Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1845-10-23

Much will of course, depend upon ,hs
time when the frost sets 10 and, II the
/. weather IS favorable, there is hste doubt
that handsome fortunes will be made by
those who have speculated largely 10
"hread sgutis." Whatever quanties may
come from the United States, will also
, find a ready sale, either IN this country
or on the Continent. The recent accounts
from the Union, represent the season as
having been favorable for the grain crops.
An opportunity now exists, which rarely
! occurs, Of sending produce Of that descrip-
ton to Europe, with the certainty Of find.
ing a ready and rising market. Ii is
, deeply TO be regretted that, instead OF an
, uncertain and unstable traffic, the noture
OF our corn laws prevents The demand
from being regular and uniform. But
such a desideratum is on the eve of &C.
complshment.
The Neapohtan tariff is considered
somewhat Of boon TO commerce. The
trade OF The United States, il is said, will
suffer by the new regulations, as the sup
ply Of colonial produce was almost IN.
lireiy thrown into Their hands, on account
OF the bountes gwen by the Government
! 10 their own flag on all imporlations from
transatlantic ports, and the abortion OF
these bounties will divert the trsilic into
other channels. Such, at least, is the
current rumor.
The reports received from the northern
parts OF the kingdom speak in a very des.
pondlng tone Of the probable effects Of
The extremely wet and bulsterous wealth
er experienced during the week on that
portion Of the crops still outstanding. -
That injury to an extent difficult 10 be
remeded at This advanced period OF the
} year has been done, is greatly to be iear-
ed aud, unless we have an immediate
return OF dry weather, the consequence
may be serious. Even f the northern
harvest had been got IN well, the yield Of
Wheat could scarcely have been expect.
ed 10 prove an average; and, under ex.
Istng circumstances, the deficiency in
quality, + not in quantity, is likely 20 be
: much greater than was previously calcu-
ated on.
Notwithstanding the fine weather ex-
perienced three consecutive weeks, there
, IS still a greet qoontity Of gram abroad
south Of the river Humber; whilst .uf.
Their north much is yet uncut. OF the
total produce If the United Kingdom
probably two,t thirds may have been say.
ed, but il is needless to remark, that the
/ manner in which the other third NAV be
) secured must greatly Influence the whole.
: Our previous estimates of the probable
result OF the harvest have therefore, we
} fear, been too favorable; and we now
apprehend that, besides the already ad.
mitted deficiency in Wheat and Potatoes,
the crops Of Barley and Oats, as well as
! those OF Beans aud Peas, may prove in
leror to what we were induced to hope.
As thrashng is proceeded with, The
, complaints Of the yield of Wheat ceriain-
: ly increases; nor do the accounts of the
; quality improve. The loss in weight
, alone is a serious consideration suppos-
ing the same to be 3 lbs. per busbeI on
the entire quantity grown--which is q
moderate computation land taking the
whole produce OF Wheat of the United
! Kingdom, in an average year, al 10000
900 qrs., the item alone would make a
difference of million of quarters.
These considerations have had some
influence with holders OF Wheat; and
the disposition to sell at present prIces
has much diminished. Those parties
: who have still stocks of old naturally
f conclude that the superiority Of last year S
growth over that of the new will cause
It to command ready sale at any peri
cd and, though fair supplies Of new
have been brought forward by the grow
ers, they have refused to sell except at
f enhanced rates. The increasingly un(a-
vorable reports relative 20 the ootatoe
crop have also had their weight and the
trade has assumed decidedly firm tone.
J Whether any immediate advance of
importance will occur in the value Of
, Wheat will probably depend, in great
measure, on the weather; but, however
ausplcious the latter may become we
feel iolerably sure that the price OF bread
sufis must, later in the year, rise mate
rally.
Not only is the crop short in this coun-
try, but the harvest has been detective
over the greater part of continental Eu-
rope. In Holland and Belgium the fact
is so well ascertared that the Govern
r ment of the former country has deemed
i prudent to reduce the duties on GralL,
to The minimum point; whilst oil resiric-
tons on the import oil Corn, into Belgium,
have been removed for a given period.
Already, numerous orders have been
! received from Rotterdam, Antwerp, &c;
and the moderate stocks of bonded corn
are likely 10 be shortly reduced into a
very narrow compass, il rot exhausted,
by shipments to counties from whence,
in ordinary years. we are in the habit of
drawing some portion of our foreign sup
plies. 10 tho Baltic ports, Great Britain
must expect to be .outbld by the Dutch
and Bolgians; and in the Black Sea,
wheat has lately been bought up TO sup
ply Italy, where the crops are stated TO
have yielded indifierenty.
1t seems therefore, that unless prices
advnnra materially in this country we