New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-05-29
PLAID MILLS COMBINING.
QUALITY OF THE GOODS TO BE IMPROVED.
EXPECTING TO DO BIG EXPORT TRADE UNDER
THE BRAZILIAN TREATY.

THE BRAZILIAN TREATY.
An interesting trade organization has been effected
In the last two weeks among the Southern plaid mills
for the ostensble object obtaining uniform standard
Of production and better representation OF the South
ern paids In the markets Of the world ThrtynVe Oh
the ortyfour Southern plaid mills have formed STOCK
company with a capital OF 81 10000 and power 10
increase. OF this. $4,000 has been paid In ana
e360,Oo0 subscribed. Three more mills are under
promise TO enter the company, and are expected 10
give their cooperation at early date meetings. Oh
the representatives of the Southern companies were
held In this city, with the final result that inc Zone
Export and Commission Company was ORGANIZED WIN
a commission house opened at No. SO Leonard-st Inc
company is said to represent an aggregate caPai VI
from "a, 100000 TO $15000,00O.
Negotiations TO form this company were pending ior
about eight months before 1t was established Ihey
were conducted by Moses H. Cone who originated the
plan and who is president OF the company ana IN
charge Of the commission house here In explainlhe
the objects OF the company Mr. Cone said yesterday al
the outset that the Cone Commission Company was
neither combination trust In the usual sense OF
the words but Joint selling agency. He said that
he had seen long ago that there were great possibilities
In the manufacture of southern plaids, for southern
mills were cutting another's Threats, WIN the
result that the Southern paids had sadly deterorated
In quality The mills were pushing into the markets
goods that had less cotton in them than was repre-
sented In their efforts to beat each other 1t became
necessary therefore, TO eradicate this evil In order 10
increase consumption and to do this the company had
been formed for the purpose OF securing UNIFORM
class Of production. The company would pay more
attention TO this than to efforts to raise prices 1he
mills in the agreement would sell their paids only
through the commission house, which would thus have
the handling of as per cent of the Southern plaid
production.
Mr. Cone continued ave feel. with the natural
advantages cotton manufacturing that the South has,
hooxy fIat
we should be able TO do export trade bearing some
proportion TO our other trade. With an advantage
such as we have urder the reciprocity treaty with
Brazil of o5 per cent in duties we ought to be able 10
export large quantities of goods to that country
understand that many Of the goods winch are shipped
from England Of very inferior character IN many
respects foreign substances being used In many OF
them so as to give them weight. ehope, by thor-
ough investigation Of the maec to find out as to the
goods now used and believe II we are as capaDle
as the Englishmen ought TO be able to secure
large share OF the trade from the South American cou
tries. We have actual contracts with mills represent
ing 1894 looms definite promises from mills repre-
senting 43I looms which gives us total representa-
ton of SIPS looms ont of possible 1913 looms at
present running on plaids.'
The following is the full list of mills. which VIII be
represented by this company
Observation-Disclosures Manufacturing Company.
Observation-Disclosures Mil.
Columbus-Swift Manufacturing Company.
Columbus-Eagle e. Phenix Manufacturing Company.
Columbus-Museogee Manufacturing Company
n C-Asheyills--C. E. Graham Manufacturing Company
Ktmeyille-Mount Pleasant Manufacturing Company
Burlin gton-J. il. w. E. Holt'
Burlln gton-Lawrence S. Holt
Burlington-w. f. g. J. II. Holt
eBurlington-w. J.. E. G. Holt.
Burlington-E NJ. Holt's Sons.
Burlington-The E. NJ. Holt Plaid Mis-
Concord-Odell Manufacturing Company.
Cumberland-CumberlandM Mills.
Flon College-James N. Williamson Son.
Grahau-L. b. e. L. s. Holt.
Graham-L. Banks Holt.
Grahan-Sldney Cotton Mills.
Haw River-ThOmas NJ. Holt
McAdensvie-MeAden Mills
High Point-Empire Plaid Mills.
I.exington-W. +. Holt.
Monbo-MonbO Manufacturing Company.
Mountain Island-Mountain Island Mfg Company.
Patterson-Gwyn Harper Manufacturing Company
Randleman-Na omi Falls Manufacturing Company.
Randeman- Plaidville Manufacturing Company.
Rockingham-Pee Dee Manufacturing Company.
Rockngham-Roberdell Manufacturing Company.
Worthvne-worth Manufacturing Company
NH Point-HOlt Cant Holt.
s. C--Greenvlle-Hugueno Mills.
misunderstanding Cotton NILS.