The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1910-12-21
THE WHEAT SURPLUS.

Commenting on the wheat situation,
The Minneapolis Tribune says:
The wheat surplus of the United
States is giving the speculative bears
more concern than either farmers, mill
ers or warehousemen. In spite of the
| accommodations at terminal centers and
the lack of broad commercial de-
mand prices have shown no material
change for several weeks.
| Stocks of wheat are large, rather ex-
! ceptionally so for the time OF year, but
! the greatest effect of this wheat on the
| price has already been registered by
| the hedging sales made at the time ii
passed from the farmer to the ware
! houseman. The firmness displayed by
| the December future, a contract that
! is now maturing, indicates clearly that
| the cash position can hardly be called
| weak. Tenders of delivery have been
well taken and have gone, generally,
! to milers.
Supplies are still coming into sight
freely, but are being absorbed without
any appreciate effect upon the mar
! llet Consumption, moderate as it is at
!
| supplies to offset the country move
ment to the extent of not affecting the
| price position adversely. The receipts
! In the northwest continue liberal, re-
| sulting in increasing stocks at the
| two primary markets. AS there is an
actual shortage in spring wheat, how
ever, and longer period to harvest
there is nothing particularly excessive
in the accumulation.
! With domestic prices, however, re-
naming above the exportable level,
| the home market has got to take care
| Of the offerings. The season so far has
| been marked by a limited -four de-
| mand. Stocks are smaller than a year
| ago and the effect of a broader trade
would be felt Immediately on the sup
| plies of raw material. The turn of the
| year is expected to enlarge the con-
sumptive call as old business is being
cleaned up and buyers are beginning to
| increase their inquiries for so day ship
ments.
In the speculative pit there Is evil
dence of manipulation in absorbing the
| floating surplus from day to day. This
wheat is being accumulated in antici-
patton of higher prices between now
| and next spring.
s% Congressman are doing the drone
act.
E1T This is the shortest day of the
year.
AZ Teddy's smile and utterances are
both sphinx-like.
AZ After Christmas will come the ex-
change of presents.
&% Carnegie seems to want the best
brand of peace that money can buy.
az Senator Young OF Iowa is evil
IDENTIFY a member of the Do 1t Now
club.
ar Missouri boasts of being the best
hog raising state in the union. but
isn't very proud of the two-legged
kind.
GE The Iowa restaurateur who for
bids people smoking cigars purchased
in his place-evidently knows his own
wares.
GE The meanest man is the father
who makes Christmas gifts-only of
actual necessities-to members of his
family.
a. With the crazy inmates Of Mat
teawan asylum publishing paper
the exact relationship between insan-
ity and genius may be established.
F@ There were fifty-two murders in
Dallas, Tex, within the past year-and
yet some of the people down there
kicked on the census returns being dis
appointing.
AT The fool who rocks the boat and
the man who points an ''unloadedD gun
at some one else-will not be remem-
bered by the people who make Christ
mas presents.
ar The Hand Book of Dry Farming
issued by the Dry Farming Congress
contains all the proceedings and adj
dresses Of the last convention held in
Spokane. 1t is valuable issue for all
those interested in the movement
Foley Kidney Pills are tonic in ac-
ton, quick in results, and restore the
natural action Of the kidneys and blad-
Ger They correct irregularities II. III.
lCasselman.