Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1910-08-31
GRAIN EXCHANGE GROWING
Infant is Fast Maturing Into a Full
Grown Giant,
ELEVATORS AND MILLS, ALSO
Both Have Kept Pace with the Won
derfuI Growth of the Exchange
--Receipts and shipments
Increase.

For an infant only III years Of age, the
corporation known as the omaha Grain
exchange is a wonder-a prodigy. in fact.
Organized in 1903 and beginning active busi-
ness Immediately, the organization was fol-
lowed in 1904 by the establishment OF o
grain market
Since tIiat time the exchange has grown
by leaps and bounds. During the first year,
or rather. for the eleven months endin-
amounted to over 100000 bushels
At that time and for many years prev
lous the railroads serving Omaha had their
rates on grain so arranged that the sur
plus grain production of Nebraska could
not be handled in this city. This was due
to the fact that the rates from interior
Nebraska points to the great gram CEN
ters then existing we're materially less
than the sum OF the rates into Omaha
from the country and from Omaha to the
rain centers.
This was finally to a great extent over
come when A. B. Stickney, then president
of the Chicago Great Western Railway
company. succeeded in financing an extern
branch of his road and building It into
Omaha. When this was completed he sue
ceeded in working out a plan whereby the
through rate was so arranged az to make
1t equal to the SUN of the rate into Omaha
and the rate from Omaha to the grain
centers.
Coincidently, he clearly proved to Omaha
business men that they might easily build
/ t.rN MR.
listing at either Kansas City or Minneapolis
If they would take advantage Of the stu
alton created by his action in regard 20
the railroad facilities. He succeeded in
interesting all the business interests Of
Omaha with the result that today the
Omaha Grain exchange stands fourth
among the grain markets of the country
Facilities Increase.
Omaha's market facilities are increasing
with giant strides, The city enjoys the dis
tinction Of being the second corn market in
the world. Considering primary receipts
only the city ls one Of the greatest primary
grain markets In the world. With more
equitable freight rates, which are bound
TO be brought about, the rapid development
of the agricultural resources of the large
territory adjacent to this market will be in
store.
Previous to the organization Of the ex-
change, the elevator capacity was 2,14O,OOO
bushels. No official account was then
taken Of the Omaha receipts and shipments.
However, during 1904, the first year Of the
existence of the exchange, less than 1900
900 bushels of grain were received here,
made up approximately Of 100000 bushels
900 bushels OF oats. At this time the ele-
vator capacity OF the market was increased
10 100000 bushels and In 1906 the receipts
totaled 34,05O,OOo bushels, of which there
were 6,5ls,20O bushels OF wheat, 18Th, 300
bushels of corn and 7.776,O0O bushels Of oats.
BY December 81. 1905, the market elevator
capacity had been increased to 6.O40OO0
bushels and the receipts totaled 4,6SO, 900
bushels, this amount placing Omaha In
sixth place among the great grain markets.
The receipts OF corn were 2O72s,4Oo bushels,
giving Omaha third place as corn market.
Receipts and shipments.
Total figures OF receipts and shipments
of grain for 1909 are as follows:
49, ~