The story of Pittsburgh: Food products

Food products (Vol. 1, nr. 12)

Bibliographic data

Multivolume work

Identifikator:: 1831622599

Document type:: Multivolume work

Title:: The story of Pittsburgh

Place of publication:: Pittsburgh

Publisher:: First National Bank

Year of publication:: 1919-1930

Collection:: Economics Books

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Volume

Identifikator:: 1831623587

URN:: urn:nbn:de:zbw-retromon-241112

Document type:: Volume

Title:: Food products

Volume count:: Vol. 1, nr. 12

Place of publication:: Pittsburgh

Publisher:: First National Bank

Year of publication:: 1925

Scope:: [ca. 60] Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Armour and company

Collection:: Economics Books

But having established the packing industry on as wide a scope as it then was possible to establish it, the pioneers of the business began to see the possibilities of its growth and they began to seek ways in which greater quantities of surplus might be cared for and whereby waste of product could be avoided. It was in that endeavor that refrigeration was developed. At first refrigeration was quite crude and it consisted pretty largely of warehouses constructed something like ice boxes, with the interstices between inner and outer walls filled with ice that had been harvested from the nearby lakes in the winter time. The value of refrigeration became immediately apparent and the packers availed themselves of the best engineers to evolve artificial refrigeration and refrigerator cars which would permit a nation-wide and year-around dis- tribution of their products. It was not until in the seventies that refrigeration reached the point where it may be said to have exercised such a vital influence on the industry as to make the work “packing” a misnomer in characterizing it, lor no longer were the major portions of products packed in oarrels as they once had been. With refrigeration came ability to utilize virtually every portion of meat animals and the development of by-products which have taken such a prominent, if not almost dominant, place in the economics of meat packing. The financial history of the packing industry is quite similar, indeed, to the chronological history of the story of its development. As the business grew beyond state borders or trafficking in provisions, a much greater investment was necessary to carry on the work. Armour and Company, for a considerable time after its formation, was a partnership and the partners were placing back into the business a major por- tion of their earnings each year. The necessity for a corpora- tion became apparent about 1900 because of the ramifications of the business having become so great and because of the facilities of operations and the economics of financing that would accrue to a corporate entity. There were branch houses to be maintained—the branch house system has grown from one house in 1869 to more

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