Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-05-30
WHERE IOWA CROPS GO
Only one-Eighth of the Corn
Produced In the Corn Belt
Is Sold to Dealers
The Wheat Is Practically All MiIIed
Locally and Less Than Third of
the Oats Is Shipped to Points In the
East-Farmers Paying Big Price for
An Open Market.

Des Mones, May 3o.AOnly B OF
the corn producsl in the great corn
producing belt of the middle west
passes thru the hands of the country
grain dealer into the markets OF the
territory. Chicago, st. Louis, MinneaD-
oils, PEORIA Kansas City, Milwaukee
and Memphis markets last year took
but 163,54S.OOO bushels of the 1,325,-
O32,OOO bushels of corn produced in
South Dakota, Minnesota, Iowa, Mis-
souri,. Kansas, Nebraska, Illinois and
Wisconsin. These extraordinary figures
have been made by Secretary George
III. Wells, of the Iowa Grain Dealers
Association. He also says that but
n per cent of the oats from these
The wheat Is practically all milled
locally; thus it may be estimated that
the amount of the different kinds Of
grain passing thru the country eleva-
tors in Iowa, including all the barley
rye and flax as being shipped, is about
as follows, to wit:
bushels.
12h per cent total crop corn 40, 49, 900
81 per cent total crop oats. 81, 977, 600
100 per cent total crop rye ;. 1,517O0O
100 per cent total crop barley 12,31S.O00
100 per cent total crop flax. $4,000
Total .86, 1884, 900
In other words, Of the 464,817,0O0
bushels of all kinds of grain produced
in Iowa, only S6,ss4,O00 bushels. or
about Is per cent, is sold as surplus
thru the country elevators
There are about $500 grain buyers
in the entire state OF Iowa who oper-
ate facilities for handling and storing
grain, at about $50 stations. thus av-
eraging about two elevators at each
station, and according to the above es-
innate on total amount of crop shipped
would give an average yearly volume
of about 4s,25O bushels Of all kinds of
grain for each grain dealer In Iowa.
The farm consumption and the bus
mess of feeding livestock determines
the farmers revenue on about " per
cent Of all the grain produced on the
farms Of Iowa.
II have made considerable investi-
CATION as to the average prices tina.
have been paid for grain by the deal
ers in different localities in Iowa dur
ing the past five years" says Mr..
Wells, "and find the average gross
margin of profit taken by the dealers
on oats as about IN cents, and on
corn about ~ cents per bushel."
The total gross profits on grain
taken by the grain dealers of Iowa,
not deducting any expense, may be es-
timated as follows:
O,4S1.0O0 bushels corn at lie
.......... .......p 1Vo,aAs
31,977,OOO bushels oats at 11ac
.. .s......... ........ 49,. 4ao'Voo
$4,000 bushels rye at &c. 45,5lV
sol 900 bushels flax at &c.. 29,55O
12.31S,000 bushels barley at
2Bc .. $3.50. 80. 3O7,95O
Total $1,571 ,0S2
In other words, the farmers of Iowa
are paying the grain dealers $l,57loS2
as compensation for providing an
open market. and maintaining their
small marketable surplus of grain,
amounting to about $S75 as the gross
earnings of each elevator, which GER
tainly does not give the grain dealer
much compensation for his invest
ment, time and expenses. If the farm
ers of this state would use their eff
forts in securing by selection and pre-
pairing the seed as instructed by Pro-
fessor Holden, they could unquestion-
ably add five bushels of corn to each
of the nine million acres planted an
nuaily, thus increasing the total crop
production about 5O,000,000 bushels,
worth $15.000,0O0, or ten times as much
as the entire compensation received by
the grain dealers of this state on all
the grain sold by the farmers for ship
ment.
Mr. Wells called attention to the fact
that in making grain estimates the
price of the highest grade always is
used, which, of course, makes an err
ror in the result. For instance, the
1850 cars of grain inspected at Chi
cago from August to April showed but
81 per cent No. 2, while 4s per cent
was No. 3 and the rest No. or no
grade.
Foley's Honey and Tar is peculiarly
adapted for asthma, bronchitis and
hoarseness. B. A. Morgan.