The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-08-19

JOhn ODed, well KnOWn STOCK Uuy
er living east of New Paris, said that
he had bid 50 for heavy hogs and $3.50
for light hogs on Thursday, but his Of
fers had been turned down. farmers
not being willing to sell at his figures.
Mr.. ODea doesn't want to pose as an
authority but said he looked for ir-
regular live stock markets for some
time. with hogs ranging not far from
present figures.
The bulk of our corn looks promis-
ing" said Fred Sclientz, of Eldorado.
! "but some of it was scorched too much
to ever make a real crop. We are
not expecting a big crop of tobacco,
as a rule, although some patches are
very promising. The late spring sea-
son, followed by dry weather retarded
growth, besides which the acreage was
cut, compared to last year, according
| to what our farmers say. AS with
corn, so with tobacco, 1t is good and
| bad, in spots"
Mr.. Schlientz said they had been
buying some wheat lately, not great
deal, and that they had been paying
$113 for a first class article.
Report From Glen karn.
| The elevator at Glen karn, o., does
| the local grain business for the Hol-
| lansburg district. Manager Richards
reports very little grain moving and
says that while they are doing some
| little business in coal farmers are
showing no anxiety about winter sup
plies, as yet. Asked as to outlook for
fall wheat sowing Mr.. Richards ex-
pressed the opinion that less wheat
would be sown than last year, and for
| two reasons: First there is so much
corn down in this section that farmers
are not likely to tear up their corn to
| SOW wheat, and further the price of
wheat offers no inducement to sow it
unless it comes handy to do So
Feeders Paying High for Corn.
| H NJ Hockett, in charge of the ele-
vator at Fountain City, cites the fact
| that local feeders in his bailiwick are
paying IS cents, and even more, for
corn. This lets Us out" he said, be
ing so much above central markets.
We are doing nothing to mention in
grain shipping just now, but are han
ding some feed and COAL but there is
no urgent demand for the latter. farm
ers not being in rush to buy
This reminds that a car of base
burner anthracite was received by the
farm bureau folks at Fountain City,
On Tuesday, and was priced at SIS in
the car.
Selling Coal at Camden.
The Eikenberry elevators at Cam,
den paid S108 for Number wheat
on Thursday all day, despite the weak.
|, ness in the central markets; they also
took in some corn at SIS cents, but say
that not a great deal of grain is on
offer. Asked as to seed wheat they
reported marketing couple of cars
so far! said they had 10 trouble in
getting a good article of seed wheat
and had lot of the GLADDEN. variety
: which many buyers favored. We
judge that many Camden people have
come to the conclusion that this is q
pretty good time to make sure of theli
winters coal, which Mr.. Eikenberry
{ says they have been buying quite
! freely. of late.
College Corner Drops to S1.o4.
, The manager of the College Corner
Milling company tells US that they
thought it best to cut price of wheat
four cents on Thursday. They pait
: s1.0S in the forenoon, but when Chi
| ago quit the day at further reduction
in cash hand option prices they marked
their price down to s1.04. This made
College Corner the low spot reporting
: on wheat They are now looking fol
! | a good crop of corn down that way, j
frost holds off. Asked as to the de
mand for coal the miller said the.
, had sold a couple of cars within the
past few days and he is advising Goa
= purchases, now. He says coal is low
at the mines and he is looking for NJ
reductions worth while, either in Goa
: or freight rates.
: Lynn Elevator Reports.
: Our price on wheat is s10S, ant
! we paid 80 cents per hundred pound
for the last corn brought in. Oats ar
all cleaned up, except as held on tn
farms for home use," was the repor
from the Lynn elevator on Thursda,
, coal, although we are selling a littl
right along"
Too Many Hogs.
The supplies of hogs at the leadin
Z. markets continue TO increase. Chics
e COS receipts thus far in August hav
Y been nearly 100000 head greater tina
d in the same three weeks last yea
If The full months total promises to SUI
d pass any August in history, unless r,
v. cent breaks cause a heavy drop i
d loadings.
5. Why Overflow the Markets?
AS an excuse, or a reason, for tn
9 depression in grain and the break
d prices this week, Chicago grain ma
IT says: Farmers are selling a S thong
they will never have another chanc
;s to dispose of their crops. And the
If are selling regardless of prices. TIL
m not only lowers grain but is having
20 demoralizing effect on general bus
- ness conditions
Accepting that statement for VIII;
it is worth we may be sure there is r