The Express.
London, England, 1849-10-23 00:00:00

REVIEW OF THE BRITISH AND FOREIGN

CORN TRADE DURING THE PAST WEEK,

BlarlBfl.—After a continued decline in the value
of what during many
.consecutive weeks, a slight rally has
at length taken place in prices, and the trade has, within
the last fortnight, exhibited a firmer tone than at any pre-
vious period for months past. This has, no doubt, been
caused in the first instance by the natural reaction which al-
most invariably succeeds to severe and long continued de-
pression. Whilst the downward movement continued, an
opinion prevailed that good qualities of red wheat would not
fall below 40s. per qr. ; at that point growers would, it was
'apposed, he unwilling to bring forward supplies, and
Milinwould then deem it prudent to get into stock.
eaaviction has been pretty nearly realised ; in the early
part of the present month good new wheat of 621bs. weight
was sold in many of the markets in the agricultural dis-
irises at the price named, and even somewhat below; bat
sins" then the deliveries from the growers have fallen et
materially, whilst the demand has undergone a decided to
;movement, and the rise in quotations from the lowest point
of depression may be considered Is. per qr. That the rise
km been greatly assisted by the extra demand caused W
the purchase of considerable quantities for sowing, smanot
admit of doubt; and for several weeks to come a large pro-
portion of the supply will be required for that purpose.
Meanwhile nothing has transpired to induce us to alter
our opinion in reference to the result of the harvest. In
some districts farmers express themselves dissatisfied in re-
gard to the yield of grain in proportion to straw ; but in
meet instances where this is the case, they calculate on a very
large yield. Our estimate nu, from the beginning, been
more moderate ; we stated it to be our belief that Wheat
would prove equal to the produce of good average seasons ;
Mace than we nave been particular in our inquiries among
sere agrieulture friends, and the result of our investigation
Ms boon to satisfy us, that, taking the kingdom throughout,
the yield will prove equal to our expectation.
As regards potatoes our opinion remains unaltered. That
a portion will be lost we do not question, but that the die-
ease is far less general than in any previous year 'ism its
drat appearance, we feel convinced. During the last fort-
eight this crop have been reasonably supposed that we should
have lad abundant proof of the destructiveness of the rot.
Ile far, however, from the reports having beams wens, it
mast have struck even the lent observant that semplainas
have almost ceased to be heard since digging has bass mar
mimed, which wo think may be regarded as tolerably arose
evidence that the tubers have escaped better than the asp.
pumice of the hauls" led many to suppose would prove the
NIL
The rim in the prim of wheat at Mark-lane, the shortness
of the supplies from the farmers, and en active demand for
✓ed wheat, have clued an advance of Is. to 2s. per qr. to
be established at most of the leading provincial markets held
since Monday. The improvement has been more decided in
the agricultural districts than at the large consuming towns,
but the movement has been pretty general all over the king-
dom.
Onr letters from Scotland inform us that the harvest has
been brought to a close even in the most backward diddle%
sad that notwithstanding the oosesional interruptioes, and
some injury mused by the rain in September, the crepe bad,
oa the whole, prod satisfactory. Very little is now slid
about the potato disease in that country. The more meow
raging advice' from the south caused wheat to beheld highs
on Wednesday both at Edinburgh and Glasgow.
The accounts from, Leland are eomperatively sileat it etei
Bard to potatoes ; this may, however, perhaps be partly
owing to the disturbed state of the country, which must
reader it difficult to obtain authentic information. Both
wheat and as were, according to the most recent advice.
from the sister isle, tending upwards in price, in cease-
'pence of short supplies.
The arrivals of wheat coastwise into London have
amounted to v
w
onslifig,o6l qrs. during the week eliding this
ilittord and the renews per railway have also
• mote; whilst the quantity exhibited at Mark-laneby I riage samples iron the Home Counties ha
sirtissezriwrre b
triflingar; end On
there u little e .Wedwnesdatydettiemor:ffes anriagd %frost
m
finial gonadic The salters appeared, however, to be leas
dimossod to buy than in the begfaning of the week; and
sea la was the supply, some difficulty was experieweed in
=the same at the advanced terms si Miesig MM.
wally the demand rather improved ; still Dhows
was no mesas lively op Friday, no advisees mold be
au previous prism The arrivals ham abroad
ham be ea • more motivate semis chutes the week thaa
be Nos time past; and as the shipmate from the *MIN
eardiremill pseis it Goat HAMM have nemilly bees small,
gesailtsted considerable firmness he
thei townwiuiry
of
bee. far from active, attest
loving still milkiest on heed for their immediate
*war, mil bat few country buyers having appeared at mar-
Wednesday nor %Maps's', the mamma
IMr sTrilalikr es
ybromee. but 111Mse sales wore made boil teems
were radioed my 81k. Is Wks Peak Oder*; 421. to 46e.
'kr Ma NO" Fran* and 4
bolsi= red, as 4k. to 60e.
lag
tor pihmer tarm•--

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The reoeipts of barley of home growth have been short,
and the few small lots exhibited have been readily placed at
prices quite equal to those at which sales were made on Mon-
day last. The demand was fully as active at the close as in
the beginning of the week. Foreign barley has come for-
ward rather sparingly this week; the principal part of the
supply has consisted of grinding qualities, which have beta
t-ken in small quantities, at Lefts similar to thou previously
current. One or two parcels of title new Seale have ap-
peared, which have commanded comparatively high terms
for malting.
Fine new mat has excited some attention, and has realised
fully u high prices as on any previous occasion ; old, unless
very superior, has been difficult of disposal, though freely
offered at last Monday's currency.
The arrivals of Ors coatwise and from Scotland Lave been
small ; from Ireland 3,130 qrs., and from abroad 15.563 qrs.
have been received; but the total supply ie not large. The
dealers have throughout the wee k acted on the reserve, owieg
to the impression that increased arrivals from Ireland ma
Ibe looked for. Factors have, on the other hand, manifested
no particular anxiety to preen business, in which podtion of
Odes the transactions have been on a restricted scale. Really
floe corn was telly as deer as before, on Friday ; and even
the commoner kinds were held, quality eonsidcred, at rates
quite equal to those previously current.
Beans excited rather more attention towards the close of
the week, but Msnday's quotations could not be teaseled.
The rise in the temperature has caused the demand for
white pass to slacken; but neither white, grey, nor maple
could be bought cheaper on Friday than before.
Full terms have been asked for it ating cargoes of Indian
corn, but nothing of interest has talon place in the article.
FORZION.-According to the most recent advices from the
ncrth of Europe, very little change appears to have taken
place in the position of the grain trade.
The deliveries from the growers had not increased, and
old stocks having been reduced into a very narrow compass,
sellers have be en unwilling to make any conce aion.
From Dented we learn that a few shipments of wheat
continued to be made to British ports ; charters had been
closed for Lyndon at 3e. 10.1. tole., to the east coast at 3s. 9d.,
and to Liverpool at 4s 3d.perqr. for wheat. Ratner enhanced
terms had been demanded, and in a •ene instances obtained,
for the few small lots of old wheat brought forward; fine high-
mixed, weighing 631 t.. per bushel was, on the 13th
held at 44e. 6d. to 45s ; high-mixed,62lbe., 435.; fine mixed,
601bs. to 6211 w., at 41s. ; good mixed, Gillis., at 39.. 65. to
405.; and new mixed, weighing 58Ibe. to 60114., at 37.. 6d.
to 38s. per qr. free on board.
Oar Keeigsberg letters are of the 12th of October; the
operations in wheat had during the week been ucimportent,
and pries had undergone little or no change.
At Rostock, on the 15th inst., quotations were nearly
nominal. Very little new wheat had yet been brought for-
ward by the farmers ; the opening price would, it was ex-
pected, be about 365. per qr., free on boar 1, far 621ba. to
631bs. qualities.
The advice, from Stettin are of a similar character. Old
wheat had become vary scarce there, and new having come
but sparingly forward, had commanded fully envious prices,
36.. to 37.. per qr. had been asked for parcels of the latter,
weighing only 611 be. to 621bs per bushel. At Stettin 'good
Oderbruck barley WAS quoted 18.. per 9r., but at several of
the other ports in the Baltic the article had been freely
offered at 16s. to 17e. per qr. free on board. On the whole
but little appears to have been done in ary article for
exportation.
Rambenich letters of Tuesday informs us that supplies of
Wheat baring rather increased, and no corresponding im-
provement having taken place is the demand, prices had
slightly receded. Good Upland red wheat, on the spot,
6111 be. weight, we. then offering at 395. 9.1. to 40s. per qr.
free on board. There had been few offers for outports.
Freight to the east Least of Great Britain was 3s. is 3e. 6d.
per qr., and 10 per cent. Saale Barley had, in consequence
of increased deliveries, been more freely offered ; good 50elbs.
quality had, however, not been sold below 21s. 6d. per qr.
tree on board.
From Denmark there bad been offers of new Barley,
weighing 5341ba. per bushel, at 17s. per qr. free on bond.
From Renaud we learn that more or lers effect had been
produced on the wheat trade by the advice. from hence.
The firmness of holders had been further increased by the
smallness of the supplies, and though little had been done
for export, prices b2d rather tended upwards.
At Rotterdam, on the 15th inst., both white and red,
wheat were quoted quite as high as on that day se'nnight;
superior old Rhine, weighing 63e1bs. to 641b5., was then
held at equal to 41e. to 42.. ; lishter qualities, say 60i1be. up
to 621 be., at from 36e. 9d. to 38e. 6d. per qr. free on board ;
Lae, 62‘lbs. to 631 be , new wee quoted 38a. 3d. to 40e. 6d. ;
sail the common sorts from 365. 9d. to 375. 9d. per qr., free
en baud.
At Groningen, on Tuesday. there was nothing pading in
wheat, and oats were not in such active n quest as the week
before. Thick were quoted 16s. ; and feed, from lls. 3d. to
lls. 93. per qr. free on board.
The latest advice. from Belgium represent the wheat trade
as quiet.
At Antwerp, on Tuesday, new Louvain of 62Ibs. weight
was quoted 395. to 395. 6d. per qr. free on board.
In the French markets prices have lately undergone very
little change, and the accounts from the Mediterranean are
altogether without interest.
By the most recent advises from the United States, we
♦ learn that prices of flour bad tended upwards, notwith-
en standing the want of export demand.-Mork lane Express,
al.