New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1917-01-27
PROSPECTS NEVER BRIGHTER

y
and the business men of New
Iberia has never Oeen more evi-
dent than the present, since Our
little City has been incorporated
First Of all the crops Of the year
lust closed with it's handsome
returns have enabled a large
number Of our merchants to col
lect many long standing accounts
which for a time looked TO some
like it would never again be an
asset to their business. On the
other hand our farming element
who had been burdened with &C
Cumulated interest for several
years are now in such shape that
they can easily produce enough
on their farms to live COmforta
bly, until the next harvesting sea
son without paying heavy inter
est for the use Of money. This
of itself justifies the merchant to
look forward to more cash trade
during the course Of the year.
BY the middle of March our
new manufacturing enterprise
known as the Sugar Cane BY
Products Company will be under
full steam and turning out fin
ished product Of straw board "a
well as pulp and denatured alec
hOl which will be made from the
refuse of the numerous. sugar
factories located on the banks of
the Teche. This industry should
give steady employment to fifty
or more men and result also in
the acquisition OF a number of
experts taking up their residence
In New Iberia. The plant is IN
charge of Mr.. A. G. Bernard and
assisted by his engineer who ar
rived this week, they are busily
engaged sitting up several pieces
of machinery.
On Wednesday Mr.. l.. l.. Lal-
iande returned from Mississippi
wither he had been sent by the
=. l.. Renoudet Lum Der Co. to
superintend the cutting Of some
twelve million feet of timber
the first installment for the 1917
run of their large mill-under
the supervision Of Mr. George j.
Cousin. The tim Der to be tloated
here is to be taken from a large
hody of cypress timber land
owned by that corporation some
twenty miles above Natchez, and
will be foated and cribbed in
the next three weeks. From in
formation given US, the big mill
will start their saws in operation
about the middle of March.
When operating under full capa
city some eighty five people are
given employment at good wages
and many of their old employees
are now looking forward to re
sumo Their positions within few
months.
The volume of wood work being
executed by the Bertrand Lum
Der Company since they have ad
ded to their plant the necessary
machinery to turn out sash, door
and blinds is daily putting into
circulation money that was for
merly sent away for these arti-
cles. Since the enlargement of
this institution they have doubled
their force of mechanics and
many of our people are profiting
as consequence.
Then again the vast amount of
work in laying the mains for our
sewer system will give employ
ment during the dullest period
Of the season to corps of not
less than seventy or more men,
until it's ultimate completion
This will result in thousands of
dollars being put into circulation
which will come from other cen
ters and which is bound to bene-
ut the masses.
Since few of our leading bust
ness men succeeded in getting
capitalists from the outside to
8 tart the development of an oil
field near our City, and its devel-
opment is now only matter of
and time, thousands
Of dollars have been distributed
among property owners of our
Parish TO their great financial
better ment. Both the Gulf Oil
and the New iberia
composed solely of To-
cal capital have utmost confidence
n their ability to bring up the
huid in paying quantities within
he next ninety days. Recently
he Producers Oil Co. and one or
,wo other independent investors |
made their appearance and en-