The Maryville times. (Maryville, Tenn.) 1884-1944, 1896-09-03

1910 - - - -
1892 :. :. =. :. -. :. :. ..3o'o1s'0vV
1891 :. :. =. =. :. .. :. :. ..Zz' ise'oVo
1890 :. :. E. =. :. e. :. ..2s'SiI'SOo
1889 :. :. :. .. :. :. ..2l,yz'vIo
1888 =. =. =. :. :. :. :. -. ..3e'SS1 IVY
1857 :. :. :. =. :. =. ..o4,SSo'VVV
1885 =. -. - '' 'o ,oa Uoo
1885 :. :. =. :. :. :. :. .S,SOz,VVU
The decline in the price OF wheat has
been greatest within the past few years.
In the four years, 1SSs-s2. the average
available stock July was 27,o0S,2b0
bushels; the average for the last four
years was 6s,102,25O bushels. The aver
age wheat crop in the United States In
the four years, 1922, was 2A.ls7,7So
bushels; for the four years. 1925, II
we take the figures of the Cincinnati
Price Current" which are universally
believed to be nearer the truth than the
figures of the Department Of Agricult-
ure since 1890, the average crop was e'o-
100000 bushels. The population OF The
United States increased perhaps lit
tie more than go per cent, while the
wheat crops more than doubled.
But wheat raising has Increased IN
India, Russia and the Argentine Re-
public, The amount exported from In
dia is relatively small. and In the i'st
few years has not shown much tendency
to increase, but within these few years
when the decline of wheat has been
most marked, there has been large IN
crease in production in Russia and Ar
gentina; II is only within eight or ten
years that Argentina has become an ex-
norter. Germany imported nearly as
much wheat in 1894 as in 1892. but enc
took II 10000 bushels less from US; she
took 1000, 900 more from Russia, nearly
2,OOO,O 900 more from Roumania ana w.
OOO, 900 more from the Argetine Republic,
where wheat is raised at very low cost
and paid for in deprecated paper.
Last year Beerbohm computed the
worlds wheat crop at an average Oh
1852, OOO, 900 quarters for the four years.
1886; 27s,OOO,O0O quarters for the four
wears 1880, and 3O4, 100000 quarters
for the four years 1924. There was
difference Of eight years between the
first and third quadrennial PERIODS, ana
Beerbohm estimates the annual Increase
in the worlds consumption OF wheat Tor
human food at 100000 quarters, OF 49,
100000 quarters for eight years. wniie
the estimated increase Of production
was 1880, 900 quarters.
The average corn crop Of this country
for the four years 1S6s-72 was 1.ols,2sS'ooo
bushels. and in the four years 1925 1t
was 1852, s67, $50, with record-breaking
crop for the last year. In oats the ratio
of Increase was much greater; the aver
age crop in 1s6s-72 was $50 bushels,
and In 1S92-95 1t was 500. ESQ bushels.
The Chronicles cotton statistics show
that the average United States crop for
six years, 1S71-72 to 1s76-77. was 4,o1O,49l
bales, and for the six years. 1sSS-so to
lS94-95, was S,1s0,S45 bales. The increase
was more than 100 per cent. in periods
by an average Of eighteen
years, and between 1870 and 1880 the In
crease of our own population was about
56 per cent. But we do not supply the
world with all of its cotton. The Chronicle
gives the average crop of the world from
1S6s-s7 to 1S71-72 as 5,504,0oo bales; from
1878 to 1S77-7S as 6,7s3,OoO bales; 1873
70 to 1SS3-S4 as S.792,O00 bales. and in
1SS4-S5 to 1SS9-90 as .s,92S,000 bales. In
1S9O-91 the crop, together with the bal
ance from the previous year. was 1885,
900 bales, and the consumption was H.
726, 900 bales; In 1S94-95 the crop and bal
ance from the year before was 14,o5o, 900
bales and the consumption was 12,579, 900
The consumption was not keeping up
with the production. and yet 1t had in
creased very rapidly; 1t had increased
two ana one-fourth times since the pc
Rod 1S66-67 to 1S71-72, and the worlds
population increases slowly. Mr.. s. N. d.
North has calculated that since about
1870 the worlds wool clip has increased
155 per cent, which would have a ten
dency to depress the price, not only of
wool. but Of cotton also.
The average export of cotton from this
country in the four years 1S76-77 was 81
2s7,3S5 bales, and the average for 1895
was 5,S6S,45S bales. II we look at a lead
ing mineral export we find that the aver
age export of petroleum in, 1s7s-7s was
Sl4 ,2Ss, 142 gallons and In 1s9s-95 II was
S71,6O3,651 gallons.
Expressed in terms of money the ex-
ports OF breadstuffs, cotton, provisions
ana petroleum amounted in 1875 to $40
oSl,sl1 in currency; it rose to s715, fss IA
In gold in 1881; in 1886 1t fell to SAT-, 757 $50
and then rose to $742, ss2,5Os in 1892. in
1896 1t dropped to $52S, 9s5, OFT.
The Cincinnati Price Current COM
putes the farm price Of wheat in Deem
Der Of successive years as follows, and
the amounts Of wheat. including flour.
exported are placed opposite the price:
Year. cents. RnshsIs
1923. :, SSx lac 7ss ooo
Iooo-4.. =. ....g. Ill, 534 900
ioo4-o.. ....65. 1S2, SIC, 900
looo-o.. .....77. 81, 665, 900
looo-I.. ....6S.7 153, 500, 900
IooI-o.. ....6S.1 lis, 625, 900
1859. ......S7.3 $500, 900
&S9-s0.. :. :. g. :. 1913 10s. 4S0, 900
L..