Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1854-03-28
RICHMOND ENQUIRER.

RlCHMOND ENQUIRER.
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BY nITCHIEs s. PRYOR.
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| MONDAY MORNING, MARCH II, 1851.
TIE CONDITION OF THE WHEAT MARKET.
Apar. from the interest with which, us spectators Of The
chances Of war; regard the struggle between Russia and
the Aeu the embronsnt OF Europe attracts tho etten!lop
of the people of this country by Its effect the prco Of
agricultural products The New York Courier Enquirer
reliable authority 10 such m1ttes presents iacts
and specula,ons 10 regard the condition of the whea
market, which will be read with especial ntees, by
f,lends 10 the county. The prohibition Of tho Export
grain from Russia says the Courier OF ds of tho
great sources Of supply for Western Europe.
In ls47, the amount Of wheat and -four Imported
from Russia into Britain S5O,4s7 quarters ia
lsls it was 6233e lu si9 599 500 quarters Sure
ly The suppression trade like this OF no small
consequences In fact thure Is question of ssa.er I'm.
thor It will bo possible supply the grain markets of West.
Europe, In the next crops as deficient the
last II will surely affect The fortunes Of the approaching
war; and may affect the fate Of dynastes. LOUIS NAPo-
awake 70 this fact when he devoe nearly half
mis- speech to the Senute 10 The effort TO all uppre
tensions OF continued scarcity II has evidently
desire of both the French and the English Governments
shape their statements so as 10 prevcn, rise n the home
foreign MARKET with particular reference to the half
year commencing with the present m3nlh Now, in set
ting wha, credit ls actually due TO the generaes which
they freely indulge In there certain data which will
population of England Scotland Ireland and France
far short Of seventy millions; and that those seventy
millions require Tor their monthly consumption forty
million bushels wheat and for their yearly consumption
about Ave hundred and slSly -four millions. The quantity
OF grain yearly grown in France Is circulated to
from one hundred foy-fve to ono hundred and fifty mil
lions Of hectotes. The quantity OF -four used in France
to 600 hectoes day, which is 30 600
Tile flour exported from Franco is quite considerable but
only consists Of hour made with foreign grain The
yearly importation Of grain In France is G heclo
while the expectation only 10000 hectQes. The i'm
po,taon of the grain wanted for The anenalon Of France
would employ alone two Thousand ships year. Tho
of wheat In FraRce Is 10000 hectores
100000 900 English bushels The yearly consumption Is
400 600 600 bushels The population OF Great Britain Ire
land yearly l600OOO0O bushels OF wheat
440 600 bushels per day.
The deficiency the crop Of Great Bstan and France in
1883 twenty FIVE per l40 600 QUO bushels
The general deficiency of the European grain markets for
that year. may be rated follows: In France 73 600 900
bushels where also the potato vas no, less than
fourth of the average Of The last fye and the def
cheney 10 wine OIL and cnestpus la still greater popo!ou
Britain As 900 00O in wheat and much Of other
grains with po,aoes in Belgium uod Holland 800 600
in grain; in the Rhensh provinces. Prussia Switzerland
$4,000 00O in lay and the remainder OF Western Europe
Isl 00OoOO making grand total 10 he deficiency OF bread
stuff, hundred and hty i've hVe hundred thou
sand of English bushels,
The suppyis estimated BY very competent commercial
authority 10 follows: In Poland the crops been
very short and also In Russia is by tina high prices
asked for grain the Baltic ports before the failure of tho
ban Provinces the harvest was good yet 1t s known
the socks there greatly ssened by the expectations
the Mediterranean and 10 Ffsoce. Tie aggregate annual
exports Wheat from the Black Sea have exceeded
900 bushels and of This three ourhs was exported
between the first of September and tbs first Of January
last
plyne7 II has Yet been abl5 10 export Than
20 900 900 busnels in single In the U. S. Patent
sidered letter. written by tho Hon c. r. HAleoaB practl
cal aud scientific farmer residing In OF Delaware
On subject Of the Wheat ct"p Of The United Stars he
first that the crop Of lS4s undoubtedly
Commissioner Patents l26 0000 600 of bushels which
IL undoubtedly high esmatt estimating our annual con.
sumption for ament and FOR seed be 100000 O0O
shall have increase the the rate of five millions OF
out ms king provision
from Europe last indicating that the increase
our free white population from 1870 TO 950 was over SO
cent. Mr. HAio'An correctly Etaes mat Inc ~hea. ass
Of latitude and twenty degrees on longitude embracing
,bou, half the number of the Sates so far as aoY appreca
bic is grown hence 1t y mistake apprehend 10
suppose our country great She1t growing county,
tbs ordinary uunual crop OF wheat 10 Eog
land and Wales Is nearly If not quite equal In quantity 10
Mr. HAlcoMs right But let his opipon be accepted or
not we have materials for substanatnX The following es'
mate of present and coming condition ID regard 10 &C.
realsi ,,~,
Stock of Wheat and Flour in the United States,
tedncing for seed to plan, Ia October 1858 IN nm nm
0N'"''' lat March, 1854.
Deduct for consumption In lhe
months, for 20 600 GOO wh1e
population, at 900 900 bushsss
per month Is bo,oVOUUV
Deduct actual Expectation during
'a'u N'D'A' - $4,000 OoOI
Stock remaining IN the United STATES q 600 900
The demand to ls August 1854, may bs estimated, WIZ
'' a., a 600 COO bushels. yi '1'' '''''' ~ 10000 900
g. Demand for Expectation, for the next
Of fcanIi millions busheIs pc. mon,h, $4,000 900
5000 600
Deduct stock remaining Oh let March, 1854 as ooo
above, <1'Voo ooo
Deficiency o! supply Is. March, 1854 bushels 5o0oo0V
domestic consumption and expectation OF IL millions
bushels per month"; would exhaust the entire STOCK
BY lat May, 1854. o.:
Admitting the deficiency OF Wheat 10 France Great bfl-
ain and Holland of the crop OF le53 was ls0 OF
even 100 600 600 bushels the only source OF srpp Is tto
VIA oooooo,,
Estimated deficiency bushels leoooo.oeo
l. Black Sea- ZOUUO Uoo
z United States, SUuyU Up
Z Baltic 100000
IS O0O,O 900
,hfa sunnlv nm Ia January, 1854 there had