The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1909-07-06
South's Wonderful Pro-
gress This Year
s17,000,000 TO Be SPENT

cnced Cotton Manufacturers and
Represent Faith in South's Future
in This Industry.
Baltimore, Md, July Announce
ments Of definite plans for an eXpend-
lture Of nearly 1900, 900 upon addi-
tons to the cotton mills of the South
nave been made during the first half
of this year, according to the Manu-
facturers' Record. In the first three
months the announcements were of
268,8SO spindles n $500 looms to
be installed, representing an invest
ment of nearly $1,000, 600, and most
of them were for additions to the ia
cilities Of established enterprises. That
record practically doubled the record
OF the same period in 1908. In the
second quarter, ended with June, the
total announced installations rose to
3S9,212 spindles and 1880 looms,
which represent an investment OF
nearly 100000 OO. OF the total for
the second quarter, 208,5O0 spindles
and 1880 looms will be installed by
eleven new companies, and all but five
of these new companies have been or
ganiZed by men who have been prac-
teal cotton manufacturers and have
been interested in ablishedm mills for
some years. i've companies organ
lied by men new to the industry will
install a total of 1890 spindles and
$50 looms, which will cost about ST.
coo, 900. Therefore about $4,000. 700
of the total $40, 600, O00 to be invest
ed is undertakings announced during
the second quarter of the year repre-
sent the faith in the future of cotton
manufacturing in the South held by
experienced men acquainted With It's
advantages.
briefly stated, the most important
and largest propositions OF the second
quarter of this year were as follows:
Columbus Manufacturing Co, Column
bus. Ga, adding 10000 spindles and
500 looms: Efird Manufacturing Co.,
AIbemarle, N. c., adding $4,000 spin
dies: Wiscasset Mills CO., Albemarle,
n. c., adding $4,000 spindles: Locke
Cotton Mills, Concord, n. c.. adding
1900 spindles; Arcadia Mills, Ar
cadia, S. c., adding 10000 spindle
and $50 looms: Eureka Cotton Mills,
Chester, S. c., adding 10, 600 spindles
and $50 looms: Newberry Cotton
Mills, Newberry, S. c., adding 10000
spindles and 800 looms; Beaumont
Manufacturing Co. Spartanburg, S. G.,
adding 5000 spindles and $50 looms;
n. c., to install $4,000 spindles and
) LOOMS: Castle Cotton Mills, Ltd,
Knoxville, Tenn. planned for 100000
spindles and 2,4O0 looms.
Other important general announce
ments of the week included he fol
lowing: The Jackson n Co
Ascheville. n. c.. was
with a capital stock OF s.oo,ooo pS
New York and Philadelphia capital
lists and purchased $1,000 acres O
timber land in North Carolina. The
Hitchman-Glendale Consolidated o
Co, Wheeling, w. Va, was incorpo-
rated with a capital stock Of 5000
600. A. II. Richardson, AnsonVille
y. c., plans an investment Of 100000
to build a water ~power-eIectric plan
for transmitting 5000 horsepower
B.. F. Avery & Sons, pillow manufactJr
ers. Louisville. KY, invited bids To-
erecting II buildings. with a tota
floor area of nearly ten acres. to-
their new plant. The West Virginia
& Pittsburg Sand CO., Berkeley
Springs, w. v, was Incorporated witt
q capital stock of $125,000. The Car.
DINA Paper Pulp Co., New Bern, y
c.. announced its plans for enlarge.
ments to cost $4,000 The L. Bank:
Holt Manufacturing Co, cotton goods
Graham, n. c.. was incorporated witt
q capital stock Of 100000. The
White Ash Coal Co., Williamson, w
Va, was incorporated with a capita
stock Of 500, 600. Archibald Medium
ZebuIon, N. c.. Will form a 81, Q 0
company to operate oil mills and {
refinery. The Lockpoft Central Sugar
Refining Co., Lafourche, La, was in
c~orporated with a capital stock O
100000. The Busch-Everett CO., O.
ST. Louis, will organize the Mississippi
Valley Gas, Oil & Pipe Line Co, t
undertake it's plans for pip
ing natural gas from n CaGdo OF
fields in Louisiana to New Orleans
Memphis. ST. Louis and cite:
which will involve an aggregate COS
of many millions of dollars. The Cal
houn Mills, Calhoun Falls, S. c., vii
d 1920 spindles and $50 looms
The Rama Manufacturing Co. Gold
vile. S. c., will add 4,O96 spindlcs ant
ESQ looms.