The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1872-10-15


country dealers must also be serious.
though they are no way at fault or re-
sponsble for the management of the city
gamblers. The western country dealers
lose on the wheat bought on the strength
of the high prices induced by the corner,
as it must now be sold for much less than
it cost and farmers must lose oy the
low prices caused by the reaction, which
losses Of dealers, both in city aud coun-
try, react upon the farmers as whatever
restricts the means aud inclinaiious Of
buyers and dealers teuds to reduce prices,
while the influence aud effect of the cor
ner have been SO great that prices went
down when it broke, in all the marke cts
from Chicago to New York and Liver
pool 1t is probable that this effect will
be felt most Of the fall, and may be into
the winter.
As to the prospects Of the crop, there
is still much complaint Of injury by bad
weather. and some from rust Traftop's
Produce Circular begins to have report
from from the northwest of "inlerior and
ordinary wheat coming to market, as
threshiug progresses-much of it at Chi
cago inspecting No. 3, and very little
passing as No. l." The yield, so far as
reported, is given at Is to % bushels
per acre, which, with ordinary quality,
is said to be rather light. Ia the winter
wheat States the results are said to be va.
riable; the quality of that not injured by
the weather is good, but the surplus for
expectation will be moderate Other re-
ports indicate some damage by rust 10
winter wheat in Michigan. The circular
also says "advices from Europe have not
proved as favorable to their crops as pre-
vious reports. 1t is very evident the
wheat crop in France Belgium and Ger
many is much below the sanguine esti-
mates in June" The English harvest
is late and not so promising as early in
the season so good export trade, it is
said, may be reasonably expected at fair
prices.
In England, the Mark Lane Express,
August ), reports good deal of rain,
which has been OF no advantage to wheat;
the more the crop is examined the less
satisfactory does it appear. This has
made dealers less anxious to sell at pres
ent rates, "as, though there is room for
heavy fall, there is the same possibility
of an important advance, more especially
as stocks are everywhere low; and should
the new wheat be harvested in damp
condition, it will, of course, not be fit for
the mill without a free admixture of old
wheat. A portion Of Southern Russia,
too, is again in jeopardy from continuous
showers while there is great complaint
Of mildew in our own fields We have
thus reached another crisis of which no
human foresight can discern the end"
HoPs.-Thc prospects arc reported as
favorable for a crop fully equal to that
of last year, and not inferior in quality.
The European crop promises to be large,
with a probility Of shipments to this
country, 1t is feared that this foreign
supply will result in lower pricec as the
season advances.
DAIRY PRoDUcTs.-The World says
the Cheese "market has suddenly revived
again, and closes with a very buoyant
tune. We are about out of stock in New
York. and shippers arc paying very full
prices in the interior in fact, nearly
our present rates were paid at Utica and
Little Falls, There is no material change
in the prospects for Butter.
WooL.-There is not much change in
the prospects of the market. 1t is gen.
orally conceded that the wooden goods
market is much depressed, but it is said
better demand for goods may be expect.
ed on the return of cooler weather. The
Michigan Farmer says: "From the best
information at hand it is estimated that
the whole clip Of the United States fer
1872 will not exceed 10 millions OF
pounds. We need fully 20 millions of
pounds Of foreign wool to keep our ma
chinery going beside our domestic pro.
duction." This is said to be some indi-
cation OF the future demand, and shows
the action Of the wool-growers in holding
on to their wool is the right policy. The
Economist says: Prices Of wool have
advanced in England, in Germany, and
throughout Europe generally, on account
OF the actual short clip. There is also a
short supply in Australia, in South Amer.
lea, and everywhere from whence Europe
obtains supplies. This accounts for the
advance of wool at the late London sales. !"
Country Gentleman.