The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1913-02-27
BASKET FACTORY
As AN INVESTMENT

| members or the carter county Fruit
Gro Xers Association TO build equip,
maintain and operate a basket fac
tory in this city, seems to be abou-
to reach a successful culmination.
Mr.. II. T. Hunt and Dr. J. +. Sou,
together with Writ Franklin and ID
number of others who have made Il
careful study Of the matter and
thoroughly familiarized themselves
with every detail of the business and
who arc, in addition to all, per
fectly acquainted with the fruit sit
uation in this county. find that il
seems to be assured that the factory
will not only pay a profit to those
who own stock in it and operate,
but that it will save the fruit grow
ors and shippers of this county and
vicinity a neat sum in their annual
expenditures for baskets in which to
ship their Elbel\ls and other fruits
Last season demonstrated to the
satisfaction of all who had fruit TO
sell that the local market Of this
city could not give even so much as
| Il look in in the matter of handling
| the tremendous number of bushels
| of peaches alone which this county
produces. 1t also demonstrated that
tesides being a most unsatisfactory
means the matter of shipping in
baskets from outside places was eX
pensive in the extreme, as well as
being most unreliable. The freight
on the matter of naked baskets alone
as the receipts from last seasons
shipments show, averaged right
around two hundred dollars per car.
| This amount will be saved to every
Carter county farmer who buys the
finished product of the home manu-
! factury.
Besides this saving to the home
shippers and the affording of safe
and sure means of getting the peaches
and other fruits of southern Okla.
homa to the markets of the east
and north, the basket factory viii
return a good and profitable return
On the money invested in its build
ing and equipment.
As previously stated herein, those
who are fostering the factory idea
and pushing it through to 4 success
full ending, have made close and
a careful study of the business pos
Utilities connected with the enter"
rrise. Mr.. Hunt, for instance, has
visited different points in TeXGs
where such factories are in success
lful operation and has found that in
every instance these factories are
paying big returns on the original
capital invested.
The factory at Marshall, TevaS,
was started with capital stock OF
twenty thousand dollars. This
stock was subscribed by local par
ties. including a number of orchard
lists In addition to this stock, the
/ Commercial Club of the city donat-
cd and gave the enterprise lanes
whereon to erect the factory. This
plant is now entering upon its fourth
year and the history of every year
shows that it has been a financial
success ever since it was first start
ed. IN the year 1911 this plant eX-
pended upon improvements-enlarg-
ing the plant and adding to its facili-
ties-seven thousand dollars. Ate:
doing this the stockholders were
still enabled to declare a fifteen
per cent dividend. In the year 1872,
inst past, the stockholders of this
same plant expended two thousand
five hundred dollars in the matter
of improvements and in the enlarg-
ing of the plant in order to be pre-
pared FOR the increased demand for
| thcir products, and declared a diyi-
dcnd of twenty five rer cent.
Mr.. Hunt, Mr.. Franklin, DIR. Sor
aud others, who are Interested ia
The Ardmore Basket Factory, and
who are also members of the Carter
| County Fruit Growers Association
and heavy Elberta shippers, state
that this enterprise will be capital
ized at fifteen thousand dollars.
Shares are being subscribed to at
the present very rapidly. The pri e.
per share has been fixed at the very
reasonable figure of ten dollars each
and at the present writing approXi-
mately eight thousand dollars of thsI
proposed capital stock las been sub
gcri6ed for. 1t is the intention OF
these gentlemen to push the balance
uf the shares through so that all
preliminary steps in the matter of
incorporation, etc. may be taken anl
the machinery installed and tie plant
81, Af I'll