The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-03-12
Everything Points to Great
Advance in Prices.
TWENTY. MILLIONS ARE NEEDED.
Government Reports Show . Re-
serve Of Iss, ooo. ooo-Thts, With
Visible supply, Gives I'd, 0oo. 600
60 Furnish Deman for 2s5. ooo.-
G00--oafIook Was Never Brighter
1or the Farmers to Make Money.

While can6stiSrs may charge s1snewf1a.
before t4e szsStveEv - the 3ss@ crop ~
@seas- T. tEze present RAE Of eon59rn IststsEl
ami sxgo-g - continued during tgse spring
ard aaaEaer there VII. lie shortage 81 IRE
s9gp.y OF ss4s United States. and pr.ces wssl
20 s-fy7Eg. TIE market Eog Is bsa-e1
down 10 a low Limit bat this IS partly o.
account o. tie superficial conditions sex
forth IN the governments monthly reEsgrt
ce Aaxct. II ca tbs quantity of grain lest
IN reserve. which showed a great excess
ever tie saraa tine iast year.
This repost Gays thai. based on sle rTscst
csrefu, ezfin2tes O government agents
throughout The country. there II iss,ys9. 90
tsxxaeis sa tie ssraEsagtez, elevators aas
warehouses. against - ~, rs At III. same
date az 1885,. 4 failing Ok os a cent III
Chicago was TIE first effect ~ the report.
tie surface inf4lr&ttoa OF IHcle Sans doe
EHssnE Lelng that Of al enormous available
supply. But the fgarcs did rot sc laio
detail with the lass gasr outlook.
Il is q fact that TIE reserve - greatly
tn excess, 53s Il s. also a fact TIA; the lsss
srsp os the Eaited States WAS IA. ea;.oo
bushes greater than lis predecessor. The
visible supply Is zs.eA4.euo aslsca makes
sotal Of -. 1880 bushels 20 last from TON
until tslis years crop "a available for raar-
iet. Compared wits isss, there is. there
scre. deficiency c. i92. 0ee.ooo bushes. the
natural tendency or which would be 10
bsssl instead of bear the market.
The average consumption OF whea. and
-four ln the United States amounts 70 over
1.va.so bushels day. whca will make
total o. is2.splela. 10 last until the delivery
af the coming crop: besides tAis there Is
BENZ exported from s.so.00 10 $3.50. 30
bushels week X the exporting continues
~ the same rate for tho remainder 81 the
season. there Will. therefore. be Required
~ least zis. 81. 10 70 keep up aith the de-
mast. where the shortage OF 100000 or
E.AD.eoh bushels Is TO come from is a prob
lam that has not ye. been solved. 1t Is
entirely prof1ahla that tie exports viii drop
OF considerably before the seaS5a IN much
further advanced; but they VIII have 10
decrease e or n Per cent. IL offsa. the
approaching deficiency.
II Stems that this can have bu, ore ef-
fetsts and that will be 10 advance prices
II there IL a refusal on tho part oiAtnersca
to keep up with the foreign demand, there
viii be- an advance in Liverpool. and IL
the experts keep sp al the same rate there
viii be shortage here, whica viii result
similarly for The farmers and holders OF
the grain when the pinch comes
The local market Is q; AS low an eih as
II has been since tho openlng OF the sea
son at the beginning Of lass August Is and
u cent, being tho top figures for No.
club and No. blaesten for expert The
cause o. fnIa IA the aemoralized condition
In Chicago, but IL X expected IN the Windy
City. and VIII. If true there. ba ,rl:e here
that quotations at t.e end Of ;hs week
VIII have gone hack the ~ cents they
lost during the week ending yesterday
This is Il dun month in receipts ana X Is
doubted & they Will approach anywhere
near the receipts Of last March. wa.eh
were 2la.is3 bushels. To date there have
arrived In Seattle -. 900 bushels. az but oaa
OF which came iast week. The SEASONS re-
eeip,s have amounted 20 LIS 500 bushels