The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-09-29
Business Conditions

business NOnQltOuS
General production activity was
somewhat lower during August thar
previously but many rates are low
and suggest the possibility of i'm
provement in the general business
situation in commercial circles.
Farm Prices
It is doubtful that the general
level of farm prices will advances
above the present level before the
end Of the year.
During the past month cotton
corn, hogs and eggs advanced ir
price but grain, hay, potatoes and
lambs declined. Tie general tendency
is for prices of farm products to drop
in the last quarter of the year due
to heavy marketings.
Wheat
The fall down turn in the price
Of wheat previously suggested has
already taken place. A compare.
lively large crop of spring wheat
amounting to 30S,OOO,OOO bushels il
the United States is more tan 1OO,.
OOO,0 900 bushels greater than that oil
last year and more than $4,000, OOC
bushels greater than the 5-yeal
average. If conditions continue "a.
vorable in Canada, without any ques.
ton further drops in the price Of
spring wheat may be expected.
Average prices for durum wheat
the past year have been eleven cents
higher than for the previous year
In terms Of prices and costs as al
present indicated aurum is the more
profitable crop because Of the high.
er yield.
Rye
The rye crop in the United States
is placed at approximately 50 pei
cent above that Of last year and thu
European crop at about IL per cent
above that Of last year which woult
tend to indicate lower price out
look for rye.
Flax
Flax seed prices usually decline
from August to November and then
advance durinc the winter months
unless exceedingly favorable pros
poets are indicated from South
America and India.
The flax crop in the United States
is estimated to be approximately
24,OOO,OOO bushels compared K
slightly less than 10000, 900 bushels
q year ago. The United States has
imported approximately 10000 coo
bushels during the past year over .
duty Of 40 cents per bushel. Indica
tons are that consumption here thi'
year may equal the 40,000,0"(
bushel consumption Of last year.
Sweet Clover
The present contract price fol
sweet clover is 4 to 4 1-2 cents bu'
this price will probably advance be-
fore spring.
The best available information in
dicates around 20 per cent increase
ia the total production Of swee
clover seed this year and there is I
considerable quantity Of sweet clover
carried over from last year.
Alfalfa
Indications are that the production
Of alfalfa seed this year will b
somewhat less than ths:t Of last veal
indicating ! probability Of highel
prices than prevailed q year ago.
The alfalfa production is allow
average in the southwest but tli
seed does not compete seriously will
North Dakota grown Grimm. Re
ports from most Of the moth centra
states indicate q lower production
Last years prices Of Grimm see,
ranged from SO to 40 cents.
Potatoes
The prospective potato op is in
dicated to be about 400, O0O, OOt
bushels this year compared to 356,
600, 900 bushels last year. The 5
year average production in the Uni
ted States is 1874, 00O, 900 bushels
Contracts have been offered at 6
cents per bushel in North Dakot
for this crop but indications ar
that II the crop natures rs q
present indicated the general pric