The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-08-27
CROP OPTIMISM
PERvADES WEST
Impossible TO Discover Serious
Dissatisfaction With the
Business Outlook.
MONEY VALUE is LARGE
Crops, Perhaps, Not Quite as
Heavy as Usual, But Will
Bring as Much.
MONEY VALUE is LARGE

ST PAUL. MINI, August 27.-
optimism persades the, West relative
10 the crop and business outlook.
1t Ia Impossible to discover any
serious dissatisfaction with regard to
business conditions. Referring to the
crops in h Northwest at the time
OF the scare in early July. 1t may be
said that the apprehension was SO
serious as to affect business. Jobbers
reported a good many cancellations
OF orders for goods. the country mer-
chants expecting duh trade. But as
the harvest progressed through the
latter part of July and the first of
April 1t began to develop that the pro-
duction was likely to be much larger
than anticipated. The reports from
the threshtng machines showed that
in spite of the short straw, a remark
ably fine quality of grain had been
produced and in many cases the Yield
of wheat to the acre was exception
ally large.
In estimating the wheat yield in
the Northwest three States-Minne-
sofa and the Dakotas-are usually
experts placed the yield OF wheat
In the three States at from 100, ott4-
900 bushels. Nobody estimates the
total at less than $50, 600. 600 bushels
to-day, dividing il into thre portions,
with so, 0ee, 600 bushels for Minnesota,
10. 1000, 600 bushels fer South Dakota
and 40o. 1000, 600 to Is, coo, 900 bushels
for North Dakota, This is probably
so, 600, 600 to so, 200, 600 bushels less
than last years large yield, bur with
the unusually fine quality. is not very
far short Of a normai production In
point OF value.
Not Dependent ON One Crop.
The Northwestern farmer is not
now dependent upon one crop, as he
was in other years. He has rais1d a
phenomenal cor crop. and that, both
as grain and forage. Is producing the
feed for farm animals in sufficient
quantity to have arrested the move
ment of live stock toward the market
and to strengthen the business situa-
ton.
So it ppea that in this great
agricultural region about which there
have been reports of crop damage and
anticipation of consequent business
depression. the conditions q a whole
are quite satisfactory. the money
value of the product of the fields and
the diaries promising to be nearly.
IL not quite, as large as for n
previous year.
This explains what was referred
TO at the putStt-kNe renew al VI or
ders for goods where cancellations
had been made and the prospects for
fall trade are regarded by. business
men as equal to the average.
Bankers anticipats a rather stiff
money market during the fall. due
not to any stress or strain of any kind.
but to general activity in business alto
gether with great cofidence in the
future.
Trials Afford Strength.
Indeed, the trials, SO to speak,
through which the Northwest has
passed during the present summer
have served more to strengthen con-
fidence than otherwise.
The Northwestern farmer has bee
making money He has lots of II in
the bank. A slight reduction of the
yield of his fields does not disturb ma
teriaIly his consuming power.
The banks OF he Northwest are
full OF his o and he will not
deny himself any of the necessities or
comforts or pleasures to which he has
been accustomed. The manufacturer.
who has been accustomed to look upon
this region as one OF the important
outlets for his products Is not likely
to have any occasion to be dissatis-
fed with the demand this year