The Express.
London, England, 1851-03-18 00:00:00

D-15161-6-ThE PAST WEEK.

REViEW OF THE BRITISH CORY TRADE

(From the Mark Lone Evros.)
The arrivals of bread stuffs from the Black Sea, ate.
off the coast, have been much less plentiful this week than
earlier in the mouth, and the prevailing opinion is, that
most of the shipin slits made from that part of the world
previous to the navigation becoming impeded by ice (which
did not occur till January) have now come to hand. A few
straggling cargoes may. perhaps still drop in, but we are ,
not likely to have anything like such large supplies as we
have recently been receiving from thence. 1 Ise effect of
the late receipts will, however, be felt for some time, only';
• comparatively small proportion of the supply having as
)et truiedo:leto„.Sontos",`l7l.,i.orenn't poßyr„fairntllreelarirneda,t ear leoarist-
siderable quantity to Bristol and Gloucester, and some
to Loudon, Liverpool, and eves to Scotland. The re-
ceipts direct front abroad hare not, us already stated,
been heavy since our last; but the distribution of the
300,000 to 401,000 qrs. of wheat and Indian corn, previously
concentrated at one or two points, has afforded ample sup-
plies at the diffment ports to which the vessels have been
directed to proem', and this circumstance has been unfa-
vourable to any improvement in prices. The wheat trade
has, nevertheless, maintained the somewhat firm tone which
it assumed towards the close of last week, and at several of
the large consuming towns in the north, and at most of the
markets in the agricultural districts, the value of the article
has rather tended upwards.
Some time must yet elapse before supplies of consequence
can mach as front the Baltic; and by the moat recent ad-
vice* from France, it appears that the shipments of flour for
British ports had fallen off materially, in consequence of the
unfavourable result of previous consignments.
Meanwhile there is little prospect of our own growers
bringing forward much corn until they shall have coin-
I /Acted the sowing of the spring crops, which can scarcely be
aecomplisheil until about the middle of April. We are,
therefore, inclined to think that present rates may be pretty
safely reckonedl upon during the next month. how prices
may rule subsequently will depend in a great measure on
the character of the weather, and other circumstances of
which nothing at present can be known. The reports thus
tar speak well of the appearance of the autumn-sown wheat,
and, as far as spring tillage has proceeded, the work has
been done in a highly- satisfactory manner.
Our letters front Scotland inform us that fair progress
' had been made with outdoor labour. Notwithstanding the
somewhat firmer tune of the advices from the south, the
wheat trade remained in a languid state at the chief mar-
kets, owing to the extent of the foreign arrivals.
Considerable supplies of wheat and Indian corn having
been received at several of the principal ports iu Ireland,
the value of both articles had, it appeared, tended down- I
wards; and, though the deliveries from the growers had
been moderate, business had been dull, save for home-grown
wheat. Oats had come forward sparingly, and this grain'
is evidently becoming somewhat scarce in the sister isle,'
whirls induces us to believe that we shall not receive any
supplies of moment from thence, whilst our markets hold
out so little inducement to consign.
The arrivals of a heat coastwise into London have been
small, only 2,721 qrs. having been reported up to this
(Saturday) evening. The quantity brought forward by,
land-carriage samples from the neighbouring counties has
meanwhile been quite trifling ; and, though the demand
has not at any period been active, factore have insisted on
prices quite as high -is those previously surrent. The opera-
tions on Wednesday were necessarify unimportant, there
being scarcely a sample exhibited either on the Essex, Kent,
or Suffolk stands ; and, though there were a few runs fresh
up from the tint-named county on Friday, still the supply
PM too unimportant to allow of extensive tmnsacuons.
The town millers have at no period of the week shown
symptoms of being iu any immediate want, and the trade
altogether has been more firm than active.
A considerable number of the cargoes of wheat lately
arrived off Falmouth from the Black Sea, &c., having come

round to London, the supplies of foreign have been
over 46,01;0 qrs. haring been received during the
week. Meanwhile we have had very little country. inquiry,
and the supply has, therefore, been considerably In exeess
of the demand. Really fine qualities, such as Dantrie and
"buttock, have been held with firmness, at previous prices;
but to have sueceeded its making sales of Black Sea or Da-
nube wheat from on board ship, it would have been neces-
sary to have accepted comparatively low rates. So unwil-
ling, however, were purchasers to take more than needed
for immediate use, as to render it difficult to sell largely
upon almost any term.; and, in the absence of business of
moment, quotations have remained nominally unaltered.
For floating cargoes of Polish Odessa wheat ult the coast
very full terms have been demanded, but there appeared
less inclination to buy on Friday than earlier in the week.
The demand for flour has been steady, and the top price
for town-made has been well supported. Until towards the
close of the week we had moderate supplies of flour from
abroad, but within the last few days the receipts have again
increased. Importers have, nevertheless, remained firm,
and neither French nor American was lower un Friday than
earlier in the week.
Barley of home growth has come to hand sparingly, and,
superior malting qualities having been sought after, pre-
vious prices have in some instances been slightly exceeded
for the best, whilst secondary sorts have been easily placed
at late rates. The arrivals from abroad have amounted to
only 2,010 qrs.; and, though the demand has not been par-
ticularly lively, sellers have found uu difficulty in obtaining
former terms.
The previous value of malt has also been well supported.
The arrivals of oats from our own coast and Ireland have
been trivial, and the supplies of foreign small; altogether,
only 16,513 qrs. have come to hand during the week. The
principal dealers have conducted their operations with ex-
treme caution; and, notwithstanding the shortness of the
supply, factors have been unable to establish any quotable
advance on last Monday's prices. On Wednesday, the
operations were quite on a retail scale, nor were the bar-1
gams closed un k riday by any means extensive,. iu which
position of affairs prices underwent little ur no change. The
stocks in the hands of the dealers ore certainly decreasing,
and • small advance in prices appears by no means impro-
bable.
The quantity of beans brought forward has been about
sufficient to satisfy the demand, and no alteration has taken
place in the value of the article.
Peas lase moved off very slowly, but buyers have been
unable to purchase cheaper than before.
There has been some inquiry from time to time fur In-
dian corn afloat, principally for Ireland, which has encour-
aged holders to ask previous rates.
THE FOREIGN CORN TRADE.

---
By the most recent advices from the northern con-
tinental porta it appears that very few shipments of grain
were being made for British porta, and that the transactions
of the principal markets had been on quite a retail scale.
Rather sharp frost seems to have been experienced, and
some uneasiness was beginning to be felt as to the effect of
the cold on the young wheat plant. It is, however, gene •
rally admitted that the crops arc looking well.
Danzig letters, dated 10th instant, state that during a I
period of several weeks scarcely a purchase of wheat had
been made for export, the few orders received from hence
having been limited much too- low to allow of their execu-
tion. The local demand had also, we are informed, been
trivial, speculators having manifested no disposition to enter
into fresh engagements. In this position of affairs quota- i
tions had become perfectly nominal, but holders had dis-
played more firmness than might, under the circumstances,
have been expected.
At the Lower Baltic ports, the transactions appear like- ,
wise to have been unimportant, higher prices having been I
asked fur both wheat and spring corn than buyers had been
inclined to pay.
Our Rostock letters, dated 10th March, inform us that
holders of wheat in granary, had manifested no disposi-
tion to accept less money, though the demand had been
exceedingly slow. The supplies bruuKta forward by the
farmen had been offered at comparatively moderate terms,
and good 62 lbs. quality might have been bought so as tube
put on board at 355. per qr.
Stettin advices, of the 10th of March, state that a good
many parcel. of wheat had changed hands the previous
week, but that the demand had afterwards subsided. 61
to 62 lbs. parcels were then quoted 335. to 345., and 60 to
61 lbs. 32a. to 335. per qr. free on board. Barley had been
held firmly; Oderbruek at 16s. to 16s. 6d., Pornmeranian
at 16s. 6d. to 175., and Silesian at 171. to 17s. 6d. per qr.
At Hamburg, on Tuesday, wheat was quite as dear as the
previous post day, but the actual transactions were not im-
portant, either in parcels on the spot or cargoes to be
shipped from out-ports. Marks red wheat on the spot, '
weighing about 61ilbs. per bushel, was quoted 36a. Gd. to
375. ,• whilst from Pomerania, Wismar, and Holstein, 614 to i
611bs. qualities had been offered at 3.55. to 355. 6d. per
quarter free on board. Barley had become scarce, and
Seale, of only 491bs. weight, was quoted 22.. per quarter
free on board. From Danish Islands, 53 to 541bs. kiln- I
dried barley had been offered at 17s. 6d. per quarter free ,
on board. Freight to Loudon, per steamer, was still Is.
to 3s. 6d., but to Hull only Is. 6d. per quarter, for wheat,
with 10 per cent.
At Rotterdam a fair extent of business appears to have
been done in wheat ; and Zealand, as well as Rhine, was
fully as dear on Monday last as on that day week. A parcel
of new Rhine, weighing 59}lbs. to 601bs. per bushel, had I
been sold for export at 345. 3d. per quarter free on board ;
heavier sorts had, however, been held relatively higher.
In spring corn very few bargains had been closed. Brew
and Poland oats were quoted 15s. to 17.., and feed 12s. to
11s. per quarter free on board, according to quality.
Quotations of oats appear to have been very firmly sup-
ported at all the Dutch markets, and there seems to be
little prospect of supplies of any extent reaching us from
that quarter.
The latest advices from France are of a decidedly firmer
tone, government purchases of wheat having been made in
many of the departments at prices which had exceeded those
. likely to be realised in our markets, after paying freight,
; &c. At Paris, notwithstanding a and increasing stock,
t dour had risen in value Ito 2 Aim* pm eaek ; and this ad-
. vance had had more or less influesos on prices at ports on
the coast.

ABOLITION OF THE DUTY ON PAPER.

Yesterday a meeting of Irish representaJves and ss
others took place at the King's Arms lintel, Palace-yard, is
Westminster, to consider the beet means of pressing on the itt,
Chancellor of the Exchequer the necessity of abolishing 23
the excise duty on paper. Mr. Jolts ltorsoLna, M.P., in
the chair. 23
Amongst thoao present were, Mr. Higgins, M.P. ; Mr. Fa- !L
Rau, M.P. ; Mr. Cowan, M.P. ; Sir Timothy O'Brien, M.P. ;
Captain Greene, bLP. ; Mr. T. 3PCullagh, M. l'.; The Olior• to
man Mahon, M.P. ; Mr. P. S. Butler, M.P. ; Dr. Charles St.
Mackay ; Dr. Gray, of the I)ublin Freemax ; Mr. Duty, 23
of the Nation ; Mr. Peter Borthwick ; Mr. Figitins ; Mr. ;2,1
It. Heron ; Mr. 11. Jordan ; Mr. W. Courtney ; Mr. J.
Cameron, Mr. Them, &e.

After a long 'Teeth from the chairman,
Mr. 0r.31.c UL LAG 11, M.P., moved a resolution to the effect SO
that the excise duty on paper impedes the progress and ex- 16;
tension of the manufacture: and, by paralysing enterprise, Lt.,'
operates most injuriously on the interests of trade and the 2
employment of the pmple. In proposing this resolution, ge
Mr. it 'Cullagh observed that Ireland had a special claim in SO
this particular, as she had maintained a paper manufacture lilt
against her English competitors, and would get on very le
well if the weight of taxation put upon her were not too .1:1
heavy for her strength. IS
Dlr. FAGAN, M.P., seconded the motion, which was x
carried unanimously.
Captain UItEENE, DI.P., moved the next resolution— 1111-
that a deputation be appointed to wait upon the Chancellor
of the Exchequer and also upon Lord John Russell, with a 16
view to obtain the repeal of the paper duties.
Sir T. O'BRIEN seconded the resolution, which, after Iv
some conversation, was passed. It.
Mr. HIGGINS, M.P., moved that the chairman be re- 30,..
quested to fix a day tsar the deputation to attend in Down- a
tug-street. St
After some further conversation it was agreed that the
deputation, whilst mainly consisting of Irish members SI
:tautiinigncilliutate re
such English upez;,,e,,nrstata.i v esmoifg tat
lit: willing
SO
to further theobject desired.
The meeting then separated.

COMMERCIAL AND MARKETS.
81.

MINCING-LANE,-THIS DAY.

SVGAR.—The public sales, which amount to about 10,000 i Sli
bags, are prognloung without spirit; the Mauritius most in 9
demand, Madras a shade lower. Refined dull ; grocery 1°
lumps, 48s. to 50s. 6d. Mil
COP7RI.—The public sale of plantation Ceylon went off Itil
at about preview rates ; the Costa Rica a shade lower. 2.0
(loud ordinary native Ceylon quoted 465. to 475. le
TR/c.—A part of the fresh arrivals of common Cungou Is
have been sold at lltd. per lb., which is O. under the late
highest point of the market. St.l
Se
SALTPETRR.-3,000 bags were offered, and a very small to
part only sold ; refraction, 81 sold, ifs., which is Pal. lower. M
PIMENTO.-200 bags sold in public sale at full prices, 41d. )a
to sd. per lb. so
M
SPICES remain steady. 20
SPIRITS continue dull. 20
Corrox.—The market remains inactive. M.
In other articles no material alteration. 23
2.4
TALLOW MARKET.—THIS DAY. ft.
The market has again advanced, and prices arc now
quoted at the following range: Town Tallow, 38s. nett 34
cash; Petersburg T. C. on the spot, 411. lid. ; March and
April, 41s. 6d.; last three months, 40s. to a9s. 9d. m

WOOL MARBET.—THIS DAY.
10 the private contract market, although the supply of "
most kinds of Woul offering in comparatively small, on the to
whole there is rather kV) demand. In prices, however,
there is no change. The total imports of last week amounted
to 941 bales, of which 40 bale+ were from Alexandria, 40 2.
from the Cape, 198 from Bombay, 39 from Kertch, 180 ,
from Mogadore, 333 from Otlesret, and 105 from Leghorn.
Heavy arrivals arc now looked fur from the Australian co- I u
tunics.

COTTON.—H.tvRE, MARCH 17.
The upward movement lust reported in tho Havre Cotton
market was well maintained to-day. Sales, to 2 o'clock,
1,252 bales. Prices range from KC to 07f. 60e. for Tres or-
dinairs for New Orleans, being an advance of If. to 11.50 c.
on Friday's quotations.

SMITHFIELD HAY MARKET.—THIS DAY. so
Mows. Cooper and Davis report the supply short, but
little trade, owing to the wet weather at the tollowing quo- ;:5'
tations : Prune Meadow Hay, 765. to SOL ; inferior ditto,
60.4. to 704. ; ltowen, 041 s. to his. ; Clover, 704. to SOs. ; se- 191
cond cut, 635. to 72a.; Straw, 235. to 28s. 90

SOUTHWARK POTATO MARKET—THIS DAY.
Our market is,well supplied—quite equal to the demand, si
which is exceedingly heavy; and it is with difficulty the n
following prices are realised:—York Regent's, 71M. to 00, ;
Scotch ditto, 60s. to 705.; Scotch cups, 60s. to 70s. ; Cam- 2
bridgeshirs and Lincoln Regents, Ws. to 705.; French so
whites, 555. to 60s.

LIVERPOOL, March 17.
STOCC-Ekcitices.-Tho share market opened this
opening with lras buopirey than on Priddy and rraturday hot.
There ho however, beta during the (ray • good toriiners done, and
the market dosed with firrunera. The WA end foreign hoes bane
hoes in amend. Atrerileen, 194 - LiDadorrian, 166 174- Ditto
(gw inane shares), 14 -Che.ter and 11.4,b,e4d, a44-East Lancs.
Dram 134 WI 6 -fiilicrurgh and Glasgow, 4414 40-Edinburgh,
Path. pad Dundi 1 1 -Glasgow, Perth, and Greenc2k, 144-Ditto
(4 Yarn), 74-Great Noel:tern, 134-Kendal and Windermere, 11
-Leaarahiso and Yorkshire, all 4 -Data (fifth shares), G S.:O d.-
Ditto (SA P shares), lb d.-Ditto 6 per sew. Pref. share., 134- •
Lads raid Think. 314 -Liverpool, Cranny. end racitaport. 14 p. -
Ledanand Norm tender., 133 26-Ditto (11111 W 4 ohareo), 64 1 6p.
-I) (lifth sharer), 6 1-16 6 p.-Ditto (quarter shares, C), 34
Mrawierater, 13hedield, and lineonobire, 00-Ditto (preference
sfisreohU4-Dim (61. new preference), 11-16 p.-Mirliond,
Ditto (1 whores), 11l ii-Nor h brine; 16 4 t 6-teerre Suakmda.bor,
d.--Nceth Western, PI 4 d.-ratrowsbay and Birmingham
(91.126. 3d. B). 64- 4rara Eratern sod Dover, 'MI-Wrath Stafford-
, shire, SC-York, Newc racks, and Brawl& (unpaid up), 1 d.-York
and North Mid an 1. 164-Belfast end Ballymena, 31 4/ 3-west
Southern ocd %Western, 454-Boulogne awl Amiens, 104-Dutch Ithw
Dish, St d.-Northern of Prairie, e. par-Bonn and Mars, 111-
, Ombra and Mouse. 41 -Tours end N .nteo, 04 d.

MANCHESTER, March 17.
BTocc ElCllitatin.—There was • fair amount of busi-
ng**, sad prim warsgonerally, but not italforaly, firm „it last quota-
than. kiosk of no kind, however. gave guy more than a shade, and
though there were non ...hers in the owlet, perhaps, than buyers,
a healthy feeling prevailed. Laneuhlre ad Yettabors barely sup-
ported hat gm xatiom, being done at 64 : bat Ithergebla realised WI,
or Maly Ws. silvans,. Loudon and North Westerns, 134 , 'hat
Laois/shire; ht.

LEEDS, March IT.
STOCK Eamtaxos.—The share market has again ex-
hibited emu itarcotement to-do)), eyecup,la foul Kock; East and
Watt Yaks, Ea 4 Law...shire% Leeds and /Mesh, all being at an ad-
wawa arm Saturday's quotation. The dung ogee the moraine
wars:—Ma era Counties, 7L Ik. W.; Sad and Wed Torkohlanl.
1414 ; Caledanktas, ; Mato Preference, ; East Lanta.hiM,
14 ; Ueda and Thts-k-, 9IA ; Midland Stock, ; 30t.
14 ; Slortb Wrstents. 9i dla ; South Extern and Doran, 211 ;
Tuck Mid North Midland, 49.

BRISTOL, MareA 17.
Procz ENCRANO9.—The market continuo to maintain
the herel n. by which It kw eeeutly big marked. sad there was s
Food clad a bummer:me. Great Wasters belt of at 91; Dito New,
111. h. dim.; South Litters sad Darer, 121 Taff Vale, 172;
Tort sod North Mahood, 29.

Lard J. Russell hurl a parliamentary dinner party on
Saturday, at his residence is Checklist-plum. The coat-
paw included Lord Harry Vane,_M.Y., Mr. Roche, M.P.,
Mr. Calvert, M.P., Mr. Sebolefield, K.P., Mr. Heywood,
M.P., Mr. Henry, ALP., Colonel Matheson, :CP, Mr.
Rite, M.P., Mr. it. Shafto Adair, KT., Mr. A. Mastic,
Mr. Clay, lion. C. Pelham Villiers, M.P., and
Kr. W. Law.
LEGAL CHAEGEs.—Sir John Romilly will, it is
said, shortly be appointed blaster of the Rolls; when Sir
A. Cockburn will become Attorney-General ; and, it is
believed, Mr. Page Wood Solicitor-General.