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SAVANNAH'S TRADE TEAR.
Continued fn**m Pair*,
or no ch:mpt‘ a* the hard times ami lack of
T
people who tmy this line of rood*. nor <lo w
think that was any cfcan; T < worth) of rote in
the tmi4er* material line from the season
before.
Cine feat*re of bueines** has been the stead l
of prtoee the iiueulion> i * in:' rather
levsfhnn normal nnd it lcx>ks now as if the
bottom hnv i>een touched, that we may roll on
itv smooth surface for a while anil then be
gin tin lone looked for upward turn.
Collections have been only fair, the most
notaule falling off lein>f umonn the turpen
tine and sawmill trade as the two lines have
been more harshly dealt with apparently
than 'then* tributary to Savannah, for the
past twelve months which is accounted for
by the low prices in both lines, they having
perhaps the lowest notch In the his
tory of either
The shipments of pbr iron by steamer to the
different |>orts are embraced in tie following
tables in comparison with last year:
SHIPMENTS or PIG IRON IN TONS TO THE
FOLLOWING PORTS FROM SEPT. 1 189*2, TO
AUG. 31, 1803, AND Foil THE SAME TIME
THE PREVIOUS YJCAB:
Tons. Tons.
IRK 03 1891 (2
To New York 2MVJ9 20.724
To Boston 7:s.!rt 5.770
To Dallimorc 2.920 *.2
To Philadelphia 5.151 7t4
Total 40,934 84.4
Heal Estate.
A very good was done in realty
during the tirst half of the year Considera
ble activity was shown in vacant property in
the southern section, which resulted in sales
und re sales at profitable prices. This was
kept up lor some months until the money
market commenced tightening, and hut lor
that trouble there would have been a large
business doae in the spring. A great many
residences have l*eon built in the southern
section, some for sale and some by private
parties for their own use. Those built for
sale met wi’h ready purchasers. That
portion of the city is building up
rapidly and is showing greater develop
ment th: any other. There has been, all
through the year, a very fair demand for res
idence. of medium price, aud when offered,
good values were o! talned for them. Brokers,
generally, report the business of the year not
s<> profitable as other years, though distin
guished by a gn-at er number of final 1 trans
actions. and fewer large ones than that of
previous years.
The "shake up" in financial matters has
had its effect upon realty not in the reduction
of values, but in th** diminution of transac
tions during the lat ter portion of the year un
der review
The difficulty In borrowing money was an
embargo in real estate sales, where portions
of the purchase money had to be borrowed.
A large part of the real estate broker’s work
is In making the money arrangements to carry
out hid trades. Sales of tilts character could
not be consummated, bonce transitions were
decreased. Then again, during the currency
•tringency parties disposed and able to buy
were apprehensive of greater troubles ahead
and held off. The dreadful slump in securi
ties oftill kinds has inured to trie be no lit of
reality.
Large investors in so-called ••gilt-edged”
stocks and bonds, who have lost heavily by
shrinkage of values, have become converts to
real estate, and will henceforth seek such in
vestments One of the encouraging signs of
the hard times through which we have passed
and are at!il passing, has been the strength
of the real estate market’.* There has been
no decline in prices, but all sales that have
been made have been at high water figures.
The solidity of the prices of realty lias been
one of the choeritig peculiarities of these
panicky times.
This condition lias been helpful in bridging
over and through the tight money market.
When nothing else could t*e sold except at a
sacrifice realty could always be counted upon
to pull the owner out of a hole. Full value
could always t>e i\ alized when all else failed.
The fact of possessing unencumbered real
estate curried a man's paper through bank
when the hypothecation of Blocks and bonds
could and w ould not.
There seems much to be expected for realty
duringthe year Just opening. With the financial
problem solved, our city must and will respond
promptly to favorable conditions for its con
tinued growth. Deep water and new lints of
railroad are sure to bring population. This
means increased demand for realty. Sa
vannah is destined to be the principal south
ern seaport: the trend of even is is
ably that way. Our insulation now ts hot
sufficiently provided for with homes, and the
shortage of houses becomes more apparent
every year. Kents hold up and un
changed in the face of hard times; All of
these facts point to one conclusion, the solid
ity of real estate investments in u growing
and pronperons city like Savannah.
A PHARMACEUTIC A!. PALACE.
The Handsome Store in the Guards'
Armory Occupied by Solomons & Cos.
The most attractive part about a drug
Btore is its fixtures and soda water foun
tain. If it were not for these, there would
be no delight in entering a house filled
with nostrums that usually sickon one on
sight. Watching a pharmacist rolling
pills on a pine board or [touring poison
from a dirty blue bottle would not be in
viting. to Rsv.the least. Considering the
feeling* and fin-- tastes of their patrons,
the druggists always endeavor to make
their store as attractive as possible, and
Spend much time and money to reach
their ideas of good taste and convenience.
In the city of Savannah tiiere are a
number of handsomely equipped drug
stores. In the Guards'new armory, how
ever, there is one which has been fitted
up under the supervision of Mr. Solo
mons, of the firm of Solomons & Cos.,
which, for its complete equipment and
handsome appearance, excels any store of
the kind in the country, it is a perfect
palace. The handsomely decorated ma
hogany fix tun s, the plate-glass mirrors,
the beautiful and convenient show eases,
the thoroughly arranged prescription de
partment, the marble floor and theuttract
lve soda water fountain, ail contribute to
the elegance of the establishment. Mr.
Solomons takes a pride in making this
store attractive and has spared no ex
pense in carrying out his idea of what a
palatial pharmacy should l>e. It is worth
a visit to see this beautifully equipped es
tablishment.
Savannah’s Lawyers.
A review of Savannah, its business in
terests. advantages and improvements
would be imperfect and incomplete with
out mention of its legal fraternity.
The Savannah bar has always enjoyed
the wolt-merited reputation, not only at
home, but abroad, of being one of the first
and best in our state. This is
true, for the profession is com
posed of gentlemen whose high
moral and intellectual qualifications,
have from time immemorial held them
upon a plan, without parallel in this state,
and who have very largely contributed
to the advanced prosperity of our city.
They are men who are above the
pettifogger's intrigue and who ad
minister the law with the high
and holy purpose above all others
of benefiting the citizen. “Acknowledging
the requirements of the law and the obli
gation of religion, they love justice; are
careful to do no wrong; easily appeased;
ready to forgive; generous to the needy;
kind to thei-oor: in a word, high-toned
and magnanimous in their deportment.”
The Morning Nkw* is pl-oud of Savan
nah's lawyers, and it is with pleasure
that it calls attention to them and
refers to the cards of the attorn
eys that appear as follows in
this issue: ChaHton, Maokall ,k Ander
son, Isaac Beckett, Edward It. McKethan,
G. i. AJ. F. Gann. McAlpin A Lalioche,
Griffin & Seiler. Robert M. flitch. Cham
pion A Germany, John W. Burroughs. T.
f- Grosland, Saues.v ,V Saussy, Wilson A
Rogers, E. T. Davis. John Nicolson, Jr.
Miss Mary Smith, an Englishwoman, has
been engaged In a novel sort of social philan
thropy. Instead of devoting her energies to
the very poor, she has been studying to pro
vide inexpensive, hut healthy uml pleasant
homes for women who have small incomes
In Gloucestershire she has established a num
ber of small cottages having all the pictur
rMluenesH of the thatebed-eottage period and
the sanitary improvements of later days.
They are tenanted and the scheme set-ins
likely to prove successful.
I SAVANXArSJERtHASTS.
The Value of Advertising in the Lead
ing Daily.
The Result* Gained by Judicious An
nounoemonts The Strict Business
Qualifications of Our Merchants—A
Few Facts About General Advertis
ing Advantage To Be Gained Alike
by Merchants and Customers.
The merchants off this city have, to a
certain extent, felt the general depression
of the times during the past year, but as
a whole, they hare done a fair average
business. It is commendable in them,
that their forethought and excellent busi
ness judgment, led them to view the situ
ation in a strict conservative manner;
therefore, while the volume of trade has
not exceeded* that of past years, they have
boon careful in taking risks and have
held their credit* down to a basis which
has enabled them to cope with the times.
AU. through the great stringency
of fliemoiie.y market.tV 10 mercanhts of Sa
vannah. by their Judicious management
of their affairs, have endeavored to keep
the interior merchants within the bounds
of necessity. In doing this, they have not
only protected themselves, but have ad
vanced the interests of their patrons,
who otherwise may have overstocked
themselves and thereby suffered the
usual results of hard times.
The power of our commercial advant-
ages is evident by the extensive dealings
of our merchants and the confidence placed
upon their business ability. Producers
and consumers alike look upon
the merchants of Savannah as
the promoters of their interests
in advancing their prosperity and placing
all upon a solid foundation of business
transactions.
The columns of the Morning News is
filled with many advertisements of our
business houses, who know and appreci
ate the value of a doily medium which
reaches its mhny valuable readers, and
whose trade has been benefited by judici
ously announcing to the patrons of the pa
]>cr. that they have prime inducements to
offer to the trade. No other merchants
in the southeast can compete with Savan
nah. The territory rightly belongs to them
and they hold it in a business-like and
courteous manner. The merchants in the
interior know full well and have the fact
demonstrated continually, that they can
buy goods as cheap in this city as they
can at any point in the United States.
The retail merchants are also alive with
the times, and a daily glance at the col
umns of the Morning News will convince
iny one that the most successful
business men in this city are those
who advertise and “keep everlastingly at
it.” It brings results. The merchant
who sets aside a certain amount for ad
vertising'during the year, and pays strict
attention to this departments, is never
disappointed with tha investment.
Advertising is as much of a necessary
expense as a salesman, and should be
considered as such. The value of a sales
man is judged by the amount of business
he transacts for his employers. The
same is true of the newspaper advertise
ment. The widest circulated and the
•most popular paper is the one which
properly appeals to the advertiser
and brings satisfactory results by its
silent visitations to families where tho
salesman never goes.
The advertising columns of the newspa
per is a delineator of the character of the
advertiser. A honest, truthful and bright
announcement strikes the reader
forcibly, and brings the merchant and
customer nearer together. While the
stuid aud crowded matter-of-fact card is
passed by aud considered no more than
tiie uninteresting Indian figure in front of
a cigar store.
It fs a noticeable fact that
tho progressive age of advertising is
accepted by the interprising merchants
of Savannah, and theiifannouncements in
the Mousing News is a demonstration of
tho fact that it pays.
This issue contains many advertise
ments of the merchants of this city, who
are among its reliable and enterprising
business men and who are worthy of the
patronage they solicit from customers at
home and abroad.
John Flannery & Cos.
This is one of the old reliable houses of
Savannah. No cotton factors are better
known. They do a most extensive busi
ness. It goes without saying that they
are prompt in business, and careful in all
interests committed to them. They sell
bagging and ties and make liberal advan
ces on all consignments.
A. B. Hull & Cos.
It is with pleasure that attention is
called to this firm. They are wholesale
dealers in grain and groceries. Their
business is extensive and is increasing
with every year. Their facilities for do
ing business are equal to any in the city
Those who deal with this popular firm
get the best of service. They believe in
promptness and attention to business,
and thus merit their remunerative trade.
Georsft A. Hudson.
One of the largest and most thoroughly
established dealers in fresh and salt whiter
fish, oysters and game of all kinds is Mr.
George A. Hudson, No. 171 Bay street.
Mr. Hudson has been engaged in this line
of business since 1305, and lias built a very
extuhsivo wholesaie trude. He carries a
large supply of fish and oysters in their
season, and frequently handles as much as
40.000 pounds of fish a week. A branch
house is located at Cedar Keys. Fla., and
great care is exorcised In packing for safe
delivery.
The Great Ssxton Salve.
This great remedy, the formula of
which is prepared by a well-known res
ident of Savannah, has been extensively
and successfully used by many of our
citisens, and although but recently placed
on sale by druggists, is fast gaining a
wide-spread reputation, with the un
qualified indorsement of ail who have
used it. 1 his salve should be in every
household, as it is invaluable for the pur
poses for which it Is recommended.
Greig, Jones and Wood.
The success of this firm of naval stores
factors is due to the energies of the resi
dent partner, Mr. F. F. Jones, whose
keen business judgment and energetic
business qualifications have brought the
firm into wonderful prominence. Only
four years has this firm been in existence,
but by r efficient management and ample
capital and facilities for attending to the
business this concern has gained an envi
able reputation among file producers and
the trade generally.
THE MORXTXG NEWS TRADE REVIEW: SEPTEMBER, 1*93.
Citizens Bank.
This substantial finatu ml institution ts
one of the strongest of its kind in the
city. By the excellent management of
| the officers and directors it is rapidly
| growing into prominence Though hat
j ing been organised less than six years,
its progress has hren wonderful, and the
I )>atmnagc and public confidence which it
1 receives in well merited The last state
ment of this hank shows a largely in
creased amount of business The
managers of the Citizens Hank are
progressive and judicious, personally
devoted to the advancement of the busi
ness interests of Savannah. This bank
has recently introduced a savings depart
ment. which feature is well patronized, as
it aids its customers to save small
amounts, and thereby be able to put away
something for a "rainy day.” The Citr
ns’ Bank, like all the rest of the insti
tutions of the city, was so conservatively
managed during the financial stringency
of money, that it was not compelled to re
sort to unusual means to meet the de
mands for currency to supply
the demands made upon it by its regular
patrons. This hank issues notes, receives
deposits, negotiates loans, deals in for
eign and domestic exchange on all im
portant i>oints. and conducts a general
banking business. It is an influential
factor in the banking system of tho coun
try, and has always been a strong sup
port of tho business interests of the city,*,
The present officers of the bank are: B.
A. Denmark, president; Mills fi. Dana,
vice president, and George C. Freeman,
cashier.
The Southern Bank-
No financial institution in the history
of this city has been more intimately con
nected with the Interests otthis commu
nity or has had a more successful and
prosperous career than the Southern
Bank of the State of Georgia. It was or
ganized in 1870,and though it has paid reg
ular dividends, it has accumulated a
surplus of $588,000, which is equal to its
capital stock. It is by far the largest and
most elegantly filled up Institution in the
city.
The excellent management of this insti
tution. together with the superior facil
ities und ample capital and surplus, has
enabled it to pass successfully through
the financial crisis without the least in
convenience. A foolish run on the sav
ings department of this hank about a
month ago had no effect of destroying the
confidence of those who deposit in this
strong institution, hut ratner increased
thoir faith in its superior management.
Among the officers and directors will be
found names closely indentified with the
history of Savannah and the advancement
of her business interests and commercial
resources. The present officers of the
Southern Bank are the following well
known gentlemen: Capt. John Flannery,
president; Mr. Horace A. Crane, vice
president und Mr. James Sullivan, cashier.
The directors are Messrs. Eusrene Kelly,
Horace A. Crane, E. A. Weil. H. P.
Smart, Bee Roy Myers, S. B. Palmer,
John Flannery and J. B. Duckworth.
The Chatham Bank.
No financial institution in the country
can show a more encouraging progress
than the Chatham Bank. It was organ
ized four years ago and has had a con
tinually successful career ever since.
Tiie amount of business transacted by
this hank is enormoiw, and the surplus
during tho past year increased very ma
terially, showing the excellent manage
ment of those in whose charge the affairs
of the bank are placed. The Chatham
Bank does a general banking business,
buys and sells exchange and handles col
lections on all points. The savings de
partment has been conducted in such an
enterprising manner that the number of
depositors has greatly increased, anil
the general satisfaction of this feature!
made prominent arnopg ;\U of our citizens.
This hunk make a spAfauy in buying
and selling sterling, and are prepared to
furnish direct New York quotations at
home. The officers and directors of the
Chatham Bank are well known represen
tatives of tho business interests of this
city. Col. C. 11. Olmstead is president
and Mr. It. F. Burdell is cashier. Both o f
these gentlemen are highly respected in
tho community and are excellent and ca
pable officers.
Merchants’ National Bank.
Ttao Merchants’ National Bank is one of
the oldest financial institutions of Savan
nah. It is a United States depository of
prominence, having been organized in 180(5,
and is the oldest national bank iu the
state of Georgia. The capital stock of
this bank is $500,000, and the surplus $170,-
000, this being one of the largest com
bined capital and surplus of any Tank in
the state. This institution doesa general
banking business, and is among the fore
most financial concerns of the country.
Notwithstanding the depression of busi
ness throughout tho whole country, this
institution has stood firm during the
crisis, and by the exercise of excellent
judgment and enterprise has increased
its facilities, and also added to its
business quarters, by remodeling the
building, which is now one of the most
imiKjsing structures in the city. Tho
stockholders and directors are among the
most solid business men, and the officers
are prominent representatives of the
interests of tho institution. Tho follow
ing gentlemen are the officers: S. P.
Hamilton, president; Simon Gucken
heimer, vice-president; Wm.S. Rockwell,
cashier.
Wm. Kohoe& Go’s
Mammoth works are situated on Brough
ton street, nnd extend from Reynolds to
Randolph streets, covering an immense
area devoted to manufacturing enter
prises.
Messrs IVm. ICehoe A Co.’s leading
specialty is the manufacture of sugar
mills and pans, the ever increasing de
mand for which has caused them to man
ufacture these goods on a more oxtensive
scale than ever before attempted, and to
accomplish this they have added, during
the past year, to their already handsomely
equipped works, a vast amount of the lat
est and most improved machinery, giving
them unsurpassed facilities and enabling
them to greatly’ increase their output aifd
insuring promptness and dispatch in the
execution of all orders.
Mr. Kelioe, who is a thorough master of
the business and fully acquainted with
every detail, as well as understanding
perfectly all the requirements of the
trade, devotes his personal attention to
this brineh of tho firm's business.
Their mills and pans are made of the
very best material and by the very’ best
skilled white mechanics, and these facts,
coupled with the strict attention paid to
this line, are the reasons that Kehoe's
Iren Works stand pre-eminent as the lead
ing manufacturers of sugar mills and pans
in the south.
Kehoe's Iron Works are noted for the
su|H?riority of their iron and brass east
ing of all descriptions, and their machine
shop being a fully equipped one iu every
sense of the word, having new modern
tools and machinery, they are prepared
to turn out all kinds of machine work in
first-class Gyle.
In addition to their manufactures
Messrs. Kehoe & Cos are the sole agents
for several leading lines of machinery, in
cluding the justly celebrated Ames en
gines and boilers; the Reliance Safety-
Alarm Column, one of tho greatest and
most perfect inventions of the ago; the
Buffalo Forge Company's unequaled fans
blowers, forges, etc.; the Acme Machinery-
Company's bolt and pipe cutters, etc
etc.
John Rourke & Son.
Among the enterprises of Savannah the
Novelty Iron Works of John Rourko A
I Son take high rank They furnish any
! thing from a gas pipe to a steam engine
Everything is on the move around that
rat* l>!. aliment Tne Novelty works turn
out the host of everything made out of
I Iron, and nothing shoddy is allowed to
leave the place They have been steadily
increasing t heir facility during the past
I three years, aud have now one of the
i most complete machiue shops aud foun
j dries in tlio south. Every convenience
I has been made for turning out their work
: with dispatch. This firm havo gained a
wide reputation t>y the many excellent
jobs they have done for the city govern
ment and the satisfaction with which
their accomplishments are executed.
They make a specialty of boiler building
and repairing steam vessels and ure con
tinually engaged in this work. which is
always done promptly and satisfactorily.
Tho Novelty Iron Works manufacture
the celebrated Samson sugar mills and
pans. A description of them will he found
in the attractive advertisement on an
other page ot this issue.
Messrs. John liourke & Son arc active,
ondrgetic and practical business men,
and their onterpriso is a credit to the
city, ranking among its representative
establishments, anil is deserving of nil
the commendation wo can give. Their
main mouth works are situated at the in
tersection of East Broad and Bay streets,
and.tincluding machine shops, foundry
and Blacksmith shops, cover an entire
block.
McDonough & Ballantyne.
This old and reliable firm is one of the
best known in the south. They are iron
and brass founders, machinists and pat
tern makers. The works are located on
East Broad street, corner of Perry, near
tho Savannah, Florida aud Western de
pot, and are convenient for shipping in all
directions. The manufacturing depart
ment Is one of the most complete in the
south and possesses facilities for turning
out all kinds of work, steam engines and
boilers,iron building fronts, iron verandas,
and ornamental brackets and railings for
gardens, cemeteries and other purposes.
One of the specialties of the firm are their
well-known sugar mills and pans, which
aro said to be superior to those of north
ern 'manufacture, both in material and
construction. Their price list will be
seut upon application. This firm gives
special attention to iron and brass cast
ings of every pattern, and machine work
will be executed promptly and by skilled
machinists.
Palmer Hardware Company.
The company’s new building at Bay and
Jefferson streets, is admitted to be one of
the most convenient in the city for the
purpose for which it was constructed—
that of a hardware depot .It has been
put up with considerable arcliiteetual
skill, and the lower portion of it is broad,
well lighted and roomy. It is now occu
pied by the old and reliable Palmer
Hardware Company. It is hand
somely and comfortably ar
ranged, having a spacious office
elegantly furnished and a show room
which would do credit to any city in the
union. The ware rooms for heavy goods
are also splendidly arranged and show
excellent judgment displayed by those
who designed the plans. The stock is
complete with staple articles of hardware
trade, together with the lighter and fancy
grades # of goods of househould and pocket
economy. The Palmer Hardware Com
pany is one of the substantial and relia
ble business houses and promoters of the
steady business prosperity of the mercan
tile interests of the city, and they are
well known throughout Georgia, Ala
bama. Florida, atul South Carolina, where
they liavo extensive business transactions.
James M Dixon & Cos.
There is no'Wholesalo establishment in
the city which exhibits more energy aud
enterprise than that of James M. Dixon
& Cos. Although the firm has only been
in existence since tho first of last Jan
uary, it holds a prominence in tho gro
cery and grain trade which might be the
envy of many older establishments. Mr.
Dixon has had about ten years' experi
ence in this especial business, and is well
qualified to promote every interest con
nected with it. He has been personally
applying himself to his chosen occupa
tion, and by his excellent business qual
ities and superior management lias gained
what is the aim of every business man
success. Tins’popular establishment are
extensive dealers in groceries, grain and
hay, aud are tho sole ugents for the Haz
ard Gun Powder Company, whose prod
uct is considered the very best in the
country. The association of Mr. J. J.
Dale, the well-known capitalist, adds to
the solidity of this enterprising and prom
inent establishment. Their offices and
show rooms are at No. 141 Bay street,,
where customers and visitors from the
country are always invited to see the ex
cellent lino of goods which are constantly
kept on hand.
McDonough & Cos.
As the commercial and industrial in
terests of Savannah are so large and
varied, it is a matter of necessity that
her facilities in tho great lumber trade
should he extensive and that those inter
ested in the trade should be competent to
handle the onormeous business that is
transacted. One of tile largest firms and
most enterprising is McDonough A Cos.,
whose immense office and factory are on
Wheaton street, near the foot of Liberty-.
They control an immense out-put of lum
ber. and make a specialty of supplying
builders, contractors and others with
everything required in the form of woods.
Their factory is one of the best equipped
in the city. They keep on hand and make
to order window and door frames, inside
finish, regular and odd sized sashes, blinds
and doors, besides make a specialty of
furnishing office furniture in the shape of
desks, railings and general fittings.
Many of the handsome buildings and
offices of this city show evidences of this
firm’s excellent work. They also take
orders for furnishing banks and offices
out of the city, and cheerfully give esti
mates and submit designs of their splen
did and attractive work. Tho head of
this establishment, Hon. J. J. McDon
ough, is mayor of the city- of Savan
nah.
McMillan Bros.
One of the industrial pursuits which
lias boea conducted upon a large scale,
owing to the vast demand in this section,
is the manufacture of turpentine stills.
In this enterprise McMillan Bros., whose
mammoth] establishment [is at the corner
of Liberty and Price streets, this city,
are the leading manufacturers in the
world. For a number of years this firm
has been diligently working to supply tho
country with turjmntine stills, and their
name is known all over the country as the
most successful firm in the business.
They have the most complete facilities
and are better prepared than ever to rush
any work that may fall in their way.
Turpentine stills and fixtures are
their specialties. They are also pre
pared to do all kinds of oopixr work and
repairs at short notice and in the best
style. They have a large factory at Fa.v
ettevillo, N. C., which was established
many years ago, when North Carolina
produced the turpentine for the world. It
is safe to state that McMillan Bros, of
Savannah and Fayetteville have made
and sold more turpentine stills than any
other establishment in the world.
Chesmitt & O’Neill.
Among the prominent naval stores fac
tors is the firm of Chesnutt & O'Neill.
They arc well known throughout the
trade. Active and energetic, with long
experience, and are wide nwake to the in
terests of the producers. Business en
trusted to the firm is well directed.
The Old Reliable Penn.
The “Old Reliable*' Penn Mutual is
what they call it. and the name is well
deserved—an insurance company—safe
and reliable, strong and conservative,
one that insures -this it what the Prnn
Mutual D—established iti IH47—tho
l’enn Mutual has made rapid strides in
the right direction, and it is now every
where regarded as one of the model insur
ance companies of the country. It has
ever been conducted with tha great ob
jects of liberality to and security for its
policy holders. I .urge and regular divi
dends are one of its strong features, with
practical illustrations right here in Sa
vannah—where its hundreds of policy
holders indorse its management aud
speak in highest terms of its big dividend
paving qualities.
in the 45th annual report to the policy
holders, the president says:
"The forty-fifth annual report of theaf
fairs of your company is herewith pro
son ted. In so doing the management takes
pleasure, as heretofore, in submitting un
mistakable evidence of a sound financial
position and increasing growth, the latter
entirely consistent with the interests of
the policy-holders and tho assured per
manence and extended usefulness of the
institution. No life insurance company
can perpetuate itself without an acces
sion of members adequate to replace
those who retire by death, lapse or
maturity of their contracts. The prob
lem always is to obtain such accession upon
terms promotive of the corporate wel
fare, and while strong and unjustifiable
competition among companies has ad
versely affected the general interest of
life insurance, it is thought your com
pany has escaped any injury from this
cause, being content to pay for new busi
ness considerably less than the ruling
rate. The wisdom of this course is es
tablished by the large volume of new in
surance procured during 1892, reaching a
total of 10,019 policies for $29,074,652.00,
exhibiting a reasonable increase over the
product of the preceding year. The as
sets of the company now reach the sum
of *20,808,092.39.
“The liabilities of the company have
been carefully computed and are now
*18,185,043.48. Of this sum *17,919,461
represents the reserve at 4 percent.,
which the law requires to be maintained.
The balance is for death losses awaiting
proof or not as yet due, premiums paid in
advance, surplus on unreported and de
ferred premiums, ote., etc.
“The company has now Upon the basis of
its present valuation of securities a sur
plus of *2,623.648.81, and from this sum
the trustees, by resolution, have author
ized tho officers to apply *790,580.00 in re
duction of the premiums of 1893, as
they are paid the company, and for
credits and accumulations, as expressed
in the policies. ”
“Julian Schley is the gonoral agent of
the Penn at Savannah—and a more ener
getic agent cannot he found. Mr. Schley
keeps moving up the figures of the total
insurance written by him even in these
hard times, and a man that can do this is
the kind of general agent to have.
A Great Company.
The New York Life Insurance Com
pany is.theonly regular life insurance
company which lias been officially ex
amined by the insurance department in
twelve years, as is shown by the official
certificate over the signature and seal oi
the superintendent of insurance, James
F. Pierce, which is in the hands of every
representative of the company, and by
reason of this official examination it is to
day the only company that the whole
world knows all about. The certificate
shows that the net surplus to policy hold
ers is *16:804,948.10 on the basis of ad
mitted assets after deducting therefrom
the net reserve as calculated by the in
surance department,rand all .other liabili
ties. This is one of tho reasons assigned
for this company's doing a greater busi
ness than it has ever done heretofore,
aud it to-day has the utmost confidence
of tho entire world. Another reason as
signed for the great increase in business
in addition to its unquestioned financial
standing is the accumulation policy
which it now offers; it being the most lib
eral contract of insurance offered by any
other company.
The New York Life Insurance Com
pany,
Which, in 1800. originated and introduced
the first nou-forfeitable policy, in 1892
made another radical departure in favor
of the insured.
Life insurance is safe or possible only
on tho principle that life is more precious
than money: but no life company has
heretofore, fully-accepted this principle.
The New . York Life, believing from its
experience that the time had come when
this principle should be fully accepted,
announced that the physical conditions,
habits, etc., of an applicant being satis
factory, it will insure him without future
limitations. The company’s new contract
the "accumulation policy,” contains no
restrictions whatever, respecting occupa
tion, residence, travel, habits of life or
manner of death. The only condition of
the policy is that the premiums be paid as
agreed. If tho insured pays tho prem
iums the company- will pay the policy.
Every restriction or objectionable clause
which has heretofore been in life insurance
policies, the New York Life has stricken
out. and added the most numerous privi
leges, benefits and guarantees, which
prior to the introduction of the acumula
tion policy has never existed in insurance
policies.
Tlie statement of the company-Jan. 1,
1893, is worthy of consideration:
CONDITION JAN. 1, 1893.
Assets 1137,490,198 99
Liabilities, 4 per cent, standard. 120.691 250 -y
Surplus 16.8W.948 10
Number of policies in force 224,008
Amount of insurance tn force 689,218,629 00
PROGRESS IN 1892.
Increase in benefits to policy
holders $ 1.323,621 45
Increase tn assets 11,551.908 18
Increase in surplus 1,663,924 79
Increase in Insurance written... 20.940.088 00
Increase in insurance in force . 60,1(55,451 00
The New York Life docs an immense
business in Georgia. The general agent,
R. H. Plant, is located at Macon, and
there are live agents in every town. In
Savannah the company is very ablv rep
resented by Messrs. J. F. Brooks & Fripp,
and its growing business here is -due to
their efforts. Those interested in this
important subject should read the adver
tisement of the company- elsewhere, and
then consult Messrs. J. F. Brooks &
Fripp.
John T. Rowland.
This popular gentleman represents
some of the strongest insurance compa
nies of the country and is ably- prepared
to satisfactorily place all business en
trusted to him. Ho also does a largo and
constantly growing real estate business
and gives personal attention to the same.
He has an extensive list of property for
sale, and offers splendid inducements to
investors. Mr. Rowland pays great atten
tion to the collection of rents and handles
all of his business with promptness and
ability, enjoying, to the fullest extent,
the confidence of his numerous patrons. ’
P. H Kiernan.
This energetic plumber is busy all the
time, because his work is an advertise
ment of his ability. He strives to please
his customers, and he does it in every in
stance. This practical workman is a first
class tinner, plumber and gas fitter. He
also repairs roofs, and paints them too
He makes a specialty of furnishing bath
tubs, closets, and in fact everything that
is requisite for fitting up a house with the
latest, improvements. His establishment
is at \V hitaker street.
Savannah Beer.
This is getting to be a beer drinking
community: perhaps from the fact that
nearly every city in the world contributes
to making the beverage of the "Father
land" universal; but the main reason for
its popularity in tho city is that tho peo
ple arc beginning to learn that good do
mestic brer, fresh from the brewery, is
not only a delicious draught but a health
giving drink. It is a fact well known
by those who have taken the care to in
vestigate that pure beer, browed at a
home brewery, is absolutely bet
ter than that which is shipped
from other points. ASk any
one who has visited the extensive brew
eries of the north and west, aud they
will tell you that the beer is really more
palatable there than it is when sold in
othor cities. The fact is plain. The beer
must necessarily be specially prepared so
as to make it keep. In this its best qual
ities are often destroyed, Tho Savannah
Brewing Company have added a great
many excellent improvements and facili
ties to their plant - during the past year,
and the beer which they are now making
is as fine as any brewed in the United
States. For a long time, when this brew
ery was in its infancy, there
were “some would-be judges who
were either prejudiced against
the home manufacture, or perhaps were
honest in their expressions of the distaste
for the product. There is qo room for
complaint now. Every defect in the brew
ing have been remedied. Only first-class
and experienced brewers are employed,
and only the very finest and purest mate
rials are used in the manufacture of this
beor. The efficient and energetic man
agement of Mr. W. W. Starr has brought
every detail of the business to perfection.
The best Judges now proclaim the “Club
Extra” beer of the Savannah Brewing
Company to be the finest in the country.
Andrew Hanley.
In reviewing the commercial and man
ufacturing advantages of the city of Sa
vannah, we are confronted by many enter
prises especially worthy of extended
notice and consideration. A striking
example of this is found-in the extensive
plant of Andrew Hanley, used in the
manufacture of King s Wlnsor Asbestos
Cement. This cement is becoming justly
celebrated.
This material makes walls and ceilings
more elastic than any other material
known for plastering. The asbestos used
renders the material a great protection
against fire and deadens sound. The ex
treme density of the cement renders it
vermin and germ proof. It is anti-rust.
It will not discolor any material. It is
free from acid. It is not made, by any
chemical process, and no action takes
place after setting, which is a matter of
two or three hours only. Frost or water
will not. injure the work after it is once
set. By an improvement made recently
he has been able to reduce the time of
sotting on tho wall and ceilings from
eighteop hours to the time named above.
It will not chip or pit. It dries out from
three to live weeks quicker than limo or
hair mortar; carpenters can follow plas
terers in from throe to four days after the
skin coat is applied. His Float Sand
Finish gives a fine effect when the. walls
are decorated. Two or three coats of
paint used on any of the above walls will
give a much better effect than throe to
four on old style of finish.
Evidences of the superiority of this
material is shown in the Guards' new
armory, where tho walls are covered by
it. A passing observation will convince
any one of its. excellency.
Andrew Hanley also deals in doors,
sash, blinds, mouldings, paints, oils,
railroad, steamboat and mill supplies,
stain work, builders’ material, terracotta
pipes, lime, hair and cement. His spa
cious salesrooms are at the corner of
Whitaker, York, I'resident and Barnard
streets.
t ■ ■ .
T. A. Ward.
There is no one engaged in the wagon
building industry who has made such
rapid strides towards success as the
young man whose name heads this arti
cle. Mr. Ward has through personal
energy and practical application, worked
his business into prominence. He eujoys
a splendid patronage which he has hon
estly earned by the excellent work he has
turned out in vehicles for business and
pleasure. His large establishment at the
corner of West. Broad and Bryan and
Olivo streets is always filled with work
to be repaired and new vehicles ready to
ho delivered. He builds trucks, wagons,
buggies aiul carriages. He does repairing,
painting, finishing and trimming. He
does everything in the very best manner
and with credit to his mammoth Forest
City Wheelwright Works.
H. Howard Cohen.
This young gentleman is making strides
in the carriage and wagon business. Ho
commenced business at the corner of Bay
and Montgomery streets about
five months ago and by his
unusual energy and enterpris
ing business qualifications, coupled with
years of experience iu the same line, has
built up a wonderful trade for so short a
period. His mammoth establishment is
elegantly and conveniently fitted up for
his especial business and each depart
ment is particularly adapted to tho de
mands of first class show rooms and offices.
Mr. Cohen has the agency for the
Millburn Wagon Company, whose vehices
are well known, throughout the entire
country-. His stock of carriages, buggies
and harness cannot be excelled anywhere,
for elegance of finish and quality. Mer
chants and farmers will do well to call at
this establishment and sob the soleudid
line of vehicles exhibited, which are offer
ed at the very- lowest possible prices.
Ellis, Young & Cos.
This long established and thoroughly
reliable firm are naval stores factors, and
spare no pains or labor to secure good
sales and prompt returns for all produce
consigned to them. They are foremost in
their endeavors to attend to even- detail
in business which will be of interest to
the producers. This firm have large grain
bacon, flour and other grocery ware
houses from which they furnish supplies
to their many customers. Thev are also
agents for the celebrated Council Tool
Company, which manufactures the very
finest turpentine supplies in the market.
This firm are always ready to accept bus
iness relations with reliable parties a
are amply able to conduct their extensive
trade.
W. D. Simkins.
This enterprising business man stands
prominent among the grain dealers of this
city. His business is extensive and his
customers number among the best pa
trons of this city and surrounding country.
He is a large operator in all kinds of grain,
peas and hay-, and enjoys the enviable repu
tation for handling only the choicest
qualities of these products. His estab
lishment at 173 and 175 Bay street
is particularly fitted up for the purpose
intended, and it is arranged in the most
convenient manner for the transaction of
his large and increasing trade.
M. Y. Henderson,
General eommision merchant, o-i Bay
street, is a cotton and rice factor. He
pays the highest cash prices for wool,
hides, deer skins, etc. He is most eli
gibly located, his warehouse reaching to
the railroad and river yvharves. Of large
experience in business, he asks for con
signments. Mr. Henderson is a business
man. He knows how to get to tho best
prices for wliat he has to sell. He han
dles large quantities of goods in his line
and will please his customers.
The Mutual Gaslight Company.
This itunpany has for many y (iars
a contributor to the comfort and busin,
progress of this city and has recently
Us own volition, reduced the price O V,
product, making it the cheapest iliun in
tor obtainable. The excellent prod: r ,
this company contains no sulphur or oth
impurities. The gas is used extensive
in illuminating residences and busin*.
houses in this city.
Quite a feature in the business of th
company has been the extensive intrndu
tion of gas stoves in this cil.v. b , •,vi lu
use families find light housekceiiii,,.
luxury and a great convenience X;,.
sell the stoves at moderate prices to
cash or on the instaliiivnt plan, braid,
renting them by the mooth to those wh
prefer to do so. For economy, eomfoi
and elegance, a gas stove uatmut i*> m
proved upon. You can get them j n ,
sines. For particulars call on the Mum
Gas Eight Company, 129 Congress stree
Mr. J. W. Golden is the efficient secretai
and treasurer of the company, and in hi
hands its affairs are well eared for
gives personal attention to the demand
of customers, und can always ho fom
at the Congress street office.
J. D. Weed St Cos.
One of the most prominent busies
establishments which has done muc
towards promoting the wholesale buji
ness interests of the oity of Savannah i
the hardware trade, is the well-know
and enterprising house of J. D. Weed
Cos. For a number of years they h a v
done an exclusive wholesale business j
this important branch of trade The
have always been headquarters for ever
conceivable article, which this busincs
requires, and there is not a city or towr
or hamlet in this and surrounding state
where this popular house is not famii
iarly quoted when anything between
penknife and a huge cultivator is the sub
ject of inquiry or conversation. Then
business is most extensive, covering th,
states of Georgia, Florida. Alabama am
South Carolina. The great specialty of
the house is leather and rubber bolting of
all kinds. An immense stock is alwnyj
on hand, and orders are promptly filled.
S. W. Branch Estates.
Of all the retail groceries in the city of
Savannah none is more prominent than!
that of the S. W. Branch Estate at then*
nerof Wlff taker and Broughton streets. Xo
enterprise, of whatsoever nature, eon be
more important to living mortals than
that of what they are going to eat. This
well-known firm constantly caters to tiij
desires of the very best trade. The
family, whose buyer goes to Branch's
place and cannot, get pleased und satisfied
must be an epicure In the severest sense.
The firm pays cash for everything they
buy and consequently they are enabled !o
meet the sharpest compitition. The
family that gives an order to this hcuit
may rest assured of having it ii;ic4
promptly and satisfactory. Mr.
J. G. Nelson, the manual
Superintends tho order department ii
person, and this fact alone insures tho
proper handling of everything portaining
to the needs of the household.
Krouskoff Millinery Company.
This mammoth millinery concern is us,
der the management of Mr. S. Krouskoff,
a gentleman who has spent a lifetime in
catering to the desires of the fashionable
circles, and who has always shown his
excellent judgment iu his selections of the
most desirable goods in the market. This
establishment is now preparing for t
large business this fall. Their wholesale
department is filled with the finest line of
hats, bonnets, ribbons, and every other
requisite material to lit out a millinery
store. Their prices are guaranteed to bn
as low as any in the country, amt tbs
styles are of the very latest patterns.
They will have representatives contin
ually on the road to take orders from tin
interior. The retail business will be con
ducted under the personal supervision of
Mr. Krouskoff who has secured a splendid
corps of talented trimmers and salesladies
to attend to the demands of a flrst-clasi
trade.
Collins, Grayson & Cos.
Wonderful advance has been made to
the produce business of Savannah during
the past few years. The amount of busi
ness done by the enterprising firm of
Collins. Grayson A Cos., at No. Bay
street, is the largest of any house of tua
kind in th“ city. They make a specialty
of handling fruits, vegetables, eggs, and
country produce, and all consignment!
entrusted to them arc always promptly
put on the market and satisfactory re
turns made to the shippers. The businesl
is under the personal management of Mr.
Grayson, who devotes his entire personal
attention to the minutest details of the
establishment. The firm attend!
promptly to all orders in the city ana
from tlie country. Their facilities for
conducting the business are unsurpassed
and the.qxceUent reputation of tho fir®
is well established.
W. B. Cooper & Cos.
Tliis enterprising firm does a general
naval stores and cotton commission bus*
ness, and handles groceries of all kinds,
besides dealing in bagging and cotton
ties. They have been in business in this
city about one year, during which tima
they have gained the confidence of tie
business community and mane mary
friends and customers in the country.
Mr. W. B. Cooper,' the senior partner oi
the firm, manages the business. He is 1
South Carolinian by birth, but was for
number of years engaged in his present
business in Wilmington, N. C., whore M
is well known and respected by every
body. Planters and merchants in the in
terior will find this firm a satisfactory
one with whom to have business transac
tions. Their offices and warerooms are
on south side Bay street, next door to tM
Savannah Bank and Trust Company-
Savannah Steam Bakery.
Among the manufactories which h3V
become aft important feature in our city
none have been more successful than tsi
Savannah Steam Bakery under its prtsMj
management. This concern has estab
lished a large" trade in crackers and ran
dies, und in every town and city m Geor
gia, and in the adjourning states its well
known brands are found in the leading
stores. The bakery is one of the larges
in the south and is in full working ordoi
and running continually turning out fresj
cakes, crackers and candies to supply tn
large and increased demand for their pep*’
lar goods. The Savannah Steam Bakeryl
-of the prominent Institutions of
city. Tlie bakery is practically manage
by Maj. John Schwarz, whose long expe* l '
once and excellent qualifications are
guarantee of perfection in all the gp o3
turned out of this mammoth cstabl l;o
mont.
W. W. Gordon Sc Cos.
Tliis old established cotton and row
mission firm requires no introducin'
from the Mobxino News. Its reputa-W
is made. Its senior is the well-kno
Col. W. W. Gordon, who, as a
cl.aut. a public spirited citizen and a leg
lator has won for himself a high P*)pu
tion throughout the state of Georgia- i
junior partners of the firm are Mr r • ~
Bloodworth, a gentleman whose person
magnetism has drawn the respect a
admiration of everyone with whom
comes in contact, either in business
social relations, and Oapt. Beime *-
don, who merits the jiopularitv and _
spect in which he is held in the cm
tnunit.v. With these excellent manage -
this house is well able to maintain
reputation for strict business integrity •
[Continued on Tenth Fag#-)