Press enter after choosing selection

Commercial

Commercial image
Parent Issue
Day
21
Month
November
Year
1842
Copyright
Public Domain
OCR Text

Trice oí" Wlieut, in Ann Albur, 47 cents, FÍour 3 dollars per barrel. From a c'rcular of G. K. Budd, wheat agent at St. Louis, we gather soine items ef' interest to our wheat grower. The erop of 1839 was 81,823,000 bushels. The erop of 1842 isestimntcd at 1 10260.000 busliels, neing 30 per cent more than that of 1839. The consurnplion of this year is estiniated at fourand a hnlf bushcls perhead, nnd the population at 18,500,000, waking tho consurnpijon of 1842 to arnount to 83,250,000 bushels. Tliis lea ves a surplus of 27,010,000 behels for exportation. In ordinary years the annual import of wheat and flour into Great Britain equnls twenty millions of bushels. One half of this is froin the United States, direct and through tho Canadns, and te.i ïuüiions more, equal to nearly 2,070,000 barrels of flotir, fmds ils way to South America and the Islands of ihe sea. Th' is leaves a balunce ofsix and a half millions, which may go into the whent erop of 1843. without matunally diminishng the price of 1842. The surplus of whctt this year is almost wholly n the western States. That of Ohio is estimatcd at 13 millionB of Imshels, most of which leavcs the State by Canada, B úñalo, and New Orleans. Wheat on the Ohio, in 1820, sold for 20 cents, in 1826 it brought38 eenls ; the discrepency betwoori 20 and 38, while the prices of ench year lacre the same (92 cents) in the Atlantic Cities, may be accounted for by the facilities of steam navigation in 1S2G over ihat of 18S0. The writei thinks that prime wheat in New York will not feil below 90 cents per bushei du nng the present season. At that pricc it can be shipped from St. Louis at 45 cents, but no profit can be made upon i'.. From 1820 to 1311. primo wheat has neve boon lose in Philadclpliio thau 92 cents, equaj to $4,C6 fsr flour.

Article

Subjects
Signal of Liberty
Old News