The American Elevator and Grain Trade, Vol. 44

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Excerpt from The American Elevator and Grain Trade, Vol. 44: A Monthly Journal Devoted to the Elevator and Grain Interests, August 15, 1925As proposed, the clearing house corporation would pay for itself and build a reserve fund to take care of failures of members. Revenue would be provided for by an arbitrary charge of a few cents per bushel lot of grain cleared. It has been estimated that a charge of 10 cents per 10, 000 bushels of grain cleared would bring in about in a year, a sum fully sufficient to pay run ning expenses and a margin for reserve.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.