Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1882-01-19
CHE Murkrille Guqnirer.
YORKVILLEs S. c.:
THURSDAY MORNING, JAN. 19, 1882.
MANUFACTURING NOTES.

Work on the erection of the building for the
Charleston cotton mill may be considered as
over half finished, the most difficult and tedi-
Gus portion having been completed. The walls
are now built up to the second story, and 1t
is thought the building will have the roof ON
it by the 1st Of October next, and by the time
the crop of 1882 reaches the market, the ma
chinery will be in operation.
1t is in contemplation to organize joint
stock company of half million dollars capi-
tai to commence manufacturing cotton in the
buildings lately used for the cotton exposition
in Atlanta. 1t is claimed by those proposing
to invest in this enterprise that steam, where
coal can be had for three dollars per ton, IS
cheaper than water power.
The cotton mills in Mississippi have proved
b)nanzas for the owners. The one at Wesson
pays 26 per cent. dividends, and the stock IS
worth over 300. Those at Enterprise and
Natchez are said to pay as well. The cotton
factories of Georgia and Alabama are i'm
mensely profitable, and the stock in them, as
almost universal rule, is away above par
This is not unnatural, either-where the cot
ton is produced is the proper place to manu-
facture it. Enough cotton is made near Car
rollton to supply the Stansbury mills, and
sales for the manufactured fabrics can be
made without going out of the State.
4 cotton mill with capital stock of 500,
0)O is spoken of at Fort Mill, in this county.
The Rock Hill Herald says 'the matter is re-
ceiving the serious attention of men, who if
they put their shoulders to the wheel, have
the money and vim to bringthe enterprise into
existence"
We learn that it is contemplated to build
another mill at Rock Hill, adjoining the pres
ent one, OF to enlarge the mill to double its
present capacity, and for this purpose large
part of the stock has been subscribed by north
ern capitalists.
The steam mill at High Point, N. c., has
been in successful operation since its compile
tion nearly two years ago. tits confined to the
manufacture of warps, employing 1852 spin
dies which are run night and day, stopping only
from II o'clock Saturday night until II O'Clock
the next night. The production is 10000
pounds per week. The proprietors are now
preparing to build additional room for 124
looms, which have already been ordered, and
when put in operation the productions Of the
mill will be plaids, checks and ginghams. The
superintendent of the machinery of this mill
is Mr.. Joseph Campbell, a very intelligent
Pennsylvania, who has been South about
three months. He expresses great surprise at
the true condition of things in the South as
compared with representations and the general
impression at the North. He predicts for the
South bright and prosperous future, and
says immigration of skilled and agricultural
labor will steadily flow to this section, as false
opinions at the North are corrected by those
who come out and by actual residence are ena-
bled to judge for themselves and give correct
reports to their friends.
The Langley Cotton Mills at Augusta, Ga,
have declared dividend of 12t per cent. for
the six months ending December 81, 1881.
The factory made SS7, ,000in the year on cap
ital stock of S400, 900, and it's dividend for the
first six months of the year was S per cent.
A company of Northerners, headed by Mr..
Inman, of New York, with $500, 900 capital,
are to build another cotton mill in Augusta,
Ga. There will be but one Augusta stock
holder.
The Trion cotton mill at Rome, Ga, has
been paying for several years per cent. semi
annually. There is no stock on the market,
but its actual value is over 5000 per share of
S10O. The factory under it's new organization
is only six years old.