, 1873-12-04

OF your voIilnlo 1,apor, nv compliments to
"arand Rapdn" aud lilo Michigan corn upeou-
!ators opg tat tey hay9 9o,Rr Roto ftom W thG
coula 1earn, that they were "s.ort" taatead Of
witllatanding atlvised thom TO look out.
SEQ by tho Washington roportb tstas 5d t1o crop
p fnll M low NJ I over placed it for thia year.
Farmers aro liowcyor, 1ladlng about whore they
stand, and rcporty como from far and ncns that
the curi, crop rams out' worse than anticipated.
We wrote }ar stg suy,'g 1aErs an 10
Frooport-wny, Eurola. think. took up tile cry.
on tho otl,or side, aud talked about lhroo full
crops OIL haud. Now Is tho tiu1o to soil; bys.
apd-byo tho stutr won't pay pay frelghs:,, Then
300o 0UO hogs, aud all tue cattlo horscs, click.
ci,v, h,ll,nls, oto., TINT In fact each crop had
been fully consumed before another Ind riren-
cd. bnsed my ostimato on 1900, 600 hogo III
then nnye Soon reports placing tlle number nt
over 1,0oo,o0o highor, which 's no doubt near
tho tlurlt.
I rrophcnlod that tho shipmcnts (or receipts
at shipping pointB) would lall far short ol 1872,
and zoe that tile amount is about 100000 bu
1ons.
The crop Of 1860 was estimated In November
Of tint year at B94, ,0O0, 900. The November est
mato thB year is placed a. 858 900 00n. or sc 000
QUO losa, aud Tile probability Is that tho frost
will reduce tho valuo III sound corn at much leea
than that amount.
Our market for corn has extended very largely
eiuoo 1870. tho extremely low Price as which II
WAS offered caused It to bo nsod III !ocaliiies
where IL novor was usod before; aud. with
much larger territory TO supply aud % ooo' 'ooo
price should run high in 1874 nj It did in 1870
Perhaps Eureka or Ginnl Rapids may raise
tho question Of thrco crops on hand, but It will
DO found TINT The old corn will melt away In tho
country as did the crop Of 1aG9, and but very
little moro find It's way to tnarl;ut.
Tho winter OF 1868 aud 1860 was decidadty
mild. From Now ioars to July It was almost
impossible to u,ovo tho crop, nnd tho result w1s
the bulk OF the crop Of 1SGs was In frat hands
in July, 1860. But it all nolted away, with but
little Hont to market. Now re linvs loss corn OH
hand, and demand for it all over tho world.
I remember, In 18G2 oyorybody'a ideas were
down as to price OF corn. No ono eyor ex-
pooted to. aco corn sell at 25 conts
great wna the change. Corn ut Siso III Chicago !.
and who was crazy enough TO suppose tint corn
would ever cell ~ low again ss 80 cents
III tho days Of low prcss, before the War,
pss bualiel.-.n fact, that WAS II low price; but
three unprecedented crops have reduced the
price below the cost Of handling in many locali-
ties, and the MASSES Of tho farmors Of tha North
west are no better or for these large crops.
Somo talk very wisely OF raising corn ut lax
No farmer geta rich at raising corn 1T 10 cents.
The truth is, farmers have had tho short end Of
the lover for several years. especially those who
raise corn to soil. ..
In my laat I said, =" Corn will soil at rs cents
in Chicago before July noxt." "Granl Rapids
probably smiled at tic folly Of tho prediction,
but, Judging Of tao future by the past, why
should not corn soil aa ligli In "A rs it did il
one tinle (in Chicago). Tile supply is aclinowl-
edC1d to be small ,sl,ile the demand haB no
parallel In our history. Unfortunately, the farm-
ers-tllo ones wllo neod it moBt-cannot profit
by ehe aavaaco to any great cxsont "a they have
Recently, it was remarked, "1f corn goes
much above 30 cents in Chicago thoro will lie
perfect avalanche OF it," But IL eoetns thai it
don't "avalas,clIo" worth a cent, aud don't
think 60 centa would bsing ont large amount.
imr:enso number Of light hogs going into tho
market. II there WAS such nh unlimited amount
Of corn in tho bands OF farmers they would not
be shipping tAair hegs-woghtng less that 200
gain fastest. But the truth ia, tho amount Of
this corn that given number Of hogs will oas Is
amazing, and farmers are getting scared and
selling of their hogs to saso food for stock that
they must keap.
should liko to say fow words about the
1sailroad law. It ecoma to mo that the
muoh IL said 49, about tho injury injury done lone
to Chicago and the large towns. Nothing Is said
in behalf Of the amall towns and tho poor farm
ers around theu. The law must be repealed, be-
cause much produce goes out If tho State with
ont paying tribute to Chicago. and those COM
poting points WHO have paid their money to co.
cnra competition must havo the benefits secured
to tllom for all futura time.
II Champaign lad 10 cont ratio all her corn
would 70 to Chicago. Peoria ia Likely to DO ruin
ed by this RAILROAD law, &C., kc.
Tho farmers rorlinertly ask tho question why
Chicago should have protection, or Champaign
Peoria, or any other largo town; and 1t HeomH
to them that tho railroad officers havo dono all
they could to mako the law obnoxious in hopes
to array all these heavy voting points against it,
ara secure it's repeal.
Wueio town ha4 only ono outlet for ita pro-
ducts aB the amnll towns Anve the railroad has
perfect monopoly Of its CARRYING trade, aud it
is hoped that thia Inv will secure to tho noll-
competing points tho honoiits Of conlnetilion.
Il ID extremely aSgravating, to say tho aast, for
the penple Of Que town to bc forced to pay 90 to
Is per cent moro freight on thcir GoodH than
tlelr noar noiglbors. There III no doubt but
the railroads have abused The people in the past,
and have themselves to think for Tho present
condition Of things. Yours, ho., 1noouo1s.
LATEST.
Wheat rus fairly active in tho afternoon aud
Nc higher, selling at $1.o6t4D1.07 for tho
month. closing at Glo65l, aud At 3l.Os@1. .0sX
for January, the latter closing st ;l.0815. Corn
was IN fair domand aud Ygo higher, closing at
46o seller tho month, and selling at 461l @4U96o
for January, closing ut 4GNe. A sale WAS re-
ported Of 900 brla mess pork at 414.10 seller
February.
CHICAGO DAILY MARKET.