The times. [volume] (Washington [D.C.]) 1897-1901, 1900-10-19
THE MERGENTHALER LINOTYPE COMPANY.
Annual Report Of the President to the Board
of Directors

I payment extended to men OF small capital, vAs
| machine, paying its owA way. was truly bless
| ing.
| Office in America Abandoned tho Linotype dufihs
| the year. On the contrary. many plants were in
creased In every In which the six years
| lease OF the machine expired. the old machines
purchased or continued ON rental. new ma
chimes leased for six years. OF now machines puf
| chased outright.
Twelve hundred and fifty American Offices ATE
| using tho Linotype OF these SyI have ono tina
| chine each a05 two machine zach. and 40 TIRES
machines each Scores OF otiicrs contain fon, ten
| to fifteen and twenty machines. number thlfty
machines each two large tl,ilirs employ twenty
five each. another thirtysit. another MY, ana
| two siNty-seven machines each.
During the year numerous improvements were
| made In the machines and pate,aa thereon, and
other inventions Of substantial value have
come into the possession OF The company, " -
believed that the patents ~ the company are Hif
| fcient to substantially psptect ha interests aud
| to prevent the manufacture II any maohihs II
substantial value for many years to come
A machine designed tdr u larger variety ~ wpts
than the one now built. and adapted particularly
for certain expensive clHss~u ~ competition not
attempted by amy other machine. has irsn pet
fcctcd. and will lie put On tho market IN dua
time. The condition ~ thr art and THE 1rnshte
of the trade have bern carefully watched. and
stockhodrrs may rrAt assured that the company
will be prepared 10 meet any bTw JspishJs ~
conditions which may arise.
No fadi'aI changes have D''tHffv W VIZ NffFH
| featuring plant, but many notifications snd In
prOvcincrtH have been carried inn tfstt. I'll
looking to the reduction in .vst ~ n,sts.ss. ttfs
aud improvement In The quality ~ war;. M
machine built In HfpsklyT 10 i:ns,ipsltH m
workmanship. The eost ~ mshnf.etste il l'ss
lieycd 10 Dc ~ low possible under ths ssist-
ing prices Of labor AMI material. Tie e1"i tss
suits secured In this regard are sf,i1 largely ~
the fidelity and hearty cooperation o. those ,"fs
nccted with the manufacturing plant. paftciis
larry to Messrs. Randall, Bates, and Rogers and
the SEVERAL foremen. The manufacturing and sell.
ing operations Of the company are conducted
with rigid economy, and the losses from bad debts
are insignificant. It is doubted whether any other
manufacturing company has 80 small an expense
account in proportion to the volume and prohts
OF its business.
The relations Of the company with its work
men are wholly satisfactory, and it is believed
that they duly appreciate the action OF the com
pany in voluntarily shortening their hours OF
labor without change OF pay, and in contributing
to their insurance fund The attitude OF the
labor organizations toward the company and its
machines continues friendly.
The net profit from the years business was
81, oi9 1855, as against s1627, 900 in the previous
year.
There were on rental at the close of the year
LOSS machines, the rental value being sSe',6i5,
as against $751; IFS in the preceding year.
The sales OF supplies amounted to Sa92,65s,
being $4,000 more than in 1899.
The factory delivered during the year $40
chimes. being gain OF III as compared with the
year before.
The number of machines sold was 553; OF these
27l were held on rental previous to the date of
purchase.
The outlook for the future is promising. The
printing industry is growing rapidly. Composing
machines are recognize necessity. No Office
relying on hand composition, on any other
existing machine. live in competition with
offices using the Linotype.
With continued effort to keep pace with the
art and the continued policy OF acquiring every
improvement and invention Of value, the COM
pany will it is thought, retain its control OF the
field and maintain the volume OF its business.