The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-11-10

The Corn Trade OF Europe.
TFrom the London Mercantile Gazette, Oct. q.
An immense quantity Of rain fell in the early part
oftbe week. BY which the land was rendered too vet
to sl,ow of poughipg being proceeded With We had
subsequently ne weather with drying winds, but 1t
has sipce again become vet The deliveries Of grain
om the have lately fallen of and the arrivals
from abroad have not been quite so liberal scale
this week previously the trade has consequently
Assumed somewbat trner tone. aud prices have not
bs,S,r sny r.e can at pre.ept take sscs
in the value Of bresdsfufe the quantity OF foreign
Wheat, &C, on the different markets being rather
large. We have yet official return Of what has
been entered for home consumption ut the foursh-
ling duty but there is conclude that all that
var IN bond has been liberated Whether, however,
impt will pay future arrivals from abroad,
may be doubled the time Is not very distant Fsb
]. ls49 wnen the existing corn Law ceases The
chances therefore that further addition will
be the available ttock Of wheat in the king
dom outing the next three months which will afford
| Of r.ai,srg on more favorable terms than they
could have expected IL the fresh Imports had las
what b. those at which Rrtusred parcels have been
held stu. we do not anticipate any rise of conse
Queu ce rates the same want Of confidence,
aud INV III DgDess to purchase more than absolutely
| n.c.,s,ry winch have been so marked . character
Isle Of TIE trade for months pat being still very
general The srIivsls Of wheat coastwise into London
/ have v.ry small which may. however. have been
psry caused by TIE boifterous weather ced
| Toe quantity brought forward at Mark Lane by land
oars bye ssnpt from the height oripg counties has
aso b. en- tr,fing On Monday, there was less wheat
,bii.d the Essex aud Ke Mt stands THAI any
1
vas in very bad COL d 'ion and Of inferior qusty,
which int. Ifered n good deal with the sale; and
Whit really good Dry parcels were easily placed at
prices fully equal to tbo,e current that day week
The gene nj runs hang very heavily on hand, though
| n,eiJ tG.red ct former rates On "Wednesday there
little or nothing irrsh up apa affairs remained in
| much the tsme position. This morning increased
tru p..s displsy.d by sellers and the finer sorts
| coud scarce y b. bought well earlier in the
week. Our market has been less librrally supplied
with toieigp what, but the release OF the bonded
pe,iour to h. re In The duty has caused tho display
81 plss 10 be large; and though the tone Of III.
bsoe has within The last fe days become somewhat
tTD"r are una bs 10 notice aoy i'm provemen ut on
III. gu tstiore uf la,t week The duty will probably
another tbiliDg per quarter on Thurs0sy next
Ire top yrce ,f hOur has been reduced to 49, pr
tstk tb,s week the town mlprs having fou nd IL ne
c.,tsiy make cobcpss' owing strong com
pitiop The arrivals OF barley have bee large,
aud 6Lr ma ting qualities having been irce. full
terms lave been obrsiprd for the best dsscrptioDs
7 D.. ecu mon hDds Of Epplbh aud all ,ors of foreign
harley. have s"ld slowly mt former rates Malt has
nsit tsip.s tbp recent nd vance Several cargoes of
r.y Irrh oats hsv- ms 30 hand hut the total sup.
nv ipcluoi, fo,igp bss been moderate. The deal
Or bsN. throughout IN. WEEK conducted their ops
rhti with but there has been no par
ucusr xj.y prcss buriprss and previous prices
have ts-D torishly we'll supported. New Lim-rick
hsv- h. sid in small qunDtit.s, at from 21 70
tos3s prquer'rr; tbe qHIiiy good but not 80 no.
p.ct-u. Beans AID pea have moved OIL very tar
ais about fofmer prices Tnerr has been some In
quity fr IDoiHn c,ro Irish account but at rstss
huosTe have been unwilling TO take; hence few bar
game have been closed.