It has been stated, that, in some of our lowland counties, the arable farmer will not have much more than half the produce to carry to market that he had last year. This, it is to be hoped, is too gloomy an anticipation. But it may not be far from the truth to estimate the deficiency at from a fourth to a fifth on all kinds of grain-that is to say, the deficiency in the disposable · produce, seed, horse-corn, servants' meal, &c. first deducted. Yet there is too much old grain in the country for this to occasion any alarm of scarcity. Old wheat will be in good demand for some time, as it has been for a few weeks past, and at improved prices; but the medium rate of that and new, as far as yet appears, is not likely to exceed 50s. per quarter.

The markets for live-stock have fluctuated a good deal, and are, upon the whole, somewhat higher than they were at the same period last year. Hallow Fair, held at Edinburgh last week, has certainly been better than the Great Tryst at Falkirk in October, but not perhaps so good as the market at Doune in Perthshire, in the beginning of the present month. The low price of wool must have affected that of sheep, on some descriptions of which hardly any improvement can be noted, notwithstanding the loss among the flocks last winter, and the liberal profits obtained by the feeders in spring and the early part of summer.

If we take a general view of the agricultural classes at present, very little, if any, improvement, will be perceived in their condition. Those

who possess early rich soils may fin their nett returns from the present on somewhat greater than last year's; but a considerable portion of farmers, bol ing land of an opposite descripta must lose as much at least as others will gain; and the general fund out of which rents and wages should be paid, will not be materially creased. A liberal conduct on the part of landlords is therefore as neces sary as ever. The fall in the rate interest should enable them to conti the late abatements without inconve nience to themselves, especially sing a new money-lender, the Bank of Eng land, has come to the resolution employing a large capital, in loans four per cent., to those landownCTS who can offer adequate security. Per haps the late reduction in the duty on home-made spirits may also have good effect in extending the consump tion of barley; and there is reason to hope that other taxes on consumption may be reduced in the next session of Parliament, if we are fortunate enough to remain at peace.

The wetness of the summer, and the lateness of the harvest, have been unfavourable to the due and timely preparation of the lands intended for wheat next season; and much of what should · have been put in after beans and potatoes, still remains to be sown in this country. It is not indeed to one year's crop that the bad effects of such wea ther are confined, but they are felt, more or less, throughout all the crops of the ensuing rotation.

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