Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1854-08-23

last has naturally given ss uneasness In regard to
the harvest The showers in the carly part Of the
week partial but few districts have wholly escaped and
tbs rain has since become general aud heavy that the
crops have been good deal laid aud otherwise injured
Should period Of settled dry weather succeed the mis-
chief might perhaps hot be ssrous but h must be con
essed that matters In what precaous po-
stou, and that g,eat injury might result Ia case much
vet should be experienced In this position OF al
fairs opinion the probable result Of the harvest
be safely ventured on aud all say the
subject at present is that 10 pout OF quantity We think
there full average Of wheat IS well a. OF spring corn
vet weather for any length Of time might however, great
ly detract from the produce by waste and damage. w"
sincerely regret that should have occurred cloud
the bright prospects which the appearance Of the fields
only week ago. the change has been mos:
fortunate but inclined to give 10 gloomy
orebodngs. True the crops have been lodged and twist
cd about but interval Of dry settled weather might yet
matters right We certainly considered the late panic
uncaed for and endeavored TO that such the
case the disposition appears 20 be to to the other
extreme, which may ts equally dangerous Every
thing must depend the weather; should II prove
tolerably suspicious might yet have good average
crop in which case the range OF prices would undoubte
y be much lower during the next twelve months than it
has boon since the autumn OF 1863 We pointed last
week. when forced sales were being made, thsti was
somewhat premature to conclude that all danger
before resping had well been commenced and the altered
Of the trade this week shows that opinion
not il-tounded At several Of the provincial markets
prices have risen As to IS quarter Within the week.
aud buyers have shown much anxiety purchase
sellers did last week realize. Fluctuations about this
period unusual but all parties this
dered more sensitive than in ordinary times in
quence Of the shortness Of stocks That
large quantity offorelgu wte aud -four is still remaining
In the warehouses Of London, Liverpool &c, is sd
United fact, but what do farmers hold how the mil
lers and bakers in all parts Of the kingdom situated
gard 10 stocks and what expectations for
eign supplies for the next two monthss Those who
know anything about the trade have difficulty in
answering these questions As guide those who have
examined into these matters would draw attention
to the sales Of English wheat during last week, as pub
hshed officially Thursday the quantity sold the
returning the averages Al 56S quarters against ST.
400 quarters In the corresponding week Of last year,
This, it be reeoleced during the week of the
finest weather have had when there could be in
ducement hold back supplies Next the OF
the stocks in milers' aud bakers hands only
answer own question by inference. When prices have
gradually given way during period Of or months, aud
when t has been found advantage TO buy only sufficient
for immediate USE has been the during the whole
Of the period named it is TO say the least very pro-
bable that, the OF harvest which until the las:
few days promised highly favorable those who had
the choice in their hand, which the me aud bakers
have unquestiopaby had, would b, large holders. We
the probable Of the future arrivals
here must again look TO probabilities Starting with
the knowledge that the last crop abundant
the continent aud that the shpm have nevertheless
under the aducement OF very nigh prices the British
markets been unusually liberal, may, think give
credence the reports which affirm that old stocks
all but exhausted that further exports Of
take place until the produce shall have become avaa
ble We have disposition to encourage speculation;
on the other hand consider ourselves bound
lord all the information in power guard against
groundess pauics. fall from the high rates
the last twelve months expected and present
quotations may be high, if the crops should be mode
ratey we'll secured but inclined think that the
almost total exhaustion OF stocks consequent the
ceedingy deficient harvest of 1853 all
remedeo; hence do not expect the value wheat 10
recede to what may be considered tree trade level"