, 1877-08-13

Tl,csu figures, showing thnt tho four Stltca
aforementioned will hayu bny G1,00O,N0 busl,-
Ella more wheat 10 sell than they lad last year,
may be ruled upon ~ bctn. US near correct rs
thu very best Information cah make them. They
ars made ,nainy fun tho srports an1 rstt-
mates Ut the Nut!onal Agricultural Bnrcau, md
confirmed (as 10 the yield per asrc) by thu OBJ
scrvat!ou Ut trustworthy men Of this city who
havu recently Visited nll tho Statcs mentioned.
In Minnesota, for instance, the acrcayo OF tho
threu years Ia known tn b. about u follows:
1875, 1.7G ON acres; 1870, l,s7s 900 acres; 1ss7,
1,MO,0U0 acrcs. Thu fact HOW fully rstahlislch
VI the great yield rcr acre this ycar oyer last,
even ls75, ronf1rIne the estimate OF hh0 ON
nuahels arainst unly IT, 000, ,W9 last year. Fur the
othcr three Htutes tho estimates ar0 equally
Trustworthy.
We t,ay mention incidentally that tho aggre-
gute wheat crops OF Michigan, Indiana, Ohio,
Kentucky, mud Tennessee will exceed tho ag-
grcgatc of last year by probably q, ,oo0, 900 To
a0,00o, 600 bushels. aud that thu crop in Catfor-
n!u will full probably L, ,000, ,O bushels short uf
lxtrlu ~ tu!tc !nto consideration tho wheat SUP
ply Ut tho world, nor Dyen Ut tlc whole United
blates. but tu cont!hu the observations to the
tstt!tory trb9utaary IT, chlcago VIII vic% m !"
trAde nf this city, and thclr ultimate cnccts 0n
it, tra.1c md rcal-estato interests. In thta view
VI the GAse, assuming that tlt farmers will sell
their wheat freely at W gents lta ths country,
1as1ners will receive thccuor,Hous sim Ut nearly
gtK million dotarS t.sore jor Their ta!est-enot u
lsl7 Mah nty aM for Hai u ls:B, or
!oreseca contingencies. let u estimate that
They receive u, iltcrcayc Of say 75 per cent itl
M9ney value over last year.
Now 1et my ons extend these estlnlates-
uakllsR allowance for I'LL rontiugcnCies-to The
other eroIs,-eorll, oats, patntncs, loss. cattle,
ce., aud II ls difficult to arrlyv ut any e.!ncln-
slol tlat WI ii"t give tue fartncFsof THO North
u5ps Ut thla year thsn for tli.,sc Of last ycur
ana, coming now finally to the point ri which
w hare becn a!ts.lne, viz; It's clTest on tie
tfuds VI Chicago, ean Il bc doubted that this
srrase the whoIe tsndo Of GAicago tits fall In
tl4t tAue Fataua
hut NOW let Us turn to that other equally i'm
poftaht elewent ol thIca.u's prosperity,
THR LuuuEH TRADE
This, 1t Il true, ID not In quito 10 promising
condition Us the grain tradc, but rcccutlY some
farts have bccomt apparent which do ptomise
chungo for tile better.
Owing partly to excessive competition anoug
lumber manufacturers alt purity to the di1s,lu-
ishet ability Of thu iarmcrs to bur last year,
luu,ber has been, and u even yet, selling iu this
market ttfow he cut " production.
but within the Inst fcw weeks 1t haa become
apparens that now and exceptional feature In
the lumber supply OF the Northwest Will cut M
Important figure Ip turulDg moro lumber
tsnis u chivago than fos several years
past. This feature Is tho established
Il that the Upper Mississippi lumber srgion
will not he ahls to furnish its usual supply 10
the dealers along tho Mississippi from Dubuque
tQ IT. Louls. Tho lumber-iea'crs Of that
frStou have, after great deal Of careful calsu-
laiioi, settled down 10 thu conclusion that tue
supply of pius iozs frum the Upper Mississippi
tnorth oI MiuneapollS) tho st. Cruix, tue Cttp.
pexay. and Btaek Rivers will b., say Go0, ,0oo, ,oo0
fces short Of shs supply Of last year tsomc estl-
mates, lutlesu, make 1t oxer 7D,eD,0 ,0uO fretl
IhA shpr.age Is caus4u by dellclclcy Ut water
taAt spltn. III Ill The aforementioned rivers tO
aoat lle logs out fEuM the p!neres. Tlc toRs
"sfe tut last w!utcr to ~ lal9c an s1trut
~ usaal, Tut owing ~ thp small
1Vluue VI water u tic xttoams q