Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1910-08-17
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 IA years of age, the
corporation known as the Omaha Grain
exchange is a wonder-a prodigy in fact.
Organized in 1903 and beginning active bust
ness Immediately, the organization was fol-
lowed in 1904 by the establishment of a
grain market
Since s,at time the exchange has grown
by leaps and bounds. During the first year.
or rather. for the eleven months endin-
December 81, 1904, the total grain receipts
amounted to over 100000 bushels.
At that time and for many years prev
ious 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 grain CEN
ters then existing were materially less
than the sum of the rates into Omaha
from the country and from Omaha to the
grain 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 exter-
sion Of the Mason City & Fort Dodge
branch of his road and building tt into
Omaha. When this was completed he sue
ceeded in working out a plan whereby the
through rate was so arranged as to make
1t equal to the sum 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
up as great a grain market as those en-
listing at either Kansas City or Minneapolis
IL 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 is 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
d 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 2,14OOO
bushels. No official account was ther
taken Of the Omaha receipts and shipments
However during 1904. the first year Of th'
existence of the exchange, less than 1900
900 bushels of grain were received here
made up approximately of 100000 bushels
Of wheat, 100000 bushels of corn and 4,OOO,'
900 bushels of oats. At this time the ele-
vator capacity Of the market was increased
to 4.O5O,OOO bushels and in 1905 the receipts
totaled S4O5O,OO0 bushels, of which there
were 6518,200 bushels of wheat, 19,7719O
bushels OF corn and 7,776,0OO bushels of oats
BY December 81, 1906, the market elevator
capacity had been Increased to 6O4O OO
bushels and the receipts totaled 44,530, 30
bushels, this amount placing Omaha IL
sixth place among the great grain markets
The receipts of corn were 2O,728 400 bushels
giving Omaha third place as a corn market
Receipts and Shipments.
Total figures of receipts and shipment
of grain for 1909 are as follows:
Receipts Shipments
- Wheat, bushels ........., 9,97S,200 6,511 90
Corn, bushels .......... 20, 391 600 1888 90
Oats, bushels ..,..........lO,32 4,S00 9,553,O0
Rye bushels .,.......,.... 196,0OO 1856, 90
Barley, bushels .......... $4,000 1850
Totals ..................4S.469. 600 s4,557 90
List of Elevators.
Following is a list of elevators in tn
exchange, giving owner, location and ca
pacity: