Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1856-07-17
From the New York Herald.
THE MOVEMENTS IN BREADsTUFFs.

From the New York Herald.
THE MOVEMENTS IN BREADSTUFFS.
In April last, when the preliminaries of
peace in Europe had been established, and
the re-opening of the State CANALS was at
hand, operators in breadstufs began to lose
confidence in stability of prices. It was
known that there were large supplies in the
interior to come forward, and it was thought
by many persons that supplies would be OBJ
tanned to a great or less extent from the
ports of the Black Sea- 1t was also report
ed that there was glut of receipts at Mar
settles, in France. Withal, too, the spring
weather opened we'll in France and Eng
land, and was considered highly favorable
for the coming crops. Under these circum-
stances, prices by the 1st of May reached a
low point, and were destined to reach low
er range before the LIST of June, and he was
q bold operator who shipped -four and grain
abroad under the appearance of such odds.
Yet there were some who continued to ex-
port.
It soon became evident that the supplies
in England and France were less than were
supposed, and that they would be compell-
ed to augment their stocks before the ad-
vent of harvest, let the weather be as it
might. 1t was, also, discovered that the
expected supplies from the Black Sea were
not to be had, and tAat the United States
contained the only granafies from which
they could obtain them. These circum-
stances strengthened prices abroad early in
June, and produced corresponding effect
here.
The recent arrivals from Europe have add
ed to these general unfavorable prospects
for low prices. The news Of heavy injury
to crops in France from the late inundations,
and of unfavorable weather in England, has
produced considerable excitement in bread
stuffs in this market and an enhancement of
prices. Fortunately for US, we have ample
supplies with which to meet this increased
demand. The receipts of -four for only the
past week, from the interior, ending Satur-
day, July 5, amounted to 81 900 barrels of
-four, about Ala 900 bushels of wheat, and
400, 200 bushels of corn The total re-
ceipts since the LIST of September, 1855,
have been 2,364,37S barrels of -four, s.
81, IT'S bushels of wheat, and 4, 1885, 900
Of corn. To these receipts should be added
large supplies from the Southern States, in
GLIDING from East Tennessee alone over
500, 900 bushels of wheat.
For some time past the export of wheat
to Great Britain have greatly exceeded
those of -four, the English preferring to do
their own milling. Notwithstanding this,
the exports of -four have also been large
The exports of wheat within two or three
weeks past have probably reached over.
million of bushels. Within the past week
alone the shipments of wheat have exceeded
500, 900 bushels, about 100000 of which
were taken on Saturday, and about 100, 900
or more were engaged on Monday, the 9TH
instant
1t is difficult to say how much remains in
the country to come forward, but it is pro-
bable that it may be nearly equal to the de-
mand until the new crop comes in, which is
said to promise large yield, and of good
quality. Should the crops in England and
France fall much below the average, we
may expect prices to continue remunerative
for our incoming crops.
The recent large sales Of breadstuffs for
Europe are suspicious for the country
Usually at this period of the year, when
breadstufEs are low and dull, and cotton
shipments are measurably over we have lit
tie for export beyond specie, which, on the
advance of sterling exchange is freel y drawn.
Now, everything seems to work favorably.
A large crop of cotton has been sold at high
prices, and in what are generally the dull
summer months we find large demand for
breadstuffs and provisions, at advancing
prices. All this must have it's effect upon
the general prosperity Of the country. The
heavy exports of grain. and -four going on
must supply considerable amounts of sterl-
ing exchange and tend to check the ship
ments Of specie.