The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-12-25

| the combination bought the old Taylor
| burr mill, which was, however, chiefly
valued because of the water right
which went with it The parties named
as the owners of the three mills are the
principal stockholders OF the Milling
and Elevator Company. The new or
gan zation placed its capital at 5000 600,
| $4,000 of which has been tax n and
paid up by the owners of tho above
named mills; $4,000 has been put
4 side for subscription, and Sc, $50 of it
has been already taken.
The idea expressed by some hat the
consolidation was for the purpose of
forming a sort of trust. and practically
running milling affairs in Ogden to
their own advantage and at the expense
Of the formers. is without the slightest
foundation. AS matter of far', who at
has gone up since the very day of the
consolidation, and while -four has also
risen, it has been a rise that has not
pro6tted tIe miller, for the reason
| that the increased cost of wheat has left
" hatever of profit there was in the -four
before the rise at about the same figure
In addition TO this, the story of trust
in the milling interest of Ogden is alb
surd for the reason that the demand for
wheat from points in Colorado and out
side of Utah, have run the price up and
no possible local combination could be
made hat would run down the price of
wheat W lille there are such ctive com
| pc itors outside of the Territory
who maintain the prices despite
| any thing they could 90, ever we e
they disposed to cut the price, and
that they certainly have never intended
doing. The reasons for the consolida-
| ton are found in the facts that the
mills could be run more cheaply by a
! single management, which would in no
wise hurt the seller of wheat nor the
buyer of -four; it is the intent OF of the
comp n to continue the gristing of
| -four for whoever may want it precisely
as it was done before the amalgamation
of the interests.
The best wheat comes from the dry
farm raised grain on che cambridge
south of Ogden. They get vrT large
supply from the county generally, aud
also receive some excellent wheat from
Cache Valley; in fact, are W
buyers Ia that section. Their markets
for -four extend to every point of the
compass, north, east, west and south,
both inside and outside the Territory,
and into all the Territories. The de-
mand for our -four has never been
equalIed in past experience. When the
consolidation took place We found thai
the different mills were combin-
sdly behind in filing their or
ders, fully twenty-one car loads,
and despite the fact that
the capacity of the three mills is $50
barrels, or 10000 pounds daily, we have
not been able to catch up and are still
tlehind in supplying our orders. 1t is
the intention, if thu business justifes
the undertaking, to put up fine mill.
modern in every respect and Of
large cap lclty. on the site of the Tay-
lor burr mill.
There is no reason to bell We that
the wheat of this country will ever be
as low in the future as it has been in
the past. The present tendency is
more likely to be maintained and
there is very little probability of it
going much lower than it now is, be-
cause outside wheat is unlikely to be
shipped in at any lower figure than it
now is bringing. So we take it that the
present prices will prevail for some
time to come. neither going up nor
going down. the expectation of the
wheat from the outside protecting the
millers from disposition to run fou
up and the freight proteC ting the tar
m 9rs from outside wheat running III
price of local grain down. The ar
rangement is one that no one has rea
son to complain Of and it is advanta
geous, apparently, in every way
OGDEN M & E. Co.