The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1891-05-12


turned out by the foundry there is no
question but what it will keep up
with the procession, and to inspect
our large Touring mills and to talk
with the enthusiastic owners one can
safely state that our miIlers will not
fall behind.
Many other interesting cases could
be cited, but enough have been men,
toned to plainly indicate that manu-
turers in this meek of the woods"
stand no immediate danger of going
into speedy decline.
CAPITALISTS.
Capitalists who have made invest.
ments here have had no cIuse to COM
plain. / will refer those who differ
with me, to q few of their deals.
THE sEDALIA WATER WORKS.
May 1st, 1887 j. B. Quigley,
of ST. Louis, and others, bought
the old Sedalia water works paying
the city one hundred thousand dol
lars in cash for same. At that time
the works were in a bad condition and
paid but a small re'urn on the invest.
ment.
To person having less faith in Sc
dalia and less experience In matters
of this description than had Mr.. Quig-
ley and his associates, the purchase
price appeared enormous.
With the judicious expenditure Of
an additional 500, 600 the plant was
not only placed on a paying basis but
gave to Sedalia one of the best water
work systems in the state.
At present they are furnishing $780,
600 gallons day to consumers and as
they have a 5000, 600 gallon capacity
daily, there is no danger of a water
famine.
Their gross receipts last year was
$50, 900 expenses $40, 900, leaving a
balance of 500, 900 or 10 per cent on
their capital of 5000, 900. Not bad
investment.
4 ELECThlC Ll0hIs
Several years ago Charles Green
and other st. Louis capitalists in.
vested a snug sum in the Sedalia gas
works. What their profits wee, has
never been made public, but Judging
from the fact that they folio we'd up
this investment by q much greater one
in their electric light plant, one would
naturally suppose that they were sat.
is6ed with Sedalis and Sedalia's out
Hook.
| MORE LIGHT.
Although this plant was a large
one, Judge Metsker, a Topeka gen
tleman, Of both wealth and expert
ence, after looking over the field care
fully, concluded that here, like in the
traditional omnibus, "there is always
room for one more"
In giving US our second electric
light plant he invested s75, 900. This
investment was quickly followed by
one of a 1925. 900, q portion of which
sum was spent in suburban property,
including the magnificent Forest Park,
the balance of the amount was ex
pended in the
ELECTRIC RAILWAY
that, while it was welcomed as big
attraction to our city, hiss proven q
regular bonanza to the owner.
Investments made by Col, Dyer and
others show to as good an advantage.
But enough has been said to illustrate
the fact that capitalists in search OF
good, safe, permanent ten per cent.
investments need seek no further.
RAILROAD TOWN.
Notwithstanding the fact that we
are located in the midst of the very
best agricultural country in the Uni
ted States, a section that has a repu.
tation of producing the largest yield of
corn, wheat, oats and barley in the
entire west, a section producing blue
ribbon fruit wherever displayed-not.
withstandlng these facts, Sedalia is
known far and wide as railroad town.
Not only as railroad town, but as a
live, active, progressive, growing,
wide-awake, western railroad town
a name not misapplied, one would say.
after seeing the network of rails with
which we are surrounded, after in
specting the enormous car shops aud
round houses, after seeing the army
of mechanics and other employees, af-
ter viewing the magnificent head
quarters of one of the best roads in
this country and finally after glancing
over a monthly pay roll that would
have proven sufficient, in days gone
by, for kings ransom.
| In addition to the Missouri Pacific,