New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-10-24
BRITISH TRADE REPORTS.

LONDON, Oct. 23.-1he Marx Lane ETprcSS,
in It's usla weekly review OF the British Grain Trade
saws: "snce the gale last week. the temperature has de-
creased and the weather except for few showers has
been toIerably bright. Where the land was
not too hard ploughs have been actively employed III
preparing the soil for the reception OF Winter Wheat
The weather this Autumn mas been very faVOrahie l"
Northern agrcusts, and the ap2rehensions iei some
five OF SIX weeks since tor the ultimate safety OF the
crops have proved groundless. In the North wintrv
weather has now set in, accompanied by heavy
fall of snow, aud outstanding corn, OF
which however, the quantity Is lnconSierable'
will stand little no chance or Hpenihg'
The harvest being generally speaking over all that Is
wanted NJ present in the interest of agriculture short
smell of such weather we are now eXncrlehGlnS 10
strengthen vcnnc STOCK check the further snrcad ~ e
potato disease. and enable farmers to get iher "lr
wheat in A. this cannot be confidently relied on farm
@, appear determined to lose no time III soNlug' ana
have been devong their encrses t teto ms ,u ~
supplies which have been received al the country mar
kcts and 30 by the active arina1 o ilir w. t
under pressure Of which an advance OF shinS 10 t"o
sllncS per quarter has taken place IN some
rhc Improvement has not, however been e,t IN htth
Lane, where factors pave not Dth snooes,'n w - 49,,
fishing an advance, but nevertheless tie zone o' ne
tbr natural Inherent strength of trade based upon the
enormous c0nsumpve Iequremcpts "i we nus
turn showed the weeks imr0ris OF foreign "hedt
into London to he neirl, y2Voo t ,I uaItcs,
and Indian descriptions. We nave now Nct he'3 ~
rived a. 'hat peIo Tn h I intcnce Of impors mpon
prices The rapid approach OF White viii pra, liciliy
withdraw Russia a. source of supply, and II no msrkeG
decline takes place before the actual closing
of the Baltic ports, there appears 10 be
sufficient strength in the trade Ia Withstand
The action OF without our present range oi Nlcs
mn lrrnoluc much alteration during the WINTER These
remarks must only hc considered of value SURPRISING no
change takes Place in political affairs. us any paehc
demonstrations the uar of the contenoihG ma
tlous Woud as certainly weaken the situation
a. Inc sudden termination Of the war III thc
Ta.t would heavily Oeprcss the value OF wheat
A. FEST OF the strength Of tIe trade 10 withstand the ac-
lion OF Inroals, il may b. worth rcmarkins that the
average weekly inporJ'tion of foreign whcat INTO Lon
don since the list Of July has been tS3OO quarters, or
very nearly l,lO0O0O quarters IN sixteen weeks. puF
local trade has hccn que with only moderate CON
sunttive demand, and. necessarily, no speculation.
Tc arrival of some OF the recent heavy shipments ll"m
Atlantic ports has reduced the price oil American
vyhcat a smiling To two shIngs pei quarter, ana Tue
same reduction has taken place on Calcutta better
feeling IS no iceablc in maze. anu slght Improvement
ha 80 taken place on American f"r parlcf ana o's'
trade has dull and former prices nave n0 b' e
cepd The arrivals OF wheat cifg"cs al ports al can
durine Tho past week have been small, hui shipments
from America continue large ana trade has inici dh al
. decline al about shilling per quarter Maze mas hech
IN GOOD demand. bOth off coast ana IOr shipment az an
Improvement of fully siXpcnce per quarter Barley is
steady, without qu0tablc change III value