Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-05
GRAIN FIRMS UNITE
AGAINST BIG POOL
Cooperative Body and Pri'
vate Concern Are Build
ing Many Elevators.
BY JOHN F. SINCLAIR.


NEW YORK, August 5. IN. A. N. Al
The big Canadian wheat pool-a CO.
operative organization of the western
wheat farmers-seems to be forcing the
private grain firms to join hands Tor
their own protection.
Recently 80 of the big grain firms on
the winnipeg Grain Exchange nave
united under one corporate management
IN order to cut the cost OF handing
grain to the minimum.
If the present tendency keeps up,
scores of other individual firms Will
Join hands for the same reason.
The Canadian pool, which owns about
1900 country elevators out of total OF
5000, is adding or building more OF them
at the rate of from 800 to 400 year.
1t is the commission firms which
merely act as agents in finding buyers
for the grain cars consigned to them
who have found the competition OF the
pool keeneSt.
Private Elevator Building.
Naturally those who control the coun-
try elevators control the f1oW OF grain.
Private traders, too, are building many
elevators this Summer to strengthen
their own position
Both the private interests and the pool
are also concentrating on additional
storage facilities at the tcrminals-Win-
ripcg, Fort william, Montreal and
Vancouver.
Naturally. the poor crop prospects
have somewhat dampened the ardor OF
both groups But it is the aim OF the
pool finally to work out rounded
marketing organization. When that Is
done it will be not only the plggesC
Canadian factor to be reckoned with,
but the greatest world factor as well.
Air-Cooled Office Buildings.
The hot weather has again brought
the attention of the business world
to the problem of the air-cooled once
building. The best opinion now is that
within or 10 years all modern Oh
fee buildings will have their own
withdrawing plants.
The Milan Building in San Antonio,
Tex, has one now. The temperature
Is always under 80 degrees in the SUM-
mer and above 70 in the Winter. The
plant regulates the humidity OF the
building, which, by the way, is just as
important as the temperature. 1t
washes and purifles the air that circu-
lates within each Office every minutes.
The spray chamber is the heart OF
the weather plant. In this building
two refrigeration units cool the water
to desirable temperature through
compression and evaporation. Water is
rate of 1900 gallons minute the
spray water itself is purified by recircu-
lation and recooling and is used over
and over again.
Air comes into an Office through
grill in the wall near the ceiling.
Dampers on the various distributing
units make it possible to regulate the
volume of air to compensate for the
position of the sun during the day.
Value of Human Life.
Dr. Dublin of the Metropolitan Lie
has been trying to put monetary
value on human life. Naturally, life
insurance companies must stress the
economy of human life, the non-econ-
omy of preventable sickness and the
heavy loss of premature death. 1t is
all down in statistical tables for them.
According to the survey OF DR..
Dublin, 1t costs little more than $40
900 to rear a child to the age of self
support, in family whose income Is
$4,000 a year.
At the self-supporting age. the pres
ent worth of the net future earnings
of the male are calculated at 900. At
the age of 2, it is $4,000. At birth,
the child is supposed to be worth So
1913. and at S, $l4,156.
For some reason the value of fe-
males is set arbitrarily at one-half that
Of males. On this basis. the aggregate
present worth of the future net earn
ing capacity of the American people
is put at 1500 billions of dollars. And
the estimated value of all the material
assets of the United States today is
only 321 billion.
Human life, then, is shown Stats
tically to be worth nearly five times
the material assets.
Public health, therefore. becomes of
first importance, an expenditure OF $3.50
per capita against preventable diseases
would reduce the annual death rate two
points per thousand and increase the
expectation of life from five to seven
Child sickness today costs 80.00o.-
900 annually, while preventable death
totals more han 10 times that.
Yet only s4O,0oo.ooo year is being
spent on child welfare.
Golf Big Business.
Golf has moved into the billion-doi-
lar class. More than that-it Is al
most a two-bilion- dollar business.
There are 1900 golf courses in the
country, of which about 1880 are g.
hole courses and the balance ID holes:
The 9-hole courses are estimated TO
have cost an average OF SIS ;o0O eacn 10
build. This would be s42 ,000,0 600. But
this leaves $500 courses of the 1S-hole
variety to be figured.
II each of these is estimated at
5000 900, It would make total cost OF
s5o4 900, 900. So the two kinds OF
courses together will figure up TO
$546,000,000
It is estimated that about 100000
men and about 100000 women are play
ing the game in the United States.
It has been further estimated that
$50 900 900 is paid in for greens fees
this year, while club dues add about the
same amount. If clothes. clubs. balls,
shoes and cost of private lessons are
added the total of these items would
probably be not far from half billion
dollars.
Just how many men and women
travel from one Winter resort to another
to play golf it is impossible to say, but
the expenses run into many millions.
tCopyright, 1929