Telegram-herald., 1889-10-06
TheObSerVer


wnEATs FLOUR AID BEEAD.
seldom IS shsfe such a greaE diversity
II opnl0u as - the 1orld's supply of
wheat ~ Ne had ~ the present time
al4d tnere are ~ many coltrad ctory
reports Sc 4noat that none can be re-
glgoed a. reliable. AltA0usa our gran
-Deca-ztoEs are constantly receiving IT,
fafnlalqn tFom private sources, stlli
they seem o. be m doubt as to the
amount Of the worlds supply. Last
y ar they gave credeace u the early
reports 0t shortages, and the prce was
pusnel up too b ga f0g export, ami
s3iaous " the milling Interests, SO tbs
year they age gong slow.
Sc ls reported nat Russia has a large
s4pp-y of Old wheat. aud tie reports OF
q poor cfoF sent 0ut from that country
age ul4ae H. taa hops VI selling the re-
serves - hlgn ngufe. There Is little
doubt that Ru.sls's crop il less than
Z. . tae fWo preceding years, but Il Is
a1l probable that the shortage IS a.
great AS they have been reported.
Estimates recently made ia England
place hel requirements at $4,000 00O
bushels, France AZ ID OO0 900 bushels,
4nd Belgium, Holland and Germany at
100000 bushels. These Two last esti-
mates are believed ~ many % o.
nucu Too small. Frances average net
imports ~ wheat and -four Tor the last
-rn years have been 4t,0U0, COO bushels,
ailt u d, uQt kelly 20 fall below 30 90,
0uV bushels this year. Crops ia Bel
gum, holland aud Germany were
pood, and they VIII need at least as
mncn AZ France.
Neither India nor Russia Will have a
mU-h tO spare Western Europe a. las,
yea, o- thl- there I- uO doubt. Then,
uH, tlc crops OF Western Europe DO
Dot greatly exceed those of last year,
- % Is quite ey dent that the United
states VIII be- called upon for much
mOgv wheat and flour than for the past
crop year. At present English crop ex-
perts are counting on THIS country Tor
l20091 900 bushels.
Whether We can spare that much tC
Europe remains 20 be- seen. We have
heen shipping considerable OF late to
Australia aud South America, and
waen the new crops came America
visible supply was very small, and dur
ing the tirst three months of the pres
cut crop year II has only increased
about :, ,304 600 bushels.
At present Austro-Hungary is not
counted on for any export wheat
Iadia for only 1900 900 and Russia for
/ SS,0l0,0oO bushels. There Is little
chance tor wheat going below present
| prices, but the chances are IN favor OF
gOm-up.
our wheat exporters should cease
/ sending wheat abroad that has been
/ deteriorated by IN king unstable, dam
aged stuff with IL. In fact they should
+ he prob b.ted by law, their work j,
| damaging TO the wheat and flour trade
I Ot the United States. These mixer,
have already seriously injured the rep
I utatiOu of our wheat and -four abroad
/ and IN a great measure decreased tn
/ foreign demand, At "A recent meeting
/ OF the National Association OF British
I and IRISH mlllers very good remedy
was recommended for this evil. Itwa,
| that arrangement be made for securing
! wheat directly from the interior, in
stead OF through the hands of the reg
! uiar exporters. If our exporters wish
% continue in the business they should
deal fairly and squarely with their Gus
TONERS, and thus protect Americas ag
/ lcg.tuial industries.
The latest hsh story comes from
stAld Philadelphia. Eels came down
T the Delaware river so thick and fas
/ that they cloCged the water-wheels OF
a mill. When the eel emigration haC
ceased 1t was found necessary to chog
the FISH out of the wheels with axes
/ Philadelphia doesn't say much, but
when she does speak she tells an attract
[ i've story.