New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1891-01-07
NEW ULM INDUSTRY
rhe Record for the Year is a Splendid
one. - ..s:z~
In every Branch Of Industry are the
Signs Of Prosperity.
Inc Mills Alone Tell a Story Of
Lots of Business.
over 1,575,000 Bushels Of Wheat
Ground into Flour in a Single
Year.
This Means 285,OOO Barrels of the
Worlds Best Flour.
The Mills paid out $1,150,000 for
Wheat.

] Verify. the year 1890 has been great
one for New Ulm. In every line of
ousiLess there 2has been evidence of
prosperity, and our manufacturers tell
II unusual success. The figures which
we have compiled are taken from the
books of the firms mentioned, and, while
they may afford surprise to many, they
are nevertheless authentic in every re-
spect. Everywhere else we have heard
complaints of depression, but as one
Ooks back over the record of New Ulm
or the year just past, he can see mani
old reasons for congratulation.
THE MILLS.
. The mills of course take the lead in
New U!m in the way Of manufactures.
They have all been having a hourishing
trade. and New Ulm flour is daily gain
pg reputation throughout the world
mat is held by none other. Statistics,
therefore, as to the amount of business
done ale not only interesting, but even
startling to anyone who is not engaged
IN buying wheat or turning it into flour.
AS stated above the mills have ground
turing the past twelve months the
enormous sum OF 1,375,OO0 bushels of
Wheat or 284, 400 barrels of flour. For
his wheat there has been paid S1,14O,-
pc. TO carry on such a business, of
'ourse, requires an immense amount of
money, and close estimate places the
ptal capital employed in the mills of
be city, including the Elevator Compa.
ly, at S575,000. The running expen-
es are proportionately large. For in
tance the total wages paid by the
hree large mills fer 104 men during
be year amounted to $s54,5OO, the total
reight paid reached nearly 1886, 900 and
be amount laid out for packages, bags
md barrels was about $SO.OOO. The
property of the mills is valued at $780,
100. .~....
Individually the Roller mill ground
:S5, 900 bushels of wheat, or it's euuiva-
ent $4,000 barrels of -four. 1t also
ground 2,115 tons of feed. The Eagle
pill ground 7l5,OOO bushels or 142,5OO
hrrels of flour and 1851 tons of feed.
While from 425,000 bushels of wheat
he Empire ground 10000 barrels of
tour and 4,25O tons of feed. The
Eagle employed 55 men and paid
s29, 500 in wages; the Empire employed
% andpaid Sl3, 800; the Roller employed
- and paid $11, 800. The Roller ships
to Iowa, Illinois, the eastern
states and to England, Scotland and
ireland; the Empire to Iowa, Illinois,
Nebraska, Missouri, New York, Penn
Sylvanla and Great Britain; the Eagle
70 Nebraska, Iowa, Wisconsin, Illinois,
Missouri, Kentucky, Tennessee, Louisi-
Ina, Indiana, Ohio, New York, Mary
and, Virginia, West Virginia, District
II Columbia, Pennsy lvania, New Jersey,
Delaware, Michigan, and all Of the
\ Northeastern States. also to England.
scotland, ireland and Holland.
THE ELEVATOR COMPANY.
Perhaps there is no other concern
outside of the mills that does so much /
usiness and handles 50 much money
$ the New Ulm Elevator Company.
his corporation has been in existence
My six months, since July 1, 1890, but
4 that time it has bought 183, 1876 bush
Is Of wheat, $4,000 bushels Of fax.
,210 Of barley and 2o,71o of oats. The
1heat has all been sold to the New Ulm
'ills, but the flax and barley is all
hlpped to Chicago and the oats to st.
'aul The COMPANY EMPLOYS II mon