The Hillsdale standard. [volume] (Hillsdale, Mich.) 1851-1909, 1857-11-10
MOST.


10 Not this the Hest Time for Western
y Farmers 70 Sell Their Wheat1
Tho business offarmen is to raise wheat.
To speculate in II Il not his business.
That ia the vocation cftbe produce opera.
tor. With all his capacity for il, derived
from training and experience, the bust.
ness prosecuted in the great western grain
markets bankrupts him periodically and af-
ter life of intermittent chils and fever on
tho Corn Exchange, generally crowns his
old age with dependence. What chance
Farmer Cereal has for making money Oft;
is not worth calculating. e. ~.,
He speculates in grain who holds it foy
n raise -whethor it hes unthreshed 10
the sheaf, bagged in the barn, or stored in
the bins of nm ELEVATOR, or on the floors Of
tho Atlantic Dock warehouses. The far.
mcr who holds it is speculatcr, quite as
much as the dealer who proposes to sol' Il
in Liverpool, aud studies the Mark Lane
Express for the sign Of q 'rsise" and feels
the pulse Of the London money market.
II ia maxim Of mon that have grown
wealthy in agrieulturc, to sell after har-
vest. Experience, too, teaches that the
ruling market prico is always the best price,
A sale Of wheat Immediately after CUT
ting and threshing saves loss Of inscrcst--'
loss of weight by srinkage-sayes loss Of
quantity by vermin-saves deterioration
b, the elcments-and avoids the risk Of
fro. These economies are certain, apd
they are large. Against them arc the
chances Of 'sraise." What are these?
The crop Of breadstufs in Europe has
been rs abundant as our own. That is
one 'cbance." Money is as scarce there rs
hero. The disposition to invest in wheat
to store, Of course has received q check;
Government securities have tho preference,
and will have till the price of grain falls
most temptingly below its worth. There
is auother "ehance." Tho ability to in.
vest in wheat abroad has been greatly inn.
paired by the loss which Franco aud En-
gland have experienced, of their trade with
India, and by the suspension Of the i'm,
menso debts due them from the United
States. That is annother "chance." A
new order of the day has been issued, at
at home and abroa1--to ''economiseW A.
new order Of business has been issued,
"cash on the nail, or short crditsP The
old order Of banking is adheared to-'pay
up, and don't ask for discountsp Here
are three other chances" A seveuth
"chance" ia the certainty of a large stock
on hand next spring, resulting from the
diminished consumption this winter--its-
self the joint result of domestic economy,
and tho disabslity to move the crop by rail
after the lakes and canals are frozen up.
Tho weather this fall has been unusually
favorable abroad and at home, for getting
in the customary sowing and winter grain.
That is "chance" number eight. Tho
ninth and remotest "chance," is the sad
probability that every whest-stack in the
west will sprout with age and fermenta;
tion, long before the return of "gcod
times"
1t may not be business Of journalists to
tell men when to sell thelI property.
Fault will not be found with them, how
ever. for kindly and conscienticusly presen-,
ting TO the farmers the risk Of business tn
which they arc unframed and unequal.
that Of spccnlating in grain. The times
for them to sell their wheat does seem to
IS to be the present timo.