84 



THE FARMER'S MAGAZINE. 



considerably so in foreign : the increase of Eng- 

 lish has been about 3,000 qrs. as a total, and that 

 in foreign 66,000 qrs., in consequence of the 

 liberal arrivals in the second week. The exact 

 amount of English for the four weeks was 31,593 

 qrs., and of foreign 86,136 qrs. Our anticipations 

 respecting the averages, when at 53s., being then 

 lowest, have been quickly realized, as 60s. has 

 been reached in two months from that time; but the 

 sales noted weekly show 46,757 qrs. moredehvered 

 than at the same period last year in four weeks, 

 indicating the readiness of farmers to avail them- 

 selves of the advance. 



We have again to note some exports, chiefly as 

 the consequence of the continued claims of Spain 

 on the eve of her harvest. They amounted in four 

 weeks to 5,749 qrs. wheat, 829 sacks flour, 1,999 

 qrs. maize, and 1,776 qrs. barley. 



The flour trade has become in an anomalous posi- 

 tion, the town millers not having made more than 

 2s. advance during the month, leaving their highest 

 price 54s. ; while Norfolk qualities have fluctuated 

 considerably, approximating at last to within 4s. 

 of the value of the best town-made samples, the 

 quotations commencing at 45s, and closing at 50s. 

 American sorts have steadily improved in value, 

 leaving off at about 36s, per brl. for fine. The 

 near approach of country-made samples to town 

 flour may be traced to the constant resolution of 

 the millers in London to keep their stocks at the 

 lowest point, and for the same reason to restrict 

 their sales to old customers, it would appear with 

 the hope of forcing down the price of wheat. Thus 

 an increased demand has sprung up for inferior 

 make, and tlie receipts being rather below the 

 average, with little or no help by foreign imports, 

 they have received an artificial value to the extent 

 of the voluntary depression of the best quahties ; 

 but this is a state of trade which will soon right 

 itself, and prove the fruitlessness of small combina- 

 tions to control the value of corn. The price of 

 wheat must necessarily set the value of flour as the 

 labour of manufacture can little vary. The total 

 receipts in four weeks from the country were 63,947 

 sacks, against 71,448 sacks in May, leaving the 

 present month deficient by 7,501 sacks, both 

 months being equally short in foreign, June having 

 only 3,570 brls. and 512 sacks as a total. 



The malting season being past, and the consump- 

 tion of barley generally lessened, the foreign im- 

 portations have just served in London to keep 

 prices from an advance, which must have been 

 extensive without them, the whole month's supply 

 of home-growth being only 818 qrs., and the 

 foreign reaching to 44,986 qrs., which is about 

 6,400 qrs. less than in May. Foreign countries, it 

 would appear, are getting so low in stock that prices 



generally have advanced abroad, and we should 

 not be surprised to see a retail consumption at 

 enhanced rates ; though maize is greatly increased 

 in use as a substitute in this country, and seems 

 likely still to find more favour. The late-sown 

 barley has not hitherto promised well, but the rains 

 must improve it. 



Malt, like barley, has been unvaried in value, 

 with a steady but limited sale. This month there 

 have been 1,472 qrs. exported. 



The past month has had a liberal foreign im- 

 portation of oats ; but the stocks being previously 

 very small, this arrival has only temporarily lulled 

 the markets, without effecting any reduction in the 

 price of really good corn. Our calculation that 

 very short receipts must come from Ireland this 

 season has been fully justified. That country has 

 such slender supplies in her own markets at this 

 advanced period, that nothing but an improved 

 range of prices can tempt shippers to send on any 

 quantity. From Scotland, also, a mere trifle comes. 

 Of English growth the arrivals are quite insignifi- 

 cant ; so that Holland, Hamburgh, and the Baltic 

 must be our dependence till the Archangel 

 shipments come in; and any serious or long- 

 continued decline, even on a glut or two, seems 

 impossible. The crop is just saved by the late 

 bounteous rains, or it must have been very deficient, 

 and the crop of hay being, as far as yet carried, 

 much lighter than expected, will serve to keep up 

 prices. The imports into London in four weeks 

 have been 1,491 qrs, Enghsh, 41 qrs. Scotch, 2,600 

 qrs. Irish, and 164,531 qrs. from abroad. 



Beans, as well as barley and oats, have not 

 varied through the month, and as the great source 

 of supply — Egypt — has not hitherto been making 

 shipments, and cannot till the new crop gets in, 

 which commences at high prices, there seems no 

 chance of the rates giving way ; indeed, Alexan- 

 drian ai'c already held for Is. per qr. more money. 

 The imports have been 1,968 qrs. of home-growth, 

 and 2,080 qrs. foreign, in four weeks, which is 

 about half the Enghsh supply in May, and double 

 the foreign, though on the whole less than then by 

 about 1,000 qrs. 



In peas the trade has been quite retail, and 

 prices have therefore been nominal, excepting for 

 maples, which, from their great scarcity, and the 

 fact that foreign of this quality are scarcely ever 

 imported, have remained at 50s. per qr., which is 

 6s. per qr. higher than the value of boilers for 

 human food. The last month has brought a store 

 of these from the Baltic, to wait till the autumnal 

 demand comes on. The total quantity of English 

 peas, for the four weeks, has only been 197 qrs., 

 while the white foreign has amounted to 6,820 qrs. 



The linseed trade has become limited, as the 



