Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1854-04-04
Prom the Loadon Mercantile Gazette, H.
REVIEW OF THE EUROPEAN GRAIN TRADE.

FOR THE WEEK ENDING FRIDAY, MARCH II.
The Wheat trade has remained IN an exceedingly dhl
state since our last and further fall has taken place
in prices at all the leading provincial markets At Liv-
erpoo the depression has been greater than elsewhere
owing 10 the extent Of che arrivals Of breadstuf from
America During the week ending 18th instant upwards
OF 100000 barrels flour received that port which
caused so great pressure that good brands Of Ba.
more we're actually sold at Ses per barrel This impor.
tant decline brought forward rather buyers and
somo extensive purchases made Tuesday ut &c.
3D. per barrel There is evidently increasing appre
henslon IN regard TO monetary Affairs, which tends TO
cheek anything like speculation aud renders those who
buy FOR consumption than usually cauiuus their
operations. Such being the position OF affairs a very
small excess In supply over what ia required for immed
ate use suces 20 decline in prices and "a there
~ prospect OF lair arrivals from the Baltic now that
sht OF wind has taken place TO the eastward II Ia not
Improbable that the ownward movement may continue
IOT une Meanwhile, nothing has transpired TO altar
the real position Of affairs the deficiency Of the
ist harvest not even questioned, aud the prevailing be
lief that stocks in farmers hands very small has he
come more and more general The sowing Of spring
corn Is now drawing to close 1.-THE extraordinary fine
weather experienced during tho last month having ona
bed the work N he garfield on without interruption u lar
ncrs are, therefore, longer closely engaged in the
hel1s aud might have Ciruatel materially increas
cd deliveries from the gtow,s. Thus far however little
or no inc ease has taken place and prices have been bet
ter supported at the mafketsn the agricultural districts
than az the leading consuming towns The political state
OF our relations with Russia ppeara for tho moment 10
nave no influence on the Con Trade, and the certainty
that the supplies from the Russian ports In the Baltic "a
wei ne from those IN the Bacl Sea- be inerIcred
with, u not wholly stopped fils make any impression
on the minds Of our buyers. How long this state NJ
tings may last cannot be foreen but canno, help
thinking That the extreme deficiency OF the last harveg
together with the falling OF utc.i take place in the
supplies from Ruasi will soons lator bc felt and we
do not consider that the position Of aTrs w1rrants the
present depression Tho arfvis OF wheat ooastwise In o
the port Of London have been 0.c moderate aud the
quantity brought forward at Max nne by land carriage
from the home counties has ,rntl. The mlofs have
however, conducted their operations with extreme eau
ton aud the tendency prices he boon decideIly down.
w1rIs. On Monday IL was mpt4ible TO make any pro.
press In silcs until factors oonseed acccdo 10 de.
ciuc Of q per qr, and dcdty experienced in
making clearance tho rcduciid Since then tho de-
n1ud has not improved. On wednesday, hardly a sale
was Effected aud this morning Rtchases might bnvo
been made % per q lover than in the beginning Of the
week. notwithstanding which putchSers declined taking
bubel more than required for niedate use, Porelgn