The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-08-19
EUR0PES GRAIN FLUTTER
A DECLINE RECORDBD IN THE
BERLIN MARKET

Russia's Prohibitory Ukase The
Cars Opposition to the Measure.
Reforms Needed in Germany-Wheat
TO Be Used for Bread in the Kaiser's
Army.
BERLIN, Aug. 1s.-The grain market
here closed flat last night. but at the opeu.
ing this morning there was a decline in the
prices, and the market was excited. August
rye, which closed yesterday at 257 marks.
opened at a decline of 10 marks 50 pfen-
nige. being quoted at 246 marks pfennige.
September and October delivery, which
closed yesterday at 245 marks, this morning
showed decline of s marks 80
ptennge, the price being 236 marks
80 pfennigs. Wheat for August delivery
opened at 24O marks, decline of marks
from yesterdays closing. September and
October delivery opened at 236 marks, a
decline Of marks 80 pfennige The de-
cline in prices was caused chiefly by the
news OF the governments action in ordering
the substitution of wheat meal for rye in
making bread for the army. There is a
growing belief that the situation has been
exaggerated, and that rapid advance
in prices was not warranted by the facts in
the case.
The liberal press continues increasing
the vehemence of its protests in regard to
the corn duties, painting IN the darkest
colors the dangers attendant upon further
hesitation upon the part OF the government.
The same newspapers declare that the in
dustry Of the country is decaying, and that
wages, in consequence, are declining in
amount on all sides
A NECESSITY FOR REFORM.
The North German Gazette to-day says
hat fIar afN - 49,
ket shows the economic aud political I'M
portance Of a highly developed national
husbandry, making the fatherland indepen-
dent of foreign countries, and proves the
necessity for reform in the grain trade, 80
as to, enable it to more easily supply Ger
many with additional breadstutfs.
MEASURES FOR RELIEF.
ST. PERERsBURG, Aug. 1S.-The Russian
| government Is making an exhaustive in
| quiry into the stock of wheat in the country,
| the prices demanded, and the facilities for
the transportation Of wheat The measures
for relief of the distressed districts include
the building Of canals, barracks, railroads
| paving of streets and planting of forests.
ADOPTED RELUCTANTLY.
It is known that the imperial ukase pro-
hibiting the exportation of rye which
caused so much excitement in the markets
of the world vas not only at first opposed
| by the czar. hut it was also greeted with
| opposition in various other quarters
| La form, this measure was first
| approved by the council of the empire, auC
the restrictions had even wider scope. The
czar rejected this first measure, but finall'
agreed to put in force a measure conhnini
tue prohibition to rye grain and rye meal
! -four and bran, or, in other words. to pro
ducts actually consumed by Russian peas
ants and by russian cattle The statenien
that the imperial measure is political one
is absolutely untrue.
GERMANY TO BE MORE INDEPENDENT.
HAMBURG, Aug. 1S-The Correspondent
semi-official newspaper, announces to-day
that the intention OF the government TO use
wheat IN making bread for the army is nn
| important advance in deliberate policy,
| the object Of which is to make Germany
more independent than hitherto Of foreign
countries in regard to economic interests.
| The Correspondent adds significantly: "Al-
| though the Russian rye prohibition was per-
haps really prompted by bad harvest 1t is
not impossibls that at future date. politi-
| cal reasons might dictate similar measures.
| ovERRATED BY FREE TRADERS.
LONDON, Aug. 18.-rhe Berlin CORES
spondent Of the Times argues that the dan
ger of distress owing TO the advance in
| grain has been greatly overrated by the
| free trade agitators.
The Berlin Reichsdnzetger says that win
ter-sown rye is estimated to produce 81 per
| cent. OF an average harvest.