18 JUNE 1870, Page 1
The heavy showers of Thursday night have cooled London, re-assured
Mark Lane, and comforted the soul of the Treasury, which began to tremble for its surpluses. Wheat had gone up 58. a quarter, under the influence of purchases for France, and dear bread in England means a stationary revenue. The rain-fall is still some inches below the average, but if the weather continues cloudy there is still a chance for the after-crop of hay, while a dry summer does not in England imply a deficient crop of cereals. There are prospects, however, of great distress in Southern France and Spain.