Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1881-03-04
M'ashinotun Standard,
The Wheat Panic.
The scare in san Francisco. aud "a Dis
course Upon the Situation.
=. +. Chronicle, Jan. -.

6ot Wv VI - - oH't AH', "hSh th'
new crop will commence to rer 81
the market In their forh,ighil,
Etricr, Messls. White x L.sSak dis
cou-ce upon the situation as follows
"The difficulty OF shipping his
large quantity is emphasized by many
either though,less!y or with d .,o
tive, and predictions Of the iur e,l
possible piices ale constantly t."-
made with more or less effect Ht
must express surprise at the course
those Interested in the wheat trade
have seen fit to follow in this con.
nection. The tendency seems &c
be to uphold the shipping at The
expense of the wheat interest. /,
other woIds, 10 deploss he plice.
pald Ter tho teieaI, tie money 70!
which reuiaius III CdnlUruia ullu
helps to build up the rosptliry ano
values OF the Sta,e, ard to II fac
freight rates owneI .lmost ex'
clusively aboard at crmpIeto .oss
to ourselves; pitting tIe foreign
shi )-owner against tie CaliIornla
farm er, with the syinpaIhies all il
favor of the former. 1t may he Goa.
coded we had January 1st last, a
surplus of about 500, 900 tons OF
wheat and about 409 600 tots plo,
vided for By shipping in view. This
tonnage consisting o. Vessels IN port
and to arrive, notwithstanding con
slant cleala"cIS, amounting, since
January Isl, 10 so 1876 ton, does not
seem to decrease. The wheat j.io-
dGca ofthe State for &c seas = 1879
81 approximates, 1879, JoJ ,UAs,
r"'ch. at . smalts calculation, W
leave seven dollars per ;oI % ,,,a
IA ner, aggregatinG a. .-... H. +. .
II SlO, 800 600, e.. !" ,l.J .,
y Of these 20O,0 .u.s., l., =.
ried over into he nt; '.,-;.. .,
should not cause i. -i",e =. .l.,5.e
bordering on a pane / mus, IL 80
be borne in mind - '.nr!ng :Hj,
and August Of ..Y r.. aa -. $3.50
and 10000 ton, o: wne It r:-p>c i've:
~, were. tipped il ;.4>e W. months,
because of the latene:s OF the season.
This year the same ne 9 .roioSical
conditions seem TO p:ev.I, and an
other late season may b. rxuected.
Ii so, the same two months OF July
and August may lie utilized in clear
ing up last years surplus, and by
the LIST of September, when ihis
years crop will be ready for flee
shipment, very little. ii any, Of the
wheat which now seems to present
30 threatening appearance, will be
preceptible 10 disturb our ,equanimi-
ty. In addition 20 the foregoing
calculations, we may he sure that
numbers of vessels will reach this
port unexpe ctedly which are not
mentioned in any of the published
lists, attracted by the certainty of
Immediate employment at highly
remunerative rates. We think here
is no reason for any alarm, much
less for panic, as we certainly will
have all the shipping that our facl'-
tiles can handle, and by lext har-
yes; sason these a ter will lie
80 II ceased and the advantages
offel to vessels tf prompt loading
aDd Ugh freights so encouraging
tina - hi JUS will take place at its
cot ...encement as occurred this year.
Farmers should preserve the same
bold front they manifested at the
srly part of the harvest, and by
,.,mbined efforts frown down and
crush any attempt to initiate freights
at their expense. They have the
matter entirely in their power by be-
ing moderate in their demands and
insisting upon tue same treatment
from Others" In addition to the
above, farmers should take into con-
sideration that ship owners will soon
realize the fact that in heading their
ships for San Francisco for the
next Line months they will incur a
minimum of risk. The prospects Of
this years crop are favorable, and ii
is doubtful whether at any time in
the next year there will be tonnage
enough in sight to carry OFT our sur
plus wheat. Whe ship owner there.
fore will not be AT the mercy Of the
freight or wheat spectators, and
will not be forced II '.ivI.~ pru,i ;
by charterlng-to arr NC .,!'au. C
ment.
-----~ -<> r.
APPLE Fool. Peel, core and thin
ly slice some apples of a kind thai
will cool TO soft pulp; put then
in stone jar with sufficient white
sugar to sweeten, ana two table
spoons of water. Place the jar in :
nnnaonnn Of liz. " ta,.... n IL loil 1, n