, 1872-12-20

QDlyuL ZOE ToSTOWlnG 11e 20Q In many dEtTCtE
favorable. The wants shown Mt Marsci1les arc alst
many.
The present estimates Of the crops in Hungary, IL
Russin. aud even in the Aautc States Of North Amer
lea, more concluBiycly unfayorab1e than three
months ago, and the great deficiency in tho potato
crop cstatod III Mr. CAirdg recent letter at
tona Is fact which has, Of course only baen realized
the weather has been wetan unfavorabe for wheat
sowing, that apprelenstons begin to be expressed TINT
the crop OF 1873 may be as bad or worsc than that Of
the Present year.
There has been decided characterization with regard
10 TIE supplies to be Teccivoa during the past hree
bean expected. To this principal cause Of decline in
prces was snperadde great and Unforeseen rise
market.
Last weeks report Of the nal closing OF the naviga-
ton at Iaganrog has not been confirmed but virtually
end and, on tie other hand important sdvices, dated
23d instant have been received from Odessa through
vas consdcrabe e1etement IN the Wbest arIet Ind
pood 30 gh1rEa had risen equal to Gas to c3s
4g2 lbs c. f. London terms Stocks had run unusu-
ally low, and supplies we're for tho moment nil;
sells were scarce The number Of steam cargoes from
Odessa which have been shipped last weak d however,
The imports Of wheat and -four into the United King
dom from the 1s September to the sd November have
been at the enormous rate of O28 quarters per
will be similar facility ii procuring II abundance the
further supplies wanted7 Certainly not! It only
that given the a9 Of cFeR
leas difficulty the required total OF say twelve million
quarters during @ ths Whole season-the further pro;
from foreign countries in 50 much smaller quantities
snd with greater dlfcalty, by of the exraor
IL n t n navs
II the shtpuenta had been hitherto only at the re-
quired rate Of twelye million qunrters, our prices
Is at present the case to future Decline ut tina
when increasing instead Of diminishing quantities
1s1 For the
pears reason for expecting very healthy trade nfte1
the disa appointing results Of the previous months.
= PRODUCE N CALIFORNIA.
Tho San Franciso Commercial Herald says:
We remark continued activity in the market for -four
and grain, and that upon rising market incident to
isssened receipts bqt morn especially attributable to
the very considerable reduction in freghts which has
during the current month been very narked-aay ca
ton to Liverpool or tho equivalent Of half cent per
tnures to the interest Of the producer Shipping rates
for wheat from July to Dec !, ranged from 80 up
to s165 as extremes, and during the current month
$1.75@o00 tho range for choice average shipping
qualities, although the outside rate Is extreme fig
ure at this date. Flour has also participated in the
rels before the start at very low prces The receipta
Of wheat and aer eoetned 1 ooa since harvest ag
store. loss local consumption. 1t is computed by those
well posted In the trade that have Jet stock Of
nearly forty vessels on the berth to load wheat for
the United Kingdom having in five and half months
IN tbs
connection, re may remark that, according to al
counts, there upward Of sixty vessels route
shipping dour freely to this port and has loaded
since harvest, ten vessels with wheat to the United
Kingdom. It ia difficult to state the amount Of Ore
gon's surplus.
The Stockton l,dpe,de in alluding to the late rgo
in the value of wlcat and the fall in English freight
rates. Eays:
There is still IN immense surplus Of wheat in this
State to ho exported This fact Is well known to ship
throughout the world, and large fleet Of ves-
sells Is now on tie way to this coast to iood With wheat
The present surplus Il, however, largely In the hands
Of and farmers, and they have so So
the market until the prices arc satisfactory. IT, how
ever the farmers had persisted in forcing their wheat
vessels got to take it away, the high rztea OF freight
would have been continued indefinitely
The weather is ull that man could hopc for out Of
Paradse-cool frosty nights, and bright, sunny days.
The rain Of Gtslo more than week ego weat deep
enough In most fields to set the plows in motion, and
the succeeding fogs kept the moisture III The GARTH
Tho seeding season has opened well fo- the husbands
nlan and wherever weeds are not feared sowing ha3
commenced will commence"
The Oakland Transcript says Of the crops:
It is not premature 10 speculate the c:op3 Of tho
next SEASON. Already the carly r1ins ere proving IT
the very greatest beuet to agricultural interests.
The earth retains much of the moisture Of last years
during the ensuing wuer fair crops Will bo secured
In ounses tho grsss ia already up and growing
finely; Farmers will doubtless BOW moro grain this
ye4r thAn last"
Latest.
In tho afternoon wheat WAS fairly active and
}a@S!!c higher. No.2 spring sold AT Sl.l41{ seller
and 51.17@1.1711 seller February, closing at the
inside. Corn was moderated; active and ir1ner,
selling ct 3oS@3014c soller tho month and 902l
S0j5c aoler January, both options closing at the
inside. Also 3taSc seller February. Oats and
other grain we're inactive. Provisions we're quiet
and unchanged.