The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1891-06-12
Rig PRICES SOON.
C. wood Davis Says Wheat Will Soon Be
Worth Two Dollars Per Bushel.

G. Woods Davis lives on a farm in
Sedgwick county. KS, and from his pen
have come several bright articles in the
Forum on agriculture. In the last two
issues of the Arena have appeared arti-
cles from his pen on the naturalization
of railroads. In the next Arena will
appear the third of these articles on a
question in which manp people of the
west are interested.
Mr.. Davis is close student and a
statistician who ranks among the first
and is quoted in recent interview as
saying:
In my view the crop OF wheat in
America will be above the average. the
acreage being 1.5OO, 900 larger than that
of late years. The wheat area in the
world during the eighth decade in
creased y. 900. 600 acres. which was out
of proportion to the increase of popula-
ton. The increase of wheat area be-
ing Is per cent, while the increase in
population was IL per cent: the result
being low prices the world over, de-
pressionrpf all agricultural interests,
stagnatiOn in commercial circles, and
great depreciation in the value of lands
as we'll as an enormous accumulation of
bread stuffs.
During the ninth decade the wheat
area increased but 3,200,0 acres, be-
ing u per cent, while the bread eating
population increased 49, per cent, re-
sulting in late rapid advance in the
price of breadstuffs, and upward tend
encv in the value of land. This dispro-
pOrtionate increase in population and
area devoted to the production of bread
stuff resulted in a wheat area fully
100000 acres below the normal re-
uuirements of the bread eating pcpula-
ton, being equal to shortage from de.
ficient acreage of 100, O00.00 bushels of
wheat per annum, that is increasing at
the rate OF $4,000, 900 bushels yearly. In
addition to this normal shortage OF
10000. 900 bushels, the growing crop
of Europe is now estimated by Euro
pean statisticians at from 100, 900, 900 to
80, 900. 900 bushels below an average,
making the probable entire shortage
anywhere from 250,000.000 to 300, 000,-
600 bushels for the coming cereal year"
GAS TO prices" says Mr.. Davis. 1.-The
probabilities are that the necessities of
the farmers throughout the world will
require them to market large part of
the growing crop 1--WE may say three
fourths thereof during the first half of
the cereal year and this will result in
prices far below what the statistical
situation warrants, but when the pinch
comes, as it most certainly will during
the fourth quarter of the cereal year,
prices will advance rapidly, greatly.
and are likely to reach anywhere from
$3.50 to $500 per brshel in the wheat
producing districts of the United
States.
with such crop as is promised in
the United States we should have 129,-
900, 900 bushels for export, but the short
age of the growing crop in France being
officially estimated at 10000, 600 bushels
and the tropical islands, Central Amer
lea and Eastern Asia annually taking
about 20, 900, 900 bushels of our wheat
we should have but little, if any, more
than enough to make good the deficit
in the French crop, and as all the re-
mainder of Western Europe is certain
to grow crop Is per cent below the
average, it is absolutely certain that
that the product of the coming harvest
will be fully 25O,OOO,OOO bushels below
the worlds needs. All Europe west of
Hungary, even in good years, are i'm
DOrterS of breadStuUS"