The Sun.
London, England, 1848-09-06 00:00:00

REVIEW OF TITE43IIT,I4Ii
, _
CORN TI
.fi Rs-- L.:----''l
The thunder-storm wi:h w iiell the tiejofuio' f,
the metropolis was visited on fini.leettfja-e- eiciiitl '
. tilp
to have extended some distan e into XIII entvit " t
the rain 'havteg been succeed
.21* lrywk • . ' ',•'i
warm sunshine, no great isb. "-1 I• - C )
result. Harvest operations
A, ta. wever, nen
temporarily suspended by the %-iv 4 cti.hten
ties over which the storm passed, but, on the whtle,
the weather has been favourable during the week. From
Monday to Thursday hardly any rain appears to have
fallen in any part of the kingdom, and a considerable
quantity of corn was consequently carried, ifi tolerably
good order. In the south there is now comparatively
little remaining abroad, and as the weather has lately as-
sumed a more settled aspect, we trust that what is still
abroad may be got in without sustaining further injury.
The reports as to the yield of Wheat are still very
various; the quality of a large proportion of this year's
growth will unquestionably be inferior, and there is
reason to believe that the produce to the acre will prove
short of an average. Whether the deficiency will, how-
ever, be so great as to cause a high range of prices, we
still question ; and if the month of September should
prove tolerably propitious for securing the northern
harvest, some reaction in the trade would, in our opinion.
most likely take place. Much less has been said lately
about the spread of the potato disease than was the case
a few weeks ago; whether this arises from apathy on the
subject, or whether upon digging the later sorts they
are found to turn up better than the appearance of the
haulm had led parties to expect, is not easily determined;
we are induced to hope the latter, as the growers are not
generally in the habit of observing silence when they
have reason to complain of their crops. The disposition
to enter into speculative investments of grain, which
was becoming somewhat prevalent, has certainly re-
ceived a check this week, and the Wheat trade has been
much less excited than for some time past.
Atsomo of the principal provincial markets held in the
early part of the week enhanced terms were demanded,
but these were paid with great reluctance, and the ad-
vance temporarily established was not long maintained,
lower rates having been accepted towards the close than
would have been taken in the commencement of the
week.

At Liverpool, for instance, holders of Wheat and
Flour were firm on Tuesday, but afterwards they mani-
fested more anxiety to realise, and on Friday the former
article was offered 4d. to 6d. per 'Abs., and the latter
Is. per sack and barrel lower. Indian Corn was also
dull of sale at that port on the last-named day, the Irish
demand having fallen off materially ; yellow was freely
offered at a reduction of Is. per 4801bs.
At the other large consuming towns in the north the
trade has felt the influence of the comparatively fine
weather, with which wo havo this week been favoured,
and unless circumstances shall occur to give rise to re-
newed apprehension respecting the harvest in the back-
ward districts, Wheat is likely to recede more or less in
value.

The advices from Scotland generally agree in stating
that the mischief likely to result from the late wet wea-
thktr will not be very great, if September should prove a
tine month. Harvest work had, however, been much
retarded, and several weeks must still elapse before the
crops in the north can be placed out of danger. The
potato disease appears to be less serious in Scotland, than
with us, and if prices of the article should rise later in
the year, we should probably receive supplies from the
north.

The accounts from Ireland, though sufficiently bad, are
not of quite so melancholy a character this week as be-
fore, and we are inclined to think that the extent of the
potato failure has been somewhat exaggerated as well on
that as on this side of the Channel. Supplies of Pota-
toes were coming freely forward in the Irish markets,
and the demand for Indian Corn had consequently fallen
off so greatly as to affect its value materially.
The arrivals of Wheat coastwise into London have been
moderate since our last, 7,182 qrs. having been repartee!
up to this (Saturday) evening. The quantity brought
Caavard at Mark-lane by land-carriage samples from the
neighbouring counties, has not b2en large—indeed,
hardly anything has been shown on the Essex and Kent
stands since Monday, beyond the few lots then left un-
sold. The millers have, however, acted with extreme
caution throughout the week, and the tendency of prices
has been rather downward=.
On Wednesday scarcely a bargain was closed, factors
being then still unwilling to make the slightest conees-
,,ion ; but on Friday rather more anxiety was manifested
to realise, and in partial instances sales were made at
prices which would not have been accepted in the begin-
ning of the week. That the inferiority of the quality of
a large proportion of the Wheat of this year's growth
a ill have the effect of causing an extensive use of old for
mixing is certain; and holders of foreign have conse-
quently manifested no particular anxiety to press busi-
ness; but as, on the other hand, there has been a decided
unwillingness on the part of the millers to add much to
their stocks, the transactions have been far from impor-
tant. Meanwhile little is being entered for home con-
sumption at present, and the quantity in granary is re-
duced into a very narrow compass, which renders any
material decline in prices rather improbable. The tii.
fling sales made on Wednesday and Friday were atmuch
the same rates as those previously current.
The arrivals from abroad have not been large, only
9,993 qrs. having been been reported this week; consi-
derable supplies may, however, be calculated upon later
in the year, as large orders were sent cut during last
month.