v 1 J if J I ! i OCORfl: N. 0. WEDNESDAY. APRIL 9 1952. Psice: $4.00 per year.- Single copy 5 cents. W MM HfJ Fr 1 a 'I )UIl'S A LNDLSTIUAL ( STATE. (iiowth of Manufacturing in "ortu Carolina- IUsulis Surpass the Champion Slat s. We clip the following from the report of Mr. T M Robert sou, Department of Labor, Washington, D. 3., of April 4 found in the News and Observer of the 8th. The whole article is without a dry line but we can avail ourselfves of only a part. Mr. Robertson says: "The best evidence of the in dustrial possibilities of tforth Carolina is found in the progress made'during the past few years. According to the reports of the Twelfth Census there was more capital employed in one single industry in 1000 than there was in all the industries in the Stato in 1800. Ten counties now have more money invested in manu facturing enterprises than the entire State had ten years ago. The value of products in the two indnslries of cotton manu facturing and lumber is now greater thantbaccf all tho man ufactured products of the State in 1890. From 1890 to 1000 tho capital invested in manufactur ing increased nearly 134 per cent, and the value of manufac tured products increased 13 5 per cent. COTTON MANUFACTURING. It will be interesting to note somewhat in detail a few of those industries in which the most notable progress has been made. First in importance on acoount of its magnitude and also on acco.unt of tho oppor tunity it offers for profitable investment is that of cotton manufacturing. In 1800 there were ninety-one cotton mills in the State with a capital of about ten and three-quarter millions of dollars, while in 1900 there were 177 mills with a capital of $33,011,510. Tho value of the.cotton mill products in 1890 was $9,563,443, and in 1900 it was $28,372,798. These mills in 1900 employed more than 30,000 people and paid them more.than $3,000,000 in wages. In 1900 the cotton mills con sumed cotton to the value more than $15,000,000, or about 400,- 000 bates, which was practically all the cotton grown in tlie State that y.ear. FURNITURE FACTORIES. Perhaps the most remarkably Showing made imany industry is in that of furniture manufactur ing.. In 1800 th'e were six little factories wUh' a capital of $120,850, and the toil value of tneir produv'-a v.s !.0.0u). i- i 1000 there w-e for 1' ur fac'iies with a capital 023,37! mvl their prof. c were valucJ at '1,457,C05 n n 1;: jica years! V bile the industry is yet comparatively smalj, yet this remarkable growth proves con clusively that success is assured to the enterprising investor who embarks in the business. The productive power of capital is one of the first things to determine in the selection of a locality for manufacturing pur poses.' To show what capital can accomplish in North Caro lina in two of the most promis ing industries the following facts are submitted: Each $100 invested ia the manufacture of cotton goods in the United States in 1900 yielded a product valued at a little more than $72. In Rhode Island it yielded $04 in Massachusetts it yielded slightly less lhan $71, while in North Carolina it yielded $80. That is to say, that in North Carolina capital in vested in this industry afforded a basis for prof t from 15 to 23 per cent greater than it did in tho other States mentioned. Or to express it in a more practical way, $100 invested in this in dustry in North Carolina is equivalent to an investment of $121 in Massachusetts and to $131 in Rhode Island. These figures bear only upon tho re lation of capital to product, and when cheapness of building, the earning power of a dollar when invested in labor, and the items of taxes and general expenses are cosidered thev become even more sfgnigcant. Similar comparisons with Michigan for the furniture in dustsry afford even a greater contrast in favor of North Caro lina. Each $100 invested in tho manufacture of furniture in the State- of Michigan in 1900 yielded a U product valued at $105, while in North Carolina it yielded $151 a difference of 46 per cent in favor of North Carolina. 'Or to use the other method of comparison, $100 invested in this industry in ; North Carolina was equivalent to an investment of nearly $144 in Michigan. In Michigan nearly 24 per cent of the invested capital for this industry was re quired to provide the necessary and buUdin gs, while in North Carolina only 17 per cent of capital was thus required. Finding tiKl Gold. Mr. G S Surratt will leave next week for Davidson bounty, where he.w'il begin thoTlevelop ment of a gold mining property on hisrother's larl. The sur face examination of the property has shown a high grade of gold ore and Mr, Surra and his brother wilUbegin 'working tho property on a larger sca!$ r:xt IJJIl TIIL 1) WIS iYlOSUMEYf. f'omn I1 TT- n V Ul-ml MA I.. Erecting a Suitable Monument to the Confederacy and Its Only President. At the called meeting of Camp No. 212 U. C. V., on Saturday, me oui, mo wjutKnj a3 a- stgned the duty of reading a let, tor and of acting in its response. mi , , , . The letter was from the presi dent of the Jefferson Davis Mon - umeutai Association. It is a' touching appeal, includiug force-1 ful words horn Gen. Jno. BGor- don. "We give the two closing para graphs as follows: "Let us honor ourselves; let us honor our dead on field, in prison or in peace; let us honor Jefferson Davis in one word, let us lienor the Southern Con federacy, by an out pouring of .. -i , , . . . our silver and gold to raise this monument in l'JUo. "With tears for ihosc who aro gone; with pride in nil living and j Ihys' Waists. dead; with tender wishes for Ready U) wo;u, whUo Waist.s, every Confederate soldier on pleated fronts, lition collar, pat- . , P i . cut waist band, a 05c value, ago this earth and prayers for his!.. 1t ' ' appearing at the last great In- spoction in Christian armor proof I am yours in unceasing rover encc, Nellie Jiatchkiss McCollough, (Mrs. S Thomas McCollough) Stanton, Va., Jan., 15, 1902." The Camp has no funus from which it could spare any sum worth noting. Contributions must come from individuals and wo hope enough voterans will respond with liberal and choor ful sums that will he creditable to the Veterans of Cabarrus. Wo have tho following res ponses: M C W alter H B Parks SLPartiow J D-Barrier, (paid) D A Caldwell (paid) J C Thompson $1.00 1.00 1.00 1.00 1.00 1.00 Wo hope Veterans will make no delay, but send in their names and sums at once. RATAL TAR HEELS IN DANGER. Had to Hail nt Water Jto Saye Them .selves 0 IT Chariest ju Harbor. The Cruiser Uornet with 125 ( naval reserves from our coast) cities, encountered a severe galcj as it neared Charleston and was in great danger. The pumps got out of order and tha vessel was tilling. All hands had to set to the work of bailing out the water. The vessel got into port at 8 o'clock Tuesday even4 ing with all safe but very tired. Notes from the Orpin. Organ Church, April 7. Mr. and Mrs; A V K'utts are taking in the Charleston Exposition this k WC? ' . , v , Our rural free delivery route is in operation and, while it does not suit every one, the majority of tho people are well pleased "ItUi hi HM e want you to urine: q Depai4mont.and ct U8 show you 1()W completely, yet t n . n . , fiow economically and satis fcactory, we can fit them out.. . ()t 0nl Wltl bl,lts an(1 1 ailts' bllt blilrts, Collars,, Neckwear, Hats, Shoes, Hosiery and every article of boys haberdasheiy. We want you to see the superb selections we have made the high art of workmanship combined with style and quality at the reasonable price We've some specialties that are worthy of your quick consideration. Boy's Suits. at 2A8, eo.OOup to &00 Knee Pants Offering. Do you want tho best wearing ...... i i ." inn is, uouuio Klines -unu ,i;aih, , Q 1(.yeavSi at a ro.,somvbi0 .price then see what wo show at ftOr, j 4 to ll years, 50c Extra Value in Knee Pants I3ovs' Molo Skin washable pants in dark colors, ago 0 to M, instead of 25 cents they are marked 15c sr. . s is ..WW Bell & Harris. Furniture Go's the place to buy your Refrigerators, Lawn Swings Hammocks, Settees or any old thing you may need for poarch or lawn. Furniture and House Furnishings of every description. We are strictly in it and if t you need anything in our line and fail to see us you -loose money. Come and see. Installment plan a'SPEGI ALT Y. Bell & Harris Concord - National Bank Has paid $54,000 in dividends since it opened floors in July, 1888. Its surplus and undivided fund is $L7.0C0. The losses from bad loans --n its entire history arc- ':i"M). ii has nevor sued any one or been sued. j Its officers are : J M Odell, j president; 1J B Coltruno, cashier; I L D Coltrane, assistant cashier; T , . nr MU J M Uendrix, bookKeeiici . ( Board of Dircctors.y u Lilly, T Qdell, Jno. P Allison, J S ; Harris, Elam King J M Oucll your uovs Jieretc our Ju ven- 25c. Waists for JTvc. dozen boys w'll t) -ulo v. , ,.ts or Just for a liycr bodies, valuo 2" Lr)o : n y i ' .1 ou j tho best 25c bo ! market. It cos!; j vr.v ' ou ilia u l.oi i.ing to 1; patterns, 4 f v-tie and see. 1), 11 years, Juvenile Shirts in bright colors of l-Yrcal, sizes 12 to 11, none baiter for the pi ice So I T nts. Large selection of boys' hats in fur and straw v' 25c, 50 cents sinrl VKn "Ilrl- lk Furniture Co. ITime . it and t t Title i wait for no man. YOU .lon't n( (l to h:. v ;r:v bo'..!v W A lT f r y.-n 's -.i y. ' viury C()1U;J: . W:-.!('L('.-, . 3 -"I -4 -1 a i - 01 1 iIMu Satisburt Sua, ! With it. B. : and U ii Uoitrr.no af i.c:u'l I: u-;; i. tcuM 4

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