The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-04-01

rIrysp. tho following figures are
Reserve In March, 1897 ,,,s,.,.
~ farmers bands March 1897. ~ S6c ~,
" nl,lis. etc. March, 1871 al M M,
''''o'e s'ock' March. lSf......... H,cOo .0oo
AsEgregAte reserve, March, 1897. .17a oOo Coo
sprnng and winter seeding. ises r., 0o"' ~
Eopd consumption 1891. .siS 90 SSS
In this computation the a,on, oo 600
f r seed Is calculated at one and two.
s LII, bushels per acre and the food con-
sunpuon OF u.Do,VN inhabitants nj four
capita. ~ shhun per
IL Is not improbable that the continuing
ouslness depression, combined with an,
os cnrn mar apundance and cheInness
Usual substitution of the latter grain for
Wheat IN the period hero considered sn
h "at an ,averaSe of four and third
throughout the country may not be too
low. '' Nv. oe .oo
DEMANDS TO BE MET BEFORE July
inc supply of 173ooO,OOO bushels will
nave TO meet, before the crop of 1897 comes
70 re-enforce 1t about the beginning of
SSniy, demands of about 100000 bushels
10, t spr.ng seeing and 10i010,OOO bushels
LOT Iour months food consumption, at ths.
nes anove used. 1t is quite likely, owing
" 'ne increase in the cost of wheat and
~, ru,Iher decrease in that of corn. that
may be still further reduced this season.
pul, taking those amounts as they stand.
Inc n country Is left with supply Of 81, 900
be carried over.
inc exports for March to June inclusive
were last year less than &c. 0oO,O 900 bushels,
ana az tney were for the first nine weeks
or the present year. Notwithstanding the
higher price. 100000 bushels per week less
man Tor the corresponding weeks Of last
year If the same difference holds till
Al ff,t-s h.
be 27,Cp,Oo0 and the stocks remaining on
farms, in mills and visible will Ice hut
Se,Vo.W0 bushels, an exceptionally slender
In any event, The new crop wear will
certainly begin with a nearer approach TO
Slean granarles than the country has
known since 1891.
ENORMOUS PRODUCTION OF CORN
The corn crop of 1896 in the United
states, according to this report exceeded
by more than G per cent that of 1896, the
largest ever before obtained, in spite of a
generally reduced acreage and of a partial
failure of the crop in the South where
scarcely n State raised more than enough
corn for dts own consumption, Texas be-
ing the sorest sufferer. The great in
creases were in the great corn States.
The quality of this crop. however, does
not correspond to its quantity. for bpt
A.S per cent is this year merchantuble,
against ss1 per cent last year; The gen
eral average is reduced somewhat by The
L
low figure reported for Iowa, the largest
producing State. where much of the grain
rotted In the shock. Late rains have also
to answer for much soft corn in other
States.
The farm value Is unprecedently low
The average price of the 1885 sos; GOO bush
against 2s;6 cents last year the lowest
previous figures), giving a total value of
s4o2, $4,000. while the understandable
snss ss een,, at fop pes Of 49, sens
last year is worth in all i6,290,0 coo. The
entire crop comes to s44a, 276o0O, a. figure
less by sil'7sl, 900 than that reported in DE
cembnr.
DEPRESSION IN THE MARKET.
Some diminution of total value is usual
large difference, ga per cent of the price
first reported, is not often encountered
p furrishes a. striking proof of the con-
tinued depression of the corn market. The
low price has induced farmers, particular
~ "a the West, to feed more to cattle
hogs and poultry. Consumption by dis
tilenses Is thought in few States to sus-
tain the demand In some measure.
IAN increased use of the grain for fuel
where other fuel is scarce is also re-
ported; but large amounts are held !, IN
ing better prices. The reported stocks in
producers hands this year d,164ooo,o oo
bushels) are not only Sc per cent greater
1895, but form higher percentage of the
crop. being 81 per cent Of the crop, against
4s.s per cent last year. The proportion sold
beyond county lines is 27.3 per cent
against 21.9 per cent reported in March.
1896. and 1874 per cent in March. 1926 The
highest percentages are given by Ne,
and fourth on the list of producers. Iowa
also exceeds the average In exports of the
producing county.
COMPARATIVE FIGURES ON EX-
PORTS
A table is given at this point showing
exports of corn and corn meal from july
to January in each year since 1855. with
the mean export value for the entire
year. This follows: