The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1889-10-22
THE ELEVATOR.
The Enterprise an Assured Sue
cess.

MeSsrs. NeWklrk, LtmHlermdu ana
Lupe, the committee appointed by
the Commercial club a solicit sub
scriptions to the stock for a $40, 900
elevator, began work Friday and in
short time secured about onefourth
O. the amount. Only two out of,he
number called upon declined to take
stock. They did not solicit yesterday
as they were necessarily engaged with
their private business, but they will
resume work tomorrow and expect
to complete the work in a few
fours. A careful investigation of the
business of an elevator and the amount
one located here can CONTROL shows
that the enterprise will be a paying
one and will pay dividends large
enough TO make it an object for CAPT
talists to invest in it. The need of
an elevator here is well known to all
business men-in fact the business of
the ely dmands such an institution.
Mr.. r. P. Archer,k of 207 Ohio
stree, one of the largest handlers of
grain in the State outside of st.
Louis, was seen at his place of bust
ness by q BAzoe reporter. He
said:
ST understand that a committee.
from the Commercial club is now solic-
iting subscribers for stock in the ele
vator enterprise, and | am creditably
informed that it is meeting with re-
markable success"
What do you understand to be the
plans of the company?
II am not positively informed
as to any part.cuIaf organization but if
the organization of the company was
left to me | would say that We pro-
coed to build on elevator of, say
$4,000 bushel capacity with plenty
of shelter, or warehouse, capacity for
grain sacking and hay pressing and
storage room, to meet the demand
from whatever quarter it may come.
Do you think a $4,000 bushel ele-
vatoc would meet the requirements
of the trade at this place?
For several years it probably
would. You must understand
that Sedalia has never had any such
facilities for handling grain, and that
also. she has two large FIGURING Mills
to be kept in operation by the wheat
products of surrounding country,
which would to great extent require
the elevator to depend upon the
receipts of corn, eats and hay for its
ma'ntainance.
Once that we are known as grain
market, we may be able to draw
enough wheat and other grain to justi-
fy the building of an additional 49,
600 bushel elevator.
Upon what market would you de-
pend upon for the sale of the elevator
receipts ?"
"That would depend entirely upon
the demands of the various sections
that are accessible to US, and you must
not forget that We occupy a position
as distributing point and that our
persimmons can be hauled down
only by the longest pole.
"Do | understand you to say that
Sedalia can depend upon other mar
kets than ST. Louis and Chicago for
the produce of this section?
That is the idea that | am trying to
convey. Do you know that ! am re-
ceiving, almost daily, letters from the
south, southeast and west, asking me
to price wheat, corn, oats, hay and
frequently field seeds.
Why do You suggest $4,000 bush
ell capacity for an elevator for Sedalia.
Because one of $4,000 bushel ca
pacity will, by a law enacted by the
last legislature, be known as a public
warehouse, and in my opinion it
would be more profitable if conducted
and run as private warehouse which
under the present law, must be under
the capacity of so, 900 bushels.
But::Mr. Archer, do you think that
cur produce can be shipped to the !
markets you speak of at |
profit in compel tion with st, Louis, |
Kansas City aud Chicago?
Nos. sssureGly. The interstate law
YOU L low puts Us on an equal foot
ing in regard to freight charges with |
o'ier markets of tie same distance,
and common sense tells us that there |
are but few distributing points for the |
grain products of the northwest nearer
to the Southern markets than Soda. !
liza. We only need the facilities
here to fill the orders in q merchant
able manner, aud l know We can
draw rom that section enough to
guarantee to Sedalia good business
in this line.