Daily Los Angeles herald., 1884-09-11
FINANCES AND TRADE.
Crops 1. Aneries.

WASHINGTON, D. c., Sept. 10. The
Agriculture. !. apartment report for Sep
tember SAYS; The product Of wheat is
above the average and is Of generally
good quality, except where 1t Is injured
by sprsuting In the shock. The wheat
Weld is not far from an average of thir-
teen bushels per acre. The results OF
the harvest Of spring wheat are not yet
complete and the product cannot be pre-
ciseiy indicated. II is probable frem
the reported condition OF the crops
already harvested and threshed that the
aggregate will vary but little from five
hundred million bushels. Reports Of
iaueh higher figures are misleading and
utterly unworthy Of credence. The gen.
ersl average condition where harvested
is 80, against SO last year. This condi-
tion i slnest identical with that re-
ported in September, 1879. the
osnsus Of the crop. which
yielded thirteen bushels per acre in the
whsat States. IT, ~highsst scaditions
arc California; Wtso0min, Minnesota.
Pennsylvania; Kentucky, Tennessee and
Oregon. These, with some minor pro-
duotion. sho~ hgures higher than the
general average. Iowa, Nebraska and
Ksnsas stand s. 90; Ohio and Michigap,
50; Indiana, 81; Illinois, so. Eastern
and Southern States range from 81 in
Mississippi to l03 in Maine. The con-
dition runs down 70 81 in Ohio. while il
10 81 In Michigan. the same in Pennsyl-
vania, and So In New York. There is
fine crop west Of the Mississippi.
The corn crop is in better condition
than In any Ssptsmber since 1880. The
general average is "a, it was "a last
September, SO in 1882 and go 1881. 1t
promises TO produce an average yield Of
26 bushels for the entire breadth, or
not less than eighteen hundred million
bushels 1t will make the largest
aggregate quantity ever reported in the
hlatory Of the crop. The ost crop will
average . yield per acre Of about the
same Is corn and makes an aggregate
excssding five hundred million bushels.
It's condition when harvested was 90,
which is lower, than for two previous years
but higher than for prior years since
1878. Barley averages 81 against 100
lest year. and 95 in 1882. Il will av.
erage about p bushels per acre. The
general average for rye Is SO and for
buck wheat 93, which indicates me-
dium crop Of about twelve bushels per
acre.
The condition Of potatoes average 81
against 95 last year. 1t will be an
abundant crop. but not 90 large as last
year. There is some complaint Of rot in
New England and little in New York.
Crops Abroad.
LONDON, Sept. lO.-The Agent of the
Department Of Agriculture cables to-day
- the result Of statistical Investigations
that the crop will be one Of superabund-
Anoe, and that European wheat will be
less than the aggregate Of 1882. Euro.
pean importing countries need 26O, ,000,-
600 bushels above the production. Eu-
ropean countries importing can supply
90, 000, 900 bushsls, leaving $50, 600, 900
bushels to be obtained from other CONT
nsnts. There is an increased consump-
ton Of wheat, and it IL the general opin-
ion that the lowest prices have been
reached. Potatoes and rye are less
abundant than last year.
BaiIrsa1 SHARES, Etc.
New YoRK, Sept. ll.--Governmcnts
firm for 4 per cents; railways firm;
stocks duriag the earlier part Of the
day were strong. On favorable advices
from The corn belt prices advanced | to
lAc. Pacific Mall advanced ON official
statements that the company was &C.
esnslatiag . daking fund for paying of
the ds6t, VS. earning 7 per cent on
the stock and had surplus Of over one
million. Late in the day there was .
reaction Of 10 II. The market closed
quiet. Compared with last night the
closing prices are l 10 higher. D. 4