Republican farmer., 1919-03-28

with a capitalization of s25O,00O, re- presented by z,5OO shares of stock of | the par value of S1OO each. The au- 1 thorized capitalization was increased March 12, 191S by approval of l per cent Cumulative Preferred Stock i issue of s15O,O00. Only three shares 1 of this stock were ever issued and | these were subsequently redeemed. ! International Textile, Inc, is the 1 largest manufacturer of Barmen laCes i in the United States. It also produces ! at the Bridgeport plant a consider l able quantity of English or Noting l ham lace. The mill at York, Pa. pro- l duces only narrow fabrics and during i the war has been eng aged solely in
 the manufacture of braid for military i uniforms.
 PLANTS.
 Bridgeport Plant---This property land principal office are situated at l 1.O6o Connecticut avenue. about a mile from the center of Bridgeport in a section that has developed rapidly as a manufacturing centre within the l past few years.
 | The total area. of land owned by the ! company, exclusive of the tenement land. is about 2So,O00 square feet. Of
 this, approximately 72,OO0 square feet | is now occupied for manufacturing | purposes, thus permitting considerable ! expansion. The area of land Occu- 1 pied by tenernents Is roughly 100, ,0G5
 square feet.
 The plant comprises six rnanufac- turing buildings, a garage and Q, boiler house. In connection with the man ufecturing plant the company owns a, uun.ber of model tenement houses for the use of the employees
 A spur track to the plant furnishes direct shipments by rail. Pier facili- ties, one mile distant from the plant. permit water shipments to New York for transfer to all points.
 The original business started in 1909. was devoted to the manufacture Of Barmen lace, followed by the es-
 tablishing of q Marrow Fabric De-
 partment in 1914, q Levers Lace De
 partment in 1915. The machinery in
 the Barmen Lace Department is prac-
 tically all of German rnanufactu {;
 the Narrow Fabric Department ma
 chinery of American manufacture and the Levers Lace Department ma
 chinery of English manufacture.
 The manufacturing equipment con- sists of circular lace machines, looms
 winding and carding machines
 bleaching apparatus. motors etc
 About 30 per cent. of the machinery is only one or two years old, the bal
 ance being not over seven or eight years old. The machinery is in ex-
 ceHent condition and very little of ar e obsolete type.
 The company purchases electric . power from the Bridgeport Electric : Light company. The boiler plant is
 utilized for heating and for general - ing live steam for use in the bleach. f ing t the city. is used in the bleaching pro
 cess after being filtered. No expense Q has been spared in making the wholt
 plant attractive from every viewpoint " with paved driveways lawns, tree! e and shru'5bery.
 . York Plant---This plant is located , at 159 E. Elm street on the outskirts 7 of York. Pa. The building is of brick . slow burning mill construction, ont IL story high, approximately 227 fee . long an1 is owned by the Independent
 Lamp and Wire Co.,, 1,737 Broadway U New York City. The Internationa = Textile, Inc. leases approximatel!
 9,60O square feet in this building, tn L. balance being occupied by a. wagol ; works. A copy of this lease Is ol } file at the office of the Director O
 Sales. 110 West 42nd street, New York t The plant equipment consists of rib
 
 n winders. electric motors. etc. Flee L. tric current is provided for light an, l. power by the lessor.
 Il Fifty per cent. of the equipment i J. about two years old, the balance be ,f ing of doubtfh age. The looms wer ,. purchased second hand in 1917 a
 which time they had beens operation
 for about 15 years. They were re ,e modelled by the company and convert h ed into ribbon and tape weavin - looms The old frames were retaine zt and the necessary new parts added
 These looms are inferior to the nor vs modern types, both in constructio h anldi capacity.
 ,e The plant is in good working order ,h and can be effectively operated in it T. present condition, but without tn
 economies and efficiency of a moder , plant.
 T. Basic, "Wednesday, March 26-Th ri new Hungarian government consist ,v of A Jews and six Christians, tn " Reichspost of Vienna says. The pa le per expresses belief that the Magys1