Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1854-09-15
Foreign Crops.

We have reports by the late steamers from Europe
Of decline in the market for breadstutfs some Of
them TO the effect that tho decline is heavy. There is
evidently strong effort making by certain leading
papers in Europe and also in this country to write
down the prices Of grain-at least to put the best
representation possible upon the harvest prospects
and considerable allowance will have to be made
against the iatering accounts put forth. From the
reports received from the foreign countries
clude that the crops in many portions of the country
will be tolerably good and generally better than
calculated upon carly in the season.
An article in the London Mark-Lane Express Of
late date gives review Of the British corn trade and
also of the foreign corn trade which we presume is
about as reliable any information we have from
foreign sources That paper gives the official return
Of importations into the United Kingdom during the
month ending the 10Th Of August last; from which
it appears that the supplies from abroad have been
on n much less liberal scale than in the month imne
diately proceeding. 1t accounts for this (while in
previous years they have generally had the largest
supplies towards the latter part Of the summer from
the fact that their extensive wants were so well
known early after the harvest of 1853 had been Sc
cured that all that could be got together shipped
oil early, and about the time the bulk Of their
stocks abroad had been reduced into very narrow
compass, and thinks the probability is that the re-
ceipts of foreign grain, &C., will be on comparative
ly small scale until such times as supplies of the new
produce begin to come forward at the different shin.
ping ports.
AS to the British harvest we gather from the Ex.
press that as it is proceeded with is being discover
ed that notwithstanding partial blight the bulk of
wheat is heavier than was expected before cutting
was commenced, and il the weather should prove
tolerably auspcious so to allow the remainder to
be well secured, there will be considerably more than
an average yield In several instances the quantity
per acre has proved large and it is thought that the
breadth Of land under cultivation this year is greater
than for some past The weather it is stated
had been rather unsettled during the previous week
In portions Of the Kingdom over the Southern Sec
tons il had been sufficiently fine to allow fair progress
to be made with the carting of grain, but in the
northwest of England, in Scotland and in Ireland
the work had been seriously interrupted by frequent
heavy showers. In Ireland the rains had been more
general than the other side of the channel and the
reports from thence not altogether of so salts
factory character could be desired The Potatoe
disease is represented very prevalent there and
it was much feared that large portion of that crop
would be lost.
Stocks of old wheat, Of home growth ale said to
be nearly exhausted and scarcely any comes forward
and while receipts of foreign wheat have been large
the country demand being, so far OF a strictly retail
character, miers have conducted their operations
with extreme caution Farmers have been anxious
to SELL whilst buyers, after having secured what they
have needed for immediate USE have refused to con-
tnue their purchases and it is supposed that so long
as tins pressure to trade continues prices must give
way. But tie Express further states that if farmers
are really as short of old wheat they are believed
to be, the country mlers will yet have to visit the
ports where stocks Of foreign wheat are held, and
there is some prospect Of holders being able to re-
alize-though they may have to submit to heavy loss
es on inferior qualities Of Black Sea and similar sorts
OF wheat. While the milers report an exceedingly
slow sale OF -four 1t is considered plain that the mes
tropoltan bakers have made up their minds that
prices are to be lower, and therefore not inclined
TO buy beyond what they want for immediate use
Thus far, however, it is stated that the nominal top
price has remained steady at COS. per sack
Ihat the present representations of good crop
throughout alarge portion Of the European countries
and the purpose among purchasers not to buy any
more now than they are compelled TO have under the
nope that prices will range lower hereafter, should
nave the effect OF depressing the market is to be ex-
Pected Should the accounts Of fine yield Of wheat
which we have from portion of the foreign wheat
growing regions, prove TO be correct and we have
reason to believe that, to considerable extent thew
are true, no material advance the price of bread.
stuns IN the foreign markets be safely calculated
upon, ana perhaps 1t is more probable that prices
Will decline somewhat. TO what extent the effect or
that upon our home markets will he counteracted bv
the short crops through the whole of our country
this season ii may be too yet to estimate but that
Ii will be counteracted from this cause in n great
measure, may reasonably be anticipated
We give below, from the Marklane Ervress. re-
view oil the foreign corn trade, in addition to III,
synopsis we have given above of its review of tho
British corn trade:
THE advices from the North Europe in regard TO ,be
onoe iosu. OF the harvest are not 50 universally good
this week as they were previously considerable
tp OF rain appears to have fallen on Monday and Tues
day last which had Dterered with tho cartng of Corn
.nu would was feared DO productive Of injury to
inc quaty Tho Information IL altogether too vague and
uncertain rs yet TO allow Of any definite conclusions heinz
arrived at but the estimate the general result of &
hrvest 10 Germany Poland, &C. are not quite vora-
Die aa they were Few weeks ago We are nevert1ees
OF opinion that the yield Of Wheat will provo COOL soi
that OF Spring Corn rge 10 all the countries bofdered by
prom DAptzg we learn that the transactions Wbo,,
during the preceding week had been trnipg 70 RELY
600 qrs having changed hands for fair Gi 10 C2 lbs
OPPe IVsn Dos 10 Dos per qr free boatd had been
per or. '''' ~ U.s.
AT konigsoerg samples Of new wheat OF fine auali,,
have been exhibited aud the crops Of Spring Corn had
We are informed, giyen very satisfactory return.
sasund sdyices Of the 2st inst state that rain had
fallen there tue day before but that Il had
become hne, 40 that harvest work had not been much in
terrnped Several lots Of new Wheat had come forward
ofsplondid quality and heavy weight but no nrices had
been nIed Barley n that neghborhooi had given an
abundant yield. e "
"Lrtters from Rosiock OF Mondays date state that
good deal Of Wheat still abroad 10 that
some OF the crops had been badly laid by tho feuusnt
heavy rains which bad been experienced and the straw
besides being twisted OF very dark color II was
feared therefore, That the quality Of the grain would
not be 20 foe as bad been previously estimated and some
doubts were felt whether che yield would be equal TO that
OF good average seasons. But little now Wheat had up
70 that period been brought forward aud the average
Weghtper bushol had not exceeded 60 10 so 1.2 lbs
Hamburg letters OF Tuesday state that the weather had
lor some days been wet which had given rise to appre
hsns,ons respecting that portion Of tho grain crops