The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-09-16
Corn Trade.

SEPTEMBER l5th-l0 A. M.
Inc present condition OF this trade is any thing but
fatterng Every market throughout the country i'm
porance is flooded with supplies with very trifng de-
mand Prices are at present stationary, but the
crop comes forward the stocks will swell amount
so far beyond the wants for domestic consumption that
quotations must fall TO the very lowest point II utterly
impossible to estimate the stepping placet is impossible
to foresee the result OF the existing state of all branches
S oe with this great and sta
drop in the bucket compared with actual surplus The
actual demand for shipment is small compared with tn
contained in the complexion of the by the next
arrival Should the next advices confirm the last
good bye to all chance for profitable shipments the
prospect OF remunerang prices to either the producer
Spectator Operators that have gone deeply into the
business will be ruined, and fortunes will melt away
from the grasp of all those who hove made the most SAN
guine calculations. The stock of flour in this market
reaches nearly 100000 barrels not barrel of which
made from the crop Of wheat The receipts tide
water from the opening of navigation to 9TH inst
Flour. Wheat.
992,476 barrels. $50, l72 bushels
Equal to 0e3 barrels OF -four being only part of the
surplus Of last years CROP which least quarter
less than that Of the present year. This is very strong
and important feature in this trade Without large
hs ha of
this port alone, before the close of navigation will be
nearly double what before. The producers OF
the west in many instances have their graneries full of
old wheat yet ond notwithstanding the immense quanti
in store the cargoes aaoat in all parts of the country
foreign demand the farmers had large
hand as they have at present They better prices
and we hope for their own salvation, and that of the
thousands engaged 10 the trade that they will continue
firm in their demand and not submit to the first offer of
Spectators who run down the market by false reports
for other creation but indie the hard
working producers out fhdf the real value of their pro-
ducts.
The movements in this market are very trinipg Prices
are recovering little from the late depression Conf
dence has become general; but it is based the
anticipated favorable report from Europe. Drowning
catch at sraws the truth Of which quotation establish
ed in the insane hopes Of our local Spectators
We report sales Of Genesce at 81 s6t sales go
rate generally: Ohio and Michigan 81 sol a 81 e2s
Southern brands dull Quotations are nominal and
naray settled on any prceS4 So ell ronnd is as near
Wheat, good to prime, all descriptions held Csc
81. Rye very dull-so is corn The receipts of grain
are to fair extent in all greatly exceeding the de-
mand
At Boston, the instant common brands Of Genesee
go readily at s4B asd upwards, from stores. The old
vived in New York, and has its effect here.
Albany, Sept IA The tendency of prices in the flour
market is still upward. Holders firm and feel less in
cnation to accept 81 so than buyers TO give it, We
hear Of sales however at that price, We quote all kinds
81 so 62he latter being for small lots Of fancy
brands The arrivals still continue heavy In grain
change.
Syracuse Sept I2th-wheati is still sustained at Is per
bushel But little more IS delivered, however than is
necessary to keep the mills supplied for home conump
ton The streams very low, although there has been
rain enough to keep the surface moist The farmers have
had fine seeding time Flour stands at 81 81 81 80.
At Buffalo the 18th inst. lot Of 1900 bushels OHIO
wheat from store for which 81 oS was once offered, sold
for 75A cents.
In the grain and flour market there the usual activity
and operations large but prices are fast rocedpg to
the lowest standard OF last season, 81 cts; quotation
which ruled here during the whole Of November.
The decline in the price of wheat in this mark ct during
the past week buhel which If continued in
10 the end the month brings that article to the standard
which assumed the LIST Nov. year ago. Whether
will recede below that range this fall is yet be deter
mined Some think will, others deem the market able
to sustain itself after reaching 62t cents at this point
There is yet wheat afoat in the market although
the Propce cargo l0OO bushe has been ordered to
pe Toured at the Rock Buyers do not seem disposed
to advance on, even to meet yesterdays quotations
Good samples may be obtained at 75t cents. Western
Hour % 5 Corn is held at 3t cts which is too high
pay freight and charges, and meet the Albany market
now du at 5Ot cents The lowest freight from this city
to Albany is ID cts bushei.
notwithstanding that the prices paid for grain fully
equei 70 those given year ago. the receipts Cev Gland
snow agreat telling OIL compared with 1917 We give
tne HOUR &C. at that place during the first week
Flour, $s6i 2l.ls9 Ii7a $500 6,iaa
Corn, O32 1850 lO'oa6 oae asIe
The difference In -four and wheat here exhibited is
equive to 80 600 bushels and may be attributed solely
TO term nation to withhold their stock until hishcr
prcer arep,id Under the this determina
ton is likely to hold good for the remainder Of the
Tor certainly prospect Of advance at
AT Oswego, the nth instant there abe ac
yity in -four the mers ming ont supplies au
svey. The exports east, via canal ironthe oper
ing of navigation TO the LIST instant, were as follows =:
Flour. Wheat
Isis .ae774 barrels. $500 bushels
ISa3.. ,...... .95076 do. b7,35l do