By loss off, or "rots out," is meant the subtraction of the bad eggs
from the number to be paid for. Buying on a candled or graded basis,
usually not only means rots cut, but that a variation of the price
is made for two or more grades of merchantable eggs.
Much discussion prevails among the western egg buyers as to whether
eggs should be bought loss off or case count. Loss off buying seems
to be more desirable and just, but in practice is fraught with
difficulties.
If the loss off buyer feels he is losing business, he may instruct
his candler to grade more closely, which means he will pay less.
Whether done with honest or dishonest intention, the buyer thus sets
the price to be paid after he has the goods in his own hands, and
this is an obviously difficult commercial system.
Where the buyer in one case changes the grading basis to protect
himself, there are probably ten cases where the eggs really deserve
the loss charged; but the tenth chance gives the seller an
opportunity to nurse his loss with the belief that he has been
robbed by the buyer. Such an uncertain feeling is disagreeable, and
the results are that where one or two competing egg dealers buys
loss off, and the other case count, the case count man will get most
of the business.
The case count method being the path of least resistance, the loss
off system can only succeed where there is some factor that
overcomes the disinclination of a shipper to let the other man set
the price. This factor may be: 1st--An exceptional reputation of a
particular firm for honesty and fair dealing. 2d--Exceptional
opportunities for selling fancy goods, enabling the loss off buyer
to pay much higher rates for good stuff. 3d--A condition that
prevails in the South in the summer, where the losses are so heavy
that the dealers will not take the risk involved in case count
buying. 4th--Some sort of a monopoly.
A monopoly for enforcing the loss off system of buying has been
brought about in some sections of the West by agreement among egg
dealers. In such cases the usual experience has been that some one
would get anxious for more business, and begin quoting case count,
the result being that he would get the business of the disgruntled
shippers in his section. When one buyer begins quoting case count,
the remainder rapidly follow suit and case count buying is quickly
re-established.
The City Distribution of Eggs.
In name, city egg dealers are usually commission houses, but in
practice the majority of large lots of eggs are now bought by
telegraph and the prices definitely known before shipment.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account