The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-08-21
Corn Trade.

b +.
The advces received by the steam ship Hibernia in
laon to the state of the throughout Europe
sesmer lett the harvests had not Commended The unfa
vorabe state of the weather of the few days previous
greatly alarmed all interested for the fate OF the standing
grain. A late harvest is never prolific one.
The consumption of wheat in Great Britain is about
half million Of quarters per week. and late harvest
draws at that rate tine stock OF old wheat hand for
every week is behind the usual time. This fact alone
as sufficient allowing the yield of the crop to be
average when it does come into prices aud
create heavy demand on foreign countries, for the
quantity, at least, wanedto fill up this difference.
on the continent are in full as unfavorable
condition. and the imports into Great Britain must come
from some other than the usual sources.
The present quotations in Liverpool will not admit of
existing restrictions but as the result OF the
harvest known, which will be beforet he sailing the
sbove the ruling rates flour purchased this
ke nthe present qnotatons can be exported and pay
muneratipg returns
In anticipation OF such state OF things the shipping
houses have advanced the rate of freight -four from Is
Cd to Is barrel Holders in this market have wisely
concluded TO wait for further advices before shipment
nut spectators purchasing in anticipation OF
hrmation those received by the late arrival.
and in some instances advanced shilling barrel
further Improvement will be realized within the next
two weeks caused by the demand speculation Creates
The quotations in Liverpool on the Sd inst were for
United States Flour, out Of bond. 3ls Cd 32s
do do Wheat 70 b.. ou, Of bond, sssia S. sd
do do do do in bond. -. Is a IS Sd
General average prices OF British Corn for the week
in the different cities and towns in England and
Wales. per imp'ri quarter =
Wheat SIS ID Barley Oils ID Oats 2ls Rye 36s 3D. Beans
Sis Id, Peas 49, Cd.
Imperial Aggregate Averages of the Six Weeks
Wheat sBarle. 49, Oats ls 3D. Rye sas 3D. Beans s9s
lOd, Peas 32s 3d.
Duties on Foreign Corn-wheat iss, Barley ss, Oats
rs, Rye9s 81, Beans lis cd, Peas los Cd
From circular received by the Hibernia from
tensve house in Liverpool dated the Sd nst extract
the following -
At the present period tn re are scarcely 100000 quar-
rcnfN Qhaat Iart ha nso l.cEo l.,tla
pect of more than moderate quantity coming from the
Baltic and the low prices and high duty likely to pre-
vail precludng the prospect oil any material supply from
the Mediterranean and B4ck ports. These
atoms assisted by the influence Of occasionally wet and
generally protecting weather for harvest have had
the effect Of raising the prices of Wheat in the past month
TO the extent TO Is Cd per b. and Flour Is to IS
barrel but the advance having been rapidly accomplish.
ed these increased rates have suffered some reacton
the question Of socks appears have less influence
than the state OF the weather which has lately become
more favorable upon the whole.
In the early districts of the SOUTH of reap
ing will take place week. but in the midland coun
ties and those Dorthward Of us, nothing OF any
quence will cut for fortnight three weeks hence
AS usual ehear some complaints of the Wheat ha
wing suffered from cold weather aud retarded ripening
but these By general and would probably
disappear in great degree the establishment of
OF favorable weather In Ireland the promise of
Wheat crop good, not generally so the spring crops
and potatoes The Canadian Corn Bill does not give the
mercantile community the satisfaction that was at frt
expected appears little calculated to induce the trans
mission of United States produce through the CaDadas
except at times wher our prices shall be sufficiently high
duties prevail shall to exclude shipments direct
from the American potts.
Our recent advices lead us to expect much shorter
quantity of both wheat and flour than last year. from
Montreal and that what forward will chiefly ar
rive in the fall OF the year. Al last market there
active proceedings in any article OF the trade;
wheat of every description accordingly continued TO
extremely dull limited sale at further abatc
ment II ON that above noted thereby reducing quota
tons ID 10 Sd 20 lbs below the rates OF Tues
day last Flour also moved of very sparingy English
and Irish further giving way and placing quotations
Is to Is sack and Canadian "a per barrel under
those oil this day week States -four, however from the
short supply here, was stationary In value.
This market closed on Saturday in a favorable
condition than we have noticed for time past
Holders very confident better prices would be
realized and abuoyancy Of feeling prevailed uncommon
this branch OF trade unless in times deep specula
ton
We quote sales of Genesee at So very firm; Ohio and
Michigan, SASH SI,s79; Georgetown, S.. southern
descriptions merely nominal in equencc of the
very limited demand Wheat is in fair request and ope.
raiions rule 90 90. Rye is getting plentier, and
sales are made SO 6Si cents Corn rather improy
ing prices are firm at IS cents for Northern.
The recepts of -four continue large with n limi.
ted demand conseque the stock Of flour hand
daily increasing The present supply in store reaches
over 100000 barrels.
Account of Flour and Wheat arrived ct tide water dur.
ing
ID Week in August. Total TO l4h Aug
Flour, bbls Wheat, bush. Flour. bols. Wheat, bush
1873. .6sO32 1922 7s9076 2sS ts2