The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-21
New York Journal of Commerce.


ton manufacturing Industry OF the South
Just ended, there was diminution of the
number OF new projects announced. Never
theless the record OF July shows re-
markable progress in this industry In
question. Several New England companies
are investigating in the South, and 1t is
confidently expected that very soon their
announcements will appear regarding some
decided Southern branch. The companies
referred to are among the most proml-
nent of New England manufacturers (see
their names below and doubtless their
plants Will be of a good size.
Marked feature of new mills in the
South to which attention should be di-
rected is the fact that so many of them
are to utilize water power in their opera
tion There was a time not so many
years ago either, when New England de-
cried the Southern water powers and
claimed they could not be developed, but
time has brought changes and seen the
frultion of many water power projects in
the cotton growing section.
OF the large plants that we're reported
In these columns during the year there
Is not one to this date that has for any
cause let It's announcement prove futile
They are all building their mills, and in
several cases. noted below, mills now
Duliding nave enlarged their original plans.
resume of the spindles and looms an
nounced during July shows that they ag
gregate lO9,b 800 and 12l4 respectively. At
conservative estimate this means the ad-
dition of s2,25O.0O0 to the capital invested
IN southern cotton manufacturing and so
rapidly increasing. The estimate is OF
course, tor complete plant; that is, build
pss and machinery ready for operation
And 1t may be said that almost all of the
machinery comes from the New England
machine shops, many of which are now
running overtime in order to supply the
orders that have come from the South
during the year.
The following items give some of the
most important details connected with the
July projects, and may be of interest not
only to the general reader for purposes of
information but also to manufacturers of
machinery:
The High Shoals Manufacturing COM
pany of High Shoals, n. c., has been fully
organized; it is known that the mill alone
VIII cost about 100000. The organizers
of this corporation have purchased land
and water rights at the High Shoals, To-
Gated near Lincolnton. n. c., and they es-
innate that 800 horse power can be read
lily obtained by development. Contracts
nave been awarded for the erection OF the
mil buildings to accommodate 1000
spindles and complement of looms, etc
But at the start 1t is the intention to in
stall only 5000 spindles and $50 looms. the
product to be plain goods. Mr.. d. A.
Tompkins of Charlotte ~ c.. is prest-
dent of this enterprise.
All arrangements have been completed
"a br
ton of a stock company to build a mill in
that town. The title of the corporation
mas not been determined vet. but the fol-
lowing facts are known: Mr. l.. C. Man
deville is the leading promoter OF the en-
terprise and will probably be it's presi-
dent 1t has been determined to build and
install plant of 5000 spindles and com
PIGMENT of twisters, the product to be 3os
to 4Os yarns and plain cloths. Such a
plant Will cost about $i50000. Mr. George
A. Gray of Gastonia, n. c., experienced
cotton manufacturer. has been engaged to
act as superintendent and will engineer
all plans for the mill to its completion
ready for operation.
meeting of the directors of the Eagle
and Phoenix mills of Columbus. Ga, was
held during the month TO consider certain
proposed improvements. The president
had recommended these improvements at
the stockholders meeting. held July 8,
the question by the directors. 1t was de-
termined to issue $l50000 worth of addi-
tional stock increasing the capital from
S6O00OO to $750000, and to eXpend the
funds so acquired in the improvements in
question. Among the improvements will
be 900 new looms. giving he mills 1900 in
all they have $4,000 spindles. At the
stockholders meeting mentioned divid-
end of per cent was declared.
The Sprlngstein mills of Chester, S. c..
Will build spinning mill, so that their
looms may be supplied with looms at
home. This company has only recently
improvements to its weaving
mill al a cost of $1,000. and now comes
this entirely new mill, for such the addi-
ton practically is. About 100000 not
less, will be invested. The present main
will be extended S0x12O feet, two
stories high; the dye house will be eX-
tended to double Its size and filed with
dyeing apparatus; new picker
room will be erected. cotton warehouse
will be built, and about thirty operatives
cottages will be erected. The equipment
of machinery to be Installed will include
5000 spindles, with carding machines and
sufficient to supply the
mills looms with yarn; these looms num-
Der 435 just at present and forty will be
added shortly. increasing the total to AIS.
Additional electric lighting machinery will
also be purchased for the new buildings.
William G. Nichols Is treasurer OF this
Business men of Raleigh. N. c., have
laid their plans for the development OF the
Falls of Neuse. near their city.
They have applied for Incorporation un-
der the name OF the Neuse River Mills |
with an authorized capital stock of $780,
200. Messrs. G. G. Latta and w. w. Vass
are the leading movers in this enterprise. |
and they have secured 121 acres Of land
and extensive water rights which the COM
pany acquires. The property has dam
on II now, and this wiz be at once i'm |
proved and enlarged, and plans for large (
cotton factory will be obtained within /
few weeks Others besides Messrs Yass
and Latta among the incorporators are
] r. Chamberlain. V. d. Moore. j. A. 1
tones. Joseph G. Brown, r. II, Battle and
2. II. Lee.
The Ashcroft cotton mills OF Florence.
Ala, has been granted articles of lncor-
,oration. the capital stock being placed
1t $50 900. The projectors of this enter
prise met during the month and elected Of
icers as follows: President. Cyrus w. Ash
craft: vice president. John r. Ashcraft.
and secretary treasurer. s. S. Broadus
Rireetors The officers named. and o. A.
Robbins, Lee and Blister Ashcraft and \.
r. Cherry. This corporation has definitely
decided to build for 1000 splndes. and
medium grade yarns: also
hey are considering increase OF capital 10
$40 900, and the purchase OF eighty looms
IN waaya their looms into hroNn sho,,i..