Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1878-09-05
CALIFORNIA WHEAT.
! San Francisco Chronicle. I

San Francisco Chronicle.
9 Imperative failure of the wheat crop in
ornia last season renders any comparison
cen the business Of this and last wear in
particular trade OF little value. 1t is with
II that the present season, may best be
jared because the circumstances are more
similar. In 1867 California sent
ad the largest quantity of gram known III
isto:y of the State. the exports Of wheat
irur-tlle latter reduced to its equivalent
cat-allluunting in round numbers to
10 tons. or II. 900 centals. This sea-
ne estin',te OF the available surplus. is,
he opinion Of the best Informed
rs, about the same. although there are not
ing many persons who believe that the
-cedented surplus of that year will be ex-
ID. owing to the wonderful yield in the
Joaquin valley. So far the movement of
+ closely approxin'ates that of 1876, the
tity which has come to tide-water during
rst six weeks OF the season being almost
zeal. The exports also nearly correspond.
August, 1876, l.140,C10 centals, valued
773,957 were sent away. This year, to
late, l.l9l, $50 centals. valued at 81 022.-
have been dispatched. Preparations for
-ng the crop are. however, on a more extern
scale this season. 68.445 tons of shipping
under engagement to load against II ,675
II 1876. and the quantity Ct disengaged
:ge in port is also much larger. footing up
tons against only 1920 tons two years
not only in bountiful yield that our
ars arc blesscs! this season. Prices and
of foreign fre!ghts are also greatly in
favor. In the middle Of August. 1876.
-orn1a wheat in Liverpool was opted at
179s al ,,rr GENITAL for average and SIS 5d@
per Genital for club. To-day the valne is
iQgl0s I'd per GENITAL for average, and los
Os lOd for club and wooden ships arc
;rable for Cork for orders, at st:2 Is Cd per
while in August, 1876, they were worth
Is per ton. The result is that good ship
grades of wheat bring in this market
else per GENITAL against $500 1929
entail at this time in 1876, and the fixed
res, such as harvesting labor,
and transportation to market,
lower than they were, even
than this increase of twenty-five to thirty
per ccntal goes directly into the pockets
cmers. Practically, the crop is realizing
20 per cent. more to producers, and the
'ok is favorable, as the English markets
strong tendency. In only one respect
5 market likely TO have Il setback. The
Of freights now ruling are quite unre-
'ratlve TO shlp-oWHcrs, and the decline
h has occurred from f3 per ton. at which
eason opened. to f2 Is cd to E2 IS per ton,
est now obtainable, has checked the iu-
OF ships, and the number on the way
:; u marked decline. The tonnage under
cement is larger; the disengaged tonnage
1T is larger, but the tonnage on the way
IS poor showing. Summed up, the WISH
-1pply is:
1876. 1878.
IS engaged. tons. ........ H.675 68.445
IS diseEgaged, tons. 3,29O G9,336
Is ON the way here, tons. 1860 lG0,574
ais, tons. 346. 99O Z9o, $40
that while the requirements are quite as
the prospective supply is smaller, and
Fights now ruling do not encourage ac-
--,ns to the list of vessels bound hither.
these circumstances wheat is likely to
shed forward to take advantage of the re-
ON to which ships have been compelled to
it in order to fill up and get away, and,
IL the next two months, a much larger
triton than in 1876 will have been realized
the proceeds of our crop.