The leader., 1900-04-25

| chased Endorsement has ever appeared u
cen years Ii has been established. VIVA
has been true In the past viii be equally
applicable to the future. as without favol
the worthy vii be Endorsed and the I'M
Mills Is a concern well known for lnteg
rity and fair dealing. as well as for tbs
excellence OF their product. We advise
| all Interested to communicate with them
They will give you honest values and viii
| treat you right.
We might also mention that the Mlssls
sippl Mills manufacture a complete line
considerable mill in the south successfully
| manufacturing such a line. and cassi-
meres. cheviots and trouserings
| NATCHEZ COTTON MILLS.
| The third cotton mill in Mississippi now
| In operation, In point Of date OF charter
and construction, Is the Natchez Cotton
| MILL which was chartered In 1877. and
finished in 1878, and has been In con
| tlnuous operation twenty-five years. The
main building is three BRICK build
| Ing, 90 by 32S feet, which contains 1900
| splndIeS and 336 looms, and is operated
| by 40 horse power engine and boilers.
The capital is S22J, 900 The product of
| the mill is gray goods, brown sheetlng.
shifting and drills. which finds ready
market. and recently was sold in very
| large shipment direct to China.
This mill some years ago suffered
very severe loss by boiler eEpiosion,
NLith aAliohuttu " cllJ,NVt. MI " + .
Learned, president of one of the large
Natcbez banks, is president of the mill,
too. and w. II. NJ. Woods is Guperin-
tendent
The fourth mill In Mississippi is the
ROsaiic. of Natchez, which was erected
about 1879 or 1850.
1t was at first intended to manufacture
only yarns and an equipment of 6OOO spin
dies was put In for that purpose, but
the Natchez domestic, turned out by the
older mill, soon gained such an cnviable
reputation In the market that Rosalie In
creased Its spindle equipment to 5000, put
in 24O looms and began the manufacture
Of s!Icl!ar goods. 1t was at first very
successful enterprise. but along with
few ether southern mills it got tangled up
in the panic of 1896. and has now been
idle for several years. 1t will, however
soon be humming again. as the plant was
la the fall of 1893 purchased at public
sale by the owners of the Natchez Cotton
Mill. who will operate 1t in connection
with that mill
the main building of the Resale is 20
by 10 feet three stories. with detached
engine and picker-rooms, The motive
power is derived from 800 horse power
engine which is supplied with steam by
three tubular boilers. The capital of
the Rosalie WAS 10000, but misfortune
AMI the purchase OF too much cotton GA ga
falling market some years since ana
old machinery caused it to cost It's
original stockholders a considerable sum
over and above its capital stock, and q
upDt OF nPdTlN SND,DOO III LlpL SdStN hhA
bonds was incurred, and after standing
idle several years 1t was sold. under
foreclosure. on Dec. ., 1899, to the
Natchez Mill Company for $40, 100.
The \atcheZ Mill Company owned me
bonds and bought it for half Of the debt.
This mill will not he known as Resale
any more, but become mil No. or the
Natchez Cotton Mil Company. which VIII
cxpcnd $4,000 in installing new ma
chinery and in other improvements, and
il will then contain 10,5IS spindles anu
300 looms.
other and will he under one manage
ment and Jointly have -, 450 spindIes and
$50 looms.
THE COLUMBUS COTTON MILLS.
The fifth cotton mill In Mississippi
now in operation is the Tombigbee Cotton
Mills. of columbus The date Of organi-
cation is not known to this writer; put
II has been running long time ana las
S1IDO00 capital and Is making Snlftng,
Saceting. drillings, Osnaburss and rope
and makes I3 and 20 yarns.
No. 20 2ply yarns are quoted at ~
to 20 cents per pound; thus '-cent cotton,
when made into yarn, is worth nearly
So for 81 of raw cotton, without being
woven into cloth. which increases 1t still
more
This mill in 1892 had 1894 spndles
S064 spndles and 252 looms. showing THAT
1t is steadily growing in Importance TO
its owners and to the community as Il
wealth-produccr.
customers. I ne officers Of this company
are Colonel II. johnson, president; J. h.
Bell treasurer and superintendent
MERIDIAN COTTON MILLS.
The junior plant of Mississippi. is the
Meridian Cotton Mills, which was organ
lied October, 1895. with $4,000 capital,
with Levi Rothen365erg PreIM,deppt 3n, T.. b.
treasurer; W. a. Brown, secretary, and
Louis COIN, general manager.
The president, Mr. Rothenberg was In
strumental in the organizau2n OF the
company, and the manager, Mr.. Conn.,
planned and designed the plant and Sc,
iectpd and purchased the material and
ma chinery. The mill buildings were,
threestory brick, "a by l6i feet; and q
en- CINE house and bollerroom. 30 by 10
feet, and warehouses, and were completed
the list of September, 1896, and the ma
ghneTy insaiied and Put into t@e
from organization to operation of the
plant. 1t is now three years old in actual
WORK. There were subsequently added
TO these original buildings two-story
new weaveroOm, and two-story brick;
50 by 10, used for dyeing, bleaching and
spooling departments.
At the end of the first years run, Jan.
l, 1895 the capital was increased out
of the earnings to S122, 900, and leaving
S4157 % surplus, which IS a splendid
first years work on $4,000 capital.
The plant started with 6340 spindles and
200 looms. After two years run TO Jan
uary, 1899, the plant stood in cost $14S,-
800 81 and the capital stock was In
creased to $4,000 out OF the earnings,
and 10 per cent dividends sent the stock
holders. making the years earnings for
the second year $14,154 So, which, on ac-
count OF the depressed condition that
wear, Is a gratifying second years work
The mill this year carried a dept OF SAL
s4S As, which was nearly nair It's capl
tai.
On July 1, 1899, the capital was In
creased by the stockholders paying 10
per cent premium on the new stock,
which gave capitalization of 5000
With this additional capital, all debts
doubled and new building erected and
144O spindles and 200 looms, two addi-
tional boilers, doubling power capacity;
and dyehouse. electric light plant, weave
IA two-story brick bleaching building
end Of three years. 1925, 600, with other
assets. amounting to $4,000; represent,
ing per cent annual dividend, splendid
surplus and a tirst-class plant.
These recent additions cost about $75,-
900, and are to make finer yarns and
nlgher-priced fabrics, which will yield
better profit
The yarns Of the old mill are IA and
Is 1-2, while that of the new mill Is to
be 80 and 40 yarns. The 40 is good enough
to make lace curtains, and when the
Mississippi people can weave their own
lace curtains the mill will be on the road
to feel a great pride in their Industries.
This mill ran 305 days in 1899, and used
1925 bales of cotton, weaving and finish
ing 1857 .591 yards of cloth, and making
10000 pounds of yarn for the markets.
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