The sun., 1891-08-02
The Worlds Supply OF Grain.

Aslarge exporters. we are always Interested
in tho condition of the crops throughout the
world. Now that we are engaged in har-
vestinR one OF the largest yields OF grain
ever grown, the price which shall be obtained
for our great surplus will have much to do
in determining whether the business OF the
year shall be more or less profitable The
question ID also important as indicating
the extent and direction OF specie move
ments during the coming twelve months
1t is OF vital importance to every farmer
and every business man that the highest
price Obtainable should be secured for this
surplus; and III order to obtain such price
q correct understanding OF tho exact situa-
tion is necessary. Accordingly we report
the condition of the growing crops tho
world over. as follows.
The winter Of lsoo-9l was exceptional In
ali parts of Europe and Northern Africa. and
in that wide region tho rye and wheat
crops suffered great damage from tho rlgors
oitho season. In much ofContinental Europe
the spring and summer have not been such
rs to repair this damage. oven In a slight
degree. On tho contrary. In most European
countries, the unfavorablo conditions have
been greatly intensified by spring and
0ututuCE LlluL HHNS SIlOWl pcElOtlS VI uD"
normal heat, followed by others Of unusual
cold and killing frosts. to be again followed
by excessive heats and scorching drought, so
that tho crops are now In state that indi-
catas. at the best, but Il rneagre product.
In Great Britain the wheat Is latc and in
many districts thin, with summer heat
much below what is required to mature O
full yield. Conservative English farmers
and largo wheat growers estimate the crop
ut from eight to ten per cent. below an aver
age. which. with the reduced acreage. would
give about 64,00Coco bushels. British im-
ports having Of late averaged about l5a Oc0-
900 bushels. and tho annual additions to the
population augmenting the requirement by
100000 bushels per annum the present
need may be put at IT,, ,0oO. 900 bushels.
The earth frsozing unusuallyearly the last
winter, many OF tho French fields were left
unsown: and this with the fields that were
bare through the winter killing OF the plant,
has left the wheat acreage Of France fully
100000 acres below the average. This
represents loss OF 62.0O0,O0O bushels, while
the remaining 13,5oO.OOO acres are not
likely to produce over 10 per cent. OF an
average yield. Thus We have a loss Of a.
OOU.OO0 bushels. making the crop 13A .OOO.0 600
bushels below the average OF 3l0OCO,0OO
bushels shown during the last decade. The
average imports of France having for ten
years been Sl.0OO.0O0 bushels. the imports
now required would appear to be 165. .OOO, 600.
To this might be added l5OOO.0 900 for the es-
timatod deficit ia The rye crop. which has OF
1ate years averaged rs 900 900 bushels 1t is
alleged, however, that many Of the peasants
having lost their crops have not the means
tobuy bread; and We may assent to this so
far as to Offset the loss OF part OF the rye
crop, leaving the required imports at 1867
100000 bushels of both wheat and rye.
A despatch dated at Berlin, June 80 states
that Government report places the condi-
ton OF the Prussian wheat crop II per cent.
and tho rye crop 25 per cont. below the av-
erage; and as the weather since has not
been such as to indicate any improvement.
and as Prussia produces over half tho wheat
and tve-sixths OF the rye grown In the Ger