The herald., 1896-10-29
MARKETS OF THE WORLD
Local, Eastern and Foreign
Commercial Dealings
WALL STREET SPECULATION
Wheat Trade Notes From All Parts of
the World
foreign Trade for September and fer Ten
Months Compared With Similar
Period a Year Ago

Indian shipments since April 1st have
been 3440 900 bushels, against 15 424 900 bus h.
els; Argentine shipments have been II, ,436, :
wv pushels since January 1st against 35-
ooo'ooo pushels last year; Australian ship
ments since August, 1895, have been SIG
nlhcant. All three countries are now i'm
porting instead of exporting at a rate of
ABOUT 10 or so millions a wear. Buenos
Ayres reports locuSts .dstroyinfg their
crop. Inc hungarian minister estimates
me russian crop as $4,000, 900 less than 1885,
snort, ihe American crop $1,000. 600 short.
the Italian crop 5O,O00,0CO short. or n
shortage for these four exporting countries
OIL BhooooO oO0 bushels. Black sea shipments
continue large; freight rates there have
Zen advanced from about ~ pence to 3
peo III LohUon. Atlantic ocean freight
10 are urn at about IL cents per bushe!
~ LONDON, against 2 cents last summer.
ror January shipment the rate is abont
oIS oT cents 10 London. London reports pur
Ip.aS;sss OF a number of cargoes on the
inaia aIic to coast raio for immediate shipment TO
triat inta " relieVe the famine stricken dis
ericts. The London Times reports 20 or A
i;a1s8es ;sa ee bought in North and South Amer
Trade fer rai,pti rsnii,pmient to Indiana. The Daily
PIE PIE ,Wheat supply October 1st was Isl 272' 900
Sr heis against 176 CSC, 900 October 1st 1896,
smallest since efsase 1sae has has recently been the
pi,edicts I1,i ct the visible in Russia and America
VIII show large decrease this season and
out Of tbs fi%erent isqe ert wants cannot be met
worlds corn is the smallest since ce e19i' 1sgo
nerit,s r u.ittish markets appear to keep above our
stantiy advjyse% dHy Spth n an@ since we have con-
thtiieh thie ID, forecast of the news contained in
sirs sino. letter. SILVER has declined points
about about a59gaST 8 nnInt 9Th NJ and wheat advanced
dniI. fhGn on both sides of the ocean predict
doi,ar don oo ,V ,Mneat before Christmas. A Lon
inr uH .Rse cRpie + reports English merchants say
tnS rise IS Que to actual and pressing de-
mand consequent on probable shortare.
THE The most striking feature of the prejm-
otates Tor September and the nine months
enolhg herewith, is the excess of exnorts
for ef sanPeS siportS SO OF merchandise. The exports
Wohlch on noh represents an increase of over AZ
~ ;nV.oVo as compared with the correspond
g thge mGnth nipar h of last year. The imports on
Wnlch sXa nch represents a decrease of nearly sI4
90o,Oc9 as compared with September IS95
ddoF dutvIfra 31tn months the dutiable exceed the
amounting last month to over 81. 900 O(sO a g
Ison compared with over "a. 100 900 in September
excess exec ine oTer exports It's last month showed an
1tI,ss9' ' whereas ip.-September. 1895, the i'm
pprts showed an excess of SC. .765. .257 over
~ ofe Tx +fhHp0r1sa 1 The feature in the movement
~ tne precious metals was the excess of
imports over exports of gold for the month,
an an excess which amounted to s34. .Oss. $50,
as compared with an excess of exports
sslmsSSH1naIng Gda In n September Of last year to
With VII September the exports of merchans
r,se rase We're valued at $685. 029, 1885, which rep
resented an increase Of over S10S. 100 OOO a c
compared % with the corresponding period
or 1870. The imports. on the other hand,
were sen,s valued at s522 IA! which repre-
pared with the corresponding period OF last
year During both periods the dutiahie
goods exceeded those free of duty. the
excess cess AMOUNTING to over s45 600 900, in nine
months ms III of 1896. as compared with nearly
SSl, $4,000 in nine months. of 1896. There
amountns to si4s 81 s eSpGrts J or tbs oyer imports
Just ended; whereas in the corresponding
nine nine months Of last year the imports ex,
ceets ceeded L. the he, exports by s4s,1l5e7S The ex-
to $55.570421. which represents a decrease
OF over $1,000 900 as compared with the
corresponding period of 1895. The imports.
on the other hand amounted to s64 SIS. .s56
which represents an increase of over SAG. :
OOO 600 as compared with the corresponding
pnfiou xces OF iast @ year The imports showed
the nine months just ended, as compared
With an excess of exports amounting to
si4, 35oS43 in nine months of 1895.