The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-02-02

Estimated
1t will be perceived, in reference TO the ABOVE
table, that the expectation Of flour from this coun-
try TO Great Britain in 1881, was much larger than
1t has been any year since, and that in lS40, after
two deficient harvests, the expectation only
amounted to little more than six hundred thou
sand barrels.
Until last year the shipments of grain, such as
wheat and corn, in bulk, have been very limited,
but recently they have been exceedingly large,
particularly of corn. This grain has heretofore
been but little known in Europe, and we have
been compelled to consume at home the immense
crops annually produced. Necessity has brought
about its introduction into the principal markets
OF Europe to very great extent, and the preju'
dices which have existed against it as an article
OF human food having been completely removed.
1t must hereafter be very important staple article
OF export, no matter what may be the state OF
the European harvests. AS an economical, nu-
tritious grain, it is superior to any other in exs
tence, and will.prove as great blessing to the
poorer classes of Great Britain, as it has ever
been to those of this country. The prod uction
of corn in the United States has been heretofore
about four times as large as that of wheat, and
with twelve months notice, or in twelvemonth,
the cultivation could be increased to such an ex-
tent that under favorable circumstances, the pro-
ducton could be nearly doubled This grain is
grown to great perfection in every section of the
count y At the extreme North, and at the ex-
treme South, it reaches early maturity, and is free
from those disasters and diseases which nearly
every other grain is almost annually visited with.
The rich prairies of the West are peculiarly
adapted to the cultivation of Indian corn, and
the yield frequently reaches in that section, one
hundred bushels Of shelled corn per acre. 1t
is the safest, and with yield ranging anywhere
above fifty bushels per acre, is the most profita-
BILE crop our farmers can devote their lands to
and if prices remain until planting time in the
neighborhood of the rates now current, the ex-
tent of soil appropriated to this grain another
year will be immense, and the production, with
a favorable season, enormous.
Fifty cents bushel for Indian corn, pays the
producer very handsome profit, and is equal TO
wheat at one dollar per bushel. We have no
doubt contracts to any amount can be made now
for corn deliverable next fall, at fifty cents per
bushel but our advice to the farmers is, avoid
all contracts. The Western country will soon be
overrun with the agents of spectators travelling
for the purpose of making these contracts; but
the probability that prices another year will rule
full as high as those now current, is so strong,
that we hope the producers will avoid making
such obligations as will deprive them of all the
chances in favor of high prices The real prospe-
rityof the country atlarge depends upon orr agri-
culturists receiving the full benefit of every inn
provement in prices for their productions and we
intend blocking the game of spectators IN every
possible way. The responsibility Of spectators
or their agents, is at all times of a very dubious
characte r, and while the contracts on their part
are fulfilled only they may promise to be profit.
able, they require such security from the farmers,
as will prevent any failure on their part, in the
event of prices being in their favor. Let the agri-
culturalists have nothing to do with these land
sharks, and they will be very sure of making
good years business.
The value of wheat, corn, and cotton produced
in the United States, in each Of the past four
years, has been as annexed -
VALUE OF WHEAT, Corn AND CorroN PnopucrD THE
UNITED STATES.
1N3. 1874 1015.
Wheat. ss5 2953l3 as 0t6 3o9 log $4,000 I3lsassl2
Corn. 76oss,25 2i0,e76 500 2s2 $3.50 &c., 100