The Express.
London, England, 1860-12-07 00:00:00

THI CORN TAIDN

BIRIMICHAM, Dec. G.
During the past month a reduction of about %. per
quarter has taken place in the value of old English and
%reign wheat, sad 6s. per quarter on new English ;
thrashing en the meanwhile going on very freely. We have
to apologise to our readers for an error in our last circular,
in converting the imports of flour into wheat, the quantity
both for the month of September being less than 900,000
quarters. In October, 1,077,000 qrs. of wheat and Hour
were imported, being at the 'rate of nearly 13,000,000 of
qrs. per annum ; so far toyed ascertained they are likely
to be still larger for November, and so much is now on the
way and overdue, that we think there can be little or no
falling off in December. The im rta of other grain in
October only exceed by about 15,1 r I qrs. those for the cor-
responding period last year ; but the total of all
kinds of grain and meal for that month was the
unprecedented quantity of 1,573,864 quarters. The
recent fall in price, added to the dearness of money, will
materially lessen the imports iu the spring ; but ea far,
with the exception of some of the Russian and Danubian
ports, which are closed for the winter, there a so decrease
in the quantity shipping. it great deal has been said in the
newspapers aa to the gold soon coming back again from
France, but we apprehend that much of it is required in
payment for the large shipments of corn and flour from
France and Spain to this country. The principal demand
for wheat continues on the American qualities ; but it is
reported that henceforward the are not likely to arrive in
such fine condition as hitherto ; alai if so, they will not be
so much sought after for mixing with the new English ; in
which case, Black Sea and Asa wheats will be lees
neglected than at present. The past month having been
on the whole favourable, most of the wheat is sown, sad
some of it coming up well. The French export duty
is not expected to advance on the 7th of this month ; bet
we are of opinion the decline which has taken place with as
will cause shipments from France for awhile to be °oar
paratively trifling. Potatoes, on lifting, prove better then
wee expected : we have large supplies of prime quality per
rail from Scotland, and some quantity are on the way from
the Wart of Ireland to Gloucester. The new wheat, with
rare exception, comes to market in very damp condition,
and red sells at all prices, from sa. 3d. tab. 3d. per 621%.;
whites much wanted for Cplour, and realises Is. to Is. 6d,
per bushel more ; American red, 7a. 4d. to Is. Bd. • white,
85. to Bs. 4d.; (Writs, Is. to 7s. 4d.; Englishcleared 7s. Bd.
to 2a.; white, Bs. 3d. to Ba. 6d.; all per Nibs atßirmingham.
Barley is about 3s. per quarter lower for endow:l,4o4ms, with
merely a retail demand at the decline. The conditiee of
the new is very damp, but the yield, ea anticipated,
me: Urge. Our arrival' during the month, chiefly from
and Ireland, have been heavy, but we believe but
little more is on its way to Gloucester, either from thence
er elsewhere, with the exception of a few cargoes of Mulish,
French feeding qualities are selling at 325. to 345. ; Engliah,
lb to 325. per 4001bs. at Gloucester. We had an advance
at about la per quarter on oats earlii the month, which
has sinee been lost. The supply of English continues large
for the season and of prime quality. e new white Irish
which have arrived at Gloueetterare also of superior quality,
and will interfere with the sale of Dutch. If hay maintains
its present very high price we think cats cannot be much, if
wh• lower. Irish grey sell slowly at 244. 6d. to 25e. 6d.,
ite 26e. to 275. 6d., Dutch 2%. to 30s. per 31211:e. at
Gloucester: black are held at 24e., but no buyers thereat ;
old grey ore still taken in limited quantities at 24.. to 295.
per 3121ba at Gloucester. A small portion of the crop of
hams is still in the fields, where it mut now remain nntll
we have frosty weather. Old English nearly main.
tain their value, but new have given way 3e. to
4s. per quarter, and the farmers' supplies are selling
at very irregular prices, owing to their generally bad
condition. We have bad some considerable arrivals of
new French, which monied 17s. 6d. to 18e. per 1961%.
at Gloucester English new, 15s. to 175., old, 2fk. to
225. ; Egyptian, 17e. to 17s. 6d. per 19611*. here. We be-
lieve few of any kind are now on the way to Gloucester.
The snppliea of peas into Gloucester have sot been equal to
the demand, but an advance of 2s. to 3s. per quarter, which
took place a fortnight back, bas not been maintained. A
few more small cargoes are en weep from Canada to our
port, the present value Is 17s. 6d. to 18s. per 1961b5. at
Gloucester. Indian corn is taken slowly at les. for Arai*
and 16e. 6d. per 19611:e. far Odessa and Galata at Glouces-
ter.-(From J. and C. Sturges Circular.)

paper had great difficulty in negotiating with at all, and
only at • considerable sacrifice. On the money market
resuming an easier tone, that for metals became better
also ; but this revival has again been depressed by the
gloomy news from America, which country, if we except
the East Indies, is our far largest consumer of metals. Our
last advioss from New Yank lead us to hope that the crisis
will be but temporary ; trde is reported to be substantially
sound, and as political dietarbssoes sown likely to he con-
fined to the south, while the west, from which the demand
for metals is far the greatest, continues tranquil and pn4-
perous, we may look with eonfideace to the future. If at
the present moment there in a fall in the value of
punk goods sold in New York, it is fully /compensated by the
low rate at which bills on Europe can be purchased as n,
tnittancea, and when the news ts received of the reduction
in our bunk rate here, together with the shipmenu of
specie to America, we have little doubt that pion will re.
assert themselves and lay the foundation of a large and
profitable Wade for the apprntoogg of 1861.—(From the nioutiily
circular of Mews Von and North.)