Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-08-05

The Breadstuffs 1IarIxet---The Prospect.
From the New York Herald. July 90.

From all that We learn, forward very active
business 0esdnns here this faI, and export
preston prevails certain quarters the price
Is nny 20 thcSunry and that II will prevent shipments
There greater this country than p -four
and II reality only cheap thar the foreign trade
figures will make these prop plain and obvious.
Is Supposed that the total wheat Of The United States
This year VIII 2O00 coo bushels least D 500 bushels
larger than the greatest known before or this crop it
bushels per head each thus assuming,
corng to the usual estimate That the aggregate Of
the county 200000 must set down 1875 900 Of
the go 00000 bushels home consumption; ills oay
these @ 900 bushels Lave been grown harvested and ground
into see wholesome flour country can begin to think
OF exporting wheat simple shows great
boon cheap grain Is 10 this country When wheat is s ushel
human hirgin the country rces the usuai supply Of
necessary food for 81 Bio vii shat 81 busLe the
Necessary Of life costs each So The prospect is
ni that food viii be twice as es THIS winter As It was IN
@ and 1857 which merely another form OF stating that the
aggregate general prosp ry win he great
Gle and abundant food the first essential requisite
cefu industry. enterprise aud increasing popua
ton Instead complaining OF the low price Of gram PEG
pie Wall and South Streets it is really
ter Of hey and profound engAtuon and thansfuness to
Providence.
On the other hand the cheapness grain
port IL after the people Of this country supplied there
il go abroad countries Whre they have surplus 1t
viii not, under seumsances be kept bee to rot in our
the price will not be high would be 81 the foreign harvsss
inf unaie, sound american wheat will always
price in foreign markets. and to that price, ms cad Of rotng
it win be abroad At the present time wheas hdbere
simply from the fact that home supply OF sound wheat has
fallen tie grain begins freely
market the price will fall the decline will checked
til point reached which leaves profit shipments Eue
rope prices may disturbed time
by speculative but in the long the law Of supply
and demand must operate As the price fails point
which permits shipments Europe they will begin will so
until the whole Of surpiuly 7j,oDO6O bGshesis
llAustei
An examination of the trade circulars does not confirm the
gloomy apprehension Of those Eil about aiming that
go get nothing for grain. At the present aktt
Price OF American wle in LyeroO would pay hand
profit IL could be bought at 81 bushe every
merchant will certify that the average cost o. wheat sppd
at this port Europe for the past has been under
Lot ever 81 bushel. .....-a
In wor have surplus of wheat this OF IS 0OO0
buSea5ou. twice average surplus and present
ia foreign markets, this wheat will command than
price Obtained Tor American wheat shipped Europe during
the past ten years.
1t remains be how the foreign grain viii
ate darg the autumn. There those who look fer further
fail in grain in Europe. But heie many a1cpa-
ting the very The product of the granbsarng
tries of Europe by diversion of
Ia English the French harvpsts danger
kussal crop know, has suffered from drought And
supposing that the European rS here boun
i they last tie price Of wheat in England very
low at present considerably heloS the for the
len yeats % the whole, the weight OF probability rather in
fay of prices in urOpe than against them and the prospect
FIR grain export from hence this fall greater than the largest
h.reiofore kn5wa.