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Lucky Farmers

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Parent Issue
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OCR Text

FAKMF.K8 A HK HAPPY. Nhw York, Aug. 17.- Farm profits will be $1.000.000,000 more this year in the United States than thcy hav been during the recent ye;irs of depreselon. At least this is the estímate pat forwarri by the American Ariculturist in its anr.ual rerjew oí the harvests. to be pablished in the forthcominjj Septonibe issue of that magazine. On the basis of present prospects this authority estimates the corn erop of 1891 at 3,000,000,000 bushels; wheat, 500,000,000, and oats 622,000,000 bushels. This makes the total prospective erop of corn, wheat and oats 3,132,000,000 bushels, or 28.8 per cent greater than last year. and 14.7 per cent. over the average of the preceding eleven years. The American Agriculturist believes that unless unexpected influences wholly change the current of event the value of corn on the farm will average in December fully 50 cents a bushei; wheat, 81 per bushei and oato at least 40 cent. On this basis the value of the corn erop to the farmers will be $1,000,000,000; wheat, 8500,000.000, and oats, $350,000,000, or a total of $1,750,000,000. This is $450,000,000 more than the value of these crops in 1890, and 25,000,000 more than the value of the average of these crops from 1880 to 1890 inclusive. Cotton and rice will command better prices than last seaBon. Cattle are worth one-third more than eighteen months ago, with other live stock in proportion. Tobacco is advancing heavily for cigar leaf (contraets being made for the erop in ttie field at an advanee of 15 to 50 per cent. over last year). Hops are iirm at good prices. Winter fruit will eommand large values, and all vegetables are yielding fairly, with every indication of a remunerative raarket. The export outlook .vas never better; immensely increased sums will be sent to the United States for our produce. The Agriculturist says there will be no return of "war" prices, but the money received above expenses will go iurther and enable the farmer to get more value out of liis profits thai; at any previous poriod.


Old News
Ann Arbor Register