The Washington times., 1902-09-02
Grain Moving Toward
Chicago in Increased
Quantities.
LOTS OF OLD CORN STILL
Farmers Find a Surplus in Places
Where Supply Was Unsuspected-
Rates Improved and This Feature of
the Situation Is More Favorable.

CHICAGO, Sept. 1.-Better weather
having permitted freer marketing ol
grain in the Northwest, West. and
last week in every section and on near
ly all lines. The rate situation, which
looked bad a week ago, has also
changed for the better. Chicago Kansas
City lines have agreed to raise rates
on grain from cents to IL and II
cents. and the low rates on iron to Col
orado points which have cut into earn
ings are to be replaced by higher
tariff At the moment therefore, the
rate situation appears to be sound.
Corn Soon Out of Danger.
Higher temperatures throughout the
corn belt have added millions of BUSH
els to the corn crop, not only in bring
ing it nearer maturity. but also in max
ing it less liable to damage from frosts.
The consensus of experts sent out to
ascertain the condition of this crop is
that within the next fortnight the
greater part will be out of danger of
frost, and In three weeks practically the
entire crop.
Farmers are beginning to sell their
supposed there was little if any old
corn, the farmers have suddenly dis
covered a surplus. This will come into
the markets in the next two or three
weeks. as it has been bought for future
shipment
New Corn Increasing.
The Southwest. Oklahoma and south
ern Kansas are offering new corn on
the ear at 40 cents in Kansas City for
shipment by September 10. All signs in
that section point to increased move
ment of the new corn. The past week
has also developed enlarged offerings of
clear weather for a few days last week
enabled farmers to thrash and in
creased the grain offerings at country
stations If the weather keeps good it
seems likely that the grain traffic will
shortly increase to its normal proper
tlOnS OF recent years.
Chicago Grain Deliveries.
In the grain deliveries at Chicago the
past week receipts of wheat were less
by $1,000 bushels than those of the week
preceding; but receipts of corn were
greater by 10000 bushels, and Of oats |
by 760, 900 bushels. Total receipts were |
than in the week ending August 90. but |
4, 900 more than in the last week of Au-
gust. 1901, despite a decrease of 1.110.000 |
bushels in the deliveries of corn from |
those of last year Compared to those
of like weeks in earlier years, the past |
weeks grain receipts we're small, be-
ing s44 600 bushels below those of 1900,
81 per cent less than 1899 and in 1898. |
S. per cent less than in 1897, when the
traffic was abnormally large. and 919.
900 bushels less than in 1896.
The positions of most of the Western
roads, particularly those of the leaders,
when ranked according to their partici-
patton in the traffic, were changed last
week The Burlington, for example,
~
gin, lost its lead.
Illinois Central and Burlington.
The Illinois Central carried 1900 bush
lis more than the Burlington. Each of
he two roads had IL per cent, and "a
Der cent between them. The Alton kept
It's high position, with Is per cent. The
Rock Island delivered 8 per cent. The
North)Hestern. Wabash. and Eastern IL
inois each carried I per cent; the 81. ;
Paul and the Santa Fe 6 per cent each, Il
ind the Great Western per cent.
The grain traffic of August is usually
Utmost double that of July. In 1900
hus, deliveries were 100000 bushels
more in August than in July, and in 1899
100000 bushels more. Deliveries at |
chicago for the eight months ending
August 80, 1902. were 30. $50 900 bushels.
II 40 per cent less than for the same
ime of 1901, 80 per cent below those of
800, and 41.6 per cent less than in 1899. $
There was a decrease of 0.000 900 BUSH
lis of wheat, 81, ,000, 600 bushels of corn.
nd 2o,o00.000 bushels of oats from last
ear Receipts of wheat were 19 2S6. 600
corn 3S,0S4. 900 bushels. oats a.
So, 600 bushels, and rye and barley T.
81 900 bushels. /: