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REVIEW OF THE BRITISH CORN…

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REVIEW OF THE BRITISH CORN TRADE. Brilliant sunshine on Saturday made the country landscape, still snow-covered, sparkle like tht. transformation SOfne in a pantomime. The air, however remained so cold thit no actual trans formation took place, and the view on Sunday, instead of being of fields in their natural colonrs of green and brown, was still of white Such an out. look, with the equinox close at hand and all the operations of spring.tide to engross farmers attention, might well be expected to strengthen the markets. Why it fails to do so is p,obably that the wheat giower does not think much of what his crop will be till May is past; that dangerous and critical month so oftens blights the promise of a forward season, that fiarmers are (f en almost relieved when a cold March has assured us of a backward May. With repect to spring corn, the grower of Barlej who has a fine milting sample to offer nt-ed never have any difficulty in getting a good price while all other sorts depend on value upon circumstances, such as foreign harvests and the home hay crop, which have not yet come fairly into view for the current season. Thore has, indeed, been a small rise, from 32s 8d. to 33s 3d, in the English wheat average, but tbi* is due to the improved condition of offerings. Dry weather has favoured threshings, and wheat, which has been kept into March is ordinarily in better condition than autumnal deliveries. Sales at the 196 statute markets since harvest amount to 1,838,975 qrs., against 2,296.492 qrs last se^on The leports from Norfolk which suppli-d favourable quantitative returns last autumn are now to the effect that, despite the under average deliveries, reserves are rather smaller than ust<- 1 for time of yeir. Even millers concede that the harvest of 1891 was an under-average crop. Foreign wheat has been disappointing, the pro- longation of the winter failing to stimulate sales. The French and Italian crops are promising, and the winter in the Mediterranean countries having been wet, not cold, the harvest from AndaluKi > t" Turkey is expected to be rather early than lat* A heavy Inowfall in Central Europe has re,-eig ly occurred and is wlcvlDd as protectinij the atit,iioii sown grain. These advices seem for .he mom. ■ to out weigh the news of unfavourable leii'mr whu-i- comes both from Russia, md from the Unite.i S' Uef The attitude of the latter region l* certainly cu-ii us. foil. despite a blizzard of terrible intensify nu i of allt area, the laeat mark-ta are ag tin.-t the «ell.>t both of wheau and in uze. All und-ubtf-lh It eningeffect on tbe British market- has been cxcr'ed by India, which is shipping 'he old cv p <nin.i feverish hasteto clear before a new hardest c»me.s in. Of the le ii-'ing market s for spring corn, seventeen out of thirty have been fit in for bailey, eighteen cental more money for tnaize, but barfey closes ut of twenty.two firm for ()at, an,t tvenry-, wo <>m twenty-five firm for maize. Ten out of r e jn li been firm for pulse. Liverpool and Munches'er have been paying a penny per week. wi<h t very sni'ili i>up,:i tatiou ougtii to have IdVIIIC" price, but for th most pat" fir!litie-A it, uiit Prices is all that has reported B,.itt.- e inert. Although they make a soup of the III" Dutrit.ious description, even vegetanau use I hpllJ but little compared with wiiat they [I,t a fv-v yp ir- OtgO, A certain taste or flavour v .in see :)- inii- cult to diglllse appears to be at i he bofom of t ;i > •Version. The increased silip neii's f Liu.-<yed froin ludia having lei to 6d. decline in value, at woicb reduction buyers aud sellers' *i>vs have been •ufficitiutly in accord to admit of a good busiuess being done.-Mark Lane Express.

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