The Daily Alaska empire Newspaper, January 28, 1934, Page 9

DEVELOPMENT EDITION—THE DAILY ALASKA EMPIRE, SUNDAY, JAN. 28, 1934. =] PACKERS AND PRODUCERS OF Scotch and Norway Cure Herring Edible Herring Meal Herring Oil g PLANT AT BIG PORT WALTER SOUTHEAST: ALASKA 200 BELL STREET DOCK SEATTLE, WASH. | et e . e et et ARENTSEN & THE COMPLIMENTS OF Agnew Fur Sales IS EXTENDED TO ALL ALASKA We hope to have the opportunity of demonstrating our ability to give you service and satisfaction. L g Agnew Fur Sales SEATTLE e WASH. SEATTLE OFFICE: 200 BELL STREET DOCK PACKER OF Fresh, Frozen and Mild Cured SALMON WRANGELL, ALASKA LONGVIEW FIBRE COMPANY « Offices at Longview, W ashington 1 | are quite enthusiastic over the Fish Plant Calls Y ear Successful The Juneau Cold Storage Com- 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 1933, the Company pur- chased and froze more than 4,600,- 000 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 1934 halibut season include ap- proximately 1500 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- | er 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 comirig season. Ezxpansion 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. 4 “Cenerally speaking, fish busi- |ness throughout the states showed {a marked improvement during the past year,” said Wallis George, president and general manager of the company. “In fact,” he continued, “this| change was so noticeaBie that deal- ers, wholesalers and retailers alike business during the past season and the possibilities of even great- er improvements during the com- | ing year. Profits Realized “For the first time in two years | sales have netted a 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- ning of the last season was largely | responsible for increased prices. “It is believed that a similar cur- tailment plan for halibut fishing | Il 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 a small fish business started in 1903 by Oliver Drange, 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- iment south. In December, 1926, an expansion program was adopted and Wallis 8. 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 a capacity of practically 4,000,000 pounds fish storage, 80,000 pounds sharp freez- er, 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 Reck, Vice-President; John Malon- ey, Vice-President; Oliver Drange,| Treasurer, and Harry I. Lucas,| Secretary. Northland Proves Huge Business Asset to U. S.| (Continued from Page Five.) tory, and wire nails used exceeded 14,000,000 pounds. For photographic goods, includ- ing kodaks, cameras and film, Alas- kans paid out $1528416 in nine years, Large sums went for musical in- struments, toys, medicinal and pharmaceutical preparations, paints, and ammunition. It has been said that Alaskans| are omnivorous readers. The rec-| ord seems to bear that statement| out. It shows that in nine years| they have expended $2979.898 for| books, maps, pictures and other| printed matter. ! These are the major items on Alaska’s market list. They pur- chase them in substantial quan-| tities every year. 1 Ghe Mt. Juneau Brewing Company The brewing business is one of the leading industries of the country and returns a good net profit for the investor. STOCK The Mt. Juneau Brewing Company offers stock for sale, common at no par value and preferred stock at par value of $10. per share, carrying a dividend of 7% annually, payable semi-annually, and re- deemable. With each share of preferred stock is issued one share of com- mon stock, and after the preferred stock is redeemed, the investor is still the owner of the common shares issued at the time of purchasing the preferred stock. i The proceeds from the sale of this stock will be used for buying property, constructing the building, purchasing and installing machin- ery and other equipment. STYLE OF BUILDING The old style dark, dingy and ill kept breweries were not con- ducive of promoting a desire for the beverage and were not strictly sanitary. The modern conception of beer is that it is a beverage and to promulgate this idea a full view of the brewing processes is desirable. The exterior design of the Mt. Juneau Brewery carries with it the modern idea of advertising the product at the factory. The oper- ating portion is all glassed. The interior arrangement for processing, storage vatting, barrel- ing and bottling systems are the very newest, and the best for economy, efficiency and dependability. . All plans and details for construction of building, installation of machinery and other operating equipment are completed, ready to start construction. MARKET FOR PRODUCT AND EARNINGS There is a tangible market, at very conservative figures, for Juneau, other cities and communities in its vicinity, of between 8,000 and 10,000 barrels per annum. Including cost of brewing and all taxes the profit on 10,000 barrels per year would mean an income of $80,- 000 per annum—a good profit on each share of stock. With the in- crease in population which is assured through the stimulus to mining throughout this area, the above figures will undoubtedly be greatly increased. EMPLOYEES The master brewer is a highly trained man and will be in charge of the brewing operation. The brewery will employ steadily 8 men. CORPORATION AND ITS PURPOSE The Mt. Juneau Brewing Company was incorporated under the laws of the Territory of Alaska, June 8, 1933, for the purpose of owning, equipping and operating a modern brewing plant in the City of Juneau for both barrel and bottle beer, also the manufacturing, bottling and trade in beverages and liquors of all description. INCORPORATORS The incorporators are G. E. Krause, John Green and Oscar Harri, all long time Juneau business men and with heavy property interests in Juneau. FOR FURTHER INFORMATION WRITE ANY OF THE ABOVE JUNEAU, ALASKA L § 4