New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-09
GREAT EXPORT MOVEMENT IN " "hr-A
HEAVY SHIPMENTS DUE TO THE sHohrA"H IN
MANY COUNTRIES s-MARKETING CORN
MANY COU UNIEftS- NANNY - I-'1
AND COTTON.

MANY OBSERVATION-DISCLOSURES NOi'
AND COTTON.
For many weeks there has been an eN're'heiS
haayv export movement of grain. from both Al
,,,,o ond Pacific ports and there seems 10 De Ho
e,gn VET of a d!minutiOn In It's volume me 'eOo''
week for the current year was the one e'iuIns ~ % o
september T. when the exports aggres"teu "Vo-'OOy
bushels wheat and -four distributed as ioilo"9 >
From Atlantic ports wheat, olSo'o" ~ ousr''s
go 600 bushels; from Pacific ports. t"oV" Dusheis
tn. ,orgast shipments OF wheat from Atlahtic
nor,s in that week were to Antwerp, lV3i'NV ousn-
els There were also shipped 10 fo''eIu''li OF"
COO bushels: TO Liverpool. O6s busheis' 10 nav
e.s 900 bushels and TO Hull, Bristol ana seV'i"
other ports more than one hundred thouS"hu
bushels each The week ended last Saturday nish'
,as also ono of unusually large grain exports FROM
the Atlantic ports there went forward last WIN
33l9 1876 bushels OF wheat ana l,ooJfo pus"o'' "a
-four and from the Pacific ports san fra"oi'oo
and Portland 800 S33 bushes-a total export move
rnent OF over $4,000 bushels Of wheat ana gram
The export of corn. too was very large 4'-','''o
bushels The wheat sent from Atlantic ports last
week went TO many points chiefly III hurop" po'
deaux will get more of 1t than any other port o,
ss2 bushels. Shipments aggregating 41i'@o' puahe'S
uera sent to Liverpool, and Antwerp, Hull Lon
don Ieith Newcastle and Dublin VIII receive nho'e
,han ono hundred thousand bushels each.
A Tribune reporter asked George A. AaorlsKe
agent of the Pillsbury- Washburn Flour Mills 'oh-
nanv whose office Is in the Produce E"chai's'
Building where the scarcity OF pie'us'uH0 III i0'
sign markets. indicated by the present great ex-
norris was most marked. Mr Zabrlshle ahs"eie"
tbat the bulk OF the grain was going TO Germany
Great Britain and the Netherlands, Whlch co"ii-
tries would probably for many years oepehd J."
part although perhaps not 50 largely rs al pres
ent upon the yield Of the United States IL was
in,possible as yet, he continued, to forecast Inc
size Of the European crop At any rate' the'e
would be no wheat there before June Tor nome
consumption The markets here. In MS OPINION
would depend largely upon the stocks abroad ana
upon the Argentine offerings. which wouiu D'1iI "a
progress but which could not De delivered before
February The Argentine crop avaHIoie von hvsbels
but the bulls estimate that iIs effect VIII mo- nG M De
much az six weeks exports from the United States
at the present rate of movement h, oo,,r,,v tn
South Africa Nj zabrskie added. That marke, ket
has In the past been supplied by AuStrhna, oue Ir
australia last year and in 1880 But the harvest
is being gathered in Australia. and IT Is es i,n
mated that she will be able 10 export eight liilo
bushels OF wheat. so the American trace WIN South
Mr.. zabrisRe % says that it is Mr. Pillsburys opn
Ion that ,wo,hirds Of the spring wheat T he mew
crop OF spring wheat viii not be available before
August or September. A..
movement OF wheat from tho farms and country
elevators to Northwestern and Western shptsIhgs pts "
last & County, Il m t29 3 M se 90 Spy IN H So%nd
numbers. less than 1t last year al this time,
ast Saturdays total visible supply being 34S3G.UO
bushels. against 5s,Sl2GJO last year. This strong
statistical feature has much 10 do with the price,
rendering 81 easy with other conditions 50 potent
FOR a bull party. 10 hold up the market.
This shortage In home supplies would have been
ytiil effective, probably had Il not been for
country last Saturday being 100000 bushels In
round numbers. compared with only i7o00o0O bush
els "a year ago.
IL will be seen from the above that the belief
that another year OF good prices is ahead Of
wheat growers ia this country Is based good
reasoning. .
The extra ordinarily favorable conditions as far
as America IS concerned that prevail I'm the wheat
market are ecen also 10 large extent Ia the cotton
trade but wholly For while there is an
unusual shortage OF cotton In the warebouscs a nd
mills OF Europe and an unusual supply of the raw
material here, which II being drawn upon heavily
by the foreign consumers. the Southern cotton
growers. unlike the wheat farmers Of the North
and West. are forced 20 part with their product at
q price welingh the lowest on record. Middllng
upland cotton is selling for about six cents n
pound IN this city. and about 5A cents in New
Orleans. ne greatest cotton.exporting city in the
than last year at this time The European de-
fnand for cotton H. nevertheless greater than Il
was last year, and I, WAS greater last year than
II was the year before Total exports OF American
cotton from September ], when the cotton year be-
gins, up 20 last Friday, had been 270 G35 bales
against 2fE,2H for tho previous season or this
amount Great Britain took l233,3H France 37j 5O8
and the Continent i02e,1i5 bales with this excess