Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1853-09-20
Corn Trade.


From the London Times, Aug 81
The unfavorable change in the weather which took
place last week critical for the harvest the
uncertain state Of the Eastern question: aggravated by the
'opPaSe of the Danube navigation and the interruption
OF the Wallachian trade and lastly the large pur
chases OF corn made In this French and other
foreign dealers, have had powerful effect mar
kets The last returns from Mark lane show clear rise
IN the price OF wheat Of less than 4 per quarter
the week, and the aggregate average price of the
cedtng SIX wcaes is 52S, which Is quarter higher
than tue comparative average Of the corresponding period
OF last year. The top price Monday was from o5s to
ass aquarer, AMI -four 6Os sack This extraor.
binary increase OF price, the very time Of when
turn generally takes place in the market is attributable
the demand abroad even more than TO the fears excited
for our own harvest Although the French Government
endcavors by the Monteur persuade the
country that the crops have turned better than
expected, the measures IL has taken and the active
speculaous Of the French corn trade prove that
siderable scarcity Is spprchended Louis Napoleon judges
rightly enough, that nothing Is likely to embarrsss
his HOvernncnt and To the mnOlerAc commercial
speculaons ahoat France than sudden rise in the
price OF provisions. Accordingly, he months ago
suspended the sliding scale Of the French Corn Law and
has snce moved the drental tonnage dues cargoes
OF corn The supply OF flour which have received
from France for the last few years has ceased the
French dealers begin the contrary import largely
The floating cargoes in ports bought up aud
soon found tn when to the Baltic aud Black
ports for further supplies there French orders had
sent up prices At DAntsic tine high mixed wheat weigh
ing 62ib bushel be bought under 5Ss free
board; Sten the same advance had taken place In
Holland the best Rhine wheat fetching Is and els
Nor is there much prospect of any large supply from the
Black Sea- for reghts Odessa have risen lis quar-
ter, and IS. higher from the ports of the Danube
Iaere - moreover, great probability that the supplies
from the East will be larey required in the South
OF Europe The Belgian Government has also ia
ken the alarm - and the low duty established in
that country by the Corn Law of 1850 is suspended
wheatsnd every other kind Of grain the Bel
gAn pOr;s free Our correspondent in Paris relates how
rapid has been the rise in the price of dour in that CITY,
and corn selling in several parts of France loo per
ceut abo'e what would have fetched few months ago
The demand s everywhere excessive The fear Of con-
tnued high prices is perhaps exaggerated
the stocks of OLD wheat low, and the OF the
present harvest generally scanty 1t Is scarcely
eary to remark that this unfortunate scarcity in many
parts OF Europe is aggravated by tho hostile attitude OF
Russia in III. Prncipales aud by the i'll judged opposi
ton OF the Porte To the recommended by the Con-
ference OF Vienna and il il to say the least OF in-
toerabe nuisance that the lawful operations Of trade
should be parayzed and the large
OF the population of Europe raised famine prices be
cause the ambition aud the pride of
States are pleased nct those evils the world and
TO increase the hardships Of natural calamity.
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