Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-05-25
Mr., ]. M. Haney, the Cotton Mil Man, in
the City and Interviewed on the
Subject Of Cotton Mills.
Favorable Facts and Figures as Furnished
by Him,Yesterday The Question
Virtually
Settled in SO Far as Oar City is Concerned
Only a Few More Dollars
to be Raised.

the action Of that people, TO whom he
made propositions before his previous
visit to our city. He came In answer
to a telegram from the citizens COM
mittee, that was appointed nc then
meeting on Friday night, and will re-
MAN over to-day and confer with the
said committee.
A reporter found Mr.. Haney Mt his
hotel, and in answer to the question,
said hewould be glad TO give any In.
formation In his power concerning tho
| proposed establishment of cotton mills
IN our city. The following converse.
| ton then ensued:
Reporter. "What object had you In
view IN looking up a new location for
the establishment of your mills2n
Mr. III. Where my mill now IN the
taxes are very heavy, and amount 20
the freights are 81 80 per cwt.
to California which IL my principal
market, while from this place l can
get rate of ninety cents per hundred
weight thereby enabling me to save
about III go per hundred weight In
freight alone, besides the extra time
consumed in the transportation OF
goodsn
q. at Isl said that the machinery YOU
propose TO bring here Is flrst.clasp, as
good as new and worth 500, 900; is that
correct2n
A. YES, this IL In the main correct.
The machinery IN worth 800, 600 any
where, though not costing me
quite that much. paid
| Sl07, 600 for the mill complete,
and the buildings and ground cost
about $2S 600, thus leaving the net cost
OF machinery about SS4 900. This ma
chinery has not been in use over
eighteen months, and IL much better
than new machinery for having been
used that length OF time. Every piece
of this machinery Ia OF the latest and
most approved pattern, ana was made
by the Lowell Machine shops, Lowell,
Mass, Whiting Machine shops,
Whiting, Mass, while the twisters
were made by Geo. Draper Il Son,
Bopedale, Mass
q. What will be the capacity OF these
here?p
A. 1--WE will turn out $500 pounds of
made up goods per day.
| q. Upon what terms or conditions
do you propose TO locate in our-clty ?n
A. when In your city few days
ago looked around very carefully and
after satisfying myself that this
was good location for such
an enterprise / said to the gentlemen
with whom ] talked that / intended
locating in one Of three points, viz:
this city, Waco or Corslcana; that IT
this city would furnish building
and site which ! estimated would cost
about $4,000, | would locate the mill
here, or II the citizens prefer, and
would raise $40 600; we would organ
ne stock company, they taking
that amount OF stock, and
that five appraisers decided upon
two appointed by me, they TO appoint
two and these four TO choose the
fifth.n)
q How is this money TO be paid
In, and by what plans Is the building
10 be erected ?p
A. ~ will furnish the plans and
specifications and the money will be
| payable, say 20 per cent. down, upon
the signing of the contract and filing
OF my bond, and balance In INSTALL
mentg as the work progresses,
- per cent, however, 10 be held from
builder TO secure the completion OF the
work according 10 the plans and speci-
| ficationsu
q Then understand that you will
enter into bond with the committee
for the faithful performance Of your
| part of the contract?"
A. yes sir; that WAS my propo.
sitlon.n
@. "Do you know oi.sny other manu-.
featuring enterprises that are looking
this way for investment and that
might possibly be influenced by your
movements ?n
A. "Well, know Of some that are
talking Of investing in this section,
and Others still that are actually In the
field now looking up location; one
w. Q corporation representing capital
on t3O. 600, that Will establish an ex-
tensive cracker factory with
capacity OF forty barrels per day MS
soon az u suitable location Is decided
| upon. This firm have already three
drummers In Texas and their object In
coming 10 this state IL 10 be nearer
their customers. And there Ia q large
machine works OF Cincinnati, Ohio,
that VIII locate in some part of Texas,
j am In communication with these
and other firms that might be infiu-
enced By my action In this matter.n
q "What number OF men would
your mill employ and what the prob
able average Of your weekly pay rate?p
A. 1--WE will employ about 1eO men
and the pay role will be about $3.50 per
week.
q. Can you give any statistics Of
the milling Industry OF the Sonth2p
a. mo, j cannot. All / know n
that this industry IN of quite recent
date In the South; that within the
three years just past there have been
about eighty new mills started In the
state Of North Carolina alone, and
that there are about one hundred and
ten mills Ia Georgia, Ave OF which are
very large ones, and most OF these
have been put In opeoEtion since '70.u