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REVIEW OF THE BRITISH CORN I TRADE. Froat, which came without introduction, has made an equally unannounced departure In the later hours of Christmas Day the arctic visitant noiselessly departed, and on Saturday the land- scape, instead of being white, was once more brown and green. Rain fell in pmall quantities, and intermittent showers throughout the day, and what the meteorlogiata call a westeily period haB succeeded to the anti-cyclone which for a fortnight existed over north-western Europe. The discomfort of the frost in London was very great, as fog lasted off and on the whole time, but in the country the sweetening effect of the keen and bright air was entirely to the good. Samples at the markets between the 18th and the 24th showed amelioration in condition, while the degree of cold, although not inconsiderable, was not sufficient to endanger the October and November sown wheat. The effect of the thaw upon the markets will probably be of a weakening character. English wheat was a good show at Hull on Tuesday, and holders accepted 6d. less money than formerly. At Lynn, on the other hand, supplies were hardly adequate for enquiries, and 6d. advance was accordingly obtained. At Spalding and at Rochester value was stationary. On Wednesday, Bridgwater and Hereford were steady, a good sign, as for weeks previous the West of England had been a focus of price depression. At Bury St. Edmunds 6d. advance was made, Suffolk thus eonfirming Norfolk advices of the previous day. London, the last market before Christmas, was without business, the fog rendering inspection of samples next to impossible. The Scotch markets reported a fair sale at full prices for home-grown wheat. On the day before Christmas very little business was done anywhere, but Leicester reduced prices 6d per qr., and Lincoln asked if anything rather higher terms. Bristol was without change. The markets of Saturday were few in number, most centres of importance being either closed, or having holi a small retail market on Thursday. There was English wheat at Warminster selling as low as So,s., and a few lots at Bristol were parted with at 28s per qr. Well may the Board of Agriculture qualify their estimate of the home wheat crop with the sentence, warning us that the reports from a large number of districts indicate that the corn crops generally are inferior in quality and condition, and that an unusually large proportion of grain are shed in the fields." Foreign wheat and flour have sold slowly. On Tuesday HuH was 3d. lower, but Liverpool supported quotations. London was steady on Wednesday, but Glasgow and Edinburgh were 6d. cheaper both for wheat and flour. Birming- ham, Bristol, Gloucester, Manchester, and Plymouth quoted on Thursday unaltered rates, but Leicester favoured buyers, The great port markets were closed on Friday and Saturday. The trade in spring corn has been in buyers' favour. For barley 12 markets out of 28, for oats 9 out of 21; for puhe 12 out of 23, and for maize 16 out of 18 have been of that tenour. The total proportion which these figures give, 49 to 41, does not show any serious weakness, and with the cessation of aIlIRussian arrivals of lbarley, oats, and maize there is a certain natural tendency of the market vessel to right itself. The change to mild weather may, however, postpone recovery. The quantity of maize on passage is 229,000 qrs., against 260,000 qrs. a week ago of barley, 218,500 qrs., against 211,000 qrs.; of beans, 26,000 qrs., against 24,000 qrs.; and of linseed, 145,000 qrs., against 171,000 qrs. There is no uniform tendency. but the reductions exceed the accretions to the total prospective supply. Last week's imports into the United Kingdom included 70,000 qrs. of barley, 106,000 qrs. of oats, and 91,300 qrs. of maize, against 80,000 qrs. of barley, 62,150 qrs. of oats, and 101,200 qrs. of maize in the week preceding. Of last week's imports, 12,634 qrs. of barley and o3,198 qrs, of oats were received into London but out of 91,300 qrs. of maize only 610 qrs. entered the metropolis. The Government estimate of the home crops of barley and oats puts the former at 72,129,095 bushels, or 3414 bushels to the acre, atid the latter at 112,386,261 bushels. or 38-77 bushels to the acre. The yield of barlej seems to be very liberally estimated, but that of oat. agrees closely enough with previous trade estimates.-Mark Lane Express.

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