Fergus County argus., 1890-04-10
FIGURING Mill Prospects.

Mr.. lI"iensack, secretary of the board "f
trade is in receipt of another letter from
Mr.. stiles, one of the gent lemen Who IL max
ing inquiries ia relation Ia the ilouring mill
project We publish b-low his letter in full
so that those most Interested can see what
is required and What must bc expected ts
secure II good plant. This letter states the
situation very clearly and shows that n
considerable quantity sf wheat must he
raised each year to warrant the erection .f
a mill. II is also quite probable that u
bonus w.uld have Ia he raised by those in
teresteI I" make it an indncrmcnt for -
man to engage in the enterprise. II will lac
noted that the writer thinks we'll of the
samples of wheat scut him.
MoNRoE. Mich. March 81. $50.
Mr.. Iobensack. Lcwistown. Mont. u am
in receipt of your letter, also samples of
wheat. fully note all you say regarding
the erection of "A flour mill in your town,
aud have no doubt that in time u mill
could be made to pay. but from what can
learn from you aud Mr.. spaulding ! have
about come to the conclusion that for the
present at least it is Impossible to secure
u sufficient supply of wheat to warrant the
venture wholly on my part and without
the people OF yeur town and county willing
to assume some Of the risk, which, situated
as you seem to lee, I should thiak they
would he glad to do. that is to say. it would
seem tn he a wise thing ON your part to
offer "a liberal bonus, either in wheat or
cash. to a I,arty who would be willin. to
build and maintain a first class -four mill
of 80 to a. barrels capacity. the bonus to
be paid when the mill WAS completed and
ready to run.
Now. my reason for claiming this bonus is
this: II you consume, as you say, 10000
sacks Of flour per year. at an average Of
$3.50 per sack, your people could save
one-half of this money in the way of re-
duced c"st of Hour, which would amount to
10000. And this would not he all. The
mill would establish IA market for your
wheat at fair prices and good grain mar
het " Nut vi VI
and no doubt would be in Lewistown. So
you see you have everything to gain by the
erection Of IA mill, and the man who builds
and maintains the property has only the
chance Of conducting IA business that would
be- at the best. only fairly renunerative,
and then he has to run the chance Of the
people raising wheat enough to supply the
MILL and in ease your people conclude that
stock raising is more profitable than wheat
raising what would become of the man
with the mill?
II I could he assured that ! could secure
30. OOO bushels of wheat per year delivered
in Lewistown would not hesitate to chance
the venture ON my own account. but il
don't look rs il ] could secure one-thirl ~
thi. amount the coming year, aud "a mill
that is to cost SIOOoO or SI2, 600 cannot
afford To stand idle for the wheat to lee
grown.
Now as to the quality of your wheat. IL
the samples are AN average quality, am
quite sure that with the mill should build
I could turn out flour equal To any in the
United states. ! believe the wheat to lie
of excellent quality, and the only question
with me is will IL lie raised ~ sufficient
quantity to supply - mill of the above
capacity
Now, Mr.. IIol.cnsack in ease the party
from Wisconsin you speak ri does not con
clude Ia 90 into the matter and your peo-
pile will either give bonus Of say S:;.""in
cash or wheat when the mill is ready to
run. which ! think they can we'll afford io
do. or Il they prefer To- take stock 1" the
-xtcn, uf say S-,ooo, will come out aud
look the maiier"ver AMI il ia my Judgment
il will prove profitable ! will undertake te
erect u mill. and il ] d" can command all
the funds necessary To stock the mill. Let
me hear from you again.
Yours truly.
tYRUs SILEs.