The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-10-10
English CrOp Report.

LONDON, October 9.-The Mark Lane
Express says: Three weeks Of fine
weather has greatly changed the position
if not the prospects o; the corn trade
generally, rendering threshing possible,
and improving the condition. There is
much larger supply OF English whest
than seemed likely. The returns tor the
las week or Two, show something like
{ 9 usual quantity sold. This hiss tended
Tor the present 20 lessen the demand for
foreign whest, ss the arrivals have been
good, and the shipments from Atlantic
ports very large Trade hiss been over
done tor the moment, snd prices given
way. With the arrival Of forty thousand
to fifty thousand qusrterS Of American
wheat per week 81 Liverpool, and the
Disappointing demand, holders have made
3 concession each market day, snd prices
are from three 10 four shlllIngs per quar-
ter lower than three weeks aSo. Wheth-
or this state OF things will continue, re-
mains 20 be seen. The immense
shipments 81 So early u period
would seem 10 continuance the highest
estimates ss TO the exporting power Of
the Atlantic States this year, but with
such prices as are now ruling in America
so far above not only the resale here, but
in any of our markets, it seems quite IN
credible that the shipments should con-
tinue on anything ike the same scale as
during the past month. Ii seems lnevl-
table that they must fall of very much,
especially as the forward contracts were
not made to anything like the same eN.
test for the October and November ship
ment as tor September. Indeed, for the
past six weeks very few offers have
come from the other side. All
this certainly suggests the idea that
the shipments may now for some
time be on much more moderate scale.
This would tell Immediately on the trade
for the quality OF both winter and spring
wheats is unusually fine, and the flush OF
English supplies is nearly over, while
the condition will soon become very bad
A very large demand may therefore be-
expected for American wheat, for H. the
Russian supplies will soon be cut of Tor
the winter, there is nothing else for the
consumption Of the country 10 20 on
Another influence 10 effect trade favor
ably may come from France. Trade there
has not gone on H. was expected; nm sc-
tive demand on the part OF French buy
ers would have seemed ~ be fully
justified, but this may be changed.
Like ourselves they have had fine wealth
er improved condition and IN ccnsequece
of the home supplies, It is hard tor u
10 imagine TO what extent the trade Is
psrslyzed and restricted througout
France, especially IN PARIS by the dso-
ger and anxiety ot the political STU
alton. Should this crisis be happily pass
ed there would Immediately be n revival
OF trade and not least in the commer-
cial trade. We should then probably
see the present dullness give place
to activity the French buyers pro.
ceedlng 81 once to supply the n, c1ssltle
which all admit exist this year, bu
which hitherto seem to have been re
garded with indifference. The stock OF
oats IN London Is very heavy, about
100000 quarters agaiES S. ll20OO last year
The stock OF wheat, about 10000 quar-
ters against 100000 last year.