Decatur Daily Democrat, Volume 60, Number 20, Decatur, Adams County, 24 January 1962 — Page 4

PAGE FOUR

Central Soya Company Has Remarkable Growth From Humble Beginning

By Jack Heller The office of Tom Allwein, plant manager of the Decatur Central Soya plant, might sunwise many people. It is neither plush nor gaudy It is pleasant, functional and efficient And, by being so, it exemplifies the overall picture of the Central Soya company, a nowsprawling complex of agricultural production that got its start in Decatur in October, 1934. Friendliness and efficiency are still the aims of Central Soya, even though it has grown from a small feed and soybean processing plant in 1934 to the 172nd highest ranked U. S. company In 1960. Through all of this growth, aid to the farmers, development of new products to help both the customer and the company, and a vital interest in the communities in which they locate, has remained uppermost with Central Soya.

It is virtually impossible to place a figure on the value of a firm such as this to the city of Decatur, just as it is impossible for the company to place a value on the city ot Decatur. There were many local people who went way out on that long limb back in 1934 along with “Mr. Mac,” D. W. McMillen, Sr. That the limb was sound, and has grown beyond the dreams of any of those on it, is exemplified by the fact that Decatur is now considered locally as the soybean capital of the world, despite other claims to the tide. Common Growth The growth of Central Soya to a giant in the field of agriculture coincides with the growth of the soybean from an agricultural “step-child” to a major world crop of ever-growing nutritional importance. It is no coincidence. Since its beginning, Central Soya has pioneered research to expand the scope of the soybean. The results typify the free enterprise system. The company has grown, and the world has benefited.

Sheets Annual January Sale! ONLY 3 DAYS LEFT DURING THIS STORE-WIDE CLEARANCE OPEN EVERY NIGHT THIS WEEK ’til MO P.M. ONE GROUP TADLE LAMPS BUY ONE AT REGULAR PRICE EXtfd l8(1gtll GET MATE FOR St RO DOOR MIRRORS 24x68”—REG. 19.95 SALE 15.95 22x68”-REG. 17.95 SALE 14.35 20x68”—REG. 15.95 ... SALE 12.75 18x68”—REG. 13.95 SALE 11.15 16x68”—REG. 11.95 SALE 9.55 TRIPLE DRESSER CINNAMON FINISH 79 y 5 75°7 OFF DELUXE MATTRESS ON ALL PLATE GLASS laid with gold. 11l aI I UIDD AD O ™ mon coils, Phu an authentic pocWALL MIKKUKo tore feature.! lh». ARMSTRONG DINING ROOM | II | A I |) DINING ROOM DROP LEAF TADLE . -= ROUND TADLE 4 "CHAIRS-BUFFET-CHINA LIIIULCUm 4-CHAIRS-BUFFET-CHINA 289 95 I°°“ ™ -™ 285 95 LIMITED QUANTITY SHEETS FURNITURE • All Sales Final 150-152 5. Second St. Phone 3-2602

Central Soya new operates four major divisions: processing, McMillen feed, grain, and chemurgy; and much of the vastness of the company is superfluous to the everyday life of Decatur, Indiana — with the exception that it was here that the company started. But there are other facts that are vitally pertinent to each resident of Decatur. The annual payroll of the Decatur Central Soya plant runs in excess of three million dollars. While it is difficult to state that all of the money remains in town, much of it does. Regular employment at the Decatur plant averages 500 people, and it reaches as high as 550 to 600 during the annual bean rush. Transportation Giant The importance of transportation in the company’s operation is often overlooked. Central Soya is a substantial user of rail transportation in Decatur and one of the largest shippers in this part of the country. All three lines serving Decatur — Pennsylvania, Nickel Plate and Erie-Lackawanna — par-

ticipate in this business. In addition, many trucks serve the plant by bringing in soybeans, grain and feed ingredients, as well as handling outgoing shipments of soybean meal, soybean oil and livestock and poultry feeds. Over IN homes have been constructed in Decatur through a branch of Central Soya known as the McMillen Home Building Corporation. And the people who have filled these homes are a much more important contribution to the city. By encouraging its employes to he interested in Decatar, Central Soya has consistently furnished civic leaders on every level. Another interest of the company that started here is in the youth of America. It is a participating member of the national merit scholarship foundation, which annually awards a scholarship to a deserving high school graduate. Prime Interest With all the other areas of concern, the prime interest of the company is still the farmer. It is from the farm that the primary products arrive, and many of the manufactured results go back to agriculture. In the common interests of the farmer and the company, continued research on the part of Central Soya has produced many farming innovations that are now accepted as standard procedure for practical farming? These developments have made the Decatar Central Soya plant the world’s largest soybean processing and storage unit. In addition to the ever-

MM MKteVA MO WtMMRIfIL

growing übm pt the aoybeaii to this country, the one-time little thought ot bean han blemomed into a vital force for fighting the ideological enemies of our country. Through constant research, methods have been developed to produce high-protein concentrates for human use that are today providing desperately needed nutrition for people in South America, Asia and Africa. These people are gaining in health through the results of free enterprise, and they cannot fail to note what benefits free enterorise offers. Overseas Offices From a small processing plant, Central Soya has grown to the extent that it now has an overseas office in Rotterdam, Holland; has formed a joint venture company (Central Soya Seriom S.P.A.) for the manufacture of Master Mix feeds in Italy; and will further expand these world-wide facilities as the needs and opportunities arise. The main office of Central Soya, Adams county’s biggest single taxpayer, has always been in Fort Wayne. This Is the communication and nerve center of the entire operation. But. as far as Decatur to concerned, here is where the company started. Continuing to practice its friendliness and efficiency, Central Soya will continue to grow. Regardless of its size, though, Decatur will always be the “home-town” and starting point for this world-wide industry. The company will always be contributing to Decatur, and Decatur will always be contributing to the company. It has proven to be a good partnership. ■ 1- L_. New York Stock Exchange Prices MIDDAT PRICES JL. T. & T., 129; du Pont, 230; Ford, 103; General Electric, 71%; General Motors, 54%; Gulf Oil, 39%; Standard OU Ind.. 53%; Standard Oil N.J., 50%; U.S. Steel, 73.

Decatur High School Honor Pupils Listed Forty-seven students are on the honor roll for the third six weeks of the first semester at the Decatur high school, Hugh J. Andrews, principal, announced today. Hie complete list follows: . A B Susan Mayclin ..5 1 Tom Baxter .• 5 John Beeler 5 Richard Doty 5 Paul Feller 5 Margaret Kocher 5 Tim Singleton 5 Kathleen Smith 5 David Swickard 5 Cynthia Cravens 4 1 Colleen Kelly ... 4 1 Kathleen Shoaf — 4 1 Rita Spence 4 1 Ann AUwein 4 Patricia Beam 4 Katherine Bischoff 4 Marilyn Knudsen 4 Thomas Mclntosh 4 Monica Marklund — j—— 4 Jean Swickard 4 Dennis Ahr 3 1 James Brown 3 1— David Bracey -- 3 1 Judith Heere 3 1 Ted Kleinhenz 3 1 Craig McEwan —. 3 1 Dorothy Smith - 3 1 Jane Tumlin - 3 1 Cynthia Collier 2 3 David Gay 2 3 Thomas Maddox ... 2 3 Judy Tutewiler 2 3 Tom Whitaker 2 3 Jane Burk 2 2 Neil Butcher ... 2 3— Mary Eichenauer 2 —3 Janet Fugate 2 2 Sue Godsey 2 2 Dan Heller * 2 2 Alice Lillich ' 2 2 Carole Mitch 2 2 Susan Ostermeyer 2 2 Rita Norquest 2 2 Kenneth Riffle 2 2 Cheryl Sapp 2 2 Penny Schmoll 2 2 Gary Schultz 2 2

I Here On Thursday The mobile X-ray unit will be stationed at the courthouse Thursday and the public is invited to take advanage of tne free unit by receiving a chest X-ray. The unit will be stationed at the courthouse from 9:30 a.m. until 1 o’clock In the afternoon. Food handlers are urged to use this handy and convenient service. The mobile unit was stationed at the General Electric Tuseday, and will be at the Bag Service from 2:30 until 5:30 p.m. Thursday. This location will service the Krick-Tyndall and Decatur Industries also. I 20 Years Ago | Today Jan. 24, 1942 — The state board of election commissioners has ruled that men serving in the armed forces may vote by absent ballot if property registered. Jay Cline, 77, former Adams county assessor, died suddenly at his home in this city. Thirty Girl Scouts and their sponsor, Mrs. Gerald Strickler, enjoyed a carry-in supper at the Decatur high school home ec room. Australia orders full mobilization of all home defense forces as invasion by Japanese is feared imminent. - t High school basketball results: Bluffton 39, Decatur Yellow Jackets 36; Monroe 40, Hartford 24; Monmouth 23, Kirkland 20; Jefferson 59, Poling 25; Berne 54, Warren 45; Lancaster 28, Pleasant Mills 20. Indianapolis Livestock INDIANAPOLIS (UPI) — Livestock: Hogs 5,500; unevenly weak to 50 lower; 90-225 lb 17.50-18.15; bulk 180-240 lb 17.00-17.65; 240-270 lb 16.50- 270-330 lb 15.75-16.75; 150-1751 b 15.50-17.25; sows weak to mostly 25 lower; 280-400 lb 475-16.00; 400-600 lb 14.00-15.00. Cattle 1,425; calves 75; steady to strong; choice steers 26.0026.75; good and mixed good and choice 23.00-25.50; choice heifers 24.50- good and mixed good and choice 22.00-24.50; cows uneven, steady to strong to 50 higher; utility and commercial 13.50- canners and cutters 12.00-14.50; bulls steady; utility and commercial 18.00-20.00; vealers steady; choice 36.50-37.00; good and choice 29.00-36.00. \ Sheep 400; steady to weak; choice and mixed choice and prime wooled lambs 17.00-18.00; good and mixed good and choice 14.00-16.50. Chicago Livestock CHICAGO <UPD—Livestock: Hogs 6,500; weak to mostly 25 lower; No 1-2 190-220 lb 17.50-17.75; few lots early 18.00 and 50 head No 1-2 200 lb 18.25; mixed No 1-3 190-240 lb 17.25-17.75, mostly 17.2517.50 : 230-270 lb 16.75-17.25; No 2-3 240-290 lb 16.50-16.00. Cattle 13,000, calves 100: slaughter steers and heifers steady to 25 higher; short fed steers over 1300 lb slow and weak; vealers steady; around 12 loads prime 1175-1400 lb steers 28.00-28.25; several high prime loads still unsold; bulk choice and mixed choice and prime 950-1450 lb 25.75-27.75; loadlots mixed good and choice 25.0025.75; most good 23.00-25.00; load prime 995 lb heifers 27.50; a new high on heifers since January, 1961; loadlots high choice and prime 27.00-27.25; bulk choice 25.50- good and low choice 22.50- few standard and good vealers 20.00-28.00. Sheep 1,200; slaughter lambs strong; small package prime 72 lb wooled slaughter lambs 18.25; around 4 decks choice and prime 105-109 lb fed western wooled lambs 18.00; choice and prime native wooled slaughter lambs 17.5018.00; good and Choice 15.50-17.50; load choice and prime 114 lb shorn fed lambs No 1 pelts 17.00.

y' - * ' / •<'> '" : - Nu. ■ ,? “ I ■ -i * -fUM ...' /. ■ a mF ■ i f ■•■ JPW*R£sl\. ..■ v : tlB aiSte^wllM^^ri H . --■ *»-* ■’ ' lejjal' .. - x *'- USHb Ll '

i ICY CHORE DOWN ON THE FARM*—Animals get thirsty and it’s up to the farmer to provide Water no matter what the weather. Here Leonard Peters of Inman, Kan., braves . ax-bdow-zero cold to remove ice which formed on the tank holding water for his stock.

ONE EOR THE SCRAPBOOK—Winter's Icy breath even extended into the bayous around Lafayette, La. This acene of cypress trees and Spanish moss takes on an incongruous appearance as riratera and dlrtrns take advantage of I 3Ud» <nuuaoaud frees* -

| Modern Etiquette j By Roberta Lee > ; Q. What comments can you make regarding the manner of leaving your seats at a theater performance during the intermission? A. If you do leave your seats, go out by the way which requires disturbing the fewest persons. Try your best not to trample on any feet and, above all, be sure to return BEFORE the curtain rises again, particularly if your seats are midway between aisles, Q. Is it proper for a widow’s married daughter to annonuec her mother’s second marriage, and may the widow’s son give her away? A. The announcement should be made by the widow and her second husband, but it would be quite all right for her son to walk down the

Racketeers’ Stock Deals- Investigated

WASHINGTON (UPI) — Atty. Gen. Robert F. Kennedy said today the Justice Department was investigating stock deals made by major racketeers to see if they violated federal laws. Kennedy said in an interview that big-time gangsters have been involved recently in suspicious stock transactions in several areas of the country. This seems to be part of longrange efforts by rackets figures, more pronounced in recent years, to channel profits from illicit activities into legitimate businesses, Kennedy said. “We are making some progress in this investigation,” the attorney general said. He declined to give details or locations of the inquiry but emphasized there was no evidence to show that the major stock exchanges in New York City were under any racketeer influence or control.

WEDNESDAY. JANUARY 94. 1963

aisle with her and also to give her away. Q. When cake is served, and no forks are provided how should one eat it? A. Break it into individual pieces, much as you would a slice of bread or a bun, and lift them to your mouth with your fingers. Chicago Produce CHICAGO (UPD—Produce: Live poultry roasters 24-25; special fed White Rock fryers 20*621; Plymouth Rock fryers 22-22%; ducklings 27. Cheese single daisies 40-41; longhorns 4 0-42; processed loaf 38*6-40*6; Swiss: Grade A 51-52; B 49-50. Butter steady; 93 score 59%: 92 score 59%; 90 score 58%; 89 score 56%. Eggs firm; white large extras 42; mixed large extras 41; mediums 39; standards 35.

Justice Department sources said that investigators had found “some manipulation” of stock prices by underworld figures. This involved artificially induced buying and selling of a stock, either through an exchange or over the counter, to push up the price, the sources said. Other findings have shown that racketeers have bought control of some companies by stock acquisition, according to these sources. The FBI, Security & Exchange Commission (SEC» and the Justice Department's organized crime and racketeering section have been alerted to watch how 'KhWn gangsters invest their money. The security frauds were reported to be centered in the New York area, but have been discovered in other big cities since the inquiry started.