The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1911-08-29

the purposes and organization Of the
company and describing its plants and
properties The aim of the publication
is not to exploit the corporations pro-
ducts, but to tell what it is, why and
how it was organized. and what it is
doing. Following are some quotations
from the booklet:
Profit-money making-is the OBJ
vious reason for the organization of
every commercial undertaking. But
this belief in, and desire to develop
the opportunity for profit in given
business must-if the belief is sound
and the desire is honest-be founded
on the service it is proposed to rem
der IN exchange for the expected gains
of the enterprise.
Any new development in an old in
dustry must, in order to be successful,
do something different, do something
better, supply some actual need.
The International Agricultural Coz
poration, organized in July, 1909. was
founded on the belief
That the chemical fertilizer industry
in the United States, upon somewhat
revised lines. afforded the greatest of
commercial opportunities.
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 farming
community was awakening to the nee
essty of it's increased use, renewing
the fertility of depleted soils and dou-
bling 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,
would not be long in securing recog-
milton.
With these definite purposes in mind,
the International Agricultural Corpor-
alton has invested s1S.000,00O of its
authorized capital of $36,000,000, and
for every dollar of stock issued (both
common and preferred has obtained
tangible assets in the form of plants
and properties, necessary in carrying
out it's plan to realize for its stock
holders and the consuming public the
benefits of an organization equipped
with ample resources of raw materials
and adequate manufacturing facilities
so placed over the country as to secure
the most economical distribution of it's
products.
No bonus of either common OR pre-
ferred stocks was issued for brands,
trade marks, patents or goodwill.
There is, therefore, no water" in the
corporations capital.
Gathering the Raw Materials
The organizers of the International
Agricultural Corporation fully realized
that they must secure adequate sources
of crude material supply, namely
phosphate, rock, sulphuric acid potash,
and ammonia tes-in order to produce
at lowest cost complete fertilizer. con-
tanning in we'll balanced proportions
the nitrogen tammonia), phosphoric
acid and potash necessary to plant life.
Carrying out its plan of operation,
the International Agricultural Corpor-
alton purchased AZ. .00O acres of phos-
phate lands in Florida, and also Sc
cured the largest portion of the brown
rock deposits of Tennessee.
The present yearly output of the
mines owned by the corporation is
fully one-half of the total of land
pebble product from all the mines in
the state of Florida. Electrical en-
ergy for pumps. washers and transpor-
tation, oil burning dryers, concrete
construction for dry bins, thirty-si>
miles of railway. conservation of wa
ter supply and scientific management
in every detail of its operations are
among the factors that enable the In
ternational Agricultural Corporation!
properties to produce land pebble phos
phate of all grades economically.
All known phosphate deposits of i'm
portance have passed from priyat.
owners into the hands of mining com
panies and their present valuation l.
far below their ultimate value
Sulphurfc Acid Supply
Instead of manufacturing its sui
phuric acid from pyrites, as is Gus
tomary. the International secured
ten-year contract with the Tennessee
Copper Co., of Copperhill Tenn, an,
with the Ducktown Sulphur, Copper
Iron Co, Ltd, of Ducktown. Tenn, fo
their total output of sulphuric aci6
which it has been stated by the pro
ducers will exceed 100000 tons of 6
degree acid annually.
By means of tank cars Goo are i
service at the present time) this acid
transported to the various works c
the corporation, and employed in man
ufacture.
Could Supply Americas Potash for b
Years
At the time of organization of til
International Agricultural Corporate
an opportunity was present to bu
on favorable terms one of the mos
valuable of the German potash mine
the Kaliwerke Sollstedt Gewedl
schaft This purchase was affected b
the outlay of s4,00o,000, for which tt
corporation obtained a property est
100000 tons of potash salts,
which tmaking allowance for vast
ere) about 10000, 600 tons-equal
100000 tons of pure potash, E2O-
should be available for mining. On II
basis of last years consumption
100000 tons tK2Ol the entire Unit,
States market could be supplied fro
the SolIstedt mine for a period of 5
years The mine has a strictly mo-
ern plant, which alone cost more tbs
$2,500.O60 1t has 4 present capaci
of about one-third the annual co
sumption of the United States. and
being enlarged.
The only advantage of one pota
producer over another is to be gain
through favorable location of t
property quality of the deposits, al
equipment for economical producti
on large scale
The Sol1stedt mine has all these a
vantages. and a larger allotment tn;