Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1894-07-07
icousUMcAtEni
BUYING AND SELLING.

AZ nus NlAHN NNNA ANtAAhah'N
whenever a crop OF atty kind oomes
into the market or is about TO do ~,
there Is Ia the trade generally an effort
made to discount the value Of that
commodity W ariicic. Every prospect
Of abundance is exaggerated, demand
IL undoftsllmatcd and ia tho season
thereof everything Is down at the low
est ebb ~ TO price. Government re-
ports, which should DO impartial 10 be
Of value, seem At tlnes % ho mtnipu'
lsteI In the Interest Of tome
ring or clique, and statistics
mean one thing while express.
Ing another, and now and then
they are very wide Of the mark, aud
consequently DO not steady the trade,
10 was intended when introduced.
Consumption Of all staples Is approNi'
mately known, foreign demand for a..
licles OF export eau 10 somewhat
guag,d, aud II the statistics Of the pro.
duc.ion u this country were
% Trustworthy as European
estimates, the producer would be lees At
the mercy Of rinss than he Ia ut
present.
Tits, however, would not Answo,
the spseulator. The legitimate trader
would be all right; but there would be
bat little proveudsr for either FOULS Of
oears;" "long OF short buying" which
IL practical gambling, woulI be- as uu-
common IA II 10 illegal, anu that vast
horde who msks or mar our general
markets, would DO ousted from the
mafls of exchange, Until the natural
law Of supply anu demand would 10.
terpret values without fraud or favor
Whether the article prodncei Is wool,
wheat, ooru, cotton, sugar, fruit,
potatoes, porh or beef, every statement
made when such crop IL just maturing
should DO taken with allowance; and
wherever possible the rushing OF such
produce into market should be avoided
II It can be done, for undue supply In
and Of itself affects local prices oven
when a uHilon's price sliiivns tho ether
way.
Years ago when In Utah STOCK
used TO be driven up In the fail, prices
were exceedingly low, while 10 Fet-
ruary or Muron the advance was quits
for farmers who had learned
10 hold on anu feed, although they were
.ew and TAT be,wosnl To-day, spite Of
lur ofeamorlul, butter l. low IN price
because everyone wants 10 sell, anu
very pound IL impaIiently placed
,pou the market, because there Is an
inability or indispoailion to care for the |
urplus until the market price la
winter would be noariy double what 70
snow. Potatoes are rushed into the
market eafly IN the fall, partly from
necessity, real or otherwise, but they,
% rule, viii pay for holding, aud
lso for the extra labor needed to pre-
etye. Dried fruit, the best Of which
Ones from Dixie, ana is earliest IN the
market, most generally advances after
no FIRST shipments have been disposed
fatan uuremuuefallye price.
iiproduoe In the m lin could DO con.
rolled Tor the producer, II would be
cry desirable change. To be- sure,
lmo products are more easily handled
han other, aud they ars loss liable 10
hange. Hence wheat aud corn oasi
. stored In mgmmoth elevators, wait
vs. stable or advancing market; but
orilhcalcs % deposit eau be traded or
Sod az collateral n emergency requires
J, until there Is q better show Tor the
older OF owner, the latter, however,
is inif 90 cay, rarely being tho pro.
ucer. Many have thought that some
ich protective measures could be-
ioplcd at home, 10 that marketing
light not be simultaneous and com.
etltve, tut boz restrained aud guarded
ON spectators that the deserving
,rmer and hii family might enjoy the
III measure VI his toll. Almost i'm.
Iedia,ely new wheat will be offered
every small store In the Territory.
price will bs made in the first ia.
once which win hardly indicate the
.arRct, 10 say nothing Of ils true
llut; ior as has often been said
similur times In other years,
There is no price," or 1--WE do
II know what II 10 worlh"l Oran
Ter will be made OF what the buyer
Insiders q safe price, aud generally
9 seller will be told that "lhis Is done
rely 10y way OF accommodation!
no cost Of production rarely cutters
to the calculation Of tho selling
rmer. In fact II is more than prob.
10 that he does not know, But oven
strict business estimate would vary
th the men. Land varies; cultlva-
n varies. Ono says thar "Wheat
ould never DO sold Tor lees than a
Ilar per bushel,p Anolher who
ses twenty 90 forty bushels to the
e gets away with the man who