Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1895-06-27
Industrial CONDITIONS in the South.

Industrial Conditions in the South
The Tradesman, Chattanooga,
Tenn. has received reports of in
dustrial conditions in all parts Of
the South for the week ending
June II, which are to the effect
that the favorable conditions Of
manufacturing and mercantile
business have been increased by
the advance in the price of iron
and tie firmness in quotations
for all staple products. The large
manufacturing concerns through
out the South Will advance wages
shortly, and some of them have
already done so. Iron products
of all kinds are advancing IN sym
pathy with pig iron, the bar iron
quotation having been advanced
81. 90 during the week. The tex
tile mills continue to be reported
in large numbers, Representing 6
investments, of local capital. The
Tradesman's list Of new cotton
mills for the week includes a mill
at Rock Hill. S. c., to cost 5000,
600; one at Goldsboro, n. c. capi
talized at $10C, 900, one costing
S75, 900 at Wagner, S. c., and
others at New Decatur, Ala,
and Pulaski, Tenn A $40, 1000
knitting mill is repoted atAthens
Ga, and one at Durham, n. c..
A large cotton mill is to be es-
tablished a Birmingham, Ala.
by removal from a Northern
point.
Among the important new in
dustries established or incor-
porated in the Southern States
during the week. the Trades
man reports; The kanawha
Valley Coal Company. of Char
lesion, w. Va. capital $1,000, :
900; the Empire Coal Mining
Company, of ASHORE, N. c.,
with 5000, 600 capital, and the
Cotton Seed Delinting and Oil
Company, of New Orleans, La,
with S4OO, 900 capital. A sugar
mill to cost $3.50, 900 is 10 be es-
tablished at Henrietta, Texas,
and a manufacturing company
with the same capital at Savan-
nah, Ga. The American Delin-
ter Company, capital $500, 600,
has been chartered at Little
Rock, Ark; the Linton Coated
Paper Company, with the same
capital, at Richmond, Va; the
Machine and Ship Building Com
pany, capital $15O,O0O, al New
Orleans, La; and the R. M. Nc
Coy Lumber Company, capital
1926, 900, at Helena, Ark. The
Grown Hill Colliery Company
has been chartered at Grown
Hill, W. Va, with 100000 capi-
tai; the Economy ElectrioCo., cap: +:
tai $50, 200, at Parkersvllle, w.
Va. ;the Kenton Paper Company,
with the same capital, at Louis
vile, KY, and the McGregor
Cotton Oil Company. capital $50.
900, at McGregor, Tex.
The Tradesman also reports
the organization at Big Sandy,
Texas, of the Big Sandy Lumber
Company, with $1,000 capital; of
| the Arcadia Lumber Company,
capital $3.50, 900, at Monroe, La. :,
andof the planning mills with $40,
600 capital at Galveston, Texss.
| A SO, 600 oil mill is to be built at
Cullmon, Ala, and implement
works with some capital have
beed organized at Chattanooga,
Tenn. Cotton compresses are
to be built at Arcadia and Baton
Ronge, La, and Chattanooga,
Tenn; electric lighting plants at
| MadisonXille, KY, and Bristol.
| Tenn; Touring mills at Fort
Smith, Ark, Charlotte, N. c.,
Deep Valley and Marion, Va,
j and Franklin. w. Va, and foun-
dries and machine shops al
Crowley. La, and Athens, Tenn.
An oil mill is to be built at La.
donia, Texas, and wood working
plants at Riverside, Ala, Fort
1 Smith and Helena, Ark, Athens,
j Ga. Dunn. Goldsboro and Thorn.
asville, N. c., Monroe, La. Err.
win, Tenn, and North River,