Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1897-09-17
Worlds Yield Of Wheat.


The following, relating to the wheat stu,
alton, is an extract from the complete month
ly report of Mr.. John Hyde, the statist.
clan of the Agricultural Department, issued
on Tuesday:
High prices for wheat have for several
weeks been bringing out supplies quite
freely. Increased supplies have in turn re-
acted upon prices, causing some decline
from the highest figures OF August. The
general tenor of the information CLEANED
of character to warrant any material
cheapening Of wheat until another crop
is in sight, with a prospect Of ample stocks.
"WIth an annual average European pro
duct of over 1 ,42S 100000 bushels during
the six years from 1891 to 1895, inclusive,
we exported an average of 1865 1878 1873 bush
els year. This year the European crop,
according to Broomhall's Corn lrade News,
will, in round numbers, amount to $780,
100000 Winchester bushels, or $4,000, 900
bushels less than the average OF the six
years in question. If We make the compar
ison with the figures given by Beerbohm
for 1897, the deficiency in the European
crop is still greater, the figures being Az
erage for 1s9l-1S96, 1,42S 100000; crop of
1897. 1,315,000000; difference, 113,O00,OO0.
THAT is, according to Beerbohm's esti.
mate of this years crop, there is deficiency
of 100000 bushels in European coun.
tries as compared with their average pro.
duct for the six years, 1891 lS96-an aver.
age which includes the exceptionally small
crop of 1891. To make up this deficiency
little help is to be expected from India
Argentina or Australasia for months to
come, and in so far as Europe will have
to import larger quantity than usual
she will have TO draw it mainly from
North America, aud especially from the
United States, the Canadian contribution
being relatively small.
"Offical returns for Ontario and Mani.
toba give for these two provinces an aggre-
gate of 51,O42 1853 bushels. II the Argen.
tine crop shall escape the ravages of locusts,
1t seems likely to turn out unusually well,
and from January, 1898, when the bulk of
the harvest will be got in in Argentina, that
country may have more or less wheat to
export, rs the latest mail advices represent
the crop as being in fine condition and
weather favorable. There are many chances
of serious damage during the next three or
| four months.
"The latest accounts from Australia in
tn hat Va ich nm
country has suffered for the last two or three
seasons has been broken and that the wheat
crop is giving good promise. But the area
was narrowed by drought at seeding time,
and, as stocks must be low, it is not likely
that, even with full yield, the crop will
be one out of which any great amount can
be spared for expectation. The present
high prices would ordinarily tend To en-
courage the sowing of an increased breadth
in India should the weather prove favor
able this fall but any inclination on the
part of the poorer cultivators to take ad.
vantage of such favorable conditions will
probably be in great measure thwarted
by the impoverished condition in which
they have been left by the famine in the
greater part OF the wheat growing districts.
"But, leaving out Of view the fact that the
burden OF supply for Europe will fall more
largely than usual upon the United States
it is evident that there would, in any case
be a demand for a larger surplus than is to
be expected out of this years crop II, to
our average annual export for six years,
1889 1877 we add European shortage of
$1,000, 900 bushels, figured out by Broom
hall. we get total of 265,373,S72 bushels,
and in 80 lar as we fall short of supplying
that quantity Europe, as compared with an
average year, must suffer a scarcity in her
bread supply, except in 80 far as she can
avert it by drawing on the stocks that may
remain out of previous crops. The worlds
reserves have, however, been reduced 10
consequence Of the short wheat crop OF last
year, and deficiency in some Of the other
important food crops will not tend to re-
lieve the tension of the wheat market"