Devils Lake inter-ocean. (Devils Lake, N.D.) 1909-1915, 1911-10-06
Ever Increasing Demand for Paper
s .s.s Mades lis Manufacture a.=.:s !.
II. !. h 5..... ] Big Success s.
IMMENSE PROFITS MADE
Prelaoters OF Local Mill Have Ample
Statistics to Assure Success !:
. Of Enterprise . =

being worked out now by business men
and farmers and from every indica-
tion is going to prove successful to the
extent that before another year rolls
W. Devils Lake will be the scene Of
one of the biggest industries of this
kind in the west. The paper industry
SRerE setter returns for the money
invested than any other industry in
the country, according to good auth
critics on the subject. G-s =
A wen known Devils Lake business
man who desired to Investigate the pa
per manufacturing business, recently
communicated with several men who
were in position to know about condi-
#tions, and from S. B. Monroe, presi-;
dent of the Kalamazoo City Savings
Bank, one of the largest financial insti-
tutions in the state of Michigan, a man
who is thoroughly posted, Tie following
information is obtained = g.. r. "a
~ " Enormous profits are made in the
manufacture Of paper There is more
actual profit made in paper than in oil,
steel or rubber It has made more mil,
Slionaires, than oil, steel and rubber
combined. 81. @= =. st, " .5z55 ~. &S
IS 1.-THE american Writing Paper com
pany pays dividends amounting to over
Sone per cent. per month on capitali-
cation of $22,Ooo,oeo, the actual value
%yof whose plants: is reported to be 81
.N9e, eco leaving SIS, ,000, 900 aass watered
stock, hence the corporation earns at
least 36 per cent. on it's investment,
paid for In the form Of stock dividends
and salaries. .@ ii: ;.5s 81. +,
rs n S.'"aThe Kalamazoo Paper company
was organized with s1SO,o0o capital
stock. Today they have four ma
chine plant valued at $4,000 900. They
paid for the plant from the profits of
the company and paid dividends of ov-
er s1o0, 900 per year. Today their cap.
ital stock would sell for more than ten
times its original cost. 4 2s..:: :t5 ST E:
5 t1tsThe Bryant Paper company start
ED about twenty years ago with capi-
tai stock lot $125, 1000. They are now
operating seven machines, have a capi-
1 tM stock Of So, 900 900 ALL OF WHICH
HAS BEEN PAID FOR THROUGH
STOCK DIVIDHN- $, and their stock
u has q market value of about $500 per
share. The original inve estment OF 81
q 600 Is now worth $25, 900, and It has re-
ceived In dividends more than the orig
SinaI cost. They are paving aividends
zSof one per cent q month on capt. ALI
zation Of, s., ,00O. .0OO.
~ ss..sTi lie Monarch Paper company, a
three machine mill, originally started
with 100000 capital stock It lis now
$500, 600, paid for by stock d Yidends
and their stock is quoted At about 500,
making the mill worth over $500, ,00O W
italization.
1.-THE King Paper company Originally
started with a capital stock OF 81 81, ,000.
They now have 81, ,250, 900 and the stock
is guaranteed at $3.50 a share Thair
profits have been paid through sto;k
dividends, all within a few years, and
all made ont Of the original s150 900 In IN
vestment
l#ss' S@ z AS few years ago MIR. Bard sof the
Rardeen Paper compafly was q ma. "a
sias tend He has made enough
i'd money eAt OF the paper busin ess 70 i es-
y taA,lish q three machine book paper
al ii, q two box board per mill ,Sa$ two g
machine tissue paper mi and g ledg'
III erH coating plant The stock in these h
three companies sis worth many times
n sI,air oriafaas coas and divid dends have
boen paid as high as rs per cent. ''
5s5 other reports received bear out. ths
y staseanents made above, DO that there err
3 seems to be- no doabt5 mat the paptr ps.l
isl baa4ness pays well
The question as To het ether news +
d naasat q naper can he made from 81 #straa y y
Iltss beon raised, but when II AZ rsnleMn1 n
Il bored that news print per was man,'
3 facfuraa fYeIn straw en- tirely until fthe
q wood pulp systeIn was worked a.nls ~
aboat twenty years ago, the feasi bility
@ef nnaRafacturing from stra can hard ltalrd
~ bs question
me uson,os seI u az the DEVILS u a; 1aks S
pgguxosition have ample statistics lsle
I cyiasncs of sesS pert ma NUT actu TerS is
aa,ow that II ran bs sticc cessfnl and s1,, pso
Atstly done.