Juniata sentinel. [volume] (Mifflintown, Pa.) 1846-1873, 1873-07-30
Prospects for Fall Trade.

Prospects for Fall Trade.
A few days ago we gave the lates
approximate estimates of the crop o
wheat now secured in California, and in
conjunction with the prospects for large
crop in the Northwest estimated that the
exportable surplus from this years crops
of that grain in the Bnited States would
be larger than ever before known There
seems scarcely any doubt that this will
prove to be the case. The great ques
ton is Will there be a market for it
On this point the New York Bulletin
has apparently made tolerably appre-
hensive investigation of the probable de-
mands of the great consumer. England
and of the probable supply from other
sources than the United States. and arri
yes at the following conclusions printed
in an editorial in its issue Of the 18th in
slant
Holland appears to be the only couu-
try in Europe from which the crop ac-
counts are une1ceptionable favorably.
All the crops are doing well. and the
wheat lie described as magnificent.
In Germany the wheat crop had i'm
proved, under the influence of the fine
weather in June. II is not expected,
however, that the crops at best can be
more than fair average. The stocks
throughout Germany are extremely back
ward, SO much so that it was necessary
to ship wheat from Danzig to West-phalia,
via Dresden and Bremen. At the same
time, wheat shipments to Warsaw, a
most unusual thing, show that the stocks
in the interior of Poland are utterly ex-
hausted
The condition of the crops in Russia
is still serious, if not alarming. Dis
patches from Taganrog report that bar
ley, rye and hay are regarded as lost.
Improved weather was necessary to Be-
cure even a partial wheat crop. All
kinds of crops suffer in Russia from a
want of rain, while in Great Britain and
ON the Continent they are injured by an
excess of moisture and cold Serious
complaints are heard from Beeearabia
and the Danubiau provinces. In the
southern provinces of Russia the wheat
prospects are all that could be desired.
The Bulletin says all reports of crops
in Hungary are unsatisfactory. In con-
firmation Of this Mr.. Bayard Taylor, in
his last letter from Vienna to the New
York Tribune says that to cap the climax
of disasters in that part of Europe, be-
ginning with the Vienna panic, the rust
has got into the Hungarian wheat crop,
and it bids fair to be almost total fail
ure
The Bulletin Gums up its survey of
the European sources of supply by the
conclusion that {:
The surplus of several grain rroduc-
ing countries will be go far reduced as to
seriously diminish the quantity available
for general consumption, fact which is
the more ominous in view of the increas
ed requirements of England consequent
on the certainty that the harvest in that
country Will fall before last years def
cient product. 1t is even probable that
England may find more than one Euro
pean food exporting country in competi-
ton with her for a portion of the worlds
availabIs supply of breadstuffs.
IF this view of the case should prove
correst, it promises an aera Of prosperity
for the United States in the probability
THAT there will be no falling off in the
foreign demand for the large surplus Of
breadstuffs in the United States. Every.
thing now promises large crop of cot
ton. In the market for the surplus of
this crop the United States has fewer
competitors than in the sale of breadsuffs
and the probabilities are in favor of a
fair foreign demand. Az far, therefore,
as the future can be forecast now, every.
thing indicates favorable condition OF
foreign trade this fall, with its concomi-
tants of = comparatively easy money
market, active internal trade, and lower
average price for gold Chicago Tri
bune.