New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-01-19
WHEAT
THE YEARS YIELD AND HOME CONSUMPTION
HALF YEARS EXPoRTs-PRoBABLE SURPLUS TO
BE CARRIED OVER.

The YEARS YIELD AND HOME CONSUMPTION
HALF YEARS EXPoRTs-PRoBABLE SURPLUS TO
BE CARRIED OVER.
the EdftOr or The Trtbune
SIR: The official report of the Agricultural Bureau
makes last years yield of wheat 45G,32o 900 bushels,
which is scarcely less than the yield for the previous
year There have been some i'll natured criticisms Of
the changes in Bureau estimates since the harvesting
began and the later report is admission that the
earlier figures OF the Bureau most unfortunately
Influenced by the satlonal accounts widely pub
shed in the summer, Of injury to drouth. Yet 1t
Is unjust to forget that the Bureau has all the time
been right than the sther reports, and steadily
insisted that the decline would be very great even
when speculative sensationasts and their stats
tcians calculating a yield of only 400 400
million bushels. The wonderful increase along the
lines Of the railroads In Dakota and other States
and Territories necessarily makes It difficult even for
the Bureau obtain early and accurate information
The largo YIELD with the stock OF As 126 go bush
els brought from tho last crop year. according
my previous estimates, gives aggregate supply
of 5O4 455,07O bushels. The population for the
year without any estimate for immigration from Can
ada, would be g., Sol 146 and the consumption, with
last years allowance for seed would be 1884, ,3l5
bushels. This would leave for export during the en-
tire year III 3ss 655 bushels. 1t is probable that
the home consumption will prove slightly larger rather
than smaller, first. because there is indication
that an Increased acreage will be sown spring wheat
regions included and second because, although the
above estimate OF population exceeds others, official
and unofficial. there IS some reason TO believe that
Canadian immigration has sweled the population jan
uary l. 1855 TO more than 6260OOOO.
The actual exp ports for six months OF the crop year
are now substantially known The complete Official
statement for five months shows net exports OF wheat
and -four equivalent 10 64253,226 bushels OF wheat
against s.. 622 4s6 for the same months in 1856 The
preliminary report for December shows domestic OK
ports of 900 3I6 bushels of wheat and s36 bar
rels Of -four. making the aggregate for SIX months
"a Ga sO4 bushels OF wheat, against 77s4932o Tor
The same mo1ths last year The exports turing me
as half of the last crop year amounted 10 1ooOoo43
bushels Of wheat. but the quantity remaining TOT eN
mort this year after deducting actual exports 10 Jan
nary l. appears to be 07.134, s51 bushels NJ eA-
uIained the consumption may prove a little larger
and the surplus remaining therefore little snhahcr
than this estimate, but the difference cannot De ma
teral II Is therefore probable that more thah
600 600 bus Of wheat VIII DO carried over al tc
end of the present crop year either as wheat OF ID o
form of -four unless the foreign demand during tnc
six months ending June 30 should prove much IN eA
cess OF the demand for the same months las, va
To those acquainted with foreign statistics OF SUPPLY
il need not be said that there IS at present no II
ton Of such increase
Ner York, Jan. Is, 1888.