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English Wheat Crop. S:(oLI.F.:ST ON RECORD: PRICE OF EHEAD TO RISE. "T wheat crops of EJlland are expected to bo 'he smallest on record, and, in any case, I the p-ice of brc-ad should go up, say, a half- penny per quartern loaf." This is the opinion of Mr John Kingsford, one of the most extensive flour importers con- nect el with the Corn Exchange, Mark-lane. i f our flour," he continued, "conies from America." Now, the best qualities are altogether out of our markets, and patent flour has risen some 6s per sack of 2801b. "This is only partlyfhe result of the option markets of the States," explained Mr King- ford. "The crops there are low, and more v-heat is wanted for homo consumption. "ibis, brielfy, is how the matter stands. lurope requires to import about 1,100,000 nuarters per week all the year round. The quantity actually imported fluctuates, and for the last five weeks it has only averaged 8-50,000 quarters. Where are we going to get the wheat from, when America is 'drying up'? Directly you try to get a supply up goes the price. "America rushed the situation, and we are crawling up behind. Personally, despite the fierce gambling going on in the American wheat 'pits,' I believe there is a surplus." Mr John Aste, whose experience embraces an eighteen years' presidency of the Corn Exchange, says that the influence of the Chicago madness is almost unfelt in London. "Look around," he said; "there is no excite- ment here. How far the influence will ex- tend 1:lust depend upon whether or not the situation in the States has a sound basis." Other prominent corn brokers bore similar testimony. It was generally agreed, how- ever, that prices are slowly and steadily rising though this is not attributed to the United Slate:' gamblers. "The smallness of the English crop is J1 JL likely to entail serious consequences," said Mr C. \V. Deacon, a corn merchant of Luton. "it is true that where we looked for an aver- age yield of five quarters per acre, this year we shail probably have under three quarters. But—and as I live in one of the richest corn heirs in the kingdom I can speak with some authority—the quality is so excellent that it Fin mix with good effect with imported wheat cf inferior quality." There is no doubt, however, that very soon there will be a rise in the price of bread. Already such a proposal is under the consider- ation of local bakers' associations. The price of Bour in the Leeds and the Spen Valley was on Tuesday increased by Is per saak of twenty stone.

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