The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1894-09-08
How to Get the Most Out OF Your
Grain.

Inns IS u year NAeu PMS "
low it is necessary that shoulu
realize all they can from their eraln'
BY saving the elevator profit, no matter
how small it is, by shipping to ternlinal
point. An agent may to stop shplhen.s
occasionally offer more than a a Is
worth. He will not do 1t often' as he
Is not there for his health"
Under present railroad rules the pro-
Queer is entitled to cars at any statlon'
but he must load in n day.
The laws of Minnesota are very IA
yorable to consignors. Summed up
your commission man is your employe
for the transaction of certain
lie must account to you for your gram
Or money the same as any other clerk
or agent. 1t is felony for him nc. 70
10 so. Will say, in this connection that
Iuineteen-twentieths OF the losses lllaue
through commission men In iast nve
years at Minneapolis or Duluth, ave
been on grain or merchandise purchas-
! ed, not consigned.
When q house becomes weak or III
safe, its first thought is for conslgn-
ment liabilities, and its first eHort, 70
change its responsibility OF agent 10
the ordinary n of vendee TO Venuol.
One prominent shipper lost ni.een
thousand dollars in this way, ana mere
have been numerous other severe
losses, by patroniZing new and obscure
: commission houses.
There are firms like Woodward q
Company. who have been in the busi-
ness for years, whose name Is synon-
;imous with square dealing and solidity,
and who handle grain at all three
markets.
No n can afford to risk the entire
loss of their grain when there are
q sufficient number of thoroughly re-
sponsible houses.
The chamber of commerce in Mime
'apolis and the boards of trade at Du-
luth and Superior are very strict with
their members. Proof of Intentional
! false return Of price or weight, the
addition of a charge not paid, however
small, would surely suspend, and posi-
bly, expel the offender as well as ruln
bis business forever after.
The inspection and weighing Is done
by sWorn state officers, under heavy
bonds. Any shipper can get certificate
of weight or grade Of q or all cars
he, has shipped, eve years after,
through his commission man, or by
sending to the state weighmaster, or
state inspector, where h grain was
forwarded.
In Minneapolis and Superior almost
all grain is sold by sample as well as
grade. In Duluth, sales are usually
made by grade, only.
Most firms will advance money on Dill
= of lading to within 10 cents per bushel
of the value of the grain at the point
of shipment. and the local banker will
cash draft for it, either to be sold on ar
rival or held in elevator. They furnish
on application a copy of Minnesota
state grades, full instructions to ship
pers, and charges for selling, storing,
delivering, insuring, etc, and give IN
formation to persons desiring to make
sales or purchases for future delivery.
Shippers should remember their COM
mission man represents them and that
he always tries to make sales on such
terms as will net them the most.
Sellers, in order to avail themselves
of the fullest competition between buy
ers of all classes, have to meet the
various requirements of the latter In
the matter of delivering, the expense
being fully covered by the extra price
! agreed upon for the property according
to the terms Of delivery.
Storage charges On grain held in
! elevators at Minneapolis and Duluth
+, have been reduced one-half this season.
The charge is now, in Duluth, Nc. for
the first fifteen days, and Nc. for each
subsequent thirty days. In Minneapolis
the same, except that the first fifteen
days cost 3-4c.. which is now cheaper
than country elevator storage as well
us safer.
Any of the commission houses will
he glad to explain by correspondence
any matter of detail not understood by
those desiring to do business.