Rensselaer Union, Volume 6, Number 46, Rensselaer, Jasper County, 6 August 1874 — The Wheat Crop of the Country. [ARTICLE]

The Wheat Crop of the Country.

Qur readers will remember that some weeks ago we expressed the opinion that the wheat crop of the country would not be much above -an average this year, ttnd that the crop at purl own State would scarcely reach that. This opinion has been' confirmed by the digest of the crop reports sent out by the Agricultural Bureau, just received. This digest estimates that the wheat crop the present year, will reach four per cent, above an average, but our own State is only reported as having reached ’‘nearly or quite an average.” According to these reports there will be little more than the usual surplus in the country, and as there is a greater deficiency of old wheat than usual, and a strong probability of a larger foreign demand for breadstuff, there is every reason to believe that the prices of wheat and flour will be good. Crowding the warehouses early with wheat may and will cause temporary depression of prices, but those who hold their surplus until the effect of overcrowding the market has passed away, may feel assured of realizing paying prices for their surplus wheat. Those who are compelled to sell at once will most probably be the losers by from twenty to forty per cent. This is the premium paid for the privilege of contracting debts. There is no wiser maxim for the farmer than to “pay as you go.” No method <3f dealing will yield to him so large a percentage as this, and none wi 11 so sure 1y 1 ead to prosperily. — Indium Farmer.