The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-08-20

grower and there consequently little indacsmsnt
10 sell those farmers whose perun will admit
of such proceedrg a.e likely hold back for better
terms As yet check has been given to the
"A movement, and further fall Of TO S. per
or has taken place a. most of the leading markets held
since our last
trade there excessively dull; and though sellers had
sndcavored n "a ,ili,ate business Try submitting to a re-
ducton of 81 per 20 lbs very few bargains had been
closed Later in the week the depression appears to
have rather increased than diminished; Friday no
market held. owing to the visit OF Prince Albert
but the business done privately at lower terms.
At the chief Yorkshire markets the deliveries from the
has been brought forward satisfy the demand and
buyers have had difficulty In purchasing at reduced
day amounted to at least % to IS per Or and
similar abatement acceded to at Hull on the same
day, without leading TO extensive transactions The
accounts from Wakefield, Of Fridays date equally
dull indeed the fall at the latter nearly az great
at either of the FIRST named markets
In the western and north western parts Of the king
dom prices have also declined wheat being quoted 2s
per quarter lower at Bristol, Birmingham, and neigh
boring towns, on Thursday than that day sennght.
From the principal shipping ports on the east coast
the reports excessively dull at some Of the Lin
colnshre markets good parcels of red have actually
been offered at 4Os per or without leading to important
Transactions feeling prevailing there elsewhere that
prices have not yet touched the lowest point The few
parcels OF wheat which have hitherto appeared
the diferent markets have commanded comparatively
high rates but the supplies increase prices Of old and
neg Ii ely to he equalized
For about fortnight pre- the 25th ult the wea.
Their rather unsettled in Scotand the rain ceased
very high the crops having been rapidly forwards
and northern neghbors likely therefore, not 20
10 much behind with harvest work. The prospect
of early harvest, together with the exceedingly de-
pressed tone OF the reports from the south had had
siderable influence on the trade and wheat was quoted
about IS per quarter lower both at Edinburgh and Gas
gov, "Wednesday.
In Ireland the weather to have taken up about
the time Scotland The reports of the Potato
crop from thence have given rise to uneasness
but whether matters really bad represented
be quesonrd that the disorder last year has mani
however,
nevertheless rather tended downwards than otherwise
at the principal Irish markets
The arrivals OF Wheat coastpise into London have
been decidedly small only 400 quarters having been
reported up to this Saturday evening The quantity
exhibited at Mark lane by land carriage samples from the
neighboripg counties Of Essex Kent and Suffolk sDce
last Monday has al.o becn traing Under these cir
cumstances needy buyers have been compelled to pay
nearly former terms for the small parcels they have
been obliged to take to satisfy pres sing wants. but there
Their fall and il is not difficult to foresee that very
small excess OF supply over demand would cause do
cline indeed, to place the few ordinary parcels left
Friday, after the best had been picked out it
was necessary to accept somewhat less money though
the abatement submitted TO was not OF sufficient import
ance to render alterations in quotations requisite
Several samples Of new were exhibited, of very good
quality and in excellent condition for small lot of
very fine white, grown in the neighborhood Of Grays
also Essex, not quite so bold but very dry-brought
54s per or The great fall which has occurred in
the value Of wheat the period when the
laws came into operation, has had material influence
the averages, the last weekly return for the king.
dom being only 49s Id; il is therefore, certain that
the duty will rise to Is per Or either on Thursday
ances there is strong probability that ere The close OF
the month"; the highest duty under the present scale
viz, los per Or will be pay able. The very low range
OF prices here, and the comparatively high value Of
Whea, abroad together with the prospect Os duty
must tend to check importaons at least for times but
later prices the continent will doubt not
accommodate to the state of things this
side. Whether this will previous the setting in
oil the winter may be questoned and u.s. therefore, quite
possible that until spring the foreign receipts may
comparatively rnmportant These considerations may
obtain somewhat better rates than they otherwise
could have reckoned aud hitherto they
have manifested less anxiety to press sales than might
nave been expected VI to the present time the finer
qualities of ioegn wheat have been held relatively high
er than Engih-a circumstance which may, in some
measure, account Tor the limited nature OF the transac
tons Country BUYERS have found advantage in com.
ing TO London 10 buy wheat having been enabled to
purchase quite easy of farmers in their
espectve neighborhoods. The business hitherto done
in foreign at Mark lane has. consequently been
paratvey retail scale The dis posal of the article has
since our last been extremel, difficult even the light
concession hich sellers have in cases shown q
Willingness to make having failed to tempt millers
TO take than requisite for immediate There is
very little wheat in bond at present. and it deemed
probable that orders may be received from France the
article has been held relatively higher under lock than
free.
The demand for Flour has been exceedingly slow
throughout the week; the nominal top price for town
made has remained unalterod but ship samples have
been offered lower rates United States Canadian
Flour has also suffered further depression in
value and whilst SO large quantity OF the latter presses
on the market no Improvement in the enquiry for that
oil home manufacture can be reasonably expected
The receipts OF Barley have been of the same retail
character weeks pas and with very little
passing in this grain former prices have been steadily
maintained. The supplies which have arrived from time
time from abroad have been mostly waehoused under
lock, there being chance of lower duty hereafter
than that now chargeable
The perations Malt have been of little import.
ance as scarcely to require remark. On the whole,
prices have rather tended downwards than otherwise
The total quantity OF Oats received has amounted
81 I65 qrs.. of which las qrs from coast
2,l50 qrs from Scotland, 1926 qrs from Ireland. and
20 GA qrs from abroad The moderate nature of the
arrival OF home-g grown Oats has, however been coun-
eracted by the large quantity free foreign still
the market. Really fine Corn, which has become com.
rativey scarce has been held with rather more firm
but for this the demand been restricted
whilst has been nearly impossible to make progress
the disposal OF the ordinary qualities at almost price
English Beans have come to hand sparingly and as
the opinion respecting the PROBABLE yield Of the crop
degree improved holders have consdera
BILE rmness No inclination to enter into speculative in
vestmens has, however, been shown and il has been
impossible to establish any advance last Mondays cur
rency.
The belief that peas will prove very defective crop
is generals still this article has been neglected
since last and the few parcels Of brought to
market since Monday, have been placed with diff
Guilty at the reduced terms Of that day.
COMPARATIVE PRicEs OF GRAM IN LONDON.
Weekly by the Imp Averages from the
Quarter, from the Ga ponding Gazette, in the
zene, Of Friday last July last year, Fridoy, August
81, 1916. l, lsl5
49,, o. a. s. a.