Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1847-02-11

ing:
| On a repeuusai ofthe Eafaresn a.
we cannot help femnsk8e& tlssl w. As*s
( ~ known them 10 ccntam 81 N4uea
and striking maiieT. AeeaUAne M a.
don Times, distress y lfesad ~
10 increase since lss5. and ~ itiafs esfs
that il will be greater during DE pfe af ss
the following wear. ihan Il has bssn e aas
former year. The EcasQna O. ibs hs.sI - =
10 BE- well grounded.
The deficiency Of breads,uIs Va Fganre. naf
ticularly. appears 70 have bssn IN rgraf sases.
sure conceaied from the ptlbllc aae iise i4el =
now disclosed BY the large purchases llai have
been made by the French Government IN Sic
/ English market, while the restrictions have
been removed by which the same could h. 10
trodueed almost free Of duty into the poss u
/ France.
Thus it would seem thai while the British
\ Government have made large purchases q
Corn. IN America, 10 ieed the starving pepu-
lation in Ireland, the French Government have
been laying in supplies in British ports. 4
similar state of things has never existed before
in the history Of the three countries.
| Its well known that agents Of the French
Government some tune since made large puF-
chases of Oats in this market for the arluies in
desire not 10 take grain from France fer her
African possessions.
The introduction Of Indian Corn into Eu
rope has been NEST successful Il is not only
fayorite article Of food in Ireland, but in King
gland, Scotland and France By the late &C
counts it was selling for nearly or quite two
dollars per bushel. and II was bougti; up with
ayidity at that price, All the shipments that
have been made from this county has PAID
the shippers an enormous profit. We have
seen several accounts OF sales, which. after de-
Quoting every cost and charge, leli the shipper
a dollar and twenty cents . bushel, which. on
Corn shipped al sixty cents, left net profit Of
one hundred per cent We have very little
idea here of an article reaching such an enor
nous cost, as Corn at two dollars a bushel, or
about four cents a pound Our average price
even here is seldom over - cents, or a cent a
pound. and in the Western States is well sold
at half this sum.
From present appearances the demand for
Corn for six months 10 come must be very
great. Its fayorite food and is admitted il
TO England at nominal duty Of about three
cents bushel, a small sum compared with
Flour and other Grain.
The amount that England as well a. the
Continent Of Europe is TO pay TO this country
for Breadstufis, 10 say nothing CT the crop Of
Cotton. will be prodigious Every farmer and
every ship owner must be greatly benefited !;
and SO the suilerings Of Europe will throw a
degree Of wealth into this country altogether
unexpected.
An important question arises, however, snd
that is, what will be the effect of ali this On
the inonied concerns Of Europe and OF this
country That it viii tend 10 make money
scarce in Europe and abundant here, we think
there can hardly be doubt France, il will
be perceived, has already lost large amount Of
specie, and the draw continues to that extant
that the bank has been compelled 10 ask loan
Of the Bank Of England. The latter insttu-
ton has nearly seventy five millions Of dollars
in specie in her vaults. THIS is larger sum
than usual, and larger than is considered ben
efcial for the trade OF The word ten millions
of pounds, or iifly millions Of dollars. are said
to be more than sufficient for all practical and
commercial purposes. England cas. there
fore, spare twenty five millions without deran-
gug the monied concerns ofthe country.
The New York Courier Of Thursday has
the following:
The Paris Moaiieur publishes the returns Of
the prices of wheat IN the different markets Of
France, in December last. from which il ap,
for $3.50 at Toulouse, Gray, Lyons. and
Marseilles; 25f46 at Marans and Bordeaux
3ir76 at ST Laurent and LIE Grand Lemps
34f II at Mulhausen and Slrasburg PSF. %
at Bergues, Arras, Rove. Scissors, Paris, and
Rouen 26f. rs at Saunier and Nantes; 29f.-
So al Nets, Verdun, and Charlevii de; and 2sf.-
40 at ST. Lo. paimpol, Quimper, and Henne
bon.
The hecteli,re lacks abou, Al quarts OF three
bushels. The average price furnished BY these
eight quotations is 2Si francs for the hectoli-
to about t5.28 for three bushels less
Al quarts.
The price Of bread in Paris was increased,
on lst January, Zoo confines per kilosroa,nse,
In respect 10 the supplies that Europe ard
ASIA around the Black Sea can furnish, we
translate from the Consiantiaople Journal Of
10th November, the following remarks:
SAT the close Of Oeiober, France had receiv- |
ed in her ports more than two millions hseto- !
iies of foreign wheat. BY vessels on the /
way. or on the point Of departing from ports
10 the Black Sea and Of Turkey, .Nnseiiies /
would receive iE the course Of November, De |
,ember, and January. million hectoltres 4
more so much we believe 10 be now on the I
way The situation Of the producing mar /
1ets which we are about 10 mention, will show I
What there is to be counted on by France from
how ill next harvest.
cat Odessa there Isl deposit OF more than
million and a half or tcheitcerts, or about /
hree million hectoli.res. This deposit is daily /
by successive arrivals from the IN
erior Hence has already resulted decline
n prices arising from abundance Of supply, I
md insufficient tonnage TO carry II OF. The +
all in price continuing, we should not be sur
,rised 10 hear very soon that the deposi,e is
oubed
"fhe port Of .4sof and the provinces on the
Danube have large supplies Of gram but he
eyere weather will soon put stop to expor-
alton from Whereabouts, which can hardly I,
axe place again before NEXT March but they
nay still reach market tor consumption long
efore the next harvest.
turkey, with the exception OF single pro
Ince, had abundant haFvests this year. aad
an supply large quantity Of breadstuffs for
xporation. The arrivals Of whea: from the
l,erior, which had been retarded, are DOW IN
all activity, and a prodigious movementreigns
1 the Turkish ports Of the Black Sea such as
'arna, BaIclck, Bourgas, and the environs Of
lie capital, Rodostro, SIlyria. Heros, E.nos,
&C. Then again, the gulfof Salonica furnish
5 good deal Of hard wheat, maze, rye and
aTley.
''In this state ofthings Europe may be quite