The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-01-05
LITTLE FISH IN BIG POND
Bismarck. N. D.,
Dec. 81, 1882.

lVC. 81, 4SO<
Editor, Tribune:
Following is clipping from the mar
ket reports Of the Chicago Tribune un
der date Of November 3Oth, 1882:
WHEAT PRODUCTION IN
NORTHERN HEMISPHERE
World production Of wheat this
year. excluding Russia and China.
appears to be practically the same
as last year. with almost nothing
10 come from Russia, says Nat G.
Murray crop expert for Clement,
Curtis & Co. The department OF
agriculture's estimated wheat pro-
duction in the northern hem
isphece is l72,000,O00 bu. against
3,l63 100000 bu. last year Since
this compilation Jugo-Slavia has
reduced its estimated production
ll,28O,OOO bu.
The trade is convinced our
spring wheat estimate will be re-
duced by about 100000 bu. be-
low the 270,O00 900 bu. production
previously given by our govern
ment. which, therefore, will show
the 1882 wheat crop OF the north
ern hemisphere to be approx
mately 25.000000 bu. less than in
1881.
Southern hemisphere crop is yet
somewhat uncertain, but indica-
tons are that both Argentina and
Australia will produce little
more than last year-probably 35,-
100000 bu. over last year would be
a fair allowance. Last year the
consumption of wheat was slightly
larger than production-that is.
reserves at the end of the season
were somewhat less than at the
beginning.
This shows that in the northern
hemisphere. which includes the Unit
cd States, Canada, all European coun-
tries. Russia. India. China, over three
billion bushels of wheat were raised in
both 1881 and 1892. These figures do
not include the wheat raised in Aus
tralia and Argentine or other coun-
tries south of the Equator. amounting
to several hundred millions bushels
more and in addition to the over three
billion bushels raised north Of the
Equator.
Anyone who claims that by placing
IN embargo on the shipment Of wheat
from North Dakota the price Of wheat
will rise to 81 per busllel is either very
gnorant, very foolish or a mere dema-
yogue. In 1881 there was a practical
allure OF the wheat crop in North
Dakota. The greater part Of the state
lid not raise enough wheat for seed
or the 1882 crop. Nature. itself, plac-
d All embargo on any wheat ship
nents from this state in 1881, yet the
,rice Of wheat during the fall Of 1891
vent down.
In 1882 the North Dakota wheat
rop was perhaps one hundred million
bushels larger than in 1881. At the
anne time the winter wheat crop in
he United States was around SOC, O0O,-
100 bushels less in 1882 than in 1881
making the total crop Of the United
states. according to the very latest
igures, published since the above were
ssued. some 25O,OOO,O0O less In 1882
han in 1881. yet the price of wheat
las kept going down all through the
'ear until now it is the lowest on
'ecord.
In almost any year the entire wheat
.rop Of North Dakota could be entire
J wiped out and the price of wheat
would not be raised three cents a
oushel as we here have to compete
With the three or four billions bushels
If wheat raised III the entire world
As matter OF fact the entire wheat
crop of the United States could be
wiped out and the world price OF
wheat would probably not be raised
Ell cents a bushel.
This is partially shown through the
.act that III 1891 Russia. for instance
Exported a great many million bushels
Of wheat and in 1882 is exporting nc
wheat and is actually importing
wheat, mostly from Australia and
Canada. Yet. cutting out the former
great expectations Of wheat from Rus
sia, the price Of wheat still keeps CO.
Ing down.
This fall the winter wheat crop IL,
this country, in Kansas. Oklahoma
Nebraska and other states has beer
badly damaged by drouth and the re-
cent cold wave with no snow covering
and. according to the latest govern.
rnent and semi-official reports, the
winter crop Of this country will, al
present writing be at least fifty mil.
lion bushels lower than it was in 1882
And even 1882 showed the smalles
winter wheat crop raised In this coun.
try in a great many years. Yet, thS
price OF wheat keeps going down.
Why cannot stop be made to sucl
ignorant and foolish Measurements a!
have been made this fall and wintel
to the effect that an embargo OF
wheat shipments from North Dakots
would raise the price of wheat to 1
dollar a bushel or any other amount
A normal crop in this state of arount
one hundred and fifty million bushels
is only about three per cent of thu
crop Of the world. I ask you, asl
these people making such foolish, in
sane statements. would the loss o
three per cent of the worlds whea
crop raise the price to our farmer
three times over its present level? VIII,
don't people stop and think?
Yours very truly,
Rex v. King.
FOR GAME AND FISH
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