The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-10-24
Review of the English Grain Trade.

LONDON, October 23.-Ihe Marx Lane
ErDresss weekly review OF the grain
trade says The weather this autumn
has been favorable 70 the northern agrI-
cuiturslists, and the spprehensloos te.t
soma five or SIX weeks ago tor the ultl-
mate safety OF the crops have proved
ground ess. In the north the wlntry
weather has set ID, accompanied by
heavy tall OF snow, and the outstanding
corn, OF when, however, The quantity Is
uncomfortable, will stand no chance ui
rlpeniug. The armers appear deter
mined 10 lose no time in sowing, snd
have been devotIng their energies thereto
rather than 10 tnreshlng out thelr
wheat. This Is testified to by the small
supplies wnlCn have been received 81 the
country markets, and also by the active
demand for seed wheat, under
.he pressure of which sn sdvs.ce OF u
shilling to two shIlings per quarter has
taken place In some cases the improve
ment mas not, however, been tell in
Mark Lane, where the factors have not
! been successful in establishing the sd-
Val ce, but nevertheless the tone o. the
market has not been depressed for
EGghsh wncat To the natural ln-
nercnt strength of the trade, based on the
enormous consumption requirements OF
the country, must be sttri buted the fact
that although last Mondays return
showed tAs weeks imports ot foreign
wheat TO be near 5000 quarters, tn"
previous rates were maintained Tor 81
i M Ip.ifap - "A a
have now very near arrived At that
period which may be- considered crisis
IN the trade, ss lar rs regards toe IN
hIeuCe Of the imports on the
prices The rapid approach Of WIN
ter viii practically withdraw Russia
rs n source OF supply, and II So marked
u decline takes place before the actual
closing OF the Baltic ports there appears
To be sufficient strength In the trsde 20
withstand the action OF America without
our present range OF values undergoing
any change during the winter. These re-
marks must only De considered of value
supposiug no change occurs IN poit-
ical affairs, ~ any pacific Standardization,
by contendIng nations would rs certainly
weaken the situation rs the sudden ter
mInatlon OF the WAT would depress
tho state Ui the whcs. mar
ke,. As test OF the strength
o. the trade 10 withstand active lurOais,
1t may be worth remarking that the ay-
eragc weekly importation Of whest u
London since the Hrst OF July has been
$500 quarters, or very ear 100000
quarters IN sixteen weeks. oar local
trade has been quiet, with OILY moder
ato consumption demand and necessarily
no speculation. Tue arrival OF some re-
cent heavy shipments from United states
ports have reduced the price of Amcrl-
can wheat Is 10 Is per quarter, and
the same reduction has occurred IN
Calcutta A better feeling Is noticeable
in maze, and slight improvement hs-
taken place on American for barley NJ d
oats. Trade has been dull and former
prices have not been exceeded. The a.
rivals OF wheat cargoes nj ports of cal
the past week have been small, tut ship
mehts from tue United States continue
large Trade has ruled dull 1t a fall o!
about q shilling per quarter. Maize has
been in good demand both of the coast
and fer Shipment at an improvement Of
fully pence per quarter. Barley steady
without qIotabIe change.