Yankton daily press and Dakotaian. (Yankton, Dakota Territory [S.D.]) 1875-1875, 1875-08-03
Our Crops and our Markets.

O0r NCOoSA HUW Our MufActs.l
Dakot:, is more deeply interested
This year than ever before insthe gen
cral produce markets because it has
produced a greaterssurplds, probably,
than in any three previous years.
The farms have been much increased
in cultivated area andsthc heavy i'm;
migration.of recent years has reached
Il point Of advantage. and to these
causes is added that Of universally
good crop with not even an isolated
locality Of partial failure. Largely
increased acreage and an uniformly
high production give US really i'm
portant relation to the outside world.
Every producer whether he have 100
or 1900 bushels of grain TO SELLS in.
terested in the price and the tendency
of the market. With this large surp-
lus comes several new advantages to
our market. While the settled parts
are by no means adequately supplied
with railroad facilities they are yet
practically reached BY the Dakota
Southern and the St. Paul-und Sioux
City railroads. While the hauling
OF grain to market points on these
roads is vast labor for many on ac-
count Of distance it is yet one the
producer can generally himself per-
form and thus fairly realize from his
work.
The advantages Of this years mar
l>et spring from two causes:
l. The high and advancing price
Of grain caused by short foreign
crop, and aided by the present CON
titauing- destruction of crops over a
large area Of the richest part Of the
west.
2. The compe.ition,of United States
markets and railroads for our grain
with improved accommodations for
handling aud lower rates of freight.
Everything now indicates that a
good, and, not unlikely, a high price
will prevail The foreign market re-
mains firm at late advances
and the same causes seem to
operate toward yes higher
prices. Storms, floods, and other dis
astcrs continue in En- ope, and the
balance from last year is Small. This
is counteractcd somewhat, but not
largely by evidence Of hard times in
Europe for the future.
1t is not pleasant at Fest to count
our gain by the visible misfortune Of
Others, yet the effects Of the unparal-
lclcd rains and floods throughout the
west in harvest time, and which each
days news reports as increasing, will
show sensibly upon the general mar.
kct, which is inexorable under the
law Of supply and demand.
Chicago has been perhaps too
strictly regarded as almost our only
wheat market. To this will be added
probably three competing points. New
York, Milwaukee and Minneapolis
These have of course been great mar.
kets, and they belong to what may be
: called the same general market Of the
world. But their competition to
handle ourgrnin directly affects the
convenience and cost Of reaching the
great market with the least expense
First Of all it may be said that here
at Yankton and at all the railroad sta
tions there will be adequate and eco
nomical accommodations orreceivins
and handling the grain. Besides tho
mill and elevators already erected 9th
ers will be built in time and will, inn
proved facilitieaThe fame of ou
crops has already brought dealer
from New York, Michigan and othe,
places who are preparing to compete
Among other advances i gh.a already
been arranged 60 thst b
shipped from ankton tos lsew Yorl
lircc, by rail q the rate .of !: 81 cent
per hundred pound hicls 81 / q; q th
rate Of 36ll ceats pei .bpsiisI I: 81 4, thi
add the cost handl lina insurance
interest, 81, md sthe prospect remain
good. 1t is also yptokabe that econ
omyFin handling md competition vii
give us better rates than bcretofor
in Chicag5.
NJ