Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-01-25
THE FUTURE OF BREADsTUFFs.

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THE FUTURE OF BREADsTuFFS.
The breadstuffs question is one in whic
producers, consumers and the trade ar
equally interested, and it is therefore i'm
portant 10 have correct information on th
subject. The New York Bulletin contain
an exhaustive article on the supply AM
probable demand for breadstufs, the impor
tant points Of which are contained in th'
following resume: The wheat crop of the
United States in 1872 fell short of the esti
mate made by the Agricultural Department
being Is per cent deficient in the Eastern
Middle and Western States, and in Mary
land about thirteen million bushels. There
was an increase In the Southern States,
but it will not be available for marketing
outside of the localities where
grown. The visible supply OF wheat
intending the stocks in granary at the prin-
cipal points of accumulation, was, at the
close of the year 1872, 6,24S,673 bushels,
against o,SO1, ,063 bushels at the close OF
1871. The stock Of -four was also 26o,o6l
barrels less at the same points than in 1871,
which is equal to about 100000 bushels
Of wheat. The receipts Of wheat at sea-
board ports from Jan. to May l, 1872,
were only 1,776,965 bushels. The exports
from New York from Jan. / TO Aug. 81,
1872, were only G, las, ,612 bushels OF wheat.
It is not probable, with the stock here JAN
1, 1878, 1,976,956 bushels Of wheat,
against 4,150,675 bushels Jan. /,
1872, that the exports from Jan. to
August /, 1873, win equal those for the
corresponding period in 1872. The wheat
crop of California and Oregon is reported
TO exhibit Is per cent. increase on the
former and per cent. on the latter. The
shipments to Europe from these States to
Jan. have been 9,374,S53 bushels, and
including shipments from South American
ports the aggregate sent to Europe was, on
the 1st of January, 1873, IL, 400 900 bushels.
The amount Of wheat in transit for Great
Britain from the Pacific coast was, on the
9th uit., 100000 bushels. There
will probably be at least ten mill
ion bushels more surplus to go for
ward to Europe from the Pacific coast from
Jan. II to Aug. 81, 1873. The require
.rnents Of the United Kingdom to be sup
piled by foreign wheat were early in
December last placed at twelve million
quarters, or ninety-six million bushels.
There were continuous heavy rains through
out the United Kingdom during the entire
month of December last, preventing the
sowing of wheat. The home crop has
baen drawn upon since Sept. 1, 1872, to the
extent of about 3, 100000. The imports Of
foreign cereals from Sept. to Dec. p in
elusive, less the exports for The same period,
have been equal in wheat and -four to
86,2e6,564 bushels. There were on
the 27th of December, 1872, 452
cargoes of wheat on the passage fer the
United Kingdom, including 16S cargoes
from the Pacific coast, averaging about 49,
600 bushels each, making an aggregate of
S.O64, 600 bushels, and 284 cArgoes Of wheat
from all parts of the world, averaging about
$4,000 bushels each, making an aggregate
of 6,Sl6,OOO bushels, or grand aggregate
in transit of 14,Ss0,OOO bushels, which,
added to the imports from Sept. l to Dec.
81 of 35,266,5S4 bushels, makes 81, ,146, ,5S4
already provided for during the first four
months Of the harvest year, to end on the
3lst OF August, 1873. The requirements
may be even larger of foreign wheat
than the estimate Of ninety-six millions
of bushels, but if they are it will be in the
harvest year 1874. Reviewing the re-
suits of the last harvest in France, Holland,
Russia, Germany and other continental
countries, it is found that in some cases the
yield exceeded that of the previous one,
while in other cases there is deficiency.
In France, rye was the poorest crop Of the
season, and the harvest as general thing
was deficient. In Holland the yield of
wheat was four per cent below the
average; in Germany, in quantity about
an average but deficient in quality
owing to smut. Italy will require
considerable imports, and so will Hun
gary, Russia, both north and south,
had deficient wheat harvest, and Baltic
and Azov ports were 100000 bushels
short during the navigation season of 1872.
Egypt viii have only moderate surplus
for export. Australia, however, is expect
ed to export considerable wheat. The up
per and lower provinces Of Austria had or
middling crops, damaged by drought and
inildew, but wheat was among the best Of
the cereal crops. France has imported at
Marseilles since Aug. l, 1872, l,217,G0O
metrical quintals of wheat of 22Og pounds
each, against 2,627,13O metrical quiutals of
wheat for the cores ponding time in 1871.
The exports from France since the
harvest to Nov. so, we're about
100000 bushels; aud, retaining prudent
normal stocks, abiding the result of the har-
vest of 1873, may have 100000 bushels
Of wheat for export, to be divided betw cen
Belgium, Holland, Switzerland and the
United Kingdom. Belgium usually imports
from 100000 to 100000 bushels of
wheat. There will be, probably, 100000
bashels more surplus wheat from Jan.
to Aug. 81, 1873, from the Pacific coaslt
and perhaps three or four million bushels
from American Atlantic ports, including
Canaia. The imports into Great Britai9,
in -four and wheat, from Jan. l to
Aug 81, were equal in bushels. in 1870
to 42,51S,272 bushels, in 1871 to 4SI5e.-
l2S bushels, and in 1872 to 1856 7GO
bushels. The maximum Of her REQUIRE
ments of foreign cereals from Sept. l, 1872.
to Aug. 81, 1873, is placed at $4,000, 600
bushels. She has imported from Sept. l to
Dec. 2l, 1872, in flour and wheat, equal to
36,266,5S4 bushels of wheat, and had on
passage Dec. 27, 1872, I4,SS0,0OO bushels,
making 81, LAG, ,5S4 bushels already provided
for, and requiring TO import besides chat on