The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-06-21
The Corn Trade of Europe.

tFrom the London Mercantile Gazette Junes1
Though the arrivals Of grain from abroad have been
more oderate scale during the last week or two
than previously, and the deliveries from grow
have been very small the continuance of favorable
weather for the growing crops has had its usual iuu
and the corn trade has remained in a dull and
feess state During the next two three months the
range OF prices may be expected to uctuate in accord
with the alterations which may take place from
time to tmen the prospects for the harvest though
disposed to think that the stocks Of home
grain of all kinds much smaller than is usually tho
ut the corresponding period of the year do
anticipate any improvement in the value of agricultu
raj produce, if nothing should take place of cha
racter to lead to apprehension in regard to the
crops on the ground. Up to the present time the
reports from all parts of the kingdom agree in descrb
ing the appearance OF the country promising future
abundance but the satisfaction which this is Gale
lated to impart is much essened by the conviction
rendering it difficult for farmers to realize
profit, however abundant may be the yield of their
crops We do not wish to quarrel with low prices Of
food when the consequence of plentiful home pro-
duce but when the result Of iuc foreign
the effect is invariably injurious the commerce and
prosperity of the kingdom The from the north
Of Europe is Of pacific charact this week and
there appears to be some chance of peace being
stored between the Germans and Danes; but whether
the blockade be raised not do apprehend any
want Of foreign supplies between this and harvest and
certainly fear the effect likely to be produced on prices
by subsequent large mportations At Mark lane the
operations have been unimportant this week local
chasers having acted the reserve and the country
demand having fallen off The arrivals of home grown
grain have meanwhile been very small The show Of
wheat Monday by land carriage samples from Essex
and Kent was trihing and from remote counties
there was scarcely any fresh up Really fine qualities
being wanted realised former terms but the noner
kinds hardly sold so well that day week On
Wednesday little or nothing done and prices re-
ned nominally unatered, and the few lots
~ morning were quite neglected, buyers directing
their attention to foreign, which was offered re-
lativey lower. The arrivals from abroad up to last
night amounted to only 1850 quarters, but the
quantity still afoat at this port he surplus Of pre-
vious suppies) and the granared stock have afforded
an abundant display Of samples. The best qualities
have been held pretty firmly at former rates. but more
anxiety has been manifested effect sales Of
and Inferior descriptions The latter were on Monday
offered Is per quarter lower, and again rather
easier to buy this morning The nominal top price of
town manufactured flour has remained stationary; this
however affords no guide regards the value of
hold or secondary sorts Of foreign to make progress
the disposal Of either of which, has been to
accept lower terms English barley has very spar
ingly to hand, and the receipts of this grain from
abroad have been moderate In mailing qualities little
nothing has been done, and prices have become al
most nominal Grinding samples have been parted
with at somewhat lower rates, but the decline has not
been so decided to render alteration in quotations
necessary. The sale difficult to-day than
earlier In the week Oats likewise very difficult
OF disposal this morning, particularly the ordinary
kinds large proportion OF the plentiful supplies late
ly received from abroad having consisted Of light and
inferior qualities Danish Swedish. and Dutch feed
oats were about Is quarter cheaper than on this
day se'nnight, but prime Scotch can hardly he
bought lower. Beans and pease excited little atten-
ton and the turn was in favor Of the The
irish demand for Indian has rather still
high iates continued to be asked for floating cargoe