The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1909-07-20
Not Much Prospects for
Lower Prices
DEATH Of Mr.. IA. HODG|N
A Leading Citizen OF Greensboro
Passes Away-Was Manager of Saw
lngS Department Greensboro Loan
and Trust C0Inpany-EIks Will
Hold Memorial Service sunday.
BY ANDREW JOINER.

By ANDREW JOINER.
Greensboro, n. c., July 14.-All
dealers as we'll as those who speculate
in grain have been non-plussed for
sometime by the strange fluctuations
but steady high prices in the wheat
market. The quotations today show
ing an advance of four points indi-
Gates another stride towards the top
notch price. While the local mills are
paying here now S1.25 for spot wheat,
the market quotations and the specu-
1atlVe figures are much higher. If
all reports are true several Greensboro
spectators have made good wheat
ventures On the market in the past
three months, one operator being
credited with having "struck OIL to
the tune of $4,000.
Mr.. j. A. Tate, one of the largest
regular grain dealers and jobbers in
the State, with headquarters in
Greensboro. speaking of the high level
Of prices for grain and feed stuffs
generally, especially wheat, said that
he did not see much prospects Of a
material lowering of prices. He said
he thought ~the~course of the wheat
market, since the sO-called Patton
corner had convinced the public that
Patton told the truth when he de-
clared he bought heat because he
realized it would be in demand, and
that Secretary Wilson was wrong
when he stated that the high prices
were the result of speculative com
binations, and that there was plenty
of reserve wheat.
Mr.. Tate says that the
ment made yesterday as coming from
Secretary Wilson, that high prices for
food ct1,f r. yrnc hn8a1rcn of C6nrta pn of
labor to produce it, was Of itself suffi-
Cient to show that the two statements
were contradictory. He says that this
country is growing in population fast
er thar the increase in supply is grow
ing. and that in a few more years I'M
less new territory is opened up, Amer
lea will soon be using all the wheat
grown here. having none for export.
The normal crop is now something
over 100, 900, 900 bushels. While the
United States formerly exported over
half it's product. he says now with
this enormous crop grown there is not
over $50, 100000 bushels left for ex-
port and reserve.
Owing to this home consumption
and high prices, foreign countries
which formerly depended upon the
United States and Canada for wheat,
are getting it from Argentina, India,
and new territories, getting inferior
wheat at somewhat reduced prices.
An interesting and impressive pro-
gram is being prepared for the an
nual memorial service of the knights
of Pythias to be held next Sunday af-
ternoon at 4 o'clock in West Market
Street Methodist church. The music
will be rend cred under the direction of
DIR. J. H. Wheeler. The principal adj
dress will be delivered by Rev. J. H.
Dickinson, the present Grand Chan
cellor Of the Knights Of Pythias of
-: NJ ooxoLn~, Of fLo Dy
THAN lodges of this city and vicinity
will meet at Court Square Sunday af-
ternoon and march in aebody to the
church to attend the memorial ser
vice. The public is cordially invited.
The only death in the two city
lodges since the last memorial ser
vice was that of DR.. J. f. Grimsley.
Death Of j. A. Hodein.
The death at a late hour last night
of Mr.. J. Addison Hodgin, after
an illness with pneumonia of only five
days, removed another one of the very
best citizens of Greensboro. Mr..
Hodgin was GO years of age. and
a widow. who is an invalid.
two brothers,. one sister and several
nephews and nieces, his brothers be
ing Mr.. d. L. Hodgin, Of this county;
Mr.. J. B.. Hodgin, of Kansas, and his
sister is Mrs. Elmer Egerton, of
Goldsboro. he funeral services will
be held tomorrow at IL o'clock, the
interment being in Green Hill Gem
etery. Mr.. Hodgin was a native of
Guilford county, of good old Quaker
n was a devOut member of
the Friends church. He was q firm
faithful friend. of unblemished
financial integrity and possessed of
great financial capacity, having amass-
ed a large fortune by wise investments
and prudent economy. He was
ager of the savings department of the