Evening capital news. (Boise, Idaho) 1901-1927, 1916-10-16

kets for this state has issued a state
ment covering market conditions which
is of general interest to not only the
producers of Ada county but to the
state. II is as follows:
POTATOES.
| Reports have been received at this
office during the past two weeks. from
various loading stations. showing that
some of the speculative buyers are
making desperate efforts to break the
market through the circulation of
\ false reports concerning crop and mar
\ ket conditions. These attempts to
mislead the growers have been SO
brazen and absurd that it is hard to
understand how any growers could
have been trapped; notwithstanding
! this, some growers have been fool
hardy enough to let go of the result of
their seasons toll at ridiculous prices.
| Growers who will sell their potatoes
blindly without making any effort to
learn what the true market situation
is are not only cheating themselves,
| but are also doing great injustice to
all other growers. as the comparative
| ly few sales made at these absurdly
| low prices are loudly hearalded by the
INSCRIPTIONS buyer, with the result
| that the market becomes demoralized
| almost as much as by the shipment of
| green" stock.
| If you are not now receiving the
| Daily Potato Reports from Idaho Falls,
send in your name at once. Then. IL
this daily report of the potato market
all over the United States doesn't stiff
| fen your spine sufficiently to make
you insist on getting more than dol
lar per hundred. you will have 10
one to blame but yourself. / am anx-
| ious to help you get what your pota-
| toes are worth; but cannot protect a
fool against his own folly.
Rurals and Russets of good quality
are both worth even more right now
! than the Idaho Falls daily reports
show as cash prices paid producers
Every days reports from the other po-
tato producing states increase the
shortage in the national supply.
When buyers attempt to mislead you,
get into &C mmunication with this Of
flee. I would appreciate having you
keep me IN touch with the activities of
the buyers in your district, and your
local market situation in general.
BEANS.
The bean crop situation has not
changed since the last report the
market however Is Strengthening.
There is every indication of demand
sufficient to clean up all supplies at
record prices. Reports indicate that
the trade, both in this country and
abroad, IS we'll cleaned up Of old stock.
New beans will come to a bare mar
ket. There is disposition among the
growers to hold. Jobbers also are
buying cautiously. Offers around 81
per hundred are being made in this
state, but most growers are holding
| for the opening price fixed by the
Michigan conference referred to in for
mer reports. In the eastern markets
the bushel is the basis, while in this
territory quotations are made on a
pound or cwt. basis; the IS opening
price fixed by the Grand Rapids con-
ference means better than eight cents
per pound. With the unusual market
prospect in this country, in addition to
the great requirements Of the European
armies, there is every reason to sup
pose that the marketing program laid
out by the conference of Michigan
growers ard jobbers will succeed. The
plan worked last year, under less fav-
orable conditions, the prices being adj
| ing the shipping season.
| Exaggerated statements regarding
crop conditions in other districts are
now being circulated over the north
west by speculative buyers in the hope
of breaking the market. Growers
should not be misled. The outlook for
the grower is 4 anything. even better
| than outlined in my former reports.
while present prices ON beans may
seem abnormally high, 1t should be
remembered that prices on all other
! food products are climbing, beans be-
| ing as much in line with other arti-
cles of food as ever. so there is APP
| parently no need of fear of reductions
! in consumption.
Get in direct communication with
| this office before selling, giving full
details concerning the market situa-
ton in your community.
WHEAT.
The wheat market is Strengthening.
Latest reports show the crop in the
United States the smallest since 1904
The winter whea. crop is over 100000
600 bushels less than last year. The
spring wheat shortage is still larger
the crop being the smallest in 81 years.
This makes a total shortage of over
400 100000 bushels compared with
last year. Other cereal crops have also
suffered from adverse conditions of
! the past summer
Latest reports from Argentine fur
nish enc engagement to American grow
ers. The Argentine wheat harvest in
the northern section will begin next
month. The crop there is now at it's
most critical stage, with strong pros
1 pect for failure unless rains come
Immediately to relieve the drought.
The crop in the southern section,
which comes later, promises we'll Full
ly one half of Argentine's entire acre
age is already badly involved. The
last wheat crop in Argentine was 1884,
| 100000 bushels. Their largest crop
was in 1s12-1sS. oOo, O0o Most of the
Argentine crop is exported-their do
| neStic wants are small Their area