The Sun.
London, England, 1864-10-18 00:00:00

Review of the British and Foreign Corn
Trade.

(From the 11lark-lane Express)

The continuance of another week's dry weather, though
serviceable to the condition of the grain and cleansing of
the land, has somewhat hindered the autumnal wheat
sowings; and those in the country who were in hopes the
late downfall would reach their wells have been disappointed,
a great want of water being still experienced in many places.
This state of things has had the same effect in France; while
in Germany there have been frequent and sharp frosts, with
a heavy fall of snow in Silesia. We are therefire practically
reminded of winter's approach, though in this fickle climate
we may yet have bright and warm days before Christina..
The dir=cmat pressure still being heavy it was unlikely we
could speak of brisk markets, and the state of our averages
show the point of depression we have now reached, say
3Ss 9d, which may perhaps prove the minimum, as no fur-
ther diminutioa has occurred generally for a week past or
more, and in some places there has been an advance. Foreign
markets have nearly all been sluggish, tb.ere being so little
opportuni y for export; but rates do not come down corre •
spondingly low to allow of any margin for export. In Francs
there had been a gradual and dilcult decline. The Belgian
and Dutch markets have scarcely varied. At Hamburg the
obstinacy of holders shuts out all chance of profitable ex-
port; and though the lower sorts of new wheat at Dantzio
have been continually declining, some sales of the best have
been made at ally the former rates, and merchants there
prefer writing to mal,ing any sacrifice on qualities suitable
for milling. In Lhe interior of Germany rates have under-
gone scarcely any chenge, and there seems little expectation
of any further reduction, The crop in Canada has turned
out much better then expected under the long prevalence
of drought, and growers are well sati..sfied. At New York
the constant fluctuations in the value of gold quite para-
lyse buliness, and vessels could be had at one third of a
Common freight, say 2d per bushel.

The arrivals off the coast since Oct. 7 were 47 cargoes.
of which 28 cargoes were wheat, 16 maize, 1 barley, end 2
bens. Iltriness was reported on the follov.:ng terms
Taganrog Gbirka wheat at 35s 6,1 to 35s 9LI, Galatz maiz3
at 26s 61 per qr.

Tho sales of British wheat noted last week were 100,070
qrs. at 3Ss 91 against 110,526 qrs. :n 1863. The London
averages were 40s 2d on 5,9_6 qrs. The imports into +he
United Kingdom for the week ending October S were
739,193 cwt.. wheat, 59,994 cwt. fl

Monday in Mark-true commenced on fair English and
good foreign supplies of wheat. During the morning but
few samples were sent up from Kent and Essex, and as
most of the country markets exhibited some improvement,
factors commenced by aek'ng rather higher rates, but iu
this they did not succeed, as millers ft,ally resisted paying
“nY advance. The sales that were eventually made were
only at the prev.ori cut' ThA foreiza trade was
steady, end holders more readily obtained the prices of too
previous Monday. On Wednesday there were 210 qrs. per
coast, and 4,190 qrs. foreign. There was then a quiet busi-
ness in some samples at the previous Monday's rates,
farmers apparently sending very reluctantly to such mar-
kots. The business in foreign was on a small scale, but Erie
qualities brcught fully as much money. Friday's returns
were 320 qrs. per caret and 9,230 qrs. fJreiga. The quantity
shown this morning was too small for any serious amount
of business, end in the sales that took place no change of
value wr 3 nosed. Foreign samples of fair useful quality
went off steadily on the same terms.

There was a full average supply of con-rt.y flour on Mon-
day, and fell' PT.,VPI4 from America. The coon ":y trade
was quiet, and 'ncer:or descript°ors barely roaintlned their
prices; but good American barrels were readily saleable
at the previous cm.ency. The top price of town made
remained at 40s per sack. On Vie inesday there were 359
sacks per coast, and 30 sacks foreign. Business was
limited, Lut prices of first quality country marks were
firm, as they were also in Amer:ern barrels, so few ship-
merits being made. Friday's retry ns were 490 sacks coast-
wise and sacks foreign. Norfol'zs were saleable in a quiet
way at about former quotations. Barrels were readily
placed, fine extra State at 21s end upwards. Tcwn quota-
tions stood the same.

The barley supply on Monday was short both on Br;iish
and foreign arrivals. The best malting fully maintained
the previous rates, while medium and low grinding sorts,
both English and foreign, were somewhat improved in
value. On Wednesday there were 750 qrs per coast and
1,100 qrs foreign. The business passing in malting sorts
was small ; but previous rates were insisted on, and the
medium and low qualities were all sully as dear. Friday's
quantities were 810 qrs per coast, end 1,100 qrs foreign.
There was then no change in the market price of malting,
secondary and inferior sorts being all much the same as on
Monday.

But little was passing in malt on Monday, but previous
rates were maintained. Prices remained without alteration
at the close of the wtek.

Thera were fair arrivals of oats on Monday from the ports
of the United K'ngdom, and another hcavy foreign supply,
chiefly from Russia. M, ny of the Russian cargoes being
ordered to granary the pressure on the market was light-
ened, and some recovery from Monday's previous low rates
for Russian samples we-, experienced—Jay to the extent of
6d per qr ; but little improvement, however, was quotable
for other descrlplions. On Wednesday there wore no arri.
va's per cosst, 1,C60 qrs Irish, 25,120 qrs foreign. With
continuous good foreign supplies but little way could be
made in fresh arrivals, many of which were ordered to
granary; but holders were not disposed to yield anything
of Monday's advance. Friday's re:urn were 146 qrs per
mist, 4,100 qrs from Ireland, and 39,560 qrs foreign. This
further increase made sales yet more difficult, as dealers
generally were pretty _all; but with many still being stored
there was no reduction in values.

The bean supply on Monday was altogether very scanty,
both English and foreign. There was, however, but a slow
sale for all sorts, and in some instances less money was ac.
cepted. There was no subsequent alteration.