Berone the Indian wheat trade assumed urge proportions merchants in the East regarded the grain supplies as merely one influence which might affect to some extent the prices of their produce home. But of late years wheat has exercised a wreat influence on the money markets of India, and consequently of the whole East, and therefore the prospects of the article in Europe are of great interest to us. Very full information on the harvests of various comitr and the surphts grain which they will ailable for exportation, has appeared in Bradstrect's, The estimate which that journal makes of the probable a ble surplus of wheat in the United States is 68 millions of husho it says about equal to the probable 2 surplus from that crop of thi It goes on to have 20,000,000 Iishels, and Rowmania and the Turkish Prineipalities 10,000,000 to 12,000,000 bushels. British India. will not probably exceed 3,000,000 shels from Qc 1887, to March Bist, I8ss. W y be secured fr April Ist to August 31st, 1858, will depend upon the output to be harvested in March and il, 1S88.° The prospects for the Austr: 1 wheat crop to be harvested in J SSS, were at latest postal ad ceedingly favour= able as some of the wheat of the 1887 crop, is li d. If the crop of 1888 meets there may be an export ster plus int Australia of 10,000,000 bushels, including reserves of old wheat, The Exyptian wheat crop has not counted for unnich for the last two or three years, sud need not be considered. Chili and the eutine Republic may, possibly, con ributetoward Europe's supply 6,000,000 000,000 Inshels, but the smaller ity is the more probable. The on of C a, with a deficient crop in Ontario and Quebec, will probably require nearly all of the lo surplus of Manite The probable wants of the wheat-importing countries of Burope are: In the United Kingdom, 130,000,000 to 142,000,000 bushels; Holland and Belgiun, about 20,000,000 bushels net; the German empire, 000,000 to 10,000,000 Inshels France, 20,000,000 bushels more or less} Greece, 5,000,000 bushels; Spain and Portuzal, 10,000,000 to 12,000,000 bushels, and Ttaly 15,000,000 20,000,000 bushels; perhaps more. If India and Australia give the supplies of wheat which they are expected to furnish before next Enropea harvest, the surplus productions of some countries and the wants of others will nearly balance each other,
Text read from the printed page and cleaned; old type leaves the occasional error.