The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-04-21


while he might loose at 8 cents busbel
| handling on irregular trade.
Here is one illustration of the uncer-
tainty and risk of trying to do an ex-
port business without being in a posi-
ton TO feel assured of inland rates;
We, anticipating a continuance of
rates, chartered specially desirable
vessel, and afterwards was unable TO
| buy the corn on account of a change in
rates; so, we We're long on this vessel,
| but fortunately for US, the vessel met
with an accident which caused her TO
default her charter by only four hours,
| saving us a clear loss of at least two
thousand dollars, as, if the vessel had
| arrived in time, she would have been
on our hands and we could not have re-
| placed the room at a less difference, on
account Of no corn. As it was, the vessel
| had to stand the loss. So naturally in
taking such risks, both the vessels and
exporters have to figure their charges
accordingly.
So il is safe to calculate, that a steady
business through Galveston would re-
suit in a saving TO the people of the
West, at least cents per bushel be-
tween Galveston and Europe. Now, as
to The interior: the average local rates
on grain from Kansas and Oklahoma.
to Wichita is 3 cents 10 Az cents per
bushel less than the average local rate
to Kansas City, all of which would
practically be saved to the producer, as,
after the grain had accumulated at
Wichita the railroads bidding for the
same in competition with each other,
would make, possibly, lower than Kan
SaS City rates TO Galveston. and to New
Orleans, st. Louis and Chicago very
close, if not equal, to the rates from
Kansas City, and for western business
lower rates than from the initial point
direct. Many counties have paid hun
dredS of thousands of dollars to get a
second railroad in order to make compe-
ton, when really it did not make compe-
ton, as, even at junction points the
business was not sufficiently large to
induce the roads to compete for it at
possible sacrifice of their local rates at
intermediate points. Now, by erecting
a large elevator at Wichita and con-
centrating the grain. you get the bene-
fit of four competitive railroads as
nearer than Kansas City. SO, with the
elevator and a market established as
above, when there was an export bus
mess, it would enable the producer to
realize, through Galveston being asSur-
ed of a steady business, at least cents
per bushel more at Galveston, than on
present conditions, and three to four
and half cents additional at this end,
saved in local rates, making total of
five to six and a half cents; while on
business TO the east and southeast,
where in some years it may possibly all
go, it would be practically a saving of
| three to four and half cents; the diff
| ference between the locals to Wichita
as compared to Kansas City.
These are comparative savings, basis
Of the late rates out from Kansas City
and ocean rates from Galveston. On a
| regular established business, vessels
will make rates from Galveston TO
| Europe within one and half cents per
bushel of the rates from New York; so,
| If steady business places Galveston
within one and a half cents as near
| Europe as is New York, the difference
| in the rail distance TO Galveston as
| compared TO New York, should easily
save the above difference TO the West
To further corroborate the above saw
| ing via Galveston on a free business
| and prOpOrtiOnate rates. we will state
that on the big corn crop Of 1889, the
farmers realized ten to twelve cents
for their corn, Galveston not being in it,
This year, for while at least, suf-
ficient to give the West a good taste,
Galveston was in il. and as a direct re-
suit, with Chicago corn one cent lower
than the lowest price on the 80 crop.
the farmers realized fifteen TO seven
| teen cents, or six cents per EuShel more
than on the 80 crop. basis Chicago
market Now place yourselves in posi-
ton 10 taste again. and enjoy perman-
entity. by causing the erection of a large
elevator and the establishment Of Il
| central grain market At Wichita, assur-
ing Galveston uniform outbound
| business. Otherwise. the charges be-
| tween Galveston and Europe will
force the grain 10 more distant ports.
| making your nearest outlet in fact. not
your nearest. VIII YOU use il or shut
ii up: CONCENTRATE YOUR GRAIN
AT A PRACTICAL COMPETITIVE
RAILROAD CENTER NEAREST
THE POINT OF PRODUCTION AND
GALVESTON. AND THEREBY COM
MAND THE SHORT MILEAGE
RATES To GALVESTON. AND
THESE RATES TO FIN THE LONG.
INSTEAD OF THE LONG MILEAGE
RATES FIXING the SHORT, As NOW
| Corn AT local points in Illinois. nearer
the markets Of consumption than is ST.
Louis. sold this season al less than the
regular market price Al ST. Louis. The
same was. and possibly now Is. true of
Southern Kansas and Missouri corn.
compared with Kansas City prices.
Why does not the corn Al these local
points. nearer the final destination.
bring a. much as Al ST. Louis or Kan
SaS City: You answer. Concentration
and competition is The life of trade. 50
] get this rs near 10 you with as shorf
local haul as possible.
A large regular outbound business
VIA Galveston can not be assured with
I out a large elevator and regular nlarke,
AZ Wichita. concentrating the grain. as.
otherwise the grain VIII naturally 30
forced 10 the eastern markets. eSpecial-
; ~ wheat for cleaning. grading ~.
and ~ the direct expense OF The pro.
} Queer. 10 the extent Of the extra rail
haul rs compared with the distance ~
final destination: also through ms
extra haul il places the grain farther
from Galveston, making . steady bus