New-York tribune., 1879-04-12
THE BREdDSTUFF .HdRKET.


CONDITION or THE FOREIGN CROPS AND THE GRAIN
sUPPLY ON HAND-THE AMOUNT REQUIRED FoB
THE MARKETS OF THE UNIFIED HNGDOM-wHAr
THE AMERICAN MARKETS WILL BE ABLE 10
SUPPLY.
As the opening of navigation approaches,
gram exporters beginning speculate the pros
poets Of foreign demand. II generally conceded thar
the market during the Winter has been dull for export,
and that Great Britain has been purchasing only whao
was needed tor Immediate consumption. As 10 the
actual condition Of the stocks hand the prospects or
the crops and demand, T. H. Walker, the statscian
Of the Produce Exchange IN this city, gives the follow
ing facts obtaued from observation and authoritative
The estimates OF the wheat crop In tho Uaitei King.
dom for 1873 said Mr.. Walker indicate thai from &c.
100000 10 lOi 900 900 bushels Of foreign wheat must
be imported during the crop year ending August 81,
1879 The area under wheat In the United Kingdom for
the harvest crop OF 1879 estimated at ABOUT 1oOOOO
acres than last which will make decrease IN
the home supply of about 2O00OOO0 bushels. From tho
netmpors into the United Kingdom for the six months
ended March there left to be purchased III foreign
countries shipped In the remaining part Of the crop
year, from 34OO0,O00 TO 42O0OO0O bushels.
II the estimates Of the French wheat crop
OF 1873 approximately correct IL wou'd
seem that the French requirements of foreign
wheat will be about 79OOOOO0 bushels The
uary 81, 1879 are officially reported to be 4O.27O65d
bushels, indicating further requirements. TO July 81
1879 OF about 3572934i bushels. The net imports OK
Germany over exports IN 57S,were e2o226s
bushels, about average yearly import and indicating
that Germany importer instead of source OF sup
ply for Otner countries The net Imports over exports
OF wheat aud wheat -four Into Belgium in 1873 wero
equal 10 13 2l26JS bushels, full average therefore
the net imports for 1879 will be somewhat less than
those for the previous years. Holland Spain, Por-
tugal, Switzerland Italy aud Sweden require To lm-
port considerable amount OF foreign wheat the yearly
amount for all or them being ZOOOo'OVo 10 oV'VVo'-
900 bushels
The required imports OF wheat and wheat -four by the
importing countries OF Europe tor the remainder of tho
crop year from March / 10 August 81, 1879 viii reach
nearly 100000 bushels. The principal countries
that will be drawn upon for this supply are Russia,
AustroHunRary, Roumania Australia, British lnds,
Egypt Chill and the United states Tho exports from
the Russian Empire IN 1873 By sea. were exclusive OF
-four and overland shipments OF both wheat and -four,
"a $50 bushels and included with thesewere prob'
ably fully 900 bushels. against 5J5i3o3o Dush-
els by all the before The wheat crop OF Rus
sa in 1877 reported TO be larger than ever before
and that Of 1873 about an average The stocks OF wheat
in Odessa and Nicolaef January 1,1s79weI e634ooo
bushels. What the remaining surplus Will be which
Russia will have for export, remains TO be determined
The Danuban exports from the ports Of export for Rou
mania Of wheat, 1,944,0O0 bushels IN 1877 lthe
time OF the TurkORussiau war, when the ports were
closed most Of the year, against 13.i06s00 bushels in
1876. From present Indications Egypt or British India
will not furnish any important supply OF wheat for
Western Europe the six months ending August
81, 1879. The Egyptian crop is about harvested Tho
wheat crop 10 be harvested IN British INDIA In April
has been seriously damaged by drOuth. The outurn or
the wheat crop of Australia Just harvested VIII ge no
more than 900 IONS. against $4,000 tons IN ISIS,
wnen about 56.l3l tOus were shipped To The United
Kingdom and tine remainder TO othtt iiands ana south
Africa The wheat crop Chill said TO be f average,
aud her exports TO Europe have ranged ~ previous
years from 100000 To 100000 bushels The stocks
in the fourteen importing ports Of the United hlngdom
December 81 last. when they amounted % nearly lO-
100000 bushels. The stock of wheat at harseics on
March IA 269 600 bushels with 10 important accu-
mutation at otner French port Tie stock OF wheat
on March |, little more than 100000 bushels
| and AZ KOngsburg, January i, s306yO DuShtis. Inc
stocks in Belgium aud Holland are small as are also Iho
| accumulated stocks in the gr8naries OF Europe The
crop prospects in the United Kingdom In France and IN
Germany thus far have been generally oi AL uhiaVor'
For the remaining crop season than 10000
bushels Of wheat and wheat Hour need be cNee ed ss
the export from California. VI which about 100000
! bushels will 20 to Europe. The crop prospecis OF
| California are reported favorable. Rains have Visited
every part OF the state but have been very ght IN
MERGED, Fresuo, and Iulare counties lhe expore
movement from the Pacific states a latest a"Nices mas
been IL s33 4O3 bushels, which VIII probably make Tor
the crop year %. 100000 bushels; From the Atlantic
| states the export movement o' wheat ana flour from
Jny p, 1875 to March -, 1879. was bush
els The visible supply at the atter Ia'e was , Io,sSo
326 bushels, OF when tue stICAs d. 49,, ,isV'
Milwaukee, aud Duluth comprise ll.772fo2 bushels,
| chiefly OF spTl0g wheat. Inc Nlutti "HFdl
| of New-York and Pennsylyania generally has been
| pui into the market. The remaining Winter wheat
surplus OF Michigan March - 1000 hushesj
while IN OhIO Indiana and Illinois - believed 10 Do
small over domestic The condition OF tie W ln-
ter wheat crop to date Is reported generally OF
! favorable character. During the first two weeks IN
Marcu considerable spring wheat sowing was done IN
Iowa, Southern Minnesota and in Wisconsin under Ia
vOrable auspices. Ihe average receipts ol wheat ae
We.tern kc and porte from March 10 10 July ~
| Tor the Las: four years I,39O427 bushels. with
weekly average receipt OF 92l 09l bushels the receipts
for weeks will be l7.JOo729 bushels The re-
ccipts at the seven eabOard Atlantic ports oI the same
period IN 1873 26]li 09e bushels; ls17 fe23.-
| III bushels 1876, 2l,Jl0.029 bushels; 1879, AO9o,-
22G bushels nut time Will determine what the tecelpts
will be for the same period IN le19 In look
ns at the present visible supply, and the propeeuye
receipts Of wheat at Western lake and river ports ana
the prospective deliveries at seabOard pors Tor TINS
period il may be observed. continued Nr walker that
out of the total both must come the supply Tor the
period OF tour and half months for the nOuriDS mills OK
ali New England, the Middle states, ana OF cOnsluer-
able portion of Canada West. The receipts and the
visible supply may amount 10 4O,OOo,OOO bushels or
| wheat-pOssiDy more, perhaps ess The exports OK
| wheat and wheat flour from san Francisco, July l,
| 1873 to Marcn 10, 1879, were l4e732el bushels ;
| Portland Oregon from August 10, 1873, To Feo-
IuaIy -, 1879. 29GOll2 bushels from Atlantic ports.
lacludng Montreal. from July 81 ISIS, TO March 10.
1879 9O7o $50 bushels total, lOs,OlJ,35o OushSls