THE FARMER'S MAGAZINE. 



83 



Galatz, on the Danube, first quality wheat was 

 held at 42s. ; Ibraila and Kalafat at 43s. 8d. per 

 qr. At Odessa the best soft wheat was about 55 s. 

 per qr. Crops were promising in this neighbour- 

 hood, and markets had a downward tendency. At 

 Trieste a good deal had been doing, Banat wheat 

 bringing 58s. Sd., and Berdianski 65s. 6d. per 

 qr. Prices in Leghorn had fallen about 5s. per 

 qr. ; still, Polish wheat was quoted 55s. per qr. 

 The market was in rapid decline at Algiers, in 

 consequence of fine harvest weather; but, with 

 small stocks, hard wheat, by last advices, was 

 worth 66s. 6d. per qr. All through the French 

 possessions in Northern Africa, a large produce 

 was calculated on ; but nothing for sale was ex- 

 pected earlier than the middle of July, and it was 

 most probable that Marseilles would use up all 

 there was to spare. At New York stores conti- 

 nued light, and prices too high for profitable ex- 

 port. Indiana red wheat was 1 dol. 67c. per 60lb. 

 =56s. 9d. per qr, : choice Southern and Missouri 

 white, 1 dol. 90c. per 60lb.=65s. per qr. The 

 weather in Northern Europe had been rather cold 

 and dry, and quite against a full average of rye, 

 which was the great article of consumption ; and 

 the circumstance was calculated to increase the 

 value of low-quality wheat. 



In Scotland there had been more rain than in 

 the South ; and the weather was very favourable. 

 Accounts from Ireland show that all former fears 

 were at an end, and giving way to satisfaction, as 

 to the progress of the growing crops, which gene- 

 rally looked magnificent. 



The following shows the course of the wheat 

 trade in the Metropolis during the past month : 

 The first Monday opened with good supplies of 

 foreign wheat, chiefly from St. Petersburgh and 

 Cronstadt, and about an average of home 

 growth. The advance with which the previous 

 month closed was then not only maintained, 

 but another shilling gained over previous ratesj 

 though the buoyancy of the former Friday 

 was lost. Foreign sold, without much readiness, 

 at an equal improvement ; and this state of things 

 lasted through the week, with considerable foreign 

 arrivals. Liverpool, on the other hand, wrote the 

 market 2d. to 3d, down per 70lb., with only a 

 retail trade ; and on the following Friday a further 

 fall of 2d, was announced. The country markets 

 generally only experienced a check to the readiness 

 of sales, as the consequence of fine weather ; but 

 Nottingham, Leicester, and Lincoln were Is. per 

 qr. cheaper; and St, Ives, with but an average 

 quantity on show, fell 2s. per qr. The second 

 Monday, with the heavy foreign supplies of the 

 previous week, and fair arrivals of our own growth? 

 liaving but a limited addition of samples from 



Essex and Kent, did not abate the claims of factors, 

 who firmly held for last week's prices, notwith- 

 standing a fine fall of rain. This applied to the 

 foreign trade, as well as English. As the week 

 advanced, foreign supplies fell off greatly, and the 

 confidence of holders increased ; so that, at the 

 close, buyers of fine English, as well as of other 

 qualities, found prices against them. Liverpool, on 

 Tuesday, still showed some depression, a further 

 concession having to be made on samples of Baltic 

 wheat, to the extent of id. to 2d. per 70lb., from 

 the previous se'nnight; but American samples 

 nearly recovered the decline of that day. Friday 

 closed with a firmer aspect, though with only a re- 

 tail trade, at 2d. per 70lb, over previous prices. 

 The country markets evinced some difference in 

 their quotations, being variously influenced by 

 contrary accounts, but the general tone was up- 

 wards; Leeds, Boston, and Manchester being 

 Is, per qr. higher, and Birmingham, with New- 

 bur)', noting an improvement of Is. to 2s. per 

 qr. ; but the Norwich market was so badly supplied 

 that the rise was 3s. per qr. The third week being 

 but moderately furnished, including the samples 

 from Kent and Essex, there was a very lively trade 

 at 2s. to 3s. per qr. more money : foreign being 

 nearly equally improved, but without the same 

 freedom of sales. The only subsequent alteration 

 was an increased firmness on the part of foreign 

 factors, Tuesday's advices from Liverpool did not 

 answer to this state of things, the former week's 

 prices being scarcely exceeded. Friday closed 

 more decidedly against buyers. In the country, 

 generally, there was an upward movement, though 

 Birmingham realized no change, being largely sup" 

 plied. Wolverhampton and Newcastle were only 

 Is. to 2s. per qr. up; but Bristol, Glou- 

 cester, Boston, Hull, and most important 

 places, exactly tallied with the London advance 

 of 2s. to 3s. per qr., and Norwich again, with 

 a retail business, raised prices 4s. per qr. The 

 fourth Monday found a dubious market; 

 factors generally holding for 2s, advance, by 

 which they set their samples aside, and the little 

 business done was at scarcely anything above 

 previous rates, excepting for certain qualities 

 of foreign, which were improved Is, per qr, 

 Wednesday's market proved that Monday's 

 effort to raise prices was unsuccessful, for the 

 trade was excessively dull, at the rates of 

 the 15th, and Friday was nearly as slow, Liver- 

 pool quoted rather lower prices, and generally 

 there was scarcely any improvement to the week's 

 close, the weather being sufficiently forcing to 

 favour the idea of an early harvest. 



As compared with the month of May, supplies 

 have somewhat increased in English qualities, and 



