The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-30
COTTON MILLS IN THE SOUTH.
IiiE INVESTMENT IN THEN
DOUBLED SINCE 1890.

The Capital Invested in 1880 sIO=.-
oOO0OO-AaOther s12.OOO,OOO to Re
Brought south by the Mills Now
nuiIding or Projected-Leading
New England Experts Give Their
views on the Advantages of Cotton
Manufacturing in the south.
Baltimore. Nd. May 29.-The special cot
ION mills edition of the Manufacturers
Record Of this week shows that the amount
Of capital invested in southern cotton mills
increased from s2l.sOo.OOO IN fssO. and SOL
10000 in 1880. TO $107O0O.OOO at present.
while about 100000 additional VIII be
spent in the construction of the mills now
building and projected.
In 1850 the south had 6S7. 900 spindles. and
IN 1891. 10000 spindles. and at the present
time 3.oO06oO spindies. while the mills un-
der construction will add 10000 spindles
more. or total of 100000 spindles; thus
DOUBLING the entire cotton mill business
Of the south since 1880.
4 number Of leading New England cot
perts give their views upon the cotton
manufacturing advantages of the south
ern states. d. NJ. Thompson, president of
the Corliss Engine Company of Provi-
dence, and for twelve years manager Of
the largest mill corporation in New Eng
land, running over 10000 splndles, says of
the sOuths cotton mill facilities:
Years ago after a careful considera-
ton ! became fully convinced that the
south possessed superior advantages for
the manufacture of cotton yarns and
sion TO change the opinion then formed
! have great faith in the possibilities Of
1he south. / believe 1t is and will long
continue a profitable field for investment
in the manufacture OF cotton l believe
there is an almost illimitable field for the
extension Of our cotton manufacturing in
this country, and that with the extern
sion into finer numbers of
yarn and higher grade Of
numbers Of yarn and higher grade of
ia hrics in the north, and with the open
ing Of new markets through the agency
Of the south's superior advantages, a
vastly larger product of coarse goods can
be made believe that the extension of
manufactures in the south should be
encouraged by all the people, 1t will es-
tablish bond of interest between New
England. the middle states and the
south. which will be OF great good to the
interests of the nation, and in the near fu.
lure VIII De recognized in the Industrial
and political arena of our country as a
factor Of national importance"
{. K. Makepeace, a leading New Eng
land cotton mill, engineer, says: THE
next ten years will show a great increase
in the number of spindles in this coun-
try ! think larger percentage of It.
including the finer numbers, Will be in
the southern states, and IL is an indis-
putable fact that the average number of
yarns spun in the south has been raised
from coarser to finer counts more rap
idly than has been the tendency in this
direction in New England. The phenome-
nal success of some mills erected in the
south during the last four years, which
are making a finer grade of goods than
has been the custom in that section, will
cause others to change to finer goods. 1t
Is nothing more than natural that the
large percentage of the increase in spin
dies in this country during the year 70
come should be at advantageous points
for manufacturing. situated near the
point where the cotton is grown and
then the iron industry of this country
should center somewhere near where all
the raw materials for the making of iron
are found