The Grain and Flour Trade [pp. 159-164]

EXPORTS OF IN,DIAN CORN SINCE 1791.
talned prices for nearly a year past, it would seem reasonable to
calculate on a much low-er range of prices for grain of all kinds than
our farmners hare been fiavore(d with (luring the recent fnirine in
Europe. A moderate competition, however, from abroad in the demnalld for bread(-stuffs, may enable them to become sensible of the
ralue of the home market.
The iraportal)ce of the home market for the consiumption of the
grain cro()ps is shown by the follow:ilio estimate ma(le some years
siliee inl the Philadlelpliia Commiiercial List, with regard to the dlisposition of the Awheat crop of 1840, to whlicih wve ad t a similar calculation respecting the crop of 18S46:
1810. 1846.
Bulshels. Bllshels.
Esti,nated w heat crop.....80,00(') o0)....... I 110,0 () 00
Used tbr sed, starcli, &c............75000........ 10,()00 0o()0-)
Con1syeai"d -)r tfoot ini the U. S.....6).50, t)0........ i 000,00()
Expor ted to fotreignl countries 00U........ 011 030)00... 80
Of the Indian corn crop of 1S-16, we estilmate that the 460 millioni bushels raised w-ill have been thus disposed of:
Expot ted to foreign countries.......................... 2000,000 bushels.
Sol(d to and c( InsUnned by no)n-pro(ducers...................1(:),000 0 00
Cotnsuct~lle (oIi thle tarmns an( l(anttiotls of tl) pr., f t(''s lor
llua,an and tin llt fot, seed. c...................... 338 000 000
Ttl.........................................1. 460,000,000
. cal latl.ioon ule, le,oweer. uipon thle i:tis of tlhe Commercial
'List t:r1 tlhe l',st s(,isoii,. wxe a1(liit, is not by tiny ima(rtis a fair one.
T 1 f-'i!gl (tei'.nnl his; ti~(;rels'(l l)tiy-mld n,:astltre mnore than the
blott(, i'rol the tVl slute (lestitutoill lii Lur, [e a hi failure of accusoi-.e(d suipplies. prie at home, too. xvo(uld( operatce to check
coitnis1umtiomi. It stti(nds, to reason, h)ow (, r, from the nature of the
tw-o de mindms, that the one ori-iiatiing at hlioi-e must he mn.yt times
eh s'retcr of tlhe twvo, tlhoui:'h at tie same time the forei,gn mlay
.'ive chtiarat.t~r to Iprices, ii,,l in: gemierail (1Ios.
Thle l o11'' i'it~:' t;tlle wi-ill sio7w the export of Indiuin corn firom the
United Stattes lbr 57 -ecars:
TO'(?AL EXPORTS OF CORN AND CORN iIEALI, FRO)I TIIE IUNITED
STATELS'FRO. 1791 TO 1i47.
re:; r bc~lsh t Corn Bbl. Corn3 Meal.
1!........1..:3,1 6..(;95
1........9;........3. 6I.(05
........1 ( 23,........19.715
1........1.5)5,!)7........ 241 3570
15.......1.93.31345........51245
(........ 11,55........ 510.286
61922,......... 9 25.1,799)
~,'3(8.218 2'31.:211.26)
'qS). 1.......12........ 338. I1 s
SOi}......... (;31,32.8-........ 6(.6
1803. 2.......2,07,9.608........133 t(06
81 801..1,944.873........111.3:27
1805........ 61,0l........11(1,131
1806........06i1,263........108,:3I12
1807.....1,018,721...... 136.460
YXear. ]ushcls (ori ]t]ts. ('orn Mveat
1n08........:21I.538........; 3(!.." I ci
'1809. 5....... 0,15........5;i
151). 1.0.31,2:52. 8,71
1811........ 2,90 50....... 1,17,426
181 2........0.39 999........ )90,S810
1813........1 t; 90........ 5'2,52 i1
1814........ )1,2t........ )26;,438
181..5 83:0 516..,2 6i
1816........,1-i,,14........ 89 1 1
1817........'187,451....1)....6i, -i63
1818........1, 05, 90....1.9. 120.
1819 1,}8, 7.......135,I271
t820........ 5:33,-11...... 146.316
1821........ 607,:.277........131,66)
189'2...... 50}(!9,?8....4...1,18,228
18:23........ 7,19(0341........141.501
18.24...... 779.297. 152,723
163