▁in ability ▁of ▁Cole man ▁to ▁raise ▁the ▁necessary ▁amount ▁of ▁c ash ▁at ▁that ▁time . ▁ ▁Building ▁finished ▁( 1 9 0 1 ) ▁▁ ▁The ▁mill ▁building ▁was ▁finally ▁completed ▁in ▁ 1 9 0 1 . ▁In ▁July ▁of ▁that ▁year , ▁Cole man ▁informed ▁invest or ▁Washington ▁Duke ▁of ▁Dur ham ▁that ▁the ▁mill ▁was ▁operating ▁successfully . ▁Black ▁workers ▁were ▁h ired ▁and ▁had ▁the ▁chance ▁to ▁learn ▁industrial ▁skills . ▁But ▁the ▁mill ▁soon ▁began ▁to ▁have ▁financial ▁problems , ▁mostly ▁due ▁to ▁the ▁high ▁price ▁of ▁cot ton , ▁which ▁reduced ▁prof its ▁for ▁all ▁manufact ur ers . ▁In ▁ 1 9 0 2 ▁its ▁operations ▁were ▁tempor arily ▁shut ▁down . ▁ ▁Mill ▁closure ▁( 1 9 0 4 ) ▁▁ ▁In ▁ 1 9 0 4 , ▁the ▁company ▁was ▁unable ▁to ▁remain ▁af loat ▁finan cially , ▁and ▁was ▁affected ▁by ▁the ▁loss ▁of ▁leadership ▁when ▁Cole man ▁died . ▁Main ly ▁due ▁to ▁these ▁problems , ▁the ▁company ▁officers ▁advert ised ▁the ▁mill ▁for ▁sale ▁in ▁July ▁ 1 9 0 4 . ▁It ▁was ▁purchased ▁by ▁Washington ▁Duke ▁of ▁Dur ham ▁for ▁$ 1 0 , 0 0 0 ▁at ▁the ▁" sh er iff ' s ▁sale ." ▁Duke ▁sold ▁the ▁property ▁in ▁ 1 9 0 6 ▁for ▁$ 1 3 , 0 0 0 . ▁ ▁Mill ▁structure ▁today ▁▁ ▁The ▁original ▁mill ▁structure ▁was ▁integrated ▁into ▁Field c rest ▁C annon ▁Plant ▁# 9 ,