New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-06-02
SOUTHERN OIL COMPANY.

Yesterday being the dividend day Of this Company,
we had intended to say something about its pros.
poets, past and future, but the following from the
Bulletin of yesterday morning, is so admirably word
ed, and expresses our views SO precisely, that we
substitute it in lieu of the remarks we contemplated
making:
To-day an eighth per cent dividend is to be paid on
the capital stock of this Company
The old adage truth is mighty and will prevail "
was never more truthfuly aud forcibly exempfed
than in its application to this grand enterprise The
opposition which met its orginators at every point
we will not attempt to describe To certain extent
it was natural and to be expected in community
where out OF the few enterprises which had started
so few had succeeded. But the time has now ar
rived when the Southern Oil Company stands before
the community an established success Sustained
alone by the merit it possesses, asking no conces.
sions, and claiming only fair and impartial test Of
their product side by side with any ubrcating agent
now in use railroads.
The Company's Special Agent has met with the
success in Georgia as had previously attended his
efforts at St. Louis. The first road the oil was placed
upon in Georgia was the Macon and Western, of
which Isaac Scott, Esq, is President The Master
Machinist Mr. Thos Dougherty states in his certif.
cate that he was strongly prejudiced, and that he
tried the oil under the firm belief that it would not
come up to the representations made. The result of
two months comparative test is Che states) that it is
superior to lard oil and ubrcating compositions, and
after two weeks test, side by side with pure sperm,
that there Is no difference between Inc Two OILS.
Dougherty ranks amongst the most ingenious and
scientific practical machinsts in that State The
Georgia Central road, OF which R. r. Cuyler Esq, is
President, and whose Superintendent and Master
Alachinist. also enjoying high and enviable reputa.
ton in Retrospective capacities, and who widely
and flvorably known in railroad circles throughout
the South have also passed judgment to the eff.
feet and have already ordered supply for further
comparative test The Albany aud Gulf Railroad,
the Southwestern the Georgia Railroad Company,
and others, are to adopt the use of this company's
oil soon as the Central is through with Its expert
ments.
We have not the space this morning to more than
state the facts for the digestion of the public Sue
cessful enterprises are of so occurrence in the
South that every individual, whether stockholder
or not, is Interested in them. None but the narrow.
minded and short sighted will feel regret at the sue,
cess of the development of the resources of the
South of Southern manufacturing interests. 1t is
mistaken notion some people entertain that because
| they are not directly interested in q company as
stockholders they have nothing at stake in its sue
or failure We argue, and could If we had time
demonstrate to the contrary.
Nothing that tends to the development of our re-
Sources or to onr Importance manufacturers, but
benefits every individual who lives in the South. Lei
| this be borne in mind for it may have an important
influence and bearing on our future, and if properly
weighed aud acted upon, may lead to results far be
yond the expectations of the most sangune advocate
of Southern enterprises.