The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-27
roREIGH MAnkErs.


Copyrighted, 1896. Associated Press.
London. Oct 3--The wheat market and
80 prospects az famine In India still at.
4nct much attention. although some OF
s.1As most influential newspapers do not
1Asfe the feeling which prevails in some
qarters. The Bombay Gazette Of Sep
nmber 10 says the prospects are as had a.
3 Doeetble for grain and cotton. LEADING
Mperts have Informed clients In England
at the crop OF cotton will not exceed g
- - per cent. on average. In Southern
Adla the outlook b moro hopeful. The
Unpiy Of fodder b ample. and II the worst
eomes there II no fear OF recurrence OF
y horrors OF 1s7e. owing TO improved
3n1Way communication. Native astroi.
egers basiug their theories on the tradf
9pea1 observations Of the heavens, state
MT n It rains within ive days famine
M Be- averted. but that later rains win
hi avail.
The Englishman. Of Calcutta. ssptembss
pointing out that scarcity u the same
- famine. says: while 4 number Of
Asaths have occurred ut Bondeiek. Il can.
~ Be stated that . famine II actually
1svatlinG. as stocks are not yet exhaust.
- the dimculty being to compel the deal.
- 20 sell. But pathetic convoy Of starry.
- children. which the bishop Of Naxpus
20 brought from Jubhulpur. proves that
~ resources OF that district are periloua-
near exhausted. For q month mast
meat ana -four have been selling In the
Da&sars and Hourah Calcutta at aunas
~ ser. and rice AZ rates not dreamed Of
ancs the last famine"
me Lucknow Hindossnni says: .~Ths
@oeesion now Is whether the famine win
- only four months or q year. The an.
eumn crop r. sure OF almost an entire tail.
me No amount Of rain can save Il. and
NJ rate OF the spring harvest depends
uoon the rainfall by October ~
the Calcutta Engiiahman has published
letter regarding wheat shipped from
cah1ornia. Tho writer says: "Impcrtine
mould not be left to private parties who,
soved by purely selfish motives. cannot
q expected to exercise philanthropy and
ere not likely TO provide the needy with
cheap wheat. Even x importers are rats.
"a with moderate profit II Is probable
snAt the wheat win be purchased by
wealthy natives. who will not scruple
Keep the price NJ famine rates"
Inc writer proposes that the govern.
Aent shAald undertake 70 provide wheat
- buyfng In the cheapest market. after
eonsult!ng London. Odessa, America and
australia. and then distribute II through
1nfopean agents TO the needy provinces
The Mark Lane Express today says the
ssae IN the price OF wheat II warranted
the situation. adding: 'sft Ia not speca-
@use On the contrary. a speculative
peaf raid Is on foot. The English crop,
which certainly does not exceed T.c 90
quarters, Is stated 20 he e.ooorn and there
re signs that outside Influences are al.
secsed 70 accomplish reaction
fhe Express urges English farmers not
g rush their wheat To market. but TO send
sesween now and Christmas The same
suantl'ies a. were sent during November
ma December. isas stating that American
end Russian farmers are strong holders.
h 1896.
The Mark Lane Express also says: "Ar.
ssSsine Is prevented by heavy fan IN
ne gold premium from selling at 1885
y.iees even II she wished TO DO 10. and
tau's end Australia do not possess the
earn to sell. only two farmers having more
aneat than IN 1875, the Eng;Ishmen and
sae frenchmen. The latter can place oil
sis wheat ct q fair price. and the English
man cannot feed hts counsrymen for six
months. but II he presses the wheat mar
Set when foreign wheat Is scarce. ~ VIII
Seen prices down. California wheat VIII
- arriving freely IN February. ana Ar.
esntsna ehss, Ia March and April"
The Ma Lane Express further ex.
presses the belief tina. the advance N ,hs
ef'cs OF whes. Il due entirely 20 the short.
sSe IN America and Russia. and adds.
ine advance from the lowest point In
august TO the highest point during the
Az week \ English wheat Is So. Aryers-
Una Is 20 s. 81 while Calisorasa IS per-
esns the strongest in point Of holding. 10:
VIII million quarters or Passage 10
4sches sss. an sd.snce % lcss
n conclusion tire Mark Lane Express
AVS .~The situation generally Is healthy.
and q rise was bound 10 come. cnly Ne
esse obtained in October what We could
scarcely have ANTICIPATED before May.
Flour r. f~cns So TO - eeerer. American
very firmly held and is act shipped In
krse quantity. despite the important adj
Nsees'
AZ TIE Rattle ssday wheat opened quiet
and wss offered a, 81 20 81 decline. Later
Was a shade stesdier. bat inactive. Ne
selrs we're reported
The business I'm sheat IN Mark Lase WAS
vefy quiet. and II Was quoted generally
= = lower on the week
Itrradssuns and CrAfns.
Iiverpoo.. Oct E.---lese: wheat
e1os. quiet; demand. peor. No. red
ere.rS. Sc Sd Ne. California - ID Fa-
sases opened steedy win near ans Distant
eostsors ssd higher. closed steady VITA
Vetoser and November s<i lewers ara
ether rcaths a-cAsnxed from saturday.
vescbsr nd Ncve,.soer. - "a. December.
Uen4srv TsA-uary and March. Is SGD.