The Express.
London, England, 1852-08-10 00:00:00

REVIEW OF THE CORN TRADE.

[rim So Masi Lane Repreas.l
BRITISH.

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The prospects for the wheat harvest hero under-
seas a material change within the last fortnight; up to
that period very high expectations were entertaioed, the
appearance of the crop being then highly promieing, and
it was thought that the produce would be equal, if not
superior to that of last year both in quantity and quality.
Upon closer investigations it proves, however, that blight
' and mildew prevail to an extent likely to detract consider-
ably Wen the yield, and them is reason to supper's that the
quality of the now wheat will be extremely various.
We are certainly not disposed to place implicit retie:me
on all that is said on the subject, but after inakiag due al-
lowance for exaggeration we can come to no other comae-
goo than that blight peavaila in different localities so extra.
aively as to render it necessary to take a much lower esti-
mate of the general result than we were induced to do some
few weeks ego.
The most unfavourable reports which hays yet reached
us are from Norfolk and from Linculnahlre--indeed the
mischief appears to be more general along the east coast
than elsewhere. From the west and the tank the account,
are thus far promising, but many of the best wheat-pro-
ducing districts are seriously affected. We have heard of
instances where the destruction has been so great es to
threaten almost a total lees of whole fields; but, on the
other hand, we have good authority for stating that, in
many districts, a large produce of fine quality will be fie-
cured, provided we should be favoured with auspicious
weather for the ingathering.
It is at all times difficult to obtain accurate information
as to the real position of the crops, not from any disposition
to withhold the same, but from the fact that opinions
Waned from sppearances in particular localities are too apt
to give a bias, and lead to wrong conclusions as to the
whole. This may, however, be regarded as certain—via.,
that the wheat crop will net give so good a return as was
expected a lew weeks ago. It was then estimated as likely
'to produce over an average. Many practical men now
think it will be below the average of good years.
The extent of the deficiency may be further increased by
unfavourable weather, said mess prKlict a higher range of
prices after harvest. Much will depend on the manner in
which the crop ma be secured. Should the remainder of
this month prove auspicious we should not despair of the
general result. Barley and eats are admitted on all hands
to be abundant crepe ; and though wheat will not yield so
plentifully as was at one time anticipated, a considerable
reduction from the high estimates then formed would still
leave a fair average produce. We do not, however, regard
the future emir, of prices depending on a small excess or
deficiency in the home crop so much as on the result of the
harvest in the other cern-growing countries; and until
something definite shall have become known respecting the
produce of Southern Russia and the Western States of
America, we cannot be considered to possess the requisite
materials for forming a judgment on the subject.
The weather has been rather unsettled since our last,
heavy showers having fallen at intervals in different parts of
the kingdom ; these have, however, been generally suc-
ceeded by bright sunshine, and harvest work has scarcely
been interrupted by the wet. Reaping has made considera-
ble progress in all the early localities, but comparatively
little corn has been carried. Samples of new barley and
oats have made their appearance in many of the farmers'
markets of fair quality, and one parcel of new wheat was ex-
hibited at Guildford en Thursday, the weight per bushel
being estimated at 621 b. to 62i1bs.; but the berry was
rather thin and uneven, having probably been cut somewhat
too green. Prices of wheat have crept up about ls. per qr.
at several of the markets in the agricultural districts, the
deliveries from the growers having been so small as to fall
short of the quantity needed for the consumptive demand.
At the leading ports, where stocks of foreign wheat and
flour are held, sellers have found it difficult to obtain any
advance.

In addition to the unfavourable foliate respecting wheat,
another cause of eerie= uneasiness has arisen. The potato
crop has certainly been attacked by the disease on this side
of the Channel as well as in Ireland. The disorder is said
to have spread rapidly within the last fortnight, and the
prevailing belief is that it will prove more destructive than
it has done any preceding mason for some years past. At
present supplies are being hurried to market, and prices are
thereby kept down, bur we may expect that the forted con-
sumption which is now going on will cause &scarcity here-
after.

From
Scotland we have hitherto heard of few complaints,
either in regard to wheat or potatoes, but the adviess from
Ireland speak of blight is wheat, and represent the potato
murrain as very general and virulent. It is therefore cal-
ciliated that the sister isle will require to import extensively,
and large purchases of wheat and Indian corn afloat have
already. been made in anticipation.
No increase has takes rem in the supplied a English
wheat, the arrivals eserwies ifte the pest of Lender hav-
ing amounted to eddy 3,lllirserres dean the week end-
ing this (Saturday) emir& Penner ere sew busy with
harvest, and we can the scarcely expires my increase
in the receipts.
The Bans wed Last reads were nearly bare on Widnes-
iiiLtnut es muds.. INN enly a few small parcels
heft the word emery. The esareicy of the
ga—fia,Poillasa Ohs istandity a drifting like eaten
sirs ink IN ea pill ef Wain, prices have
remained raft the MOM blhe it. Sam feeling confi-
dent of an adman ere =me bees very indifferent
about realising, swept at heeds, met as the mill-
ers have been unwilling to dies. Geed trash sampies of
Essex or Kentish wheat WWII piebald, ham brewed an
advance of 11, per quarter en Nifty, bet the business ac-
tually done was too uaissperent to warrant alteration in
quotations.
The wind having beet waft from the math-west, the
arrivala from the north nod oast have been smell. The
total quantity of wheat received from abroad has amounted
to only 701 qrs.
The ahortnees of the supply and the unfavourable reports
from the agricultural disunite in regard to blight in the
wheat crop, have rendered importers much more confidant
the. they were a short time ago; hitherto they have net
been enabled to establish any actual advance, but the tura
wee decidedly in favour of the miler us Wednesday as well
as en Friday.
There has been a good deal of activity ,in the free-on-
, board trade, bat the Ideas of holders have, in general, been
above those entertained by buyers. In tee early part of
Itbe week red Polish Odessa was sold at 82s. to 32.. 9d. ;
and since then 38i. to 345. per qr. has been asked.
Then have been but few offers from the Baltic, and
those at too high limits to allow of sales being made ; for
moderately good red Stralsund 40s. per qr. cost and freight
has been demanded.
I —.

The sappliee ;Inab of home growth have been small,
only 886 qrs. having arrived ousetwiss, and 6,942 qrs. from
Ireland ; the receipts from abroad have, at the same time,
been moderate. viz., 14,186 qrs. The dealen have 1.....1...zeint-
0ut the week conducted their operations very •
and the Wee have been on a marl limited male then
factors have declined, however, to imam rizq bizdzir ser
cession, and good corn could eartsialy aft be /mimed
lower on Friday than on Monday. The gesseal rows of
Archangel oats were obtainable at 17e., and sew law picked
lots were held at ed. to la. per qr. higher.
Beam have moved off slowly throughout the week, but
prism have net varied.
Pam .have suited little stumble ; the retail sales made
have, bewever, bees at foram terms.
Wien sera arrived off the seem her not bees so muck
inquired far as &teat earisse. sod the latter have comp
mended relatively higher prism than the lamer.

FOREIGN.
The reports frees the eentleent of Europe the
probable result of the harvest are sot so nnvlfas.able as they were a week or two age ; at the ewe One
there are ao actual onsplaints ; sad we are esetehtly dia
posed to think that the produce will en the wig* tees
oat well. The rye atop bas sew hew seuly d severs&
and thus far segue has been said sheet sug $ es the
ocatrary, sou of the assume spa wen ef the pubes of
this grain.
Lytton from Keeigebseg _of the bed Isstantiasolial
last) stale harvest to bets (V peeper there.
rye would, it was expeeted, glee • loud return ; but baby
sad eats set so thessiathebeet Is July harboured
injurious le the ally.
/th Dui& es the fed lesthetasp geser,
the weather led bums
wet; whisk with the unnewbet leen
from hearse, bad Isar ad WU= te seise their
aad wheat was rossalkr held Is. lb. par . this
es that day sem*" •fa smug bus
I due during the pessalsi week. Mle Whs. beg strut
bed maimed 37.. to bk.; 81 to labs. ;ewer Pelf* 4k. to
41s. ; tad nibs. bug, Us. to 435. per qr, free as besed.
The exports 'basis, the mesa of July hod eardeled of
2,878 bets wheat ; tbe whale WO the useptien of 647
lath te Mellest w pub le the Embed Hisgiew
The athlete been thateks. ef Treley's dithy state that a
firms/ram bed be enseeed bp aisle; Oa *WWI having
gained on
Oft Me alp wadi an as elesdaet
as at us tilt
The 158 af what bed
not be.. else& bier the. is 4116.; ad the eseressee
sorts bed has WY at fle. per qt., sese mil Wahl te am
out cart et Greet Delta* big subs of Is. le k per Gr.
on the rates usefully irked.
.

At Daslei& as last agars W limo bus Mar••
threvelisid hly, sal 1t Wiwi Ad de re kw bad
In valmerabbs biwswas ea the vim( us& It may,
boyars!, be seised that, seismal nds,-Irst sad dry
weather dam ass oft= do bans to wont is the
=rams females rd Ism" sad we timbre main *see
repaNs aria samidesslde aseiss. Raise sidisasad Isms
had bass said se issrark, which had leaded to sheik
beldam

Ties shims Ikea tie war couttnantal ports also speak of
an imprened A ks lie what trade, and the sppears
te Mee bon evident dhpailas an the pert et hoiden to
Mel their_peaarniene • Ids eras sertainly W call Has-
burgh oa Tuesday, Ms. to Mk dd. par qr. beim Shea asked
for 61Ibs. wieldy, free ma board at outports.
At Rotterdam, on Monday, business was dull, and wheat
sad rye easily obtainable at previous prism.
The met recently received advice' hall France era
almost antuamous in 'tads( that the harvest has tumid
out less favfbrably in that country than ezpaslnd. Prices of
wheat and dour had nowsequontly rallied at
marines in the interior, as well ea the chief
oa the mast. At Paris dour room 2 frees per seer
Wednesday.
The accounts from the southern couatriss of Bumps
Break Ihvotirably of the result of the crops; and the proba-
bility is that the Mediterranean will have some wheat to
spare for export.
From Oalatx the reports of the harvest are also of a ia
factory character. At that place, Odessa, .Ic., price' of
wheat and Indian cons had begun to tend downwards.
Ilse !Reed sevens from America speak well of the crops,

sad the probable reek of Gat berveat is that 'puree?. At
New York, as the 24th July, Seer gave way about Bd. per
brl., without leading to iswartast operatioas. Isdian
cons wee, oil the ether brad, Is good mum, and about
Bd. per qr. dearer. Shapmals of flour for Great Britain
ware being oratinned, trod ega way ealoslete oa regular sup-
plies km thence.