Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1912-11-28
STICKNEY TELLS FARMERS
HOW TO INCREASE VALUES

UT TUEt u ITdISIFTF -dtIJfT iIVTTT tTTV VIZ
souri, river to Chicago should be consid-
cred. which has been about II cents per
100. or - cents per bushel making a on
ferenre in favor of the Minnesota farmer.
market OF Minneapolis and Duluth. of I
cents per busheI on wheat and rye, and
about ? cents per bushel on barley.
II ia be said. shat the Touring mills
market. 1t is undoubtedly true that the
mills have been ar important factor. but
the II ills and the market started together,
ans. as one grew tn. other grew. and. II
o,.e did make the other. it is Impossible
TO say whether the mills made the mar
Nrt or the market made the mills. The
Duluth market. which is of the same
storing ard carrying nearly as much
grain. came into existence without mills.
!he Chicago and New York grain mar
Ftts are unaccoinpanied by mills. So 1t
Is evident that the Touring mills are not
a necessary factor in establishing a grain
n..ket.
The probable waltz OF the mills OF Min
nsapoiis IN respect TO prices is fairly dis
wheat, which is milled at Minneapolis is
only ] cent less than the Chicago price.
which are not miiled at Minneapolis. is
from IL cents per bushel On rye to 4h+
cents on barley. less than Chicago. The
difference in favor of wheat may fairly
Wv W HI jHUteHCR OI Vne lnlIIS
upon the market.
1t seems. therefore. evident that the
manipulating machinery of tine elevators
affects market sslues more than the
machinery Of the mills.
Milling Of Grain.
Nov 's! us consider the milling Of
market reasons. which ] have already
stated. which max" the grain market
nearest the source of production the most
economical place to store grain makes
such a point the most economical place TO
mill grain. But the mi ling Of grain a.
such a point requires the cooperation II
a developed marker with elevators and
grain merchants to accumulate, store and
carry the grain In that market. otherwise
the grain Will move orwal to some more
distant markets and leave nothing Ia he
m = during the subsequent months of
of wheat which would otherwise pass
throug Minneapolis. and leave the great
Touring mills idle during the later months
OF me crop year. requires ~ elevators.
WIN a storage capacity of $4,000, 600
bushels. Without these reservoirs the
magnitude OF the present Touring mill in
dustrN at Minneapolis could not have been
at'alhed. The amount of capital required
20 both hold the grain and manufacture
me future price of the grain and of the
mill companies alone: besides. the profits
or the milling business would not Justify
me fisks- BY means of the independent
elevator companies and market. dealing
IN futures, this risk is distributed among
q large number. In effect. the market is
an insurance company. guaranteeing both
Inc future p rice of the grain and of the
aence, one upon the other, are the facts
which is the basis of my statement that
the mills and market at Minneapolis
ana II one made the other it is Impossible
10 say whether the mills made the mar
ket, or the market made the mills.
~ is probable that the milling business
it's zenith. becaus<-seis probable that the
production Of spring wheat will not in
crease. Spring wheat seems to be a plant
Mn1ch requires 2 virgin soil to produce.
d.ana, Illinois, Iowa and southern Min
nesota IN turn have produced it in great
followed by their soils refus-
d,i.,' 10 O., produce it longer. Then the pro-
OF northern Minnesota and the Dakotas.
ana the maximum of production in these
areas mas been maintained by bringing
uhdeh c%mi.,Sa.ion new areas of virgin soil,
lhere is very little -u~ncultivated virgin
spring wheat soil left to be brought under
.lea az IN the United States. and it is
ern Touring mills have to look to the
northwestern territory of Canada for their
.'e''
~. production OF the winter wheat
plant seems to be more permanent. The
SOILS which produced winter wheat a CEN
g are still producing. This taken.
m connection with the facts which have
0 o.s n. stated "a In regard to the spring wheat
millers to consider the advisability OF
transferring a part of their operafinns To
winter wheat districts. Already one
oI .ne largest milling corporations Of Min
neapoiis has provided itself with a mill at
ButfalO, another at st. IOu.s and orntha.
at Louisville, Ky.
The president of one of the Minnea no,,s
rporaIlo and one of h largest mill
.ng nrms nave discussed with me the adj
isabliity OF building a mill at Omaha.
and another at Kansas City. in such =
way tnat feel Justified in saying that a.
Is.haa ss me market at Omaha IL estab-
carrylne cepacity the Touring mill OF not
lesat than 5000 barrels per day capacity
VIII oe put IN operation at Omaha.
independent elevator company With can't
al nfftsteat.s to- build. an~elevator n 10
lea! IN grain and with sufficient co.I,ae %
I9v gram and to store 1t in Omaha
Hno ~ pe iollowed almost Immediately by
the erection of such a mill.
Mills Help Markets.
Such . milling interest is undo,ht s.,,v
valuable factor In establishing 8 hirhiv
time II is my opinion based unon r arev,'I
enumeration OF the history Of grain mar.
keIs. tnat mills are not essential, and that
mere are only three essential factors to
quantity of grain. ie"t
Nebraska is such a territory. In the
United States census crop year Of lsSs
me census OF 1900. 1t produced:
r,sx Bushels.
Corr 7.0si,al0.
lat. .3l0.s n 200
$500, 90
IThs.t 1850. 100
So 1,O00.000
which is SO 600 bushels more than ths
.sgss1ate production OF the state Of Min
nesOta. winch has built up two magni-
Llcent markets. one al Minneapolis ana