Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1889-01-18

making contracts for the right-o way
and to have work begun early in the
season. We understand that no bonus
VIII be sought from any of tho towns
through which it is to pass.
The National Bank, of this city. at
its annual meeting Of stock holders,
| held on the Sth, voted to increase its
capital to 100000 This decision was
arrived at from the gratifying report
of the cashier and the evidence shown
that the increase of business called for
the additional capital The present
stockholders have taken the increase,
so that none viii be put upon the mar
ket. The National Bank laws provide
that each stock holder shall be held re-
sponsible Ior double the amount of
their stock, so that the 100000 capital
really shows a liability of the stock
holders for 100000; and when it is
considered that the stock holders Of
this bank are among our wealthiest
and leading business men there is no
doubt about the perfect safety of this
institution. The board of directors
for the year are: J. II. Vivian, Pres
ident; W. A. Jones, Vice President;
Francis Little, Calvert Spenslev, a. W.
Cobb, Phillip Allen, Sen. and r. ].
Penhallegon, Sen.
During the last two weeks The Dem
ocrat has taken the opportunity to in
terview pretty generally the merchants
of Mineral Point in regard to the vol
ume of business transacted the pres
ent winter, and the replies received
have invariably been encouraging. Not
a single grumbler was found among
them, and all are looking hopefully to
the future. And one old reliable
house produced facts and figures show
| ing that the amount of business done
in 1888 exceeded that Of any one year
for ten years past. OF course the fact
| that roads have been exceptionally
good all the year long has had favor
able effect on business on Mineral
Point, by drawing trade from greater
distances than usual. But the fact
must remain undisputed that the town
will continue to be great trading
center as long as our business men
keep alive to their own interests, and
carry good stocks, keep up healthy
competition and sell goods at low
prices. This is their present policy,
and finding it profitable they will
doubtless continue to pursue it. The
one thing necessary to further increase
the prosperity of the town is the
establishment of some profitable manu-
featuring enterprise. And the Demo
crat believes that if somebody will but
suggest feasible scheme, and start a
a movement towards putting it into
effect, that it will not fail for lack Of
encouragement at the hands of our
citizens.
The Democrat is glad to note the
fact that the business men of Mineral
Point as well as elsewhere throughout
Iowa county are becoming more and
| more convinced that it is impossible
for them t. secure fair trade or to
increase their business without advCr-
Using. Speaking for ourselves, we
would say that we highly appreciate the
kindly feeling and generous partronge
which have always been extended to us.
We receive fair share of the adver-
| Using as well as the job printing Of
this city and county. We have fixed
our rates upon low, cash basis, and en-
deavor to give full value for the prices
charged. But in a business point of
view, we would earnestly urge upon
every business man the Importance of
judicious advertising. 1t is one of
the fixed, immutable laws of trade,
that in order to sell goods or do
business in almost any line, ore
must invite and command the at
tention of the public. All men who
advertise are not successful, but histo-
~, sacred or profane, ancient or mod
ern, fails to furnish single instance of
man who neglected to advertise being
successful and building up a large trade
with the public. The newspaper is
the best medium through which to
speak to the people, and the live bust
ness man is fully aware of this fact.
The Democrat enters weekly more
than one thousand homes, and is read
by more than five thousand persons.
The men and business firms who keep
good, fresh stocks of goods, and who
invite these persons to come and see
them in business way, will get their
trade. Those who keep up with the
times and meet the present wants of
the public, and who constantly keep
the people appraised of the fact, will
draw trade in preference to those who
depend upon their past reputation TO
carry them through. Business men,
while laying plans for the new year,
will do well to consider these scatter
ing rem arks, and remember that The
Democrat continues at the old stand
with an increasing list of prompt pay
ing subscribers.