The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-24
The Corn Trade or Europe.

tFIem the London Mercantile Gazette, Oct. IL
Having Tor some time pact experienced very favora
Bile weather ploughiug and other cut iabers
farmers have been busily engaged during this week
preparing the land for autumn sowing; hitherto how
ever the deliveries Of grain have not fallen of a.
GENTLY TO check the downward movement in prices
and further decline has taken place in the value Of
wheat at all this leading provincial markets held snce
last week. We are however inclined to think that
have touched the lowest point and should not be
surprised IL asmall rally to The last pub
lished weekly average price for wheat for the kingdom
Is fraction above S2s per quarter but this return
does not embrace the sales made since the late fall,
and the seual present scarcely exceed
dos TO II per quarter. In many parts II the
try farmers netting sos to SIS per quar-
ter for good wheat and In those districts where the
quality injured by the crops becoming laid In
early state Of their growth which was most extensively
the sleng the east coast wheat has lately boen
selling at Jos 10 35s per ar Abroad the harvest has
proved much favorable than in Great Britain both
in ied and quality and farmers are, therefore, in
position than last year in every point of view
BY the mott recent advices from the continent IL ap
pears tkat the continu dull hence had
had more lees effect and that prices had rather
given wsyat some OF the principal ports From the Bal
further purchases bad been made English account
ana inclined TO think that shall have arri-
walls from thence 40 long a. tn, navigation continues
free from ce Our Frepc letters tn at notwith
standing the want Of f-om this side
contidersble business had been done in wheat and
horr. for export TO Great Britain and there IL
doubt that large quantity of the latter Article Is at
present On passage from America, there appears no
Iesson to calculate any nmediate ialug OF in the
supplies from abroad The opinion above ventuTed on
viz that prices not likely 20 so lower taan at
that, during the time farmers are engaged in
ploughng and sowing the home will be scsny
as 10 render fresh threshsd Engish wheat. COMPARE
lively valuable, instead Of being, as at present
relatively lower than foreign The arrivals OF wheat
cosstvse into London hsve not been go large they
last We, k, and The quantity brought forward at
Msrk-ane By land carriage samples from the homo
couutiss has alec been smaller. Business has never
th,lsss been exceedingly Gull with the turn decidedly
In favor Of the purchaser. On Monday no progress
could be sde la sales til factors consented TO take
prices is. 20 -. per quarter lover than those
rent that day senLighti and even at that abate-
ment clearance could nos be effected q considerable
proportion OF the Kent supply remaining GA hand at
the close Part Of this placed Wednesday, and
the remainder this morning without any further change
occurring in quotations We had very liberal arrivals
Ct wheat abroad during last week hut since then
they have been mods rate, which may, perhaps be
counted for by the tosteroas weather Experienced on
kundsr End Mopdey. The demand FOR foreign wheat
has NJ ne period Of the week been ~ ell active
aud though in orters have re!rantd from pressing
sales reduction Of Is per quarter has taken place
This decline generally submitted 20 on Mon
7 day end has not since been recovered The tep
price Of tsEn manufactured -four hag remained
nominally uBaltsred; country marks and secondary
description al fore have m some cases been parted
With nj an abatem,nt OF L. per sa:k and barrel the
prices 81 Monday week English barley has come TO
hand sher apariBgy, and Of the litte brought for
mating duality The beet sorts have congeq uently
commanded fully much money as before, but ordi-
nary kinds about ls per quarter cheaper on Mon
day than that day sell might, and were quite as
easy buy to- day in the b. ginning OF the week
The value 81 malt has rather tended upwards. We
tad nsoa large display Of oats on Monday (ths sur
Mus OF the previous weeks receipte the trade
thitfcrs heavy aa1 black Grisb. Of which large
portion Of the supply consisted, we're about Sd per
quarter cheaper ON Wednesday there vas little do
iBC. but 20. day there was slightly improved demand
ana the downward movement Vas checked Peas
have slsred IA value siuce our last, nor has any
quctable change occurred la maple peas, but white
boilers and hog peas have given way about Il. per
qusrttr Nothing Of Interest has this week transpired
IN Boating cArgoes OF wheat OF Indian corn