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DUBUQUE PACKING HOUSE - 1891

DUBUQUE

Posted By: cheryl moonen (email)
Date: 5/17/2017 at 22:50:10

The Clinton Age, Clinton, Iowa, January 9, 1891

DUBUQUE PACKING HOUSE

Some little time ago it was said that Chicago capitalist would not invest their money in packing houses in Eastern Iowa, because the territory from which the hogs and cattle would be obtained, was covered by the Chicago houses. But now comes Chicago men and arrange for not only a big packing house in Dubuque but extensive stock yards besides. The particulars are told by the Dubuque papers from which we learn a corporation with capital stock of $500,000 has been organized to engage in the business named. Recently Chicago capitalists importuned to establish a packing house there. They replied that were stock yards and a modern packing house with a capacity of 2,500 hogs daily established they would rent the packing house and operate it to its full capacity, summer and winter, paying a rental of 6 per cent per annum on the cost of the packing house, leaving the builders to make the remainder of their money out of the stock yards. A prominent citizen says that, on the strength of this agreement, two-fifths of the capital stock of the stock yards company, $500,000 has already been subscribed in Dubuque and he expected the remainder would soon be taken. Grounds he says, have already been selected and the stock yards will have a capacity of 5,000 hogs and 1,000 cattle. The packing house will have the latest improved machinery and apparatus for manufacturing in summer and will employ 700 hands. The stock yards company will charge six cents per head for every hog placed in the yards and proportional charge for cattle and feed. All live stock, whether destined to Chicago or Dubuque, will be unloaded, rested and fed and meanwhile the owners will feel of the Dubuque market.

The gentlemen added that the Chicago capitalist had been offered the Sioux City Falls packing house, but declined it because there was not enough hogs in that country, and Sioux City got what there was because there were stock yards in the latter town. Such yards have made Sioux City, Kansas City and Chicago, and have proved immensely profitable to their owners.

Unquestionably Dubuque with her four railroads and situated in the center of a livestock raising country, is a natural hog market and this enterprise, will enrich the owners while giving the city a veritable boom.


 

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