The San Angelo press. (San Angelo, Tex.) 1897-1907, 1902-06-25
OIL MILL ADVANTAGES.
3H.lEI1Es---++44iT I
San Angelo Furnishes All The
Requirements Of a Desirable :
Location.


sition of any improvement, con-
servative business men make a
careful calculation Of the pro-
posed advantages and probable
income of the enterprise under
consideration. Business institu-
tions are founded with view to
dividend paying, and the brighter
the prospects for substantial
gain, the more readily men of
means interest themselves there
in.
In the consideration of the
proposed erection of cotton seed
oil mill, the general advantages
offered and the particular facili-
ties afforded by such an addition
are generally conceded and it is
only question of whether or not
it would prove profitable in
vestment from a purely financial
standpoint.
This fact can only be demon
strated by a comparison of con-
ditions with those existing in
communities wherein the expert
ment has proven profitable.
In the cotton growing counties
of Central Texas, you will
frequently find mills with very
limited territory, some command
ing seed from only three or four
gins. The mills are erected by
local capital and as far as we
have been able to learn the divi-
dends are entirely satisfactory to
the stockholders. The writer
recalls small territory traversed
by railroad forty-two miles in
length, on which are located six
cotton seed oil mills, two being
erected only last year. These
provide the farmers with local
market for their cotton seed,
supply them with meal and bulls
for feeding purposes and the oil
product is readily sold to foreign
buyers. If with 80 limited a
territory these mills can be run
at n profit, surely the territory
contiguous to San Angelo would
support one of considerable
capacity. The local demand for
meal and hulls for feeding pur-
poses would be much greater and
the supply would be eagerly con-
sumed by the stockmen here.
Under the present conditions the
feed has to be shipped in, or the
cattle shipped out to convenient
feeding points, involving a con-
siderable expense in either case to
the feeder. With a local mill
this money could be kept at
home and thereby add to the
profits of both the mill and the
stockmen.
The returns on the investment
being subject TO the supply of
seed and the demand for the pro-
ducts of the mill, is it not evident
that San Angelo is most desir-
able location and one that would
provide u liberal return on the
invested? The cost of
mill may be figured at $3.50 per
ton capacity and a hundred ton
mill would meet all the require
ments of this locality, for some
time at least.
Aside from the purely financial
features of interest to the stock
holders, it would add very
materially to the Importance of
the city as a trading point. 1t
would inspire the producers to in
crease the cotton acreage and re-
suit in establishing u local cotton
market. 1t would give employ
ment to number of men, who
in turn would spend their money
here and thus add to the volume
of local business. 1t would be
the means of retaining a large
amount of money that now goes
to northern points in the course
of properly preparing the cattle
for sale. In fact, it is broad
business proposition, worthy of
the careful consideration of our
enterprising citizenship.