The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-08

Il WOIu, ny ItuutIlDg the country
impossible of habiation under its existing instit,,
Items, with but a doubtful chance of peace under
| any other.
The Corn Trade or Euron.
FROM the London Mercantile Gazette. Dso 21
NOihing has occurred since this dav week m I'M,
part interest TO the grain trade and matters awa
remained SO nearly IN the same position az before
that our remarks can Of necessity offer no new
feature. The weather has been much Of the same
character as that previously experienced, and the
effect of the continued humidity of the atmosphere
has been very prejudicial to the condition of ali
KINDS OF corr, circumstance which has had con-
siderable influence, inasmuch as it has rendered
purchasers more than usually cautious in their
operations. The deliveries Of wheat from the
growers have not been large, but they have proved
quite sufficient 10 satisfy the demand, and at some
further depreciation has taken place in prices.
The arrivals from the north OF Europe have
only been moderate; a considerable number OF
vessels, wheat laden, having, however, ar
rived OIL the coast. from ports living east of Gbra
tar, and large quantities OF flour having been
received al Liverpool from America-with a fair
proportion from France there and at some of the
channel pors-the importauons have, on the whole,
Deen fuly equal to expectation, which has, no
doubt, assisted to keep down prices To these
causes OF depression, We may add the unwilling.
ne ss OF mllers and others 10 increase their stocks
so near the close OF the year, and the necessity of
many farmers TO press sales, in order to raise the
funds needed about Christmas time. English bar
ley has, during the last fortnight, come forward
more Freely Than at any period since harvest, The
conse guence of winch has been decline of Is TO
Is per quarter from the highest point at all the
principal markets in those dist0cts where this
grain is most extensively grownE The reduction
has, however, been confined TO common mailing
and dstilng qualities the proportion Of really fine
barley produced this year being comparatively
small The recent rise in prices of oats has had the
effect of causing rather larger deliveries from the
growers, and decreasing the demand; but, though
the article has been less freely taken than before
the advance no reaction has occurred in it's value
The news from abroad Is of much the same charac-
ter as last week. Prices do not seem to have varied
materially at any OF the leading cOntne atal ports:
sellers appesr, however, to have become somewhat
more anxious To enter into contracts for shipment
IN spring. and in case our merchants and specula.
tors refrain from sending out ORDERS price are likely
10 settle down abroad during the winter: Ofwheat
supplies begun to appear, but the deliveries of
spring corn had not much exceeded what had been
required for local consumption. The arrivals of all
kinds OF grain and pulse into the port of London,
from our own coast and Ireland, as we'll as from
abroad have been moderate since the close of last
week, and the quantity exhibited a. Mark lane
by lsnd-carris9e samples from the neighboring
counties has not been large. On Monday, the
Essex stands were tolerably well filled with wheat
samples, but from Kent there was scarcely an
average supply, and the offers from Lincolnshire
and Cambridgeshire were not numerous. Fine dry
qualities were far from abundant, and the millers
standing in need of fresh thrashed wheat, the best
descriptions were cleared off similar rates to those
current on that day seennight, but before the ge-
neral runs could be disposed Of factors had to give
way TO the extent of about Is per or. This abate-
ment was, however, of no advantage to the millers,
The intrinsic value being deterorated by the damp
weather TO an extent which the reduction of Is per
9r. would not compensate. Since then very little
English wheat has come TO hand, and Though the
inquiry was languid in the extreme on Wednesday,
well as this morning, further change occurred
in quotations. The inquiry for foreign wheat has
been less active than might have been expected con-
sderng the Indifferent order of the English supplies
and The CONSEQUENT necessity d PmDIOvlnU old
extensively for mixing. The transactions
Monday were only of a retail character, and
the demand has certainly not improved since
then; holders have, nevertheless, remained firm,
end, where saes have been effected, former terms
have been obtained. In floating cargoes, nothing
OF interest has occurTed for COED qualities Of Polish
Odessa Off the coast 36s. 10 S7s per quarter cost,
freight. and insurance, has been asked The
nominal top price Of town. de flour has remained
stationary, and as milers cannot buy fine wheat
lower than before, they are not likely to make any
immediate change IN the price Of Inc manufactured
article. Country flour has, in some cases. been
sold rather cheaper, and the inferior sorts Of French
have been very difficult 10 quit, nj almost any
price. Choice mailing barley has commanded pre-.
yious rates, the commoner kinds (of which the
quantity on the market has accumulated within
the ast week or two) have been very dull Of sale,
though offered IL. per quarter lower than last
Mondsy week. Foreign grinding barley, being
still relatively cheap for feeding purposes, has been
in fair request throughout the week. and has not
been influenced by the decline on English. The
inquiry for malt hes slackened, and even the finest
SORTS have become somewhat easier to buy whilst
the ordinary descriptions have rcceded Is per
quarter in value. The arrivals OF oats codstwisc
and from Ireland have rather increased; having,
however. received few from abroad, the total sup
ply has been considerably less than the quantity
required for the weekly consumption Of the me
uopolis The trade in this grain has been devoid
of animation, purchasers having conined their
operations 10 as narrow limits as their immediate
wants have permitted With the exception Of
some kinds OF foreign, which have 10 partial in
stances brought rather more money, we have no
change to nouce IN prices, quotations having re-
mained very nearly the came as they were last
week. Behns have excited little attention, and the
turn has been in favor OF the buyer. White peas
have sold slowly at about former rates; gray were
parted with, on Monday, at a reduction Of il. les.
per Or, but the decline has since been partially
recovered. For Indian corn ailost quite as much
money has been asked as last week.
NKw YoEK AND BosroN MiLtrARY-CoxrrrMES
TARY.-The Boston S,ntina gives the following
description Of a magnificent standard which the
Boston National Lsncers intend presenting to the
New York National Guard. on Wednesday next,
token Of gratitude for the hospitablc reception
which they received during their recent Vi eli 10 New
York." The banner is of white Sitaliielis silk. Of
the army size-6 by "a feet On one side is paint
ed a shield, hearng the coat OF arms of the Sc
venih New York Regiment, National Guards,)
vi1:-four quarterings, the upper two represent
ing the American Ensign, with the letters y. Y.
n. g.; the lower two the picturesque armoral
bearings ~ the city On one side, this shield is
supported by the American Ensign, and a squad Of
National Guards, with a sack Of muskets--on the
other side is the standard Of the N. G.'s. under-
meath. is inscribed on pink ground Jan. ISL
National Lancers TO the National Guards Above
are gilt rays. and eagle from whose beak streams
the motto Of The Guards Pro P,lrta IL Cora.
ON the reverse appears the shield a. the old lay
State, supported 90 one side by mounted Lancer,
and on the other side by a stack Of lances, with a
squad OF mouated lancers in the distance. Under
meath is Inscribed National Lancefs. and above,
upon gilt halo, the motto OF the corps Union,
Liberty and the Laws"
Superior Court.