Grand Forks herald., 1922-06-21
MIARKE 4 4 E,T NE VS.
MINNEAPOLIS
MARKET AND CROP GOSSIP.

4 Al
MARKET AND CROP GOSSIP.
Minneapolis, June 2l.-Ticker,
Chicashaw Okla, reports first field.
ct wheat threshed and went 27 to 80
bushels. Expected IS togo bushels.
Clement and Curtis to Chus. F..
Lewis and Co.--Illinois and Indiana
reports told Of threshing under way.
Texas Nand oklahoma again sent in
messates that returns were disap-
pointing. ',;
jackson Eros. and Co, to- Z. j.
Buchanan--AAAWinnipeg wires: Quite
NUMBER OF dry weather complaints
coming an from all over west. We
need a good soaking rain all over.
Best people tell me 40 per cent of
Alberta crop put in on stubble, ana
will not stand UP without sufficient
moisture. e aSy, I,3fS IA
Weekly crop notes by Paul II.
Kirk. Minnesota agricultural statistt-
clan: Rains have been beneficial, to
all crops. Althou gh there Is some
complaint that oats and rye have
been slightly damaged in some south
western counties the outlook for the
state as a whole lis still very favor
able. The stand and growth of, corn
is reported as very favorable. Fields
clean and eaDly corn from four TO
six inches high: Early oats>and bar
ley heading. Some rye reported ready,
to cut the latter part OF the month.
Early seeded potatoes In. good condi-
tion and making rapid growth. Late
crop has. favorable soil conditions.
Hay crop promises heavy yield Some
alfalfa qnd clover already harvested.
Fargo, N. d.. juno 21.-"The gene
eral trend Of prices of farm products
during thu last 80 day period shows
a tenderey toward sta abil:zation, rather
than continuation of the slow ad-
justment with prices of other COM
tion for some time and agriculture is
still in a poor position to buy other.
comm odities," said Rex. E. Willard,
farm economist at the North Dakota
Agricultural college today in speak
ing of present farm prices. @
Wheat is 54eo above the pre-war
level or the 1913, price but the prices
of commodities that the farmer must
buy are as a whole, much higher 30
that a. bushel of wheat will now buy
only 77%, as much building, material
as. it would in 1918; it will buy only
1879 as much household furnishings
and S5% as much cloth and cloth
Ing, y explained Mr.. Willard. =
The prices Of farm products have,
FOR some time and up to the begin
ming of the last s0lday period, shown
a steady and gradual tendency to adj
just with the prices of other COM
1nodities," he said. Beef, different
from most of thesfarm products, has
shown a slight increase during the
last 80 day period. Beef is now 20
below the 1913 price and will buy
only 47% as much building material
as In 1918: and 45% as much of
household furnishings
Potatoes are G2% above the pre-
war price and have shown decrease
during the last 80 day period. Hay Is
1870 above, and eggs are 90 above
1913 prices. The average of q group
Of all farm products is 81 20. above the
commodities, 32s in number and In
cluding all agricultural products is
52re above the pre-wnr or 1913 price.
This spread between the farm and
all other commo odity prices has been
much wider in recent months and
there has been Q slow tand steady
move for It to close The reduction
in freight rates has had a general
tendency to help reduce the spread" "
explained Mr. Willard. and\ TO- IN
crease the purchasing power of farm
products Unduestionably the farm
crs pay the freight both ways" said
Mr.. Willard. .
While wheat, hay, eggs. corn and
other products of. the farm are above
the 1918 price, it is found that the
price Of cloths and clothing are s1%,
building materials 1917, chemical
supplies 60%, and house furnishings
20 above the 1913 price.
st. Paul. Minn.-Recent rains
throughout the state have assured
Minnesota of the greatest crop in
years, Oscar H. Smith, con1nissi oner
OF immigration declared today III the
weekly crop report Of his department.
Barring any damage from rust, hot
winds or blight. the crop raising sec
tions should have an enormous yield,
! ! Mr.. Smith said, adding however, that
the crucial period approaching may
affect some change in the situation.
Crop conditions in the territory
south Of a line ranging eastward and
westward from the northern bound
ary Of Sibley county are declared to
be the most optimistic I in several
years" the report sayA.
"Thc same confidence is expressed
in reports. received from the central
and northern parts of the state"