bedford Manufacturing Co., with himself as secretary. The company’s purpose is to manufacture custom-made clothing to be sold at manufacturers’ prices, making a specialty of trousers, using the product of all leading Southern woolen mills, as well as other fine foreign and domestic goods. It is intended to appoint agents in all towns and cities in the South having 4000 inhabitants or more.
The city hall at Richmond, Va., recently completed at a cost of $1,370,000, is one of the finest municipal buildings in the country.
It is announced that the Boston capitalists who have decided to invest about $300,000 in an office-building in Atlanta, Ga., have secured a site and are to have plans prepared at once. Mr. H. M. Atkinson, who is their Atlanta representative, states that the building is to be fire-proof, ten stories high and will contain all the features of the modern structure for offices.
Hon. Jonathan Norcross, of Atlanta, Ga., is having plans prepared for a five-story building for offices to cost several hundred thousand dollars.