The herald and news. [volume] (Newberry S.C.) 1903-1937, 1904-07-29
TO CURTAIL PRODUCTION.
Southern Mills to Reduce to Is per
Cent. During August and
September.

N!StlI' ltlS. July -/-I'S d |'tS
which was practically unanimous. cot
ton Spinners from North Carolina.
South Carolina. Georgia. .labama
and Mississippi. who met here today.
decided to curtail production Is per
cent. or to basis OF IS per cent. dur
ing the months OF August and Sep
tember. This action was due to the
unsettled condition OF goods market
and to the poor demand both from
home dealers and exporters.
The question OF curtailment was
the most important matter considered
at the meeting which was largely at
tended, especially by South Carolina
mill men. Col. James L. Orr. presi
dent of the Piedmont Manufacturing
Company. presided. The special COM
mittee appointed at the Spartanburg
conference to ascertain the extent of
curtailment now existing showed the
following:
North Carolina, 50 per cent: Mis-
Sissippi IS per cent; South Carolina.
26 1-2 per cent: Georgia. IS per cent:
Alabama, IS per cent.
After brief discussion the following
resolution was adopted, the vote be-
ing 2.I83.o52 spindles for. and Io6oo6
spindles against: That the mills pres
ent agree that production shall be re-
duced during the months Of August
and September IS per cent. by ither
running Is per cent. of the machinery
all the time. or stopping all machin-
cry one-fourth OF the time. as may
be most advantageous to the respec-
tive mills. the object being to limit
production to Is per cent. OF normal,
and they further respectfully recon-
mend that all the cloth mills in the
states of North Carolina. South Car
olina. Georgia. and Alabama, which
are not curtailing to this extent. shall
do so for the months of August and
September.
1t was further agreed that manu-
facturerS would not pay freight be-
yond New York on goods destined
to bleacheries. and that the bills
should be paid within ten days from
date OF shipment or date OF invoice.
4 rate schedule for the month of
August was adopted and prices were
fixed below which the mills will not
sell. 4 committee was appointed to
notify the mills OF any change in
prices.
Commission houses will be notified
of this tariff sheet.
kilograms were received from
South Carolina manufacturers indi-
eating a material improvement in the
condition of the goods market since
the Spartanburg conference. when
new higher prices were agreed upon.
Nearly 100 mill men are here TO-
gether with the committee. Among
them are: J. 4. Brock. Anderson.
Anderson Cotton mills and Brogon
Cotton mills: James P. Gossett, Will
liamston mills; 4. B. Calvert, Spar
tanburg. Drayton mills: w. c. Han
nick. Limestone mills. Gaffney: John
A. FAINT. Monarch Cotton mills. Union:
B. L. Duke, Commonwealth Manu-
faucturing company. Durham. n. C.;
Tohn 4. Harris. Abbeville Cotton
mills: S. C. Smyly. Liberty Cotton
mills: F. 4. Smythe. Pelzer Manufac-
turing company: J. J. Littlejohn.
Jonesville Manufacturing company:
w. H. Sarter. Ae,.la Cotton mills.
Union: Phillip St. George Cooke.
Laurel Cotton mills. Laurel. Miss:
S. B. Tanner. Henrietta mills. \. c.:
+. F. Lanham. Augusta: c. F. Bost-
wick. Waycross, Ga: R. P. Roberts.
Cherokee Falls: V. J. CUTLERY. Green's
boro, n. c.: P. \. Rhodes. Augusta.
Ga.