Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1825-05-03

Fhour MUhet-Some little activity was pro-
duced in our Flour market this morning, in
consequence of intelligence received late last
evening, from Baltimore, by one or two of our
merchants. The market opened at D4 Sat
four this afternoon the dealers were paying
D5 O6 from wagons. The cause of this ad.
vance is great drought in the Peninsula and
the sudden rise Of -four and grain at Gibral-
ter, predicted upon the anticipated opening
of the Spanish ports.
We subjoin all the information on the SUBJ
ject, that we have been able to collect from
the Baltimore and Philadelphia papers.
From the Philadelphia United States Gazette
FLOUR.
This great staple Of the middle states,
has, within few days, been reached by
the spirit of speculation which is a
broad: good super6ne flour may be
quoted at about Sc. This rise has
been caused by Information from Glib
raltar, of the intention of Spain TO o.
pen her ports for bread stuffs. On
looking over the Mercantile Gazette of
Buenos Ayres, we were forcibly struck
with the immense surplussage Of flour
in the South American market. That
great quantity must necessarily have
diminished the stock in this country,
and consequently it may fairly be in
ferred, that the present advance is pre-
dictated upon circumstances, not likely
soon to vary. The quantity of flour in
our market, cannot be calculated at
more than one third of what is usually
on hand, at this season Of the year; and
the same events which have diminish
ed the Philadelphia stock, have un-
doubtedly operated upon the n. York,
Baltimore and Boston markets, in ST.
milar manner.
From the Baltimore .4meicdn]
THE FLOUR MARKET.
AS early as Thursday, we learn, in
formation was received in this city re-
speeding the opening of the ports Of
Spain for the importation of bread
stuffs, which caused an active specula-
ton in our flour market The intelli-
gence, it now appears, was brought by
the brig Draco, at Philadelphia in So
days from Gibraltar-and letters iu-
form us that corresponding activity
took place in the Philadelphia market,
nearly the whole of the stock of flour
having beep purchased there at SIS 25
to S. so per barrel. In the Baltimore
market -four was held yesterday at So
per barrel-S5 50 having been offered
and refused.
An extract of aletter from q COM
mercial house at Gibraltar, under date
of March 10Th, to another in this city,
saws 1--WE wrote you the 18th inst.
and we have now merely to acquaint
you that we have just sold 100 barrels
Of Baltimore superfine flour at SS per
barrel; and as the stock on hand will
we have no doubt soon work off for the
consumption Of Spain and Barbary,
prices in all probability will be fully
supported Indian corn is also wanted,
VIC hold large orders for that article,
but there is none here
We have been politely favored with
an extract Of another letter to COM
mercial house in this city, dated Glib
raltar, 10Th March, which says -
"Flour is retailing here at from to
9 dollars, there being none in first
hands, suppose by the cargo 1t would
command s dollars However | do
not think it would be a safe speculation
from the United States, as Spain and
Barbary can be supplied from France
and the Black Sea much lower than 1t
can be furnished from America-the
extreme poverty in Spain will tend TO
keep the price down in that country, as
the people have no money TO purchase
at high prices"
From the Baltimore Morning Chronicle.
The arrival ofthe Draco, Capt. Drew,
at Philadelphia, in So days from Glib
raltar, has accustomed great stir In
the Flour market there.
She brings news, that in consequence
of severe drought, in Spain, the ports
Of that country, were to be opened to
the reception of American produce.
1t appears, that Flour had advanced
at Gibraltar, and the demand become
brisk, as 5000 barrels had been sold at
from Sc 75to7 rs and 100 bbls. OF
Baltimore flour brought Ss.
In consequence of this news it is sta
ted upon the authority.of letters from
Philadelphia, that all the flour in that
market had been bought up at SIS Is a
5 so and was held at S6.-Prices on
the 10Th March at Gibraltar were, whis-
key hhds. from store, 24f-Linseed
Oil Sl,oS los per gal.-Flaxseed 81
so per bushel."
From the Franklin Gazette.
A letter from Gibraltar, of March l6,
states Philadelphia and Baltimore
-four to be selling at to dollars. A
letter of a later date says that it was
selling at to 9 dollars. Kentucky to-
bacco was Is to rs. The Spanish