The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1899-02-22
THE COTTON MILL.

AbbeviIIe's Great Enterprise Forging
Ahead-Many Hands and a Num-
ber OF Mules and Wagons are Dig.
ging Out the Foundation for
New Structure.
If you wish to look upon busy scene.
where the whole Of the space Is covered by
active workers, 20 to the AbheVllie Cotton
Mill, where seventy-ftve hands, thirteen Wag'
rows are removing the dirt for the foundation
of the new cotton IN III, which is TO be l04x2i9
feet in dim mensions. The present contract is
for single story, upon which tenn s1P Porary
Northrop looms are to be placed. Alter
breathing spell, and when little more mon.
ey is In sight, the walls will rise to the
heighth of the present building, making iour
stories for the new mill.
AS soon as the mill house Is under wav, the
work OF erecting the cottages will be COM
menced. Forty new cottages are TO ne addeo 20
to the present number, and in addition To
these houses, homes for the bosses, the super
intendent, and the president Will go up, so
that those who are so closely connected win
the mill are very proud OF their splendid ma
chinery, and their elegant mill mouse is
source OF great qualification TO their pride.
while the whole inspires them with the great
reasons they want to be near to their work,
and the day Is not distant when the factory
village will Include Within its precincts full
line or officers and operatives-or about one
thousand souls.
When the cottages and the mills are fin ish-
ed In April, double force 81 mill operatives
will be employed. The spinning will run
Wight and day. The double set of looms will
run only in the day time.
The stock holders are feeling more comfort
able than at any previous time, and the stock
IL held in better esteem than ever before.
There Is not now much stock on the market.
and but little of IL could be bought, except at
a fair price. The mill at this time is earning
money, and dividend will be made by July,
and may be paid out then. unless the officers
Of the M Ill should conclude that the money
will be needed for paying for additions or i'm.
provements to the property.
The question has been asked, where the
money comes from to make these additions
and improvements; While we cannot give
the names OF the investors, the 500 0O0 has
been assured. We presume the individual
investors are Northern friends OF the enter.
prise who already have money In 1t, or else IL
comes from their friends who have faith In
mill. They did not ask that the local stock
The fact that the Northern friends who so
largely control the destiny OF the mill, have
directed the work OF construction TO proceed
at once, without waiting for Spring weather,
gives ground for the belief that they have
confidence in the final results which are to
come 10 those who are 80 fortunate as TO own
stock in the mill. This work was ordered to
20 on regardless OF the fact that brick TO erect
the building will cost So. per thousand, In
stead OF So, ,3S, II we should walt to have them
made on the place.
The fact that this Sl0O ,O00-clean, hard dol
ars-is put into the enterprise by Northern
men who have no other reason for investing
than to make fair profit on their money, Is
very assuring to tinorous souls and must be
very encouraging to doubling Thomases.