Nebraska advertiser., 1869-04-22

Crop and Market WepoEut
fWHEAn.-Exports ere light AL
the stock in New York Is nearly ~
large as last reported; but all accounts
agree that stocks -ofeWheat and flour at
the Atlantie POrts, including Albany,
are light. Trafton's Reporter, March
q, says the lew gradesO flour are in
limited supply. Also that very few
mills az The West are doing more tnan
custom work, as farmers refuse to sell
at present prices 'henceit is very ey-.
ident that our. stocks of family grades
viii soon become scarce-indeed, the
assortment is now comparatively
pOOr.n Also, as relates to wheat
farmers i'm the interior generally re-
fuse to seil st present prices, which,
with material reduction Of stOcks
(the Tribune says there is less than
1000 bushels of spring wheat has
impaired a better tone to the market,
and induced some speculative feeling
and that the low prices cannot fail to
attract the attention Of intelligent
dealers, as it is very evident that at
the present rate Of wages farmers can
not produce wheat to advantage; so it
Is evident a much less area viii be
sown to spring wheat than last year
other crops taking its place.
Besides those given above, which
are important as showing that this
matter is understood in the cities,
there are many reasons why spring
wheat may not be as largely sOWn as
heretofore. Other crops, and espec-
tally barley, pay better; while farmers
find that less wheat, and greater va
riety of other crops, are better for the
farm and more profitable for the far
mer. Many make the change because
the land has been. o~ver-cE0pped to
wheat, and Others see that IL is better
to do so while the land Is in good con-
dition.
These facts show how little farmers
should be influenced by the cry Of oY-
er production referred to by S. b. L.,
Of Wis. p. 254) Can any farmer OF
dealer tell when, in his time, there has
been more wheat than&he world could
use for bread? We have watched this
question for many years. and run no
risk in saying that, with the present
means of transportation, an over-prO-
duction Of wheat is very improbable,
ifnot impossible. In formerages with
no railroads nor canals and very little
commerce, while the mass of the peo-
pie were poor and much less generally
used wheat, something of the kind
might take place. But now all this is
changed. The demand for wheat
crowds closely on the supply and
England sends ships to every part of
the world where a cargo can be OBJ
tanned; while consumption, in pro-
portion to population, has been stead
lily increasing, with the increase in
intelligence and wealth of the people,
and this increase has been much lar
ger during the last decade than ever
before. In view of facts like these,
The Mark Lane Express, March Is,
says: with nearly five or six months
before us, and a short crop Of every
thing bat wheat, there must vet be an
enormous consumption before harvest
TO which present stocks and prOspee-
tive shipments seem unequal, and a
reaction may set inn Yet this Jour
nal is strongly disposed to magnify
the stocks in foreign shipping ports,
saying, only a little below the above,
that there were then 1000, 600 barrels
Of flour in New York. Still. in full
view of a large crop in England, and
a good one here, the Express has new
er, so far as I have seen, said. that
there would be any surplus at next
harvest; but both editors and cores
pondents have repeatedly stated that
stocks of wheat and -four must be
used up very close before the next
crop can be made available. And this
is expected, too, with a seasOnable
harvest while u late wet harvest must
make a large extra demand, with high
prices.
Now in view of these facts, why
need farmers be in a hurry to sell
wheat? Why, now that prices are
low, should all sell out close, as has
been the case with wool? All can
now see that there was no need of sell
ling wool so low and this must soon
er or later be the case with wheat al
so. Then why crowd the market?-
En-.