Marshall County independent. (Plymouth, Marshall County, Ind.) 1894-1895, 1895-03-01

Inc CoIu price. tD.D GEMS per DuSuti, IL
63 cents higher than the average price
for the decade 1SS0-S9, and is cents
higher than the average of the last four
years.
The wheat price, 1913 cents, is the low
est for twenty-five years, and is 33.9 cents
lower than the average for the decade
1SSO-S9. and 22. L cents less than the av-
eragc for the last four years.
The price of cotton, it will be noticed,
Is ut its very minimum. Describing for
the moment all other elements which en-
ter into the problem-such as the total
yield of the crop or the comparative cost
of production, and comparing the prices
for 1894 with those for 1892 inasmuch as
1893 was also n year of unusual dcpres-
sion), 1t appears that, with the exception
of corn and oats. prices have declined 20,
30. and even 30 per cent
That startling varia tons exist in vari-
GUS estimates of the wheat crop of 1894
we are we'll aware. The United States
Governments last estimate is 400. 000. 900
bushels. but. in view of the fact that this
Is 30,0OOO00 in excess of the Govern
mcnts preliminary estimate. and that the
United States official estimate for last
years crop is believed to have been wide
1y erroneous, we may discard these Gg-
urcs in favor Of some of the trade esti-
mates. which run as follows: w. NJ.
Grosvenor. $50, 900 000: Liverpool Corn
Trade News. 520.000000; Cincinnati
Price Current. 515.000,0 900: Statistician
Thoman. 503,000,000.
Assuming the estimates Of the Corn
Trade News for 1892 and 1893, and the
conservative figures of Mr.. Thoman for
1894. further assuming all wheat of q
uniform grade, and all sold on farms
about Dec. l at the prices quoted in the
Governments farm price list, we have the
following:
Aggregate
Year Crop fbu) value on farm
1892. ... .5S0O00,000 S361 ,92O. 900
1893. .... .4IJ,000.OOO 247, 475. 900
1891. ... 800. 100000 80, 494, 900
This would indicate that, while the ag-
grcgate money yield from wheat for 1894
is approximately equal TO that for 1893,
the loss in money, compared with 1892.
is over 500. GOO 900: or, more exactly. the
loss on the 1894 crop. as compared with
that of 1892. is Sill. 425O0O Assuming
the United States official statement of the
1891 wheat crOp-namely. SD, 300. 900.
the loss, reckoned on this comparative
basis. would be $780, 900.
Gain i'm the Price of Corn.
AS partial offset To this loss there ap-
pears to be gain in the item of corn,
where the high price per bushel would
seem 10 net an aggregate sum in excess of
that obtained for the crop of 1893 The
following table is made on the basis of
Mr. Thomans estimate of the 1894 corn
crop and the United States official csti-
mates for 1892 and 1893, and combines
with them the Governments farm prices:
Total value
Year. Crop in bu on farm.
1892. ,62S. 46i 900 S6i1,614.S16
1893. 1.G19. 496. 131 9I,116.OS1
1891. 49,. .496, $4,000 6S2. COG. OOS
If the Governments doubtful figures for
the crop of 1894 be taken wiz, 1,212,77O
600 bushels, the farm value is only S554.
$4,000
The excess in the total market value of
snst years crop over that of the previous
year appears, according to Mr.. Thoman's
figures. TO amount to over $50, 900 900; or.
compared with the yield of two years ago.
to over $4O,O00,000. The Governments
figures would turn these estimated gains
into losses of $i5. DOC, 900 and $S7, OOO. 900.
respectively. Ii is worthy of remark, how
ever. that the probable total gain on this
item has been very unevenly distributed
among the various agricultural sections
In the South the corn crop has been
heavier than in 1893, and has partially off
set the loss on cotton, while in some sec
tons Of the West, especially Nebraska
and Kansas, the corn crop has been an
almost total failure, with little compen-
sation from other crops