, 1872-10-16
witness your market when the coun-
try began to pour upon you

Ana, again, your 6eptember average price WILL
put me but 3 very small fraction from my ad-
vance record. do not recall these publications
from any claim that may have il ssreading
stars" or believing " Mediums" nor yet as
prophet. or even the son OF q prophet, but, as I
believe, had well-grounded reasons that would
justify such figures from estimates. + will now
again venture an opinion, giving you my rea-
sons, and the future will answer You how nearly
correct T am. But as to the reasoning first.
Statistical returns from the Agricultural Bureau
show large. deficiency in The winter wheat
and the prices Of this grade in such mar
kets as Detroit, st. Louis, Cincinnati,
Philadelphia and Baltimore, whers it is quoted
from fifty to seVenty-fve cents higher than your
spring wheat, seems to confirm the correctness.
Louis house, who writes under date Of Sept. 4,
saying: i" But as it Was last year, the time will
come, unless an embargo is placed by the Iowa
Central Road on consignments to this market
such prices will be paid IS will necessarily at.
winter is scarce, and I have no idea that the
supply can continue very long. When these
receipts decrease, then our millers win look to
the spring wheat for their lower grades Of
flour !" apd, again, sept; IS, the same writer M
nishlng us all onr wheat just now, but I don't
think they can stand the drain much longer"
These views have further strength, from thefact
that learn that already millers from Kansas and
points in Illinois and Missouri are buying wheat
along this very lows Central Road.
Now my observation has been for the past ten
years that whenever Northern Iowa and Min
nesota receive such prices as will furnish living
remuneration or fair profit for growing wheat,
ronntrv and nnt from tba b;nh onotst;ons ~
Liyerpool;f' But we have high Liverpool as well.
This market has ranged all fall from Is. to H. Cd.
higher than the corresponding time last year,
yet your market averaged but little, il any, high
III 0~~r
Their mutations we're 11s.G11s. 3D. will flol1r
9as msEa th;a vesr mrt ia ~ m1s. ri and 1onr
32s Ocean freishts about , lie 81. same 'E New @ York
- 70 ,via s r,o yo4,r 1s osrd of
mn1 y9H @ g.ot soei - my mn b,, ~
1rhaai 1'ooIt aa11ar n t1a 0' o1,H month a. Int
81 tit S.'01 d;ffaTe,ce aT 1AloAA, apa;nat von
Of 7xe, while the diiTerence in freight is but Sc.
fa.,1I ei9 y" ~ ~ aan1d ~ NJ IN 5c
ara ia1;, T;1or1,oo1 .a has;a r. ca11 ont
1arror s11nn19ea Iofnre the cold weather closes
,o,5r ah;1,n;no roc;lit;ea Thay have INT a. IAN
so,a gu "a as9 ss m IN M'o or . more than tan tines as
nnc hs v;sI7e DG ~ annTiv in nnnfs of acoumu
iat; a1t1d;rrr annat ~ tIe I'VE conai and
iaIea '1ast raar vaa 3 75G 715 this yenr. CORE
snondjn~ tine' Int 5354 64.-a deficiency Of
exn1 al VIZ Vat TiVernooi gue wants onr Wheat at
h;lbsr mica +fan ken viz then' say IN
a ~, ,1,,et nv ao 1nch 1eaa fnr i
ear, Ha1n1 au@o , ota p = tha nrodncera ~
ton answer that hecansa tha sunples still back
II farmers hands ere such that You must con
oa Inc 1ao51 haaan ia NOVA M Go
;,,at;fv snc, aaanwnf;on ~; Yonr raceints IN CHI
] caeo one % year $50 aro from Sent. / to Ibis pres
enf were !, 4,1e5, 900, md this year for the cor
Of +. .4s9 o00. Which. added to tho deficiency IL
MiiWanRee saTna Tina 9G4 nm makes - Grand
total of ], ,713. 00). or shout so ner cent.
The maenifcant PROSPECT that our wheat
afforded throughout Ill the -" - spring whest, t;
5and upon which chiefly based nv figures Of
ii.1sL 70 begin marketine the new crop} seems
to have made such fixed hold upon YOU, Mr,
TBInuSE. az we'll ag many Of your city capital
has neu to t,es vopr ns Of the fact int
this ia mt thu largest cron ever
known; and that we have such foods
house. IT barn, and kitchen, East, no matter how
to ] r;va ia nrodncars. Yon forget to tell Liver
no6i and ~ tba T.st that notxrtEatandino tha fina
prosnects M We in the Northwest had before har-
Test and +ha generally acknowledred fne
weather @ w We had uP to and few dsys beSond the
by about three days Of excessive heat when the
.4heat 1ras = in its mix sending boht mon Il
to fhe extent of about 20 Dor cent in that large,
1noat alerant. and wel1-cnltiyated bclt Of conn
trv crossing iowa. and m0stlv Bounded by the
Northwestern. NJ % % and I'll the Dub1aue s. Sioux City
Railroads. You neclect to tefi them Brat the
money lost bv indiyilnal operatora in
trade in thaf notable ucnrnarH Eas
nothing compared to tho terrible losses
the rrodncere throuphout ali the country north
and vest Of Chicago feel by the rains that in
mediately followed the & break" when they il
their creed and aYarice neglected stgcking for
thres6ing. with the for1ner the money simply
octna} 1osa of mliions nf bushels both in onan-
fitV and % onality. Wills YOU neglect falling these
th;n@a ea van do tall them about once weak That
4 the crop q hsrn 70 tat
g g The h vfeld in the San JOAQUIN. Iiyermore. So
crame6to, u a and M M Napa Valleys Show many mill
ions Of sacks. 90 many that thew cannot be
counted for number, and still they come BY
ifosEnia' nosus' m but + vii help Liverpool but
lttle more to feed ssG1eat Britain yearn-
;ne for food than viii nv fortune Of loo, 100000