New-York tribune., 1868-04-30
TREASURY DEIAKIMENT.
OFFICE OF ISTLRHAL REVENUE.

Idht iotiuIs, tsfl Dup = '<~R'it9f ''"o'DN'
T. Ea,ior Of TIE TSitNHG
SIR: Permit observer o. facts fgnfes Hno tender
give through your columns, hs views relative 70
breadstus, that is matter Oil are more
81 ioss interested III.
Tins city Old high g. 10 per busheI cash The ad-
premature, and not warranted at that time
and az oe extreme is likely 10 be followed by another
1fees here under persistent and tremendous bear
influence. we're gradually and steadily hammered and
forced down until about ten days since when No
Wheat ssd freely In market at y sts per busbel
beng decline Of about 1Se PER bnshei. There was %
tone feeling in Hew-York and Europe were good,
, a ne gi m o. 4 amy artt y d too fapd and
tie wrong time Of year. induced the bears VINO had
sSd taking advantage Of the situation OF things they
brought everything they eonld possibly 70 pear 70 force
Iaeudoas" stock of wheat held BACK n the interior,
The opening % the Mississippi RIVER wonld 1oo forward
lLC avalanche overwhelming eNttyulnc hpDD'
Mcy doughi forward - an aIznhsnt i "Wfr t snd
uat last year during me attcr lSlt ~ VIZ hinnenfs
tluns. fhcre were made from ts rity heaNY t
liy fne otnl demand for milling whereas the present
N,nter aud spray moi shipping I" these interior
"Mnne.1 II is mere iry,h Tic trnth is Minnesota
lis not - tl, but little more wheat than she re
segreG f0i uiead and seed and that .he daily adding
{, be- population by immigration large number OF per
s't'' ., n ~, bicl whose bms nese for the
',sl Gstlis has been travelling through Iowa Wis
,", iaye no wheat 20 spare asked MIN. What Of
) i,nssot. shat great granary - The NOrl-WestI Bis
state5i.ei ia reply. tiiat h. Minnesota fully
fli,s gunrfs 81 Tho crop harvested the past year has
.,fs Onward inatkei; ana that theie IS not now
4. eArctfi o.lr-foifth of last years crop back
:. faflnr.s' aud dealers hands ana that the mills
ne 81, Hre stock barely get enough from
.auDefs keep ticm raining only part Of tle tmo lie
.0, Tie extremely favorable Ia and Winter, aud good
yo.s fcl eestIg gram 10 iaret tOgster with the high
ar,.es etais anC the necessity for USDey, have all
80, tried 10 a farmers market all they had spare,
AMI ths explanation for the hight stock back III the
.ogrfry This view ~ the clse ann inclined believe
o ar ffO,u the truth for river navigation has ben Opn
IA soe three or fy weeks ond II there was any large
. 1aant,fy OF wheat bdsk in :" Minnesota long ere
tb6 W should have bceh receiving hbslal sup
a.es whereas our recit from TIE West have been
SSfirmely Ight-nOt aGy more. mecca t!iaL VIII meet
III daily eonsnIptiyc demand 0f oar own city NOW as
y 90 Egguienf Of shipments one yeai ago 10 interior
t1wIx an aware that Jiipn We We're thlpHng wheat
>fe.y Il, Cleveland Pittsf H. Akroh cinclnnal Ham-
ton IiaytnB polls &cs the rFsnS OF Wbeh was
sti o,e year seO Al ts all these points were full
81 sfOcLs gram shipped from tLls cV' whereas hOw
tlese saDs points al bare Of giaiD ana nave lait
little " ans. stock hand. As 9n instance Cieveand
"tbW l.ti ye.r at this Tine bad a STOCK OF over
.ssAs ssuslIels whereas Gle Mas DOT 5OoD Dlsbet
Jhe a9a Inay bo said Of ClnCHaii, BnndO tllkDuIsh
Ar liz alove points were now Ftock up with wheat
Lsaty te exteBt aud eapaeliy mat oley
had n. gear siice they would clean Out both Chicago
and Aifs E4H of All tie wheat they have The dlnef
typJa t.s Ihis year We have the stock heis ana ~
MNLi.kD4. aud uey ac bare IN Lie pteuOf hiates hln
ttssb LrhG- Any geIsDD not blinded With seiJbkTess