Page:The Granite Monthly Volume 1.djvu/37

 MAmJFACTURING AT MANCHESTER.

��29

��Steam power, only auxiliary, 1 Corliss

Engine, H. P. 800

Monthly ray-Roll, $85,000 in Mills.

Total $120,000

Payment up to last Saturday in each month. Pay-Day middle of second week following.

THE STARK MILLS.

This Company was incorporated in 1838. The Company manufac- tures Sheetings, Drillings, Cotton Duck, Seamless Bags and Linen Goods. The following are addition- statistics :

Capital Stock in 1250 shares $1,250,000

Number of Mills 2

Number of Cotton Spindles 45,000

Number of Flax Spindles 1,600

Number of Looms 1,400

Number of Females employed 900

Number of Males employed 300 Pounds Flax and Tow consumed per

week 11.000

Pounds Cotton consumed per week 130,000

Pounds Cloth made per week 115,000

Yards Cloth made per week 238,000

Cords Wood used per annum 3,500

Gallons Oil used per annum 6,000

Pounds Starch used per annum 140,000

Drugs used per annum $1,000 Water-wheels used 9 Turbines

Monthly Pay Roll $27,000

Payment up to the last Saturday in each month.

Pay Day, Wed nesday following.

William Amory was also Treas- urer of this Company from the time of its organization. He resigned in

1815 and was succeeded by Edmund Dwight of Boston. Phineas Ad- ams has held the office of Agent for about 25 years. D. C. Gould is Paymaster. The average divi- dends have been 10 per cent, on the stock.

THE MANCHESTER MILLS.

This enterprise was originally in- corporated in 1839 by the name of the Merrimack Mills. In 1849, its name was changed to the Manches- ter Print Works and in 1852, its cap- ital was increased to $1,800,000.

��finally the whole property was sold to pay the debts and a new company which was incorporated with a capi- tal of $2, 000, 000, purchased the prop- erty and commenced great improve- ments. The business is now quite prosperous as the stock sella for $137 ; the par value being $100 per share. The Company manufactures plain and fancy Worsted Goods and Prints. John C. Palfrey of Boston is Treasurer. J. C. Dean is Super- intendent of Printing Department. Joseph Snow is Superintendent of Manufacturing Department. J. S. Shannon Paymaster of Manufactur- ing Department. Andrew Baker is the Paymaster of the Printing De- partment.

STATISTICS.

Capital Stock $2,000,000

Number of Mills G

Number of Printeries 1

Number of Cotton Spindles 75,000

Number of Worsted Spindles 15,000

Number of Printing Machines 15

Number of females employed 1,860

Number of Males employed 1,140

Pounds Wool consumed per week 35,000

Pounds Cotton consumed per week 80,000

Yards Cloth made per week 550,000

Yards Cloth Printed per week 1,000,000

Yards dyed per annum 12,500,000

Yards Printed per annum 40,000,000

Tons Coal used per annum 15,000

Cords Wood used per annum 1,000

Gallons Oil vised per annum 13,000

Pounds Starch used per annum 125,000

Drags used per annum $500,000 Water-wheels used— 3 eight ft., 1 four ft.

1 seven foot

Aggregate H. P. 2,000

Monthly Pay Roll $95,000

Payment up to the last Saturday in each month

Pay Day, Thursday following.

Print'g Dept. Pay Day: third day in each month.

LANGD0N MILLS.

This Company was incorporated in 1857 and commenced operation in I860: The success of the Company

��During the war and a few years sue- for several years during and succeed- ceeding, this Company was very sue- ing the war was very remarkable, cessful and very high dividends were About the year 1865 an annual divi-

��paid. The stock which was divided into shares of $1000 each, was sold for upwards of $2,000 per share. But in a year or two later, misfor- tunes overtook the Company, until

��dend of 50 per cent, upon the capi- tal stock was paid. For some time past the business is much depressed and no dividend has been paid to the stockholders for the past year.

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