Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1879-10-03
FOREIGN maRAers.
Weekly Review OF the EmElish CIR a
Markets aud Co ndittOn OF tho Crops.


Markets aud Co ndittOn OF tho Crops.
London, Sept, 30.-The Mark Lane Ex-
press says: The condition Of the new grain
has not improved 70 any sppreciable extent.
Threshing has made but little progress IS
most Of the grain alreadp secured is in an
unit state, and some weeks must elapse tie.
fsre the offerings of rev wheat will show
any material increase. 1t IL generally ad-
mltted that the wheat crop the present year
will be about 10 per cent below the average.
Home requirements between now and
next harvest may be expected to absorb 49,
100000 or 100000 quarters of foreign
produce. Neither mangies or swedes can
be average crops, and the turnip crop gen.
orally presents wre,ched appearance. Po-a
,atoes in many localities are not worth the
expense of lifting.
The oat fields in Scotland are etll green
and night frosts have prevented barely
from filing out while cool, dry weather is
urgently demanded to check the epread OF
the potstoe disease. From the south of
Ireland reports are received as to the oat
crop. The oat crop which appears TO have
suffered less than any other cereal, both in
the United Kingdom and on the continent
The supplies Of homegrown wheat at
country markets haye again been exceeding
" light. last weeks deliveries st $50
principal towns showing decrease Of over
1900 quarters % compared With the cor
responding week last year. The average
price was pence . quarter less than the
preceding week, which Is of much signlf.
cance % regards the defective quality Of Of
ferinks, when tho strong upward turn in
prices 10 taken into consideration. The
samples shown at Mark Lane were likewise
few snd inferior, but with the reserves Of
last years crop at the lowest ebb, sales have
been msdo readily OF an advance Of two
shillin9s quarter on the week; white
to 9 shilitngs per quarter.
| The imports Of foreign wheat into Lon
den have been very moderate, last Friday
return showing only SO, ,720 quarters, and
the week 3 trade has been marked BY de.
gree of animation and even excitement
which Was not altogether expected. The
most sAnguine operator could have scarcely
forseen tho extent and audiences of the ur,
ward movement. The improvement has
beep daily-on some days even to an ex
tent which has allowed some parcels o.
Wheat TO change hands twice at respect
able profit In each case Such activity bel
not been seen st Mark Lane since the spIinl
Iof 1877. All description Of foreign whca
has Improved full two shllliugs per quarter
making total advance Of about shill,nRs
from the recent lowest point. The caus,
of the rise hes been present for some week
past, cut the effect has been delayed unit
recently. asmillers held back % long o
there was any possibility Of the home crol
turning out more favonbly than bad beel
. predicted. Such . possibility no longer ex
ists, and the fact wss suddenly forced upol
the minds Of buyers with the resul
recorded as above.
NJ The amount Of business done in whss
!. and maize in all positions has been excer
tionally heavy and The slight reaction vhic
i took place during the middle Of the wee
:. has been more than recovered in nearly q
descriptions Of cereals. Produos shared !
The upward movement maize 10 the extes
y Of 4 shillings per quarter, barley and oa!s
Q pence and beans aud peas chilling. d.
= ring the early par. Of week trade for whs'
J. Of The coas, ruled very slrong and the n
vance "a. considerable. On Thursday
d reaction eusued which was brief, - trAs
ID epssdily recovered and closed firm At Il
}! hishsst point ve, reached say from 2to
q ahilliaes per quarter advance on the wee
= Maize participated in the improvemer
J" peicsa rising I pence per quarter. The
has been very large busio-sa done in II
vasd wheat, priseiPally California and r
10 winter American, for both Of which !
OF quotations. Indicate an advance Of full!