American Republican and Baltimore daily clipper. [volume] (Baltimore, Md.) 1844-1846, 1845-11-27


course of an article proving the inuIcquacy Of
the wheat crop of America TO supply the wants
Of Europe, estimates the annual consumption OF
wheat in the United Kingdom of Great Br-
tain at l7O,000,0 900 bushels, and the annual
average production of 100, 900, 900, leaving an
average deficiency Of 20, 900, 900. In lS4i, in
consequence of the increased crop, this deici-
cncy was only II, $4,000. The crop this year
is estimated as at least TWO thirds of the ave-
rage, or 100000, 900 Of misunderstanding Il
deficiency Of 10000, 900. The Albany Atlas
makes the following comments upon these
facts:
SIN looking to the continent and to the ports
from whence supply has heretofore been OBJ
tanned, says the writer, We fad that in Holl-
and the crops are short, and that the govern
ment has reduced the duties on all kinds of TO-
reign grain TO the lowest minimum point. In
Belgium, in consequence of a deficiency, all
restrictions on the import Of foreign wheat
have been entirely removed. In the Baltic
ports all the stock has been taken up, and in
the Black Sen all the surplus wheat las been
purchased to supply the deficiency i'll Italy,
where the crops have also failed. Thus it
seems that the very ports which have hereto
fore furnished England with all she wanted,
cannot now supply her with d single cargo; on
the contrary, they are short themselves, and
have in fact become purchasers instead of sell
ers, and it would seem that the only place
where a surplus exists is the L. States"
Our wheat crop the present year, according
to the estimate OF this writer, NAV be set down
at 100 millions Of bushels of which so millions
will be required for tho home market, and 10
millions for South America, leaving 80 millions
for England and the continent. This estimate
Of the deficiency abroad, made before the late
Intelligence from Europe, is much too low; and
the adequacy of our means to supply it is con-
aiderably undcrrated.
The rise in the price from August last when
it was abont Sig5, to the present range, 500,
upon this vast amount of production, seems to
realize ), oudeful and almost incredible in
crease OF wealth to the country. Celebrating
the rise, from tho lowest to the highest point
(s2.7 IS per barrel Of -four, there would be, talk
ing the estimate referred to as the basis, an en-.
hancemcnt Of price OH the whole crop of Co.
600, 900 Of dollals--of which from % to 80, =
000,0 would he profit realized in the foreign
market, and an actual accession of national
wealth to that amount. But the accession d
price has been by firm and equal gradations-
and on what has been thus far forwarded to the
foreign market the producer shares with tic
shipper and average profit much lower thar
that measured by the present range. 70 the
agricultural community the increase Of price /.
the increase of wealth.
On tho total OF production all the profit that
has been and all that will be realized in foreign
markets IL national gain, in which, under the
Iosco ni, r., tho ;n"rooo ', Gn a.,
derived in the home market will not be rene
raj gain; bnt a flowing Of means from all other
classes 10 the agricultural INTERESTS ana INC en-
tnDyt ,;n9 ,s nn, IN lima H. GIst
viii be to pour in abundant and fertilziny
streams, its rich oIuyium on The great farming
interests Oh inc c'1a''iy'-'f'Oa"g HAS,
New IoHH FLOUR AND CRAM MARKEr.-
There was fair demand for flour in n. Yorl,
on Tuesday, with sales OF Gcnasec at SG.?5 a
s., principally at &G.51, which is about the
ruling rate. Southern -four was held at $3.50
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PROFITABLE Dv''NAS"' FROM my TO s'A'y
POUNDS weight Of Ie'u mineral nave oe3h f''S-
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