Charlotte, Aug. 28—The textile manufacturing is sharply curtailed, with no indication seen of improvement within the near future, according to a survey of the opinion of executives in textile mills in this section. These mills have been feeling the depression experienced by the cotton goods business during the past 12 months.
There is no sign of a revival of business, in the opinion of E.C. Dwelle, vice president and assistant treasurer of the Chadwick Hoskins Company. This company operates the Chadwick-Hoskins, Louise, and Calvine Mills in this city, the Dover Mill at Pineville, and the Martinsville Mill at Martinsville, Va.
This chain is operating on a five-day schedule each week, being closed one day in the power conservation program. The mills are operating only on a daylight schedule, as the demand for cloth is being met easily by such an effort, it was explained.
The Highland Park group of four mills, which until two weeks ago, operated on a part-time basis, have been closed because of depression. J. Leak Spencer, secretary-treasurer, stated that these mills have been closed indefinitely. Operation will be resumed when business justifies it, he added.
This groups is composed of Highland Park Mills Nos. 1 and 3 in Charlotte, No. 2 in Rock Hill, S.C., and the Anchor Mill in Huntersville.
From the front page of the Concord Daily Tribune, Saturday, Aug. 29, 1925. While cotton mills curtailed operations, silk mills were opening, reflecting a shift in consumer demand.
newspapers.digitalnc.org/lccn/sn92073201/1925-08-29/ed-1/seq-1/
No comments:
Post a Comment