, 1877-01-01
the winter wheat region (as Michigan and Qhiol,
~ they dad 4 batter market Tor its prpduct pre-
pared hy the patent process.
wrMTKR WHEAT.

- al shey dnd = bctsef market for il product pre-.
pared BY the pstent process;
For many YeArt past winter wheat hos been
scarcely noticed ID this market. Since last
hafrest there has been d notable change In
This respect, tho new winter wheat being sent
here 10 comparatively large Qnantlttes. II nas
small premium ior No. ., and decided
sse'ts ts. ess!y - !o"ff % .61Ssa tIs q
being used In Chicagn.
Of wheat from this market has been tho light,
est oi many ycars past, The Canadians needed
lIttfc ct none for their own usc, and PRICES
here since Jniy were uniformly too high to offer
Aprolit On shipment to Europs. Fer this rea.
son Canadian operators have held aloof, their
former experiences on the losing side making
them cautious nbnut assuming undue risks.
Instead of wheat The Canadians haFs purchased d
European markets, where II finds ready sale,
= the British mi'lers do not put up their flour
being taas ps seems nt 10 Sc 70 buy xsat tnstcai
Of hUur for export 70 Europe. The znlflers on
tho other side OF tho Atlantic can now obtasn
wheat at lower con'paraftoe prices than they
VIZ VEIL t. d. osv sn4 ea s de @S @ on f!s Fhe 4es,o f.
for this is the fact TINT there arc now better
facilities for handling and transfcsring
wheat in bulk on Our fcaboard. A few years
aer NJ '"s, York e's and 70 those 81 the srdess
character, for handling wheat except IN bags,
aud the package Of 1our was - cas!ly handled
IS an equal bulk Of wheat, Now TIC wheat Is
miller has the double advantage Of hcIuG able
10 comhlpe different kinds Of wheat so a. TO
produce tho quality OF -four hts customers lake
best, and 70 offer Il In packages Which eut tnesr
tastes, the English consumer decidedly prefer.
ring tho sack Of homemade flour to the barrel
OF foreign manufacture.
oUn WHEAT IN NEW YORK. ..
We havc ndvcrtcd above to the fact that our
faio, Is generally rated In New York as Chicago
No. q spring. this tact tends to foster an er-
roneous impression at the East and n Europe
with regard to the real valae Of the wheat
grain have au undoubted right to improve the
Quality by cleaning It, but 1t Is much 10 be DC.
sired that such cleaned grain SHOULD not be
u.ed 70 love. .bG SstnH:op IN Sh'sa sta our our
read repeated expressions OF surprise ut
the UNEXPECTEDLY good quality Of eargocs
OF No. Q ordered directly from, this market
through responsible houses. ls unfostunate
rs exceptions TO tho rule, 50 that thvy have not
el5cItci other orders 50 frequently a. they ought
to have done. Tho houses In the British isles
ho o Rany p1s 5 ait oeo1 egsf,
70 ind fault Til the. past summer, when
two Or three ca1goes Of wheat wcro shipped
from this city as Mo. :, and arrived IT.
their destination moro or less out
OF condition. That the wheat ought
to have been posted was gcnctrlly claimed by
tho trade, but tho State officials who {mts)nan-
aged the inspection had their own opinions on
tho subject, and their action was-to speak
mtldly-of no advantage to tho men who deal
In wheat. There Is every reason to hope that .
stand will be taken By the grain dealers Of this
c1tv and the interior during the current winter
which will bring about change that will hc .
f&A ANnfret fftf11rN nn1AfAkFH IN that
direction.
THE PROSPECT FOR THE COMING TEAR
in this market Is sill smaller supply Of wheat
and good prices realized therefor. According
to the best estimates, England will want H.
100000 auartcr& or liz, o00, 100 bushels. FROM
foreign sources TO supply her rdcflcicncles during
shc current harvest year. 1t Is fair 10 assuC1c
that OF this quantity M average Of at least
1,00Q,0 600 bushels per week must be supplied
from tho United Suites cast Of tho Rocky Moun-
tains, which means TINT the United Kingdom
TAl want all NC haye tn spare. A largo
part OF this deficiency will ht supplied
from tho winter wheat ra1ftnG regions,
tie yield OF the Northwest being comparatively
light Minnesota and Wisconsin have not much
wheat to spare, after deductions arc n,adc for
local feeding, milling, aud seed; md the ytetd
OF Iowa shows decrease. For this reason the
receipts OF wheat at Milwaukee Will probably
show 4 falling on for 1877, and those Of Chica
60 will certainly do 80 unless relatively hlgf
prices OF very Inv lake tre!ghts attract hithcr.
the Southwest, which wou1l otherwise reach
tho sealsoarl by the cutoff lines Of railroad
that carry grain past Chicago to the southwark