Interest which

_r~ shortfiiime and

’ . per cent is a com-
ij‘tor spouted loan-s...~ There is
e variation frOm- \\\\ year to

. g‘e' bormWers. Many cerrespond-
"n s 111 this as Well as other sections

armors. receive the same accommo-
dation‘s as other\claSSes. One banker
in New Jersey observes, however.
not overlook the Tact that the
Warhead . expense in . discounting
farmers’ notes is about double that of
city firms also that very feW farmers
Witl- keep a balance in proportion to
their lilIe of credit.” Some banks pay
3 per dent (occasionally more) en de-
..1:postts. . In New Hampshire loans
,, made at 5 per cent or less, secured
”by real estate mortgages, are exempt
1 from taxation. A similar‘ law has
-,-been_ passed fiecentiy in Vermont.

LAWYERS INCREASE RATE

As one goes sou hward from Mary-
~11and through the Atlantic Coast
States the rate- tends to increase, ex-
’I'cept that in Florida the rate averages
somewhat less than In Georgia. A

“RATES FIRMER IN MICHIGAN

In the North Central States east of"
llli—'

the Mississippi «fryer—Indiana,

.. nors and Micniséin particularly~in-

s.-

’, t’erest rates this. year appear to- be

slightly firmer than Inst yeah,
these States the bquaof the business

is done at 6 per: Cent, with small"

loans made at 7%hd 8 pél cent, and

., well-secured loans oceaslonaliy under
:46 per cent

Rates In Wisconsin aver-
age‘ Iower than in the States sur—
roundipg it, sOm‘e We‘llsecured loans
being under 5 per cent A banker
in Indiana comments: “Banks didnt
use to have to pay any interest on

ideposits, and loaned money at 8 per

cent and discounted at 12 per cent;
but now they are compelled to pay
4 per cent on deposit and loan 95 per
cent of their money at 6 per cent: "
NORTHWESTERN STATES IM-
_ - PROVE.
In the Northwestern States—Min-

‘ nesota, North Dakota and South Da-

‘ ago

ketae—rates are easier than a year
One bank in Minnesota, report-
ing the average interest rate at 8 per
cent, observes that banks there pay

aper cent on time deposits; and an-
other banker, giving the rate of 10 per
cent, writes: “Statistics as above are

‘misleading, without adding the infor-

banker in’ Maryland, who reports the -

interest rate at 6 per cent writes:
Mortgage loans made to farmers are
generally made through lawyers; in
addition to their fees for preparing
the papers,- the lawyers charge 2 per
cent for getting them the money; the
rate of interest in this section sel:
dom changes. "
porting, the interest rate 8 p’ejr cent,
minimum charge $1; writes. "When
the farmers organization comes to
us to assist them in the purchase of
fertilizers, We usually charge them 6
- , .‘per cent, which fertilizer is dis‘trib-
outed j among the farmers.” A North

carolina‘banker, quoting the average

~"rate between 7 and 8 per cent, writes:
“B1 discounting paper for farmers a

irate of 2 par cent ollains here, es

pecially When the time e’xceeds six

months, It the farmer is able to car-
7.1 1"}; a balance sufficient to justify as
, low a rate as 6 per cent he always
‘ “gets a loan at that rate. The 2 pe1
cent- discount makes "his loan cost him

One from Virginia, 1e ~

“33.8 per cent." i ,_ ,

3" VARY WIDELY 1N sourH.

In South Carolina and Georgia the
rates quoted vary more widely than
in the States farther north, the range

11g mostly 8 to 12 per cent. A re

from South Carolina states:
rs usually borrow on pledge
stock and cotton crop to be

’ , and 80 per bent. of such loans
13 ‘ alie In. January and February
’ 113:8. attire in October and November,

the basis of- credit and
In earlier than Septem-

mation that 6 per cent is paid on time
deposits, and that banks parup to 7
per cent for money borrowed.” North
Dakota rates are higher than for any
other Northern State. On-e banker
from this state, reporting 11 per cent
average, writes: “High rates ac
counted for by too heavy borrowings,
same being out of proportion to as-
sets of borroweis. Think rate will
come doWn rapidly and should go to
8 per cent if on proper basis.” , An-
other from North Dakota, quoting 10

~ per cent. ”

-' average about 6% per cent;

~ 6 months),

' average,

per pent Writes: ”Many of our loans

draw 12 per cent, especially loans to

renters. Qur best farmers~that is,
landdwners~can borrow at 8 to 10
And another from the
state, quoting 10 per cent,
“Farm loans secured by real
years

same
writes:
estate mortgages running 5

61/2, highest 7 per cent annual inter-
est; this. rate includes all commis-

' sions-paid by borrower.”

IA c‘orreSpondent from South Da-

-‘ kota, quoting 9-.per cent average, ob-

serves that landowners pay 8 per
cent, renters 10 per cent, 011 personal

notes secured by chattels and unse~

cured. Another from South Dakota
writes: “We have very few loans
running for this length of time (3 to
the greater part being
from year to year, which average,
however, would be about the same.”

NEBRASKA HAS 8 PER CENT
AVERAGE.

A Nebraska correspondent, report-
ing 8 per cent average, states that his
bank pays 4 per cent on deposits, and
another, reporting 9 per cent average,
writes: “Banks in the western part
ol.’ Nebraska are paying 5 per cent on
time deposits; this high rate is
brought about by building and loan
associations offering to pay 6 to 8
per cent on their stock. The banks
011 small short-time loans get 10 per
cent, and on sums of $500 and up-
ward 8 per cent, and to some custom-
ers, who have a fair balance the most
of the year, 6 per cent. 011 the small
loans the currency is usually taken
out, and no balance kept.” Another
Nebraska banker, reporting 7 per cent
writes: “Our landowuiug
class 61' farmers~that is, those that
own their farms—~get a lower rate of
interest; where this (Tl-ass borrow any
amount the rate is 6 per cent." One
bank reports that they make all loans
at 10 per cent, and then have demand
for more.

A Kansas bunker, reporting a mic
of 8 per cent, writes that the bulk of
loans are long—time farm loans at
from 5 to 6 per cent. Another Keir
sas banker, quoting ‘7 per cent, writes:
“We make loans .aguinst crops on
hand to be sold, at 6 per (Tent, 1'11
amounts of $1.000 and up, with privi-
lege of prepayment and interest

(Continued on Page Four)

 

Last Moment Market F IS§he§

 

 

very latest quotations are:

Oats, Standard
Rye ’
- Beans .

. Butter
Poultry.
Broilers

.3 _- Eggs

0‘!Ialopo

" 2 under 40c since that time.‘ ,

 

. niatlon on request

on the semis] commodities from the principal market centers. A

detailed statement covering conditions our predictions and special
The

THE LAST MINUTE before going to press,

\adeice Will be found with each commodity on the following pages.

Wheat, No. 1 White (large mills paying) ...... $11. 09
Wheat, No. 2 Red (large mills paying) ........

Hay (best market-today,- New York), . at. .21. 50
Potatoes (best market today, Pittsburgh), at.

queencnocn-onno-novnoneoconuoooouo-u

ooo‘culuobe-roo-v-n

SPECIAb—On December 2111f, when pctatocls were diaggy at 30c,
thé Pink Sheet advised fighting for 50 Our standard has not been
Would net about 55 today with market wild
May 1911: showed all dealers speculating to hold back. Special infor—

we secure quotations

1.10
.421

2.14

.80
.28

lowest .

 

50¢ PER YEAR (T3138???)

Good Reads Bee Stirs
Western Michigan

Something like the power of Aladdin’ 5
wonderful lamp combined with the might
of 5,000 men and horses is‘to be called.
into play for the construction ofthc
Lake Huron highway from Bay City to
Cheboygan, by way of Alpena and other
intervening cities and towns, ‘for the
road, 263 miles long, is to be built in
a single day. June 9 is to be that won-
derful day, and even now northeastern ‘
Michigan is talking" and planning for the
big event. ,.

Ovor $25,000 has been raised in the
eight countics Comprising the Lake
Huron Good Roads Association, which
11:15 111 lmnd the Work of building the
Hilton shore highway, as it is called.
(‘omicrting 111111 a fairly good road from
Ilziy City to Dcigoit, the llurou shore
highway will furnish :1 direct trunk road
from Detroit to Mackinac, and an in-
flux of motor tourists, which is ex—
pected to grow {is the fame of the high-
way spreads, is looked for from south-
ern Michigan (lllll from other states.

Started in Western Michigan.

It has been lurgcly :1 111:1ttcr of in—
Spli‘élllOll, this plan for thc Huron shore
highway, :md out of the idea which pro-
duced it came :1 number of other Lliiugs,
among them possibly lllc present plan
for :1 slate trunk 11101111 .11 systcm as pro—
\'d« d I01 in the .T\ll5\T.'¢xlcl:1w enacted
ll tluT lust “881011 ol lilic lcgislzlluic.

It all s1 lllttl on 1111: western side of
the st m ulicn llltf‘llllH rs of the. \Vcstcru
Michigan I)C'3VCI()[)lll(llt Bureau and 0th—
0'15 not lochlluTr :1t II Home City last
winter and decided they wanted :1 road
down the sborc of lnkc Michigan to
help open up the western Michigan sum—
mcr resorts to automobile tourists.

Only Three Meetings Held.

(July tl'ircc moi-tings of. the Lake llu—
rou Association bzuc bccu llCl(I, but such
is the personal missionary work done
for the project in various parts of north-
eastern Michigan that the section is tired
with a (lcsirc for the success of the
work. llcsidl-s the money already raised,
llt'ill'ly 4.000 people along" the line of the
road have promised their physical help.
(111 bcc (lay. U111" 3,000 tcums have also
been pledged and more are expected.

A sample of the enthusiasm which
prevails was given in :1 meeting at Bay
City, l\l;1y 0, WllCll lllc Buy county branch
of the Lukc Huron (Rood Roads As-
Suclutlull was formed. lay has an excel—
lent county road system, part of which
forms the county’s section of the Huron
highway, and no mummy will have to be
spmt in llny at all, but residents of the
Luuuh pledged $500010 ill. lluion AS—
sociatiou, to be used on parts of the
road.

State Highway Connuissioucr Rogers
completed :1 trip of inspection over the
Huron highway May 17. He expressed
tbc belief that Ill€ object of the Huron
Association can be accomplished 011 Bee
day. Mr. Rogers went over the road
by automobile, and a half dozen good
roads meetings were held at various
points along the route.

“I have bccn clcctril led by the spirit
I have found 111 northeastcxu Michigan”
said Mr Rogers when he reached Al-
pena. ‘VVith such spirit the people Of
the section can’t help but accomplish
their object on Bee day.” ,

James R. Snody of Anaway is presi¥
dent of' the Lake Huron Good Roads
Association, and John B. Simmons,
sheriff of Alton county, is its secretary.
They, with Henry K Gustin of Alpena,
road commissioner of the asosciation,
are the moving spirits in the plans for

(Continued on Page Four)

 


  

  

  

    
 

  

   
  
 

\

A $200 per

-,~<I'11' the microns 01" Mi
- _ ,erop's to the best advantage-.- .

 
 
 
  
 
 

desirous of markcfina , .88" well

 

Entered as Second Class Matter '11 Detroit

P0“ Ofiige. . .. a

 

This “pink-sheet" 1135 no creed, nor party,

plays no favorites and bowsrits head 'to neither
‘- friend neat; enemy, if
f from the single path which it his laid fer

the

itself to solve thmogreatest
fronts the farmer today.

TablngF that c0151-
PQSING OF HIS CROP FOEATO GREATER

I PROF

The Imarket reports are written directly to
serve the farmers of Michigan, and to asSis't
them in rece1ving at their own local market
the prices which should be theirs. 7:: A , . .

Subscription price. 50 cents a} your.

Detroit, Saturday, May 31,1913

AND YET THEY CLAIM TO
SERVE! ‘

The yellow flood'waters that
laid waste mile after mile
through the fertile river iralleys
of Ohio and Indiana are now
mingling with the- indigo blue of
the Gulf of Mexico. The kahki
suits of the militia are no longer
seen in the streets of Dayton and
the trolley cars are once more
rumbling the men with the din—
ner pails back and forth to work.
The newspapers give a few
stingy lines to a way-laid bitof
news from this scene of calamity
and print with double heads the
latest scandal or turn their col-
unms languidly back to Adrian-
oplc.

The great Ohio flood, which
the eyes of the world watchel
anxiously, has passed, and the
mighty strength of the helping
hand, inadequate as it was, has
been taken away—‘-

—~tl1e great flood has been for-
gotten, save, for the survivor’s
tale to his children or the/crowd—
ed pages of a nation’s history.

It may not be out of place

 

 

 

then, to pause and call the atten—

tion of those who should know,
to the apparent lack of Sympathy
between the great farm press of
this stricken territory and those
whom they claim to serve.

Ohio has more than one great
farm paper, so has Indiana. All
claim the _distinction of long age
and yet of serving better as they

~ grow older!

Can it be. possible that these
great mediums of information
were uninformed as to the con—
ditions-of the hundreds of their
own subscribers who were left
worse than penniless on the
farms that had sold upwards of
acre through

--valleys. '1’

  

 
  

  
 

Could they not have organized ~

great relief. funds—for . expedi—
tion-s, if you please, ndt only from

, their an ample ’funQ, but with-
‘ the aid of their thousands of
{more fortunate Subscribers who.
[131110qu have. been only; foog-Iad to

would swerve it _.

these

 

       

tentaon

 

  
 
 
 

and in fact ‘111 ever ' capitol of the-‘7
[world responded to: thé appeals

of their! new‘spapers for “help"

Over $2000000 was poured 1nmj‘yj" '
the City of Dayton but the.._;'f ,
farmers Were _leffl:_:’.' ,

Without help ' ‘» :5 , — ‘

Publishers and editors of farm "

papers pretty generally, Seem to
have forgotten HOW to do things
in their Week by week, or month
by month monotony of TELL—
ING HOW to do theml—G. ,M.
S. ‘ ' 1

HOW ARE THIN-GS, DOWN

YOUR WAY?

Probably something happened

 
 

      
 

 

    
      
  
    

 

 

Thomas I Tynan, warden of t. ..
rado state prison, Who, has attained na-
tional fame because of his methods of

dealing with convwg, 111' a recent ad-

dress, said:

“The factory system obtaming in 501111}
of the penitentiaries is a fine thing,:a
great thing—for the cdntracto’t‘ and the
grafter and the crooks on the fintside.
They say they are teaching .the donvlcl;
a trade They are lying, and 1112mm.

this past week in your county, . vict knoWs they are lying]. They teach

your neighborhood or. right on
your own farm that‘wouldhave
been interesting to every oft-bet"
reader 01 the f‘pirrkasheet.” ’Per—
haps some question came up re-
garding the operation of your
farm or the spring planning, that
you would have given much to
have had the counsel of other
farmers’ experience 01‘. was it

a grafting canvasser or a“ dis-

honest buyer, of Whose trickery
you would have been glad to
warn thousands of farmers in
this state.

Let’s make the
all it should be!

“pink—sheet”

Let’s make it the mouth—piece

of the real business farmers of
Michigan!

Things are happening all about ..

ou. Problems are comin to
Y , g

stare you in the face and Worry.
Cunning
tricksters are plying their trades

you in the darkness.
in _one county, while their be,-
wildered- victims are wondering

how it happened in the next.

The “pink—sheet” has no friends". ,

to favor nor enemies strong
enough to worry it; therefore, it-
offers to you a direct means of
reaching the ears of ten thousand
of the best farmers in Michigan,
and quickly, too, for your ideas
placed on paper today are being
taken from the mail boxes
every corner of the state before

another Saturday-.- has " rolled
around. ,
GET IN THE HABIT OF

WRITING THE
SHEET.”

   

Tell us how things are, down 1'
What the-y’farmens.

your way!
are do1ng to better

 

\in'

“TINK! ‘ 1- ‘

him only part of a trade; they teach
him how to‘ put a few pieces of: leather
together.
shoe, he ‘couldn’t make a Whole book;
he cant’ do anything except piece work

The contractor likes it, though, because

it’s the cheapest possible labor he can
get. He likes to ham a skillful Worker
in prison; he doesn’t want him to have“
his ‘good time’ taken from his Sentence;
and when the prisoner is discharged he

‘ sets the police after him, so that he “can

come back to jail and "do some work for
the contractor Sometimes we have to
protect the released convict against the
police, more than we have to protect so-
ciety from the man. ,

“We have no factory system in Colo-
rado We put the convict out on the
road and he works eight hours a day.

There is one overseer for every 40 01‘ ‘
The convicts are Workéd on 7

50 men.
trust and honor, and the number 101! run-'-
aways is very small, and nine-tenths of
them are recaptured. It’s a ‘horse sense’
system
would cost more than it would‘ to build
the roads, and the workers would be de-
graded They wouldn’t Work. They’d
be surly and stubborn.
a privilege for the men to be allowed to
work on the roads.
respect:
day, and they do $2 worth of work.
“Prisons with the factbry system are
supposed to be self~shpporting Sonié
of shem are. But we’ _ve earned $100,000
over our expenses in the last year by
our road work
“There 18 real demand in our state for
the work of the ex— convict. He is not
hunted by the police for everything that
happens because we ha taught him
how to work. We have uiltthim up
rather than run him down.
morality and 116110 ”Siyoul must first build

~ the man up phys'i

 

1
DAIRY MEN NEAR FEINT
LQSE FORTY—FIVE COWS:

\ .. _, . .\_‘.'fi

{Forty-five cow

 

  

the

dbé

He coitldnt make a 'whole .

the northern- rootsworm, 90-.

The guards, if we had guards, . "

In Colorado it’s _

, . valued When full groWn a
It gives themself:
Their labor costs 32 cents a‘

To make ‘

, . parks
‘ j tivity, .

x

ho supply}; Flint With milk

   

 
 

 
     
     
 
 
 
    

     

 
 
   

 

 
 
  

 

 
   
 
      
           
     
    

    
    

the tiny ront worms.

slender white grubs a

long when full grown,

111111511511 3 lids

easily and
.LtlrE

whe

   
     
     
 

    
  

 
  
   

   
   
    

     

111g than . ’ 7.
beetles deposit their eggs
tested fields'.1 131..
from such a fieid ,
not planted" in com
the eggs Will beCTe
Corn is practical ..

          
  

        

   
 

         
 
  
  
    
   
   
  
      
  
  
  
    
    
 
  
   
 
  
   
   

be little difficuhy_ in stopp 11$ -_
ages/1 mere c1131: 0%
bring relief; '
of crops ‘is observed; -. t
little trouble» with these 1110

MAKES GOOD MONEY l; _ ,
- 1 Br Ramns,zrroans=.

One of the most unique farm iii
country is being!- conducmd .- 110th
Standish 1n Otsego county. ‘- .

Here the black and

 

 

to $2000,each are: being
3. Chalker.:‘ AM fe

      
   
  
  
    
  
   
  
  
  
 
  
  
 
   
 
  
 
 
 

prices we ' .
_‘SeveraL lit ‘3 of these valuab ~a .
mals Nine of these little foxes We

sold recently for $300 each,- and.
grown black fox at $1, 501‘} T .
are kept in a large encloslise
thing like a chicken park, with ,.
wire fence, eight feet high,- stint ’ ‘
ing it
ground about 953;
undefgth’eu‘

    
 
    
  
  
    
  
   


11:14 Was granted; 3. Judgment of $17
' ' cfirried the case to the supreme

at: the second: time, and the yer-r

the lower court was sustained
{soon as Finkbmder 213d finished
suits, Fieldkamp secur
”straining Ernst from using the
.ieldkamp- got his injunction but
used to aceEpt the verdict and

 

 

ée 'tarth 611 \fav rableitrack to the
f; Pellston IT 1: prbije'ct promises

rene. of great importance to the

_ northern part of western Michi-
country, ’because it is proposed to-

out on this farm the various crops .

Ilia are grown in this latitude that it-
. jibe knoWn top{ a certainty which

3‘ bring more

11—. Already 40 acres of the farm has,

“b if cleared, a large farm house erected;
‘ ' 11 built 11111125 acres is now Eng
01f trees and. bu'shes of the to w»

. Apple crab-apple, pear,

, f-peach quince, cherry, current,

11 erryia- grape, red raspberry, black

" lackb Jerry strawberry « 1

. out 4611 the farm
,ailahle for. the use of present
, ,nd for prospective settlers
T ‘ entire pmposition is being engi-
‘ "1211331111 financed by Jackson & Tin-

arge acre- ‘

‘ ucutaover land in the western

region

 

FOR HOLSTEINS

"third annual Holstein sale of
Well Cansrgnment Sales Gom—
week..- and demon?
”again that .1 ' in nESton county is
iie'ent'er for; the raising of supenor

 

,;.fio $12,700,511 average of

, ' "ch.- These cattle were all
- Livingston Inbumy omen who
mpany Col.

one. and

. th \

 

 

ry- basis and is '1 "

from, which to
o be heated at

spend: his entire time: Q,

l: WhICh will consist 1n carry-

e directions of the commission"

1;.
111; 11151111111101 and investigaton 'of n-
us'fiiseases of animals. Dr Dun-

iph‘y who was formerly state Veterin—

ian seems to have. the endorsement
t- only the entire commission, but

“dive stock men generally through»

 

1'

MT PLEASANT FARM

 

"' , Oil and gas have been struck at well
“No. 1—, help

drilled on the Riley farm,
hear. Mt. Poasant, by W. F. Braun of

Pittsburgh“ Pa, at a depth of 2591 feet.

 

 

d an mimic»

ban the usual ro—'

 

 

 

29130] [

 

 

 

. l1fiflefoiuifupzjis]Mitslisllriishsieoiziinhslzdzsizsfzuzs

H'llllll
U 1 E T

 

. .. Q

 

 

 

 

 

 

 

 

 

 

1.1

 

 

 

 

 

a

 

 

 

 

 

 

"~11

 

 

Y. r

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

.: "Ll" '
as.

 

 

 

 

 

 

31
'-

 

 

 

 

 

 

“ iFfF’i'r-v-

 

 

 

 

 

 

 

, (rial-land higher temperatures.

elsewhere

valleys and southeastern states.

 

In above that etc treble line represents normal precipitation and temperatures. As

fompemtutes and Mipltatian lines rise probabilities will increase for more precipita—

‘ Dates are for Meridian 9.

fireadici' for- west 01' that line and as much later for cast 0
from that meridian which runs north through St. Louis

J1me- Will be. Warmer than usuat along parallel 40 and about normal
About normal rainfall within 200 miles of Burlington, Iowa,
' in northeastern states anieastern1provinces, southern Alabama and mid—

die northweSt Can3da. Dry in sodthwest, including Texas. Dry in Ohio
Severe storms June 3 to 10. Most rain
in central valleys during the weeks centering on June 2 and 29 and in
eastern sections during weeks centering On May 30 and June 7. ,1

Count one to three days
it, in proportion to distance

‘9

 

 

Washington, D. C., May 31 .—-Last bul-
letinr gave forecasts of disturbance to
cross continent May 29 to June 2; warm
wave May 28- to June 1,- cool wave May
30 to Muesli. The week centering on
the day this disturbance passes your
langitude, as it moves eastward, will
average cooler than usual the storm
forces will continue greater than usual
but Will decrease in force after May 31.
Rainfall will be- deficient in the Ohio
jgjalleys.“ Large parts of the oa‘ts Sec:
{ions will. continue to_1va11t-;for_mois-
ture. We have not expected a large
yield of oats this year. - . ,

Next disturbance will reach Pacific

» chest about june 3, cross Pacific slope

b1 close of 4, great central valleys 5 to
7, eastern section 8 Warm wave will
cross Pacific slope about June 3, great
central valleys 5, eastern sections 7. Cool
wave will cress Pacific slope about June
6, great central valleys 8, eastern sec—
tions 10..

Soon. after. this disturbange passes to

the east of the Rocky, Ridge the sterm -

forces Wili “a’r‘gely increase and about the
time it crosses meridian 90; it will b'é a
radical storm,1ncrea51'1g ih force till it
passes out onto the Atlantc. We are

not willing to risk a pos1t1ve statement_

.about the force of this storm, but will

warn al 1115 Watch it andgtak’e 110 chances. 1
«The cycle of great st6rnis culminates
on 1913, _will:' runffhrqughut the year

«f graded with those”
t b ' ourmost dziiigerousi"

One ortwo of these may be expected
in July.

The disturbance to cross continent
Iune‘4 to 8 will cause showers in many
places from coast to coast/:1 few small
sections being benefittcd by heavy rains.
Greatest rainfall and most severe
storms probably between meridian~90
and the Atlantic coast. June wil lprob—
ably be afflicted with only one great
storm period covering from 4 to 10.
Balance of month expected to be rather
quiet.

. , We may know the future only by its

past. This applies to forecasting. In
October, 1912, we predicted injury to
winter wheat by winter killing. Recent
reports of the Secretary of Agriculture
say 1,400,000 acres of winter wheat have
been abandoned, plowed up. Probably
there are as many acres left standing
that will result in an average loss of 50
per cent damage. Later we predicted
drouth in large sections where oats is
produced. Wagner, the big grain man
of Chicago, says oats has been seriously
damaged in sixteen states and he is now
advising the purchase of oats as a good
investment.

As our forecasts for oat sand wheat
seem to have been good, we now ven—
ture to say that prices of al lgrains and
cotton will"go.,highcr before July 1.
This forecast is based on expected crop-
weather conditions. A financial panic
might sendeverything lower, but those
big felloWs who profit by panics will
think it over before they take any
chances on further arousing the public

11 on that question. The people of Europe
1111' .f'and
' being exploited along the panic line. A

North America. are very tired of

fil‘panic this year would bring disaster to
.jtho'se who. manipulate panics and they

to know it. We

.w-

' arri- shrewd enough

.tlncc dz lys'

, raised in 1911,

by apa’nic this year.

.pracncallysmarle arrangements to 1W
" 1n Mason county as a branch With Bud- ; -
ington as heaquuarters. The 'WOIVCY- - .
ine Co. is an organization controlled - 1
«and run by farmers and fruit growers

with a capital of $25,000, whose purpose:
is to supply its members With nursery
stock true to name, modern machinery

~and market their fruit at a minimum

expense with maximum results. .
The Wolverine has been very success-
ful since its organization, paying 80 per "
cent in dividends to its stockholders. ,
About 35 per cent of the leading fruit.
growers and farmers of Mason county
have taken stock in the new company. _,
NEWAYGO MAN WRITES . ‘

ARTICLE OM ALFALFA

A leaflet on the subject of alfalfa
growing in western Michigan has been
publi hcd by the V'Vcstcrn Michigan De—
vclo mc'nt bureau of Traverse City and
can be bad on request. The leaflet is
by Joseph Gerber, who is planning a
alfalfa (amp 111111, traveling
over the county with illzrlfa speakers to
see that the qucsfions of those desiring
to grow alfalfa IllC intelligently an-
swcrcd.

 

NEW/1 YGO FARMERS

ARI? OI’TIMISTIC‘

 

In spite of the disagreeable weather
with which the farmers of Newaygo
have had to contmd, it is estimated that
spring work is further advanced this
season than for many years, but help
is scarce.

Those interested in fruit growing are
jubilant over the outlook for a bumper
crop of cherries, peaches and apples,
more especially the early apples. Wheat
is looking good.

 

ST. CLAIR COUNTY 7‘0
'Hzllflf ALF/[Ifbl CAMPAIGN

 

St. Clair county is one of the few of
Michigan which is to be favored with
:1 visit by experts of the agricultural
extension department this year. Ten
men will invade the county June 23, and
for five days will devote their entire
time to a campaign for mgreatcr pro—
duction of alfalfa. The campaign is to
be launched by a banquet by the Port
Huron Business Men’s Association to all
ruralists of the county.

 

OWOSS‘O EXPECT?
BIG BEET CROP

 

The Owosso Sugar Company reports
that the outlook for :1 big crop this year-1
is very bright. Over 9000 acres have
already been planted to boots, and most
of them are up above the ground. The
agricultural department is advanced in
its work 30 days farther than it was
last year at this time.

 

RUNS SUIT AGAINST
BEET SUGAR COMPANY

 

The Mt. Clemens Sugar Company
must pay Frank Perry, :1 Greenbush
township farmer, $166.58 for beets be
according to a decision
in circuit court. Perry claimed the
company refused his beets and they
spOilcd, causing him loss for which he
was in no way responsible

 

VETCH AND AIFAIFA
IN NORTH MICHIGAN.

 

The St. Helens Development com-
pany is- having remarkable success with
alfalfa and winter and spring crops of
vetch near. Roscommon. Alfalfa planted
last fall 15 now to a height of ten inches
and is strong and hardy. Last fall 200
acres of winter vetCh was planted with

'Winter rye and this spring 400 acres -
of spring vetch was mixed with oats. . .

 


     
 
      
 
    

    
  

     
  
  
 
 
 
     
  
 
  

  
  

  

  

.l

   

-, agricultural
"has become exceedingly popular with
‘both‘ students and faculty alike and
~-has developed his department \into one
merchants

 

PAID- FORT‘Y PER CENT

 

rdustry of the United States practically
had its begining and where three fac-
tories turn out thousands of tons of beet

‘ - sugar per year, that part of— the public
Which pays attention to the tariff’dis—I

cussions is divided into two camps—one
consisting- of these who have a direct 1n-
terest in the manufacture of beet sugar
and the other those people who know
what the first “cam

lugubrious predictions of the beet sugar
stockholders who declare that free sugar
will utterly ruin them.

These same stockholders made the
same declarations when the United
States gave Cuban sugar a slight tarifi‘
advantage over that manufactured in
other countries and again when Philip—
pine sugar was demanding free entry
into this country.

\ few years ago tales of the immense
profits in the sugar busincs were fre—
quent. Recently,however, and especially
since the big eastern sugar interests i11-
vcsted in Michigan sugar factories, mum
has been the word and little has been
made public about the fat dividends
which were declared.

Figures as to Profits.

The most interesting facts regarding
bet-t sugar mill profits came out here in
what is known as the liialy divorce case,
in “hich the \1ite of 11’. C. bialy, a large
sl1)Cl<llt)l(lCl in the \Vest Bay City Sugar
Company and in SCV‘tllll western sugar
(onipanies, sued for a divmce and was
granted the largest amount of alimony
ever awarded in a Michigan court. Testi—
mony was being taken to show the ex—
tent ol liialy s Wt ea l.th and S. 0. Fisher,
pI‘CSltltllt of the \Vest 3:1y City Sugar
Company, 11 as put on the stand.

lhc rtcord of Mr. l‘ishcr’s testimony
shows in brief that the \Vest Bay City
Sugar Company was organized in 1901
with a capital of $200,000. In six years
it had earned enough to pay off half
a million of additional indebtedness in—
curred in building a plant which was a
failure and in rebuilding that plant af—
ter the first year’s campaign and at the
end of the sixth year it was able to de-
clare a 30 per cent dividend. The very
next year it declared a 40 per cent divi-
dend and out of the surplus profits

. erected a pulp dryer costing $75,000.

Plant Is Small One.

The \Vcst Bay City Sugar Company
has the smallest output of any Michigan
plant. According to Mr. Fisher’s testi-
mony, its daily average cut of beets
during a campaign is (100 tons. It is an
i111‘l1‘pcn1lc1lt company, its stock being
owned by a very few people.

Of the other two factories here one is
owned by the Michigan Sugar Company,
a biauch of the sugar trust and the
othti is owned by the German- Ameri-
can Sugar (onipan), which also owns a
plant at Paulding Ohio Both of these
other local plants have moie than double
the capacity of the west Bay City com-
pany.

 

AGIi’ICULTUNA]. COLLEGE
[.OSES POPULAR MAN.

\Valter H. French, of the Michigan
Agricultural collcg,e may resign his
connettion with the college to accept
a position as president of the New
Mexico College of Agriculture
Mechanical Arts.

Should Prof. French decide to ac—
cept the offer, M. A. C. will lose one
of her biggest men. Since entering
the college in 1908 as professor of
education, Prof French

 

at the most important at M.

In Bay City, where the beet sugar in-, age of '6 86 pet cent in

,1 11. 58 in the new. and d

. hasmade out of the .
beet sugar busmess, and laugh at the-

' money at 8 per cent”

and ‘

  

state of Kentucky t9

of Oklahoma. In .Keri- lily " "
fairly Stablé, the predominant
g“ 8 per cent for small leads an

6 per cent for larger loans; some
differentiate at about $109,:
others at $500.11. mest of the. cot-vi ’

banks

ton- growing sections or the South

, loans are usually made for 6 to 12f
months. A banker in Alabama writes: “J
“Banks in this section of the country

make loans in small amounts, say
from $30 to $100 or $200, to tenant
farmers who own only one cir two
mules, a wagon and a cow, and who

depend entirely upon a good crop to’
this class of ..

.pay them Out of debt;
farmers usually pay about 1 per cent
per month for their loans; but farm—
ers who OWn their farms can get

bama banker, reporting 12 per ‘cent
rate, says: “Some good farmer'swho
own lands otgood value get money
at 8 per cent per annum; however, 12
per cent is the usual rate.” .

LEGAL RATE REDUCED.

In Mississippi, the legal rate up'to
January\ 1, 1913, was 10 per cent;
now’the legal rate is 8 ‘per cent; this

accounts for the decline in the aver- ‘

age from 9.54 last year to 8.26 this
year. The average. rate for Okla-
homa, 11.58 per cent, is higher than
that of any other state; it is based
upon 40 returns, as folloWs: One .at
8 per cent, 24 at ~10 per cent, two at
l1 per cent, five at 12 per cent, five
at. 15 per cent, one at 18 per cent,
and two at 20 per cent. 3

HIGH RATES 1N WEST.

In the far Western States highest
rates of interest, on the average, pre-
vail, ranging from 7.44 per cent aver-
age in California to 10.57 per cent
average in New Mexico. “ A bank from
Montana, quoting 10 per cent, writes:
“Loans are made to farmers here for
from 3 to 5 years at ,10 per cent. The
paper is then sold in the East at 6
per cent. This is all eastern money
or from the Middle States; We have
no loans here less than 10 per cent
except on very few occasions.” Simi-
larly, a bank in Colorado, quoting 10
per cent. average, writes: “Some 3
and 5-year loans are now being made
by eastern capital at 10 per cent per
annum payable semi—annually.” Some
Colorado reports, giving 8 per cent
average, report farm mortgage loans
at 6 to 7 per cent; and others, giving
the average rate at 10 per cent, re-
port real estate loans at 8 per eent.
One report from Colorado 'states the
“farmers usually make loans either
6 or 12 months; usually the interest
is payable semi-annually.” A cones-
nondent from Arizona w1ites: "As
farmers in this section use all Of their
funds to improve 1aw lands, money
to loan is scarce, making interest
rates high.” Another from Arizona
states that “3 to 6 months’ loans are
unusual to farmers hereaboutstthey.

,iisually borrow for an indefinite time,
'either stated or understood; at 8 to

10 per cent.” .

A banker‘ from Nevada writes:
“Large corporations operating ranches
(farms) secure money at 8 per cent

and also borrow in the east at 6 per.

cent; but small ranchers pay 12 per
cent and loans are generally for long
periods.” .AnOthey from Neva-la, re-
porting 8 per cent average, states
that some large, farm loans, secured
by mortgage,
about 61/6 per cent, interest payable
half-yearly

A banker from Idaho. quoting 10
per cent average, writes:
rates to farmers are the some as to

reporting 10 per I..c'e

Another A13»,

‘3‘ to ’5 years, average

“Our loan‘

toe ~.mén 11 fact we“;

  

  
 

has been the current rate ,
years,.th,e demand. exceeded.
my (if méuey at

rate holds about th“I

marks. “.WOuld as
farmers nofe as a In

cent ” In CalifOriiia and Oregon as;
teres't rates are slightly‘ lirmei- than
a year ago.

The comments and quotations given

her as being representative of con-‘I .
ditions in the different parts of the

United States. ..

AIDS IN STOPPING
/ EXODUS TO CfiNADA.

 

 

The fourth annual meeting of the
Western Michigan Development bureau
Was held at Traverse City and direc—
tors elected "

During the four years of the lifé of
the bureau it has collected $55, 226.,16
and has now in the treasury $2,975.05
Seventy— five thousand booklets were
given out during last year and the
ekodus to Canada from this section
practically stopped.

This is the first development bureau
ever organized in the United States,
and it has done Wonders for this region
Land values have increased 50 per cent
on account of it and owners of land
receive much greater returns fortheir
produce

The attention of the bureau will be
directed toward proper packing, insti-
tuting cold storages, care of the waste
and increased sowing of alfalfa during
the coming year

TIIIt’NING BUTTERMILK .. .
~ INTO MONEY.

 

 

A creamery in Iowaifed 308 hogs on
corn and pasture and re-‘

buttermilk,
ports an average profit 011' $5.38 a hog.

A, Kansas creamery reports feeding
78 hogs on buttermilk and corn, with
an average profit of $2.19.

In Oklahoma one creamery fed but~
terniilk and shorts to 170 hogs and re—
ports a net profit of $7.32 a head.

A Pennsylvania creamery reports
feeding buttermilk, middlings and
shorts, to 30 hogs, with an average

profit of $6.60 a head.

A 'Washington creamery fed 69 hogs
011 buttermilk, shorts and bran, with a
profit of $5 26 a head.

The above amounts include the cost
of labor in caring for the hogs and
the value of the buttermilk fed for the
season.

What are you ge ting for your but- .

termilk. ?

FORTY—FOUR POUNDS OF
BUTTER IN SEVEN DA Y5.

 

 

Spring Farm Pontiac Lass is now

producing a little over 44 pounds of’

form quite a .feature of this- cow’s
dinner. ‘
What does Spring Farm Pontiac

Lass get to eat while producing this

large quantity of butter fat is a ques-1

tion that many are asking

Briefly
here’s her bill of. fare, bran,

hominy,

oil meal and ground oats are used 1n . , ‘
HIer burner '

addition to the roughage.
has recently renewed his faith in'
ground oats and they will henceforth

much more necessary than capital in '
kin d.

a venture of ht ifs}

 

. for Bee day

' pledge sheets? and they have signed

money; set

Road Comm1sS1oner Gusti 1
man along the route of the «road 11
been approached with one of the

"almost to a man. ..
The placing of the Huron highway

in conditicm for automobile traffic this .
year does not necessitate the: bmldmgf
of an entirely new road It’s just a‘
monstrous 56b of repair work: .- ‘ ’;

Many sections of the read are pagts:
of couhty road system of counties
For in- ‘~
stance, the road runs for about 40 miles

 

through which the road passes.

through Alpena county and only five

- or six miles of new road will be built.-

The balance of the route. is over the

' county road system, perhaps the finest

in this section of the state.

Bee day will simply establish connect-
ing links between sections o'froad which
are always in god condition. But it
was the absence. of the connecting links
which made an automobile trip from
Detroit to Mackinac a practical impossi-
bility informer years. The sand plains

of parts of Kienac, Aleona and losco.

con s constituted an almost insur-
mountable obst‘acle, except for an e11-
durance test run. . ,

 

THE RURAL SCHOOL I _
AND THE MOVING PICTURE

 

There are four purposes .to which
every school house might be put for the
benefit ofi the people afternoons and
evenings. Music, entertainment, read—
mg and dancing. Before this can be
done we shall have to grasp the idea
that it is our duty to look after amuse-
ments as a means of culture and as a
.function of self— —gover‘riment, and to
realize that amusements have 7a great
deal to do with the morale of the
people.

One thing we mighbdo isrto provide
a moving picture machine in eaCh
school house. Nothing ever deyised
can be made to cembine so satisfac—

torily amusement with instruction aS-

:Why can‘t .

the moving picture Show.
the people take advantage of it?

-The school house 15 ‘the one Iinsititu--'

tion where the people re

selyes as a unit bound togI . ;,.
sect, class or )tgeed' but Sim y
supreme Ifac'tI at they: ar’ ca

beings.

.w. {Kilri'rcw 1-1;

 

    

  
 
    

   
            
   
 
 
 
  
 
    
  
 
 
 
 
    
   
    
    
    
   
   
  
      
 
       
 
     
     

 

 

     


 

 

   

 

 

 

 

  
 
 

 

 

 
 

  
 
  
 
  

   
  
  

    

M'prices
whet veiiy

 

 
  

mill tag, a a chance.

 

g to pay yOu.
t0 ”demand and can generally get.

M>El

_ No. 2\_——-Market clearing up and better prices
0.? quiet:

piofit at ruling prices.
p B~Better keep in port.

Moat market reports give you
We give you the prices

has every appefiranee of being over-
It you can no! this is an "eleventh

Storm on. Prices may go

A .is not what is- wanted. We .have

 

 

 

  
  
 
   
 
  

 

   
 
 
 

 
 

 

yeelmg during the

 

   

 

~ w yt or as‘ been any change
and if a change, what the same means
0, the future possibilities of the com~
modity before us. The trade seems to
{feel that we are going to experience
Ilower prices on hay during June than
c are experiencing at the moment.
hey are well aware of the enormous
,arnount of hay still back in farmers’
hands Jor disposition. They are aware
along with us of the percentage of this
[given amount of hay back, being of
high Quality. The buyer naturally fig-

 

 

 

 

 

 

 
 
 

 

 

 
 

 

 

 
   

Common qualities of hay back, that it."
-~ Will be something of an imposSibility
for No. 1, hay and close cou-nterfeits
to advance to speak of. We have been.
.. experiencing an advance in the market.
-: on these top qualities of bay for the,
{5.2 _ last two (at three weeks or during seed—
ing time. The receiver figures that you,
as producers, are figuring on letting this ,
. hay go forward about June therefore,
. ;, 2 with the amount of advance you have,
I; __ established in— April and May, they fig—
‘ 137’ ure that when you commence to make‘
disposition in June, that the market sit—
uation must show its effect in the way
I “~ of a decline.
:I This is the natural reasoning 6f the
5,» .man who is buying your. hay at the
,' other end of the line. You. are Selling
_hay and trying in every way possible
to :dope out the assets to the situation
.1 ‘3] from a selling standpoint, and the re-
l . teiver at the other end IS trying to dope
A out thé assets favoring him from a buy-
ing standpoint There is absolutely no
question about the impossibility of these
1.7,: common “51:1 ualities of hay ever being able
:’to raise t eir heads. 'We have not ex-I
perienced one moment during the time
.Which No.1 hay has been advancing
and’ showing a mandioapped position on
the market, when this low grade stuff
- Would draw any particular premium or
attention, therefore, the natural course
vi,» ”Of aetion through which we have passed
' has/ absolutely demonstrated the above
, to be the true situation which we have
' = .not only gone through but which we
_ .3.“ must continue to go” through There is
V " absolutely no hope for any qualities of
~ )1ay far below No.1. No 1 hay and
Unhay of close proximity as to grade are
going to be looked on with favor con-
. stantly. They~ naturally have an asset
"fwith them as bearing on the general
M'situation »and possibilities. Whether
. you maintain the standard of levels we
" .. ‘_are experiencing today or whether you
'L’ause these conditions to be bettered is
entirely in your hands as disposers. It
. absolutely up to you as to the man-
er of dispositmn you make as to
w ether conditions will be improved or
, oposife. With proper regulation of
he balance of this high class hay, you
can absolutely 3draw. a premium over
t f you dump this
'IJune\as' these.
on will there is.- little

 
 
 
 
  
 
 
  
   

   

 

" rt: axil'rc' :‘o- .1;

 

 

      

 

 
 
 

  

  
  

  

   
  

 

’ mined something
‘ <1 Timoth1‘ in the different freight zones.

. .7 .dittons.

'a premium therefor.
~ments do not have any definite selliIig

ures that with the enormous amount of, ‘_

'HAY-MIQHIGAN ZONE
LP‘R: ens .

   

 
 

.2 tie N0. 1 Michigan... $11.10
2“ ZoneNar ZjMichigan..g‘........... 12.70
—. one No. Michigan” .4. ..... 13.50
. 'one =1Michigan...;.': ..... 13.30
,Zone’f- Noe-15 Michigan. 12.90
'Zone No. 6 Michigan...........‘...13.30
Zone No. 7 Michigan...............14.95

NOTE——The prices quoted are. for No.

'This gives you the price dealers should be

able to pay for this commodity f. o. b.
their station, under-X existing market con-
Handling charge not included.

 

 

 

DETROITw-Detrmt continues to ex—

..perience the same kind of a market as

was given to you in our. last weeks is—

sue. The trade 18 Constantly lOOking {01

high class shipments and ready to pay
Low grade sh1)—

value whatever, everything is in Ahc

buyer’s favor- on any of these classes.

 

 

 

\.

good market for the better class, with
the poorer class loosing in favor.

 

.2 HAY—BosTON MARKET.
Large Small
_ bales bales.
Hay, choice ............... $21.50 $20.50
Hay, No. I ............... 19.00 20.00
Hay, No. 2 ............... 17.00 17.00
Hay, No. 3 ............... 14.00 14.00
Hay, clover ............... 15.00 15.00
Hay, clover mixed ......... 15.00 15.00
ay, stock ................ 13.00 13.00
Long rye straw ............. 22.00
Tangled rye straw ......... 12.00 12.00
'Oat straw ................ 11.00 11.00
NOTE—Large bales Weigh from 200‘ to
250 'pounds; medium bales from 80 to 150
pounds.

 

 

 

NJCVV YORK-TlIC New York mar—
kct owing to an increase. in I'cccipts has
been iorccd to show just a little easier
fooling all along the line. While it is
true that grades of buy bclow top qual-
ities bane Izot bccu lookcd upon with
any p IItIIulaI lzuor, still llltV cxpcri—
cnccd 21 sympathetic :Id v2mcc along with

 

 

 

 

CHICAGOTArrivals for the first of
the week showed some little increase;
buyers being inclined to hold off. The
latter part of the week shows light re—
ceipts with a good tone to the situation.
A heavier arrival of No. 2 and lowcr
grades was in e 'dcnce; feeling much

 

easIer; top qualI es firm'at quotations.
HAY—CHICAGO MARKET.
Choice Timothy ................... $17.00
No.1 Timothy . . . ................ 16. 00 .
No. 2 Timothy '.. . ................ 14. 00
Light Clover Mixed ................ 13.00
No. 2 Mixed hay ................ . 10.00
No. '3 Timothy ................... 10.00
Clover ................. . ........ 10.00
Threshed Tmothy ......... . . 8.00
Marsh fee 11g hay." ................. 7.00
Packing ........ . ..... ' ..... .. . . . 6.00
Rye .,.' “I. . . ....................... 8.00
Data . . .‘ ..... . .................... 7.00
Wheat ...... . ...... . ...... . .. 5.50

 

 

 

BOSTON—~Recefptsf _. past.

fir the ‘
:week show 145 carikof b y and 7 cars _,

of straw, 3. cars of this billed for ex:
poi‘t. The c0rreSpohding week last year
247 cars of hay and 11 cars of straw,

‘With 59 cars of hay used for export.

The" Boston representative reports a

 

 

 

NOHA¥f13hETROIT MARKET- an} paiticular lnxor still tlIcv cxpmi~
No: ,2 £33m?” :;:,','_'_'_'_'_'_'_'.':_' Egg cuccd a snnpathctic adumu along} with
No. 3 Tlmdthy.. ............... 9.00 the Icst. We think this lllilllx'kl is quot—
fightlml’sedd ----- IIIIII « ----- -\«-~ 112-20 able at about 50c uudcr 121st week. It Is
No.2 frifidzxi:-::::::,‘::‘_','::::Z: 19:08 all up to the arrivals us to IlIc fulurc
.Rye Straw ............ i" .......... 9.00 situation.
Wheat and Cat Straw .............. 8.50
. _.. RK A KET.
PITTSBURGH—Receipts contmue HAY NEW YO N: I} S 11
extremely light. The. demand ior the Tifigmyiay' 1,35: 1,2ng
bettér class is good, readily absorbs all Choice. pcrton.pcrton.
arrivals at top figures. The market for N0, 1 ,,,,,,,,,,,,,,,,,,,, $22.00 $21.00
good qualities looking brighter; slight No. 2 .................... $.38 i328
. ' ’ - No.3 .................... _.
derrcliand for gOQfi ClOVCI‘ hay’ 10W“ Light Clover mixed ........ 18.00 17.00
gra ‘35 are as du_ 35 any tIme during No I Clover mixed ........ I700 16.00
the season. This market looks for No.1 Clover ............. 16.00 15.00
heavier receipts, . No. 2 Clover mixed ....... 13.50 13.50
‘~ ' .. 7’ . Straw——
‘ , ' No. I‘Rye ................ 17.00
HAY—PITTSBURGH MARKET. No. 2 Rye ................ 16.00
- . No. 1 Cat ...... . ......... 11.00 11.00
I1:110. 1 Timothy hay ............... $15.25 No. 1 Wheat .............. 11.50
us: 3 $33833 lit....:::::::::::: 3:88 NOTfiflIarMale-i We.“ “03?. “”03
No. 1 Light mixed hay .......... 13 00 250 pounds; medium 1ales rom to
LNo. l. Clover mixed hay.........:: 13:00 pounds.
No. l Clover Ihay .............. 12 00
Fine Prairie Packing Hay .......... 1000
No.1 Oat. straw .................. 9.00
No.1 Rye straw ................. 11.00
No. I Wheat straw ............... 9.00 POTATOES

 

 

 

\ TlIc wrilci‘ of this :II‘ticlc and thc
subscuucut articles in the ”Pink
Sheet” siucc its iuccptiou, czmIIot

hclp but lccl highly clulcd ovcr llic out—

comc of this couuumliiy. \l'c have ccr~
tuiuly expcricuccd ouc very conserva—
tivc season this _chu'. It has bccn 21 sca—
sou of constant iIIIlcliuitc situations
coIIIIoIItiI1<r us; :I srasou which 11: 15 been
the baidcst to dopc out IllOllf" the lines
of future possibilities that the w1ilcx
has cxpcricuctd in .I long tiuu. with the
produce game. Not only have l tested
to the cxtrcuu- iII doping out :I possi—
bility which IOokcd to be C(IllSCl‘VI’llll'C,
but I have gone to those with whom l
have bccn associated for yours at rc—
cciving centers and back to the potato
field with those who have bccu growing
potatoes in a large way and for 21 long
time and out of this triangular. result
have come to you through the ”Pink

Sheet” with a concrete example and

with a concrete result, which has

worked out to have been a proper solu-
tion of the game before us. \Vc do not
wish to be sensational WIiteIs in the

.“Pink Sheet” but we do wish to come

'to_,;0ur;readers ,withfljsomething that is

.7 , ' \

to set stakes and tried to show you
we were driving them at” a given pom.
The potato game has showed you that. :'
we have had a perfect right, based On...
conditions, to set our stake on potatOes
at 40c. Potatoes have gone way beyond
40c because of additional assets Coming

  

into the situation which no man could I -,

have foreseen prior to. their happening;
but, we would have experienced 40c
potatoes to the producer regardless of
the asset which is no other than a short-
age of early stuff. A normal crop of
early potatoes, based on the conditions
geneially would have shown you a 400
market Just as we predicted, the mar—
ket has gone way beyond and in a mad-
dcned condition simply because these
added assets 111110 come in to help and
force it

lllt", baltlc‘is practically over. We
have won. We would lay down our,
su‘ord, which menus disposc of your [)0-
tzitocs. We should watch the regulator.
If it commcuccs to slip back,‘ hold up
on your disposilioII,-——but get rid Of
your potatoes. l.ct llIcm slip along as
fast as you mu and maintain the prcs~
cut umrkct standard. You must appre—
itc that tho scnwu is getting to a point
lIcI'c Ibcy must go, getting to a point
\\‘ll(‘l'(f (lcpl'ccizllion is liablc to come. in
and Mimi you III:Itcri:Illy; therefore. we
l)(“"ll(\t “I b: I\c :I ll“lll to close the bat—
tlc lll' ll III Iccl wc lllV(‘ alIcady won in
HM“ ill)()\( quumr

 

POTATOES—MICHIGAN ZONE

PRICES.
Zone No, 2 Michigan ......... an ...... $ .60
Zone No, 4 Michigan ................ .62
Zone No. 5 Michigan ................ .60
Zone No. 6 Michigan ................ .62
Zone No. 7 Michivau ................ .62

The pIiccs shown are what potatoes will
not shippei in the difieIent zones. This
will enable you to compare with local
dealer's price and determine what action
you will take as to disposition.

 

 

 

l)lC'l‘lU)l'l‘m'l‘lic l)(‘ll'()ll lllf-ll‘lCCl has
liuully couIc out of its long sleep and.
:Ipp‘I‘I-cizucs :Ipparcully tlIc situation be—

lIIH‘ 111cm, Tbcy Ill‘t‘, trailingT along bc—
lIiIIIl t,‘\'('l‘}.' ollIcI‘ 111:11‘kcl but SllOWll‘Ig‘
:I I‘t'le iuth‘I-si in tho sIlIIatII,III. The

four to 1110 situation is may bright. This
umrkcl will lmxc to advance in line With
ollicrs oI' llicy \‘.'lll not get the stuff.

 

POTATOES—DETROIT MAR-

KET.
Bulk from ca". per bu .............. $ .60
*Sacked from car, per bu ............ .65

*Sacks must be even weight. 150 lbs. .
Price quoted includes cost of sack, about
lOl/zc each.

 

(“INNNN.v\'l‘l-w-lx'cccipls were just a
little lllUl‘c' libcral during the last week.
'l‘lIc gcucerl {one lo the market was
stczidy (It. quotations.

 

POTATOES—CINCINNATI

MARKET.
Bulk from car, per bu ........ $ .70@$ .75
*Sacked from car, per bu ...... .75@ .80
*Sacks must be even weivht 150 lbs.

Price quoted includes cost of sack. about
Iol/Zc each.

 

 

l”’l'l“7l‘Sl’IUl\’.(ili There has been
soIIIctlIiIIg doing on the Pittsburgh mar—
ket every minute during ilIe~lust wcck. ,
\Vc ncvcr experienced :1 time when as
many tclcgrams and calls for potatoes
came. from this IIIaI'kct. At a fever
boat and maddcucd point: was the situa‘
tion constantly; speculation was in evi—
dence. on every hand. W'c think pos—
sibly the market at 80c. will show a
tightening up. We are a little afraid:
that to get aboxe this point conditions
will have to be changed

 

POTATOES—PITTSBURGH

MARKET. _.
Bulk from car, per bu ........ S .75 $ .78

 

Sacked from car, per bu ...... .75 .80 ,

 

 
  
 

 

 

  
 

 
     
 
 
   
    
 
      


 
  
  
 

 
  

'3 01-1
éheavyl orth'gh k "
1111113011: general result they woial for,
We fisel very conservative .alo '

510111121133 of wheat.

WHEAT—DETROIT MARKE'r.
No. 1 Wheat ;..........,........8109 ‘
No. 2Red 1.10
' Speculative Prices.

July delivery
*May delivery

 

......

col'ooc-enoo-uIccbe'

.92'3/4
e" *The prices giVen for December and
May delivery represent the future delivery
prince. This

figured by those who speculate on future
prospects.

 

lines of bearish news on the future pas»: ' PO ‘
We believe wheat... are gomg ICF' éi‘iPef 11,- rib-63%

information merely gives, '
you the future basis of this commodity as ' '

 

 

has set a popular price around $1. 05 to'

‘$1. 10 a bushel. Something more than
Ordinary will have to happen to make
a change in this standard. On basis of
food stufi‘s in general wheat at this
price is popular. No One naturally
wants to make a decline in this stand~
ard, because there is more money in
wheat at this price than at a lower one.

 

WHEAT—CHICAGO MARKET.
Nov. Red ........................ 51.07%
Speculative Prices.

*July delivery .................... .911/2
Sept. delivery .................... 30%

*The price given for July and May de-
livery represent the future delivery prices.
This information merely gives you the
future basis of this commodity as figuied
by those who speculate on future pros~

BEANS

 

 

 

 

 

You :11c. well aware that when

I Jbeans come back from $1.80 to
~~ $2.]5 haxing made a rise of 35c
per bu, that conditions must have been
most favorable 01 this advance and com—
ing back into the lime light could not
have been possil lc. If these beans could
come back from $1.80 to $215 they
must have gone on to a good cle in cut
conscrxathc basis at $2.15 when they
arrived If this is true then we ought
to have no trouble uhatsocver in main—
taining the situation which today con-
fronts us. As the writer of this article
_, and previous article, I would not be
satisfied to allow the balance of these
beans to go on the market even at a $2.15
basis, because the situation absolutely
warrants our being able to put this
standard up as high as $2.40 per bushel.
There is absolutely no question aboutit.
We have demonstrated to you in a

concrete example that statistics and ad—.

vice from an interestate nature shows
not over 15 per cent of beans back and
33% per cent of the season'on which
to place them. You cannot get around
that dope' and it means something to
the future possibilities of these beans,
and you, as a reader of this article,
should consider it and consider it well.
We demonstrated to you last week that
on the basis of 15 per cent beans back
and the farmers of the state of Michi—
gan following the advice of this “Pink
Sheet” were accordingly saved 35c per
bushel on one million bushels of beans
for $350,000.00. \Ne do not know, never
will know, how many of our readers
stuck by us. It is something of a test
to put you to and we appreciate it, but,
at thesame time, you must work your—
selves around to a point where you can
study the situation, dope out the possi—
bilities and then stand firm on the foun-
-dation which those conditions seem to
- make for you. You cannot be waivered
1 by the dope your local fellows hand out
1, to you, because you know why they will
hand it to you, know that it is for their
benefit instead of yours. That in itself

..2’ is One reaSOn why you have got to {91'7"

glow just the opposite.

each. week. .

  
 

Along with .the aSes‘rted action 11101."

   
        
  

  
  

e .
accomplish it: They do k
you know what they know and i d
to 'stop it, they contrive ..a p‘lan to get
The resultshov'v's that .h ' ’

 

 

got the or stopped you getting the same"

good Tleamcuhadv1ce concerning tth
diSPOsition of your beans.

 

BEANS—DETRO}T MARKET

‘ " The above values represent what deal-
ers are obtaining for beans; f. o. b. your
station. in zones shown.‘

 

 

 

 

 

Oats have pricked up their ears
Dtlllllllg the past week, opened up

their eyes and looked over the
situation; a review of which demon-
strated their power to'advance them—
selves about 2c per bushel.
it on with the same grace that they
have demonstrated from the inCeption
of the season. w

White, handlpicked basis” '-.32. 14
Red Kidney ....... -....l ..... 225
MICHIGAN ZONE PRICES.‘
Zone No. 2 Michigan .............. 2.1.l\_
Zone No. 3 fiichigan... . . . . -.- ...... 2 12‘
Zone No. ichigan .............. 2.14‘ '

0111 ,

They took _

' continue to be

09' .1,
2. on their present level is by' 171 me o”f
This is on baSiS 1,:
of hand-picked beans. , . . 15

 

 

 

 

 

   
 
  
 
      
  
  
    
   
  
  
 
  
 

to us out 61’ line 1mm p

 

taking a'dvantake‘“ of the heavy run "of-
May and June stock. 'You. can freadily

, appreciate thatihe great amount of but-
' ter which is being produced at the press

i

cut time will _net the receivers more

money by virtue of a declining price',

causing the amount of butter in store
going in at a lower price than by virtue

of holding the price up and making an
business_r_

immediate profit on immediate
The peeple that can buy this stauff, a:

greater percentage ofvv'vhich is going in— ‘
to storage, the greater will be their ulti-.

mate revenue.

’sale' of. ~

. operation shews. that cattle“

 

BUTTER—GENERAL MARK-ET
Creamery No; 1 pet '10., '.. ...-4:. .3

Fancy Dairy, per 111...; ..... .;..__.'. .27

 

OATS—DETROIT MARKET.
Standard

 

 

 

ClNClNNATI—Here was a falling
off 1n receipts all around; dealers were
short of supplies. This results in in-

creased values, The oat situation looked.

better from a general standpoint.

 

OATS-CINCINNATI MARKET ,
SNtandard .......................... $ .42
o. 3 White ......... 3 ....... 1., .41
N0. 4 White ...................... .39
No 2 Mixed ...................... .40
No 3 Mixed ...................... .39

 

 

 

PITTSBURGH—Receipts have shown
some increase on the Pittsburgh mar—
ket but the demand seems strong. The
market has advanced in sympathy with
outside conditions more than on the
local situation, as would naturally be
expected. ‘ - ‘

OATS—PITTSBURG‘ MARKET.

Standard ........................ $ 4.21/
No, 3 White

No. 2 White .40
NE 2 Mixed
No. 3 Mixed

 

......n.--...-aa..‘-e

....................

"0.0111 s?-

We continue to "raise Flag No. l"

 

 

 

 

 

 

 

 

 

on clover seed because the situa»

_ tion is just about what we should
expect at this time. You willappre~
ciate that the seed season is over or
practically so The situation from now

c -
on will be based on next season’ 5 anti i 'most healthy nature.

pations.

A Tip' to School Teachers. ,
"I am receiving fam- 110.9311: 0 K .
They are distributed upon desk: of .

ire-hook children (agnmltaraI. class) .
We hm maniac? report."i

Igzrsm ffn6311 them... Gar'taon: hie
, especially mummy; ——-Bemard Gog
gen, Atkins Malayan.

 

 

 

;EGGS-

 

 

 

There is absolutely no question

about the firm tone to the egg

situation.
that eggs would well maintain them-
selves from the very inception of the
spring run. They have done so and in
fact overstepped the possibilities we had
set for them. They have established a
level of about 20c at the present time.
This is around one cent advance of last

week The tone to the situation is cer— ‘

tainly one of promise, for at least a
mamtenance of the present standard and

we cannot see any reason why an ad»

vance is not warrautable and that we
in turn will experience it.

.EGGS—r-GENERAL MARKET.

Large, resh .7 ................... $.20
Medium fresh ................ .18

101111111

 

 

 

 

We felt very confident '

 

 

     
   
 
    
     
    
    
   
   
     
   
   
   
  
 
     
     
   
   
  
   
  
   
  
       
  

keen nature

around 2512 per hundred» holes!
steers _wluehrsbld last Week t$8 stop
Were going at $8.25 this wock“; l
1200 ..lb stuff showed aboutfie same
sell ngi strength as lastmviz $1137
$7775»; light 10.39011 butche-

   

F

3,193!"
heifers, 700 to 900 lbs, $7£0 to

 

1.11617
$725;-

gooxi bugger cows, $5. 25 “t9: fiQ‘i‘ c‘anvj.‘ "’

   

mars, ._ '.2; -a communal: of. 9, '
bulls movie at $800.11) $5 2 » '
pins hells. :00 1046 so; A

 

There was 'a. good." tone
111911151111 i'eal activity in exudate .
Feeder hepartment. Conimofi 5013 go8
ing at 35:25 to $5.50; good Wl’ébred
feeders, $62 to . ,9 ., 11.533111» teleckers '
.m‘oving at $00. to The} tmeIpt of .-
veal valves choirs: L137, With; the mar‘
ket active. The top Was set". '1at— 39$) to
$9.;0 common stuff ranging between $5 00
and $8.50; milch cows and ssprmgers

active. ,

 

CATTLE—.DETROWfiSTOCK
YARES..,.,-.
Beef steers, good {came '

  
  
   
  
 

11311737 Ano-l1...ondalt'~qone~‘7'¢._
See, iteets; medium $030011. . '7
Beef steers. equation to :fairr; 6» ..
Beef cows. common: to selected
Heifers, seleCte'd ' ........ '. . “355;- ' é' -
Stack: steers
..Eeeders _, ., . . . .......... ,
1 Carine“ and Cutters.-. . ,_ ..
Good to prime yEalsu
Bulls . . :1 6 . . u - .
Dressed veal ,; .

.. Cattle—«-Chwagu.

Extreme prices and bulk 151i natrve
beef cattle sold here' last week, quot-a-
tions for carload lots, with comparisons:
, - Number Extreme » Bulk of

. received rang

. seals
Mon, May 19. 1211519 $715118 90 323601128. 40

 

 

 

 

Tues, May 20.1,‘036 7 @8. ’52 7.4w800
Wed, May 211.712, @8. 40'
Thurs, May '22.. 3,211 @8. 80 7:65@815
We continue to .xperience a very l'rldayr'May 2.3-1 20° @835 7'66‘@8_;!_5.. ‘
healthy tone to the poultry sifu- La‘st 'wéek @8'
ation There is only. one thing Pievious week? 1'@9;
which holds it back. from a prohibitive . 529‘?" weeks ago a"! @9
level and that is the importation of out- -.19112jj:::::‘_‘,j:' :3:
side stuff earload lots from' Western 1910 ...... ' .50
~ States. This procedure will undoubtedly ' i383 --------- - - . ”@ng 3

3 so that We can adva

   

hold our poultry to about the level which
we are experiencing at the moment.

'How'ever, not enough will be imported

to reduce this level, not enough cur—
tailing to this movemefit will'xbe allowed

ee, This shows
you' that the situation is certainly of a

 
 
   

The. Chicago Situatmn‘op 1191115 ‘Wi‘l'lf'
a few thousand me many as ,3 _.zh"
the ekcess spelling 111111119. 'Eleeiin
values; Twenty» .
the neeelpts 115 Monday . ..
Oc covered the 11111 "f sale"

P

1'

  
 
  
  
     

   
  
    

 
 
  

 
   
 
   
   
   
   
  
       
   
 

 

  
  
 
   

 


._'/ of high:-

 

 

 

Coulee-We.
~-.-The spread betW‘em light:

c

ing steers mid the heawer. more expen,-f_ ‘

siv-e kinds are:.closn1g. in and; has
reached a vcory; narrow margin. Killers

-are taking handy weight steers; those," ..
eleven hundred '

d Wiggi'mgti a 111'.
’..,.poqns,at“" ' 1“ begun-W1
.» ~' the weighigg shrppmg kinds. '
" years baék' e vv'eig'hty steers Qwere
wanted for exportbm' the W1 evade
15 now a thing
10631, hose better weight
steers, ~1r1ds' averaging from 1,000
[11b5— on‘ up' to 1400' lbs. and better are
takens'by th' larger pank'érs and a fiew

‘Of ”the killers_ in the larger hides-M

. spine of the near-bynhandlers 6f: heavier
--ieuts for special trade. While: beat
weight Steers, thati Show... good quality
and excellent: finish- are selling from
$5.25 to $8 50 handy weight steers that
require conSidetably less feeding and
trouble, are bringing from $7 75 to
$8.25 ahd for the general trade of the
;retai1er-, the handier kifids are more
ready sale Only the hotel- and restau-
"rant trade now call for the heavier cuts.
«amilies want the smaller cuts. A small
family can get several small steaks ..f01'
the price of one large steak, for in;

stance, and there is not the proportion 84:;
Local killers, make 1i't'_—-
'- tle inquiry for steers averaging better;

of Course beef.

than: eleven hundred and the condition

of other live stock markets 15 the same. May?

Swift, Armour and Morris are the prin-
cipal taker.s..of_ the heavy )teers, while
'pmchcally all Of the smaller ackers
ad final killers want the andier
grades. Monday with 125' tars 9n offer,
thirty —five' loads less than for the pre—

the past byi reason-._-

 

 

 

Cahos—«Bufialg. .- . .,

. Good Monday supply of carves—1,4

.~ E emand for tops Was Iib~
eral 'and With the local- buyers giving
the; market On Cults good support, trade
was..act1ve, hint-b; prices steady with last
: week’s close. Best veals $10. 50- to
$11001)qu $1100 Fair grades 9.75
to $10. 25 and culls $9. 50 down, ’ a

r small proportion of the ofierings sell—
' Eghbelow $8:00 Fed calves sold very

 

Calf. Quotatmns

choice. .10 .ex‘tr‘a ...... $10. 50@$11. 00
._F:1Wl, r' to good 9 75 10. 2.5.
- ls athfindg common, .‘ ...... 9. 00 9 50
‘ ..7 so » a. so ,
.-.l...500 6.00».

pa. _

1m,--..oo ,‘... -~.-..'

_F$ cm“ "7"

nun-q.

 

 

7 i: ’“Hggs—Detroxt - -
The receipts 01 “he for the week
Hamdecltned almost ,000 head" there

few 7be1ng6.638"’ this: week againSt 7872 last.

:Thegresult 'of this Se'em'ed to show in
sales being made around 51: to, 101: over

. r
u

y

. 19111,...1570Q6.

last week ‘The bulk 01.. sales/1n all
gradES o fdes'irab'le qualities at $8.,75
hile last week the range showed around
$8.60 to $8.70.- The market closes with
the tone -to the situation very active. ._

QGS~ISETRO’IT' 14mm

..j";Fair' to choice. butchers.:.... $8 75“
. Lighmights '
7113313191; gccording to weight”
iga, . ...... . ........ . . . .
”a, ........ ». ..... '. ..... “One-rthird of?

Hogs—(Shim.
Chicago daily Irange of hog values,
ures for caiload lots:
'_ . Mixed '

 

 

top fig-

IIeayy Light
Pac'kmg - Packing. Packing
a Medium and Spelccted; and selected
andBu tch Shi pingb 1' “Ship mg, '
195 @255 lb. 255@'4'00'lb 1.35@f)95 lb.
Pa cki 1gn acking Packing
16. ..f$8- 30@8g 65 $810@8. 57$ .'$8440@8. 62.};
17.. 0 8.15 8.40
11:44:; 12%;: : 5 . . . . . ..'.
.. 8.4 @8. 75 8.25@8. 67$” 8.60@8, 75
May 81;. 3145821872; 8.25@8. 673 8506198 75
May 22. 8. 45@8 75' 8.25 8 673-8951169870
.'.8 35@8 62$ 8. 20 8. 62i’18;#0‘@*8. 62%

$7.236)? 815137 25@7. 80 $7. 20@7 7o
5..-5@60 05, '5 75@6. 1‘3
1910 '9~20@9 623' '9 25@9. 60 9. 30699. 60
1909. g. 9,57@7. 4o 77 00@7 4S 6.80@7.27i

“Haltload $8.65 , '
Hogs; came .into the running on a

 

19.1 2.

wdifig Monday, between fort-yearn: and steady» was; 666 trading was slow to

fty cars were weighty Steerst thermo-
' on of handy weight butchering cat—
'tle; not: being large enough to meet the
déniand ., Result
«sold a dime .to twenty cents lower;

While butcheringgrades w'ent' at ten to but little, but cleane‘d- offerings up in 7,

higher prices and: at the

“f-Mon'day session the full:
utdh -_

start: An httempt' we made 'to Weaken
the market but. failed. After somewhat
slow going the market came .back and

good weight steers was -;a~s;-. good as any time, The day

closes streng. At the start packers did

good shape When they got going. The
range w'as- very narrow, bulk of arrivals
going at;- $3550 tO' $8.606 The shipping

i :de’mand was much better than in week

Tuesday’s hog mark‘e 31th an ad;
ancé of abOut 101819
15 1 ' Shippers 799818 fairly geozl
top: 0f $873117“ made for,

ht. weight butchersw’l‘oday s

" - 'stronger

offerings,

many sales be; .

véry uneven mar-

teaaéyl; [With 75c lower-3.112111 W'ed‘nesi

s

P ankle , bids were notched generally at

1- Mo $8.60, ; A little stufi? changed
It? shippers at $8.70 ,.

HOgs on Friday Show to be unevenly

ow'cr Sales at outset SC to 10c under -
Trade rather slow for a

. Shippers
n :.‘ speculators were chief buyers at
Packers Were good buyers after

market was under way. 1
.8 Saturday 'closes the week’s trading

With h0g5 averaging just a little
The trade is fairly active and
good clearance made. Sales mainly 5c

, up from a week ago, top was $8.62’/

The market was considered steady at the

close.
. " ’

 

/"

HOGS—CHICAGO STOCK
YARDS.

Mixed packing .............. $8.35@$8.50
Medium and butchers ........ 8.50@ 8.55
Poor to good heavy packing. 8.20@ 8.35
LightWeights ................ 8.4061) 8.57
Selected 260-300 lb. packers... 8.37@ 8.65

 

f eld back fit a long"; i
u, 1391's were the onlyibuye‘rs,
shippers heughti a few. .. r

7... To

 

Pigs and throw-outs .......... 1.50@ 8.90

 

. Hogs—Buffalo.

Liberal run of hogs at Buffalo Mom
. day—100 loads or 10,000 head, tcifcars
more than for the preceding week and
2 loads in excess of the concspoudin,H
day a year ago. Receipts at western
points weer strongci than a week ago
and a year ago, Chicago reporting 37,—
000 fresh, against 44,000 for the pre—
vious Monday and 52,000 a year ago.
[Order demand at Buffalo was strong
and with local packers in for a goodly
number, prices, notwithstanding the lib-
eral supply, were jumped a dime over
.last weeks close-110w bunches of
heavies sold at $8.95 and two or thrcc
decks of very desirable mixed grades
reached $9.05, over 90% of‘ the weighty
including good , wciy'ht
77yorkcrs, selling on a $9.00 basis. At 'cw
lights and pigs reached up to $9.10, with
bulk moving at $9.00. Roughs mostly
$7.85 and Stags $6.50 to $7.10. Author~
itics generally are taking a favorable
View of the outlook for the trade for
the next month or 50. Liberal receipts
will no doubt have the effect of break--
ink. prices somewhat: but no substantial
declines are anticipated. Buyers are iu~
sistiug, however, that values are away
too high on bogs and some are bold
enough to predict that valucs will go
Off substantially this full, with a good
corn crop and that packers may be buy—

ing their kinds before the ycar is out,

duriwr the mckiuu' season at around
0 b

$7.00.

 

HUGS—BUFFALO STOCK
YARDS.
Extreme heavies, 280 up ...... $8,90@$9.00
Heavies, 240 to 280 .......... 8. 90(6), 900
Mediums 220 to 240 ......... 8 9560, 900
Mediums, 190 to 220 ......... 8 950) 9.00
Mixed 180 to 220 ............ 8 90@ 9.05
Yoners, 150 to 170 ........... 8. 95@ 9.05
' Yoners,ligl1t, 130 to 150 ...... 9. 00@ 9.10
Pigs, lZO down .............. 900@ 9.10
Heavy ends ................. 8. 75@ 8.95
Roughs . 7 85@ 8.00
Stags ....................... 6 50@ 7.00

 

 

 

Sheep and Lambs—Detroit.

The receipts for the week show 1997
against 2939 last week This shows al—
most l,000 head reduction in receipts.
Even in face of this cuitailmeut of rc—

, ceipts, we are not able to show any par-

ticular advance in quotations. Sales
were not readily effected The top for
lambs this week was just the same as
last $7.25 to $7 50, with fair lambs go—
ing at $6.751to $7.00; common, $450
710 $600,, with fair to god Sheoep bring-
ing $.2to $.50; cull and common $2 50
to $4.00; Spring lambs $9.00 to

face of lighter receipts, that it did not
seem possible to i rease the price pos—
‘sible to obtain out of them ~

$1000.,
This will show you that even in the"

ed 8 c .......... ..';.'....‘ '
61:111. shebp 91,; 2.00

 

1..;

Sheep and Lambs—Chicfio.

' Top prices, and the range for bulk of salesi'
of .‘sheep and lamb s: . ' ,\ ..

Sheep1k

7

Lambs1k

Last week. $.6 2'5 $5 sBou@6 0038,1350 $630@7 30-
Previous w’k. 6. 25 5. 85@6. 25 8. 70' (01 8 65
F'om wks ago 7. 10 , ' . .
35 . . . 7. 25@@8.

' ' 6.40@.6.85

5,60 7.65 @860

'f.:, 6.90 6.00@6:50 9:75
. 5.25 40.0@475 6.70 '5.25@6.60

"1116 Week opened up with sheep of—
ferings large. The same COntinued with
exception of a comparatively few aged
and yearling lots.
kinds to offer were able to draw steady
prices in most cases. Some uneasiness
was noted but no noticeable change in
prices occuired Packers were chief
competitors The demand was best for
light weights. Native offerings con—
sisted 1.11g11y of ewes, while the West—
hugs were more scarce than all other:
classcs. Some mixed shorn Western
ewcs and wcthcrs averaged 82 1133:,
opened at $6.15. A lot of Ohio wethers
clczucd at $605, zucr age 96 lbs Some
\cry desirable cues wc1‘t at $600; shorn
native cwcs fthucntly found an outlet
at $o.,()0 but 11.111 to bc prime. Lambs
were (hill from the stirt, prices mainly
10c to 15c lowrc 1:11111 the close of last
chk. Heavy lots WClC‘ piactically uu—
salablc at :my price until buyers had
pl ucd bids on the lioht weights. Best
shmu wctllrrs \vcrc scc'utedat $7.:50
uzltiyc springs at $8.50 were good and
Some choicc oucs made $8.65. Shoru
natives toppcd at $7.40; those under
$7.00 were prime or else were too
weighty for most buyers. The week
closes with the tone to the sheep in
yearling grade fairly satisfactory. The
market in many cases during the week
ll'lS shown 1031 :uti\itv but in face of
this, prices have \voikcd downward and 1
closed around 15c to 25c. off from the
cloec of the previous wc:k.

011 Friday alew fzmcy short] native
ewes landed {It‘$(l.UU; a very prime class
clearing at $5.85. One lot of wooled
(\1 ca landed at $0.33 '“ Slloiu bucks t0p~
pod ut $500, The week closes with
lambs in good (lcmzuul with the supply
\ci'y small. Some traders call the mar—
kct strong. Ono lot of Michigan fed 77
lb. lambs clcmed at $60; one fancy lot
of spriups sold Ill: $9.25. The market
\\ 1s considered faiil) steady at the close.

 

SHEEP—CHICAGO STOCK
YARDS.
good to choice ........ $7. 00@$7 50
fair to good .......... 6.50@ 7 00
cull to common ...... 4.00@ 5. 00
Yearling lambs choice ......... 6.15@ 7.15 ‘
Yearling lambs, cull to fair. . 4. 00@ 5.00
Wethers choice ............. 5 50@ 6.00
Common to prime ............ 4. 50@ 5.00
Cull sheep .................. 3. 50@ 4,50
Bucks . .................... 3. 00@ 5.50
Basis being “Shorn.‘

Lambs
Lambs,
Lambs

Sheep and Lambs—Buffalo.

Lamb trmlc has bccu bad for two
wccks past,'tlu'1ugh shccp have been
sc 11119 gpod. lVlal'b'Ll was in a very un—
{notable position (luiiug the last days
of last wcck, lambs goiup off from
Monday to Friday 50 to 75c pcr cwt.,
and demand was slack at the decline.
Saturday‘s trade rcuctcd a little, prices
jumping 15c and Monday, under a run
that was larger than expectations, there
lxiug 70 cars 01 14,000 head, Saturday’s
adxance was entirely lost, the market
dropping back to l'riday’s basis. Bulk
of the choice handy lambs sold Mom'—
dry at $7. 50 and sevcial (locks of very
desirable ones went from $7. 25 to $7.,40
with heavy lambs, averaging 90 lbs and
over, ranging from $6. 75 to $7.00. Mar—
ket was actiie and the closing trade was .,
strong the outlook appearing more"
favorable than for several days past
Cull lambs sold from $6.50 down, skips,
selling as low as $4.50. Sheep were ac,
tive and ruled full steady, t0p wethers
bringing from $6.00 to $6.25, the latter.
price taking some choice handy ones,
as well as a deck of heavy ones going

..

 

77S@8.60' 'i

Sellers having such ‘ i


    
 
 
     

 

  

 

  
  

ambs choice to extra}:

3371215807156
Lambs: fair to good ..........

Lamgs, culls and cOmmon. ; . . 4. 90 6. 50.

s Weighty and heavy. . 6. 75 7. 25

Yearling, choice .. 1. . . . . ..... 6.50@ 6. 75 '

, earling, cull to fair. . . ... . -.4 00 6 25

. W.ethers ............... . ..... 6. 00 6.25

' » Mixed Sheep .._ .......... 5.75 a) 6.00

EWes choice ................ 5 00 5. 75

Cull Shéep ........ '. .......... 2. 00@ 4 50

existing.

resentative's [without m b
has caused a feeling 1111.111
to the possibility of: imprQVement 1n .
various schedules before the b1l‘l beéom.

 

111g it diflicult to secure busin653/“C01i-

 

Bucks ........ .. . .. ............ 3. 00@ 4.25

COAL

,

ll-1c situation is getting tight-e; every
'day. The demand for all grades of
coal is strong in all markets. Crop re-
:ports are 1110st favorable and business
.of a general character looks wood The
coal consumers feel that theyb are going
to have a good business, therefore will

w. int coal.

lt is now realized that the car supply
in some districts is hetrining to fall shmt
of the (hmand. which docs not we 1k

very well for the car situation this fall.

(ias companies are tal: mg on a lot of
coal, 111m 11 is something the, never
h."1\e done before. There is also an in-
creased demand in the export trade. The
growth of the coal business has cut: off

the. supply in certain districts. Many
mines today refuse to accept orders at
a stipulated price. for deliveries to be
made after July lst. The writer saw
several orders given by Detroit retail
dealers at open prices. Their main ob—
ject was to pct their order on iilc so
they would be sure oi getting the coal.
This is only a matter of pond business

foresight and 11111 re. 11hr of the “pink,

SllCtl ought to plan accoidinply.
lIOlll the fact that conditions durim1
the p'tst si.\t\' (l 11s haw, not been out
of the oidinary and the possibilities
are that the mines will accept orders on
basis of the present prices for only a
limited time, the situation is going to
tighten up in the near future and take
the adricc given in the "pink sheet" and
[ill your coal bin early in the season.
Kind of (foal. l".().l’1.l\"lines,
Hocking 3~inch rescrcencd lump. $1.75
l'lockinu' l 1' inch scxccned lump 160

Ohio 4 inch special lump ........ 1.75
Ohio l‘i— inc'h special lump ...... l.)6(
lomcroy ” 1 inch lump ........... 1.05
Cambridge lfx'j—inch lump ....... 1.60

The above grades of coal take a
Hocking ireiUht rate ‘
Viryini't special 10—inch bl (Mk $1. 50
Peerless \\ hite Ash 4— inch block. 175

Virginia l ogan 4— inch block ..... l.70
Yukon 3-inch split .............. 1.55
., ,Yukon egg ..................... 1.50

The above coal takes a Virginia or
Kentucky rate, or 2.1 cents over l'lock—

ing.
Michigan 4— inch lump ........... $2.75
.__Ilichigan .3 inch lump ........... 2.65

Aver ragje fieiwht rate to Michigan
points, 70 cents per- ton.

‘ Pocahontas lump or egg. . . . . . . . . .. 3.15
Pocahontas stove .............. 1,65
Freight rate, 45 cents over l'lock-
ing rate.
Anthracite Coal.
Chestnut haid co:,1l er. tons ...... $605
Equivalent to net thus ............ 5.45
Egg and stove size., 25 cents less.
The prices are, l. o. 1). Buffalo.
FLOUR AND FEED.

The market on wheat‘aud grain is
about in line with last week's quotations
andno change in prices have been made.
The mills report doing a satisfactory
business on flour and feed and do not
look for a ch 111cc in price and market
conditions, until a more definite report
can be obtained as to crop conditions in
general. ,_ ~

‘ ' Price.
Kind—..—
"B1end” flou1',%;—papcr sacks.‘..$ 5.25

 

. , Spring patent ....... .. .. 4.50
. 'Towcling sacks 0r wood barrels

203 higher. . ' Per ton.
11~Coarse co'rn meal.... .... ...... $25.00

per bbl.«

   

, siderable machinery is “reported to be

ders It is estimated" that not. over 50
per cent of the woolen machinery in

basis of the consumption of wool being
much smaller than a year ago We may
look for wool to be in light (11111111111111.1111...
the tariff matter is finaly settled, at"

Which time manufacturers can tell just .

“hat competition they will have to face
The situation at that time will develop
as to “hcther the wool manufacturers
of the states can compete with outside
on basis of schedule in existence. It
seems apparent that wool values 'on the
or tsidc and in a large way have really

:l: oun some reduction during the past -

month. This has been put in effect in

 
 

,a law. With this unsettled Situation',
'ahead of them, manufacturers are _fihdé»

stopped upon the completion of old 111.}?

order to redu e the amount of old words

on hand.

"thew oil \"t))lS are selling at the
present time at around 25c ffor medium,
with line Dclaines Going at 22: to 23c
for Ohio and 20c to 21c for Michigan;
with line clothing1 wools going at 18C
to We

FAST.

’l‘hofUuited States was experting
more than 211'; times as much fresh‘
beef 2.:lld.C{L'[lle. six years ago as it
sends abroad 110'11"'as shown by sta—
listiis made public by Semetary Red-
field of the d914,“ tment of commerce.

in the fiist nine months of the
present fiscal year, ending March 31,
there 11".15 exported only 5,479,439
pounds of fresh beef and 13,598
pounds of rattle, as compared with
200,009,739 pounds of fresh beef"and
307,721; pounds of cattle in the same
months of 1907. The intervening
years reveal uninterrupted decrease.

In the calendar year past the‘

United States exported 9,000,000
pounds of fresh beef, While Argentina
sent '756000000 pounds; Australia
109,000,000; Now Zeeland 27,250,000

pounds and Uruguay 211,000,000. To

the 'United Kingdom Argentina sent
T"9,,000 000 pounds, against 684,000
pounds fiom this country, The'num-
ber of beef cattle in the United
States in 1907 was 51,000,000; today
it is 36,000,000. .

The United States surpassed its
rivals,...howcver, in prices obtained,
having received last year for beef
exported an average of 1]. 67 cents
a pound against 468 for Argentina

4:391 for Austialian and 5.26 for New
7eeland beel‘.

PIx’liVl'fNT STATUS OF .
OUR l'l/HEAT AND FRUIT.

According tO'the crop report by See—
retary of State, Martindale, the con-
dition of wheat in Michigan when the
statistics were compiled, May 1, was

per cent. Four per cent of the
wheat crop in Michigan was winter
killed and has been plowed up. '

Owing to the inferior quality of
Michigan wheat for the year of 1912,
the grain suitable 'for milling and ship—

ping is practically all marketed,.aC<-'
The ,

  

cordin to Secretary. Martindale.
average‘ condition of rye "Was 87,
meadows and clover 89. Reports from
various parts of the state indicate that
fruit is in better condition now than a
year ago.

    

EXPORT 0F BEEF DEcREA’sEs

, .

..;» necyssary as protettzon‘frem
countriois now in operation This on

=mmzey was never a dalmatian; Hé 1'19

i
4.

  
  
 
  

  
 
   
  
  
 

   
   
 
  

  
 
 
    

  
 
 
   

1.111.111.0011: pay for kinda?
Fly time will- soon; be herie
more thoughtfulness frmii, or- less

for, tlie c'ovw owner. »

Kicking the calf may rttieve your fee. 1
ings» bu? it hurts your pocketbook a:
much (13 it does the calf.

  
   
  
  
  
 
 

k

The man who says milk. money 1': easy."

either a city. milk dealer or a city. _Wlk 'i'
inspector. ’

   

fire you planning some cannéd gieen’
feed for me cows? Plont now 1‘07 the1
silage‘ta come .

  
 
 

run down con51dé’raby

We: are now advised to raise goats far
milk. Some men are always looking for
a rlmnce to slam the cow. _Stick to‘

If 3'9“ “d [“14“ 9914111161.,“ ‘
Should laii'gh Magma}: ”074911. ,

 

 

 

 

 

 

 

 

 

 

 

“b’nssy” and slie’ll‘ stock to you 7 gigijh::dds%:$fiifmfigzw ”: 4 _
/ dmzt know much about “sczentific” . "'-_;Perh_a'/1,9 in 9031151 near by a'nd'b ' ' 1,1 "
feeding but common sense tells me you A 170de3 might get staffed" ' " '1 '
(uni male butter- -_fa;_' out of nothing. " Thin w hat a {$111,951 world ’thId be
.8'ome rows get very ittle more. .. 1 .. For you and. filfirrfot‘ lycu‘ and 411.94 ' 42W
, o , . .
. £6
10000 THE PlNK- SHEET ,
Mao ~."
99,, . N EE DS YOU R HE LP'
' 8500 ,. 8109 Reported last Saturday , ' .> :1
8°00 ' 139 NEW N ES ADDED . .- _ _ .2
750° . 8,248 PAID suns. TODAY ' .‘f. 5 .~ “ ,
7000 I hope this message will hit right home and make '
6500 YOU realize that the “pink-sheet” MUST, HAVE '1.
' ’YOUR HELP, igit is going to grow to a osition
6000' where it can F RCE HONEST PRICE FOR
5500 . YOUR PRODUCE! 1
5°00 _ — This weekly can nefler GET FOR YOU; WHAT ,. 5,
' YOU WANT until you help to place it in every " i: , .;‘
450° home 111 your neighborhood... ,
4000 It has helped most already WHERE IT IS 1‘
3509’ ‘ TAKEN MOST! , i411
3050' ' If every farmer in YOUR neifihborhcmd had it ‘
' every week, YOUR LOCAL BUYER WOULD 1‘1""
250° , ‘HAVE TO COME To TIME! , ~ .. -,
2000 We do not ask you to canvass your county, nor ' "
.500, even your township, but we do ask every pink- sheet ’1 ..
1000' ’ booster to CANVASS HIS NEIGHBORHOOD ‘
. until he has placed every farmer’s name with his . \
500 , own on our lists. ' 1 ,
This weekly is published for a purpose,- not: for ' :1 '
profit! We have asked no advertiser to help con- . . i' ,
1. tribute to its cost. THE BUSINESS FARMERS . ‘ . l
» OF MICHIGAN CAN AND WILL SUPPORT A , 5f?
TEN BANNER ”PINK GREAT POWERFUH WEEKLY PUBLICA- 1"" ,
' SHEET" COUNTIES TIQN, WHICH IS ABSOLUTELY INDEPEND- '-
gmganllac - - - - - gg3EN51‘ OF ANY INTEREST EXCEPTING THOSE '
3:E:§;‘,‘,“W_ ; g ; -_ .305 FOR WHOM 11‘ Is PUBLISHED. WE ASK j 1
4-—-Lapeer '. . ,.‘. . . 304 YOU TO DO ONLY YOUR SHAR‘E— . I ‘
gjfigggfigmf ; ; ; ; ; 2:7 ——BUT YOUR SHARE IS EVERY F'ARMER ,1:-
7—OSceola . . . ‘. .'273 IN YOUR NEIGHBORHOOD! 1 '
33%;:‘331; '_ '. '_ " '_ ; fig; We ask you to see to it that this coupon is" mailed _.,,, ‘ ~
10—361. Clair . . . . . 250 with A NEIGHBOR’S NAME ATTACH-ED this .15
MICHIGAN BUSINESS FARMING, 95 WEST. FORT ST, 13’; '5' .
, . ‘ DETROIT, MICH. ‘ . , 1' ,. ,1
Dear Sirs 1.4111 enclose fifty Cents (5 c) (or within .. . . . . '.". . ... days ' '4
I will send you 50c), for which startt pink-sheet" coming. for onex ‘ .
year, beginning with the next issue. , . . .. . _ , ‘

  

. ,L ,
....1-,.1514-1-1-11-.'-\..'...-.qin-»'
...o-v.'icu..-

”“1... ‘ 14 > /v ‘> 1
..1'. 3.;.»c1,1'._g~_,_.‘--.. .11... o. .5,