Gunnison Valley News | 1919-05-16 | Page 2 | Billions to go to Farms for Wheat

BILLIONS TO GO TO FARM WHEAT RECORD BREAKING YIELD TO BE OF IMMENSE PROFIT TO THE GROWERS. American Farmers Will Have More Than Two Billion Dollars to Spend on Account of That One Crop, to Say Nothing of Other Crops. New York. The government of I lie United States has announced that tiie winter wheat crop of this country will be, in round numbers, 900,000,000 bushels, bush-els, which is the greatest on record. At a price of $2.26 a bushel, this means that the farmers will have more than $2,000,000,000 to .spend on account of that one crop. There are the other crops of corn, spring wheat, oats, hay and cotton which will give the farmers of America the most enormous purchasing pur-chasing power they ever possessed. Pinal disagreement between the railroad, rail-road, administration and the iron and steel institute gives the country an open market for steel, the same as it has enjoyed for some time in copper. This is very important and a favorable favor-able development for the business interests in-terests of tiie country. Oil is being developed in the United States as never before in its history, and is of vital interest to the nation, which depends upon sufficient petroleum petrole-um to provide superior fuel and engine power for ships, aeroplanes and automobiles.