Southern standard. (McMinnville, Tenn.) 1879-current, 1882-11-25
Prospects of Prices for Wheat.
Country Gentleman.

Chamberlain, secretary Of the Ohio
State Board Of Agriculture. He takes
certain positions which, as we under
stand them, are substantially the fol-
lowing, and which we take pleasure
in bringing to the notice of our read
ers:
l. The average annual export price
of wheat in New York for fifteen
years has-been sl.3os per bushel. In
no one year has wheat failed to sell in
Chicago for q considerable portion of
the year above 81, and in nearly every
year for over S1.l5. He thinks I'M
likely that this year will prove an ex-
ception, and that it is folly for Ohio
farmers to let their crop go now at 95
cents or dollar.
2. The average price of wheat du
ring the Is years has been higher in
the second half of the crop.year than
in the first half. The current year is
considered unlikely to prove an excep
ton to its predecessors.
3. The wheat crop of 1882 Mr..
Chamberlain estimates to be no larger
in proportion to acreage, population and
export demand than that of either of
the four years 1877 to 1880 inclusive,
while the crop of 1881 was sold off
closer than was the case in either of
these years Mr.. G. writes:
The immense crop of 1879, with its
great surplus, was followed by the
still larger one of 1880 The two
largest crops in our history thus joined
hands to give the largest export sur
plus by far ever known in our history.
"Now assuredly," every one said.
wheat must rule very low for full
year" 1t started July 1st, 1880,
in Chicago at S68 cents, and averaged
only 80 cents for four full months, but
began to crawl up slowly, slowly
through FIVE full months more; but
before the new crop of 1881 was ready
i for the market whaat- --tannhAS--S1 .21-
and before Oct 1st it touched Sl.41.
x x = The facts are just as clear
t now, though of a different kind and
: not SO strong, and my "OpiniOn" is just
, as positive that there will be an ad
vance, though not so rapid or so large,
r unless next year should have as short
2 a crop as 1881, and then the fina
y price will run higher, since we mus
e then have less old stock on hand thar
}, in 1881.
e A. Increase of population and o
o acreage requiring seed should them
T. selves take our whole crop of 1882, a
|. fair prices.
|. 5. There is a reduction of wheat sur
W plus in the exporting countries of Eu
}. rope and Asia.
d 6. The wheat crop of the Unitet
,r States in 1882 has been largely over
Ne stated. We do not gather exact
De what Mr.. Chamberlain puts it at, bu
lie he seems to adopt statement quote
4, from the U. S. Commissioner of Ayr
lie culture that "the surplus cannot niue
le exceed 200, 900, 900, and one-sixth
I'd that will be required to restore to ave
IS rage fullness the local stocks and ia
II. mers' surplus which were reduced I
lg the close of the crop year as never b
ep fore"
ht 7. We copy this paragraph in full
ur Wheat is now lower relatively thS
ne almost any other food product of e
sh tensive human use. THIS will newt
h. bly, increase the consumption of whe
I'D and tend to advance the price. net
nd not prove that it is lower, everyboC
On knows it who can remember ba,
he thirty, or even ten years. Thir
ar years ago or so, when wheat averag
nd about dollar in Ohio, butter averag
IRE 10 cents, eggs 10 cents, potatoes
cents, apples % cents, beefsteak,
Dse tail, 5 cents, lard cents, ham 8 cen
INT and so on. Since the war, but befC
OF gold reached par, when butter was
is cents, eggs % cents, &C., as at presel
a wheat ran up to 50, $3.50, and ev
CHI 50 80, May, 1867. These facts "a
ly' more might be given, seem to me
lies indicate a considerable advance
lily wheat prices before another harve
Will But each must examine the facts q
make up his mind for himself.
our
dry "Spare my child spare my child
the cries the mother, when too late c
,ho box of DR.. Mofett's Teeehina (Tee
'"0 mo pnUdersl would have saved