The Express.
London, England, 1852-01-20 00:00:00

REVIEW OF THE CORN TRADE DURING
TIII VAST WEEK.
-- -
(From the .11.1.1a,e Essrtu.)
BRITISH.

In the commencement of the week the wheat
trade appeared to )1114e lost the buoyancy by which it had
previously been char icterisell ; and the upward move-
ment in prices, which we have had to notice fur smite
weeks past, 14`44:i% NI a check; this we attribute more to the
(Ming off in the condition of the samples (owing to the con-
tinued wet mild weather) than to any change in opinion ;
and though matters may perhaps remain quiet for a time,
we do out expect any reaction will occur in prices.
The arrivals of bread-stuffs from abru.ul have, with the
exception of ft tar from America, been exceedingly small,
and the receipts from !hence have not been by any means
abundant; meanwhile, price. are rather rising than reced-
ing in the different bireign markets, and all the accounts
agree in stating that Indent the advice' from hence be-
come more encouraging, as the season advances, the ship-
ments from the continent to (treat Britain will, in all
probability. be trifling in the extreme. It appears likely
therefore, that we shall, for some time at least, he de-
pendent chiefly on our own growers for supplies; and
as the less wealthy farmers have now comparatively small
stocks on hand, their nicsuitii a having compelled them to
thrash out freely stain after harvest, those who are now the
kprincipal holders will not, we think, over supply the mar-
ets. The expectation that a moderato rise may take place
on present rates does not therefore appear unreasonable,
more especially when we take into consideration the uncer-
tain position of puiitieul affairs on the Continent. We
would, however, caution oar friends not to indulge In too
sanguine anticipations; the winter it must be recollected is
rapidly passing away, and. whatev. r may be said to the
eiontrary, still we feel satisfied that, with the opening of
spring, supplies will reach us from MOW quarter or other.
7he very Id,) that prices will rise is sufficient tu Muse an
importation ; for though there is no margin for profit on
imports at the moment, the that higher terms will b•
current in the course of a month or two will induce steps to
be taken to provide for the expected want ; and when the
anticipated period of scarcity al-rills, we shall probably
discover that the preparations made to meet the same have
been greater than needed. We do not say that this will
actually prove the cue, but past experience certainly bears
out this view.

The somewhat subdued tone of the advice, front 3lark-
lane, of Monday last, hod inure or less influence at the
prinepal provincial mulcts hell on the succeeding day.
The principal bakers having purchased flour rather
freely previous to the rise, the sale has since been fir.
cumseribed, and the operations have, during the week, been
on a retail wale. 1. °reign flour has commanded full
price.,. From the contin, nt of Enrols• we have had no
supplies worth naming, but front America 17,000 barrels
have been received, for good brands of which 21s. to 22e.
per barrel hay tarn realised.
Very little English barley has appeared at market since
Monday lot, and there has consequently not been much
doing to this grain, but the feeling has been strongly iu
favour of a further rise. and we are disposed to think that
superior malting qualities would, if there had been any ex-
hibited, have soil at higher prices on Friday than those
current in the beginning of the week. We have had no
arrival.' of consequence from abroad, and good grinding
sorts have been taken in small quantities at fully as high
rates as before.

The supply of m.tlt has •curcely kept pace with the de-
mand, and the value of the article has rather tended up-
ward,.

The market his been sparingly supplied with oats, the
to:al quantity reported up to this (Saturday) eveniug
having amounted to only 8.131 quarters, inelusive of 4,417
quarters from shroud. lo the early part of the week the
trade was decidedly languid ; hut there was a better
feeling on Wednesday, and on Frailty goal corn was
scarcely obtainable without paying a slight advance. We
arc likely for some time to CUM to be principally de-
pendent on Ireland fur supplies ; and as prices are rela-
tively higher there than on this side of the channel, some
rise in quotations here appears ahnoat inevitable.
English beaus have tome soaringly to baud ; but we have
no improvement to notice either in the demand for or the
value of the article.

l'eas have excited little attention, and prices have under-
gone no change requiring notice.
V. ry full ternsv have been demanded for Indian corn
on passage, and a good many triutsactions have taken
place.