The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-03-21
Letters from Brazil.
Correspondence Of the Herald.


RIO DE JAyEIRo, JAN l, 1872.
Commsrciai-7he -Four Market- Prospects Of 1912,
shall devote this letter to the benefit of your
commercial readers, and hope the information
which is presented may be found useful, as can
assure them that the statements may be relied upon
as strictly correct.
Last years importation Of flour into Rio, sur
passed all expectations; the whole amount received
rom the United States was 2l7, 462 barrels, which
is an increase Of 1881 barrels on the ave-
rage importation Of the three preceding years and
of. 5,679 on that Of last year. A considerable
demand for Montevideo during the first six months
and the publication of decree by Governor Rosas
in the month Of August, which permitted -four to
be imported into Buenos Ayres, prevented prices
from going much lower In many instances; the out
side terms Of Richmond having been $40 and $H,
and those of Baltimore and Philadelphia SIT and
l2S25O for good and 1880 for inferior quality,
the Ivanhees cargo from New Orleans cold al $500
it being very inferior. Prices declined during the
first four months; from May till November they
gradually improved, and nothing Of importance was
done IN December there having been pure base
except at q considerable reduction, to which the
importers were not inc ined to submit.
JThe old Richmond hsur, principally the GAllego
per the Thiberius Of inferior quality, but the
Phladelphis, which arrived here in April and May,
turned out very bad and the Tweed brand has lost
its reputation, the last arrivals having proved
worse than common Baltimore brands. The ne w
Baltimore aAd Philadelphia proved very fair. prin.
eipally the Patapsce brand, which enjoys now the
same credit that the Tweed formerly had some
good family -four arrived frsm Baltimore, which
sold well, but il docs act keep in this cline.
The importation from Europe was like wise larger
than the two preceding years, having amounted to
2l,Ssl barrels, amongst which were 7,4S0 barrels
from Trieste and 1855 barrels from Havre, both
estimated equal to Richmond and 400 barrels from
Antwerp Of a superior quality. From Chill there
was received 1881 sacks Of -four which was not
liked by the bakers 200 barrels ground at Pernaln-
buco, and shipped hither have been returned to
that port not being approved Of in this market
The duty on -four continues the same-2 mill 7c3
reis-which at the present safe of exchange may
be set Down in UnteA States currency at 81 cts
per barrel.
The prospects for 1912 in regard to -four, prices
are any thing but fattering. The year commenced
with a stock equal TO six months consumption, and
in Monte video there Is enough for ten months, for
which reason, there is no hope Of reexporting any
flour for some time. II is impossible to say at what
rates prices will open. The bakers are not in in.-
mediate want and do not show any inclination TO
purchass largely, unless at prices which will yield
4 considerable loss to the skipper. The last sales
were-Richmons $i9 and small parcels of Balli-
more and Philadelphia IA, $500 to SIS.
The Brazilian government gave a patent for Is
years TO Frenchman to make bread of rice. but it 10
generally believed that this will very little injure
the consumption Of flour.
AThe stock in first hands on the 3lst. ultimo con-
sisted Of p 6l3 barrels Haxall and Gallego, 1909
barrels OF Baltimore and Sl5 barrels Of
TONS all AZ 457 barrels Of the stock in End hands;
5000 barrels are held by spectators. The con.
sumption has but little incre ased and cannot be
timated above 10, $50 barrels per month.
From these statements merchants in tho United
States will be enabled to judge of the probable
salt of shipments Of flour to this place for the
ing six months.