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REVIEW OF THE BRITISH CORN…

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REVIEW OF THE BRITISH CORN TRADE. The wheat is of better promise to-day than it was at the beginning of the month, and only exceptionally poor and ill- farmed lands need now despair of a very satisfactory crop. The yield is likely to equal or exceed an average in the home and eastern counties, where the area is large in proportion to the other crops grown. In the southern and midland counties about an average may be attained, but will be hardly sur- passed while from the south-west and west reports are still variable. The north does not yet promise a full yield, but then it is the part of the country which has most time in which to make improvement. Perhaps it would not be excessive to say that the present promise of the entire kingdom amounts to about nine and a half million qrs. Bariey will, apparently, be a od yield in the chief iiialting counties, a fact atoning for much y elsewhere. Oats have been benefited by the rains of the 17th, 19th, and 23rd. English wheat is 4d. lower on the London average, but forty country market out of sixty have been returned as firm. Bir- mingham, on Thursday was 6d. dearer for good lots, and Bristol, on the same day quoted a like advance. Yeovil, on Friday showed that agriculturists in Somerset were rather raising than lowering their pretensions, and a general demand for previous full rates were reported from East Anglia and the midlands on Saturday. In the home counties good English wheat was making 40s. per qr., and white 43s. per qr. The cheap wheat of Essex Rivetts &c., is rather firmer than previously. Foreign wheat is firm in London for all sor's, while Id. per cental improvement is allowed at Liverpool. The general position may be said to be one of the steady holding for full currencies, tnd with diminishedfshipments from India, Russia, and America both North and South, the closing tendency of the week was in favour of sellers. Flour is in slightly improved request. Spring corn is not a fast trade, and at this time of year itseldom is. Oats, in London, are ad. lower on the week, but with 15s. 6d. taken for White Sea, and IDs. 3d. for Gothenburg sorts, there is little im- provement in the demand. Maize is steady fn London and a 1d per cental dearer at Liverpool and Wakefield. Russian shipments last week were 42,000 qrs., but there are 58,000 qrs less afloat to- day than a week ago. Linseed, with 41s. 9d. made for Calcutta, may be regarded as a trifle better on the week, while fifteen barley markets out of twenty have been slightly in sellers' favour Beans and peas are a little harder to buy from a week ago. Rye is again somewhat dearer, 35s. 6d, being made for South Russian in England. France quotes about 82s. for home-grown rye, but in Germany the very high price of 47s. is ruling. Mark Lane Express."

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UNIVERSITY COLLEGE OFI WALES.

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