Norwich bulletin., 1918-07-05
MARLIN ROCKWELL COULD
 INCREASE GUN OUTPUT
Now Making 800 Machine Guns Per
 Day--CcuId Expand to 1000.


 The speeding ur of war industries | has been phenomenal. In no branch l of war production more than in ma 1 chine guns is this true Before the war production of machine guns in the United States did not exceed five per month. It is now between 1000 and HOO per day and this is only,i a beginning. One of the principal American producers is the Marlin Rockwell corporation which has one of it's factories in this city. In 1915 this company, then the Marlin Arms Co, | first attracted public attention to it. | self. when it undertook to manufac- ture under license 12000 Colts ma chine guns for the British govern n-ent. To finance tl!s order the com ! pany sold $3,5o0.e0o per cent prefer
 red stock, agreeing to retire it at par and accrued dividends in three ap-
 proximately equal instaliments on December 1, 1916, and March i anl l June 1. 1917. So successful was the 1 company with this contract, although other prominent manufacturers were 1 victims of costly miscalculations on 1 their war business that it was able l to retire all of. the preferred stock | by January, 1917.
 The Marlin business dates back to l 1882. A long and honorable career is at times an asset, but an old ship I is apt to be harna cled. Hence, Mar 1 lin- Roekwelis affairs are, now being l directed by a new and aggressive management The company is pro- l ducing 800 machine guns a day, or
 nearly half of Uncle Sam's total sup ply. This :s made up of $50 Marlin
 aircraft guns and 150 light Brown ings. Manufacturers of the heavy
 Browning has begun. but deliveries
 will not be made until the first of
 August, at which time the company will concentrate on the two Brown ing types and discontinue the man.
 ufacture of the Marlin weapon
 Marlin Rockwell has on it's books
 orders for 1900 machine guns val
 ued at about sS1, ,0Q0, 900. Th's is an } average of s23S per gun, but in- cludes liberal supply of spare parts ; And least any suggestion of profiteer-
 ing be conveyed in these figures fl ) should be stated that the company l original contract for Colts guns for t a foreign government was taken al 2 S1,000 per gun; moreover, one of Mar
 lin's recent contracts to cupply oul s own government with light Brown ings was taken at the unprecedent- edly low figure, but still figure 1 admitting of fair profit, of $100 a Il
 tion and patriotic impulses have in P terrened 10 the decided advantages o Fl Uncle Sam
 2 Army officers trained in the olt ]. school frankly discredit the claim but Marlin officials say they havt
 an ultimate capacity of 1.200 guns |; h day. Within few months the ac n tual output will be 700 or 800 Tht - quality of manufacture is such al . to insure absolute interchangeabi bilit! h from the inception of deliveries.
 d But Marlin is not exclusively 8 ma r chine gun proposition. The ten plants = with their forty-fve acres of foo
 space and equipment for the employ n men of 14,000 hands, are not all en t gagged in producing the automati Q gun. The company has many string e to it's bow. It has s1S,G00,000 of or 5. ders on hand for other products in o eludinC ball bearings, automobil : radiators. wire wheels, aerial and n depth boor1as, etc When the war i
 over and the Prussian bubble o l. Marlin will have the nucleus of .- splendid peace business. How man
 persons appreciate. for instance. tn y expansion possibilities of the bail IT bearing business? Reduce frictio 1T and you reduce expense. Ball. -oear l. ings reduce friction. It is fgure'
 for example that trolley ca n equipped with ball bearings wi II travel twice as far on the same con l. sumption or current as car not s D. equipped. Readiustment to 9 peac n: business is being eiven careful at 91 tertion by Marlin officials.
 III With only 67.o00 shares outstand < ing Marlin Rockwell naturally has = h;Eh earning power on it's capitaliza Y ton. Tn 1917. the ronnpany earne ''d s25 share. or S150n00o. althoug ,e if was year in which the compan 10 did little more than organize an ,d prepare for machine gun productio al on large scale. This year all sai -d are set for the maximum results An
 attent to estimate 1918 net is , course defeated by uncertaintie 3r such as the extent of excess prof ;n taxation and amounts Of earnina ar which the governments requirement Ie may force the company to invest 10 new construction.