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THE MACARONI JOURNAL
Volume 65 I No.3
July, 1983
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I .,I, loll :; \1 ... . 11 , .", .. , t ... 1 The Subsidization of Italian Pasta •• =
"T"4M dramalK incrta~ in imporu of foods .'OU1d be eli,ible for upon re a«Unlins 10 indUiolf)' ntimllo '. J. pa!oll product' from h.I)' hal dr"~' n funds, The refunds "'ere intended 10 e.u.ud tipt ptrccnll in I'IKl, cooskJcrablc I!lention 10 the \!Ipon co"er lhe dirrerenct btt.'ttn quolalions O\~r . in lhe mosl imponant I PROFITS GROW rdurtd proCfllm of .he: European Ec0- or prien 'or lhe component cercal marht. Nc ..' York-Nc ..' lcn ,', nomic Communit), C"E.C:' ...' hich hu (~. , . dUNm wheal) on lhe world mit dust!')' rcpr~nt.li\' n c:slima : I'rael)' Men .nporniblc for the in. loCI and the: hi,her prien " 'jlhin thc Ic,'c1 of import penelration h , be erule in Ibm...· imponl. In rnpunse In Community. The refund on pula. how c.cns of 10 p:rccnl. tns Ill .. " In Ihis l ubWdy prUJl'am. the Natiunal c"er. " 'hkh hal ftuctuatcd linet 1975 )'c;arl 110. such imporl pcn~ ! fiaIk1 Pisia Anodl tion , "NPA" I • • non· bctWf'Cn 3 and 12 unUi a pound. and ..' as nc,lipblc. currenlly amounts 10 oyer 10 ccnll a wh.n food .x.""lon dies profit Irade 11SOCiation . 'htl mcmbcn Incrcaw:d import volume: IUlJ K'tOUnl for 0\'(( ~rccnt of 9S .n pound. dearly excC't'ds Ihal wot'W-E,C. port penelralion. hn ..' c,'cr. ar~' palll produced in this country. filed price diftncntial. Thus. Italian pro p.rt of I~ problem. Industry or. main.ained In un October 16. 19K I •• ('Clition under ducers. the principal beneficiaries of indicate thai subsldimJ imporh ,ccdon 101 otitic Trade Act of 1974. lhe procram. 10 urwkBeIl U.s. pro becn undtnc:lIin, U,S. prodUl.'cU good-o ..n.w The pethion .lk,n! thl' d~ aranlin, ducen in lhe U.s, markl.:t. Thc price lhe New York-Nt.' lent)' mouLd by the E.C. of expon luMidics on undemlttin, has manifested 1I1C1f bnlh o"er 15 p.'fccnt al lhemail Icwl. (ondi.ian. pa"'" directly ,·toIltH Article 9 of lhe II the wholtule Ind rtlaille\'C1 despilt lImos. 25 percm. "' .he ...... GATT SulKidics Code which pro adnnt.,.."'1 proximit), and the 01 mar Itnt Tbk dots nOi like hibitl It.c panlinl of upon subsidies k" ace ... held by U.S. producen. promodonal uranp:mcnts .. on proccuttJ producn. The pt'ilion .Sitnific'aIHY u/,It, flUt" C4l~ suptrmarkcl chains•• ' here the .Iso aUqed th •• ahe upon refund sak price of the hlliln B. anured of P'0Jf1m PI,ta is one ot many prOCHKd had eluted "ltrious prcju. be I'lOre than )0 ptrccnl products btnditin, from lhe E,C. (I. dkc" 10 the U.S. pa.u. industry in price of comparable U.s. su~k1)' proer.m. A, pan ill .roubl.. fr .. apera.ion violl'ion 01 Anicle 1 01 .he Code by ron of Mom)\'CT. there iI e"idtnce displKin, U.S. rrodUC'Crs in domniK Common A,ricullural Policy. lhe E.c. supcrmarkel chains have srcall)' ~ubt.idi.ln--in addition 10 basic .pt. and maximum produdlan markdl. «used the amounl of lItelf SllOk't cultural commodil~.portl of dis Subsequenlly. .he 0IIice 01 .he \'Otw \', subsidiud lillian tilled spirits. chocolate. icc cream. United 91.atn TroMk Rtpr~nl.li\\." " 'illl lhe r... wlt Ihal cenain of high quality produd, cand)'. p.slr)'. bh.cuils and man)' other C" USTR" ) Inilialed an in"C'SliI3Iion blinds huc been diioplaced Iu prucfi~d food .. , In fact. the E.C. has on No,'Cmber 30. 1981. and ~imul· room for the cheaper importC\J i l ~ appropriated almoil $)00 millKH1 for by r•• urnlng your dl., '0 u, Iincously ~unlcd hililefil consul· Thc lOIS or displacement uf we 1983 10 suppnrt the uport of "aoOOs tations 'A'ilh the E,C,. ostensibly lu spoK'\.·. as ..'til as the &eneral obeained by procenin, I,rkuhural .u,,,,,.,. for "",ring cleaning" and 'Auk out • ~l1ement of the dispule, lion of price. indicates that ,l1()1,.))," Such urons undcl'KII U.S. 11<,'''''• • The rcqunt for ctlnsullalionio " 'U prooucen are Ih~alcned "'ith producers In both lhe U.S. and third denied b)' the E.C. ah~r a monlh itantia) lon,-Ierm injury unitt.- I reconditioning ...•h. ''''0 rounlr), markell, If lhe GATT pancl refusal 10 rnpond. Follo ..' ;n, I fliled lrends arc quickly rc''trsN. aUempt at concilialion. lhe Uniled decision nn pastl is adopted by I~ SubsidteJ. Codc Commitltc. it ..ill fin. ".p '0 Statn rC'ClUntN lhe establishment of St'('li'JII 301 Ornwuttls a S'" ) ,.~ forcc Ihe E,C. into a major relUC5s I GATT panel 10 rule on the valKlil)' R,SPCHU' CHI 8,,",,/ III fh~ menl of ill Common A,ricuhural nt the U,S. IlIcraltonS, The panel pro U.s, rQJ/d Indus/'l' growing profi". ,'Mkd ill "port to the partirs on April Polk)' I~ it applies 10 processed prod· If The NPA is encoura,cd by t 19. 1983. The report-..' ith only one ucls. lhe E,C. fails to untkrtlke mis rcassnsmmt. a series of addiltonal pori 0/ .he GATT "... 1 whi< member djUC'nlinl-~upponed an or paSia-tnt(: Cisrs ma)' ,0110 ..· • IS ,,"cl1 firms ronc:luw,'Cly lhal thc E,( Our BO'1. lhe U.S. 11Ieillions and concluded lhlt in possible rdltiltion, sKJ)' on pa"a ,ioilies inlcrn Ihe E.C. exro" rdund on ptitl is an commitments embodied in Itk ~lpon subsidy on a prOC\.-sitd product Tltr Impoc, tI/ S"bsiJi:t'J IlIlIian ,id~ Code, The domestic il and Iherdore fllOhibilaJ b~' the Sub P,uta Impcwu 1m IIw US. MlUlir' ""ckomcs forti,n comrnilK)I AnniverJar'J sidies Code, The ~port is now btfore The increait: in the \'oIulM of im rompnns " 'ilh alfCCt.l-upon i' Ih~ Commilltc of Si,lnIIOrk"t. of the port, of ,ubsidimJ hali.n pHil prod lionll norms of ',ir trade. It SubsidiC's Code ,,'hich " 'ill hive 30 Call nm., lor (,lImpldt' JrtuilJ, ucl~ has been Istoundin" From a view of the domestic: industry tla)'s In \'Ole un whelhel' 10 adopt the ever, that when Ihose norms ha, antl ,'olume of 10 million poundJ in 1975. r "pori. It.lian imports of pastl conlainin, no violaled. lbe P/CSk!cnt musl rl to or cII products. inertased 429 viaorously-and if nccnsary UI , D. mllLDIUU E.. Sons, Inc. Th~ F.,c. S"bJiJJ' "wKrat/l IU)'-tO counter lhe adwne ptfC'Cnr to I volume of 52.t;. million 557 THIID AVL ••DDKLYH. H.Y~ U.S.A. 112U of lhe offcnding practices. SectM It )(II 'rhe E,C. ronsidcn \.'J.pot1 subsidies pound. in 1982 (I« Table II. Oiled T...... (2121 4"·3555 fundunlentll 10 the (}\' ~rall fUrK1ion un fil"r< E.( In fitlblishins • common market for ccN 60 million pounds.. Whereas in ..ill be lobbyin, intensely .ilhin A":nin(llArraI MIIt'fII'OIII Dl~ AlMerl Since 190J • Wi,h AfdlUlpmtn, COnlinuously Rt',ditlt'd In Same Fcunily «reals. tbe E.C. pro';ded thlll C'Crtlin 1975. lhe ~vcl or import ptntlrllion Sublidin Code's Comminee of ' cereal products uportoo as procnsed was. 1m lban four ptrtcnt. 1M k\'cl. tories 10 prncnt the adoption ',1;-... i" "" 4 I",y. 1913 5 * in alluring confidence to pula factories· all over the world * with the mOlit advan~ technoloty * bccaUIC of experience acquired th~ut the world
BRAIBANrI "HT" lines 41 In rrALY II ia F1tANCE When there is II In U.s.A. • i. JAPAII "IDGH" Temperature 5 in PORllJOAl 5 ia SPAJII to be considered, • in GERMAIIY • ia U.5.S.R. the preference J ia VENEZUELA J in POLAIID 0 ' ~ hc of the customers J ia SWITZERLAIID 'If 01 • I in AUSTRIA ·LOWEll-U.s.A. IS I ia BOUVIA I in CZECHOSLOVAKIA fEMPERA TUR " " I ia FlIlLAIID I ia OIlEAT BRITAIII I In GREECE I ia IIIDIA I in IRAN I in HOl.I.AND I ia RUMANIA I In TUBJ(I!Y M., G. BRAIBANTI & C. So P. A. 20122 Milano- Largo TGscanini 1 mol wbich 53 ... "" ...... INGG. 60 ......
. • • bnlcla ....ID
Not.: ... ' it"'"' ,,",*,cd undH the Genetoli.td S",t"" of P,.f.'"nce ptO¥itions of the Tf'OId.t Au of 197 ... Soutv.: U.s. a....ou of the CenM4. ~t"""'t of Ccnwnerc.e. " U.S. l"..,ont 'Of" ~;cw, and Gene,ol Impor1l, .. RIPOf I H 146. """"'01 1197S, 1976. 1977, 197'1. U.S. ",- co, of the c.m..t. OnIon"..", o' Commeru. " U.S. Impottt tOf" C~ion." Rrport 1M I .. , . MorIthty fOre,,"*, 1979, DrKambet-. 1910. DKtmbIf. t9ll, $eptnt\bef. 19121,
The Subsidization of EEe Agricultural Frc:nch r~nc and the intcr.E£C It Italian imparts Products Subtldl .. alignmtnt of Dluional currtnclcs. DutdI farmcn 10 lhc tonlrary. will onl)' nt! IContn.d "em poge 41 If ~ ' ou were at the North Dakota Mill, European Economk: Community's about one-halr • ptrctnl pin. Fait· GAIT panel upon. I( .he E.C. is common apiculture policy or subli. l~a\'eI"gc quality EEe wheat _ill )'oll'd see one 01 the most modern succeuful, its Uk,al sublid)' PrDlrams diDn, r.rm Clpo"I II below world dr.... an inttmntion 01' support If''"1 mil li ng lacilities in the world_ You 'd on • wide ra,. 01 prOCpic 01 ..plo< however. to aucmp' to equalc d Ibn lal. 'acilities, and one 01 the best tion The u.s. JO\'cmmenl mUll make atOf)' discuuion al Lhc monthly con. 10 ECU's o\"Cr lime is mlsJcadinl fi'" loadollt systems in the country. e\'Cry cIon 10 insure lhat lhe Com· sultations now ntablishcd bet,,·"" the en the dollar's Slrcnph over the ~\I ra , mince aeSopls the repon 10 Ih.. the '..,0 entities in .n dlon 10 contain Iwo )-ean apilllt aU EEe cumr inJ Yr d meet people who arc con, trade ....r auiludes. A relalC'd illW, E.C. is rorwd 10 elimin.te irs iIIcpl The adopIcd KI of new in&cn't lioo re, >d with producing the consis· upon rdund Pfovam on puLl and and catalY"lto lhe cvc:r clpandin, EEC prien. allbvup '.nncd "Iai, " other pl"OCnstd product! or othc,.,.ise production and increased elpon pru. "modcSI" by "'" EEC Commi ion. Ie, quality 01 durum products face GA TT·.uthoriz.cd counltnnt. .ure lrom wi.hin .he EEC, is "'" hip rontinutl to display in pan the ni", Ih, make your pasta superior. surn. Ahem.ti\'CI)·, ir lhe CommiuC'e level of price supports JlWaI110cd La luided economics of the CAP no 1111} rej«ts the panel report. Ihe U.S. 10v producen. In mid· May lhe EECs to the EEC II an capon comp. {('f. PI. ' your order now lor Durn emmenl mUll be p~rcd 10 r(lIli.le farm minuten finall), qrcc:d 10 new, bul allo to the EEC tupa)·er. l\"(f ko No. I Semolina, Perlecto apinll .he SUMid)' program, nocwilh· and higher, fum produce prien av the past t"-o ~an EEC prien li\( Dc .m Granular and Excello lI.ndin, Ihe ract Ihal luch unaulhor· cragin, 4.2 percen. in European Cur rum a cumul.tive a\"Crape or 2 ~ pet. iZN lelali.lton might \'iolalc U.S. in· rency Unit for the 198)·84 )'Car whk:h eml while "wid prices have n .,td f', 'y Durum Patent Flour. tem.lion.1 obli,aliofu. The ,ulhoril)' ""go. April I. For wheal .od borley, at least 20 percent in the opposil dt ror the President to n:tali.le under sec· os uprc:ucd in ECU's. the luppon rection. This "Kinor" meet nCo :s* lion 30 I cle.rl), oills regardless or price increase is ) pertcn', ho ...-enl lites a roruinuina ntalalion 01 t ~ ...· helber or not Ihere is final .uthoril.l. Ihc ECU conversion KtWlU)' masks ••Mid;" -.ary lor .he EEC'" '" lion from the GATI. Such relali.tion lhe real impact on ranner pcic:a in rarm produce in third 'country .QII" may be the onl)' means b)' ...· hich Ihe indi\lidual countries. In France, ror kels. Funhcrmon:, the ""idmin, P9 U.S. can prncn'e ils rilhlS under lhe: eumple, "'here 42 percent or 920,* bdwcm sagina world comrn-GtJ GAIT and ils \'arious Codes of Con· 000.000 00 ....1 , 01 .he EEC. 1982 \lalu« and EEC intervention r~ duci. It ma), alW) be Ihe onl)' means to .."heat crop was harvested. the in. IIiP" IIORTH DAKOTA MILL will neceuillte • one billion ECV Grl'ld Fnrk • • Snrth U.kou S8:()1 enlurr thai I compclili\"e U.S. indul. CleOllC cquarn to a 9.4 perrenl i",",a5C plcmcnlary bud,cl Ihis )'Car .nd lildy If)' ri.'mains health)', in ligh. 01 both .h. devaluation oI.he IConii.-..",d on page 101
THE MA.CAIONI JOCJIJil,\l 9 , lEe SublidiH genlina. AUt.'raJ i;a n ..' heal production seeded at this time. Harvnt " ...... is rapcc:ted to increase by 95'W. mark Suuth,,'C1t U.s. durum hu alrta ... 'Cortt~ hem pogc 8' ...... in, II rapid rttoV'tf)' from 101\1 year's gun. inacasinC imrntdialc avail ., ....-- lri~r 01 budcr11lf}' t.:rh,is in 11J84 if Ol" 1C\'ere drouth conditions. hom that area. .... n ...... incrulC in the prescnt asscumcnt rate each member pa)'S (one pcr""' of aheir value added till ,«'('ilKS) is not en· Spring Wheat Situation Durum Situation :KIN or. Ie" likely. II v.'ulcring oo-.'n Rcunt USDA atrC'age c!>timatn in Whrat O",/ouk, USI) A of Ihe EEC, farm tupponli occurs. dicalc substantial, bul ROC unCl(ln.1ed, The UnitcIJ Slilits' " '
... _LIIIO ...... AuItI Otw. Uim_ GeNtII 0fhceI1t a,....Mim.. MtI5JAoIoneltl2, &4t.:lTM
Pasta makes fitness look like fun. Durum Situation metric: Ions (61 .3 million ...... h) ... and lbe iasIoJIIIion 01 • ... l~" .10, • cka.... 0( 701.9 1...... 00 phoae .,...... bi' ...... M. lCclr4inutd hom ~ 101 ....ric: Ions (2U million ...... h) . The plannin& ....Ions. IJ'I'I'O"IIs, )'u,', 4.35 millton acres and the maall· I...... impure'" ...... AI"';', 1111" maI~ tfwIFs. JII'fIIO"Iion ... nt since t 972 WMn 2.S9 million _t:rc Netherlancb, Ind Vmcrucll tlkin, mcdinp were jUSl • few of lhc II planled. Nonh O.k... •• stcdcd Ia.· 611.4 lhousand _ric: lOftS, IC Durum Wheat: .. rospectlve .. Iontl",., Moy, 1913 c "- AlIA PLANTlD _ I00'-I'''...... - AU ...... '''1 ...1 .. U,I", "-IHI I ...... - 1.... - Minnesota 140 80 40 50 0 490 350 150 -43 0 Monlano North Ookota 4,600 3,560 2,400 67 10 South Ooko.o 260 150 105 70 0 Arilano 216 80 55 69 20 California 170 130 75 .'18 40 Uniled Stain 5,876 4,350 2,825 64.9 70 i4 Multifood. Moves Multifood, alw donatN 20.000 ont ~ Egg Outlook pound packa,es of it' Rruhcn brand EGREAT PRODUCT DESERVES ANOTHER. • • I C otll'~ from poOf I" ...· cinen to the Metro Food Share pro f'm," USDA /:'n",,,,";,, Ji\'j,inn .... ere lJuhb.:d "Mo\,( l"0&~ cr.-nt . 'ThHc 100 percent bl:ef het RrJC'tm'h S,.n·K-t la i n~" and they hclpnJ rupolrc their dn", mlMIe by the U.S. Consumer E" production i ~ Clpccted 10 d :I!Il; ... and great products begin with EGGCd' clHuKlr.cn tn' the pxkin, of their Products Division. helped fill tbe need funher because of PU)f.p..'Cts for . ~·u. ulr~ uml ..' u,1,; ,,~;u before their for protdn in the mil of foods donated 1inucd pritc-COSl squC'Cu .nd II : rt ,,·cclr.erul nkW('. NewslellcfI a~ 11I0r1- to T.·in Cit~ and Iron Rllnrt food duccd hatchery Ktivil)' in l :eta nolkc upJatC' cmblazoned 'tII'ilh the ~eh·e, . monlhl. Plentiful supplies of " I.M. Tllkin' it h) the Top" theme kepC f:.mplU)'CCI al lbe Reuben planl in hip·protein foods lind continue.! cmplo)'C't'S infnrmN about Ihe mo~( northeast Minneapolis pac .... ed and unemployment an: Clpec1C1.1 10 krtf! plans. buihling fealum 0100 the nt,,' speciall)' labeled the pachC"s for the eu prm relath'cly wea .... dcs,il: r: Iclerhtlnc .ystcm. February drive. She"'·ln Alpen, mar· dumJ supplies. I=ur Ihe I\\'u Frida)' ahefnuon. b! ketin, manager for Reuben Meals, pu1 fort ;he: "'ccl;end mo\'CI. Muhifoool, the production tosether .t the plant and rroJuCYfS Trim /A,.;", "" flC'b headquarters 'Awe the: s.cmc of benet. "'orkcd wilh lhe Food Share people on Durin, December 1'182 boU5 C\'cry,,'hcrc . PIKLinC labds and lhe distributton of the ...· eincn. februlry 1911, eu production "'11 lape "'etc Ilnkr of the day as em· p:rmu below )'Car. Productirity plO)'C'C'S inlD I." emptkd Lira"..:" aoo files per hr.n WIS above 1111 )'car and oft.. bo.ts for the n1O\Iin, company. "''hen Multifoodl Dividend mLK'h of lhe decline in layer numhcB. Ihe)' came to their nc-.' offices in the International Multifoods Corpora 11M: aWn,c number of laytn de 10'10'(' on the IoIlO'Ioin, Monda)'. the)' tion announced an inc~aiC ir. the divi· "uid;l)' unpack-a! and it ,,'as busine" clined each mooth durin, lht .. ,~, ...... ~'.~~~ " 1\':, ~ , ~ lhe: lotallo 54.081.481.000 from 53.· The chan,c is subject to ap' O\~ GI , Spaghetti Sauc.. conlaineriu any kind lit pruduci in iuch fxts olio : they ha\'e no pfbCf\':t Promotlonol Method. of t~ corporation's lharehokJ , • gins. Thii opens up the ponibitit)' of th'Ct, they h3\'e OIS much protein lIS iI. 821,9.58.000. Income from conlinuin, , e Gino Corporation of Stamforll. t tContinuM hern page 191 operations wu down 4% 10 563.201.- lhe annuat meetinl in San Fra .b...:o addin, a " 'hole new ranJ"!' of proouctio pcanul·buttcr-and·jdly ~nd",· ic h. the)' I cr nnounces that tMir 16 )'ear oM ha"e more Vitamin A than milk, and , ina to usist rdaikfl ... ilh It"" mets. 000 from 56S.124.000. or $3.44 I July 27. In tlkKt Ihe Camden planl t.:un.:ntl)· , line If tomato U~ arlo' now a\'lil Ihey ha\'C man: iron Ihan 'pin:ach. The "We bclin'C the)' reall)' ....nl 10 .,uk th... . 8% from 53.72 in fl,,"1 1982. The name ch.np propoAl I .k\"b manufactures. PO!iisibililies include alIIl or JCntric: and pt'iv.te labet ...1(1 . ~imple lbe t.toru. and we w.nt LhmI to be IDU\I "y -s" Cocktail YelClahle Juice, !iOUp'. straiahtforw:ml facts arc sup In Nel income totaled S56,491,OOO, down lhe ..Ie laiol Ikccmbcr of' fOI I r the retail market. the sauces j able to do 10," be said. 23" from S73,s37.000. or $3.fO per Dairies and the corpor.tion's h rr& Vlasic products, and ochers. PrelO cur ported by datil hom the U.S. Ocp;an· .r OI1wnicntJy packal in 1~ . 5 Ol, menl of A,riculture and Michigan , Fn:d M,I.an:o. prnid.", of Hu&J><, share, down from 54.14. The results in, focus on ill distribulion buJi, "", renll)' is manufxtun.'\J in 15 v.t, 32. and 2" '.. lind in 32 01 ,II" jan. ~ 4X-ol ,,~s and in rour n;'l\'on: Relu, Stale Uni"crsily. ~blkC1J, Los AnICIn. POled that M) included k ..... of 5647.000 from LJI of . ·hich c.ny thl: name McK \" JO. UUl .. are also a\'lilable in #10 caps lar. Flarorrd "'ilh Meal. MUlihronm As Tom Not". Prooucl Marhling called IfUDI flCOPk. who hdp ... lhe: homcbuildin,lnd 56.{I68.ooo from III< The:)' include M,Kn... Ch .. ni \' \{rILJe IM,~lo\ . It ( Oulet rcelU( (. Iht' UU\oo\ cl ot·, Ihi' fl' I.'It' III f .h ',Hlor" ",.. od"tt~ (t ",Ieh ( Oro n ..H\ (lot,tot (0 n \lIl11ll1 iun ! M I (lI~e .. ,e. II, II n ,t! " r" .. t" .. - Ie .... tell it like it i~ . ADM \ 1 ' ''' " ' " ...... , ,, ...... 1" • • " . I I. ''''' , • • . , , .. .. ,. " .• " .... c.,' " ..." ...... , .. , , " . ' _ I ...... , ; \'HftI ' I" 1 I\~ll.lllr ISml\',n I\: 111.1. II: 1l'" U' ~ I O') p .. ~ 1' 1" '" •• : ~~ 0 9 " U<4 1 · ... ;'II.h!4 ... J~II I II '~IIIO:J JI' ",,"·,IIIr. IIIII'J " ,dl'l.."" 'II!" ,.,: ...... oj Au Oll WO) "'+1 1041 1. ""UO puo pUt! PI.P!IIJII: .1 111 I" "'J.lI1~1 ;fU!IUIIIJ 996 1 .. ' 1[01 19E III C' - '''009 " ' j ll' ~ A II~" . J 00 1J . 0 ) ,,,,,w H :'411 N'J.lr~M .... 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"",ol:IOJ;'II.1 01 PIU:1 '\U " '1'11.'111 I' LW ,\I!UII:J ' !'I 1'1 ~ PI):l1 . ... ., 1:;f ,'J·'Z .'IlI!t1IUV 1r. 41 " '''41 Lp8,seJ8,UI ~ I: " " :'I.IJ JII ''''',IUIIJ,1 ".UII!II!'IC!U!IUIlV 11",1 ~ I !','ul"I." r,;b l,'l ,'tIIPIUV · J ...... I'>1llll 1\ pllV ' j;'I;lII" p"1~4" ."1 " 111 , ... n...,l! Inll .'111 .\4 f"J;'I'!JnIl.,U., - un .;r." 4 ~ nJ •,noqD liD II .un spooB BUOI _'1 1'.' I1U!JUII."I , .. ,"III!'"'1 "HI ,( :tnllllll\' I',,"nf "'~'!ll'" ;(U!I! '"' .'111 II' "('II:" I('Jn:f!1 .'41 rUI! ·r.! II'"J!I'!.) II! I';'IJ,)\II~!P ~r." '-'tWLI. \lJW:f I'UI: ... 1!".... "l'4 .'41 .".'q" '.''1JI:q'' ,'~I Pltl!) ·;'I!I! ·' r..1 ,'III ('IJ I: ""I 3"114 I'ur. aJn,DJadwe, 'tBI't Meu JnD ,DIfM 1,'D't1 \1-1 .'100 1'1:'1 u(I'1"'"11 U! ('I~II .~ "It ·.. ·' II·'S p,'I!II, 1 ~ll II! {JI1I11.',' u!r.n UI,;t r. " \4 ;fu!\utu ('lUI: ":'I!Jr. p ~ ! hl ,"1111 .,1 1I1'!1I11, I, .'1 jI'!JI'npu! ,"I'l l '''l IUL I " '11 .'1 .'1U!'" ""~III ' , ·un,'l 11':'11".'.\\ "I! Jlt Inu ;lU!I"lOq 0;;1: " ~ I ,.'tW o'" " {t' " U\\" .. )I III ,'to.I.' .'1 ,,'IIIJ '!II " '!I ':'IiI!1O JnlllJ 11:'1113':, ,: IIn!II: U "un,,( "'noh1;1!.\ "41 '\ 11011 ;"1"11 II . \tII'tlllll l;'1 \-;,-" ,'17 "'11 It' ;i' UI " 1111\-1 1,1 r;f,'J.,Z .' II!"IIIV ~'"" 10,)1,1 "111 I,I Ihl!",'hl.,('1 .'1111 IU IIJJ r:'lJ,l\(', 1 run"l .'1111 ,·'11'- \11:.' \ 1l1;i1., \IUO ;;IIUIlIV .... .,,!I " .'0 1'I!n4 III "U!\!JJr ' :'I ll ';f U!IUt,,'1 ,r." r.:'I !'~II\, ' ~ I"~I u t {l ' l .. ' ""'10 ' )0·"." .. ".nilc.n .. : .. ~ ,,1(1 ' :)rW ,CIVO' IDN "'1' I'" ly IP" """ I'-' j) ~ ] £96 1 ... Ifl o..p " '1 IOjU" lu ...... ~OD .. ew , ~ u oawo , ottjl ... Du. 111'9 1 ..' " ,\\,.,00' 9 ... ~ .o PD f DI I O<1 11" 1 ,a-"J, 'H '--'U ""' 1\.10 ) · "'" I U. ~ ~ I ' W O I • •N ~I t.l I' . 01,1. ' O )lJ ~ P~1I 0 1 ' XI I . \~ \ .Co",JI 2' V I""D .., I~ I D IQ " '1 ~ oo l DOoa,j Z , ,,c'J P . ~nc , ~I · oII ,..O' J " uo ~ , 10 . .. ,DN ....·Z , ....., .....z "t'... • I "IS"d 110:1 nOI Inll9 SIN ON" "9311n 3NIOIN" D,,,.WIr U! II.~DW DjSDd , Tc;dc" A. Zt.ItQO ~ Sonl, In( ~ 'O' n ,n In..W \oOCX'''''' 10 (,11 "11' 1 ,n f o " '.0 " '" Nt .. J tn ~~ , ho""O " o ... , I ~"td 'h ..... ,n ,II (t"I ~ n"'lQl ~ C'CII , 19 .. 8 '1 hwut: h ii' ;:1 . lumn ~ .... ,h,hlll.·.1 I ~.. I III." UII."~ ; 1 Cllmp:'"> Ihri\('J ..ii." , Jurum !rI 1.Uled hlllll I(u .. , ian !IoI.".:J. allJ ~w "in t: '~· l1tim.:nl in 1.1\1 1' ,'1 ., 11 . 'pik " ,Ar , uthn IUlhulelk: ~. and thl.' ': !rIl :lbli!rlh",.. J a dllnk: !rI Ii;: rn arl.l."l Ihal in· ",~ ia l j mt IIf m,lnu';u;tuh'r, Ih.ll 111. ,III"III.' !rI ' Ilf 1~' ~hni ;:; ,1 a .. han~' (' , OUI' ('luJ",'\.I ~h· f a l ~urc nt pa,la 1I1:I1..eh. h,la,I",',1 n,':lIh 1111.1 ' I1 ml!. " ld.'h '""' III~ hi lto ·111 )'("ah at Ihe \:I'nlpan) hel!'!), 0 ..,.. IMruduct4 a r ' l ! L'\.IIl1 : .nuf,~ ;:lurin ~ 111,1111 ... Allhlin,,· i".A le~a hi" 11r'''ILI)'n ~HI"' hI t-=;:IInlC ;1 Cit> alld Ihen hI h...-CIlIlk: Ilurum .. h.: al "all fir ~ 1 hruug.tu hI t: .. rh in I'Ht.& , .1 ".11 ~ ,·nt , ~~. Ihe Unilt:d St ul~~ In I K ~3 . HUI il . a, h" th.:' li l' .. t n,llillll,,1 1Il~·('tint: "I 1'...1.' I' :~ II nr the cit)' "' S~"" Yurl., 01 nul unlil l'lUU thai Jurum \ ark:li!..-lo lIlanul,h:l uh'" in Am.:,ic:I, ,IIIJ *Over 35 yea,. of worldwide experience hi, ninc Ii\' in~ .. hilLlum, t"11 \1.1.11\\ , F,.!!'1. and Juhn, \:auicd un Ill.: hu, i· brought hum I(u~~ia b)' Marl. A. all .. ~.:r h' th i- ",·.. 11 'I..'PIL'..cIlI.lll\,·" Carlelun, a piun("(,,r .. heal ~ i enli ~ 1 "illll~' ~u Ihnl' 111.:1 in Ih\.' I in.. · •• II. " .. " .. 'I~' I hi\ death , anJ in IMM H, '11 "ith Ih(" l ' S l),,:p:U1:nc:nt IIf AiiJi· 1.:1 in r i ll.~ul t: h 1111 "I'ffl II'. I"''' • Computer controlled continuous Ih .. )~'a r "r hi, Jl." alh, Ilk: IJr'''ll.I) n • Centrifugal silters- no dust, no ('uitu,I." , "efl:' ~ru .. n .. ucc.:~~lull)'. anJ 1.' ~ l a hl i ,h",· ,1 Ih.: ~ , lll1l' 1.I' \ .. IIrjd ~ ~' "a~ " ~,,,,",,'\I , ib calliern cnJ blending systems a!.'sure that vibration, low maintenance. Differ· ,Ihtlut ItlU fC\.'1 frum Ihl." Zcr.. ' ~a fac· (,,,rleton hl:'l,'II."J Jcwlop Ihe Juru", datilln ,.r M" ..': llIlI\i and ~.,,· ~ I k \I ~' cwp b)' lindinl! .. hi~h polll uf Ih" ul:u.... UI.:" III ,\lllnicOi . I h~' ~ , \n. ~. accurate blends of different flours ttll~' 1111 Frunl ,lrl."l."l , ent sizes available to handle from ~uunlJ\ . a ~ t'II." lo l 'Ilr it .. ~fllv.lh . U" !If Ih~ Iltllt,;I.' ~· d"ll!' ".1' .\ "" "" .1: 11 , lJ nJ~'r Ih;: J i"" ;:lil'll Ilr th..' :txlq:a ant! regrind are fed to each press. 1 to 50 tons per hour. a l~l p;,.n)UlnJ Ihe u)c ur Jurum .heal ",·'IIl1f'·lilillll" -.4 111'. li\;: IhUH' I"'""" " ;h repla,,:eJ macaruni Ph...tUCh . Jllhn " i;:'olHh l ,·1 1'111 , l'olu r ... . Each press can receive a different h> ' 1': .1 111 anJ ' :.. · .1111 h> ~'h."I,: lIi d l) , "If hum 1'1110-1'1111 Jurum .. h(' al ..ck,I ..·J 01 ' 1\.'1lI1".r ; lf~ .:h .• irlll ,1 ... . • Sanitary construction - all crevice 1:\1.' 11 IIIUh' illl!'llrl."u, hn".:\er, "a' formula-automatically. 1'1t...tm:liun in .. rl."a~ Ir~' ml:'nJllu .. I)· in I:Lh\ in ('. 1'1111"-,, . lh~· ~· J i l. " I ", 1111.' h.' I'I;I;:':II",:nl II' Ih",' 1I;ldililm,11 free interiors and FDA approved lh" UPf":f mid"e:)!. l"ouh Iloll.l'tol ilo :\1 a",'all'l1I Jllllln,ll. a' 1 ~' IIlI " ' I ,1 l 'l.I,mi,lu JurulII ""\',11. nlillL-J in lilt.' prime pn.klu"''1!f .. jlh Soulh 1>,1' epoxy coatings inside and out. \1.I"l."ilk, aud ,hipl'l.'d a;:fI"!rI Ih.: ,\1 , ",,'Ial)'. • T ' ~ luble·free silo discharge- I.uta ;IRd ~'inneMll a tullu"in~ . Mun· 1,11II i..: . '\1II",'rkali f.IIIIII."I' J~· \\· IIII'II."II lana t'II."t:an pnllJUt:liun a h lo' f Wllrld € liclent, quiet, Turbo·Segment n.:" , n;llilc ~Ir ai lh II' hi~h .. t:lulc" • Regrind systems-complete stor· War II : C"alifmnia after Ih.: KI1f("an [ scharge Cones for any size silo. War. Win Ie' in,,(' a ~ I'ru~r a nb !ria" age, grinding and feeding systems ,,·unl'a,1 t:ru .. in~ in A,illlna in Ih~ for regrind. 1'1511\, and Jncrl JUlum tit.".::'".. .. :a • ( ,st·free Conveying Systems- t.:'lmm("u;i:ll "I'r in A,ilun:t :II1J S.:" Muil.'ll in the 1'11U'!rI . € iclent utilization of both vacuum • Experienced engineering staff. If IlIdum, Ur.... lln a ':I pressure conveying with large you are building a new plant or AI Ih.: uf":ll i n~ ul Ihe: ~I"h ,.:n· f, ers and dust·free design modernizing an existing one, put lUI)', a ....."'"e nf IIlUle uf ttk.' IIlllfe II oughoul. pfllt!r(" !rI ~ i \(" manuf;K:luler!rl I" ma;::l' our staff of experts to work for you. h)(li .md nl",...tle: plt...tUCh ulm"""1 ~r""' I:tn('tlu~h r.:aliuJ til;: fa;:1 thai their IraU(" h; ,1 mad..- !rI ul1kienl a ~han,,,,· hI \Io an :tnl th.: nft:anit:lliun inhl .... lIlll." -.41r! Ilf nali,,,,al h."J)' Iu It",l. alt.:r Ihe }.ocncral "("I(afe nf Ihe indu,,,)·. AZO Inc. In l'IiI). a \Io ("U"",'\I il",'d m:aJ;al inc calkd J., v ..., ... p.o. Box 181070 the M;K:aruni Jnurnal ",alto l a ull\:h~' l l tl\' Fr('d 1~l.cr , .. C1e\e:laIlJ nlll~k :';:.: ' ~ I :'7h~ ~~ ~ ~~J (~: . ~~ Memphis, TN 38118 , ..1 v.,.., ... n; unufaclurl."f, a ~ a prh'ale puhlicol· mtnl Po .. ' Ve,m, ltn', '-On low ' ... (901) 794·9480 CIJI".nu.n;o Ih.r lom.l, " ad.loon. Po,,1 v.'· g plg,,1 ~nQ ' nM" ,n In.. Io ,m t tA,ln. ' ~,. :.: lilm. II Mltlll ttccum(" r«oJ;nih.·d ", 100 ~("Q" OQ O l7'o 1'1 " Q f l'lll Q"'c ~ .. m, l(-... Artlon,. loOfl, brc:ome p.n,c:knl 01 the !rIpol.l." .. man ... 1 Ih(" infanl indu,lr)·. lol ~ ' . A n ' Oo ~ '" z.. .tQO ' Son . .. ,96 7 1111 :\1",,"11:00:1 J, ot P I Palta Mak.r Z.raga J'OUfKb or p.ula a day, pew year by .co. he noted. "'fhnc arc all ch. ~ nr ye;u. our lives." fCon"~ hD'l'l pI)9 BUSINESS PIOGRAMS ,.-...~ The ruin of the ,ame are (fta_ II...... ~ .....- .... enl in marure markets. Pr' ..... 79th Annual Meeting a_ W..... _. _.r D. LIItIo. eapcrimcc in • JI"OWIh ,.. cln be misleadin, and selfo( ·f,. National Palta AI_lallon I•• , Sa. 'rue .., CeUfet.' With well oyer 70'lf; 01 U.S. rom. in .. Mature markctJ Rquin "*" ial, """"'traditionlt IKtia I r it. panics optraainl in larle, 51.ble in· Tunday. July 19 duslria ba.t described as oomalure", trndudn,lItW product line loa many IItW products I.U b. :. Will Phillips, Senior AiSoOtUk, OJ. smlor neanivn race l:t'W ch.llman their entry "ntcpes are ,Jm.. in "ntttpc pI.nnin,. The numb:r of rueor of Cenificllton Proannu for by Imbition rather than b) ~ Adius 'nllilute. Inc., will .pe.k on emer,in, powth busincun is dtc:lin- dittons in the markttplace. ..Mlunana ..... nl Styl"". in,. Ind many firms seekin, renew.1 throuah "ponfolio" lCquililtons h.ve ·N.... V-,. Acconlin,10 the Peter Principle, in· been dillppointed with the resulls of How 10 fOster Qrowth Throup diYidu.ls in ol'Jlnil.alionl tend 10 be their efforu. Anhur D. Unle, Int.• off· R...... I promoced 10 IMir lewl of incompc· en .n altem.tive IInlel)' for corpor. ....h.p' ,he most dillicull 'W lenee. This means Ih.1 people mount dons wi~in, to lake bnladnntqe of lhe ladder of promOlion unlillhey fail their position in • malure: irwlUliry. I..,. to • corporation b IIIat '" beeaUK they have achie,'t:d I position This seminar fOCUln on their nrcri· crcalin, manlacrial 'yNam ... compensation plans which_. that Is beyond their clpacittcs. Yct cnca in consultln,lO such elienls ••nd lhe .uccesaful conilkln .. while lulhor Peter Laurence presenlS oHm IOmC suaaaions for pI.nnin, lac I vivid description 01 corporate reality. and IChicvin, rcncwed aruwth in • boIb .."." ...... ri.. activilla ht dots not providt • ,h..,..,ical .,. and m.ture busincua wilbin .., field with. 5UrprisinJly tifF ranse 0' ..... ,ompany. Un .... tho .... plan.tion of thas rhenomcnon. Will opponunitin. kin, Phillips dots. Four specific topic areas will b: nen to risk .... arc lowered. • rorporalion may ftnd lhat i. I Slyln of milft\lnaacmenl uhibitcd covered in the prncntltion: in cllrcmc cun are thole in . 'hich • mllure industry it is itl on mana.r (or ralher • mismlnlp:r» • fIaIodoIC..,.. ... _" woBl tompttitOC'. perfonm oed)' one rule. whtther lhal II Oiqnosis .nd • Pmcription K-. CrIopdI __ or an individual produccr ••n admini"," Tho probItm 01 ,ho 1980l lor Iralor. an hltrcprcncur, or an inleva· U.S. business uccutiY\.'S is 10 '-Ii. Blackmer is a senior mcrut. tor. From Ihcsc "pure" cues, miud m.v,h lhe skills 01 our "wldwide 01 tho SU'''1i< Comol,'" pnctiII types of nlismanlctnlent can ht iden· comptlilOR in findin, wa)'1 to "all in tho San FraaciKO oIIkc ...... 'irk'" substqutn,ly. creale nno' ,rowth Ihrou,h re· Jilin, in m.rkttin, and ~ Mr. Phillips. a JflkIuale uf HlYcr· Ihinkin, and ~newinl our mature "''' MCnt~h ,If th~' Wocat Indu~lry muntulUnw.:l. New Yurko lhe Coun Stem Nutrition Ccnter in hostOl ( 'oundl ga."'C "I'llt',,,,al h) an amtJiliuu!o cil'" ftC ....• public rclations accnt)'. In .oo.;n, vkkotapn of Dr. I \)n PC ....· Khedult ul pr~r;lm :tI;tivilics lur Oonna Myen. prHiden. of the ..n and Or. Lineback. in ~ctnt " I t;u· the Cuundr, 1'11')·1''' )'tOir hc,innin~ C)', tNlid therc arc thr« bilk objteliYCI anen with the: media. Ms . \\ roo m'at July I. for the fiscal I'..'M. ('IfOI;ram. as follows: saki the interview, In Boston iIIn AI. Apprcwal nf the Cnun..:il'li (1)Cal )'car -. Gcnc:lilte malimum consumer lanta. Ga .• rtsp«tlwly, 'nulted I "8 bud~t came at Ihc nrgolniZilliun'li an tl'lurenns . and urwJcntandinl of minutn' ttkvbion air time, '0 nino nual mcclin, Milrch tI- IO in Wa..hing W.I .C:s b.uk: fOCuaFl and communi utcs' ratlio air lime and t ..· o p I! I in· lun. which inclu~k-d a rc\·ic ....· of 10."00 - cations theme. ttrviC'ws. T neal audience rncheJ for W.I.C . ....' as placed at 2 million !'C,. "umc. educalwn Jlrograms. including ..• Create W.I.C. member aWlfc a new relional spoktfoper1oOJ\ .:am~ign wnS. M)s/ cnthusiasm via intcmal communi C. Joan Reynolds, Clcaative di,I.'dOi thai is off 10 what awea" tu he an cn cations and reportin, dl'ort. couralin, "lart in hlim ltgionS. or the Council. emphuizcd th .. 1 tht -. Lay Jl'oundwork for expanded nUlrilion advilOfS are rqM'CKntinr Itri' l_·.Rn.... .:nmmuntcalions Klivity fOf e~n mo'n lolfea of ,dmtiflc capcrtisc ml broadcr audiences in fisc;al 1985." not Council. In revic ..... in.: lhe Council\ fi.lit , ...., ... an: spoknmcn for the ~b . MyeH sugntcd "The Natulal This approxh, she said. ,trtntt}!ml )'ean uf operation and ",-1;viliH fur Iht Chnlcc" as lhe overall propam lheme ,rtdibilily of lhe propam. year uheOM.l. Rayroofkl L. Davis. ftC .. I)'· fur lhe Wheal Industry Council, stal ~1t\.1cd chaiml:.tn or Ihe Council. ~id . ina: Ihal il ymuld . 'ork collectivel)' a" N_~A"''''' "11Ii" ito lhe )car that " 'e can put Ihis T...... · ell a' for individual ....· heat foods po The 10 education "bi\(l~ whok thin, toccthcr." Mr. O ..... ii. a nutrition dlKh. for the Wheat Industry Council arc: rnxtuctr memhtr uf Ihe Council from In dcKribinl the propam's "me. Potter. Neb. • hali lona been alisochalcd ~,e." Ms, M)'t'H qid the baste: ron- • Or. Bert l. O·AppoIoni., ptllt~ 5Of'. NUfth Da.oIa State Univchih. wilh ....· heat promolion rrOC'lIm" nn the 1Ol~>t' must: "ale, national and Internlilionallc\'ds. FalCO· • ... Make the "ronJHI possibk Mr. Davit. liucct'e1b Vernon L. puinls about the health, liftslylc and • Dr. Johanna T. Dw)'tf, dirC(lot. spans the Oaird. chtairman of Mrs. Baird', Bak dietary bC'ncfus of bread and pula. F,IIKCI S1em Nutrition Center. Inc .• Pasta is a erin. Int .• Fort Worth. Tuu. chair ... ("kar up common misconttrtionl 801100. product known pasta and man of the Council the palil t.·o ),ears. Ihal bread and pasla arc hip in calor • Dr. Joon W. Erdman, a"' ..... illt around the WOIId. milling industries. as Succeedin, Mr. Davis II vict~hillir ies und low in nutrients. prufHlOf' of food scitnc:c, Unin'nil) ~ spans the globe. man i, l.auren H. BailY, chairman. 01 '11Ii~, "I Urbana-ChampAip, Ur· ... Emphasize thai bread and palt. Buhler-Miag is known president and chid eatculive office, ban •. around the WOIId as a leader Buhler-Miag conducts business of lIT Continental Bakin, Co. • R)'e. arc m:w.k from wheal. whh all the pm • Dr. Jeanne Fredand-Onvn. ;" Kl in 100 countries throughout N.Y. iti ..· c valun "'heat connoiCi. in pasta manufacturing equipment. aver ... Dc verbally ftcaibic enoulb to date profcuor. Ifadualc nutritio" di· the WOIId. International Alice U. Perkins. American I)iclelic vhion. Unlwnity 01 TeUl at AL .tU!.. And Buhler-Miag is also Annciution. Clticago. nc.·I)··namcd all~' for Ihc incorporation of ~ find headquarters in Switzerland. u.s. • Dr, Julia M. Jones, aHOCiat .~ .:oosumc:r member III Ihe Coondl .....· ali ing." proouccd by rntarch . an intemationalleader in milling fcuor of foods .00 nutrition, C· lcFt headquartars and manufacturing elcc.:lttI ICCrdary. succeedin, Sheilil ... Be applicable 10 the widnt equipment and systems fOf or Saini Catherine, 51 . Paul, Min facilities in Minneapolis. Minnesota. Sidles, Iowa Consumer Lea,.uc. Cory· fOIRCC of rubIK.'s. semolina and flour. don. Iowa. HO"A'ard H. Uolmes, prni· ".Ik new and differenl - "and • Dr. Kalhryn M. Kolasa. . ·air· person, department of food. nUL Iit.-. &:nl. Cheb,cu Milling Co., Chelsea. oul from the f1'UU.I of currenl he .. llh So if you want to take and inltilulion rnanqcmcnt. Sch. I of Mich .• was rc-c1«IN treasurer. rdated prapam mH.'UlJCI. advantage 01 worldwide expertise Contact us for Infonnllllon Home &onomics, East Carolin: :ni· Newl)'~~N as at.la're member ... Lend itself to stron, IfIphic on our complete 1M of ....il'. Gretnville. N.C. in both industries. consider of the tJ.ccutiye commillC'C' is Paul A. lreatmenl - thus alto.·in, production BuhIer-Miag. A company that pesta processing equipment. Verm)'lcn. presidenl. A. lere,a·s ur allractive, distinctive progrllm ma • Ilf. D.vid R. Lintback. ~ 'aII' Sons. Inc .• Fair lawn, NJ .. .. nc-.· end lerials." ment head, North Carolina Sial, Jni· of an ..... oduct manufacturer member of the \'enity SdtooI Agicuhure Ufe Council. IIoP-I A ...... "-CIW Scimccs. Raltilh. N.C. Membc:n of the Council apprU\'N Marprct: A, Warder. Nc-r.' York· • Dr. Adelle I. Rasmuucn. l ,fet' sor, department of food science I n'' ;,a bOO,n and elpcndilurn ul Sqoo. based public relations counselor for ~nity 01 Delawille, Nt'tt.. rk. n(Xt Basic ('fugram ('JIpen~ include W".c. Iold the poup 0/ ...... in Slit' .tX)fl fur coo"umer nutrition ctlu· training and liChc:dulinl nutrition ad • Dr. Joyce Vermccnch. I .1 ' ~ calion. S50.0()O fur Scientific AdviliOf)' "i~f1 who will make rcJiom) appear Calil. ~.. . Commillrt operation". ;,and S4U.OOn ancn on behalf of the CouncU', nu • Dr. C. Jane Wyant ulOCiah jW ~ -= for indust')· ",1011 tons and rommunica trition education procrams. I....,.. dc:pulnltnl 01 lood """ ~ .~(BUHLER·.IIIG) The fiBlI ..'O advisors are Or. David kChnolOO, OreJOP State Uni ..· , ~)'. ~ P.O Boa SMa1...... _. loiN 55440 ,6121545·1401 lions. 59 CUfIew CANADA 1.I3A2P8 ,416,«5·69.0 Lincboc:k. head 0/ lhe dcpanmenl 0/ Corvallis. Dr"". _0. PrOV''' M"w. fnOll ICtmcc at Nonh Carolina Slale The I'lHJ-U program ,.i,,·.:n prelimi University. end Dr. Johnson Dwyer, Write tM Men"" J .....I '01 • nary appro\'al by the Council . 'as out auociilte profcuor at Tulb Medical , .... , ...."ia Me.... . ow •• linal h)' rcrrncntali'o'n of M)'cr~ (""m- Sehoul :lnd dirmOf" of the FraP«'I A V.... w. "'lot Toe! let $10 U1 1983 37 36 THE t.iACAaONI JOOltl (: I bt relatively painl"s II to ina npmHI probably not much morc. holder', stock, he , ett tlpital ••i n bUI FAMILY IUSINESS COLUMN Ind ..ilh I rr~r Inllallmenl None of Iht~ 1 'ran\actinn!lo art' '01\;1"'(, the hu )" ~r hot \. nn I.. , ,hidJ i n ~ ,It :111. !lOll pannenhips coulJ be S. -rill: bu)'c,', 4"tJrpuratiun I(';I"'~ Ih.: I h ... !ro4.' anlln~e RlCnh IllIcl t~ l;a l"" 011 - by frank M. But,lck, Akron, Ohio up. The proeC"u is not reall)' Kiter's ,,~ S for 13 mnnlh" 01 ' a 'ale: tr.w:liun uf lIo iml,li, it) . li t the c'J'i':n ....· ' . il jusl requir(\ a number uf . boul rqual Itt whal lhe ~l1 ( r "",uld It" a m;aju r tou. hurJt: II. h.,,·c laktn out In his ""Ian' and dra" . The' unl )' arr;ani!\.·mt:nt "hk h i ... fai r XIII - THE NON.fAMILY 'AITNEISHIP A ONE-GENERAnON IUSINESS? :urporalc Ihe busi neu. with the The r~nl no ..., inlo hi" a!o~ 1 CUfJlura lu htlth r an h , ami dl ~ nul illl."ur • ownin, ",am in proporlion linn and he liLts il nul a!to "OIl af)' ami hi!-OI\' ~' I OI ~,"~ b Iht: rr. .., :.:d ule' uutlint:J . capilli IttOUnl5. draw. The rent no\lo'" ioln his a " ~ 1 Ob\inu\I)', Ih~ dc ~ 1 mu\.1 he ~' :l rdull~ tlUI ntl rub;ahl)' tho.:rc i!io no more fr.cile ion ..· ould rrub.. bly lakc 2 ., ) ~ ,1 up lhe corporate huob in I .. ., corpuration ami he lakes il ,1\ l;ailtlfN In cOll."h , ilualiun, anJ I"" P furm "f human e04.lca\'or Ihan a ur. ry. Tun lame as before. and the ilf.: alilic. Fur in'talk:c. "mn Ihe liu'd months. II E::~;.~nd .11ot.te the assets 104.1 it\!r04:t s art: nut \' lIlu ~hl c ,·n.. u~h III cum\.' bu~ nns pannenhip. In theory. the Some: p;anneBhlps dc\'dop h,.., .... C'tf\ Ml lht ,,,'U are of equal valUt: . ",Uer c.n ptay t:mdlunJ fur 13 munlh ~ . up tn a full ~n r; . In Ihi, calooC . I rUI j41intlalents and muncy of t ..· t) or more ''''0or Ihree ptople where one i" .. I ~at , on cellin, .11 Ihc turrenl f,. AI Ilk: end uf 13 munthli. the compatible and ambitious men is pcr· Iy oominant by virtue 01 his pe",q. AI R. inwnlol")' I in nne hu)'t" " cnrporlilinn pub lUj;cthcr an Ihc Ihat a'!r04:t and pan uf Iht: in,",:n hlf~' inln Ihe IIoo:lIe, ,, ~· urruralil l n . After f«1. In practke it IU 100 often turns ity. When &hi, happens. the dominw heavy fbed allo~ts (huiIJin,. inslallment hU)'UUI uf the seller's cur 13 munlhllo. Ih..' hu)cr hu), Ih..' a... """ inlo u nilhlmar.:. ~nd it ,etl ,.·one .s one runs Ihe business as thou&h hI.' ""n- I into the other. pur. le a 5 ~l s . D~au\C Ilf depreciation. Irum thl: It(lIcr\ ClUpuUlillI1 tin a the )·cars ,rind 0)' aoo Ihe arranle cd il. and the IUMervanl one is lilt a ' t\ KCOOO corporaliun illo selUp .he buyer', corpor.lilln ",'b malt" Ill \; f it~ t t r hu~uut -.a )· ~ ) ell"'. The \.dl-:l \. mrnl ,ro"" inln !roOmrlhin,too too co-owner emplo)'ee:, I have ent\)U ntn. the MIVY .UCIS arc pul intu it: , hiclding. The 1I(Ikr liquidaln hill ",( hi" I."nrruralillR i... (hu ... rl.'Jlk:cJ in ,';alu.: . complicatN. a04.l 100 upens"·e to un cd a number of eaKS where lhe IokIftSi. corporation now o"'n, a sub. porl 'inn al'k1lakclo hnmc the PU)((ciJ s On("c Iht: .. ... !oI:t'i lin: all rllk.1 1m. Ih..·n lanl le a04.l , tan o\·er - and "'ell ni.h nanlone was takin, a ulary far "calef tqual value 10 the partnt. of the .'~I u le . If I~' ,,,'U penple ilfC the inWnIOf)· i, rurthlt",J in iI ~~' lmJ impO!io\ible tn J'Us 10 Ihe ",,'11 atncra INn his panner. they lItared the fr· sellcr p... nn~r el chan,n his not rel. IN. Pluch ul " 'hat the sellef u lt anJ Ih l.' M'lIcr .:urp,lIl1liun is 1i~ui lion, mainin, profill equally • • , I wm ~ in lhe parent corpor. tion JC't ~ it capilal , ain . al ;!(V' m:u .imum JIII~' d . As I saki, n,' 1\IoIJ ;a re lihl)" . hUI The I)'pkal r;.nnenhip becin, " 'ilh con_alion prize. of Ihe stock oflhe suMidiar)', In rale. The rnull is • larcel)' lal-shk hleJ II n~ \.·),ptrk: nt:I.'J Ok: ~ui \.i ti l1 n " practi I"" . mbitious people. uwaU)' with Op.:n warf.re btl.·cen pan ncr. b he ,",,'M non.: of lhe parent anJ OO)oot uf a r~nner . If you Iry tu just liuncr n n rut h~~tht:r a lu-"hkhkJ cunpkmcntlr), s .... iII!; and elpcrientt. • .... M...... not a. aU unusual. I onc;c had a clitnl IItt SUbsidiary. hu)' out a panner. Ihere is either no r~rln(f bu ~· nul . :amt Ihn-t: "1.rlo oul anlt both ~ on capilal. Each ,,-ouIJ in Dclroil where the p.nners nn IItt 1M point, ,,'hich unl)' taLn a tn ,hielJinl fOf the hu)'er ,,·hilt: 1hi! \er)' \10·('11 a" l'lR~ a" ~'('r)bud )' i~ ra {lr< fer to own his a.·n busincu, but he bulinn'S on ahc:male month'-litn. Uf tllo'O. lhe bu)·t r partner l""ns putner re.lIy carnl hil sholre of Ihe ~Ikr ~I S capital-lain ,re:l1rnenl , nr ticnt anJ fullmh lho.: , amI.' rlun. is Impatienl of the lime nceded to buitJ aUy. Tbcy had not mel In )'ean, On.- calh com ran)' ami the '-CUef proccab. Afk.·r .n. It.. y st.ned wilh lhe huyer , eu 1;110 "hit:lJinJ am! 1hc l h i ~ hu~uul ru,,\.·JUJC i, MmMhinl up his min in, skill, (or the Clpense 01 ran the husineu for • month. Ibn owns the aSKt rompany; hoIh jusl money - Ind lhey wark fun time. ~1I.:r has OfJ inar)' incum.:. U )"uu in t:\cr)' paUlIl.'r "hiluM L,IU\Io . hc.:a ulooC hirin,lhcm) .nd his capilal is not JfClt tidied up. Icfl • status report ••OIJ .. \.·qual nlue. Leeal expense has and ,hould not the profits be split on '"'tJrfKKale anJ Ihen JcJ,"~m m'k: "h"'lo- IC(lr1 h nut"d (lr1 POI I ~ " 0 1 enouch 10 risk b.."'COmin, .n indiviJ",,1 to florida, The other panner ~' an ooly .bout 5 UKM'. and aa:nunt- the basis. 01 ,,·ork an.J efl"CCI"'eness - entrepreneur. The of a panncBhip up from florida (their panl"k'nhip klea value 10 lhe businal - rAther than ii lime Knl iliV( ; Ihat is. iI the brst owned a condo there). read lhe !'ol .JI", is the nne-time accidcnl of lhe cqualil)' compromiw: .ith wh.t each pcr50n report. .nd then nn lhe busi"",,' Ai) of lheir slanin, C.pilil" From this reaUy " 'ants - al the lime: the f.lccision .... ay for a monlh, On the 301 t. . he poinl nnw.nI. lhe more sua:mful the is made:. ranner has the .m· .... rote his O'A'n II.IUS report. a~ 1 Ihr,' His. yme bulincs.s. the more intolerable ,rows chanced pilCH a,.in, Im.Jine " )·i", WINSTON bitions. impaltcRCC. and obstacln; lhe J'OlnneBhip. eilth sen the ocher as the ideal wlu 10 make decisions under lhose d ' um lion 10 • ,hort·term problem. Thu\, Evcn when panners mllna,e In sur· SI.nccs_ I·YOIIII'lO-", lac. vive lhe of JutCcss. ,,'ithout OM. they join forces and a nn' business is .n.d: But J h.ve seen . ·one. Or" \·cl) EST. 1910 pr0b bum. II,onis.m over who don what. wccnsful pannermip in C1cvelJ l Ii,b lems can .rise from. d ifferent dim; If ~n con ,,'CII . the)' arc tou bus)' tu .Iso • client of mine, There thl Wl' COf'.• Ilu., tutJ ArNJI, 'ioli Chlmi",. "«Wizj,,, i" qu.rrel - a04.l lheir monc)' J"indln lion - ,.·hal 10 tJo wilh lhose profits. ncrt-broth:' . " the plact ::-.n 11«· til ;nvol~ln, ,ht t~lIIffituaIlon . prodWfIo" ••.• )' so fase thai tho.:re is nothinl to T)"J~ally . one panncr wanb to re-in· n.le "'teo! On prnkJ' . fOf "flr, w ~ .l.ycd .... Min, 01 Noodlt lINI E., 1'roJ1K" . fi,hl o\'Cr. Ironically, if the ncdlin, \nt in additional crOWlh • • nd lhe olh a _uk while has brother was the .,.",onI. venture fails. the eBl,,·hile panners er nne . 'anls 10 lake a bulincu trip 10 road, $Cllin" They lradcd pllC"C \Cr,' 1- ;...... 4 hI_.. h brlc~_ AIM,.. usu. Uy pan as rric04.ls, When the \'en· H.,,·aii. wee:kcnd, Uke the first eumpl the)· •'N'''.' I.. ,ou, C.,! ture bepns 10 su«ttd. the J1IIrtncn be· In man)' e.K'S. 10 .voK! antalOO too had nO( met flCC·to-flCe ill :an. 2- 11 s.aw. • ..4 CeIof Sc... I. Iwt • ..4 SeH • cop, t •• hy M .... come datc:J O\'er their joint succns i,ms. partners bend o\'C"r boac:\:wards to Th