Telegram-herald., 1890-02-20
TIE OBSERVER
wHFAr. FL0UK AND BkEAD.

wHEAr. FLOUK And BEEAD-
The seati.sI throughout toe country
continues = sbnofrnzl mild character
aaa a-sr its stimulating Influences
vegetation 5 making TOO rapid strides
for tie season
Tae growing crops A. present look n
exec ent condition. bat they have yet
10 encounter tso of the hardest mOaths
Of tie year.
FoF. ~ gram markets Sre quiet. Ihe
weather seems - average w.ta the
Uu.Eed states. Al the P@r-s Gsain EN-
chanse the attendance or ATE =
reported small. and Oilers FOR wheat
snow httle importance. Prlces have
vared bat little during the past few
weeks. Trade is limited throughout
the country. The latest dispatch from
Bare .oaa says that quletude has
mAskei the grain trade. Business i1
wheat OF slow motion. No imports
our.n the past week
Bele 8m reports continued spring
Ike s1aather, and the le!ds destitute vi
snow The growing cereal crops are
deve' ing more rapidly than desirable.
At Antwerp the tone " the gram
marx 5 ruling quiet, and some reduc-
ton prices are beng granted. Rye
ls aEso easier 10 buy, as we'll as barley
aud oer. Corn has not sold freely, al
though lower prices would have been
tIkel.
Ia Germany the weather has cont.n-
ued mld and Wet with no snow.
Continued warm weather has
stimulated cereal crops too rap
idly, 20 that anticipated irOs :
may cause serious damage u III,
plants. Frankfort reports that, OWN /,
10 continued heavy rains, the OyorIiOW-
ng OF the Rhine Is imminent IN seyeIa.
places, and that about Cologne the
nelds and meadows are already sub
merged. At Berlin, wheat has mann
tanned quiet position. Sellers are
rather slow 70 treat. At Hamburg, the
gram market has remained quiet, but
with 4 ruling firm tendency, owing 10
the prevailing impression that the dc-
tual range of currencies ls fully wal
ranted by the issuc OF the last harvest.
Austria reports the weather rs mann
tanning It's previous mild character, and
that the Danube Is now lce-free, blt
owing to It's abnormal height navlgs
ton Is dangerous, and the river can not
be- safely naWgated before next month
suppOsIng the weather continues mid.
At Vienna wheat displays little
more hrmncss, owing 10 anlmproyed eX-
port and cOnsumptive inquiry.
Hungary reports dull and damp
weather As prevailing, having effected
the melting of snow on the grain fields
However, the crops 10 the present leave
nothing TO bo desired. Wheat has been
freely offered; III fact, quite IN excess
Of the demand.
South Russia reports quiet tone,
under discouraging foreign adylccs.
through the present disparity of prices.
Holders, however, observed a relatively
firm position. How long their attitude
Will be maintained il Is hard to say, but
it IS presumed they VIII eventually
have 10 yield, IN view of the present
accumulation Of stock. The total re
ports of South Russia wheat IN the
present cereal campaign, compared
with two previous periods, are as fol
/ lows: In lSS9-90, 4,S70,3lS quarters
lSSS-S9, 1857 1907 quarters; 1887 SIS,
COOS ,t37 quarters.
From Switzerland advices we learn
that grain supplies have been somewhat
restricted and the wheat has met a
slight improvement IN spite of the very
reserved attitude OF buyers.
1t Is estimated that to produce suffi-
cient TIN plate for home consumption
Will require the employment of al
least 900 directly, and indirectly
800, 900 men. Last year the United
States paid S23, 200, 900 to Great Britain
for timed plate. Protection Will build
up the industry ana keep that money
at home, and 1t Will also cheaper the
product.