Minnesota Potato Exchange Faces Bank Pressure in Twin Cities
Letter from the Minnesota Potato Growers Exchange dated March 30 describes operating without bank or business help in St Paul and Minneapolis. It says members and non members benefited from independent buyers, and details attempts to settle loans early to restore bankers' confidence.
MENTIONED IN THIS ARTICLE
Exchange
Twin Cities
Sapiro
St. Paul
Minn
Minnesota Potato Growers Exchange
C. H. Bigelow
Minneapolis
General State Organization Committee
Thorpe
C,h. Bigelow
Europe
Barr Haa
Briggs
Northwestern National Bank of Minneapolis
Cities
Duluth
Merchants Food Products Company Declares Bankruptcy in Chicago
Merchants Food Products Company, a new Chicago hotel and restaurant supplier at 168 North Franklin, was placed in involuntary bankruptcy by three small creditors. The firm, incorporated for 50,000 dollars and claiming 20,000 paid in, lists officers Louis Katz president Major Friedman vice president and Louis M. Soloway secretary treasurer. Debts include 6,000 to 8,000 to fruit and vegetable merchants and about 25,000 from four Chicago banks, with total liabilities estimated at 40,000 to 45,000. Assets reportedly under 5,000. No creditor meeting yet. Franklin Street offices locked as landlord attaches fixtures for back rent. Also noted: Ressacher Orth & Co. file bankruptcy petitions in New York with various creditors listed. business at Queens locations on Ninety-ninth and Ninety-seventh streets.
MENTIONED IN THIS ARTICLE
Merchants Food Products Company
Chicago
North Franklin Street
Louis Katz
Major Friedman
Louis M. Soloway
Branklin Street
Express Claims Must Be Filed in Four Months
Washington April 17. The U S Supreme Court ruled that to recover damages for express delays a shipper must file a written claim within four months from the expected delivery date. The Adgmac Express Co sued Arthur H. Van Pelt over a Kentucky to New York carload of eggs. Van Pelt claimed losses from later egg price declines. the Express Co argued the claim was not timely written.
MENTIONED IN THIS ARTICLE
Washington, D. C
United States Supreme Court
Adgmac Express Company
Arthur H. van Pelt
Kentucky
New York
van Pelt
Express Company
North Carolina Berry Movement Boosts Eastern Strawberry Trade
Raleigh reports the 1925 North Carolina strawberry season has begun with the first shipments from Chadbourn on April 11 and major movement peaking April 20 to 25. The Division of Markets estimates about 1,600 cars will ship, with Chadbourn, Rose Hill, Teachey and Duplin County areas contributing 850 to 900 cars. Government inspection at key centers aims to raise quality and uniform packing while prices are expected to hold. Last year NC ranked third in production and shipments have risen from 696 cars in 1917 to around 2,000 cars now.
MENTIONED IN THIS ARTICLE
Raleigh
N. C
North Carolina
Division of Markets of
Chadbourn
Rosé Hill
Rose Hill
Burgaw
Pen Ag
Rose Hill-Wallace
Division of Markets
George R. Ross
Maine Potato Growers Exchange Bill Adopted in Maine
Augusta April 17. After a fierce legislative fight the Cooperative Marketing Act backed by the Maine Potato Growers Exchange became law. An amendment favored by fertilizer and independent interests was defeated, keeping outsiders out of marketing and ensuring the exchange handles growers’ potatoes with first liens on crops and profits flowing back to the growers. The emergency clause was removed.
MENTIONED IN THIS ARTICLE
Augusta
Maine
Maine Potato Growers’ Exchange
Maine Potato Growers Exchange
Senate
House
Southwestern Tomato Company Files for Bankruptcy in New York
The Southwestern Tomato Company Inc of 360 Washington Street New York filed for bankruptcy listing assets of 3800 and liabilities of 26267. Principal creditors include Florida East Coast Growers Association Florida Citrus Exchange and Natale Frank. Nine carloads of tomatoes tied to the nine judgments. Errol Zorn of Florida Citrus Exchange placed sheriff on premises and seeks examination of firm members amid reports of profits and mispayments. Officers named J H Hourigan president and manager S Hammel vice president Sol Perlman formerly Detroit Celery & Produce Company proprietor. Statements indicate debts incurred since March and recent purchases. The firm’s check to Florida East Coast Growers Association was initially dishonored but later paid after reprocessing through Detroit clearing.
MENTIONED IN THIS ARTICLE
New York
Southwestern Tomato Company, Inc
Washington Street
Florida East Coast Growers’ Association
Florida Citrus Exchange
Natale & Frank
Florida, East Coast Growers’ Association
Errol Zorn
J. H. Hourigan
S. Hammel
Sol Perlman
Detroit Celery & Produce Company
Detroit
Southwest Tomato Company
Sor
Hourigan
Perlman
Packer
New York City
Detroit Packer
Mr. Perlman
Southwestern
Florida East Coast Grower Association
Southwestern Tomato Company Inc
Miami
Growers Association
North Carolina Lettuce Crop Moving Freely Reported
North Carolina reports heavy shipments of Boston lettuce from Wilmington with peak movement around April 20. The 1940 planting covers 1,742 acres expected to yield about 1,300 cars, though actual shipments depend on market prices. fields report damping off and wire worm damage and replanting.
MENTIONED IN THIS ARTICLE
Wilmington
N. C
Boston
North Carolina
Chicago Milwaukee and St Paul to settle freight claims
Chicago April 17 The Chicago Milwaukee and St Paul railway announced court permission to settle all freight claims accruing before receivership. Patrons whose drafts were rejected by the bank will receive new drafts and vouchers within days. Other prior claims will be adjusted as fast as the investigation allows.
MENTIONED IN THIS ARTICLE
Chicago
Chicago, Milwaukee & St. Paul Railway
Alan
Milwaukee ,& St. Paul
Defends Potato Crop Estimates From Government Biden Farm Letter
Albany April 8 1925 A dispute erupts over potato acreage estimates for 1925 The Agricultural Statistician R J Gile t addresses editor E R Eastman of American Agriculturist urging publication of the official 1925 Agricultural Outlook statement to clarify the department’s stance for farmers in the state
MENTIONED IN THIS ARTICLE
R. L. Gillett
State Crop Reporting Department
New York
Albany
Agriculturlal
United States
R. J.gile
Agricultural Statistician
Nic
E. R. Eastman
American Agriculturist
Fourth Avenue
New York City
Mr. Eastman
United States Department of Agriculture
Long Island Firm Closes Up Many Judgments
New York April 17 The Archer Produce Company of Jamaica Long Island is closed up and creditors seek A Stiriker proprietor. The firm did a small jobbing business in fruits and vegetables. Numerous judgments were filed against it including Bernard Abel Co for 348 dollars and A Rosenblum Son Inc for 238.07 dollars last week.
MENTIONED IN THIS ARTICLE
New York
Archer Produce Company
Jamaica
Long Island
A. Stiriker
Bernard Abel& Co
A. Rosenblum & Son, Inc
Roads Not to Withdraw Order Notify Shipments
Southeastern Railroad Freight Association committee in Atlanta decided to withdraw their proposal to refuse order notify C O D shipments of perishable freight. Florida shippers protested the policy saying it would handicap business in Jacksonville, Florida.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Southeastern Railroad Freight Association Committee
Atlanta
Florida
Produce Packer and market news weekly notice
The Produce Packer, a weekly newspaper for shippers and distributors of eggs poultry butter hides wool furs and fruits and vegetables, offers a free sample copy upon request. Aside from The Packer edition, this publication covers market and trade news of interest to the trade.
Texas Onion Growers Limit Movement Of Crop
Onion growers at Hamilton Hotel in Laredo adopt a plan to cap shipments at 76 to 85 cars daily for the balance of the season. Upper counties to follow, aiming to distribute from both districts and sustain a firm market for yellows and wax onions. Shipments exceeded 1,000 cars by end of last week, with output easing to about 200 cars daily early this week. Government inspection remains heavy as the industry anticipates a higher late demand. Total vegetable shipments from Laredo during the season nears 1,146 carloads, with 28 carloads from Mexico including spinach, beets, cabbage, carrots, lettuce, and tomatoes.
MENTIONED IN THIS ARTICLE
Laredo
Tex
Hamilton Hotel
Galveston
Morgan Line
U.S
Asherton
Ed M. Matson
I. G. N. Railway Company
Mexico
Onions Market Report From New York Trade
Onions lower than last week due to poor domestic stock quality. Best yellows $3.65 to $3.75. poor stock $2.50. Reds scarce. whites $1.50. Texas receipts heavier with mixed stock. yellows $2 to $2.75 per crate. whites $3.50 to $4. Argentine onions in 60 to 60 pound boxes $2 to $2.50. Spanish $3.25 to $6.26 per case.
MENTIONED IN THIS ARTICLE
New York
Texas
Apple storage holdings fall short of year ago totals
Washington April 1 cold storage data from the Department of Agriculture shows apples held in storage at 1 037 000 barrels 3 389 000 boxes and 817 000 bushel baskets. For April 1 1924 holdings stood at 1 925 000 barrels and 6 837 000 boxes. In barrels the April 1 1925 level was 2 272 333 barrels and 3 871 000 barrels a year earlier.
MENTIONED IN THIS ARTICLE
Washington, D. C
Department of Agriculture
Apple Exports for Week Ended April 11
Rochester N Y April 17 Apple exports for the week ending April 11 were 7 817 barrels and 26 472 boxes per the International Apple Shippers Association compared with 28 68? barrels and 77 799 boxes last year Total exports to date are 2 604 838 barrels and 4 596 113 boxes compared with 3 171 230 barrels and 274 740 boxes to the same date last year
MENTIONED IN THIS ARTICLE
Apple
Rochester
N. Y
International
Apple Shippers’ Association
Red River Valley Potato Acreage May Be Smaller This Year
Moorhead Minn April 17 Though early estimates are unavailable, dealers in Red River Valley report a likely 10 to 20 percent drop in potato acreage from last year. Good spring weather has seen extensive small grain seeding, but final acreage hinges on May weather. If May brings cold or rain farmers may shift to crops needing later planting.
MENTIONED IN THIS ARTICLE
Moorhead
Minn
Red River Valley
Iarmers
Onions Demand Sparks Strong Texas Market Movement in Chicago
Chicago April 17 The Texas onion market showed steady demand with improved movement after mid week. Local buyers snapped up yellows and wax as outside markets reopened to straight cars. Prices ranged from about 1.75 to 2.25 for yellows and 2.75 for wax per crate, with Colorado and Oregon yellows at higher rates.
MENTIONED IN THIS ARTICLE
Chicago
Texas
Colorado
Oregon
Laredo
South Florida tomatoes begin moving this week
Jacksonville, Fla. April 17. The South Florida tomato crop began moving this week with a strong outlook for large volume of high grade stock through April May as the season moves northward into Middle Florida in May and June. Over 22 000 acres along lines from Lakeland to Everglades plus 1000 acres in St Lucie and more in Manatee and Lake Okeechobee areas will start shipping. Prices around 6 dollars for fancy and 4 dollars for choice at shipping points. Growers expect a profitable season.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
South Florida
Middle Florida
Atlantic Coast Line Railroad
Lakeland
Fort Myers
Manatee County
Lake Okeechobee
Everglades
Niagara Grape Growers Suspend Operations in Ontario
In St Catharines Ontario on April 17 the Niagara Grape Growers Ltd announced it has suspended business. A directors meeting last week cited failure to secure control of the 1925 crop as the reason. This marks the second cooperative to wind down after the Niagara Peninsula Growers Ltd did so a month earlier due to contract shortfalls.
MENTIONED IN THIS ARTICLE
St. Catharines, Ont
Niagara Grape Growers, Ltd
Niagara Peninsula Growers, Ltd
Chadbourn Berry Crop Moving Earlier Than Usual
Chadbourn North Carolina reports an early strawberry season with about 600 cars of Klondykes expected to ship this season. The market opened around 9.60 to 10.50 per crate as warmer weather accelerates output this week.
MENTIONED IN THIS ARTICLE
Chadbourn
N. G
Crops In Good Condition In Norfolk District
Weather this spring favors early harvests across Norfolk area with potato acreage down about 25 percent yet expected yields near normal. Spinach, kale, radishes and cabbage movement noted with crops on Eastern Shore diversifying from Irish potatoes as canning operations expand with a tomato cannery near Cheriton.
MENTIONED IN THIS ARTICLE
Norfolk
Northampton
Accomac
Virginia
Last Sea
Cheriton
G. L. Webster Canning Company
New York Man Arrested in Buffalo Fraud Case
David Moss of New York City was arrested in Buffalo on a charge of obtaining money by fraud. Tronolone & Co. importers paid Moss $1 200 for a chestnut shipment awaiting delivery at the New York Central freight house. He allegedly claimed to be an agent for a bonding and security firm and acted without authority.
MENTIONED IN THIS ARTICLE
Buffalo
N. Y
David Moss
New York City
T. A. Tronolone & Co
Michigan Avenue
Moss
New York Bonding and Security Company
New York Central Freight House
Tronolone
Nakamoto & Co Refuse Settlement Over Cauliflower Misbranding
Los Angeles April 17 Nakamoto Co Japanese vegetable packing firm refused full settlement offered to McCann Packing Co for 1341.50 after inspectors found misbranded cauliflower cars. Cars sold as twelves and larger but crates contained smaller stock. Case now under county horticultural commissioner investigation.
MENTIONED IN THIS ARTICLE
Nakamoto & Co
Los Angeles
County Horticultural Commissioner's Office
Guy Pearson Assigns to Pay Creditors in El Centro
El Centro California April 17 Guy Pearson manager of the General Produce Packers states heavy lettuce losses and no recovery in current sales make it impossible to pay debts at the shipping season end. He assigns all property to an El Centro bank for creditors. Real estate should cover obligations and he hopes for a quick adjustment. If property sells promptly he may proceed with the cantaloupe deal as planned, though uncertain.
MENTIONED IN THIS ARTICLE
Guy Pearson
el Centro
Calif
Also Mentioned on This Page
Minnesota Potato Exchange
Ressacher-Orth & Co
Ressacher- Orth & Co
Peter W. Gibbons
Susan & Wexler
Lichtenstein, Yabeloff & Co
Queens
L. I
Ran
Concern
Florida Shippers
Sym
J. If. Hourigan
Milwaukee
Niagara
Norfolk District
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