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New Zealand Mail, Issue 311, 6 April 1878, Page 20

'Tlie Mark Lave (London) Express estimates the whole British home crop <>!: wheat this year at 11,000,000 quarters (88,000,000 bushels), though some authorities set it as low as 1) 500.000: and assuming that the country will require about the usual amount, 23,500,000 quarters, it will bo necessary to import 12,060.000 to 15,000,000 quarters before next A lumst 31, as the reserves of old wheat at the opening of the harvest season were insignificant. The Express docs not anticipate any serious glut of the British market, but calls attention to the fact that the movement is apt to be largo at tin’s time of the year, m anticipation of the closing of the fresh-water ports in the producing countries. It looks to see the market largely in the hands of Americans, and expects no material change in prices. A heavy fall of snow has entirely prevented the ripening of the wheat crop iu the north of Scotland.