Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1902-04-17

cal community, as Il can be backed by
millions with headquarters in the city OF
New York. small mill costing not over
$500 for the machinery set up and ready
for work, and driven by a Is II. p. engine
will press out just as many gallons OF oil
per ton, and make just as nice meal and
hulls. and the products sell for just as
much money 70 consumers. as II $4,000
had been invested in the plant. The only
difference is in the capacity Of the ma
chimes. these small plantation oil mills
have a daily capacity OF FIVE tons OF seed.
OrNS30 bushels. A ten ton mill costing
about $500 set up for operation, will
crush eco bushels Of seed daily. I am
constantly in receipt Of letters from far
mers in different sections who are be-
coming interested in these small plants,
and they are being erected and successful
~ operated i've and eight miles In the
country from the railroad. The oil is
hauled to the depot In barrels and there
transferred TO the tank cars Acid and
potash are purchased and all the fertil-
izers needed are mixed at the small plant
with the homemade meal. and the sur
plus meal. together with the bulls are sold
for cattle feed or shipped to meet the de-
mand from other sections. The invest
ment Is small and the profits on the bust
ness done is necessarily large.
oil Mil Products.
For two years I have actively agitated
through the columns OF The Semi Weekly
Journal and In my public addresses before
farmers in different sections this system
OF cooperative ginneries and small oil
mill plants as a solution OF many exist
ing troubles with which they have to
contend.
Those efforts are now beginning to bear
good fruit. IT will ultimately lead 70 a
n he In
the handling and sale OF their cotton, as
well as the handling OF their cotton seed
products.
This is the great end 70 be desired and
its fulhllment will mean the dawning OF
a new and brighter era in southern agri-
ed on the cotton seed oil situation, that
we may know just how to figure on the
proposition OF a cooperative plant
Good. dry seed will ordinarily turn out
into the by-products as follows: Forty
two gallons OF oil. rs pounds of meal, 1000
pounds of huils and linters. The value OF
these products at present prices are as
follows:
q gallons oil, at ssc. q. d. .sl5.f2
rs pounds meal. at s.5.............. sos
600 pounds hulls and linters, at &c.. $50
Total. -. -. 49,. .s2s.ss
The average price for seed this season
has been sl4 per ton. The cyst Of working
800 and freights $3.50 per Nton, run the
cost OF handling the seed at the mill up
10 $3.50 per ton. Deduct this from gross
value OF the products and we have net to
the mill Of Sis cents on each and every
ton handled. Nearly all the mills handled
on an average OF 1000 tons each which
makes a net profit to the stockholders of
the mill OF at least $4,000. The average
mill now in operation cost about S25 900.
rfrr nF e.
holders in these. mills this season OF about
50 per cent on their investment. Some
mills I'm favored localities have made
enough money this season to pay the orig
inal cost OF erection. Il is generally con-
ceded that all the mills will net $500 per
ton. This has been fortunate year for
the mills. the best they have had in some
time. though the profits in the oil mill
business are always good, II the manage
ment Is properly handled. II has been in
timated that the trust people will endeav-
or 70 shut out local mills and retard the
building OF new ones by a system OF COM
petition which will force the local mills
TO operate at a loss for a year or two
Whe.-er any such scheme will be brought
forward or not II is too early now TO find
out.
The agitation OF the small cooperative
mill in which the producers are now be-
coming interested. is giving the trust peo-
pie more trouble than all things else COM
blned. II presents proposition which
they are powerless to go up against or
overcome. The investment in these small
plants Is so small. they can be supplied
~ the seed raised in their own immediate
neighborhood, the farmers who raise the
seed can utilize the meal and hulls, and
the oil Is always I'm demand at good prices.
These facts present the keynote to the
situation. II is proposition which today
imperiis the millions OF dollars invested
In oil mills and fertilizer factories all over
the south during the past few years 1T
Is the same sort OF a proposition which
Is today giving the big square bale COM
press trust. the jute bagging and tie
trust so much trouble.
The. latter combines see that improve
ments have been made in the system OF
haling cotton. by which the staple can
De compressed at the ginnery and shipped
direct 10 the spinner, and that cotton is
covered~with cotton bagging instead OF
'Jute. Naturally these interests which
have controlled and dominated the cotton
Industry OF the south for so many years