Arizona republican., 1892-03-06
REVIEW OF THE WEEK.
The New Business Enterprises of
 Phoenix.
PUSH. PLUCK AND PROSPERITY
The Future is Assured and it Will
 be a Bright One.
The Toll Road to GlObe.--The Rail- road to Prescott Will UndOubt-
 ediy be Built.

The review of the important business transactions of the past week shows the future prospects of Phoenix and the val ley in very bright light. Various en- terprises have been inaugnrated, some that will prove of much benefit in devel- ing the country have been consummated and others of equal importance are be- ing pushed.
 Prominent among business matters was the organization of the Orchard In- vestment Go. This company is incorpo- rated with capital stock of $25,000, all of which was taken at once by the fol- lowing named gentlemen who are promi- nent in other Arizona enterprises: w. T. Smith, 0. l.. Gibbs, Arthur w. Lamm, Joseph Hardy, Patrick Hurley, Joseph Monihon, T. F.. Dalton and Chas. F.. Squier.
 The object of the company, as stated in the articles of incorporation, is to buy and sell real estate, and we understand further, to loan money on good real prop erty in this vicinity. Their first move was the purchase of ten and one-half acres of the Balsz addition, for which liltl paul TO,OOO LII HIS erty will be subdIvided at once and put on the market. It is not altogether i'm probable either that the company will improve some of these lots themselves, for by putting handsome, serviceable cottages on them, the value of the re- maining ones will be increased and the buildings will never go begging for ten ants.
 The Trask- -Kessler Grocery company also began operations on the first of the month and from this time forwvrd, will do general wholesale business on a much larger scale than ever before.
 McNulty X Chapman Bros. took con- trol of the Mariposa grocery house and will also do both wholesale and retail trade.
 One enterprise, though, that will con- meet our valley with the mountainous part of the territory and give us ingress to one of the best mining sections in Arizona is the Globe toll road. This will tap the railroad at Tempe and will enable the people of the north to get their hay, grain and other necessaries from the valley at far less expense than is paid now. No one can form an ac- curate conception of the beneticient ef- feet this will have on trade between the two sections. One is safe in saying, however, that nothing has occurred in the line of development in long while the good effects of which will be so ma. terially felt. D. NJ. Berringer, J. R. Penrose, John F. Hooper and Frank l.. Simpson, of the Old Dominion Copper Co.,, and Messrs. II. E. Kemp and 0. s. Masten, of this city, and A. J. Peters, of Tempe, are the prime movers in the enterprise. Within the last week they have been over the line of the proposed read and, while they will give none of the particulars, they say that everything is encouraging and TIE REPUBLICAN can safely say that in short time work will begin.
 Railroad rumblings too, are heard in every direction. Lantry x Sons, con tractors on the Santa Fe, Prescott & Phoenix railroad, have engaged one hun dred new teams to work on the grade from Ash Fork, and the work is being pushed with much vigor. lt will not be long till the whistles of the Prescott eu' zines will be heard in Phoenix, and the iron road will bind the northern and southern portions of Arizona together by the indissoluble bond of common interest.
 The mining Improvements in this county also, are not so far behind those of other sections. While it is true tha Maricopa county is the garden spot, ano not the mineral wealth bearing distric of Arizona, she has mines tributary and even within her borders, that ar, very productive and will some day ere ate stir in the mining world.
 The past weeks work in ph9nix anC the surrounding country proves tha the long looked for boom is here, an, that that which Arizona people hay waited for so long and with patience prosperity-is here.