New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-11-23
LOW RATES FOR BIG CROPS.
WHEAT GROWERS AND COTTON PLANT
Frs IN DESPAIR.


SION in all civilized countries Il is universally rec
ocnized that the wheat growers and cotton planters
IF the United States are now in most unfortunate
condition. since at the prevailing prices hundreds OF
thousands Of them are unable 10 make any pront
whatever, or even TO get back what they nave
been obliged spend In order 10 produce their crops
~ cotton and wheat. The Western wheat growers
are using immense quantities OF wheat which they
cannot sell. except at loss. for the feeding of
pi,. and of other animals. stu they find that the
rcturus which they receive from the animals 50
fed are almost "a unsatisfactory in thes" days rs
the returns from selling their wheat directly at
loss.
Newspapers a.. over Am RIGA ana IN oth'r c"u'-
tries are printing articles about the appalling 'e-
pres sion I'm The prices Of wheat ana cotton me
prospect for the cotton planters appears to b" even
l,rlor and more dismal Than that for the wheat
grower As The Tribune has pointed ont repeat
odly cotton planters who gre fortunate enough 10
own rlch bottom lands IN the Southern states can
still make a small rroht. or at least escape WIN
out serious loss selling their cotton ~ TN" pres
en-; five cents pound rate. ON these rch "''''"
lands they arc not compelled to use great quaint
tics of expensive fertilizers. Then. too there are
,rr. areas in Texas where the climate and the
other conditions affecting the growing of cotton are
so exceptionally favorable that tn" planter u''S
not suffer any serious loss with cotton ~ hVc cents
q, Mound But tho pligh, cf the great majority 81
Southern cotton Planters who grow uplanH '''''"
and The great bulk Of the southern cotton crop
j., made NJ of upland cotton is indeed di-'r'-@'G'
These planters arc competed to use larg" quaint
Tics Of extensive fertilizers I'm order to rise cotton
a. all They arc npT almost in despair. ana every
lav makes the outlook more gloomy ana ca'aml-
tous in their eyes.
with cotton at ; cents pound. a lower hgur'
than the actual expense of producing IT Oh inv
southern upiands. how can the Southern '"''""
planters possibly buy tho fertilizer. ahso"''V III
iispen.sble for producing tho cotton crop ~ lN"!
Moreover the cotton planter cannot eat any "i 'lS
cotton. and cannot feed It To- animals. "hl' INC
Western wheat grower can consume a part 'i me
wheat which hc produce. and feed part ~ '''''
II II 70 hogs and other animals. II Is Az "h''""'
fact. which nobody disputes. that the Western
neat grower could oaiain great teal better prices
for his hogs and ht, clti~. while ne Eastern CON
SINNER and tn. foreign consumer coud obtain thrr
pork beef and other animal food az nuch !'"''
prices than those which now exist were II not tnt
enormous trusts and combinations beat down me
price. maid To- tho breeder 90 the cttfir am W.
lisci ~ the hogs. Will" They puii'r We ~" u.
and foreign consumers hy putting "NC"slV" rt, ~,
the pork and other animal food which ar sent nom
the West Thc margin between IN" am M. A..n
ranches and 10 the Western rais"rs 81 hogs ana
ihr prices which III" Eastern consumer: ~ .'"-
',r Wr.fern bet Western pork stern bacon and
other animal food b. Iep'"rabN lais, iN,,F ,.'
Il
is.ous,y powerful. rings ~ me sr'ai ~ ,,.,S.
trusts and corhina.'ns ~ cspitAi.-,-. ~,
Inc rrces pad f1r beef 'hc far hes ana i'f h.t-
1n he farm. while they 'Nat t' 40 hnrca-'nan'"
arl oppressive extent The price. charger - t"f
Eastern c'h-uin'I~
BELOW NE ''HI w ii''l''
Altogether the future is covered with dark clouds
,or Western whoa, rr,aers cattle breeders and hos
ialsers But tie prospect for the cotton p'Hi'''
seem, 20 Dc the darkest = all The prices for cot
tan In Ilyerp.ol In Ncw-York and 10 the other
great cotton markets ~ me "''h nave NO." '
for A long series ~ weeks actually below tn co-i
~ ''H , -. ,h.r. ,,,. hoo, times
During the last three months ther' h"'' wv" '''''
., h,.L ao,tn 4 great
"h"'' DIX l' mas r''" '"~-' ga - .,'t b.,
many p''I'' ID Ehs''+Y. ~ ~" ~, -,,,n.,~ t.
l,.. t.at ih. p,.c., which have prevailed for rplani
w rr con.ur.er- e,t ~ sreni hrncnt
when he prices 90 ~n"at ana cotton are !el ',.'r
10 q, uiN - "'' - 80 ,r. ,.v .,.ir.,
p 'l', ' ' ir.,l as H., t.i4 ~fci, he prize
u wheat W. very much higher than 81 IS NV inr
Pa gna-,i 90 r,.i9" .'o'I .n .r Amer, 20
49,, , ,ti, ..,,,n,, g,,l. ycrt much lover tnan
hey sl' them when fh- price ~ upland cotton Wa
ana . cents ID pound higher IMAM % D. no"
l. hds been suggested ln many 81 il' 81 49,
which have appeared 10 90" newspapers "H ''t"
sides u the Atlantic mat the price OF cotton WIS
i4y IL was suggested that when th" price Of =
great staple Ike cD't.n was for long tii"r p'IoN
uust Inevitably rise abDy" The cost of proiuctlpn
Moreover 1t was argued tina colt "a ~as very d'1ri
.if from wheat. because 10 al nos d"irrloTht' VII"
age and could b~ .pt Tor any number OF year,
without loss 81 dcthaI. intrinsic th'N"- Nv ne
less tnrs" arguments nave not hioH4ht az '", h"S
important advance 10 IN Pre-" p' C"itoH ~ I'N,i
pool IN NewYork and in the southern states. An
.u0rmous army II farmers ami Wncai-grDWrrs IN
the West and Of cotton planters Ia the South take
,be rosiion mat the prices OF wheat and Of cotton
vouid not be- So unnaturaily. excessively and UNI
ra ,hly l,w a. they are at present II great
bnaions Of capitalists were not interested IN de-
pres ding IN, market. These wheat growers 1Ai COT
tou-ulant,rs admit that the wheat crop AMI the
c,f ON crop OF the world are both enormous this
y. ar They do not admit. ncyer. that the ire
rncndous wheat crop and cotton crop % the wOrlI
arr. 50 stupendrIsly excessive In volume, cOl)s-
sally above the Demands Of consumption that the
trlce- M wheat and cotton would Prevail
tor IN. ntpe or.r,ii,us az H.. A..
-,
'''H
pEU%IcIDTS ACTIVITY OF THE BEARS
These wheat growers ana ltOh-p!dnicfs say mat