The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-08-02
T. O'GRADY.
The Wheat Crop Damaged Greatly in Eng
land, on the Continent and IN many Faf1
of this Country.

Of this Country.
Grain.-In our last W. ekly review of
the wheat market for the preceding
week we characterized it as the most ac-
tive in the history of the trade, but the
week now under review has been tar
more active, the excitement far more in
tense, the aggregate sales very much
larger. and the advance much more rap
id. This great advance IN spring wheat
is due chiefly to the character OF the ad-
vices from Great Britain, which from
dav to day have been intensely exciting
and very important The British Isles
have been visited by the most devasta-
TING and destructive floods ever known /;
indeed, there is no companion with them
in the history of that country, The area
visited by the floods is the most highly
cultivated and the richest agricultural
country :.in the world; hence we cannot
now form any idea of the extent OF tho
damage done. but upon this the future
value of wheat largely depends. These
deplorable floods have caused almost
suspension OF all outdoor husinessthere,
and prudent business men have prefer
i red to wait until the storm was over tC
know how to act intcligently, but some
time must elapse before they can gel
even an approximate idea cot the exten
of the damage done. Much OF The
wheat so long under water isiof course
worthless, but the growth of much 0
that escaped the flood has been great.
retarded; the crop is backward = ant
there is much apprehension for the iu
ture. The rains at the west still con
!. Time, and in Ohio and Indiana the IN
! ! Jury to the crop has been serious, an
, for four weeks past there has been littl
: cessation Of rain. The few Intervals G
: sunshine have not been OF sufficient du
= ration to enable farmers to dry thei
u wheat properly. and mucho it has bee
;, injured by rust and in the stack, NOR
:, especially in the southern and centrs
y parts of these states. At the north. ru'
is greatly complained of, and the harry
est has been greatly delayed. 1t is 40
very evident we shall have a large SUI
ply of poor wheat, where we had csun
ed on good article. The yield TO IL
acre we have long since reported grea
- " below an average. From kentuek
- and Tennessee we have reports to-da
a. of great injury to the wheat in the STAG
~ Thus far the accounts from the mort
- west have been favorable, though son
~ apprehension is expressed IN cons
g uuence of the LATE heavy rains. II
= present prospect is highly favorabl
The promise now is of a yield conslde
ably larger than in 1873. The aggr
gate sales of the week are much low
than the previous week, but the maj
1 Al, hpG ~ a ~
= ulative character. The wheat on t
=. canal has been sold and resold repeate
t u' ". and most legitimate orders could I
TX, ao be filed. Unlimited orders from Live
- pool and the Continent We're promp
filled, but few such orders have come
% hand The intelligence from the Cor
10 nent is variable; in France. Hunga
's- and Austria, Switzerland and port
of Germany and Belgium their crop
-" been greatly injured by drought. Ire
floods. and later BY the premature rip
,er inc of the plaintiffs more especia
5lv true of Hungary. Austria, and South
La Russia and the indications now
The that the crop on the Continent '
aar prove considerably below an avera
, i From the Pacific coast we learn
0rn movement VI Wutat IL 'StN 10 H.
ear farmers in California are not disposed
ron sell their wheat; and nothing was 81
.re ped last week. In Oregon it Is too e:
Of Tor anv movement From Australia
no adviees are not so favorable. From
tcria. where it was supposed they hs
;. considerable surplus. later reports
dictate deficiency. Our portion we
nm. gard as n very important and interes
h n one. Should our spring crop re
The favorably, we would then count on
ST is tive trade at satisfactory prices.
will wheat now on the canal is about :.
. is 600 bushels, and on the lakes and r
sorn 1859, 0lo bushels; the most of 1t
aek- been sold several times, and is now
inc for further advance The export
avy the week are ,oal .aSS bushels. ags
;uh- 30a.997 bushels the corresponding v
hon last year; the exports from the coast
zinc Gulf are zoe ) 34 bushels including
Ian. 31S bushels from New Orleans.-I
OCEAN, July goth.
=. European Crops and Grain Market