Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1854-03-17
COMMERCIAL.
From Mirk Lane Express, FEB. ~.
Review of the British Corn Trade.

The Corn trade has remained in somewhat
denressed state since our last. and the tendency
Of urices has on the whole been downward. lhis
was however more decidedly the case IN the
carly part than toward the close of the week, and
there is reason to believe that the wants OF the
millers are again becoming urgent III many parts
hf the Kingdom The deliveries OF home grown
Wheat have not increased materially at some OF
the markets in the agricultural districts, the sup
plies have hardly sufficed to satisfy the demand,
buyers have consequently had to turn their at
tention TO the ports where they might expect TO
obtain foreign Wheat on the most advantageous
terms, and this will are inclined to THINK he
the case more generally in the course OF another
eight or ten days. At Liverpool, there was
decided revival; ON Friday, in the demand Tor
Wheat and Flour, a fair business was done at
rates fully equal and in some instances tribe
above those current on the previous market-day.
American produce is now much below the point
at which it would pay to import this Is almost
certain to check supplies from thence indeed,
the latest advices from the United States affirm
that the immense shipments made from thence to
Europe had reduced stocks into such narrow
limits as to cause some uneasiness to be felt as
To whether the quantity of breadstuffs remaining
on hand would suffice 10 satisfy their wants up
TO next harvest Whether these apprehensions
are well founded not, certain 1t II, that To con-
sign from the States or from Canada to Great
Britain would, under existing circumstances, en-
tail serious loss. and it therefore reasonable
to suppose that supplies from the westward will
fall off The arrivals off the coast from ports
east of Gibraltar have been rather liberal of late,
and we hear that further shipments are in pro-
gress at Marseilles, which, together with what is
known to be now on passage, will afford a larger
supply from that quarter than we were u short
time back led to expect From the Baltic
cannot calculate on receiving material aid until
April or May, and we are strongly of opinion that
the shipments from France and Belgium will
speedily cease, the late decline in our quotations
having narrowed the margin which previously ex-
listed F.; in fact, some of the recent consignments
from those countries to London will, if sold from
on board ship, be attended by loss. The war
question appears to have lost its influence, for
though the danger has become more and more
imminent the excitement on the subject was far
greater months ago than it is at present. There
can, however, be doubt that war with Russia
would very soon tell on prices of Corn the mag
nitude which the trade with the Black Sea ports
has attained of late years needs no comment aud
the possibility, if not probability of the supplies
from thence being cut Off is a matter for serious
consideration.
The favorable weather experienced for nearly
a fortnight has not been neglected by farmers; a
very great breadth of land has been prepared for
Lent Corn, and no inconsiderable portion has al
ready been sown. All outdoor labors are in a
very forward state, and the work has in general
been accomplished IN highly satisfactory man
ner. The appearance of the Whe plant is also
well spoken of, and the prospects for the future
are thus far promising. The question as TO the
stocks of Wheat in the hands of the growers ma
turally engages a large share of attention of all
engaged in the grain trade, but definite info.ma-
ton on the subject cannot be arrived ut. The
fact that the deliveries have not increased mate
rally with falling prices is, think, strong evil
dence that farmers have less to sell than usual at
this period of the year. more especially as they
| had reason to believe that-with the approach OF
spring supplies would be drawn to Great Britain
from all quarters. The quantity sold during the
week at the towns returning the averages was by
Thursdays return 6l,l3l qrs, against ~, 42e
qrs. in the corresponding week last year.-Mdrk
| Lane Express, Feb. 2Oth.