191 1.] The Corn Markets in January, 955 



it was not expected that 191 1 sowings would attain a usual figure. 

 Californian barley is coming to the aid of brewers, and substantial 

 arrivals are anticipated. About 305. is suggested for f.a.q., with 325. 

 for a better grade, and 355. for fine malting. Russian feeding barley 

 has advanced about a shilling. Shipments for January were 105,000 

 qrs. from North America, 915,000 qrs. from Russia, and 242,000 qrs. 

 from Europe S.E. The quantity on passage on 31st was 690,000 qrs. 



Oats. — The last few days of January witnessed a marked inquiry for 

 seed oats, for the period ist-28th had been of a drying character on 

 the whole, and it was now possible to get on the land. Prices for the 

 select seed types seldom exceeded a guinea on the markets, but seeds- 

 men with named and noted sorts to sell, or with new varieties to 

 offer, asked two, and even three, guineas per quarter. The average for 

 British oats for the twenty-two completed weeks of the season stood, 

 with closing January, at 16s. yd. per qr. Russian and Argentine oats 

 have remained cheap, and the latter are being shipped so freely that 

 low prices seem likely to rule for some time to come. January ship- 

 ments were 560,000 qrs. from South America, 713,000 qrs. from Russia, 

 and 30,000 qrs. from Europe S.E. The quantity on passage on 31st 

 was 600,000 qrs., a decidedly over-average total. 



Maize. — The United States in January sent off 920,000 qr. of new 

 crop, a quantity not up to expectation, though in itself a full average. 

 The maize crop secured in October was generally accepted as being 

 44,000,000 qrs. above that of the previous year, and the official estimates 

 from Washington and Rome upheld market ideas of a bumper yield. 

 If January exports could be accepted as a criterion, America in 191 1 

 will ship at a good rate, but still nothing extraordinary. Other 

 January shipments were 449,000 qrs. from South America, 266,000 qrs. 

 from Russia, and 218,000 qrs. from Europe S.E. There were 700,000 

 qrs. on passage at the end of the month, and the market was more 

 confident from the close of December. A guinea per qr. commanded 

 American, 22s. Russian, 225. 6d. Roumanian, and 235. to 235. 6d. 

 La Plata. 



Oilseeds. — The dearness of linseed continued, though the quantity 

 on passage has increased from 34,000 to 82,000 qrs. Argentina has 

 shipped 326,000 qrs. of her new crop, but America has been a buyer in 

 competition with England and Europe, so that the stringency of the 

 Old World markets has not been relieved. India shipped no linseed, 

 and the new crop will not begin to be secured until the middle of 

 March. Present prices are 755. per 424 lb. for best English, 735. per 

 424 lb. for Russian, 715. per 416 lb. for Argentine. The new Indian 

 crop is offered for April shipment at 68s. per 410 lb. Egyptian cotton- 

 seed at Ss. 6d. per cwt. is 3d. dearer on the month, even to large 

 wholesale buyers, and up to ten shillings per cwt. is charged locally 

 for smaller quantities than a ton. 



Various. — Dear oilseeds are sending many buyers to the market for 

 soy beans, of which a fair quantity is on passage. The price is Ss. 6d. 

 to gs. per cwt., however, a great change from the Js. at which they were 

 to be had until quite recent dates. Feeding rice is 2d. per cwt. dearer 

 on the month, ys. Sd. against, js. 6d., and beet sugar is also 2d. 

 dearer, 95. 2d. against t)S. per cwt. Canary seed has advanced half a 

 crown per qr., while dari, millet and small pulse remain unchanged. 



