Highways and Highway Transportation by George R. Chatburn

EFFECT OF EASE AND COST OF TRANSPORTATION ON PRODUCTION AND MARKETING 273 Production Defined, Productive Activities -- Change of Form, Change of Place, Change of Time. Nature and Labor. Capital -- Stored up Labor. Marketing -- Wholesaling and Retailing. Grain Exchanges; Defined, Object, Commission Merchant, Dealing in Futures -- Hedging. Cooperative Marketing: Advantages. Local Grain Merchant -- Financing Movement of Crops. Elements Entering into the Cost of Marketing. Transportation from Farm to Local Market. Cost of Production, Effect of Good Roads upon, Intensive Farming, Fruit Farming, Long Haul Transportation. Stock Marketing: Changing Character of Stock Raising, Distance of Economic Hauling by Team and by Truck, Effect of Truck Hauling on Number of Hogs Marketed. Seasonal Effect. Stock Merchant -- Local, Shrinkage, Dairying. Poultry. Forestry: Logging and Lumbering, Forest Management, Use of Truck and Trailer, At Saw Mill, Log Loader, in Lumber Yards, Mining. Factory Products. From Factory to Retailer. Terminal Charges Eliminated. Construction.