Pine Bluff daily graphic., 1915-03-04
Chamber of Commerce Will Consider Proposition in
 Next Few Days.
MEANS INVESTMENT
 HERE OF $200,OO0
Plant Is Now in Operation, and, If Ar. engagements Are Made, It Will Be Moved to City in Sixty Days.
 Bring 125 Operatives.

Io move CollOll HILL Wllu SOOU ] spindles, all it's machinery, all it's 125 or more operatives, the entire plant which is now in operation from its present location ill Tennessee to Pine Pine Bluff, is the proposition which is to be discussed at a special meet ing of the trustees of the Chamber of Commerce that will be held within the next two or three days, and al- ready the prospects are that the trus- tees will approve the scheme and that steps will be taken to carry it out
 The matter has been the subject of negotiations for some time past be- tween representatives of the cotton mill company and Secretary E. B. Bloom of the Chamber Of Commerce, and a representative of the mill has local situation. He has reported favorably to his company, and the company has made the proposition in writing to the Chamber of Commerce, as result.
 It is expected the trustees. when they meet, will name a committee to visit the mill which is now in opera tion, and to study the matter thor oughly, then to report back to the trustees, with recommendations Ten days or two weeks; therefore, will sec a definite action Of some sort taken on the proposition by the trustees of the organization.
 Center of Raw Material District.
 Two reasons primarily influenced the cotton mill company in seeking to come to Pine Bluff, according to the letter received day or two ago by Secretary Bloom, these being, first, the fact that Pine Bluff is a large market for high grade staple cotton, and the second, that better freight rates for the product Of the mill can he obtained out of Pine Bluff to the western markets 'whera the mill sells it's goods. A saving of one-third or more in freight bills will be accomplished, it is estimated. :,
 No bonus is desired by the cotton mill company, but quantity of stock will be offered for sale to local peo- pie, this bringing about an increase in the capital stock of the company. Receipts from the sale of this stock will be used in the erection of new building here, the transfer of machin- cry and employees, and other such necessary purposes.
 That the transfer of the mill is more advantageous than the estab- lishment of a new mill. is shown in tho letter. which mentions that the mill is constantly in operation, has never yet been shut down. will be shut down only about 30 days while the transfer is being made, and has it's force of trained employees, all of whom will be moved; and, finally, the mill has big market for all It's products, the western cities taking all the stuff the mia. produces, and wanting more. The mill manufac- turers either white or colored goods, and at this time is turning out both classes.
 Employment for 125.
 It was mentioned yesterday that the presence of the mill here will add s2OO,O0O to the amount of money in- vested in manufacturing enterprises in this city: will add at least 125 persons to the population of the city: will mean the occupancy of 50 or 7a additional dwelling houses; and in directly will mean increased work and business for virtually all classes of labor and business houses.