The Express.
London, England, 1852-10-19 00:00:00

REVIEW OF THE CORN TRADE.

(From the Ara Ler Ilkorsta)
BRITISH.
The preparation of the land for autumn sowing ham
been eonnueacra, and as farmers will be busily engaged in
the fields during the remainder of this and the greater
part of neat month, the deliveries of grain from the
growers are likely to fall off. The supplies brought forward
at meet of the markets in the agricultural districts have
been meditate this w eek, and the somewhat (Inner tone of
the advice* from Mark-lane, of Monday last, having hail
1310T0 or less effect, rather enhanced teams have been
realised for wheat as well as for spring corn. Wheat is now
do in many parts of the country than in the metropolis,
and old is becoming scarce, except at those places where
stocks of foreign are held. That London will have to
supply a large circuit with old wheat is certain, end we
are therefore inclined to think that the whole of whit may
be received here daring the next two or three months will
be needed.
At Liverpool an active demand has far some time past
been experienced for foreign wheat and flour, not only for
the supply of the neighbouring districts, but likewise for
shipment to Ireland ; and at the other ports on the coast,
stocks are not be any means heavy. That a temporary'
effect tray be produced on prices by the arrival of larger
supplies than may he immediately wanted is probable, tor
there are no speculative purchasers, and an excess over
what is required for consumption is therefore directly
felt; but we ore decidedly of opinion that the whale of thei
wheat on passage to this coantry will be wanted during the
winter mouths. Prices of spring earn being relatively
higher than those of wheat, it is not unlikely that our
farmers may bring forward barley and oats more freely
than they have yet done ; but we cacnot calculate en large
receipts of these articles from abroad, the Lent-sown crops
h eying in general produced indifferently on the Continent.
1' may be questioned, therefore, whether an increase in the
home deliveries %Maid cause any material depression. On
the whole we are mire disposed to expect a moderate im-
provement in the value of agricultural produce than any
decline from present rates.
The quality of the coin of this year's growth continues to
be much complained of. The new wheat has not as yet
improved in validation, and a very large proportion of that
grown in that southern parts of the kingdom is totally un-
lit for eat ten use. "lathy also shows the effect of wet
weedier at I:arrest Line, a great many of the samples being
mixed wit% sprouted grain, and a still larger quantity being
eleecoloureit. The new oats which have bathe rho come for-
ward.' from Lincolnshire and that neighbourhood, have
proved of very nattier quality, many of the samples being
so damp, and otherwise injured by weather, that the weight
ranges from 32 to 361 be. per bushel.
With regard to the yield of wheat, we are disposed to
think that the deficiency in quarters to the acre is not ma-
terial ; but in consequence of its light weight and inferior
meeting properties, it will require a larger quantity of
wheat than usual to make a given quantity of 11 cur. Bar-
ley is, we believe, over an average in euentity. Oats vary
so much in &fluent localities that we are unable to arrive
at airbag( like a definite conclusion. We think this crop
will prove short in England, but Over an average in Scot-
land and Ireland.
Oa the shod: we are inclined to believe that the estimate
we give of the result of the harvest, some weeks ago, will
rove tolerably correct. We have since then continued our
investigetien, and thus fa we Meet discovered no reason to
alter the %runes we then ventured to give. 'I lie injury
done to the quality of all kinds of grain by the unfortunate
weather in August has certainly not been overrated; this
each day** experience tally proem.
Erna Someland we learn that the new grain continued to
come forward in good condition, and there can be no doubt
that the harvest in this north of England has also turned
out much better thin in the south. l'rices of , wheat are
nevertheless risme iie that direction, and in the frinei
Scotch markets wheat has advanced about Is. per qr. gis
week. The pots:nes are aai.l to be very bad there, and the
yield short. The accounts from Ireland respecting potatoes
an of much the same character as before ; in some parts of
the 'Laud the disease is said to have proved very destruc.
tire, whilst in other lucalities the crap seems to hate escaped
with comparatively little injury.
Some increase has tak.n place in the wrivals of wheat
coastwiee into the port of Loodea ; 6,:017 qrs. having bees
reverted this, against 1,380 qrs. last week ; the probe
is, however, that the supplies will now fall off, and he Meal
for some weeks to come. The quantity brought forwmdbg
land-carnage samples from the home counties he been
Ten trilling since Monday last; indeed the Ham good
Keret *Lerida wire nearly bare, boob on Wedoeeday end
Friday. The millers hav, not at any period of the week
manifested Amy a.-gas of being in immediate want, and
though the trade has ma Wanted earns 'one, there has been
an abet ace of life and activity. As regards prime we have
nu change to re port, but there was certainly len
to ivy towards the close than then was in the ems-
meueeinent of the 'seek.
The receipts of wheat from abroad have been liberal,
'aean qrs. having tome to baud during the week ending
this (Saturday) evening. A cansiderable proportion of this
supply has gone direct into the hands of the millers, and
thereloas mourners:ly been no material addition to the
quantity offered from on board ship. The wants of the
town tried* having, however, been for the present provided
for, and the country inquiry having been of a retail cha-
racter, importer have vapericaceo some dificutty is ob.
veining former rates. As yet, however, they have mani-
filltbd no intention to give way, sad good (moieties were
certainly not cheaper on Friday than on Monday.
The operations is fl ;sting cargoes have been compara-
tively unimportant for anon days past, owing, in a great
measure, to the want of offers at remonabk nose, the prices
sled having been relatively higher than thou at which
lambasts might have been made of parcels on the spot.
The sale for flour has not been so extensive as it was Let
week ; quotetieus for town-made ham remained precisely
as they were before, and no cheese miliaria( apace has ow
64117114.1 in other descriphous. The arrivals from America
have amounted to only 2,410 barrels mute the close of last
week, and for good brands previous prices have been 'eked.
Bearish barley has not come forward freely ; the sup-
plies have, however, been rather hitter than of late, and
some quantity having also Mine to hand from abroad, the
sale for this grain was scarcely so free towards the ekes
as it was in the beginning of the week. Superior malting
and good fresh grinding qualities have moved off tolerably
well, awl have °Mandy nut given way in velum but it bas
been difficult to make emigre's in secondary molting and
distilling barley. Malt has been held with esteem' firm-
nese, and its previous raise has bee. steadily supported.
The annals of oats carowise have not increased, only
776 qn. English, sad 751 qrs. Scotch having come to hand;
haring, however, received 13,378 qrs. of Irish, and 23,776
qrs. of foreign oats, there has been no scarcity of this grain.
The dealers have held off, ea much es their pressing wants
have allowed, is hopes of being able to boy somewhat
cetera, when the lying days of the vessels lately
arrived from abroad shall have expired. Under
tluse circumstances buboes& has sot been active,
but (Acton have remained Inn, sad really good
old corn could not be obtained cheaper at the dose than in
the beginning cf the week. Soft new Irish and out-of.
cow:lambed foreign oats were, in some cases, sold a trifle
lower.
Bella have recited rather less attention this week, and
might, on Friday, have been bought on somewhat easier
ttrme.
Peas have found takers in retail quantities at about pre-
vious prices.
Indian corm abut has been held at a further earance,
344. lid. t, 31s. per qr. cost and freight having been da-
mended fur tialau and Odessa.
FORHION.
By the most recent advice, from the continent, we learn
that a considerable extent of buiene had bees done in
wheat at advancing rates, and there tan be no doubt that
it would require but little enrouragemant from this aide
to cause holders &brawl to raise their pretensions ma-
terially.
lbalig linen of the 12th Mgt. state that emend parcels
of wheat bad changed hands there on speculation, and that
some purchases hod betides been made for export. On
Monday sad Tuesday the sales had comprised 7,000 in.,
principally old Upper and Lower Polish wheat: good mixed
itf 61!lo had brought 411 , and tine mixed of 61 to 621 be.
weight eee to 439. Rd. per qr. free on board. Stocks were
reduces into a carve. compass, awl the quantity offered of
goad ahipable quality, suitable for the English markets,
had been small. The weather had hccome cold, and inclined
to frost, whit* would, it was hoped, prove advantageous to
the condition of the new wheat. Freight to London and
cart roast was 3s. 10d. to 3s. 6d. per qr.
Konigsberg letters of the 12th instant report a good de-
nied for wheat, and holders had, it appear', rather raised
their pretensions, owing to the encouragiag eatennie
from Hamburg, Me. ; good 611bs. old high milted Oise
was then worth 41s. . • mixed 30s. 61., and red 38s. per qv.
fret on board. elearcele any spring corn had come forward,
and beans end peas hid been in lively rewired, the former
having riven to 30e., and the latter to 30a. 6d. per qr. free
on board.
The advice, from the Lower Baltic ports are of a similar
character, and prices seem on the whole to have tended
upwards, aotwehataniling • want of export demand.
At Stettin, on Tuesday, 611 he. red wheat wee worth 38e. ;
fine ditto, weighing 62Ibs , 40e.; and 60Ibs. to 611 be. l'olish,
Ile to 42a. per qr. free on booed.
From Rostock we learn that the want of supplies had
prevented Amnions of much importance being done. The
host sale for expert had been a parcel of good quality, takes
fir Leith, at els. per qr., emit and freight. The new wheat
in that neighbourhood is described as of capital quality,
but farmers having been buoy in the fields, the supplies
have been quite trsgseß
The accounts from the near maim ntal ports are gee..
rally of a very arm tone.
At Hamburg, on Tueseley, wheat was fatly as high en
nn that day week, and for spring corn advanced rates were
asked. For new 6111 be. upland wheat on the spot equal
to I3s. feil. per qr. had been realised. For new Dunk bum
ley, weighing .albs. per bush. 225. to 22a. 6d. per zeg
been freely given, and for Waal° on the spot, w
only 6011 a., 30e. lid. per qr. had been paid. The inquiry
for nets bad improved, and good Danish feed 3't to 391bs.
had been held at In. lid. per qr.
In the principal leach markets the wheat trade appears
to have become rather quiet, and prices were much the
name at Rotterdam and Amsterdam on Monday as on that
day.oennight.
arm Groningen we learn that new oats had come for-
ward rather *leeringly, but it was expected that when the
eupplles increased good IQ to 421 M. l'olaads would be ob.
tunable at about 16s. 94. to 17& 3d. per qr. free on board.
Freights bad advanced to 16e. per lest and 10 per cent., for
London.
In the French markets the tendesey of prier ham con-
tinued upwards, and at Paris, on Wedseeday, Soar was
pl. I R. per soak dearer.
Pros the Meitalmassa the sews $ not et myth is.