The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-26

a "a I'm a very unsatisfactory manner The quality OF
,ss bee the case fer soms past and the
ty will think fall short average; stili we see
10 expect high prices as there Is unqusson
Ably larger of old English wheat remaining In the
cou ntIy than this time of the year re-
gard to tie state Of the potato CROP macn
Of the appears have been checked
nd in many places where the late sorts have been
dug the tubers have II Is stated up better snsn
most putrid state Of the hsulm. The change which
public opinion has lately undergone ON this subject,
has unquestopably been more or less inhaenc oy
the state of the weather. but, dependenty Of the
cheering effect produced on the mind by so welcome
thai dry atmosphere might arrest the progress of
order which wet is believed to encourage All dis
position to speculate in breadstus has for the pre-
sent ii seems, ceased, and, though material reduc-
ton has taken place In prices. much difficulty has
been experienced in making sales At Mark Lane, on
Monday there was good show Of wheat by land car
rage samples from the home counties consisting most
ly of of inferior to moderately good qualities
Some time elapsed before factors could make ,s up
their minds to accept the terms the mlers
appeared disposed to give. Ultimately, however,
de cline Of fully Eve shillings per quarter was
acceded to, when moderate amount Of business was
DONE but Q considerable proportion Of the supply
remained undisposed Of On Wednesday the opera
tops were on restricted SCALE and portion Of the
reduction could be recovered This morning there
was certainly no improvement In the demand, out
prices were quite as high as in the beginning OF tne
week. The fall on foreign free wheat has not been
qaite great that Of home growth but purcha-
sers have acted with extreme caution, though they
per quarter below those current last week. Bonded
parcels, on the spot, have been offered at similar
and carsCs; to AZ sod chsn the
excitement at its height, At 62s per quarter coss
and freight has this week been freely offered at 45s
per quarter The top price OF flour has remained nom
naly unaltered. Barley was quoted g. per quarter
lower Monday than on that day and has
since moved of slowly at the reduction. The arrivals
Of oats coastwse and from Ireland have been scanty,
but continue from week to week to receive pen-
tful supplies from abroad scarcity of this grain has
haau nnnA NM fall frnV1
amounted to quite Is quarter but no further de-
cline has since been submitted to. Beans have given
may be estimated at IS. to 6s per quarter Indian
has been offered at reduced rates. but has within
wheat fell 70 g. per quarter yesterday and win pioba-
from the Mark Lane Express, Sept; A.
The thunder storm with which the neighborhood Of
the metropolis visited on Thursday evening, a2-
pears extended distance into the counry
but the rain having been succeeded by drying winds
and warm sunshine no great mischief is likely to
suit. Harvest operations have, however been tempo
rarily suspended by the wet in those localities over
which the storm passed but the whole the weather
has been favorable during the week From Monday to
Thurday hardly any rain appears to have fallen in
any part Of the kingdom, and considerable quantity
of corn consequently carried in teerably good
order In the south there is comparatively little
sumed a more settled aspect, trust that what is
still abroad may be got in without ustaining further
injury. The reports to the yield Of wheat are still
very various the quality OF large proportion OF TINS
years will unquestionably be Inferior and there
is reason to believe that the produce to the acre will
prove short Of an average whether the deficiency
viii, however be so great as to cause a high
range of Prices Fti question and If the month OF
September should prove toleraby propitious for Sc
curing the northern harvest reaction in the trade
would, in opinion, most likely take place Much
less has been said lately about spread of the potato
disease than was the case few weeks ago; whether
this arises from apathy the subject whether
digging the later sorts they found to turn up bet
ter than the appearance of the hnum had led parties
to expect is not easily determined; are induced to
hope the latter the growers not generally in the
habit OF observing silence when they have reason 10
speculative Investments Of gran which was becoming
somew hat prevalent has certainly received check this
week and the wheat trade has been much less excited
than for some time past
At some of the provincial markets held in the early
part Of the week enhanced terms demanded, but
these paid with great reluctance, and the ad
vance temporarily established was not long maintained
lower rates having been accepted towards the close
than would have bee taken in the CONNIE nceme MT Of
the week.
At Liverpool for instance holders of wheat and -four
fl Tuesday, but afterwards they manifested
anxiety to realize and on Friday the former arti-
clewas offered 4d to Cd per 20 lbs and the latter Is
per sack and barrel lower indian corn was aiso du
demand having fallen eff materially yellow was freely
offered at a reduction of Is. per $50 lbs.
At the other large consuming towns in the north,
tie trade has felt the influence Of the comparatively
fine weather with which have this week been favor
| ed and unless circumstances should occur to give
Use to renewed apprehension respecting the harges st
! in the backward. -1listricts wheat is Hkeiv e"
The advces from sc neray agree in stating
1
weather will not be very great if September should
prove fine month. Harvest work had, however, been
much retarded and several weeks must still eapse be-
fore the crops in the north can be placed out of dan
ger The potato disease appears to be less serious
scotland than with us, and If prices OF the article
should rise later in the year, should probably
ceive supplies from the north
The accounts from Ireland. though sufficiently bad
are Lot CT quite SO melancholy character this week
as before, and inclined to think that the extent
Of the potato failure has been somewhat exaggerated
as well on that this side of the channel Sup
WEI fIppty al N fha
irish markets and the demand Tor Indian had
nty fallen off 20 greatly as to affect its value
materially.
The arrivals Of wheat coastwse, into London, have
been moderate since our lest, 1882 quarters having
quantity brough. forward at Mark Lane by land car
rage sampes from the neighborng counties has not
on the Essex and Kent stands since Monday, beyond
the few lots then left unsold The millere, have
ever acted with extreme caution throughout the week.
wards.
On Wednesday scarcely bargain was closed factors
being then still unwilling to make the slightest
sion but On Friday rather more anxiety was mani
tested to realize, and in partial instances sales
made at prices which would not have been accepted in
the beginning the week That the inferoty of the
quality large proportion of the wheat Of this years
growth will have the effect Of causing extensive
e Of Old for mixing is certain and holders Of foreign
have consequently manifested particular anxiety
to press business but the other hand there has
been decided unwillingness on the part Of the mil
lers to add much to their stocks the have
been far from important Meanwhile, little is being
entered ,i for home consumption at present and the
compass which renders any material decline in prices
rather improbable The trifing sales made on Wed
nesday and Friday were at much the same rates IS
those previously current
The arrivals from abroad have not been large only
1888 quarters having been reported this week cons-
derabie supplies may be caculsted on later
month
The duty fell to 7s per quarter on Thursday and
will rccede another step almost directly but it has
come somewhat doubtful whether the very bad quality
Of much Of the English wheat may not keep the
ages too low to admit of the duty falling to the point
one time expected
Bonded wheat has certainly excited little attention
this week and evenhoating cargoes have met less
quiry than Of late; full prices nevertheless in
sisted on by sellers till Friday; but that occasion
considerably lower terms were In accepted
as well for parcels the spot cargoes to arrive
The recent rise in the value of -four has certainly
had the effect Of checking the demand, and the sale