Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1880-09-08
London Letter.
LONDON. Eng, Aug. 10. 1880.

LONDON. Eng, Aug. 10, 1880.
An inspiriting and highly beneficial
change occurred in the weather at the
commencement Of last week. and the bril-
liant sunshine which has subsequently
prevailed has, to some extent. relieved the
farmers anxiety with regard to his wheat
crop. Under far more favorable conditions
than appeared ten days ago harvest has
now commenced. and the reaping ma
chimes have been busily engaged on the
wheat fields throughout the southern coun-
ties. The probable early deliveries OF new
English wheat and the heavy shipments
from America have caused trade at Mark
Lane to move within very narrow limits,
and the same causes have also affected the
provincial markets; although in the latter,
harvest time is always period of inacti-
witty. Some indications of future values
may possibly be shown this week, but it
will he some days before the arrivals of
the new crops will be sufficient to furnish
reliable grounds upon which to form an
opinion. The range of value Of English
wheat is not determined only by the yield
or quality of the crop. but is also DEEPEN
dent, in great measure, on the total re-
quirements of the various European coun-
tries which need to supplement their native
growth with foreign imports, as compared
with the surplus available for shipment in
America, Russia, and other grain-export-
ing territories. Taking all things into
consideration there is. unfortunately, little
hope for the farmers of high prices during
the coming season. seeing that harvest
prospects in northern Europe are far more
promising than was the case last year ;
while Americas yield has probably eclips-
ed all her previous efforts in the production
of wheat.
The complaints recently made in France
on the score of rain weather have been
considerably modified during the past
week, as the storms have been succeeded
by sunshine, and harvest has proceeded
rapidly. The quality of the new wheat is
however. variable; but it is questionable
if the crop has suffered much in point Of
T quantity. There was an increased supply
, of new wheat at the Paris market on Wed
nesday. The weather in Germany was
, very unsettled at the beginning of the
week, and wheat, cutting was retarded by
heavy rain; but during the past few days
, a more favorable state of things has pre-
vailed and a good commencement o.
in the Saae has been secured in good con
dition, while the quality of the grain is
considered to be fully equal to last years.
crop.
At Hamburg, quietude has characterized
the wheat trade, and as present prices
show no margin for expectation, the de
mand has been entirely confined to the
wants of local consumers. A few parce Il
of new Austrian barley for delivery il
September have been taken for English
account at 38s., free on board. There ha!
been an active inquiry for spot wheat a
Berlin, which may be expected to las
some little time longer, in consequence o
the delayed harvest and the exhaustion o
inland stocks. Term wheat has rendered
downwards. owing to the dull exports re
ceived from western Europe. Rye ha
been in request, especially for the late
periods Mt an advance of to 2 marks. Ir
Roumsnia the weather has been exceed
ingly hot, and the cutting of wheat, rye
and barley has terminated. New grair
has been offered so sparingly at Gslatz tina
quotations have been difficult to fix.