Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1902-08-07

amount 20, In round numbers. to $4,000
This has been about the average profit to
the mills the past season, which as stated
above, was probably the most profitable
season oil mills have had in several years
Whether the coming season viii be as
profitable Is OF course entirely specula-
tive.
True Value Of Seed.
The farmers who have seed 70 sell this
fall should study the situation. and, after
getting the facts and figures as given
above. be able to arrive at fair price
which they should demand from the mills.
The oil min people claim that they viii
be satisfied with 800 net profit ON each
ton they work. Baslng that estimate on
present prices for oil, meal and hulls, and
deducting $50 per ton to cover the cost
of freight and manufacture. leaving the
mills 800 profit per ton. the present price
OF seed should be $500 per ton, or about
50 cents per bushel.
These figures are based upon cold blood
ed facts which, the oil mills can neither
deny or refute. At the opening OF the
OF OIL Is always forced down, and the
price OF seed based upon existing low
markets for oil. For the same reason,
doubtless. the price OF cotton IS depressed
az the opening OF the season, so that the
spectators and spinners can get the sta
Die cheap WAAAAe the rush - OH A0AA0n
seed of Is several cents a gallon cheaper
now than IL was three months ago. al
though the demand, in view OF the fact
that no oil is being manufactured, should
be. higher.
Some Wholesome Advice.
There Is no need to be extravagant with
printers ink in condemning the oil mill
people for buying their seed as low as
they can get them. They are not in the
be oil mill
man VIII depress the seed market as quick
as the cotton buyer. They both have the
same object IN view and that is to buy
the raw material as cheap as possible and
sell the manufactured product as high as
possible. What the producers should do Is
to keep themselves posted and demand
the true value Of their seed, which at
the present time Is 80 cents per bushel.
II does no good TO sell your seed at s12
or 81 per ton and then ''cuss'' out the
oil mill people for getting the best Of
you in the trade. Stand firm for your
rights and you viii receive them Protect
the local, independent home mills by SELL
ing your seed to them. instead OF
STRENGTHENING the power Of the oil mill
trust by selling your seed to the agents
OF the trust. The independent mill can
and will pay Just as much for your seed
as the trust II the trust can live and
grow fat, give the local mills the prefer
ence and the best chance. II Is on the
line OF protecting a home industry and
making the power of the trust weak for
the future.
/ have given you all the figures needful
to work out the value Of a ton Of seed
from the oil mill standpoint every day in
the year. These market values are al
ways printed in the market columns of
your paper. II the price OF oil should
drop for any cause, hold back your seed
until prices advance. Don't sell on low
market just to get rid of your seed and
then after the seed are hauled from the
farm and delivered to the mills see the
price OF oil advancing. The farmers can
certainly control the seed market IL they
will
The effort is certainly worth making. II
a farmer wants to exchange his seed for
meal and hurls. get the full market price
for your seed and pay the mill the market
price for meal and hulls. A fair exchange
at present valuations would be one ton
OF seed for loo pounds of meal and one
ton OF hulls. or one ton Of seed for 1850
pounds OF meal. OF course such an ex-
change cannot be perfected If you allow
the mills to price your seed at Sl4 per ton.
The fight for better prices can be easily
won IL farmers viii stand steadfastly to-
gether and simply demand their Legitimate
rights.
HARvIE JORDAN.