The Sun.
London, England, 1842-05-30 00:00:00

WINE TRADE.

On a former occasion (April 23) the explanations
on the part of the wine trade of a statement contained
in a letter from Lisbon, dated March 30, were noticed
at some length. The . explanations were to the effect
that, although the statements of the correspondent
were numerically correct, and port wine was 'Very
abundant, an important omission had- been made,
by not taking the quality of the port wine into
consideration, as, in fact, the wine which was in
such great plenty was of such an inferior de-
scription, that it was absolutely unmarketable in
this country, and good . wine was as scarce as
ever, and could command as high a price. These
explanations seem to have escaped the notice of
Messrs. Quarles Harris and Sons, who have issued a
circular, in which the. same doctrines are set fOrth.
This circular, however, though in tendency the same
as the explanations already noticed, contains some
calculations not before given, and which may be in-
teresting to the trade ; these, therefore, may be in-
serted. To the following numerical statement, which
is the same as that contained in the Lisbon letter,
Messrs. Quarles Harris agree :
Vintage of 1841, classed as

Pipes.
Ist quality
- 3d ditto
Refum .,456

77,89-1
Stock in Oporto, Villa Nova, &c., classed as Ist quality 153,257
Ditto, old, in the country 20,9f)7

252,088

This stock is, however, greatly reduced,
the possibility of disposing of the wine in the English
market is concerned, by the/following analysiz, which
is contained in the circular : as far as

VINTAGE 1841.

Classed as Ist quality
01 this amount far less than 8,000 pipes ate
of a quality adapted to this market, the situ
age being mere wine and water, but We will
strike off only

Fives.
58,083

50,000

Leaving 8,083 pipes available, in order to be
on the right side
Classed as 2d quality) none being fit for )
Classed as 3d quality tle English
Classed as refuse 3 market. 3
In Oporto, Villa Nova, &c., classed as first
quality
Deduct as only fit for wine shops, burning for
brandy, and converting into vinegar, at a
very low estimate indeed ............ 33,3b7
Old in the country we w3l throw in, as all fit
for England, though this is far from being
the fact ,

$,083

0,000

20,907

The lowest depot stock for an export of 30,000 )48,990
-pipes is 120,000, which deduct....-

120,000

Leaving a surplus of • " • 28,990
on the lowest estimate for the regular and necessary depot.
Messrs. Quarles Harris add, that 140,000 pipes
would not be too large a depot, an estimate which re-
duces the surplus to 8,990, remarking that if the vin-
tage next year should prove short, •(-) small a surplus
would leave the market in a very 'dangerous state.
On an assertion that many houses in Oporto, sustain
an annual loss of from 2,000/. to 3,000/., by,holding
from 1,000 to 2,000 pipes of wine, .Messrs. Quarles
Harris remark, on their own experience, that it is im-
possible to conduct business well without keeping a
stock of old wine exceeding 2,000 pipes, and that the
loss is fully compensated by the improvement the
wine acquires from keeping.—Tunes Money. Market.

APPROACHING MARRIAGE IN HIGH. LIFE.--The
nuptials of Lady Elizabeth de Rede de Ginkle and -the: Mil,
"season.
..eon arranged.
Captain Frederick Villiers, son of the Earl of Jeisey, are, -wo
hear, not likely to be solemnised until the iliThe of A. -
The preliminaries for the marriage