The Express.
London, England, 1853-08-09 00:00:00

TILE CORN TRADE.

(Pros the .Vark Lata
BUITISII.

The weather having been fine during the greater
part of the week, the unessines. caused by the want of
geeial warmth and excess of wet last month has been in
some degree allayed, and the upward movement in prices has
I received a cheek. A few weeks of settled weather would
unquestionably make a great difference in the result of the
harvest, inasmuch as we should then have fine quality;
but, se far as the yield is concerned, that cannot now be
increased.
Reaping bar been partially commenced in same of the
earliest districts, and in the ensuing week cutting will be
pretty generally begun in the 'anthers parts of the king-
dom. flies far, we see no reason to alter the opinion
which we have previously expressed in regard to the pro-
bable yield of wheat. Judging from that which has come
under our own observation, and from the reports received
from our correspondents, we feel satisfied that the quantity
will till materially short of an average. blesses. S:urge, of
Birmingham (no mean authority in matters connected with
the corn trade), state, in their last monthly report, that in
their opinion the produce of wheat will prove the smallest
that has been II ted in these islands since ISIG. In the
course of a week or two, when cutting shall have made
some progress, we shall be in a better position to form a
lodgment. We prefer, therefore, to wait for further inform-
ation before venturing on anything like an eotimate as to
the probable deficiency.
The potato disease doe. not appear to have spread so
rapidly since the cessition of the rain as previously, but
great doubts are entertained as to the policy of keeping
those apparently sound; hence liege quantities are being
hurried to market, which no doubt has had some effect on
prices of wheat, by lessening the consumption of bread.
Farmers hare—as is not unusual just previous to the
commencement of ha —thrashed wheat rather freely,
and the supplies from the growers have been larger than
at any previous period for some time past. This circum-
stance, together with the improvement in the weather,
suffices to account for the duluess in the trade, and the re-
action of Is. to 2s. per qr. which has taken place in prices
at some of the provincial markets. We are inclined, how-
eve:, to think that the depression will prove only tempo-
eery, and that wheat will bear a higher value after harvest
than it has yet attained.
Present prices, though about 10s. per qr. higher than the
average sines the abolition of the corn laws, are moderate,
under existing circumstances, which may be thus raume-
rated. A &altar. wheat h t in (treat Britain and
France—a failure of that crup in several of the southern
countries of Europe—short stocks everywhere except in
America—and last, though nut least, imminent danger of
the quarrel between Russia and Turkey leading to a war in
which England and France may become involved.
Such being the position of affairs, we can scarcely ex-
pect that the languor by which the grain trade has been
characterised the last few days will be of long duration.
The arrivals of grain from abroad have been rather
liberal this week, many vessels long delayed by contrary
winds having been enabled, by the shift of wind to the
northward, which took place about the middle of the week,
to reach their destination.
A portion of the expected supply of oats from Russia has
come to hand, and the receipts of wheat from the Baltic
have been tolerably good at several of the ports on the
east coast. 'I he appearance of a somewhat Larger supply
of foreign grain than had been reckoned upon, an in-
crease in the deliveries of wheat from the farmers, and '
the decided improvement which has taken place in the'
weather, suffice to account for the slight reaction which
has occurred.
There has been very little activity in the trade at Mark-
lane since our last, but factors have displayed considerable
firmness.

The arrivals of wheat coastwise into the port of London
have been small, and hardly a sample has been brought
forward bylandearriege. The transactions on Wednesday
were quite insignificant, and, in the absence of business of
importance, quotations remained nominally unaltered. On
Friday there was rather more inclination to purchase fresh-
thrashed qualities of English wheat, and nearly all that wag
shown on the Essex stands was placed at similar prices to
those current in the beginning of the week.
The general weekly average fur wheat for the kingdom,
published on Thursday ia 625. 7d., and the London return of
Friday 59.. 3d. per qr.
Foreign wheat has come freely to hand, upwards of
40,000 qn. laving been reported up to this (Saturday)
evening. There has been very little country demand, and
the town millers appear to have sufficient on hand for
present use. The operations have therefore been on quit*,
a limited scale, but there has been no disposition on the
part of importers to press sales. Several cargoes have
already been landed, and the probability is that the same
course will be pursued in regard to future arrival,. There
was not much doing in floating cargoes from the Black Sea
ports in the early part of the week, but there was • revival
in the demand on Friday, in consequence of the warlike
intelligence from Turkey. The prices paid were fully (as
high as before; indeed, on the finer kinds an advance wan
established, 491. to 50s. per qr. having been paid for T.
rog, Gherka, and Berdianski, and 4f.a. per qr. for Orlmes.
01 the thirty-one cargoes arrived off the coast, only two /re-
main unsold. The transactions in Baltic wheat free on
board have not been important, but very full prices have
been asked by sellers-ray don. for red from the lower porta,
and 31s. to 645. for good to hoe white from Danzig, Kosuga-
burg, and Stettin.
The sale for town-made flour has been slow throughout
the week, the bakers having paid the recently enhanced
rates with evident reluctance. Country marks have also
WOLVERHAMPTON RACES-MONDAY. moved off tardily, and there has been less doing in
American than of late. The arrivals of the latter have
Tatar. Swims (handicap) of 5 sou. each, with .50 added.
Penalty for winnen. One mile. (16 subs.) net been large, only 8,400 barrels having come to hand.
Mr. Sunnis Clot, by Touchstone, 4 yes, fat 91U Stocks of malt appear to be light, and the demand con.
,(Clement) 1 tinuiog good, holders have shown a disposition to demand •
Mr. J. Booth's Mayday, 5 yes, Est 10lb ....(Wells) 2 further advance.
Mr. B. Land's Odshain (Li b), 5 yes, Ist 121 b The arrivals of oats from our own coast have been small,
(H. May) 3 but some increase has taken place in the receipts from
The following also raa: Tricksters., Humphrey, Deli- Scotland, which, with a good supply from Ireland, and
ance ch fby Ithuriel dam by The Saddler, Haco. large arrivals from abroad, have, together, afforded en
Betting : 6to 4 agst Calot, 6to 2 apt Humphrey, 4to 1 abundant:display of samples. The principal dealers held
apt Mayday, 8 and 10 to 1 agst any other. Won easily. be off on Wednesday, until factors consented to submit to
half • length. Same distance between the second and thuffi a decline of 6d. per cir., at which reduction a good bust-
Humphrey a good fourth. Ithuriel filly fifth. Hun a nese was done. On Friday there was again rather an active
bad sixth and Trickstress seveath. Defiance got badly off, demand at the alsatesneut named, and • large proportion of '
and after cantering a short distance was pulled up. the supply was cleared off.
PIIODCCI STAMM of 10 sue. each, with 20 added ; for Beans of home-growth have been more freely offered,
3 yr-olds; colts, Sat Glb ; Slues, Sit 31b; allowances fur and purchasers have had the turn in their favour. In
untried horses and mares. Once round. Egyptian nothing of much interest has transpired.
Mr. nature Whaleboat, by Heron, Set. 31b The few lots of peas brought forward have been held at
(Well') 1 previous prices. One small parcel of new was exhibited on
Mr J. B. Minor's b f by Faugh-a-ballagh, out of Friday of fine quality.
Betty &Pock, Bst (Charlton) 2
Rather en extensive business has been done in Indian
Betting: 6to 1 on Whalebone, who made all the run-
corn, principally is distant cargoes. The prices paid have
sing, and won, hard held, by four lengths.
!Note xxxxx rrox &mass of 20 sow. each, with the been,_ about
, Is. per qr. above those at which purchases might
Tradesmen's Purseet 100 eon. added. Penalties for win- have men made lam weak*
nen and secoad horses. Twice round and • distance. (45 FOREIGN.
ask., 19 of whom pay 6 sore. each.) The advice' from the Baltic are of • somewhat more
Mr. W. Palmee's Doubt, by Gladiator, aged, subdued tone this week. The demand for wheat fur ship-
7•t Illb (W. Sharp) 1 meat to Great Britain and France had, we are informed,
Mr. Wright's Montague, G yes, Set 2.1 b (Waketield) 2 slackened, which, together with an improvement in the
Ms. Sason'a The Black Doctor, 6 7n. Bst 41b weather, and the near approach of harvest, had rendered
Clement) 3 sellers rather more inclined to realise.
Mr. Forster's Musician, 6 yes, Ist 10lb (G. J. Sharpe) 4 Danzig letters, dated the 2nd instant, state that the
The followingalsoClothworker, PutrjeftAi wheat crop in that neighbourhood was effected by blight
Pieria, Trifle, Lough Bawu. and mildew, and that the probable result of the harvest
Betting : 7to 2 apt Pastryeank, 4 to 1 apt Musician, 6 was not expected to be favourable. The finer kinds of
to 1 each agst Doubt and Trifle, 6 to 1 agst Nerve, 100 to
16 agt Black Doctor, Bto 1 agst Lough Dawn, 10 to 1 apt wheat had become very scarce, and for superior parcels
very high terms bad been asked: 565. 6d. per qr. tree on
Clothworker. board was actually paid • day or two before for • choice
Soon after starting Black Doctor went te the (root with lot. Vessels were exceedingly scarce, width. per qr. freight
Pastrycook* and Clothworker class in attendance, Doubt had been asked for London.
lying fourth and Nerve fifth. On reaching the three-
Konigsberg letters, of the let of August, inform us
quarters of • mile post Pastrycook took the lead,
that the weather had been cold and wet in that neigh.
followed at short intervals by Black Doctor,
1/34°- bourhood that the growing gni crops were not pro-
Dawn, Nerve, and Doubt in the order named. .
greasing favourably, and that potatoes bail bees rather ex-
Entering the straight Lough Dawn took up the running, tensively attacked by disease. Holders of wheat bad con-
with Pastrycuok second and Clothworker third, Musician
1 demandsd very full terms, say for 61 to 62 lbs.
and Nerve bring the next two. Repealing the three-quay
M M 521. 6d. per qr. free on board, and
121'1'1'1mi:tel
tenor • mile post, Black Doctor played up to Musician, It • • - - •
and Doubt gradually gained ground. On rounding the corresponding terms for the commoner descriptions.
tura into the straight Montague joined the leading horses, At Stettin, on the 3rd instant, there was not much doing.
and when near the distance he obtained the advantage • Stocks of wheat on the spot had been reduced into a very
but Doubt, Back Doctor, and Musician immediately closed narrow cog/page, and the supplies irons the growers had
with him, end Doubt cleverly achieved the victory by half been scanty ; there bad therefore been no disposition on
a length, Montague beating Black Doctor by a neck and the part of sellers to give way, and good qualities hail not
Musician finishing about a length behind the latter. Nerve bun offered below 50e. per qr. free' on board. A positive
was fifth. Lough Bawn and Pestrycook, close together, bid of 495. per qr. might perhaps have met with attention ;
were the next two. Trifle and Clothworker were tho last but the high rates of freight had prevented buyers coming
two ; the termer trotted io, apparently somewhat lame ; forward. 6e. 6.1. to se. 9d. per. qr bad been asked fur first-
the latter walked in. l'ace very moderate throughout. clam ships to London.
Before the race Mr. Saxon entered an objection against At Rostock, on the let instant, business was quiet, the
Musician on the ground that be had incurred a penalty of 'deices from England of the 28th and 29th July, having
7lbs by running a dead heat with Sharavogue for • Ilandi- tended to allay the excitement. The trifling nature of the
cap Plate nl 100 f. at the Newmarket July Meeting ; the stock on hand bad, however, rendered holders very firm,
conditions of the Wolverhampton Stakes stating " that the and the best heavy qualities could not have been bought
winner of any handicap amounting, with or without addi- below 625. per qr. free on bard.
tions, to loot. including his own stake, to carry 71be extra." Hamburg letters of the 3rd instant, state that wheat had
The 1001. wag in the instance named divided between Masi- not been offered cheaper than the previous week, but that
ciao and Sharavi.gue, and although runners of dead heats the demand had been leas active. Quotations were then,
are considered wionsqrs, it was argued that Musician was fur light 58 to 5916 x. qualitie., weighed up 60 lbs., 51e.
the winner of only or half the plate. Mr. Hellier, who to 52.5. 64. ; whilst for 60) :be. upland 63.• Al, per V. was
was the only steward p..esent, decided, after a consultation asked. From outports prices were equally high. Barley
with Alderman Copelsn.l, that Musician was aot liable to and oats had not varied in value.
the additional impost. In the Dutch markets the tendency of prices has con-
Di ATCII fo,- 601. One mile. tiaued upwards; and at Rotterdam, on Monday, wheat
Mr. Goddard's Priam the Third, by Young Priam, was dearer than on that day se'nnight. We have similar
4 yn, Bst bib
Mr. Blom 's Theorem, 5 yes, Sot 716 ....(Wakefield) 2 In the southern departments of France harvest has
Betting: 6t04 on Priam, '..ho made play throughout, made some progress, *and in the north cutting has been
and iron easily by a neck. partially courenencel". The accounts as to the yield
COSMITTEE STAKIS of 5 110 M. each with 2.5 added, for aro almost unanimous in stating that the crop is below an
two-year-olds; colts, Set 716 ; 11111. e, Set 41b. The winner average. In some districts the deficiency is estimated at
to be sold fur 1001. Allowances if to be sold for less. one-fourth, and in others still more; whilst hardly a
Straight half mile. single instance is recorded of the yield exceeding en
Mr. W. T. Copeland's Antonia (4.01.), 6st 111 b, avenge. The weather having, however, become fine, then
(Wells) 1 had been Ices disposition to buy wheat, and the extrema
Mr. W. Ilalford's Yafa (40(.),65t 1116... .(T. Cliffs) 2 rates obtained the week before had scarcely been main-
Betting 5t04 on Antonia. Won by two lengths. The tained. At Paris, on Wednesday, flour was lfr. per sack
winner was sold by auction to Mr. Saxon for 110 gLIMMIA. lower than on that day se'nnight.
LADIES. Puma was won in three heats by alsayton geld- The accounts from the South of Europe speak most
age (13 ran.) deplorably of the result of the li ; and in the Italian.
BETTING ON THE COURSE. states the value of wheat had risen to almost famine prices.
EBOR HANDICAP. The exports of grain had been prohibited from the Two
6 to 1 apt Catepaw (t) Sicilies, and from the Papal States.
10 to 1 - Lord Lienteneat (t) From the more distant ports on the Black Sea, we learn
ST. LEGER. that a lively demand had been experienced for wheat on
9 to 1 apt The Keine (t to 1000 French and Italian account; end at Galati, Odessa, Be.,
Fine weather and • satisfactory supply of sport marked prices of wheat and Indian corn had advanced.
the opening day. Since last year the committee have effected From the United States we learn that, after receipt of the
many yudiciose improvements, and actuated by • liberal English advice, per Europa, the demand for flour had suds
spirit they are maim well directed elfurti to command deftly been checked; and at New York, on the 23rd ultimo
success. The coarse was crowded by Pleasure folk, but the the article wee obtainable 011 easier terms than the war
a:Madam* of spetaslalen was SIMOVIIISt scanty, Were.

1000 to 213agstliT.Isle;;;TliolibielCiorde (t)
DEMBY.
1000 to 40 apt Mr. J. Adkins's Reby (t)
1000 to 30 Lord Derby's Dervish (t)
1000 to 10 Mr. H. J. Thompson's Sir Jams On-
ham (t)
BATH STFIFLICLIABII.—RINGLEADRIL t. FORDAT LAD.
—Althoogh the principal bookmakers who had bets on this
event hive settled, despite the objections which were
raised against the stewards' decision, two or three parties
persist is holding back, on the plea that they are not aware
that law proceedings have been abandoned. Were they
inclined, however. to arrive at the truth the way is easy
enough. It would be only to their credit were they to fol-
low the example alluded to above.
BkIGIITON RACTS.—PATILION PLAT' OF 1001.—III
answer to numerous inquiries, we have to state, on the
authority of Admiral Rous, who was one of the stewards,
that a plate me is not considered a p.p. race, and that, as •
601. plate was substituted for the 1001. plate originally ad-
vertised to bs run for, all bets on the latter became void.