The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-02-15

EGecG or tns Czar's Acceptance q the Peace
Frouo.ataons On the Graia Markets Or the
Vuhrad.
lie Nord Of the I'D January has the following reHsc-
lions upon the probable consequences which tho peace
negotiaaors vii have the prices of breadstud =
The despatch which announces the Acceptance By Rus
sia Of the Austrian propositions, a. premin ares OF
peace has produced al corn markets Of Western
Europe tendency to Decline the Importance of which
it win be well 70 consider.
For several months back the trade generally, and,
dts part the government Of France had made exraord
nary efforts to stop the rise brsadsus but notwith
standing the arrivals from the United states and from
Agera-two countries the crops Of which have, prov
denaly been Of extraordinary Misunderstanding has
been Obtained save . varying price Of $50 to 4of
per heetcitre. America, therefore, ID inexhaust
ible grsnary, seeing that she has not been able
TO send sufficient quantity Of grain and fouf
TO bring about reaction in the prices. Neverths-
Las Journal which pretends to be accurately informed
on tho matter, and which does allow the figures
gives he discussed announced the autn lriyy o.,
ocAl documents, that the wnsst crop Of the Unitei
States fix hundred mt ions OF bushels which left
at disposition ct less three huaired millions OF
bushels, hundred millions OF hectoh r.s-three
times the maximum ofthe calcalsed deficit Commerce,
which cares little for imaginary statistics, but apprs
GATES facts not the least all cited by M
news, knowing well that the crop OF North America is
ordinarily about fifty millions Of hscto ;res, and that
the expectation does not usually exceed fifteen twenty
per cent OF this amount; also thst the rise would
tnue up time ths arrivals would conside-
rabe enough render impossible the sudden and marked
variations Of price which speculation is fond OF, aud
dssvo,s 70 prSv;ss Tais ssudsa only toos place
spain spd America would sufce to remove al spprehen
sion Of scarcity Ths tact once es:ASished, regular
longer feared 80 buy at high pces certain
il Of not having to apprchend ~ least tor the
winter any depreciation. for everybody far from be-
opening the Russian ports and the grain
which wanted to make up the quantity necessary 70
e attended with progressive decline in the prices Of
breadstus and articles Of consumption Of ali kinds.
This is true to such degree that the esst prodacsi By
same in Germany France and even Engsnd in spite 0, the
hostile language Of the London press. Tha decline
everywhere the same acsouns OF speculation in the
dsient countries having existed nearly to the Same
The following figures will serve IS proof of what we
advance I'm Paris the decline 10 -four was to f. per
bag If. 80 confines to fr. 40 confines par hecO-
lHe Of wheat; in Marseilles FL in Havrs, fr; in
Brussels r. 20 confines; in LONDON, hillings per
quarter f. 20 confines par hec;oie, and f. IS
times pc. bag Of -four.
only business in home grain, did undergo great
reaction but it is the less that the tendency
yeared except in case of ruptare of the negotiations.
Everywhere the holders eyiuce desire to SELL the
as agos jS0isonsy remarks p.ops must e'wsrs Of
has not as yet been signei and even IL were, hs ice
which blocks up the Russian ports viii only disappear
the month OF April that in the most favorable suppo
siian the supplies may expect from the 5a * Sea
and the Baltic cannot arrive before period Of four
lit be trus that the reaction win extend to all tho
markets Of the world and that prices will 60 down
well in TIE United States a. in Algeria Egypt AMI Spain;
be probable that expectation viii be permitted
in Sicily it not the Less true to that the prises of
breadstuGs will only begin to approach seriously their
signed and when il will possible to some csztaia
anspations IS to the next crops Then woe to the i'm
prudent and obstinate Spectator Who viii not have sold
in time The breaking will be couplee though
the promise the next hsrvests may not be very favor
able Az to this there can be doubt socs the mare
prospect Of peace negotiations is sufficient
from the market all buyers who have other objec than
70 aatis'y the current demand.
IAN branches Of oonmsrce feel this happy Influence"
says the journal du Hdrre.
The news Of Russa's acceptance of the Austrian uH
natum has been reechoca in H.vre BY important
when the despatch was received the began BY
the selling Of 900 bales Of cotton; Friday there had
ton sold Is estimated at bales independent Of that
negotiated from shpr whose arrival Is expected which Is
valued at 600 baesin the WHOLE H. 100 bales Prices
Even the retail sales experienced this favorable
tion at which nobody can be sueprsed for whatever
econe;se in their clothing, and is well that 1t
Ii the masses who support the retail trade.
On the WHOLE more favorable prospect opens before
usthe renewed activity OF industrial operations and o.
current Transaction and steady decline in the OF
breadssu but do not wish to this emeii 1rahon
traders therefore cannot do better han conclude BY
quoting the following soand reflections from the Ech'
at would be difficult to tell precisely, at present. to
what point the conclusion Of peace would lower prices
but actual prices high that decline Of 10 or l6
per would leave them ct III above their normal rates
If you aed these considerations that after series Of
three bad crops following close upon another there
pres sumption that shall have better crops, you
win easily stand that all circumstances combias to
suggest the trade the greatest crcumspscon. The
campaign Of 1866 assumes from tho present moment
entirely different aspect in this position the review
Of what has occurred during the week. anterior to this
influence, would really afford NO interest"