The Sun.
London, England, 1870-08-02 00:00:00

MARKETS.

LONDON CORN EXCHANGE, MONDAY.—At Mark-lane, this
morning, the receipts of wheat from Essex and Kent were
limited. The arrival of new samples was delayed by the rain.
Although business was by no means brisk, the trade was firm, at
an advance of ls. per quarter. A similar improvement took
place in the value of foreign wheat, for which there was a mode-
rate demand. The supply of barley was moderate. The trade
was firm, at full currencies. Malt sold slowly, on former terms.
Oats were in request, at improving prices. Beans and peas were
quite as dear, and maize realised rather more money. Flour was
inactive.

METROPOLITAN CATTLE MARKET, MONDAY. —The prin-
cipal feature in the market to-day was the heavy arrivals of
beasts from abroad, foreign graziers anticipating the restric-
tions likely to be imposed on the shipments of stock from the
continent. From our own grazing districts the arrivals have
been on a full average scale. The trade has been
dull, and prices have receded 4d. per 81bs. For the best
Scots and crosses, 4s. 100. to 6s. per 81bs. has been paid. Sheep
the supply of which has been good, have been in limited request
at drooping prices. Lambs have been sold slowly, and the in-
quiry for calves, as well as pigs, has been limited. Beasts have
sold at fi om 2s. 10d. to ss. Od. ; sheep, 3s. 4d. to ss. 6d. ; lambs,
6s. 4d. to 6s. Bd. ; calves, 3s. 10d. to ss. 6d. ; and pigs, 4s. 6d. to
ss. Bd. per 8 lbs. to sink the offal. Total supplies :—Beasts,
4,850 ; sheep and lambs, 27,540 ; calves, 245 ; and pigs, 240.
Foreign :—Beasts, 2,060 ; sheep and lambs, 9,000 ; calves, 230 ;
and pigs, 45.

LIVERPOOL CATTLE MARKET, MONDAY.—The supply of
cattle at this market to-day was about the same, but of sheep
and lambs larger than last Monday. The demand was very
good for each, at rather higher prices. Prime cattle and sheep
were scarce. Beef, 6d., to Bd. per lb.; mutton, 70. to Bd.
per lb. ; lamb, 70. to Bd. per lb. There were at the market
1,848 cattle, and 13,317 sheep.
METROPOLITAN MEAT MARKET, MONDAY.—The supply
of meat has been moderate. The trade has been dull, as follows :
—Beef, from 3s. to 4s. 10d. ; mutton, 3s. Bd. to Is. ; lamb, ss. 4d.
to 6s. ; veal, 4s. Bd. to sd. ; and pork, 3s. 4d. to Is. per 81bs. by
the carcase.

LONDON TRADE REPORT, MONDAY.—The tallow market
has ruled quiet, at 455. 6d. for Y.C. on the spot. Town tallow
435. 3d. nett cash. Oils steady.

LONDON COLONIAL PRODUCE MARKET, MONDAY.—
Sugar has met with little inquiry to-day, but rates are unchanged
for both raw and refined goods. Coffee has remained very flat,
and the quotations shew no recovery. Spices are quiet and
unchanged, and the general aspect of the market is dull.
LIVERPOOL STOCK EXCHANGE, MONDAY.--, The Ex-
change is firm and quiet to-day. There is very little doing.
Railways—Caledonians, 891 to 891 ; London and North-Western,
1221 to 12'31; Sheffield, 40 to 414 ; Lancashire and Yorkshire, 1274
to 1281 ; Midland, 122 to 123 ; Metropolitan, 65 to 66; Great
Western, 624 to 631 • Great Eastern, 311 to 314 ; Illinois, par 1 ;
Eries, 151 to 154 ; Great Northern A, 120 to 121 ; Great Luxem-
bourg, 94 to 94; Berwick, 132 to 1341 ; 5-20 United States bonds,
824 to 831.
GLASGOW STOCK EXCHANGE, MONDAY.—Railways : Cale-
donian, 731; North Eastern Consolidated, 131; Great Western,
63 ; South Eastern, 66; Brighton, 344 ; Western of Canada, 13 ;
Metropolitan, 65 ; North British, 33 5-16ths.
MANCHESTER TRADE REPORT, MONDAY.—This market
continues depressed, but prices are nominally no worse; since
Friday, owing to the large fall in prices, and the eagerness of
producers to meet buyers, rather a larger business has been
done. For the East and China there are no transactions of
magnitude. The home trade are operating moderately, chiefly
for present wants only. For the Continent and the Levant the
business is nil.

LIVERPOOL COTTON MARKET, MoNDAY.—lmport per
bill of entry, 9,871 bales. The market opened steadily, and at
the firm closing prices of Saturday. The probable sales are
10,000 bales.

GLASGOW PIG IRON MARKET, MoNDAY.—This market
opened hat to-day. Business was done down to 50s. Gd. cash.
Closing—rather sellers at this price.
CLYDE CRUSHED SUGAR MARKET, DIONDAY.—There was
less animation at this market to-day. A moderate business was
done without change in price.

AGRICULTURE AND THE CORN TRADE.
In the southern counties of England the harvest has
now, the Magnet says, become general, and, so
far as can be gleaned at present, the result
has been satisfactory. The wheat crop has
proved to be much less deficient than wail ex-
pected ; whilst the, quality, generally, has been good.
M Some samples exhibited at ark-lane on Friday varied
in weight from 621bs. to 651bs. per bushel. The oat crop
will be short, and beans and peas will not yield so plen-,
tifully as could be wished ; whilst barley will 'probably
fall short of the average. In Ireland the returns of all
kinds of produce will be very remunerative, the excep-
tional: dryness of the season being the one thing desirable
for insuring good crops in that moist country. In Scot-
land, also, where the dronght has been less severely felt,
the progress of agricultural affairs has not been unsatis-
factory. The crops, generally, look well, and will shortly
be ready for the sickle. Turnips are advancing, and pota-
toes are presenting a most excellent appearance. One
great feature in favour of the present harvest is the excel-
lent condition in which the grain is being secured,
enabling farmers,to send their produce to market imme-
diately.

The Mark Lane Express says—Although in London and
some other places a thunderstorm was experienced at the
commencement of the week, other localities have still
been without rain, and the drought Has conse-
quently much increased, not only through the
heat but drying winds. Harvest has now become
general, and the new . corn which has appeared
has been of fair quality. It is the same in the North of
France, Belgium, and Holland, where the rye also 'has
been well spoken of. Spain gives similar advices, with
uniformity in the character of the wheat which equals
the old in value. We have now reached a crisis, of
which none can see the end. Providence has covered
the fields with its annual gifts ; man, by whom they
were peacefully to be enjoyed, covers them with hostile
armies to pollute them with human blood. Let us hope
England will keep clear by her neutrality ; but when
once a flame is kindled who can tell where it will stop ?
The reaction on the late heavy advance has very quickly
set'in, and the average decline has been about 3s. per
qr., though in some cases exceeded, while rather more
firmness was apparent at the close of the week. As
no country begins the season with heavy stocks, or
looks for much abundance as England is not expected
to exceed an average yield, and as official returns from
New York estimate the yield in North America at sik
million quarters below last season's produce, all circum-
stances considered, it does not seem probable that our
averages will take such a low range as during the past
season ; more especially as hay must be dear. Potatoes,
the root cnops, and all spring corn will be. likely to rule
comparatively high.

The weather on Saturday was fine and hot in the
Eastern district. In the neighbourhood of Over (Cam-
bridgeshire) the harvest has commenced in earnest; the
crops present a favourable appearance, and promise to
yield well—at any rate, the yield will be an average. In
the the neighbourhood of Newmarket the wheats have
ripened very fast during the last few days, and the
harvest is now general. In the neighbourhood of God-
manchester (Huntingdonshire), the wheats have been
brought to a 'forward- state by the late hot weather, and
several of the farmers have commenced cutting; the
crops are well spoken of. Harvest has commenced in the
neighbourhood of Holbeach (Lincolnshire) ; recent hot
weather has ripened the corn very rapidly, but has also
had the effect of scorching up the pastures. The drought
still continues in the neighbourhood of Market Har-
borough (Leicestershire) ; a slight shower or two has
fallen • but there has not been sufficient rain, to make any
perceptible change. Harvest work has commenced ; the
wheat, barley, and oat crops are good, although the straw
is short. Harvest is now general about Thrapstone
(Northamptonshire). The reports as to the crops are en-
couraging as regards both quantity and quality. The
pastures, however, are completely dried up. Har-
vest has now fairly commenced about Oakham
(Rutlandshire), large breadths of wheat and oats having
been cut. Wheat promises to be a fine crop, and barley
a fair one, but oats are only moderate. There is a great
scarcity of water in the fens about Boston ; wheat cutting
is now general ; during the last few days several cargoes
of wheat have been shipped for France from Boston.—
Daily News.

A Ramsgate correspondent writes :—" Heavy firing
was heard out at sea on Sunday morning, between half-
past nine and half-past ten. The harbour-tug went to
reconnoitre, but her machinery broke down off the North
Sands Head, which compelled her to return without infor-
mation. She passed several North German vessels run-
ning•for the Thames."

Nearly 3,000 volunteers of the West Riding as-
sembled at Wakefield on Saturday, when a grand festival
vas held. The pleasure of the day was however con,
siderably marred by the sudden .death of Captain Newall,.
one of the officers who had exerted him Self very much in
the preliminary arrangements, and wile. was attacked by
apoplexy ih consequence of heat arid fatigue.
A contemporary !sAyS : " There. ore '-several
items 'of news indicating a little more activity in our
military and naval establishments. The greater number
of the blaCksmiths and factory men at the Davenport and.
Keyham dockyards are now working overtime. The 13th
Brigade Royal Artillery at "Plymouth is actively engaged
inrecruitinrr. Should the Government determine to increase
the army, other depot battalions will probably be formed
at Chatham garrison besides the Gejzeral Depot Battalion
now existing there. The United Service Gazette is " able
to state, on the most undoubted authority, that orders
have been given for a large number of troops to be held
in readiness for active service." From Portsmouth we
learn that it has been determined that the Royal Marine
force shall be augmented by 5,000 men. The men under
notice of discharge are to return to work. The Admiralty
have 'decided on entering an additional' number of work- k
Men at Chatham dockyard. '