Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-23
THE CORN CROP SAFE.
The Warm September Wave Proves
to BE q Godsend to the
CORN GROWERS OF THE WEST.
Great Crops Cannot Fail to Bring Pros
perity in All Lines.
RIO COFFEE PROMISES TO GO LOWER


OFFICE OF PITTSBURG DISPATCH,
TUESDAY, Sept. %.
The warm wave of September has proved
of incalculable advantage to the corn crop
of the country and now the last of the
cereals is safe. Some statisticians estimate
that the hot September weather has been
worth S25, 600, 600 TO the maturing corn crop.
While we are sweltering under the heat, and
grumbling as is our privilege, the farmers
of the great West are happy over the kindly
Providence which postpones the season of
frosts, and gives the last of grain crops the
opportunity to follow in the wake of wheat,
oats, rye fruits and vegetables, and thus
insure the year 1891 to be the best all-round
year for farm and garden products on record
With the immense crop on this continent
comes the news from large sections of ku-
rope that this is a season OF scarcity, and
that our great surplus will all be needed
All signs point to an era OF prosperity as the
result OF our unprecedented crop. \ letter
received from Central Iowa, by one OF our
leading business firms this morning, re-
ports tnat throughout that section, the corn
crop il now ont of all danger,
and this insures an abundance and low price
Of hog products. An old book somewhere
speaks of year of the right hand OF the
Most High"
such a time is the year 1891 when the land
we love mas yielded W lllt
husbandman than any year of our history.
With the plenty here and the scarcity be-
yond the seas, an era of prosperity Is assured
80 our land, and all departments of trade
will, without doubt, share in the farmers
prosperity.
The Coffee Crop.
The crop of Rio coffee has of late been
coming TO the front in quantities even be-
yund the predictions of the most sanguine
believers in the greatness of this years
yield. Until within the past few weeks, un-
der speculative influences or for some un-
known cause, the new crop was withheld
and prices were held up much longer than
general calculations warranted. The drop
did not come until 4 couple of months after
the time predicted. Within the past week
or two the tide has broken over the artifi-
ciAl barriers reared by SPECTATORS, and now
were locked for weeks ago and the down
ward movement is under full headway
Here is what the Boston Herald has to say
of the coffee situation and outlook
The Rio coffee market is decidedly lower
owing TO the very heavy stocks at Rio and
the feeling that there is really an enormous
crop in sight There is now but little ooubt
nlaOng those best posted in the trade that
the time has come for Rio coffe, S to be
lower, after being wonderfully sustained for
several years. The position at Rio certainly
indicates very easy market. The coffee
people there are very anxious for bios, and
are accepting Of BIDS; no matter how low
they are if they are not beyond reasonable
figures. New York advices also indicate a
weak market, with prices on spot coffees OF
at least &c.
The Speculative Situation.
'The New York speculative market was
wired Saturday as steady to 5points decline.
The Rio cables denote a weak market there
The daily Rio cable reports receipts OF 49,
COO bags, with 1900 bags of Santos. The
stock ~ Rio is reported at 345, 900 bags; same
time last year, 200 bags. The weekly
Rio cable quotes the market weak, with eX-
change at l55sd. The daily average of re-
celpts for the week has reached the high
figure OF l7,0OO bags, which goes to show that
coffeeS are pouring in at Rio. The shipments
10 Europe for the week We're 3d. ,0C0 bags and
&c the United States $4,000 bags. The New
York visible supply of coffee is now reported
at 3lSOSl bags: same time year ago, S45 096
bags; same time in 1889 470,510 bags. The
total receipts of Rio coffee OH the crop, that
Is, up TO September Il, have been 0Ss, 600
bags; same time last year, 5g7, 900 bags; same
time in 1889, 495 600 bags
The Java supply is light and is likely to
continue so, and the only feature that miti-
gates the scarcity of Javas is the fact of q
very heavy crop Of Santos coffees."