The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1920-10-05
The Farm and Farmer

With reference to the grain market
conditions" said John Hazelrigg,
Tuesday, they couldn't well be worse. !
1t isn't to be expected that farmers
will offer anything now, nor mighty
little during the recent continuous
break. Why should they? The stuff
in store will keep. 1t was put away
for that purpose. / haven't tried to
buy clover seed Of late. 1t should be
worth much more than current mar
ket prices. While l have heard of
clover being sold some lower the
least we have paid is $40 per bushel,
for both English and little red. l am
advising growers to hold their seed.
LAS to prices declining generally
the farmer is the man who has really
been hit. In all other lines the jobber
or merchant can regulate his losses
or insure profit. They are his goods
and he puts price on them. Not so
the farmer. l can't see that the H.
c. L. looks much different than usual.
1t is still doing business at the old
stand, in spite of the break in some
lines at mills and factories. 1t is go
ing to take time to get down to a sat
isfactory and permanent level, of
course"
Rebuilding at EIdorado
1--WE are rebuilding and remodeling
our elevator said H. L. Trick, Of FL
dorado, land consequently have not
been in the market for some time.
| We made clean up, had busy sea-
son and have no complaint to make,
whatever, but are mighty sorry to
| see things go all to pieces so sudden
J ly. 1t is enough to take a mans
| breath away. OF course no one can
buy dollars worth at present prices.
There is no encouragement for a
| farmer to market either wheat, corn
or oats and nothing in it if they do.
The frost did not hit us last Satur
day morning, at least did no damage.
Tomatoes are still ripening and were
not injured, and tobacco is under
| cover"
Bought conservativeIy
George Richards, of New Paris,
doubts that the bottom has been
reached. He says that the days of
war prices are over and that nothing
can be maintained at former levels.
Mr.. Richards says they have bought
very little grain for weeks. He says
they had anticipated a considerable
decline and handled their purchases
on a safe basis and have kept closely
| SOlu Jul ne CldlluS ludL LuSy nave
| had very good season and that their
| elevator has made money on the 1920
crop movement. Farmers are likely
to hold grain now; they have no in
ducement to sell, but even so those
who hold too long are not likely to
make by it, in our opinion. We can't
get back to very high levels, in our
view. Everything is coming down,
and to stay down where they belong,
is the way we see it."
Wheat Cost S226
The cost of producing wheat in Mis-
souri, this year has been set at 1925
by the Missouri College of Agricul-
ture in an exhaustive review. This
cost is based on 25 cents per hour
for labor, aside from harvest days, Is
cents per pound for Irvine, and 1919
cents for threshing. To these is
added an allowance of cents for de-
livery at local mills and elevators.
!, and horse labor at Is cents per hour.
Figuring labor actually used, seed,
fertilizer and Irvine, and an allowance
for abandoned acreage, the Missouri
ans figure that oats cost the farmer
rs cents per bushel on the farm in
1920. 1t is not very likely that wheat
and oats cost more to produce in Mis-
souri, than in Indiana in 1920. At
present price of wheat and oats, not
a single farmer will claim that he is
making money. But most of our
wheat and oats sold at much higher
than ruling prices, mostly from the
machines.
Lime, Live Stock, Legumes
| The slogan of a gentleman farmer.
20 Of
| Lime, live stock and 1egumes.''~ The
governor has 5000 acres of land in
the Rock River valley, a once sandy
soil of little value, which now pro-
duces 500 worth of alfalfa to the
acre There are 500 pure bred Hol-
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