Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1867-06-21

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Director only. Among other leading gentle
men who have interested themselves in the
establishment of this Company, and who will
| give all necessary information in relation
thereto, are the following: Hon. r. r.
Bridgers, President Wilmington and Wei.
don Railroad, Tarboro'; ". J. Hawkins,
President Raleigh and CASTOR Railroad,
Raleigh; Richard III. Smith, Scotland Neck;
E. Kidder, Wilmington, and j. Eli Gregg,
Mars Bluff, S. C.
There will be meeting in this city on
the 10th of July next of the subscribers
and those who fael an interest in the estab-
lishment of the Company. The amount
necessary to secure the organization, fifty
thousand dollars, has not yet been subscrib-
ed, and we learn that books will be opened
Immediately in this city in order to secure
the taking of the number of shares by the
time fixed for the meeting.
The rise and progress of Guano Compa-
MES in this country have been most rapid
and wonderful, and their success almost
without parallel. But a few years be
fore the war the various Fertilizers, which
of recent years have done SO much to in
crease the production and improve the
lands of our farmers, were unknown. The
introduction of the Peruvian Guano, which
did much to stimulate the growing crop,
but was found exhaustive to the land, led
to the manufactl re OF Fertilizers, retaining
DF
but mixed with other manures which We're
necessary to strengthen the soil. Since the
introduction of these Fertilizers, though
the supply has increased very rapidly, the
demand has more than met it, and us much
of these Fertilizers were sold III the South
for the present crop, as was during the
year previous to the war, although our
planters had just had their losses sustained
by the war increased by all almost total
failure Of crops-a failure in many in
no doubt, attributable to their in
ability to procure Fertilizers the year pre-
vious
While the universal pecuniary success
which has attended these Companies, and
the large amount subscribed by Balti-
more capitalists of experience III this
business is a safe guarantee of the
value of the investment, We know
onr citizens are fully appraised of the many
benefits to be derived from the establish
ment of an active business corporation of
large means in our midst. There is not
business in the city Which would not be
benefited by the organization and active OPP
Grafton of such d company, and avenues
of trade and commerce would be opened to
Wilmington in quarters, foreign and do
nestle, now officially unknown to our
Chamber of Commerce. We are satisfied
that our community will wake up from its
quiet slumbers, forget our political and
financial troubles and anxieties, and take
hold of this matter in earnest. We have
always been famous for our business energy
and activity and our efforts have been re-
warded with some success. Let us then
inquire into this new enterprise-make
ourselves familiar with its advantages
and disadvantages, and act upon a
formed opinion. The names
of some of the most careful and successful
business men and farmers in our State have
fully Investigated this matter, and have be-
come stockholders in the Company. We
hope it will be looked into by every public
spirited man in the community. If such
is done we know that by the 10th of July
more than the requisite amount will be
and large meeting will be the