The Prince George's enquirer and southern Maryland advertiser. (Upper Marlborough, Md.) 1882-1925, 1902-07-04
= Gang
\. Baltimore
NInnlay SAYS.

= Baltimore
Monday says
/ in extent and Sc.
of the year, in the
Ioincd forces with the
Aday and sent the cereal
he July option, the high
i in 10 years, with the eX-
when 4 corner was being
DDS have caused a loss of
the grain crops.
ne shorts" all over the fl Dor engaged
in a frantic scramble to cover, and
in the first hour OF the session of
the Board of Trade there was reckless
trading in all the pits. Brokers did an
immense business Calls for 100000
bushels of corn or wheat became the rule
rather than the exception. St. Louis fur
nished much of the excitement by send
ing orders for $4,000 bushels and four
orders for 100000 bushels each
Not only the rains that actually have
fallen and caused millions of dollars of
damage, but those in prospect, according
to Western weather forecasters, in
the St. Louis crowd were taken as evil
dence Of conviction that the damage re-
sulting from the rains in Illinois and all
the Southwest, from Texas up. is much
larger than was at first supposed.
John W. Gates and his crowd caught
the corn shorts early in the season. He
had them at his mercy. Henry Parker, a
broker bought 100000 bushels of corn
short for St. Louis operators. It is csti-
mated that brokers for Armour & Co.
bought 100000 bushels of corn in less
than an hour Sales of the Gates crowd
began shortly after 10 o'clock. Mr.. Gates
profits are said to be large. He is locally
credited with a prophecy that July corn
will 60 to 80 cents before the present bull
movement ends. When he made the pre-
diction corn was under Is cents.
The market for two weeks has been a
puzzle to the general trade. The shrewd-
est operators have been unable to make a
satisfactory guess at what was going on.
The source of the September selling has
not been clearly located. Armour has
been the largest buyer of September but
the trade is at sea over the motive.
Dispatches from State Boards Of Agri-
culture and grain men of the wheat and
corn belt place the damage caused by rain
at about S7,000,0oo
Kansas seems to be the greatest sufferer
900 bushels of wheat have been destroyed
already, loss Of about $3,.50,000.
All through the interior of Iilinos, as
far south as the Ohio river, the farms are
flooded. Cornfields, wheattields, meadows,
pastures and gardens have been turned
into lakes and ponds.
A low estimate placed on the damage
wrought within a radius of $50 miles of
Alton, Ill, by the storm of wind and rain
that prevailed Saturday night and Sun
day is 100000 Farmers are the heav-
lest losers, but railroads also suffered
severely. In the American Bottom farm
ing districts the farmers are ruined.
Wood river, small and usually insig
nifcant stream, over flowed its banks
early Sunday morning. The farmers in
the vast expanse of bottom lands were
forced to get into the upper stories of
their homes to save their lives. Their
houses were Hooded. After spending a
night full of peril, dawn showed that their
crops had been washed away.
Vermillion river is out of its banks and
higher than for so years. All crops in
bottom lands are practically ruined,
fences, small buildings and considerable
livestock have been carried away.
Since Saturday morning 2.4G inches of
rain have fallen in Cleveland. All rain
fall records for the month of June in that
section have been broken, the total
precipitation thus far having been 9.66
inches.
Ohio estimates its loss at $500,V00 in
wheat and hay, but it is believed that the
good done to corn and other crops will
more than offset this loss.
Indiana places damages by rainfall
at $25O,OOO to 100000.
In hundreds of Kansas fields, in the
the wheat belt, the ground is so wet that
teams and reapers cannot get in. The
grain is falling and much Of it cannot be
saved.
o. F. Howe, Agricultural Statistician
of Michigan, says:
Wheat has made fine growth, and al
though on low ground it has been injured
it has, on the whole, been greatly benefit
ed. Corn has suffered greatly from the
cold, wet weather SO far as can be
learned, there is no crop damage in South
Dakota. Crops are first class ali over the
State.
There has been very little actual crop
damage in Nebraska
Director Sage, of the Iowa Crop Ser
vice, says the Iowa cornfelds are too wet
to cultivate, but there is more danger from
weeds than from the water.
Damage to the crops of Missouri is
caused by streams which overtlowed and
carried the wheat away. Corn is in fine
shape.
All Wisconsin crops except tobacco
and potatoes have suffered. Corn has
suffered most, owing TO weeds
In Kentucky the wheat thrcshing sea
son, usually half over at this time of. the
year, has not commenced, and in some
counties the wheat is rotting Tobacco
and corn are also greatly injured
OUR WASHINGTON LETTER.