The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1881-10-07
INT WHEAT AND TONNAGE QUESTION:.

San Francisco Journal Of Commerce. I,
The quantity of wheat and Hour IN j.
harbor July lst was l2s,sss tons; the
increaae in receipts over exports since
then has been 42,454 tons; the total
now in port is lsl .s4s tons. This was
the state Of affairs on the 18th. It
has not changed appreciably since.
The tonnage in port to that date, in
cluding disengaded, about equalled
10000 tons register, the equivalent
Of loo, 900 tons of wheat. There are
thus on haad II 1874 tons OF wheat for
which there was no tonnage in port.
Under such state Of things, it is no
wonder that spot freights should be
firm. The probable arrivals within
80 days equal ls7, ,sle tors Of tonnage.
This will carry lse, $50 tons Of wheat
Of which we had on Thursday night
7l.s4s tons. 1t would take o month
90 load these vessels, SO that there
would be- on hand two weeks after |
the arrival OF the last, the receipts
of six weeks. Receipts since July
lst have averaged 23 ,26o tons week. !
90 that there would have been
brought hither l39,560 tons in the
interval Adding together this and
the surplus Of wheat over tonnage on
the 18th, we have the following re.
suit:
Tons,
Surplus Of wheat over tonnage
Sep. 10th .............'.. sa,4rS
Probable arrivals. I5osooo
Total I'll, ,4o3
Tonnage 70 arrive capable Of car
rying wheat. Is6,SS0
Surplus of wheat. l4,S25
That is to say, that even theE there
would be more wheat than could be
actually loaded by the vessels on
hand. This showing does not do
much to sustain the leading members
of the Wheat Growers Association.
Besides il is not absolutely certain
that ali this tonnage will arrive with
In the period specified, and some of it
may direct it's course to Oregon.
Az to the statement at the meeting
made By Mr.. Bell, we may say that
out of the 4i6, 754 tons on the way
and loading for this port, not more
than three hundred thousand toni
may be expected before January Ie
probably all can not arrive before
january sotb. A good deal Of thi
will probably seek the shores Of Ore
gon. The 23,5s7 tons not announced
may be regarded IS largely mythical
A few vessels unannouced will arriv
but they will be fully balanced b.
those which will never arrive-b!
those, wrecked, obliged to put il
through stress of weather for repairs
etc, It is impossible to say whe
the vessels now loading may sail, an
We understand that some placed j
that category are being built. 1t
certain that few or, none would .
rive by February 18th under tn
most favorable circumstances, and
10 equally certain that when the tel
graph and cable tell the English shi
owners that we have only half Gro
this year, rs the farmers statistical
in their wisdom aver, none may !
expected not only by February j
but for months after, until the unrel
ability of that statement is found OF
by experience. Ship owners will NJ
send their vessels on 3 four montl
voyage on speculation.
We have not, therefore, any ythir
exceeding 900, 900 tons to be expee
ed during the interval between no
and the close of January. This W
convey about 4so, 900 tons. We he
have estimated the average carryii
capacity at 81 more than the reg
tered tonnage, but taking SO p
cent, which will not in any case
exceeded, we cannot find that the
isa prospect for the arrival OF mo
than $50. 900 tons. Now as we ha
on hand q surplus of l,s4s tons ov
tonnage, it is evident that the to
available tonnage for wheat not ,
gagged for many months does =
exceed $4,000 tons. which is We
different from the s26,249 referr
to above. We have given here
trne statement of the condition Of |
tonnage market as il appears to rs,
NATIONAL ,MEEIlHal al,9sF ~ THE lRi