The anti-monopolist., 1875-07-26
Tbe Anti-MonoPOllSt.

correspondent, writing from Vienna,
expresses the opinion that Russia cannot
co,l,at on more than half q crop; and the
same is true of much of Hungary and
Austria, but in a country like Russia
covering an area sd immense, we think
# too early to form correct judgment
Of the probable result. 1t is very evil
dent that old wheat on the continent has
heen consumed and fed out to cattle and
sheep to a far greater extent than IS
gene .ally believed, hence they will have
! little. il any, surplus the coming year.
The crops in Germany and Italy have
not been injured to any very great e2-
tent. but beth hold moderate supplies OF
old wheat. The floods in England since
our last have been various, submerglng
laree areas in highly cultivated agrlcul-
tural districts, and much alarm has been
created for the growing wheat crop, but
should the rains not continue beyon the
present week. they may still secure
fair crop. We notice their stocks OF
wheat at their principal markets are re'y
7i0ht. with the exception OF Liverpool,
where thew hold about 0,O0O qrs.,
chiefly white wheat from the Pacific
coast. So much depends upon the
: weather in Great Britain the ensuing
! three weeks, that every atmospheric
change will be watched with great So
licitude. The crop OF winter wheat IN
all parts of the world IS beloW an acreage
: with the slight exception OF Oregon
but she doesn't promise any considera-
BILE increase in her exports, owing to the
4 rapid increase in her population. Our
~ - present situation is very Interesting
and impertant one, both in csmmercla
and financial point of view; should we
: have the good fortune to secure large
# crop of spring wheat. we are quite Ger
=. tain of a good market for it at satlsfac
,f t3ry prices, and its influence on the bus
of the country cannot fail to be very sal
utary. The continued rains in the west
ly ern winter wheat States create much ap
=: =: prehension among farmers, especially II
40 Ohio. Indiana, kentucky, Western VII
o. oinia. and Pennsylvania. We alread
have complaints Of sprouted wheat, an
as q, from Southern and Central Indiana
u the midge. In few localities the rus
q IS spoken of. After all the winter whes
=, has had to contend with it is very ev
a. dent that the average quantity Will |
- moor. and that we shall have Wld
- - range in prices. Much OF the crop
90 the West is cut, but it has been expose
~ !. at the West long time to continue
1,e 1e rains. In some portions of kentnck
~ southern Indiana and Ohio the crop h;
been threshed, and farmers are 'nut
-at disaDpointed at the result, The bus!ne
ie. has been chiefly confined to Spring, o'
!, ;np the absence of any considerable su
in n ply of Winter; this has improved, al
ion has been taken mainly for export. "
led notice further increase IN our stoc
mt. and many large receivers seem olspos
rial to place it in store. More than :"
our thirds the sales since our last have oe
, Of of Spring for future delivery, and all
the nearly all tho No. and the bulk OF
O0O No. ? now on the canal have been sol
, in and the demand largely exceeding
600 offerings, and at times the market
a been very animated and values unc
900 tain The advices thus far from
do Northwest have proved very favora'
do for the growing crops, and should no
do ing occur to mar the prospect. we sh
600 harvest the larges. crop ever known
do tore, and we trust our expectations v
ber be fully realized The arrivals OF n
-. wheat have been quite light and vail
600 uncertain. The exports OF the We
-. show considerable increase; they
in 1,O69,72s bushels, against 9oS.36s bu
,ard els for the corresponding week
,ain year. The aggregate business OF
New week has been so large and the adva
,rts so rapid that many dealers and mill
cash have been taken quite by surprise.
,ust. think the upward movement UNIV
sine ranted, but the truth is they are not
4 NJ posted. The causes which have
% duced this strong upward moven
ID at have been familiar to Us and to our r.
,eder ers for several weeks past, and the
currence of the floods in France
Great Britain only accelerated the m
<et. ment, because it was perfectly appa
Mt ir TO those well informed that the cic
, the winter wheat everywhere oittstde of =
mes Byitiu,a on The 20 OF .i,tne mds .far o
losed an acreage. hence il Great Britlan
, ad- her crop. or even a small portion
cher. it required only moderate percel
Sc in faculties to determine what the CO
sequences would be in the event O
partial loss of the English crop.