TKL CHAELOTTE NEWS JULY 15, 1911 ?te Mill News (From Textile Manufacturer.) Vallftv Creek di'wn some time t >r an indefinite Nasmith comber, 1 Heedrington & 1 (i to the equip- Mfg. Co. operatives of the enjoying a few I having closea y night for ten --•> .announced in . i> of the bankrupt i Mills met for the nin.s the bankrupt, ii.'fee. and ihe deter- •^ale of assets. F. \V. ; trustee, under bond been directed to of assets within 30 K li*’'. receiver, was t : r ne over the as- t ■ the trustee, and j C. -The Harnett Ma- 'vas announced as . olur'ns, two weeks T ire hosiery. Ar- ! made for the es- I int. * ss.—The West Point i with spin- !"ns are for sale, b 'f>am. Parties ; r'i’'sition should i.i.'On. president. Ga.—The Tallapoosa > ew machinery , Miipment during ’ ■ rk. which was i\i’r uf present •'’11. will be resum- •' completely de- dnd machinery of Mills owned by obb. The loss will $4''000 or $50,000 u- ^oe. \\ ill be rebuilt . u: S^T.OnO. '^0.—A company has •' th $^f‘.i‘>00 capital i; a plant here for I 'h nets. It has leas- - at No. 410 North fror>T Charles W. Mar- N. C.—Capt. J. E. Gil- nased the Randleman Falls Manufacturing 1 have since been r.to the Deep River t'ojv. ranv, been Concord, N. C.—The -Gibson Mfg. Co. manufacturers of fancy ginghams etc will shortly place on the market through the Cannon Mills, a new line of 31 inch zephyrs. Concord, N. C.,—The Brander Cot-' ton Mills Corporation does not plan any enlargements in connection with its recently-mentioned increase of capital stock from $85,000 to $125,000. This action was taken to retire bonds and place the enterprise on a stock basis. The co*hipany opei-ates 4,000 ring spindles, 40 broad looms, etc., by electricity on the production of dam ask. These mill expect to begin opera tion on Monday, after a close down of a month or more. BEHOVES milDNOnS • E80MTHEBL00D The cause of all skin diseases can be traced to some humor in the blood, and therefore the cure of any skin trouble can come only through a thorough cleansing of this vital fluid. Salves, washes, potions, etc., relieve some of the itching and discomfort, help to reduce inflamma tion, or aid in keeping the cuticle clean, but such treatment does not reach the blood, and of course can have no real curative effect. 5.5.5. cures Skin Diseases of every kind because it purifies the blood. It is an internal remedy for an internal trouble, and works on the only reasonable and certain method of cure. S. S. S. removes all acids and humors from the circulation and leaves the blood stream rich, healthy !.and nourishing in order that it may supply the cuticle with the neces sary properties to restore it to its smooth, normal condition. Book on Skin Diseases and medical advice free. 5.5. S. is sold at drug stores. THE SWIFT SPECIFIC CO^ ATLANTA, C4. Jonesville, N. C.—Creditors of the Jonesville Manufacturing Company met in Greenville Wednesday, a week ago, and elected Alfred Moore, of Wellford; T. B. Stackhouse of Columbia, and J. C. Watkins.’ of Greensboro, N. C., as receivers. These gentlemen have been the receivers of'the company. It was decided to sell the property of the company within 30 days in or der to pay the debts. The date of the sale will be fixed by the trustees. The company has two plants, a cot ton mill and hosiery mills, and sev eral hundred acres of land. J. J. Lit tlejohn is president. Greenwooc!, 3. C.—The Panola Cot ton Mills' buildings are completed and a part of the machinery has already been installed. The spinning frames will be installed during August and the mill will probably begin operation in September. This is a 10,000 spin dle mill for which the picking ma chinery is being furnished by the Potter & Johnston Machine Co., and the spinning by the Fales & .lenKs Machine Co., of Pawtucket, R. I. The contracts were placed through J. H. Mayes, Southern Agent for these com panies. dan and W. C. Bradley, Columbus; Judge Samuel Adams and J. B. Holst, Savannah. Tne old officers were re-elected as follows: G. Gunby Jordan, president; W'. C. Bradley, vice-president; J. D. Massey, treasurer; E. S. Faber secre tary. Lenoir, N. 0.—^Tlie cotton mills in this section of the state are running regularly. At a meeting of the di rectors of the Hudson Cotton Manu facturing Company and the Lenoir Cotton Mill a few days ago, a semi annual dividend of 4 per cent was ordered paid the stockholders. Mr. J. L. Nelson is the secretary and treasurer of both these prosperous mills. Roswel!, Ga.—The property of the Laurel Mills, in bankruptcy, was sold at auction at the court house at Ma rietta Monday. The real estate was first placed on the block, one bid of $25,000 being made by the American National Bank, of Atlanta, by its rep- re?entatlve. Col. W. L. Peel. An offer of $4,000 was also made by Col. Peel on the machinery. The plant, real estate and machinery, however, was sold in one lot for $31,600 to Col. J. P. Brooks, of Alpharetta, who rep resented the stockholders. The unfinished stock of the mill was sold to different parties for a to tal of $7,000. •lent oi' the . latter Clio, S. C.—Holding the Octoraro Mills Companv, or' Marlboro county, S. C.. is insolvent and unable to dis- j charge its indebtedness of several 'thousand dollars. Judge J. C. Pritch- Thp Siipp.cer Moun- rird in the circtiit court of the United !-■ 'Ml. rebuild their state here today signed an interlocu- .0’ % ’ Lich was bail; tory decree ordering the sale of the » ’ :?f week. It is ^aid ■ company's property by Receiver il- a- 's indention to con-;iiani H. Charbourn, of Wilmington. Brevard, N. C —The Transylvania Cotton Mills, bankrupt, and which we reported were to be sold, were auc tioned on June 26 and bid in by Cleve land and Williams of Greenville, S. C., at $22,500. The mill is practically new, hav ing been organized only about two years ago, with a fully paid in capi tal stock of $125,000. Various cir cumstances, it is stated, led to its failure recently, and it was disposed of at public auction on June 28th, Cleveland & Williams, of this city, being the successful bidders. A member of the firm stated yes terday that it was their expectation to enlarge the mill, reorganize it, and put it in operation in the near future. While details of this en largement have not yet been given out, it is stated that the plant will be changed so as to manufacture fine cloth, instead of yarn,, as heretofore. The mill is considered a good invest ment, owing to its good location, and other circumstances. EVERY WISH GRATIFIED iOdern btiildings and in- ' >t' a greater capacity ’ a'ed in the old plant. - sup’ lying electricity to - i-oi’on factory and light- terri»"vy. A a and the distribution of the proceeds among the creditors. The court decreed that Thomas J. Harkins, of Asheville, be appointed special master to ascertain and report to the court the names of the cred itors and the amounts due them by the defendant company. Announce ment of the condition of this compa- nv was made in January. •f.'-k progressing ion th.- Burk Creek Got hic’- ill be ready in a r th» installation of lU.OOO ■ dl-= The spinning for, Greenville, S. C.—The roof Is now ill be 'urnisheU by the being placed on the building of the ':ine I'o., of Paw-1 Westervelt Mills and the installation a. d the roving machin-iof machinery will be begun dunng " .r,socket Machine & the last of August. As already men- .)or,- )cke* R. I. ' tioned, this is a 50,000 spindle mill and ’ ■ is the first mill built in the South C.—Th^' compact awarded to make fine lawns and India linens a ' ra'ied the Galivan i from combed yarns. The picking and ireenville. consists Thi.^ building will foyr stories. Theree ' O story 50x100 foot arehousee. The addi- ill amount to about Ga —The Strickland Cot- r ■> of the few cotton . t'r.at ’has paid div- •' of the high price cot- !• demand for cotton > t.^r‘lgn markets. The v^id i*s usual dlvi- '^1- and checks were • t ‘ stockholders Wed- UsO. cards will be furnished by the Pot ter & Johnston Machine Co.; there will be thirty Nasmith combers; the drawing and roving machinery will be built by the Woonsocket Machine & Press Co.; the spinning by the Fales & Jenks Machine Co.; the poolers by the Easton & Burnham Machine Co.; and the warpers by the T. C. Entwistle Co. These firms are all represented in the South by J. H. Mayes, Charlotte, Charleston, S. 0.—As the result of an important meeting of the stockhold ers of the Royal Bag and Yarn Manu facturing Company, held June 27, a let ter has been sent to each of the stock holders in which the rirectors submit to them a plan which is deemed the most feasible one to secure sufficient funds upon which to continue the ap eration of the mill. The plan of the directors is to apply for an increase in capitalization of $150,000. This will be termed author ized cuaranteed stock and will be add ed to the $150,000 of preferred stock and the $325,000 of common. A plan is outlined whereby it is believed that the stockholders may secure this addi tional stock very reasonably. Another meeting of the stockholders will be held on June 27 and it will be then learned whether or not the majority of the stockholders have consented to the increase. The mill proper was shut down on May 27 and at that time 225 people were employed at the mill. The bag factory is still in operation. When asked when he expected the mill to be reopened, Mr. E. C. Hesse, president of the company, said: “We cannot say just now when the mill will be reopened. It will certainly not be shortly and it will hardly be before the new' cotton crop is market ed. Yet it is not possible to make any definite statement now and there is no one who can give the date when the mill will open. The coming meeting will probably have much influence on the matter, one way or the other.” Fingerville, S. 0. During an electrical storm which swept over the northern part of the county yesterday, lightning struck the warehouses of the Cohannett Cotton Mill, setting fire to the cotton and entailing a loss of over $3,000. Dur hnetiamtsesgtoday. lightning tore up the floor in the com- N. C., through whom the contracts pany’s store, shocking the bookkeeper were placed. e. N. C.—Judge Jaines •n order adjudging ■ cti »1K as the Victory ; ‘ ankrupt on his own i* u’3 amount to $18,000 -M.S. Watson. Buxton & ' Inston-Salem, are attor- nnd the matter was . .] K Alexander, re- t'lptcy at Winston-Sa- , C.—The Newton Cot- making up samples of ! mnel of a weight and ' anvas glove manufac- . lie made on the new installed. The mills weaver as yet but as thing Is ready about will be employed, weave mill addition an* ■r;:! months ago in the ’ : Turer. Athens, Ga.—The chamber of com merce received a letter from a North Carolina manufacturer in which he said: . “Myself and associates are figur ing on building a mill plant in the South, of 50,000 spindles and 1,200 seriously. Rude Haste. They were on their honeymoon. He had bought a catboat and had taken her out to show her how well he could handle a boat, putting her to tend the sheet. A puff of wind came and he looms’, but to start with one-half this grouted in no uncertain tone; “Let go equipment and complete later when the first was in successful operation. “We have one-half the capital ready, $300,000, for such an enter prise. Could your end be brought up to the same amount to land such a Dlant*’ Could a site of about ICO acres be secured just outside city lini- its which would be served by all railroads entering your city, same to be taken in stock of the company. Have you hydro-electric power now in your section? What is the price of steam coal delivered?’ Thee lass of goods to be manufa> tured will not come in with any class of goods ®^ by any other company in Athens at oresent. He proposes to establish an entirely new line of manufacture from what is now being carried on. -For first tlmef Columbus, Ga.—At the annual meet- .n fiftv year® the Granite-|ing of the stockholders of the g will have to shut down | and Phonix Mills Company, he low water In the pond. - to in >! Horsr* creek, and this ' ■ t o dest streams in that '' roHna, and for more ' a century furnished ■ t^ian was necessary for S. c.- ■ ’^;Med dry weather through- ’if-rtion, however, has cr> 1 f'et to the lowest • been in year.*?. There is f'pt in the edge of the - la*; ft Hve-foot mark, when 1.- fu;i This gouge Is left -y without any water be- i s. Mo.—Creditors of the ' Manufacturing Com- ‘ consf^nted to accept V5 n settlement of their r. affair- of this company 'fl by a company of this ^ will receive 5 per cent for their services- nesday, July 5, it was „ crease the capital stock o^f the TO pany from $750,000 to Increase was made on showing of the operations of th^e g nlant, the reports of the . Ing quite gratifying to the in attendance. In addition to t e tone business of ^jrec- was disposed of, tors for the ensuing year were named. The Eagle and Phenix thfl oldest and most prosperous m the South, employing 1,800 operat ves '"’Th'e^ stockholders elected the foUow mrboard of directors: Messrs. E. T. mills are Comer, Munro Millhaven, Ga.;** Mark W. Quincey, Fla.; Henry Buist, Charleston, S. C.; Gen. George Harrison. Opelika, Ala., S..-rou‘'r“iorian, l d jo. John t) Dis- the sheet, quick!” Still no movement. A few minutes after, when both were clinging to the bottom of the overturn ed, he said; “Why didn’t you let go that sheet when I told you to, dear?” “I would have,” said the bride, “If you had not been so rough about it. You ought to speak more kindly to your wife.”—New York Evening Post. Not Surprising. “You can’t see the leading lady now; she is busy in the dressing room.” “Is she changing her costume for the next act?” “No; this is an Ibsen play. She is merely making up her mind.” Cornell Widow. Proud of Her. “Your daughter looked very beauti ful at the opera last night,” said Mrs. Oldcastle. “I heard several people say they thought she was the best dressed person in any of the boxes.” “Yes,” replied the hostess, as she bung her $20,000 dog collar over the back of a real Chippendale chair, “both me and Jesiah could see that she was the sinecure of all eyes.” Chicago Record-Herald. Knew He Could Help Her. The Capital City I^ews Depaitment Special to The News. Raleigh, N. C., July 15.—The cor poration commission is about round ing up its work of reassessing all railroad propea-ty in the state for tax ation and it Is understood that there are very material increases over tr.e I asessments in force the past four years. The railroads are said to be complaining strenuously but the cor poration commissioners insist that they have been guided solely by the showings of earnings by the various roads and they are not receding from the assessments fixed. The commission heard today complaints from the At lantic Coast Line as to excessive assessments through Assistant General Counsel Geo. B. Elliott and Tax Agent C. J. Joseph. It is expected that the complete an nouncement of the new assessments of railroads will be made public by the corporation commission very soon now. Those in touch with the progress of the general re-assessment of property, corporate and real the state over under the new 1911 revenue and machinery act declare that under the tax rates fixed by the last legis lature there will be a very large in crease in the revenues of the state, the counties and the towns and that there will be the most ample sort of opportunity and occasion fort the next general assembly to do some consider able cutting of the tax rates all along the line. The last legislature raised materially the school tax rates and some are saying that under the re assessments there is going to be more school money in some of the counties than they will know just what to do with. New local tax districts for improve ment of schools are reported to the state department of education, Norths ampton, Avery and Hertford coun ties. Three just carried in Northamp ton make six in the new year. The one in Avery county is the first for this infant county and is for Montaz- uma. State Insurance Commissioner J. R. Young goes to Asheville next week to address the field club of North Car olina special agents of insurance in session there July 18 and 19. He has just licensed the Standard Fire In surance C., of Hartford, Conn., to do business in this state. A novel case in the police court to day was against W. A. Myatt, prom inent merchant, on the charge of keeping hogs in the city. Mr. Myatt explained that he had purchased the pigs for barbecue purposes and had .them in the city only a few days, hav ing already sent them to the vountry to be converted into barbecue. Jus tice Harris dismised the case. Having coughed up the bullet that has caused his life to hang by a thread since he was shot in the breast JJuIy 5th by Lee Hill, the physicians say now that Jas. Logan will recover. He is in "t. Agnes hospital. He was seized w'ith a severe coughing spell last night that looked like it would be the last of the poor fellow. However, it brought up the bullet from the vicin ity of the lungs where the physician had been unable to reach it. Logan was shot at a negro party at the house of Dolly Hackney. The Hill negro who did the shooting, is still at large. The Spearman Shoe Co., of Greens boro, was chartered today with $250,- 000 capital authorized and $15,000 sub- scirbed by F. G. Spearman, jr., S. E. Shuping and others. There is a char ter also for The Hanover Trust Co., Wilmington, capital $25,000 authorized and $5,000 subscribed by T. C. Cooper, Herbert McClammy and W. H. Smith. The Tomlinson Chair Co., amends its charter by changing $50,000 of pre ferred stock to common stock. The capital is $250,000. One engine was about demolished and another right badly crippled this morning when a Greensboro-Salem Southern freight train with engine No. 862, plunged into engine No. 462 as it was standing on the main line at Boylan bridge. The brakes of the freight could not stop the advance of the train on the down grade with the wet tracks and this caused It to pass into the yard limits without the required stop. The engine that the train struck was backed rapidly on to the turn table some distance back in the yards and there it was "shoved off into the pit several feet deep as complete a wreck as one could well imagine. The freight engine was not very seriously injured. The train blocked the main lines of both the Seaboard and the Southern for a short while. No one was injured. F. W. Bar- ros was engineer in charge of th« freight engine, 862, and J. P. Cour- now was at the throttle in No. 462. Both live at Greensboro. i ypKol»t«rtt4 There’s a wish in the hc^irt of every newly married young couple, that wish is for a home of their own. Perhaps you wish and don’t know where to have your wish gratified. Well then, if that’s the case just come right down to the Parker- Gardner Co. store. Your every home wish will be easily and quickly gratified for this store has everything—goods, prices and terms of pay ment with which to do it. Are you intending today to. have your wish gratified ? Bed Room Suits, Parlor Suits, Dining Room Suits, Furniture for the Hall, Library and Every Room in the House. We can and will furnish your home completely and artisti^:ally if you will only let us help you. Come today and see us. PARKER - GARDNER COMPANY The Nortn CaroTlna College of Agriculture and Mechanic Arts The State’s Industrial College. Four*year courses In Agriculture; in Civil, Electrical, and Mechanical Engineering; in Industrial Chemistry; in Cotton Manuracturing and Dyeing. Two-year courses In Mechanic Arts and in Textile Art. One-year course in Agriculture. These courses are both practical and scientific. Examinations for admission are held at all county seats on July 13. For Catalog address THE REGISTRAR, 21-25t West Raleigh, N. C. HOTELS There are some nice folks who are so anxious to talk good .grammar they don’t talk good sense.—Galveston News. Fussy Lady Patient—I was suffering so much, doctor, that I wanted to die. Doctor—You did right to call me in, dear lady.—London Opinion. Reverend Gude—The question Is, brethren, how shall we send selvation to the Fiji Islanders? Deacon Tightwadde—Though I am not intimately acquainted with the Love turns men into women, women Into men.—Mira de Mescua, * Spend Your Vacation at Buckroe Beach “The Summer Capitol of Happy Land," Swept by cool sea breezes—the most comfortable spot on the At lantic coast! BOATING, BATHING; FISHING, MUSIC and dancing Buckroe Beach Hotel offers every convenience for guests. Write to day for rates. J. V. BICKFORD, Mgr. Hotel Buford Charlotte, N. C. European Plan Rooms, without bath, 75c, $1.00 per day. Rooms, with bath, $1.50 per day. C. E. Hooper & Co., Proprietors. C. F. Dodge, Mgr, Schools and Colleges WE NEED more young people for office positions. Our success is attributable to the { success of our graduates—the success of our graduates, to superior instruo* tion. BUY A LIFE SCHOLARSHIP FOR $36 NOW—enter anytime. Ik fli ii.a Summer Resorts THE SELWYN HOTEL EUROPEAN Rooms $1.50 Per Day and Up. Rooms with Private Bath $2.00 Pec Day and Up. CAFE OPEN UNTIL MIDNIGHT 160 Elegant Rooms. 75 Private Baths. Ix)cated In the heart of Char* lotte, convenient to railroad station, street cars and the busl* ness and shopping centre. Cater to hlgh-clasa commercial end tourist trade. Pure Water from our Artesian Well, 303 1-2 feet deep, for sale. Be gallon at Hotel. 10c gallon in 5-gallon lots. Delivered In Charlotte or at R. R. Station. EDGAR B. MOORE, Proprietor. These tini CAPSULES ar^ superior to Balsam of Copalbai Cubebsorinjeotionsfana RELIEVES In 24 HOURS the same diseases with* out inconvenience. . ^ Snid Irvoaifft. Davis Wiiite Sulpiiur Springs The popular resort in Piedmont region No better place for health, rest and pleasure. Crowded with the best people each season since opened 1906. Not too high 1100 ft.) pleasant days and nights. No mosquitoes. Unsurpassed mineral water. Resident physician. Room for 200 guests. Sewerage, baths, electric lights. Splendid fare and service. High^claa* orchestra of four. Bowling, skating, tennis, boating, bathing, shooting, fishing, merry-go- round, riding driving etc. Telegraph connection at Statesville. Bell phone in hotel. Our hacks meet both through trains from Charlotte at Hiddentite one and one-half miles from hotel. Special low rates for June and September, $6 to $8 per week; July and August, $8 to $10 per week. Open June 1st to October 1st, 1911. Write for booklet to DAVIS BROS., Owners and Proprietors HIDDENITE, N. C. ' A Wonderful Store for the person of moderate meanti to find just the piece of Furniture they, want at a price commensurate with quality. Hundreds of people are mak ing this store their headquarters for everything needed in the home and they are satisfied because they find Just what we claim in every piece they buy here. Try tis with your next purchase and see how much you save. We know Furniture of quality and we know when the price la right, and never before have we shown such ex cellent values. Lubin Furniture Company

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view