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The British Corn Trade

The British Corn Trade image
Parent Issue
Day
14
Month
September
Year
1877
Copyright
Public Domain
OCR Text

The Mark Lañe Express review of tho British grain trade says : The weather the last week has beea moro favorable. A oool temperatura and keen winds have dried much of the laid corn and prevented daniago fram sprouting. During the past few days a considerable quantity of grain has been secured, although it is feared not in a prime condition. No doubt much still reuiains in the field, bu't it now appears to bo reaaonable to hope that the crops in England have suffered their worst from woathor. In Scotland the iifl'.iirs are different, as a large proportion of he cereal erop is yet uncut. Oats in some districta are reported quite green. Che lateness of the season causes a jreater anxioty on this account. On ighter soils some quantity of barley has been cut, but tho greater portion of the erop is yet unsecured and will probably turn out coarso and discolored on threshing, even if no sprouting takes jlaco. The crops which appear likely o turn out best, as far as a yield is concerned, are oats, peaB and beaus, all opinions concurring that wheat is largey deficiënt. Potatoes are affoctod by disease in nearly every district. Aa the ïarvest progresses the conviction is orced upon us that tho yield of agricultural products gonerally will bo far rom abundant. To th3 faot may be attributed the firm tone which has prevailed in all branches of the grain rado. True, the offorings of Knglisb wheat have boen fair both at Mark jano and tho country market, but a very small proportion of the samples on offer havo been in a good condition. ?he known great scarcity of old samles and the large anticipated defioiony of this yoar's erop of Ënglish wheat, ïave forced buyers' attentiou to foreigu jrain, which has improved ono shilling ,o two shillings per quarter under tho ncreasod demand, and this in face of ;he large stocks in grauary, the heavy breign iuiports, and the abundant Linerican erop in tho background, ihould, however, the English growth bis year not oxceed 9,500,000 quarturs, t which it has recently been estimated )y a woll-known agricultural authoriy, it may not be too much to say that fter all, when brought forward to meet the requirements of the now ceeal year, tho American surplus may jossibly be absorbed without withut unduly depressing prices, as was lit' case last spring when the California rop, wbich was tho largest ever grown n tho Pacific slopo, was so rapidly aborbed that its disappearanco eeemed lmost unaccountablü. Certuinly a arge quantity of foreign wheat will be equired to meet the country's needs, nd with little prospect of a cessatiou f the Kust cru war trado presen ts a ïoalthy appearance, and tho prospect f any material alteration in prices ither may not be looked for. The few argoos of whoat which have arrived at ie ports of cali have been disposed of t advancing prices, and now only one argo represents the usual arrival of the eet. Thore has also been a good demand for whoat on passage and for shipïent at one shilling to two ehillings er quarter more money, but re-sales heek advanoe. Maize off the cost haa und buyers at an improvcraeut of a lilling por quarter, whilo for shipment loro has been an active inquiry and trices clpsed noarly one shilling and ixponce per quarter over those of last londay. The Monroe Commercial says that H. . Noble of that city has a fuchsia with ) sterns, the largest of which are about 5 1-2 feot long, and that at one time uring tho suuimer it had 1,077 blosonis.

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Subjects
Old News
Michigan Argus