Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1845-11-29
THE ENGLISH GRAIN MARKET.

On this subject the Boston Daily Advertiser of
November 26th speaks as follows:
The which industrously circulated the
arrival of the Britannia from the European Times and other
publications. of the bad condition of the wheat CROP the per-
hng Of the potato crop, and the camor the opening
the English ports to the admission of grain and -four
nominal duty, by order in Council have given
advance in the prices of flour and grain this country
yond what the actual prices in the English market will Justify
We inclined express any confident opinion in
gard what the British Government may do in consequence
Of the clanor Of the Free Trade League and the dealers
and SPECTATORS for the free admission Of large quantity of
grain and aasr in band belonging tho iatias, but
principle which they be expected depart at
the present from the policy which has been adhered
to for years. in opening the ports this time the terms
proposed An advance the average price of domestic corn
will reduce the rate of duty. This viii the import Of
foreign the actual demand whatever il may be-
and prices essentially higher consumers than they
will be compelled pay should tho duty be abolished
altogether.
We do not therefore, suppose probable that American
wheat and -four viii be present admitted consumption in
England other terms than those of the sliding scale Of
duties presented by law. is therefore, unsafe for shippers
Of -four to England to rely the entire remission of the
duty, and to be extravaganza speculation for
operators this side of the Atlantic go far in advance of
those in England, who must be quite well possessed as
they Of the facts bearing the question On this point the
following views from mercantile correspondent appear to be
deserving of attention
BREAD-STUFF sPECULATIoNs.
The attention Of the writer has been called 10 statement
which appeared the Courier OF Monday last and on exam
nation, he finds the figures be correct ID will be well for
those who deal largely in breadstufs TO bear in mind that
there are two circles now moving England both Of which
actively alive TO the present position Of that country as IL
respects the article of food One the political circle which
bitterly opposed to the high duty on foreign
Hnnr Re- f..l
portion Of the people, with powerful leaders, win
magnify the probability of distress and starvation on account
Of the potato disease, short ganharvest &C. the utmost
The other circle comprises the dealers and spectators in
these articles and the movements Of this circle is of the
f,co, the safest guide as TO the real state of things.
The statement prepared by the author of the Courier Re-
ylewin case his calculations correct and which have
doub-shows the of the dealers and
spectators in beadsus in England by their actual opera
lions in the way Of buying and selling and among this
class there to be much less excitement the seat of
the anticipated distressing scarcity than among the same class
in country The consequence is that instead of
meeting the orders from England limited according to the
highest price current there at the last dates the holders of
flour and grain in the American markets have advanced prices
so high as to prevent shipments except very limited
SCALE and the buying and selling therefore, chiefly among
home spectators and dealers Should this plan OF check
shipments continue much longer and considerable por-
ton OF our immense surplus happen finally TO remain
hands, the effects will be sadly disastrous those who are
among the last to realize. We would say, therefore, look
rather to the actual operations of dealers Engandeven
OF SpecumiW dedtTs-tnan 10 the hue and cry OF En-
gsh politicians and highly excited spectators home The
crop Of wheat in ls43, according the Government es-
mates, 100, 0O0,0 900 bushels snd 4s4 O00 900
1884, wheat 95 000 000 and 400 000 The crop of
wheat this year said be 1875 OOO BUSH Suppose il to
be 5 0O0 000 and between the quantity OF and
year before Last years considerable and now
have in the wheat crop Of this year Of proba-
bly, &c, 900 900 bushels that Of last year. which is equal
to nearly 5000, 900 barrels Of -four
How shipments actually progressing may be seen by
reference 10 two of our largest markets. viz.
Bills. Flour.
From New Orleans to all foreign ports, from LIST Of
September TO the 18th instant ......... 1891
From New York from LIST September the 22d 42I
Beng only about 100, 900 barrels from these two
ports than shipped during the time last season.
and little than beginning of getting rid of
this years ecess and prices already nearly forty per
higher than the average of those Of last year.