The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1886-12-04 00:00:00

THE MARKETS,

MARK-LANE.

Busineee at Marlelene has been steady, The sales ot
home grown wheat, in the 13 weeks of the seeson, Lave
been e 49,035 quarters, agaiest e 32,102 quarters lase year,
at en average of bes 11d, against 30s lid per quarter. B rley
945 122 agetiast 1,277,395 quatters, eve age 27s 6d aghast
30s 3d; mid. oats 115,391, aerienst 126,23 e quarters. a, an
average of 17s 7d against 18s 110 p r quarter. English
wheat In good request. at 6d pr quarter advance. For
foreign wheat a fair inquiry, about eu more mot ey. There
was no feature in the ficurn arket, husine s being tolerably
active, at fully previous currencies. The b rley tride
was steady, at late currencies. Oats were a quiet kale,
owing to the large supplies, but were unaltered in alue.
tree was firm, and quite as eear. 143 ptian beans were
an iltered, but other sorts, as well as peas and lentils, rose
tild to Is per quarter. The Magnet wtites as follows—The
steaclit.ess of the wheat trade has bccon 0 MOTO n arked
during the week. An advance of 6d to Is per qr Las taken
place, and it is considered very likely that before this mas
a further improvement will be estAlished. There is less
eagerness just now on ths p irt of holders to re litre, and if
they en be but confirmed in the belief in a higher ,rt nze of
values, the !redo will sente br ught into a sounder condi-
tian. In A merica a healthier tone is reported, with a ten-
dency of prices against the buyee and in Russ''. the leve of
values is fully on u per with those current ere. Sc also
in India the trade is strengthening. The position all round
has certainly improved, but at the same time the inclina-
tion evinced in some quartets to indulge in sanetnue anti
pations as to the fte um level of prices is hirdly wee ra,utetl.
Values certainly have a cisposition to harden, 1 ut that lb
will da so materially unless the prospect for next harvest
should become clouded is quite another matter. There
must be a good deal of grain in farmers hands, as the sales
in the twelve weeks have fa len short of Ist year by 164,0 0
quarters. Again, if the import of wheat and flour since the
commencement of the season has been about 770,000 cut
less than last seafion, that deficiency is mo e than coenter-
balanted by the increase of about 230,000 qutirte-s in the
quantity on passage, besides which the American vieble
supply exceeds that of last 3 ear by sonic 5,010,t / ushels.
It is very clear that if the trade should become much
stronger here heavier supplies would be speedily attracted,
therefore these who talk about a very dectded improvement
would do well to moderate their views unlace they wish to
experience disappointment."
METROPOLITAN CATTLE MARKET.
The cattle trade has been fairly steady. Tliti total
number of °casts was 3260, of which 100 were foreign.
St.otlatad contributed 3), Ireland 1300. Norfolk, Suffolk, and
Essex 150, midland, home, and western counties 2380, and
Canada 40. Sales progressed with more spirit. The general
top quotation was 4s Bd, but some choice kinds weut as high
as 4a 100 per 81b. The total number of sheep in the pat 9
was 9-30, of which 760 were from abroad. The wade was
firm, with prices tending against the buyer. The hest
Downs aid half-breds realised 5s led to 6e per elb. 1,0
calves were offered, and realised full prices, with a quiet
trade: Pigs remained dull and weak 49 Fn dish mile"
cows sold at £l6 to £22 per head. The total imports of
foreign stock into London last week amounted to 12,6 5
head. In the 'corresponding period last year we received
10,487, and in 18.4 821 e head. At Liverpool were received
200 beasts from Baltimore and .75 beasts from Montreal,
and at Sourhampton 4'.) beasts from Jersey and Guernsey.