The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1889-07-25
ALL LOOK TO AMERICA.

England. France and italy Must DEPEND
ON This Country for Their Bread-fso.
cent Reports from Bombay show That
tho Wheat Crop In India r Almost
Failure.
LONDON, July l7.-Monday's weekly re-
port from Bombay by cable settles the fact
that the Indian wheat crop will be no factor
at all in the question OF the worlds food
supply this year. And there Is a sudden and
anxious effort now being r.lade to get at
the facts upon which to base an estimate OF
what the worlds crop will really be like.
number Of the best Informed English
specialists have been seen and they believe
that the situation. n few months hence, will
be fully as baa as 1t was last year. One or
two say they expect It to be worse. OF
course the state Of European crops il still
susceptible to certa0 fluctuations, and
can not be accurately mapped out until tho
annual seed fair at Vienna which. owing to
the general anxiety this year. has been ad-
vanced to August 4. But while climatic
contingencies may injure good crops, they
will be able to do little to improve these ale
ready doomed. and the condition in Dc
tober Is more likely to be worse than bet
| ter.
The demand for wheat in the big pur-
chasing countries of Europe bids fair to
be smaller than usual England and France
promise harvcsts considerably better than
last year Az the fields and stocks now
stand the yield of these two countries II
expected to be 40,OOO,0O0 bushels IN AZ.
cess of that Of last year. Spain will also be
above the average and Italy only triflo
under. Germany, east Of the tenth paral.
lei, Is almost rs good-perhaps tho present
weather will make her quite % good-as
last year. But there the favorable picture
abruptly stops.
| Two great exporting countries, Russia
| and Austro- Hungary. will this year find It
difficult to feed Themselves. Russia. which
had big harvcsts the last two years. and
s.lorced' the market to get rid OF all its
| grain in order to float loans, the last OF
| which was concluded the other day, now
| confrOnts rather serious situation. Her
big granarics, like those Of Odessa, hav0
| never before been so empty Of wheat and
the present crop in many largo districts Is
complete failure
/ The long drouth and then tho cyclonio
storms which destroyed the wheat and oas
prospect III Russia have done the samc for
wheat, rye and barley In Aus.ro-Hungary.
Roumania and Eastern Germany. In short.
though crops west Of tho tenth parallel ar0
quite definitely better than in 1883 this ID
4
/ far more important grain fields cast of that
line.
| England, France and Italy must always
buy SO much grain that the question exact
| " how much they need is not specially Inn
portant, but the failure of big exporting
countries Is serious. considering the col
lapse OF India and the very deficient crops
OF Australia.
1t is now estimated here by experts that
the eastern hemisphere, as whole. Is
worse off than it was year ago at this
time. There is, therefore, almost fearful
interest in what the American crop will be
like. The shortage over here will be SO great
that the market will be more ut the mercy
OF the United States than ever before, and
the next report from the Washington
bureau is eagerly watched for as an indi-
cation Of how severe a squeeze may be ex-
pected During the last few days Russian
wheat has been going up here and panic
is only prevented by tho fact that every
body in America seems so confident