The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-03-22
Consideration of the Sale Kept Secret,
Although Known to Be a Very
Large Sum.
POULTRY AND EGG BUSINESS
BEEF HOUSES HAVE DEVELOPED 1T
TO ENORMOUS PROPORTIONS.
Statement of Mr.. Jordan Relative to
the Sale of Outside interests
Big Local Business.

A deal by which the entire system of
packing houses of the Arthur Jordan Com
pany, of this city, was sold to Morris &
Co.. the beef and pork packing house, of
Chicago. The consideration, although
known to be very large sum, is kept Sc
cret Arthur Jordan and representatives of
Morris & Co. have been negotiating the
terms of the sale for some time, and yes
& Co. will take over control of the Jordan
plant at once.
For several years the leading beef houses
have been devoting their attention more
and more to their poultry and egg depart
ments. Both of these commodities enter
directly into competition with other meats
that are known as packing-house products,
as all butchers and dealers in meat now
handle poultry and eggs. The packers
desire to secure a sufficient supply of these
at first hands to furnish their own jobbing
trade, and recently a number of buying
stations have been opened up by Swift &
Co. and Armour
Norris & Co. seem to have proceeded
along different lines, and, instead OF equip
ping such stations irregularly in different
parts Of the producing section of the coun-
try, have by the purchase of the Arthur
Jordan plant at once become a leading
house In this line and acquired the control
OF the largest output of poultry ever
handled by one concern In this country.
MR.. JORDAN'S STATEMENT.
In discussing the sale Mr.. Jordan says:
I'm acquiring control of our plant Morris
& Co. have accomplished In one day what
Swift and Armour have spent several years
and more than a million dollars each in
trying to do. Besides, Morris & Co. will
now have q fully-equipped plant, covering
the larger part of Indiana and central and
southern Illinois, the very best poultry
producing sections of the West Mr.. Charles
Il. Ford, formerly connected with our
company and for several years in charge
of our branch house system, will be in
charge for Morris & Co., and II Is the in
tinue to operate the business as heretofore
In the name OF the Arthur Jordan Com
pany and with general Offices at Delaware
This business, which has developed and
has for many years been the largest In
this line in the entire country, the output
having exceeded 81, 100000 annually for some
years past was established by me in 1877
L of the first to undertake the
shipment of dressed poultry packed in ice
to the seaboard markets. The expansion
of the business since then, not only in this
State and Illinois, but throughout the West,
has been marvellous. The poultry and eggs
has been marvellous. take considerable pride
I'm having been the first to demonstrate
that so perishable a product as dressed
poultry could be successfully shipped to
markets 1000 or 1900 miles distant, In mid
summer, as well as In holding the first
place as the leading shipper in this line
for years.
II believe that Morris e. Co. and the
other packers, with their exceptional ia
cilities for distributing and marketing
fhofr hnndradG 0f hran
markets all over the country. are able to
handle the surplus poultry and eggs of
this section more economically and to
serve their customers East and West bet
ter than the average shipper.
I'm selling our outside houses and East
ern interests we will be able TO give more
attention to the local market which is
becoming increasingly important as a but
ter and egg point, and l shall devote my
time to other important interests with
which 1 am identified