The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-09-08
They HAVE a LITTLE MONEY.
~.~h Speculation at Present n to
r.Iy-Farm~rs Acc Of the Relief
rat They VIII Get Good Prices
u~aiers Discuss the Situation.

a.. have 10 sell their crops for whatever
may be Offered the nsament they are
s.yesaea; but may watch the condition OF
.ae narkes study the outlook, and dispose
~ their grain at the time they consider
NE wiseSt They are now virtually In
sossfion 70 cay TO the buyers: We held
ST. wheat a. SO much IL you do not want
10 pay that price you cannot have it,
and there Is nothing for the bidders To do
hat 10 either pay what the farmers ask or
ts. the grain remain stored.
Although thrssning is practically finish
ed in WashingtonE three great wheat dis
tricts and the grain Is being rapidly moved
TO private ana corporation warehouses for
storage. there has been less than per
cent OF Il sold and in the opinion of local
dealers and others acquainted with the
kttua;ion none IF IL worth mentioning viii
De soii before the end OF the year when
storage contracts run out. This statement
Is os course. made With the proviso that
sudden rise In price 10 about ~ cents
would probably result in three-fourths OF
the prodGc: being preeipstated upon the
market. The farmers Of Eastern Washing
ton want half Il dollar for thev wheat, and
are not willing to sell for a cent less. and
expee. their local quotations 10 reach that
fgurs before the season closes, principally.
I, ~ understood because shortages have
been reported in California. Russia and
some parts Of Europe. Believing that those
reports are true and fortified with clear
titles 10 their land and in most cases snug
:ittle bank accounts. they are well content
to await the anticipated rsse. even II 1t
should no, come before winter.
VIII the Price Advances
This mans that there must be a rise OF
Before threshing was half over in South
eastern Washington and Eastern Oregon
Nc. club and bIuestem were quoted there
for 80 cents bushcl. and in a few in
stances 81 and - cents was offered ard ac-
copied But there has been a drop of
cents in Chicago since then, and the i'm
mediate indications. In tue opinion of local
authorities. are that the tendency Is down
ward. Instead Of upward. The reported
shortage ln California, it is claimed devel-
epea INTO not so Gfeat a shortage. after a..
TIE failure being confined 10 the southern
counties Of that state. and the Sacramento
valley having a very fair crap. \ normal
California crop Is about 4oOo0,ut bushels ii
Is estimated that this yea IL VIII be 25,eo0-
or. a shortage of l.. ttU.D10. wlicfl the sur
pas of Washington can well take care OF.
But Il is a fact that California Is now ex-
porting scene wheat. ana may rot need
even thai fulch from he Northwest Ore
son VIII this year aaVe 2i.cgl.99 bushels,
witch means q surplus for that state Of
b,gD.59 20 lS.,s4 go. Then there axe tie
5. !)1ko.ss ani Minnesota which have been
favored with yie.d. f; is estimated. 81
-s,11sg@ bushels or tHo>~etsuJ1s o. tae
growth Of the United States. That Grain
IL being Sold and Delivered a. rapidly as
cars can take il IL market. Tuesday. or
instance. :ae'e were delivered in Nlnneap-
oils and DGlnth 2@n cars OF wheat. the
srcatest days receipts in the History of the
stsrs.
Russsja's crop. with the exception Of one
or two provinces. appears 10 be good Aus
train has had an unusually bouriiful Yield
Of wheat. which viii have tendency 10
lower prices on the Pacific coast In FL
iepe. the output seems 10 he a little hsloW
tee average. and Will probably need 81. ooe
90 % a. 0fa.o9 bushels more than IL tls,i-
ally called for. ana there i 2oo,anaa o ex-
TIA supply in this country 10 meet It.
France has short crop. Great BtItaia's
Yield is not up to the average ana Ger
many has a far outlook IN In3ta there
s. good crop In Argentina there IS
poor growth. bar tina; coaurry Is not reck-
oasd aa making much difference in the
markets Of the worlds
WashiuGton'~ Crop.
Il was believed earlier In The season that
the eAeai crop Of Washington wo,lil
amount - 25.oea 40 bushels sesa 40 more
than IN lS97. oui 1t IL now considered that
Il All DC 1.ess,~sl Or 2@1.,so loss the hot
wntls during this ten last days oc July
dosng mitch damage 10 grain in tho east
ef0 par1 % The state. The raiouxe conn
tTy MS the most affected, ihe MINDS strik-
ug there ~hen The gtasn was green and
shrinking Il badly But even With this
sEFtrhssg- * a th.. al