Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
OUTLOOK IS BETTER
IN THE NORTHWEST
Crops and Morale of Farmers
Much Improved by
Recent Rains.

Special Dispatch TO The star.
NEW YORK, July 1.-The physical
condition of the crops and the mental
condition OF the farmers throughout
the great Northwestern grain States
have both shown marked improve.
ment in the last few days.
This is being reflected in every line
of business in that territory, and it's
effect is being extended to industry
and trade in general throughout the
country. With harvest progressing
satisfactorily in the Southwest. the
agricultural area. where pessimism
still is rampant, Is being materially
narrowed
Private advices from the wheat
States today indicate "A yield of 564..
600 900 bushels Of Winter wheat and
EOS. 900. 900 bushels of Spring wheat
The total yield of 712 BOO 900 bushels
indicated is nearly 100 900 900 bushels
more than was grown last year.
Crop Outlook Bettered.
The rains which have soaked prac-
ttcally every acre of Spring wheat and
era in territory have bettcred the crop
outlook. Farmers are not satisfied
with prices for small grains and they
feel they We're entitled to Federal leg
islatIon to bring about relief. But
the check 20 buying. which had been
noticeable in the Northwest, has been
removed, showing It had been due
rather To crop uncertainty than to an
approaching period of real business
depression.
In some districts the rains which
have already fallen win carry the
Spring wheat to maturity. The corn
outlook In the Northwest is particu
larry encouraging. as IL was dry inst
long enough for the farmers TO get
into their fields and seed all the acre
age before the rains fell and gave
the crop start
ne peSSimism of the Northwest
according to dispatch today from
t.. ~. lck'er president Of the Amer.
ican National Bank Of St. Paul. which
ms correspondents in many parts of
IN" Northwest. has been largely
mental.
Condition Excellent.
me rains will wipe out this feel
ing" he added We fnd conditions
excellent. Our deposits have increased
more than 500 900 in the las, wear
and our earnings have kept pace
so that We have decided to raise rho
permanent dividend rate of our in.
stltution from 6 to s per cent a wear
Recent moisture will do a tre,nend
Gus amount OF good to the grain
crops. said w. G.. Hudson OF the Van
Juseh- Harrington GO. OF MINNEAPOLIS
men mas scores Of grain elevators
ana dealers throughout the North.
west. In North Dakota and Mime
sofa thefe are some districts where
he Heids look thin and uneven. but
our correspondents believe such fields
,ooh VIII SNOW Improvement and pro.
luce fair yields. Quite a percentape
If grain this year is late. Barley and
oats show better condition than wheat
Since they We're seeded later. Prac.
llcailN all the fax has been seeded
ana the general condition or the fields
IS Good. Corn has not suffered ex
'ept possibly in central South Da
<ota.
one If tho most difficult problems
has been paSturage. owing to the
brought. The hay crop has been
poor. and MANY farmers contemplate
their live stock. The mois.
-ure will undoubtedly improve pastur.
age and prevent live stock from being
inopportunely.
Live Stock Industry Earnings.
Earnings in the live stock industry
are better than they have been for
Years. and breeders seem assured of
adequate profits. even if there should
come moderate slump later. Feed.
ers and finishers are working on q
narrow margin of profit, despite the
ow cost Of feed grain.
The heavy rains have also prevailed
throughout the prairie provinces of
'anada. Conditions are promising
'or a big crop. but warm weather is
needed. Loss from cutworms and.
,ther pests has been light in western
'anada. If conditions in the Domin
on continue good. the crop will he
1eavy and exercise a depressing effect
IN prices of grain for export.
The fax yield OF the American
Northwest is not expected to be par.
icularly heavy, but this is due to low
prices. with consequent reductions in
acreage, rather than to weather condi-
ions.