The Daily Alaska empire., 1934-01-28
Fish Plant
 Calls Year Successful

AAtC OullSdu SOiu OAdSC SOAi pany, Inc, just completing its sixth year of business since the completion of its new plant, re- ports business for the past year successful, and the final results satisfactory to the management.
 During 1883, the Company pur- chased and froze more than 4,600,- 900 pounds of fish, including fish purchased by other agents at Ju- neau over their dock, as well as purchases made directly by the Cold Storage Company at Juneau and through its branch at Sitka.
 Preparations of the opening of the 1894 halibut season include ap- proximately 1900 barrels of fresh frozen herring on hand. The large ice storage is filled to capacity for outfitting the fishing fleet. The Company expects to purchase larg- CT quantities of halibut and salmon than ever before, and in addition, announces that in all probability one other large concern will be operating in the Juneau plant this coming season.
 ETpansion Planned
 As a result of the success shown by the Sitka branch which was opened two years ago, further plans for expansion are now under way. At present, these call for a new branch office in Ketchikan, where halibut and salmon will be purchased and frozen.
 Generally speaking, fish busi- ness throughout the states showed marked improvement during the past year." said Wallis George, president and general manager of the company.
 ''In fact" he continued, 'this change was so noticeable that deal CTS, wholesalers and retailers alike are quite enthusiastic over the business during the past season and the possibilities of even great CT improvements during the com- ing year.
 Profits Realized
 For the first time in two years sales have netted margin of prof it, and unless something unfore- seen should arise, this same con- dition should continue during the coming year.
 "The same may be said regarding improved conditions both for the halibut fishermen and the salmon trollers for prices paid during the last season. The curtailment pro- gram inaugurated by the halibut fishermen themselves at the begin ming of the last season was largely responsible for increased prices.
 "It is believed that a similar cur tailment plan for halibut fishing will be in effect during the com ing season, and it is hoped that this will again bring good prices this year"
 The present Juneau Cold Stor- age Company is the outgrowth of small fish business started in 1903 by Oliver Orange, now treas urer
 The company then had no re- frigeration machinery for the care of fish, nor ice plant. Taku Gla- cier supplied the ice. When hali- but boats were expected, a gasboat went to the Glacier and returned with a huge iceberg in tow, which was hoisted to the dock and crush ed for the icing of fish for ship ment south.
 In December, 1926, an expansion program was adopted and Wallis s. George, then treasurer of the Company, was authorized to nego- tiate for the purchase of the pres ent site of the company, and ar range financing a new plant.
 Construction was begun in May, 1927, and completed in October. Operations continued in these new quarters throughout 1928. However the plant proved too small, so in 1929 the capacity was again almost doubled. Today it has capacity of practically 100000 pounds fish storage, 80,000 pounds sharp freez- CT, 100 tons general storage and 1,500 tons ice storage with equip ment to manufacture 25 tons of ice daily.
 Ample fish shed accommodations and equipment have been provided and offered to all dealers interest ed in purchasing and freezing fish on Juneau's waterfront.
 Practically all bonded indebted ness has been paid off, only $23,000 in bonds outstanding.
 Officers of the company at pres ent are Wallis s. George, Presi- dent and General Manager; John Beck, President; John Malon- ey, Vice-President; Oliver Orange, Treasurer, and Harry I. Lucas,