The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1911-09-08


pamphlet Just issued by the Inter
national Agricultural Corporation
setting forth the purposes and or
ganization OF the company and de-
scribing its pants and properties.
The am OF the pubncation Is not
to exploit the Corporations pro-
ducts. but to tell what II is, why
and how 1t IVES organized. and what
liz Is doing. Following are some
quotations from the booklet:
Probationary making-.is the
obvious reason for the organization
|of every Commercial. undertaking.
But this belief in, and desire to de-
yelopc the opportunity for profit in
a given business must-if the belief
is sound and the desire Is honest
be founded on the SERVICE II Is
proposed to render In exchange for
the expected gains OF - enterprise
Any new development in an old
industry mast, in order TO be sue
cessful. do something different. do
something Letter, supply some ac-
tual need.
The international Agricultural
Corporation, organized In July,
l909., was founded on the belief
That the chemical fertilizer in
dustry In the United States. upon
somewhat revised lines. afforded the
greatest of commercial opportuni-
ties.
That the fertilizer business to be
continuously successful must be
based upon ownership Of the sources
OF the crude materials required.
That the present was the time to
undertake such a work, because the
vast increase in the consumption Of
commercial fertilizers. year BY year.
clearly demonstrated that the farm
ing community was awakening TO
the necessity OF its increased use,
renewing the fertility OF depleted
soils and doubling the yields OF
lands yet fertile.
That the company which gave the
customer better condition OF the
goods furnished. better shipment OF
goods, better freight rates on goods
shipped. world not be long in Sc
curing recognition.
With these definite purposes In
mind, the international Agrieultu-
raj Corporation has invested $751;
00O. 900 OF its authorized capital Of
s3c, 0O0. 900. and for every dollar
OF stock issued tboth common and
lpreferFedl has obtained tangible
assets In the form Of plants and
properties. necessary In carrying out
its plan to realize for ms stockhold-
ers and the consuming public the
benefits 81 an Organization equipped
xith ample resources OF raw ma
terlals and adequate manufacturing
facilities 50 placed over the country
as 10 secure the most economics
distribution OF its products.
Gathering the Raw Materials.
The organizers OF the interna
tional Agricultural Corporation full
) realized that they must secure AIDE
quatc sources Of crude material sup
Ipiy. namely Phosphate Rock. Sui
phurie Acid, Potash. and Ammoni
ates-in order to produce at loves
{ cost complete fertilizer. containing
? In well balanced proportions th'
, nitrogen lammonial, phosphori
acid and potash necessary TO plan
life.
. Carrying out It's plan OF operation
5 the International Agricultural Cor
D poration purchased $4,000 acres 0
phosphate lands in Florida. and ais
secured the largest portion o. IN
brown rock deposits Of Tennessee.
3 The present yearly output Of IN
y mines owned BY the Corporation !
|. fully onc-half 81 the total Of Ian
/, pebble product from ali the mines 4
the state OF Florida. Electrica
q energy for pumps. washers an
u transportation, oil burning dryer
y Iconcrete construction for dry bin
: shirty-sIx miles Of railway. consel
walton 81 water supply and '..scieI
y tihc management" in every dcta
;. Of It's operations are among the IA
D. tors that enable the Internati0nI
n Agricultural Corporations prope
$ ties 10 produce land pebble pho
= phate Of all grades economically.
l suiphuric Acid supply.
Instead OF manufacturing its 81
m phuric acid from pyrites. as IL Gu
y sOmary. the international secured
ten-year contract With the Tenne
'e see Copper Co.. Of Copperbili. Tenn
n. and with the Ducktown sniphu
=. Copper q Iron Co., Ltd. Of Due
/. town, Tenn. for their total outpi
Of suiphuric acid. which II has be,
stated by the producers will exec,
70 100000 tons Of SO degree acid a
vi nually.
oil ny means OF tank cars t19O a
In service at the present tipeI th
acid Is transported 10 the yario
e works Of the Corporation, and q
W lpIoyed IN manufacture.
IL Could supply Americas Potash Q
n. $50 Years.
At the time Of the organization
W. che international Agricultural ca
&c poratlon an opportunity was ~
ne scented 10 my on favorable teri
cslone 81 the most valuable of I
= German Potash Mines the Ka
scrkc soIlstedt Gewefkschaft. n
purchase was affected by the outl
ID. OF 100000. for which the G,
lie pora,ion obtained a property es