Hide Articles List

12 articles on this Page

A MASONIC HYMN.

' '-.A TRIP TO BRISTOL.

. Monmouthsbire Midsummer…

IMPORTANT TO SHIPOWNERS AND…

[No title]

GENERAL NEWS.

LAW INTELLIGENCE.

HOUSE OF LORDS.—TUESDAY, JULY…

HOUSE OF COMMONS—TUESDAY,…

-.-REVIEW OF THE CORN TRADE.

News
Cite
Share

REVIEW OF THE CORN TRADE. In the early part of the week the weather was hot and forcing; subsequently a considerable decline occurred in the tempera- ture, and within the last twenty-four hours some refreshing showers have fallen in the neighbourhood of the metropolis. Though the growing crop of wheat would probably not be hurt by a longer continuance of drought, there can be no doubt the t spring-sown corn, pulse, &c., are beginning to suffer from the absence of moisture and the only disadvantage which rain might occasion would be delay in carrying of the hay still out. Much wet would, however, be far from desirable; and a hot dry month of July would be more advantageous for wheat than wea ther of an opposite character. The extreme shortness of the stocks on hand-foreign as well as home-grown—and the d m- culty of obtaining any large supply quickly from abroad, if our harvest should unfortunately prove unpropitious, or even be pro. tracted, will probably tend to cause more or less excitement duiing the next month or two and if the stocks in farmers' hands are really reduced into so narrow a compass as is believed to be the case, inauspicious weather might occasion so great a degree of uneasiness as to lead to a not unimportant advance. This conclusion is forced upon us by the turn the wheat trade has lately taken up to this time all has gone on as favourably as could be desired, and we rarely recollect a season as far ad- vanced as the present with so few complaints. We do hear of pieces of wheat looking indifferently in some particular cases, hut, as a rule, the reports are almost universally of a satisfactory character. The lise which has taken place in the value of the article (amounting within a fortnight to about 4s. per quarter) cannot, therefore, be attributed to an apprehension as regards the future: it has been caused wholly by the supplies having proved inadequate to meet the demand; and, though thifc>may have been paitly occasioned by the close manner in which farmers have been engaged getting up their hay, the reasons for supposing that only a comparatively small quantity of the last crop remains in the hands of the growers, are too strong to allow us to expect any material increase in the home deliveries. We do not wish to be understood to imply that there is not sufficient wheat in the cocntry to carry us on to harvest, or that the foreign supplies are likely all at once to cease but that stocks will be run out very closely belore the new produce can be ready for consumption will, we think, admit of little doubt. The delay or only a week or two in the ripening might, therefore, be of seiious importance. We have no means of judging very accu- rately respecting the quantity of bread-stuffs which ma) at pre. sent be on pa.-sage to Great Britain. Anything like excitement even the desire to guard against running out 01 slock, and some- what free purchases by the millers and bakers, might give a further lift to prices.—Mark Lane Express.

LONDON MARKETS, fee..

AGENTS FOR THE MONMOUTHSHIRE…