Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-10-08
ONLY CHICAGO
OUTRANKS CITY
ASCORN MARKET
Receipts of Cereal Here Elk
coed 2O,00O,OOO Bushels
Annually.
LIVE STOCK CENTER, TOO

With a thoroughness characteristic of
the city IN all its undertakings, Indian
apolis began at an early date to capt.
talize the agricultural resources of it's
trading territory. Circumstances or
y dained that this should become a great
corn and livestock market.
To-day Indianapolis ranks second of all
the corn markets Of the United States,
Chicago alone handling a larger amount
Corn receipts here exceed 20,O00, 900 bush
els annually The city's livestock re-
ceipts average $25.O00,OOO, and its output
in meat Products $4,000 900.
Tremendously important as are the
citys. manufacturing. jobbing and re-
failing business, the fundamental activity
upon which the citys greatness is found
ed is agricultural. The service it is also
able to render TO the farmers of this fer
tile territory gains an immense advan-
tage for all business and industry Of the
city as those who market produce here
also shop here.
TERRITORY
PRODUCTIVE.
Grain and livestock centers of the
West serve a much wider territory than
does Indianapolis, but none has a more
productive territory per acre. Trans
portation problems give producers Of
this region comparatively little concern.
Indeed, the Indianapolis livestock mar
ket IS the largest drive in" market of
the country. Millions of dollars worth
q hogs reach this market in motor
SEEKS, thanks to the splendid system Of
roads which connects the metropolis with
Its territory.
More than 5000 900 bushels of corn are
absorbed on the local market by Indian
apolis industries. Other large corn mar
kets OF the country lack facilities for
turning receipts to such profits. Thou
sands of persons are given employment
in indianapolis by the industries built
upon the availability Of corn.
MUCH WHEAT AND
OATS HANDLED.
Trading on the Indianapolis Board Of
Trade Is not confined to corn although
that commodity outstrips all other grains
in Importance to local dealers. Four
million bushels of wheat are handled each
year and 100000 bushels of oats. Mil
waukee, Minneapolis and Chicago only
outclass indianapolis as oats markets.
Unfortunately the city does not convert
oats into finished products. Business
leaders long have pointed out that a
splendid opportunity is being neglected
here. An oatmeal factory or similar in
dustry would find this an advantageous
field in which to operate with its supply
u raw nHlSlldis Cncdp pOhNAf SpOu laoVA
conditions and easy egress to cOnsump-
tor markets, 1t is pointed out.
Grain handled by the Indianapolis
Board of Trade members amounts to ap-
proximately S75.OO0,0OO a year. Thirty
eight commission firms handle this vast
business. Thousands of persons are
given employment in the handling Of this
grain and the converting of it into fin
ished products.
BOARD OF TRADE
IMPORTANT FACTOR.
The Board of Trade is an important
factor in the city's commercial life in
more than one direction. Beside enabling
the growth of the city as a market and
manufacturing center, the institution
taSes an active interest in all movements
- the betterment and growth of the
city.
Hogs form the basis for the Indianapo-
lis livestock market. Last year the