Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-09-11
ENGLISH GRAIN.
Continued Unfavorable Weather, Though
Slightly Improved - Supplies of New
Wheat Fair, and the Cereal Year Inaugu-
rated with Healthy Prices.

Continued Unfavorable Weather, Though
Slightly Improved - Supplies OF New
Wheat Fair, and the Cereal Year 1naugu-
rated with Healthy Prices.
LONDON, Sept. 10.-The Mark Lane Express
In its view Of the British corn trade for the
past week, says the weather has been less show
cry than during the previous week. but has not
been satisfactory either for threshing or secur-
ing the crops, as it has been dull and damp
with temperature rather high. Dry, breezy
some wheat to be cared for, while large pro-
portion of barley is still standing. Cases of
sprouting are frequent owing to the moist at
mosphere. Considerable disappointment is
felt, especially in Yorkshire, where a
quantity of grain is lying exposed
to the weather. In other districts har-
vest operations are much protracted
Recent advices from Norfolk, which is an
Important barley-growing country, stated that
fully half of the crop was still in the fields,
and it is feared that the grain has already be-
come too much dlscolored to render it availa-
ole for mailing. Such wheat as was secured
before the rain set in more particularly the
earliest gathered, ia very fine. Scotch and Irish
reports complain of broken weather, which
prevented securing the crops, but roots and
pastures present a splendid appearance.
The supplies of new wheat have been fair
both at Mark Lane and the provincial markets.
Prices have favored sellers for all dry lots but
as only a small proportion of samples offered
have been in anything like fine condition. most
OF the sales have been at irregular values.
Sellers exhibited a good deal of frmness, and
business to some extent was checked thereby.
Increased attention has been paid to foreign
wheat during the past week or ten days,
especially to fine old Russian and American
ports, upon which demand will doubtless be
mainly directed SO long as the home product is
advance of six pence to shilling has been OBJ
tanned on these descriptions.
The cereal year has commenced with prices
of all produce at a healthy level, and although
no market rise can be anticipated in the i'm
mediate future, in view of the large shipments
from America and the tendency which her ad-
mittedly large crop has to reduce values, still
it may not be too much to say that the enor-
nous requirements of this country may be
pretty confidently relied on to absorb supplies
at range of prices little if anything below
these now ruling.
In the London market another point to
strengthen trade lies in the fact that even
should imports of wheat from American At
lantic ports increase, Russian supplies will nee
essarlly cease as soon as her ports are closed by
winter. The business consequently rests upon
a legitimate commercial basis, independent of
hcticious support either of political or specu-
lative character.
passing. Grinding barley has risen shilling
per quarter from the recent lowest point.
Maize is also rather dearer, but with continued
heavy imports both into London and Liverpool
the upward movement has made but slight
progress,