Devils Lake inter-ocean and Devils Lake free press. (Devils Lake, Ramsey County, N.D.) 1905-1909, 1907-05-17
81 PER TON LESS

Northwestern Cooperative Coal and
Dock Go. can Save You Money
Jas. F. Losing has been in
the city during the past week
looking after the interests of the |
Northwestern Cooperative Coal |
and Dock company at Ashland,
Wisconsin.
This company is run strictly
on the cooperative basis and
has secured thousands of dollars
from the residents Of Nebraska,
Kansas, Wisconsin, Iowa, Min
nesota, North and South Dakota,
in which seven states the heavy
stockholders live, but considera-
BILE stock has been subscribed
for as far as Oklahoma.
A mammoth dock, 400 feet
by 34OO feet, has been built at
Ashland, and the company is
preparing to handle large bulk
of the coal business of the north
west.
The plan of the company is as
follows: Shares sell for $100
, each, and each stockholder is
entitled to receive his coal for
five years at actual cost, which
, means a saving of about 81 per
! ton. This saving will in two
years time save the ordinary
! consumer his price Of the stock.
4 4 AS an investment it is ranked
: by some of the best business
! men as among the best, and they
: have backed their judgement by
lump investments Of 81, 900 to
Il $40, 900 on which the company
: guarantees six per cent interest.
i The company intends to builo
:; several distributing houses, fol
d which purpose Mr.. Losing is in
r this city endeavoring to secure
e subscribers enough in this COM
e munity to warrant building large
sheds here to handle the coal.
Q At Ashland three hundred
l subscribers purchased over $40,
l 600 worth of stock, and among
e those investing were doctors
o all the business men, corporatet
r companies, associations, an<
I newsboys whom Judge Cochren
e who himself put in 10000 as al
y investment, had advised to in
"a vest their savings. Fargo, thi
1t state, has subscribed $35, 900.
IS This company is organize,
st with capital Of $500, 900, an,
y was fortunate in securing tn
ct services of R. B. Hardy, form
ally president of the Pittsburl
and Indiana Coal company, VIII
>, is now president Of the new OF
ganization.
1t has been stated that tn
,, North Dakota coal trust boaste
H. that they would spend So, 00O,O 90
to break up the new organiza
tion.
'e This cooperative company
C. just what the northwest needs
l. They buy their coal direct fror
= the mines, and handle it in sucl
, large qua ntities that the cheap
est transportation rates are re
u ceived. Presiden t Louis Hill o
= the Great Northern has promise
a to assist them by making rate
: extremely low to points in thi
g state.
ID Now is the time to act.
m special meeting will. soon b
[y held, which WILDE extensivel
Y advertised, at which time it vii
[y be decided whether or not thi
)f city wants to make this a dis
d tributing point for large quar-
le titles Of coal, and whether q
IS not the people in this communit
le are satisfied with paying abou
to 81 more per ton for coal than i
necessary. >...
st This will surely interest every
y one. Fuel is an important iter
II I in this state, and an opportunit
St is now being offered the publ
1t to decide whether or not The ez
al listing conditions areto c ontinue
d or whether we welcome a com
10, pany which is mutual in its $iT
:. terests. v. &. /. .s5> Z ..zz
!, =; High SChool.Deaf School Meet
The track meet held last Sat