Newspaper Page Text
SUPPLEMENT.
SUCCESS.
..Judged by the world’s inflexible rule—
success manufacturing at the South
stands a solved- problem. Along with
other effete, old foppish notions, the idea
that we must be solely an agricultural peo
ple, has found its fate in oblivion. Diver
sity of industry is demanded by progress,
and with the dawn of the new era in the
South this idea has taken deepj root
and ’ flourished. The great lessons
learned by the late terrible convul
sions of Finance, were not dearly
paid for, if the reforms demanded
• are but promptly made. Investments in
slaves being no longer possible, purchases
of lands being no longer profitable, and
the great railroad bubble having fairly
bursted, our people naturally and wisely
have turned their attention to investments
in improvements and manufactories. In
no place under the br.ght canopy of heav
en have such remarkable inducements
been offered to practical cotton and wool
manufactories as here in Georgia. Our
people have seen this, and the remarkable
increase in capital so invested has been
marked and vigorous for the lust few
years. It is a matter of pride to us as
citizens of Georgia to know this, but still
m ire do we rejoice to know that Colum
bus leads in this great work.
Mr. Edward DeLeon in “Harpers” for
February pays many glowing tributes to
Columbus and her wonderful recuperation
snd in none does he do more justice, and
accord more merited praise, than when he
declares the Eagle A Phenix the repre
sentative Mills of the South. We have
watched with no ordinary interest the
growth of this successful corporation.
The Annual Report of this company to be
found in another column, speaks volumes
• for the ability and fidelity of its man
agement. Passing through a financial
storm of gigantic proportions, it has
borne itself out unscathed, and with a *e-
• cord of strength and success which stamps
it simply a giant. Bringing 2500 useful
citizens to swell our population, paying
out $1200.000 annually for labor, this in
stitution plays no second part in the econ
omy of the city, and we view- its success,
therefore, with the greater pleasure.
With an acumen worthy of its officers,
this company opened, less than a year
since, a department which, while it can
but prove remunerative to the corpora
tion, must be a power for great good to
the masses. We allude to the Savings
Department. Economy is the handmaid
of wealth, aud when we become a pec pie
of economists we become a nation of
' wealth. In no country is this so fully il
lustrated as in France. There the people
are saving, and hence La Belle France
scarcely feels the milliards of francs
wrung from her by her conquerors. Amer
icans are proverbial for wasteful habits,
for improvdenoe and carelessness as re
gards the future.
Already, scarcely ten months since its
organization, the Eagle & Phenix Savings
Departmenthas 378 accounts. Such a re
cord speaks the confidence the people
have in it, and we chronicle the circum
stance with pleasure and pride. Compound
interest showers wealth in the laps of its
- votar.es. aud the accumulations of steady
’•BBH’c. pidity? Confidence having been
wIRio long abused, it is a matter of congratu
lation that our people have an opportuni
ty to place their earnings in a Savings
Institution which has sl2 in assets for
every dollar of its liabilities, and has such
ample, tangible property as to forever
preclude the disasters entailed by default
ing cashiers and inconvertible securities.
The remarkable success which attended
the operations of such cotton mills as the
Eagle & Phenix, Graniteville, Langley
aud Augusta, will certainly and surely
attract brains and capital to the South.
It is useless to argue against facts and
figures, two stubborn things. In com
m <n with all progressive men we stand
ready to we.come all new coiners—the
maikets aie large enough for them all.
Finally, we commend for careful peru
sal the annual report of the President oi
the Eigle A Phenix Manufacturing Com
pany to be found in another column, and
Can safely say it is a splendidly written
-public document, replete with records oi
success, If our country was filled with
men half as “live” and earnest as those
manrging these mills, regrets would
s be an echo of the past, and distress and
poverty shadows unseen.
—wt
THOMAS GILBERT SOME EACTS THAT
SHOULD BE CONSIDERED.
The Southern people should awake to
the importance of purchasing all they run
in the South. There are many reasons
therefor, but those most patent are that
it gives employment to skilled labor, and
keeps money in circulation in our section.
The North furnishes no better work than
the South, and her prices are not lower.
Even, if they were, every dollar sent there
is taking so much from the earnings of
the South, while every cent that remains
here increases that far the wealth of the
section. While helping home institutions
you are advancing your own business.
Merchants especially, should remember
these plain facts. In this spirit we call
attention to the advertisement of the
printing office and book-bindery of Thos.
Gilbert. The establishment is one of the
most complete and thorough in the whole
country. Having the very best workmen
and material, every variety of type, pa
per, and presses, all all can rest assured
that their orders will be executed prompt
lx, and in the most finished style. The
advantage to the people in this section is
that they can see that what they want is
completed in just'the style they wish.
Mr. Gilbert, the proprietor, late one of
the owners of the Sun newspaper, is a
thorough printer of long practical expe
rience, possessed of fine taste, and is an
accommodating gentleman. The work
sent out from his office is the best evi
dence of what the establishment can and
is doing. It cannot be surpassed. The
location is in the former Sun building.
At this place can be found Georgia and
Alabama Deeds, Blanks, Ac.
IVEY & CO., FAMILY GROCERS.
Ibis firm has a large assortment of
first-class groceries, which they sell on
most reasonable terms. Their store is
quite a popular one with families, for
they know they find nothing there that is
not exactly suited to their wants. Try
them.
BUSINESS-
THORNTON & AOEE, CLOTHIERS.
This house is located at No. 78 on the
east side of Broad street. The senior
pirtner has a practical experience of
twenty years iu the clothing trade, has
lived more than that period in Columbus,
and is conversant with the trade in all its
details and the wants of this section, and
has the taste and nerve to keep pace with
the requirements of the age. The firm
has ample capital, and is determined to
miike a departure from the beaten tract
and insure good fitting and well made
clothing. They now take careful meas
ures of all customers who visit the estab
lishment, and have made arrangements
with Northern manufacturers to make to
on'er their stock of clothing. They are
en ibled by this mode to supply all with
fresh new goods, cut and made in the
best style of the art. They believe that
ten to fifteen per cent, made four times a
year on cash sales is better than fifty to
seventy five per cent, profit from credit
dealers. They buy their goods for cash,
and save six to ten per cent., which en
ables them to offer gre.it inducements to
the trade. They have now in store an
extensive line of elegant spring and sum
mer samples, to which they invite the
attention of the public. They are among
the most courteous of gentlemen, and
have attentive employees who delight in
serving all who call. Throughout the
em ire season they will be continually re
ceiving additions of new goods, and will,
at all times, have new and fresh goods,
embracing everything that men, youths
and children may require, for sale at the
lowest cash prices. Boys’ and childrens’
clothing are made a specialty.
BALTIMORE CLOTHING HOUSE — HOFFLIN,
BIOH A CO.
This establishment was opened in Co
lumbus in the Fall of 1870, at once ac
quired the palm of excellence, and has
enjoyed ever since a popular reputation
and large patronage. The manufactory
is located in Baltimore and has branches
in several Southern cities. The quality
and quantity and cheapness of their goods
cannot be surpassed; for the manufactory
is one of the largest and most complete
on the continent. The Columbus house
keeps a tine stock of choice black dress
suits, diagonal and worsted and business
suits, and others of all styles and grades.
The firm has also a complete stock of
clothing for men, youths and boys, and
very handsome styles of the most elegant
furnishing goods. Having first class
tailors they guarantee garments of any
desired style and perfect fits. They also
insure to sell to country merchants as
cheaply as they can buy North with
freight added. The house guarantees ev
erything to be just as represented. Every
member of the firm and employee hae
had a large experience in their lines ol
trade, and know’ perfectly what they
mean, and intend to do it, when they
make guarantees. Country merchants
and buyers generally should call and ex
amine their stock. It affords all pleasure
to show their goods, no matter whethei
you buy or not. Their stock is a superb
one, and they keep it constantly supplied
with standard articles and the very latest
styles and modes. Their prices cannot
be surpassed in point of cheapness.
T. E. BLANCHARD
■Mfe? our
and energetic of the young merchants
wto have risen by their own energies
since the war. Last fall he advertised hit
immense stock of dry goods at cost foi
cash, and the large quantities sold have
been more than made up by the snperioi
stock of spring goods on hand and daily
arriving. Captain Blanchard believes in
the adage of keeping the ready penny
moving, and he will continue till better
times to sell at the rates and terms which
ne has been offering during the winter.
His store is one of the finest dry goods
Houses in the city in light, spaciousness
and location. He has a full corps of
competent assistants, and never considers
it a trouble to show goods. Onr city
should be proud of such young men, for
their success is hers.
THE VIRGINIA STORE —PEYTON, GORDON AcO.
Virginia gave birth to a Washington
and a Lee, but her greatest triumph for
Columbus, was giving her the Virginii
Store, of which Peyton, Gordon & Co.,
are proprietors. They are among the
most courteous and able of our dry goods
merchants. They have one of the largest
establishments in the city and|have it tilled
with an extensive stock of staple and fan
cy goods, notions and every novelty that
human brain over thought of or inven
ted. They have now splendid Win
ter and Spring goods which they are
selling at the very lowest figures. If any
one does not believe this, the proprietor
will give ocular demonstration of the fact
to all who will call at the store. At whole
sale, they offer inducements which cannot
be surpassed even in New York. They
also make a specialty of furnishing goods
and are enabled to furnish gentlemen with
elegantly fitting clothing of the latest
styles and modes. Call at the store, and
you will be convinced in the most de
lightful and gratifying manner. Read
their advertisement and be certain to call.
JOSEPH A BROTHER.
These well known merchants decided
last fall to quit the dry goods business,
and they led in the announcement that
they would sell their superior stock at
cost for cash. This they have adhered to,
and their sales have been heavy to coun
try merchants and ail desiring superior
goods cheap. Joseph A Brother are
too shrewd as merchants to let their
stock dwindle so that their store would
not be attractive, though the supply of
superior clothing is still very large. In or
der to float the goods on hand they have
added to their stock a supply of Spring
goods, of excellent quality, which they
are offering at prices that defy competi
tion. They are retailing Columbus and
Northern goods at wholesale prices. This
can be seen by any on© giving them a
call.
WATOHEB AND JEWELRY.
T. 8. Spear, agent, at 99 Broad Street,
Columbus, is well known in his line of bu
siness, and at his store can be found as
cheap as in New York or Philadelphia a
fine assortment of gold watches, jewelry,
and diamond spectacles are made a spe
cialty, and skilled workmen are ready to
repair or engrave. Mr. Spear has in ad
dition to his other duties the agency of
the Singer Sewing Machine.
W. H. BOBARTS A CO—STOVE DEALER'S.
The young men that compose this es
tablishment are thorough workmen in all c
that pertains to the tin, sheet iron, cop (
per aud other departments of this charac- I
ter. They believe in doing every thing I
they undertake iu the most satisfactory c
manner, and what they do lasts. They I
are also sole agents for Filly’s celebrated 1
charter Oak Stoves. They have been so I
generally used in this section that praise I
of their properties is unnecessary. In ad- J
dition this firm has crockery, house fur- e
nishing goods and other articles kept in a c
first class establishment of the kind, i
Energy aud perseverance constitute their t
mottoes. Their trade has been widely e
extended and they are bound to succeed, j
Their store is No. 109 Broad street, t
Parties visiting Columbus should not fail 1
to give them a call as they guarantee sat- 1
isfaction in every particular. j
HOTELS.
Among the most pleasant recollections <
of Columbus, which every visitor long t
cherishes, is the fare and attention found
at the Rankin House, of which Mr. J. W. 1
Ryan is proprietor, and Mr. Frank Golden <
clerk. This fine establishment wus erect
ed about the year 1858, but has since been
enlarged aud improved. It opened most
auspiciously under the management of
Mr. Hatch Cook, who had acquired much
reputation as a landlord at Eufaula and
other places, and who came to Columbus
for the purpose of taking this house, then
known as Cook’s Hotel. The owner of
the building, Mr. James Rankin, has kept
pace with the enterprise of his lessees,
by adding new accommodations and at
tractions to the establishment almost
every year, until it is now as complete a
hotel as any in the South. It has most
commodious and conveniently’ arranged
dining rooms, a supejp ball room, rooms
for parties of any size, a fine skating rink,
bath rooms, an elegant saloon, barber
shops, and every other convenience en
joyed by the best of the “model" hotels.
The success of the present managers in
pleasing and ministering to the comfort
of every guest is proverbial. Their house,
table, care and taste “fill the bill” and
leave nothing to be desired in the way of
acceptable hotel accommodations,
BOOK STORES.
Columbus has two, and they are a credit
to the city. Their shelves and cases are
well filled with works of standard litera
ture, school books, music, romance, &0., ;
and they can supply any demand for ron- |
sical instruments and stationery.
Messrs. J. W. Pease A Norman are the 1
present firm owning the establishment
with whi h Mr. Pease has for so long a
time.been connected. This house has for
many years supplied the country around •
with books end stationery, aud we pro- I
sumo hardly a house eau be found withiu
a radius of twenty-five or thirty miles
aronud Columbus where some work from
Pease's book store cannot be found. The
support so long given to it is creditable
to the people of Columbus and the
surrounding country as a reading com-
, mucity.
Mr. W. J. Chaffin, too, has much ex
perience in this branch of business, and i
his store is oue that delights a lover of .
, books. He is diligent and enterprising i
in securing the earliest supplies of all the ■
late literary publications, music, Ac., aud ;
is unremitting in his efforts to supply and ;
.niaase.'f II who want ai>vthjr<J jn his line. I
We hope fnat our friends of the coun- i
. try will bear in mind that they need not
t send North or anywhere else for any pub
t lication that may ba desired, but an order
sent to either of our book stores will be
promptly filled, either directly from the
shelves or by obtaining what is desired
from the publishers. The same may be
said of musical instruments, pictures,
stationery, material for home amuse
ments, Ac.
H. F. ABELL A CO.
If this house did not succeed it would
not be because their location is not good,
for it is certainly the very best in the
city, situated at the northeast corner of
Broad and St. Clair street, it is accessible
to ail. But location would be nothing if
these grocers and commission men did
not keep up their supply of unsurpassed
goods and at the same time attend strict
ly to their business. This house has won
a name for its family groceries,
which are delivered to customers with
out charge for transportation in the
city. Everything in season can be found
at Abell A Co. s, and the standard groce
ries, foreign and domestic, are always on
hand. The supply of liquors for family
and medicinal use is the best. Mr. Abell,
the senior, is one of our best and most
reliable citizens, and Mr. Charles Hocb
strasser, his partner, is a young man who
has won position, as we trust be may
wealth,by his strict adherence to business
and his manly upright dealing.
B. B. GOETCHIUS A CO.
These gentlemen are at the head of an
enterprise that reflects the greatest credit
on our city and proves her capacity and
ability to become a great manufacturing
centre. Messrs. Goetchius A Co. have a
large planing mill, run by steam and sup
plied with all modern machinery
for turning out sashes, doors, blinds, and
all the parts of a house after the walls are
up. Appreciating the tightness of money,
they are working at low prices to keep
their men employed, and our citizens who
contemplate building or remodling, will
never have a better opportunity to do it
cheap. Mr. Goetchius is one of our old
est and most honored citizens. ,
THE CHATTAHOOCHEE NATIONAL BANK.
This is the only National Bank in Col- I
umbus, and one of the best and safest ;
banking institutions in the land. It i
owns perhaps the handsomest and most i
convenient building in the State. The <
Directors are among the most substantial <
business men in the State. Their wisdom |
and able management was clearily evinc- j
ed in the late panic, when institutions ]
were tumbling all over the country, this j
bank did not even suspend. It is as- |
firmed by men who have years of expe
rience. The stock is way above par.
This proves their ability more than all
the promises in the language. s
BRADFORD A SNOW.
We have always maintained that our £
citizens made a mistake in having their r
work done abroad. In sign painting we j
stand second to no city, and prominent r
in this branch of painting are Bradford A
Snow. These gentlemen also mod tract to a
do in the highest style of art all honse
and ornamental painting, in addition to g
painting and glazing. Encourage your I
own workmen. h
DB. HOOD <V BRO., DRUGGISTS.
These gentlemen not only deal in drugs,
chemicals and seeds, but they are also the
proprietors and manufacturers of Dr.
Hood’s Eureka Liver Medicine, one of the
best medicines for biliousness, dyspepsia,
colic, constipation, jaundice, general de
bility. headache, palpitation andchils and
fever, that has been discovered. Doctor
Hood, the discoverer of this remedy, has
been a medical practitioner for thirty
years, and he claims this mediciue as a
specific in all cases of liver disease. He
calls his medicine the “Eureka,” which if
we remember rightly, w’as the exclama
tion of Pythoras when he discovered the
solution of his celebrated mathematical
problem. The medicine can be used by
the youngest children and most de'icate
ladies, as well as by men, and Doctor
Hood brings the undoubted testimony of
such men as J. W. Pitts, M. D., the Rev.
Thos. T. Christian, Dr. Wm. W. Flew
ellen. Dr. Brewster and John D. Odom, to
sustain bis claims from their experience.
This valuable medicine is for sale at all
the druggists and country stores, and it
can be ordered direct from Doctor Hood,
Broad Street, Columbus, Ga.
Feb 6-lt
J. M. BENNETT A 00.—STOVES, GRATES, TIN
AND HOLLOW’ WABE.
This firm represents the Southern Stove
Works, located iu this city. This manu
factory is a home institution, and turns
out the best quality of work. What is
expended there goes into the general fund
to enrich the entire cwniiunity. No con
cern North places finer stoves on the mar
ket. The Iron Witch is guaranteed to
last longer and bake better than any other
stove. The great advantage in buying
home goods, besides the fact of keeping
money in Columbus, is, that when a piece
is broken it can be replaced al once at
she manufactory, without the trouble and
expense of sending North for material or
a new stove. The Southern Stove Works
also manufacture the Victor, Georgian
and O. K. cook stoves, all of which are
first class. It is an institution which the
South should take pleasure in supporting.
The firm makes tin ware a specialty. Go
and see their stock, at No. >43, west side
of Broad street.
BURIAL CASKS AT EDMUNDS.
When one dies, it is same consolation
for his friends to know where they can
get elegant burial cases They can find
such at Edmund's furnitnie store and at
very low rates.
HIGH GRADES OF PHOSPHATES.
The one who causes one more blade of
grass is far greater than the man who de
stroys a city. The immense value of
good fertilizers has been demonstrated
thoughout this section. Now I. I. Moses
advertises five hundred tons for sale.
Wm. Johnson is general agent. The high
character and standing of these gentle
men are sufficient guarantees of the ex
cellence of what they offer the public.
JOHN W. BROOKS, WHOLESALE AND RETAIL
DRUGGIST.
He established his house many years
antedating the late war, aud has been al
ways noted for having one of the most
j reliable d ug establishments iu the city.
I During the war, as captain of an artillery
i company, he employed himself in throw
ing the best of iron pills from the mouths
1 —« al_th.fi in
■ ders of his country, and proved as mag
nificent success in this line as preparing
pills and medicines, and furnishing the
best drugs and chemicals during the pip
ing times of peace. Besides having a full
stock of the choicest medicines, etc , he
has perfumery, fancy goods, spices of
every variety, paints, oils, varnishes,
glassware, dyes and garden seed. He also
has chinco quinine, with dose the same,
and at one-half the cost of quinine. His
location is on the west side of Broad
street, at No. 107. Very many of our
leading physicians make their headquar
ters at this house.
THE BAR
The Bar in Columbus ranks second to
none in the State in the ability of its law
yers and the high professional tone that
characterizes them. We have many legal
firms, prominent among which is the firm
of Little A Crawford. The senior mem
ber is ihe Hon. Bennett H. Crawford, our
State Senator, and Colonel W. A. Little is
our able Solicitor-General. These gentle
men practice in all the courts, and do a
general collection business.
Charles H. Williams, E-q., though a
young lawyer, has attained an enviable
position at the Bar. He has occupied im
portant positions for oue so young, being
at present the attorney for the North and
South road and also City Attorney. He
practices in all the courts, and has his of
fice on Broad street.
E E. YOUNG, DEALER IN HATS, ETC.
Mr. Young is but a new merchant, but
his stock of hats, caps, umbrellas, Ac.,
show that he has remarkable aptitnde for
the profession. For three years he was
treasurer of the city of Columbus. Tms
was a high compliment, and the confi
dence reposed was more than justified.
Since, he has adopted the calling of a
merchant, and the articles displayed for
sale display great judgment and taste.
He is now offering his entire stock of fur
and wool hats at greatly reduced rates.
Having bought them at the very lowest
New York pnees for cash, he now is en
abled to offer unexampled inducements.
He is preparing to introduce a Spring and
Summer stock aud wants to carry no
goods over. Four years of active soldier
ing for the Confederacy lost him much
money, and now he is trying by increased
diligence and activity to replace what has
gone. The people should help him, es
pecially when he offers them far greater
inducements than can be furnished in
New York. The new stock be is receiv
ing is of the first-class and bought to the
best advantage.
MERCHANTS & MECHANICS’ BANK.
This Bank, which has for its officers
some of our most substantial citizens, is
located on the east side of Broad street,
in the centre of the business part of the
city. It is one of the strongest and most 1
reliable monetary institutions in the State.
In addition to its regular banking busi
ness and collections, it has a savings de*
partment where deposits are taken for
amounts from a dollar up. The Presi
dent, Col. W. L. Salisbury, is the very
soul of business enterprise; and Mr. A. O. i
Blackmar, the Cashier, has no superior in
biis line. *
» j. kyie A co.
This is the oldest dry goods house in
Columbus, aud its career has ever been
marked with success. It commenced
,■ with the id*-a to keep none but the best
. goods. This determination has been kept
; up; and now the house has a magnificent
I reputation for fair dealing and being pro
i vided with the most desirable goods.
Every child in this section knows of the
house. It was established over thirty
■ years ago, when Columbus was but a vil
lage, and at the same stand has grown in
to a great commercial firm as tho village
grew into a city, and the leading members
1 have become our principal capitalists.
The film has now received a large arrival
of fresh Spring goods, embracing many
* varieties and styles of standard articles,
as well as those of fancy grades and a la
mode. The condition of this house has
marked the epochs in our city’s history,
and has ever been regarded as one of our
' firmest and most substantial institutions.
Parties visiting Columbus will find a warm
welcome and first class goods at this
t house.
• lennard’s work on manures.
Every farmer should secure a copy of
this able and interesting pamphlet and
read it. It contains much that is valuable
and instructive. Copies can be obtained
« at this office. See advertisement for
. prices. Rev. J. M. Leonard, of this city.
4 G. W. BROWN —FAMILY GROCER.
, George Brown is a young man, but he
I is a No. 1 merchant, and provides famil
ies aud the trade with the choicest grocer
ies, canned goods and fancy articles. His
, manifestoes are wonderfully appetizing,
r and the result is a wide and constantly
extended territory is opened to him, and
' he has a constantly flowing stream of
’ customers. All goods bought of him in
the city are delivered free. His establish
f ment is a complete one, and all articles in
* the staple or fancy grocery line can be
r found in abundance. Imagine any thing
’ good to eat. and you are certain to get it
1 —from the best flour down to the smallest
3 spices. This has brought Mr. Brown an
3 extensive trade, and those who have tried
his supplies are not contented with any
, other.
' WATT A WAT KER.
This firm has taken position as a sound,
energetic business house. Their store
occupies one of the most prominent posi
-1 tions of Broad street, under the Rankin
House. They sell annually as much gro
' ceries and provisions as any house in the
! city, most of their trade coming from
Harris, Museogee. Chattahoochee, Stew
art, Talbot and Marion. They do mnch
‘ business with Alabama aud Florida. Fr m
the latter State they have just rec ived a
f consignment of corn, showing there are
. sensible planters raising more food than
they need iu our sister Slate of the Souih.
3 Watt & Walker, like ail good merchants,
. are anxious to reduce their business to a
j cash basis, but in the summer mouths
they sell on credit to good, prompt, pay
ing customers. They keep everything
■ wanted by a planter, and sell cheep, be
lieving in quick returns and small profits.
They claim to be the headquarters for the
finest Florida Syrup, and keep none but
the best goods. This firm has determined
to make its collections, aud calls on its
s friends to come and settle, or explain their
- want of ability to do so.
t J. 8. JONES, DRY GOODS.
• This house is one of the mest popular
f in Columbus, aud Mr. Jones, the propri-
- etor, though a voting man, is one of our
s best merchants. We believe he was
- and reared in Columbus, aud before the
- war (in which he served as a fighting
> captain) was employed in leading houses,
s In 1865 he established' a house of his
- own, which at once became one of the
I most important ones in the city, and
e enjoys a large and flourishing business,
f He now has a new lot cf prints aud do
mestic goods, which he offers at cost.
’ Previous to stocking up in the spring, a
-* choice lot of white goods, check muslins,
, jaconets, linen lawns, table linens, Ac.,
s can be bought at cost. For the same
, purpose worsted dress goods have been
reduced ten per cent., and Coa's’ and
r Clark’s spool cotton are quoted at seventy
- cents per dozen. These prices are very
low, and Jones never sells an inferior
article, and he is a merchant of too much
intelligence to buy goods at any thing
that is not to the advantage of his cus-
3 tomers. Cail on him.
BOATBITE A CLAPP.
1 This sterling house was established
1 Oct. Ist, 1865, by the senior of the es
i tablishment, Mr. A. V. Boatrite, and on
‘ the first of July, '66, Mr. J. W. Williams,
r now of Opelika, became a member of the
3 firm, under the name of Boatrite A Wil-
- Hams, which continued till the Ist of
3 September, 1870, when Mr. Williams re
tired at,d Mr. J R. Clapp, one of our
j o'dest and most honored citizens, entered.
Mr. Clapp, who has been a resident of
3 Columbus for nearly forty years, was the
- the pioneer in that cotton manufacturing
> which is destined to build up our city,
j and he was also a leading spirit in re
building of the Columbus Factory.
3 Being trained business men, it is to be
- expected that their store and its supplies
will be of the ve>y best character. Aim
ing to do a cash business, as far as prac
tical, they sell superior goods at the low-
t est possible prices, courting comparison,
and assuring their customers of saiisfac
’ 'ion.
, DR. O. J. MOFFETT —WHOLESALE AND RE
j TAIL DRUGGIST.
The ex-Lieutenant and Captain of the
City Light Guards, and Major of the see
t ond Georgia Battalion of Confederate
. days, and wealthy citizen of ante-bellum
times, now comes to the front as a drug
. gist with a location at No. 74 Broad street.
His house was established after the war
and has been advanced to a degree of un
exampled prosperity. Having careful
clerks, and himself being an educated
physician and pharmaceutest, all may rely
1 upon obtaining at his store the very best
' of drugs, medicines, oils, lamps Ac., In
addition he keeps lamp goods, blacking,
perfumery, garden seeds and an abund
ance of fishing tackle. Every thing he
buys passes under his own superinten
dence, and hence is guaranteed to be just
what he claims it to be. His stock is
complete in every detail, and he invites
inspection.
LOUDENBER A BRO., CIGAB MANUFACTURERS.
This firm was formed some months
since and are located nearly opposite this
office. They have great experience in
making cigars, and their business has in
creased to such an extent that five hands
are constantly employed. The proprie
tors are thorough and energetic, and well
understand their trad©. They are now
i selling cigars at $3 50 and $3 50 per hun
dred, manufactured from genuine Connec
ticut seed tobacco, and also genuine Hav
ana cigars at $55 per thousand, far supe
rior to any obtained North for the same
money. If intelligence, activity and ap-
■ plication can win success, this concern is
bound to achieve it. Their trade is flour-
1 ishing and is being widely extended. They
. make their cigars from the best tobacco.
■ They send samples to deniers.
EAGLE AND MANTTFAC’
■ TUUiyG COMPANY.
Annual Meeting of stockholderß—Election
of Directors -Report of the Pres
ident— Gratifying Exhibit.
‘ The Stockholders of the Eagle and
Phenix Manufactory met in annual session
at the Company’s office yesterday. Three
-1 quarters of the stock w’as represented.
Upon the request of the Directors, the
Stockholders requested the present Board
of Directors to memorialize the Legisla
j ture to allow- an increase of Directors
making the number seven instead of five.
[ The Stockholders delegated to the present
t Board the r.ght to elect for this year the
, new members.
i A resolution was unanimously adopted,
> thanking the managers and officers for
, their fidelity and ability displayed in the
r management of the Company’s affairs.
The following Directors were elected
1 for 1874 :
* N. J. Bussey, W. H. Young, Alfred I
Young, Dr. T. W. Battle, Lumpkin, Ga.,
and Charles Green, Savannah. This is
the old Board, with the exception of W.
E. Parramore, who is succeeded by Dr.
Battle.
Dr. N. J. Bussey was unanimously re
elected President, and G. Gunby Jordan,
Treasurer, for 1874.
} We append the report of the President :
ANNUAL BI PORT OF THE PRESIDENT.
To the Shareholders of the Eagle and Phe
nix Manufacturing Company, of Co
lumbus, Georgia:
The year 1873 opened encouragingly
j for us, and our operations have been con
s ducted uninterruptedly to its termination;
j increased skill in our work people, con
tinued ample power, and a more complete
1 organization in all departments, enhancing
j our production beyond precedent in our
, experience. Our mills, filled to their ut
t most capacity with heavy machinery in
restless employ, stand monuments of sta
! biiity. Further, it is a matter of con
-1 gratulation to know that our immense mo
y tive power has been a source of no ex
pense, and beyond the item of interest
upon the original investmest, costs us
, nothing.
a Until September last we were sanguine
- that our exhibit for the year would be one
i of extraordinary success, production up
. to that date having largely increased,
3 with daily sales in proportion ; but the
j remarkable financial convulsion then set
ting in, extending throughout all our best
j tra le months, overturned calculation.
As usu J with us during the dull sum-
4 mer months, our accumulations of goods
3 had been large, without the wonted relief
1 of autumn sales. AU was outgoing—
coming in, nothing. To meet tliese
’ anomalous conditions and maintain our
s high credit, we were compelled to reduce
■ our prices to a point low enough to induce
? cash purchases. From this came a shrink
age in value unknown iu our experience,
3 to the serious reduction of our expected
t profits. Withal, a fair measure of suc
-1 cess was left, enabling us to declare our
3 two half yearly dividends and pass a re
-1 speetable amount to reserve fund.
On the New Year our stock of unsold
fabrics was unusually large, throwing us
r later into the winter for our incomings ;
' and for this and other conservative rea
r sols, your Directors have considered it
“ prudent to appointthe dividends for
B April and November, at which dates the
i distributions from our active capital are
. easiest made.
s The Treasurer's report of our condition
e on the Ist of January last is :
1 ASSETS.
Realestates 651,301 11
’ Machinery t>10,106 18
'• Cash
. In New York banks ...$42,284 16
a In own vau t
(coin)s 2,145 00
» In owi vault
, U. S. curren-
3 cy 43,159 52
. 45,304 52
: In city banks (U. S.cur-
1 rency 21,684 62
y Due by S ate banks ai d
blinkers 14,304 29
. „ , 123,577 59
r Bwk accounts, secured by stocks
1 an I liens 4,038 08
, Book accounts, open and all good.. 105 6*l 57
■* Bills receivable 24,746 01
" Stocks and bonds 74,9u0 00
Stocss.of goods and materi l (per
lavefttory), including cotton,
wool, dye stuffs and chemicals... 355,437 70
1
$1,849,738 24
LIABILITIES.
3 Capital stocksl,2so,ooo 00
Bills payable 10,573 19
’ Book debts payable 3,218 19
3 Bo debts, value of 193 bales cot-
ton deposited by shareholders.... 12,652 50
' Unpaid dividends 1,665 00
f Savings Department—
Deposits represented
by bo kss 75,850 19
r Deposits represented
by certificates 57,137 00
P „ 132.957 19
i Reserves—
-3 Profits to Ist January,
, 18735297,760 92
5 Profits to Ist January,
> 1874 140,875 05
j $1,b49,738 24
, DIVIDENDS DECLARED SINCE 1869, $425,160
. Total assets $1,849,738 24
. Due depositors...s7s,Bso 19
. Outstanding cer-
tificates 57,137 00
. Every other lia-
bility, besides
capital stock
and undivided
profits 28,109 08
3 161,096 27
j Surplus beyond all liabili-
i tiessl,oßß,64l 97
In the foregoing statement of assets the
item of real estate embraces, in addition
■ to our former valuable properly, a new
improved brick gin house, tho value of
[ the material and preparations made during
i the past year for Mill No. 3, ami payment
’ of lot No. 14, bought several years since,
but the purchase money being garnisheed
' iu our hands.
Machinery Account— Has been some.
i what enlarged by the purchase of dupli
cate parts of machines in Manchester
so as to be prepared for accidental emer-
1 gencies.
Cash— Represents the instant resources
available to us on the Ist of January,
13745123,577 59
Since which time, to the date
of this meeting, collections
from sales, book accounts
and notes have been 154,747 87
$278,325 46
Book Accounts Secured— Are mainly for
taxes due by stockholders, whose shares
are liable for the.amount. Rem dnder be
ing accunts secured by ample collaterals.
Book Accounts Open—hre for goods
sold on thirty days’ credit.
B(Us Receioable— Are notes due us, most
of which are secured.
Stucks and Bonds— Are investments
paying ten per cent, dividends net.
Stocks of Material Comprise— so 2 bales
cotton, $27,277.83 worth of wool, $233,
287.70 of cotton and woolen goods in
stock and unsold, $63,695.37 of cotton
tnd woolen goods in process of manufac
ture, $22,628 32 of chemicals, oils, indi
goes, arid other dye stuffs aud “findings.”
The Liabilities — Comprise bills payable,
showing the amount of two notes due in
February, 1874, for money borrowed in
1872, at ten per cent, interest. We have
desired, and offered to retire these notes
under discount, but the holders preferred
awaiting maturity.
Book Debts Payable — Reprt mt mainly
balances due office employees.
Savings Department— Represents our
deposit account, payable on
outstanding certificates given in exchange
for deposits, payable iu United States
currency on demand.
This Statement, in fine, shows the Com
pany out of debt, fully equipped, in huc
cessful operation, and with abundant re
serves aud immediate resources for any
probable contingency.
By the statement at our last annual
meeting, the reserved profits to that date
m0re5297,766 92
Ihe earnings for
18735140,875 05
From which ihe
Directors have
declared two
dividends :
April Ist, 1874,
$62,500; Nov.
Ist, 1874, $62,-
500 125,000 00
The balances 15,875 05
being added to the reserve. 15,875 05
Bringing up our undivided
profits t 05313,641 97
Believing it prudent to lay in a good
portion of onr year's consumption of cot
ton at prices admitted as below the cost
of production, we have purchased since
Ist January to the date of this meeting.
4th February, 1742 bales, bringing up our
actual stock in hand to 1785 bales, mostly
of the better grades, and all sound, useful
cotton for our purposes. We have also
bought and paid for during the month of
January 33,0i;0 pounds of wool, and $21,-
000 worth of dyestuffs at prices which
ready cash can aione dictate.
At a specially called meeting of the
shareholders in March last, the Directors
were authorized to proceed at their dis
cretion toward the construction of an ad
ditional mill (No. 3) upon the adj icent
valuable site, provided the necessary out
lay did not interfere with the regular per
centage of dividends of the company.
Preliminary steps have been taken in this
direction, and the project of extension,
still favorably entertarned, will be carried
out when our surplus funds fully warrant
—not earlier.
It w’as mainly in the interest of this
important extension that two members of
our board visited the machine shops and
constructive departments of Manchester
during the past summer, but after patient
examinations aud estimates <ame to the
contusion that immediate contracts were
not desirable —the succeeding events of
September proving the prudence of their
hesitation. The information brought
back with them will be of material value
when the time for action comes.
The same care in protecting your inter
ests by the most select aud widely dis
tribuied insurance, the same vigilant
watchfulness against fire, is practiced as
heretofore. It may be of interest to you
to know that our sales for January of
this year were.. 5126,260 49
Against January, 1873 125,190 36
Showing increase this year. ...$ 1,070 13
And this, too, while prices are 15 to 20
per cent, lower than last year.
By authority of special act of the Legis
lature of Georgia we opened on the Ist
of April, 1873, a Savings Department, the
working of which, aud its usefulness, dis
appoint no expectation. Its growth was
of vigor, speaking the confidence of those
we sought to reach Its advantage to our
> operatives is especially apparent. It pre
sents arguments, awakens a desire to save,
i corrects wasteful habits. In common
j with all kindred institutions, this depart-
I ment, during the recent panic, found its
deposits laigely iuteilered with ; but this
has been reversed as the pressure was
mitigated, aud the contributions spared
from the w’ages of labor are perhaps now
larger than at any former time. It is
d>ffijult to ove.state the value of such re
sources for a class usually improvident,
and it is gratifying to perceive, as we do,
a growing Spirit of thrift, self-help and
re-pect among this the most useful of our
people. The unusual security offered by
the company to such persons is patent.
Beyond our available assets, sufficient to
cover any possible contingen y, there is
a permanent value iu our property beyond
that of money, liable to robbery, or stock
investments, of fluctuating worth and un
certain convertibility.
The total number of depositors in this
department is 378, and for a safe invest
ment of their means confided to our care,
you will note that we have invested an
amount equal to the Book Deposits in the
best stock we could buy—onr own—which
returns us a sure dividend beyond the per
centage of interests we pay to ihe deposi
tors. These investments could be readily
converted into cash in case of need—not
likely to arise, as it is the settled po.icy of
the company to be in constant possession
of ample cash resources.
Reviewing the past year, replete with
derangements of no ordinary character, in
which many kindred enterprises have
been crippled or bankrupted, it is grate
ful to us to have had the ability to give
you good returns on your investments and
maintain the strong position our exhibit
shows.
Finally, I acknowledge with pleasure
how much we owe to ail the staff of the
company for their faithful co-operation in
contributing to these.results.
Respectfully,
N. J. Bussey, President.
Tobacco and Cigars.
G. W. Brown manufactures fine and
common cigars, and deals in choice chew
ing and smoking tobacco. His manufac
tory is quite a large one, employing
hands, and only the best leaf tobacco is
used. Keep up our home industries, and
don’t fail to call on Brown, at 172 east
side Broad street.
SEWING MACHINES.
M’ssrs, Baldwin A Underwood, the en
ergetic agents of the splendid Wilson
Sewing Machine are located at 15 Broad
Street. It is unnecessary lo speak of the
article they sell for its fame is w’orld-wide,
and as guarantee of this the agents war
rant for five years ex try machine they
send ont.
THE JOE HILL PLANTATION FOB SALE.
This, one of the finest plantations in
Georgia. It is located on the Flint river,
contains 2300 acres of the choicest lands,
rich as a well kept garden and level as a
floor. It is now offered for less than the
levees cost before the war. The-situation
is very healthy. A more desirable or
valuaable plantation cannot be found on
the continent. A less amount than the
whole will be sold, if desired. See adver
tisement of T. E. Blanchard, in this
paper.