Evening star., 1927-08-01
CROPS ARE BETTER
IN i. S. NORTHWEST
What Farmers Will Do With
Increased Income Prob
lens in That Section.
By j. G., ROYIE.

! Special Dispatch to The Star
NEW YORK, August 1.-The harv-
esting Of Winter wheat will get fully
under way in the Northwest this
week. The eight major railroads of
the Northwest have assembled 10000
cars on reserve tracks to carry the
bumper small grain crop to market
This action shows beyond any ques-
tlon that vastly increased grain crop
is expected
Calls are being broadcast from some
districts for farm help and this need
| is imminent since the first of the
Winter wheat already has arrived at
the Twin Cities. j. G. Reid. president
of the Minnesota Farm Bureau Fed
GRAFTON, already is comforting with
traffic experts to assure an adequate
supply of cars. and these conferences
are being participated in by merch-
ants, farmers, bankers and shippers
who are anxious for an orderly crop
movement
Some Not Satisfied.
Despite the high yield, it is being
thoroughly borne in on merchants and
financiers that the trainers of some
sections and consequently the merch-
| ants and bankers are not satisfied
They still look to Federal authorities
and Congress for relief from some of
the problems which confront them
They apparently are not insistent on
the cNaryHaugen bill, but they
want some legislation which will be
equally effective.
knowledge of this feeling is caus-
ing some merchants to wonder with
considerable anxiety whether this dis
satisfaction will take the form of re-
fusal to buy. The latest figures based
on formal estimates of yields and
prices indicate there will be an in
crease of $3.50, 900 in the revenue
which Minnesota, North and South
| Dakota and Montana will obtain from
small grains. Ralph Budd, president
of the Great Northern Railroad, who
has made thorough survey along
the lines Of his road, is not satisfied
with the estimate. He places the in
crease in income for the Northwest at
| $3.50, 900, 900. Late favorable weather
| and the present condition of the corn
| crop. which experts say needs but A
week more hot weather, are respon-
sible for his statement.
There has been some quickening OF
retail trade in the territory, and whole.
salers are commencing to get recorders.
Normally the increased yield in con-
nection with present prices should ia
vorably influence general business not
only in the territory, but in the manu-
featuring and industrial sections of
| the country. But what the sentimen-
tai and psychological effect of condi.
tions may be is still unknown.
Nobody Wants a Boom.
If sentiment turns favorable. farm
| building should be resumed. with a
consequent effort on material markets.
| SO should purchases of farm equip
| ment. Nobody expects or wants a
| boom In the territory. What they
want is establishment of farm val.
| ues on sound basis. Sentiment must
| naturally have considerable to do with
| this.
1t should not be overlooked that
| Canada is as favorably situated in re.
gard to grain yield as the States of
this side Of the line. The Dominion
Is even more favorably located SO far
as the export situation is concerned.
| After all, it is the surplus grain sold
| largely in Liverpool which dominates
| the prices which must be accepted for
| grain in the markets of the United
| States
Railroad earnings in the Northwest
have not been satisfactory so far this
| year. The totals for the first six
| months have compared unfavorably
| with those for the first half of 1925.
Now an entirely different picture is
painted. No matter what the farmer
reels, he must transport his grain.
| ana the increased tonnage resulting
from the increased crop is sure to add
| materially to railroad earnings.