The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-01-11
DOLD DENIES TT.
he SAYS THE HOUSE WILL NOT
RESUME BUSINESS TODAY.
He Also Says That the Reported Deal
Between His House and the X an
sas City Stock Yards Company
is Too Absurd to Talk
About The Delay.

About The Delay.
The report that the Dold packing house
4, will resume business this morning is not
| true.
| The report gained a good deal of currency
| last night, and it was taken for granted
| that it was true.
residence of Mr.. George Dold to ascertain
the facts and found Mr.. Dold willing to
talk freely on the subject.
"The report that we will start up tomor-
row morning." said he, sis not true.
told nobody that we would and did not
know that there was such report In cir.
cuiation, but what saw in the evening
paper. suppose the basis of the report was
that our Kansas City house bought
some sample hogs at the Wichita stock
yards today. They simply sent down here
tor shipment of hogs to ascertain their
quality on the same principle that i would
send to the EAGLE for a sample paper"
"Do you know" said the reporter, that
| there is report in circulation that the
Kansas City stock yarks and the bold
Packing company are in cahoots and that
the Kansas City yards pay your company
$1,000 per month to keep your Wichita pack
ing house idle so that they may receive
the yardage of stock and hogs that would
come to the Wichita yards if the packing
houses were running. What. if anything,
have you to say about that reporty'
Il have nothing to say to that report"
said Mr. Dold Indignantly. such reports
were given credence to by any reputable
citizens / would feel it my duty, perhaps, to
| viEdicate my company from such a charge,
but am satisfied that no citizen of any
standing is willing to believe such a re-
port. Therefore, l do not care to say any
thing further with reference to it. The
EAGLE is friend to the business interests
of Wichita, and if Mr.. Murdoch will send
to me any time for any Information about
our packing interests l will be very glad to
furnish them"
when do you intend to start, Mr..
Dold?"
''We intend to start whenever we have
| a reasonable assurance that for every dol
| lar we invest we will get SIC or even $1.02
! back. While we are packers we are not at
all hoggish and ara satisfied with profit
of 5 per cent. The public, perhaps, would
not be very keen to believe that our profits
are so small, but it is fact nevertheless.
But your company's packing house at
Kansas City is running at full blast"
THAT is quite mistake, sir. Neither
our Kansas City house nor our Buffalo
house is running anywhere near their Ca
pacity; in fact they are both ruuing very
light. We are killing at these two points
enough to supply the local demand, and
that is about all any of the packing houses
are doing. Take all the packing houses of
Kansas City today and they are running
only at about one-fifth their capacity.
They can kill and take care of $4,000 hogs
day; they are not killing more than 200.
A glance at the market reports will demon
strate this to any one"
What is the reason that the packing
houses are not running aud taking care of
as many hogs as heretofore?
1t is plain to every close observer of the
market. The price of hogs is comparatively
higher than the price of the product and
under such conditions packers must exer-
else the utmost caution. 1t takes an aver
age of perhaps sixty days to get the pro-
duct ready for the market. If hogs are
higher than they ought to be they are liza
bic to drop during these sixty days and in
such an event packers would sustain i'm
! mense losses. The capacity OF our house
is 1000 hogs per day and rs the prica of a
fair average hog is now Sl2 you can see
that if we ran at our full Capacity the cost
of the meat alone would be So, 900. AT the
end of 60 days we would have
in storage 10000 pounds. Let the
price of hogs drop 10 cents per hundred
and our loss would be SIS, 600. Let our
hogs drop 10 cents more next day and our
loss would be 30,000. and yet you and l
have seen hogs drop over 81 per 100 in less
than sixty days not long ago. When the
price OF hogs settles down TO a reliably per-
maneut basis you will see the packers
start up, and not before"
'Can you make any estimate or guess as
to when you will start up?"
Icannot very WELL / expected that we
would have resumed long before this. The
fact is. We have been ready for some time
to start up on few hours notice, and we
have been expecting orders TO that effect
for several weeks. In my opinion we will
resume in very short time, but can not
say SO from any positive Information.
When l am given instructions to
resume l will be pleased to
advise the EAGLE and give its representa-
tive any information necessary. We do
not propose to break faith with the people
of Wichita and am sure that no fntelli-
gent business mau can blame Us for the
course we have pursued, under the cir
cumstances. AS to the reported deal be-
tween the Kansas City stock yards
and ourselves L will not dis
cuss that at all as / do not believe
that any reasonable man believes for
moment that there is shadow of truth
in it.
Mr.. Dold has recently returned from the
east aud stopped off in many eastern cities.
He states that towns in the manufacturing
districts are much duller than Wichita
and in fact, be believes that he saw no
city OF its size more livsly anywhere. He
SAYS that the boom towns in the gas belt
of Indiana are exceptionally dull.
PHOTOGRAPHS OF STATE BUILDINGS.
The State Buildings which form an i'm
pressive village in the northern part OF the
Worlds Fair Grounds beyond the foreign
group are fully represented in Sleeps
Worlds Fair Photographed. All ara ap-
propriats and attractive. Illinois has the
largest. 1t is like State Capital. Massa-
chusetts has reproduced the old Hancock
presents miniature of the old Spanish
at u