Deming graphic., 1919-11-25

give the farmer square deal ON the
grading OF HIS hay. IL the alfalfa is
|properly graded and sold according {,
grade Il would In all probability make
n difference Of at least S1.0O a ton TO
the farmers advantage. This amount
lis worth while and ought 70 receive
consideration.
q. Production cost. This was con
sidered one Of the important problems
of the community and OF the county.
IL was thought that unless the TAR
n;tr would endcavor TO ascertain what
his products are costing him he never
viii know what would be fair price
10 ask for his products. MIR. Brem
was asked TO act as leader IN TINS
project aud Il win be his purpose TO
make a production cost survey among
I'll the farmers In his community.
:. Farm accounts. Farm accounts
are essential TO determine accurately
the cost OF production and goes hand
in hand with that project. All the
|inen present at this meeting have Kept
Farm accounts during the past year
and realize fully the value OF this farm
practice TO the farm business. They all
highly recommend this keeping OF ac-
counts TO every farmer In the county
NIr. Brem head Of this project VIII
urge every farmer In the community
adopt some system Of accounting pre-
ferabiy that recommended by the Farm
Bureau.
At the close OF the meeting arrange
ments were made to secure members
10 the farm bureau. Those OF the four
men present signed membership cards
and paid In their membership dues
$1,000 TO Mr.. Brem the temporary
chairman.
Farmers Need Not Sacrifice Beans
When In Need Of Money
One OF the foremost steps taken by
the Mimbres Valley Farmers Associa-
tion 10 protect the members OF the As
sociation who are I'm need Of money for
their crops occurred last Friday when
the directors voted to issue a ware
house receipt.
The farmer, for beans that are re-
cleaned and stored in Farmers Asso-
citation warehouse, Is given ware
house receipt which will enable him to
90 To the bank and borrow money rath-
er than to sacrifice his crop at from
one-half cent to one cent below the
market price. This selling under he
market price In order TO obtain money
10 meet some financial Obligation
works hardship on other bean grow
ers as well as the man In need OF
money as this underselling has ten
dency TO demoralize what otherwise
would be- a steady and firm market.
This Is the way IL works: Say a
man brings In 100 sacks Of beans
which are worth $4,000 on the pres
ent market but for which there Is no
immediate demand. Under the old
methods he would sell this quantity of
beans for 500 or $3.50 at the most in
order TO make a quick sale This
would be n loss of from $50 to 800 on
the above quantity OF beans.
With the warehouse receipt he could
20 TO the bank and borrow as much as
$500 on the above valuation of beans.
This $500 at ten per cent interest for
six months would cost him $23. And
I'm most cases short loan of six
months is sufficient to meet his imme-
date needs. The saving. therefore. on
the valuation Of beans mentioned
above would be from S27 to ST. Be
sides this his neighbors who may be
Just as much in need Of money is not
compelled to sell on down-going mar
ket.
Following Is a sample Of the war
house receipt issued by the Farmers
Association:
Warehouse Recent
Mimbres Valley Farmers Association