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REVIEW OF THE BRITISH CORN…

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REVIEW OF THE BRITISH CORN TRADE. A showery St. Swithin has been followed by six rainy days, and there is a general fear lest these six be but an earnest of four and thirty to follow. Although the records of the last twenty years afford no certain warrant for the faith in the Winchester saint, there appear to be sound meteorological reasons for fearing a weather change for the worse, when occurring about the middle of July. Among other reasons, a hot early summer loosens the ice in the northern seas, and sends vast masses of frozen water on a chilling south- ward course. That this has been so in the present year seems to be certain, for the ships coming from and going to Canada have met an almost unprecedented number of icebergs drifting southward into the warmer seas. During the last week there has been a very sensible decline in the temperature through- out the United Kingdom, and the ripening of corn has been arrested so that we are scarcely nearer harvest on the 22nd than we were on the 5th. Unsettled weather conditions prevail throughout Western Europe generally, and hail has laid the corn over very large areas in France, as well as locally within the United Kingdom. On the whole, however, the past week must be regarded as having retarded rather than damaged the harvest, and we must wait to see whether the new and adverse conditions are intensified, or whether they disappear, before we can say if the markets should put up prices. English wheat shows little change, but is for the most part very firmly held. For white sorts the London factors on Friday asked 6d. advance, but the average for the week ending the Tuesday previous had been 28s 9d only. Owing to this low price sales had dropped from 2,579 to 1,455 qrs. Lincoln was 6d dearer for English wheat on Friday, but this great agricultural centre reported only a slow sale at the fractional advance. Wakefield at a similar improvement, however, was a fairly strong market, The sales of British wheat since last harvest at 187 statute markets- have been 2,269,219 qrs as compared with 2,498,775 qrs in the same period of the previous cereal year. The imperial average at the statute markets for the week ended July 20th, 1889, was 38,349 qrs at 29s 4d per qr as compared with 24,975 qrs at 32s per qr in the corresponding week of last year. The trade in foreign wheat has been firm in tone, with a slightly increased confidence shown by holders. The quantity On passage to the United Kingdom is a good deal smaller than in 1888 or 1887, and the im- ports, while not inconsiderable, are quite moderate for the time of year, which is one wherein the foreign sources of supply are usually sufficient to make up for the largely diminished deliveries of home-grown grain. At the present time, however, the total im- ports of breadstuffs, amounting to 284,388 qrs, do not even, when home deliveries are added, attain nearer than within 120,000 qrs of consumption requirements. Stocks were 1,195,386 qrs of wheat and 800,165 sacks of flour on July 1st, but they are not likely to exceed 1,000,000 qrs of wheat and 750,000 sacks of flour on August 1st. This diminution in reserves helps holders to maintain value firmly. America is not shipping wheat at all freely, and though the latest reported ship- ments from Russia were 247,219 qrs, the ship- ments of the same week last year were 306,001 qrs. India is shipping at the rate of 71,000 qrs weekly, which is about 30 per cent. under average. The decided firmness of the Liver- pool market during the past week has been one of the features of the trade, and London on Friday was very stiff for all sorts of wheat. The arrivals of breadstuffs into the metropolis for the week ended July 19th inclusive in- cluded 43,271 qrs of foreign wheat (6,040 Cal- cutta, 5,353 Danzig, 343 Konigsberg, 3,168 Marianople, 1,027 New York, 17,034 Odessa, 56 Algeria, and 10,190 from the Crimea), which with 1,944 qrs English, and flour equal to 31,832 qrs, made a total supply equal to 77,047 qrs of breadstuffs for the week.- Mark Lane Express.

MARKETS.t

TRADE REPORT.

[No title]

ITHE NEW BARRY DOCK.

[No title]

THE CIVIL LIST.

[No title]

.To the Editor of THE JOURNAL.

BISHOP JAYNE IS NOT A CYCLIST.

GALLANTRY AT BURRY PORT.

AMERICAN DEGREES.

AN EARLDOM FOR LORD WINDSOR.

LLANELLY.

CARMARTHEN CYCLING CLUB SPORTS.