The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1888-10-18
COMMERCIAL REVIEW.
Conditions of the Markets for Broad
stufYs-Other Products.

i
The breadstuffs market is being watched
with more interest just now than any other
articleof merchandise; and the fact that 1t is
being manipulated adds to the interest, as IL
is not for the present being governed by the
law OF supply aud demand, but it will be
sooner or later; It is only question OF time,
The contribution to Brddstreet's, by w. J.
Harris, OF London, in which that gentleman
| pointed out how the worlds wheat stocks
have been eaten into during the past few
| years, and now, in view of short crops in the
United Kingdom, in France and in the
United States, the outlook during the early
half Of 1889 is for material advance in
/ prices, IL not for corner, has excited very
general attention.
A Winnipeg grain house writes Of the
Manitoba wheat crop un Ter date of 4th inst:
Last year we had about IA, 0OO,0O bushels,
and we conclude from all reports 10 date
that there may be 100000 bushels this
year. As n rule the quality is extra No. 1
hard, and there is no soft wheat, but there
will be some damaged grain hy blight and
frost. How much, we cannot say. Thresh-
ing has only commenced. SO far all the cars
of wheat sent forward have graded No. ex-
ira hard
Prime sums up the winter wheat conditions
so far as fall seeding is concorne and the
general surroundings Of the crop as follows:
"The rainfall has been very uupqud in its
distribution, Nowhere has 1t besn excessive
in some localities drought. Tho crop has
not yet as a whole naio stand. The month
of October will very lirgely determine tho
character and position Of the crop to With
stand ths coming winter 1t looks now that
unless we have mt once deci led change
as far as moisture Is concerned, tnat tho
crop will go into winter quarters very
similarly to tho crop Of 1857 aud 'SS.
which was small and weakly. That there is
adec.del scarcity Of good millirg wheat is
demonstrated from the fact that millers
everywhere have been paying until the pres.
ent week prices far above those which have
been rulin, in grain centers. Au intetstl ltc
exchange Of wheat shows more clearly tho
shortage OF crop thai all the tables and es-
Inmates of bus, els which Sta:o is said to
grow can show
Some OF the shorts in tho Chicago wheat
market have taken counsel OF their fears and
covered December contracts on the theory
that .nere was going To bc corner in ih,
month, and as yet December corner is Of
necessity a corner in anticipation only.
The shipments Of mountain cattle aud sheep
to Chicago are largely on the increase. Tho
quality of these animals is regarded ns supe>
rior to that of the Texes product. The meat
Is moro juicy and appetzing and the est of
conveying it to market is less than the cost
of transportation from Texas Tbs live stool;
marketed in ChicIgo will erc long CONS from
tbs foothills of the Rockies instead OF from
the plains Of Texas AMI Indian Territory.
From April to the close of last month tho
exports of wheat from India amounted TO 49,.
$1,000 bushels. For the same time last year
the exports were 81, 10000 bushels.
Coifees are in very good demand and prices
nre quite strong, tho recent advancs in san
tos and Maracaibo coifees being maintained.
Sugar is in only moderate demand aud
prices are weak. A New Ollaaus mcrch N
writes that new sugar aud new Iuo'asses are
coming into marke5, aud roce p.s vii, soon
be large and encouraging to western Uuycrs