The Sun.
London, England, 1847-06-03 00:00:00

SHEFFIELD, JUNI 1.

STOCK ExCHANGE.--The sales are—Ambergate, Notting.
ham, and Boston, 1 dis.—Great Northern, 1% dis.—Leeds
and Dewsbury, 11% p.—Manchester and Lincoln Union, 28s.
dis.—Manchester and Leeds (West Riding Union), Ai p.
Manchester, Sheffield, and Lincolnshire, 2% p. —Ditto
(Grimsby and Sheffield), 20/. Shares, 50s. 6d. dis.—Ditto, 121.
10s. Shares, 295. dis—Ditto, Docks, 4 dis.—Ditto (Sheffield
and Lincoln), 2% dis.—North British, Extension (scrip),
p.—North-Western, 18s. dis.—Leeds, Wakefield, and Mid-
land, 1 dis.

HULL, JUNE 1.
STOCK Excussam—The sales are_Ambergate, Notting-
ham, and Boston, 325. 6d.—Blackburn, Clithero, &c., Prefer-
ence, 11/2 p.—Great Northern, 453.—Malton and Driffield
Junction, par—Manchester, Buxton, Matlock, and Midland,
dis.—Manchester and Leeds (West Riding Union), ss.
6d. p.—Newcastle and Berwick, New, V. 9s. p.—North Bri-
tish, Halves, 15:y4—Ditto, Quarters, 915.—Ditto, Extension
(scrip), 4s. 6d. p.—Ditto, Thirds (scrip), b 7 s.—North Staf-
fordshire, 21. 16s. cash—North-Western, 21s. dis.

GLASGOW, MAY 31.
Cumalebdaorntoinani,ii2re93/438;
Ditto, New, 465. 6d.— a
—Clydesdale Junction, 424—Direct Bombay and Madras,
STOCK EXCHANGE.ftede
6d.—Caledonian salesla n andaare—Caledonian,
e —D
—Edinburgh. and Perth
c)s6ll.—Dundee and Perth, Quarters,. 64s.—Last of Fife,
3-5. Q —East Lothian Central, 40s.
35s.—Glasgow, Barrhead, and Nedston Direct,
(16N;.e.—wGClaes.g),ow, Kilmarnock, and Ayr, 1171,!—Ditto 411.
Ditto, lialves, No. I, 94—Ditto, Halves, No. 2, 71.—Glasgow,
Dumfries, and Carlisle, hi 11s.—Great North of Scotland,
40s.—Great Northern, 52s.—Ditto, London and York Eaten:
sion, 375. 6d.—Alanchebter and Southampton, Ws. 9d.—Mid-
land, .10—Ditto, Halve, B%—North British, Thirds, 588.
—Ditto, New Quarters (scrip), 198.—Paisley, Barrhead, and.
Hurlet, 525. 6d.—SeottiBh Central, 241.—Stirling and Dun-
fermline, 5/.—York and Newcastle, Preference, 71h.

DESTRUCTIVE FIRE AT PRESTON.^—on Saturday
night last the mill belonging to .alr. Bashall, at Preston, was
found to be on fire, and notwithstanding all the efforts of. the
firemen, who were quickly on the spot, the flames obtained
so completely the posessiuun of the premises tili!t, it was
tim-
possible to subdue them, and the whole mid, which ci..nsis ciolt
of four stories, was reduced to a mass of blackened ruins. It
required ;orn-
required the utmost exertions to a late hour
on Sunda}'
had
.ng to preserve the adjoining property.
Sfi'roeppetteclunwootrbkeinagevsmomnteeddat3o-rs. Iyhieouh:sl
80004 to 50004 biat 1,11, building was Waurog
estimated at from
3;:waasiid the, origin of the

(Fro he Mark Expfels;)r r
One of those sudden chef which under pkuliar,
circumstances are not inrrei_nt in the grain trade bas
taken place. Up to the commencement of May the
spring was cold and ungenial ; and as the autumn sown
crops were supposed to have been previously more or
less injured by the extreme severity of the _winter. the
most gloomy forebcdings respecting the probable result
of the next harvest were entertained. The uneasiness
on this score was greatly heightened by the exhatisted
state of the stocks in granary, by the belief that, the
quantity in the hands of the growers was likewise
very
short, and by the daily exports on an extensive scale
from th;s Country to France and other continental sfates.
There was, cons, quen:ly, nothing extraordinary in, the
rapid rye which occurred in prices ; indeed, for several
weeks in succession 0 e supplies proved inadequate to
meet the home and foreign demand, and holders were
enabled to ob,ain almost any price they chose to,ask.
At first the benefi, irl charge which totk place in the
weather produced little er no effect, but 'the wonderful
improvement which was gradually being worked in the
growing crops aeon began to Operate, and in districts
where sc rcely any corn was befere supposed to be left
the supplies increased, at the same time arrivals from
the Baltic began to drop in at several of the principal
maritime ports, whilst buyers contracted their operations
in proportion as sellers manifested anxiety to realize,
until business has come to a complete stand. Having
arrived at this point,it may perhaps not be arnis's to
examine a little into the real state of the ease, and en-
deavour to ascertain in how far our position is actually
changed for the better. The chief, if not the only
alteration is our favour, appears to us to be, that the
harvest, which threatened to be a very late one, may
now be reasonably calculated to commence as early as in
average years, whilst there is nothing about the aspect
of the crops to give rise to any
immense point gained, as
fear as to the probable
yield. This is certainly an
we are likely to have the new crop rescly, for consump-
tion three weeks earlier than was supposed would be
the case, which will make a great dilievence in the
quantity required to be imported. The cessation of
exportation to the continent has, besides, done away
with an extra drain on our stock ; and the reaction
in price thus far appears, therefore, warranted by
circumstances. There is, however, SJIIIO clanger Athol
the fall may continue too long. We say danger. for in
that case the demand from foreign countries wealthtro-
bably revive ; and if prices here were, to recede below
the level of the continental countries whereecarcitypre-_
vails, a portion of the supply originally intended. for
Great Britain would he sure to be diverted from us to
those states, which might prove a s.rious inconvenience,
in case anything untoward should occur to render the
liarveit less favourable than is now expected. The fall
in the value of wheat from the high, st point, taking one
market with the other, cannot be estimated at less than
15s. per quarter up to this time (Saturday, 29th of
May); and there is every appearance of prices going
considerably lower ; but when once the lowest point
shall have beeu reachA we are likely to have an ex-
tensive demand. The millers, dvalPrs, and bakers are
working up their stocks without making any purchases;
and this they will probably continue to do so long as
they have anything left. So soon, however, as 'they
have exhausted what they have on hand they must
again come into the markets ; by that time sellers will
probably have recovered some degree of confidence ;
and it in the interval the weather should become at all

doubtful, a portion of the decline would speedily be re-
covered. Prices of all kinds of spring corn and pulse
have been affected by the reduction which has taken
Place in wheat ; and this will, to a certain extent, con-
tinue to he the case se lorg as the latter article recedes.
The advices from Scotia d do not speak so favourably
of the weather as might have been expected ; but in.
Ireland plentiful showers, with a high temperature; ap-
pear to have been exp tie need, under the influence of
which the crops have been breed rapidly forward.
The arrivals of wheat coastwise into London have not
been large this week, the total quantity received up to
this (Saturday) evening amounted to only 3,475 quar-
ters, which, compared with the supply of the preceding
week, shows a falling off. The display at Dlark-lane
by land-carriage samples from the home counties has
also been moderate ; the town millers having, however,
come to the &termination of not buying whilst they
have any stocks, the trade has been miserably dull, with
a decided downward tendency in prices. On Wednea-
day scarcely a bargain was closed, in which position of
affairs it became almost impossible to quote prices ; but
had purchasers come forward they might have bought at
2s. to 3s. per quarter lower. On Friday it would have
been necessary to have made a further concession of 2s.
to 3s. per quarter to have effected sales, and this factor*
were not indisposed to do ; but so averse were the millers
to act, that hardly a transaction took place. Of
foreign wheat we have again to report a fair ar-
rival, viz., 20,952 quarters ; and a portion of the pre-
viously received supply having remained unsold, there is
now rather a large quantity at this port on board ship.
Idiporters are naturally anxious to avoid incurring
landing expenses, if possible, and have consequently
manifested some anxiety to realise; but the country de-
mand having suddenly ceased, it has become impossible
to sell largely, even at considerably reduced rates. In
' this state of affairs a part, if not the whole, of what has
lately been received will have to he taken to granary,
and e hen this has once been done there is likely to be
less pressure on the market.
After our last Monday's report was written, the town
millers de.ermined to lower the top price of fleur from
RSA. to 80s. per sack. trill they Lave been freely offering
their best marks this we-l; at the latter rate without
being enabled to induce the bakers to buy. Ship samples
have also he en very difficult of disposal, and Notfelk
hnuseholds have in many cases been offered ss. to 6s. per
seek below the extreme rates of the preceding wetk.
American flour has been wholly neglected ; and the de-
e:ine in the price of the latter has been fully as great as
on that of home manufacture.

The quantity of English barley brought forward has
n small, and the receipt. from abroao only Int dera te.
The reduction in wheat and flour has, however, hnd the
efiri,ct of sening• the inquiry for all other kinds of
crain, and barley has not failed to feel the influence.
The trifling f-usini-ss done has been at terms decidedly
b.•1,,w those of Monday lai,t; and the difficulty experi-
enced in making sales was greater at the close than
earli.r in the vteek.
The operations in malt have been on a strictly retail
scale, and the turn has been greatly in favour of the
purchaser.
The mark,ts hive bsen very sparingly supplied with
oats of home growth: 'tom our own coast only 381
quarters, from Scotland 830 quarters, and from Ireland
1,244 quarters, saying to hand. Having, how.
ever, received 21,335 quarters from abroad, no scarcity
has been experienced. Neither on Wednesday nor
Friday were nny purchases of importance made by
buyer! from the country, and the local demand being
very restricted the trade eas languid in the extreme.
Undfx these circumstances accurate quotations cannot
be given, for whilst needy buy, rs hail to pay nearly
former rat, s for the small quantity they required, it is
certain that prices ls per quarter lower must. have been
taken to have sold largely.

✓
Beam and pea&- have met with very little attention;
and with trifling stocks and :mall supplies the value of
these articles has tenth d downwards.

The inquiry for Indian corn has fallen off very consi-
derably; and though stllers have manifested a disP 0...
sition to meet bit% ers by taking less
.-noney, they -have
been unable to make much progress.
The eff,ct of toe late destine in the value of wheat in
the British roark,t,, on quotations on the continent can,
of course, not as yet be known; but the general tone of
the advices from the near ports is somewhat subdued in
eitusequence of a similar alteration in the weather to
that experienced h:.re. At Dan'zic, however, prices
were apparently still on the advance on the 22d inst.
The supplies down the Vistula had been small, and a
good many orders having been receiaed to buy, high-
mixed wheat, of 621 b. weight per bushel, bad realised
equal to 85s. 6d. p, r quarter, showing a rise on the
rites of that day se'oni4ht of about Ss. per quarter.
ihmealite-ids,tuamla,ouennd,
to
oLaobwo-eurt
At hen gsb, rg, on the 22d in..t., business was quite at
Poland together
trqii'tvg:elrishreerf::"biny would,tthl el endt B"au
sg
ofe, 5.7 u n e.
a stand for want of sup' I es, al d very high prices were
asked for the trifling stocks it, granary.
From Rostock we have no advices this week; but a
s
letter from Stettin of the 24th of May informs uthat
holders of wheat were then asking equal to 90sper
y
quarter, free on board, for qualities weighing only 591 b.
per bushel. Rye had been, and still continued, in great
request for the interior, and prices corresponding'with
725. per quarter had been paid for the article. The
i transactions in wheat had not been of much importance,
owing, in the first place, to the scanty nature of the
stock, and, further, to the extreme high price asked. The
weather had been cold for the season; still there were
no complaints of the appearance of the growing crops.
the dull English accounts,
butrhgehmmeurchhetlehsys effect appears to have been.
the continued demand from the interior having given
oncomplete exhaustion of the stocks on the spot and
had been further increased by the news from Sweden,
ptherAdall
confidenceead mto the sellers. The firmness of the latter
of
fhe allkinds
e,,
o determinedtitt
wheat.to prohibitßeyen
acted with much cauion ; but their
iressing 945. to 953. per quarter bad been
occurred in
ni on very
quotations,na arked
whtspaidhtaaa edntit
e"
for'ls generally
e'
thatlrnwheattg
wheat trade was quiet, aAltterratairoins, ap-
pearsond barley,
ecln Thursday, n t ei to'.
e nFhrathoehvenaeect accounts uun t s from Havre are, buteratheiemre
flaw:lu
cha-
racter; and the only thing worthy of notice in the intel-
ligence from the latter place
. is,
June,
there were. still
buyers of flour, for delivery
which would appear to indicate
luthautne
spublice,ea at
opinion
prices,
tinued in favour of a rise during the
m erp
mementhce.on-
At Marseilles, on the 21st of May, holders of wheat
were rather anxious to realize. Polish Odessa on the
spot was worth only 635. per quarter, and for delivery
iu June 58s. per quarter.
From Leghorn our advices are of the 19th of May
the wheat trade was then decidedly dull, and Egyptiars
was obtainable at about 365. to 375. per quarter. "Mrs..
rianopoli and other good qualities, on the spot, were lie Id
at equal to 645. to 68s. per quarter free on board; tout
'
there were s• Hers for June delivery at 59s .
to GOb., or for
delivery in July at 565. to 586. p:r quarter.

RE-APPEARANCH OF THE POTATO
Saturday,DlSEASt.--
statem en t froreceranotalyr
ill nln then
in the Carlon, Sentinel with regard to the re-ap-
pearance of the potato disease in that county. The discovery
We
havceorrresvc6pisOenddeant,letcotenrfirl.
of- it at so early a period, when we were to be visited by such an
affiiction, is regarded as fortunate by our cc rrespondest,,
will begs of as to im:sr -ss upon the public the advisa-
bility of sowing beet-r.,ot and turnips in lieu of potatoes
wherever the disease shows itself. The appearance of the
pGuahrlieiswhed
other crops, particularly wheat, and the breadth of land sown
under them. are st oken of as she most encouraging ever wit-
ues3ed,--publin Pilot. ,