The herald., 1896-10-15

40, 100000 bushels India 5000. 900; South
America S4,400. 600; Australia 6,40O, 600
bushels; Austria, Hungary, etc, 49,
100000 bushels. Total 3S0,000 900 BUSH
els. Their grand totals for the world
are PLACED at 2.Ssl, ,oso,ooO bushels,
year. Russias ripe thrashings Indicate
an increased yield. Beerhohm estimates
the European consumption at 1,64S, 900, :
600 bushels. crop 1, 100000, 900 bushels,
and deficiency Of the European crop at
23s.00O,0O0 bushels, against 1855, 600, 900 in
1895, and 102, ,0O0, 900 bushels in 1894. Then
prices were the lowest and worlds sup
ply largest ever known. Beerhphm pre-
diets importing countries require 1885,
100000 bushels; that reserve stocks are
at least 40,000,000 bushels less than at
beginning of last season, and estimates
United States may ship 120, ,000, 600 BUSH
els and Russia 100, 900 900 bushels. If the
prices are sufficiently attractive
Exports of provisions since Novem-
Der l. 1895, exceed previous season. The
lessening of stocks in Chicago and the
change of sentiment has made bulls
on provisions where bears existed The
export movement of lard was never
larger. The consumption of provisions
appears to be at maximum point,
while prices still remain near a mini
mum. Low price speculation is in
creasing, with many indications that
higher corn and a broader market will
enhance values and secure handsome
gains to tenacious holders. Packing,
March LIST to October 1st. was 8. 800 600
hogs, against 6,7s5,OOO last year.
A London exchange reports that a
method of keeping fruit on an extensive
scale, so that 1t need not be sold at a
time when markets are glutted, was
tried last autumn by the Armour Pack
ing Company at Chicago. as described
IN foreign office report by Mr.. vansit-
tart. About 15, 600 barrels of apples were
packed in cold storage chamber in the
first week in October and kept at a tenn
perature or 80 degrees, great care being
taken to prevent variation and to main
tain dry atmosphere. These are es-
sential points in the preservation of
fruit, and good ventilation is another
important consideration. In the mid
die of February last the apples were
found to be in perfect condition. This
success suggests q means of meeting one
OF the chief impediments to successful
fruit growing, which is that Of being
compelled to dispose of the whole of
some KIND OF fruit as soon as 1t is ripe,
ana or the greater portion of other
kinds. with the result of creating a gI1t
in the markets.
The American Manufacturer of recent
date says: "The more favorable con-
oltions or the iron and steel trade
noted last week still continue. The i'm
proved feeling is noticeable particular-
ly In pig iron. although it is hardly suf-
ncient to move prices. Our reports this
week show that this approach to a re-
viyal of trade is apparent at nearly all
points. In the eastern markets there is
more pig iron being sold, and holders
refuse to do anything at the present
hgures except for immediate delivery
In Chicago finished products show
nothing new. but there is great inter-
est in pig iron. Southern makers in
that market have advanced their prices
This action of southern furnacemen is
noted at several points. Cleveland re-
ports the past week as the brightest
since the opening of March. At Cincin-
natl the pig iron market shows a much
better tone'