Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1899-06-27

four years double the capacity OF the
mill, aud build mill 40. ., and in two to
four years again build mill No. 3, and
then Ia the same length Of time build
No. I, and thus. starting on 100000
capital, tits usual TO build up si00,.
900 to {6O0,OOO plant In eight TO twelve
years.
Here is letter 10 Mr.. Hargrove
from a mill superintendent Of ex.
perience, telling something Of how
TO start a mill.
Newberrr. :. c., Dec. 2S, 1895. III. II.
Hargrove, Esq, Shreveport La. Dear
sir--ln reply 10 yours OF the sth, would
say my reply must be taken as repre-
senting only Approximate estimates;
they will, however, be near enough for
forming an opinion One hundred
thousand dollars will erect a mill Of
5000 spindles and 275.loom capacity.
This 10 at the rate Of $3.50 per spindle,
and also represents III. building and
| equipments only, the expense Of land
being another item, and for buildings
would require a. least ~, 900 square feet
II would give employment 10 200
hands, pay out IN wages per year f3j,
OOO, consume $500 10 1900 bales Of cot.
ton, n the product was standard 80 inch,
23b yard goods.
The fuel and tax chArges, while e..
sential. are minor expenses and cut but
a little figure in deciding upon a mill
site. The chief q uesiion being as TO the
ease with which coal can be secured,
and a. 10 how reliable the railroad SER
vice may be considered. together with
the probabilities OF other and compet-
ing railroad connections becoming avail.
able later on. have entire confidence
IN the competence Of sodthern hands
In cotton mil work, up 10 certain
fneness OF yarns; above that they need
a number OF years experience. For in
stance, the yarns IN standard osna-
buTgs, Is such that IL takes but short
time TO train the greenest help into fair
operators.
My advice 10 all cotton factory pro.
moiefs is this. Build something for
which there Is something Of local de-
mAnd. This one item often is the one
point which means success OF otherwise
az the beginning Of operations. A mill
here in any part Of the south. fitted ~
; for producing coarse shirtings. sheet.
ings, drills, bags, osnaburgs, cone yarn
for hosiery and knitting mills, bats and
, ropes for domestic use, mill such AZ
have above described, would probably
require loan capital Of $4,000 TO $40,
900, should pay per cent TO per cen
and earn 20 per cent per year. From
time 10 time additions should be made
until the plant had from 1900 b 30,0Ol
rpindles capacity. A plant Of 10000 OF
more spindles costs 10 run much lesi
= per pound than one half that sire. Thi
II on account of certain changes beinl
about the same in both sizes Of plants
We use for cotl Tennessee, run Of th'
mine. at 1925 per ton.
zone point | desire 20 caution vol
, upon. Don't let any one sell you ol,
machinery, II you do, the mill il dea,
~ far a. being a financial success. Tit
best and most up 30 date machinery Il
that which assures dividends nowadays
Get some one Who would put into the
venture little money the amount no
being the main object who knows how
10 run the mill from SOP 10 bottom give
the financial end % someone else; the
responsibility being entirely separate il
both. Then push the venture for al
IL will possibly render, and In all direc
tions; be satisfied with reasonable divi
dends, using the surplus in additions
L. b. WILBUR"