The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-08-07

The Nsw YORK. Eks discussss the pffce
q vhess, nov lower than g has besn
since i-ss. and finds that this Low rate 70
due 70 shs pAsnomenal haryests OF ls0l
and isps which have Len large surplus.
In 1855 the Uaissd States produced ID
bushei. IL wheas for each unit Of the popu-
iation. In $50 che quantity grown vas
equal Ia SIS bushels PER capita In 1870 Is
VAS sqss.l TO 81 bushels. and In 1850 It had
Increase. to 80 bushels: yet in iss0 II had
deciinee to ~ bushels. and in 1883 10
likely Ia fall belos Sc bushels pr eaptta.
n such Is the result Of this years harvsst,
IL will 80 more than meet domestic ~
quiremssts. and the exports ~ make
must b. derived from she largo stocks now
IN stofs. The Sps sau:
"As sns ten preceding crops 81 the
United sststes-haFvsstsd from areas some
what greatef-avssaeed bus 10000. 600
bushels, the crops Of lsei and lS02 snabisd
M TO ssrow upon the markets IN extra
ordinasx contribution Of 3s3.000. 900
busheis. and supplies from other sources
being scr the two pears quite mp 70 the
average the consuming element Was I'M
scls e .o.orb such N sxesss: The r .s.s, !
harvess year With IN apparent reserve Of
il0.oootko bushels. Being concentrated
TO an anuaual sxtsnt In the hands OF
Dealers. who 6nd IL di6Beuit % borrow
upon Il. this reserve has cxsrted and con.
tinuss 20 exert . very depressine effect
upon r,ices already demofalised BY the
plsthcfs Of the last two years. The con-
level snat no living man has known.
''Sus5. acreage yields from American
fields sssing hitherto unknown. Il may be
assumed that they viii bus rarely 10 re-
peatcd and the worlds wheat area. with
average yields, being nov deficient ny
more sisan 1000. 600 acres. an average har-
vest via produces bus 2. ~, 0oO, 900 bushels,
000. anss auRmenting at tho rate OF more
than -. s00.0 600 bushels per annum--the
equiva:sDs Of 2. 500. 900 new acres. There
fore, We may expeCt prices 20 advance 20 .
remuf.erative level just - soon ~ exist
ing reserves shall have bssn consumed.
. continuance Of their remuneratiye char
acter IS practically assured BY the prob
ability shas such additions - are made to
the w.seat-bsaring area IN the Balkan
statos and South America Will be moro
than seutralised by acreage lossss In West
srn Essope and America"
The sheat growing area in America 10
steadily decreasing. while the incfesss in
South Amsries and British Columbia 10
not eoasidsssble. The public land that
remaisss 10 b taken mp IL not whsat land.
Yaki.ss county. In this state, has just sur
psised ~ by claiming TO b the chief hop
county Of the STATE. and the Palouss farm
ere arc beginning 70 plant hops. All the
papers in Eastern Washington are urging
the fasnsss TO raise not whsst slone. but
fruit. aogs and dairy products Certainly
the wf,eat area will not b increased in
this ssase. just now Il pays better to ship
hay IL Europe than wheat.
The season has reached point where it
can sss said that the wheat crop in the
United States will fall short, few states
doing 90 we'll - Washington. II Il be
true. ~ the New York Sun says, that the
harvsss will yield only enough for home
consumption. the surplus from last year
will aoon Be disposed Of. and prices will
advanes more rapidly than they fell. The
weekly exports from this country during
the last two weeks Of July averaged
5000, go bushels. 1t IL not surprising that
the fasmcrs declare they will not throw
the ms crop on the market, but wait Cor
bettey prices,