The Hillsdale standard. [volume] (Hillsdale, Mich.) 1851-1909, 1859-09-20
From the New York Herald.
The Wheat Crop OF ls59..The Prospect for
a Foreign Market.

The Wheat Crop OF ls59..The Prospect for
n Foreign Market.
Tho wheat crop of the United States
this year is estimated at 100000 bush
els, mainly Of very go,d quality. The
consumption Of the United States is set
down ut l25,O0O,OOO bushels. It may be
rather more than this; we are inclined tn
think this season it will be nearer 1885,.
100000. If the latter figures be correct
the country will have surplus Of $4,000.
900 bushels, Of which over half will bo
available for export, tho balance remaining
on hand, as usual, to provide against er0er
gencies, for seed, ect.
Or the other hand there are several
countries which produce less >whcat IT,
is required for tho consumption Of their
people, and who depend upon the United
Stases to make up tho deficiency. Such
| are
|. British possessions in America, inclu
ding the British West Indies, which NAV
be relied upon to take about 100000
bushels, either in the shape Of grain or
-four.
2. Brazil and the rest Of South Ameri.
ca, which will take 3,oOO,O O,OOOa4 100000
| bushels.
8. Spain and other Mediterranean coun.
tries, Australia, China, French West In.
dres Cuba, &c, which always takes moro
or less grain, and which may be put down
as consumers Of 100000 bushels.
4. Great Britain. Tho average product
Of wheat in Great Britain in good seasons,
falls short Of the average consumption a.
bout 4S,OOO,OO0 bushels. which are sup.
piled by the United States, France. Russia,
Egypt and the Baltic countries. The pro-
portion in which this amount is supplied
by these various countries depends on the
quality of the crop Of each Some years
the United States supplies half the whole
quantity; in other years, again, tho pro.
portion sent by this country is less than Il
third. For the past two years France has
been the largest exporter Of wheat and
-four to England.
The French harvests have been unusual
ly bountful, the surplus large, and the
quality Of the French flour exceeding fine,
while the paoximity Of the two countries
has given the French marked advantage
over more distant rivals. The smallest ex.
ports Of wheat and -four from this country
to England since lS43 was in 1878,
when we only shipped about s1l,50O.OOO
worth; we have shipped over $40, 100000.
OF the amount Of wheat grown in England
this year, and Of tho amount which can
he furnished by France and Russia, it is
yet too soon to speak. Judging from the
reports which have appeared IN the papers,
and from the private information we havo
been able to obtain, it appears that the
British crop will be barely an average, if
an average, and that tho quality of grain
is poorer tfan last year, while tho crop in
France seems TO be decidedly below an
average; of the South Russia crop, the on.
ly thing that has been heard, is. that some
weeks ago the fields were reported to be
suffering severely from the want of rain.
From the above facts the reader can
form his own opinion as to the prospect of
the trade in wheat this fall. If the failure
Of tho French crop has been so general as
to throw The business which they had last
year iato our hands. it is probable that
considerable rise will take place in wheat.
II England takes s20,OO0,O00 worth from
us. the whole Of our available surplus will
90 abroad as fast as it reaches the sea.
board, and prices will be maintained, or
nearly so. Under any circumstances the
above facts show that it is as preposterous
to complain that the West has no market
for her grain. as it is to pretend that the
farmers will dispense with dry goods, groce-
rics and tools in order to hold it back
There are English orders in town for
white wheat, which are limited to about
AIS, or say 81 50al 10 bushcl that
quality Of grain is now held at 81 30al 40.
AS the season advances, and :he enormous
stock now stored at the British scap1rts is
disposed of, it Is likely that the British
alcrs will bid higher; while on the other
hand, the increased supply here will prob.
ably induce holders to relax their views
Thus, by the end of September, as usual,
buyers and sellers will be ready to meet
each other, and the exports will BEGIN
By that time more will be known of the
actual product Of grain in France and Eng
land, and something like reliable estimate
&C tho probable export may be formed