338 



The Corn Markets in June. 



[JULY, 



448 lb., Anatolian at 345. per 448 lb., and Persian at 195. per 400 lb. 

 June shipments were 1,240,000 qrs. from Russia, 97,000 qrs. from 

 Roumania, and 31,000 qrs. from the United States. 



Oats. — The average value of British oats at the statute markets 

 shows a rise of nearly a shilling on the month. The rise is usual for 

 the time of year, and no cereal pays for holding with so near an 

 approach to certitude on a series of years. No feeding stuff has a 

 better or more constant " quality " market, and growers find that quite 

 ordinary oats, kept over the winter and spring and conditioned by time 

 and care, will fetch on an average season fully 35. advance from 

 November to June. The expediency of holding is therefore an estab- 

 lished fact, not of one season in this trade, but of an average of many 

 years. Foreign oats are 6d. dearer on the month, and 185. 6d. is paid 

 with readiness for 304 lb. samples, which later May saw hard to place 

 at iSs. per qr." Shipments for June were 238,000 qrs. from Argentina 

 and 798,000 qrs. from Russia. 



Maize. — Shipments of this cereal from Argentina in June amounted 

 to 1,726,000 qrs., compared with 911,000 qrs. in the corresponding 

 month of 1908. America shipped 14,000 qrs. only, as compared with 

 8,000 qrs. in June, 1908, but 800,000 qrs. in June, 1907. The prices which 

 were made for maize at the end of June were 295. for flat corn 

 (American), 275. for round (Russian), and 26s. yd. for yellow (Argen- 

 tine). The demand for the last-named has proved fully equal to the 

 arrivals and the market is firmer. On the other hand, America is now 

 offering to ship new crop maize in January next at 245. per qr., including 

 freight and insurance to London. 



Pulse. — Soy beans from Manchuria (Dalny) have arrived to the extent 

 of some 20,000 qrs. in London, and have gone promptly into sale at 

 75. per cwt. ; ys. 3d. is now demanded. Other sales of pulse at the end 

 of June included Maple peas at 405., Dun at 365., new beans at 39s., 

 old at 415., millet at 265. (for feeding purposes), and sorghum at about 

 the same price. 



Oil Seeds. — The prices asked at the end of June were 455. to 475. per 

 410 lb. lor Indian linseed, 445. to 45s. per 416 lb. for Argentine linseed, 

 and 585. to 645. per 424 lb. for English rapeseed. Cotton-seed made Ss. 

 per cwt. for comparatively retail transactions, but good Egyptian could 

 be procured at £j 155-. per ton by wholesale purchasers. 



Farm Seeds. — Canary seed has advanced 2s. per qr. on the month, 

 mainly in consequence of the short yield of the new crop in Turkey. 

 At the end of June, 505. per 464 lb. was paid for Turkish, though 465. 

 commanded good samples of Argentine. Other sales of farm seeds 

 included English red clover-seed at 625. per cwt. for best, and French 

 lucerne at 775. per cwt. for fair average quality. 



Minor Staples. — Rye has remained firm at 305. per 400 lb. Dari is 

 dear for " bold " or large-grain types, 355. being paid for Smyrna. 

 Small dari from India is offered at 275. Buckwheat has been in steady 

 request at 26s. to 285. per 416 lb. It is largely used for pheasant 

 feeding, but is growing in appreciation among those who keep domestic 

 fowls. 



