The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-06-24

[1rom the London Mercantile Gazette, June7J
Another week Of uninterrupted.y dne weather 10
the rain which has fallen must be regarded favors
be) has wrought material ange for the better in
the appearance Of the country and though the crops
are not perhsps quite so far advanced usual at the
corresponding period of the year still the general as
pect OF the corn fields Is promising and with Auspt
clous we might have both an early and abuod-
ant harvest The improvement which has taken place
within the last few weeks In regard our future pros
poets has naturally influenced the minds OF holders
OF grain but hitherto prices have not receded much
they advanced during the cold ungenial weat in
April and May. and farmers very Unwilling 70
sell at lower than those at present
s this to be wondered at prices OF all kinds OF agr
cultural produce are considerably below the cost OF
production; Whether, however, existing rates would
be tsDg maintained IL everything should go auspt
ciously may well be questioned, for, not
all that has been said by the freerade oaraas 20
the impossiblity Of importing at such low prices,
continue, week after week to receive large supplies
from abroad The purchases Of wheat at Dantxic the
nrst three weeks In May, we're extensive and though
the less encouraging accounts from hence have since
had the effect OF checking business there still may
calculate rather important arrivals from thsnss,
which, with smaller quantities from other continental
ports will In the aggregate afford sufficient supply,
greatly 10 interfere with the sale Of home grown
wheat unless circumstances should occur calculated
to give rise to speculation The of foreign wheat
in granary keepers hands not very heavy, much
smsllsr proportion OF the arrivals being landed ina
porters account sincs the bondi system has been
abolished than formerly; but though sales now -
far practicable, sds from board ship the whole
of such large supplies have all along been
receiving have not gone i'm nediAtely into
sumption and eur impression 10 that the mil
lers, ueAlerb, ana bakers nOld numctout oyoe k0
to guard them against any Immediate want ana,
unless urged BY unfsvorsbls or doubtful wealth
sr, they are likely to conduct their operations
for q time with much caution. On ths other hAnd,
there IL evident determination. the part of in
porters not to press business; and growers
we have already stated, exceedingly reluctant
part with their wheat at the present very
neave rates. tho chances that the fuetaatons in
price. will for time, be comparatively unn portant-
At Msrklane, We have had another very quiet week
Owing TO the scanty character Of the supply Rnglsh
wheat on Monday, factors remained firm and though
Mat
purchase easier terms than that day 50 might
and but little remained updsposed Of the close ok
business On Wednesday the Essex and Kentsh stands
were completely bare and the attendance being at the
time very thin, the operations altogether
unimportant In which state OF Ansirs quotations re-
ernness manifested by sellers but We can notice
improvement either In the demand for the value
Of the article We had good arrivals OF wheat fro1
abroad towards the close OF last week aud since Be-
tudAy evening, 10000 qrs have come to hand Having
meanx hlc had very itis country inquiry the
tioie an the local demand having also slow ths
transac tons have been retail scale. Inportsrs
have, nevertheless refrsined fom forcing raiss and
prices were not quoted lower Monday than thst
day week Since then little has been done Ia the ar
ticie and have no alteration Ia quotssions TO re-
port Really fresh ground -four, whether of home or
foreign Manufacture has boen saleabr In small guam
titles throughout the week whilst the heat OF the
weather has rendered buyers tenacious OF taking
doubtful qualities and secondary sorts have tsndsd
dovnwArds In value. The fev trihins lots OF oyiish
mer terms The business done in foreign has not been
extensive, but good sweet griodng qualities could not
have been bought cheaper, either on Monday this
morning. than this day SET might. Malt has
manded fully ~ much money before The arrivals
of oats cosstwise have been perfectly and
the foreign supplies have not been liberal this vesh
PREVIOUSLY. The trade has therefore maintained
toieraby nrm chsraetr and though the dealers have
for the most part acted the prices have
been we'll supported good corn being quite dear
day as s the close Of last week Beans suffered fur
ther decline OF 1s per or Monday. aud hsvs siR,s
moved OF very tardly. The ssle for peas has like
wise been very sow and the turn has been In favor
the buyer. Floating esrgoes OF Indian have been
offered Is to % pcrqr lower than they last week,
without exciting attention.