The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-04-27
SOME ESTIMATES AS TO WHEAT.

Rock ISLAND, March 4.-You have
published in the commercial columns OF
your paper SO many estimates IN regard
to the future Of wheat that / feel ia
duced to give you the following iteuss,
which may De Of interest to many OF
your readers:
In looking over the daily Chicago
Board OF Trade Circular, find that the
receipts OF wheat in Chicago from the Isl
OF September last to the 10Th ult. have
been very near to 12,5U0,UO bushels,
and the receipts OF -four from the 10th OF
September TO the same time equal to
100000 bushels Counting barrel of
flour equal to i've bushels of wneat).
The receipts OF wheat IN Milwaukee, az
cordlng to the same market reports,
were, from the 10th OF September t. the
29th ult., 14,5UO, 600 bushels (this does
not include the tiour), which makes it a
total OF 33,OoO.OOO bushels. Aside of
this, large amount OF wheat and flour
has gone forward during the same time
via Duluth. and around Chicago via
Joliet. Peoria, ETC., as we'll as flour re-
celved in Milwaukee By rail and shipped
by lake, which does not figure in the re-
ceipts at Chicago. have no means OF
getting at the accurate amount oil such
| shipments, but should think that 1000
600 bushels would not be too high an es-
innate, which would make it grand TO-
tai Of AZ, GOO, 900 bushels. In arriving at
crop vi spring wheat, l will take the Ag-
riculturM Bureau in Washington as au-
thoritY, according to which 10000 900
bushels are an average crop OF wheat OF
the United States, and 80 per cent. OF it
spring wheat. This will give "a, 5OO, 900
bushels, from which IA per cent. should
be- deducted tor the deficiency in quality
ii not In quantity, or l3,O0O,UO0 bushels,
which leaves 81, 100000 bushels. That
this deduction is very near correct have
no doubt, because l find that, from the
LIST OF September to the z9th uls., Chica-
20 alone has received about 5000 car
load Of rejected and understandable
wheat. which is worth little or nothing
ior Touring, not to speak OF No. 3, from
| which the yield OF flour is only light.
Besides. IL Illinois and parts OF Iowa,
where the farmers have raised poor wheat
only. and where they will use the same
for seed, an extra amount will be needed
|
bushels OF wheat requires, at ID bushels
per acre, 6,250,O acres. and lO, 00O,-
QUO bushels OF seed wheat. The consump-
tive demand OF the spring wheat grow
ing states lesiimate Judging by its pop
ulauon) ut "a 500, 900 bushels per year,
which amounts with the seed wheat to
34,5O0,000 bushels, and would leave
available for export (dedueting from
81 ,5OO,OO0) II 100000 bushels yet in
farmers hands, Country stations 900
coo bushels, all OF which will be needed
by the mills throughout the Northwest
tor the remaining halt crop year
When L consider that the receipts oil
wheat and -four in Milwaukee and Chi
cage combined have been not tar from
100000 bushels Tor each IF the last tive
, months, and nave rot revealed the stock:
i'll sight. which means that most OF TIM.
amount has been consumed, and that ID.
consumption OF spring wheat by the win
! ter wheat growing states will this year
without doubt, constantly increase, it il
NV opinion that ne will have little OF
nothing TO spare, aud as it is stated tha
i the United Kingdom will require We
ABOUT 25.0OJ, Ou0 bushels Of foreign
i wheat, higher prices must prevail
II There has been. am told. In Mime
sofa. Wisconsin and Northern Iowa, lit
tie ii any old wheat held over. owing e
! the magnificent crop prospects in thos,
regions, and before concluding will ye
mention that new spring wheat has ar
/ rived in Chicago already before the Is
) OF September, as the market reports vii
+, show.
= should like TO hear comments on an
4 estimates.
o Very respectfully.
. GRAM-DEALKR.