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 8
... period of time ? Dr. PHILLIPS . This was an annual cost , taken during the period 1952 and 1953 . Mr. SCHMIDT . How does that relate to the income per bushel that they receive ? Ďr . PHILLIPS . Well , using the income for storage in ...
... period of time ? Dr. PHILLIPS . This was an annual cost , taken during the period 1952 and 1953 . Mr. SCHMIDT . How does that relate to the income per bushel that they receive ? Ďr . PHILLIPS . Well , using the income for storage in ...
Page 12
... period , we decided he had not constructed flat storage and his grain stored was in his wood , regular wood - type elevator , wood crib structure . Mr. SCHMIDT . And his capacity is 100,000 bushels ? Dr. PHILLIPS . Yes , his capacity ...
... period , we decided he had not constructed flat storage and his grain stored was in his wood , regular wood - type elevator , wood crib structure . Mr. SCHMIDT . And his capacity is 100,000 bushels ? Dr. PHILLIPS . Yes , his capacity ...
Page 13
... period . Senator SYMINGTON . Now , what would be your estimate , based on your work , including all charges ; what would be the amount that you would reduce the 7 - cent profit on the current operation ? Dr. PHILLIPS . Yes . Well , I am ...
... period . Senator SYMINGTON . Now , what would be your estimate , based on your work , including all charges ; what would be the amount that you would reduce the 7 - cent profit on the current operation ? Dr. PHILLIPS . Yes . Well , I am ...
Page 14
... period of survey ? Dr. PHILLIPS . 85,000 bushels . Mr. SCHMIDT . Of the total of 100,000 bushels ? Dr. PHILLIPS . 100,000 ; but he may not be able to store actually 100,000 , depending on how this capacity is measured ; he may need work ...
... period of survey ? Dr. PHILLIPS . 85,000 bushels . Mr. SCHMIDT . Of the total of 100,000 bushels ? Dr. PHILLIPS . 100,000 ; but he may not be able to store actually 100,000 , depending on how this capacity is measured ; he may need work ...
Page 17
... period studied for Archer . Mr. SCHMIDT . And did you go ahead and carry out your further percentage computations as to investment and equity ? Dr. PHILLIPS . For the Government grain at Archer , using , of the total assets , 144,173 ...
... period studied for Archer . Mr. SCHMIDT . And did you go ahead and carry out your further percentage computations as to investment and equity ? Dr. PHILLIPS . For the Government grain at Archer , using , of the total assets , 144,173 ...
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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