Telegram-herald. ([Grand Rapids, Mich.) 18??-1892, 1889-11-04
TIE OBSERVER


- "a fh AatA Hattt 80 - - ~
bulls base bsea waiting fog lghtef
Hhess receipts 4ad l4rgeg exports.
~ale tie bars have been waiting for
.argeF receipts and lighter exports.
bQlh destructive elements have been
making pre4 lctiogs A. % when each
uold elcar, but there has been 100
l.ll.e besides 9I0bab.llty To base ngares
upon, thal would carry with tham con
hleuee sufficient for fulhllmeAt Oh
either SIDES prediction.
Tie aggregate of arrivals Of wheat al
mills aad elevators during the past
week was larger than darng any PIE
yioas, equal number Of dave ana con-
fusng 70 th3se people looking for All
early decline in the movement. Al
times there was some activity Ia futures
and altogether there has been fair
volume Of trading IA wnea, and Hour
commodities at low prices. December
ranging from 70 % IS cents per bushel
and May SD To 81 cents Cables note
nrmuess IN London with some de
mand ia France, with a heayiaess lot
spot wheat in Liverpool. Alter tAt
temper OF cash wheat had been tested
/ and found pretty good, the feeling ran
higher Tor futures, followed by an al
vance. News from the country shows
active farm deliveries.
Tie New York COmmercial says: Gap
I IA ffI.If A e -.
wheat operators 10 learn, that the tor
| eign estimates OF tine deficiency o.
wheat, or the quantity 10 be require,
/ during a crop year can not be dCpeudel
| upon. \ ear after year, rum after ruin
/ men go On listening 10 these estimates
I GGd rsAng their money upon them
I just rs 4 they had not done the SAINT
I thing with loss often enough TO bcncG
I 10y experience. III any one will tax,
| the trouble TO 90 over the files for ter
/ years past, rating the estimates by tn,
/ best foreign authorities OF probable r.
quirenents IN different countries anC
/ comparing them each year with guam
/ titles actually imported by those cOun
/ tries, the tact will dawn upOn h!m tina
/ sO-called estimates are not merely la
/ BILE TO error, but as a rule exceedingly
/ mistaken and misguiding. 1t would b,
hard 70 find single year in ten IL
/ which any one of these forecasts ha
been fairly answered by actual results
/ Tins Is not because tie estlmatin.
authorities are untruthful, nor bccaust
they Go not try 10 do their best, nor bc
/ cause they lack ability or experience
1t Is simply because the problem con
tains elements which can not bee calcu
lated nj all, but of which the necessary
| tendency is TO defeat all calculation.
/ serious study of these would not Onil
/ relieve many minds from annual dc
ceptiOn, or ruin, but help people to un
derstanG what 10 expect under varlou
circumstances"
There are 4 great many feature
about late reports Of Dakota crops, o
| interest to the public. While the crops
/ We're generally inferior TO last years
there is 4 perceptible increase in tin
total product of nearly all tn
different cereals III every county in tn
state. The total increase in the yelt
OF wheat alone reaches 6,2i5, 245 bushcl
IN round numbers over last wear. q
corn the increase is 1888, 1898 bushels il
round numbers. There were G43, 50
bushels more of barley this year tina
last, and 32I ,7GS bushels more of fax
The only decrease was in the yield 0
oats, which fell 9,159, 81 bushels bclOl
last years product. At average Dulut
prices the total value of the variOu
Dakota cereals this year reaches tn
round sum of S52 ,2S6, 500.
I'm North Dakota, of the thirty-cigl
counties III the State, on Y SIX come II
\ to the general average for the State ]
the production OF wheat-thirtee
bushels per acre. OF fifty counties c
South Dakota thirty-three come up
the general average IN the productlo
OF wheat nine bushels per acre.
What We can gather from Unite
States reports from winter wheat di
tricts in the Central States is that Tn
autumn sOwn wheat, which to n larG
extent had late start, has been d'
cidcdly benefited by recent rains, an
in q general way the outlook Is no
GOOD, the weather continuing fayOrabI
for further advancement OF the plan
and there is no occasion for crOakln
IN regard to possible injury to the Gro
with the advent of severe wlntt
weather. The returns, while not IN
formly suggesting an increase IN arc:
appear to indicate that in winter whe;
States the breadth has been sOmcWh;
enlarged compared with last year.