Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1911-08-04
N. p. PRESIDENT HOWARD Ell
LOTT is SANGUINE FOR
EXCELLENT CROP.
BUSINESS PROSPECT EXCELLENT
Wheat Yield in Far Western States
Promises to Be Bumper One
Official on Way to St. Paul to
Confer on Rate Case.

new 1OTk, aug. Z.--f1OWdFu ElllOII,
president of the Northern Pacific Rail
way Company, who is in New York
for few days on his way to st. Paul
from Massachusetts, where he spent
his vacation has received somewhat de-
tailed advices regarding crop and bust
ness conditions from various sections
of the Northwest. These reports in
dictate that in sections of Washing
ton, Idaho and Oregon there will be
the largest wheat crop since 1909.
Latest estimates are for approximate
ly 24,000,000 bushels. Threshing in
that territory is pretty we'll advanced
and results so far have been up to
earlier expectancy.
Mr.. Elliott's advices state that spring
wheat in the three states named has
been damaged probably about 10 per
cent. A large and steadily increasing
proportion of winter wheat is raised
there and it has turned out we'll this
year. During the extreme heat of
early July, winter wheat had advanced
sufficiently to escape damage from hot
winds. The fruit crop in those states,
according to Mr.. Elliott's reports, is
smaller than last year, the apple crop
being only about half as large. Hay,
on the other hand, was the largest
crop ever harvested.
Mr.. Elliott's reports regarding crop
conditions in the easttrn section of
the Northwest indicate conditions SIM
liar to those outlined in advices from
other sections. While spring wheat
has been seriously damaged in South
Dakota, crop conditions in North Da-
kota are better than they were last
year.
Upstate Conditions Better.
Apparently conditions in northern
Minnesota are better than they are in
the southern part of the state. This
is the reverse of last year. During
the last 10 days, Mr.. Elliott says, the
weather in North Dakota and Mime
sofa has been very favorable. On the
whole, Mr.. Elliott believes that the
agricultural prospects in the Northwest
will be better this year than last.
The lumber business of the North
west has been dull for two years and
SO far there has been only moderate
Improvement Mr.. Elliott believes,
however, that with the realization of
present expectations for crops in the
Northwest, there will be more lib
eral movement of that commodity. He
says that the land boom in the North
west has quieted down and that banks
in no Nf
new loans on real estate. He does not
think that there is any occasion for
apprehension over the real estate stu
alton in the Northwest.
Mr.. Elliott has just received let
ter from large and conservative job
Der in ST. Paul who says that while
business throughout the Northwest
continues quiet, he believes there will
be better conditions before long. This
jobber admits the cancellation of a
number of orders placed with his firm
by South Dakota concerns because Of
the damage to the wheat crop in that
state.
Factories Run Full Capacity.
Notwithstanding this fact, the jobber
writes Mr. Elliott that the factories
in which his firm is interested are rum
ming at full capacity. He says he does
not think there is any cause for alarm
on account of the crops and that bust
ness would be very much better if
there was less 'wooden-headed legis-
1ation."
Mr.. Elliott said that it is impossible
to give a definite idea of the effect
upon earnings of the Northern Pacific
Of the recent ruling of the interstate
commerce commission in the Spokane
rate case. He is certain, however, that
the loss to the Northern Pacific will
not be 100000, as has been esti.
mated.