Correspondence OF The Tribune.
{"newspaper_name": "New-York daily tribune.", "edition": "01", "page": "p1", "byline": ""}
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LONDON, December !, I-iJ.


Sir The Corn trade during the past month, notwiih-
standing the great excitement raised by the public press
has remained in dull state and prices OF most articles
are nearly 10 = than they the lst
uGno Supplies of sll descriptions continue liberal
from our farmers and the arrivals from abroad are
extensive. Our stock OF Wheat in bond Will be iuly
million quarters by the end OF the year and from the
impulse which has been given to speculation, we see no
reason to alter the opinion expressed IN our Circular oi
the lst utmo that the importation OF foreign Wheal IN
1916 will probably be the largest have had Tor many
years We do place much reliance on the accounts
that foreign have not Corn TO spare for we
have hitherto invariably found that when England re-
uuircs L. she could always procure more than enough
and by the advices received last week the United states
were preparing to send large quantity oi Corn ana
Flour: that by the time deliveries from our own TAR
mers begin 10 fall OF which expect they Will GO IN
Spring and the effect OF the failure in the potato crops
felt in the increased consumption OF bread we are likely
10 have good stock of foreign Wheat to fall back upon
this however from the high prices has cost and The
favorable opinion generally entertained OF the trade VIII
not it is thought, be liberated except at low duty,
which sooner later we have every reason to look for
1t s difficult to calculate the extent OF the deficiency
in the potato crop in Ireland until ascerthned whe
her they will keep in the pits but presunlng that
a supply of Wheat sufficient to keep millions OF the m
habants of that country for six months lsrequired IN
consequence thereof it is considered that II a million
quarters will be amply sufficient for this purpose and
with the large crops OF Barley and Oats there we doubt
much if the deficiency will be to that exent-the ques
ton of price must rest other circumstances.


The tightpess of the money market and the caution
evnced in discounting is likely 10 have an effect on
prices of Corn whilst supplies are plentiful but as the
season advances may expect to see gradually n-
proving trade and lower duty Wheat under the
operation Of the existing law.


Your obedicnt servts