Baltimore commercial journal, and Lyford's price-current. [volume] (Baltimore, Md) 1840-1849, 1849-10-20
THE CORN TRADE OF EUROPE
Frnm the london MercantIIe Gnzetle, asth.

From the London Mercantile Gazette, 2Sth.
We continue to receive very favorable reports from
the north respecting the harvest, which is last
drawing to d close, even in the most backward dis
tricts. Nothing has transPired to lead US to alter
our opinion in reference to the general productive
ness OF the grain crops, and feel perfectly convlnc
ed that, both in quantity and quality, the result Of
the harvestis satisfactory The yield Of wheat may
perhaps in localities fall short of expectation
owing to the high estimate INDUCED in before reap
| ing commenced but this does not prove that
the produce Is deficient and we repeat what we have
several former occasions asserted viz that all the
information have been enabled to collect, serves
only to convince that the produce Of grain and
pulse exceeds that of good average There
is, however, one subject of uneasness, and which
may yet prove great drawback to the otherwise
favorable result of this years crops The disease by
which so large proportion OF the potatoes has been
destroyed each year since 1915 has again attacked
| that valuable root. The blight did not develop
itself early as in former seasons, and its
character appears to be less vruleut # is never
theless, to be feared that considerable loss will be
sustained, and that much misery may thereby be Oc-
casioned amongst the poorer classes in Ireland. The
digging of the late main crop of potatoes has only
Just been commenced and to what extent the tuberS
may he affected by the disease is not at present
known as yet they have turned up better than from
the blackened and almost rotten state OF the haulm
might have been expected. The wheat trade main
tanned decidedly firm character up to the close OF
last week; but since then sellers have manifested
more anxiety to realize whilst purchasers have IA
| Their contracted their operations. Not only has the
| upward movement in prices been checked, but the
tendency has been the other way, and at several of
the leading provincial markets held since Monday
! the value of wheat has given way Is. to Is. per
quarter. Should the destruction Of the potato crop
prove very extensive, it would of course influence
prices of all other articles of food; but it, we fully
expect, the blight should prove only partial quota
/ tons would probably suffer some further decline
/ N heat has been
last, and the tendency of prices has been down
wards
The arrivals coastwise have not been larger, nor
has much been brought toward by land carriage
samples from the home counties. On Monday the
show from Essex was decidedly small, and though
there was a fair quantity from Kent the total sup
ply only moderate. In the ear Y part of the day
the Milers bought pretty freely at previous prices
but after the best parcels had been selected, the
demand sackened and before the close of the market
a slight concession had in to be made It
! clear off the commoner description. On Wednesday
there scarcely any thing fresh up, and quotations
remained nomnally unaltered: and though there was
little increase in the supply this morning, the turf
was decidedly in favor of the buyer. Up to the close
of last week literally supplied with foreign
wheat, but since then the receipts have rather alleI
off The country inquiry has throughout the week
been of retail character and the town milles have
conducted their operations with great deal OF eau
ton. Importers have, however, refrained from
cured in prices. There was, perhaps, little NOR,
anxiety to effect sales from board ship to-day than
earlier in the week, which gave buyers slight ad
vantage, but the difference not of sufficient i'm
portance to warrant reduction in quotations
Flour moved off retail at late terms English bar
ley has hitherto come forward sparinglv, there wa
a slight increase in the quantity exhibited on Mon
day, but since then the rece pts have been very small
The maltsters have not manifested a disposition t
buy freely but the smallness OF the supply has en-
abed factors to obtain previous prices for the bes
sorts. Foreign barley was generally offered Cd. pc
quarter lower on Monday than on that day sennight
and sales have since proceeded slowly at the abate
mcnt.-The value of malt has remained nominal,
unatered. We have still abundance of foreign
oats on the market, though the arrivals have beer
on less extensive scale this week than previously
Really fine stout corn brought former terms on Mon
day. and was not obtainable at less money either or
Wednesday or this morning; but inferior and out o
conditioned sorts must be considered Cd. to Is. Pc
quarter lower than in the commencement of las
week. New English beans have come forward
freely and have in instances been forced off al
less money. Egyptian beans have realized fully
former rates. Peas have moved off tardily at late
terms. Indian corn has not excited much attention
but sellers have remained very firm