The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1872-03-22

Marietta, Georgia, March 40, 1879.
MANUFACTURING IN THE SOUTH.

tural country. Now, her form of in
dustry is rapidly changing; and,
considering her i'm overished condi
ton, the development of her manu-
featuring interests is really surpris-
ing. We have not at command full
details of the present state Of man
ufactures, but our general informa-
ton, which is believed to be accu-
rate, enables us to present some
facts, which, it is believed, will in
tcrest the readers of the South. At
present it is proposed to notice only
the cotton manufacturing interest in
and near the State of Georgia.
At present there are in motion
about 100000 spindIes, situated as
follows: Columbus and vicinity,
80, 900; Tallahassee, Ala, near
Columbus, 10000; Roswell, Ca,
10000; Macon, 5000; Augusta,
5000; Graniteville, S. G., $4,000;
KaImia, S. c., 10000; these two
last mills are within few miles of
Augusta. Besides the mills men
toned there are several smaller ones,
making the aggregate of 100000.
The success Of the Augusta Com
pany has been remarkable, Before
the war the mills were erected by
company with insufficient capital,
owing to which, and some trouble
about the water power, they were
sold to the present company for
$l4O, 900, on a credit, and 100000
were borrowed for working capital.
Under the energetic management of
Mr.. jackson, President, and Mr..
Coggin, Superintendent, this loan
was paid by the mills, and also the
notes given for the purchase money.
The capital stock was fixed at
5000, 1000, and average dividends of
20 per cent paid. Since the war
the company has renewed its entire
machinery, steadily paid 20 per cent
dividends, and accumulated sur
plus of about $500, 900, all from its
own earnings! The production is
jeans, sheetings, drills and osna-
burgs.
Just across the river from Angus
ia the Graniteville Company has
$4,000 spindles, with looms to
match, and has paid from 10 to 20
per cent since starting. Near by
are the LangIy Mills, at Kalmia,
chiefly owned by w. c, Langly,
Esq, of New York, running 10000
spindIes Ito be increased to l5,000)
with looms to correspond This is a
very fine property and will receive
large development; it has but re-
Gently commenced running. The
here and at GraniteviIle
is similar to that Of the Augusta
mill.
Columbus, Ga, and vicinity, ow-
ing to its enormous water power, is
a fine manufacturing centre. The
Eagle Mills before the war were
highly successful, always paying
very large dividends. The proper
ty was burnt by the United States
army during the war, and has since
been rebuilt and the capacity in
creased. They now run about 20,-
900 spindles, with corresponding
looms, producin3 yarns, sheetings,
drills, osnaburgs, stripes and checks,
rope, sewing thread, cassimeres and
tweeds, and very beautiful cOtto"
similar to the French
The capital stock is $l,250,O00-
dividend the first year go per cent.
The Tallahassee Mill in Alabama,
near Columbus, is owned
largely in England, and runs 20,-
900 spindles. 1t is a new enter
prise. We are not acquainted with
the character of its goods. Above
Columbus are the Columbus factory
and the Cherokee factory, with
about 1000 spindles each, and new
mill is now starting at Columbus, by
Mr.. Clegg.
In Macon is steam mill of 5000
spindles, making yarns, sheetings
and osnaburgs. 1t is not favorably
situated for cheap fuel, but has stead
lily paid 10 per cent. In Roswell,
Ca, are two mills, one of 1900
spindles, production unknown.-
Many new enterprises are projected
One in Macon, to use steam one
on the Chattahoochee, above Allan
ia; one near Covington; several in
and near Augusta, &c, &c. The
now is, very properly, to
build large mills. Georgia, and, in
deed the whole South, has remarka-
bly, fine water power, enough to run
all the spindles in the world. The
power on Yellow river, near Cow
ington, Ga, is one of the very best
within our knowledge /; about 5000
spindles are now running there, and
there are facilities for almost un-
limited development,
Owing to warm climate, so ia
vorahla for sninniuo chean labor