The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-08-28
E


dian corr was, on the other nsna offered at lower
terms ewing to large arrivals and falling OF in the
Irish demand Later in the the inquiry wheat
ct the rates Of the previous market day Indian corn
neglected, and easier TO buy; and flour also
cheaper At Of the other large consum-
ing in the north the value Of wheat has risen
about per particularly at those held in the
ment appears to have prevailed. The accounts from
Bristol Birmingham, aud other markets in that direc-
tion of less animated character, the weather hav
ing the whee been hat more favorable there
than to the east and north of London.
From Scotland the reports far from satisfactory
the temperature having been low, and the crops
generally stated to be backward in that part Of the
kingdom; glad to learn, however, that the po-
Lctb dated Wednesday, stating positively that in the
Lothans Fife and Ross, The crops were to all appear
ances, sound. The advance in the value Of wheat in
the Southern markets, together with the nsetted
weather, had nevertheless caused some excitement,
and both at Edinburgh and Glasgow enhanced rates
paid for wheat and oats on Wednesday.
The advices from Ireland vary materially as to the
state of the potatoes in that country but the whole
the disease seems to be less general there than with
Meanwhile large supplies of the article be-
ing brought forward which had interfered with the
sale Of grain Of all kinds but particularly with
that of Indian corn, the value of which had conse-
quently receded at the leading markets.
The arrivals of wheat coastwise into London, have
been tolerably good during the week. 1894 quarters
having been reported up to this Saturday evening"
The greater part of this supply sold by land
riage samples Monday, and the quantity since
brought forward from Essex and Kent having been
small the show at Mark lane has been but moderate.
On Wednesday there was scarcely anything beyond
what was left from the previous market day but
the morning proving fine, less disposition shown
to purchase than in the beginning Of the week, and
some difficulty was experienced in realizing the adj
vanced rates of Monday. The heavy showers which
fell subsequently caused factors to display additional
irmness Friday and though the millers were again
cautious in their operations, the turn was rather
against the buyer
The supplies of Wheat from abroad have not been
large Of late during the week about to close a.
232 received at this port principally from the
Baltic Importers are not paying duty on the fresh
arrivals and the stock of free Wheat daily becoming
diminished. Having had hut few country buyers at
market and our ewn millers having purchased spar
been extensive holders have nevertheless displayed
great rmnefs and the finer kinds have been placed in
retail at prices relatively higher than those at which
ales of English have been made. There not much
doing in bonded Wheat on Wednesday, but since then
the inclination to speculate has increased and good
many bargains have been closed at prices not more
than Is. to 7s per or. below those which similar
qualities of free might have been bought howin that
a material reduction in the duty is looked upon
nearly certainty. good deal Of business has also
been done within the last few days in floating cargoes
Polish Odessa to arrive has comma ded 4Os to AS
bac red 4os up TO 5os per Or, cost and freight for
| fine Rostock.
The duty at present o. but is likely to recede to
os next week. and to much lower point later in the
| year.
r., The top quotation of flour has not var-
ed as yet; but unless reaction occurs in prices Of
wheat, the mlers will have to advance the former
tice next week Ship -four has been generally held
for rather more money, and barrels certainly
dearer at the close than in the beginning week
Barley OF home growth has come spari ngly to hand,
nor nave the arrivals OF this grain from abroad
any means large factors have consequently demanded
fun terms and though the inquiry has not been par
ticuary active, the turn has been in favor of tho
seller Moderately good qualities Of foreign have
allied 25s to Eos and the best sorts 26s per Or
duty paid In low qualities, such as Egyptian, &c,
little nothing has been done, and prices have re-
manned nominaly unatered Malt has excited a
moderate share of attention. and the business trans
oats have been quite moderate only 20 800 qrs ncu-
sive Of II 093 qrs from abroad having been received
this week On Wednesday factors were not disposed
| former the fnp andf he.
dealers refusing to pay any advance the operations
were unimportant. On Friday the demand i'm owed,
and the best qualities realized Cd per or than in
| the beginning of the week
Beans have met with very little attention but the
quantity of English the market being triug, full
terms have been insisted on Alexandrian bean have
been offered freely at former rates. without meeting
with many buyers The increasingly unfavorable re-
port respecting potatoes have again given impetus
to the demand for and the article has commanded
rather over Mondays currency The recent rise in
fail off, and very few bargains have been closed this
week.
Most of our letters from the Baltic allude to the
certainty of hostilities being Immediately recon-
menced between the Danes and Prussians. This
the first step Of the Danish government would it was
expected, be to blockade the Baltic ports.
AT Danzig toerabe extent of business appears,
however, TO nave been done and though the supplies
down the Vistula had been large prices had rather
advanced than receded Altogether about 10000 qrs.
were then quoted 43s. to AS good from 3Ss to 42s
and inferior from 36s. to 37s per or. free board
tne East coast ana TO Liver.
pool is. per Or
From Stettin we have advices dated s1st uit which
inform us that the weather had cont nued me- and
that harvest had been pretty generally commenced,
under favorable circumstances. Owing, however, to
the rise in the British market holders Of wheat had
raised their pretensons 62 lbs Pomeranian having
been held at 40s to Ais 81 lbs qualities at 38s to
Ses per Or free on board Stocks short and the
httie grain remaining was in hands Of parties we'll
able to hold.
AT Hamburg, on Tuesday, some slight reaction oc-
CURED in the wheat trade, the demand which had,
during the previous week, been brisk having rather
fallen on and the best 62 to 62z lbs upland had been
sold at 43s Sd free board being fall of Is to
2s per Or on the currency Of that day week The
her had all along been favorable for the crops and
was then hot and forcing
Inc Rotterdam market on Tuesday brisk for
wheat and prices advanced rs to IS per Or
BY the most recent accounts from the southern
parts OF Europe would appear the result Of the
harvest mad rather disappointed the growers still is
not improta Bile that some quantity wheat may reach
US later in the year from France, and perhaps also
from Mediterranean ports.
At Leghorn, the 28th July Polish Odessa wheat
was obtainabe at equal to 36s sd and at Ancona ON
the 18TH at 3ss 10d per Or free board Indian corn
was quoted EOS at the latter and 25s Cd at the former
place.
Our continental advces which have come to hand
this morning do not feature of very great
Importance. Reports from Tagaurog state that the
Grain market there had advanced 20 per cent owing
70 the fears Of the people respecting late
ableharvest At Dantzc the prices for most descrip-
tions OF gran &C. rather easier whilst at Bres
lau holders were very firm In their operations.
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