The daily state chronicle. [volume] (Raleigh, N.C.) 188?-1891, 1890-03-20
NOTES OF TRAEFI..


TdNtfin@ wan.
The towns along the line u tile Cape
Fear q Yadkin Valley Railroad show
perhaps greater prosperity for their ages
than those on any other road il the state.
The merchants along the line of the
Cape Fear x Iadkin Valley Railroad are
talking up the grand excursion TO vii
mingtOn next month. The citizens of
this city by the sea viii be amply repaid
for their outlay, judging from the interest
taken in it,
Mr.. Frank Fries, of salem, \ C.,
contemplates erecting a large cotton
factory at Madison, n. c., this being
the present terminus of the Madison
branch of the Cape Fear i Yadkn
Valley Railroad
The Cape Fear \ ladkin Ns;..y R4.I
read bridge over the Cape Fear river
at Fayetteville IS in many respects the
finest and most substantial structure of
its kind in the South
The people Of Fayetteville were very
much worked up over the false alarm
published in the Greensboro Patriot
about moving the G. f. x y Y. shops
TO that point. This can never be done
as the company's outlay ana prepara-
tiOns for the future are too great, be-
sides other considerations
1t is rumored that "a large deposit of
phosphate rock has been discovered in
Cumberland county near Fayetteville.
Specimens of the Find" have been sent
to the State Geological Department for
1 examination.
Moore county is better oiI financially
than she has been any year since the
war. This is due 10 Democratic rule.
The county now enjoys CONF etc Demo
cratic control and under this manage
ment hopes soon TO be free from debt
J. H. u r. L. Holt. managers of
Glencoe and Carolina Cotton Mills, of
Alamance county have purchased site
for a one hundred thousand dollar fac
tory and will erect the same at once at
Burlington, n. C.
: y report is in circulation that an Eng
, lish syndicate has an agent travelling
through this State making arGaugg nants
to buy up all the cotton factories, but
; Judging from careful inquiries the
5 agent is travelling to produce a sensa
! ton merely.
a The new ten thousand dollar cour
\ house 1T Carthage, 10 reriace the on
d burned down last Septenb !. Is neariu
q completion. The August term of con-
e will be held in the Lew building. I'll
! arrangement OF the building, ior comic!
: and convenience, is one .. tie best
the State.
A sad accident occurred near Carthaa
:, few days ago. The ten year Old daugl
i ter Of the late Rev Martin McQuce
it was burned, probably fatally. She W;
e standing near the fire place when h.
,e clothing became ignlted.
Among the principal Industries
is North Carolina, is the Tyson ,& Jon,
II Buggy Company, located II Carthag
r The company paid dividend last yef
n of fifteen per cent, and have more o
IN ders ahead than they can possibly fl
r. They ship goods to al! he Southern an
TO most Of the Western States. Tie bus
ness has been established for 0vertGent
& five years, and is as well known as an
II manufacturing institution of its kind
the country. The companies businc
is greatly retarded for want Of more ca
ital. They can nse one hundred tho
sand dollars and employ three hundr,
J. additional hands now if the money c;
be raised. With all the capital in Anne
lea seeking investment, even at mu,
lower rate OF interest than lif.ren L