The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-31
SOAP MAKING PAYS.
The savannah Soap Works n suc-
lcessfuI Enterprise.

Inc savannah Soap Works a Sue
tcessfuI Enterprise.
Mr. b. B. Morgan, president of the ga
"nnah soap works, when asked If the on
terprse is a successful one answered most
decidedly that it is.
During the six years Mr.. MORGAN ssid
mat the present board has had charge of
The chartered company. it has twice placed
1t on sound financial basis and put the
works In shape to become a paying insti-
tuition. The company's charter calls for \
eapiJai OF $4,000. but only $4,000 has been
paid in. The value of the extensive plant,
as well the real estate on which the build
Ings stand, and which has greatly appre-
aiated in value within the last few years.
IS however greatly in excess of the capitali-
cation
For the last three years the site
ana pant have been leased to the Savan-
nan Soap Company which subieased TO the
diamond Dust Soap Powder Company.
Inc rental received by the Savannah soap
WORKS during that time was sufficient to
yied fair returns on the investment. 1t
stated as a fact that this company has
la1 phenomenal success since 1t started.
The home trade rs well as the southern
uaae IN general, was very large and was
alghy renumerative, so much so that the
northern markets were tried and it was
found that Savannah could successfully
compete with northern manufacturers in
their home territory; and the northern de-
nland outgrew the comparatively small,
Dlt exceedingly valuable southern trade.
Before the lease expired" said Mr.. Nor
gan we were approached by the Dia-
mond Dust Soap Powder Company for a
renewal of the lease at a reduced rental
The lease includes the local tallow buying
ana rendering business. Our offer for a
renewal was a very low one, hardly exceed
ing the profits derived from the tallow
rendering business alone, which nets
''edally from 500 to $125 per month, as
we were DESTROYS of keeping a tenant as
wen as a thriving and highly remunera-
1--WE industry here. AS far as the rent is
Concerned it would only have been nomi-
nai so that the moving of the concern
Y,oflh' was not on account of the rent that
am aware of, neither on account of the
rum as the site is a large one, covering
whole block, and I am at a loss, why
uie company moved"
me Diamond Dust Company employed
sumo twenty men and boys and some thir-
women and girls. It's pay role was in
tne neighberhood of 81, 200 a month. How
snueA OF the success of the Diamond Dust
ooap Powder Company is due to the uni
aeISal strong desire existing in Savannah
a"l throughout the south to see home
manufacturing succeed and thrive, and in
sonsequence to buy from and patronize a
SUTAern product, is difficult to estimate"
me me company's lease" said Mr. Morgan.
gAtHes June ]. We have not decided
"'.at VIII be done. There are, no doubt.
number of people on the lookout for
soS' such a chance. If a fair offer is made
nr,, iiG lease of the property it is quite
Iooable that the board would accent II
+ certain that the plant will not re-
" D.''i idle' as the business with enough.
Will ,1n'dl and a good manager who has the
-. ry technical knowledge, is highly
~ ., one. The works always had a
95, -I deal Of home trade and patronage,
ro ."Jn new concern would no doubt also