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 13
... workspace and pretty good management to do this , but I have confidence that Jones , at Newhall , is competent and able to do this . Mr. SCHMIDT . In this particular case , the most INVESTIGATION OF GRAIN STORAGE OPERATIONS 13.
... workspace and pretty good management to do this , but I have confidence that Jones , at Newhall , is competent and able to do this . Mr. SCHMIDT . In this particular case , the most INVESTIGATION OF GRAIN STORAGE OPERATIONS 13.
Page 14
... operations , were Newhall Grain Co. to go out of the grain storage business and let his competitors handle it . He felt that his same customers , who deliver corn to the Commodity Credit Corporation to be stored in his elevator , also ...
... operations , were Newhall Grain Co. to go out of the grain storage business and let his competitors handle it . He felt that his same customers , who deliver corn to the Commodity Credit Corporation to be stored in his elevator , also ...
Page 15
... operation . Dr. PHILLIPS . We did actually do this , and the figures I used on which the percent operations were based were charging each opera- tion its fair share of all joint expenses , including INVESTIGATION OF GRAIN STORAGE OPERATIONS ...
... operation . Dr. PHILLIPS . We did actually do this , and the figures I used on which the percent operations were based were charging each opera- tion its fair share of all joint expenses , including INVESTIGATION OF GRAIN STORAGE OPERATIONS ...
Page 17
... operations and the rest of his operation ? Dr. PHILLIPS . Yes . All these ratios are good . I think they re- flect the fact that Archer is very effectively managed and way above average for country elevators in Iowa . But perhaps the ...
... operations and the rest of his operation ? Dr. PHILLIPS . Yes . All these ratios are good . I think they re- flect the fact that Archer is very effectively managed and way above average for country elevators in Iowa . But perhaps the ...
Page 18
... operations ? Dr. PHILLIPS . I have not made any or been involved in any such study . Unfortunately , in our old study we did not get measures of equity or assets in the grain storage or the business . Senator PROXMIRE . It seems to me ...
... operations ? Dr. PHILLIPS . I have not made any or been involved in any such study . Unfortunately , in our old study we did not get measures of equity or assets in the grain storage or the business . Senator PROXMIRE . It seems to me ...
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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