The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-04-30

Of bu,ipss5
| ly unxtered United States -four met with moderate
share attention the relatively value of the article
forward few buyers. Good brands of Western canal
which had previously been freely offered at s6s were
not obainable below SIS bb unless the
should very large a further Improvement II not i'm
| probable-Mark Lane Express, .1pril6.
The Grain Markets.
| LONDON CoHN EXCHANGE, Monday, April 5-Durino
last week the arrivals Of all kinds Of grain as we'll ne
| flour of home produce, were very limited scale
while from ireland and Scotland, scsrcely anvthing
came to The imports of foreign wheat were good
viz upwards of 10000 quarters; while those of barley
exceed 5000; OF oats $1,000 quarters and -four "a oo
barrels all exclusive Of fair importation of beans
peas and Indian corn The receipts of English wheat
fresh up very small and the total supply Of that
articleon oferowipg to most Of last MONDAYS unsod
samples finding purchasers on Wednesday, was cop,pa-
rayey limited The best qualities Of both and white
commanded steady, but by means brisk INQUIRY.
at prices about equal to those obtained on this day
se'nnght In all other kinds only moderate amount
close of business nearly the whole of the Essex
been disposed of bat few of those from Kent and
COMMUNICATIVE remained on hand There was no bust
ncs in English wheat French account in
deed did not single foreign buyer in
rivals was larger than for some time past still however
the importers very firm and of them would not
sell except at tro more money We, therefore, call the
foreign wheat trade steady ut fully but nothing quota
bic beyond the rates obtained Monday last The sales
for the day amounted to about 1000 qs The quantity of
English barley show very small that of foreign
somewhat extensive The best qualities of grinding and
dsti ng moved off seadi fully last week quotations
but all other kinds a drug at barely late
rates. With matt but moderately supplied,
the trade with that article in very inactive
state at barely stationary prices The show of foreign
being large, and than adequate TO meet the
wants Of the buyers the trade very dull at decline
in value of from Cd to ls quarter at which depres
sion little progress made in sales The quantity
Of Beans In the market by means large; yet all
the kinds met slow inquiry at late rates Peas were
Corn that prices were almost nominal Flour dul-the
nominal value of the best town made being 62s per $50
lbs Very few speculative purchases made In Amer
lean
At this days market there very short supply of
English wheat which was taken OF at the currency Of
There better sale for foreign country buyers
fully late rates.
Indian is held 3s to As or. the depressed
sales of last week.
Barley malt beans, and peas dull and in limited re-
quest although offered at reduction Of Is to 2s per Or.
We are again literally supplied with foreign oats and,
being more than the present demand, must note u
further decline of Is to Is I'd since Monday last.
LIVERPOOL Com MAnKEr-Monday, April 5-The
reported arrivals of Grain and Flour Tuesday
very moderate, but the wind being favorable,
may expect most vessels In that close at hand.
The late reduction in prices has attracted buyers
from various quarters and rather extensive business
has been done in Wheat and Flour Besides good de-
mand for shipment coastwse tho interior millers
have taken largely Of barreed Flour at 37s Cd.
to 3ss. per 1876 lbs. for Western Canal which is
an improvement of Is per barrel within the week.
Wheat has also moved more freely but without amend
ment in price, indeed for both wheat and flour holders
have literally met the demand Several Irish orders and
reaction Tuesdays quotation of IS per quar-
ter; good American corn is now firmly held at 52s per
so lbs In the other articles of the trade very little has
been transacted and oats barley, beans and peas
main without alteration in value.
[From the Liverpool Times April 81
The condition Of the trade and commerce Of the
country during the first quarter Of the present year,
has been far from favorable and though the last arr
walls bring the gratifying news of very decided i'm
provement in tho American and Eastern markets. yet
fear that the progress of amelioraon will be slow,
until the result of the next harvest is ascertaincd.
Should 1t realise the hopes that justified In
founding on the great increase in tho quantity of wheat
and spring in this country the neness of
Spring the present. and the present appearance Of
the young wheat in many districts shall then obtain
effectual relief We are not indeed in the number Of
those who believe that one good harvest will give us
low prices and still less of those who believe that
shall low prices previous to that harvest but still
convinced that the high prices which farmers
have obtained for their last years grain, Joined to that
thorough frightening which they got during the great
they made before, and that they have already
produced great Improvement in English agriculture
the effects of which will be felt in the next harvest If
may Judge from what have ourselves seen during
late tour through Lancashire,' Cheshire, the West
Riding Of Yorkshire, Westmoreland, and Cumberland
should say there is this year great increase in the
extent of tage and draining and great improvements
in the mode of laying fields and of performing all
manner of farming operations The quantity Of land
with wheat appears to us to be greater than we
knew it to be before: there is sufficient plant in
the ground and presents every appearance OF health
Should this promise of increase in the home supply be
realised good harvest would give return of mode
rate though not of low prices
Until either obtain great increase OF home grown
grain entire change in the monetary SYSTEM the
pressure the country Is likely to be very seveS The
Bank Directors have Ii is true again raised the rate
of interest discounts it feared that they would
do but they have restricted their assistance to bill
brokers and the public as to produce precisely the
as II thew had Nor Il easy to see when or where
this to end Further supplies of foreign grain are alb
soutey necessary for the ssenance of the people and
as they only be obtained by further expectations Of
specie it that the pressure must continue What
may be the merits of the present monetary system
other respects and ut other times 1t is clear that just
now it is adding commercial ruin to want Of food
lit not for the severity with which the bank is
working the screw, there every to believe that
trade would At present be in satisfactory state There
is decided improvement in business both in the cotton
and woollen dstricte, arising FROM improved demand
| both foreign aud domestic.
During the last week trade has passed through
ordeal Early in the week panic prevailed in
the London market, which extended to most Of the
country markets; but Thursday and Saturday a
action took place in public opinion India has risen
again to about 52s having been down 46s. We un-
dersand that this excellent description food begin
ming to be consued extensively in the North Of England
| well as in Ireland.
-four from the interior have again begun to show them
selves in the Liverpool markets and to purchase Ameri
-four freely We from the last circular Of
Surge of Birmingham that the supply Of foreign wheat
at Gloucester at the present time is 1000 quarters
against coo quarters this time last year The sup
plies of wheat and aour in Liverpool the 3ls March
1886 In bond 2Sl3 quarters of wheat aud 439 21
barrels of flour; free (abou 10000 quarters of wheat
and 300 600 of flour The stock of wheat pre-
sent supposed TO be from 60 to 10000 quarters and
| that Of -four about zoe, 600 barrels
Tho Turkish government has prohibited the cxporta-
ton Of grain from several OF the principal ports of the
Turkish empire. The most important of these are
SMYRNA silistra and Salonca The first of these ports
generally shipped considerable quantity Of grain,
the produce of Anaoia the second is depot for the
Bulgarian grain, which is sent down the Danube to Ca
atz and the third is the port for the shipment OF the
| grain of Romselia.
II appears thai the Greek Chambersars also discussing
the question of prohibiting the expectation Of grain
| from that country.
The Journal des Debats contains what some Of our
contemporaries call aarmist article on the present
the future prospect of the supply Of food In
France The principal object Of it Is to show that this
years potato crop likely TO be very deficient owing to
the scarcity the of the seed and the
willingness of the farmers to risk another crop after
two years of failure. The Debats contends that the
certainty deficiency Of the supply of potatoes and
the entire uncertainty to the productiveness Of the
grain crops render it necessary to suspend the duties
the admission OF foreign grain for another yearthat Is
to say until September l5iS In support of this argu-
men the Debas states that the potato crop Is Of the
utmost Importance and that If 1t is lost substitute
h..fo in Ia