The New York herald., 1851-10-16

The Corn Trade OF Europe.
From the Mark Lane Express, Sept 80
Though the character of the weather has under
gone change since our last, and some quantity Of
rain has fallen, there has hot been sufficient wet to
| to interfere with harvest workin the north which
now remainiDg abroad, even in the most backward
Districts ia inconsderable, and the future range of
prices will therefore, not be aterialiy influenced
by the weather. The extent to which the potato
disease may hereafter develope itself may subse-
quently have some effect on the value Of corn but
for the present. quotations will be regulated by
supply and demaud
Latterly the deliveries Of wheat from the farmers
have been on a liberal scale, and though the mil
lers have been induced, by the superiority of the
qna;ity and dry condition Of the samples Of this
years growth, to purchase new wheat rather freely
the quantity offered has been more than adequate
to the inquiry, and prices have, consequently been
depressed to very low point, fair parcels Of
red having been sold in some of the markets
in the agricultural districts at 32s. to 3,s
ard fine qualities at 3,s. to .56s per or. The con-
sequence of this great decline may perhaps been
falling of IN the deliveries from the growers, and it
is not improbable that low prices and fne quality
may induce some speculative purchases; we are
therefore inclined to think that the value of the ar
tice has nearly touched tho low est point. Quota
tions now lower in this country than at any of
the continental ports, and purchases of
whe at have actually been made ct Hall this week
for shipment to Hamburg. We notice this matter,
as it is a novelty in the trade; but we do no: for
mag NJ tude to produce any influence on prices will
be experienced. TINS circumstance is, owever,
i'm portant, iuasmuch as it affords proof that no i'm.
Iorts from that quarter need at be aculated
on, and from present appearances it seems that the
shipments from the Baltic will not-at all for
tme-be large The relative position Of prices here
and in France will also, think, prevent supplies
reaching us from that country, and 1t would appear
therefore, that the arrivals Of foreign breadsturs
will be confined to what is On passage from the Me-
diterrapean and Black Sea- and to the shipments of
hI0h unoy sfI ha do knfo.
the fall of the year This being the state OF affairs
slight rally In prices is not improbable; but We arc
by no means sanguine of any material improve
ment Hitherto we are unable to discover any
symptoms of rise; the pressure to sell has not been
quite SO grea; within the last day or two at some
Of the markets on the east coast but in the western
parts of the Kingdom supplies have continued in ex-
cess of demand, and the downward movement has
not beer checked.
The shift of wind which has taken pla,e has
brought to hand good supplies Of -four from Anne
rica, and the arrivals OF tho article into Liverpool
exceeded 5000 barrels, from 23d to the 25th inst
This bad naturally more lass effect on the trade
in that market on Friday; still fine qualities of
| wheat were held pretty firmly, and the decline on
| flour amounted to only Sd to Sd per br
The accounts respecting the state Of the potato
! crop are becoming sorse from day to day, aud the
| prevailing opinion now is, that large proportion
will be lost. Less alarm is. however, fot on this
subject than would have been tho case if auy
doubt had been entertained respecting the harvest
but 1t being REGARDED az an ascertained fact that
turn, partial loss Of the potato crop is not re-
Rarded as calamity. The reports as ID the
extent OF the disease are still very conflicting, aniit
would De premature to venture on an estimate as
to what proportion may be saved sound The dis
order Is quito as prevalent in Scotland this year rs
| in the SOUTH and the advices from Ireland are
much less satisfactory than they were q week or
two ago. Meanwhile prices, not only Of potatoes,
but likewise those Of wheat, Indian corn, &c, con.
tinue to recede in the Scotch we'll as in the Irish
markets. aud there is no disposition to speculate on
he prospect Of higher prices in consequence Of the
The stocks of foreign grain and -four in the king
| dom must still, We think, be rather considerable,
and at present the consumption is not great is
generally the case at this period Of the year, the
excellent condition Of the new wheat bling it {,
he manufactured With less mix ture Of old than Is
| needed in usual seascBs
| We have, during tho last oight or ten days, had
very large arrivals Of wheat and Indian corn OF the
coast from ports east Of Gibraltar, ana the impor
| tatiops from abroad into the United Kingdom
during the month ending the 9th inst, amounted TO
| upwards of s69,0CO qrs. Of grain and pulse, a,d
G56, GOO cwts. Of meal and aour, Of whica Q large
portion must still remain unconsumed. On the
whole, We do not calculate on auy material change
IN the position Of prices Whilst farmers are en-
gagged on the land with autumn sowing. q small
Improvement may, perhaps, take place; bat II
such should occur 1t would, we think, prove only
| temporary
| The arrivals Of wheat coastwisc into tho port Of
London have not been so liberal ss last week, the
quantity reported up to this (Saturday) evening
having amounted to s,6:i'qrs. Means while very
little has been brought forward by land carriage
Cfers from the esst coast have not been % pen-
tful as before. We are anablc, however, TO notice
| the slightest Improvement in the demand, and
the trade has been decidedly dull On Wednesday
the tfausacions we're on quite . retail scsls, end
there was then some appearance Of a further de-
clire; but subsequently, sellers displayed more firm
| ness, and purchases could not be made on easier
terms 81 tho close than in Che beginning Of the
| week. Iinccinftire and Canbridgcshirs red whest
weighr ~ t2 &c 0Slts. per bushel, hss been freely
oaeTed Of laie At aSs. per qr. delivered here, aud
| general suns from kcnt. The London average for
| wheat lie now oniv i1s. IA and last Thursday's
| ger,fsl weekly return for The kingdom s7s Sd.
| rergr.
TIE receipts ofshew from abroad have been
| qui.o fidiog this week. and the quantity no on
| rssssgc from no Baltic Is supposed to be small
While comparatively little OF that expecte from the
| Ilsek Sea is likely 70 come round TO London
| Holders Of rsrrels the SPOT have nevertheless,
been .aber Gpxous 20 realize and inferior aualities
have IN some cases hoon ps rted with At lo~ rates
ltHi'y tae qualities have, nowevsr, been held with
nu,h hrnncss, ard were certainly not cheaper on
! Friday than co Monday. Very little disposition
! bas been shown 10 make speculative purchases of
free On beard careoes, snd though there have been
! O6efe On Moderate terms, comarstively few bar.
| gsirs have been closed. On Wednesday large
| cs,ao (abOut 3,U0 q's) Uclisb Ode ssa wheat ar
fNsd 81 TIC cosst. was bought for Antwerp, at 2gs.
ier qr cost freight, and Insurance, and sn,e then
! iNs eane price has boon paid by local buyers.
Tbese sTe tic lowest Gales tlet have yet
/ aIc TIC parties concerned must 10 heavy losers
| Gett ifesb floor, whether II home or foreign
n.ocu'9cluie, hes hcch IN fair request the top.
price cf toen made bas undergone no change. sni
4 the hneT kinds Of French aud American have sold
| quio ps veil ee before The arrivals from abroad
hsva col asttd this week cflCO sacks and 221 bb!s
tho former principally from Marselllcs, and the
latter i-om ports In Amorics Farley OF home
efortb has cesae Eparinglg Go hand, and from
abroad scafcey any supplies bsve rcsched us since
tho close cfiast week The nslts,ers and distIlers
have shown some disposition to purchase tho 6neY
Linds. sad al the Epgishbrou2ht forward has bAen a
Cleared CO at pricee quito equal 10 thosc previously
| osfelt. forssgn Barley has loving 10 ersdr e
reduction Ct the stocks Ia warehouse, ana the II;
THAI tho irntortatiocs from abroad sso Tkel-, t ~
| moj0stf) been held with incrcaspd Armr Asa 80
hesv7 grinding parcels coald scayceiy bs oaushs ~
chssp co r'dsy ss early 10 the week