The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1876-06-22
The American supply or Wheat
for Great Britain.

for Great Britain.
Mr.. ii. kains Jackson, in an article
in the London Erening List of April
Gath, remarks as follows on the wheat
supplies of the United States:
"Imperceptibly as the boy growe
into the man, and we find a giant
where there was lately only baby,
so increase often unnoticei the re.
sources and productions of country.
Such is the idea started when the
present American exports of grain
are compared with those Of few
years ago. AS England pulls so the
United States pay, hand over hand,
the never failing rope of supplies!
What of the weather? What of the
war? are trifling questions compared
with the third, What of America?-
from whose Atlantic ports the last
weekly shipments Of wheat were &c.
900 qrs., and 10000 qrs. from Cali
fornia and Oregon; shipments made
. couple Of weeks before the canals
and rivers were likely to open to
navigation. What will be the ship
ments when the water ways are free?
The answer to this question just now
would decide many opinions, and yet
no certain sound is heard to indicate
the truth. The Sphinx of New York
is MS silent as the old granite block of
ancient Egypt, and more difficult to
read, as the Khedive sells his crop
yet to be reaped, whilst 6nanciers
hedge round and protect the wheat
holders of America to the last mo-
ment. Is it possible that the Atlantic
States only sent 10000 qrs. of whea.
to Englaad in 1s66?-and yet now
the country can send us yearly 5,ooo,-
600 to 100000 qrs.; whilst British
North America has ten times increas-
ed its exports since 1S65-a giant
where there was baby -and "other
countries" in lump, forward Qeav-
ing out India) 100000 qrs., against
their bantling of rs 900 qrs. in the
year 1864. All these material ad.
vances exhibit growth in prosperity
that startle the mind when viewed as
a result, however unheeded in their
progress. A subject OF astonishment
in connection with the American
crop, which in good years equals in
millions of quarters, the number of
inhabitants, $4,000, 900, is that it can
spare total export to all parts of
100000 qrs.? Whereas France,
with population Of 36,Ooo,ooo, has
not any wheat to spare-taking 10
years average-out of crop Of 49,
100000 qrs. The consumption per
head Of the inhabitants must be very
different in the two countries or sta
tistics must be very imperfect. They
are, however, so far definite that the
exports of the last four years are de-
cided to average yearly, rather over
5000, 900 qrs., and Auctuating be-
tween 100000 qrs. in 1928, and
100000 qrs. in 1884, we have to
estimate what total this season will
furnish-an average of more or less.
Up to the end of last March from the
1st of September, the total of exports
of wheat and flour are about 5,0O0,-
900 qrs., and it is we'll known of this
bulk how little has been diverted
from this country. From the end of
February or beginning of March the
merchants of New York are said to
begin estimating the extent of the
arrivals which the opening of naviga-
tion ought to bring. The grain next
arrives in large masses, upon which
money has been advanced by the
western bankers, and the growers
find themselves completely at the
mercy Of eastern buyers. If this be
usually the case the pressure of capi-
talists this season IS not likely to be
less stringent than before, SO if the
stocks in the interior and lake ports
be nearly estimated, such quantity in
its entirety may be expected. The
aggregate "visible supply is now
rather under 100000 qrs., against
100000 qrs. in 1874 and 1875 at
the corresponding date. But Of this
total if the inferior samples be put
aside the residue of good wheat equal
to the 1874 crop would not probably
exceed last years quantity. How
ever, even this argumeat allows equal
exports to last season, and when the
bulk of third rate wheat is added a
strain will be put on value which it
does rot seem strong enough to bear.
lA.s N Es,rn <Ns.Uls