Convention of North Carolina manufacturers.
The manufacturers of the State of North Carolina
held a convention at Greensboro
', on Wednesday, December 3, which was presided over by C. P. Mendenhall
of the Union Manufacturing Company
The Convention was attended by representatives of all the manufacturing establishments in the State
, and was addressed by Gov. Vance
The committee appointed to draft resolutions submitted, through their chairman, the following, which were agreed to:
That we will sell all the products of our several mills at a profit not exceeding 75 percent. and, further, that we give the orders of the State
That we will use our best endeavors to discourage speculation in factory fabrics, and to secure this end we will sell in quantities to such agents only as will prevent them reaching the hands of speculators.
That we believe the following prices are in conformity at present with the Exemption Act
, to wit; 4 4 sheetings, 35 cents per yard; cotton yard, No. 5's to 7's, at $3 52 per bunch of 5 lbs; No. 5's to 10's at $3 50; No. 11's to 12's at $3,75