Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-08-28

EVENING EDITION.
John Rich Revic,
And Crop Cor
Northwest Fol
Minneapolis MINI. Aug. 2s.-rhe
following report has just been issued
BY John Rich. esent. ,fpr the Ninth:
Federal reserve districts
q tha been harvested in the north,
west The volume OF the crop has
been satisfactory. and 1t would appear.
that Tor the Important Items, wheat
ana ryA losses In other producing
sections have been Offset approx
mately by tho better than usual pro-
duction in tho Ninth Federal Reserve
District The volume Of the crop Ii
highly important, but even at that, it
Is secondary to the price ut the farm,
which is the important element which
Will determine how far the farmers
can go this fall in lQuidating their
debts, and rebuilding their prosperity.
The lack Of coal has been q handicap
% threshing operations, but will be;
return to straw as fuel for throshinE
enGdres A more serious element Elk
lists in the shortage Of grain box caB
and the difficulties railroads are la
boring under, which viii doubtless
tend to prolon8 the customary mar
ketlnE period This may be beneficial
in tending to stabilize prices The
VNJIlYaA 0f thA ~v1v> hoe hAAnl rv,A~
emphasized and has been given undue
importance Tho steadying effect of
4 longer period OF marketing may off,
set to some extent the depressing In
fuence Of the enthusiastic reports as
ITO the size Of the crop which have
been given worldwide publicity and.
which might easaly have an adverse
TO be that while the volume OF the
wheat crop Is satisfactory, h gluten
'content which In highly important to
tbs milling trade, is no equal to the
crop Of q year ago Some Of the
EHnan Erain1 nohceahly oats, are
IN many sections oats will DO valuable
{on1y for feed since the price, with
production and threahing costs de-
hucted, VIII Leave NO profit in ship
tping- Generally speaking, the quail
(ty Of all the small grains .is excellent
Eboth - to weight and color Warn
ldnEs have already been broadcast by
|ernor Of a OF the prime pal grain
producing states Of the district to
stack grain and protect, II from tho
weather tn view OF both, the railroad
situation and possible delays in
i: eshing-
~ Crop Prospects
The crop prospect for the whole
United States as reported by the
UNITED States department. of agricui-
Fof spring wheat totaling 263 million
lbuEhels as compared with the hnal
production estimate of 1924 of 29S
fmillions, OF a gin of IS million
Eoushels. On the other hand, the win
liter wheat prospect is for Sal million
bushels as compared with 5S7 mif-
t1ions last year or a reduction of 46
wheat crop increase this year over
last is estimated at not to exceed 9
million busheA In this connection,
It should be noted thai rye which is
an acceptable cereal in foreign coun-
tries as a substitute for wheat had a
prospect or August Y, 1879 of 80 mil
lien bushels Us compared with So
millions last year or a gain of ~ mil
lion buahels-: Wheat stocks on the
tarms in the United States ,on July l
wire OttmotedeataeM than a. million
bushols Is. cptnpGred with less than
ST million bushels . year previous.
j0r 4 decline 5of25 million bushels.
tThe visible supply OF grain compris-
ting the stocks in terminal elevators,
on board ships eor in transit in the
limited States WIS estimated on July
E2o this year at less than 20 million
bushels AZ compared With 1eD than
LIS millions a rear aso, Q r a decline OF