The Sun.
London, England, 1848-09-14 00:00:00

THE CORN TRADE.

NEWCASTLE-UPON-TYNE, SEPT. '.9.—With the excep-
tion of a few alight showers on Tuesday and Thursday,
the weather since this day se'nnight has been every-
' thing that could be wished, and by to-night it is cal.
culated that fully one-half of the wheat and barley will
' have been secured; of other grain little has yet been
housed. The trade during the present week has been
in a very listless state, and the business done in either
wheat or flour has been trifling, at a decline of 2s. upon
old, and 3s. to 4s. per quarter on new wheat, whilst on
flour the reduction may he stated at fully 3s. per sack;
other articles at the same time being offered at lower
rates without exciting attention. At our market this
morning we had a large supply of wheat from the
growers, which consisted almost entirely of the new
crop, the condition of which was much better, but we
cannot note any improvement in the quality. The
trade, upon the whole, ruled firmer, and a fair extent of
business was done in new and old at the decline above
noted; new commanding from 48s. to 565., and choice
old red, 563. to 585.; white being worth 2s. more.
Bonded was held with much firmness, a probability now
existing of the duty falling to minimum. In flour few
transaction occurred, holders being unwilling to accede
to the views of our dealers; what sales took place were
at 395. to 4th. for households, and up to 425. for whites.
Barley scarcely so much inquired for. Fine malt is
wanted, but inferior qualities totally unsaleable. Having
only a moderate show of oats from the country, fresh
threshed samples were the turn dearer, as were also the
best Scotch; but foreign, although more saleable, cannot
be called any higher. The best
,Seotch, weighing 421 b.
to 431 b. per bushel, made 285., and the best new, for
mealing, 265. to 295. per quarter respectively.
WISEEACII, SEPT. 9. I' he supply of wheat is small,
and the yield being badly spoken of farmers show great
firmness, and, on the whole, last week's prices are given
for all good qualities. But few oats or beans showing,
and each rather dearer.
LEEDS, SEPT. 12.—There is a fair arrival of wheat
reported to this day's market, which meets with a ready
sale at an advance of Is. per quarter over the rates ob-
tained on Friday. Barley nominal. Beans as last
quoted. No alteration in other articles.
HULL, SEPT. I2.—The last circular described a com-
plete downward panic in the trade; we ventured to anti-
cipate its being of short duration. On the Tuesday the
farmers seemed capable of but one idea, and that the
getting rid of their produce; scarcely had Tuesday
passed before there was a return to sober-mindedness,
and daily since then the trade has recovered itself; and
although the transactions of the week have necessarily
under such a state of things been most limited, yet we
have heard of no sales at prices correspondent with the
noted decline of this and other markets, and know of no
holders disposed to give way in a like proportion; in-
deed, throughout the whsle of thin district, old wheat is
in too narrow a compass (not deficient in quality, but in
few hands), and will be too much needed for admixture
with the new crop to warrant this, and we may reason-
ably expect to see good qualities of such an improved •
request ere long.,

HOP INTELLIGENCE.
(From the Maastone Gazette.)
BOROEGII, SEPT. 1 I. W e are this day supplied with
about 25 p ckets of new hops, the quality pretty good
for first pickings. As yet there is no demand for them
The duty is estimated at 205,0001.
Yearling Kent pockets
Ditto Sussex ditto 42s. to 565.
MAIDSTONE.—T e hops have rather gone back in
many grounds during the past week, in some cases be-
coming " foxy," the mould increasing, and generally the
plant having been " stung" by the late cold nights.
Picking will commence generally in this district in the
course of the week. It is thought here that the duty is
over rated.
MILLING —Hops are getting firm, but will be small,
and there aro very few grounds without mould. Picking
will not be general till next week, though some few will
commence towards the end of this week.
ULCODID.—The reports of extensive ravages of the
mould, which have appeared in some of your contem-
poraries, are unfounded. Although not free from the
mould, it has not yet done much damage.
TALDINO AND lIUNTON.—Out hops, since the fine
weather, have done wonders. In many gardens, and
especially below the hills, a good crop is anticipated.
In some, grounds, however, where the mould has been
predominant, there is no improvement.
HORSHONDEN.—Picking commenced in this parish by
three planters on the Bth, but has been discontinued for
another week. The hops are very uneven. The mould
rages in all directions, and should it keep on, the whole
of the plantation must be infected, more or less. We
cannot even guess at the weight or
quality at this early
stage.
CRANDROOK.—The crop still appears flourishing in
this neighbourhood. Parties here are strongly of opinion
that the duty you last week quoted must have arisen
from a typographical error, experienced growers being
decidedly against such an enormous sum as 210,0001.
Picking commences at places in a few days. [The
figures were correct, according to our letter.]
WROTHA3L—The hops are: looking generally pretty
well, though it is calculated that a third of the hops in
this parish have the mould in them, and therefore will
not be gathered, as I hear the farmers about hero have
come to the resolution of gathering no mouldy hops this
year.
'WITHAM AND SEAL.—Although the weather has
been more favourable during the past week, there is
scarcely any perceptible improvement in the hops.
Those which have no disease have grown but little,
while those infected are going brown. The general
opinion is the duty is much too high.
GOUDHURST.—We have
commenced picking in one or
two places ; about the middle of this week it will be
general. There has been a very great improvement
within this last fortnight, but the hops are as uneven as
the bine has been. 120 acres have been grubbed in
Goudhurst and Horamonden; if every two parishes have
done the same quantity, and taking that as a ratio
through the whole plantation, it is evident that there
must be between 4,000 and 5,000 acres less; on the other
hand there might be the same amount of '47 planting or
first polling this year. These two parishes will not ttve-
verage 1 cwt. per acre, which will be the same in various
parishes. 'lnking into consideration the grubbing, the
smallness of the hop, mould, &c., the prevailing opinion
is, that the duty will never exceed 200,000/. I have seen
hops on the poles completely rotten, which I:cannot ac-
count for.
ORPINGTON.—The hops are getting ripe fast. We
commenced picking on Monday (yesterday). The white
mould has stopped thoir growing out. We expect as
many as last year, and shall leave the mouldy ones on
the bine.

CANTERBURY.-The hops hero are:fast approaching
to maturity, and picking will commence in the most for-
ward grounds during the present week, and become gene-
ral on the 18th and 19th instant. It is estimated that
the duty for this district will fall at least one-third short
of last year's amount, as in many acres of plantation the
failure is so very decisive, that a gasket will not be put
in the grounds, and indeed the bine in some have already
been cut and tho poles drawn. The mould has com-
mitted great havoc, and the red rust is becoming gene-
ral in the gardens that have surmounted it. Judging
from the state of the crop here the estimate duty is
generally considered much higher than:will be realized;
but should it do so, their probable price will fall short of a
remunerating one to the planters of this neighbourhood.
FARNIIA3I, ALTON, AND COUNTRY DISTRICTS, SEP-
TEMBER 11.—The plantations have improved within the
last fortnight, but the hops have not grown out. We
think the duly is overlaid at 12,000/. for the district.
Picking ham partially commenced, and will be general on
Wednesday vs Thursday next.
WoacEsTiar..—Hop-pickiug has partially begun, and
by the beginning of this week will be general. The
growth iu mast instances will be small, but the quality
will it is expected be an average one. The duty is called
18,0004

(From the Sussex Advertiser.)
BEcKLEY---The hops are now nearly ripe and picking
will be genera 1 in this district during the week. Except-
ing the mouirly grounds we anticipate a good growth, as
they appear to be full of "condition."
BATTLE.--aile hops are looking splendidly in some of
the 13rooks, nd where they are well poled about 15 cwts.
to the acre will be the quantity of the best of them; but
there are re aaly pieces of hop ground here so deficient of
good poles, which wiil very materially lessen the quan-
tity it rough weather accompanies the picking. We'
have had sinx e days of excellent weather for them, and
they have felt the effect of it, as they have grown in a
surprising xo miner. There is an appearance of unfa-
vourable w, ;ether.