St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-12-24


From this 10 viii be seen that
yesterday the close was sc above what Il was a
week ago. Toe highest close was on Monday,
72he, and the lowest 70ac. on "wednesday. the
18th. THERE'S no doubt Of ere thing and that
j. that there Is an immense quantity Of wheat in
the grznaries OF the world and that there win De
YER larre quantity uneonsumed wien tie next
crop is ready FOR the mArkei is a superstition
which hardly be called supposition ~ all In
this connection perhaps the following communi-
calion from a gentleman. who has thOu ht the
matter over carefully, upon the production OF the
northwest will rot be without interest 10 many
readers. Grain for sowing seems 10 have been
left out OF the calculation; the Quantities and es-
Inmates will be referred 10 a. fa;ars time:
st. PAUL, Dec CIV b. Wilcockson ESQ.
Dear Sir: have been figuring on the wheat cit
ustion In the northwest, ana in connection there
- b hand you statement with bis, thinking
that u might suggest 10 you basis for slate
Incnt for publication in the GLOBE Of some in
poriaaee as 10 the wheat production In Minnesota
ana Dakota Of last harvest. Ny own opinion Is
that u exceeded .O,UOU,OOJ bushels. From q
few facts. ! AN inciincd ~ believe that my esii-
mate Of Old wheat Oh hand AZ b. EsesI time i too
low. Two or three OF the largest Minneapolis
milling frnls GAINED 10 have had stock Of old
heat on hand Sufficient 10 carry them we'll
through the month u October. In addition 10
the very many crops Of Odd wheat that We pur-
chased from farmers whO had held over
their entire productions. hundreds OF
thousands OF bushels stored az elevators IN
different parts Of the state were offered IS
which Ne did not purchase. Frequent offerings
Of u heat from NeDrssks aud Iowa this season.
were made 10 U.s. In 1873 We know that large
Quantities Of wheat we're shipped 10 Duluth
from The above states. and believe this MAS
done the present season. matter easily investi-
gSteo- The amount estimated a. being received
into Minnesota from Wisconsin h. undoubtedly
low. in the estimates Of disposition for the
year, have given what ! consider outside
amounts Iou " course. have access 10 proper
thaEnels Tor informa;iOn respecting each esti-
male. As some rather interesting results seem
20 come from = careful estimate Of the situa ion
was induced 20 thus take the liberty OF calling
your attention 10 the matter Should ,our con
elusion older materially from mine. please retain
the enclosed for future reference Yours truly,
< r. SNITH.
Estimates as TO the situation in wneat in the
northwest, January l. 1855.
REsoURcEs.
Bushels
Crops Of Minnesota and Dakota, 1854 IS. 900. COO
Surplus Of crop OF 1858, above states
on hand Al time OF lat harvest. 600, 900
Wheat received into Minnesota at Dn-
luth and elsewhere, from Nebraska
and lowa ftill sept. !, iSs5, ...... 1000, 600
Wheat received into Minnesota from
the western border Of Wisconsin (till
sept ], 1855. ACKNOWLEDGEMENTS. ZOO. 900
Total.................... $4,000 900
DIsFosITIos.
Bushels.
Received at Duluth since
harvest. 1900
Ground ~ Minneapolis, 100
days.....-........... 100000
Ground al outside Mime
sofa mills. lOO days.. 10000 coo
shipped 10 Chicago, Mil
waukee and elsewhere,
100 days.....-......... 100000 $4,000. 900
Surplus on hand Jan.I IS. 5000 600
Estimate OF disposition OF surplus from Jan
!, 1855, 10 sept /, 1855:
Bushels.
For grinding ct Mime
apolis. 40 days. .Is,UOO,O 900
For grinding outside Min.
nesota mills. 201 days. 6,OOO,OO0
Receipts at Duluth from
opening OF navigation. 100000
Direct shipments to Chi
cago. Milwaukee and
elsewhere 1900. 100000 100000
Surplus on hid AZ next hart 10 o,io OOo