The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1892-10-21

THE WHEAT CROP
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latest estimates OF the world 5 crop Of
wheat. most of them being official, show
that the aggregate is not materially dig
ferent from the Preliminary igEllrea given
ia the Star three months sgo- There be-
actually a shortage OF some millions OF
bushels ia the supplies OF the world ac-
c1rtiing to the most reliable figures OF
supply and demand aud the present uu-
parallcled depression in the wheat
trade of the world IS to the stattsticiaus
utterly inexplicg BILE
To the practical business men I'm the
grain trade. however, it IS simply a
question OF pressing present supplies
and Of an entire absence OF any dispose
tiou anywhere in the world 10 buy
wheat ia large quantities for specula-
tive purposes II the figures OF crops
and of requirements are correct the
present depression is certain TO give
way before the end of the cereal year
to buoyaucy and TO advancing prices
Three countries In EuEope-ltaIYs
Spain and Eugtand-have poorer crops
this year than last In the rest the
crops are much better than last year,
though many Of them are not above the
average
France leads, with the greatest i'm
provemenE The French crop, accord
ing to the latest government estimate,
is 800 SOC, 600 bushels of very heavy
wheat, against 214,5OOs 600 bushels last
year. France viii require 40, 600, 600
bushels of foreign wheat The rye crop
is officially computed at GTi655, 800 bush
els, as compared with Sc, S69, 51S bushels
ia 1891.
In Germany the wheat crop is esti-
85, 600, 600 in 1891. The empire will re-
quire supplies from abroad of about
20, 600, 600 bushels The German rye
crop is satisfactory and seems to have
reached 2H5, 600, 600 bushels
The preliminary estimates of the
crop of Austro-Huugary place the total
yield this year at 176, OOO, 600 bushels
against I6S, 600, 600 bushels produced
last year, permitting an expectation of
about s, 200. 600 bushels.
The Balkan peninsula including
Roumania, Bulgaria Turkey in Europe
Bosnia, Servia and Greece, has pro
! duced about $50, 600, 600 bushels, against
III, 100000 bushels last year From
/ these couut ries importing countries exc
pect TO obtain about SIS, 600, 600 bushels
Italy's returns published by the min
[ lister OF agriculture estimate the wheat
/ crop at about ITO, $50, OOOs against 1884,
I 600 600 in 1891. The deficit TO be COW
/ cred by Importation viii be about 3d.
| OO0, 300
/ Russia, according to the latest official
statistics, has a wheat crop which may
/ be estimated at 215, 100000 bushels,
| against IsT, OOC 600 in 1891. The guam
! tity available for expectation will be
not more than go, 600, 600 bushels The
! Russian rye crop appears, according to
/ figures given by the Economist Fran
/ caise, to have yielded 800, 600, 600 bush
/ els. Last years rye crop was 500 600 00-
{ bushels The rye crop of Russia this
/ year ifs 1900, 600 bushels below the av-
erage for eight years past, and as the
I average annual exports of rye for eight
/ years were less than so, 900, 600 bushels
: It is apparent that Russia has this year
hardly enough rye to supply her normal
/ home demand
The English wheat crop this year Is
! not only one of the smallest ever pro-
1 duccd but the quality is uniformly lad.
I The London Times estimate of the
| crop is SO, 325, 600 bushels, against a.
742, OOO bushels last year, "a shortage oi
| IS, Az, 600 bushels Notwithstanding
England's extraordinary imports last
| year, aggregating Us, 600, 600 bushels
she viii nave TO import this year fully
| 165, 600, COO bushels to supply her norma.
demands and to have normal stocks al
the end of the crop year
The crop of Spain, according to the
| Bulletin des Hal!es, is $4,000, 900 bu
I shells. against 20, 900, 600 bushels last
year. Spain and Portugal together
viii require 100000 bushels of for
eign wheat.
The wheat crops of Belgium, HoI
land, Denmark, Switzerland, SwedeI
and Norway, according to the lates
( trade estima tess aggregate 1000 90,
I bushels, against 81, 600, 900 bushels LAS
/ year, and these five countries will nav.
to import SO, 600, 600 bushels of wheat.
If the above figures are correct EUrop,
/ viii have to cross oceans for at leas
22j, 900, 600 bushels of wheat The sur
plus OF India has already been exhaust
ed and her exports have been "a, 600, 90,
/ bushels. From the minor countries o.
the southern hemisphere she vii
not get more than 25, COO, 00
bushels, leaving 1z5, 600 600 bush
els to be supplied from thi
country and Canada. The United
States viii have to supply about %, 600
900 bushels of wheat to the West Iudiel
and TO South American countries e,
that there is demand upon her and he
northern sister for 200, 600, 600 bushels
of wheat Canada can supply $1,000
900 bushels, Can the United States
supply the remaining 1S5, 600 600 bush
elsP
Her crop IS 500, 900, 900 bushels, he
home requirements are $40, 600, GOO bus
els. leaving a surplus of $4,000, OO
bushels.
A Confessed scauadrei.