Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-10-08
ENGLISH MARKETS.

Harvesting Observation-Disclosures Unset
tied, but Closing at an Advance for Lead
ing Cereals. -.-
LONDON, Oct. THE Mark Lane Erpress
says: The weather has continued broken
and unsettled. Heavy showers have alter
mated with brief intervals of sunshine. In
the middle counties the rainfall has been ex-
cessive and harvesting carried on in very
desultory manner. Much of the corn in
other parts of the kingdom remains I'M
stacked, the greater part of the wheat and
barley recently cut being in such
damp state that sprouting or
leating in the stack inevitably
ensues. The cutting and carrying have pro-
ceeded very slowly in the north, and the
want of dry weather is much felt. It Scot
land farmers have also suffered further,
owing to the prevalence of gales, which
have shaken out much of the standing bar
ley, but the oat fields withstood the action OF
the wind to great extent, as tia grain is
still unripe. Root crops and pastures have
improved a little as rule. Ireland has
been more favored, and with the exception
of the stoppage of a few days owing to
heavy rains, harvest operations have been
carried on briskly. In south England many
fields are now cleared, but results upon
threshing are = most disappointing, as
to condition, quality and yield. Judging
from the few samples hitherto shown,
wheat is light, damp and sprouted. Barley
is in many instances discolored and unfit
for mailing. s..s-..-
Deliveries at $50 provincial towns arc
4,186 quarters Of wheat, against 10, 791
quarters for the corresponding week of 1878.
The average price is nearly shilling lower.
Trade opened very firmly at the beginning
of the week both in the country and Mark
Lane, and there was an advance Of two to
three shillings on wheat and shilling on sack
and barrel flour. A large business was d one
in London Monday, but on Wednesday the
edge seemed to be taken off
the trade, as, having satisfied
their more pressing needs, millers seemed
disposed to stand aloof and watch the course
of events. At the same time fair degree
of steadiness has been preserved, the imports
into London having been quite moderate.
But the excitement of ten days since has
been altogether wanting. In occasional in
stances where sales were pressed sellers &C.
cepted shilling: less money, but, as a
rule, the late advance has been maintained,
nor does there appear any immediate proba-
bility of a decline, as there is some reason
for believing that the requirements of
France have been under rated than over es-
timated, and it's doubtful whether Russia
and Germany can be depended upon for the
100000 quarters which have been indi-
Gated as the quantity we might expect from
these sources.
After the unusual phase of excitement, 40.
companied by smart advance in prices.
business has come to pause, not from any
inherent weakness or from the effect of any
of those causes which tend to depression,
but simply through judicious cessation of
operations on the part OF buyers in order to
give time to thoroughly examine the situa-
ton unbiased by exciting influences, with a
view to future transactions.
The samples Of New England barley hith-
erto shown has been of such variable quail
ity that the prices realized have been far too
irregular to afford basis for quotations.
Maize5receded about six pence per quarter.
Oats the same, as supplies considerably ex-
ceeded demands. ~.
The foregoing remarks apply to the trade
up to Friday, since when decided return of
strength has been apparent, and on Monday
prices advanced for wheat fully shilling per
quarter, making total improvement of two
to three shillings on the last weeks sales.
The sales of English wheat last week were
1851 quarters at 47s Id, against 71,441
quarters at 40s 4d for the corresponding
week the previous year. The imports into
the United Kingdom for the week ending
Sept. 81 were: Wheat, 1,l75, 634 cwts.; flour,
2S0 AS7 nufc resa--, 80 i2f '--1--