The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-12-26

COVnlh IOI tnO
Zimmerman wheat and -four to other coun-
tries. The quantity Of wheat shipped from
the dual monarchy fell from sZo,'tL ousn-
els per annum during lss6.9O to 3,23z'oiA
bushels per annum during ls9l-so.
The amount Of -four exported to other
countries has also been diminished al
though the Austro.H Hungarian milling IN
dustry has been greatly extended during
the past ten years. According to the oinciai
statistics Of the Ministry of Commerce, the
average shipment per annum In lSsl'So OF
-four made from grain grown within the
dual monarchy was only 504,31o barrels
as compared with ~1,7s2,852 barrels
In 1Ss8.eO. This decline In exporta-
ton manifestly proves that the greater
portion of the millcd product Is being con-
sumed within the monarchy.
Especially striking are the figures OF the
export of native wheat flour from Austria.
Hungary to the United Kingdom OF Great
Britain and Ireland. which in 1891 pur-
chased 379,732 barrels, but which In
1895 took only 1O,O83 barrels. These, we
should bear in mind, are the figures record
cd In the special commerce returns, which
deal only with the -four made from wheat
grown within the monarchy. According to
the returns given, for the so-called finish
ing trade, which has to do with -four made
from wheat grown in neighboring but
foreign countries, including especially Ger
many, Italy, Russia, and Switzerland, the
United Kingdom took of such flour 702,741
barrels in 1895, as against 174,36o bar
rels in 1891. 1t follows that Of late less
than one-eighth Of the flour exported from
Austro. Hungary to the United Kingdom
was made from wheat produced within the
dual monarchy.
OF especial interest to the American pro-
ducers of -four Is the large and increasing
trade In that commodity which Austria
Hungary has established with Brazil. The
average shipments to Brazil during 1891
90, IL we add the returns Of the so-called
finishing trade to those relating to flour
made from native wheat, reached as high
as 110,934 barrels per anuum. 1t appears,
also, that these shipments are rapidly grow
ing in volume, the yearly export having ad-
vanced from 90, 1897 barrels in 1891 to 1885,
All barrels in 1895. In the last named year,,
however, only an ininitesimal fraction
of the flour sent to Brazil was made from
wheat grown within the dualm monarchy.
So much for the normal situation. Dur
ing the present year, on the other hand,
we learn from Mr.. ERNST that, according
to a circular issued by he Budapest Gov
eminent on July Is, the wheat crop of the
Hungarian or Trans-Leithan kingdom will
not amount to more than 102,ss2,00O
bushels. A still later estimate put forth
by the Ministry has placed the probable
production as low as 90, 1s4, 900 bushels,
which would be fully $4,000, 600 bushels
less than the average annual crop of the
last five years. Now, Hungary hitherto
has retained for her w use from
95. 534,O 900 to 11O.231,0 900 bushels; it fol-
lows that, with the crop shrunken to the
dimensions mentioned, 1t would hardly
be possible for her to export any wheat at
all, even If we took int consideration the
possible remnant of from seven to eleven
| The Austrian half of the monarchy, there
fore. which. as we have seen, cannot half
meet its own demands even in normal
| years, will now be obliged to seek consid-
erably more than half Its supplies outside
| of the dual monarchy. Russia and Rouma-
mia will he able to meet only part Of Aus
| trials needs, and the deficit must be made
good from the United States. Argentina,
Canada, India, and Australia. Up to the
present year the quantity of wheat re-
ceived from the United States has been
insignificant. There were no importa-
tions at all reported for 1892 and 1898,
and only small quantities were received in
1s91-95. The largest import recorded pre-.
| uio,alu tn tha nnrrant fwalvappopfh oc.
CURED in 1894, and 1t amounted to only
6,713 bushels.
This year, on the other hand, some salts
factory sales of United States grain have
already been made in Bohemia. On the
LIST Of August, 30, 700 bushels Of red winter
No. 2 and Kansas wheat were bought or
the Vienna Produce Exchange for Bohe
milan cities and mills. On or about Aug
Is. a cargo Of 400 car loads Of American
wheat arrived In Hamburg, destined ex
clusively for Bohemia. Red winter wheat
1t seems, takes the place Of Bohemian
while a good substitute for Hungarian
grain Is found In Kansas wheat.
We learn from Mr.. ERNST that the reason
why American wheat Is bought at the pres
emf time for Bohemia rather thar for an,
other part of the Austrian or Cis-Leithal
kingdom Is to he sought for in the higl
freight rates of the Austrian railway com
panies. If, to-day, American wheat is sol'
as far south as Prague, It Ia because 1t cal
he carried OF the Elbe River as far a
Tetschen-B odenbach. whence It must b
forwarded bv rail. Every rise of a cent O
two, however, In the price Of wheat open
another station toward the south for Amer
lean wheat. 1t is suggested that imports
tions from America into Bohemia would b
larger II American quotations were mad
B out for instant delivery. AS 1t is. the Aus
trian commission merchants are very careful
in regard to their purchases, deeming 1t pc,
sible that a change in the tendency of tn
, market may take place.
A Bold O'DonnelI.
TI--- 800 A. H. n--.-- ~