The Kendrick gazette. [volume] (Kendrick, Idaho) 1892-1968, 1910-06-03
The Idaho National
in California


National Harvester, the little combine
of Moscow, to learn that word was
this week received from State Senator
Jerome J. Day, president of the com.
pany, who has been in California for
some weeks watching the machines
sent there this spring, to the effect
that the 1910 models in their field tests
near Brawley, CAL, were entirely sat.
isfactory. Mr.. Day went to California
because he is very much interested,
both financially and otherwise, in the
success of these little combines.
Having identified himself with this
enterprise he naturally hopes to see il
succeed, but with all this those who
know Mr.. Day know that he would
not misrepresent matters. Therefore,
his telegram received Monday to the
effect that the machines are success.
full" means that they are doing the
work. This means that the Moscow
factory is once more going at full
blast trying to turn out enough add.
tional combines to fill Its orders for
the season of 1910. This ought to
satisfy those who are predicting failure
for the Moscow combine tn az 1t is now
time for them 10 pull in their horns.
Tho oop,1>,no lc
The word ''if' need be used no longer.
In the past in speaking of the machine
many said that it would be a good in.
vestment to buy stock eff" TIE ma.
chine proved alright in the field. Now
it is time tc drop that eff" The
machine is a success. 1t is not only
now working, but did so last fall, after
change was made in the wind, and
the best job of threshing ever seen by
Moscow milIers and grain buyers was
turned out, not in sack, but in a
field of half section. where every
sack was clean. flee from cracked
grain, pronounced No. milling. 1t
was said to be the equal of any re
cleaned seed wheat, and this Just as it
came from the machine. This ma
chine does not even crack smut balls,
something no other machine in the
world ever did. 1t saves over every
other machine, or method OF thresh-
ing, and means saving to the farmer
of from three to six dollars per acre
1t is really one of the greatest inven
tions. in point of Importance to the
human race. particularly the wheat
and grain growers. of this age, and
will make independent fortunes for
those fortunate enough to hold stock.
WHAT IS STOCK WORTH?
The question is often-asked: "What
is the probable value of this stock"
Judging by the history Of other sue
cessful commercial stocks, like United
Steel, Copper. Telephone, Mergen'
thaler Typesetting, Automobile, Type
writer, and thousand additional that
might be ment Toned. some say that a
thousand dollars will not be improb.
able. Mergenthaler sold for ten dol.
lars per share and now 1t is $1,000 per
share. Idaho National ought to be as
valuable, for there is more margin of
profit. Iu the first place the company
can never supply the demand, no mat.
ter how big they build their factories,
and besides they are dealing In some
thing that many people must have.
Stop and think. If 1t saves the far
mer only one dollar an acre, every
grain grower will have one. The far
mer must and does use the most
economical methods. But IN this we
are talking of an invention that will
save the farmer some four dollars an
acre. This is $500 on hundred acres
of wheat, and really $500 is nearer
correct.
The cost of making one of these
machines is but $3.50. and probably
will not exceed 5000. This leaves an
immense profit when we understand
that they will sell for $1,000. Suppose
the company makes only $500 per
machine which is Uniting If liberal
1000 machines will make profit of S.
per share, or make the stock worth, on
a basis of ten per cent, $50 per share.
The machine being now a positive
success the demand for the few shares
of stock that can yet be purchased
will probably exceed the supply. One
thing certain this stock will not long
| he e. l.