Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1888-02-22
elo, Atcr men will be avoided in the future
Several railroads report the number OF
bushels D! wheat carried from Dakota from
Aug. l 10 Nov. Is. 1887. as folloWs:

u
bushels D! wheat carried from Dakota from
Aug. l 10 Nov. Is. 1887, as follows:
Burlington Cedar Rapids Northern 25575o
Chicago, Mil. g. st Paul testimated) 5000 900
Chicago &Northwest ern. q SS2, ,336
Minneapolis a. Pacific. c.............. 218950
Minneapolis & st. Louis. ............... 990, ,5l3
Northern Pacific Sept to Nov. 15,. 9lo, ,254
st. Paul. Minneapolis Manitoba. .B,000,00o
The number of bushels of wheat at pres
ent stored in the elevators and warehouses
cf Dakota is over 2O.0O0.000; add to the
above amount the wheat yet unthrashed
and that stored in private granaries. and
the S,OOO.OO0 bushels necessary for home
consumption and seed for 1888. and 1t
makes 6uO0O,O OOO bushels. a low estimate for
the year 1883. What shall be done to re-
lieve the people of the embarrassment and
loss through wheat blockades ?" is the ques-
tion heard on all sides. During the ship
ping season the large number OF cars OF
wheat from Dakota caused a complete
blockade at Duluth. st. Paul. Minneapolis
and Milwaukee. As one OF the remedies
for like difficulties in the future. the COM
mission recommends that every farmer
who has not q granary of his own build one
before the harvest Of 1888. The material for
a granary capable OF holding two thousand
or more bushels of wheat will cost ut the
rete OF two cents per bushcl--less than the
price paid for storage in one season-and
will serve the farmer q double purpose:
nrst. 1t viii. in measure. Keep the kn6wl.
edge OF the number OF bushels Of Market
able wheat from the speculative members
OF the boards OF trade In eastern wheat
markets and win thus keep the price OF
wheat out OF their control. 1t will also put
a stop TO corner, in wheat,
Second--If ecely Dakota farmer had his
granary he COULD clean his wheat, thus saw
ing the docknCo and the needless charge
for transportation Of the same; his wheat
would be in better condition for the market,
and he could employ the time during the
early fall months occupied in getting 1t to
the markets in preparing the soil for next
seasons crop. While cash wheat for Mo-
vember In Duluth and Chicago has been
quoted at 10 and u cents, the same grade
of wheat for May delivery has sold for So
and ~ cents per bushel The farmers may
urge that pressing obligations with high
rate OF interest compel them to rush the
bulk OF their wheat to market within sixty
or ninety days after harvest. but such ,.c-
ton places them at the mercy Of the wheat
dealer, who can buy the same grade OF
wheat In q glutted market for ID to Is
cents per bushel less than he could six
months hence. Which is the greater saerf-
flee, 10 per cent. per annum on borrowed
capital. or 30 and 40 per cent. that he loses
on the price of his wheat i'm an overstocked
market? The commission does not wish
to be understood as advising the farmer or
any other person to take chances on the fu-
ture price OF wheat but it does desire that
the farmers OF this territory should receive
every cent for their wheat to which they
are justly entitled. A general system Of
private granaries would enable the farmer
to place his wheat on the market so grad
ually that wheat dealers would have pur-
chasers at his doors. instead OF his being
obliged tr beg elevator men and railroads
to take his grain. Wheat raising would
then he on profitable basis. The commits
sion believes that II this course should be
adopted 1t would advance the price OF
every bushel of wheat i'm Dakota at least
10 cents per bushcl--a saving Of millions of
dollars to the farming class.