The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1861-10-18
Breadstuffs In Europe.


ue of the same general tenor in regard to
the necessities of Europe tor all of our sur
plus breadstufs. In fact each new arrival
brings estimates increasing the deficiency
over that announced by previous arrivals.
AS consequence the grain trade at New
York is more active than for many previ.
Gus years. As this is subject in which
our people are vastly interested, we shah
endeavor to keep our readers posted. The
Mayk Loae Express, London journal
which devotes great attention to this sub
iect. in its issue Of the 10th ult., says:
The onward movement i'll the price of wheat
has Geen maintained, the general gam in value
being Is to IS sterling per quarter eight i'm
perjal bushels, or 800 lbs) but, We're it not
Tor the continued demand for France. our au-
turnnal zenith would probably have been pass.
ed the consumptve demand having slackened
and speculation Itself being outcome by the
character OF the French markets. which have
further risen to that degree that Eoglish orders
have been shelyed by French offers. This is
attributed by some to the absolute exhaustion
Of the stock OF old wheat in France--the ufu
ence OF the sliding scale, so recently abolished
keeping the secret close to the very last and,
now that 1t is out, Ike the bursting Of dam,
every market is carried before it.
The nearest markets being those of Belgium,
Germany, and the Baltic, these have so risen
in consequence of French orders, that i'm
ports into this country for the present must en-
tail a certain loss. In Odessa the Danubian
, Prncipaities, and America, there is more
calm"
Referring to the accounts from France, it
says:
II is not saving 100 much when we affirm
that these and other authentic reports ON the
subject have been Of such character as to
! excite considerable alarm in France, where
there is no stock oi old corn to fall back upon
in case OF scarcity.
Concerning the British crops, the same
high authority says:
1t has now become evident to every one at
all conversant with harvest affairs, that oIr
own crop Of wheat is not only deficient in point
of average yieid, but that the breadth sown is
also much less than it has been on the average
CT years. In addition to this, we shall this
season have TO compete in the wheat growing
countries with France, Spain, Belgium, and
Holland: while in the Baltic Provinces, the
wheat harvest having been less productive
than usual, there will be less to export.
If, then, this view of the question is COR
rect, says the London editor, it is evident
that we are upon the eve of more important
competition for obtaining the chief necessary
of life that this country has for some time had
to undergo; and it is equally evident that it is
price alone that will bring supply. Already
| the French have forestalled US in the American
market having made extensive purchases at
New York and other OF the Transatlantic ports.
1t is well to look this dilemma in the face at
/ @I,D I
edly We shall gain nothing by endeavOring to
| keep down the price of wheat otherwise than
! 10y large impOrtatl0ns: and these can only be
! obtained by keeping ahead OF our neighbo
in price N he foreign market. Nor is there
any time to be lost. The French government
is fully aware OF. and alive to, the eXigency of
our country, and does not in such Cases. like
our own. leave everything connected with
| commerce grain, to private enterprise
! Unless. therefore. our merchants hestr them
selves. they will soon be forestalled in all the
grain eXportil ports Of Europe, as we'll as in
those OF the nited States.
The Americans have had an excellent har-
vest tnot exactly, though not productive
as that OF 1850; but they are anxious 20 cor
vert ii into money. and will forward all they
possibly eau to the eastern seabOard before
the frost sets in. which will be about the mid
die Of November. Now, therefore. is the time
hence may be too late
The New York World, in commenting
upon this subject says the experience of
many years has shown that an average Of
about forty millions Of imperial bushels of
wheat Go lbs. to the busbeD, is required
annually to supply the deficiency in Great
Britain. 1t estimates the deficiency this
year at 24,OO0 coo imperial bushels over
the average. 1t further estimates the defci-
ency at 30 100000 imperial bushels, making
he combined wants Of France and the
British islands amount TO about one hun.
ored and fifty millions OF American bushels
to supply the deficiency in the wheat crops
This is without taking into account the
wants OF Spain, Belgium, Holland and
other European rations. To supply this
vast amount 1t would require nine Thousand
cargOes OF sixteen thousand bushels each.
An Impossible amount to get from this
couLtry. The European press generally es-
innate our wheat crop this year as above
the average, whereas it is actually below
The wheat crops 10 the 3 lite Provinces,
be 9th great producing country, are also
less than an average, so that notwithstand-
ing We have surplus of last years crop
still every bu bel will be wanted to supply
the European demand. Farmers can have
a good price IN CO or good funds il they
will demand it. Our shipping and railroads
will have ample hus ness, and the flow OF
C 10 from Europe must continue for long
lime with an uninterrupted stream.