Rocky Mountain husbandman. [volume] (Diamond City, Mont.) 1875-1943, 1884-10-09

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probably it will be lower for the week now
closing. Such low average has never
been previously recorded. The nearest ap-
proach to it was the average for one week
In the autumn of 1851, namely, 35s. Cd.
Going further back it is found that the low
est price during the first half o; the present
century was 36>. Sd. Such low prices, or
anything like them. have been extremely
rare, and never lasted long but for. my
part, have no hope of Improvement on
present prices during the winter. Yester-
day at Mark Lane tine, dry English red
wheat, guaranteed to weigh sixty-tour
pounds per bushel, was sold at 34s. a quar-
ter delivered in London, and in country
markets similar wheat weighing sixty-three
pounds per bushel, has been given away for
3Os. "a quarter. AS tor foreign wheat. arri-
walls are heavy, and buyers have the upper
hand. For No. red winter. of fair average
qualitt. 3ls. Cd. c. l. f., shipped or shipping
was accepted on Friday-only Is. Gid. per
quarter more..than it was worht at New York
on the same day, reckoning the dollar as
equivalent to 4s. For Australian 34s. Cd.
off coast, was accepted for an average SAM
pie, and 34s. Sd. on passage from bill of lad
ing. The best sample of Australian l have
seer this year Gt is not so fine as it was last
Year, was sold at 36s. 3d., delivered in Lon
don. "Far ordinary best'' New Zealand
long berry was 35s. in bulk, and round berry
32s to 33s., while cargo out of condition
was sold at 2Ss These prices are quoted as
examples of the depression in trade. Eng
lish tarmers cannot grow wheat at anything
like such prices, and | do not believe that
farmers in any part of the world can either.
1t is supposed that the ryots of India can
lick creation in cheap wheat production;
but according to DR.. Hunter, whose evidence
before the Indian Railways Committee was
recently given in Bradstreet's. they require
price equivalent to As. in London Gnstead
of 29s. to 35s., the present range OF prices
for Indian wheat) to induce them to extend
the area of cultivation.
AS to future prices, | have no faith in
what is said as to farmers holding wheat or
spectators cornering it. 1t is too abund-
antly spread over the world tor the latter.
and farmers here. at any rate, cannot hold
wh"at. The surplus in the United states is
sumption of the United Kingdom, and We
can do with less than half of it, as Russia
has heavy stocks of old wheat. India has an
average crop, and Australasia is sending US
more than usual. According to the volume
on the crops of the northern hemisphere,
just issued by M. Estienne, of Marselles, the
wheat crop is above average, or at least av-
erage. in every exporting country, and in
most important countries too. The only
hope see of keeping prices up to their pres
ent level is in the wholesale feeding of stock
with wheat, now by tal the cheapest OF all
cattle foods in proportion to feeding value.
Here, at current prices, ton of wheat is
only l2s, more than ton of maize, and only
lbs. Id more than ton of undecorticated
cotton cake. The excess in the feeding
value of wheat is, of course, very much
greater than these small differences. From
several parts of England hear of farmers
threatening to feed all their wheat rather
than sell at present prices. There is, how
ever, .one ridiculous obsticle in the way.
Under the Agricultural Holdings act ten
ants are entitled to compensation tor pur-
chased feeding stutfs only, and if farmer
feeds his white wheat crop on the land he
will not be entitled to compensation if he
quits. Therefore il farmers decide to feed
Nyhn thayy Wi n r0 nrh hn
farce of selling to each other, and then each
will have claim to compensation tor the
use of purchased feeding stuff" In all
probability, however. the bulk of the Eng
lish crop will tind its way into the markets,
and that very soon, as nine out of ten far
mers here are short of money"
RASPBERRY CULTURE.