The Express.
London, England, 1860-09-11 00:00:00

MARKET&

THE BRITISH AND FOREIGN CORN TRADE.
(From the Mark-lase Express.)

•
Another week's fine weather bag done wonders
for the country. The proems of ripening has gone on at •
rapid rate, and much grain cow stands in shooks in the
fields, with every proepect of it. being gathered in moderate
condition. More haste, however, than was desirable
has already been evinced in bringing the new wheat to
market, the condition being mostly too bad for milling
purposes, with weights varying from fi6lbs. and lees
per bushel to 631 be., but this last weight is rare. As •
whole the crop seems likely to turn out mush better than
was expected, and this is the case with other grain ;
brat no improvement can be reported as to the state of
potatoes, either in this country or abroad. It is well
that foreign imports of wheat have lately been
as the stock of old English is much below the required
quantity for mixing ; and as both the yield as
well as quality is likely to be under an avenge, there
meat be • continuous demand. Nevertheless, should the
new produce be forced on markets, a temporary de On
is very probable. Already the beneficial change the ap-
pearance of new samples have produced a lower range of
prices through the country—say about 3s. to 4s. a qr. on the
average, with difficult salmi end whether the decline shall
be stopped or increeca will be determined by the weather.
Similar effects have been produced through France, Belgium,
Holland, and the Baltic ; but the more distant markets have
net yet been influenced, the admission of corn duty free
into French porta still showing its effect, in Odessa, on the
Danube, and some other localities ; but • reaction in those
*ems must be expected. Large imports are on their way
from the United States, but • heavy fall in this country
would speedily check exports thence, as prices there have
kept at a moderate range, though last advice' note a good
advance.
. _

The a;rivals off the coast since the 30th alt. have been 31
cargoes, of which 14 were wheat, 9_nsaile, and 3 barley.

The business reported was as follows :-15 cargoes of
wheat, arrived and on passage, viz., two Berdianski at
575. Gd., one ldarranopoh at 665. 9d., four Taganrog Ghirka
at 535. to 564., one Odmsa Ohirka at 555., and one new
ditto at 695. 6d., one Besesrabian Ohirka at 56e. Gd., one
Polish Odessa at 52.. lid., two liandoznirka at 575. Gd. and
57e. Sid., one Said; at 41e., and one Behara at 43e. ; also
5,000 to 6,000 qrs. Typorog Ohirka, for Sept. or Oct., at
Us., two of rye at 31a. to 3.. 3d., seven of maize at 32.. 6d.
to 311 s. &L, one Odom barley at 29a., and one Egyptian
at 348.

The eider noted last week were 77,114 qrs. wheat at
6(M. 11d., against 88,577 qrs. in 1659. The London averages
were 645. 11d., on 1,466 qrs.
The arrivals into the principal ports of Great Britain for
the week ending August 29, in wheat and flour, were equal
to 132,919 qrs., including 9,866 qrs. colonial.
The London market on Monday commenced on • large
foreign supply ui wheat, with a moderate arrival of home
growth. There were very few samples of old from the
near countice during the morning, but • fair show of new,
of very variable quality and weight—say 551 b. to 631bs. per
bushel, worth from about 48e. to 70a The beneficial change
to fine weather made a great stagnation in business ; there
were willing sellers of both English and foreign at about 3e.
reduction, at which rates some miles took place • but with
something doubtful in the weather some factor; held for
the previous term& On Wednesday there were 250 qrs.
per coast, and 5,170 qrs. foreign. Those who had held over
their English samples for this day's chance found no advan-
tage, there being scarcely anything doing ; so that those who
rotted at the day's price on Monday found their sales
ustilled. The foreign trade was also at • stand, though
would have been taken. Friday's returns were 530 qrs.
coastwise, and 9,921) pa. foreign. The weather still ruling
fine, it would have been d• •• •••alt to place the overleft
English samples at a further reduction of 3.. per qr., foreign
being offered in vain at this decline.
With • moderate supply of country flour, those was a
large arrival of foreign, chiefly American. The trade was
quits at • stand, and in the absence of business the pnoes
both of Norfolk and foreign sampler were nominally as
before. The top price of town quality remained at 60s.
per sack. On Wednesday there were 520 sacks per coast,
and 3,869 sacks 410 barrels foreign. The continuance of
fine weather determined holders of Norfolk flour to sell at
much km money—say 3s. to 4s. per sack below Monday's
nominal rates ; foreign being quite neglected, though offered
cheaper. The returns on Friday were 710 sacks, with
4,530 sacks 940 barrels foreign. There was a disinclination
an this day to take less than 41s. per sack for Norfolks, but,
at the same time, no disposition tort into stuck was shown
on these terms. The prices of foreign remain nominal.
There was againvery little English barley on Monday, and
only a moderate supply from the Continent. Notwithstand-
ing the general dulness there was • steady trade in all
foreign qualities, both for malting, distillation, and grinding,
at the previous rates. On Wednesday there were 40 qrs.
per coast, and 3,220 foreign. This small supply made
holden disinclined to take less money for foreign sorts, but
there was altogether very little disposition for busintea.
Friday's returns were 40 qrs. per coast, and 3,710 qrs.
foreign. The trade closed much in the same Mate, buyers
only making limited purchases on former terms.
'lire malt tilde on Monday was quiet, and prices of all
mats were without change. The close of the week was
duller than the commencement._ s . _

There was another large supply of foreign oats on Mon-
day, chiefly Russian, the only additions being a few English.
The change to fine weather made trade slow, but factors
foundit unnecessary togive way in the prime of fine corn, but
light and inferior, as well as cargoes out of condition, sold
at about 6d. per qr. less money. On Wednesday there
were only 8,540 qrs. foreign exclusively. This falling off
in the supplies did not then prevent a very heavy market,
with a necessity to accept less money in order to effect
sales. The returns on Friday were in all 15,530 qrs. foreign.
The little business doing to-day was at • reduction of 6d.
to L. per qr. on all qualities, including even the better de.
scaiptions of foreign.
There was a good arrival of Egyptian beans on Monday,
though tho native supply wee short. English sorts were
in fair demand at former prices, but the sale of foreign was
somewhat checked. Friday's business was checked by the
fine weather. _ _

There was a moderate arrival of white boiling peas from
the Baltic on Monday, with very little else. The dearness
of maple; and duns limited the demand, and boilers were
little inquired for. There was scarcely any inquiry for
peas at the close of the week.
The supply of busied was small, and almost absorbed by
the exports. There was, however. no further advance
either in seed or cake, though the latter remained in good de-
mend. The market closed firm for crushing seed.
The seed market showed the influence of the fine weather
in a general calm. Red clover seed, being still in favour,
was held rather higher, but white and trefoil were neglected.
little was doing in caneryseed, but the price of fine
quality was firm. Other seeds were generally calm. New
mustard seed, though bad coloured and damp, was held at a
great price, 30a. per Mabel being asked, but eventually bu-
siness was done at much less money.
All the country markets have been poorly attended, in
consequence of field labours, and very little has been doing,
millers, during the rise, having pretty well provided for
their immediate wants; prime nod therefore be coml.
dered more nominal than nettled. Hull, Birmingham Man-
chester, Spalding, Lynn, Newcastle, Gloucester, aid se-
veral other places, called the decline 2e. to 3a. per qr.
only ; Boeton, St. Ives, and Newbury were 3s. per qr.
down; Alford, Market-Itasen, Louth, and Bristol were
quite 3a. to 4a. lower.
Liverpool, on Tuesday, noted a decline of 2d. per cental
on fine winal, and 3d. to 4cl. per mental on low. American
flour was down Is. per sack and barrel ; maize was neg•
bided, though offered at la. per qr. decline ; barley, oats,
beans, and peas being dull. On Fraley wheat was again 3d.
per central down, and Gate ld. per 45 lbs., also maize Ia per
qr. ; other gram remaining unAmiged.
Spring corn, since the chawe in the weather, has tended
downwards generally.
In Scotland harvest was proceeding satisfactorily, ac-
counts from the country being more favourable than iu the
,south. Esluditugh and Glasgow were both cheaper for
wheat and all spring corn.
In Ireland less damage appears done than expected, and
some now samples were appearing in many places. No
quantity of native wheat was yet sent to market at Dublin,
but some bought 30s. per barrel, and foreign was in good
demand. From the smallness of stocks maize was unal-
tered, but oats and barley were offered at is. to ls. fed.
per barrel loomoney. Priem of all grain had become
Roraima at Cork. Oats were appearing in fair quantities, in
better condition ; prices 14s. 6d to 160. per barrel.
With regard to the foreign awn trade the fine weather
lately experienced has produoed quite a stagnation in the
Paris flour trade, notwithstanding the willingness of ruiners
to sell at much lower rates. The top quotations were little
more than nominal at 60 to 62 trams per 157 kilos. (equal
to 38a. 10d. to 40s. per 280 Th.. English) ; while the rates for
the four marks far the current month were 58 francs
(37a. 6d. per 2801b5.). There were not many offers of old
wheat, the prices of which were reduced to 34 to 35 trains
per le hat. (535. 6d. per qr.) ; but there was an abundance
per
rneliqhl.aect. Bo(sou.r.gegtidnopeand Lo r
qr.).
Anne
otherbein grainl at 33
h.ifranc.
under.
gone some decline-ohl rye to 21 franca per 115 kilos.
a. 44.), new, 20f. to 20f.50e. (31s. 6d. per qr.); barley 19f.
. to 20f. 50c. per 100 kilos. Oats also were more plentiful,
being offered in granary at 22 to 23 fro per quintal New
clover seed was not yet at market, but prima of old werell2to
190fre. per hale. Trifolinm doll, at 41 to 40 frs. per bale.
Most of the wheat markets in the country were much
lower, some as much as 3 francs per beet. (6s. 9d. per qr.)
as Pont Audemer and St. Germain ; but a few reported
'
higher prices as Nene GO centimes per beet. (lc 1 per
qr.). There was a perfect park at Nantes. The best flour
was nominal at 61 franca per 157 kilos., and wheat at 23 fr.
per heel. ('i2s. 6.1 Per. quarter). It was impossible to wake
ram at Marseilles without a liberal reduction. The new
wheat crop was extremely various in quality, some being
very Weiser sod damp, ad some dry and of great weight.
All the Belgian markets were unsettled, and rapidly dis•
dining, but it was found much of tie new wheat was very
unfit for making Sour. Nothing was issuing at Antwerp.
New wheat at Liege bad already given way 7s. to as., and
em se. per qr. The Sop prim se CGattru leen tele, fa, mid

Termonde 63. per . Old wheat, however, was in demand
at Louvain, it scares.
The last advicea from New York show the influence of
late secountafrom England, the flour market being 10 to
15 cents per brl. higher, and wheat 6 cents per bushel dearer
(lb, per qr.)

OOTTON.-Lronnroot, Sur. 10.-We have again had
a large bunions transacted at rather stiffer prices :-The
sales are 15,000 bales, including 12,260 American, 34.1. to
80. 2,000 Surat, 3d. to sd. ; 100 Suptian, 84d. 104 d.
600 Pernam, lid. to 86d. ; 50 Maranhao, 70. to
which 6,000 are for speculation and export. The week's
' mport is 8,629 bales.
TALLOW.-The tallow market remained very steady
throughout last week, and mom are very much the same
to-day as on Monday last. The demand for consumption is
good, and speculatively there is a disposition to buy for dis-
tant periods. The market is quoted tiro. at St. Petersburg
at 49 rs. all September, and the exchange 36 d. ; costing
about 475. 5c1., f.o.b. Our closing prom are-Spot, new,
Y.C., 525. ; old, 51a. 6d. to 9d. ; October to lom-..ber,
52v, buyers ; separately, 52a. 3d. ; December, 525. Gd.
January to March, 56. 9d. to 535. ; March, 53a. 3d.
Town tallow mane, 51s. 6d., net cash, none offering for
delivery this week. No Odessa here. A_paroel of Tsganrog
sheep, just landing, is quoted 535. Very little South
American offering ; it is quoted 53a. for Ist pipes. Cocoa-
nut oil, Cochin, 495. ; Ceylon, 475. • Sydney, 455. to
461. 6d. ; palm oil, 455. to 45.. 10d. tine: Lagos • rough fat,
21. 9d.-(From the circular of Messrs. Smith and Charles,
dated Monday evening.)

LONDON WEEKLY DOCK RETIIIINS.-flzrr.

Importd.
Suomi—West India.. 3,079
Mauritius. bop 17,864
Bengal and Madras 1;90
Penang
Foreign 2.613
Comz—W.L 296
Mocha 3
Ceylon
Coona—W.L 196
Foreign —

7Datiierd.—Pr. Stack

3, le,asa 40,t86
4,904706 1719,797 I 48,474
6,968 91,619 134,395
10,078 ,376.798 319,941
8,721 384
190 2,230 3,607
2,807 20,011 38,425
lin 8,721 10,649
US kiD4 3,674
1,832 • 86,171 34,800

METALS.—With the exception of copper, for which
there is a conaiderably improved inquiry, the dulness which
we bad occasion to remark n our last circular still con-
tinues, although we have every reason to hope that the
favourable change which has taken place in the weather will
impart more confidence to business generAlly. Copper: The
demand for this metal had improved, when the smelters on
the 4th instant advanced the price id. per lb. for manufac-
tured, and 21. per ton for cake, ttc. ; since which we have
heard of no transactions in English, the smelters declining
to sell manufactured copper, but an active demand has
276 up for foreign at advanced prima. Iron continues
Tin, which was flat to within the last few days, has
assumed a firmer tone, some fair inquiry having sprung up
within the last day or two. Lead : There is no change to
note in lead since our last. Spelter is again very flat, and
quotations are almost nominal. Tin plates are still very dull
of sale.—(From the Circular of Meters. Truman and Fry.)

COALS.-LonnoB, SEPT. 10. -Bate's West Hartley, 15a. ;
Han Primrose, 142. ; Byam's %beide West Hartley, 16e.;
Craghead Hartley, 155.; Davison's West Hartley, 16s. 3d. ;
Hastings Hartley, 16s. ; Howard's West Hartley, 16s.
Lathan!' West Hartley, 15e. 9d. ; Tanaeld Moor, 135.;
3d. ; Tenfold Moor Enka, 13a. 3d. ; West Hartley, 15s.
9d. ; Walls End Acorn Oloes, 18a. ; Walls End Byron,
17s. 9d. ; Walls End Eden, 18". ; Was End Hadley,
17a. 9d. ; Eden Main, 17.. 9d. ; Walls End Framnallgate,
18a. ; Walk End Haswell, 19s. 6d. ; Walls End
Hotta' Lyons, 18s. ; Walla End hasher, 16s. &L ;
Walls End may, 19s. ; Walls End Hartlepool, 19s.
3d. ; Walls End Heng,h Hall, 113 s. ; Walls End Hunwick,
16e. 6d. ; Walls End Kailas, 18s. 9d. ; Walls End
Slaineliffe, 184. ; Walls End South Hartlepool, 18s. EL
Walls End Trimdon Thornley, 17s. ; Walls End
West Hanoi; 18s. ; Walls End Whitworth, 16s. 6d.;
Camay and Duffryn Malting, 225. 6d. ; Cowpen Hart-
ley, 16e. 3d.; Nixon's Merthyr, 21s. &L --Ships at market,
101 ; sold, 79.

ClATTLE.—Lzywarool., Sun. 10.—The supply of stack
wee about the same aalad Monday. The demand slow
for cattle and sheep, at lower prices for each. Numbers
at market :—Cattle, 2,835; sheep, 10,396.