The Express.
London, England, 1849-11-27 00:00:00

LONDON, TUESDAY EVENING, NOVEMBER 27, 1849.

EVIEW 01? THE 8R1T15311 CORN TRADE.

(tram Me Mil zass interest
NO new feature eaktuiCad to impart interest to our
remake has OCCILITIA shier. ear n. m.l &utast
of the twin trade has .11ras exceedingly dill, and the taw
desei a Pekes has "oees downward in all parts of the
kWd.
& of the mak' Gauss of the eentinad depended is the'
unwilling of WATOMMI, =Men, sad dealer, to parsium
MK" than seeded for immediate waste. Boyars still view
the Maw 'with mistrust, end are sot braised to add to their
Keehn say alma in supply over what way tee required for
imusd'ate soneasepdon Is, therefore, instairdy telt, sad this
Vats of &Hain sear likely to last some time lager.
The arrivals of psis from abroad were rather moderate
daring the Int fortnight in Nourtaber, owing to the
thee prevailing treat winds; bat within the lest eight
days the rewire from the Baltic and other unborn and
eastern ports have beim en a liberal male' sad nue lift
le
senses having at the fame time takes plus ia ths de-
liveries hem our 01111 grewess, review' prime have sot bus
'appalled. The •dight impeseematt aishileked is the value
of wheat is the early put st hist week Us been wholly
lost, sad 'potations are sembLif sot oaks or low as at
any period dam harvest, geed IX lbs. red being obtainable
ia many of the provincial markets at issenlar below 40s.

Tee value et barley being relatively Idgle it is not Wine
b tibia that the latter grain will be throned is nehmen to
the former; still we must ealealate sea good supplies of
home-rows wheat thong the remaleder of the year read
We lasseilate rally in its at is therefore emitted,.
We see, however, of ninon thee trending will net go
men lower, as we have arrived at a period of the year
whea, in the usual coarse of things, shipments from the
anthem ports of Barope must be expected to cease;
which circumstance alone is sufficient to establish some de-
pee of continua*.
That the °assumption of wheat has been very great is
proved by the comparatively light stocks of foreign in
granary, notwithstanding the extent of the importations.
Any fillies off in the demand is certainly not to be reek-
oned on • irked it is not untameable to calculate on a
further amens in the consumption. Latterly there have
been strong symptoms of an improvement of trade la the
inenalaseming districts ; in several bindles the heads are
in hl ineglopeent ; and, though we are seise swain as
to expel may rue of importance in the value of spisaltural '
prods" we think there is reason to believe that matter 1,
will mead a little, sad that after the tarn of the year,
end the spring shipments from the Baltic shall again begin
to make their appeasing, prices will net be mach lower
than s. eal
The
deliveries of home-grown what have not hitherto
increased much, which may be partly attributed to the
prevalence of mild, damp weather ; those farmers who
are not compelled to thrash freely preferring to postpone
the operation until the new prodsee shall have been im-
proved by an interval of host. The greater part of the
wheat lately brought forward ter sale has limas ample
testimony or the injurious cffectsof humidity el atmosphere,
having come to hand very rough and damp. That the
iniarkirity of the quality het interfered with the sale ,
does net shift of doubt, satiny improvement in that re-
spect would consequently be followed by a better demand.
As yet, every thing mein in as dull a rtate u possible ;
indeed the depression was ember greater at the markets held
towards the dose thee at shots hold in the early part of the
week, read as yet there me no ink:ones of a check to the
downward movement.
Dyne letters from Scotland, we team that the weather
had sentineed mild end damp. Wheat-sowing end ether
sateen work had beam nearly broaglit to a close, and sup-
plies from the fermented slightly increased. At some of
the ports on the east nest, good arrivals had also taken
plass from abroad, bet at Glasgow the receipts of foreign
rein had not been large. The diseouraging accents from
the south had bed mon or lees influence; bat, with the ex •
oeption of a fall of Is. per gagster on foreign wheat at Edin-
burgh on Wednesday, previous prices bad been about sup-
ported.
Na mention is nude by say of our correspondents of the
potato disease.
The letters from Ireland are also silent on that subject,
and it would therelore appear that the alarm felt early in the
season was not well (added. Prices of wheat, India a corn,
and tots, had, it mew, continued to tend downwards at
several of the raciest Irish markets, bat there was not
much being shipped to this mum.
The arrivals of wheat coastwise into London as yet have
shown no Unease the nann reported up to this ffiatur-
day) evening having amounted to only 2,223 pri. The re-
ceipts by the VoTIOUS railway., have also been small, and the
display of seasples at Mark-lane carriage from the
aughbeariag einaties_owits t.
Oa Wednesday else inn wee bare, and hem Kent
there were only • low ponds, left ever from Monday ; there
wee however, no improvement in the demand, and trifling
as wee the supply, sense diffculty wee experienced is placing
Ike little ea sale as previews rates. Affairs remained in much
the same position ea Friday • from the home counties there
was scsatesty anything casting, but the offers from Lin-
colnshire and Cuabridgeskire were rather more numerous
than earlier in the week, and these sorts were obtainable
en quite se easy, if not rather easier, terms as at any pee-
ving period, notwithstanding which the =Likes conducted
their opastions with extreme nation, and manifested no
disposition to take more rhea they deemed necessary fur
immediate an.
A considerable proportion of the 36,000 quarters wheat
reclined this week from abroad strived previous to last
Monday's market, a large fleet of grain-laden vessels having
come up the alter the repert of the preceding week's
arrivals had been made up. A part of the supply hes ain
gone to the millers direct, and the quantity again
market has, therefore' not been particularly large. Im-
porters have in general manifested considerable firmness, and
many will coo doubt prefer leading to forcing sales from on
board ship in the pease dell state of the trade. Tce
attendance of country buyers was thin, as well on Wednes-
day as on Friday, and the operations during the week have
been altogether on a retail seals; needy purchasers have,
however, had to pay firmer rase for the small quantities
they have been obliged to take too mixing with the damp
new English.
The anneal top quotation for town-manufactured flour
has undergone no change, and fur household previous prices
have no been demanded ; the sale lags, however, been slow.
American flour of fine quality has, owing to its extreme
scarcity, been held at relatively high prices. French has
been Wetly offered at previous prices.
English barley has come forward rather more freely, but
the nehmen appear still to he in want of flue qualities, and
the best descriptions hen been in fair request 'inn last
Monday at the fall rates thencurrent. Blanding and grind-
ing sorts have not moved off so freely, the tattered supplies
of foreign having interfered with the sale of secondary kiads of
Englisb, and in some inmances prices neat is per qr. below
those current en Monday were accepted on Friday. The
arrival of this grain from abroad has exceeded 21,000 qrs. ;
still there has been little or no pressure on the market, good
await qualities having been in tat request at envious prices,
and only the out of wahine maples haven kwi somewhat
heavily on band.
The malt trade has remained in a very piet state;
old, unless very fine, has been difficult to put and even
for prime panel' of new the inquiry bee not been active.
The arrivals of oats coastwise have been tolerably good,
but the receipts from Ireland have been smaller than ex-
pseud, which may be accounted for by the provolone of
contrary winds. Meanwhile, the market has been abun-
dantly 'applied with foreign oats, 42,282 qrs. having been
reported. The principal dealers have acted in the same
cautious manner as last week, being evidently of opinion
that, by holding off until the lying days of some of the
vessels shall have expired, they may be enabled to replenish
their stocks on easier terms than they could at present. The
consumptive demand has also been slow, but factors have not
taken less money for 'telly good qualities, end quotation,
excepting for inferior kinds, which were 6d. to Is. per qr.
lower, remained about the same at the close as they were in
the commencement of the week.
Beans of home growth have not come forward freely, and
the stock of foreign in granary being small at this port,
holders have remained firm, end Monday's currency hashes*
about havend We improvement to notice in the demand for peas,
and prices of the article have remained mach the same as
before.
Floating angles of Indian corn have been held at previous
terms, with little or nothing doing in the article.
FOREIGN COES TRADE.
The continued and progressive fall in prime of wheat in
this country appears at length to have convinced merchants
abroad that quotations will have to come down on the other
side. Hitherto, however, no material fall has taken place in
any of the principal coatinental median stocks in ware-
, house having been reduced into a narrow compass by pre-
/ha large shipments to Great Britain. Until a penal of
lest shall have been experienced the supplies from the
growers will probably be moderate; but after the dose of the
shipping meson, end when the deliveries from the farmers
shall have increased, the value of wheat is likely to settle
down below its present point at the leading Bailie ports,
unless anything Worms= should occur to give rise to spa-
ealation.
At Danzig some further purchases appear to have been
made to complete cargoes, bat a larger quantity having
dame to heed than had been required for that pupae, re-
divas had been under the necessity of taking a portion of
the supply to granary. Badness had, on the whole, become
dull, and former rates had barely been supported, for old
high mixed, 62 to 63 lbs., prices varying tram 40e. to 435 6d.
per qr., according to quality, had been realised ; Infidel new
had soli at Sts. to 36., and the finer kinds at 37e. to Us. per
Qr. free on board. Charters had been closed he Lembo at
its. 6d. to 3e. 9d , for Leith at 31. 6d., and Greelpmesen at
3e. peer qr. for when
At 'Cosigning, on the 16th int, there wee met Mir
doing in any sort of groin. The weather having into wee,
the roan in the neighbourhood had become very reed which
had interfered with the arrival of supplies from the tamers_
old high mixed wheat was sUll held at equal to 40s. ohl
red at egs„ and new from 335. 6d. to 375. per qr. free en
board, the last named price being asked for fine high entsed
qualities. Lap Wiley might then have Wen bought at