Ottumwa semi-weekly courier. [volume] (Ottumwa, Iowa) 1899-1903, 1901-07-16
.MAYCET REFRACTORY
Ottumwa Has Golden Opportunity
and Should Improve it.
4 MALLEABLE IRON MANDATORY
ottumwa Real Estate and Commercial
Exchange Now in Correspondence
With a Man Who Is Willing to Start
a Factory If Encouraged.

4,
/ [From Saturdays Daily1
/ Ottumwa has the opportunity to ac-
Guire one of the biggest manufactures
/ of its kind in this part of the country,
one which will advertise the city and
/ benefit it every day, and one which
the people cannot afford to lose. The
Ottumwa Commercial and Real Els
tate Exchange, through it's officers, ia
in correspondence with manufactur.
| er who is highly recommended by one
i of the largest malleable iron manu-
! featuring plants in the United States,
with view to starting plant OF this
kind in Ottumwa.
Wants No Bonus.
| This man wants no bonus with
which to start his mandatory. He
offers value received for the money
the people of the city are asked to in.
| vest. He is willing to take stock in
I the concern to the amount of S25,000
/ if the local capitalists will subscribe
! $4,000. This would start factory
with 100000 capital stock, and would
| be magnificent advertisement for
| Ottumwa, would furnish employment
| for several men, bring more money to
the city, cause the local manufactur
ers to spend their money here instead
of sending it to eastern factories, and,
! in every way would be of benefit to
the community.
A Good Location.
Ottumwa is good location for such
a factory. 1t is in the center of the
coal producing territory of the state,
has good railroad facilities and the
iron can be shipped to this city as
cheaply as to any other point in the
interior. Ottumwa has several manu-
factories and bids fair to secure more,
and the men who conduct these can
at once see what benefit the male
able iron factory will be to them.
There is hardly mandatory in
Ottumwa today but buys castings in
the east. This sends the money from
this part of the country to the eastern
states, something that is of no benefit
to Ottumwa, as may be readily seen.
With d malleable iron factory here
these local manufacturers would buy
their castings of it, thus keeping the
money right at home.
Should Not Lose 1t.
This is an opportunity that does not
come to Ottumwa every day. and the
manufacturers of the city should get
together on this point. make arrange
ments for the $4,000 with which to
buy the stock in the company, and en-,
, Itertain the proposition of the man
with whom the Commercial Exchange
is in correspondence, and whose name
is not made public for very obvious
reasons. There are several other To-
wa cities which are anxious to accept
such a chance, and Ottumwa should
secure it before it is too late.
Recent Progress in the Work.
Although the process of rendering
cast iron malleable has been known
for nearly 200 years, it is only within
the past five or six years that it has
reached it's present stage of perfec-
ton. 1t had it's origin in Germany,
, and the system later went to France
and England, where the malleable
castings are still produced by the old
cruclble process.
!; The Expense Lessened.
1t remained, however, for the genius
and progressiveness of the United
States to develop the wonderful posi-.
bilities and enlarge the field for this
great modern industry. by improved
, methods whereby the production could
be greatly increased and the cost vast
ly cheapened, for by conducting this
process on large scale and with a
big outlay of money the cost is re.
duced. To no other agency can be at
tributed the popularity and immense
sales abroad of American made agri-
cultural implements, than the use of
the light and efficient metal castings
in which the minimum of weight is
combined with the maximum of
strength.
{ Extensively Used.
There are some factories in Amer
. lea today working over 1000 men,
where every size and variety of cast
ing is made wherein the utility of
lightness and strength is sought. The
weights of castings run from few
ounces to hundreds of pounds, COM
prising every variety of form and use,
from hinges, locks, scissors, and the
multitude of articles in the hardware
line, to car couplings and journal
boxes of the heavy railroad rolling
stock as well as the heavy rail joints
CIV loSoAictlFS SdSliuSS. All luSd OF
the magnitude of this business may
be gained from the fact that one agri,
cultural implement manufacturing
firm buys of one factory alone castings
to the value of over 100000 for its
machines annually. The possibilities
of malleable iron factory are very
great and are growing constantly
greater, and Ottumwa now that she
an1sflt Y,if tn
: plant, should Immediately improve it
and close the DEAL