The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1911-12-21


storing their product in order to place
IL upon the market at the psychological
moment.
The storage feature of the plan Ia in
itself regarded as one OF the most i'm
portant matters yet broached on the
broomcorn question. On account OF the
very small area of the worlds agricul-
tural acreage that can grow the plant
successfully, the general market on
that product has proven the most vio-
lently fluctuative of any farm product
ever placed upon the marts of COM
merce. The season just closed affords
concrete illustration Of that fact In
that 1t opened with market ranging
from $75 90 to $l25.Oo ton and closed
with a market ranging from $4,000 to
800 90 ton, showing an average vari-
alton in the single season Of 5000 the
ton on the same grade of brush. A like
variation has occurred several times
during the past few years and there
has never yet appeared season in
which the margin between the maxi
mum and minimum prices on the brush
has not been especially notable, when
com pared to the corresponding mar
gins quoted on other farm products
The Importance Of the storage ques-
tion becomes more apparent when it is
observed that had the 10000 tons of
broomcorn which Oklahoma raised this
year been sold at the maxi mum limit
OF the price pend swing, the 6if-
ference between that and the mimi
mum limit is expressed in money
equivalent of two and one-quarter mil
lion dollars.
The insured storage warehouse plan
affords permanent solution to this
d difficulty. The farmer gets negotiable
certificates upon the deposition Of his
brush, all insurance premiums are paid
by the company. the brush is honestly
graded and classified and whenever he
thinks the market the most propitious
he can dispose of his holdings and real
ize full value at once. IL would thus
enable every farmer in the state en-
gagged in the production of broomcorn
to dispose of his holdings to the very
best possible advantage.
Another consideration, Oklahoma
City and the state generally naturally
have felt somewhat chagrined and dis
concerted in being continual eye wit
ness to the commercial sham and trav-
esty superindaced by that commercial
paradox by which this state produces
ninety percent of the annual broom
corn prod of the world and pre-
serves an economical status quo, while
outside speculators make away with
the profits. II is felt that something
should be done to identify the Oklaho-
ma grower with the business men Of
his own state, who are interested from
both commercial and geographical
standpoint in seeing that he prospers
and gets the best possible money equi-
valent for his work.
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sisting of seventy-five cars OF choice
Oklahoma brush was consigned to Wi
chita. Much Of this brush had been
contracted for by Kansans last sum
mer when many of them went from
county to county throughout the Okla
homa broumcorn district, and catching
the farmers in a period OF financial
stringency, managed to back down in
black and white number Of contracts
for autumn delivery on condition OF a
small cash payment.
The bonded warehouse plan is essen
TALLY device to rescue the broomcorn
industry of the state from a condition
ofcommercial chaos, improve the brush,
both from the standpoints Of quality
and quantity and see that the 0klaho-
ma growers are given square deal in
the marketing of their products.
incidentally it would make Oklahoms
City the broomcorn clearing house oi
the world .-Oklahoman
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