Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1880-11-18


entire wheat growing regions of the United
States of 465, G91, 900 bushels. 1t was
stated on October 9. that in all likelihood
the latter reports, giving the full results
OF threshings would not reveal total
actual yield much, if any, beyond As, ,0O0,-
600 bushels. Fairly complete returns re-
ceiyed during the month Of October from
all parts of the country warrant the pres
sentatiOn of a final summary, the accuracy
OF which We believe will be established
when the marketings of the year come
to he summed up. These returns show
a total yield for 1880 of 40, Gas, 900
bushels. The returns for the New
England states remain at 1,1OO,OOO
bushels for the Middle states 1T 81, 49,
600, and for the Southern states at4 929,-
GOO bushels Ohio. 80, 500, 600 bu.hels
Indiana. $4,000, 900 bushels; Minnesota.
2,G2O, 600 bushels: Nebraska, 9,130, 600
bushels. Returns from the remaining
states of Michigan, Illinois, Wisconsin,
Iowa. Missouri and Kansas show 4 fall
inS off from the earlier estimates made be-
fore the thrcshinS was at all complete,
with the exception of Wise ,nsin, whose
Yield is now placed 1T IL, 450. .00O-a short
crop. The final returns of the other
states are as follows: Michigan, $3.50
COO: Illinois, %, ,500 900: Iowa, 4j,GGO,-
600. a considerable reduction from the
preliminary estimate Missouri, %, $50. 600;
and Kansas, 10, 80. co., Total for all the
Western states, 32:i, G71j. 600 bushels.
The wheat crop OF washington Terri
tory is included under the head of the Pa
ciiic coast Later returns lead to the con-
clusion that the yield OF the entire Pacific
coast is 80, 10000 bushels. excess of
1890, 600 over our first estimates of Dc
tObe-3. In San Francisco journals and
elsewhere these figures may bc regarded
rs too low, but returns AS To the increase
OF acreage aah yield, taking as 4 basis OF
calculation the known product for 1879 as
Indicated above. Il" not warrant d larger
figure than 80, 800, coo bushels. This re
suit. after deGuctin. for food and seed.
will permit an expectation of about 3,.
0;W GlJ bushels.
GA the whole, We ar. ed to place the
needs of the country for food, seed, etc.
at 2;J, CO.,. 900 bushels. On this basis there
will be left a margin of l9o "a, ,000 bushels
for export to supply the demands of for
eign countries.
The reported Surpluscs ant! deficiencies
in foreign countries are compared, and the
result give, al apparent surplus Of -, ,06o.
UUV H'' tpiiCittSh.
The appa.crt surplus OF wheat over the
world, need is SD small that, considerin.
the probability Of consumption ut home
and abroad Increasing rather than decrcas-
ing. there is no good reason to count Oh
declining prices. The shortncss of the In
dian corn crop in the United States will
.lavc some effect Il, S:,>tainin. the price of
wheat. Again, it is not possible for
prices to decline materially without speed
lily increasing the demand, which. i'm turn,
will react ia the direction of higher prices.
Having regard to all tic factors entering
into the present wheat situation, it is con
cluded that :, continuance of fair price;
for wheat is justified. The apparent sur
plus of 21.OD0. 600 bushels in the worlds
wheat product is not SO large rs to Justify
fears of very iow prices. There is little
more. if any, than enomgi, wheat to supply
present and prospective deficiencies. F"r
this year. 1t least. the wheat producers
of the tnitci States bid fair TO receive
fairly rcmuncrativc prices for their crops.
The Crops Abroad.
London Letter.
The advent OF wintry weather during
the earlier par; Of the past week has, in
most districts. retarded wheat sowing :;
but with few exceptions, the seed time has
SO far progressed itvorably, not only in
this colatry but Oil the continent of EI-
rope. On the whole, and notwithst:ind-
ing the abn"rmally early fally OF SHOW,
the weather has been cold dry and favor
able for thresliinS olserati""S which has
brought to light very considerable damage
to stacks from the excessive rainfall which
occurred u i,'.tmi int since, and as thresl,-
ing goes on results are found 10 bc worse,
as :: rule. than the lowest estimates that
have been formed Of them. Samples Of
English wi,cItS yet to hand are OF IL most
varied character, bo:h in respect of quail
ty and Of condition. and the truth of the
matter appears T." be that. of the large
bulk of wheat which WAS harvested in OK
ceptionally good condition, u very mater
ial portion has subsequently been damaged
in stack. Atall events, good sound sam
PIES of English whCats Are scarce and
seed wheats are readily salable at
prices which are considerably in cX-
cess OF ordinary market quotations. The
eXigencieS of farm work ut this particular
time of the year increased by the severity
of the weather have no doubt lcsscned the
supply Of home grown whcats, which,
during the week, have been 4, 13l qrs.
The trade for English wheat since Monday
has not been active. but the features
which have hitherto characterized it have
been intensified, good sample being more
readily sal ,b|c, whilst anything; short of
that standard has become Il still heavier
drug upon the market In the leading
provincial markets the sau,e rule will ap-
ply, the demand for seed i,ciny active,
whilst millers' purchases have been con
Quoted with extreme caution. The best
English flour is scarce and comparatively
dear.
The foreign grain trade has shown
some weakness and still further uncertain
ty during the week. The wheat cargo
trade was dulI~o Tuesday on receipt of
cable advices from .Ama-ic.. of larger ship
ments and lower quotations, and on We'd
neStlay transactions were very limited. On
Thursday American red winter wheat was
difficult to sell, and on Friday the tendency
of the cargo trade was still downward,
ard although bread-stuflS were firmly
held, the very limited transactions We're
conducted on terms which favored buyers
Saturdays kilograms from New York ad.
wise a steady but quiet trade 1T cent adj
vance on the previous 'iay.
In France the wheat market has been
unsettled during the week, and closed on
Friday, at Paris. with downward tendcn-
cy. Nevertheless, wheat is relatively
dearer in Paris than in London.
In Germany the trade for wheat and |
other cereals has varied during the week. |
At S.ettin wheat and all cereals have been |
dull Of sale. At Berlin millers have llr-
chased freely and prices have been sus.
tained. At Danzis term wheats have inn
proved in demand on account OF the short |
ness Of supply on the spot. At Hamburg
rye las consider ably advanced in prices |