Clipped From Evening Sentinel

CPW18611488 Member Photo

Clipped by CPW18611488

 - The erection of new buildings runl the...
The erection of new buildings runl the repairing of the machinery will necessarily give employment to many men. Here is where the Powder Co. is entitled to well-merited recognition for enterprise. When any damage is to be replacd the company does not hesitate, but goes right ahead. Good wages are paid, and the number of men to be employed, no matter how large, doe3 not cut any figure. We do not know of a more prosperous institution in the State than the Powder Works, nor one better conducted. From the start the plant lias been a good paying investment. Dividends have always been paid promptly and regularly, until the stock has now a high value. Demand for the various kinds of powder manufactured is on the increase. Not satisfied with making one lor two kinds of powder, the company has increased the variety until the works are now among the foremost in the United States. The increase in manufacture necessarily means additional expense in the purchase of machinery and the erection of buildings. All of this outlay is made without any publicity. It is business with the company to spend money in improvements, for they are believers in the theory that the extension of the plant will bring resultant good returns. During its thirty-three years of ex- istence the company has distributed much money in Santa Cruz. At the works are some employes who have been there from the day the first pound of powder was made. This shows that the employes are treated kindly, receive good wages and are thoroughly satisfied. We wish there were a dozen such plants as the Powder Works in this county. Then we might not hear so much about hard times in this neck of the woods. We would "nave a continual wave of prosperity.

Clipped from
  1. Evening Sentinel,
  2. 01 Oct 1897, Fri,
  3. Page 2

CPW18611488 Member Photo

Want to comment on this Clipping? Sign up for a free account, or sign in