The New York herald., 1851-07-17
The Europ.sp Corn Trade.

rTrcm the London Mercantile GaZrtte July j. Il. ". j
ShOwtrs have fallen In different parts OF the kingdom
thh week which have proved very bsneicial TO the
spring pulse and potato crops and have certainly
done no harm 10 wheat The rcpo- from tie agrcul-
tursi districts altogether of very etisiacory cha
and thus far the prospects for the next harvest
decidedly promising This has naturally had an In
huenco th, q the grain trade, and decline of
L. 20 = rtr quarter la taken place at all the leading
provir cia markets in the value Il wheat The dispos
tion to enter into speculative Investments has entirely
subsd,d and purcha for consumption have confined
their operations 90 limits Oh r pressing
wants have permitted the supplies though not pafticu
larry heavy have Therefore proved m0re than adequate
To- the demand. and stocks have rather accumulated
Many parties are hossver, ,tl Inclined TO expect
higher prices previous TO harvest and predict scarcity
Of good WHEAT In this opinion are by no means dis
posed 20 agree advance may perhaps occur but not
without the weather should become unpropious. and
causc well grounded fears for the outstanding crops.
There be doubt that owing TO the rise which took
place in June purchases 10 some extent were made on
the continent on British account In anticipation Of
further advance; aud all that has been bought will be
at once shipped fer this country We may, Therefore
othtrvse have ceived ard, the deliveries from
own growers likely TO increase after haymakng shall
have tccn completed SPECTATORS scarcely hope to
derive much benefit from the investments they have
recently entered into unless something unforeseen turns
up create alarm In respect the probable result Of the
harvests The accounts from France Holland and
parts rmany speak of disease in the wheat plant and
predict avery deficient ieturn but eports of this nature
ought 10 be received with great caution especially in
times Of excitement such have lately prevailed In The
countries named The exports from France will proba-
bly, for time be small prices being higher there
than with but from the Baltic we may look for con
siderable supplies, and the arrivals from America are
likely 60 be rather extensive in this and the next Month
The favorable character Of the weather has caused
complete revuun Of feeling Mark lane and business
has become very depressed Thtre small show on
wheat on Monday from Essex. only q moderate supply
from Kent and the offers from Lincolnshire ana tnas
neghborhood were by no means numerous. FACTORS
were therefore in the first instance unwilling 10 make
any conclusion. in consequence OF when soe un,
elarsed before sale was effected the kentsh stands
were however ultimately cleared nj reduction o IS to
% per quarter the rates current on tat Gay se
nigb, tbs rss.x snrv (which consisted principally Of
white wheat sold at the close OF business tnough
offered AT a similar reduction. On wednesday the
ransoctione were too uuimportsnt TO warrant further
change in prices but TO succeed in making sales this
morning of that which remained over from Monday, II
submitted TO- The arrivals Of foreign wheat have been
small since the close Of last week; having however,
cev,d upwarde Of O. 600 quarters the preceding fort
uipht We have had good display OF samples from on
board ship bsics What has been edered from granary