The Sun.
London, England, 1868-03-24 00:00:00

IRON.

PHILADELPHIA.—There is quite an active demand for
pig metal, says the Commercial List, the stock of which is
light, and prices have again advanced. Sales of 3,000 tons
Lehigh Crane at $3B for No. 1; $36 for soft No. 2, and
$3O to $34 for Grey Forge ; 2,000 tons Allentown No. 1 at
$3B to 38 50, for March, April, and May ; 2,000 do. other
Lehigh brands at $37 to 38; 300 do. Silver Grey at $34.
Allentown is now held at $39, and for other first-class
brands $3B has been refused, but some of the makes, we
understand, can yet be bought as low as $37. 1,000
tons Glendon Grey Forge, and 1,000 tons rails
sold on secret terms. We hear of large sales
of Glendon Forge, at the Eastward, on secret
terms. It is estimated that about one-half the
capacity of the Pennsylvania, companies has already
been disposed of, hence the firmness and the demand fcr
higher prim.
It is proposed to erect from twelve to fifteen furnaces
during the coming season, and new stacks are now being
erected in addition to those already in operation, at the
following places :.—T wo at Bethlehem, one at Hellertown,
one at Glendon, one at Allentown, one at Alburtis, one
at Catasque, one at Hokendauqua, and one at Whitehall.
Scotch pig is nominal. Blooms continue dull. Manu-
factured iron commands full prices.

PITTSBURGH OIL TRADE.—Daring the past year many
of our refineries have remained idle, and others only run
to a limited extent. Notwithstanding this, it will be seen
that the amount of bonded and free in the 22d district in-
creased in 1867 over 1866 to the amount of 403,401} gal-
lons, and in the 23d district there was an increase of
45,180 gallons; total increase, 448,584} gallons, or 10,680}
barrels. The increase in both districts in 1867 over 1865
amounts to 10,734,298 gallons, equal to 255,578 barrels;
and the increase over 1864 (leaving out the six months
in the 23d district, of which we have no record), foots up
15,643,876 gallons, equal to 372,473 barrels.
It will be seen from the official report of the number of
barrels forwarded East, over the Pennsylvania Railroad,
during the past year, that there was a decrease from 1866
of 193,069 barrels—equal to 8,108,898 gallons. This is a
curious fact, that whilst there was an increase from our
refineries of over 100,000 barrels in production, in 1867
over 1866, yet the shipment East, by the line of the Penn-
sylvania Railroad, decreased over 190,000 barrels.
The number of barrels of crude oils gauged by the city
gauger, during the year 1867, was as follows
1867. bbls.
January 7,727
February ... 32,618
March ... 75,713
April ... ... ... 268,727
May ... 106,418
June 29,462
July ... 40,291
August ... 9,402
September „ 8,912
October 13,498
November ... 14.759
December ... 52,488

657,965
By special Gaugers ... ... ... 62,324

Total ...

... ... 720,299

Equal to 29,000,000 of gallons.

The exports of the year have been enormous, Philadel-
phia having increased, and New York decreased, whilst
Boston has increased nearly as much as Baltimore has
fallen off, leaving the total from the whole country about
the same as in 1866. To the English ports there has been
a large falling off in the shipments from Now York, as also
to Havre, Hamburg, and to some ports in the South of
Europe and South America, while to Bremen, Rotterdam,
tbe Prussian ports, Africa, Australia, &c., there has been a
large increase. From Philadelphia there has been a
marked increase in the shipments to Bremen, Rotterdam,
Cronstadt, Stettin, Dantzig, Stockholm, Venice, Gibraltar,
&c., and some falling off in the exports to English ports.

SAN FRANCISCO, Feb. 10.

Corn--The supply is very meagre, short of the mill de-
mand. White and Yellow are quotable at $2 25 to $2 35
per 1601bs. On receipt of this grain, since harvest (seven
months) arrivals about 13,000 centals, thus showing the
comparative insignificance of the California crop.
Corn Meal—Several small invoices of fresh-ground, in
assorted sized bags, are reported sold at 3 3; to 3i per lb.
There is yet no eastern Kiln Dried in market. The pro-
spect is good for the 259 puncheons now en route from
New York. _ _

Wheat.—Since the incoming of February but little
choice grain has been offered for sale. Occasionally small
purchases are reported by millers, and for this description
$2 7.4., has been paid for lots suited to the manufacuire of
best Extra Flour. The sales reported from day to day are
as follows :-5,000 sks extra choice milling, in lots, $2 75;
15,000 sks shipping, $2 70 ; 7,500 sks fair shipping. $2 65 ;
13,000 sks common, $2 60 ; 12,500 sks fair to good, $2 50
to $2 55; 7,600 sks inferior, $2 40 to $2 45—the market
closing dull at $2 50 to $2 75 as extremes.
Barley—At the close of January, 250 tons of Cheva-
lier were taken for shipment to New York at $1 80 to
$1 90 per cental ; 60 tone do, sold at $1 87k; 1,000 sks
Brewing, $1 77i ; 2,000 sks Brewing, in double sks, for
Arizona, sold at $t 90. A sale of 7,1;00 sks, to arrive
within 30
.days, is reported, though not generally cre-
dited, at $1 70. At the close, We quote good to choice

Feed, $1 75 to 180 Brewing, $1 82i to 1 87k; a few
parties demanding $l9O.
Oats—The consumptive demand appears to be on the in-
crease. We quote sales of 2,000 sks fair quality at $1 8
1,000 sks choice, $1 85 to $1 87}. We quote the market
range, $l. 75 to $1 90 per cental.
Exports of Breadstuffs, from this port from July let to
February Bth, inclusive :

Flour. Wheat.
To bbls. 1001 b sks.
New York 75,515 295,757
Boston
Great Britain 27,562 2,873,545
China and Japan • 57,325 . 11,325
Guam 2,667
Pernambuco 2,600
Valparaiso 10,411
Callao 14,036
Rio do Janeiro
Montevideo
France .
Other countries 31,985

12,224

47,901
18,41.7

Totals

During the past ten days we have had a very quiet mar-
ket for both flour and grain. Receipts from the interior
are beginning to lessen in volume, and the impression is
gaining credence that a considerable portion of our wheat
crop has already been marketed. The active demand
heretofore noted has in some degree ceased, owing to a
cessation of the export requirement at the high rates no •v
current for breadstuff. There is, however, at this date a
slight improvement in the demand for both barley and
oats. The former has been taken to a moderate extent for
shipment to New York, the latter for local use. Corn is
very scarce, and from present indications the corn ine?l
now en route from New York will come to a good market.
Bran and middlings continue to rule high, with free sales.
Hay is well sustained by the combination. Potatoes are
measurably unchanged. Onions are both scarce and high.
Flour.—Our millers have recently advanced their job-
bing rates to $8 to $8 25 per barrel for fancy and city
extras; though for round lots we quote $7 75 to $8 for
half and quarter sacks extra ; for superfine, $7 to $7 37i,
for favourite brands. At the latter rate sales of National
Mills are reported. Of late several of our millers have
been filling contract sales for superfine. These have gone
forward to England and other countries, as will be found
noted elsewhere. At present most of the city mills are
either running upon short time, or have shut down alto-
gether, for the reason, they say, that wheat is now rela-
tively higher than flour, and that there is no profit to
be derived at present from sales to shippers, notwith-
sta,,ding the high rates paid for mill offal. Recent
sales of flour for export, chiefly to the United Kingdom,
include the following—say 5,000 bbls Genesee Mills Super-
fine, in half and quarter casks ; 3,000 bbls Golden Age
Mills, do.; 2,000 bbls National Mills, do.; 4,000 qr sks
SuisunMills; 3,000 qr sks Napa extra; 2,000 qr sks Grand
Leland ; 4,000 qr sks Alemeda Mills ; and 3,600 qr sks va-
rious brands - all upon terms withheld ; but the bulk of
the sales were made prior to the advance noted above. At
the close, best extra commands $8 to $8 25 ; superfine,
$7 to $7 37i; fine, $6 to 6 75 per 1961 b.