Crop Prospects Above 



Average Despite Rain 



Prospects for Illinois spring grains 

 and hay crops, pastures, and all tree 

 fruits are above average. Field work was 

 nearly at a standstill during May due 

 to heavy rainfall in the southern two- 

 thirds of the state. Corn planting gen- 

 erally was late, the same holding true 

 of soy bean seeding. However, chinch 

 bug activity has been held in check by 

 the wet weather. Heavy tonnage of hay 

 is expected. Pastures are excellent. 



Following is the crop estimate for Illi- 

 nois as prepared by the Illinois and U. S. 

 Departments of Agriculture: . .,, 



Average 1923-32 



Winter 

 wheat .30,379,000 bu. 



Rye 757,000 " 



Peaches .. 1,751,000 " 

 Pears 446,000 " 



1935 



30,016,000 bu. 

 1,365,000 " 

 3,600,000 " 

 623,000 " 



Britain Cuts Pork ; 



Import Quotas Agam 



Imports of cured pork into Great Brit- 

 ain from non-empire countries during 

 July, August and September have been 

 fixed at 160,620,000 pounds or a reduc- 

 tion of 20.7 per cent from imports dur- 

 ing the corresponding period from 1934.* 



*Great Britain has been maling reciprocal 

 trade agreements, particularly with its do- 

 minions, for several years to boost its export 

 trade. By government decree various foreign 

 countries have been assigned percentages of 

 the import quotas. This is the program George 

 N. Peek would have the U. S. follow instead of 

 placing all countries on the same level ("most 

 favored nation" plan) regardless of whether or 

 not they buy from us. Secretary of State Hull 

 leans toward the "most favored nation" treaty 

 which we are largely following at present, — 

 Editor. 



Farm Advisers Rusk of Coles county. 



Ward Cannon of Douglas, and Vic Davi- 

 son, manager of the Coles County Live- 

 stock Marketing Association, are co-op- 

 erating in a regular half hour broadcast 

 every Saturday noon over radio station 

 WDZ, Tuscola. 



The program includes music, an in- 

 spirational thought for the week, agri- 

 cultural news, timely talk on farm facts, 

 and the trend of the livestock market. 



While the oflSce of the Special Adviser 



to the President on Foreign Trade has 

 been abolished, George N. Peek will con- 

 tinue as president of the Export and Im- 

 port Bank, and in that capacity will 

 continue the investigational work he has 

 been doing on foreign trade.' 



Farm real estate values advanced ap- 

 proximately 24.2 per cent from March 1, 

 1933 to March 1, 1935. 



PLENTY OF STRAW PROMISED THIS YEAR 



Plenty of straw and a good crop of small grain on well drained soil is in prospect at threshing 

 time as a result of the cool wet spring throughout Illinois. Much wheat on bottom lands is re- 

 ported drowned out. On rich ground some wheat is badly lodged. Nevertheless, with chinch 

 bugs held in check by heavy rains the outlook is for a much better yield of oats, barley and wheat 

 over most of the state than last year. 



Mortgage Moratorium 



Passed By Senate 



A bill introduced by Senator William.s 

 of DeWitt county authorizing a mora- 

 torium on mortgage foreclosures until 

 July 1, 1937 passe ' the state senate by 

 a vote of 34 to 5 on June 20. Under the 

 bill circuit courts would be allowed to 

 postpone foreclosure sales of farms and 

 homes in worthy cases, although down- 

 ward adjustments of mortgages would 

 not be permitted. 



To avail themselves of the provisions 

 of the measure, if enacted, mortgagees 

 would be compelled to show that a delay 

 would increase their ability to meet pay- 

 ments. 



As we go to press the senate als-o 

 passed a bill appropriating $6,000,000 to 

 administer the old-age pension act pre- 

 viously passed by both Houses. 



"Phis Act provides for a pension not 

 to exceed one dollar per day for indigent 

 persons of 65 years or over who have 

 not more than $5,000 of property. No 

 new taxes have been proposed to pay 

 the pension which, if signed by the gov- 

 ernor, will become effective in 1936. The 

 money would be paid out of the general 

 fund of the state and presumably would 

 come from the three per cent sales tax. 



Donald Kirkpatrick, counsel for the 



I. A. A., and J. F. Cox of the U. S. De- 

 partment of Agriculture are scheduled 

 to address the annual meeting of Egyp- 

 tian Seed Growers Exchange at Flora 

 June 27. 



linois Grain Holds 



Meetings During June 



Illinois Grain Corporation held a series 

 of district meetings for managers and 

 directors of elevators during June a' fol- 

 lows: Jacksonville, June 5; Edwardsville, 

 June 6 (afternoon); Taylorville, June 6 

 (evening); Elliott (Ford County), June 

 17; Lincoln, June 19; 

 Delavan, June 28. 



At the Jackson- 

 ville meeting 15 

 farmer elevators of 

 which 10 were mem.lH 

 bers and five non- 

 members, were rep- 

 resented. At Ed- 

 wardsville 11 ele- 

 vators, all members, 

 were represented. 

 At Taylorville rep- 

 resentatives of 13 

 farmer elevators of 

 members of Illinois 

 were present. 



At all of these meetings matters per- 

 taining to the affairs of Illinois Grain 

 Corporation and Farmers National and 

 the local elevator, were discussed. Presi- 

 dent G. C. Johnstone and Manager Har- 

 rison Fahrnkopf led the discussions of 

 grain marketing problems. 



C. P. Cummings, manager of the 

 Farmers National at Peoria, N. P. Nel- 

 son, manager of the Farmers National 

 at St. Louis, and John Power, represent- 

 ing the Chicagp office, attended all of the 

 meetings. 



HAKKISOH 

 FAHSHXOPF 



which eight were 

 Grain Corporation, 



JULY, 1935 



