Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-09-17
ENGLISH GRAIN MARKETS =.

Unsatisfactory Condition Of the Home
CrOp-Daalers Looking to America for
Regulation of Prices-Prices Generally
Advancing. ..sA 20.
LONDON, Sept. 16.-The Mark Lane Express
says The new samples Of wheat exhibited in
Mark Lane have been wretchedly poor, both in
quality and condition. A great deal of barley
Is stained SO as to be unavailable for mailing.
From Pa to 2N per acre seems to be the aver
age yield of wheat. With perhaps some reser-
walton in favor Of oats all spring crops are to
great extent failures. while root crops ar
but little better. Pending the arrival of the
new crop, the supplies of old home growth
wheat have been exceptionally small. At $50
of the principal towns last week farmers de-
livered little over l6, 500 quarters against an
average Of "a, 900 quarters the corresponding
week for four previous years. The prices for
the insignificant quantities offered are I'M
changed. t...s- -. -... ......-.
The principal feature in trade has been the
diminution in shipments Fl ,m America and
the comparatively light supplies in London
only amounting to $4,000 quarters up to Fri
day last. Trade has been quiet. Sellers have
shown little desire to press Sales being encour-
aged by the certainty that the home crop is la
mentally deficient while the visible supply in
America bas diminished. Though rise is
hoped fl by sellers before long, it is impossi-
BILE to ignore the fact that America must con-
troll prices for the present cereal pear, I'll hough
it is more than probable that continental re-
quirements will absorb large pro portion of
the available surplus which at present threat
ems to glut United Kingdom markets.
Several carg.es Of wheat off coast have been
taken for continental discount during the past
week. Barley, owing to the present scarcity
has we'll maintained former values. Oats have
receded three pence per quarter in consequence
of liberal supplies. -
TO sum up, the present campaign opened
with very moderate range of prices for all
cereal produce. The attention of trade was
conferred on America, whose future action.
though demanding careful watchfulness, should
not be productive of alarm. At the close of
the week there was a decidedly better inquiry
for American wheat and sixpence to shilling
Improvement Was obtainable. @ #.....s-s
The arrival at ports of call during the week
have been moderate. Wheat off coast ruled very
firm and with good demand, both for the
United Kingdom and continent, at an advance
OF shilling to one shilling sixpence per quar-
ter Maize was in moderate request at an ad-
vance of threepence per quarter. Barley to ar
rive has been freely offered and receded
slightly.
Sales of English wheat the last week amount
ed to IL, 645 quarters at Ais lid per quarter
against 81 1872 quarters, at IS shillinps per
quarter, during the same week last year I'm
ports into the United Kingdom for the week
ending Sept. 9Th were 1,761,4l5 hundred
weights of wheat and ZIG, l57 hundred weights
of -four. sna
At Mark Lane to-day Monday there was
stiff IN foreign wheat. Fine American sorts
in some cases were one shilling sixpence per
quarter higher on the week. Flour advanced
shilling per sack. Barley steady. Maize
firm. Oats dull.