410 



The cause of this indecisioa, doubtless, was the general uncertainty in 

 regard to the extent and immediate availability of foreign supplies 

 As the news from America and Australia became more indicative of 

 large yields in those quarters, and as the first reports of depressed yields 

 in Eastern Europe were modified by subsequent advices, the tone of 

 English farmers and holders became less confident and the hope of a 

 remuneration for short crops by higher prices was reluctantly surren- 

 dered. liie English wheat-farmer has no very cheering prospect of re- 

 covering the losses of the last few years. The French farmer has but 

 little, If any, more encouragement than his English neio-hbor 

 tr.^7 Q?Q^^^ of English wheat during the last week in August amounted 

 to 37,979 quarters, at 53s. per quarter, against 28,027 quarters, at 57s. 2d. 

 during the corresponding week of 1874. The London averages were 

 5^s. 4.d. on 1.084 quarters. The imports into the United Kingdom during 

 the week ending August 21 amounted to 1,568,046 hundred- weights 

 The fol owing week opened in Mark Lane, London, upon a small supply 

 of Enghsh wheat, but with large foreign arrivals, more than half of 

 which were from America. Both foreign and native had given way and 

 prices fell off from 1 to 2 shillings per.quarter, with a very limited trade. 

 Essex and Kent, white, brought 42s. to 53.9. per quarter; ditto, red, 42s. 

 to 49s. ; Norfolk, Lincolnshire, and Yorkshire, red, 42s. to 49s Of for- 

 eign wheats, Dantzig mixed was quoted at 53s. to 57s. : Kouigsberg, 



thi J^oo V .^^''''fe ^^'' *^ ^^V ®^^^"^^"' ^^^^' 47^- to 50S.T ditto 

 white, 50s. to 53s.: Pomeranian, Mecklenberg, and Uckermark, red 



48s to 50s ; Danish and Holstein, red, 45s. to 50s. ; American, red, 46s. 

 to 50s.; Chilian, white, 51s.; Californian, 53s. ; Australian, 52s. to 56s. 

 In Liverpool, Canadian white wheat, August 27, was quoted at lis. dd. 

 to llsM. per cental; red club and golden drop, 10s. M. to 10s. lid • 

 American white, lis 3^. to lis. 6^. ; ditto, No. 1 spring, 10s. M. to 10s. u!-, 



.n'in'''i?''"oV?Ti^' }t *^^^^'- ^^- ' Egyptian, Ss. 6d. to lis. 6d. ; Califor! 

 man, lis. 2d. to H*. 10^. ; Oregon, lis. 7d. to lis. dd. ; Chilian, 10s. lid. to 

 lis. ; Australian, lis. 9d. to 12s. 



In Paris, wheat ranged from 44s. to 50s. per quarter. The Journal 

 Pratique d'Agriculture, of August 19, gives the average price of the 

 French wheat-markets at 26.47 francs per quintal, a rise of 24 centimes 

 Irom the previous week's quotations. The highest regional average— 

 28.34 francs— was in the southeast; and the lowest— 25.10 francs— was 

 m the northwest. During the week ending August 28 six French coun- 

 try-markets had advanced ; 32 were reported from calm to firm ; 56 had 

 declined and 8 others showed the same tendency. The center and west 

 had marketed the largest amount of grain. Tenant-farmers were es- 

 pecially anxious to realize money for their rents, which generally fall 

 due at Michaelmas. Marseilles was paying 47s. 6d. per quarter for Ghirka 

 wheat, and 43s. 10^. for Varna. Of 91 vessels with Black Sea wheat 69 

 were lor Marseilles and 16 for England. At Bordeaux, old wheat was 

 held at 47s. dd. per quarter and new at 45s. At Brussels, native wheat 

 bt-ought 51s. and foreign 49s. per quarter. At Hamburgh the new wheat 

 offerings were very fine, weighing 60 pounds per bushel, and bringing 

 o3s. to 54s per quarter. At Berlin and Saint Petersbirg, wheat was 

 quoted at 46s., and at Buda Pesth, in Hungary, at 47s. 



Flour.— In London at the opening of the last week'in August there 

 was but a smal supply of English flour, but a good supply of foreign, 

 mostly in barrels, betraying its American origin. A paralysis seemed 

 to have come upon the trade, which improved very slightly, if at all, 

 toward the close of the month. The best town-households ranged from 



