The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-06-03

se5,O61

The New York Commercial Advertiser, of Monday
afternoon in its article go out by the steamer for Eu
rope, says
There has been considerable activity in the market for
breadstus the departure of the Caledonia the 10th
Mayand that, too under rather different circumstances
from those which usually attend brskness in this line OF
business for has been rather the result OF the necessity Of
supplying wants, than the existence OF any demand
from ON abroad -,z.,.. .., :,
market the seaboardthe Gas it were) almost uni
versal want of stocks NOT only in those ports and inland
supplies, but also in the great receiving and milling depots
to which, under ordinary circumstances, look for no
unimportant portion OF receipts. The state
Of affairs is still in existence, though perhaps in modified
shipments from here and though there is still de-
mand from the south fill up vessels which loading Tor
poss sp though e - Ys a 9s Sa here DO not
show striking contrast at the date of the departure
The receipts by the Hudson river for the few days
been very argc-anounting, for the last week. to
about 10000 barrels of -four 600 OF corn and oooo OF
wheat The total receipts from the opening OF navigation
to Friday evening, summed up IN the shipping anu con-
nercia list 369s2s barrels of wheat flour, 3ol5l
bushels ofwheat and $50 81 bushels OF This differs
but slightly from estimate which have hereto @
made that of wheat and -four equivalent 10 about iyooSo
barrels OF the latter, would be IN the neighooho Vi Tue
amount OF receipts 10 the first of June.
BY comparison Oft this with that given at the
departure of the Caledonia appears that the aoun re-
ceved from them the sailing Of the Britannia was Zol
507 barrels of wheat -four 5i,3l bushels of wheat and
22 Il3 bushels of corn As little going into store
these aggregates will represent pretty nearly the amount
cIearedo the market, though NOT exactly the of he
Sales for the that material portion of these
supplies have gone toward the ulhment of here
ofore made in the sales for future delivery.
for the prospect future receipts, expect them
be much heavier for June than they were during May
far as -four is concerned and they VIII probably continue
acken, and many persons well informed in the statistics
Of the trade ana who have the best Opportunities, OF knoW
aggregate receipts of the ending the LIST OF September
1871, will not greatly if at all, exceed those of the
ponding twelve months of the previous year.
We look for the heavy receipts III june from the crcum
connected with the lake and canal navigation this
ruled high while the daily
threatening be closed by the ice last season. that every
body was anxious get their produce into the market be-
fore the navigation end The boats were run to
the very last moment; and hence much more than the usual
had m make snrno min 10 the west hofora ,bav
could take in their cargoes. The lakes also, open
time before canal navigation commenced aud all
the produce which was left the lake ports last
son. and had accumulated during the winter pour
ing into Buffalo under the spur of high prices in quanti-
ties only far beyond the facilities for immediate ship
ment but also severely taskng the capabilities of the deal
there find the proper accommodations storage
1t this of things that drove up the prices
freight the rate of 81 SO per barrel of flour
Buffalo Albany and of all other things in proper
ton. That dealers, however their way clear to
get oil this accumulation to its natural market, Judge
day last from the price above TO ST. Hence we come
the conclusion that, though month win be ne
cesary work off the stock and incoming receipts Buff
alo, after that shall have been accomplished the influx
will be comparatively small,
singular feature in the business this season, and
which we have glanced two previous articles is the
ve transactions which have taken place in lots
livery Ia few instances these sales may have been
mere specuatons ON the part OF persons who did
barrel of iour-bets, what would be
price certain day but the great bulk of them
bona fd6 TRANSACTIONS account of country holders who
had the stock hand and preferred sell for good price
certain waiting for better, which might might not
be realized in the future
They naturally anxious adopt this plan of
business from the of trade last when after
opening of navigation the market kept dropping till prices
finally settled down about STA decline Of 81 37b upon
the current the time the canal opened or the
season. They had surety that things mig take
similar this and rather than risk that, ode
their agents here sell their lots, deliverable certain dates
whenever they could do so at price aordng fair profit
Hence these have been healthy all parties
concerned, aordug fair profit to each the seller by
the advance the lower price at which he purchased
fall winter to the buyer, by the handsome margin be-
the agreed price advance, and which il
brought the spot and the broker by the amount of
the commission upon the business transacted.
One circumstance with these sales
preston OF upward tendency the prices Heretofore
sales OF this description have uniformly been below
the current value and month ago, lots the spot
would bring from 81 to 81 90 than those same
description deliverable the end OF thirty DAYS Now
flour its any thing brings higher price that
which is here, and know of sales be pereced by the
9th TO the 18th OF June at SS % and hear more is
wanted the This betokens contidence
in the stability of the market which worthy of being taken
consideration by those who wish arrive at an intel
ligen conclusion us to the prospects of the trade
Wheat is comparatively much than flour. We
have no white here, and but small supply of red. We
have conversed with many intelligent men, in the
trade during the Of the week. they were uni
omy of opinion that the stock throughout this State in
deed very small.
AS the prospects of coming CROP there is but little
additional to communicate. There many complaints
in newspaper paragraphs yet must acknowledge that
place little confidence their bn
the contrary have doubt that when the harvest shall
have been gathered the crop will prove be AN
average one
From the N. O. Delta, May &c III
LETT Col LOSE MARIA MATa We have ba5 tha