The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1874-09-29 00:00:00

illaritrts.

BRITISH CORN TRADE.

Those holders and growers of wheat who looked for
a inoderate recovery in the price to which it fell
immediately after harvest, are feeling disappointed in
the past week's trade, which has mostly favoured
buyers, especially in country markets, to which liberal
supplies have been brought. We believe we shall
rightly interpret the general impression in recording
that the continued experience in threshing out wheat
this season increas.a the estimate of its yield, so that
the 'mat opinions are now reckoned the most accurate.
At present the value of wheat is formed chiefly on the
basis of the English crop, as imports from abroad have
not been excessive, nor are the prices in foreign
markets lower than those of the United Kingdom.
Thus, during the last few days, the tendency of prices
to mask in London and elsewhere, is a direction taken
from natural cAtisci, and must be received accordingly,
with serious attention. However, there are many
large buyers who consider value is now really low, and
du not look for any further important decline at
present. At this time of the year various public
contracts are usually nude, to supply to the occupants
of barracks, workhouses and charities, Ecc., bread and
flour for the six winter months. Such contracts are at
present being accepted at about 355. to 345. per sack
of 2SOIII. a price at which flour can very well now be
made with wheat at 435. to 48s. per ilr. The above
fact is an indication that prices are not expected to
increase, and thus our recommendations of last week
to growers may be repeated, to quietly and steadily
market their new wheat ; in fact, this is being done, as
the official return of sales 11lade testifies.

There k also a growing distsusition to bring barley
to market. which is only the usual and natural course
of the farmer in the autumn when the malting recom-
mence.. Apparently this year's barley crop is more
quickly available than usual, from the fine time of
harvest, and the weekly sales now amount to a larger
bulk than u•ual. Value as a result is lower than it
was a fortnight ago, but not to any veva extmt, whilst
French malting barley is, undoubtedly, recovering
from its late depression in response to a very general
demand.

The gmeral value of oats remains unchanged. and
maize keeps in retail at the 365. per qr. which height
It reached last week—this price is off the stands in
Mark-Lane—and for cargoes the holders arc asking a
considerable advance. . .

..-..„.
Foreign grinding barley is on offer at somewhat
reduced rates, there being several shipments f.olu
ports t. 2-4 of Gibraltar.
Beans and l't=s maintain a firm position. The
course of the markets, as indicated by the above
remarks, has been for the last few days in favour of
buyers of wheat and flour.
tin Wednesday, in Mark-Lane, trade was depressed
Monday's rates being asked, but they were realised
slowly, and some sellers allowed reduction on wheat,
malt and oats ; the open and moist weather, favourable
to a late supply of green feeding, reduces the other'
wise strong tendency of value for oats and other cattle
ad stock com.