Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1905-08-02
TEXTILE NEWS Of INTEREST
Notes About Cotton Mills and Other
Southern Industries.

Southern Industries.
The monthly summary of cotton crop
conditions in the Carolinas is reported
by the correspondents of The New
cork Journal of Commerce follows:
North Carolina-On the whole cot
ton has shown general improvement.
Rather too much rain is a general
complaint, but since the middle Of the
month the weather has been favorable
and nearly all correspondents report
the plant doing we'll. Some shedding
is complained of, but other elements
of deterioration are rarely mentioned.
South OBSERVATION-DISCLOSURES are ONE
what contradictory, heavy rains early
in the month producing a large sappy
weed with little fruit; but since the
18th inst. weather has been very ia
yorable. the plant is doing we'll and
fruiting nicely and fields are clean.
However, correspondents almost uni
versally concede a substantial degree
Of Improvement.
1t is stated in mill circles that me-,
gotiations are now pending by which
cotton mills of the Tennessee Manu-
featuring Company, located in North
Nashville may change owners within
the next year, Joseph H. Thompson,
representing capitalists headed by w.
R. Odell, of Concord, is conducting the
negotiations, and the mater will be
definitely determined within the next
few days. Mr.. Odell is a wealthy cot
ton manufacturer, and it is said that
if he acquires the property it will mean
a great deal to the industrial affairs of
Nashville. 1t is understood to be the
plan of the new company, if the deal is
consummated, to equip the mills with
new and modern machinery, and oper-
ate them on a large scale. This would
mean the employment of a large num-
Der of persons.
A Shanghai, China, dispatch of the
25th says:
Now that the boycott on American
goods has begun in earnest, the Chi
nese guilds have taken a step that
will practically close up the American
trading companies. The agents of the
large American firms have been Or
dered to leave their employers. To-
day there was no kerosene on the mar
ket.
At the same time the stevedore
guild is threatening to refuse to dis
charge American kerosene ships. There
is a steadily growing opinion among
the leading American warehouses that
Japanese influence is secretly behind
the movement.
A Memphis. Tenn, dispatch says:
1t is stated now that the Union Cotton
Mills Company, of Atlanta, Ca, have
decided not to locate a cotton mill and
bag factory. The decision was predi-
Gated, it is said, on information re-
ceived from a small town in MISSISSIPPI
pi, ~purporting to give advice regard
ing the labor conditions in Memphis.
When Mr.. Carter. the representative
of the company was in Memphis, he
was driven around the city to the va
rious industries, saw the conditions as
they were and was given the average
wage rate. He is reported as saying
that labor conditions were favorable.
A little later a letter was received by
the Industrial League from Mr.. Carter,
stating that his company would not To-
cate here. Memphis has no cotton
mills, and is not inducing such con-
Germs to locate there.
The National Automatic Needle
Company, of New York, has written to
Charleston, S. c., offering to establish
a branch factory there conditioned
upon a site being furnished and a
subscription of $50, 900 of stock taken
in the concern. Charleston is to be
given the vice-presidency and three
members of the board of directors. 1t
remains to be seen what will be done.
The same proposition has been submit
ted to several other cities and the
communication from the New York
parties states that the first city which
accepts the proposition will get the
factory.
The stockholders of the Hamer Cot
ton Mill, at Hamer, S. c., at their an
nual meeting, declared a dividend OF
- per cent. Among those present were
M. V. B. Brinckerhoff, of New York;
H. K. McCormac, of Rowland, N. c.;
John S. Thompson, of Little Rock, and
r. l.. Thomas, of Wilmington, N. G.
There was a meeting of the directors
of the mill the same day at which time
r. P. Hamer, ST., resigned the position
of president on account of his ad-
vanced age and R. P. Hamer, Jr, was
elected president, retaining the posi-
ton of treasurer and secretary.
A charter has been issued to the
Dillon Storage Company, which is CAPT
talized at $4,000. R. P. Stackhouse is
president and Wade Stackhouse Sec
rotary and treasurer. The purpose OF
the company is to store cotton. Anoth-
er organization having the same pur-
pose is the Orangeburg Warehouse
Company, capitalized at $4,000 This
company was chartered last week, the
officers being J. S. Hardy, president,
and Robert Lide, secretary and treas
urer.
TEXTILE NOTES.