Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1853-08-29
BreadssuHs.

OBSERVATION-DISCLOSURES.
Speculation in the commercial world, in re
gard to the prospective European demand fol
breadstufs, seems to be quite as vscilla,ing and
contradictory as the conclusions OF diplomats
and letter writers on The result of the Russo.
Turkish litigation. The slight rise in the " heat
and -four markets short time since, predica,ed
on the prospect OF an European war and re-
ports of unfavorable weather in England and
portions Of the continent has partially given
way before iumors Of peace in the East and
the Frightening of the skies in England. We
doubt whether either OF those causes--graniing
that no European war " i'll ensuc. which is still
doubtful. can now operate a reduction IN the
price of bresdstuffs. The basis of our concu
sion is the increased demand for foreign i'm
ports Of breadstuffs, which must inevitably exist
during the winter & succeeding year in Eng
land and in France.
In illustration Of the above view, the follow
ing reliable estimates. taken from recent
number in the New York Economist.are pre-
scented.
BY comparing the quantities of wheat i'm
ported into Great Britain for six and ball
months, from lst Of January to the middle Of
July of 1851, '52 and SO. with the quantities
sold at two hundred and forty towns hich
regulate the average. we find the following
results
ls5i-Wheat Imported .qrs . 74i
Sold .-.-...---.-..---.22s7, l32
lS52-Wheat Imported ..............-...l.19 1872 7 |
Sold ..----.t 3.bll 33l
1881 Whent Imported ,0JD 3D4
Sold ........ .-.-..---..-2 5O60
1t is thus seen that the quantities OF whea,
imported hive been larger than last year, bul
the quantities sold at the British towns have
been less. Notwithstanding that the average
prices have ranged 10 per cent higher than last
year. The average prices this year have been
in advance of,he average Of the two preVIou
years. and hence ii is inferred that the stock o
wheat in England could not be large. siace
higher prices have failed to draw out so large
quantities. The new harvest is now to come
forward, and the yield will he less than
ageon land oneIhlrd less than last year The
estimate last spring wins as follows
The estimated quantity Of land planted with Ore.
Wheat in England. Wales md ireland, is
5000 900 acres, which n four qurters per
mere, is equal to ............... 10000 OOC
Owing To the ungenal autumn md winter,
only two thirds Is estimated 10 be planted,
10 this has To be added sixth the
probable quantity to be sown IN the spring.
which, pposing the weather is favorable
up TO the harvest gives 1866 ,G6s
Deficiency NEUTRALITY-SUSPICIOUS.. 1898, 49,
Supposed deficiency sixth planted in
spring compared with the antutnn-sown
four bushel. per NEUTRALITY-SUSPICIOUS.. 466 Got
Total estimated deficiency ...... 37ggggS
The weather has since proved more unfa
vorable than this estimate Contemplate Ia
fact which swells the deficiency TO a much
higher figure. The quantity of wheat and
flour imported for the two years will STAND
thus:
1851. 1852
Wheat imported ......qrs... 3 Sal s36 3,O6s sog
Equivalent in Flou .qrs.- ,532,422 LII ,3Os
TOTAL ----.qrs.- 5,36425S 4, 100, 20l
4,l80.20l
Decrease. -. 49,, ~ ,J57
If the deficit in crop, as compared with u
sual years, should be 4,0U0. 900 qrs, the 70
quired amount will be 100000 qrs France
the Economist proceeds to say has been the