Devils Lake inter-ocean. (Devils Lake, Ramsey Co., Dakota [N.D.]) 1884-1905, 1888-09-08
tn. WHAT CROP.

THH WHEAT CROP.
Greatest shortage for Many Years
-Rurope's Condition.
New York Tinss Loadoa Special. Aug. %.
II now seems . fact that the Old world
needs from seventy to eighty million
busheh Of wheat moro than the harvest
Of the year viii produce. To put, IL
another way, The countries which al.
ways'buy wheat muat this year buy
SO. .000, 900 bushels, while the countries
that raise more than they consume will
have about 295 million to sell annual.
The international grain market in
Vienna on Monday gave the estimates
Of the yield Of the world, which varied
little from those given. Tho real state
Of the French harvest aesms much
worse than reported Ut Vienna. The
same 10 even moro obviously true Of
England. Yesterdays terrific storm
ended whatever chance remained Of
decent crops in Great Britain. The
English must now import at least 40.
600, 900 bushels. France. next TO "
the greatest wheat producer 10 the
world, has one Of the wont crops ever
reaped. A wesk ago il was estimated
she would need 70 import 5000. 600
now the shortage is put At $1,000. .000aso
What makes the mastsr
worse n that very little If any otsth,s
can be made good BY Algiers, which
tie grasshoppen have decemated,
Germany, Italy and the Nsthsrlanda
must buy moro wheat than usual. We
understand here, that the United States
and Canada are counted on 70. esupply
about lO8. 100000, Rnssia $4,000, COO
India S. 100000 bushels; but .in These
laiter countries thars Il much morg NJ
certainly than in the former. From
Russia, for. instance, come oil sorts. d
reports, latasriy quite unfavorable.
From India il 10 eyen more difficult 70
get the truth. Trained experts here
believe the above figures tolerably
correct. In any case, il these crops
turn out larger than here estimated Tie
daily increasing evidence Of bad quality
and light weight Of the crop in western
Europe will quite balance the gain.
Withsuch a huge deficiency in the
worlds mart, equal to the entire wheat
crop in . good year Of such q country
- Germany, it 10 evident somebody
must cut down tho consumption ol
bread or there will be fierce competition
for possession of the grain markets ou
the continent which have been showing
an almost steady rise for the last ten
days with few fluctuations resultant
upon declines in America.
Al rule prices are higher and i'd
vances are sharper in Paris than else
where. Yesterday London and some
Enslish provincial markets distanced
other spurts by sudden advance d
from six to nine cents per bushel upoG
lest weeks prices. This panic 10 pal
pably due to the storms. The whea
market in England Is still curiousl,
Iparochial affair dependent upon al
sorts Of local conditions aud influences
Liverpool generally follows New Yori
and San Francisco, but London, NOR,
concerned IN the Baltic trsde; Is not x
easily moved by American quotations
Provincial markets, like Leeds, Roches
ester and New Castle on.Tyne, thinl
most Of local crops and demand, heno,
the prices for the past week have bee,
much Affected BY the capricious weather
. bright day frightening buyers an
heavy rain stinening the sellers. Yea
tesday's STORM &C knocked out what re
mained of tlse English crop this can o,
longer be the case. Already We catch
glimpse Of what wheat shortage mean
BY the discovery that broad has gon'
up penny on quarter loaf in man,
parts Of London since Monday. Th'
northern work house authorities hav'
their hands foil with many ysfrsh labos
es, accustomsd to como to Bogiasd.6
harvest. This year they 6nd NO .1worl
and have no means 70 GET home.
What ada TO the sinister sspectof th
outlook y The sad failure q the potat
crop. In many parts Of Esglsnd an
ell along The west coast OF Iseland tbi
/ alone would have msde = lad xinte
here, but combined with dear tbrea'
there is . gloomy enough outlook. On
Of the first results Of the shortage vii
be . vigorous demand:in France ,for
remission Of the import duty on ;whea
on the part Of big towns and serious re
sistance by wheat ra,sing district
where farmers zee no reason why th
tariff should not enable them 10 prof
by the distress Of their brethersn in tn
towns.
The Times also prints many column
of crop reports from oil points in Ii
United states and in An editorial sun
mary ssys United stats will be in : pos
ton to furnish much Of the seventy {
eighty million bushels required 70 me-
'lthe deficiency 10 the. Old wo:ld. II
n