Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1874-12-10

I0tal.s.sss.s..s.tV, so<VVo Aisfo5BIlE A4S@fOBV"'
We invite the attention of those
persons who complain that this pa,
per has kept back the crop and spoil
ed a seasons trade, to these fgur es.
The crop movement of the north
western states for 1874 has been ex-
actly 278 052 bushels less than it was
for 1872, which up to that time was
the largest movement ever known.
This statement will doub l3ss cause
surprise to many of our readers. IL
ought to serve to convince every
reader that the dulness OF trade and
the difficulty of collections experience
cd by merchants this season is not
in any way due to the backwardness
of farmers about shipping wheat.
Low as the prices have been, they
have supplied Milwaukee aud Chic
ago elevators with as much wheat as
they ever shipped before up to this
late date, excepting the memorable
harvest of 1873.
Nobody has any business to COM
pare the wheat movement of the
northwestern states for 1874 with
that of 1873. While the surplus for
export of the United States this
year by 20,000,000 bushels, the sur
plus of the northwestern states may
be confidently expected to fail below
that of last year by at least 10000.
900 bushels. Last year in round
numbers, Milwaukee received 80.
100000 bushels of wheat and Chic
ago &c 900 600 bushels, making to.
tai OF 5e, 900, 900 bushels. This year,
according to our estimates Milwau-
KEGS receipts will be about % 000,-
600 and Chicago's about $4,000 900,
making q total of about $4,000 00)
bushels. The movement from farm
ers' hands therefore up to this date,
In this section, has been about one
quarter (23 per cent. of the probabl9
surplus, Wills last year to the same
date it was under one third (302 per
cent? of the surplus. Considering
the great and sudden decline in the
price of wheat, and the we'll known
purpose of q combination of snort
operators to keep the price as low
as they could, We think we have
shown that the farmers CT the north
west have done their duty by the
mercantile interests, in dIsposing of
80 large proportion of their crop.
So far as the farmers interests are
concerned-for which such friends of
the farmer as Messrs. William Young
l. Co., are expressing such deep So
licitude-we think that they may be
safely entrusted 10 the farmers them
selves. Thus far, at least, the WIS.
dom of their course has been vindi-
Gated. They have held back the
crop sufficiently to block the bold
game of the combined short opera
tors and to keep the price above 80
cents, yet they have quietly and pru-
DENLY disposed of one quarter OF
their crop. which is unquestionnbly
enough to pay their more pressing
debts, and, it may be hoped. enough
TO save the markets from forced
sales next spring!
We submit to our mercantile
friends as we'll as to our critics on
the Milwaukee Chamber of Com
MERGE and in the eastern press, the
question whether it is not quite as
we'll for ali legitimate business inter.
ests that north western farmers have,
on the advice of the Milwaukee
Journal Of Commerce, sol one-quar-
ter OF their crop at 80 to 9S cents 10
this market as if they had, on the
accommodation of bearing operst r.,
sol two-fifLhs or one-half of the crop
at % to 20 cents 10 this market?