The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-07-17

ses Points to st. Louis and Chicago,
which Was Inaugurated by the Frisco
and Adopted by the Missouri Pacific
Today-Grain Man Complains Because
Reduction is Not Made to the South.
The cut in grain rates Instituted by
Yhe Frisco road and which was an
nounced would be met b. the Missouri
Pacific toda, was further ratified yester-
day by the Santa Fe aLd Rock Island,
by these two railroad companies an
nouncing that they would meet the cut
made by the Frisco, beginning with the
2lst inst
The news spread like w:ldtre, and i'm
nediately corn advanced in price along
the line Of the railroads in proportion
to the reduction made by the railroads,
which is fraction less than cents per
busheL OF course the announcement
made in the Eagle that the Frisco and
Missouri Pacific had stimulated the
price Of corn throughout the county,
but the fact that much OF the corn was
cribbed at stations along the two rail-
roads which had refused until yesterday
movement of corn that was anticipated
end as the Rock Island and Santa F'e
both had direct connections with Texas
points where the greatest demand for
corn IS now made. it was predicted by
many that when the reduction was
met by these two roads that they would
retaliate by granting an equal reduc-
ton to Texas points as well as to Chi
cago and St Louis.
In this they were disappointed, as the
announcement of the reduction made TO
reference TO Texas points. AS 1t is there
will undoubtedly be general movements
Of corn along the lines Of the differenf
roads.
In fact, an inquiry yesterday ar the
Frisco office, on Market street, diSclos-
ed the fact that that road was being
taxed to it's utmost capacity and that
the business was increasing daily since
1t was inaugurated on Wednesday Of
this week, and that aside from this they
were receiving trade from shippers who
had grain nearer other lines than rhe
Frisco on the grounds that the hauling
OF the grain a few miles when once
loaded in a wagon amounts to very lit
tie, and that farmers believed that to
the Frisco they were indebted for the
reduction which had been made They
realized further that If the Frisco had
not been an independent line that the
reduction which was first inaugurated
by the Maple Leaf between Missouri
river points and Chicago, and after
wards taken up by the Missouri Pacific
and extended TO st. Louis as a protec-
ton measure, that if the road had been
consolidated with he Santa Fe, as ii was
formerly, when the rate was extended TO
L fnfa bcn nod
the greater portion of the reduction and
that instead of making a cut of cents
&c would have been less than 4 cents per
hundred, and as a consequence there is
a kindly feeling to the road which drew
its rate not from the Missouri river but
from the Mississippi.
A large portion of the corn shipped by
the Frisco was destined for Texas points
where there is a general failure, and a
large and increasing demand for the
corn of Kansas, and 1t is to be hoped
that a just reduction will be made TO the
south as well as to Chicago and St.
Louis A well known grain dealer, IL
speaking OF the grain situation, said:
''Of course this viii make a general
movement Of the corn crop, and the
market at the present time Is rather
bearish and prices will not be what they
should be considering the reduction.
If the elevator was completed now and
the rates guaranteed by The railroads to
make Wichita a basing line were in full
force and effect, then the great adyant-
age OF the cut now in force could be re-
allied with profit.
The natural market for corn this
year from Kansas is south and not in |
the direction Of either Chica2o or ST. |
Louis. l was speaking today with a |
by the name of Johnson. who was ship |
ping twenty-eight carloads OF cattle |
to market, and he SAID he intended TO |
invest every cent Of the proceeds in Kan |
sas corn He told me that he was pay
ing from Il TO 80 cents per bushel for /
corn ar his ranch at the present time: |
that the entire corn crop Of Texas was a |
failure, and that that state alone would |
furnish a market for every bushel OF |
Kansas corn, both of the old and new
crop.
Now take the present rate Of 10 cents
TO st. Louis and give to Wichita the
same rate per distance south as east,
and You VIII see what the price would |
be. This would lay corn down at Hous-
ton from Wichita at about az cents per
busheL Take the price of corn at Fort
Worth, we will say, at 371a cents per
bushel: that would make corn worth
from &412 to 80 cents at Wichita. What
would that mean? Say we have 2.00O.-
600 bushels of old corn on hand in the
county, and We have that much, and
more too, this would MAKE 100000 Of a
difference to those who have grain on
hard at the present tire
"Of coarse the reduction Of cents
means = big thug sne ;!.rc -o.N.ld
be genera Fhanktal1ess for this couce. a
sion, bat tue objective point % which
the rates are gwen are 40. were the
deman mast T,>-ne from If ever there
was tine VIXEN tne advanta:s OF
big elevator Nith 4 c9paHiiy If LED cars
per day vas NEEDED that time IS rov
/ have sAel mary big corn crops in my
life, but can not work mysAf up 10 tell
of the crops 1 saw the .'Iher dav N
the country. 1t - simply Ir,meus"
and If l hear man tell that his corn
went 200 bushels IL the acre l wont
deny il.
with The 70 big crops and equal and
exact justice given hv the railroads to
the Patrons who huiii AMI equipped
SheIr lines AMI from whom they must
receive their AubppTt the mortgages OF
n~nsas fa:n,s MI b. cancelled and it
will not be by Reputation either. The
fact Is, l Cannot give advice at this
time whether 10 sell or mold corn, hut
can say THAI If 4 man has the money