The Albany register. [volume] (Albany, Or.) 1868-18??, 1873-10-04
Interesting wheat Facts.

We CLEAN the following facts In rela-
ton to the present demand and supply
ofwheat which win prove interesting
toall our readers at this time. Accord.
ing to the most reliable statisticianS
of the United Kingdom, that country
requires, for the current year com
mencing September lst, 92,OOO,O0C
bushels OF wheat, or only some 1900
200 bushels less than imported last
year. France is also in the market,
demanding, say, 10000, 900 bushels
although authorities vary in their esti-
mates of the deficiency in France, put
! ting 1t at 80, 0O0, 900 to 81, 600, 900 bush
els. The deficiencies in Spain, Italy
and Germany are put down at the
lowest as 50,000,00 bushels, while it
is not yet an ascertained fact that Aus
tria and Hungary will not be COM
pelled to import wheat to make good
the deficiencies Of the present seasons
crops. If these estimates are true,
Continental Europe will require more
than 200, 600, 900 bushels of wheat this
year, or twice as much as demanded
last year. judging from the conf
dence displayed by exporters in the
United States and importers in Europe
in maintaining the present high quota
tions for wheat, it would appear as
though the figures above given were
taken as under estimating the real de-
mands and actual deficit of Europe.
The decreased production of corn in
the United States, aud the extremely
short rye and potato crops of Europe,
will have a tendency to still further
increase the value of wheat, as well as
all other TODD supplies which may be
used as substitute,
The total yield Of the wheat crop of
the United States for 1873, as estimat-
ed by the Department Of Agriculture,
is put down at 25O,OOO,0OO bushels, or
but little more than sufficient to meet
the deficiency of Europe. Last year
Russia and the United States mainly
supplied the wheat deficiency of Eu-
rope. Russia generally has a large
surplus Of wheat for export, aud
though not yet positively known, It is
that her harvests are very IA
vorable, and she may therefore be ex-
pected to have a surplus of wheat for
export. If the wheat supply ouside of
the countries mentioned is no larger
than that Of last year, then it is not
unreasonable to expect that prices for
wheat will rule higher in the United
States before Spring, than at present
obtain. But, as is truly remarked by
an Eastern paper, ''it other countries
should be able to increase their sup
plies to a corresponding extent with
the United States, the probabilities are
that the present years experience will
the theory of the English
economists that the worlds supply of
breadstuffs is always equal to the de-
mand. But this involves a draining
Of the sllrpluses of the whole world to
an extent never before attempted, and
which could only be possible under the
wonderful developments of modern
civilization. All the rolling stock of
all 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 now beginning to flow from so
many sources to Great Britain and
Continental Europe. If there is too
much wheat in the world this is ia good
ime to establish the fact, and if any
people have more breadstuffs than they
equire they can now make money by
ending it promptly to market.
THE LANE DEMoCRACY"--OfDoug-