The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1892-10-21

Some Interesting Statistics as to the
Worlds VIII eat Crop-Figures From q
Kansas City Paper.
KANSAS CITY, Mo-, Oct 15.-The
latest estimates of the world S crop OF
wheat, most of them being official, show
that the aggregate is not materially diff
ferent from the preliminary figures given
in the Star three months ago. There is
actually shortage of some millions OF
bushels in the supplies of the world ac-
cording to the most reliable figures OF
supply and demand and the present un-
paralleled depression in the wheat
trade of the world is to the statisticians
utterly inexplicable.
To the practical business men in the
grain trade, however, it is simply q
question of pressing present supplies
and of an entire absence of any disposi'
ton anywhere in the world to buy
wheat in large quantities for specula-
tive purposes. If 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 buoyancy and to advancing prices.
Three countries in Europe-Italy,
Spain and England-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
provement. The French crop, accord
ing to the latest government estimate,
is 800, 5Oo,0O0 bushels of very heavy
wheat, against 214, 500, 900 bushels last
year. France will require 10000, 0OO
bushels of foreign wheat The rye crop
is officially computed at 67,675, 500 bush
els, as compared with SO, S69, ,513 bushels
in 1891
In Germany the wheat crop is esti-
mated at 100, 600, 900 bushels, against
S5, ,OOO, 900 in 1891. The empire will re-
quire supplies from abroad of about
20, 900, 900 bushels. The German rye
crop is satisfactory and seems to have
reached 245, 900, 900 bushels.
The preliminary estimates of the
crop of Austro-Huugary place the total
yield this year at 176, 100000 bushels,
against 1863, 8,OOO,O bushels produced
last year, permitting an expectation of
about 100000 bushels
The Balkan peninsula, including
Roumania, Bulgaria, Turkey in Europe,
Bosnia, Servia and Greece, has pro-
duced about 130, 600, 600 bushels, against
III, 900, 900 bushels last year. From
these countries importing countries eX-
pect to obtain about IS, 600, 900 bushels.
Italy's returns published by the min
lister of agriculture estimate the wheat
crop at about 10, $50, 900, against 1884,
600, 600 in 1891. The deficit to be COW
cred by importation will be about 3D.
900, 900.
Russia, according to the latest official
statistics, has wheat crop which may
be estimated at $4,000, 900 bushels
against 1877, 600, 900 in 1891. The guam
tity available for expectation will be
not more than 90, 600, 600 bushels. The
Russian rye crop appears, according to
figures given by the Economist Fran
caise, to have yielded 506, 00O,00 BUSH
els Last years rye crop was 10000, 900
bushels. The rye crop of Russia this
year is "a, 600, 600 bushels below the av-
erage for eight years past, and as the
average annual exports of rye for eight
years were less than so, 900, 900 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-
duced, but the quality is uniformly bad.
The London Times estimate OF tho
crop is Sc. 325. 900 bushels, against a.
742, 900 bushels last year, a shortage of
18,417, 900 bushels. notwithstanding
England's extraordinary imports last
year, aggregating 178, 8,000,000 bushels,
She will have to import this year fully
165, 600, 900 bushels to supply yher normal
demands and to have normal stocks at
the end of the crop year.
The crop of Spain, according to the
Bulletin des Halles, is 66, 600, 900 bu-
shells, against 10000, 900 bushels last
year. Spain and Portugal together
will require $4,000, 900 bushels of for
eign wheat.
The wheat crops of Belgium, Hol-
land, Denmark, Switzerland, Sweden
and Norway, according to the latest
trade estimates. aggregate 30,0oo,OO0
bushels, against $1,000, 900 bushels last
year, and these five countries will have
to import SO, 600, 900 bushels of wheat.
If the above figures are correct Europe
will have to cross oceans for at least
2o5, coo, 900 bushels of wheat The sur
plus of India has already been exhaust
ed and her exports have been "a, 600, 900
bushels. From the minor countries of
the southern hemisphere she will
not get more than 5000, 600
bushels, leaving 175.0OO, 900 BUSH
els to be supplied from this
country and Canada. The United
States will have to supply about 25, 0QO.-
900 bushels of wheat to the West Indies
and to South American countries SO
that there is demand upon her and her
northern sister for 200, 10000 bushels
Of wheat