Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1853-10-18
In, rOreIgu nark,t for Rread,tua..

The Foreign Market for BreadstEa,.
It's pretty well settled that the price Of bread.
s.pffs must range high without regard to the war
question in the East Every steamer that arrives from
Europe brings OF advanced prices it is and
manifest tina; the foreign markets have far been in
1uenced more 10y a short crop than 10y the probabl-
itieS of war The conflicting StatcSmcnts that have
r some time past been given Of the harvest in Great
Britain and the Continent have given place to the
fcneral concession that the crops are far below an
-avcfge. The most diScouraging reports that were
frsttRdc Of short yield have been fully confirmed
and onV question there appears to be hut one
1opinion. Rm our foreign files received by the
steamer Prev to the last arrivals gathered nu-
metous articIss going To sustain this view-udccd we
saw nothing to the contrary in any of them. The
files brought by the Canada and HUMBOLDT furnish adj
ditonal evidence to this effect I'm extract given 10y
the New York Enquirer from the Liverpool courier
says this subject
ITO France we some time ago directed attention in dis
cussng the present subject, as haviugs important
connection with future range Of prices aud supplies Of
breadsgfs ani our anscpaons have been fully confirm
ed by the result.
BY a careful estimate there was 10 per cent grs.
less wheat sown than in the previous year.
equal to 5000 600
The yield Of the quantity grown IL % rer cont
less than last year, or equal to 100000
100000
This short quantity sovu was owing to the same iprs-
tcsblc weather which has caused similar result in ;hi>
country; and the deficiency of Weld ia fully confirmed for
exact estimates have been made in the B4uce the Be
and several other districts and the result - is SO
this last number representing an average quantity the
former the present crop The Prose- and the Journal T.
Dsbdts oast week that thc harvest secured stated
there is lat easa deficiency OF sj per comparec
with average crop
Assuming average harvcs, OF wheat in the United
hlngdoH 70 De 100000" quarters there viii be d,a
cheney from short sowing in the prescu; mop, OF - per
cent or equal TO l5'nulp quarters and 10 the WELD OF
what IL growing, OF 10 per less than last year saw
2,oOOOou, making total OF 6, 100000 quarters.
OF the bad yield have proof from various important
counties, and ike the result in France IL will o., fo.nd
that there great deficiency in the number of aias in
each year which no fair weather can remedy
Thus between England AMI France there il les wheat
by lSooOoOj quarter compared wi,h a,, year Whence
can a portion OF this be draSuy
In recently discussing the question OF future sources OF
supply, We alluded to America, explained her position
and showed she could do cora lr;lc in M re.
emergency, With hev crop Of 100000 quarters and
WIN an increased brea1-esti1E population"
Another article we clip from the lat foreign intel
ligcnce makes the following statements:
In the Corn trade the excitement had increased rather
than diminished and prices were sill expected T., 90
higher the wheat crop 10 the United Kingdom e- more
deficient than ct fir, suppo.,i, wuie u Franco the
deficiency greater than iu Eg.4a. a.! In mos. o.:
the countries bordering the BI,, the quality and .f,-,i
~ Of grain was inferior expectation and adding IN
these considerations the irar OF between Russia ana
"
be intercepted, still il-rhe- RS. In prices or.- 30,
Mtrk Lane on the 20 u'- IT., rr..e. asked =, ,f..
opening Of the mars. ev.ravl-lnt but sbe mont
~ q clearance was effected a!v.nec on N.clt OF s.
per quarter over tie prices qul.cd on the 10 l'--
Foreign wheat also 9. % e.. rar quarter b-A,- H.,
top price OF household Flour va, tom 2s 10 s.. des-r
than that day wecs Indian Corn, about was held isg
several sA'Iulg- quarter higher Bailey, Oats AMI
Beans Is 70 > quarter hrrcr. seeds delr,r
In the market al Marx Lane on the 9s.h hollers of
wheat and h2ur demanded consider. be aivaDc, r.r
.F l rH.
"m'y is per quarter for wheat; American a5ur again
eighty improved
ton mario, cod nr'ooa ,o,s ,.s ii.l,-, ID r-
dcrgone a scnarl Improvement.
But 1t appears that !. is no; only the whoa. cr-p
that Is deficient The barley and oat crop ais, fall
short to a greater cXtc-t than was artciiatcl and
the scarcity Of Jroai.ils for the year Is5 +, likely,
70 be more general at least than that of 1917. Tn.
advance in the rate OF discount already established by
the Bank Of England is pretty zoo Indication Of the
fears nteItained in this respect. The famine Of
1917 was attended by a like advance in the money
market Of Great Britain. With such deficiency If
breadstuiis-amountng 20 - per cent below an ~.
erage yield, and Of 100000 quarters Of wheat In
England and France alone, compared with the crop Of
last year thc force Of the question pronounced Inv @
Liverpool CoVrisr presents itself as to whence On,
portion Of this deficiency be drawn II must come
from this country and Russia An estimate +. made
by the New lo-k E.lnirer Of h, capacity Of tb,
twocountries to supply the def eu-v from -,,,i
OF 1885, Its estimate that Russia can furnish from,
the port or the Bll;i and from th. B,.., Saa ,ua
lo2 che;war,s orwL-a.og &c. -i- 6.2 bushels and H..
United States a6Cspt.j bushels. Beside, this. how.
ever, are large quantities Of Indian corn, rye, barley
oats, &c, from both counties. We have only the
estimate Of deficiencies in Ene'and and France Of ,rr
wheat crop compared with last year, which, as before
stated amounts to la,o010lJ quarters or about IL
100000 bushels Should war break out the ,urrlir.
IRON the Baltic and Black S-a would be en-, off and
tins country would become the only dependence. In
any event it appears certain that br.ad,tuir, mus,
continue to command high price in the foreign
markets Gu
Richmond COLLEGE
We are informed that tdis institution Io,,,a5 .t.
hal mile above our city, is about 20 appear r ,.,,
imposing attitude The Trustees are now making sr-,r.
menis to cree; buiiiings suitable to the object, Which 10