82 The Phosphates of America. 



Kame. Address. Capital. 



Lake City Phosphate Co Lake City $100,000 



Little Bros. Fertilizer Co. , South Jacksonville 100,000 



Madison Phosphate Co Madison 50,000 



Magnolia Phosphate Co Gainesville 50,000 



Marion Phosphate Co Savannah 5,000,000 



Marion and Citrus Phosphate Co 200,000 



North and South Alafia River 



Phosphate Co 360,000 



Ocala and Blue River Phosphate 



Co Ocala 780,000 



Orange County Phosphate Co Orlando ... 10,000 



Panasofkee Phosphate Co Ocala 100,000 



Paola Creek Phosphate Co Bartow 150,000 



Peninsular Phosphate Co Ocala 200,000 



Standard Phosphate Co Orlando 500,000 



Standard Phosphate Co Ocala 2,000,000 



Stonewall Phosphate Co Jacksonville, 500,000 



Waukulla Lumber and Phosphate 



Co Tallahassee 10,000 



Waukulla Phosphate Co Crawfordsville 10,000 



Wekiva Phosphate Co Sanford 10,000 



Zeigler Phosphate Co Ocala 25,000 



Columbian Phosphate Co Jacksonville 



Land Pebble Phosphate Co Bartow 



This list is, we repeat, only a partial one, and the number of 

 companies is increasing daily. If, instead of the meaningless 

 "paper capital" which most of them represent, fifty -odd millions 

 of dollars were really at stake, the fact would excite serious anxiety. 

 We should be compelled to show that the amount of phosphate to 

 be mined and disposed of at a profit in order to pay a five-per-cent. 

 dividend on the investment would surpass the total consumptive 

 capacity of the entire world. Fortunately no such question is nec- 

 essary; we know that the " capital " is merely nominal; that many of 

 the companies are mere " mushrooms," and that, in brief, this phase 

 of the question will regulate itself. 



From all that has preceded it will probably have been gathered 

 that, in our opinion, Florida phosphate-mining will prove extremely 

 profitable to those who purchase and work its fields with judgment,, 

 but that it will as certainly turn out in the highest degree disas- 

 trous to those who purchase on insufficient or incomplete examina- 

 tion and allow themselves to be led away by their excited first im- 

 pressions. The interior of the country is still practically unsettled, 

 and travelling is attended by some difficulties and much inconven- 



