St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-09-23
NORTHWESTERN CROP REACH
ING THE ELEVATORS AT A
GREAT RATE.
SOME FILLED TO THE ROOF.
LATE ESTIMATES INDICATE
THAT THE CROP is AN ENOR-
NOUS ONE.
SCARCITY OF CARS REPORTED
Comparison of the Movement O.
the Crops of 1891, 1894 and
1895.

Inere has been so much speculation
as to the quantity of wheat raised in
the Northwest this year as compared
with the crop of last year and that
OF 1891, that figures bearing in any
manner upon the question are of
more or less interest to the general
reader. @
Evidence daily increases to indi-
cate that this years crop promises
| to equal if not surpass the bumper
crop of 1891, which, in the three
Northwestern states, equaled 100, ,000,-
600 bushels. There are few who
have the hardihood to place the pres
| ent years production below that fig
ure, when they read the daily re-
ports of threshing returns from ev-
cry portion of the Northwest. There
are grain men who are reputed to
be conservative who estimate the
present crop at 170,000,000 bushels
and upwards, and base their predic-
tions upon the phenomenal yields re-
ported to them by correspondents
in all sections of the Northwest
Be that as it may, it is clear that
the railroad companies are already
beginning to feel that their present
stock Of freight cars will prove mad
! equate to supply the demand that
will shortly be made upon them, and
| even now some of the roads find it
difficult to satisfy many shippers Of
| grain who are anxious to get their
| grain to market.
Several elevator lines are already
| complaining of a scarcity of cars.
| Farmers in the country are market
| ing their grain faster than the rail-
! roads can haul it away, and country
elevator storage is rapidly being
filled up. The st. Anthony and Da-
kota Elevator company, the Van
Dusen and the Interstate Elevator
companies report. a large number of
| their elevators as filled to the roof.
and are calling upon the railroads
to help them out. There is promise
of a general blockade along the line
of the Great Northern railway with
in a very short time, the crops along
| that line being particularly abun-
| dant, and what is true of the Great
Northern will prove equally true of
the other lines reaching north and
| west.
The receipts of wheat at Minnea-
| polls alone during the month of
August were 3,655,51O bushels, as
compared with 2,944, 760 bushels last
year, and 2,7S7, 41O bushels for the
same period in the big crop of 1891.
Shipments last month were 955, ,22S
bushels, as against 1885 bushels
last year, and 1852 in 1891.
From present indications the
movement of grain during thre
month of September promises to be
unprecedented for any similar peri
Cd in the grain business of the
Northwest. Commencing two weeks
ago the receipts of wheat at Mime
apolis, Superior and Duluth have av-
eraged 1.150 carloads ped day, which
is etimated as approximatirg the
carrying capacity Of the railroads
hauling to these markets. Ship
ments from the Duluth elevators are
| also exceedingly heavy at present,
| over 100000 bushels being loaded
into vessels Friday and Saturday
last. The amount of old what in
store at Duluth is now about 3,000,-
900 bushels, and it is generally un-
derstood that this will all go out this
month in addition to a large guam
tity of new wheat.
Prices for wheat have shown a
declining tendency during the month
| of August. At the opening of the
month No. / northern was bringing
6S cents, cash sales, while on Aug.
81 the price had declined to 60A
cents. The range of prices for No.
l northern for the some period last
year was from 5315 to 55 cents, while
in 1891 the range of August prices
was from S71s cents to $1O1 At the
present writing there has been a
still farther decline, No. 1 northern
being quoted in the MINNEAPOLIS
market at 53h cents. The prospec-
tive overwhelming influx of wheat
in the immediate future has much
to do with the present depression.
and 1t will undoubtedly rule low un-
til receipts are materially de-
creased. AT just what time the de-
crease will occur seems to be an
enigma at present.