The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-05-10
Price Two Cents.
The Corn Trade ofEurouc.

y. p
Though the sowing Of spring corn has now bean .or.
time finished, and farmers have for the moment COM
still the deliveries Of grain from the growers have not In
creased indeed the contrary has been the case verv
markets In the agricultural districts held during the
week We can, therefore come to no other conclusion
ducers are already reduced into o as
to render them Indifferent about selling present;
favorable opportunity which the existing state Of the
trade affords for realizing to pass they really were
spring advanced the discovery would be that the
crop of 1916 had been freely drawn upon during the
winter as to put out OF the power OF the farmers 70
they had previously done and we now feel more con-
vinced than ever that the quantity Of wheat in the
period of the year Independent Of what has been
taken at different times for shipment to Ireland,
has been almost unprecedentedy large scale It
is true that We have had liberal importation from
America and elsewhere but with this assistance
accumulation has taken place Liberal have been the
supplies from tho since harvest till within this
red the Wheat has Immediately taken to the mills
been ground and has gone into consumption Not only
has this been the regard the home supply but
Of the immense quantity of foreign had in granary
last autumn not onetenth left and thcre is conse
quenty every expect that every bushc likely
to reach from America the Black ports &C. wifi
be required The shortness Of the supplies from the
farmers is already beginning tell the trade; and
though there speculative purchases the
receipts have fallen short Of the demand this week and
prices have risen well In the agricultural districts
At Liverpool the advance has been considerable
America On Tuesday that market very numerous
y attended by buyers from different quarters and the
Titles Of Wheat rose 3D. and inferior kinds 3D. to Id per
7Obs the week holders declined selling except
again quoted ad higher making total rise OF ID to
l0d per 70lbs As to U.s. American Flour was
likewise in very lively request on tho latter occasion at
At Hull and Leeds, on Tuesday, the quantity of
wheat brought forward was very small and though the
cfadou tha
per or. higher than that day week at each Of the
places named From Wakefield we learn tn. that sonsldsra-
had paid Is to So. per ar more for good qualities Of
wheat without the slishtest hesitation
The reports from Bristol, Birmingham, and other
large markets in that quarter also advise us Of ad
vancng prices and at the leading shipping ports
the east good qualities Of red wheat have this
week realized us, to 7ss Or free on board The
advance has been almost wholly by pur-
made by the nMlers for immediate and the
French demand speculation has had little nothing
to with It, The tghtness prevailing in the money
market, has rendered all parties unwilling to make
| large investments; and so long the crop the
ground continues be favorably spoken Of merchants
prices The cold weather lately experienced has given
rise to little apprehension to the future but
happy to say, that We have heard Of
plants beyond the backwsrdness of the season
The Scotch and Irish markets have been less
influenced by the advces from hence and prices Of all
kinds of grain have again begun tend upwards a.
well in the north at the leading markets the other
We have again to report short arrival Of English
wheat into London the quantity received coastwise up
to this Saturday evening having amounted to Ouly
1929 qrs, The show at Mark Lane by land-carrisge
samples from the neighbourng counties has likewise
been trhing in the extrems, indeed We may say that
| scarcely single parcel has appeared either the
Essex Kent stands since Monday beyond a few lots
then left These were sold early on Wednesday
for shipment to France ut prices Is TO Is Or above
those realized in the beginning Of the week On Friday
tho want of supplies prevented extensive Transaction
but good qualities eagerly sought after well by
millers by continental buyers and, in the
absence anything Immediately available the spot
TO be shipped from the east coast freely
taken at further enhancement much 7es per Or
having paid for Lincolnshire The stock Of foreign
wheat this port having been reduced extremely
compass holders have raised their pretensons
nearly to keep with the rise which has taken
place the value of English. The latter has however,
had decided preference indeed the sale Of foreign has
any period Of the week been particularly brisk but
If sellers had been somewhat reasonabea consider
able Of business would probably have been
| Town made Flour has, notwithstanding the decided
rise In the value Of the material been rather dim
disposal and former rates have been exceed
Ship Hour has been held Is per sack higher and in
United States the have been unimpor-
tant, advance Of Is to Is per barrel In addition
to the purchases made of this article by the mern and
(principaly, believe for France) should this go
much longer, already reduced stocks would
become exhausted.
The market has sparingy supplied with English
Barley but the arrivals from abroad being rather large
the rally which has recently taken place has ncvsrthe
been fully supported and the trade has assumed
healthy tone. Fine mating qualities, which week or
ago almost wholly neglected have been in good
request this week the cold weather having probably in
uccd OF the maltsers to working longer than
they originally intended secondary descriptions of
ment coastwisc and rather large quantity has been
taken OF the market
very much depressed, has lately been good dea
sought after and though the article has been quoted
higher prices have been realized this which could
not have been obtained when the pressure the
| ket at his height.
from coast the total quantity Of English
ceived this week having amounted to only 202 qrs.
The arrivals from Scotland and Ireland have not been
much LIBERAL but from the continental ports
80 las qrs have to hand Had IL for the
with Thu the tendency Ss
been upwards. On Wednesday there much
doing, but Friday the sales rather extensive,
| and Mondays rates were In many cases exceeded Cd
| per qr. -
come somewhat scarce, and the few brought forward
| have been taken of at quite previous terms
Peas have also come to hand sparngy, and have main
| tanned their former value with considerable firmness
Indian Corn has been In improved request. several
parcels having been bought for shipment to Madeira,
and or two cargoes on Irish account. The prices
paid have varied according quality but on the whole
consider that the has been In favor Of the seller
By the letters received this week from many Of thu
northern countries OF Europe appears that the stocks
Of grain had become far reduced to lead to appre
| hension to the future. From Hamburger learn
buyers Of rye had attended that market from the
interior and that purchases had been made at rates
corresponding with per or. or saac barley there
was none remaining every quarter having been bought
to send up the Elbe The stocks OF wheat were also
count were despatched, hardly any would, II calcu
lated, remain hand. From the more distant Baltic
the acos s' .u W" the ,ns,
tiles the little wheat remaining hand at Dansig, Ko-
nissberg &C. consisting almost wholly Of inferior quail
tiles
| The accounts from the south Of Europe Of much
the character before and wheat sti relative
Iy dearer in the Mediterranean than in this country
considerable proportion Of whatever supplies the Black
Sea ports may hereafter be able to afford s, therefore,
likely to remain ut places east OF Gibraltar letter
from Naples states that buyers from Marsees had pur
chased Baretta wheat Mt that port deliverable in August
next at price equal to Sos per Or free board but
the want Of supplies had prevented anything Of conse
quence being done for immediate delivery.
In France the scarcity Of grain becomes more apparent
from day to day and there be doubt that that
country will have TO import much larger quantity than
she has yet been enabled to At Paris, on Wed
nesay the price Of flour advanced about "a Cd per sack
and wheat was also quoted considerably higher
HIlsce ilapeOus.
/ I.nuts Fort