The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1877-07-17
Anln OR SELL.

HULL W. otll'
There are no many ylesslludes al'
tondIup alI crops, either In field or gar
ncr that tho only safe general rule Is TO
sell as soon after harvest NJ the market
win at all Justify The farmers profits,
unlike those Of the speculalor consist
M much In % prompt sale and the carly
relief afforded by the money realized
upon the crop ms ia the larger price
which may possibly como through The
ability to hold NJ his own risk for bet
ter price later Ia the season But few
Texan farmers are prepared 10 do with
out the money for the delayed mlc but
tow Of them can afford 10 carry the risk
Of disaster to the stored crop, be II either
cotton, wheat on bacon Cotton IN pc
cullOrly liable TO disoslcr by fire. and
but loT bales are held over from one
scoson 10 another without oniailng the
additional expense Of rc,baling In.
surance Mt two per cent would take n
huge slice from the sum of profits,
Wheat is usually held NJ even greater
risk than cotton. Heating, moldng
and the wcoyil are is own peculiar md
terrible foes. hut little wheat II over
carried over from one season to
another in Texas, which entirely
escapes disaster from all these causes,
aud in u vast majority of instances, the
substantial profits of the crop are lost
in the cf0rr TO hold for a larger price
even whore time is not 30 much OF
m object owing TO the easy financial
situation Of the farmer 1t Is usually n
good rule to be of with tho old crop
before you are on with the nov, May
and June are our harvest months for
wheat, September and October are our
planting months and the time inter
ycning seems the most natural for dis.
posing Of the old before taking on the
care Of the new crop
There are circumstances, however
when this rule may be and ought to be
varied, For instance, in case corner
is made against the farmer, and which
drops the price down to its minimum
upon the heels of harvest That must
be met with the best means at hand
and starvation is the remedy most
plainly indicated. Withhold the wheat
and storye the spcculator into terms
1t docs not often happen, however that
the price in Texas cam be influenced by
this means because heretofore local de-
mand has come up pretty even with
supply Milling capital is wanted sadly,
and when our own local mills are able
to buy, handle and hold the crop, the
profits of both the miller and the
farmer will be enhanced, because the
risk is divided equally with the profits
and both share alike.
Mutual advantages as well rs mutual
dependence is fast becoming the rule
Of trade in this state The war between
the consumer and the producer ia losing
many of los old destructive traits. The
two parties most concerned nrc gradual
| " coming closer and closer together,
and the time between production and
realization must logically be shortened
in the same ratio, These improvements
are not made without hurting some
body Some ones corns are uamped
upon necessarily, and the victim is the
spoculNtor His profits are shortened,
and when the producer and consumer
get together, they are too heavy natm~
ally for the lono middle man. Yet he
is not without his uses, and he is neces.
sary to the successful conduct of the
trade and equity MS well as sound busi-
ness policy undoubtedly plainly point
to the FAIR and honorable treatment of
him, but that would always presuppose
a like fairness on his part mutual
ends in view and mutual efforts to
reach them.