Encyclopedia Dubuque
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CORN BELT PACKING COMPANY: Difference between revisions
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[[Image:cbad.jpg|left|thumb|250px|Photo courtesy: Telegraph Herald and Paul Hemmer]] | [[Image:cbad.jpg|left|thumb|250px|Photo courtesy: Telegraph Herald and Paul Hemmer]] | ||
[[Image:imp460.jpg|left|thumb|300px|Letterhead: Photo courtesy: Bob Reding]] | [[Image:imp460.jpg|left|thumb|300px|Letterhead: Photo courtesy: Bob Reding]] | ||
[[Image:cornbelt.jpg|left|thumb|250px|Photo courtesy: Cathy's Treasures, 156 Main, Dubuque]]CORN BELT PACKING COMPANY. | [[Image:cornbelt.jpg|left|thumb|250px|Photo courtesy: Cathy's Treasures, 156 Main, Dubuque]]CORN BELT PACKING COMPANY. The organization of the company was announced on September 2, 1917. (1) In 1918 the property once belonging to the [[DUBUQUE BREWING AND MALTING COMPANY]] was sold on option to the Syndicate Trust Bank of Chicago, Illinois. Its local representative was H. C. Niblock. | ||
Fred Kretschmer succeeded A. B. McCue as president and | The sale of stock went quickly. The [[DUBUQUE REALTY COMPANY]] purchased the first block of stock in 1917 for $50,000. It was stated at that time that an effort would be made to "scatter" the stock in the counties and towns surrounding Dubuque with sales in the city made later. (2) By December 26, 1918, $1.8 of the $3 million in stock had been sold with eighty-five percent being held by farmers of eastern Iowa. It was strongly endorsed by the Telegraph-Herald which cited Dubuque's indifference in the past "putting up difficulties innumerable in the way of establishing here an industry creditable to the city..."(3) The company opened for business on October 15, 1919. On November 3, 1919 representatives of J. R. Poole Company of New York and Boston, one of the largest brokerage firms in the United States handling edible food food products, after a visit to the plant praised its efficiency and announced that products of all kinds of the company in large quantities would be handled by the company in the eastern United States and Europe. (4) | ||
Fred Kretschmer succeeded A. B. McCue as president and was generally given credit for making the company a profitable enterprise. The beginning of the [[GREAT DEPRESSION]] in 1921 closed the plant which was later reopened as a distribution point for a Chicago meat packer. | |||
The 1923 ''Dubuque City Directory'' listed the corner of 30th and Washington. | The 1923 ''Dubuque City Directory'' listed the corner of 30th and Washington. | ||
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1. "Announcement," ''Telegraph-Herald'', September 2, 1917, p. 26 | |||
2. "Dubuque Realty Company Takes Big Block of Stock," ''Telegraph-Herald'', September 16, 1917, p. 9 | |||
3. "Day-by-Day," ''Dubuque Telegraph-Herald'', December 26, 1918, p. 12 | |||
4. "Poole Co. To Sell Corn Belt Meats," ''Dubuque Telegraph-Herald'', November 3, 1919, p. 10 | |||
[[Category: Meat Packing Company]] | [[Category: Meat Packing Company]] | ||
[[Category: Letterhead]] | [[Category: Letterhead]] | ||
[[Category: Meat Market]] | [[Category: Meat Market]] |
Revision as of 03:06, 26 January 2018
CORN BELT PACKING COMPANY. The organization of the company was announced on September 2, 1917. (1) In 1918 the property once belonging to the DUBUQUE BREWING AND MALTING COMPANY was sold on option to the Syndicate Trust Bank of Chicago, Illinois. Its local representative was H. C. Niblock.
The sale of stock went quickly. The DUBUQUE REALTY COMPANY purchased the first block of stock in 1917 for $50,000. It was stated at that time that an effort would be made to "scatter" the stock in the counties and towns surrounding Dubuque with sales in the city made later. (2) By December 26, 1918, $1.8 of the $3 million in stock had been sold with eighty-five percent being held by farmers of eastern Iowa. It was strongly endorsed by the Telegraph-Herald which cited Dubuque's indifference in the past "putting up difficulties innumerable in the way of establishing here an industry creditable to the city..."(3) The company opened for business on October 15, 1919. On November 3, 1919 representatives of J. R. Poole Company of New York and Boston, one of the largest brokerage firms in the United States handling edible food food products, after a visit to the plant praised its efficiency and announced that products of all kinds of the company in large quantities would be handled by the company in the eastern United States and Europe. (4)
Fred Kretschmer succeeded A. B. McCue as president and was generally given credit for making the company a profitable enterprise. The beginning of the GREAT DEPRESSION in 1921 closed the plant which was later reopened as a distribution point for a Chicago meat packer.
The 1923 Dubuque City Directory listed the corner of 30th and Washington.
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Source:
1. "Announcement," Telegraph-Herald, September 2, 1917, p. 26
2. "Dubuque Realty Company Takes Big Block of Stock," Telegraph-Herald, September 16, 1917, p. 9
3. "Day-by-Day," Dubuque Telegraph-Herald, December 26, 1918, p. 12
4. "Poole Co. To Sell Corn Belt Meats," Dubuque Telegraph-Herald, November 3, 1919, p. 10