Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-14
GEORGIA INDUSTRIES.
Cotton Factories Within and
Tributary 10 Augusta, Ga.

The Augusta Chronicle and Sentinel.
in an article on the ''prOpag sti0n OF
New England ideas in the luth, through
the cotton SPINDLE" furnishes the fol-
lowing statistics OF cotton mills, located
within and tributary to Augusta
There are twelve factories which have
established in the city Of Augu sta psr-
manent agencies for the purchase of raw
cotton and the sale Of their msnuiac
lures.
The Augusta Factory, located within
our corporate limits, "Tuus Is 600 spin-
dies and sos looms, manufacturing one
hundred and sixty thousand yards per
week Of shirting, sheeting and drills"
The average daily consumption OF cotton
of this mill is twenty one bales. La sddl-
ton to the sum expended for cotton sup
ply, the Augusta Factory disburses
monthly $l4 900 for wages.
The Granitsville Factory, located some
twelve miles distant from the city,
"runsu % 600 spiadles aad SIT looms,
manufacturing 175 coo yards OF snirJ-
ing, sheeting and dritls,n with an aver
age daily consumption of twenty-five
bates of cotton, and disburses monthly
SI2 600 for Wsg g.
The Richmond Factory, located about
tn. same distaTee from the city as the
foregoing, "runsn 1900 cotton spindles,
700 wosl spindles and 81 looms, c0nsum-
ing 1000 p-uads Of raw cotton daily and
IS, 600 pounds OF wool per year. There
is a peculiar feature in the management
of this factory worthy of notice. The
wool manufactured is not purchased, but
supplied by fSrmers, and returned to
them in manufac Ered goods according
to order, st stipulated prices for cOnver
sion, the cotton for warp being supplied
By purchase. The factory is run upon
" Plains, Oinaburgs and Thread"
Jewels Factory "Euns $500 spindles,
so spindles in one set OF machinery Z"
and consumes four bales OF cotton daily.
The M0ntour Factory "ruas' 1890
spindIes and one hundred and thirty
looms, and cOnsunes six bales of cotton
per diem
OF the fve following factories, to-wit
The BrincetOB, Athens, Georgia, High
Shoals, and Fontenoy Mills we have no
specific details, but they aggregated not
less than II COO spindIes and Two hum
dred and fifty looms, and consume not
less than thirty bales OF cotton each
working day.
Tue H1pewell Factory runs 2200 spin
dies and forty looms, and consumes three
Bdlcs u GDttOu pei
The Long 5ho i Factory "runs $500
spindles and seventy-ave looms, and
consumes three bales OF cotton per day.
The mills enum Grated, are only such
as are tributary to the market of Augusta.
These aggregate over 10000 spindles and
over 1900 looms, dem anuing a minimum
average for daily supply, OF more than
ninety bales OF raw cotton. All Of these
mills are prosperous and prosp ering
The Augusta Factory pays it's stOckhold-
ers regular quarterly dividends of five per
cent. or twenty per cent. per annum.
The established dividend of the Grantee
vile Factory is per cent; all profits
over and above this cum are held as a
reserve fand, and set apart as banking
capital; s policy made necessary By the
existing limited II ational Bank capital,
which has been wisely prOtitabiY pur-
sued. We derive this evidence of the
prosperity of these mills from their regu-
lar reports. The remainder of the mills
being close corporations, yield no statis-
tical information as to their prosperity !;
but with two exceptions all of them are
preparing, or are now actually adding to
their msehinery and enlarging their
capacities. It is worthy OF notice, that
special efforts are being made to increase
the speed Of machinery, and that careful
experiments directed TO this end are
being made; and that in one factory at
least OF the list, maehinery is being run
night and day, without Intern ssi0n.