Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-01-01

bushels
Omaha Elevator company. 10000
Merriam & Holmuuist Company. COCOON
Twamley, Son & Co................... 10000
Transmissssippi Grain company. 100000
Total .......................... $4,000
Since the grain market was established
these elevators have been added:
Capacity,
bushels.
independent Elevator company...... 1000 900
Updike Grain company................ 800. 900
Merriam & Holmquist ................ 1&, 900
Nebraska-Iowa Grain Company. 125,000
Crowell Lumber and Grain Co... 125,000
Nebraska Hay and Grain Go. .. $500
Chicago, Rock Island e. Pacific Railroad
company, small transfer elevator.
For the first eleven months of 1905, Is. $685.
500 bushels of corn, 6,oO3 400 bushels of
wheat, 6.495.5CO bushels of oats, $4,000
bushels of rye and $4,000 bushels of barley
were received at the local market. For the
eleven months operated in 1904 the receipts
on the same kinds Of grain were: Corn
Ss33,7S5 bushels; wheat, S,5S7,500 bushels;
oats, 3517,250 bushels; rye, $4,000 bushels,
and barley. 17s,O00 bushels
The officers of the exchange are:
President-G. w. wattles.
Vice Presidents-S. A. McWhorter and
e. E. Bruce
Directors-N. B. Updike, A. B. Jaquith,
Nathan Merriam, G. w. wattles. S. A.
McWhorter, F. p. Kirkendall, E. e. Bruce,
A. L. Reed and Arthur c. Smith.
Secretary-A II. Merchant
Treasurer-A. l. Reed.
The exchange is not composed of grain
men exclusively. Many prominent business
men of other lines and professional men
hold shares of the 100000 capital stock.
At present about forty-five separate firms
and individuals are actively interested in
the grain business and maintain offices In
! Omaha.
| Won Dorm Grain CO., Board of Trade.
The Won Dorm Grain company succeeded
| to the business of the George Adams Grain
company, which Mr.. ]. E. Won Dorm had
handled here for many years. He is a ma
tive of Omaha and grain man of years of
| experience and wide acquaintance in Ne
braska and does a large commission,
brokerage and future business on the ex-
change He has important connections in
| other states.
| George III. Lyons, 219 Board of Trade,
Mr.. George H. Lyons is an experienced
grain broker, who carries on a large busi-
ness, mostly on a commission basis He
Is known as an expert, not only in grain,
but in the market conditions.
F. o. HOIlinger, 213-14 Board of Trade.
Mr.. F. c. Hollinger does a large grain
| commission and option business. He has
been in the business in Omaha eighteen
years, having been formerly part of
the firm of McWhorter, Hollinger & Sunder-
land, which is now dissolved. Mr.. Holm
ger is member and has been a warm
supporter of the Omaha Grain exchange.
He represents the we'll known firm, Logan
& Bryan, of Chicago and New York.
Merriam & HoImquist, Board of Trade
The president, Mr.. Nathan Merriam, is
one of the oldest and most experienced
grain dealers in Omaha; for many years
he operated the old elevator on the Union
Pacific tracks, the first structure of its
kind in Omaha. He was one of the men
! who II ade the Grain exchange a possibility.
He is now director in that organization.
Although. the company had the 100000
pushed capacity of the Woodman ele-
vator a new elevator was built
at Sherman avenue and the Mis-
souri, Pacific tracks last year. The old
elevator was designed mostly for storage,
but the new one is equipped for quick
handling. The latter has capacity of
125. 900 bushels Besides these elevators the
company has about half a dozen others To-
Gated along the Omaha railroad in Ne
braska.
Mr.. J. w. Holmquist of Oakland is sec
rotary and Mr. John Moreman is treasurer.
Updike Grain CO., SAG Bee Bldg.
| The Updike Grain company is a pecu-
liarly Nebraska institution, having grown
from a small beginning to one of the
largest grain concerns in the west. This
company now owns about thirty-fve ele-
vators in Nebraska, Iowa and South Da-
kota along the lines of the Northwestern
railroad, and their operations cover Ne
braska and extend into Iowa, South Dakota,
Kansas, illinois, Missouri and other states.
Their faith in Omaha as a primary grain
market is shown by the large elevator of
100000 bushels capacity erected last year
at South Omaha.
} Mr.. N. P. Updike is president C. l.
Babcock secretary and E. A. Cope treas
urer with c. L. Babcock. Charles Howe
E A Cope. e. Updike and Fred Updike as
directors. N. B. Updike, the president
was one Of the organizers of the Omaha
Grain exchange. of which body he is a di-
! rector.
Independent Elevator Company.
When in 1903 II was proposed to make
! Omaha a great grain market town the nc
cessity for large storage elevator where
any owner OF grain might store his wares
as long as he pleased and be free from
, any Of the various market influences, wa:
sharply realized. Grain rates favorable Il
Omaha were secured and the Independent
Elevator company was organized and In
corporated by Gurdon w. Wattles, Guy c
Barton, F. p. Kirkendall, A. L. Reed. d
e. Bruce and the late Frank Murphy. whC
has been succeeded in the directorate b,
Frank t. Hamilton.
The elevator company is free from rail
road ENGAGEMENTS OF any and all kinds anC
in a position to offer equal treatment to al
customers who have grain to store. Tit
elevator was constructed in 1904 and hal
o been in successful operation for severa
months. 1t is built entirely of steel. con
sisting OF eight immense steel tanks and al
: iron house, and has a capacity Of 10000
= bushels The entire structure and mechan
= ism cost about s225. 900. and throughout 1t Il
= in every respect one OF the best elevator
= in the west 1t is being used by PRACTICAL!
A all the grain dealers OF the city.
= Being OF freproof construction no insur
!, ance is required on the grain. The small
a dealer, who in large measure is depende'
a upon to build up the market, is given al
;. opportunity to store his grain on an evel
. footing with the big companies having spe
cial facilities, and in this wise to hold
until he desires to sell.