Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1854-04-14
The Grain Trade Of Europe.

From the London Mercantile Gazette, OF March 24l
few days eastery wind has enabled the grainaieu
vessels nom the Baltic which received their cargoes on
board during the winter aud sailed at the topenipe
the Navigation to make quick home. and nearly he
whole feet had hand at once. Tho arrivals have
consequently been very liberal scale here as vel as
at several OF the ports the This has naturally
added to the existing depression In tho trade and'he
downward movement 10 prices which commenced carly
N the month has continued The of the foreign up
Plies and the increasing tightness in the Money Market
have tended TO discourage anything like speculation In
corn; and though there Is to believe that the
deficiency in the ha, been exaggerated tho vws
to the probable future Of prices much mere
moderate than they were earlier IN the year.
The GALL which has taken place in quotations within he
last four five weeks have the effect Of check
shipments from the Uued States Us consign American
produce to England would, the hire
DO attended with lose. From the Black Sea aud A'of
shipments altogether forbidden, aud teegraIhic
despatch, received this FROM Ujess that the
prohibition berg rigdly enforced that ves,es
which had not completed their cagoes previous tothe
18Th Instant had been ordered To proceed to only
TALLY loaded, to discharge what they bad takei on
noard The total cessation of supplies from Southern
Russia will hereafter be felt not only in this country but
,so IN the snd through Msrselcs the
south at F'ance w" turn The B,ltic. The Fears
that between the Western Powers Europe aud Rus
sa gns Interfere with shipments from thence, as so,n
nos'hues should be actually com Gcuccd, naturally caused
the Baltic merchants make great cxertons get their
corn dispatched early rs possible Everything that
could be scraped together shipped tar as practical
ole over the ice before the latter uuke up aud the YEA
sels were got of soon as the navigation opened We
nave therefore received the supply which would In the
ordinary Of things have been spread over several
mouths, all Mt once, and interval OF comparatively
small arrivals will IN all probability succeed
We submit the foregoing considerations TO readers
and again remark that the panic which ms for
the last week does to US appear warranted by
circumstances Very c English wheat has been brought
orwarG at Markanc but the liberal character OF the tor
eign arrivals has rendered the mers wholly independent
OF the home supply. The small show OF samples on the
Essex and Keut stands Monday could not be placed
until factors consented to accept prices So quarter be-
low those current that day week. though hardly
thing has hand since then portion Of the
decline has been recovered; indeed, IL here any
change all to day. the rather against than in
favor OF the seller There toeraby god attendance
Of country mers Monday, but they cnductcd their
operations with extreme Caution and the local demand
being ansuid only retail business was dine in foreign
wheat at reduction OF iuly So per quar aid to have
made sales OF consequence greater hll have
been submitted to- This morning the tendency still
do SDward.
The top price OF homemade -four was reduced 2s per
sack on Monday, and the nominal quotation is therefore,
los per sack The concession made has fac ltated
the sale, at which surprise be felt when
slider that both town aud country household -four has been
freely offered at relatively lower TIE arrivals from
America have been SMALL and barrels have been sold
cheaper than on this DAY week; indeed question whe
Their fine brands could have been secured either on
"Wednesday or this morning easy previous.
w. Barley has met with little attention. and where sales
have been made decline of ls. per quarter has been
submitted to. The arrival Of coaswse and from
Ireland have been small but 200 quarters having been
received from abroad the dealers have succeeded i'm buy
ing on easier terms Prices gave way Cd on Monday and
since then further reduction Of Is per quarter has taken
place, at which, however, there has been good sale In
Indian corn nothing OF consequence has teen doEe.