Big Crowd Hears Beef Plan Outline A large crowd, which included stockholders, businessmen, cattle and railroad men, city officials, etc. and many wives, extended a cordial welcome to officials of Iowa Beef Packers, . Inc. during the annual meeting of the Algona Industrial Development Corp. at the Algona Country Club Wednesday evening, Nov. 10. Highlight of the evening proved to be informative talks dealing with ISP's proposed large environmental feeding operation, which is slated to be built at Irvington on the 400-acre farm recently purchased from Gerald Frankl. Iowa Beef was represented very capably by Maurice McGill, financial vice president, Arden Walker, vice president in charge of public relations, and Gerald Frankl, Irvington, who recently joined IBP in an executive capacity after selling his feed lot and farm to the packing firm. Frankl, after paying tribute to George Sefrit, vocational ag instructor at Algona high school, for his work in agriculture with old and young farmers alike, read off some figures, financial and otherwise, that surprised many present. The long range plan by IBP at Irvington, if successful and completed in 3-4 years, is certain to change the economic picture in the county. It is expected the total investment by the firm in housing and equipment for handling 50,000 cattle will run in the neighborhood of $18,000,000 - with the flpre also including cost of the cattle, which are slated to be fed scientifically to proper weight for slaughter at one of the company's three plants, located at Denison and Ft. Dodge in Iowa and Dakota City, Nebr. It was pointed out that it will be about a year before the first step in the operation is completed at Irvington, which would be one complete environmental feeding building. If this portion of the project proves successful (it features feeding cattle inside), four or five more units will be built - with about 1 1/2 million square feet of housed cattle area the final goal. At least 100 workers would be hired at Irvington when the project is in full swing. It was pointed out this would mean 296 more people, 112 more households, 51 more school children, $590,000 more personal income per year, $270,000 more bank deposits, 107 more passenger cars registered, 174 more workers employed, four more retail stores and $360,000 more . retail sales each year for Algona. Frankl pointed out that when 50,000 cattle are being fed on the premises, it will cost $6,672,000 just for feed each year! And IBP, in using 4,000,000 bushels of corn, will pay a five cent per bushel premium to farmers wishing to sell. The feeding operation will also require 6,000 acres of hay, 35 tons of soybean meal per day, and all the silage produced in the county each year. Most of the figures are astounding. He also stated IBP, if and when the project is operating on a full head of steam, will pay many times what the largest taxpayer in the county now pays in taxes each year. McGill, in answering most of the questions near the end of the program, couldn't be stumped, and his clever retorts met with the approval of all present. His mention of the $18,000,000 project came as easily as if he were talking about Tutiday, Nov. 16, 1965 Algeria (la.) Upptr DM Molna JACK CHRISCfflLLES BILL CONN $1.50. Jack Chrischilles, new president of the Industrial Development Corp., and Bill Conn, new vice president, were introduced to the crowd as well as other officers and directors and wives. Out-going president, Jerry Leaneagh, despite suffering from hoarseness, served as master of ceremonies during the night and carried off his job like a pro. John Rodeen of the Iowa Development Commission, and Don Gant and Jack Limbaugh, Development Corp. directors, also talked during the night, with Gant giving a rundown on local housing and Limbaugh presenting information on the junior college and vocational school set-up. Leaneagh also gave a short resume of the past year's accomplishments after Phil Taylor, Brocke Laws and Brad Kraft, local high school students, presented four folk songs. Several local industries also had some of their products on display in the ballroom. Officers of the Algona Industrial Development Corporation were elected at a meeting Wednesday morning. Newly- elected were Jack Chrischilles, president; and William Conn, first vice-president. Re-elected were William F. Steele, secretary, and Murray Mowers, treasurer. The five newly elected directors, to serve for three years, include Jerry Leaneagh, Jack Limbaugh, Dean Taylor, Murray Mowers and David Smith. Those whose terms as directors will expire in 1966 include Jack Chrischilles, Wm. Conn, Don Gant, Harry Greenberg and Burton Harmes. Directors whose terms will expire in 1967 include Al Agena, George Allen, Dick Cook, Jim Milder and Pat Montag. Council Okays Purchase Of Sand Spreader City council meeting was held following the Industrial Development Corp. banquet Wednesday, Three bids for a sand spreader, to be mounted on a street department truck, were received, Successful bidder was Herman M. Brown Co. of Des Moines. A special permit was approved for the erection of a 140- foot tower at the M. H. (Dutch) Honsbruch home, newly purchased on E, McGregor St. Purpose of the tower will be for a two-way radio. Council authorized the purchase from Laing pibg, & Htg, of a 30-gaUon water heater at the sewage disposal plant, A resolution amending the pay- roll resolution was passed to include a city mechanic. Hired was Roy Burris at a base salary of $360. Council authorized the purchase by the street department of approximately 5,000 tons of crushed gravel for stock pile from Everds Brothers. Power Off In City But Not Like New York There were no persons stranded in subways or in elevators in high buildings when Algona had a power failure for several minutes at 1:29p.m.Thurs- day. And the power was off only from three to 17 minutes, depending upon which area of the city you were in - instead of hours. As a result, there was no looting or rioting reported! Reason for the power failure, according to Municipal Utilities Supt. Jim Palmer, was damage to a turbo-charger in the number five engine at the light plant. Just what was broken hadn't been determined the day after the failure, but it was thought the damage was slight and repairs will be made to the equipment just as soon as possible. The damage to the turbocharger allowed water to leak into the engine and when it was stopped, the number of kilowatts being turned out at the plant dropped from 3,800 to 500 right now! As a result, electrical service all over the city was interrupted. Light plant employees began tearing down the damaged engine soon after it was halted. At the time the engine was stopped, three engines were furnishing electricity for users. One, however, was an engine which had just been overhauled and was running at half-speed during a break-in period. There are six engines in the local plant. The mechanical breakdown was the first here for several years. AWARD Mrs. Lillian K. Price, Clarke county Extension Home Economist, was awarded a Distinguished Service award by the United States Department of Agriculture, She was honored at the National Association of Extension Home Economists convention held at Kansas City late last month, REASONABLE PRICES, food •trvte*, Md quality p •re trademark! of Ike Dei Mob* Pub. Co. fa Greigg Calls N.W. Iowa Industry Study, Nov. 18 6th District Congressman Stanley L, Greigg has announced that he will conduct an Industrial Opportunities Conference to assist northwest Iowa businessmen in procurement of Government prime contracts and subcontracts. The conference will be held on Thursday, November 18, at the Biltmore in Sioux City. "The conference," Congressman Greigg said, "will provide a key opportunity for northwest Iowa businessmen - representing both small and large enterprises - to discover opportunities for selling to the Government. Area businessmen attending the conference will have an opportunity to meet with representatives of the Department of Defense (Army, Navy, Air Force and Defense Supply Agency), Department of Commerce, Small Business Administration and other agencies." Congressman Greigg is working carefully with Washington officials to develop a program specifically tailored to the type of businesses and manufacturers located in the communities of northwest Iowa. He also commented that major prime contractors are being invited to the conference to discuss possibilities for sub-contracting with northwest Iowa firms. "It became apparent after our Northwest Iowa Community Con- ference held in Washington in August," Congressman Greigg said, "that cooperation between Government and northwest lowans could result in many benefits for all concerned. Our earlier conference indicated a need in the area of assisting independent manufacturers and businessmen, and I am sponsoring this Industrial Opportunities Conference to make area businessmen aware of the possibilities - through free enterprise - for contracting with the Government." Further details of the program and names of key Government procurement officials who will participate in the conference will be announced in the near future, and interested parties are encouraged to contact the Congressman's district office at Room 320 Federal Building, Sioux City, or to write directly to Room 1109 Long worth House Office Building, Washington, D. C. "Northwest Iowa's skilled labor force, efficient management, strong educational systems, and transportation capabilities can enable us to play a greater role in meeting the nation's needs," Mr. Greigg commented, "and I intend to do everything possible to see that our area is in a strong position to compete in the field of Government procurement." ATTENTION FARMERS GET YOUR FALL PLOW DOWN FERTILIZER NOW I Spreaders available for your use or we will spread it for you. MARKETS Market price* paid on Saturday of this week at your Co-op Elevator GRAIN Now Corn in 1.02 out 1.06 No. 2 Whit* Oats in .68 out .72 November toons 2.40 WmnnoRE COOP. ELEVATOR HOUHON MUNCH For top performance CO-OP gasoline, fuel oil, oilt and lubricants Tele, 295-3614 295-7021 CLOSED SATURDAY AFTERNOONS - EXCEPT DURING HARVEST TIME.
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