328 



FOREIGN MARKETS. 



Wheat.— The month of June in Europe was capricious and variable, 

 ihe early outburst of summer weather in several countries was succeeded 

 by a recurrence of low temperatures, with even frosty nights The 

 weather however, recovered its summer character toward tlie close of 

 the month. The variant prospects have caused much speculation in 

 J^ngland as to the outcome of the growing crops, and considerable un- 

 certamty caused dealers, on the one hand, to refuse to advance prices, 

 while farmers seemed equally determined to hold on for better prices 

 Advices from foreign crops, and especially the June report of the United 

 States Departmenrof Agriculture showing the promise of the growing 



ZZ n thf f ^'^1^^ Tf;,^^^ '^""'^ ^^, ^^ ^^^"^S«' ^^l^^^d ^^^ game moil 

 fully in the hands of the farmers, although the English crops were in 

 very favorable condition. Several local markets sent up wheat Is per 

 quarter before the London market gave the signal. A subsequent fur- 

 ther rise ot Is. per quarter has since been noted. A rising market is 

 noted in Belgium, Holland, and some provinces of Germanv The 

 drought in Russia and Hungary was expected to raise prices in those 

 large wheat-producing countries, hence commercial authorities in Mark 

 Lane had concluded not to rely upon the prevailing low rates. The dis- 

 asters in France added to this tendency. The sales of English wheat 

 during the week following June 18 amounted to 42,253 quarters at 42s. 

 bd, agamst 29,92o quarters at 60s. 8d. during the corresponding week of 

 IbU. The Loudon averages were Us. lOd. on 818 quarters. The im- 

 ports into the United Kingdom during the previous week were 733 607 

 cwt. In Mark Lane, Essex and Kent white were quoted at 43s. to 48« 

 per quarter ; ditto red, 41s. to 43s; Norfolk, Lincolnshire, and Yorkshire,* 

 41s. to 43s. Of foreign wheats, Dantzig mixed brought 49s. to 53s • 

 Konigsberg, 45s. to 52s. ; Rostock, 44s. to 47s. ; Silesian red, 42s. to 44s' • 

 ditto, white, 4os. to 48s.; Pomeranian, Mecklenburg, and Uckermark 

 red 43s to 4ds. ; Ghirka, 41s. to 42s. ;' Russian, hard 39s. to 42s.TsIx- 

 onska 42s. to 44s ; Danish and Holstcin, red 40s. to 45s.: American 

 red, 40s. to 42s. ; Chilian, white, 40s. to 45s. ; California, 46;.7 AuS 

 lan, 47s. to 48s. In Liverpool, Canadian brought 9s. to 9s. 4^7. per cen- 

 tal; Kea club, 8s. 9d. to 9s. ; American white winter, 9s. 3d. to 9s. 6d • 



Wll ?f\fh\ ^^^^,.?^- »^- 5 ^«- 2 spring, 8s. 2d' to 8s. M. ; exti^a 

 Saidi s 9d to 8s^; California, 8s. lOd. to 9s. dd.; Oregon, 9s. 5^. to 9s. 

 id. ; Chilian, 8s. lOd. to 9s. ; Australian, 9s. 5d. to 9s. 8d. In Paris, with 

 plenty of offers, prices were unaltered at 40s. to 4Gs. per quarter. The 

 market closed hrm on account of the rains. 



Flour —The imports of flour into the United Kingdom during the 

 week ending June 19 amounted to 58,648 cwt. The week opened in 

 wTo.,. "in"^'?'' ^. moderate supply of English flour with small stocks of 

 foreign Ihe best English town households were quoted at 36s. to 40s 



fS h oo ^'T''ia ' ^^^^ '''^''''^''^ households, 30s. to 32s. ; Norfolk and Suf- 

 loik, -ys. to 30s. ; American, per barrel, 21s. to 26s. 



In Liverpool, English and Irish superfines brought 30s. 6d. to 32s. per 

 280 pounds; ditto, extra, 32s. Gd. to 34s.; FreSch, 36s. to 42s. 6d.: 

 uil!?^ ' Q f • i"" ""^i"' ' Spanish, 34s. to 38s. ; Chilian, 30s. to 33s. 6d. ; Cal- 

 iiornian, 34s. to o6s. ; American, western and extra State, 20s. 6d. to 21s. 

 per barrel; Baltimore and Philadelphia, 20s. 6(?. to 22s. 6d ; Ohio and 



