The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-21
COTTON MILLS in THE SOUTH.
Number Of New SpndIes Not Quite Equals Junes
Announcements OF July Means Investment OF ST. 5OOO

entv AVE by two hundred feet. two stories
high. in which they intend to install SOU
snjndIes and 800 looms, the production Ia
hn both yarn and cloth; from 200 to 400
hands will be employed. Contract for the
machinery equipment has been placed with
the North Carolina representative OF lead
ing New England machine shops. George
A. Gray, OF Gastonia, ~ o., VIII engineer
The plans and install the machinery und
at the mill ready to operate, when 1t Will
be turned over to the company. Inc in-
yestment will be about $3.50 ooy'
4 water power at Emporla, Va, VIII be
developed principally for textile manu-
featuring purposes. This project has been
IN allowance for some months and partlcu-
lars of 1t have just been made public. Tne
pramoters are Messrs. w Samuel Good
wyn, of Emporia n. H. Massey, OF Dan
vile. Va; w. f. Deal, of Emporia, ana
II. Schwartz Of Emporla. They have ap-
nlied for charter as the Meherrin Power
company. the capital stock being placed
at $4,000, and authorized to Sloo'ooo'
About $500 horse power is easily aVali-
able and plans for utilizing 1t in the cot
ton and woollen factories to be built are
now being laid.
Articles of incorporation of the Avon
Cotton Mills. of Mayodan, N. O., have
MS $3.50. 900. and the incorporators being
Messrs. F. H. Fries, of Winston-Salem, n.
C.; B. ~ Duke. of Durham, n. G.; X j.
Reynolds, of winston Salem, N. O., anu
w c. Rufhn, of Mayodan. These parties
are also the directors for the first year,
and they have chosen Mr.. Fries president
Mr.. Duke. vice president, and Mr.. Ruffin,
secretary treasurer. They are now en-
gagged in maturing their plans for con-
tracing for buildings and machinery. Just
what complement this mill is to have has
not been made public yet, but it Is natur-
ally inferred that the investment Will be
about the amount of the stock
The annual meeting of the stockholders
of the Dixie Cotton Mills, of Lagrange,
Ga, was held last month. The manage
ment presented the years report, which
was received with most satisfactory conf
ment by these interested. IT was deter
mined to issue a consolidated first mort
gage to secure s250000 of 30year per
cent bonds. This money is to be used in
taking up the company's present z per
cent bonds and eXpending 100000 on new
machinery This new machinery is al
ready partly in place, half of it in fact,
and the ether $4,000 worth will be in
stalled this year as it arrives from the
shops where 1t is being built.
HC Injecting VI lnt q
of the Monroe Cotton Mills, of Monroe,
Ga, was held during July. The report OF
the management shows the years business
to have been a most satisfactory one, as
is we'll indicated in the fact that a semi
annual dividend Of 5 per cent was de-
clared. The president was authorized 10
issue $4,000 worth of additional stock to
buy new machinery. The mill has decided
to add $50 looms to It's present 800, making
800 in all; other improvements have not
yet been announced.
New York parties have organized the
Virginia Textile company at Lynch
burg, Va, to establish an underwear mill.
They have obtained charter of incorporu-
tion and let contract for erection of 80
by 200 foot building, so by 1875 foot an
mex. two stories high, costing about
$4,000. The machinery will be Installed
as soon as these structures are ready for
1t.
The Trenton Cotton Mill company of
Gastonia, n. c., will increase their in
vestment by about $65, 900 Some months
ago this company decided to build No.
, mill, but only last month We're the par
ticulars decided upon. The new mill will
be about duplicate of the present 1900
spndles) mill. Mr.. George A. Gray of
Gastonia viii engineer the plans of this
mill TO its completion ready for operat-
ing. Three thousand spindles for pro-
ducng single and two-ply yarns will be
the equipment.
The stockholders of the Chewalla Cot
ton mills of Eufaula, Ala, held a special
meeting on July II to consider taking
steps TO double their plant 1t was de-
cided that the bonded Indebtedness be
Increased by the sum of $50, 1000 to allow
the contemplated enlargements. The COM
pany's present equipment is $500 spndles
and eightyfour looms.
The mill company formed some weeks
ago at Sanford, n. C., during the month
filed articles of incorporation as the San
ford cotton mills, the capital stock be-
ing placed at 100000, with privilege of in
crease TO 100000. Mr. w. II. Watkins of
hamseur, n. g., was selected president
OF me COMPANY, and announces that
H. 900 spindle equipment is to be put in.
Messrs. H. p. Metze, p NJ. Lorick, ].
$. Wessinger, NJ. B. WiIIlaams and j. II.
Frick OF Chaplin. S. c., have determined
to build a cotton factory. Application
mas been made for charter under the title
OF the Chaplin Manufacturing company
the capital stock being $50, 600
Messrs. William E. Holt of Davidson
county n. G.. Banks Holt, James N.
', l,ilanson. Lawrence S. Holt Edwin G.
HOLT James II. Holt and Robert L. Holt
Of Alliance county, n. G., have incore
porated the Carolina mills of Haw River.
n. o., with capital stock placed at $780,
700. The specific purpose of this companv
Is not yet known. The Hollis mentioned
are OF family that controls many mills
throughout the South, and this new in
corporation may mean new factory
members OF the Holt family also incor-
porated last month the Alamance cotton
hliis OF Alamance county, n. C., the
capital stock of this incorporation being
stated as $4,000. The incorporators were
dessrs William Z. Holt of Davidson
county, L. Banks Holt, James N. Will
Iamson, Lawrence S. Holt. f. C. Holt.
lanes II. Holt, Robert L. Holt, all Of
llamance county, and Walter l.. Holt of
cumberland county.
The Excelsior Manufacturing companv
u Cuero, Texas, will increase its capitaI
ROCK from 100000 to 500, 900. and expend
ne $4,000 so acquired in doubling its
'iant. This mill was closed nearly three
ears, but for what reason does not an
ear. IT now has in place 1900 splndles
M forty three looms. Mr.. G. l.. Stadtler.
resident. and Z. Mugge, Jr., secretary
Messrs. Il, w. Lane, f. Y. Denmark
I. y. Lane and Mr.. B. Frank Strickland
I Valdosta, Ga, have organized a mill
ompany and applied for charter under
ne name of the Strickland cotton mills
ne capital stock being $3.50, 600. Contracts
M be awarded next week for the erec-
ion OF buildings; when they are completed
0 600 spindles will be placed In them.
Messrs. James n. Williamson & Sons
wners OF the Ossipee Cotton mills. III
lion College. O. will oraa+i,, -