The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-09
NEEDS OF GRAIN DEALERS
ANNUAL MEETING OF THE INDIANA
ASSOCIATION.
New Omcers Elected and Matters of
Legislation, Etc, Discussed
Board of Trade Smoker.

The Indiana Grain Dealers Association
met yesterday in the assembly room at the
Denson House and after receiving the re-
port of the president Senator E. II. VOL
colt, of Wolcott, Ind, and OF the secretary
S. B. Sampson. of indianapolis. elected
the following officers for the ensuing year:
President-A. E. Reynolds, Crawfords-
vile.
Vice President-J. NJ. Bradford, Winamac.
Board of Managers-O. ]. Thompson, Ko-
komo: c. B. Riley, Rushville; Cloyd Lough-
rey, Monticello; w. B. Cooley, Hartford
City: E. F. Branch. Martinsville, and Har-
~ j. Caldwell, of Earl Park.
The board of managers will select the
secretary and treasurer and will undoubt-
succeed himself
The convention was called to order at
the morning session by Senator Wolcott,
who explained that change in the pro-
gramme was necessary in order that men,
bers Unexpectedly called away might have
an opportunity to assist in the selection
of officers. He introduced Mayor Book
walter who formally extended the well
come of the city of Indianapolis to the
grain dealers.
DOOhWdlltT Sdlu tIldl IL was SOuICt
| of pride to the city that it had been select
ed as the place of meeting of the associa-
| ton and he assured the visitors that they
were heartily welcome. John j. Appel,
president of the Board of Trade, on behalf
of that body addressed the convention,
thanking ii for the distinction conferred
on the city and promising generous and
courteous treatment from the members of
the Board of Trade.
L o nj
| the programme of III. G.. Thayre, of Plym-
| outh, who was to speak on Proper Leg
| islation for This Association TO Support
| and Recommend was taken by John
| Brodie, of Valparaiso. Mr.. Brodie sug-
| gested that the members unanimously sup
| port the bill providing modification of
/ the landlords lien law, which he declared
| TO be manifestly unfair TO the grain mer-
| chant. The possibility of a grain dealer
having to pay renting farmer for grain
| and then later having the grain attached on
/ lien for the rental of the ground on which
| 1t was grown and being compelled by law
| to satisfy 1t made the provisions of the
| law very unsatisfactory, he said. An
| amendment calculated to do away with
this provision. he said was to be presented
| to Congress, and he advised the members
| of thel association to do everything possible
| recommended support for the Elkins bill,
| which he thinks wise measure for adop-
| ton.
GEORGE A STIBBENS TALKS.
George A. Stibbens, secretary of the
Grain Dealers National Association, of
| Chicago, spoke on "Overdrafts and Fulfill
ment of Contracts" In his talk he urged
that the dealers be honest with one an
| other. as they could thereby more profit
| ably transact their business
| c. A. McCotter, secretary of the Grain
Dealers Mutual Fire Insurance Company,
discussed elevator insurance. This ques-
ton has long been perplexing one among
| grainmen. The insurance of elevators has
| always been at such a heavy premium
because of the risk the combustible
property that it has seriously cut into
the profits of the trade. Mutual fire insur-
ance companies have been attempted sew
eral times and committee from the grain
dealers was appointed at the last meeting
10 go over the suggestion. Mr.. McCotter
explained the methods of his and other
companies. and suggested many ways In
which premiums could be lowered
! George s. Warren, of Indiana polls, read
| paper of instruction on the preparation
OF grains and cereals for terminal mar
kets. He enumerated many precautions
that might be taken to prevent waste in
leakage and insure delivery I'm good clean
condition and capable of good grading by
| inspectors.
During the evening the committee on ar.
| rangements OF the Board of Trade with
| John s. Lazarus, chairman, President Johr
j. Appel, Secretary j. W. Smith and many
members, united In smoker and reception
A
the Board of Trade. Punch, lunch, cigars
| vaudeville and music by a string orches
ira were provided for the amusement o.
the grainmen. Jesse Kannatz, a local con
Jurer, gave clever exhibition of sleight
of-hand and card tricks, Harry j. Burton
in black face, sang several songs ant
amused his auditors with monolosu,
sketch, and Sidney Jerome entertained witt
songs. guitar playing and character de
| lineation.
The programme of to-day's sessions II
| as follows:
acknowledgements of the possibilitie
OF requiring by law tariff rate and ca
service associations to be Incorporated
Establishment of Merchants Exchang
Weighing Bureau" by T. j. Stofer, of Buff
falo, n. Y.
Discussion of the attitude of railroa,
companies toward the association
, | Dangers to Be Avoided in the Graf,
Business, by w. w. Alder, of Lafayette
: Ind.
/ ACKNOWLEDGEMENTS Wheat Befor
weighing, by Calvin futile, Columbia
City, Ind.
Relative Dependency of the Miller to tn
Elevator Man., by S. G. s. Bash, of For
| Wayne, Ind.
Reports of the auditing and special com
! mittees and miscellaneous business