The Express.
London, England, 1851-07-22 00:00:00

TALLOW MARKET.-THIS DAM„

The market is firm both on the spot and for arrivals, at
the following quotations -.—Town Tallow 375. ; Petersburg
Y. C. on the spot, 38e.; last three months, 395. 3d. ; January
and March 391.6 d.

(item the Noro.lser Erp rem.)
The tone of the wheat trade has been influenced
by the changes which have taken place in the weather, sad
as that has varied materially in different parts of the king-
dom, prices have risen ls. per qr. in some markets, while in
ethers a decline to about the same extent has takes place.
The trade was certainly firmer in the early part than towards
the elms of the week, and at most of the markets held since
Weibeeeday the tendency of prices has been downwards,
natesithetanding very short supplies from the growers. The
maims of the deliveries of home-grown wheat is shown
by tile quantities sold at the towns from which the returns
me tokens for compiling the averages: last week only
AM vs. were sold, against 80,613 qrs. in the correspond-
osockg of 1850. That stocks of home-grown wheat me
uwooolly small, and those of barley and oats almost ex-
hausted, can scarcely he questioned, and it naturally follows
that dm prospects for the ensuing harvest are regarded:with
men than ordinary interest. Ihe neat month will, there-
fore, be a critical time. The extent of the foreign arrivals
has hitherto prevented the scarcity of English corn pro-
ducing much influence on prices, and so long as no grounds
for uneasiness exist, the receivers of foreign supplies are
likely to offer all that comes to hand freely, under the well-
founded belief that, in case the crop; should be well
secured, their chance of realising will be lessened when the
markets obeli begin to fill with grain of home growth.
The receipts from abroad have not been quite so liberal
during the week now about to terminate as they were the
eight days immediately preceding; still quite sufficient has
come forward at the leading ports to meet the requiremeats,
and stocks in granary have therefore not diminished mate-
rially. Some quantity of flour has been received from the
United States, and we may calculate on increased arrivals
from thence in the course of this and next month. Whe-
ther shipmeats from France will be renewed is not certain ;
but a considerable reaction in prices has taken place in that
country, and the crops are not nearly so badly spoken of as
was the case a few weeks ago. On the whole, there seems
little reason to apprehend that any scarcity of breadstuff;
will be experienced in this country, unless circumstances
should arise of a sufficiently alarming nature to cause ex-
tensive speculation, of which there does not at present
appear much probability.
The weather in Scotland has been similar to that expe-
rienced in the south ; and, though the crops are backward,
they are described as in other respects promising. The
wheat trade was dull on Wednesday, both at Edinburgh
and Glasgow ; but outs, which bud previously been a pod
deed depressed, sold rather more freely than before.
Though the arrivals of wheat coastwise into the port of Lem
don have been exceedingly small, only 2,562 qrs. having bee*
reported during the week ending this (Saturday) evening—
we can notice no improvement in the tone of the trade, the
millers having conducted their operations with extreme
caution. That part of the Kentish supply which remained'
untbsposed of ou Monday last was again exposed on Wed-
nesday. From Essex there was scarcely a sample fresh up,
and the show altogether was trifling ; notwithstanding while
some difficulty was experienced in realising previous Was.
Matters remained in much toe same position on Friday, mod
nothing but absolute want would, it seems, be likely to in-
duce our millers to purchase beyond what they require foe
immediate use.
The arrivals of wheat from abroad have been less liberal
this week than earlier in the month : but a cousiderable pro-
portion of that previously received still remaining on board
ship, we have bad uu ample display of samples. Hitherto
there have been no symptoms of improvement in the country
demand for foreign wheat, and the local inquiry having bees
slow throughout the week the transactioue have been alto-
gether unimportant; importers have, nevertheless, remained
firm, and good qualities of red have nut been offered lower
than 403. to 42e. ; while fine Rostock has been held at 44a.
to 455., and superior Lantlic at 48s. to 50s. per qr.
The dispoeition to enter into speculative investments Is
breadstuffs appears to have wholly subsided, and very few
bargains in floating cargoes of wheat have been closed of
late. The arrivals off the coast from ports lying east of
Gibraltar have not been very large fur some time past,
which has tended to give confidence to parties having par-
cel, on passage. The prices asked have been deemed too
high, and very little business has been done in this branch
of the trade during the week. For Polish Odessa, 345. flit.
to 355. 6d. per qr., cost, freight, and insurance, has bees
asked ; and other qualities have been held at cor respaolos
rates.
The bakers have supplied themselves with flour very
cautiously, and the sale has been decidedly slow, as well for
English as fur foreign. The top price of town-made has,
however, undergone no change, and the finer kinds ed
French and American bare realised similar terms to those
previously current. The arrivals have consisted of 3,451
sacks, principally from France, and 0,327 barrels from the
United States.
No barley of home growth has come to hand, nor are we
likely to receive any quantity until after harvest, stocks
bring evidently exhausted in all parts of the kingdom. la
the absence of supplies, and with little or nu demand,
prices have remained nominally unaltered. The receipts of
barley from abroad have asueunt, d to 5,551 qrs., consisting
almost wholly of grinding qualities. The inquiry, without
being particularly lively, has been sufficiently active to
enable sellers to effect a fair clearance, at prices quite equal
to those current 011 Monday.
The supplies of malt have about kept pace with the
demand, and we have no change to notice in the value of
the article.

The receipts of oats have been much more moderate
during the week now shout to terminate than for some time
previous, and the trade has, in a great measure, recovered
from the extreme deprees' we have lately had to report.
Some of the recently received cargoes have been landed on
account of the importers; others have been taken by the
large dealers, and hating at the same time had a good con-
sumptive demand, the quantity cleared off has, on the
whole, been considerable. On Wednesday a fair extent of
business was done, at rates which it would have been dab-
cult to have realised in the cumineucement of the week, and
on Friday an advance of 64.1. per qr. on last Monday's cur-
rency was pretty generally established
Beans of home growth have come to hand sparingly; not-
withstanding which the turn hiss been in favour of the
buyer. Egyptian have been held steadily at former tenors.
In peas there has been little cluing, and quotations have
remained nominally unaltered.
FOREIGN COHN TRADE.
The general tone of the advices from abroad is
more eubdued this week than of late; and though prices
have been well maintained et Dantsie, some decline has, it
memo, taken place at most of the other Baltic ports. The
Danteic merchants arc evidently deposed to speculate on
the chapter of accidents ; and though quotations have fur
some time been relatively higher than those at Mark-lane,
this has not hitherto had the effect of checking business,
and we learn that upwards of 10,000 qrs. of wheat had
changed hands during the week ending 12th lad. at very
full prices, 445. having been paid fur 621bs. high mixed
Upper Polish ; 41s. Gd. to 425. tur 6111 x. to 62165., high mixed
ditto, and corresponding rater fur other descriptions. Dur-
ing the week seventeen vessels, capable of carrying about
18,000 qrs., had been chartered. The freight paid to Lon-
don had been 3s. 2d. to 3a. 3d. ; to Liverpool, 4s. to 40. 2d. ;
the East Coast, 3.. to 3s. til.; and the Frith of Forth,
2s. 10d. per quarter for wheat. Letters front Stettin,
dated 12th of July, inform us that the wheat
trade had become very depressed, and that only about 300
qrs. had been sold during the week, at prices scarcely equal
to those previously current. Uckermark and Pomeranian,
Gllb.. l 0 621b5., was then quoted 38s. to 38s. Gd., and red
Stettin, 601b1. to GIN., 37.. to 375. Gel. per qr., free on
hoard. Barley and oats had been freely offered at a decline
of Is. to 2a. per qr., without leading to business of come-
qu,nce. The former article was quoted 19s. 6d. to 20s. 62.,
and the latter 17s. to 18s. firl. per qr., free on board. Our
Rostock advice. are of the 14th inst. The weather had fur
some time been propitious, and the CrOpS in that neigh-
bourhood were considered as highly prontising. Under
these circumstances, and with continued dull reports
from hence, holders bad shown symptoms of anxiety to
realise, and the best 6211i5. wheat had been offered at
41s. per quarter, being a reduction of quite Is. per quarter
since that day se'imight. Hamburg letters, of Tuesday's
date, state that a considerable quantity of rain had fallen
in the immediate vicinity of the town, but that the re-
ports from the interior regarding the appearance of
the crops were, with few exceptions, favourable. Very little
business had been done since the previous post-day, buyers
having generally de dined to pay the rates asked hy holder*,
who had, on the strength of the wet weather, raised their
pretensions-good 40 lbs. to 62 lbs. Wahren and Mecklen-
burgh Wheat, on the spot, had been held at 40s. to 425. Gd.
per qr. free on beard. The demand for Barley had fallen
off materially, but sellers had declined to make any conces-
sion, 225. to 235. having been asked for the beet heavy qua-
lities free on board at Danish ports. Oats had, owing to
the fall in the English markets, been offered lower, without
leading to sales of importanc:, 40 lb.. to 42 lbs. Danish, at
17s. 6d. to 18s. 3d. ; and 36 lbs. to 37 lbs. St. Petersburgb,
at 14s. to 14s. 9d. per quarter free on board. Advice, from
France state that a complete reaction had taken place, and
that speculators had become vete anxious to get out of the
large purchases made in June. Meanwhile buyers for con.
suraption had conducted their operations with extreme cau-
tion, and both wheat and flour had consequently receded,
as well at the towns is the interior as at the shipping port*
on the coast. In the south harvest bad already made some
progress, but nothing definite has been abed-mined as to too
yield ; the general impression was, that though the quality
and quantity would be Netter the* at-else time expected,
still the produce would, it was thought, fall materially short
of that of last year. The most recent accounts from the
United States inform us that up to the Lt of the present
month the prosper t* for the grain crops were very favour-
able on the other side of the Atlantic, and a very bountiful
harvest was calculated on. The news of the rise in our
markets had consequently produced less influence than it
might otherwise have done, and at New York prices had
only advanced jto a 1 of a dollar per barrel. The ship-
ments to England had been more or less checked by the
high rates of freight ; still considerable parcels were from
time to time being despatched.

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3 8 M. 54 per Cent. Guar.- 4j 54
tit. 3 North British ... ... - I 41 3
13 4 Oxford, Worcester, an..l
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POREION RAILWAYS.
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29 2U Centra grams (Vierwsa) 17 171 ex in
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20 ' 16 'East Indian 2l pa sin
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