The Montgomery advertiser., 1909-07-03

rose to sss,2i2 spindies and 1850
looms, which represent an investment
OF nearly $4,000, 900. OF the total for
the second quarter. 20S.5o0 spindles and
$3.50 looms will be installed by, eleven
new companies, and all but Ave OF
these new companies have been orga-
nized by men who have been practical
cotton manufacturers and have been
Interested in established mills for some
years.
Five companies organized by men
new to the industry will install total
OF 1890 spindles and $50 looms. which
win cost about 100000. Therefore.
about %, 100000 of the total $10.ooo,ooo
to be Invested in undertakings an
nounced during the second quarter OF
the year represent the faith In the flu
ture OF cotton manufacturing In the
South held by experienced men ac-
quainted with its 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
600 looms; Eflrd Manufacturing Co, AL
bemarle. N. c.. adding $4,000 spindles;
wiscasset Mills Co.. Albemarie, N. c..
adding $4,000 spindies; Locke Cotton
Mills, Concord. N. c.. adding 10000
spindles; Arcadia Mills, Arcadia, s. c..
adding 10000 spindles and $50 looms !;
Eureka Cotton Mills, Chester, s. c.,
adding 10000 <spindles and $50 looms;
Newberry Cotton Mills Newberry, 8. c..
adding 10000 spindles and 800 looms:
Beaumont Manufacturing Co, Spartan
burg, s. c., adding 5000 spindles and
$50 looms; Patterson Mills Co., Roa-
noke Rapids. N. c.. to install $4,000
spindles and $50 looms; Castle Cotton
Mills, Ltd, Knoxville. Tenn, planned
for 100000 spindles and 2.40o looms.
Other important general announce
ments of the week included the follow
ing: The Jackson Lumber Co.. Ashe-
Vile. N. c., was incorporated with q
capital stock of 100000 by New York
chased $1,000 acres of timber land In
North Carolina. The Hickman Glen
dale Consolidated Coal Co., Wheeling,
w. Va, was incorporated with a capi-
tai stock Of $4,000 A. H. Richard
son. Ansonville. N. c., plans an invest
ment of 100000 to build water
power electric plant for transmitting
5000 horse power. b. +. Avery and
Sons, pillow manufacturers, Louisville,
KY, invited bids for erecting eleven
buildings with a total floor area of
nearly ten acres, for their new plant.
The West Virginia and Pittsburg Sand
Co., Berkeley Springs. w. Va, was In
corporated with a capital stock OF
s125.000 The Carolina Paper Pulp Co..
Newborn, N. c., announced Its plan for
engagements to cost $4,000 The L.
Banks Holt Manufacturing Co.. cotton
goods. Graham. N. c.. was incorporated
with q capital stock of $l.oo0,0o0. The
White Ash Coal Co., williamson, w.
Va, was incorporated with capital
stock of 100000. archibald Medium.
Zebulon, N. c., will form q $1,500,000
company to operate oil mills and a re-
fnery. The Lockport Central Sugar
Refining Co., Lafourche. La, was in
corporated with a capital stock of
5000 The Busch Everett Co., of st.
Louis, will organize the Mississippi
Valley Gas. Oil and Pipe Line Co., to
undertake Its extensive plans for pip
ing natural gas from the Caddo oil
fields in Louisiana to New orleans,
Memphis, st. Louis and other cities,
which will involve an aggregate cost
of many millions of dollars. The CAL
noun Mills, Calhoun Falls, 8. c., will
add 1920 spindles and $50 looms. The
Banna Manufacturing Co.. Goldville. s.
c., will add 4.096 spindles and 200
looms.