Investigation of Grain Storage Operations of the Commodity Credit Corporation: Hearings Before the Special Investigating Subcommittee of ..., 86-2 ..., January 12 ... May 26, 1960 |
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Page 18
... investment , as partic- ularly he would in conventional storage , which may last 20 or 50 years even , if he did not have expectation that it will be used more than a year or two , he must expect a somewhat higher return to use them for ...
... investment , as partic- ularly he would in conventional storage , which may last 20 or 50 years even , if he did not have expectation that it will be used more than a year or two , he must expect a somewhat higher return to use them for ...
Page 25
... invested by our farmer members , and we are obligated to give them a fair return on their investment ; and we feel that a thorough study of this depart- mental grain storage should allocate a certain percent of your replace- able value ...
... invested by our farmer members , and we are obligated to give them a fair return on their investment ; and we feel that a thorough study of this depart- mental grain storage should allocate a certain percent of your replace- able value ...
Page 27
... investment . Senator SYMINGTON . What would you call normal investment , 40 years ? Mr. SUMMA . It depends on the type of structure . Senator SYMINGTON . Assuming that it is well built , that it is a normally built structure . Mr. SUMMA ...
... investment . Senator SYMINGTON . What would you call normal investment , 40 years ? Mr. SUMMA . It depends on the type of structure . Senator SYMINGTON . Assuming that it is well built , that it is a normally built structure . Mr. SUMMA ...
Page 28
... investment of $ 40,000 , we were entitled to that , approximately . Mr. SCHMIDT . That is included in your price per bushel ? Mr. SUMMA . Yes . Mr. SCHMIDT . That approximates almost 2 cents per bushel on your costs , so that would more ...
... investment of $ 40,000 , we were entitled to that , approximately . Mr. SCHMIDT . That is included in your price per bushel ? Mr. SUMMA . Yes . Mr. SCHMIDT . That approximates almost 2 cents per bushel on your costs , so that would more ...
Page 32
... investment . Senator SYMINGTON . You are running a private business , and are interested in getting just as much for your grain storage as you can . That is our system . We in the Congress have the right to look as to why the Department ...
... investment . Senator SYMINGTON . You are running a private business , and are interested in getting just as much for your grain storage as you can . That is our system . We in the Congress have the right to look as to why the Department ...
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abnormal profit administrative agency amortization average bins capacity Cargill cents a bushel cents per bushel Chairman CHARAM charges COLE commercial committee Commodity Credit Corporation Commodity Stabilization Service conflict of interest contract COREY corn correct Counsel country elevator December 31 Department of Agriculture Director DUDDEN employees estimated farm farmers figures fiscal going GOOLD Government grain Grain Storage Agreement GREGG HANSON HENDRICKSON investigation investment LAYBOURN loan McGregor ment million bushels Minneapolis negotiations North Dakota operation PALMBY percent Personnel PHILLIPS POLLOCK Portland PUELZ question record regulations ROBERTS SCHMIDT Senator COOPER Senator ELLENDER Senator HUMPHREY Senator MUNDT Senator PROXMIRE Senator SYMINGTON Senator YOUNG shrinkage soybeans statement storage cost storage facilities storage rates storing grain Stuart Symington subcommittee SUMMA Three State Warehouse tion U.S. Department U.S. SENATE UGSA Uniform Grain Storage warehouseman wheat YOUNG of North