Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1853-09-10
Th" European Grain Trade
(From The London Mere. Gazette. o3d.1

(From The London Mere. Gazette, o3d.
The accounts from france as TO the def
cheney in The " heat crop OF that country be-
come from day TO day more serious, aud there
can be no doubt that she will have to import
largely. Prices of wheat and flower have
risen there so much above those current here
as to leave o vi margin fer profit on ship
nenls from England to France, and consider
able purchases have been made during the pa t
week on French accoun, in London, as well
as some Of the ports on the coast. The effect
of this has been a rise in prices, and at most
Of the markt is held on Friday and Saturday
quotations We're Is to Is per or. higher than ia
the beginning of the week. The weather has
on the whole been favorable for harvest opera
lions, and considerable quantity Of corn has
been carried in good order. TIE quality of the
new wheatIs vaiious'y de>csioed. As regards
The yield the reports are, uilk very few ex
ceptons, Of an unsatisfactory nature,and there
is reason To believe that the deficiency to the
acre will Prove serious The position of the
country Is, therefore, sornow hat precarous -
The stocks Of old foreign wheat in the king
dom are by no means large, and though our
farmers may have fair portion of the last
crop on hand, hen e consider that France
vii, i'll all probability, have To import instead
OF exporting, that the Black Sea supply will
be in er,a at measure diverted from tins coun
Try, and that the potato disease is general all
over Europe, sufficient has. we think. been
SAID to warrant some apprehension us to the
future course of prices.
(Fr,m the Mark Lane Expressly
The great feature in The Wheat trade has
IL, /. 4
porlalion This inquiry has been principally
on French account, and 10y the latest advices
fom thence it would appear that further Or
ders may be calculated on. Tie harvest in
that country is earlier than with US, more es
peelally IN the Southern Departments, and as
statistics Of the result are collected there with
eat care and accuracy, it has no doubt been
ascerained that the yield has turned out de.
hclent Under these circumstances it is more
than rohable that the Government have
deemed lptudent To ondeavor TO guard against
scarcity, and we shall Certainly not be surprs
ed TO learn that part If What has lately been
bought in tho English markets has been taken
on account oil the French Governments
whether this lie the case. or whether The pur
ehases have been made by private individuals,
the effect as lar as We are Concerned, wiIl
prove The same. Not only have large quan
III es Of Wheat and Flour been taken off GU,
market. hul great number of cargoe., on
passage from the Black Sea and the Baltic
. igrnaIly intended for England, have been
honsFt Tor France. That tins will tell here
otter, rainot be questioned, and there is reason
10 believe HAT toe decline which took place in
our prices In the early part OF The month viii
be tnl recovered, - indeed, it is to he anpre.
hended that we may later in the year have to
pay idsher rates than We are now obtaining
IRON our nrighbors, to replace what is at pre-.
sent so freely parted with.
The Liverpool Courier, estimates de6ci.n.
cy In the English wheat harvest equal To 25
per cent, and adds.-"Thus between Enplana
and France, there is less wheat by 1880 600
qrs compared with last year
Tne Presse and the Journal des Deba,s, now
hat The harvest in France is secured s,a,.
there is "at least deficiency of 25 Der cen,
compared with an average crop.