Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-05-25
Various Wheat Statistics.

The weeks decrease in available wheat stocks
at nearly 100 points of accumulation east OF the
Rocky mountains, as reported to Bradstreet's,
on May 10 was /, 1ss, s63 bushels. about the aver
age weekly decline for the first quarter of the
current calendar year. If the decrease each
week averages about 1000 busn-
els between May 10 and the close of the
cereal year the outlook is for an aggre-
gate stock of available wheat July l, next,
amounting to %, 600 bushels, as compared
with 20, 3Si, 600 bushels July l, 1883 reported
to this iournal), as compared with materially
larger aggregates on like dates in four preceding
years, and as contTasted with about the same
totals on July in 1884 and 1888 respectively. The
outlook now is that our total exports of wheat
land -four as wheai) for the twelve months end
ing June 80, next. viii amount to about ITO, 0OO,-
In the preceding twelve months, an increase OF
20, n1O, 600 bushels this year.
These considerations suggest an interesting
statistical comparison as to wheat stocks, which
may as well be offered for what it is worth.
According TO accepted versions of official re-
ports of the wheat crops of 1889 and 1888, the
former exceeded the latter by about az, 900, 600
bushels. 1t therefore becomes interesting to
trace, if possible, the excess Of wheat pl oduced
ton. hs pointed out in the foregoing,
there is probability that by July !
we shall have exported. 20, 900 900 bushels
more wheat this year than last,' and, as may be
perceived by an examination of our reports of
available stocks on both coasts, the probability
is for an excess of ABOUT 900 bushels avail
able stock July l, 1880, as compared with total
on like date, 1859. Then, if s, 900, 900 bushels
be allowed for increased home consumption for
the current cereal year, as compared with the
year preceding, we arrive at an aggregate OF S5,-
coo, 600 bushels this year more than was consumed
in 1859.
This points to about IS 900. 600 bushels Cot the
$4,000 200 produced in 1SS9inexcess OF 1889 not
consumed at home, exported or to be found in
available stocks AZ principal points of shipment,
which, If the government and our own reports
are approximately accurate, must be contrasted
with the l6, goo, 0OO bushels both in and out of
:: farmers hands, on July l, 1889. We are,
therefore, threatened, apparently, with a stock
Of wheat, visible and invisible" both coasts,
on July OF about 62, 900, 900 bushels, as COM
pared with 49, 900, COO bushels carried over, wis
ible and invisible, 5" July l, 1889.
This is not bull showing, certainly, and is
not one calculated to sustain dollar wheat. The
only thing to be borne in mind in connection
with it is that tits based principally upon the
last two official reports of wheat crops in this
United States. If they are even approximately
accurate, the calculation made above cannot be
very far out of the way. We offer it simply be-
cause we know of no one else among either Off
cial unofficial reporters of wheat statistics
who has Official data to approximately total
stocks and exports down to date to render pos
sible such calculation as to the probable out
come. with Official crop reports as basis
[BrGdstreet's.