Mr. Caird writes to Wednesday's Times that "the wheat crbp
now being harvested is a full average, and the best we have had for some years." The area under wheat has increased, he says, in the United Kingdom by 50,000 acres, the total area under wheat having been 3,400,000 acres. "The increased acreage and the additional produce will afford us 11,500,000 quarters for consumption. We shall require 13,000,000 quarters more," for which we must look to the foreign and colonial supply. Mr. Caird speaks of the harvest in the United States and in France as not satisfactory, and thinks we are not unlikely, therefore, to find the French rather competing buyers than sellers. Hence he expects the present price of wheat to be maintained,—a great boon to the farmers, if so it proves.