The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1883-11-09
The Time fer selling.

4
It is natural and right that farmers
who have toiled early and late during
seed.time and harvest should be anx-
ious and on the alert when the market
ing time arrives, and should eagerly
discuss with their neighbors the pros
pect of rise in this or that grain. One
farmer says: II am willing to sell my
wheat for one dollar.r 1t reaches that
| figure in few days, the crop is sold,
the money obtained, and he has nc
more worry or anxiety about it 1t al.
SO turns out that the report of short
crop or foreign demand gives buoy
ancy to the market, and the price inn
mediately advances to one dollar and
ten cents. Those who have not sold
are excited, and prophesy still further
advance of ten or fifteen cents per
bushel But in few days, perhaps,
the market drops five cents per bushel.
OF course they will not sell on "de-
clining'' market. They are very con-
fident it is "a trick of the buyers" and
that few days more will show quick
market at the former high figures But
they have not prophesied correctly, and
the price gradually sinks back to one
dollar. Many who refused to sell are
provoked, and count their loss by
scores, sell later in the season for one
dollar, or keep it until the following
spring and are glad then to take nine
ty cents per bushel.
This is not an overdrawn statement,
but fact that occurs in every neigh
borhood many times in the course OF
each season, not necessarily as regards
wheat, but other grains, butter, cheese,
and the various products of the farm.
Many times, however. higher prices
are reached by holding over. But
when the farmer comes TO deduct the
waste by keeping-the shrinkage by
drying, the trouble and cost of storage,
insurance, interest, etc.-he will find
that one dollar per bushel for grain i'm
mediately after thrashing is better than
fifteen cents more the following May or
June.
The present system of gathering sta.
tistics of growing crops, yield, etc., en-.
ables us to Judge quite accurately of the
quantity that will be produced before a
single bushel is sold; and this fact, com.
bined with the knowledge q the
amount On hand, enables SPECTATORS to
begin business with their eyes open.
And yet, with all this knowledge at
their disposal. how many grain-dealers
have failed by paying too high price
for their purchases, or by neglecting to
sell their accumulations at the right
time? Thus it will be seen that even
those who make dealing in grain a
speciality are often far from successful.
especially if they buy upon their own
judgment.
Farmers should not complain, fol-
when they over-produce some one has
to suffer, and it is usually the producer.
a good rule to observe in selling is.
when you have the article ready, and
the price offered is fair one, then make
the sale. Should you have the choice
of several local markets, connect them
all, presenting a sample of the article
if practicable, and you will usually find
it a few hours or even day well spent,
for among several dealers one more
anxious than the rest for the article you
offer may be found. Thus you may OBJ
tain the highest market price, which on
a large sale will amount to many dol.
lars.-COr. NJ Y. Examiner.