The Columbia herald. [volume] (Columbia, Tenn.) 1850-1873, 1873-10-24
Prospects for Breadstuffs.

The New York Daily Bulletin saws.
The theory of the English Economist,
that the worlds supply of wheat is al
ways equal to the demand, is likely to
be fully ties ed during the present year,
Heretofore England has been almost
the only food importing country, and
all supplies have tended to that market.
But while this has been the case, the
resources of the wheat producing cOun-
tries have been taxed to their utmost to
supply the demand. Last year Great
Britain required 10000, 600 bushels of
wheat. and the whole world was drained
to supply this deficiency. and all the
available shipping called into requisi-
ton to transport it. The current re-
quirements of the present year are adj
mitted to be very little if any less than
those of last year, while it Is said
France will require " an unprecedented
large supply of foreign wheat" also.
Her deficiency is estimated at from
$4,000, 900 TO SO, 600, 900 bushels. Pro
badly 10000, 600 would be fair calcu-
lation as the requirements of that coun-
try this year. This, the Daily Bulletin
says, els nearly equal to the ordinary
deficiency of England" 1t is also said
that "Other continental deficiencies are
estimated at about $4,000, 900, making a
total required European demand this
year of 21O,OO0,O 900 bushels, or twice
the requirements of last year" CATER
making all reasonable deductions, - it is
said, Europe will require at least 300
900, 900 bushels of wheat this year"
As to where these enormous supplies
are to come from the Bulletin does not
try to point ont, but says cit is very
evident they are not now sin sight,
and can not be relied on in the present
emergency If a sufficient supply is
found it will confirm the theory of the
British Economist "that the worlds
supply of breadstuffs is always equal to
the demand. But this involves drain
ing of the SURPRISES of the whole world
to an extent never before attempted, and
which could only be possible at the pre-
sent time" And even then "all the
rolling stock of the railroads in the
world, and all the inland and ocean
tonnage of the nations, will be required
to move and distribute the prOdigiOus
quantity of grain" required. So it is
said &c If there is too much wheat in
the world this is good time to establish
the fact, and if any people have more
breadstuffs than they require they can
now make money by sending to market.
The principal reasons for this enormous
demand for breadstuffs in Europe are
the great deficiency in Great Britain
and France, as above shown, with q
considerable falling off in less import
ant coUntrie s: the partial failure and
great deficiency in the rye crop, with
very probable short crop of Indian
corn, which renders necessary q large
increase in the use of wheat for bread
There are also reports that " the potato
disease is spreading rapidly" in Eng
land. 1t also appears that during the
past few years there has been a large in
crease in the consumption of wheat
bread in Europ-. The two principal
reasons given for this increase are tn
higher wages paid the laboring classes
in Great Britain, which gives them more
money to buy with, and the general re-
sults of the recent war with France In
Germany. The two countries which are
mainly relied on to supply the great de-
ficiercv above described are Russia and
the United States. It is still too early
to speak with any certainty of the Rus
sian harvest so we can only say now
that some complaints in regard to the
wheat and rye crops in some sections Of
Russia have been seen, but sufficient
information has not yet been obtained
to indicate general results. The gene
raj indications now point to an abund-
ant crop of wheat in the United States:
still there are reasons for expecting
that the final results of sales and ship
ment will fall short of present expecta-
tions. The largest surplus seems to be
of spring wheat in the northwest. and
of winter wheat in California. The
strongest evidence of the large surplus
of spring wheat Is the heavy receipts at
Chicago, Milwaukee and other large
ports. But this may be in no small
part due to the fine weather for threshing
and marketing the crop, the compare
lively good prices which it brings, and
the urgent need of most farmers in the
newer states for money. AS to Califor-
MIA, not only is there large falling off
reported in the receipts and shipments,
but it appears to be conceded that there
must be a large falling off in the sur
plus, as compared with that of last
year. In the Atlantic states winter
wheat is a v.ry moderate crop-less,
there can be little doubt, than an aver
age; but this seems to have little inf1u-
ence on the market as yet, owing to the
very large supply and fine quality of
spring wheat.