| Show WHEAT AND COTTON EXPORTS there appears to be quite reasonable assurances of abundant crops 0 cotton and breadstuffs bread stuffs according to figures in the financier and what is equally important of an exportable surplus of both these staples amply sufficient to meet european requirements therefore in all probability the export movement of these products will closely follow the harvest and ba continuous throughout the season at fair prices should such be the case it will contribute to profitable returns of the producer and prevent that speculative manipulation of the markets which is often injurious because 0 its tendency to competition or to divert to other sources ot supply the demand 0 the most important of our cereal crops moreover reasonable uniformity in the price of wheat that is so essential tor the prosperity of I 1 our milling industry will doubtless i be maintained through the competition i of the canadian crop which Is estimated at 90 million bushels this can be made at least to some extent available as was the case last year through importations in bond if manufacturers of flour shall be embarrassed by deficiencies in stocks of the grade of gain most suitable for their purpose it now seems altogether unlikely however that there will be a shortage in supply in any section of the country which cannot be promptly rectified through a restoration of equilibrium in stocks and therefore an reputed consumptive and export demand may be looked for the latest estimates of the wheat yield this season based upon acreage and condition indicate a crop ot more than million bushels and that of winter wheat alone of millions I 1 which is almost equal to the maximum of 45 4 5 millions in the banner crop year of 1801 the record of conditions indicates that the yield is likely to be most abundant in the great wheat stales 0 missouri nebraska indiana ohio kansas illinois pennsylvania texas and michigan the yield of spring grown grain is estimated at nearly bushels the greatest in our history and the statement of condition shows that the most prolific output is expected in tha four states in the extreme northwest it will be seen therefore that the distribution trib ution of the yield as quite general and in none ot the states and territories devoted to wheat culture isi there a as indicated by condition the weather since the reports ot the bureau of agriculture were compiled has been exceedingly favorable for the development of the spring grown wheat with abundant moisture and high temperature almost ideal conditions for rapid growth the harvest of the fall sown wheat is now in progress in the extreme southwest and probably very soon we shall have in ane returns from the field a confirmation fir mation of the estimates of the sea bons eons crop should no unfavorable conditions develop the results la ahe spring wheat ana will probably be fully equal to those which are now estimated ti |
