The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1888-09-06
THE WHEAT CROP.
The Demand Will be Larger Than the
Stock on Hand.
What rhs United States. Canada and
Russia Can Supply.
Somebody Must Cut Down on the
Consumption Of Bread.
A Gloomy Outlook for the Poor Of the
Old World.

NEW YORK, Aug. SO.-A London
special says: 1t now seems to be a
fact that the Old World needs from
seventy to eighty million bushels Of
wheat more than the harvests OF the
year will produce. To put it in anOth-
or way, the countries which always
have ~ buy wheat must this year buy
some $40, 900 900 bushels, while the
countries raising more than they CON
sumo will have only about 295, OOO, 600
bushels to sell. The annual interna-
tiOnal grain market, held In Vienna ON
Monday, gave estimates Of the yield Of
the world, which varied only in q few
particulars from those already given.
On the other hand, the real state OF
the Erench harvest seems much worse
than reported at Vienna. Yesterdays
terrific storm OF wind and rain ended
whatever chance remained of improve
ment in the prospect OF English crops,
and the English must import at least
I7O, 600, 900 bushels.
France, the 90 &c xrt eatest produce
in tho world, has Odnnf the worst crops
ever reaped. A week ago it was eSti-
mated that she woul need to import
50 200 600 bushels. Now, since the
fresh storms and the discovery by the
first threshings OF the bad quality OF
the grain, IL is put at 81, O00, 600 by the
MercuriAl des Hales and at SO, OO0, 900
by Bollack, Sarassines g. Co. What
makes the matter worse Is that very
little OF this can be made good by Al
giers. where the grasshoppers have
Germany, Italy and the Netherlands
must buy more wheat than usual.
We understand here that the United
States and Canada can be counted on
to supply about los 900 900 bushels,
Russia 90 900 900 bushels and India
30, coo 900, but in these latter countries
there Is much uncertainty OF reports.
Letters quite unfavorable are numer-
Gus. But trained experts here believe
the above figures to DO nearly correct;
In any case, IL these crops turn Out
larger than estimated, the daily IN.
cTeasing evidence of bad quality anc
light crops in Western Europe will
balance the grain.
With smell deficit as this in The
worlds market, equal TO the entire
wheat crop Of good year of such
country az Germany, 1t Is evident thai
somebody must cut down the cOnsump
ton Of bread and that there will b
fierce compton for the possession o
the grain markets on this continent
Paris has advanced lately and yester
day London and some English prOvin
cial markets had sudden advances
from six to nine cents per huudEe'
uDon last weeks prices of foreign
wheat. This panic was probably du
to the drenching rains and heavy win
storms, as in places where the RAJ
was not violent the prices showed les'
change.
The English wheat market Is still
+ fxya,-vNrol fnllOVlfa NQrU VOr
and San Francisco, but London Is NOR
concerned in the Baltic trade and nc
50 easily moved by American quoti
tions and provincial markets, hk
Rochester and New Castle-on-Tyn'
think most of the local crops and d.
mand, hence the prices for the pai
week have been much affected by I'll
weather, bright day frightening buC
ers and heavy rain stiffening the Sc
lers, but yesterdays storm has 9
knocked out what remained OF tn
English crops that this can no longe
be the case.
Already we catch a glimpse of whi
the wheat shortage is by the discover
that bread has gone up penny on
quarter loaf in many parts OF London
The northern poor house authorize
have their hands full with an army I
laborers who are accustomed to CON
to England for the harvest. This ye'
they find no work for them to do al
the laborers have no means wherewii
to feed themselves. What adds to u
serious aspect of the outlook is the 81
failure OF the potato crop In maj
parts Of England and along the we
Cuust Of ireland. This alone Won
have made q bad outlook, but col
bined with dear bread there is gloon
enough outlook.