A Prosperous Business

The Ann Arbor Organ Co., established in 1872 by D. F. Allinendinger, was incorporated in April, 1888. On January 1, 1889, $12,000 capital was paid in,divided among 12 stockholders. January 1, 1895, the profits of the past six years and the additional stock taken by the original stock holders made the total capital stock f39,906. The present stockholders are, with four exceptions, the same as those organizing the company. In the year 1888 from April 2 to December 31, nine inonths, 75 organs were made. In 1895 in March alone 97 organs were shipped, or 22 more than the entire nurnber made the first year of the incorporation. The company in 1888 employed 12 men. j At present in factory and retail departments over 40 are emploved. The past year the company paid for salaries and pay roll upwards of f20,000, and for lumber over $10,000 a year, most. of which was bought in this section. Each years' business since the incorporation has shown a good profit. During the past two years new machiuery has been added, aud improved methods introduced ■which rednced the oost of organs over 10 per cent. If a new factorv be erected, this can be still more reduced. Tliere is a profit in wholesaling organs of 15 to 20 per cent, or from $5 to $10 on each organ. If 3,000 organs be made, and only $1 net profit made on each, a 6 per cent. dividend could be paid on a capital of $50,000, whereas experience shows there ought to be at least $4 to $6 elear made on each organ in this quantity. It is desired to increase the capital stock to $50,0000. Of his. amount it is proposed to expend about $4,000 in the erection of a new brick addition to the present brick portion of the factory. Nearly $1,000 will be used in erecting a new, moderu dry kiln, and from $750 to $900 used for the purchase of a new 75 horse power engine. From the fact that are on the books from first class honses for from 2,500 to 3,000 organs a year, and the present capacity is uot to exceed 1,000, the necessity for a larger factory is apparent. The Ann Arbor Organ Co. is no an experiment. It is an assured success. Their instromen ts possess sueh merit that they compete in the market with the older and better known companies, many of them having from $200,000 to $1,000,000 capital, and ia competitiou with these companies the Ann Arbor Organ Co. has been nble to secure orders trom the largest jobtnng honses in this country. Haviug passed thhough the experimental stage, and proven to our satisfaotion that organ inanufactnriug along the linea we have pursued is a financial success. and having a market established and the goods sold in advance, wc invito those desiring- to make a safe, paying investtnent, whioh will give large returns as well as build up a large and worthy raar.nfactnring enterprise in onr city.to oall and secure whatever iacts and infonnation they may desire regarding this business. The Ann Arbor OrRtui Co. L. H. Clement, Sec'y and Mgr. Fi-ederick Schmid. Pros.