The Express.
London, England, 1850-07-02 00:00:00

REVIEW OF THE BRITISH CORN TRADE

DURING THE PAST WEEK.

The rain which has fallen alter Wednesday in
differeat parts of the kiagdom has certainly been of gnat
benefit to all the Lent-sown crape, potatoes, &e., and men
blue domino injury to wheat ; tie etudes of hay may in
I some MKS have been deloyed thereby, but the quality would
not be burl if the met should be emeneded by line weather.
The next fortnight will be a critical time for wheat, which is
now is bloom is the more for ward districts; end the charac-
ter of the weather during the next week or two will in a
great measure decide the productivecess of the crop. High
sande ansumaidurod deageveiss, inasmuch as they an likely
to Woofers with the setting of the bloom; bat gentle
showers are ',morally regarded SS favourable. The quality
attin crap mast naturally be principally dependent on the
weather in harvost-time ' • but the quantity is deciced by the
slate of the atmosphere during the process of blossoming,
and the present period is therefore watched with ooheiderable
anslety.
The reports from the ogrienltural districts are hitherto of
a utialsetory character. In the southern counties, as already
intimated, the wheat plant is in bloom, and in the lees for-
ward puts of the country it is coming into ear; its general
aspect is decidedly prossisiog, end the spring con sad pulse
orc,ps have improved in 'pommies sines the rain. The use
of the wheat trade boa undergone very little alteration since
Our last. Though nothing has occurred to give rise to feel-
ings of uneasiness respecting the future, holders have dis-
played great firmness; and, cm far from say increase having
taken piece in the deliveries from the growers, the supplies
brought forward at the leading markets in the agricultural
districts have been even smaller than before. Bile n have.
however, manifested no inclination to purchase more then
needed !or immediate use, and the operations have conse-
quently been of a retail character; still an %dunes of le. per
qt. has in some instances been obtained at thou places where
no stocks of foreign are held, and where the millers have
been entirely dependent on the (arisen for suppliee. Prs
Timis to Wednesday there was some disposition to held
barley and oats fur higher rates, as the growing crops were
believed to be suffering from drought; the inclination to buy
there articles has since been checked, bat ths reduced state
of the stocks in all the provincial markets has caused holders
to remain exceedingly firm.
Liverpool is almost the only town of any importance at
which the value of wheat hos given way, and there the de-
cline has not bun material.

From Scotlasi I,7;iearti that the weather had been warm
and showery, end that the growing crepe were making rapid
progress. In the neighbcurhood of Edinburgh wheat was
begianing to shoot into ear. The markets, though but
moderately supplied, had become heavy fur most articles;
the previsus value of wheat was, however, supported on
Wednesday both at Erlir burgh and Glasgow.
THE FOREIGN CORN TRADE.
The advice. from most of the principal continental grain
markets are of precisely the same character a. before.
Holders of wheat appear to have determined not to accept
lower terms, sod buyers having, in eonaequerice of the state
of the toads here, refused paying the rates 'eked, compara-
tively few purchases seem to have bean mode beyond such
quantities as bad been taken for heal consumption.
The accounts about rye continue unfavourable, and it is to
be feared that the crop of that snide, whiehmay be regarded
as the staple of food for the masses, is likely to prove very
defieiset all over the north of Europe. The belief that such
would he the case had no doubt some influence on the wheat
mai Ws, and increased the firmness of holders, se a serious
(Whitney in rye would naturally ammo an increased con-
sumption of wheat. With the exception of rye the growing
grain and pulse mops were well spoken of, and nothing of
an unfavourable nature has yet reached us from abroad in
refererce to potatoes. All ever the Baltic prices of wheat had
been well maintained. Oct Maisie lettere are of the 22nd
inst., and infirm us that fear some days previous but few
sales of whew. had taken place, buyers havirg refused to
centinue their purchases at the rates uktd, sty 41s. to 42e.
for fine 62 lbs. high mixed, 59e. to 404. fir.e mini, and
Ms. to 3ps. per qr. free ou board kir god mixed parcels,
weighing Clbs. per bushel.—Mark lane Express.