The Toledo chronicle. [volume] (Toledo, Tama County, Iowa) 1873-1924, 1873-10-09
The Wheat Crop Of Europe.

countTteb OF Europe are {
yet too meagre to form the basil {
an estimate OF tho kind of compel
tion which the United States wi
encounter this season in the grea
wheat buying countries OF the oil
world. Fortunately, from our poin
! of view there is little need to b. Gu
rious about the surplus o othe
countries, since the deficit IN Grea
Britain and France is estimated at .,
high aGgure, that tho main questio,
is whether it can be fully supplied q
all. English authorities place tn,
area OF land sown with wheat 70,
this years crop at $500 900 acrcs--
or about one hall more than til,
acreage under wheat in the State .
Illinois. The estimated yield of tn.
English wheat crop is this year al
the rate OF ,wen,y-four bushels Ia
the acre, or one fifth below the. aver.
age. This gives an aggregate crop
OF $500, 900 bushels, or about one
fourth Of what We are accustomed to
regard as the gross y,ei'l of wheat
in the United States. But the gross
consumption OF wheat in Great Brit.
ain, il the price he moderate, is not
less than 10000, 900 bushels. Be-
tween this aud the estimated crop OF
the year, there is a deficiency to he
supplied from abroad ut 109, 200, 900
bushels. The Mark Lame Express, ao-
cofding to cable telegram. puts it
somewhat lower than this, but, in
the absence OF the data on which the
calculation is based, we adhere to
the figures quoted. In other words,
Great Britain will not receive from
the harvest of 1879 more than five
twelfth OF the wheat she requires,
and will, therefore, be compelled
either TO reLrench her CONSUMPTION
Or supply tho remaining seven
lwelfthssPom shroad. In regard to
France the estimates are somewhat
less definite. Il Is conceded, howev-
er, that the harvest there ia a bad
,ne, and that. instead of heing an ex-
porting country as she has in the
nasi Er.nn.. will .~--: .f,.
ler demand.
Here, then, we,have in Great Brit
Ain and France, an estimated def
;,ency of 157 100000 bushels OF
wheat. In presence Of PROBABLE
demand Of proportions so unprece.
tented, it is less a question OF who is
o supply it than of whether 1t can
% made up from any quarter what
,ycr. During the last tour years the
.yerage imports OF foreign wheat and
iour into Great Britain amounted to
y ,OOO,OC bushels. For tho year
ending June 80, 1870 there was re
;cived Of wheat and -four from the
United States, an aggregate OF 33.
100000 bushels; in the following
rear 1t sank to 2s.0OU,0OO, aud for
he year ending June 80, 1872, the
.eceipts from this country did no.
.xceed 100000 bushels. Rapid
IS is the extension OF the wheat
ands of the United States, the pro.
,ess is accompanied by gradual re.
luction of the area devoted to this
,rop in some OF the older states.
Even in Illinois, the area under wheat
culture has decreased in four years,
half million OF acres. Our home
is also increasing with
great rapidity' Keeping these facts
IN view, it seems highly improbable
that our exports OF wheat 10 the
United Kingdom tor the year ending
June 80, 1874. will be equal to those
Of 1870. Under the stimulus OF an
price it may bs assumed as
possible that 10000, 900 bushels will
be drawn out. In the years OF good
harvests, Russia has been ab!o to
send Great Britain in wheat aud
-four, above 80, 900, 900 busl,ele; Ger
many tms sent about l2,0OO.OOO, and
Canada not over 100000 bushels
These figures. it must be remember
ed, apply to years when France wa'
not competing country. Even were
il poselble tlat they should be re
pexLed now, they would still leav,
Great Britain over 100000 bushels
short OF her actual wants. But whet
tFraucs comes in rs probable buye'
Of a. OOO, 900 bushels. it 10 clear tha
tho worlds surplue Of wheat will b.
inss1Icsens to give tho psopic OF tha
country and Of Eugland - no3|
wheaton bread - they have been &C
CT stoned to use.
Az a set of against the light yiel
Of wheat, the potato crop OF Grea
Britain is pronounced 70 b. tho lare
~, and finest that has been gathere
flor many years. This is usually
potent element in decreasing thu cor