172 



THE FARMER'S MAGAZINE. 



Hull an equal incrense; Liverpool has been out of all pro- 

 portion to former years, causing that port for a long time to 

 be relatively the cheapest niarliet, and numerous trauship- 

 ments were made thence, which included cargoes as well lor 

 the East coast of United Kingdom, as also for Belgian and 

 Dutch ports, and for America. 



The imports of the working season, namely, July to June, 

 of each following year, have been as annexed : — 

 18-48-9, 50-51,51-52 700,000 qrs. 1855-56 . . 644,000 qrs« 



1849-50 600,000 „ 1856 57 .. 1,108,000 „ 



1852-53 825.000 „ 1858-59 .. 1,214,063 „ 



'63-4,4-5, 7-8 .... 1,000,000 „ 1859-60 ,. 1,318,536 „ 

 And 1860-61 will show a further increase, probably bringing 

 up the total to more than 1,430,000 qrs. 



The 350,000 qrs. imported into London consisted of 

 315,000 qrs. from East Indies, 21,000 qrs. from Black Sea, 

 3,000 qrs. from Archangel, and the remaining 11,000 qrs., 

 from Alexandria, Baltic, and sundry other ports. 



The re-export from England amounted to 125,000 qrs. 

 against 100,000 qrs. in 1859, 130,000 qrs. in 1858, and 

 30,000 qrs in 1857. 



The aggregate into the United Kingdom is made up of 

 about 250,000 qrs. from Bombay, 300,000 qrs. from Calcutta, 

 165,000 qrs. from Petersburg, 32,000 qrs. from Archangel, 

 115,000 qrs. from Eiga (including about 20,000 qrs. sowing 

 seed), 60,000 qrs. Lower Baltic, Alexandrian, and other Me- 

 diterranean ports, and sundries. The Black Sea cargoes 

 calling at Falmouth for orders consisted of about 460,000 

 qrs., which were discharged as follows : — Hull 165,500 qrs., 

 Grimsby 34,600, London 21,450, Ipswich 15,500, Liverpool 

 13,600, Southampton 13,000, Boston 10,600, Gloucester 

 10,500, Newcastle 10,100, Leith 8,950, Lowestoft 8,100, Yar- 

 mouth 7,300, Rochester 6,100, Lynn 5,550, Dover 3 450, 

 Dublin 2,750, Cardiflf 2,600, ; 180,000 qrs. went to Belgium, 

 10,000 to Holland, and 6,000 to France. 



The direct export from the North of Russia to Continen- 

 tal ports has again largely increased, consisting of 30,000 qrs. 

 from Petersburg, 25,000 from Archangel, 60,000 from Riga, 

 and about a similar quantity from Memel, Konigsburg, &c. ; 

 also some 50,000 qrs. of Sowing Seed from Riga; the total 

 showing an excess of about 25,000 qrs. when compared with 

 1859. 



Linseed Oil. — There has again been an active trade 

 done in this article, and, considering the enormous number 

 of speculative transactions, prices exhibit an unusual de- 

 gree of sieadiness ; this is probably attributable to the wil- 

 lingness of crushers to enter into forward contracts ; 

 because, knowing the proverbial uncertainty attaching to 

 linseed oil, they are always eager to secure a marginal price 

 to remunerate them for working expenses, looking more to 

 cakes than to oil for profit. When our last annua! circular 

 was issued, £27 10s. was the quotation; and for the first 

 four months of the year it scarcely varied 5s. per ton, the 

 supply being very large, and the low price inducing an 

 equally large demand. By the end of April the incessant 

 inquiry for future deliveries, at about £29 per ton, had drawn 

 up the spot price to £28, and between then and the middle 

 of June a further 5s. per ton rise was established, and an- 

 other 5s. by the end of the month, £28 10s. being then the 

 exact quotation. July showed oil to be scarce, which need 

 not be wondered at, with the short make then going on, and 

 the enormous export which had taken place up to that 

 period. In August the continued short make of oil, and the 

 reported bad result of the continental rape harvest, caused 

 considerable inquiry (chiefly on French account), both for 

 ready oil and likewise for future deliveries, and the value 

 rose rapidly to £31. This rise was partly lost in Septem- 

 ber, owing to re-sales to secure profits, and our markets 

 became decidedly flat at £30. In October an abortive at- 

 tempt was made to re-establish August prices, and ^£31 was 

 paying for a few days, but by the end of the mouth the de- 

 mand was so slack, £30 was again with difficulty got. A 

 further decline of 20s. per ton followed in November, since 

 when we have had a large and steady business doing at un- 

 altered rates, namely, £29. The future course of prices de- 

 pends entirely on the export demand, and to ensure a con- 

 tinuance of it upon a sutticiently large scale to prevent ac- 

 cumulation of slocks, it seems a low price is indispensable; 

 we are not likely therefore, we think, materially to vary the 

 current rates during the ensuing spring months. 



The export has again increased by 5,000 tons, being about 

 35,000 tons, against 30,000 tons in 1859, 26,000 tons in 

 1858, 16,250 in 1857, 28,000 tons in 1856, and 17,500 tons 

 iu 1855. 



To-day we are flat, at a decline of 5s. to 10s. per ton upon 

 last month's quotations. 



LiNSEEDCAKES. — The destruction of turnips by the frost 

 last winter, together with the scarcity of all feeding stuffs, 

 and the subs' quent ungenial summer weather, caused a pro- 

 gressive improvement in the value of this article, the rise 

 at present being fully £2 per ton over our quotations of last 

 January. The first two causes being still in existence, and 

 indeed to a greater degree, we doubt not prices will be main- 

 tained, and as the season advances, and stocks necessarily 

 become diminished, there may probably be further improve- 

 ment. Town-made in January were flat at £9 5s. per ton, 

 but towards the close of the month improved 5s. to 10s. 

 per ton, and during February, March, and April were in 

 great request at £10 to £10 10s. In May v, e had a 

 slack demand, and as dealers would only buy to meet 

 pressing wants, the value receded to £9 10s., which also was 

 the price in June and July, accompanied by very slow 

 sale. In August prices rallied to £\0 to ^610 10s. again, 

 and the trade continued active thereat all through Septem- 

 ber and October, whilst in November a further rise of 20s. 

 was established, and value stood at it'll to £]2 per ton. 

 During last month the inquiry was slack, without, however, 

 altering the rates : but for the last few days renewed demand 

 gives every indication of still higher prices tor the remainder 

 of the season. 



Of foreign, the import is again very large, and will be 

 found to have exceeded 100,000 tons. The year opened 

 with a dull trade at ^69 5s. for New York bags, and £9 12s. 

 6d. barrels; but towards the end of January, stocks running 

 short, prices advanced £5 per ton, and during February the 

 consumption was so great, a fuither rise was established 

 of 15s. per ton, £\0 5s, being paid for bags, and i£10 

 12s. 6d. for barrels. In March and April supplies being 

 very liberal, the valued remained stationary, with symptoms 

 of a decline towards end of latter month. In May, iu face 

 of continued heavy arrivals, dealers bought as sparingly as 

 possible, and prices dropped 10s. to 15s, per ton. Early in 

 June a further fall of5s. perton took place, and this in- 

 duced buyers to operate pretty freely again, the value im- 

 proving by end of the month to £9 lOs. for bags, and £9 15s. 

 barrels. July and August brought a good demand, which 

 increased towards end of the latter month, and importers 

 were enabled to obtain a further advance of 15s. perton; 

 this improvement continued and increased throughout Sep- 

 tember and October, bringing up the value of bags to £l\, 

 and barrels i'll 10s. At this time, also, a very large busi- 

 ness was done in Marseilles Cakes for sliipment at £9 5s. to 

 10s. c. f. and i., and ±'10 free delivered. In November we 

 had a brisk business doing, and 10s. per ton more money 

 paid, but during the past month there has been the cus- 

 tomary Blackness in the trade, and prices have given way 

 5s, to 7s. 6d. per ton; this fall, however, seems in a fair way 

 of recovery, for to-day we have had numerous inquiries at 

 ^11 58. to .£11 10s. for American bags, and £11 15s. barrels; 

 also at agio 10s. for Marseilles. 



Rapeseed and othee Oil Seeds, — The import of these 

 articles has greatly diminished as compared to 1859: the 

 re-export, however, showing a proportionate decrease, the 

 actual consumption in this country has probably not varied 

 to any considerable extent. 45s. per qr. was the price of 

 average Calcutta in January last, and owing to very light 

 imports at first, and afterwards to the bad prospects of the 

 Continental Rapeseed crop, and subsequently the bad con- 

 dition in which it was harvested, the article gradually im- 

 proved in value to 60s., at which rate, with but trifling fluc- 

 tuations, it has been steady for some months past. The 

 quantities in warehouse, and afloat, are very small, proba- 

 bly not exceeding 40,000 qrs., or less than one-third of last 

 year's stock. Fine 13ombay Guzerat is worth 68s. ; Poppy 

 Seed 60s., Niger 50s., Teel, Sessame, Sursee, and Gingelly 

 60s. to 65s., according to quality ; the prices of each (except- 

 ing Poppy) being all hut nominal. 



Rape Oil has been largely dealt in since our last, numer- 

 ous speculative transactions being induced by the uncer- 

 tainty regarding the Seed harvest, and the known short 



