Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-04-18
FEATURES OF TRADE.
TWine Trust a Worriment to Farm
ers of the Northwest.
FLOUR is QUIET THE WORLD OVER.
Allegheny County Farms Prove to be Bet
ter Investments
THAN CORNER LOTS IN CALIFORNIA
OFFICE OF PITTsBURG DISPATCH, !
WEDNESDAY April II 1870

OFFICE OF PITTsBURG DISPATCH,
WEDNESDAY. April H. 1853.
The Twine Trust appears to be a very
large bone of contention among Northwest
ern millers and farmers. 1t seems that the
effect of the trust has been to evevate prices
about 200 per cent above the prevailing rates of
recent years. and farmers are kicking hard
against this added tax to their sheaves. The
current number of the Minneapolis Miller,
which is the organ of the Northwestern miIlers,
does not see the cloven foot in the Twine Trust
which farmers say is there. The Miller is dis
posed to make light of the farmers grievances,
as appears from the following editorial reiec
tions: Back of the TwIne Trust there is a real
scarcity. AT advanced prices farmers will be
taxed 81 per acre, an addition of 6S cents to
what they have formerly paid. If this advance
has not been caused by a real scarcity there
will be swift and certain recoil."
With the advance in twine the binder be-
comes tax of 81 per acre on the grain fields
OF the land, against 81 cents, the rate for
number of years past.
It appears to be war to the knife between the
farmer and the combination. and from present
outlook somebody will be hurt before an amica-
BILE settlement Will be reached
Wheat and Flour.
From every point of the compass, and from
the most distant trade centers, comes the re.
port of depression in flour markets. This is the
from Europe as well. The export demand for
wheat and -four has disappointed all calcula'
tions of bulls the past winter.
While supplies are below the average in the
Northwest they are sufficiently above the aver
age in foreign lands to prevent exDortations.
The short supply here was worked up by bulls
for all that there was in it, but theseffect was
immensely exaggerated so far as the worlds
markets were concerned, as proved by stubborn
facts
The London correspondent of the Minneapolis
Miller, after stating that wheat and flour mar
kets are greatly depressed, attempts to give a
reason for the depression in the following
terms: First the downward movement of mar
kets tends to decentralization. Second, there is
a lack of confidence in trade circles and this
with financial troubles in France, has caused
holders of cargoes to give way. One of the
weak features of markets this season has been
the light demand for foreign wheat in France"
From Minneapolis comes the report of fur
ther reductions in price of -four, which can
hardly fail to weaken prices here in day or
two. The outside price for spring patents
there at latest accounts was IS IS per barrel
The cost of transportation to this city is 45c per
barrel which brings the cost here to the jobber
Sc %. One of our leading jobbers here on
being interviewed to-day proffered to furnish
IN carlots the best spring patent -four at S. Is
in wood and said he would be glad to see cash
customers ready to pay this figure.
All signs point TO further decline in whole
sale -four rates. But so tar as can be learned
the consumer has thus far reaped no benefit
-four.
Romance of RobinsOn's Run.
Allegheny county farms are better than cor
ner lots in Western cities, as one yeoman has
learned to his cost.
A well established farmer on the south side
of the county few years ago disposed of his
property, and, by happy deal in a California
city of great expectations, made S., 500 in few
weeks. His appetite for Doodle was so whetted
by the lucky hit, which brought him more In a
month than the hard toll of years brought
along the rugged hills of Robinsons run that
he gathered together every possible dollar and
went with his family to the Pacific slope in the
expectation Of independency in year or two
Latest news are to the effect that COLLAPSE
has come to the real estate boom in the city of
great expectations, and that the thousands in
vested appear to be permanently invested.
Corner lots cease to sell. The farmer and
family would be happy if they could now get
their own out of the California investment
and be able TO return to Robinson's Run to
spend the evening of their days with the pro-
ceeds of the old farm intact.