Construction Beginning on New Yarn Mills at Helmont, Jan. 27, 1923

Two Fine Yarn Mills Are to be Built at Helmont This Spring

By Associated Press

Gastonia, Jan. 27—Officers of the Stowe Spinning company and of the Eagle yarn mills, at Belmont, announced today that construction of these mills, which were organized three years ago, would be started this spring and summer.

Both mills will manufacture fine yarns.

The Stowe Spinning company, which has an authorized capital stock of $1 million, will have 22,000 spindles and the Eagle mills, capitalized at $500,000, will have 10,000 spindles.

From the front page of the Salisbury Evening Post, Jan. 27, 1923