The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-07-09

The Movements In BreadstuRs.
In April last, when the preliminaries of peace
In Europe had been established, and the reopen
ing of the State canals was at hand, operators in
breadstuhs began to lose confidence in the sta
bility 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 obtained to great or less extent from
the ports Of the Black Sea. 1t was also reported
that there was glut Of receipts at Marseillse, h
France. Withal too, the spring weather opeaed
well in France and England, and was considered
highly favorable for the coming crops Under
these circumstances, prices by the LIST Of May
reached low point, and were destined to
reach lower range before the LIST of June, and
he was bold operator who shipped -four and
grain abroad under the appearance of such odds.
Yet there were some who continued to export
1t soon became evident that the supplies in
England and France were less than were sup
posed, and that they would be compelled to aug
ment their stocks before the advent of harvest,
let the weather be as it might. It was also, dis
covered that the expected supplies from the
United States contained the only granaries from
which they could freely obtain them These
circumstances strengthened prices abroad early
in june and produced corresponding effect
here.
The recent arrivals from Europe have added
to these general unfavorable prospects for low
prices The news of heavy injury to crops in
France from the late foundations, and of IN
favorable weather in England, has pro-
duced considerable excitement in breadstuffs
in this market and an enhancement of
prices. Fortunately for us, we have ample sup
plies with which to meet this increased demand
The receipts Of -four for only the past week, from
the interior, ending Saturday, July 5, amounted
to 81 900 barrels Of -four, about Ala 900 bushels
Of wheat, and 400, 900 bushels of corn. The total
receipts since the 1st of September, 1855, have
been 1884 1913 barrels Of -four, 531l 775 bushels
Of wheat, and 4,126,006 Of corn. To these re
ceipts should added large supplies from the
Southern States, including from East Tennessee
alone over 100000 bushels of wheat.
For some time past the exports 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 ofwheat
within two or three weeks past have probably
reached over q million of bushels. Within the
past week alone the shipments of wheat have ex-
ceeded 100000 bushels about 1O0,0 e0 of which
were taken on Saturday, and about 100000 or
more were engaged on Monday, the 7th inst.
1t is difficult to say how much remains in the
country to come forward, but it is probable that
it may be nearly equal to the demand 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 an average,
we may expect prices to continue remunerative
for our incoming crops
The recent large sales of breadstuns for Europe
are suspicious for the country. Usually at this
period Of the year, when breadstufls are low and
dull, and cotton shipments are measurabfy over,
we have little for export beyond specie, which on
the advance Of sterling exchange, is freely drawn.
Now, everything seems to work fayorably. A
and in what are generally the dull summer
months we find a large demand for breadstuffs
and provisions, at advancing prices. All this must
have its effect upon the general prosperity Of the
country. The heavy exports of grain and -four
going on must supply considerable amounts Of
sterling exchange and tend to check the shipments
of specie
The advance in -four from the 31st Of May last
to the 7th Of July, inst, may be seen from thefol
lowing table,