New-York tribune., 1922-06-04
Vertical Expansion
OF Textile Trades
Tendency in South
Mills Are Acquiring Cotton
Fields, Gins and Other
Factors Necessary 10 We'll
fare of Production Circle

CHATTANOOGA. Tenn. June 2--.
Another addition 90 the textile indus.
try In Chattanooga was announced this
week. The interests which own the
Dixie Mcrcerizing Company have ppr-
chased go acres - iard near the ely,
and will begin erection of a large
epinning min 40 once. The MIL and
equipment are expected % cost over
s50O000 j T. Lupton and Carter
Lupton, local capitalists, arc moving
spIrifs In 'he project
There has been a general tendency
toward vertical eXpanFion of al mer-
ceriz.ng plants in fhe Chattanooga
district. The Standard Thatcher Cooia
Company owns cotton fields gins.
spinning mills. morcerIz|ng estabish-
mcnfs. The Dixie. younger company,
has been quite successful in Ifs mercer
ling. but restricted by the lack ~ fgf.
fciort yarns. So u too i8 ertahlisfing
a more adequate ard dependable fource
of supply.
The bcsi example o. vertical dsvel.
opment in the region, however. if the
Crystal Bleaching Company. 40 Chick
smauga. Ca. This frm, The largest
bloachery in fhe South. owns cotton
fields, gins, pinnIng mills, q Dag fac.
tory. bleachery and print shop for
stamping the sacks. lts business more
than satisfactory and competitors
arc setting up here % take advantage
Of tho skilled labor.
Textile business In general is good
here. Some Of he smaller mills are
putting into effect another wage cut,
20 meet the last New England reduc.
tion, although they stIil have ample
Immediate orders, and fail require
mcnts are beginning 90 bo booked
Atlanta spot cotton sold Wednesday
az 20.I5 cents. nov record f5r tho
year. July options sold as hrh as
2l25. Reports from Memphis are con-
sistently bullIss On crop conditions.
The river rayages are being found
much worse than estimated. Crop con-
dit.on reports are discourar.ng for a
crop az an adequate for demand.
Southern carriers have already pro-
posed 20 the Interstate Commerce COM
mission, 40 the Atlanta class rate in
vestigation session. confiderahle rcduc.
tions md rcarrsnCemenfs % rates. J.
= Ti.fofd. assistant traffic manager of
the Louisville d Nashville, made the
proposition which would brag rates
from Mississippi points % central
Southeastern points down os low as.
those from the Ohio River Uniform
difercntial advantages are being pro-
posed. In place ~ a SOC ~ three diaer-
entails IN use IN most Southern cities.
The coal strike and consequent ad-
vance In pig iron have siready had their,
effect in this section Roane Iron Com--
psny, AZ lockwood Tenn. blew ir its
furnaces Wednesday Ih's company
bas been cold for over year. but Ia
the last Two months had been onerst-
ing mines, and, even more recently.
coke ovens. The Chattanooga Iron ard-'
Coal Corporation is expected 20 blow
in within the next few weeks.
Coal demand from the North is
stronger than ever. Producers are not
booking orders az current prices fur-
ther ahead than June :. There has been
liftie change In the strike situation
heresbouts. The frat case of violence
in District 70. United Mine Workers.
has been reported and ibis nas rot
traceable 10 the strikers. The caI cable
a. the Palmetto Company mnc.
Whitweli Tenn. was cuf May 28. 30
damage was done Tho Tennessee Coal
and Iron Railway persists in tie 'i1-
tontion ~ d.smant.ing WfItweil mines
The mules have already been removed
from the mines. and taken 20 Aifhaml
A 10 per cent raise recently announced
by T. c. & /. does not apply 20 Iennes'
see miners,