The Orangeburg news. [volume] (Orangeburg, S.C.) 1867-1875, 1873-09-20
utS, Nc',
JOHN j. GRESHA NJ
PENDLEroN Factory, S. c.,

1oul VIZ quiTleS ln relation 10 manulactur-
ing ,cftton iu South Carolina, aAd par
ticulAEly IN Anderson County. l un-
deritahd you as wishing to ascertain the
amount Of capital required to put in
operation sufficient machinery to weave
daily some 1000 to 5000 yards Of I
shirtings, si,uilar, in kind and quality,
to Granitcvillo aud Augusta shirtings.
To erect fire proof buildings Of brick,
to purchase and place in operation ma
chinery enough to manufacture 5000
yards of shirtings daily, will cost in
round numbers 800 600. With new con
Germ are always connected some expenses
Gas purchase Of iland and the like which
cannot be exactly estimated. Besides,
1t costs less to improve some locations
than others. SO it will be ,xio to say
$lf0,000, which will more than
cover all the costs, and leave some cash
capitar, en- which to commence bust
ness. -
Now, estimate the profit on the in.
vestment to be 224 per cent, You say
this is large dividend; this is true, yet
it is not up to the earnings of the Pen
{dleton Factory for the past five years,
(which have been fully 26l per cont. ou
the capisal invested While sayins this
much, am speaking from an experience
of over thirty eight years as operator,
manager and owner Of factories: and |
am fully capable Of correctly estimating
the proftablcuess of cotton manuiActur-
ing, and especially Of manufacturing in
South Caroliua, having been connected
with the business in this Stte for son.
twenty-five years past.
With the estimate OF buildings anil
machinery, j will furnish you with the
cost ofa steam cngiue to drive the facto-
ry; and also the daily cost of fuel, COM
pared wish the cost OF water power
&c.
There is no d,ubt, generally speaking,
that steam is moro expensive than water
to drive Yet, there are advantages
arising from using steam as the motive
power, which will, in some cises, more
than counterbalance tho increased cost.
When steam is used the location is at
your option, which is not the case when
water is used, because you must locate
the factory to suit the power. With
steam, you locate the power to suit the
factory.
In order to give you clear under
standing of the difference j the relative
advantages OF water power and steam
power, We will say that you wish to 10.
cate your factory ut Anderson G. H., or
SIS near that place as possible. In the
first place; as water power iS the cheap
est when it can be obtained, (alvanta-
ses of location being equal,) We will
ascertain the nearest pSint where water
with the proper fall can be obtained in
sufficient quantity to give you the power
necessary to drive your factory. lyon
inquiry, We find that there is location
suitable for our purpose; just six miles
from the depot in Anderson. Now, We
will assume that the cost of land and
miIsite, with mill,dam and race way,
and the water wheel ready for operation
will be the same as it will cost for land
and the steam engine placed in position.
(Ihc actual cost VIII be about the same.)
With your Factory six miles from town,
you will have to use wagon transporta-
ton, which, from from ils amount, will
require one four mule team, and one
two mule team. With two drivers, the
daily expenses, with wear and tear, may
be safely put at eight dollars per day.
You will bear in mind that these teams
must haul daily, aud their loading
must be kept dry.
New, locate your. Factory directly on
the Railroad, near the depot, where you
can have q side.track branching into
the yard near your engine, so as to de-
liver wood, and deliver and receive
freight on the spot. Do you not suppose
that you could save six dollars per day,
over and above the cost for wagon
transportation, with your Factory loca-
ted six miles from the Railroad 7 |
certainly do. The six dollars thus say
cd you can apply to the purchase of Gacl
for your steam engine. My estimate is
that ii will require three cords of pine
wood daily to give the necessary power
to run the Factory twelve hours. per
day,