Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1895-08-22
MASTERS OF THE SITUATION
Spring Wheat Farmers Have
the Only Good Crop
of Wheat.
The Average of North Dakota
Much Less Than Last
Year.

porting to have been obtained from aud
ltors of the several counties in this state
give an approximately correct basis Of
estimate of the acreage Of wheat in the
state this year as compared with that Of
last year. The wheat acreage last year
was $4,000 more than this. Add to this
the minus quantity destroyed by hail
this year and 1t will be found that the
shortage in acreage will reach very near
ly if not fully 100000 acres.
In Cass county alone the there is 9
shortage of $1,000 acres; in Trail, the
banner wheat county of the state, there
is shortage of $4,000 acres; in Richland
county falling of OF 1000 acres. The
Red river valley counties that increase
their wheat acreage over that OF last
year are, Grand Forks 1000 acres, Walsh
1900, and Pembina 5000. The other
wheat growing counties that show fall
ing off in acreage are, GriRgs 5000, Sar-
gent 5000, Wells 1900, Ransom 1900,
Bottineau 5000, and Ramsey 1900; while
those showing an increase over last year
are, Barnes 1000 acres, Benson 1000,
Towner 5000, Rolette 1000, Foster 5000.
The figures given for Cavalier and
Stutsman counties only vary few hun
dred acres from the acreage OF last year.
None ia given in the compilation at hand
for LaMoure and Dickey counties. The
aggregate of all these counties shows an
increase of about 25 per cent. IN the
acreage Of oats, and an increase of about
80 per cent. in that of barley.
The price of wheat went off one cent
the 10th, and yesterday, the Goth, one
cent and a quarter. At present the
bears have upper hands IN the game OF
pushing prices down in order to buy the
spring wheat crop OF the Dakotas and
Minnesota for as little money as pos
slble. This decrease in price was IN
spite of the fact of large decrease in
the visible supply, still further de-
crease ID stocks af1oat, light receipts
continuing at winter wheat markets with
heavy demand from interior mills still
reported.
The actual facts about the supply of
wheat, which Is always said to control
prices, are stated as follows by we'll
known Chicago grain tirm, and their in
formation is only common property. But
1t is plain that unless farmers having good
spring wheat to sell hold part of it at
least, the price will fall to as low as last
year, if not lower. Blgelow & Co. say:
1.-The action Of our market for the last
week or ten days has been most perplex-
ing. The news has been rs bullish as
could be reasonably expected, and yet
the market has not only refused to
respond, but actually made bad break.
This is the result of the fabulous tales
told of the Northwestern wheat crop and
the present situation might be summed
trade, foreign and domestic, has it's eyes
'sot' on three states in the Northwest
Minnesota and North and South Dako-
ta-as an endless source OF supply, and
they IN no feeble manner have been an
tlcipating the marketing of this wheat
by heavy sales for forward delivery.
The trade has not been broad enough to
absorb these heavy offerings and main
tain its equilibrium. The result you
know. So much for the immediate
situation.
But broader view Of it presents quite
another phase, and one which, w be-
heve, will repay the most careful consld
GRAFTON Allured by the fabulous
estimates OF the private crop experts
sent INTO the Northwest by bear opera
tors, the trade seemingly ignores the
fact that we have the worst crop of WIN
ter wheat ever harvested-a crop, while
estimated at 225, ,OOO bu., is in fact Git
you take that portion of 1t, both high
and low grades. which is tit for milling
purposes) onl! about 25,OOO.OOO bu., the
balance being tit only for feeding pur-
poses, and much of 1t hardly fit for that.
If our information Oh this point is cor
rect, then it seems We are likely to be
confronted with condition on the crop
Of actual scarcity OF wheat. 1t is only
six weeks since the wiz ter wheat harvest
and good milling wheat is scarce COM
modify today.
"They likewise ignore the fact that the
English crop is 100000 bushel short,
French, 4O,OOO,OO0 bu. short; India, 35,-
100000 bu. short; Argentine. 100000
bu. short; Australia, 100000 bu. short;
Russia, SO,OOO,0OO bu. short; Austria
Hungary, short, but the amount not yet
reported; 10 all aggregating over 2OO,-
100000 bn. short of last year, with re-
serves, not only here but IN all the coun-
- tH ho InS
mum, while the amount atloat to the
United Kingdom and continent has been
reduced over 1000, 600 bu the last month.
70 emphasize the winter wheat situa.
ton, we interviewed Mr.. Carroll, buyer
for the Santa Fe elevator system, today,
and he said that on Aug 15 year ago
he had bought to arrive 100000 bu.
winter wheat. So far on this crop he
has been able to secure practically moth
ing and Furthermore says that the eleva.