The Express.
London, England, 1860-10-16 00:00:00

•
OC OBER 1
T 16. 1860.

THR CORN TRADE.

(From the Mort•laae Express.)
BRITISH.

The fine weather with which the mouth commenced closed
on Tuesday with rain, followed by sharp front on Thursday.
The tea dry days were, however, d immerse service to the
country, and the balk of the corn crops, beans excepted,
may now be considered as gathered. The fine drying winds
recently experienoed will place the later gatherings fore.
moat in point of condition ; bat, without extraordinary
weather for the next for night, there is very little chance
of a dry sample of beane. Aoughing, where practicable, has
commenced m earnest, but the sowing of wheat this autumn
mud be generally backward, the land being foul and wet.
Very little change can be noted in the value of old and fine
new wheat during the week ; but soft damp new has been
lees in favour upon a better acquaintance. Very little
can be need with old for the mannfaciture of flour.
Prices therefore for arch qualities have further receded
and have been irregular, partly under the influence of
former English advises, and partly from their own neces-
sities. Foreign markets have generally been rather dearer
for good wheat. Phis has been the ease in France, Belgium,
Holland and the Baltic, as well as at Odessa, the Danubian
Principalities, and Southern Europe. But in America the
immense deliveries from the west, coupled with more
favourable advicee from Europe have brought about some
redaction in the value of kmanffs.

The snivels es the coact since the sth instant were 25
=lnof which 19 cargoes were wheat, 4 maize, 1 beans,
nullet seed, the business reported being as follow,,
vls : 14 cargoes of wheat *mind and on e-2 Beni!.
auk' at 58e. 9d. to 59e. ; 6 Taganrog Ohirka at 55e. to 565. ;
6 Egyptian at 425. lid. to • 4 cargoes of maize at
35e. 9d. to 375. ; and 2 'bra& barley 28a fel. to 295. 6d.
per. qr.
The sales noted last week were 71,701 qrs. wheat at
Ns. 3d., against 124,187 qrs. in 1859. The London averages
wen 58.. 9EI. on 3,601 qrs. The arrivals into the principal
ports el Great Britain, for the week ending 3rd of October,
in wheat and flour, were equal to 131,367 qrs. wheat, in-
cluding 9,464 qrs. colonial.
From the quarterly imports into Lontlon:we find a general
large increase in foreign grain and flour—that in wheat and
flour slonei being equal to a quarterly increase of 434,177
qrs. wheat ; the entire foreign import for corn and flour
into Loudon involving an outlay for the past quarter of
about two-ands-half millions of money, being above double
the sum required in the same time last year, the lead-
ing imports then being oats.
The London market opened on Monday with a Urge fo-
reign supply of wheat and a moderate one of home growth.
During the morning but few fresh samples were sent up to
the Essex stands ; but from Kent there was a better show.
The condition, however, of nearly all was unusually lad,
and only the few that were good found buyers at former
rates, the bulk being unsold, and the sales at irregular
prices. There was a good attendance again from the country,
apparettly on the expectation of lower prices for foreign ;
but factors only occasionally gave way, notwithstanding the
fine weather, and that but slightly. The demand for tut.
her cargos was somewhat checked. On Wednesday there
were 770 cs. per coast, and 15190 qn. foreign. The
return of rough weather on this day gave more tone to
the market, and enabled factors to clear off some of
their low parcels of new wheat, which was not practi-
cable on Monday. The foreign trade was also rather
firmer, but without much passing. Friday's returns
were 1,260 qrs. coastwise and 21300 qrs. foreign. Though
the weather had cleared up on this day, with a fine drying
wind, the few fineparcele of English wheat fully maintained
their former value, and the better qualities of foreign were
more in favour, with a retail sale at full prices.
There was a good supply of !flour on Monday—half of
which was foreign. Norfais were not so ready sale, and
scarcely brought former prices. French and American
samples were also dull, but not offered cheaper. Town
rates were unaltered. The supply on Wednesday was 650
sacks per coast, 4,090 sacks 8,240 barrel. foreign. The bad
character of the dour which had new wheat in it made
Norfolk' a more difficult ale, and the free arrivals of foreign
made all sort. dull ; but town-made samples maintained
their value. Friday's returns were 690 sacks per coast with
4,180 sacks 15,080 barrels foreign. Norfolk. to-day were
so heavy a sate, that some holders were sellers at is. per
sack less money. American barrels and French sacks also
were rather inhume' favour.
There was unin a very short supply of barley on Mon-
day, both British and foreign. Among the English maniples
there were some for malting, of batter quality than lately
received, and these commanded high rates, while the lower
qualities sold pretty freely, and especially good foreign, at
full prices On Wednesday there were 590 qrs. per coast,
and 1,27t1,qr5. from abroad. These limited suttee/ at a
time of good inquiry, more especially for gri ' sorts,
made all sorts more valuable—both English and oreign.
The quantities on Friday were 880 quarters coastwise, and
1,270 qrs. foreign. There being no increase to the foreign
supply, the demand overtaking arrivals, there was au ad-
vance generally of Is. per quarter.
The scarcity of good old malt made such qualities rather
dearer on Monday, the rates of inferior being also main-
tained. The market at the week's close was still looking up.
The supply of oats on Monday was about double an
average, principally foreign, with some English. Notwith-
standing the quantity on ship board, as well as in the
granaries, rates were very well suetained, from the inipres-
akin that some time must elapse before the new crop of
English would be serviceable ; still, with the fine weather,
sales were somewhat slow. On Wednesday there were no
arrivals per coast ; but 510 qrs. Irish and 300qrs. foreign.
As the market was firm on the previously heavy supplies,
there was an increased tightness as the consequence of this
falling off. Friday's quantities were 10 qrs. per mast, 510
qrs. Irish, and 7,840 qrs. foreign. The scarcity of fine corn
fully maintained the former value; the most inferior being
fien. . . . .

There was a large foreign supply of beans on Monday, bat
very few native. The English crop being still in the fields,
bidden of foreign were able to rase prices fully Is. per qr.
Ou Friday the rater were well maintained.
Peas, both English and foreign, were in small supply on
Monday. There being more demand for feed, all the low
aorta were wanted for this use, at Is. per qr. advance • and
the scarcity of good boilers smugly enhanced their ;slue.
Prices on f• riilay were still pointing upwards.
The smallness of the late imports of linseed also raised
crushing seed is. per. qr., which rise was also supported by
the active demand for cake.
. . . .

Th., seed trade presented little okance—being inactive.
Red cloverseed and trefoil fully maintained former values ;
but the uew white slovenlier' offering was not liked.
English winter tares remained inane and dear. Mustard.
wed was hardly saleable. Oaearreeed eahn. Other seeds
unaltered.
. . .

The tea days fine weather throughout the country gene-
rally checked the upward tendency of wheat prices : last,
in almost all the markets held, fine old mainteined its
value, as well as dry heavy wimples of new ; but, in some
instances, prices, without regard to quality, were rather
easier, and low damp new sorts were, in moat places, from
is. to Is. per qr. cheaper.
Liverpool, on Tueelay, was down 2d. per oental for
wheat and rid. per barrel and Nick on flour. New nate also
gave way Id. and 241. per *lbs., and ruins was rather
easier to buy ; hut barley, beaus, and pow were fully as
dear. On Friday there was a good atten&nos ; but wheat
was offered at a further decline of 2d. per cental. Oats also
were about Id. per Vilbs. cheaper, but beans advanced lid.
per qr. Maize was somewhat easier.
All spring corn has generally been firm, barley in several
places being fully Is. per qr. higher.
In &ot wheat, though a slow sale, has been much
the same in value. So it was at Glasgow and F.dinbtugh
but the condition of the new was generally inferior, which
made it difficult to sell. Oats and barley ware both rather
higher.
In Ireland there wu but little alteration. There was a
large consumptive demand fee wheat at Cork, at full prier;
oats, also, were 2d. to Sd. par bet. dearer, and barley point-
ing upwards ; but mains was dull