Evening star. [volume] (Washington, D.C.) 1854-1972, 1897-09-14
GAIN FROM EUROPE'S NEEDS.
Statfsticfnn Hyde Discuss the Whea,
Crops of the WOrld

StanSt1c1nn Hyde lAscusseS the Wheat
Crops of the World.
The complete monthly report of Mr.. John
Hyde, the statistician of the Department
of Agriculture, was issued today. OF the
wheat situation the report states:
High prices for wheat have for several
weeks past been bringing out supplies quite
freely, and increased supplies have, in
turn, reacted upon prices, causing some
decline from the highest figures of August.
The general tenor of the informa ton
CLEANED from all available sources is not,
however, of character to warrant the
expectation or the fear, according as the
matter is regarded from the consumers or
the producers point of view, of any ma
terial cheapening of wheat until another
crop is in sight with prospect of ampler
stocks.
with an annual average European pro-
duct of over L. 2S, 900, 900 bushels during the
six years from 1891 to 1896, inclusive. we
exported an average of 16G,373,S72 bushels
a year This year the European CROP ac-
cording to BroomhalHs Corn Trade News
will. in round numbers, amount to 1920
100000 Winchester bushels, $4,000 OJ
bushels less than the average of the six
years in question. If we make the COM
parison with the figures given by. Beerbohm
for 1897, the deficiency in the European
crop is still greater, the figures. in millions
of bushels, being: Average for 1891, LABS;
crop of 1897, 1875: difference. lib.
THAT is, according to Beerbohm's esti-
mate of this years crop, there is de-
ficiency of 113000,0O0 bushels in European
countries as compared with their average
product for the six years 1S91-1s96-an
average which includes the exceptionally
small crop of 1891. To make up this de-
ficiency 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 a larger quantity than usual
CHI WILL how to- ro ma nr.fh
America, and especially from the United
States, the Canadian contribution being
relatively small. Official returns for On
tario and Manitoba give for these two
provinces an aggregate of 81 ,942 253 BUSH
els. If the Argentine crop shall escape the
ravages of lccusts, it seems likely to turn
out unusually well, and from January
1923, when the bulk of the harvest will be
got i'll in Argentina, that country may have
more or less wheat to export, as the latest
mail advices represent the crop as being in
fine condition, and the weather highly
favorable. There are, however, many
chances of serious damage during the next
three or four months. The latest accounts
from Australia indicate that the drought
from which that country has suffered for
the last two or three seasons has been
good promise throughout most OF the Aus
tralian colonies, but the area was mar
rowed by drought at seeding time, and, as
stocks must be- low, it is not likely that
out of which any great amount can be
spared for expectation. The present high
prices would ordinarily tend to encourage
the sowing of an increased breadth in
India, should the weather be- favorable,
this fall, but any inclination on the part of
the poorer cultivators to take advantage of
such favorable conditions will probably be
in great measure thwarted by the i'm
poverished conditions 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, 1t is evident that there would in
any case, be a demand for larger sur
plus than is to be expected out of this
years crop. II to our average annual ex-
port for the six years 1s02-1S97 we add a
European shortage Of 100000 coo bushels
figured out by Broomhall, we get total of
265 .S73,S72 bushels, and In so far as we
fall short of suppiyingE that quantity.
Europe. as compared with an average year.
must suffer scarcity iHther bread sun
ply, except in SO farz as she can avert It
by drawing on the stocks that may remain
out of previous crops. The worlds re-
serves have. however. Tbeen reduced in con-
sequence of the shorA what crop. of last
year. and a defciencycin some Of the other
important food nropsaw Twill not tend to re-
lieye the tension OF the wheat market"