The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1919-03-05
Officers Elected in New Com
pany to Build Factory for
Manufacture of Peanut
Products Here.
FARMERS INTERESTED
in h3W MONEY CROP
Estimate 5000 Acres Be Planted
In Grady This Year; Machi-
merry for Plant Now a
Purchased

At a recent meeting of the stock
holders of the Chickasha Peanut Oil
and Products company, officers for
the company were elected and plans
for the construction of a plant in
this city were perfected.
Officers elected were: President,
Dave G. Hybarger, owner of the Hy.
barger ranch near Chickasha; vice
president, H. A. Mcdonald; secreta.
ry-treasurer, j. w. Owens; directors,
ID, G. Hybarger, H. A. Mcdonald, +.
W. Owens and Alger Melton.
The company is now organized, the
contract let for thu construction of
the building and the machinery for
the mandatory has been purchased.
Officials of the company have the
assurance of an acreage large enough
to supply the plants needs to oper-
ate three hundred and thirty DAYS of
the year. Five thousand acres will
produce enough peanuts to keep the
plant running daily except Sunday,
but officials of the company state
that Grady county farmers will plant
an acreage larger than this amount.
According to the terms of the con.
tract, the building for the plant is to
be ready for occupancy and The ma
chinery installed in time to take care
of Grady county's 1919 crop. This,
President Hybarger states, will be
about October 1st.
THE installation of this plant will
be a needed annexation to the bust.
ness and commercial life of Chick
asha,' said a prominent Chickasha
business man and an enthusiastic
member of the Chamber of Com
merce. mot only will many thous-
ands of dollars be put in circulation
here by establishing the plant in this
city, but the farmers will be given
a market for one of the most profit
able crops known to agriculture"
Statistics show that it is possible
to produce more than one hundred
bushels per acre, while the minimum
production of peanuts is from 40 to
so bushels, it is pointed out In 1918,
fn ri,,ore ,,rbO on,1J not +Ioi, ,1oo,uta
to a market, were paid $3.50 per
bushel 1t is believed by many that
that market price this year will equal
that of 1918.
"Of course, just what the market
price for peanuts will be is not known
but the farmers can rest assured
that the Chickasha Peanut Oil and
Manufacturing company will pay the
top market price for the products"
declared Mr.. Hybarger yesterday af-
ternoon.
Sandy land, which is to be found
in the southern and eastern portions
county that are very adaptable for
for the production Of peanuts" said
J. w. Owens, county farm agent.
There are other localities in Grady
county that is very adaptable for
the production of this crop and il
properly planted and cared for, will
reap the farmers more money than
any other crop.
The grower not only receives the
benefit of the nut" the farm agent
points out, hut also the hay from
the vine Peanut hay will average
one-ton per acre, and the quality of
that hay for feeding purposes is on
a par with alfalfa hay. 1t has been
given a thorough test and found to
be valuable food for the animal"
Agent Owens is a specialist in the
growing and raising of peanuts, hav-
ing studied the growth of the peanut
while attending the Kentucky A. and
NJ. college, and also engaged extern
sively in the raising of this product
while residing on his farm near Du.
rant
ct shall be one of the aims of the
company to assist in the development
of the peanut industry in this Sec
CONTINUED on page 3D.