Le MeschaceÌbeÌ. [volume] ([Lucy] La.) 1853-1942, 1918-01-26
ESTABLISH GRAIN AND HAY
MARKET REPORTING SERVICE
Purpose Is to Furnish Information as
to Location, and Prices of Feed
stuffs to Feed Buyers.

Il ASlICuIIuEG III cooperation Win the
Agricultural and Mechanical College
OF Texas and the New Mexico College
of Agriculture and Mechanic Arts, is
operating temporary grain and hay
market reporting service in Fort
| Worth for the purpose of furnishing
! information of the location and prices
of feedstuffs to the feed buyers of the
drouth district. Offices are maintain
ed in Room 215A Livestock Exchange.
where there is published daily mar
ket bulletin containing general market
| information and prices of grain and
| hay in primary market centers, such,
| for instance, as Kansas City, Omaha
| and Little Rock. The most important
feature of the service, however, is that
wherein are listed the location and
prices of definite lots of feedstuffs
which are offered for sale.
Mr.. K. B. Seeds of Washington,
chief Of the Grain and Hay Market Re
porting Service, spent some weeks in
the Southwest in the interest of this
work and at the present time Mr..
Louie d. Todd and Mr. F. r. Milbourn
of the Federal Bureau Of Markets are
stationed in the Fort Worth office,
while Mr.. W. F. Craddock Of the Elk
tension Service of the Texas A. and
NJ. College is representing that insti-
tuition in the work The New Mexico
College is actively cooperating and
the agricultural colleges and extension
services of the neighboring states are
rendering every possible assistance.
The plan of operation in detail is
explained by Mr.. Todd in the follow
ing interview. Mr.. Todd said: The
protracted dry period, extending over
considerable portion of the State of
Texas and over lesser portion Of the
States of Oklahoma, New Mexico and
Colorado, necessitated the movement
of feedstuffs into the affected terri
tory in much greater volume than
usual. This sudden and increased de-
mand for grains and forage constituted
an emergency which impelled the De-
partment of Agriculture to take action.
In the states surrounding the feed
consuming territory to which al1usion
has just been made, and in some por-
tions of the affected states themselves,
there was produced surplus of feed |
stuffs of various kinds. Information |
as to the location and character of |
these commodities was already in pos |
session of the Department of Agricul- |
ture through the activities of the |
Grain and Hay Market Reporting Serv- |
Ice, project conducted by the Fed |
sral Bureau Of Markets. The two col I
leges above referred to, through the |
work of their extension services, were
maintaining organizations of county.
agricultural agents, sensitive to the
needs of every community in these
two states. The idea of combining the
forces of che United States Depart
ment of Agriculture and the State Ex-
tension Services of these two states
has been carried out, making available
for the present emergency a large
working force of market men having
knowledge of the location of feedstuffs
and the demand for them.
''The Federal government, following
its accustomed policy of extending aid
in times of especial necessity, is bear
ing the entire expense of this work.
Besides the office in Fort Worth,
branch offices are maintained in Mem
phis, Tennessee, Montgomery, Ala
bama, Oklahoma City, Okla; Kansas
City, Mo-; st. Joseph, Mo-, and at other
points. From these various sources
definite lots of feeds of all kinds are
located and listed for sale for the
owner, whether he be farmer or a
1ealer. This information is then cir
culated broadcast through out the con-
,uming territory. Anyone, whether a
consumer or dealer, interested in
purchasing any listed commodity is
to have his bank wire this
office a definite order accompanied
With the banks guarantee Of payment
If draft when presented. The order
will then be transmitted by this office
o the party listing that commodity" /
1T is not intended, in any sense"
dr. Todd continued, ito usurp or inter
ere with the regular channels of busi-
less. Rather is it intended to facili-
ate the movement of feeds through
he accustomed channels. Although
he work has Barely gotten under way,
Ilready considerable volume of busi-
less has been directed to grain deal,
RS and farmers who had listed their
;eods in our bulletin.
"The local feed dealers throughout
he drouth area" Mr.. Todd asserted, ,
are availing themselves of the infor-
nation made accessible to them by
his service and are making adVan-
ageouS purchases through informa-
ion furnished in our daily bulletin. {
This office does not undertake to I
uarantee the quality or weights Of
ny commodity. Disputes over the
uality or weight are matters fer ad-
1stment between the contracting par ,
les. There will be maintained here,
owever, force of market men fa-
liliar with grades and market Gus I
pms and in case of dissatisfaction I
rising from the quality of any goods, t
n order for which was placed through t
lformation given out by us. our force z
i'll make every possible effort to as. ]
st in arranging satisfactory ad- :
lstment
.'The listing on one market sheet of
lie best offers obtained on definite
It's Of all kinds of grains and forages,
ON large producing area, obviously d
i'll be of great value to the districts n
hich, owing to the light rainfall the v
ast season, were transformed from n
lie producing to the consuming side =
the feed market" J,