Sunbury American and Shamokin journal. [volume] (Sunbury, Northumberland Co., Pa.) 1840-1848, 1845-08-23
The Price of Grain.

The prices here VIII depend almost wholly up
on the success or failure OF the English harvest
Should the unlavorablc weather continue for
few weeks, there must necessarily be great
failure and consequently great distress. To
the English government and people, the failure
of a crop is most caamitous. a few years since,
when the crops had failed, nearly 60 millions of
dollars in specie were withdrawn from the Bank
of England for the purchase Of supplies. The
Bank was Obliged TO effect loan in Paris TO
meet the demands upon her vaults For the in
formation Of our readers we will here state that
quarter is equal TO eight bushels and that
the actual value of an English shilling is about
80 cts, which would make the price of wheat at .
the ports of the Baltic, from whence the English (
are chiefly supplied, range from 80 to llj cts .
per hushe -
"1'nE CRops-The ell, mcn,s continue 10 be /
an obi ct of serious apprehension, and fears
for the safety of the harvest are daily on the
increase. The weather continues broken, the
temperature is low, there is little sunshine, and
the absence OF warmth is supplied by occasional
fills of ran which in some districts have done
serious, but not irrepareble iniary othe growing
crops. Up to the present moment the amount
Of injury, taken in the aggregate has not been
heavy, and with the return of fine weather
the produce OF the fields would speedily ripen,
and the result would equal, perhaps exceed.
the yield Of any recent year. The danger is
as to the future. The harvest under any cir.
cumstances, must be late, and late harvest is
al In he ttnp thp pi
grain in the country is daily dwindling away,
and calculations are being made that there i,
not actually more than iortnght's consump
ton in hand
A bad harvest would be n national cal unity,
at the present time so fearful tina, we turn frcm
its contemplation with feelings akin to horror,
and nothing but the goodness of an all wise
Providence can save It's from the impending
evil The rulnous effects ofa bad harvest, in
the present position of the country, are incal.
culable We write the evening of the
fourth of August The we a,her yesterday was
cold aud sQualy. During the night the rain
4, fell in heavy torrents TO dav the sun has
5 been chary of his presence, and the advance Of
D each day renders matters more critical.
Warmth and sunshine appear TO have taken
A their departure. and in no instance hrs the pro.
0 verbal fckeness of our climate been more
apparent.
: The weather has already began to influence
, the Corn market. In London the rise has been
u considerable, and the quotations indicate not SC
i much the business done the fears which pre-
{ vail. In the Liverpool market. on Friday anG
Saturday. prices improved considerably, and Tho
d murket closed firm at a advance on the previ
. ous quotations. The same influence has an,
will be experienced in the other great Corr
markets Of the Kingdom. There are proies
:. sional croakers busy in giving the most gloom,
,r picture of present appearances, aud the rogue
r. IN gra n are proverbia for having lille sympa
p. thy with the rest OF the world Spectator
to are now beginning TO count the odds agalns
Up the wea:her,-how successfully short tim
=, will show The character of Ihr weather. du
t. rng the next fortnight, viii decide HE fortune
at of thousands, and nvoI &c the fate OF parties an
y o. Cabinets.
" A. thls is the subjec, of the week, we hav
bestowed the utmost care in presenting our Ca
- madam and United States readers with con
prehensive and correct return of the prnclpi
us Corn markets in Crest Britain. 1t will be see
he from these ample Details that the upward pric
e' of Grain during the last month has been stead
1T and uniform. and that the article is dearer no
w nv lbs. To lis. per quarter than it was at II
corresponding periud in July. At liverp't
- on the las, market day. Foreign Flour improve
from - to 3s per barrel. and Wheat upwar
of 81 per 10 lbs As large supply will
:; looked for from North America where tic r
n, cent accounts represent the new crops as ben
4, prolific, the subject is of the last importance
m. our commercial readers, and 10 it we dire
their attention Even with fine weather, il
SUI believed so low are the stocks, that the reCe
1T, advance will be maintained ard, if the woI
ri apprehensons rpalized, Wheat, in less than
we month from this time, may at S0S. or even "
i,h per quarter Iffependence is 10 be placed in /,
accounts from the Baltic ports the produce
Sc Wheat in the districts where il is most eXie
ac' sively grown is likely to be very deficient
by Danzg good deal Of speculation has been :
'@e ing on, and prices equal to i2s. per quartz
INC free on board, have it is said, been paid. /
SUPPLIES received from the interior, down the Y
tua, 3is. to BIS. have been real zed At r.
took and the lower Baltic ports 3iS, per quart
the free on board, have been given, and even
nail these rates only limited quantity could be hi