The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-07-22

year the United States and Canada sont to
British ports AZ go per cent. OF their total
receipts OF wheat, ursus 10 40 per cent.
from Russia, and 81 40 per cent from all
other countries. For the decade ending with
1872, the annual exports OF wheat from Rus
STA to the United Kingdom averaged twenty
million bushels, or about one-half of her
surplus forwarded to all European States.
We may add that the amount OF wheat and
-four imported by France last year is COM
putcd at about five hundred thousand tons
of 1000 pounds. Against this we have TO
Offset some one hundred and ninety thousand
exported, leaving u deficit ON the side of
home production OF more than three hun
drcd thousand tons.
Passing TO the corn trade, we find that in
1876 the imports OF maize into the United
Kingdom reached nearly eighty million
bushels, of which sixty millions, or seventy
five per cent. OF the whole, came from the
United States. The whole exports of maize
from this country during the last year, in
Guiding meal as we'll as corn in bulk, were
more than sixty-cight millions, an amount
largely in excess of any previous delivery.
This quantity, however, represents but
about five per cent. OF the total crop, which.
in 1875 attained the astonishing volume OF
one billion three hundred and twcnty-onc
million bushels. There is no doubt that I'M
der any circumstances the export trade in
Indian corn is destined TO rapid expansion.
The receipts of maize last year in the United
Kingdom were two-fold greater than those
Of 1873, and more than thirty mil
lions in excess Of any preceding an
nual demand. The forwarding of maize,
moreover, TO the continent has received
II signal impetus since sept. ], 1876,
and this has been visible in shipments
to Italy, Sweden, Denmark, Belgium, llol-
| land, and France. Both in Paris and in
other smaller but important cities OF France
| and Belgium. there has been largely in
| creased consumption Of this staple, prnci-
/ pally a. food for horses. Nor can we doubt,
when We look at the question of price, that
| this movement will continue. The icla-
| tive nourishmcut in corn, oats. and wheat is
respectively 1880 per cent. 1891 per cent,
! and liO6 per cent; but if We take corn at
! 67c. for 81 pounds, oats at 5sc. for 81 pounds,
and wheat at $40 for 60 pounds, it is plain
! that the results as to cost are very striking
| ~ in favor Of the great American staple
: ne luultdNlbiS HOW are llidl liit dltst tl Nh'
! European corn market will Toe largely cX-
tended during the present year. aud that the
demand upon our surplus production will bc
corrcspondingly increased.
With the facts here collatcd before them,
our Western farmers will be able, as events
are uuiuldcd in thccuursc of the present war
in Europe, To- trace for themselves their rcla-
tion to American agricultural interests. ",
I Will only add one general statement forwhich
rs for the statistics above cited, we are III
dcbtcd to the lately published report of the
/ New York Produce Exchange. Last ycaI
thctotal outflow ofall cereals including thciI
products in meal or -FOUR from the United
States to all foreign countries, was about
one hundred and fifty million bushels o
which nearly nve-siNth- We're despatched
from the Atlantic coast, and twcuty-slS
million bushels from the ports Of the Pacific
This aggregate export was about ten pei
cent. of the production. and ina-much as oul
average crop Of cereals yields not less than
"a i-G bushels to each inhahitant, it i ub
vous that tn" surplus available for foreign
customers IL altogether without parallel.