The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-05-08

arrivals Merchants and mllcrs have generally little
tim; si, abort OF the quantity required for Immediate
use rise would be almost sure to follow Durlng the
weak now about to terminate the deliveries nom our
own growers have been very small have the supplies
from abroad been by any means large ING usoe has,
therefore, assumed decidedly firm tone, ana prices
markets. That
taken place has, believe, been owing TO tne .a
large quantity OF American -four in wareho use AT soe
~ the leading maritime ports At the existing rates
(s7s to 3ss per barely for good BRANDS oa w ,ha
Canal United states non 1srs cannot afford to sell
lower rates than those current whilst wheat s
tans its present value they have peen opseu az r
the reserve. There has nevertheless las already i
markedly been degree of frmness about the trade in
dcave of rise in prices which nothing ous an ~"
crease in the supplies In opinion, counteree
At Liverpool, Tuesday there was gooa a..enu
Of distant buyers, and wheat brought iuiiy tne
at ss to s per bb indeed many de-
clined accepting the higher of these prices indian corn
for G nUS @
52s per 4s0 lbs prices not previously obtanabe Later
in the week the demand for -four and Indian corn was
scarcely active; but wheat was still In good request
From Yorkshire have also accounts OF revival IN
supplies appear rather have fallen off than increased
At Hull the quantity exhibited on Tuesday was very
checked. At Leeds the same day, an ad-
vance OF Is quarter pretty generally PAID put
the mers refused to take more than absolutely neces
sary for their immediate wants. The reports iron,
Wakefield Of similar character; indeed, wheat
rose % per quarter in that market on Friday
At Bristol, Birmingham, Gloucester, and other markets
in that part Of the country wheat has risen about Is
per quarters the advance having, however, been unwl
ngly paid the transactions have been restricted
scale ut the places named.
The supplies brought forward ut the shipping ports on
the east coast have not been more liberal tnan at the
hitherto occurred in the farmers markets. the tendency
has certainly inclined that way.
ries only wheat but Of all kinds of grain from the
growers, had been small which with the somewhat firm
great rmness to the trade At Glasgow holders had al
So informed raised their preensions though the
quantity of and flour in warehouse ut that port was
still considerable.
The Irish reports are usual of contradictory and
conflicting character bat in point most Of the let
from thence agree viz that the distress In the south
and west island has been but slightly mitigated
by the recent arrivals Of Indian corn &c. at Cork and
Limerick At these ports however, the stocks Of food
seem very arge 1t the prevailing opinion
that the demand from the interior would soon take OIL
the greater part prices had already in
recovered from the extreme depression OF the preceding
week.
= The arrivals of wheat coastwise into London have
amounted to 1865 quarters up to this Saturday
ing The quantity brought forward at Markane during
the week by land carriage samples from the neghborng
counties Of Essex Kent andSuolk has been trfing in
the extreme. On Wednesday there scarcely any
thing sale, except few runs of white left from
the previous market day In the first instance very lit
tie inclination shown to purchase but just before
the close clearance made at fully previous rates.
the purchases being 1t was said for shipment to France
and on Friday difficulty experienced in placing
the little offer at terms quite equal to those current
in the beginning of the week The quantity Of foreign
wheat held at this port been reduced into very
narrow compass as to render holders quite easy and
the advance in the rate interest made by Bank
Thursday not likely, therefore, to be much felt at
Mark-lane at present Neither on Wednesday nor Fri
day was the slightest anxiety manifested to press bust
indeed, sellers very generally insisted small
advance former rates and the trng nature Of the
operations may be attributed more to the high pre-
tentons Of holders than To the absence Of demand.
The transactions in tOwn-manufactured flour have
been of quite retail character the attention of buyers
having been directed to Amercan the latter being
paratvey cheaper at 36s 3ss barrel than former at
Co., to Cos sack On Friday there WERE however few
sellers Of good Western Canal disposed to accept ass
and wheat maintains Its position United States
flour must, we think, advance in value.
The receipts of English barley have been only mode
rate but with what previously hand and fresh
supply of 7544 quarters from abroad there has been
scarcity Of this grain The recent material decline in
its value has however, had Me effect of bringing for
ward few buyers and besides what has been taken
local consumption several cargocs have been purchased
to ship round to Wales where the article Is
to be exceedingly Should the inquiry from that
quarter continue might perhaps have rise in prces
but most of matsters having left of buying
not sanguine to any material advance As yet
ton of Mondays reduction has been recovered, pur
chasers having hitherto found it easy to supply them
selves at the rates then current.
The malt trade has likewise become rather more ac-
tive and the brewers have in partial instances consent
ed to pay trae Mondays quotations for choice
qualities.
The arrivals of oats from own coast have amount
ed to 9s quarters from Scotland to 27s quarters from
Ireland to 643 quarters and from abroad to 9045 quar-
ters giving total of only lO95O quarters for the week
The decrease in the foreign supply the belief that
the quantity passage from tho continental
ports is unmportant have induced the dealers to pur-
chase more extensively On Wednesday large amount
of business transacted and for really good corn Cd
to ls. per quarter previous rates obtained
later in the week the advance freely given and
comparatively few floating cargoes remained unsold
The dealers having got the bulk Of the stock in their
hands, very likely to raise their pretensons
and unless larger supplies reach than reckoned
upon, moderate rise may probably occur.
The receipts Of beans have been trilng since Monday
and the few brought forward have been taken of
at the terms then current.
Peas have met with little attention. and their value has
remained nominaly unaltered.
Indian has in consequence Of the reports from
Ireland (where the article appears in some degree to
have rallied the late depresson) been held to
3s quarter higher and several bargains have been
Several sailing vessels have arrived from New York
during the week. but the most recent dates thence
only few days later than those received per the steam
boat last week During the interval the -four market
had remained dull; but the stock the spot being
small and no supplies having come forward from the in
terror holders Of Western Canal had declined selling be-
low 81 per barrel Indian had been freely Offered
and large transactions had taken place in the art
about Sos Sd. per 4S0 H. in English money, free
board. including bags Freighs had rather given way
and still from U.s. to s. per barrel for Hour was then
asked.
From the Southern parts of Europe the reports have
In degree ceased to be Of interests for whilst prices
are much too high in that quarter to admit of
being made there British account with chance of
profitable result neither the other hand il there
margin to induce shipments to be made from hence 1t
place at the principal Mediterranean ports.
From Genoa we learn, under date of the 30th March.
that very important sales had been made there high
terms equal to 70s to 75s per quarter having been paid
for Polish Odessa, and from Cos up to 68s per quarter
for secondary descriptions Indian for delivery in
May and June, had brought about sis. Sd per quarter
| free on board.
At MarseiIles on the LIST of April there was but little
passing in wheat and the lower descriptions of Polish
Odessa had been offered at AFT equal to 6ss per quarter
free board without having met with much attention
Al most of the French markets in the interior. well
at Havre and other ports prices Of wheat and -four
had according to the most recent accounts again raj
lied At Havre, the 9th inst, there numerous
attendance of buyers from the interiors and besides
large business in wheat several thousand barrels of -four
taken ut prices equal, in English money, to 3ss to
39s per barrel.
The advces from the Baltic Of less animated
character indeed the tendency of prices appears to
have been downwards ut all the leading ports AT Daut
Sic the Sd of April good wheat might have been
bought at quarter and other sorts at proportion
ate terms
At Konngsberg scarcely transaction appears to have
taken place during the week ending tho Sd Of April
Tho was re- in dav