Saturday news. (Watertown, S.D.) 19??-19??, 1914-06-18

each year, much OF which In qualityl I,
hnd length far excels the averagel
straw from which the Russian peasant
makes the fibre which chiefly sup-
plies the. linen factories Of the en-
tire world.
The linen industry Is, comparative-
". a stranger to this country, we be-
ing dependent for our supply upon the
output of foreign mills.
The Watertown Flax Products COM
pany will use different kinds of flax
for different purposes. but can handel
any grade or kind Of flax very much
more cheaply than Is possible with
the old methods, and incomparablyl
more rapidly.
II is not its intention to engage at !
once in the general manufacture Of
fabrics, but for the present to con-
fine operations in that department to
the making of high grade of tow,
mattresses, rugs and crash and linen
towels and the supplying Of prepared
fibre (for which there is ready de-
mand) to textile mills already oper-
ating or to be established. For some
time the abundant harvest of the Wa
tertown Flax Products company will
be from the output of special products
in the manufacture of which it will
have no competitors, for it has the
only processes that can in twenty-four
hours produce perfect linen fibre.
ready for carding.
1t is calculated that the surplus
earnings will be ample to provide for
all extensions as they are required to-
meet the developments of the indus
try. SO that stockholders viii own the
whole, whatever the extent Of the en-
terprise.
! With such resources OF manufac-
| ture in Industrial lines new to this
country, and supplying demands that
are SO strictly within the order OF
common necessities, the Watertown
Flax Products company must very
| rapidly develop a business that viii
| yield splendid profits.
/ No Doubt About II.
1 The invention that is to give the
dAmerican farmers a chance to mar,
ket their fax straw and which will in
troduce for the first time into Amer
4 ican mills the making Of linen fibre
: has been perfected by Mr.. Jonas Bro
4 lin, of Watertown, S. %. 1t is partly
4 a mechanical and partly chemical
4 process and over and over again, the
Inventor has demonstrated that he
can by this process make linen fibre
fout of flaxstraw in tWenty-four hours
4 As to the ability OF the Brolin process
to transform raw flax into soft white
fibre there seems to be no doubt.
Where Line,s viii Beat Cotton.
The Watertown Flax Products com
pany viii use a raw material thai
with their processes costs about five
cents pound less than cotton. This
q gives them an enormous profit-makine
4 advantage at the start What this
means in returns to stockholders may
be determined by a knowledge Of
what the cotton mills are doing. AL
the cotton mills are coming money
iamong them they pay out $50 ,0a0. .00t
4 in dividends annually. Here are some
individual examples:
The Pepperell Manufacturing com
pany of Biddleford, Maine, started il
1888 1t pays annual dividends OF II
per cent besides extras on a capital
Eof $2,556, 900 and has a surplus oil
50. 1880 almost equal to its capital
The Laurel Lake Mills, Fan River
Mass, pays annual dividends of II
/ per cent besides extras on a capital
stock Of $4,000 and has surplus OF
s$250,00O
The Great Falls Manufacturing com
pany pays annual dividends of 12 per
lcent on capital stock Of 81, 500, ,00o
and has surplus Of $3.50, 900.
The Troy Cotton and Wooden Man.
ufactory with capital stock Of only
$500, 900 has a surplus OF s474,S9s and
pays high dividends.
4 The Pacific Mills, Lawrence, Mass,
pays regular dividends Of IL per cent
and handsome extras on capital OF
S3,000,0oo and has surplus Of over
ls6.Ooo,ooO, more than double its cap
Iital.
The Ohio Cotton Manufacturing
company, Fall River, Mass. has for
TWENTY-FIVE years paid an average Of
15 per cent dividends annually on its
capital stock of $1,000. 900. and has 4
Isurplus of $500, 900.
One Of the smaller mills Is the
spalding Cotton Mills. Griffin, Ga,
with q capital stock Of 100000. A ii
pays 10 per cent annual dividends On
ts scommon stock and and 8 per cent
3oI sii sDrsses "a FfIasS