The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1917-03-02
Southwest Terminal Elevator
An Undertaking of
Magnitude.
In the Grain Commerce of the
Great Southwest
Generally.
Other Elevator Companies Are Earn
ing Some Splendid Dividends
For Their Shareholders.

-
The organization of the Southwest
Terminal Elevator Company was an
undertaking of considerable magni-
tude and reflects credit upon the en-
terprise, foresight and judgment of
the men who stand sponsor for the
idea.
The plan has been favorably COM
n1ented upon by press and public
everywhere and has yet to arouse the
first word of adverse criticism. Trade
journals and business publications
that it represents are giving the pro-
ject the heartiest approval. 1t is felt
that the proposition is one of more
than local character and merits the
Support of this entire section of the
country as whole
While the drawings and specifca-
tics have not yet been quite COM
pleted, this phase of the matter has
progressed far enough to demonstrate
that beyond any shadow of a doubt
the elevator and its equipment will be
the most modern in the United States.
Since the 5000 shares of stock of
the company was first offered to the
public at 500 a share, a great deal
OF interest has been manifested in
ascertaining what other elevators of
this section have been doing in the
way of earnings, bringing to light the
fact that the Garfield (Kans.) Coop
erative Company declared a dividend
of so per cent on it's capital stock this
year; the Farmers Grain & Mercantile
Co. of Brown Spur showed a 200 per
cent profit on its operations; the Paw
nee County Grain and Supply Co. of
Larned declared 40 per cent divi-
dend, while the well-known Stafford
Z Grain and Supply Company smashed
all former records of its earnings.
1t is figured, therefore, that, as the
Southwest Terminal Elevator is to be
On much larger scale than any of
at the Southwest's most stragetic ter
minal point (not in competition with
any of these companies, but serving
them all, as well as many other ele-
vators, dealers, and growers), The
Southwest Terminal Elevator Com
pany's prospects for success are as
nearly assured as any big enterprise
possibly can be in it's inception
1t is the consensus of opinion that
the company is particularly fortunate
in its personnel comprised as fol-
lows: VIM. Kelly, President (Presi-
dent of VIM. Kelly Milling CO.. G. D.
Estes, Vice President president of
Farmers Cooperative Grain Dealers
Association); Paul Noble, Secretary
Treasurer manager Union Grain
Co.., with Howard Carey of the Carey
Industries; J. r. Bolin (Bolin-Hall
Grain Co..; Fred w. Cooter President
State Exchange Bank); and E. e.
Shircliff (of the Ferguson-Shirclifr
TRAIN 20. as directors.
There is every reason to believe
that the plant can be placed on an
earning basis from the start and
should show profit on the very first
Wears operations. The management
Agures that even if the storage ca
pacity of the elevator proper, 1,00O,-
900 bushels, is occupied only six
months of the year, at the usual rate
of lie per bushel per month, the net
revenue from this source would
amount to $6O,O0O.OO This amount
would accrue to profits, as the hand
ling house, with it's auxiliary capacity
Of $50 900 bushels, with the earnings
for handling, cleaning and condition
ing grain, may be expected to offset
the entire expense of operation. This
would show profit of $1,000 per
share per annum.
Aside from the prospect for fine
dividends, the stockholders in the
Southwest Terminal Elevator Com
pany can enjoy the qualification that
comes from being connected with a
project of such high standing and
splendid aim.
r 4lo