The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1891-09-19
As STRANGERS SEE US.


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Cape eirarsea. IL Ksswn - The
+ Capitalists q NeW Yosk =
! wall sarees.
We take the following from the
the New York Mercantile and Finan-
cial Times OF September 5th:
We take the pleasure in calling the
the attention of our readers to the
good work that is being done i'm .
rapidly developing section Of the
State Of Missouri by that sound and
well conducted institution, the Stnrdi-
want Bank, of Cape Girardeau, the
largest and most important city of
Southeast Missouri. The section Of
which this city is the commercial
centre is pcopled with settlers from
the States of Virginia, Kentucky,
Pennsylvania, Ohio. Indiana and ILL
nois, a thrifty and industrious class of
people, who have been attracted
thither by the advantages. presented
for the building up of important and
diversified industries. The entire
country is rich in deposits of IRON ore.
Not far from the site of the city the
great deposits or brown hematites
begin TO appear. Numerous deposits
have been found at Idlewild and
Puxico, a number of which have been
prospected and shown OF an average
a solid twenty-five foot ledge of ore.
On the st. Francois River are the ore
deposits widely known rs the Indian
Ford Deposits, owned by Singer,
Nimick 4 Co., of Pittsburgh, and
near Chaonis the river passes over q
solid bed of iron ore. Otter Creek
also contains . number of valuable
deposits-in fact, every hill in this
locality shows more or less ore. With
in two miles of Williamsville, and
also lea Elsinore, deposits r again
found in considerable quantities, as
well as those found along the Current
River Railroad. Ii is said that Manga
nese ore is found in paying quantities
within five or six miles of Hunter.
Large quantities of lime and sand
stone are also found near Cape Cir
ardeau, and valuable granite quarrics
arc in its immediate neighborhood.
The city is very substantially built,
stone and brick being chiefly used in
the construction of its edifices. The
manufacturers of flour, lime and
brick occupy a very important place
among its industries. The best flour
and lime in the Mississippi Valley are
made here, and the bricks made of
Cape Girardeau clay r said to be of
a very superior quality. The flour
made in the city of Cape Girardeau
was awarded the premium at the
Vienna Exposition and also at the
Centennial Exposition. The brick
making industry is constantly grow
ing. Large quantities were shipped
South last year, and the outlook for
the manufacturers is very promis-
ing.
1t is in the noble work Of assisting
to develope these varied and valuable
resources that the Sturdivant Bank
is engaged. The institution is char
tered under the laws Of the State, and
has a capital of $4,000, with q sur
plus Of $4,000. Its are
large, and are constantly increasing.
Nj. II. Sturdivant, for whom the bank
is named, is the hOnored President.
He is assisted in his administration
by Mr.. L. +. Klostermann, Vice-Pres-
ident, and Mr.. Leon. j. Albert,
Cashier. President Sturdivant
Thoroughly believes in the future Of
Cape Girardeau, and has been for
some years h%onorably and %conspicu-
ously Unidentified with the promotion
of her interests. He is q very able,
wealthy and influential gentleman,
keen-sighted and sagacious in finan-
cial affairs, and thoroughly honorable
in all his business dealings. Vice
President Klostermann is a man of
sound Judgment and sterling integ-
rity, and Cashier Albert Is regarded
as one of the ablest and best-posted
men it the banking business in that
He served the city as Mayor
for five years at a time when II was
in financial trouble, but he 90 shaped
matters that the city debt has been
one-haif and the remainder
at 5 per cent. The bank
transacts . regular and legitimate
banking business, for which It bss
most excellent facilities. Tho inter-
csts of its patrons are carefully guard
ed, and the liberal policy that has
characterized its operations from the
start has made il a very popular in
stitution. Among its principal cor
are the Ninth National
of New York City, and the ST.
Louis National Bank, of st. Louis,
Mo.
1t is proper, in closing, to extend
to President Sturdivant and his able
associates most cordial congratula-
lions Oh the success that has rewarded
their efforts in the past. We are con-
vinced that the future prosperity Of
the Sturdivant Bank Is thoroughly
assured beyond all per-adventure.
A HUNDRED Railrsaa Change.
We find the following in the st.
Louis Globe Democrat of Wednesday:
The Houch Railroad Company has
recognized, Mr.. Jay Gould owning
controlling interest, with a capital