The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-05-29
MORE EASTERN CAPITAL
SEEKING INVESTMENT
Chamber Of Commerce Hears
From Number Of Institutions
Desiring Location

Never before IN the history OF
CO ssIe has the outlook for property
owners been so bright Great strides
have been taken BY the capital city
within the past two years IN making
Ibis the manufacturing center Of The
state. When the furniture factory
commences operations here, which
will be within sixty days. this city
Will have three OF the largest manu-
featuring institutions In the state.
There win be employed nthe Pio
neer Cotton mills the Southwestern
Iron foundry aud IN the furniture fac
Tory 800 persons with pay roll OF
$4,000 week. All these institutions
have been founded and are owned
practically by Guthrie capital.
Several Guthrie capitalists ait tfv
mass meeting laat nignt stated that
as soon as construction wOrk Ii com
meneed ON The Mountain Valley anl
PlHina railroad, which must undes
the contract be started by next Feb
ruary. they would be ready 20 found
other manufacturing institutions N
he capital city Guthrie rs peculiar
" adapted FOR manufacturing indua
tries and with the splendid railroad
facilities Il can be- nade one OF the
greatest manufacturing oenters IN the
southwest anl II as much progress if
made tn The future Ia securing fac
orles as during the past two years
this will be q city Of $4,000 people
within ten years in the opinion Of TIC
owners Of the manufacturing Indus
,rles here today
Foundry May Again Double Capacity
The directors of tho Southwestern
iron foundry are again seriously con
sIdefing the proposition Of again
doubling The capacity of the plant
which already been proven 70 b.
lhe most complete foundry IN the
southwest today. The company is
doing q tremendous business through
lut the state and does casting worh
fOr practically every railroad IN Ok
ahoma. Much Interstate work Is com
ms IN lately and the foundry Is belnf
worked "a ita fullest capacity, force
)f 100 men being now employed, Il
lurlng the day and the balance a
light. The weekly pay roll runs {
lyes $1,000, The company hal
doubled ils capacity within the pas
two years and declared over PEI
cent dividend month 10 the stock
holdefa even while these improve
nents we're being made.
Secretary Rays0n. Of the chamber
IF commerce, reports inquiries iron
manufacturers In the East every dal
about Guthrie as factory center
Many factories are seeking admis
slUn TO the cgpial city A hlg fac
tory from Ohio and an automobile
factory from g. Louis are 70 be SC
cured soon by the chamber OF com
niece. The building activity OF tn
iapltal city stll increases Cltlzeni
who have lived here for years with
1ut owning home are now bulldlnl
and those who have money 10 inves
are putting u into rental property
Nearly all Of the hlg Improvement
me being made with home capital
Postal Receipts Show city's Growth
That Guthrie is improving Is ala'
shown 10y tho receipts of tho uuihri
postoflice which are increasing q o.
enormous rate
The comparison Of last month an'
his shows that there Is an approx
mala gain OF over $500. while Apfl
II 1908 as compared with April @
ibis year shows g gain Of si22Se0 O
a gain % 20 per cent
'The total gain Of the year 1870
over that Of 1907 Il $4,000 and Il |
etiGnated that the gain this year VII
exceed that Of laat year by g70OO
Postmaster Mccoy says there Is q
exceptional amount d money ordeg
belng sen from this city which IN /
self shows there is capital coming u
10 the city. As for new carriers,
| d stated that there viii be three ads
ef to the force In the next ieW week
Is the outlying dlstFlcts - almof
Impossible 10 reach With the alfead
Increased force
Fort enllsh and Western TO Extend
Il It is reported from an aulhenll
0uree that the head officers Of IN
( Vt. Smith and Western railroad af
n Rev York CITY for the purpos
l1f raising money 10 extend The r0a
from El Reno goo miles southwei
nto New Mckee connecting With h
T. Worth ami Denver rosd now
part af lhe great It'll asateui
N A prominent Fi snllh ana Weslef
.lnitorney stated today that the f0a
lWuuIa a0i build 4 line from praKu
No 0klahumn cllN Tho railroad pF