New-York tribune., 1898-12-17
WHEAT AND CORN.

The outgo of wheat and Of corn also Is rum
ming remarkably close to that OF last year.
The official report for November shows exports
of wheat and -four amounting to 244oo4oo
bushels. In only one month last year was TINS
quantity slightly exceedcd-in September Win
pxports of 26O1JG34 bushels. Only two other
months in the record CT many years. and PROB
ably in the whole history Of the country, nave
exceeded "a 600 600 bushels-August, 1871, lead
ing with 2G,2I7 ,6s2 bushels. and September,
1890. closely following with 23.19' ,OSO bushels
These three months only have surpassed NO
vember. and while February and OCTOBER also
had shown exports Of more than 2ooooooo
bushels, these were fairly matched by NoVem-
Der and December, 1891 and by three other
months In the entire record prior to last year
namely. January and October, 1892. and August,
1898. The last four months OF 1S9' showed
exports surprising 21,OO0,OO0 bushels each honr
,ncluded but December contributed only H.
400 7s5 bushels. and this month seems likely
to rival It.
Tn the fiyc months ending with November
the net exports for four and the preliminary
exnorts for the fifth amounted to 973o313
bushels. against 9S,0S4,919 bushels last year,
-four included for both years. and diHerence
Of n little over 100000 bushels Is especially
worthy Of notice because. except IN the iast
half Of 1891, last years movement has never
been eoualed Ii amounted to 12ol3of5
bushels in the six months. against ~ 1854
bushels in the same six months OF 1891 Inc
final figures for last year here used were larger
than the preliminary, including foreign exports
less imports But the differences are too small
70 affect the important fact that wheat mas
been going out this half-year about as largely
az in the last half Of 1897, when the loss or
crons abroad was almost unprecedented ana
nevertheless the outgO Of corn has been well
maintained For the net exports OF corn TOT
four months and the domestic exports for the
fifth. Including meal, were G4.42S.I11 bushels
IN the Ave months ending with November
AGAINST 67377 OOS bushels last year.
The wheat exports have been much smaller
IN value. because Of the continuing dlHerence
in price. amounting to 20 cents or more corn
hepon the half-year nearly cents higher IMAM
in 1897. and has been most OF the time consld-
crably higher-now about cents-but the gaih
was not large enough to nearly balance the
loss on wheat. It Is growing more remarkapie
with every month that such quantity OF corn
"a taken for foreign consumption, at price
considerably higher than was paid last year.
whom the extraordinary movement was regard
~
od ne natural only because OF the extreme
scarcity of wheat, which was also far above
twice the price of corn at our Atlantic ports
But that nearly as much should be taken with
foreign wheat crops very much larger ana
wheat here much cheaper, while corn Is dear
pr. appears to indicate that the enforced use
OF the American grain for food OF men ana AM
mails during the prolonged trials or last year
e., Euroneon countries proved so satisfactory
+hot corn "a now and Is likely TO be extensively
nreferred TO Other food formerly used. Should
this preference continue 1t Will materialiy
stimulate corn production In this country when
hos bcen in measure restricted by the want
Of adequate demand except for feeding and
th.+ demand in turn has been limited by the
unsettled price of meats 1t would mean
GOOD many millions to American farmers II
srch demand for corn as has been seen 'his
wear and last should become customary.