Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1878-06-07
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The Wheat Prospects.

According to dispatches from Europe
OF this date, it may be said that the
crisis in the affairs of England and Rus.
sia is past, and the balance of circum-
stances falls on the side of peace. The
proposed congress of nations for the set.
Element of the eastern question will soon
meet, and as it will at least delay the
events which points in any manner to a
hostile collision, we may safely regard it
rs a settled fact that there will be no
war for the present.
Investigations carefully instituted in
regard to tho prospects of the growing
crops OF cereals at home and ABROAD, al
though they may be a, this time specu.
lative in part, yet afford fair ground for
rough estimate of what may be cxpec-
ted from the coming harvest Tho set
Element of the eastern question without
resort to arms makes this more import
ant so far as foreign crops are concerned,
inasmuch as the promise Of an abundant
or scanty yield has sensible effect upon
our own exports of grain and the prices
~ wall utiuS. LUIS teIOT Ul iatest au =
vices in respect to tho promise of the
European harvests is that it is not a. all
satisfactory. Ia England, although the
Spring was cold and wet, and on heavy
lands the crops have suffered more or
less, a fair yield, though somewhat be-
low the average, is anticipated. But
although the crops are looking we'll, the
yield there is always dependent upon
the state of the weather at harvest time.
As the wheat is not fit for the reancr
until the first week in August, tie heavy
and continuous rains, that not unire-
quently fall after it is cut aud in sheaf,
and before it can be stacked or housed,
make the days Of the English wheat
harvest the most anxious in the year.
In France the cold and wet Spring
weather has retarded the growth of the
cereals, but has not as yetiniured them.
In Germany the crops have beea serious.
ly damaged by frost and wet aud cold.
In Spain, owing to protracted period
Of drought, the wheat is looking badly,
aud at this time small yield is antici-
pated. From Russia there are as yet
no trustworthy advices, but the surplus
from last year stored at the Baltic aud
Black Sea ports, and in the interior, is
supposed to be about fifty three millions
of bushels. The Australian harvest is
over, and the yield found to be small,
leaving only for export some five mil.
lions OF bushels.
The two great sources of wheat sup
ply for the markets of WesteA Europe
are Russia and the Uni,ed States--the
chief market for beth being England.
Our own crops almost everywhere
promise well, and the acreage in wheat
is said to be largely in excess of last
year. How much of our surplus ct
wheat and corn will be wanted will
greatly depend on the solution of the
controversy now pending between Rus.
STA and England. The latter in any
event will have to make up her annual
deficiency in bread-stutfs by drawing
upon the markets in which she has been
accustomed to buy. On the contiuen,
Of Europe there does not appear to be d
prospect Of larger crops than those coun
tries ordinarily consume, and in some Of
them there will, in all probability. be q
greater or less deficiency to be made uf
from imports. Already vast numbers o.
Russians have been drawn from the pnr
suits Of agriculture, and are either nov
with the army in the field, or are il
training as reserves, and all this forct
Of customers tend not only to diminish
cultivation, and even if peace be main
tanned, there seems. from present APP
pearanees, TO be reasonable expaeta.
ton Of more than ordinarily large de-
mand for our brcadstuffs and pro.ision
for foreign consumption, - Orsqoaian
May 18th.