Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1856-07-11
10 TnF snroR o, rnl MAS I.Sr EMPRESS.


SiH-In letter signed "A Corn Factor" in yonr val
abc paper dated the "a of April last il stated that
inssnch as the last harvest detected Il would he
qIiSite maintain sufficiently high price oi wheat "a
this country TO encourage import and prevent export
IA order 10 secure sufceDcy OF supply until another
harvest had been gathered Now, any one Acquainted
With the al the trade thea knows that
there has been regular export ut wheat taking place
France Belgium and Holland aud recently to Spain ia
consequence o the injury sustained the crops the
last named country from the heavy rains The i'm.
ports oi wheat consequence Of the low prices prevail
ing here, are falling oh-that Of MAY being only 900 5OO
qrs against $50 ~ last year with the prospect oi
still greater falling of in the NEXT three months the
ports OF June 1888, having been 42 S65 qrs; of july
i429I1 qrs, and III August. $50. POS qrs
That the crop last greatly deficient Is proved
10y the TACT that The imports tor the first eight months
sine" harvest this have amounted to 20s6 3GS qs
whereas they last year only 49, 23T qrs. and
that the exhaustion Of the present crop have been
sSely proceeding, Is proved by the quantities delivered
10y c farmers they having been in the period from
sept to May 81 eight months s567 759 qrs against
1859 sGa qrs in the period Last year These
FACTS think, gainsay the idea Of diminished consump-
ton A. them the present low prices the average this
week being ole cd, against as. 3D. last year,
likely 10 create great import hence till harvest does
tappear improbable that may he short before another
cropY The country merchants the thrashing machine
owners aud the farmers themselves all unite in the opn.
ion that the stock of wheat is fast wearing out and
In any of their reconectons, small How, then,
ar we To get supplies adequate our wants until
harvestr For my part am decidedly Of opinion that fine
wheat will be very much deaer after harvest and through
the autumn than From whence shall be able "a
get old wleay From America, are told We can get
| no quantity Of fnc wheat, and in the Baltic know
| there is urx to none
Since the peace negotiations have been signed there
has been but cuckoocry that prices high and
that they must be low with peace and yet the 18th
April, 1856, in the EeOHoHiS paper find this remark
The readers Of the Eeonoaist be well that
the comparatively high price Of grain, which has
unued Tor two years and half set in alter the harvest Of
1883, and that the average price OF wheat III January
1894, bJoTe NE ~dr bega", was SSs. 3D." IL is nov
| GIs. Pd.
Aud then again ~ answer TO- and IN refuiation or the
absuries ndnstriously circulated about the fabulous
supply Of wheat ifom Russia find stated in the March
Q"tTi'Hg Of this year Several years must ehpse be-
lore the Russian provinces agHin furnish the
sending to the shores Of the Black Sea those supplies
Of grain which formerly poured into the markets
Europe, aud formed the riches Of the important aud
hounshing portions Of the dominions Of the Car"
There never time little iraugh with specnla-
on the last twelve months owing to the high value Of
money. the great caution Of those 10 trade and the deter
minatiUn, especially IN the trade keep light IN
stock lear may reap the Inconvenience; for
night ioONg day will higher piices and dearh
occur the markets Of Great Britain Summer cab
bages green peas, aud early potatoes might sub
stucs, but doubt there being fesoricd TO while employ
ment H. easy artisans and labourcrs wages 80 good
and the general mercantile trade O the country rto+
porous We -ba now sec very high prices With very
small supplies
Wha can NJ. Card tliak Of HE absurd vaccinations
win s great crop imports have already been twice
what they were last year The estimate Of hose ~ III,
corn trade uc Mcsrs Surge Taylor and Bright and
others, 'e the deficiency GUu qrs, and i'm
port To the end of May is only 1892 sos ORE Whenc,
can We get the rest "a millions of quarters, in the
next three monthsY This ia the position which Grea
Britain has realize Harvest IL likely be later
than last year 10y about fortnight unless have very
forcing and nuinterrptedly fine weather which would d
minsl tho Weld AZ least such j. tie present
appearances tie ground.
CosrAsr RsspEs
Loriop, Jnse "a, 1856.