The Express.
London, England, 1850-08-20 00:00:00

LONDON, TUESDAY EVENING, AUGUST 20, 1850.

maw toit TEE BRITISH CORN TRADE
• Militia TR& PAST 11128. K.

(item the Irk Lam Repress.)
Theme' burnt work Au been interrupted b par-
eMi is Mandl parts of the kingdom. cenaiderable
Fine hoe beer mule it the more forward district., and a
deal of wpm has Imes carried in fair counties' *arias '
Fire
The asesuses of the yield of wheat do not ha-
prove; Indeed the ecespeeinN rispeetimg the deficiency of
pats is propeetion to straw Lave increased, which we are
not surprised at, sensidariag the prevalence' of blight smug
all the earlier tense wheat, eed the loss which was summit,
to he 'spotted from the fact of large breadths of corn having
bees badly laid by the heavy rains and high winds expert-
need in July. It is yet too early to speak positively as to
the *Mot of the deficiency; bat teem an we have hitherto
been seabird to colleet, we are of °pinks that wheat
will prove lest productive than I. moderate!; good avenge
Nese% sad that a considerable preportioe will be of coarse
quality. This will prove a heavy trial to oar farmer,' as
there exists Was prospect of the value of the snails ad-
vancing, so as to cover the loss to which, undensoeh circum-
stantial, the shorten* of the yield must subject them. They
have found It sufficiently dial:lilt to compete with the
(outgo growers with so good a crop se that of last year; but
we mach fur that the pretest mum will prove a ill more
try* to all engaged is the gallivants of the lead. Priem
have °snakily vise. tram the lowest pia; sod precut rates
may perhaps be shoat maintained ; bat we stash qualm
whether the ukases ealablished Is at all reigns* to reeme
rue for the sheerness in tee quantity par seal.
From the boor of the foregoing ressults it will be readily
saderstood that we an sot saarcelee of nay haprovemeat in
des wheat trade. We feel fully.permasimil *bedews shall not
have as avenge crop, and, further, that a may large pieties
I of the potatoes will be lest; but we are equally well ere
vhesed that this win not have muck isnuenos on prima. In
the southern countries of Europe the harvest has been
nabbed uader very auspicious circumstances, and in the
men nortben parte it is feet drawly( to a esuclosion. All
allicarata were is speaking highly of the quality, and al-
levier/ that the partial lees of the rye crop in Germany and
Holland may eaves en tuna consumption of wheat, still •
bergs surplus must remain for shipment to Great British'.
The new produce cannot, we admit. Mee forward frainedi-
ately ; indeed, from the more distant parts compara-
tively little is likely to reach us before neat spring, but
so real scarcity cut be felt in the interval, and as our met.
cheats and farmers will constantly hate the dread of large
impors before their eves, the former are not likely to be
mach dispond to make Written me at high rater, or the
latter to be either alibi or willing to holdback 'applies. This
seem hs be the view pretty generally takes, of the probable
fetus coons of sashes, and notwithstandiag the unfavour-
able accounts from the agricultural districts, lumina, Las re
mained In a van quiet ewe, with the Mediae, of prices
rather downwards at several of the leading provincial mar
het.. Bed weather would naturally bars the effect of caus-
ing iipondatioe, bat provided nothiag farther occurs to
endanger that part of the crops still in the fields, so material
or permanent rise in the value of agricultural prods., is
likely to take plus.
The arrivals of wheat coastwise tats the port of London
have again been small, may 3,313 qrs. haring ease to hand
during the week audible this iSaturdayl evens,. The q au-
tit; Nougat forward by land carriage samples from the
anghbouring 'aunties has meanwhile been innine ; but un-
important as have been the supplies, they have frond
' amply 'efficient to awls', the demand.
Oa Wednesday the show consisted of a run or two of
white Kent wheat left over from Monday ; the donned was
decidedly dull, and though factors would willingly hue ac
cepted previous prices, they were usable to place the little
on sale ; since then the weather has improved, end Friday
seeming being remarkably fine, there was lees disposition to
purchase than earlier in the week, and to have suc,,eded in
play*, the trilling parcels fresh up, some oonceisiou must
kayo been made. _ _

The reoelpts from abroad have rather fallen off sines our
last, bat there has beet no want of torrign wheat, a consi-
derable proporikm of that which arrived daring the preceding
fortnight still remaining unsold.
The country demand has at no period of the week b rn
*olive, an the town millers, being mostly well e:o:ked,
have manifested little inclination to purchase; the trauma.-
ots have consequently been on a retail wait:, but im-
porters have remained very firm, and former prices
have been well supported Good Polish Odessa has net
been offered below 395. to 405., end for other de-eriptions of
red wheat, enthratiog Baltic, French, and Belgian. prices
have ranged from 40s. to 4.5.. ; indeed superior Rostock
(beteg very earn.) has been held Is. to 2s per quarter above
the last named rate. Danzig wheat has met with lam atten-
tion than red, bat we have so chonge to report in quotations,
similar rat-s being asked on Friday to therm current on that
day sennight.
Quotations of towa-mannfaetured flour have remained
nominally unaltered ; fresh cnuntry marks have been in
moderate request, and have sold quite as well as before,
nor has any change occurred in the value of fine qua.
!hiss of French, but the commoner descriptions, whether
of hone or foreign manutacture, have hung somewhat hea•
vily on hand.
Bapplies of home-grown barley have embed to come for.
ward, and the probable result of the forthcoming crop being
less favourably spoken of than was the case ettrlier in the
weans, full terms have been demanded for the little on the
market. Foreign barley has been in moderately good re-
quest, and though upwards of 10,580 qrs., have again come to
hand during the week, good fresh parcels have been token off
pretty freely at previous price.. There was more doing on
Monday than on Friday, but the firmness of holders was
quite as great on the latter as on the former occasion.
Melt has not excited mach attention; s-ilen have, never-
choler, manifested a disposition to ask more mosey, and
choice samples could scarcely have been bought en as easy
terms on Friday as in the beginning of the week.

The total quantity of home grown oats received daring
the week has amounts i to only 1.23) qn., of which 775 qrs.
are from our sou', and 460 qrs. from Scotland. The foreign
supply has not been ao plentiful of late.
English beans have cornet forward sparingly, and needy
buyers have bad to pay quite as much msney as before. la
Egyptiaa a steady business has been done st former terms.
Peas have Raintained the alight improvoment established
on Monday.
Nothing of interest has transpired in fluting cargoes of
Intan cons, awl we have heard of no saes of wheat free on
board at foreign ports.
REVIEW OF THE FOREIGN CORN TRADE.

The reports from the continent resenting the
harvest are of a decidedly favourable charact r. Thunder
storms have been esperianced at times, by which local
damage has been done, bet the masons have on t►e whole
been auspicious both in the south and north of Europe.
In the early pert of the week a heavy fall of rain appears
to have taken place la France, which had caused holders
of grain to raise their pretensions, but the upward move•
went had not been freely responded to by buyers, sad the
trade had remelted quiet at the principal markets.
_ _

From the Bailie the accounts are of much the same
chanteer as before. The letters generally describe the
weather as auspicious, and the wheat crop as promising;
spring emu ie, however, not so well spoken of, and rye is
certainly el. 'Limit over a large portion of northern Europe.
There is some talk of potato disease in the Netherlands and
part of Germany. but this does not seem to have had much
influence on the grain markets. Meanwhile, neither buyers
nor sellers had shown any dispoaition to enter into fresh
engagements, and the transactions appear to have been
of very little importance, even at those places when until
recently a good deal of business had been done.

Our Danzig letters are of the 10th inst. Though there had
been no inclination to buy, holders had remaised very firm,
and prices were then quite as high IPA they had been the
week before, f qua to 465. to 47.. having been deminded for
fine high mixed samples, weighing 63Ibs. per bushel, and
39e. to 445. per quarter frei on board for mixed to high
mixed of Glass. to 621 be. weight. The weather has been
remarkably Rae in that neighbourhood, and harvest work
was making rapid progress.
Advice. from Konigsberg of the same date also give •
very favourable account of the crops, and the quality of the
new wheat would, ft wee expected, be fine and heavy. In
wheat hardly asythiag had been does sines that day week,
bet rye had been in lively request at enhanced rates, equal to
181. per clamber free on board having been paid for gcod
heavy guilty.
Prom Stettin we learn that the greater portion of the grain
gyouratin that vicinity had been secured, mostly In fine order.
had yielded well, but spring earn was generally short,
and pees had proved nearly • Milers. Bye had been a good
deal inquired for, and had realised very full tense, but in
other 'encl./ the transactions had been unimportant. Pa
meranian wheat, weighing 621 be., was quoted 42e. ; ticker-
mark, of the muse weight, 41e. ; and bllb. red Btettia 40e.
per qr. free oar hosed.
Our licateek letters are wholly without interest, as far as
regards business transactions, but it may bees well to notice
that there, as well as elsewhere, a good crop of wheat was
emfidently ealmelated on.
Hamburg letters of Tuesday last state that partial com-
plains of the wheat and potato crops had for some days been
circulated without producing any effect on the wheat trade,
which had remalmd In a dull state. 0..0d 6ilbs. Make wheat
on the spot had bee offered at 395. Cid. par qr. withal: ex•
citing attention.
The offers frem the Baltic ports had not bees numerous,
bat no disposition had been manifested to buy. Rye had
been is lively demand at prices equal to 201. to 20s. 61. per
qr. free on !nerd, and some speculative purchases for spriag
delivery had been made at 225. per qr.
At Antwerp, on Wednesday, several samples of new
wheat were exhibited, dry and of fine quality; thee, and
the dull ascauste from Mark-lane, had slushed sU disposition
to bay ; holders had, nevertheless, remained arm, and quo-
tattoos were nominally the same me ea that day as anigh•
Ina Rotterdam the reports ani aloe very Set. Buse very
sae sew white Zealand wheat was shows there es Iliesday,
sad, the smuts hem the Woke being of a istiefsetery
Wart is releases to the making with hansel, the
Melees? N prises wee to dowswird.

MONEY MARKET.
MONDAY eturnee.
The committee of Mellow Bondholders have issued
the following statement for general informatioe :
Besids• the outcast shipped Orals Vera Ores, by *ail.
for the pavans et the divides& ea the MOM.* debt, tb•
parasitises of whisk w.re published es the 16th Lamm; the
sonusittee of boadlieliers have. received bills of lading for
the lollowieg permit of specie mad bullion, vls..—Tor
8,285 dollars, from Tampico. pet Tie ; 2 880 dollen sisents.
from Guaymas, per Ceti:sines ; 1,406 dopers from Rustles,
per Inconstant. Mows. hisaalag sad Ilschetooh, Mite:too,
write respectful' the 100,000 dollars received by then hem
the Tobacco Company ter the boadhelden, that t. they will'
be remitted without dusy." •
Lettere from Alexandria of the 6th state that owing
to the holders of cotton demandinx high prices there
was little doing in the grief.. In flax scarcely an
thing bad been done during the fortnight, and with
the exception of about 1.000 centnersof J. P. machine
drained, for which 311. 17e. per ton, f. o. b., was
ask d, there was no disposable stook at market In
grain the transactioas had been on a very small seals,
owing, in a great moseure, to the very light stocks.
Shuna Said wheat was quoted 17s. a to 17e. Bd.
f. o. b. Freights wen quoted as. to 6s, 3d., for
wheat and beans to a direct port. Exchinge on
Le
Aedom, 97 p.
dvice, tem the Mauritius of the 21st June report
trade as being in every respect satisfaotory. In caw
nothing bad been done since the arrival of the over-
land mail of April on the 16th, and very little re-1
maned untold: The-quaatlty shipped to data war
115,067,265165. against 102,102,47216 e. at same date
in 1849, and 109,986,9151 be. in 1848. There wee
also 426,0401b5. on bard ships loading in the har-
bour. Of coffee the stock was moderate, and prices
bad given way. Rice had improved considerably in
value, bat at date the market was rather duller. Very
few private bills against shipments bad been in the
market for this mail. Australia Bank bills on
the Union Bank of London had been nego-
tiated at par and 1 per cent. prem., and bills
against beck credit, had been token at 1 per cent.
prem. The rate for private bills on England was last
quoted par to 2 per cent. prem., for three months
sight. Sovereigns were not in active disused, and
4; per cent. prem. was not readily obtained. Freights
to the United Kingdom t uled at 21. to 21.105.
The accounts rec ived by the Asia from the United
Sates, arc, on the whole, exceedingly favourable as
regards the grain grope, which it is expected will be
very abundant, and of good quslity. A correspondent
writes with reference to the crops in the western
states, that " the wheat crop is much greater
than usual, the grain very plump and large,
and that the surplus will greatly exceed any previone
year. Of the amount erimaied for any particular
sra.e I have not seen -any account, except 0.-do, in
which state it is said the crop will exceed twenty
millions of bushele." In the district of Rochester,
however, the weathe- ha I been greatly against the
harveet and much damage had been done to the
wheat in consequence. As regards the cotton crop
the accounts fully ()infirm these previously received
of the backwardness of the plant, and although the
weather had been more favourable, more than a mode-
-1 rate crop cannot, it is rated, under any circumstancrs,
be expected. With respect to the tobacco crop little
is said, but as prices in the leading markets were
merely firm, and. no advance had taken place, the
apprehensions which were lately entertained in the
I.Juited Sates with re gard to it may los considered as
having materially abwed, if they exist at all.
A recent report of the bank commissioner, of the
state of Alabama to the governor shows that of
debts due to the s'ete bank and its branches, there
has been collected from the Ist November last to the
lot July, 387,638 dole. About two-thirds of these
collections are on debts marked "doubtful," "bad;
and "unknown," and :he. other third on those marked
" good.'
The provisional council of Panama have enacted a
law for the bettor security of passengers croasirg the
Isthmus, which had been received with much satis-
faction. Every person engiged in the business of
transport from Chagres, Girgons, and Leiner, to
Panama, or intermediate points, is to have his name
registered in a book set apart fur that purpose, to
be kept in the office of the political chief;
and every carrier is required to have with
him, at all times, a coil of his license, for the purpose
of proving his identity. They will be numbered and
licensed, so that any breach of contract can be easily
traced and punished.
The West India Mail steamer Medway has brought
specie to the value of '707,620 dollars, or about
141,5231. sterling, of which 36,887 dollars are on ac-
count of the Mexican bondholders. From Jamaica
there is no news of much importance by this oppor-
tunity. Heavy rains had fallen in moat parts of the
island; but, owing to the previous dr.ught,
.agricul-
tural prospects were not so promising in
several districts. Business was rather dull,
and prices of most articles exhibited a de-
clining tendency. flour market was firm,
but with very few operations. Of coffee there was
only a very small stock, and none for exportation.
Sugar was worth from 133. to 16s. per 100 lb?.
Brandy wee dull at previous sates, and in ruin there
was no improvement. Of Liverpool stoved salt there
was a very large stock at market, and a parcel of 100
bags had been reused at 40. 9d. Exchange on Lou-
don: Jamaica Bank, 3() days, I per cent. prem.
The accounts from Barbados s, St. St. Mar-
lin'', Dominic*, Gaudaloupe, Antigua, and Marti-
nique, afford full details of the disastrous hurricane of
the 11th and 12th of July, which had caused a
serious amount of damage in all these islands to
the shipping and estates; whilst St. Vincent and St.
Lucia had not experienced the visitation in its full
intensity. From Barhadoes the aocounte of thegrow-
ing 'rope are very good, and the next sugar crop was
thought likely to prove an abundant one. The ex-
ports of produce were nearly completed for the sea-
son. The total shipments are given tit 35,200 hhds.
of sugar, and 1,100 puncheons of molaw•es. In Tri-
nidad the crop had turned out considerably less than
last year, the exports amounting to 22,939
2,122 tierces, and 4,313 barrels of sugar, 9,150
puncheons and 131 tierces of molasees,273 puncheons
of rum, 2,300,607 lbs. of cocas, and 43 serous of
cotton.

The accounts from Demerara mention the sale of
several estates almost for nothing. The agonise
says—
The Marshal's hammer has again been busy transferring
eitatt• from impoverished proprietors, not to new specula-
tors, but to viztimised mortgagees and creditors. Three fine
estates have Uri% week changed hands at prices bordering on
the fearfully ridiculous. Plantation Hibernia, in Hasequibo,
was sold on Monday to Mr. Cohn Simeon for 1,201 dollars ; I
on Wednesday, Plantation Vreedeatien, River Demerarr,
was purchased on behall of Sir John Ulsditone, for 1,800
dollars; and yesterday, the once splendid estate of Nouvelle
Flandres pawed over to Charles MecOarel, Esq., the mort-
gagee, for 6,000 dollars. These things are occurring before
oar eyes, and we are coolly called upon "by tan eaters " to
submit with angelic patience to the wisdrm and benevolence
of the rulers who have brcught such disastrous conio;tuences
upon our once flourishing province.
At Tobago Mr. Frinklyn's estate wan sold at the
Marshal's sale for 8371., to Mr. G. M'oregor.
The accounts from the United States mention a
highly important discovery in gold refining made by
Mr. It. S. McColleh, Professor of Natural Philosophy
In Princeton College, and the late U.S. metier and
r 4 finer at the Philadelphia Mint. This gentleman pro-
fesses to have discovered a new, quick, and economical
method of refining argentiferous and other gold bul-
lion, by which the work may be done in one half the
time at present required. It appears that the new
method would save in labour and materials about one
half of the coat required by the process now
used in the mint of the United States, so
that the charge to depositors for refining,
which is now fixed, according to law, at the actual
cost, may be considerably reduced. The apparatus
required is lea costly and more compact than that
used in either of the methods now employed. The
advantages in respect to space are such that, it is
stated, probably five times as much work as at present
may be done in the same building. Professor
McCalloh has taken out a patent for the discovery,
but has offered to dispose of it to the United States
government on certain terms—an offer which it was
thought probable that the government would accept

THIS DAY.

Two o'Custit.
The English stook market is doll to-day, and the
entire absence of animation in the dealings has m-
alted in a decline of k since the commenosmeot of
business. Cassels were first quoted, as they left off
yesterday, at 981 to t for money, and k more for so-
°not, bat they Nies .lees become flatter, and were
last traasseted at 96! for cash, and I for time. The
quotation stands at present at 961 to t, and 961 to t.
The Three per Cont. Reduced have been transacted
at 97, I, and 96/ I the Three-and.a-Qaarter per
Omits., at 981 and t: Long Annuities, exp. 6th Jan.,
1860, at 8 6.16 and t. South Sea Old Annuities, at
98. Bank Stook marks 212).
.Fanhequer Bills, 1,0001. have been done at 6tm"
premium ; ditto Small, at 68s. India Bonds, under
1,00 W., at 88. Freshly.
The soreign stock market is a shade Batter in tote
to-day, sad wiLeery few treaseasstiots offering.
Prime, however, generally quoted the same se yes-
taulay. Mexican is at present called 291 to t. 13u.
shwas has been dose in the following :—Danish Five
per Cents., at 1011. Two-and-a-Half per Ont.
Dutch, at 671; exchange, 12 gull.; the Four per
Cent,. Certificates, at 89f. Mesucao, for the 30th
lost., at 291. Peruvian Deferred, at 33. Portuguese
Four per Cents., et and t. Russian Four.and-a-
Half per Cent., at 96j. Spanish Active Five per
Coats., at 171 and 1.

11010)11.—This Dor.
Ipw OfillilL osowW4 TN I,l4rwinVlrrailli". We
I
3 prit.ol. Oso.Apoo, WU - b 00.634. to Oa
/0111'0 %VIZ
4 pr OS. lod= Row* I 1 per Ct. Ors 11.44..18 4
la we ft Bak. Illowl4 90 I I amp& Doherld D. 4 4
*Fr Ow., t per Ot. Wu. Ida, 11111 4
4pm 01. Brollba Stk. II 11 I pm Ot. Pleggliii Mb, 12 a
'-- -no
.0...ea5..4.10111i 13
01/b• in. IP IN
SW 44
4 Pao. 114 I
‘, 014.331 a
004.1161471
3 pea 01. Wb. TS 11
2i per 04 mi.. RI
1 par 04 DOW 010‘.331

30, kt„
Ditto
bet
Talszalis 1111-11 sm.—

MINCING-LANE.-THIS DAY.

,1441

Elus•s.—The public sales ire (Miff of steadily, at full
prim. sad Move is a good demand is the private contract
mulct. Ballsolom sold at 36a. to 42., ed. &filed is very
ems. Grocery lumps, 601. to 511. Gd.; low qualities moat
is demand.

COPFIX.—The publiosals of 100 casks plantation Ceylon
want off at a shade blew prices; middling, 639. low mid-
dling, 61s. 6.1. Good ordinary native Ceylon has been in
fair demand, and holders now ask 425.
_ _

TIM —The public sales wait of stetchly. The Food qua-
lities were held for high priest, and chiefly bought tn. Low
Congou, out of condition, end declared with t' all fenltt,"
slid at 111 d., which was a high price. There is considerable
inquiry by private contract.
Rtun.—The public sales went off heavily, and neatly all
b,aght in by the importers. A small part, very good white
Bengal, sold at lis.
Corrow continuos dull of ule.
Run remains steady.
Sewn are steady.
la other articles co material elteratics.