Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1891-09-18
say Twin be sl.so.

The Farmers Alliance leaders in Min.
nesota and North and South Dakota
have resolved up,n another attempt 70
stop the tremendous flow Of wheat to
the markets The receipts In Minneap-
oils and Duluth for the last week have
run from 500 to $500 cars every day,
and tho price Of December wheat has
dropped 70 9OA ccnts IN Minneapolis.
Al this rate Of sale and delivery the
Alliance people assert that the $50, OG0, :
600 bushels Of wheat In the No. hard
belt will be out of the farmers hands
before Jan. l. and their haste will drive
tho price back TO 80 cents Tho ALI
an therefore began tho mailing from
Its st Paul headquarters Of million Of
letters to the farmers calling : halt Ill
A'ong the line The letter states the
new Wheat Growers Association and
the Alliance secretaries oil over the
country are unanimous inst wheat 10
bound to sell as hig a. 81. so and possl-
bly, s2 Per bushel, and thcy are unani-
nous In this warning to the farme not
to sacrifice their wheat and givo the
speculators oil the profit there 10 In 1t
The letter says the crop 10 being greatly
overes'imated by the newspapers and
grain dealers, and continues:
"Ne do not believe ma'Ority OF the
farmers are foolish enough to cooperate
with the spcculators to depress prices
further. There Is no question but pr COS
will take turn upward The shortage
In Europe can now be figured with
accuracy. About week ago congress
Of grain-dealers from oil parts OF Europe
met at Vienna, Austria, and computed
figures about the crops In Europe
The se figures are the highest which
wcll-'nformed reputable men could fur
nfsh, for, II In famine year like this
they shOnld give for the crop Of any
one country lower figures than circum.
stances justified, the government OF that
country would certainly demonstrate. It
Is surely the policy of Europeans not
to exaggerate their Disaster. The
figures OF tho Vienna Congress show
that Europe raised 25s, 600, COO bushels
OF wheat and 400, COO, ,O0O bushels Of
rye less than last year. Last year Il
consumed all Of Its own wheat crop and
Ut least SO, OGO, 600 of reserves, / o, 90 =
coo bushels imported from America, I'll
that other countries could supply, and
al fts rye crop This year ft viii have
from America la ,GO3,t 90 bushels more
than last, II We take the extreme figures
which any reputable authority hes made
for our really splendid crop.
at will have as usual what otheI
countries supply, which is insigniKcant
bnt II will have 74s, OOO, ,OOD bushels lesl
OF Its own crop and 81, 90, 900 busheli
less TO draw from reserves. In short
II will have 100000 Coz bushels extrl
from America to make up defc.enc!
OF 1850 O,0Or, and must consequent.
eat o7S. O0O, 600 bushels less grain.
Rye being dearcr Ia Europe thai
wheat. the latter becomes . substitute
and Is elually affected by deficiency Ii
rye or wheat supply When II 10 entirel
certain that Europeans win have 4
economize In bread TO the extent Of 676,
OJO,OOo bushelA and when the situatiol
is aggravated BY tho partial failure o
the potato crop, It II to b consideres
what prices they would pay for Ameri
can wheat The shortage in Europe BE-
ing four times - large as the American
surplus. there is no doubt that tho pric,
Of wheat will reach the highest fgur,
ever known before this year 10 up AMI
will exceed II BY far before the new crop
como In.
wheat will soon b over u. 80, NO mat
tor how much farmers and speculator
work together TO keep prices down, IN
We would advise those who can cOmpre
hend the situation 10 hold their whea
for 81. 80 and add for every month tho,
keep II say ave cents 70 the prico. Holl
your wheat You cannot get left
INDrCArroNs o. 4 MIG wAn.
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