THE FARMER'S MAGAZINE. 



165 



31,000 qra. ; St. Petersburg, 9,000 qrs. ; Black Sea, 6,500 

 qrs. ; Archangel and Simdries, 3,500 qrs. At Hull there 

 are 60,000 qrs., in addition to about 3.5,000 qra. in the Milla ; 

 and at Liverpool, 20,000 qra. Afloat there are 340,000 qra. : 

 that is to say (iucludiup; the cargoes already on the coast, but 

 uot yet arrived at their destination), 190,000 qts. of Blaok 

 Sea, 12 ),000 qra. Calcutta; 20,000 qrs. Bombay •, and 10,000 

 qra. Alexandria, St. Petersburg, and auiuiriea. 



The import into London is in excess of any former year ; 

 but the large quantity transhipped to Hull, say 50,000 qrs., 

 and re-export to various Continental places, about 150,000 

 qrs., leaves us with a much less quantity than usual for con- 

 sumption in this district. The aggregate into the United 

 Kingdom will be found uot to vary much from last year. 

 Sulijuined are the respective returns : 



IStl .... 303,461 qrs. 1850 .... 608,934 qrs. 



1842 .... 367,700 1851 .... 630,471 



1843 .... 470,539 1852 .... 799,402 



1844 .... 616,947 1853 1,035,335 



1845 .... 656,793 1854 .... 828,513 



1846 .... 506,141 1855 .... 756,950 



1847 439,512 1856 1,180,179 



1848 .... 799,650 1857 .... 1,051,113 



1849 .... 626,495 1858 about 1,000,000 

 The quantities made up from Ist of July to the 30th Juue, 



in their respective years, sum up aa follow, namely, in sea- 

 sons: — 



1843 to 1852 700,000 qra. 1854-55 . . 1,006,000 qrs. 



1849-50 600,000,, 1855-56 .. 644,000 „ 



1852-53 82.5.000,, 1856-57 ..1,100,000 „ 



1853-51 1,030,000,, 1857-58 ..1,053,622 „ 



1858-59 will probably be 1,200,000 qrs. 



Into London the supplies were furnished from the under- 

 mentioned places :— 55,000 qrs. Bombay; 203,500 qrs. Cal- 

 cutta ; 440,000 qrs. Black Sea; 8,500 qrs. Baltic ; 3,500 qrs. 

 Archangel ; and 4,500 qra. Alexandria. The re-export is the 

 largest yet known, consisting altogether of about 150.000 qrs. 

 against 30 000 qra. in 1857; 45,000 qrs. in 1856; and 130,000 

 qrs. in 1855. 



Each year varies the total supplies moat curioualy ; the 

 excess this time coming chiefly from the East ludies, balanced 

 by the falling off from the Baltic and Archangel. Calcutta 

 supplied 270,000 qrs.; Bombay, 160,000 qra.; St. Peters- 

 burgh, 120,000 qrs.; Archangel, 28,000 qrs.; Riga, 70,000 

 qra. ; Memel, Lower Baltic, &c., Alexandria and suudriea, 

 about 60,000 qrs. The Black Sea cargoes amounted to 

 410,C93 qrs., discharged as undernamed : Hull, 134,250 qrs. ; 

 Lindou, 41.920; Grimsby, 37,550; Ipswich, 12,450 ; Dover, 

 10,850; Southampton, 8,650; Yarmouth, 7,500 ; Lowestoft, 

 7,400; Leith, 5,700; Lynn,3,850; Gloucester, 3,575 ; Liver- 

 pool, 3,500; Dublin, 3,300; Boston, 3,100; 102,000 qrs. 

 went to Antwerp; 5i),400 to Amsterdam and Rotterdam, aud 

 1,700 to Dunkirk. 



Very little direct export took place this year from the north 

 of Russia to the continent, only about 85,000 qrs., or little 

 more thau half that of 1857. St. Petersburgh supplied 21.000 

 of it; Archangel, 22,000; Riga, 25,000; and Memel and 

 sundries, 17,000; Riga also shipped 62,000 qrs. of Sowing 

 Seed, about 25,000 qrs. to Ireland, and 37,000 to Belgium, 

 &c. 



Linseed Oil tried very hard during the first few mouths 

 of last year to reach £30 ter ton, but it was uot successful 

 until eud of April. After that it ruled at an average of about 

 £33 until middle of October ; since when the course of prices 

 has been almost identical with those of the first three or four 

 months. The prices opened at £29, aud reached £29 153. a 

 few days afterwards ; but the rise brought out several lots of 

 warehoused Oil, and the advance was at once lost. In Feb- 

 ruary the market was sick at £28, and an occasional sale at 

 even less. Oil was found scarce in March, and improved to 

 £29 10s. ; but when April arrived, it had again receded to £28 

 10a. Some conaiderable purchases were made at this time for 

 the American market, and a rise of £3 per ton was established 

 early in May, and a further advance to £33 lOs. as the month 

 progressed. A alight reaction followed during June, but in 

 July pricea recovered, and the highest price of the year 

 was paid, namely, £34 lOs. up to £35, for future monthly 

 deliveries. Until now forward prices had generally ranged 

 from 20§, to 30s, per toa in advance of the yalue on 



the spot, but since this date there has scarcely been any 

 difference between tliem. During August very little was 

 doing, and £,'54 to L'M) the quotation. In September prices 

 gave way, in consequence of^ heavy resales of oil bought some 

 time previously on continental account for forward deliver- 

 ies, and £31 10s. was the value at the end of the month. 

 Before October had passed, £2i) 10s. was again the figure, 

 and early in November it sold at £28 ; but from then until 

 now, £29 to £29 10s., and an occasional attempt at £30, has 

 been the price, with a large and steady trade. The export 

 demand has kept stocks in a very narrow compass, that oil 

 is not plentiful ; and although during the last :'ew days the 

 tendency has been to improvement, the make is ao large, 

 and the unwillingness to hold .stock so great, the slightest 

 cessation of that demand causes a relapse. Throughout the 

 year the character of the trade has been most legitimate, 

 singularly marked by an absence of speculation. Within 

 the last two or three weeks, however, a little of the old 

 leaven (so natural to dealings in this article) is showing it- 

 self, recalling to mind the good old speculative times of 

 1855 and 1S56. Some contracts have been entered into for 

 delivery, the ensuing twelve months, the price being £30, 

 and considerable engagements are likewise open at about 

 this price for deliveries up to June next. The Government 

 returns we expect to show an exportation nearly equalling 

 1856, namely, 28,000 tons; in that year a large proportion 

 went to Germany and the United States; but this year, 

 France, Holland, and the Mediterranean have absorbed the 

 bulk of it. In 1857 the export was 16,250 tons, in 1856 

 28,000 tons, and in 1855 17,500 tons. The prospects of the 

 seed market are likely to keep prices steady the next few 

 months ; but if our anticipations as to supplies in July are re- 

 alized, we may look after then for an average more assimila- 

 ting to that of the period antecedent to the war with Russia. 

 The v.alue to-day is £30 in all situations. 



Linseed Cakes. — Town-made have scarcely varied in 

 price for the last two years; £10 to £10 10s. was the value 

 in 1857, and £10 10s. to £10 has been the price of 1858 ; a 

 little below during the mid-summer months, and a little 

 above during the drought of August and September. The 

 consumption, however, has been much curtailed of late, owing 

 to its high relative value to wheat, and consumers have 

 actually been giving their cattle this article in preference to 

 cakes, finding it more economical to do so. The value of 

 meat will probably assist to maintain prices to the end of 

 this season ; but unless we have a greatly improved state of 

 things in Mark-lane, we must not expect the present quota- 

 tions to hold after next spring. 



The import of Foreign Cake during the past year will 

 be found short of 1857, by about 25,000 tons. The trade 

 opened in January with an active demand for all descrip- 

 tions, which continued throughout the month, the quotations 

 being £10 10s per ton New York barrels, £10 for bags; 

 Western American, £9 5s.; and Square Marseilles, £8 123. 

 6d. c. f. i. Early in February the market was quiet, but 

 arrivals being short and stocks reducing, there was more 

 activity towards close of month, and previous rates freely 

 paid. The demand continued throughout March, and 

 but for the timely arrival of large supplies, prices must have 

 advanced, as stocks had become exhausted. During April 

 we had a good demand, and sellers giving way slightly to 

 save landing charges, buyers were induced to purchase 

 largely. In May a further reduction in price took place, 

 consequent upon the large arrivals during that month, the 

 quotations being £9 15s. ex ship for barrels, and £9 10s. 

 ba»s ; Western, £9. Towards the end of the month, how- 

 ever, the demand continuing, and with diminished supplies, 

 we advanced 5s. per ton on all descriptions, and throughout 

 June tliis advance was maintained. Early in July we had 

 • piiet trade, but afterwards more inquiry ; the imports 

 then rea-uined small, and no stocks in warehouse, an im- 

 provement in value followed, and £10 10s. to £l0 15s. was 

 realized for barrels; bags, £10 5s.; Westerns, £9 15s. 

 During August, prices were again in sellers' favour, from 

 same cause, and a further advance of 5s, and, in some in- 

 stances, 10s. per ton obtained. In September we were firm, 

 but towards the close there was less activity, as also in the 

 early part of October. The small supplies, however, kept 

 prices steady, but at the end of the month they gave way 

 agaia 5s, per ton, and during all Noyember and December 



