The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-27

IL will that though the receipts OF English
wheat have been larger than in ls45 the falling off in
the foreign supply has so greatly reduced tho total az 70
show decrease OF upwards OF fifty per cent on tho
quarter. The materially diminished arrivals Of barley
from growers have, on the contrary been than
compensated for by large foreign supply whilst oats
crease 10 the arrivals Of English nour NAV be partly &C
counted Cor by the fact that large quantities Of this
tice have been brought market BY railways Of which
no notice is taken in the above return. The weather
has during the greater part OF the week been
and most Of the canals are again closed by Ice Since
present appearances we are inclined to think there will
be return Of frost At most Of the markets TO which
the supplies conveyed by land carriage the farmers
have delivered freely, but whore tbs OF transit Is
by water falling OF in the receipts has naturally fol
districts which have been the most supplied
prices of Wheat and indeed Of all kinds Of grain have
continued to advance and as yet we can discern
symptoms Of reaction in the trade.
We learn from Liverpool that very large arrivals Of
Amercsn produce naa oesn iee e mere Tins sup
check the upward movement; such, However has not
been the The continued demand from Ireland the
anxiety manifested by the local millers and dealers
repensh their stocks and the appearance of numerous
buyers from the interior, caused further enhancement
In quotations at that port On Tuesday wheat brought
81 per 70 lbs -four as to Is Cd per bbl Id I'd per
IS lbs and barley beans and peas per quarter
above the currency Of that day sennght Later in the
week further rise Of Id to I'd per 10 lbs was estsbsh
ed wheat and the other ars les also dearer on
Thursday than they had previously been.
It il needless parcularse the precise advance that
has taken place at the other leading provincial markets.
but taking the kingdom collectively the rise in wheat
weeks sos per Or has been made at several places for
peror qualities and at Uxbrdge, Thursday
paid for a small parcel. High prices are the
prospect Of further enhancement is far greater than
the chance of decline. Stocks have within the last
Which have taken place to Ireland Meanwhile the Irish
demand rather increases than otherwise From the
tnent present assistance be calculated on the
northern ports are closed by co and the wants Of
France great that she is likely absorb all that
there may be to spare in the Mediterranean OF the
has already come to hand and from the latest advices
received from the United States II would seem that
further shipments from thence of importance likely
be made till the spring. We a. loss therefore,
to conceive what can occur to stop the upward
ment
The arrivals of wheat coastwise into London have
been small during the week, less having come to hand
from Lincolnshire Cambridgeshirc and Norfolk than
having blocked some OF the watercourses by which
the supplies those parts brought to the ports of
shipment; and the weather has not much appear.
of giving way increased receipts scarcely at
present, be calculated on The quantity brought for
home counties has likewise been trivial; and the mar.
ket has, the whole been very indTsrently supplied
Meanwhile the desire to get into stock has decidedly
creased and factors have consequently, experienced
difficulty in obtaining advanced rates The few par
cells exhibited the Essex stands Wednesday were
speedily taken at prices Is per quarter above those
current in the beginning OF the week On Friday the
demand was again lively and the quantity on sale being
less th0n before, further OF Is per Or
established. In addition to rather active inquiry
for duty paid foreign wheat for local consumption
have had buyers at Mark Lane from various parts Of
the kingdom and the demand for Ireland having also
been great fair amount Of business has bsen done in
the article The advance in quotations Of foreign has,
therefore, kept pace with that English indeed
the lower descriptions of the former has been greater
than on the best qualities OF the latter. We stated in
lest that did not believe there more than
about $50 900 qrs free foreign wheat remaining gra
nary at this port we have since taken pains to
ascertain how far this estimate might be correct, and
find, investigation of the matter that had rather
than moderated the quantity. The late very
great rise in prices here has tended to render the
ton of the orders from France for bonded wheat nearly
IMPOSSIBLE
have been comparatively unimportant. The advance
has therefore, bad the ssutsry effect of stopping ship
ments but find that this will be only temporary,
the necessities Of our French neighbors appear to be
| greater than our own.
tionsry at COS per sack till Friday when Of the
principal mllers declined selling below Cos Holders Of
Norfolk and other ship marks also insisted advanced
Iates on Friday. American nour whether free or in
bond, held fully Is per barrel higher that day.
with an increased disposition TO invest
The supply Of barley has proved adequate to the
demand, and very high prices have been insisted
Now that the foreign supplies likely to cease, the
shortness Of the home beginning to tell and i'm
portant az the advance has been OF te much ques
ton whether prices have yet touc' the highest point
| The few lots sale Wednesday and Friday
eagerly taken at prices Is quarter above those
viousy currents ard the advance freely paid for
| the infer Tor as for the best sorts
Malt has recently risen In fully the proportion %
barley and beg In this place to offer apology for
an naccuracy which occurred in quotations OF this
article in our last number Though we then noticed the
advance by mistake the ice In the Visit Of quotations
was left unchanged which msy, we fear. have misled
some Of our readers Since then the finest Ware malt
mas realized s4s per quarter and othor sorts correspond
The arrivals OF oats have been moderate, the total
quantity reported up TO this Saturday evening" ipclud
ing qrs from abroad Of which quantity more than
Thnn.h I'm AmsIica having amounted to only lt1 ora