The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-02

fane in the in mediate vicinity Of the metropolis than
in the country and in some localities the earting Of
Friday night by . single shower, whilst in London
have not been hours without
have but slowly and that by far too much
vet has fallen to allow to calculate on anything like
The reports the yield of wheat to the acre are
likewise we are sorry to say becoming unfAvor-
able from day to day this Is particularly the
regards Essex and Kent, and of the western
and south western counties. In the east and north
both quantity and quality better spoken Of but
taking the kingdom collectively the produce of wheat
is not likely to exceed average even the weather
should become aud remain favorable until the whole
Of the crops shall have been secured whilst each days
rain must now detract from the quality If 1t does not
The accounts which reach us in reference to the
potato crop ngly conflicting but that those
of an unfsvorabe nature predominant Ia certain;
indeed, some Of our correspondents who have, until
lately maintained that the loss likely to result
from the disease would prove comparatively triiug,
begin TO express fears on the subject That great
apprehension s entertained by the growers relative
to that portion Of the crop, apparently sound,
keeping is evident from the anxiety they suifest to
markets been supplied with this article in many
parts OF the country to material decrease in
the consumption Of other kinds Of food, particu
larry bread and this is likely to continue to be the
case so long the price Of potatoes remains low aud
the quality as good as hitherto; for strange to say
Notwithstanding all u talk about the disease, the
potatoes as yet brought forward have, the whole
been better than fol years past good deal is
said about the wasteful in which potatoes are
at present being consumed. Those apparently az
fected certainly being used for feeding pigs poul
try, &c and the sound ones are in some districts
being sold at less than 3lbs a penny this, how
ever, do not regard evil in naona point of
view. 1t may, doubt. hereafter cause scarcity of
this root but MEANWHILE stocks Of not being
he'd fast they otherwise might be. and in
stead Of trusting for future supply Of food to perish
able article like the potato. shall have better
serve of that which will not be injured by keeping
AS regards the probable range Of prices of wheat we
are inclined to think there will be great huctua
ton during the remainder of the year, unless the
weather should unfortunately prove of character to
likely to yield quite an average but the stocks still
held by farmers are not unmportant; at the same
time we may calculate on conside rable mportatons
which circumstance together with those above
ferred and the decreased demand for bread lowing
the present abundance and cheapnees Of poatoes)
Will tend to check any advance, If the weather be
only moderately propitious for finishing the harvest.
The trade has throughout the week, remained in a
quiet state; and at most of the leading provincial
markets, prices have rather given way advanced
AS yet, comparatively tile new wheat has been
not led to very favorable opinion to the quality
By our letters from Scatland it appears that the po
tato disease had begun to manifest itself in that
try; and notwithstanding the somewhat dull tone Of
the advices from the South wheat held rather
enhanced rates on Wednesday, both at Edinburgh
The advces from Ireland the subject Of potatoes
decidedly upfsvcrable and the wheat crop
Oats on the other hand well spoken Of At Cork,
Limerick, &c, potatoes hav lately been selling I'd
corn had been wholly neglected, and the value of that
article, meal, sc had suffered material decline at
the leading consuming towns.
The arrivals Of wheat coastwise have amounted to
-024 qrs. during the week ending this Saturday
evening, which is certainly not large supply; and
the quantity brought forward by land-carrage sam
pies from the home counties has been decidedly small
On Wednesday the show consisted OF few
from Essex the Kent and Suffolk ands being nearly
bare. The morning being comparatively fac, the
millers acted cautiously, and the trade not
active; factors nevertheless dema nd ed n
HANGED terms and in partial instances Mondays
rency was slightly exceeded. At the commencement
OF Fridays market there was some appearance of
rhn hnotn hana Ann AID
the sales effected were on much tina same terms
those previously paid.
liberal and, all that be got together at those
ports about to be again bockad.d by the Danish feet
will probably be imme dstey despatched to this
try the chances are that for some weeks to the
arrivals will be large but should the bet the
Germans and Danes continue, it would most likely
interfere with supplies hereafter Holders of foreign
wheat appear TO calculate on this contingency and
have displayed great frmness late Nearly all that
has recently arrived has been Tor is about to be)
landed under lock and though the demand for free
has not been great no addition is being made to
the stocks they are gradually being reduced. On
Wednesday, as well Friday fine qualities
held at fully previous prices but the transactions
have throughout the week been on a retail scale.
Though there is prospect Of the duty falling below
SIS or at present further decline is koned
with confidence and bondedlwheat has been held at
rates within 6s to Re per or of those at which similar
qualities of free have been selling Some extent of
business has been done in free board cargoes and
terms have been paid relatively higher than the pre-
sent value Of the article would appear to warrant
which may be regarded as an indication that the
probable future range of prices is not quite in &C
cordance with our
The top quotation Of town manufactured -four has |
remained stationary nor has any change requiring |
notice occurred in the price of American.
Barley Of home growth has come forwari very spa
rngly and, though the arrivals from abroad have
amounted to $50 this grain has not receded in
value indeed an impression seems to prevail that
prices likely TO rally little, and purchases to
extent have been made during the week at the full
rency Of Monday last The duty is now IS per Or,
having risen a step Thursday which has no
doubt, assisted give confidence to holders of |
free.
The operations in Malta have not been of much i'm.
portance and, though the turn has been rather
CURED in prices.
own coast only 1850 qrs, from Scotland BAT Qrs and
from abroad 20 ls2 qrs having been reported whilst
from Ireland we have been almost without supplies
Factors have en- eavored to establish small advance,
which has had the effect of checking business as the
dealers refused to higher rates than
those current Oh Monday. Under these circumstan-
ces the sales have been quite pure
having confined their operations to narrow limits
their immediate wants have admitted The little bust
nets cone on Wednesday at precisely similar
prices to those mt in the beginning Of the week
but on Friday trife money was in some cases |
Scarcely any Ensi,h beans have appeared at market
since our last, full terms have been insisted on
fRypuans have also been held very firmly and have
met with moderate share Of attention.
Monday has w sSns pas
Maple have not been much request but have brought
quite as high rates a. previously
The fall which has lately taken place in the value OF
Indian Liverpool iu consequence of the large
supply has affected the sale OF the article here, and
very few bargains have been eosed during the week
though sellers would have made some concession if |
sales thereby could have been conciated
The latest accounts from the Baltic do not speak |
quite so favoraby Of the probable result of the
IN that quarter Us previously received advices.
Towards the close Of the past and in the beginning
Of the present month. good deal Of rain appears
have fallen on the continent which with the generally
firm tone OF the reports from Great Britain. had, II
appears induced holders OF wheat at most Of the prn
ciInl ports, to raise their prete nsons.
Our DaDzig letters OF the 5th instant. Rather a
large amount of business had been done there zU0sst
Of wheat having changed hands during the week |
Vessels becoming and freights had rather
advanced The stocks in granary not large, and
the supplies down the Vttnls had fallen short of ex-
pectAten. The weather had for some days been very