The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1875-09-21 00:00:00

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BRITISH CORN TRADE.

n''occ.freeessahr:.vreYWheat from the north of
---- -
The market of the 15th inst. in London was the
attractcn on ct es s discouragingei sn
smalle r e seeoffn
coast
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France was offered at 49s to 515, being about equal in
quality, as in price, to Essex samples. No 1 American
wheat was down to 47s to close buyers, and yet
525 was still asked for Canadian Club wheat, whilst
old English white realised up to 56s for a fine sample.
Flour and all other articles were hard to sell at
Monday's rates, except maize, which was steady at
its recent tall. To the fineness of the season for the
past five weeks is ascribed the present discouraging
state of business, for it is supposed that the large
imports would soon get absorbed, if ordinary change-
able weather supported ordinary speculation.
There are now only 26 wheat, I maize, 4 barley,
and 6 bean cargoes arrived and on sale off coast, or
only about half of the numbers recently crowding our
ports of call. The prices are :—For Berdianski,
Marianople wheat, 47s 6d to 48$; Rostoff and Nicolaeff,
465 6d to 47s ; Wallachian, 425; Milwaukee, 475;
Australian and Canadian, 545; American maize, 30s
to 311 ; Taganrog barley, 24s to 245 6d. Buyers of
wheat make offers at about 25 under the above rates.
The existing reductions in wheat, maize, oats, barley,
and beans, have come unexpectedly to most persons.
The imports of wheat and flour into the United
Kingdom continue on a scale of almost unprecedented
magnitude. Last week the arrivals of wheat and flour
were 406,000 qr. an extremely large quantity, although
less by 29,000 qr. than the imports of the previous
week. Of maize the imports were rather short-
-93,002 qr.
The deliveries of British grain, on the other hand,
remain scanty, as compared with previous years. This
year's crop comes in slowly for wheat, and still more
slowly fur oats and barley. Existing demand being
generally restricted, the foreign supplies keep being
poured into the granaries, several of the largest of
which are already almost tilled up.
The wheat acreage for 1875 was 3,342,388, against
3,630,300 in 1874, and 3,490,380 in 1573, or nearly
8 per cent short of 1874, and over 4 per cent less than
in 1873.
The barley acreage Was 2,509,598, against 2,259,987
in 1874, and 2,335,913 in 1873, or 611 increase of 9.7
per cent on 1874, and 7.4 on 1873.
There was no material variation in the acreage of
oat-growing lands. For 1875 the number of acres
sown with oats was 2,664,048; in 1874, 2,594,384 ;
in 1873, 2,676,257. Of potatoes the acreage is rather
larger for 1875 than for either 1873 or 1874, and of
hops is for 1875 3.2 per cent greater than in 1874, and
9.4 per cent greater than in 1573.
The inland markets during the past week have been
quiet in tone. The price of new wheat has been
lowered is (xi to 2s (x.l for samples in inferior condition,
and about Is for samples of good quality. Old wheat
has been quoted at Is to as decline. Barley has been
a very restricted trade, owing to the paucity of offerings,
and the same his been the case as regards oats. The
price of barley ass given way occasionally, the decline
varying from 6d to as per qr. The majority of reports,
however, give barley as steady at maintained prices,
and isolated markets announce a rise. Oats have been
generally dull at mattered rates, but where there have
been even moderate supplies, prices have been reduced
Is, 2s, Or 35, accuiling to condition and quality. In
beans and peas there has been a very limited trade at
old currencies. Flour has been dull like wheat, and
at most markets has been purchasable at a reduction
of is on previous rates. In the Eastern Counties the
price is from 335.
The trade generally appears to be in a state of sus-
pense. "Prices rre now as low as they will be this
side of Christmas,' is an opinion often expressed ; and
on the provincial Exchanges it scarcely seems probable
that currencies, after the deficient harvest of 1875,
must be kept at 5, above the rates which succeeded to
the abundant harvest of 1874.
The course of the great port markets during the
past week has boo very simple; the extraordinary
imports, and the large quantities of grain overdue off
coast, have given grain but one downward direction.
Many merchants have their granaries already full;
and with ships in the putt, and more cargoes daily
expected, sale.. become almost compulsory, and con.
cessions to purchasers a consequent necessity. At the
loot of trade, however, there remains a stock of firm-
ness that must tell on the markets whenever the
supplies abate.
Wheat may be quoted Is cheaper on the week, for
all descriptions, and as for many sorts. Flour also
lower by GI to 9d per barrel, and 91 to is per sack.
Thu quotations of barley are firm occasionally, but as
a rule rather lower, and the same may be said of oats.
Maize has given way another shilling, and now good
American mixed can be bought for 30$ 61 to 31s.
Beans and peas have been dull of sale, and occasion-
ally rather cheaper.
DITELIAL ATIMAGIS.