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FOREIGN MARKETS. 
WHEAT.—The latter part of May and the first half of June ‘in the 
United Kingdom were marked by alternate sunshine and shower, which 
told very favorably upon the prospects of growing crops. The cold, 
backward spring has not injured the grain erops to anything like the 
extent that was anticipated, and vegetation generally appears to be 
vigorous and healthy. Warm raius about the close of the first week of 
June were quite general throughout the British Isles. Yet, even with 
the immense improvement in the conditions of growth, the more san 
guine scarcely dare hope that the lost lee-way of the cold, backward 
spring will be recovered, though the wheat covers the ground very. 
thickly and seems to be growing finely. French crops present the same 
favorable auguries, with a still greater probability from the fact that the 
continental climate is less subject to extremes than the insular one of 
England. The temporary settlement of the difficulties growing out of 
the eastern question, and the growing hope of a final pacificatiou in the 
Turkish peninsula has dispelled much of the anxiety which gave a 
specially painful interest to the crop prospects. These cheering indica- 
tions, agricultural and political, have quieted the tone of the markets, 
especially as the large supplies arriving daily from America and Russia 
gave present and substantial tokens of a sufficient supply of breadstuffs. 
The indications of growing conditions up to the very time of harvest 
will doubtless more or less affect prices, but there are no indications 
that the prices of wheat will be very greatly disturbed during the in- 
tervening period. In Germany the improvement has been especially 
marked, and the appearance of wheat-fields is very encouraging. Timely 
rains have fallen in the low countries, giving a quietus to the specula- 
tive uneasiness that had begun to show itself. In Austria, the fine 
weather had given a downward tendency to prices. In Algeria, the 
harvest had been secured in good order, and cereal crops were reported 
as quite satisfactory. In Egypt, the market for wheat was dull and de- 
clining for all except the better sorts. Fine rains in Australia had set 
the tarmers to plowing, and hence the marketing of wheat was less rapid 
than previously. 
The sales of English wheat during the week closing June 17 amounted 
to 40,330 quarters, at 47s. 4d. per quarter, against 37,634 quarters, at 41s. 
11d. during the corresponding week of 1875. The London averages 
were 49s, 1d. on 1,992 quarters. The imports during the week ending 
June 10 were 1,004,682 ewt. 
The market openedin London, Monday, June 12, with considerable firm- 
ness, notwithstanding the fine weather and the large arrivals of foreign 
wheat, amounting to 40,080 quarters, mostly Russian. Essex and Kent, 
white, brought from 45s. to 52s. per quarter; ditto, red, 40s. to 48s.; 
Norfolk, Lincolnshire, and Yorkshire, 40s. to 46s.; Dantzig, mixed, 52s. 
to 55s.; Konigsberg, 50s. to 54s.; Rostock, 50s. to 53s.; Pomeranian, 
Mecklenberg, and Uckermark, red, 48s. to 51s.; Ghirka, 44s. to 45s.; 
Russian, hard, 45s. to 46s.; Saxonska, 46s. to 47s.; Danish and Holstein, 
red, 46s. to 49s.; American, red, 44s. to 54s.; Chilian, white, 49s.; Cali- 
fornian, 51s.; Australian, 52s. to 55s. 
At Liverpool British white wheat (June 16) was quoted at 9s. 8d. to 
10s. 4d. per cental; ditto, red, 9s. 4d. to 10s.; Canadian white, 9s. 8d. to 
10s. 1d.; ditto, red club and golden drop, 9s. 4d. to 10s.; American, red 
winter, 9s. 10d. to 10s. 8d.; No. 1 Minnesota, 9s. 8d. to 10s.; No. 1 spring, 
