Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1889-06-21
The Wheat Cton

a most intelligent and veil informed cor
respondent OF the New York Tribune. fin,
nishe' that journal With the article uubr.bs,
oeio". 1t ernbodies very importan, statistic
ana estimates of the las; and the comm,
years crop; and shows that a large .urplu
Is al present indicated. The contribute,
VIII De found valuable and interesting:
wheat exports, net and complete for Ter
months With the Official preliminary for NAV
amount To 81 ,3le,759 bushels. -four ineInd,d
AsAii's' ii"'32i .551 for eleven months Ia.
year Actual exports last year were Iig
'0|'0iE nnsheis, and If the quantity for The
resi- OF ihe year should be the same thu ,nr
p'ns remaining would be 80 500 go bushels
But It 10 not unlikely that export. will proy,
a n,tie larger, as they are for June thu. far
80 mat the Surplus may turn out to be almo.
eh@cy the quantity estimated month
ago, 5o,oD.DOc bushels. Only the jznor
1h' imagine that this means tue entire stock
oil wheat and -four remaining unsold AND
hheonsnmed, for their is abundant evidence
thar the quantity Of -four alone would repre.
sent more than ~, 5O0, 600 bushels Of wheat
The visible supply, now about IL 900 90
bushels will be little less on july ana
the quantity in country elevator, a, 49,
Paeif Coast and in farmers hand. c.nno,
be estimated al les. than 70 OoD 600 which
would make over s. 500 900 bu.hel, nncoo.
sumed, -four included. The ..,prnln.r
means, Of course, excess over III. minimum
stock carried at the last period of creates,
exhaustion, July /. l-.2 which "a, M, "a,
from 30. 900 900 bushels.
With .urutu. ~ L. .Bo fgn
there Is now coming a crop which doe. Ia,
seem likely TO fall far beios 800 Oeo Oao
bushels. Bur, az recent reports Of injury n
Minnesota and parts of the south cause some
uneasiGess. il may be we'll 10 put the e.tima, =
as low a. information thu. far will warrant
Estimates of winter wheat acreage are mr.
certain. and the Department state that il
may exceed last years BY 900 ODo hnt ii .
more common estimate. ALLOW An lncrea-e az
800 900. At the ielh Indicated b. the lime
report of condition, this would mean sbolt
3Is 500 900 bushels, and If the acr, :
age exceeds last wears by DGO 600
a yield of $50 900 900 uu.hel.
The reported increase IN surinv vheat
acreage il Der cent. making Il IA 400
which, at the yield Indicated BY the .Iui
report, would mean ls7 800 900 bushels
The minimum estimate warranted hy tho
official report is therefore 500 900 900 bush
els. The more recent injury does not vet
appear to have been such as To diminish the
yield by 10, 900 900 bushels. but. after tax
ing Of about twice A. much there would Y.t
remain a probable Weld Of 336 900 900 bu.b-
els and, with the probable sarplu, A total
supply Of 524. 500 900 bu.hel. for the com
ing year.
IL should be unnecessary 20 add that a. the
allowance for injury thus far NAV be exce.-
siye, or the actual acreage NAV considerably
exceed estimates 40 there ia vet time for
much greater harm to the crop than has Tins
far appeared. The most that can VET be said
is that nothing now warrants A lower estimate
of total supply for the next year than the
above The population. according To the
most reliable combination. was about "a 292
ISL on January and will be about 65 5-s
i3S nett January. if immiyration reacbe, half
a million for the year. Al the average rate
s. e,.l ,..,.Il A., 40 nan n.,,