The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1920-11-23

We wish to make a correction in
view of the omission of a few lines in
our market review Monday, in the rush
of making up before going to press.
Such accidents seldom occur, but mis-
takes will happen" even in the best
regulated newspaper offices, despite
utmost care. One paragraph referred
to should have read: Despite the de-
cline in grain prices. producers have
done little liquidating." This means
that they have been holding their
grain, regardless of all market flurrieS
and depression.
In another paragraph It was stated
that cash oats had sold at 47A-not
37A as printed-to 481a cents on
Saturday. We also stated that corn
had declined 60 per cent from the high
point in June, and that cash oats had
fallen 63 per cent, compared with the
high record price in July. Also that
various grains had dropped from 40 to
60 per cent, compared with the high of
the year. This, in brief, was told in
the missing lines.
EIdorado Buying Corn.
We were paying 60 cents for corn
last week." said H. l.. Trick, of Edo
RADIO, out since the sharp decline on
Saturday have decided that for the
present at least, we can only offer so
cents per bushel for the new crop. The
continued break in grain and hogs has
been very much of a surprise to us
and to our farmers, and the question
is? How low will prices finally go,
unless there is a sudden stop to this
liquidation?'
Mr.. Trick says they are offering
81 so for wheat and that none is COM
! ing in: also that no oats are on offer
at any price Asked as to his coal
supply he said they had been able to
| sell some hard coal at SIS for pea and
at SIT for chestnut, and had received
quite a lot CT both sizes. They have
Kentucky lump and Jackson coal in
the yards which are selling around
s12 The Trick elevator, which has
been improved with new machinery
i and other betterments, tested out its
| corn Smelling outst Monday.
| Report From Milton.
The Milton Grain company reports
some coal at its three stations, includ-
ing Beeson Station and Bentonville.
The supply is rot large at either point,
although they have orders out Suffi-
cient for current needs. They bought
a little corn at 60 cents last week but
are not likely to pay more than fifty
cents this week, unless the market
shows firmer trend. This was the
report from their office on Monday
afternoon. following the making of a
lew low on corn at Chicago.
Entirely Out of Coal.
According to George Richards. OF
New Paris, they haven't a pound OF
coal in their bins, and are finding 1t
hard to get any. They have orders
for coal out, including anthracite for
the farmers base burner, but 1t seems
a mighty long haul from the anthra
cite district, with winter at the door
and a crying demand for coal. We
wish to remark right here that while
many have found it difficult to get
hard coal there are elevator men in
the Richmond radius who have been
fortunate enough to have received all
the hard coal that their trade has
called for to date. Still others have
gotten in a few cars. while we can
name points where their hard coal or
ders have been reported booked for
months and not a ton yet in. 1t is
hard to understand this, but really
the shipping of hard coal has appar
emily, like kisses, gone by favor,
this entire season.
Getting back to Mr.. Richards, OF
New Paris, be it said that he has been
supplying feeders with corn at Il
cents recently, having been able tc
get in small lots from several farmers
at IS cents of late. No wheat or oats
are offered him. and he says tina
trade in flour and feed is almost nj
at this time.
Side-Leht on Wool Situation.
The unsatisfactory situation in the
American wool market is discussed by
a correspondent of the Breeders Gaz
cite, of Chicago. in its issue of Novem
Der IS. as follows. under this caption
Swapping American Wool Growers:
domestic wool cannot be sold at &
reasonable price, if at all. The maj