The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1873-09-25
Ulls aflI,llale.
8arm, 6ouse amo garOsn.
BREapsTuFFs OUTLOOK.
' n.i1s RnIlstin Sem. eth.

Tor consumption have been received
and are of the highest Importance t.
American producers
There is no longer any doubt thai
there will be serious deficiency 10 Ton
tinentaI Europe, and that several nation;
which have heretofore been regarded a:
self sustaining, and which have been pro
daeing small Surplus FOR expectation,
will Be compelled to complete for the
worlds surplus of breadstuhs-a FACT
which can scarcely fail to exercise Ger
tain influence on prices. Germany, Tor
mple, which formerly produced sur
plus beyond the demands for home con
sumption, has passed into the rank OF
importing countries since the war. A
short time since it was confidently ex-
pected that France would be in u condi
ton to export considerable quantity OF
breadstuffs this year, but there is now no
question that that country will require
heavy importations to meet deficiencies
in the wheat crop, which are estimated
at no less than twenty-five per cent. be
low the average. Some authorities esti-
mate the deficiency as still larger, and at
not less than one-third the usual yield.
From Italy we learn that the falling Oft
in the quantity and quality of wheat III
the South is followed by news of CORE
spending failures Of crops in the central
and northern parts of the Kingdom, re
sulting in q material advance in prices.
From Hungary the reports respecting the
wheat crop are somewhat contradictory,
but the conclusion seems to be we'll es-
tablished that the usual exports from
that quarter must be withheld, with
probability even of important require
ments, owing to a very great deficiency
in the rye crop. The maize crop, an
important one in that country, Is also de
fciert. The crops in the entire region
of the Lower Danube are also reported
to be deficient, owing to the excessive
heat of the weather.
These reports are important, as show
ing that the usual sources of supply will
probably be seriously contracted during
the new harvest year, commencing Sept.
1st, 1873. It is true, the surplus usually
yielded by the Continental nations is
comparatively small, but their unexpect
ed aud probably temporary transfer from
the position of exporters to that of in
porters, cannot fail to exercise an import
ant influence on the markets by inereas-
ing the competition for the available
stock remaining, after the supply OF
home wants. from the common stock of
the few surplus producing counties.
The fact, then, seems to be fully es-
toblished, that during the new harvest
year upon which We have just entered
the competition for the worlds available
surplus of breadstuffs will be sharper and
more active than ever. The probable
amount of the requirements OF the nom
producing regions seems to be more
clearly and correctly estimated than the
forthcoming supplies. In England, Mr.
Thomas Scott. an acknowledged authorl-
ty in grain statistics estimates, that I'M
portations of wheat to the extent Of
eleven and baIf million quarters (92,.
O,O0O bushels) will be required this
year This gentleman figures are en-
titled to more consideration from the
surprising accuracy of his former calcula-
tons About year ago he estimated
that during the season, which terminated
on the 31st of August last, England
would require thirteen millions of quart
ers of wheat (104, 900 bushels, and
the actual importations of wheat and flour
amounted on the 23d of August, 81
weeks, to u, 5000, 59l quarters (9S, 404,-
72S busheis), with one week to hear
from, which would nc doubt bring the
exports very nearly, if not quite, up to
Mr.. Scott's calculations. His estimate,
therefore, that England will require only
1900, 900 quarters of wheat less than last
year IL, 900, 900 bushels) may be regard
ed as correct as is possible for practical
reduction in the requirements results
from the effects of an improvement in the
potato crop in reducing the demand for
breadstuffs, rather than from any increase
in the quality or quantity of the new
wheat crop. Mr.. SCOTS estimates sub
stantialIy coincide with those of Mr.. H.
Kaius jackson, who are distinguished for
their knowledge and accuracy in matters
relating to grain and farming statistics.
1t may DO accepted, therefore, that Eng
land, during the year 1854, will re-
quire III million quarters of wheat
(92, 900, 900 bushelsl, against Is million
quarters (l04, 900. 900 bushels) during the
year ending August 81, 1873
The probable French deficiency is
more difficult to estimate, and returns
must be taken as only approximately
correct But that the rennirar.s Ani-'- vii
be very large and much beyond the de-
mauuS OF FORMER years scarcely ADMITS OF
a doubt. One authority, Mr.. j. Layello,
of Marseilles, estimated 4 short tins
since that France would require an i'm
portation of no less than 80, 600. 900 hec-
tares of wheat (32, $4,000 bushels) to
meet the deficiencies &C the present year.
This estimated deficiency, so much be-
yound the average, and exceeding the
usual annual deficiency of England. and
even coming up to the extraordinary de-
fciency of the latter country this year
and last, naturally provoked considerable
discussions and controversy. But thu
latest accounts of deficiencies IN the
French harvest tend to confirm Mr.. La
veilo' estimates, and they are now gener.
ally regarded as approximately correct.
Making all due allowances for exaggera.
tons, the deficiencies in France will b.
very great. As an illustration of ths
general condition of the Continental mar.
kets it may be stated that during tbs
second and third week in August tbs