, 1872-12-17

....... Bay crrz, Ech., Dec. H.
SIN: In your issue Of December, 10th Inst, hnd
some lumber statistics which are not entirely correct
@ ASw t. to- that apss ass @ e
1871 foots up az follows: -. .,,
1um Der, seet
Lath. 6ass9s9g sg
Staves roo
Ths lumber Of nen employed in lie saw-mills was
$40; capital INVESTED, s42ssoo0: Tho product TOR
the season just closed will probably not exceed 49,
LOCO feet owing to the latenese Of tho season. Whsn
# # hS Suy mill sone snp'0ysa yns ist 0'9os neas9
ss 4bs T5sg soaa n1nans n sbss na greatly
ing capacity and tho high reiahts which ruled for two
e @ to b. s4ensyey repafed
and the capacity Of the mills the river will be thus
Increased nearly i not quite one,2uastter t a., ooas
has been ne. Il the spring is favorable foF getting
the logs down from the streams ne1t aeasons product
@ that 70 Of M 1ny ye@r e 1as nSos 0'
D'e 'ps1"A'417 - Wv ,'S''@"" ' ED. .. cow1Es.
TIE WHEAT suPrLY.
The Country Gentleman (England) has tho
following:
The Marx Lana Ezpress November H. ssys the an.
Of the deficiency Of the late wheat
has elected good deal Of information on ING sno3gc
Of the foreign sources Of supply 9or soe 5eass @
bulk Of the imports have from the umted states
and tho various ports Of Northern and southern
epare. Wills Russia had more. This the case
Is reversed for the Eastern Atlantic states nave n'e
cent to 9thers IN n, me a thse 70
On The other hnnd. the crop Of wheat IN Southern
supplies aye been received Of late yesrshas this year
Ind very uufavorable harvest and ts sa1d TO nAEo
little to spare while stoeka Of @ Old wheat r. e ,9teF
harvest Nor is Southern Russia tho only country IN
Europe that ia thus deacent Hungary aud the Dano-
earT exporting wheat to France md other States, she
Is now importing for her own consumption Germany
has been recevn instead o. saRphs a Norhern
Italy IN the same predicament. France inueeu, zee
appears to BE- the only European country Which, has
Then turning to the moro diatant sources Of supply
Australia and California It appears TINT the season
has been favorable for wheat IN Australia nut pEsces
from California, whenthe fell It i now probable .
that some shipments may be made to England, but e
no great extent, On account Of the long voyage and
California large amount a9 expected, ana muca @
said about the great yield and immense amount gr9WI
but that she will export much over hall the amount @
| Of wheat many newspaper reports from there haFt
+ not SO sa haa eT1 Per-
and Journals very highly eated with tho presen
good crop. Hence, though California has done # vel
lttle II any mora tian half Of the e1travagan
estimates made earlier in the season. At least ths
latest reports from that State clearly INDICATE that h
| may be the case
As to tho amount to spare in the Atlantic States
instead Of there being more to export thlnk ther
is much less, md that to secure the increase anoy
indicated tho crop Of California must be included
There appears to be two for the conclusion
| I think there we're fewer bushels Of merchantabl
wheat secured than in 1s7l and that there were som
millions Of buzheIs moro Of old wheat held than ther
at the last harvest Al The statsties @ iog ~
confirm this opinion. This being the esse might ~ q
most suppose the Marx Lane Express had fallen 1nt
an error in regard to the California crop-haa refer
ence to the whole crop grown in the United states
and then that Of California By itself besides. but the
| know the exaggerated reports published here ma
1nia1ead, even to this extent. That such inflated e
affect prices few deny at least after their e
{ects arc seen.
LATEST.
In the afternoon wheat was moderately actlV
and declined &c, No. 2 spring sold at S1.13MG
III seller the month, and $1.14ssl@1. selle
January, both options closing At the inside 4
Corn and other grain was inactive and nominal
the same rs at the close Of Change. Provision
we're neglected,