, 1879-03-13
WHEAT.



,nr ,r,ost ,,'.r,,at ,1,x M n"s' & 1aven ,, ~ ,.,
s,s,, ~ ,a na.' ..,"' ~ uas oeea',ea nv onsaso'
s..sna.u ] ga,m ,a,,,aM % @a'pets "''o naun: tl,o
thpes "1hcn Fccoia Lie fluctuations IN west
efn markets. Wero, Of cotrtc. confoundcd By tho
fluctuations in prices there, but As their opera
ttons arc u,a]o In tbosa markets ycrv i,ttto
e'trs. m,.s "as ,asa".' p'uause1 .nele. ..,...
ino loteerS ana lts resu'ts have, however,
bud tile elect Of directing intention to the wheat
mnrkct. A change Of some Importance l,ns
ac,iyo ~. ..,,ao. w. s.a"s e.nso ~, .,'o
u..'a"u Aos oa' m"eat htfans up rom t''e
eootll'eht. IL beGah Idst scas0n with the great
improvcmcnt In the quality unl quantity OF the
"wiutcrh u wteot rcnchtnr this market. Fnrmcrv
our,lealtups were aimott cxcl,,,ircy In ssnr,nri,
.x...s. - r., - n.,.s IN 1 ~ s ~"
Wae1t y those oi cnlea0o etf1l arc, ont thts 1ar
th's scason wintcr growths have takcn tho lead.
"No. red winter" has been most active for
WITH amhnr and ,vh,,o n.xt T,ha r,onrs :,
s..s "'sA a'nu'. nno "A's ne@s. lAe enahse is
que, as We nave M sala' 70 tho demand from thc
Conttncnt. The Continental buyers will not
take spring wheat. They ara not acquainted
with n. rcnr,ta. I'm 1o, vin,o, +. rh,, t,,ov
.',.. WIN 80 Mo.'sss Wv ~ WING. 10 ""at lucy
REQUIRE anu Ill consequence OK tliss preference
No. rcd winter has for some tltno brought
moro money than No. white, which
,r,.,. a ' easnaa, sneaa0sanss. ,s..asa, aou'o ~
,',,'a 49," s1at, Son's uuens1 u'o.e' An@
olher iaet which hns dotracted from tue 'mpor-
tancc Of spring wheat Is tho inferior quality aul
deficient Yield OF tho last crop. The crop Of
1877 uearfy all graded Nc. q, Vhtlc that Of 1878
Is nearly all gralictl No. 3 or rejected, wlljlo
very little Erailes a. No. g, Besides, EnrlIsh
our spring wheat, have ve graduajiy acauIred lie M
habit Ut slluulyiug most Of lid needs nt thn
Western n.arkets On through hi cneascments ] ri OF Of
freight.
Tic t1ecltne In Chicago had therefore but
BY a active de.aad for % our wiuter VIII rheat t. from @
tic Continent, and enabled slppcrs 10 lii large
or,lcrs on rather better terms ttpu thcr could
ots5W's maWays1 hasH p ,tx,as Hfe rc.
The position md prospects OF ttlc wheat market,
Al Tie cutl,ngncemc1,t Of thu marketinr nf tho
crop 1t was found that wo had exported in thc
previous year from tie United Htatcs tlncIutling
O00, 600 bushels, quantity wholly uoprecedent-
cd, and yot It MA catt,natcd that we Should be-
able 10 snare from lie crop Of ISIS no less than
12o,oo0, ,Ooo bushols, tlc deficiency ID tic
being moro than 1nnGc up by m Increased
Weld Of wtnter WHEAT nn,i n, Inn "roo m
tic Pacific Coust. At the same tt,Du Il was
estimated that Grrnt Britain would rruulrc not
less than 10000 900 bushels und ihe western
part Of the Continent OF Europe nat less thnn
ia OOO. 400 b,,si1ea. mnkfnr m nrrrepotn ~
15O, ,0uO, GOO buslyuis or more, Not oniy wrre wo
to be called uUon to contrbuto tha princinal
portion OF this rrrat deficiency t,It aian IN
suupiy the tncrease1 ,saf,fs NJ Snutl,
America md other countries. ,yhieh wnro
unable to obtain their accustomed st1pnlies
from The Mcdttcrraneon ports. T'ha atatIstics
1nado IN. Wcdurnr tfour n wnheat onI nsrt1v s
csttlnatius tho noyefneut from tha pa,jHc (nast'
wc exDortcI for the hir months onflinr thu ist
Of Morcll abn,It m.fEV,. dtXi bns,,cis n whcnts
leaving 45,0o0,0oO bushels vt 10 60 forward
hrtwsen tko 1st nj Niurrl1 md tEr III nj
Scptcmbcr. Thn exnorts from tho AtIsntic
ports were about G5. .odW. .0IO bust,els. of Which
R, ,OOO, coo went to ths Eontiront' S8,Do0. .iN1