The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-07-29
Headquarters for Stockmen.

:. In addition to the money received
direct from the employees Of the insti
tuition, the packing house means that
hundreds Of stockmen will come to the
and will expend a good lot Of their
cattle-sale receipts in Minneapolis ho-
tells and shops. The city will become
center of cattle marketing and it is
not too much to expect the aggrega-
ton of several allied industries in the
vicinity Of the packing houses. -,
While the packing plant Of the Ar
mour company must necessarily be
show point for visitors to the city, the
whole prestige will not accrue from the
ability to show off the third or second
the whole: country, but in the advertis-
ing Of Minneapolis that must necessari-
ly go with the distribution Of the prod
uct Of the factory. The value of this
| advertising will to large extent de-
pend on the fact that the new Mime
apolis factory will have eliminated
every distasteful feature that has been
50, publicly connected with stories of
the packing industry in other cities. It
will be an absolutely clean and modern
,esta blishment, and this condition will
result in a demand by meat eaters for
the goods which are killed and packed
in the Minneapolis plant.
+ City Money Center.
Minneapolis bank clearings must in
crease to an enormous extent in the
operation of a big packing plant by
/ the. Armour people and Of other insti-
! buttons that may follow. Expenditures
for the building and equipment Of the
plant, disbursements in wages and run
ming expenses, payment Of taxes, liqui-
datlon Of bills for cattle on the hoof,
must all pass thru Minneapolis bank
ing channels, and the rapid Jump that
will result, with Minneapolis already
in the small billion dollar class, must
push, the city several pegs higher in
the list Of financial centers
!. Naturally the grain market should re.
ceive boost if only from the demand
for feed for cattle that are fattenine
and waiting slaughter here. The Ar.
mour relation to the grain market is
well known, and with his heavy invest
ments IN Minneapolis, it is not at al
improbable that the primary market OF
the country will profit Indirectly from
the building of his packing plant il
Minneapolis.
! While the mere announcement Of the
Armour plans will undoubtedly open g
wide range of speculation as to thu
future commercial position Of Mime
apolis, and will give the city com
mand OF pubic attention that is wortl
millions, the selection Of Minneapoli.
as a stragetic business point by til,
big company is acknowledgement tina
the proud belief of Minneapolitans thai
the city is to remain the undisputet
commercial center Of the northwes
and the permanent distributing poin
{ is correct.
Site Is Ideal.
The Armour people have chosen /:
tract Of land which is unsurpassed il
Minneapolis for the purposes for whicl
it is destined. It is at the edge of tn,
city and therefore outside the con
gested railroad district. Grade cross
ing restrictions and other difficultie
4 which attend the operations of freigh
trains thru a city are eliminated b,
the choice Of land that is mostly un
tplatted. The new stockyards ar
$ ttwenty-four hours nearer the rang
!, than South st. Paul, the nearest com
i petitive point, and $3.50 car cheape.
= The saving Of $3.50 a car switchin,
charges over the South st. Paul mar
!, ket will make hundreds of dollars ne
8 profit to the stockmen in a season !
= IL