The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1889-04-26
sxxTTLE. FHIDAr. ArHn
THE WHEAT OUTLOOK.

The latest reports from Australia
viii prose interesting 70 the wheat
growers CT Washington territory. As
we'd az 10 10 those vho deal in that
cereal and have bought in the hope OF
finding = strong foreign market. The
yield for the season In New South
Wales was about $4,000 bushels.
while the consumption and seed rc-
quirements are together placed ~
q, 100 COO bushels, leaving deficiency
OF G,sn90o bushels. IN Queensland
the production of wheat amounted to
only iol, 90 bushels, thus leaving the
entire supply for seed and consump-
ton 10 be imported, and this amounts
practically 10 100000 bushels short
age. Tasmani= will require 10000
bushels. thus making the deficiencies
oil these three colonies foot up TO $ So
900 bushels In Victoria the crop Is
said 10 equal 4. $4,000 Bushels. which.
II the reauifemenis for seed and con-
sumption are suhsrseted. viii leave
about $50 900 bushels for EXPORT. OF
this amount 10000 bushels have al
ready been sent to England. leaving
only $4,000 bushels available.
south Australia will In measure
make up for This deficit. however,
there haying been raised IN that conn-
try [, 40. COO bushels. OF this 3. SCI. coo
bushels sre required for seed and con.
sumption. leaving surplus OF 2,7oo,-
600 bushels. Five hundred thousand
bushels have been shipped 10 Europe.
leaving really surplus Of only 100
600 bushels. New Zealand shows a
splendid crop. $4,000 acres having
been planted 90 wheat. with harvest
ing OF nearly II 10000 bushels. The
amount required for seed and con-
sumption ia that country will reach
800 coo bushels. leaving an available
surplus In New Zealand Of q 200 900
bushels. These figures, therefore,
show q deficiency in New South
waies. Qaeensland aud Tasmania OF
s,7so 900 hnshels. and surplus in
Victoria. south Australia and New
Zealand Of 9.501 coo bushels. or only
Too .gls more than the def
cheney IN the three other colonies.
Contracts have ALREADY been entsrcd
into for tho further shipment from
Victoria. South Australia ard New
Zealand Of considerable quantity OF
wheat. and. as South Africa has been
locking 10 the colonies for something
like s.so0ts0 bashals, il would seem
probable that the supply viii hardly
cqusl the demand. and that further
supplies must Ne looked for in otter
countries. In TACT. there has already
been considerable excitement In the
wheat market az Melbourne. six shii.
hngs huahei having been offered
The crops IN France, Germany and
the low countries we're partial fail
ares, and that in Russia i said 10
have been Car below he average, The
amount to be drawn from India. there
fore. will be unusually large, bat as
that country is from thirty to forty
days voyage from England. As against
eight Or ten days FROM the United
States, II wsaid appear that the latter
country bad some advantages in en-
tsfing the field rs competitor. Our
wheat crop last year was isb3w the
average. however. and Ssatistieians
place tho amount fer export at less
than ipoero eco bushels. Last year
we exported oi wheat and -four 70
England alone more than half that
amount. and With the decreased acre.
age IN England. and he shortage on
the Continent and in Australia. il
would seem that there Is probability
of American wheat commanding !
good figure abroad. During the win.
ter the ilesr market waS gluttesi - d
result ci excessive grinding in the
large mills daring The fall. The
supply 81 -four viii he exhausted
however. and the increase oatpai
from the miils will in consequence
mean sh% consumption q more or less
og the surplus whess and an alto.
gether stronger market for that cereal
throughout the country. With eu,
short erops and With a harvest IN Al
the ethef countries, except India. no,
ap 80 she average, the pfosrecs would
appear 10 t. seed for Pacific coas,
wheaf bs'sHs disposed % al pro6ial,ls
tiraEv
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