The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1896-12-10

OF Cn0 cereal anu culmluaClnS III lOau-
ed sleighs continuously going up to
the platforms of elevators and dump
ing the golden grain into the elevator
pit.
Interviews with all the elevator men
of this city brought out the fact that
up to August LIST last not over $4,000
bushels of wheat we're offered for sale.
In some months single elevator re-
ceived over 100 bushels. Take the
month of April, for instance, one ele-
vator reports the purchase of only Is
bushels of wheat. The reason was
plain-there was little or none of the
grain in the hands of the farmers, and
the condition of the roads would not
allow the transportation of such grain
as was in their hands.
But with the month of August came
the new crop. The price was certain
ly low, it lowering around the forties,
and farmers, fearful of the price drop
ping even lower, commenced hauling
in their wheat, and before September
Both, 40 per cent, of the 1896 wheat
crop was in the elevator. Then the
price of the cereal commenced advan
cling, and there was another check,
lasting for week or two, or until the
prices moved up in the sixties. Then
another stampede began, and it has
been going on continually ever since.
At the present writing it is estimated
that from 60 to 70 per cent. of the
wheat crop tributary to this city has
been hauled to the elevators, or ship
ped out on private account.
One of the local elevators reports
the purchase of a little over 10000
bushels during the year about to close.
Another reports the purchase of TO-
600 bushels, third reports about co.
600 bushels as having been purchased,
and the fourth puts down it's purchas-
es as amounting to $4,000 bushels.
The Redwood Roller mill purchased
in the neighborhood of $4,000 bushels,
and the latter was speedily turned in
to breadstuffs.
One of the elevator men gave it as
his opinion that the amount of wheat
shipped out by private parties would
easily reach the 10000 bushels mark.
The capacity of the four elevators
at this point is such as to enable them
to receive 10000 bushels per day for a
short time. This mark has been
reached during the past two months,
one of the days being the regular
monthly fair day, when the receipts
went little over the 10000 mark, and
when premium of one cent per bu-
shell was paid by the elevator men, at
the suggestion of business men. Dur
ing the past month, the price ranging
in the high sixties and low seventies,
all of the elevator men have been kept
busy taking care of the receipts. In
fact they have been obliged to work
over the regular hours for handling
the grain.
Arthur P. Cloudy is of the opinion
that the wheat still in the hands of
the producers amounts to about one
sixth of the entire crop, and that of
this amount from 6 to 7 per cent. still
remains in the stack. Darling WEIGH
is Of the opinion that 20 per cent. OF
the crop tributary to this city has
been marketed, and that in the region
tributary to Redwood Falls ten per
cent. of the crop still remains in the
stack, and that in the county in gen
eral the wheat in stack will equal 25
per cent. of the total crop. O. w
Mcmillan is of the opinion that the
wheat still in the hands of the farmers
is equal to Is per cent. of the tota]
crop, of which ten per cent still re-
mains in the stack. G. w. George
places high estimate of the wheat
still in the hands of the farmers, he
placing it at 40 per cent, of which he
thinks there is still Is per cent. in the
stack.
The large quantity of wheat received
here gives some idea of the amount oil
freight paid by the local elevators and
other parties for the transportation OIL
that grain to the Eastern markets OF
milling points. The amount paid pei
bushel for hauling the same is sever
cents, making total of $4,000 paid
to the Northwestern company during
the present year.
T. F. O'Donnell, well-known drug
gist of Parsons, Pa, in speaking Of