The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-02-12
TWO CENTS.

Asia; he had proceeded to China vhers tSs Ar,sr,o.
van ~ b's nsd been instructed to place Of
OF sn intention the part OF the United Ststss 70 s
tbsir nowa nuence IN the China seas, and to extend
gspg OF Abyss'nisn Coolies g. charge of . ssrsog
Dsa arrived at singapore and left for Lahusn under
engagement to the Eastern Arch pea 70 Com panv 70
labor at their coal mines.
Ra;ah Brooke was still at s.ra-.k, but by late let
tes ron that place, 1t appears that he oonte
| trip to Labuan.
The Corn Trade or Europe.
From the London Mercantile Gazette, Jan 25l
Though the arrivals Of grain from abroad have within
the iast lew weeks been quite moderate and th proba
biites are that supplies moment Win reach "a
from the northern ports of Europe for another month
pey depressed state and the wheat
reoeded fully Is per quarter well the leading CON
cunning towns IS st the principal markets In the agri
cultural districts The continued decline in the value
Of agricultural produce must be attributed wholly to
free trade The belief that large import, viii tsks
place during the ensuing spring and summer
.mS,t unysrsay entertained and al partis, holding
occur. There is at the time, general willing
ness on the part Of the merchants millers dealers
to purchase more than required fer immediate ana
20 long ~ the supply exceeds the demand
prices must Inc vtably tend downward We have alrss
ey stated that the from abroad have lately been
small but the foreign grain In grsnary the various
ports has been more presengly offered than heretofore
whilst the deliveries from the growers have increased
materially since the commencement Of the year such
s the present state Of affairs and there is great
want Of confidence as to the future as scarcely TO
init 10 hope for any material improvement II any
rally ia to take place IL must OCCUR speedily for In
proportion as the Jesr advances, and spring draws
the prospects for higher prices diminish uuless
the stssen should prove unpropitions other un-
ioreseen events should arise to check the down
ward tendency. Hitherto the value Of wheat has
certainly been well supported abroad. and quota
lions high in the Baltic to hold out no in
ment to this country this does by any means
shtitfy Us that coDsignments to Great Britain will
foreign merchant have been 90 used to receive hisS
prices for their corn OF late years he recurrence Of
cheney Of the wheat harvest In is4s' hsvipS CON-
pel,d us TO import largely that they hardly be-
Ltvc in the possibility Of England being capable Of
doipg without . large supply Of forsign. They
will however find thst-wth average crop Of wheat
large yield Of spring corn, and only partial failure
in potatoes, such as was the case lsst season-our
markets viii not be able TO stand such arrivals ss
the surplus growth Of the rest Of the world viii
We are, therefore, clearly Of opinion that should
the sesGons prove aospicious, prices Of all kinds
they yet been The arrivals Of wheat coast wise
into London have been smsl during the week and the
quantity exhibited at Mark Lane By land carriage
pies from the home counties has been only moderate
On Monday the show from Esaex trlfipg, aud
though there slight increase In the Ksntish
supply. the entire quantity vss by large. The
nj leIr however exceedingly cautious In their
opeiatons that It was necessary TO submit to decline
per quarter before the stands could be cleared
This reduction has not since been recovered on
edpesday hardly ssle was made and some dfaouity
was espeii.rced this morning In placing the few lots
fresh up the terms previously current The tansae
tons in foreign wheat have been of little moment
purehsse quite cheap at home few have visited
MARKET spo local buyers having manifested ,gns Of
berg In want factors have reained from attem ptins
Iress sales the decline would probably have been
stsr than IL hss similar concession TO that sub
miiied 10 in Engsh vas readily complied with on
foreign Monday, witfost leading tn ueh business
ard since then the inquiry has rather fallen oa than
inproyed purchasers were, therefore, enabled TO do
quite as well to day In the beginning of the week
iour has moved OF very tsrdily since last, but
the nominal top price haa not varied Barley Of homo
growth has come spsringly 20 hand, and the srri-
yrs from abroad have not been By any means plenti
full the supply has nevertheless proved more than
equal to the demand and the turn has been In favor
Of the buyer, but prices were certainly not lover
this morning than ON Monday. The trihing bust
done In malt has been AZ smlat rates to those
previously current. With gradually dinnishing
ttceks Of cats In grsnary. and very short arrivals
of the article, the trade has remained In .
ifeless state, and sellers bsve found 10 quite I'm
possible to establish any im provement former
terms. Quotations about the sams on Monday IS
that day senDight and have tia,e varied; the
operations have been avery restricted scss through
out the week. Beans aud ptA.e have moved OF Ardiy,
and have barely nsntaiped their previous position
The inquiry for nusdpg carsoes OF Indian eSru has
continued. full prices have been demanded, ani, in
some Instances, se believe, paid