Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1858-11-20
RICHMOND WIG.
Aemcvl1uRv. REPORT FOR OCTOBER.

AGRICULTURAL REPORT fok OCToBbk.
A'ibooeb ths iqpor aioDs VI foreign wheat have
been 20 ssy 'cr the time oi year. aud although
the supplies al glsh oher 10 various markets
have iusr The trade In all parts OF the United
gdom bss CONTINUED heavy and sig.ty reduced rates
been sgain submitted to- Spring too has sold
sio~ly. and. nth the exception OF Zoe mailing barley,
which is very In best districts prices
generally have had dropping tendency The continued
epsea In the corn trade has given serious
b)dings regards the future Although our impression
J. that the qlyatois have their lowest point
tny inquire into The which have led TO the present
hcaviness Ia the Il place. 6nd that the mportaons
Of foreign wheat iuo the United Kingdom. durirg the
n1e months cnding the SOth September were 1885,
O3s qua ters against 7O5 quarters In the
pprdng ROD a. 1851, aud 32St7lT quarters In 1886.
Compared with l,s year. therefore, there Is very large
excess n the anivss; consequently the stocks Ia
hou.e although extensive forced saes have taken place,
have Accumulated 10 the sccond place, must bear In
Mod that farmers still hold large quantity OF wheat
ers~n IL 1887 aud that they have this season grown
uhst NAV be termed average CROP And, in the lsst
p .cs may notice similar tatc OF things In the United
. where the sctual surplus produce OF wheat hand
above the Of the people, Is estimated at 100000
iatets Consu npton in this country has certainly not
fallen of but, uader the peculiar features Of the trade
referred speculation in arrived produce has be-
wholly In sb,yancc and the question TO determine
a. what feature ia there in the trade calculated to give
rice TO speculative investmensg Al present, with a
knowledge the part OF the mlers that ample supplies
everywhere TO be met uith-that little or demand
likely 10 arise the outports Tor inland consumption
aud tina, arrivals from abroad will be fully ado quae
rquirements;ho wheat trade is conducted who'll
Iu2py OF money in the discount Market With the quota
for best paper low % cent, has failed to
inducs operations 10 produce. With ample supplies,
therfcre-with than usual anxiety the part Of
shippers abroad TO turn their wheat into
fat "a IL in this coun,ry-we may safely state that
there prospect OF any upward movemcnin prices Tor
some time. At time IL was thought that Franco
about to return 10 pfoteciouist principles bu'
find that regards nnportdtions Of food, the
Decree of the 21nd Of September 1857, has been
dcd the 30h Of September, 1859. Be- il observed that
official notice extending the time Tor imports who
~ ,ieat regards experts consequently the sldire
scale respecting the latter lie in operation. At present
prices the export duties 10 France high but OF
course they add materially to the OF forwarding
TODD England aud they tend prove that ptev-
estimates OF the crops in that countrySz that they
are deficient by onei0urth compared with lS5g-are
toetably II the yield ct wheat lrgc and
In OF consurpdon the French government would
hardly have deemed necessary impose duties upon
eIpor.s Oar impression a., therefore, that in 1859
sha import considerably less grain than daring the pres
en yealhat there will be much less pressure upon our
maikcts-and that prices will show seadiness than
tor some time past IL must be admitted that wheat h
selling at what may be called unnatGrsliy low
price, sud that consequently there is ample for
improvement In 10.
The potato CROP both in the United Kingdom and on
the Continent appears 10 have turned much better
than a; time anticipated. The quantity OF pota
toes Is enormous aud the actual losses by disease
have been much exaggerated At the corresponding pc
fiod In 1857 prices ranged from ca 20 81 per
they quoted at from 80 lisa to "a los and the
plies coming forward exhibit few traces OF rot Album
daut supplies o potatoes must matter OF course
considerable influence upon the value OF the Kinds
OF food.
Farmers have threshed about average supplies Of
wheat and for the most part they have been disposed of
in fair average condition. Ca the continent the trade has
continued heavy and in the United States produce sene
allv has been selling ct very low prices.
Owing 10 the want OF moisture outdoor farm abors
have made comparatively little progress The hardrt SIS
oi the soil has prevented ploughing any exteut and
rain is still much wanted in nearly every county in e.
gland
Tho 'urnp and carrot crops turning toleraby
productive; but they certainly DUAL 10 manv tor
mar years either as regards quantity or quality.
For hay there hrs been n steady demand ard prices
hsve bad au upward tendency. Straw, however from it,
abundance, has sold slowly at low currencics viz from
"a. to 29s. per load
Notwithstanding that the manufacturing industry OF the
couHty improvng-tbat many OF the manufacturer, are
working otder-that the whole OF the mers are nun
ming foil tme-the wool trade has become heavy. and
prices have had dropping tendency The causes OF the
depression Ia toe demand may be attributed not so much
10 The want OF orders the limits which they are
liked aud which do not correspond TO the advance which
took place in wool during the months Of August sud Sep
te8bCr.
Another very large growth OF hops has been fecured
consequently prices have ruled very low When We
consider that an imneuse supply Of hops the sfowts
81 1856 and 1857 stu remains hand, can hardly a.
ucipate any improvement in the Quotations
Throughout Ireland aud Scotland produce Conetay has
ruled duh aud dropping. TIE shipments Of wheat oas
a. T. England have steadily rcreased.-Jfdrk Lane Es.
JTGaS Nor ~