The Express.
London, England, 1862-09-02 00:00:00

THE BRITISH AND FOREIGN CORN TRADE.

(From the Mark Late EXPreio
The weather of the pant week was just what the
country wanted, and • considerable quantity of wheat and
other grant bas aconrdiogly been stacked in better order
than the first gatherisgs. With such a very variable and on
the whole defective crop of wheat, this has been a great
blowing : the grower 1., more power to sell when be pleases
millers have a better choice, and the public better food.
The disappointment eusuiug on the first Loudon soles has
made buyers very cautious since, sod new wheat has further
declined in value, notwithstanding the general belief in a
abort crop ; and even old English and foreign have scarcely
maintained their former value On the continent the tendency
of prices generally has been downwards. At Datzig and
lionigaberg there has been a reduction of le. to 25., and
great hairlines. Odessa has tended towards • decline,
as well as Egypt, and the Italian markets have also given
way, but not seriously. In France there has bees very
little difference, local prices depending on the greater or less
supplies. In Holland they have been firm, and some places
in Belgium note an advance. Is Spain prices have been
I steady or calm. A very large export has continued at New
York at about the same prices as lately current, its destina-
tion being principally to this country, and the last shipments
of wheat about one-third greater then the liberal supplies cf
1861. It is well that the general reports of the new gatherings
in America are favourable, though some localities have suffered
severely by the ravages of insects. The new wheat, by
the prices realised, seems to excel the quality of the pre-
vious season ; but if the curse of war is to continue to
sweep off the labouring population, and the sword is to
stop the course of the plough, the famine of cotton must
be followed by a famine in corn. The yet remaining
savage., of the wait will thus find themselves outdone by
the descendants of colonists from civilised and Christian
Europe.
The arrivals off the coast since 22nd August were 33
cargoes, of which 14 cargoes were wheat, 16 cargoes maize,
and three beaus and rye. The Maine's reported was as
follows :—Banat wheat at 51s, Danube, 40s. 6d. ; spring
American, 495. 3d. ; winter, 1525. 6.1. and fish. ; amber on
omega, 48s. ; maize, 28s. 6d. to 31s. 3d. ; Taganrog barley,
255. • Dsri, 2b. • millet, 24e. . .

Tiro sales noted but week were 42,620 qrs. Wheat at
575. 9d. against 65,45 qrs. in 1861.
The London averages were 61s. 6d. on 1,323 qrs.
The imports into the United Kingdom for the week ending
23rd of August were 199,025 qrs. wheat, 120,286 cwt. flour.
Monday in Mark-lane commenced on a small English and
foreign supply of wheat. The show from Kent and
„x
during the morning was very moderate, and chiefly
consisted of new, very few parcels of which were really fine
or in good order. The jer-valuation of the previous week,
and failure of delivery to sample, so far as condition was
concerned, produced a very depressed market as regards
new wheat, and very little progress was made in sales till
the clue of the market, though offers on the part of factors
were made at a reduction of fully 2a. per qr. ; 3s. abatement
being finally consented to, there was some clearance. In
old there was dulness but no reductioo, excepting the lowest
qualities of foreign, which lost the advance of the previous
Monday. Cargoes afiudt; unaltered in value. On
Wednesday there were 1,040 quarters per coat, with
33.0.30 quarters foreign. Some of the over-left new samples
of Monday, together with those of the day, were disposed
of at ls. reduction on the previous currency. In the foreign
trade business was exceedingly limited, and rather easier
for low sort,. Friday's returns were 1,350 quarters per
coast, and W,210 quarters foreign. The weather having
been very fine all the week, prices of new further gave way,
making the decline from Monday 2s. per quarter, and the
few parcels of old on show were hard to selL Some males of
foreign were made at former rates, hut it was cheaper to sell
in quantity.
There was about the usual quantity of country flour on
Monday, with good average euppl.es. Norfolk*, unless of
the best marks, scarcely maintained former rates. It wan
the same with merican barrels, which could not be placed
in quantity without a reduction of 61, but town prices
not having been raised previously were unchanged, 5111.
being still the top price. On Wednesday there were 360
racks per coast, with 510 sacks 26,390 bat foreign. This
day wu exceedingly heavy, and th Norfolk, were not
offered at lower rates, American was of at tid. per
bit less money. Town aorta were unchanged. Friday's
quantities per coast a ere 990 sacks, with 513 sacks 27,990
Wis. foreign. It was then impossible to get on freely with
country sorts without some decline, and brls. were 6d. to
per brl. cheaper, more especially the medium low sorts.
The barley supply on Moudsy was altogether short, but
few English new samples having been brought to market,
and the foreign arrival was very moderate. All sorts of Eng-
lish well supported former rate., and it was the same with
foreign parcels. both for distillation and grinding, with a
fair 'Non). On Wednesday there were 10 qrs. per coast.
with 670 qrs. foreign. The smallness of the supplies kept
prices of all descriptions at their former range. Friday's
returns were 10 quarters coastwise, and 1,760 quarters
foreign. The little English on show found buyers at folly
as much money, and foreign, both stout and thin sorts, was
unaltered in value. _

The malt trade was very steady on Monday, and prices
of fine quality were firm. There was no subsequent change.
There was a large arrival of foreign oats on Monday,
though the home contributions were mall, especially in
Scotch and Irish qualities. Bureau sorts being plentiful
and in excess, and several more vessels being reported during
the morning, these were rather in favour of buyers, but
all froth Baltic sorts were steady, though the sale was not
so free as of late. On Wednesday there was nothing per
coast, nor any Irish, but 12,230 quarters foreign. This was
a quiet day, notwithstanding the small supply of foreign
and the absence of other sorts, buyers having pretty well
supplied themselves when the market wasfull, but prices were
without alteration. Friday's returns were still no supplies
per coast or from Ireland, but 17,270 qrs. foreign. Though
arrivals of home growth had gait* ceased, and foreign were
not plentiful, this was the quietest day of the week, and
parcels wanted out were cheaper to sell.
There was a fair supply of English beans on Monday for
the time of year, and the f.reign arrival' were good ; there
was, however, a steady trade in English and foreign quali-
ties at fully the rates of the previous week. The trade was
unaltered up to Friday.
The supply of peas on Monday was short both in English
and foreign sorts ; there was, however, but a quiet trade
both in hog feedand old foreign white, with almost nothing
passing in new white for boiling. Prices remained at the
week's close as on Monday.
With moderate arrivals of linseed the trade continued
to exhibit an upward tendency, though the export' during
the week were small. Cakes about maintained former
value. Rates remained firm on Friday.
The seed trade was in calm. The weather lately has
been more favourable to a crop of red clovenieed, but holders
of the small stock of foreign were nevertheless firm. White
seed was neglected, foreign offers being too high for busi-
necs. CarAryseed of fair quality was fully es dear. Other
seeds were without quotable change of value.
The prevalence of new wheat at some markets and of old
at others prevents an accurate account this week ; suffice it
to say that the London decline, followed by very fine wea-
ther, caused a general dulness in all qualities, though where
new samples made their first appearance, and were in fair
condition, but little change could be noted ; yet there was
more reserve set on fineold samples.. Several marketa noted
• decline of Is., as Beaten and Bristol, while Newark, Bury
St. Edmund", Portsmouth, and Market Ranee were Is. to
2s. per qr. cheaper. The last markets were generally 2s. to
Is. lower.

Liverpool, on Tuesday, wan influenced by the floe
weather, there being a general dulnes► in all grain. wheat
being 2d. to 3d. per cent►l cheaper, and maize difficult to
quit unless at some reduction. On Friday, with Hoe
weather continued, the lower description., of wheat were
again cheaper, and flour was. lid. per brl. down, maize being
neglected.
Spring corn this week has very little ch►nged in value.
Edinburgh was down in. per qr. for wheat, and ls. to 2a.
for inferior Mtn. At Glasgow 6d. less per boll and brl.
was taken for wheat and flour, oats declining to 6d. per
boll.

The new corn arrived at Dublin being mostly damp, both
wheat and barley brought irregular prima, sod maize
was but a vary slow tale ; oats, on the contrary, went off
briskly.
The flour market at Paris, without animation, has
maintained former rates, the quotations for the first
qualities being still CA to 65 francs per 157 kilos.
(equal to 391. to 42a. per 28011 w. Boglieb), some millers
holding rather higher. Gillet's sales of flour went
oil well, rates being from 52f. to 601. 50c. per 157
kilos. (345. to 39a. &I. per tkiolbs.) Moos. Dice obtained
as much as 611.25 c. (40e. per 29011 w.) The four and six
marks closed at 621. 500. (403. 9i1.) for disposable ; for Sep-
tember, 621. (40a. The wheat trade closed dull, after
remaining unaltered through the week, growers showing
more disposition to sell, even with some cencession. De
Moutereau bail brought 31f. per 120 kilos. (575. per qr.); I
Du Centre and De la Loire to 36f. (Ms. 6d. per qr.). The
highest price of growers from neighbourhood was
37f. 25c. (575. 6d. per qr.). Very little old was offering, and
that at 331. to 341. 50c. (50s. 6d. to 53e. 6d. per qr.) Rye
had found more favour, and advanced 9d. per qr., the
top quoß,tiou being 201. 50c. per 116 kilos. (325. per
quarter.) Sellers for delivery were scarce. New barley was
but scantily offered •. price 16f. 250. to 16f. LOc. per 100
kilos., old to 151. 50c. per 100 kilos. Fins oats remained
unaltered. the highest quotation being 28f, 50e. per 130
kilos.. 'denim down to 261. Rapeseed still 45f. to 46f.
per 100 kilos., with little for sale. The salami for trifolium
was about over. The wheat market in the couutry showed
little variation from the previous rates; but Houdan and
Gallardou were Is. 6d. per qr. higher. Bordeaux was firm ;
Marseilles, Havre, and Nantes were calm.
There having been heavy rains in Belgium, some of the
markets were rather dearer. This was the case at Bruges.
when wheat was quoted 51e. to 64e. tid., rye to Ids, oats
18s. to 245. 3d. Antwerp was without change, 60a. being
paid for Pomeranian wheat, and 30a. for Stettin barley.
New wheat at Ghent to 60s. ; old, to 63e. 6d. Liege was
per qr. dearer for new wheat, and 13d. for old.
A quiet retail trade obtained at Amsterdam, with prices
just the same, the range for wheat being 42a. 6d. to
625. 6d. No ebonite was noted at Rotterdam ; the beet new
rye there was worth 39a.
The new wheat at Streubing was lees satisfactory, the beet
on the market only bringing 423. 6d., while old rivalirad46a
The best native wheat at Cologne wee worth 55e. ; foreign
to 60s. The gathering of the oat crop was proceeding very
favourably, the yield and quality being reported as splendid.
Lambotte flour was selling at 425. per 2801 be.
With favourable harvest weather, wheat at Romp' berg
was Is. to Is. 6d. per qr. lower. Rye also was somewhat in
buyers' favour.
There were general complaints of the yield and quality of
the new wheat in Poland. Still, not withstanding this,