Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1880-04-15

Grady, Hamilton and Perry. This co,
partncrship wus dissolved, aud tho mill fell
into the hands Of MIR. Perry who organized
the Pendletor Manufacturing Company, and
operated the mill under that uamc. The
company was unsuccessful and failed. The
bondholders bought it 10 and ran it for
hlteen months, and thon it was sold to Col.
Sitton and MIR. Norris for S1O,35O. Tho
mill has been put in good repair by it's
present owners and the machinery has been
renewed with all the latest improvements.
Tho
CAPITAL INVESTED rs $4,000.
Tho capacity of the mill is 1000 spindes.
The consumption of raw cotton for the
month ending 24th January was 23,767
pounds. Tho production during the same
time was 22,ll3 pounds of bunch yarns
and chain warps from No. to No. IL.
The waste in the process of manufacture was
l,649 pounds, which is only SO per cent.
less wnstc than any other mill in tho
State shows. The cost of tho cotton for
the same mouth was 10 68 cents per pound
or total cost of S2,53S 81. The total
expenses for the month, including operatives
wages, salaries aud supplies, were $3.50 l8.
The yarn manufactured sold for from 20 to
233 cents per pound, or at an average Of 90
cents per pound. The gross receipts,
therefore, for the production during the
month were 1866 SO. Tho total cost of
manufacture was s2,760 40, and tho
NET PROFIT FOR TIE MONTH WAS
s2,00s 81.
This is magnificent showing, and if the
samc rate of profits continue throughout
the year tue capital will double itself. Of
course tho expenses of shipment, insurance,
drayage aud commissions must be deducted
from the profits as given above, but placing
those expenses at the very highest figures
they Will not amount to more than Is per
cent and on the other side there we're re-
ceipts from bagging anu ties and sweepipgs
and notes which would swell tho profits.
The mill is now engaged in working of
an order for lot of and 81 yarns, which
Will keep them working for six months.
Tho cards are lun from A. Nj. to II
o'clock midnight III order 10 keep the
sPindles supplied.
The factory employs GO operatives, three
iourths of whom are females.
SINNERS RECEIVE 40 CENTS PER DAY
and the highest price paid per day for apy
operative is Sl,75. These operatives ure
accommodated in IS tenement houses,
which ure owned by the company, and ure
furnished rent free. Two hundred persons
are dependent upon the factory for sup
port. The water fnrco employed is 63
horse power applied to two Lafell turbine
wheels.
The profits of the factory for tho last
year bus been invested in new machinery
aud improvements. and the property is now
valued at $4,000. The percentage of
profit for the year was over 70 per cent. on
tho capital invested.
AS to the prospect for the establishment
of manufactures in this State, Col Sitton,
with whom | conse,scd, stated that he had
been working his niIl since last April un-
der u contract. For the Is mouths pre-
Vious to that time it was petty hard to get
along Now they we're always behlndhand
in their work '"rhe demands for our
goods" said Col. Si,ton, lis unprecedented
and for the next i've wears, at least, there
is great deal Of money in the business.
The revival cf trade al over tho country
helps u.s.. and there is not u day do uut
J have to decline ORDERS"
ABOUT THE CLEMENT ATTACHMENT
Col. Sitton said: "I have never seen one of
the machines. have seen the yarn and
1t is good. have ruthing to say ugainst
the quality OF tho goods, but if any practi-.
| cal man VIII read tho statements mad by
| the agents OF the machine he will sec that
they arc not prepared accurately. For in
stance, they claim great saving from the
f".ct that tho planter need not bale his cot
| ton, while tho truth is that the planter
makes money on all tho bngging ond tics
he uses. He pays 81 25 for thom and gets
50 10 on every bale for the additional
weight. Anothes objection ! have to it is
that
AN TOLD THAT IT DOES NOT GIN CLEAN.
If this is 30 tho percentage of waste must
be very great. They cau't work their
waste over, like We can portion Of it, by
running it through the cards again. because
they can't get it to tho cards without run
ming is through the gin, aud it won't 90
through the gin without tho seed. In my
opinion tho only use it viii bo found profit
able to put i. to is to.work up the cotton
on small plantation. They say that
they consume 500 pounds of seed cotton
and turn out lG0 pounds of yarn per day.
There must be somo mistake here, because
tho very best gins do not turn out more
than lG6 pounds Of lius cotton to 500
pounds of seed cotton. This would leave
them only six pounds waste in manufactar-
ing 100 pounds of yarn. There arc many
other reasons why think the machines
will not do what is claimed for them"