The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1902-05-20


III barrels anC there transferred TO the |
tank cars Acid and potash arc purchas.
cd ana all the fertilizers needed are mix
cd at the small plant with the home
mace real, together with the hulIs are |
sold for cattle feed or shipped to meet |
the demand for 3s G.. 6 & s. ..65
the demand from other sections. The IN |
ycstrnent is small and the profits on the
business done is necessarily large
OIL Ill PRODUCTS.
Tor two wears / have actively agitated
through the press anI in my public al
GlcHscs before farmers in dicerent sec
tons this system Of cooperative gin
cries and small oil mill plants as a
solution OF many existing troubles with
which they have to contend
Those efforts are now beginning to
bear GOOD fruit. 1t Will ultimately lead
to general co-operaticn Of the p@o-
duccrs in tha h:ndling and sale of their
cotton, as we'll as 1hc handline. of their
cotton products 4
This is the great end TO BE- desired
and its fulfillm2nt will mean the dawn
ing of new and brighter era in South
ern agriculture. Tt is We'll that we keep
! fully posted on the cotton seed oil :itua-
/
figure on the proposition of co-opera~
tive llant.
Good. dry seed VIII ordinarily turn
out nto the BY products as follows:
Forty-two gallons Of Dill p pounds Of
al, LOCO pounds Of hulls and linters
/ The value OF these products at present
! PRICES ar a follows:
AZ gallons oil 81 |6c................s1 ST. -
4 123 pounds meal, at $125........ 90G
1000 pounds hulls and lint4rs. at
% cents. 49,. ........ 80
Total ........ $26.GS
????r 2,t25coiinmydG14 6l4 g &c &c
The average price for seed this sea
son has been s14 per ton. The cost OF
working $500 and freights $50 per ton,
run the cost Of handling the seed 1T he
mill up to $3.50 per ton. Deduct this
from gross value of the products and
We have net to the mill of $S.1S cents
+ on each and every ton handled. Nearly
all the mills handled on average of
.00G tons each, which makes net profit
to the stockholders Of the mill OF at least
SIC o00. The average mill now in opera
ton cost about $25. 600. This gives Il
net dividend to the stockholders N those
mills this season of about 60 per cent on
their investment. Some mills in ia
VOred localities have made enough monc-
this season TO pay the original cost of
erection It is generally conceded that
all the mills will let $500 per ton. This
has been a fortunate year for thc mills
the best they have had in some time
though the profits in the oil mill busi-
ness are always good if the manage
mert is properly handled. Il has been
intimated that the trust people viii en-
dCaVor to shut out local mills and re-
tard the building of new ones by 4 vs.
tenn Of competition which will force the
local mills to operate at q loss for a
year or two. Whether any such scheme
wilt be brought forward Or not it is too
early now to find out. II
The agitation of the small 60 operative
mill in which the producers are now
becoming interested, is giving the trust
people more trouble than all things else
. combined. It presents a proposition
which they are poWerlcss to go up
against or overcome. The investment in
these small plants is so small, they can
be supplied by the seed raised in heir
own immediate neighbcrhood, the farm
ers who raise the seed can utilize the
meal and huils, and the oil is always
, in demand al good prices. These facts
present the keynote to the situa ton. 1t
is q proposition which today inapnTils
the millions of dollars invested II oil
mills and fertilizer factories all over the
South during the past few years 1t
, is the same sort Of q proposition which
, is today giving the big square bale com
press trust. the iutc bagging ard tie
, trust 50 much trouble
? The latter combines see that improve
f ments have been made in the system OF
balipg cotton, by which the staple car
. be compressed at the ginnery aEd
, shipped direct to thc spinner, and that
cotton is covered with cotton bagGin in
+ stead of iute Naturally thoso interests
which have controlled and dominat &c
th, cotton industry of the South for Sc
many wears should be deeply disturbed
. over an outlook which promises in be
near future to eliminate in a co-opcra-
: ton Of the producers along the follow
!, inw lines. The erection Gf cooperative
cirneries and small oil mill plants, th'
>. co;rpreseion of cotton at the glnn@fN arc
:. its shipment direct to the SPINNER, h'
:, substitution Of cotton begging, th'
manufacture cf fertilizers at the srnai
< oil mill plant. and 9 general SAVING Q
< the industries ramed and at pfc5ehS II
= the control Of big combines. to the eN
n tent that the farmers will get tnelr itSi
q innate share out % the value of 'le ~
II ducts tho produce, and cease 10 pe IN
fcatstool uron which giant corporation
4 can rest, and multiply tk@ir mlltiohs
;, These are matters which are already at
# tracing the public attention Fey ar
# rGire discussed now cVeryW here he'
: Of business ard keen observation
, tfrce.. arc already lined I'D 'or tn, aat
=. tIe. and we may wei, expect lively t'mt
- for the next few years in the sraodt'