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Richmond, Williamsburg, Richmond County, Virginia
What is this article about?
Oatmeal prices in southern Scotland have dropped from 15d. to 10d. per peck due to excellent oat crops, with further declines anticipated. Similar reductions from 14d. to 10d. reported in Elgin of Moray from plentiful harvests.
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Full Text
From Elgin of Murray we are likewise informed that oatmeal, which before harvest was selling at 14d. per peck, is now, by means of the very plentiful crop they have had, reduced to 10d. and they are in great hopes of its still falling considerably.
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Where did it happen?
Foreign News Details
Primary Location
Scotland
Outcome
oatmeal prices reduced from 15d. to 10d. per peck in south of scotland and from 14d. to 10d. in elgin of murray due to good harvests; further falls expected.
Event Details
Accounts from Biggar, Leadhills, Wanlockhead, and other places in south of Scotland report oatmeal falling from 15d. to 10d. per peck almost instantly, with remarkably good oat crops leading to expectations of further grain price drops. From Elgin of Murray, oatmeal has dropped from 14d. to 10d. per peck post-harvest due to plentiful crops, with hopes of considerable further reduction.