Omaha daily bee., 1911-07-23
GRAIN EXCHANGE IN A MIX
Bewsher is Peeved at Action Of Some
Other Members.
SENDS OUT CIRCULAR LETTERS
Members Say He IL Guilty of Indis-
erection I'm Advising shippers TO
Steer Clear of the Omaha
Grain Market.

Trouble is brewing in grain circles over
a circular letter which A. w. Bewsher sent
to his customers, advising them not to SEND
their wheat to Omaha Another circular
letter was sent by Mr.. Bewsher to the
stockholders OF the Omaha Grain exchange,
in which he complains Of the practices OF
certain members Of the exchange He
takes exception TO their methods Of doing
business, pointing out that 1t is a "knock"
to the Omaha grain market.
Grain men say they are paying little at
tention to the letter because it is setting
forth a personal grievance of Mr.. Bewsher.
prominent member Of the exchange
says that Mr.. Bewsher is guilty Of gross
indiscretion for giving prominence to the
complaint in the manner in which he did
and that should the matter be taken up by
the exchange the expulsion of Mr.. Bewsher
might follow.
Mr. Bewsher refused to make any state
ment concerning the matter. This circular
was sent to the stockholders of the ex-
change by Mr.. Bewsher
To the Stockholders of the Omaha Grain
Exchange-We regret the necessity that
compelled us to caution our shippers
against consigning to the Omaha market
as set forth in our enclosed market letter OF
yesterday, but the Omaha market as an
.
has by the action of certain large inter
ests in this market. became a farce. This
Is only one Of many similar happenings
that have taken place in the last two years.
We have one of the largest lists of clients
shipping to this market OF any one in the
market, and we are obliged to see that
those clients are protected.
Under the method pursued IL Is worth
more to the country shipper to avoid the
Omaha Grain exchange than to market his
shipments through it. In fact, the parties
rafVf IN
two occasions to pay as much for the
same wheat on the Omaha Grain exchange
on higher market than they would pay
the shipper for ii IL shipped to them direct,
and the Omaha Grain exchange sales cost
the shipper ! cent bushel to sell his
wheat.
of this discrimination against the Omaha
Grain exchange by active members of the
exchange The market to be an attraction
to the country shipper should offer him
some inducement for his grain, not charge
him penalty for Shipping IL here. This
work is the more condemnable from the
been directors Of the Omaha Grain ex-
change You know that the Omaha Grain
exchange in which you hold a share OF
stock, cannot prosper against such disad-
vantage. 1t is such methods as these that
explain why the Omaha market has not
grown faster in new companies during the
past two years. 1t explains why your
membership the face value Of which is
$500, is not worth more than the trCasury
stock taken off the market 1t explains
why there is not greater demand for the
memberships now offered for sale. Ii
might explain why a semi assess
ment against your stock is made necessary.
II you are interested in the progress of
Omaha and the Grain exchange, as stock
holders OF the Omaha Grain exchange, you
owe the conditions an investigation. We
have tried to show you hard enough in the
past two years how a bigger, broader
market could be accomplished. We are
now trying to show you how a shrinking
market can be avoided
THE BEWEHER co.
Stockholders are raising a protest against
the assessment of $40 a share, which has
been levied by the exchange AS there are
167 shareholders the amount raised, which
is supposed to take care of the deficit. is
50, $40.