, 1879-01-01

The very Inv snnrkc. has prevented tI1c farmers
from realizing 1n'lGla out Ut the trop; nntf the
dealers, though they have handled good quan-
tatT OF hecd, have In ! vcrs narr,,w margins tn
work on. Tho declining tendency Of prizes has
made the dealers vcrv cautious, anl tley have
relrainrd from filling their storc-trouses With
due to the prc.cnrc Of Chg heavy turplus Of tEo
ctnp Of 1877. Everybody believed timothy to be
cheap 10 tho previous year, and bought heavily.
Eastern dealers wero loa.1ed down With fecu,
evenly list:tbu.ed the East would hare required
erop Of 1873 was short about % per
Gent; ssia ;;,.s but this large decrease wa-
preceding season. The quality of the new cram
was about an average. The European dru1anl
has fallen far below u ncctus!o1.a In consequence
O! the threatened financial troubles and the FREQ
countries. Prime timothy sold at l.9i III
January, down 10 <i.lD next month, at $t.tG in
August, Sl.05 In November, and $tOStSt1fl nj
the close: During the past few weeks tic light
closed With E;ncts IT about !t},DD0 bags hcre,
large portion of which belongs to the crop oG
1877, and Is at present withheld from market.
GLOVER
tho home trade was rood in the fprng Tho
export business hero Inns been greatly Increased
through the cffnrtA OF several entcrrr1siug local
dealers, and Chicago scems destined to rank
buanees has been built up nartly at the cxpcnse
OF New York hnd several Eastern anil Western
pointa. Foreign lnyers hare found out tlat
there fe virtue In Western clnvcr. and that 1t can
bc had cheaper in Chicago than IT points
where It Is branded Al New York seed
and subjected to commissions, transfer charges,
and other unnecessary aild ol1-foEy expenses.
ThrouRh-frel9ht contracts could bo made hero
at os low figure a. Mt the scaboaru, and cunsc-
1uently have encouraged this new departure.
England and t}ernlany hare taken most Of tho
clover sent across tha Atlantic, tho bulk OF Il
scar; and there has bcen M material nccur,ua-
tlon Of seed Id this market. The stock at the
close Is about 2doo bngs Primo opened in
r. rsashas ape Ss % a t
afterwards to ea.d5 In November, rose 10 eI95
Gf4.00. and closc,l nt S3.stdIMl prtcrs hare
becn low, but the crop nays the farmer quite "a
well as other pro;luets aud tho asreaxe is in.
Northwestern btntes. Tho Western crop was
large IN 1873 having increased in so1nc sections
about 90 pss ssnt: and .c quality was very sat.
had u smaller crop than usual.
THE TlEApE tn FLAX
vas larger tEnn tn 1S11, and fair prices wcre OBJ
tn'ncd by tue farmers. The old was nlyouL used
up wleu tho new flax began to cou,c into 1nar-
speculation, and EastctH crusheEs entered tho
West and purchased freely. Tho supposltion
was general that the last crop would DO light.
hut IT proved to BE- good one and fair In quail
ity. The market for new seed advanced 1Ull Ike,
With sharp competition between Eastern anil
Weatcrn buyurs, but this risc was lost Inter,
when the reports that England was OIL tho verge
of . financial panic maJe operators nIratd that
Calcutta seed would he diverted to this market,
though tue EaAt Indian crop was supposed To
be iieht. The market did not rtcorer from tic
dcrllne: and the speculative teal VIVA q losing
onc. The new crop opcncd aE $l.:ssdf .a1 nntl
rfGsen Mt Al. .1ATAf IL {lJr spct st,f,I NJ II III
down to Sf.oa
Tho American production OF flax Il Increasing
steadily. and tho homo demand readily absorbs
tile crop. The Imports nj East India seed uro
yearly dIFnlHlsh!n1, aud 1t Is believed .llat 1T
thrca years they Will cease. T1ln imports M
Calcutta seed during the four months cntilnR
March 4. 1878, wcrc 1h2 800 bags; tn tic saz,c time
In 1877 they wcrc 254 ,j bags, a,tl tn 1871 they
rcackcd 2i3,USi bags. Flax Is popular With tic
farmers. and 1t fs calculated thnt tho acreage
will DO increased Is per cent III tile West text
season. Tnc tratlu Ia
NuEGAHLtH AND M1ELET
was falE in The spring, but not extensive. For
the past two or three years tho sprug 1as been
favorable Tor the KcrMtnati0n nnd development
OF other crops, md there !a been little ticn,aud
for late varieties. Hungarian md mltet are
popular chiefly Ia yenrs when every othor crop
fatls, and Its too lntc 10 rcsow anything else.
These seeds are very pr0lllle, yielding sometimes
f1xty bushels to tho aero; Rntl nclahborhOol
oncc favored wltll good crop ia something like
tho old WOMAN who lived tu slIoe.. Lttlu h
known about tic quantity or quntly Of the new
Hungarian mt1let. Tie price rangrs frou, Gote
6oc IN tic spring. md recently ut 354i[e.