The press and standard. [volume] (Walterboro, S.C.) 1890-current, September 13, 1911, Image 3
ranns. ncanzatmi am raopaTiis or murnational
06NGBIN SH FORTR FIR INFORMATION OF PUBLIC.
Unv»«al. almost anique, la the
curreat history of corporations I*
a psAphlqt Just issued by the In*
teruational Agricultural Corporation
setting forth the purpoees and or-
gaalzation of the company and des
cribing Its plants and proprietl:*.
Tho aim of the publication is not
to gsplott the Corporation's product
but to tell what it is. why and
how it was organised, and what it
is doing. Pol lowing are some quo
tations from the booklet:
Profit—money making—is the
obirions reason for the organiuxiou
of every commercial undertaking.
But this belief in. and desire to
develop the opportunity for profit
U a given business must—if the
boiled Is sound on the SERVICE It
is proposed to render in exchange
for the expected gains of the en
terprise.
Any new development in an old
industry must, iu order to be suc
cessful. do something different, do
aoraethlrgf better, supply some ac
tual need.
The International Agricultural
Corporation, organised- in July,
1109. was founded on the( belief—
That the chemical fertiliser in
dustry in the United States! upon
somewhat revised lines, afforded
the greatest commercial opportuni-
timated by experts to contain shout
140,000,000 tons of potash salts, of
which (making allowance for waste,
etc.) about 70,000,000 tons—equal
to 11,000,000 tons of pure potash
K20—should be available for q^n-
On tho basis of last ytfr-r's
ing.
ties.
That the fertiliser business to be
continuously successful must be bas*
•o opon ownership of the business
of the crude material^ required.
That the present was the time to
undertake such a work. because
the vaat increree in tbe consamp-
tion of commercial, fertilizers, year
by year, clearly demonstrated that
the farming community was awaken
ing to the necessity of Its increas
ed use, renewing^sthe fertility of
depleted soils and doubling the
yields of lands yet fertile. -
That tbfe company which gave the
customer better condition of the
goods furnished better shipment
of goods, better freight rates on
goods shipped, would not be long !
in securing recognition.
With these definite purposes in ‘
mind, the International Agricaltur- j
al Corporation has invested 9IS.:!
000.090 of its authorised cx-pital
of SSS.OOO.OOO' and for every dol- !
lar of stock Issued (both common j
and preferred) has obtained tngi-
ble assets |n tbe form of plants
and properties, necessary in carry
ing out its plan to rec-'ize for its
stockholders and tho cnosuuing
public the benefits of an organiza
tion equipped with ample resources
of raw mc-teriala and adequate man
ufacturing facilities so plaeeol over
the cor a try as to secure the most
economical distribution of its pro
ducts.
No bonus of either common *or
preferred stocks was issued for
brands trade marks, paunts or
good will. There,is. therefore, no
* water’ in the Corporation’s capi
tal.
Gatheriag the Raw Material.
Th© organizers of the Interna
tional Agricultural Corporarion ful
ly realized that they must secure
udequvp sources of crud wjna!**r-
ial supply, namely—PhorphaiV Hoe
Sulphuric Acid, I’oimsIi, and Am-
monl’es—in order to pro.-iu-'-e at
lowe-t rest complete fertCizcr. eon
tainlng In well balane'd proporlion
the nitrogen (ammonia I. phosphor,
te acid ar.J potash neces.-arv to
plant life.
f arryinv out i>« v’ rs of ott 1
Ujo, the I■-ieruational Agricultural
Corporation, purchased 42.'•o** acres
of phosphate lands in Florida, and
also secured the largest portico «.
♦ he brown reck deposit* o' Tennes
see.
The present >oorly output of the
mines owned bj the^CorporaMnn is
fully one-half of the total f la .
p »hb!e product from all the miues
in th« star^ of Florida. Klectrical
energy for ’ pumps, washers ' i-nd
transportation, oil burning drvers,
concrete construction 'or dry lens,
thirty six miles of rstiway con-’
s«rvatioh of water suppl) and •’sci-
enti'fc manr.Te'r, rt" in every detail
©f Its operations are among the
factors that enable the Inter;-ition-i
«! Corporation's prop^-rtrd to pro-
due* land pebble phosphate of all
grades economically.
All known phosphate deposits of
importance have passed front pri
vate owners into the h; ds of f-i-i-
i'»g cotnnanl s and their present val
nation i* far below their ultimate
value. >
Sulphuric Arbi Supply.
Ir-teed of manufacturing its sul
phuric acid from pyrites, as is cus
tomary thp International securead
a ten-yar contract with the Ten
n.essee Copper Co., of Cof*nerhlll.
Arppe r 4 | r ,, n ro of
town, Tenu^sce. for theli- total out-*
l»ut of suiphuH^VW. w)tich it has
ennes-ee, at'd^with the Ducktown
been stated by the producers will
exceed 260,hOO ton* of 60 per cent
«cld rnnually.
By tncen* of tank cars (19o are
Ini * p, 2 ,re at ,h * present timet
itn* add is transported to the va
rious work* of the Corporation £.nd
employed ii- manufactur e
CowJd Supply America’s Potaeti For
350 Yearn.
At the time of the organization
the International Agricultural
nrporation an opportunity was pre
sented to buy on favorable terms
9r.» of the most valuable bf the
.German Potash Wntm—tbe KeJl'
'* rer ke Soilstedt Gewerkschaft. This
purchase was affected - y the ont-
of $4,000,000. for which the
Corporatioa obtained a property as-
n !
consumptioa of 2O0.000 tons (K2Q)
the entire United States mc*rkei
could be supplUd from the Boll-
stedt mine for a period of 350
year*. The mine ha* a strictly*
tuodren “• plant, which cost more
than $2,500,000. It has a prea.jut
ctpaclty of about one-third the
annual consumption of the United
States, and is being enlarged.
The only advantage of one potash
producer over another is to be
grlned through favorable location
of the property, quality of the de
posits, and equipment for economi
cal production on a large scale.
The Soilstedt mine has all these
advantages, aid a larger allotment
than most of the mines. Soilstedt
in fact, is noted for having the
lowest cost production on record,
which makes the plant) (exceptional
in that it ci-n operate profitably un
der heavy taxation and unfavorable
restriction as to output.
The benefits anticipated from
the International's purchase of the
Soilstedt were Ao some extent min
imised by the action of the Ger
man government, aimed to deprive
Soilstedt’s American customer* ol
the benefit* of it.creased produc-
ttion and much lower prices than
the Potash Syndicate maintained.
But under all circumstances the
possession of the Soilstedt miae hut
proved to be a most profitable in
vestment. The direct and ii»Hrect
advantages of this independent in
vestment In the potash industry
have been maintained throughout
the shifting phases of the “pota^i
controversy,’’ in which the inter-
ammnoia aree produced abroed and
the interests ofthe American mar
ket as a whole, as well as to con
serve its own interests.
By the term ammonic-trg is
mt-ai : all those materials from
which uitrogen is derived in the
form most available for plant food,
kiiaiy of these materials, such at
Titrate cf soda and sulphate ol
famonia. are produced abroad c-nd
imported to the United States. Oth
er forms are produced In this coun
try— cotton seed meal, dried ft«h,
■cap. and by-producta of siaughtei
houses—dried bloody ataime*! tank
age ,2*c., etc. The Corporation
either owns ontright or else dost
worging arrangements with com
panles producing thesy materit ls, s
aa to be positively assured of iti
supply for future years, and by rea
so.a of the sixe of Its purchase* of
other ingr.xilenta not produced b>
its interests is thus placed in the
most advantageous position.
Position an a M*j«ur»rturrr.
In this regard the position of
the International Agricultural Cor
poration is unique. Instead of pur
chasing the plr>nt* of competitors
as ha* been the custom of other
Its- corporations in this industry,
the International has caused to be
’ Jl ^ 1 •* the most advantageous
Points throughout the South, mod
erate sized factories, with sufficient
• parity to serve The trade locr’ed
in that particular territory on a
iriiinnum freight rate lor the ma'n-
ut tcuir d product. Securing * it*
u.pi.uric acid from a central pro
ducing pofnj. it is ablt* to trans
port to any other given point otily
Mich amount of sulphuric acid ac
ua> be requtrrd for manufacturing
- '.. 4. p'.nt,, ut ile cOuipeiiUm
*v.-ning extensive sulphuric ac-iu
sorks must run to c: parity, fre-
lu^ntiy much In excess of actual
need for the sulphuric acid so pro
duced.
radix speaking, the most im
portant prbduct of the InL'nation
al Agricultural Corporation is whr.t
is known as acid phosphate. This
material is produced by grinding
phosphate rock to a powder and
adding approximately ■ an equal
amount of 50 per cent sulphuric
acid. The resultant material, a
dry frir-bl? slate colored product
tacid phosphate). Is us< d by all
fertilizer manufacturers, and aside
from the larger manufacturers, the
southern states contain hundreds
of smaller producers—the “dry
mixers.” That the plan of the In
ternational Agricultural Corpora
tion is sound is proven by the
fact that net only are the small
maun fact urers ready customers,
but every- large producer (those
owning and running their own sul
phuric »-id works) have, during
the last year, bought very heavily
of the International Agricultural
Corporation’s production of acid
pho>q»hcte.
Facilities f« ; r Distribution.
Th«y period of construction for
the/fnternat?rtnal Agricultural Cor
poration has not. as yet, beet: pass
ed. One factory- is still in process
of building and one more just
starting but all will be in opersv
tion by November 1st, 1911. The
position of the Int.motional Ag
ricultural Corporation is such that
by means of factories it owns out
right. or through factories when*
it* raw mr.'terial ■ is used and its
manufactured product is controlled
for sale, the Corporation can off
er its products at eight points in
Gerogia. four in South Carolina, at
three Ak-bania centers, and in
Tennessee, Mississippi, North Caro
lina. Pennsylvania. New York,
and Ohio.
Twenty acidulating works give to
the International Agricultural Cor
poration the broadest possible ol
afacture (ally sufficient- to
for tho supply of sulphuric
which It is under contract to __
ceivs. Its productioas of c.4d phos
phate will eicc-id 600,080 tops hsr
annum.
v To enlarge the market for its
products the International Agri
cultural Corporation has mads con
tracts with a limited number of ta-
depend nt plants Iri" whose profits
it participates. These arrangements
while preserving the Independent*
of Buccesaful Industrie* and retain-
the beLi’fits of local contact with
the consumer, are mutually ‘t«d-
vantageous to the supply corpora
tion. the lo^al manufacturer, and
to his customers. * |
ManuFiu turii’g Ktandanh*.
In all the phaits it owns or In
which it is interested, the Corpora
tion maii'taius the highest standard
of manufacturing efficiency. Such
standards are absloutely necesary
in c-a industry wh*r0 sjI >ntiflcally
exact compounding is essential to
the value of the product. With ad-
vaiving knowledge of the science
of fertilization, its ad<*>tion to dif-
Berentj soils and crops, and ths
close supervision of the industry by
governmental agencies, thin cars
and expertness in manufacture,
combined with the use of the best
materals, becomes increasingly! im
portant.
Tc assure a uniformly high-
grade quality- of iu products the
Corpora Ion maintains testing de
part ments, suitably equipped and
employing experts whose duty it is
:o txa nine, analyze K4>d report up
on phosphate rock, manufactured
goods and all other products bought
and sold. The work of the*»> Ic-bor-
a’.ories is an insurance to the con
sumes that an International pro.
duct .s txat-ily what It purports to
bo, down to tho smallest percent
age of ckemica' content.
Kiliii-ationjil Kffort.
It is inteuQCd to extend the
laboratory. scientific and education
al work of the Corporation so a*
to include soil and crop investi^h
Mon. T his is w itn g. view to im
proving i •elhoii.i of fertilization- and
spr.aoihg the knowledge of its
pcsi-ibi.'itits:. 1),, experiment, de-
mont-trution c-n a large scale of
tb-3 ure of lert.'izc.-s, and by the
dit>M>L'iii<ation of .sound information,
the CeipoiuMon aims to be an edu
cational force, roeperafing with
jttier agencies i.» tiie development
of the science of fertilization; to
keep up with the progress of the
science, and to spread iu teach
ings. Although gd.'at advances have
oecn made in fertilization, much
more remaiiy to be done in the
ine of educL-iional work throughout
he American agricultural world,
rhis line of endeavor cannot fail to
bci-c-fit, rot only the farmer but
he whole nation, by making poe-
iible a larger food supply at a low
er cost of production.
’l|he ajrnual consumption of com
mercial fertilizers is increasing a-t
the rate of 500,U00 tons'annually,
reaching a reported total of 5,7$$,-
341 tons in 1910 and 1911 valued
roughly at $125,000,000.
Growth of the Infdastry,
The past rate of increase is,
however, no measure of future in
crease. for the reason that edu
cation in the proper utlliz&tiot-i and
value of fertilizer is proceeding
:np!V‘ rapidly than ever before, and
for the further reason that arti-
fciial fertilization, origiut My re
garded a* a necessity only on
worn-out soils, is now known to be
a profitable investment under near
ly all circumstances. \Vhr.*tever ’lie
?rcp may be, if a dollar inv Mted
in fertilizer will produce five dol
lars in the form of enchanced pro-
luction, that form of investmeit
becomes increasingly popular. The
working out of this theory is al
ready seen in the extension of the
fertilizer market, once confined to
the South, to include w-esten^ *;nd
south western states.
And when it appears that the
iveragp Ameerican wheat produc
tion, for example, is but 15.8 bush-
Ms per acre,. e« compared to 30
bushels or more per acre in Ger
many, where fertilization has been
’dUi«d to a universally applied
science. It is evident that the l lil
ted St&tes. with its millions of
farm acres, affords a fertilizer mar
ket with boundless opportunist's
for expansion.
Tlie problem of the fertilizer
maunfaetun. r is not—How should
I Increfi-ve my- business by twur-
Ing from my competitor that which
ht now enjoys, but—How ran I in
crease my facilities for manufacture
•o as properly to care for the
twelve and one-half per cent, nat
ural increase that Comes yeai nv
year,through a better appreciation
by the farmers of the benefits de
layed from increased use-of com
mercial fertilizer?
Thtis'is the story of the Interna
tional Agricultural Corporal i or-
with ample but. not excessive capi
talization, an economically sound
organization. large resources of nat-
tmtl products, adequate manufac
turing capacity, to accomplish a
useful service in the supply manu-
ffuture and distribution of the
materials necessary fer the fertiliz
ation of American farm soils.
THE PRiOto AND STANDARD"
Waltcrboro, 8. C.
Effective BcpCewbcr l, l»ll.
SPACE (CONTRACT) RATES
(To Be Used Withia a Year)
cents
AC
.14
.12
.10
for
IOO (o 240 laches
2AO to 4(M* laches
»H» to !*<»)) iaehe*.
KHHt or more ladies
Traasleat Rates.
50 rents per lagh for first
and 25 cents per inch
eucli Miletcqurnt lasertAoa.
I<rgal Advertising Rates.
The tates oa legal advertlaiag
are fixed by law and these rates
uiil not be deviated from.
( lassifled Advertising Rates
Wants, For Nsle, For Rent. Loot
and other special hasiaess notices,
one cent a word each laarrtioa. wo
advertising taken for less ttiaa
twenty-five cetsts. RnslaesH locals
five cents a line each insertioa.
Msttrlages sad Deaths.
News items of marriages and
icafli* are printed free. Obitwary
iHtliees and verses at the end trf
“ibatli” notices, charged at the
rate of twenty-five cent** |*er inch.
NOTE—-The above itite* have
tM-en carefully conipilei), ami are
’lie very lowest |»os»il>|e, consistent
"ill* K«<d bu>iness judgment.
Professional Notices.
A’tn J Fist.harne Heber R. > adgvti
FISHBURNE & PADGETT
Attorasy* and Counselors at Law
WALTERBORO, - - S. C
O Riley is coming.
A Dreadtai Higiit.
to H. J. Barnum, of Freville, N. Y.
was the fever sore thc<t had pla-
P i^d his life for years In spite-of
many remedies he tried. At last
he used Bucklen's Arnica Salve
and wrote: “it has entirely) healed
vith sea reply a sore left.* Heals
Burrs, Bolls, Kczema, Cuts, Bruises
Swell^igs, Corns and Piles like
magic. Only 25c at Jno. M. Klein’s.
ORlleyi is coming.
J.L. Hiera of Evergreen, was ia
town SatnrAnr. >
OFFICE or
Op. A. J. Anderson
DENTAL SURGEON
Office Hours; i p- »
$ p. 6pm
OPPOSITE Fanaar. and Marohaab
Bank.
’Phone iOCg.
WALTERBORO. 8. Q
JOHN H. RUCKS.
surgeon-dentiSt.
EHRHARDT. 8. C.
V
Merchants
Oat-of-towra shopper* may oon*e to Charleston, stay from
five days attend the theatres, visit tlie Island resort*, etc, do thahr
I’wyiag and have their railroad fart* paid foa Dm round trip. The
only roadltiosa to be complied with are: First, that you* combined
purchases aamaat to $25 or more. Second, that you come from a
point twenty-fire miles or more distant. Third, that yoar fare
not exceed 5 per cent of your total purrhases. Fourth that you
buj- a round trip ticket or get a receipt from yoar railroad
u( v««<ur Iwaur Matioa, m)towing that you panliawil e ticket.
The merrhaata of Charleston carry large and well assorted
The matter of selection Is easy; you have a variety to choose
kept fresh by being replenished often. Prices are
qualify.
If you cannot find Just what you want til your home town,
yuu can always get It In Charleston.
The foils wing merchants are mentlwrs of this refund plan
will be very glad to
Ask For Refund Books.
9
Aft
Lanneaa'a Art Store
— 238 King Street
Antiqae Furniture.
Morgenstern Furniture Company...
62 Reid Street
Raker*.
Condon’s Bakery
- 153 Rutledge Ave.
Book Store*.
Walker. Evans A Cogswell
3 Broad Street.
U. I~ I egertoa.. 28:1 King Street
Carpets, Mattings, etc.
Mutual Carpet Company 1
.. .*•• ., • •.. 247 King Street.
Chian, Glam and (Joeenwsre.
Cbxrl.-fcton Crockery Company
— —- 299 King Street.
Cigars aad Tobacco.
Folio Bros Cc 260 King Street
Clothing and Gents' Furnishing*.
Ceuthcnncr A Visaaski
252 King St.
Iiirsch-Iarael Company
.King and Wentworth
Bluesteiu Bros..494-494 King St.
W. S. Cook Company. ,332 King St.
S. Brown .Tons.;354-354 King St.
B'-utov aid Volaaki 385 King St.
Department Stores
M turabgotl A Sons
.. ..149-242 King Street.
Louia Cohen L Co
232 234 King St. and 203 Meeting
Tbe Kcrrisou Dry Goods Co
.187-191 King StrooC
Buell A Roberts..573 King Street.
A. O. IUiOder A Son
359-361 King Street.
Furniture and Dry Good*.
Buell L Roberts..573 King Street.
Grocers.
J. H. Hesse, Montague and Coming.
The John Ilurkamp Co
K'a ; and Broad Streeta
uns. Bicycles, and Sporting Good*
The B. II. Worthen Arms Co
- ..230 King Street
Hardware.
M. H. l azarus
King and Hassell Stree
A. McL Mai tin.. 363 King Street.
Strohecl.er A McDermld
• • 237 King Street.
Ball Supptr Cr. ...377 King Street
Jewelers.
Jos Allan A- Co..285 King Street.
Carrington, Thomas A Co.. ......
.. .. .. ... ..251 King Street.
n Optician aad Optical Snppllea.
Parsons Optical Co....244 King 81
Pianos, Organs, Music and Musical
— _ .*• • • • • ... .. 8 0-8 2 Hasel Street.
ft"TTTft'Tnnnnnnnofmonooooooou .
4 g ’ J. K. Read Co 249 Kiag Street.
H- W. BLACK SB, i L ‘
^ j Parr,gan _*rug Co. 286-288 King St.
| DENTAL SURGEON f FW| “ d
{ I have reopened my dental
3 ollice, and have associated
J with me
fli BAKER.
DR. JOHN H.
All work given
i prompt attention.
* Office next Terry & Shaffer’s
Terry Fish Co......133 Market St.
Florists.
Counelly-McC..rty Co
- .. -. .. 29C King Street.
Fnraltnre.
Phoenix riin'ture Co...
SeigUr.gs’a Music Store, 243 King 81
Stoves, Cooking Utensils, Etc.
Miunls Stove Co. ..
......... ..King aad Burns La*
Shoe Stores.
Robert E. M irtin.... 25$ King Bt,
II. J. Williams 24$ King Ht.
Robert Martin 139 Market Rt.
A. A. Ilirsch 281 King St.
D. O'Brien A Sods..381 King St.
V.. 1*. Livingston... .366 King .Tt.
Jacobs Sh< * Store 510 King St.
Trunks and Bag*.
Cnarlestou Trunk Company.
... 270 King Street.
Tiunks and Office Supplies.
• s sve •
Edward J. Munlij*.
.. .... .. ..157 Meeting Street.
I
Store.
Office Hoore : 8.30 am to k o
p. m. 3 to 6 p. m. |
*i’poi»e No 67a. b
Wn I t©rt>«>r*o, P9 C^ ^
OOOOOOOOOOOOOOOOOOOOOOOOO:
INSURANCE
WANTED!!
I
■’ PHONE 21X OR WRITE
J. D. vonLehe, Agent -
HARTFORD & AETNA FIRE
INaURANGE COMPANIES.
Will insure improved country dwell
ings and furniture, store buildings
and merchandise stock.
C. E. DURANT
Civi) Eng’r and Land Surveyor
Will be in Walterboro at J. J
B. Ackerman’s on Satuidaysi
and all oth^r dayfe^when not
at work in field.
0£Q LOADS OF 4 FT- QfiQ
J w CORD WOOD
WILL PAY EACH TRIP.
*
Don’t Come to Town With an
Empty Wagon.
Ready to Serve You
’Phone No. 77’y.
For bowel complaints In children
always give Chamberlain's Colic.
Cholera and Diarrhoe% Remedy and
castor oil. It is certain to effect
a cure and when reduced with wate
and sweetened is pleasaJit to tako^
No physician can prescribe a better
remedy. For sale by all cfealers.
AT OUR GIN.
MEAL AND HULLS FOR SALE
IS*
——*1
O’Riley) is coming.
^^JDlarrhoea is a-lwaya more or less
prevalent during September. B«
prepared for it. Chamberiainfs Coli
Cholera and Diarrhoea remedy is
prompt and effectual. Tt can aJ-
way« be depended upon and is
pleasant to take. For sale by all
dealers.
WMRBORO COTTON OIL CO.
lOMMI
ORlleyv is cqmiug.
Mr .• nd **”•/•.**• of ( M|ss Alice Hlott left Saturday
Roy Fla, arrived in town Friday . _. _ . .
night. After a visit of several weeks ,or *»»"• ban
to relatives near Stokes Mad Wil. accepted a position am stenographer
Hams they will return home, ! for a railroad company at that plaeo