New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-06-18
POPULAR OBSERVATIONS.
WHEAT.

Last AND THE COMING cRoP-A LARGE
S1ppIus AT PRESENT INDICATED.
Fd.tor OF The Trfbune
g.. wheat exports, net and complete for ten
u. with the official preliminary for May.
"'n 90 a,.0ls.75o bushels, -four included,
&C ,13.3?l,557 for eleven months last year
I.,usl exports last year were l. ouSn'
.nd u the quantity for the rest OF 'e Set snou -
=. the same the surplus rena'ni"s 49, -,
90 zoe. 900 bushels. But II Is ho' uniif - -"
.,norts will prove little hrSer' us 'ney "i0 ~.
Iure thus far, SO that the surplus may Jun ~
a. hs almost exactly the quantity
.no as 500. 900 bushels. Only 'he ~ -.
.1;,e that this means the entire s'o'N u ~
and -four remaining unsoh ana u,'co''u' 20
,here is abundant evidence that tne W." 90 ooo
eour alone would represent more lia' op,.
hnshels Of wheat. The visible supply Nv"
"a 400 900 bushels, will be little iess oA ou' .,
and the quantity in country eie'a' no
Pacific Coast and in farmers hanuo ,;oL ,rnr,d
estimated At less than l2Ooo'ooo' w.. l.,
male over 81. 500, 900 bushels unconsu -
clu6ed The surplus means, VI Io ou;od
ov.r the minimum stock carried d. Inv n;,t ,,.,s
NJ greatest exhaustion, July !,
not far from 100000 bushels -, . l.
with a surplus of Ss5oO'ooo o"Snei'' 49, M 80
uo,,, coming a crop which does no, see m
On "a, below 500, 100000 Dushels. 70 =,
cent retorts Of injury in a'l'iiieoo'' CIV 49, bc
the South cause some uhe's'' i.,,io,
III, ~. the estimate as low as information
wen W Pr .,.ar-,rt Estimates OF winter wheat
mus ~. uncertain, and the Department states
:. ,,oy eycced last years by l,OO0,OOo' OUT
Inv .o common estimates allow an increase oil
.e 900. A. the Weld indicated by the June re-
'oV''o ~ .ordition. this would mean about 3l''-
on ooo hnsbes and, if the acreage eAceeds las'
49,. hr ooo. 900, q yield Of 320,O00,oOO BUSH
~ 1Hs ,eported increase in spring wheat acre
gao. :. nor cent making 49, 900, whlcn, a.
ne ne yieh indicated by the June lcpoIt, w. os,,
tne sSSs- ZOO, 600 bushels. The minimum tS..-
mate warranted BY 1hs o Tna m pSSt' recent in
iore 49, NOT vet appear to have been SuEn as 70
lsIIy;nish the yield by l0,OOO,OOc ouSnedS, n"iS
after taking of about twice as mucH Goo 400 lush
" md with the probable surplus tolai supply
81 sSz Zoo, 600 bushels for the coming At'l tho
IL should be unnecessary 10 uuu li'"v ~
allowance for injury thus lar niG exceed
o.,,mates so there is yet time Tor much err"',,'
harm to the crop than has mus lar ar. ppp"thinG
The most that can yet be saln j. tl.o .mnit,
80 ,.,arrants a lower estimate oil TOTAL supply
To- next wear than the above. The popuIa'lon'
sccording TO the most reliable computation, was
shont 81 800 5S1 on January i anu VIII pc ""pur
AS next January if immigration reaches
hall million for the year A. the average Ss se6 fT oS
sonsnmptiou for food would be o?,Ooo,oOo
bushels and adding seed for 3S million acres,
The total home requirement would be 34e,ooo'ooo
bushels This would leave for export, IN excess
NJ the minimum stock always carried, not less
than rs. OOO, 600 bushels. During the year lust
ending the exports have not been over oS,ooo,ooo
bushels. - /; ,ho
foreign demand The wheat yield in the Pun)aun
sppesrs TO have increased % per cent nut inc loss
In other parts Of India is said to be as great France
reports some damage by storm, but stocks IN
custom houses at the latest report were lO,S9i'-
657 bushels, against 2,4S9,s20 year ago. Ion;
6icting reports come from Russia, hut the Official
are unfavorable The yield in Hungary seems
only moderately good, but accounts from GERMANY
and Italy are favorable. The most that can now
be said is that nothing indicates an increase IN
the foreign demand from SS,O00,0O0 bushels TINS
year to IFS, 600. 900 next gear, and such an IN
crease seems the less probable because 5O,oOo,O0O
bushels of corn have gone out in Sin months
past, against less than 100000 bushels last
year which accounts for decrcas" OF 2O,0oOOOO
10 80 OOO, 900 bushels in the foreign demand Tor
American wheat during only half year
Ney-York June II 1889