Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1902-01-09
STa1E NEWS.
Missouri's indastrtes.

The Industrial growth of Missouri
during the past year was little short
of remarkable.
The total figures of capitalization of
corporations, as shown from statements
filed in the office OF Secretary OF state
Sam h. Cook, as fixed by law, will exceed
all the totals OF previous years by a wide
margin.
By far the greatest amount Of the
money which has gon into the capital
stock figures of the corporations in the
past u months has been in the class OF
mercantile industry. Yet Missouri, which
has become known as a mining state, has
seen several millions of dollars invested
in mining during the past year. Other dis
trfcts toan the great Joplin region, which
produced $S,O0,uO0 worth of ore since the
beginning of the new century, are be-
coming noteworthy for their mineral re-
sources, and are being inv sstigated with
Missouri. cash. The discovery of oil in
several counties of the state last summer
led to the formation of large oil compa-
mics for the exploitation of these fields.
There has also been some railroad build
ing in Missouri recently, as the large in
creases of capital stock of the estab-
lfshed companies will show. The numbe
of state banks has been greatly
ed and at the close of the past year there
was more money in the banks than there
has been in many years.
That Missouri has prospered in the past
year in the trades and possessions other
than agricultural there can be no doubt,
as every evidence tends to show, accord
ing to the sworn statements of the cor
porations themselves on file in the state
departments.
St. Louis has shown the greatest awak-
ening in business circles in the past few
months, due, perhaps, to the vast field
for future possibilities, which will be af-
forded business concerns In that city at
the coming OF the Louisiana Purchase eel
ebration, to be held in the year 1903. The
entire total of trust company figures be-
longs to st. Louis alone and presents an
EXHIBIT which to the average Missourian
Is phenomenal.
The following matter relative to corpo-
rations formed in Missouri during the past
Il months has been obtained from official
documents filed in the Office of the secre-
tary OF state for Missouri, and in a ma
1ority of instances shows an increase
vastly in excess of any previous year.
More than 5000. 600, 900 has gone into cor
porations in the way of new companies
and increases in capital stock of old-es-
tablished ones within the past year. The
following tabular statement for the year
1901 Is interesting:
Total number of certificates of
incorporation issued ........... 1,02S
Total capital stock of mercan-
tile corporations ................$ 81, S4S, $50
Total capital stock of mining
corporations -. .... .......... 9,416, 92O
Total capital stock of oil COR
-porations ....... ............. 7,56o,O 900
Total capital stock of railroad
corporations 49,. .............. %, $40, ON
Total capital stock of bank cor
porations ...... .. ...... .... $40, OOt
Total capital stock of trust cor
porations 1900. ................ II, 300, 900
Total capital stock of telephone
corporations ...... ............ 525, a25
Increases of capital stock
Mercantile corporation increases
over decreases .......... 800. 1897, 900
Mining corporation increases
over decreases ................ 1,1s6, 800
Railroad corporation increases
over decreases i. . .............. S1,4oO, 900
Telephone corporation increases
over decreases ................. 2,o42,S 800
Total ...... ................ 1912. 167, 915