Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-07-27
THIN WORLDS SUPPLY
a, yBSlF As CALCULATED By ADVIOsS Oh
aBRADSTRBEI'S,"
n. Ssvsral Sources Combine in Giving This
COauty Over One Hundred Million and
Eai for Exporl-WhSs the
Hons Market Will Be.
Bradslreers.

prospect for Indian exports, more una
yorable rumors as to the condition OF
wheat in Hungary, but improved pros
poets as to the situation in France. To
begin with, it may be recalled that the
St. Petersburg correspondent OF the
London Daily Telegraph sent to his pa
per a very diScOuraging account OF the
outlook for Russian wheat, which was |
reproduced in the New York Times last |
week. Bradstrcet'S at once cabled Beer
bohm's Corn Trade List for the facts,
knowing the editor Of that publication
TO be exceptionally well informed con-
corning European crops, and re-
ceived reply within two
hours, which was promptly sent
ont to the grain trade Of the country,
to the effect that the reports referred
To were exaggerated, and that Russia
would probably export at least 64,OOO,-
600 bushels OF wheat during the cur
rent cereal year. This information
was widely reprinted, sometimes with
credit, but more often without. On
Saturday last Mr.. Charles S. Pillsbury,
the Minneapolis miller, was reported
nv the Associated Press to have re-
ceiyed information from the American
consul at Odessa, Russia, as follows:
The wheat crop is 25 per cent. short,
and the rye crop 90 per cent. short.
Statistics show that the average pro-
duction of rye in Russia is over Co.,
OOO. 600 bushels. Consequently
shortage of 60 per cent. would mean a
deficiency of 360,OO0,OOO bushels.
The average wheat crop IN Russia is
about 200. 600, 600 bushels, and 35 per
cent. shortage would mean deficiency
of so. 600, 600 bushels. The average ex-
ports of wheat from Russia are about
100 coo OCO. This would show q surplus
~ about 50 600, 900 bushels OF wheat for
expOrt. were il not for the immense de-
fcieney of the rye crop. The rye crop
Of Russia has been in the past all con-
sumed nj home. with the exception OF
about so. OOO. 900 bushels per annum,
which is the largest amount ever ex-
ported. Consequently the shortage OF
go Der cent. would mean a deficiency or
ST least zoe. OOO 600 bushels over and
above the quantity usually consumed at
home. or. taking the two crops together,
n would show a deficiency Of 25O,OOO,-
600 bushels. If these figures are even
approximately correct, Russia must be
alarge importer of breadStutfS during
the next season, instead Of being, as in
average years, an exporter nearly eQual
10 the United States.
This. if believed, would constitute an
excessively bulliSh argument, ana IN
consequence BrGdStrecfs ca0led Tor
particulars. receiving in time TO send 10
BRADsTREEr's: The shortage Of Rus
sian rye must curtail exports Of wheat
from that country, but will certainly
not prevent them altogether.
BEERBOHN.
Commenting on the foregoing, the
Toledo Market Record says;
If any reliance can be placed on the
statements as 70 the Russian rye crop,
Mr.. BeerbOhn's wheat export surplus
report may be considered as the outside
quantity. Something may also be con-
coded 10 English sOlicitude as TO bread
supplies and the cost. But suppose the
estimate is correct, it is 81, 900, 600 bush
els less than their export in 1889, and
$1,000. 900 bushels less than ins 1888.
Hard upon the reports giv,n in the
foregoing came the following from the
London Times under date OF July 20,
which, as reported by the New York
EUening Post, was, sin the opinion OF
the trade, Offset" by the cable dis
patches 20 BrUdSreet'S already quoted:
In Russia there is grave deficit; the
peaSantry are starving, and there is
small hope of relief. In India there is
serious anxiety; famine prevails over
a considerable portion of the country.
Madras. Rajputana and the Punjab are
the worst sufferers. There is drought
in BENGAL, and the need Of more rain is
Urgent. Bombay alone promises a good
harvest. The American harvest
will be good in quality aud amount;
hut with the failure of the
Indian and Russian supplies il is of the
utmost Importance that the English
CROP shall not be short. The prospect
on the whole is good. In the chief
wheat counties, Essex, Norfolk and
Snifolk, the crop is above the average,
and IN other counties up to the average.
The harvest will be late and prices
bigb There is, therefore, a good out
Iook for the English farmer to break
the long series Of disastrous years.
The next information from abroad
was that received by the New York Sun
on July %, TO the effect that estimates
~ the wheat crop of the world this year
maize the total requirements OF import
inc countries 405, 900, 900 bushels, and
the surplus of exporting countries 1885,
aoO OOO bushels, a deficit in the worlds
ssnnlv Of so, 900, 900. The requirements
~ foreign wheat of Great Britain are
mt ~ $50. 900. 600; France, 100, 100000;
Italv 4O. 600. 600, and the export sur
nIns ri the United States 154,O0O,OO0;
Tndja % DOC. 900; Russia, $4,000, 900"
TIE absence OF any name back OF
this assertion rendered II OF no Speclai
value. No American newspaper makes
Furopean crop reports on It's own ac-
cord. ard TO render its European crop
news OF significance, an American
newspaper must give a recognized au-
shortly for such statements, as 1t may
mako apdexpect to have received con-
corning AGRICULTURAL yields IN foreign |
countries. The estimates quoted were
said 10 be 'sbased on official ngures,
which would be sufficient il official ng-
ures were available in al instances.
Tiverpool Corn Trade NetcS says II |
would appear that Russian wheat ana
rye have failed in the provinces OF Mos
cow. Faluga, Tula, Orel, Tamo0n, |
Voronesh. Penza, Samara, Saraton, |
Kazan and Viatka, and partly falled IN |
o+bars pnt south and west, where /