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IN the last nine months, the declared value of wheat imported from Russia was £2,725,135, as against £3,053,395 in the previous year. DAIRY SHOW.—The fourth annual show of the British Dairy Farmers' Association was opened on Monday at the Agricultural Hall, London. It appears to be quite up to the level of former years. SIR MASSEY LOPES AND THE DEPRESSION IN FARM- ING. Sis Massey Lopes, speaking on Wednesday at a gathering of Devonshire farmers at Kingsbridge, said he would sum up the causes of the agricultural depres- sion in four words, H bad seasons, foreign competition." Respecting the latter, he was in favour of Reciprocity to this extent, that when any country sent a commodity to us they should take some commodity from us with- out putting on prohibitory tariffs, and this r<tn*vk especially applicable to our Colonies. If the; English farmer.-? could not get Reprocity he should, however, for equality. The foreigner had a better soil, better climate, less rent, and no taxes, and therefore the agriculturist in this country should be allowed a chance of competing with his formidable rival, by being granted a further remission of local taxation Elementary education was a cause of this burden of taxation, because it was being carried too far VALUE OF AGRICULTURAL LAND.—Mr J. J. Mechi gives (in the Times) an instance of the depreciated value of land at the present time, a correspondent having sent him the following;—"Touching upon the depres- sion, to prove its reality, you may perhaps be surprised to hear that I attended the sale of a farm on the borders Wiltshire, 830 acres, good house, premises, eight cottages, freehold—sold for £6,700. Up to 1877 tenant paid £530 rent, landlord paid £150 tithe, and JE40 land tax out of it. Since 1876 tenant paid £2!)0 rent, leaving landlord about JE70 net, I understand. One would think that must have been worth buying—about £8 per acre. Have you anything as tempting in your district? If so, I should be disposed to look at it. In 1834 the late owner gave for the above, £1:,000, and laid out £3,000 more." Another correspondent writes to say that the land in question is of very poor quality, and has been bought by Mr. Bates, M.P. for Plymouth, for the purpose of turning it into gigantic rabbit warren. THE CORN TRADE.—The Marie Lane Express says- "The course of the past week has been marked by somewhat more favourable weather, the temperature having been cool and seasonable, and the rainfall incon- siderable. Notwithstanding the exertions of farmers, a large quantity of cereal produce is still unsecured and exposed to the vicissitudes of the weather. Agricul- tural advices are still couched in most doleful terms. The disastrous season of 1S79 will long be remembered, and it is devoutly to be hoped that many a year may elapse ere another be found to equal it in cold, rain, and sunless gloom. Supplies at markets in the provinces have somewhat increased, in response to the require- ments of farmers for thrashing purposes, but the in- feriority of the bulk of the offering has not prevented a further rise of 2s. per quarter in the value of parcels suitable for milling. The average price was also 8d. per quarter higher last week. Last Monday's list showed arrivals of foreign wheat into London of only about 28,000 quarters, chiefly American, and subsequent im- ports to Friday were about 61,000 quarters. Prices again favoured sellers to the extent of fully 2s. per quarter. Higher prices may still be expected."

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