The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-07-25
The Farm and the Farmer
BY William r. Sanborn

We Judge that the farmers who put
their grain in store when they were
offered 81 and better will now hold
for the long pull. That was no doubt
their intention when they refused TO
sell direct from the machines, so they
will not be at all Disconnected by the
fact that cash and July wheat soften
ed at all market centers on MONDAY,
until many country elevators marked
down the price to IS cents, and IN
some instances to 81 cents
The philosophical farmer will al
ready have concluded that the miners
and railway strikers cannot live con-
tinuously without labor, and that some
of these days we will be mining coal,
mending cars and engines and repair
ing tracks, just as If there never had
been a strike. Should the various
strikes shut down hundreds of indus
trial plants, thus adding to the number
of unemployed, we must find some
way to feed the hungry at home, just
as we have so long fed the fam1shed
in Europe. That will mean the con-
sumption of grain, for breadlines can
America, so the wheat will be needed,
of course. But breadlines are an I'M
pleasant subject and we sincerely
hope we may never see them again
| in this country in any labor center.
. But if we should there can be no doubt
| that the "embattled" farmers who
have so freely and literally taken
their deflation doses and losses will
IA
/ the destitute.
July Wheat Range Last Week
| The range on July wheat at Chicago
/ last week was from a high of s1.173s,
made on Monday, to low of Sill
made on Saturday. From the low
| there was a rally on Saturday, with a
close at s111A. Farmers and coun-
try elevatormen consider this all the
break that could have been expected,
i but when on Monday forenoon the
July option struck low of s1.06% it
looked as if the bottom had fallen out
and prices at all country points were
quickly marked down, as the cash
/ grain also declined materially in all
! markets.
This made break of more than 10
cents from Monday to Monday and
was most discouraging to farmers
and shippers, who could figure no le-
climate reason for SO great a decline.
Paid ga Cents to 81
One elevatorman reported on Mon
day afternoon that he had taken in
some 81 wheat, not because that was
the market price, but because it had
been contracted some days ago.
Early in the forenoon they paid all
I he lint
markets had closed they go down to
"a cents, was the statement
/ The flour mill at Lynn reported
paying 81 cents on Monday, but said
they would open the ball at a lower
/ figure on Tuesday morning. They re-
port but little wheat received on Mon
day and said they had so far been
| able to get all the cars needed.
Ruling Price, e5 Cents
! Among the elevators called on Mon
95 cents for wheat on Monday after
was moving freely, considering the
price, 95 cents. The elevator at
! Green's Fork said 95 cents was also
their price, as did the Equity elevator
at Eaton. The manager at Eaton said
managed to clean up their threshing
and to get into the market before the
price fell below ST. He said he had
begun paying 81 cents early on Mon
day and would maintain that price all
day, but his figure would be more
in line with shipping prices on Tues
day, would in fact be lower unless the
market took an upward squirt.
I al OF u q
got down to 90 cents during Monday
afternoon. The manager said wheat
had been moving very freely during
the past two weeks and they had
made some heavy shipments. He said
that they had been able to get cars as
required, as a rule, and were having
some cars spotted on Monday after
noon and were promised more cars
i for Tuesday His report was to the
effect that farmers were pretty free
sellers, in the main.
Elevator Loses $50
But all reports are not thus favor
able. We have been told of an ele-
vator in Randolph county which was
penalized $3.50 last week, because of
lack of cars to make deliveries as per
contract This reported loss fell on
an elevator dJ TdIuSI SIldlI COuuITy
point And there are others reporting
various losses.
j Prices were fairly we'll maintained
in Randolph county, on Monday, the
policy generally being to hold the
morning prices throughout the day.
The Goodrich elevators at Winchester
held the 81 cent price during the en-
tire day, on deliveries coming in, we
were told. AS a rule it is understood
that farmers are in the habit of selling
day or two before threshing, at the
same time notifying elevatormen of
the time of delivery, if rain does not
prevent.
Jersey Cow Breaks Record
The worlds Jersey record for but
terfat has been broken by an Oregon
COW, Lads Iota, owned by S. ]. Nc
Kee, independence, Ore The new
record is 1.047.94 pounds of butterfat
and 1920 pounds of milk. The
former record was 1,040.0S pounds of
fat. This record was made by Plain
J Mary, Maine Jersey. Previous to
her record the worlds Jersey record
was held by Vive La France, owned
by Pickard Brothers Marion Ore