The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-05-26

tells me that u7or committeeman OF
equipment and technique this oean.
pany VIII - second 10 mono Ia these
United States. It will manufacture ali
sizes OF standard dseprooI safeA. vault
doors depoAit boxeA oashisrP cages.
nro doors, eto, OF the most approvod
styles and patternAS .rhsre L." said
he. IAN ever growing demand for this
GLASS OF work; In fact. IL may be most
positively asserted the safe and look
manufacturing industry Ia In Sc In
1anoy More small banks are being
created than ever before; arc insurance
policies prescribe that every person
shall carry his papers in q STANDARD
nreproof safe. II kept In the building
insured. else In oaso OF FIRE ne VIII not
De able to recover indemnity: moro
resident safes and light vaults are be-
Ing Installed as repositories for silver
ware. etc, than ever before: fire shut
tiers and fire doors have almost become
a separate industry, so great has IL
grown"
Good Paying business.
The safe and lock manufacturing
Business Is one of very high order.
It's handling brings one only in touch
with the banker, jeweier. merchant,
etc, with whom it 10 usually very
Pheasant to do business. The margin
OF profit is. as it is with most steel In
dustries, very satisfactory. The demand
now equals if not exceeds the pro-
auction. There are several sare ana
lock manufacturing companies form
ed only few years ago in the Middle
west. beginning with q very small capI-
tallzauon. now grown into million dol
lar corporations
These companies are now running at
full capacity. and If you should place
an order with one of them now. 1t
would take from n month and a half to
two months to get your order filled.
This full tide of trade has caused them
all to stiffen UP most markedly on
prices. and their profits should be very
gratifying to their management. stock
holders. etc. Safes and vaults. etc,
arc usually sold for cash. In event
they are sold by note or time payment
the ownership is retained by the COM
pany making the sale until payment is
fully made. In this wise the loss is re-
markably small, practically nothing to
mention.
To Succeed barnes,
An advantage of this new company
is that it has an option upon the pur-
chase of the r. L. Barnes Safe and
purchase has been made possible only
by reason OF the recent fire this COM
pany has sustained. The r l. Barnes
Safe and Lock Company is little over
twenty years old. and has installed
safes and vaults all the way from New
York. down the seaboard to Flor
ida. This company is now installing
the immense vaults of the First Ma
tional Bank. OF this city. II has much
work on hand besides this. but Ia sad
ly hampered by not having It's own fac
tory to care for certain details. BY 40
quirng this company's business the
new company has an excellent nucleus
of business with which to begin work.
Likewise 1t will have advantage in
that 1t can secure the services OF all
OF the skilled workmen and part of the
sales and office force. r. l. Barnes is
practically retiring from active bust
ness. but for a time will give attention
to the new company.
Richmond has manufacturing indus
tries of the higher order. but 1t wants
more of them-the more the merrier-
ana this. the newest one to get on DECK
will doubtless receive q most hearty
welcome to The ranks of the big con-
Germs Of this progressive city. 1t isl
that the preliminary work
OF obtaining a charter. etc. Will bel
this week. and the company
hopes TO begin acuve operations not
later than July /.