Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1899-06-29

A Healthy Industry.

The Manufacturers Record, in it's is-
sue OF Juno 10, notes several important
now enterprises, which 60 to prove tho
healthy and growing condition Of tho
cotton manufacturing industry in South
Carolina.
Mr.. Lewis w. Parker, President and
Treasurer of tho Victor Manufacturing
Company, of Greer's, announces in lot
ter to the Record, exclusive improve
monts for his plant. 1t is intended to
add $4,000 spindles to tho present equip
ment Of $4,000, together with tho necos-
sary machinery and $50 looms. Tho
present building will DO enlarged to
mako room for tho now machinery, and
tho additional buildings are expected to
be completed by October /. And it is
not matter of "intention" and "expec.
tation" only. The compnny's capital is
being increased from $1S0,OO0 to $780,.
600 to provide tho funds for the enlarge
mont, and tho new machinery has al
ready boon bought.
Mr.. d. A. p. Jordan, tho President of
tho Grendel Mills, of Greenwood, who
has just returned from "business''
trip to New York, and other Eastern
points, announces that the capital stock
Of his company will be increased from
100000 to $3.50. 900, and that the sum so
obtained will be used in greatly onlarg-
ing its mill. 1t is proposed to "doublo
tho cquipmont," which is now 10000
spindles and 33G looms, and 35 cottages
will be erected for the additional num-
Der of operatives that will be needed.
The stockholders of tho Warren Manu-
featuring Company, of Warrenville, hold
a meeting last week, at which it was de-
cidcd to add certain improvements to the
plant. Tho capital stock will be increas-
cd from 100000 to S300,OO0, and tho
equipment of spindlcs will bo increased
from 10000 to $4,000 Tho stock will
comprise $4,000 of common and $780,
600 preferred, making the common and
preferred stock equal amounts in the
now capitalization of $500,O0O. Con-
tracts for tho erection of fifty new cot
tages for operatives have been awarded.
The stockholders of tho Waihalla Cot
ton Mills held their annual r,eeting last
week, and decided to enlarge their plant.
An Issue of $50,000 Of preferred stock
will be made to buy now machinery and
retire debt on tho mill. 1t has now
5000 spindles and 200 looms. The COM
pany has decreased its debt materially
during tho year and spont $1,000 on
now machinery.
Tho Bolton Cotton hill Company has
awarded the contract for tho erection of
100 cottages for its employees.
The Palmetto Cotton Mill, of Column
bia, was completed last week and is
ready for work, or at work. 1t has 5000
spindlos and 2G0 looms.
1t is good record for ono week, and
is tho best made in tho country, wo be-
lieve, for last week. Similar good re-
ports arc made, however, from North
Carolina and Georgia, and Alabama is
moving at rate that promises to put it
in tho same class with its thrco South
Atlantic ncighbors. Tho mill 1T Hunts
vile, now equipped with $4,000 spindles
and 750 looms, will double it's plant at a
cost of half n million dollars and will
add a "bleachcry" to it, and projected
now mills and improvements of old onos
are reported for Montovallo, Opelil1a,
Ozark and Tuscaloosa.-C Charleston News
and Courior.