St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-04-26

pany. With an authorized capital OF
S200, 900, of which amount s150,000 is al
ready paid in, has recently gone into
active operation. 1t manufactures the
finer grades of clothing here, thus meet
ing great want Of the trade. 1t will
eventually employ large number of
hands, probably running into the hun
dreds. 1t is most valuable addition to
the Industries of st. Paul. This enter
prise was promoted entirely through
the earnest efforts of few citizens in
their private capacity.
~
SiXth-The Minnesota Sash and Door
company is recent addition to our use
full and prosperous industries. 1t is in
cOrporated with an authorized capital
of $4,000, and paid up capital of $685.,
600.
Its plant is on East Seventh street,
on the property of the j. p. Gribben
Lumber company, and it is now employ
ing between forty and fifty hands.
Among its stockholders are many of the
most prominent and successful business
men in st. Paul. That 1t will grow to
large proportions, and become one of
the strongest and best of its kind, there
can be no doubt. The Industrial bureau
took an active part in securing the stock
for this company, and in promoting its
successful Inauguration.
Seventh-The Northern Shade Cloth
works has just filed its articles of in
corporation, and begun work on its
building at st. Anthony Park during
the past week. Its capital is $4,000. 1t
will manufacture window shades aud
kindred goods. Its stockholders are
prominent st. Paul and Minneapolis
men, some of our heavy jobbing houses
having subscribed to the stock. This is
the only factory of the kind northwest
of Chicago. Many of our heaviest Job
bers have heretofore ordered these
goods from New York to the amount of
ten or fifteen thousand dollars annually.
The demand in the Northwest is very
extensive, and the company starts out
under the most favorable conditions.
The bureau took an active part in the
promotion of this enterprise.
-
Eighth-The Wolterstor If Haskell
Manufacturing company is a reorgan-
Zed business enterprise, heretofore en-
gagged in tie hardware and house fur
niShing trade, making specially of
manufacturing the famous Commander
Wrought Steel Range" for hotels, din
ing cars, etc. With capital increased to
100000 the company will largely in
crease their plant and the number of
employees, IN order to meet the rapidly
growing demand for their ranges and
kindred SpecialtieS.
1t is understood the Investment CON-
pdny will take $4,000 of the stock of
this strong concern, which bids fair to
become one of the best i'll the city. The
orders ahead for the ''Commancer'
amount to nearly $4,000.
Ninth-One or two other enterprises
of minor Importance have been organ
lied or provided for, whose active work
will be begun in due time. But the
foregoing are the leading acquisitions
of the past year, and their advent as
active forces in the industrial life of the
city will amply vndicate the wisdom of
all the agitation and the organized vol
untary effort of the past year. Their
Significance consists in the fact that
they are but the beginning of new and
aggressive movement, accomplished
without the stimulus of extravagant
bonuses, and as the result OF the volun-
tary work of few public-spirited cit
liens.
Besides the foregoing. not less than
five important enterprises are now I'M
der negotiation by the industrial bureau,
some of them of greater magnitude
than any herein enumerated. What
they are, where they are, and what they
contemplate, it would be entirely un-
wise ana ineXpedient to make public at
! the present time.
Some of them will doubtless be Sc
cured. All of them might be were our
citizens to put forth the efforts neces-
sary to a successful issue of the negotia-
tons. But enough has been accom-
plShed in the face of the most serious
obstacles, and enough more is in
| sight, to warrant the confident con-
viction that St. Paul is destined
4! to become one of the most active and
important industrial centers in the
Whole Northwest, if not in the country.
Many more important facts bearing
upon this subject might be added to
this statement did space permit
Enough has, however, been said to war
rant the query whether it is not about
time for croakerS, critics and chronic
fault-finders to cease wagging their
tongues and pens, take off their coats
and apply their hands like men to the
work of helping the few who are bear
ing the burden and heat of the day in
| the task of promoting the common
! veal.
Summarizing the results attained in
the form of financial statement, 1t ap-
pears that within the past year there
have been virtually pledged for the ben
eft, directly and indirectly, of our man.
/ ufacturing interests, the following
| amounts and for the specified purposes:
! Manufacturers Investment COM
! pany, common stock ......... 100000
st. Paul Stove works. ........... $50. 100000
kuhl & Cummings company......... 100000
Retort Stove company ........ 49,. 250000
Minnesota sash and Door company. 5000
The Wolsterstorf Manufacturing
company. 10000
The Northern shade Cloth works. 29000
These sums aggregate d total Of. 1923. 900
In all OF the above cases the capital
is being paid in installments, and the
concerns are in a state of healthful ac-
tivity. A few other smaller enterprises
have been launched, but as they are in
active they are not included in the
| above summary.