Indianapolis Times, Indianapolis, Marion County, 9 July 1936 — Page 28

WHEAT 6f GROWER

Harvested Grain Grain to Bring Highest Return ~~ Since 1929.

Editar’s Note—The year 1936 promises ts become one of the most disastrous drought years in the history of American agrienlture. Particularly hard hit and ‘faéing MAnancial ruin are the wheat farmers of the northwest. Seeking fo fearn just what the year’s wheat harvest will mean in dollars and tenis to agriculture, the United Press consulted _ market experts whose statistics are the basis for the following article,

Ii A——————— : BY JOE MORGAN (Copyright, 1936, by United Press) CHICAGO, July 9.—Even with many thousand acres of his crop killed by drought, heat, and insects, - the American farmer stands to receive approximately $603,000,000 for his 1936 wheat crop—and that is more than the nation’s wheat has returned in any year since 1929. ~Grain statisticians reported today that record high price per bushel would pay farmers the biggest ee on their wheat in ~ Sevén years despite the fact that crop-killing weather conditions have cut the prospective yield far below the | “bumper” harvests of the past. | Market experts estimated the farm value of this year’s crop Ly multiplying the prospective 600,000,-

90 bushel yield, indicated this week p

an andy ncement by President Da y the price of the .December wheat future; less handling charges, on the Chicago Board of Trade. | Southwest Cashes In

The computation revealed a prospective dollars and cents return to the farmer of $603,000,000, as compared with the $569,000,000 the 1935 crop brought; $416,000,000 received in 1934; $384,000,000 in 1933; $282,000,000 in 1932; $363,000,000 in 1931, and $595,000,000 in 1930. In compiling the probable gross farm income irom wheat, the stotisticians allowed 5! cents a bushel for handling charges or the price differential between the producer and the wheat pit. December wheat sold at $1.05% a bushel on the Board of Trade yesterday. Therefore, $1.000%2 was used as the basis for calculating the prospeetive returns. Approximately five-sixths of the money will go to; winter wheat growers in the Southwest. Most of their crop is harvested, safe from drought or dust storms. Sensational price gains of nearly 25 cents a bushel in as many days on the nation’s grain markets have raised the size of the checks the Southwestern wheat farmer gets at the crossroads elevator by 25 per cent. - His larger profits should enable him to pay off the mortgage on the old homestead and perhaps buy a new. tractor besides. Northwest Crop Devastated

In contrast to the rosy outlook for farmers in Kansas, Oklahoma and the Texas Panhandle is the pitiable plight of spring wheat growers in Montana, the Dakotas and parts of Minnesota. Prospects ‘early in the spring were for a bumper crop in the Northwest. Heavy snows left fields with plenty of sub-soil moisture. But months of unbroken drought and record-breaking temperatures slowly baked the moisture from the once fertile fields until prospective yields were cut by 60 per cent and complete. crop failure became certain in many sections. While winter wheat growers reap a golden harvest from higher wheat prices caused by the drought farmers in the Northwest will harvest a crop of less than 100,000,000 bush€ls—140,000,000 bushels under official estimates five weeks ago. “Of course not all this year’s wheat crop will be hauled to market,” one crop expert pointed out. “About 15 per cent; or 90,000,000 bushels, will be held for seed. And it is possible that spring wheat will deteriorate further before harvest is completed. But regardless of the weather from now on the Southwest wheat farmer stands to cash in a tall stack of blue chips in the wheat game.”

Will G, West, above, McPherson stockman, is regarded as almost certain to succeed Alf M. Landon as Governor of Kansas. West's opponent. for the Republican

nomination withdrew, and with

Kansas Republicanism united by Landon’s race for .the presidency, West is regarded as Virtually “in.”

LOCAL 0DD FELLOWS T0 INSTALL JUNIORS

Triangle Lodge Ceremonies to Be Held Tuesday.

Indiana division, Independent Order of Odd Fellows, is to observe ceremonies here Tuesday dedicating the new Triangle Lodge No. 3, junior lodge for sons of I. O. O. FP. members. The dedication is to take place at Howard and Blaine-avs. Triangle Lodge No. 3 is the third Junior lodge in the state, East Chicago and Marion organizing several weeks ago. Ed Featheringill has been appointed advisory officer for the new lodge. Active members are to include youths between the ages of 14 and 21. « Officers to be installed Tuesday are Kenneth Dowden, chief ruler; Edmond Russell, deputy ruler, Robert Windisch, recorder; Robert Leslie, treasurer; Glen Pfister, accountant and Eugen Eastwood, Warden,

OARP CLUB TO INSTALL

Townsend Group No. 25 to Sponsor |

Ice Cream Social

Members of Townsend Club No. 25 are to hold an ice cream social and install new officers Saturday night at 6:30. Officets to be installed are Dr. E: R. Bebout, president; William D. Shipp, vice president; Mrs. H. M. Anderson, seeretary, and Mrs. G. E. Green, treasurer.

[3-Day Event Is Expected

| 1931, the

| mailed premium lists and class

to Draw Many New F - ? : _ Exhibitors. Times Special ; - MUNCIE, July 9 —From a one-] afternoon ormance in October, | unete Fair Horse Show has ‘grown to a three-day event, to ‘be. held this year ALE. 1-3. ! Five years ago, Mrs. William H.| Ball invited Hoosier horse faneiers | fo participate in a show at her Orchard Lawn Farm. Thirty horses were entered. The show now is held at the 4 Muncie Fairground. Approximately $1200 in premiums is to be ‘awarded this year and 28 events are listed in -Hoosier Equestrian, Indiana Saddle Horse Association puhfica- | tion. Exhibitors in eight states were

schedules. Improved stabling facilities and a new show ring are ex‘pected to.draw many new exhibitors. Officers in charge of the show are G. A. Ball, Muncie Fair president; F. J. Claypool, secretary-man-ager; Mrs. William Ball, horse show committee chairman; Seward B. Price, horse show secretary, and |, Roscoe Lord, horse show commit- |. tee assistant secretary.

HOOSIER KILLED IN OHIO

South Bend Woman Victim of | Bellefontaine Wreck. Times Special BELLEFONTAINE, O., July 9— Mrs. Ben Bowen, 55, South Bend, was killed late yesterday in an au- || tomobile collision near here. Mr. Bowen and their daughter, Mrs. } Thomas Pate, all of South Bend, were injured.

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