, 1877-06-13

'oH, 1one 1.-THE 4Hurk Lane Etpre7ss ::
1cyier OF INC gram t'ado fuF tho rcek aays, :!
thh year WI be late, and whether the farmers
eventually obtain q fair return for Their labor
M mt,st depend upon weather influences during
wheat. both 4: Marx Lane and the provincial
markets, has been yrry mcaQrc, and with stocls
IN Qrowc7a' hnnds at such Low cbb but Iittlo
change to this respect can he looked Tor, Bust
nsss ., IN the country, being 1csa affected by
tue depressing netion Of the continuance Of
large foreign supplies, has been moro actiyo
Than a. Mark Lane, alll growers hare succeeded
!, ootaini9g an advance on Engah %!eat which
to foreign, Imports into f.ot.don have been lib
efal,, te,lay's returns showing the arrival OF
nearly 6300 quarters; Statistics Indicate that
and harvest Win be about 5,@o, 900 quarters. @
quantity BY about l,oo0oN quarters, tic flrm,. 1.
asn ness q hoers appests reasonable. sun tho
IN London hare been taken advantage of
nearly all reqailRsa sfiR2ai''"s qs9''1 s9R;1s' vii IL
IN ail probability be forthcoming from Nnssia
course OF trade Is no doubt very uncertain, but
there appears no reason for anticipating d fur-
ther decline; while. should politics assume
more threatening aspect, or tbs scnson provo
wheat up to u shilllngs quarter.
The weeks tra1e has been limited to the SUD
ply Of tla Immediate requirements Of tni,le4s,
who have been able to satisfy their wants at
2eaillings per quarter less money.
hlalzc sold slowly at about 25s ca per ot1arter
for mixed American ship, aud for tilu possible
future thls article Eirca Hte to much coulcct-
ute, both y home and abroad. Tie brilliant
qu!ctinE eject upon tho floating &s,rRu trade,
md, with the exception of RhiEkas, which COM
mandea fu'i prices. a'1 descriptions Of wheat de-
cltned Is to Is PCT Quarter. There arc now few
" Ax.ssAn
nearly a.! steamer car9ocs having already r.
rived at their destination. Maize and barley
hare rceedea fully IS per quarter, aud With largo
arrivals trade closed dull at the decline.
zNGLtstt RACES.
Lospos, Juno 11.--1hc Ascot meeting opened
brilliantly to-day. a Thunderstorm fast cYc-
,g nlng cleared away ths snltEy atmosphere aud
Wales md cx-Psesidcnt Grant occupy tic royai
stand. TIC crowd Is Immense. Tho rncc 5or
lscr Matcstys gold valc brought out seven start
crs; ana Was won By. skylask; Rosrbery, Sec
The rducc Ut Walrs stakes were womb Glen
Arthur.
Tho ASCOT stakes rcre won by Chypre; Fluis,
second; First Spring, third.
THE DIRECT CAHLE COMPANY. :
LoxpoN. June 12-Thc Directors Of tho
Direct United 5tatcs Cable Company annouucu
that they have decided To Wind up the present
company and form another With tile same uamc.
Thu object Of tho wInd!ng,up Is To enable tic
working agreement with the Anglo American
Cable Company to bo made effective. Tho
principal leads Of the agreement hru:
Tie agreement to ratnuin in force
for fifty years from May !, 1877; the uctual r.
cespts. after dcducting certain charges, to 80 to
the Joint account OF which IS per cent ts - be-
long to the Anglo American, md Is to tho
Direct Company. In cnse Of interruption to
either line Tor moro t1lan ons year,
these propositions nre to bo nodded.
In case Of total interruption for more than
thirty consecutive months, agreement ts to 30
dctcrlninaho By notice. An allowance 1T tho
rate Of E10. eco year IL 10 be made by the d.
rect Company cute thrir receipts To the Anglo
American Company during such timo az tito
AnRlo-Amcrtcan Company stall keep two or
moro cables In working order.
FRESH MEAT,
L1vERrooI, June 13.-Amcrtcan meat has
becn selling ut three pence per pound aud stx
peucc for tho beat shcc Saturday. IlIs ia
caused by the sudden heat.
DEN1Ep.
:, Private adriccs deny the reported falling Of
the water At the Melttsrfanlan entrance Of tho
6ucz Canal.