The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-12-21
VAST
GROWTH IS SHOWN
Three Years of Wondeifu
Industrial Development.
WORK ON VARIOUS FINES
The Postofficp, the Banks, Metal and Wood
Working Establishments, Cotton Mills,
Hotels, Street Railway, Building
and Various Other Matters.
Especial to News and Observer

Especial to News and Observer
Greensboro, N. c., Dec. 20.-At a meet
ing of the immigration and Industrial AS
ISOLATION of Greensboro last night, the
annual report of it's officers were made
and other routine business transacted.
The report of the President, J. w. Fry,
is such an admirable and condensed ex-
position of the city's progress and growth
that it is herewith given almost in full:
To the Members of the Industrial and I'M
migration Association:
In presenting this report, l wish to
give some facts and figures showing the
progress made in industrial enterprises
and the remarkable growth of our city
during the last three years.
The figures which follow, give in the
main, the increase in capital and the
number of operatives employed.
Taking first the Wood working Plants,
which are grouped under the three heads,
Sash, Doors, Blinds, ETC.; Spokes Handles,
Shuttles, Bobbins, etc. and Furniture,
we find that in the first group-Sash,
Doors, Blinds, ETC., the increase in cap
ital is $4,000 and in operatives SO.
In the second group-Spokes, Handles,
Shuttles, Bobbins, etc, the increase in
capital is $4,000 and in operatives u.s.
In the third group-Furniture, the in
crease in capital is $9S, 900 and in opera
tivss SLAB. This latter is an increase in
capital of about 400 per cent.
In Metal Working Plants, including the
Furnace, the increase in capital is about
| ST., 900 and in operatives SO.
In Cotton Manufacturing, including the
! White Oak Mill now in course of con-
! struction, the increase in capital is about
| S1,S95,000 and in operatives about 3,155
| When we consider that the increase in
| population is about three for one in OPP
! eratives in Wood and Metal Plants and
| about two for one in Cotton Mills, we see
! how rapidly our population muItiplies as
our manufacturing plants increase
The receipts of the Greensboro postof-
| fec for eleven months ended November
| Goth, 1902 were $31 297.81 and for the
| same period this year were 49,, 500 70. an
/ increase of $4,202.9S, or Is 4-10 per cent
! As another evidence of the rapid
growth of our city, canvasses made by our
postmaster show that during the past
| thirty-tive months the increase in the
number of buildings erected within the
| corporate limits is S44 or twenty-four a
month and nearly one a day. This does
i not include the mill villages in the sub
urbs.
| Probably no better evidence of the
! growth of the general business of a
! community is TO be had than the growth
of its banks. The individual deposits of
all the banks shere on the md of De-
cenlber, 1899 were $685. 20 and on No
vember 25th, 1907, were SLAP, 295.77, an
increase of $685. OBS. 81 or 76-6-10 per cent
Among the new enterprises and addi-
lions to old ones which have tended to
the upbuilding of Greensboro, the fol-
| lowing notable ones may be mentioned.
In Wood Working plants, new the
| Hardwood Manufacturing Company The
Gate City Furniture Manufacturing Com
pany, The Greensboro Table and Mantel
Company, The Southern, The Sherwood
and The North State Bobbin Companies,
and the enlargement of the plants of the
Carolina Spoke and Bending Works, The
Greensboro Furniture Company and 9TH
ers
In Metal Working, the enlargement OF
the Acme Mill Works, The Sergeant Man
ufacturing Company, and new plants, The
Dixie Manufacturing Company (mal1ing
blowers and shaving collecting plants)
Wysong and Miles, and the putting in
blast of the furnace of the Empire Steel
and Iron Company.
In cotton manufacturing, the enlarge
ment of the Proximity Cotton Mills and
the American Manufacturing Company
making pants and overalls, the compile
tion of the Revolution Cotton Mill and the
Van Deventer Carpet Mill and the loca-
tion of the White Oak Mill now in course
of construction.
The large increase in the Leaf Tobacco
Market.
The location of a branch factory of the
American Cigar Company.
The completion by the Greensboro Elec-
trio Company of well built and we'll
equipped street railway, light and power
system.
The increase in capital of the Southern
Loan and Trust Company.
! The organization of the Greensboro
Loan and Trust Company.
The organization of the Home Fire In
surance Company, and of the Security
Life and Annuity Company.
The Johnson & Watson Shoe Factory.
The work of Improvement of our streets
and county roads.
The organization of the Central Caro-
lima Fair.
The erection of City Hall, Opera
House and Market.
The rebuilding of the Guilford Hotel
The erection of the Benbow and HUFF
fines Hotels and the enlargement of the
McAddo Snd Clegg Hotels, increasing the
hotel accommodation by 233 rooms.
The erection of the Curry and Students
Memorial Buildings at the Normal Col
lege.
No one not an officer of the association