The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1881-07-02
London Letter.

LONDON, June -, 1881.
brilliant summer weather has obtained
throughout the past week. Under high tenn,
peraturc by day and by night the wheats have
made strong and healthy growth, but all other
crops have been making very slow progress,
excepting in such districts as may have been
favored with copious thunder rains. y steady
rain fell yesterday and during the night, and
this morning also opened with rain This
will greatly help all crops. There is now a
marked scarcity of native samples IN nearly
all provincial exchanges, and there appears to
be good reason for believing that only small
portion Of the crop of 1880 Hmains to be mar
keted Nevertheless, prices as rule remain
unaltered, and the attempt to obtain improved
rates IN London on Monday last was signal
failure, and on Friday less money had to be
accepted in order to effect rates. Good En-
glish red wheats are more inquired for than
whites, as the bulk Of the foreign supply now
consists Of white sorts. English flour main.
tans former currencies, but the sale continues
tedious and unremunerativc Very little ma.
tive barley is now on Offer and prices remain
unchanged. Malt comes forward freely, and
with continuance of hot weather an improve.
ment in the demand may reasonably be cx.
pected; there Is still an appreclable amount
of old malt in the country. Hitherto brewers
requirements have been on smaller scale than
usual; whether from areduced spending pow.
er on the part of the people, or from the spread
of the temperance movement, or from both
combined, is not qute clear; but such has
been the case.
The trade in foreign breadstufs has been
selling weaker all the week on Friday IN Lon
don most descriptions of foreign whcats were
cheaper to buy, sales being for the most part
impossible unless a concession of some sort
was made. The supply to the port Of London
has again been moderate, 4G404 qrs in all,
and Of this quantity not grain came from the
United States, and only 1904 qrs. from Cana
da whilst from Australia and New Zealand
there were 36,094 qrs. of the new crop, and
S,40G qrs from India. The quality of the
Australian wheats is excellent Foreign flour
has again been in small supply to London,
only 10, 1865 sacks and 424 barrels having
come to hand during the past week, chiefly
from the Unled States and Canada. OF the
wheat ailoat $4,000 qrs are from California,
$50, 900 qrs. from Australia and New Zealand,
90, 900 qrs from Chill, g. 800 from Russia, 81
500 from India and Egypt and GG500 qrs. from
the Atlantic ports of the United States The
floating bulk from California and Oregon now
gets gradually smaller, the figures this week
standing below one million Qrs. for the first
time IN many weeks past. There have been
twenty-One wheat laden vessels arrive at ports
of call during the week, of which eight are re-
ported to have found purchasers. There are
about thirty due to arrive during the present
week
During the week 22,SS3 qrs. have been re.
ceived In London via the Mississippi routc,
and from this time forward the receipts cred
tied to New Orleans may be expected to get
larger and larger.
On the continent of Europe grain markets
have, as rule, been dull and without change
in value. In Paris, wheat for consumption is
ten cents cheaper. Crop prospects, generally,
are favorable.