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REVIEW OF THE BRITISH CORN…

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REVIEW OF THE BRITISH CORN TRADE. weather thus far has been seasonable, e. ^ns little cause for apprehension or WJ1_ The roads are very rotten, and high- ly in the limestone counties are said to ll.08t ln despair. If this stale of things, how- lmpeded the excessive deliveries of English P uce, by which recent markets have been depressed, it would be by no means an unmixed «VJ.' e course of traJe since we left January e ind us has been more satisfactory than it was ,11,no first month of the year. English wheat as been held with increased firmness at such markets as Lincoln, Southampton, Norwich, 'interbury, Birmingham, Northampton, and St. yes. In Essex, offerings have beeu too libeial for trade to be even firm, nevertheless, concessions have not been made. At Manchester and also in London, the competition of foreign wheat hps not sufficed to reduce the value of home produce, the enquiry being sufficient to support both sorts. At Bnstol and akefield 6d. decline has been allowed, i 6. wo"k markets are outnumbered and out- I; "t hose ^Inch show a belter feeling in tiade foreign wheat has been well supported cons.dei-.ng the good shipments of Januar/which Were From America 510,000 ?U,.1ssia 575,950 i°dl.a 352,210 Australia G3.000 ^?.j\lata 11,000 £ V 5,000 V-Huer Countries (say) 100,000 Total .1,617,160 Total .1,617,160 A-aerica also shipped 471,500 sacks of flour, and from California 336,000 sacks are now on passage to the United Kingdom. Russian wheat, however, is now being held very firmly, and the inferior quality of new English wheat deliveries strengthens holders hands. Australian wheat is also well held, and as the quality is good, the attempt to purchase under 3/s. dotis not at present seem likely to be attended with success. The cheaper sorts of wheat are not abundant, and the new Indian crop ml ih °K r6 tT,blin^ the Mark Lane "landholders nrn? K-r?reJune- Thero aPPears t° beaHronK a^d A, T°f?rmlradedurin^ February, March, fnflnpn V montbs wil1 be under the nouences of crops and seasons at home and abroad. twenty markets out ot thirty-three firm °,. dearer for bailey, eighteen out of twenty firm for oatl?) twenty out of twenty- one firm for maize, and twenty-three out of twenty- five firm for pulse. Thus the thaw has bv no means raduced demand; on the contrarv thp protracted frost has left us with damaged and diminished stocks of roots. The value of ensilage as a feeding stuff is found to be greatly enhanced by a judicious combination with dry goods Hence ennuirharh"^8.81!!06 ^ebruar/Beame in "he sales at fullv*30"13- ab.ove the average, and Bailev K i Pievious prices have been easy. iWt* I af V^ced 6d. per qr. at Bristol. Tlfe mports ot barley last week were only 20,192 ors wU°nKre^VVith 5°'°u55 qrS- in lhe Preceding week, bu the strengthening effect of this is balanced by an increase in the quantity nfloat at Ma^kVLane°l'l re" th°h' f°rUier ^P^ssion fast week hn tbe Jmport8 of the United Kingdom m R94 DP been only 786,000 qrs., against in maf/P ? "eek preceding. The speculation markpt fn °T has been partly repeated in the maiket for actual delivery, and prices for all e^nanY'ose in holders'favour. The arrivals of grain and seed-laden vessels at ports of call list week were 3 wheat, 2 maize, 2 beans, and 1 peas The sales off coast inclnded 5 La Plata maize at 27s' Qd L bd per qr.,and 1 Barbary beans at 9d- Per qr.—Mark Lane Express. =

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