The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-08-02
T. O,GRADl,Y.
The Wheat Crop Damaged Greatly in Eng
j land, on the Continent and in Many Parts
of this Country. '-a'-.

The Wheat Crop Damaged Greatly in Eng
land, on the Continent and in Many Parts
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 far
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 adj
vices from Great Britain, which from
day 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 rs the most highly
cultivated and the richest agricultural
cOuntry:.ih the world; hence I'VE cannot
now form any idea of the extent Of tho
damag done. but upon this the future
value of wheat largely depends. These
deplorable floods have caused almost a
suspension OF all outdoor husinessthere,
and prudent business men have prefer
red to wait until the storm was over to
know how to act ihtclligently. but some
time must elapse before they caA get
even an approximate idea OF the extent
of the damage idone. x Much OF the
wheat SO long under water isiof course
worthless, but the growth of much Of
that escaped the flood has been greatly
Ifretarded; the crop is backward, tand
there is much apprehension for the fu
ture. The rains at the west still con
Time, and in Ohio and Indiana the IN
jury to the crop has been serious, anc
for four weeks past there has been little
cessation Of rain. The few Intervals O
sunshine have not been OF sufficient du
ration to enable farmers to dry theil
wheat properly. and muchof it has beer
injured by rust and in the stack, more
especially I'M She southern and centra
parts of these states. At the north, rus
is greatly complained of, and the harry
est has been greatly delayed. 1t is nov
very evident we shall have large sup
ply of poor wheat, where We had count
ed on a good article. n The yield 10 thu
acre we have long since reported great
ly below an average. From kentuck..
and Tennessee We have reports to-da.
Of great injury to the wheat in the stack
Thus far the accounts from the north
| west, have been favorable, though som
apprehension is expressed in cense
quence of the LATE heavy rains. Th
present prospect is highly favorable
The promise now is of q yield consider
ably larger than in 1873. The aggre
gate sales Of the week are much lowe
than the previous week, but the majo
part of the business has been OF spec
ulative character. The wheat on th
canal has been sold and resold repeated
tly, aud most legitimate orders could ne
be filled. Unlimited orders from Liver
pool and the Continent were prompt
filled, but few such orders have come
hand. The intelligence from the Cont
nent is variable; in France, Hungar'
and Austria, Switzerland and q. porto
of Germany and Belgium their crop h:
: been greatly injured BY drought, iros
| floods, and later by the premature ripe
r ing of the plaintiffs more especial
: true of Hungary. Austria, and Southel
. Russia and the indications now a
: that the crop on the Continent VI
r ! prove considerably below an averag
5 From the Pacific coast we learn L
D movement of wheat is very light; Il
\ farmers in California are not disposed
D sell their wheat; and nothing was shi
: ped last week. In Oregon it is too ear
,ft Tor any movement. From Australia &
oil advices are not SO favorable. From Vi
tcria, where it was supposed they had
considerable surplus. later reports
dicate q deficiency. Our portion we l
:, gard as a very important and interestil
a one. Should our spring crop res
.e favorably, we would then count on I
is tive trade at satisfactory prices. 7
IN wheat now on the canal is about :, 81
is 600 bushels. and on the lakes and raj
N 1882 900 bushels; the most of 1t b
K been sold several times, and IS now hs
Q. for further advance. The exports
:. the week are |, 09l .2SS bushels; agail
b. S09.997 bushels the corresponding we
D. last year; the exports from the coast =
70 Gulf are ,20s, l24 bushels including 8
s. 31S bushels from New Orleans.-Int
Ocean, July 29th. as
European Crops and Grain Market
h. M FRANCE. s SD y
PAINS, July All our provinc
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