Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1854-04-20
From the Marks Lane Express OF April Sd.
THE BRITISH GRAIN TRADE

s'Vu INC hstks Lame Express OF April Sd.
THE BRITISH GRAIN TRADE,
most extraordinary change has taken place In III,
tone Of the wheat trade since tho close of las, weeko
period OF unreasonable depression has succeeded one
great activity That we altogether upprcp.ret
for something Of this nature may have been gathered
tho tcuor OF our remarks for several weeks past NJ his
same time We do not pretend have foresecp 40
and important an alteration as has occurred in the course
OF lew days scarcely week ago that forced s,ls
OF Hour were made at Liverpool $50 to 34s per hi
then business has been done at that pot
rapidly rising prices On Tuesday, SIS to $50 were the
current prices aud yesterday Is to Sd per bill
on tho last named rates asked which had boxsx.r
the effect OF somewhat checking sales Though Tho iii
had been westerly, and good many vessels had arrived
rom America, the receipts OF -four had en- only mods
rate. Ne'
In order to account for tho present e.citement II 4 T.
our opinion requisite to glance the cause of th
universal determination Of millers dealers and 49,
in all parts Of the Kingdom reduce their stocks 40 -
to proht by the large supplies known to be on n,.s,
from the northern continental ports With this view
they were oil sellers, and IL became necessary To Give
IN prices TO induce buyers to purchase that which
were compelled TO sell In order TO meet on ,.,.,
s,Iasy entered INTO Those who position to
walt Tor revival OF the demand did SO with more or %
contdence still there were pressing sellers some Gom :
want Of confidence In the future, others from wan, -,
kind OF panic prevailed. Na''
Meanwhie consumption went on at the usual rata .a
the ners and bakers having allowed their stocks to he
come reduced quite as low warranted BY
deemed IL advisable when the expected B,i,;e sIi,
had actually hand 10 commences 1
same This was the position of affairs at the Close NJ
week Most OF tho weak holders having been forced 10
rea ne and purchasers feeling satisfied thu, they would
gaia no advantage by further delay buyers from nh
OF the country visited the ports ut which the l,rccs,
ton OF the foreign supplies had been reccye 5r..
were hst tn tho field managed obtain what they need
gu on comparatively easy TERMS but the demand in
Creased Importers raised their professions and ,sL
one market with the other, the rise from tho love-, ;;
oil depression may be fairly estimated at from As to q,
quarter. Va per
The supplies have been for the mos, mar, o,s.., os
without the slightest difficulty, aud unless they be- foow
ed by much more abundant arrivals than autcpsed N
upward movement must continue.
The deliveries from our own grower, .bavs hoo, ,..
Sinai all through the depression which certainly aords
strong grounds for coming the conclusion TIA, E.
ers STOCKS are really light; for class they are not
geheray inclined TO hold whom prices reduce In the
they did during part Of February and the first tbreo
IN March, In confirmation of the smillness of IN. ousn
uy oil home grown wheat offered for disposal ". give d.
account OF the sile at the returning tho
during the last week with that Of the corresponding w.
in 1885, the quantities respectively 40 739 op And
sos24 qrs This is the greatest falling off VET shown
Is 'ar 70 presume that with the extraordinary
me weather which We have experienced throughout Feb
ruay and March, the sowing of Lent Corn and otbar
uoo "orks must nave been so lar completed as to allow
leisure Tor threshing ard bringing corn to market
We have so frequently pointed out the probable co,
sequences OF the Interruption Of supplies from the Bc
Sea. that wc do not deem il needml again n do 49,
ta refer TO the suhect but there cam our opinion he
no doubt that In case of protraced war with Russ w
shall considerably higher prces for all de
corn, even II nothing should to cause l.;
regard to the next harvest Thus far We are happy 10
say the appearance Of tho autumn soyu Wheat 10 -,
spoken Of and dry March L. generally regarded "a
able for that plant Spring sowing has also been acco ~
plshed under highly suspicious circumstance and ,h
upward in prices must therefore
10 nave been wholly independent Of any specuatops
ded on apprehension in reference to future prosnec,s
lar as our crops are concerned. - "
Inc arrivals Of wheat into the por. OF London have been
quite trinng, only 1881 qrs having been reno,,od A.
ing the week ending this Saturday evening Tho fcw
small lots exhibited on the Essex Kent and Suffolk stand
on Wednesday, were readily placed at prices quite Pc
qr above those current in the beginning OF tbe weaL
Since then hardly anything has come 70 hand and r.
being absolutely English Wheat ON sale on F,isx 4,
was dcut TO quote the actual advance but "a per
over Monday prices the milers would have been free
buyers. We hsve had no offers worth naming for some
weeks past from Lincolnshire, Cambridgeshre and TIN.
neighoorhood and stocks said to be very short ali
aong the East Coast. ~ "
The receipts Of Wheat from abroad bsvs hoo, - =
much more moderate scale this than last week still "a
44S qrs have come TO hand. Besides a good local de-
mand, We have had an active country inquiry and the
nave on the whole been considerable The
business done on "Wednesday principally to country
consumers who paid an advance of 2 to 3s per ar on
previous prices without reluctance On Friday importers
declined to continue their sales, unless further rise TO
about the same extent, and consider tho difference
between the prices current in tho commencement and
those realized at the close of the week to be at least e.
per Or On new Baltic red wheat was decidedly more.
but must be recoeced that the greater mart of Tho
arrival Of last week consisted of that kind which
was consequently then depressed than any other The
rates asked Tor floating cargoes of Black Sea Wheat
been in accordahco with the rise in the value of that on
the spot The arrivals oil the have been small ON
ly eight carBoes having come forward which remain ON
sale, owing to the high prices asked The Transactions
in Wheat free on board at Baltic ports have not beer inn
lers having checked business.
The town milers have shown a decided unwillinenes,
10 make forward sales OF Flour or they might easily
placed considerable quantities. Ship samples were deci.
dedly dearer oil Friday than earlier In the week The
arrivals from America have been moderate and This art
Gle having previously fallen relatively lower than Wheat
has attracted good deal Of attention. Some large CON
tracts closed Wednesday mt rse of "a mar mi
and Friday, further purchases wero made nj trtbsr
advance Of L. per quarter Good brands sold currently
on the latter day 4oS aud fine 42s per bb and un
wards. -
Blrlcy, Of home growth has not excited much o,,.n.
tion ho arrivals having however been small since tho
close OF last week. the tendency of prices has on tho
whole been upWards. Foreign Barley moro inquired
Tor on Friday than previously, and In come cases Nom
days currency exceeded by L. per or This grain IA
now relatively lower than other articles and Is likely to
improve. ~
Malt has no, been prcssngly offered as was the
week or two ago, and its value has been very firmly
maintained.
The arrivals of Oats coastwise have been small. ard
though the westerly wind has brought few caryoes to
hand from Ireland, and several small lots have Sesdes
reached from the continental ports the total sun
ply has been only moderate The certainty that We shall
this autumn receive aid from Russia and the probabi
" that the shipment from Denmark aud Sweden NAV be
lees nterfered with by the war renders likely
that this grain may rise materially later in the year. Some
speculative purchases have consequently been made aid
having besides had good consumptiye demand prices
have advanced ls. TO p. per qr. since Monday last
Beans have excited nCre attention than for some time
past and could not DO bought easy terms q, the
close as in the commencement of the week
Peas have been held with greater mness than of late
but unable to quote any actual Improvement In
their value.
lndan Corn has risen is to 2s d Or. In price, but has
not sold freely at the advance.
STAGE AcciDESr.-On Tuesday ifternoon last a stage
coming from the East thrown over an embankncnt
about six miles this side OF Chrisiansburg and several
Of the passeng seriously and one IL IL thought fatally
IL juu d. The particulars, Term them from gen.
tonan who the stagc, these; The coach With
the mail met with slight accident prior Teaching
Chrisanburg boh caused short delay that place for
repairs Another stage, which had e Big Spring At the
time filed with passengers, went of Christians
burg ahead. When the mail coach reached the point
referred TO- the driver attempted sko the lead OF the
other COACH and the road being TO ALLOW ia
passage II was preciptated the side falling a dis.
lance Of some twenty or twenty Eve feet--Abiagdon
Democrat, April 10.