The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-07-31
Increase on the quarter

Total income 5oo5sOo3 5lOso,iOs 2GI5,s7l l,esi5
Deduct decrease. i'oiioao
Increase the year on..... lOOi.o26
The Corn Trade OF Europe
From the Mark Lane Express, July 81
The weather experienced since last scarcely
be described favorable; the last few days in partcu
lar have been dull and cold and the temperature at
night has fallen very low for the time of year Vegeta
ton has consequently been somewhat retarded but
happy say the reports respecting the
highly satisfactory The suspicious character of the
accounts all parts of the kingdom this subject
improved the advices relative to the potato
plant the continued large arrivals Of corn -four and
meal at the leading maritime ports have counteracted
the effect which might otherwise have produced by
the smaness of the supplies from the growers and
from any rally having occurred increased degree
the stocks held by the mlers and dealers all par
ties have shown far more anxiety to dispose Of what
they have still hand than to mike fresh purchases,
and importers Of foreign have been under the necessity
of landing for want of buyers This state Of things
may probably last week two longer and during that
mine how long prices may be depressed is scarcely pos
sble, this will in great measure depend on the wea-
low the present insctivits is certain. N''
The reduction in the value Of wheat since our last has
been considerable at most Of the leading markets.
much lower than that day week. the decline on wheat
to Is Sd per 70 lbs. -four % cd per bbl and
spring Of every description obtainable at
portionaby reduced terms. Later in the week FUR
Their took place; which the
Tuesday and Friday On the latter occasion the very
best brands of United States were offered at 36s
per Dbl and fair qualities of Indian corn at 4os to 42s
The fall at the other large consuming towns in the
north has also been but not to the as
Liverpool which may however be readily accounted
for the magnitude of the foreign arrivals at that port
In the agricultural districts more frmness has been
displayed than might have have been expected the
dull advces from the chief markets of consumption hay
ing, in consequence of the smaness Of the home sup
plies had less effect than might otherwise have been pro-
BY the accounts from Scotland, it appears that the
weather had the WHOLE been favorable and the crops
are represented promising In regard to potatoes
the reports quite conflicting those from the
little yet known the subject. At Edinburgh, Gas
and most of the other large markets. prices of grain
have given way materially during the no tsn IN
the reserve.
From Ireland the reports of very gratifying char
acter the potato disease would 1t thought prove
much less serious than ut first apprehended and as
for the grain crops they were appears going on as
consequently falling in all parts of the island
The arrivals of English wheat into London do not in
during the week ending this Saturday evening The
quantity brought forward at Mark Lane by landcar-
samples from the neghboring counties has been
exhibited the Essex Kent, Suffolk stands beyond
that left from Monday. Unimportant, however,
have proved than sufficient satisfy the demand
the milers having apparently determined not to buy
bushel more than needed for immediate use On We'd
nesday scarcely transaction took place, quotations
were consequently nominal and though further
reduction
this concession failed to mpart any activity to the Ia
qury We have again to report very liberal arrival Of
wheat from abroad viz 6S546 qrs making the receipts
Of the past fortnight at this port l27 22 To dis
pose Of any thing like this quantity from board ship
in the existing position Of the trade has been quite i'm
possible and large proportion has already been taken
to granary, with view of awaiting favorable OPP
portunity to realize The local. we'll the dis
buyers have kept aloof much their necessities
have permitted but all parties Working out of
stock large demand may be expected prices
reduced to point deemed safe by purchasers The
bt,s hona adp adavy of n
racter and to succeed in eecting sales rates Is to
and in 4s ar below those Of Monday
had to be taken. On Friday the market was more nu-
merously attended but the inquiry not much more
lively, and purchases might have been made still
easier terms than the preceding day.
facure has been exceedingly difficult throughout the
week and though the nominal top price Of the former
remained unchanged all other have been of.
fered at less money This iaG been particularly the
and even the very best been offered % to s
per Dbl lower 35 to 36s Dbl being extreme rates
| Frdsy.
The arrivals of Englsh barley have been the
limited scale before but the receipts from abroad have
been rather liberal This grain appears not to be want
ed and has certainly with little or no at
.ution this week In the absence of business prices
have remained nominaliy unatered but lower terms
would willingly have been taken II sales could thereby
What we have just stated about barley will also ap-
ply to malt, in which nothing of the slightest interest
has transpired since our last
Whilst only $50 quarters of oats have been received
coastwise and none from Ireland, the arrival of 53lss
scarcity being felt. That the large dealers have work
ed very nearly Of stock ia anticipation of the Rus
sian supply cannot be questioned but they still
reserve being DESTROYS of further reduction ere
they enter to investments Under these circumstances
the market has been unable to stand so large supply
and Riga oats, which quoted 2Ss per quarter
Monday have since been sold at 26s per quarter and
other sorts at corresponding prices.
The late arrivals Of beans from Alexandria, end the
low rates at which these have been offered compared
with asked for English have naturally inter-
fered with tbs disposal of latter Of which hardly
LA hasb beer M n bean laye
also moved of slowly though obtainable at a3s to 3s
per or.
cepts the value of the article has tended downward
Further Important supplies Of Indian corn have reach
cd and there being at the moment demand, 1t Is
impossible to give accurate quotations Some OF the
cargoes have to hand In such wretohed condition
to be only ut for feeding pigs.
The late dull advices from hence have naturally had
very depressing effect on prices of all the
continent but according to the most recent accounts
wheat was still relatively higher rs well in the Nediter
ranean the Baltic than In this country letter
Marsees of the 26th ofJune informs that that
market had been well attended by buyers from the in
terror, which, with important shipments to Great Bril-
tain and Belgium had enabled sellers to clear of con-
siderable portion Of the supply The latter had how
ever large to render any rally in prices
possible and the tendency was then still downwards
Further arrivals from the Black and Azof were
daily expected.
From Palermo we learn under date of 2lst ult that
harvest operations had been commenced in that neigh
borhood. and that there every reason to expect
good yield both in point Of quality and quantity There
was little grain being shipped in consequence of the
scarcity OF vessels
Az the Lower Baltic ports very little business appears
TO awe done holders having generally asked higher
tsrms than buyers have beer disposed to pay At Dam
zQ the operations to have been rather Important
and letter dated the 26th Of June informs that
about 900 Of wheat had been sold the previous day.
Consisting of fine mixed Upper Polish weighing 81 lbs
per BUSH at 75s; high mixed Casmir, so lbs, 7ss; and
good mixed Lower Polish 81 los 2s per quarter free on
board During the week not less than 100 lasts had
changed hands Vessels had been chartered for London
sd 3D. and for Newcastle at 3s I'd per Or for
wheat.
At ststtin hardly bargain appears to have been