The Daily soliphone. (Paragould, Ark.) 1???-1911, 1902-05-07

90 a prosperous business. Ou re-
member, in January, 1901, one of
our banks, the Greene County Bank,
failed on account Of the alleged short
age of the cashier. In less than six
months new bank, with $50 900
paid-up capital, took it's place, and
the failure of the old bank has passed
as dream. The directors and stock
holders met every obligation against
them, every depositor was paid in
full, and 10 customer or creditor
lost one cent.
"The extension of the Paragould
Southeast stern railroad from Horners-
Vile, the present eastern terminus, to
Blytheville, in Mississippi county,
will add greatly to the prosperity of
Paragould, and it is the ultimate
intention of the management to push
it Oh to West Memphis. This little
road, though q short line, is one of
the most prosperous in the South. 1t
is owned largely by Paragould cap
italists.
With tne Iron Mountain and the
Cotton Belt intersecting at Para
gould, we have good shipping facili-
ties. but the town needs a western
outlet, which will come sooner or
later. A line from Newport north,
extending along the edge of the
Cache river bottom, crossing the
Frisco at or about Sedgwick, is pro-
jected and charter will be applied
for. This new road is headed for
Paragould, and it is rumored that
the Frisco had a hand in the move
ment. 1t is only question of time
when the Frisco will find it profita-
ble to run a line to Paragould from
some point on it's Memphis and
Kansas City branch. Such line
would add one thousand population
to Paragould in less than a year.
The Cotton Belt is preparing to build
a substantial brick depot. The
plans have already been adopted,
and work is to begin at once. The
building is to cost SIS, 900. A haud-
some union station, to be built of
pressed brick or stone, is also among
the early possibilities. The Para
gould Board of Trade recently took
the matter up, aud, through their
president, Mr.. A. Bertig, submitted
a proposition to donate to the rail-
roads the value of the old station if
they would build modern one,
equal to the Importance of the town
and the increasing traffic of the
roads. The proposition was accepted.
The Cotton Belt is acquiring con-
siderable property just outside the
incorporated limits of Paragould, and
it is an open secret that the progress
sive management of that road is
preparing to spring surprise on
our people that will make US happy
and some body else sad.
"Real estate is advancing in Para
gould every day. Lots that two
years ago went begging for $500 fad
now eager purchasers for $1,000.
New houses are being built in every
portion of the city, and brick blocks
are under contract for the summer.
The Pratt Pressed Brick Company
of Rector has moved good portion
of its plant to Paragould, and will
manufacture millions of pressed
brick for the summers boom in
Paragould and the contiguous terri
tory,
'How about the Soliphone?"
"Modesty forbids my saying too
much, but it is keeping pace with the
times. Our daily now ranks with
the best inland dailes in the state,
and is daily reminder to the world
that Paragould is not sleeping. A
newspaper can be no better than the
town from which it derives it's life.
Ten years ago printed a newspaper
in Paragould on Washington hand
press, a four-page sheet, with two
pages patent. We now use cylinder
press, propelled by an engine. and
print an eight-page paper, no patent
aud are doing business fully five
.;r,oc nc rraof &c upIor tho old