The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1875-10-26 00:00:00

filarkets.

BRITISH CORN TRADE.

Tfichlshaaingnvdc raibacenfnaybawsonmraefilibstensrani:gthfimet
rtferosilizedatspPestothrsberealiattlitklunnetlhya
freshly ploughed land, and whilst the leaves hang late
on the trees and stray swallows may yet be seen, there
are signs of approaching cold at home and abroad.
As harbingers of winter wild geese have often been
remarked, and flights of these birds have lately passed
over Paris as a warning which the Corn Trade should
accept. The exporting countries are in advance of
England in raising value, so that buyers in London
find themselves unable to obtain fresh supplies without
paying for wheat something nearly as above the Mark.
lane quotations. From latest accounts of the maize
crop the imports seem likel7 to be very large, as
besides America, the Danubian districts, Hungary,
and even France appear to have good crops. Former
years have shown that with a large crop of Indian
corn, either in America or the Danubian Provinces,
the one source of supply has been equal to British
demands, so that with several places exporting
maize, value must be, probabably under 305 per

quarter.
The position of malting barley improves as the
season advances, and the growers of the Eastern
Counties find a good demand for their best samples,
which arc thought to compare favourably with the
best samples from abroad; Feeding barley is pentlful
and cheap.
The imports of Wheat and Flour'into the United
Kingdom for the week ending October 16 are
272,c00 qrs., and of maize icia,oco qrs., but this large
bulk is yet considerably under the imports of some
recent weeks.
Experience of several provincial English markets
shows us that the quantity of old wheat in farmer's
hands is considerable, from the number of samples
shown. We have before intimated that such was
the C.25e, but this view was frequently challenged
by experienced dealers, and only time could prove
the fact. The English wheat reserve, like the
French wheat reserve, will steady, we believe,
the markets for the whole winter season, and pre-
vent any speculative and immoderate advance of
price.
The grain cargoes off coast at ports of call are again
increasing in numbers, there being some 30 of wheat,
and is of maize, barley, beans, any rye. Sellers ask
sos to 525 for Marianople and Nicopol wheat, ags for
No. 2 Milwaukic arrived, and sas for white Canadian,
46$ 3d for No. 2 spring American wheat. Maize,
305 to 32: 6d for shipment. These quotations show
"asking prices" quite Is to 31 over the rates of a week
ago.
The markets have gained in strength during the
week, and with the growth of confidence, farmers
have asked advanced rates for most corn staples, but
millers have not, as a rule, succeeded in obtaining
fully a proportionate improvement on flour. This
change for the better in the position of the provincial
trade appears to us at once moderate, and justifiable ,
by natural circumstances. That a good harvest
means cheap wheat, and consequently cheap bread,
while a deficient wheat crop should carry higher
prices, is still a broad, and sufficiently reliable fact,
although foreign!competition in supplying us with grain
from harvests almost always much in excess of the home
wants of these countries, has greatly restricted the
range of value, and, to a considerable extent, dimin-
ished the importance of our own crop.
The course of the Corn trade since August has been
a good illustration of the influences of home and
foreign crops and trade. This year's harvest is
deficient, last year's was abundant, and yet for six or
seven weeks the price of wheat has remained almost
the same as the currencies which followed the fine
wheat crop of 1874. This must be regarded as an
abnormal circumstance, the cause being found in the
extraordinarily large foreign supplies since harvest.
Up till last week wheat and flour have been pouring
into this country at the rate of 60,000 quarters per
diem, and the tendency towards higher prices has
naturally been kept in check. The present rise,
therefore, appears legitimate and fair. Imports are
on the decrease, and indeed if they continued at the
rate they have come in since harvest, we should have
in our granaries by the end of the cereal year
5,000,c00 to 8,000,000 qrs. of superfluous wheat and
flour.
IVIILAO/2.

LNPOIAL

Wisest, Barley.
N 3735, '4.4 4'
41,873 45 42,9621 a
47, 44 64,621 65
12,766 49 66,2271 45
4,524 43 93,2621 a
1,374 42 46.7211 45
4, 41 1 40.6221 44
1,094 41 40,575 43
%al 40 1 41,245 42 1
,187 40 83,31910 42
,719 41 35,431 42
153 41 24,7 42
47 415 20,913 41
41 14,514 41
283 43 10,630 40
44 43 10,455 40
44 43 8,136 41
421 5,170 881
42 2,935 30
42 1, 37
' 42 1 18
1 451 7 36
411 87 36
1 411 341
42 39
' 421 3 92
43 as
44 37
46 8 331
47 15
61 31
531 1 40
61 11 341
63 1 33
62 21 31
143
1,344
9,025
'22,330
P • .032

.1 in. 2 ..I

QM.
4,247
2,257
2,297
4,0135

Feb. -S
:
IS .

—9 7 .
Mar. 0.

April 3.

May

July -9
:

31,171
. 37,971
29,711
--
Sept. 4 .. 31,91'
11
18 . 51.13
October 2 .. 59,12
9.. 59,49
Mx weeks'
average 1

AugUst :
14 .
21 .

403
49 8
47 1
45 11
45 10

U 7

350
357
359
16 4
'ST

U 9

1,104
1,661
3,613
3,166
3,665

I d.
29 7
so 1
29 1
29 12

30 0
29 0
25 9
206
24 11

276

On Thursday, at Bristol, English wheat was in
moderate supply, the samples being much affected by
the weather; the demand was good, at prices unob-
tainable last week. A fair extent of trade was done
in foreign, at an advance of fully Is per quarter.
Indian corn sold to a moderate extent, at last week's
prices. Fine malting barley scarce and dearer; a
good demand for grinding parcels, at an improvement
of 6d per quarter. Black oats, from scarcity, were Gd
per quarter higher ; other descriptions slow and
unaltered in value. Arrivals :—Wheat, foreign,
3,505 qrs ; oats, Irish, 2,14.3 q rs ; barley, Irish, 508
qrs ; maize, foreign, 1,913 qrs ; flour, to sacks coast-
ways, 434 barrels foreign.
WHg? I. d. C d.
Chilian Oregon, wNte 66 0 to 68 psr 4961bS
American, tine spring 61 0 to 53
Ditto, secondary 48 0 to 50
French, red .. 49 0 to 61
Ohirka, Odessa, and Move% soft 47 0 to 40 PP
Berdianski sod Marianople, soil, 00 to 0 PO
English old red sod white 46 0 to 52

42 0 to 0 0

Ditto, new, 'red snd whits
Mauls
English, good to fine malting .. 38 to 45 perimp.qr
French, good to fine malting .. 87 to 40 per 4201bs
Irish, good to fine malting .. 0 to 0 per 4311hs
Danube sod Odessa, grinding .. 25 to 26 per 400th.
Irish and French , henry grinding .. 26 to 23
Osra
Swedish, fin, henry white .. 80 to 31 per 3201bs
Limerick sod other, nes white.. ti to 29
Cork, Wstsrford, old Dina .. 23 to 24 per 104119
Dip., ditto, new ditto 22 to 23