The Union and eastern journal. [volume] (Biddeford [Me.]) 1854-1858, 1856-04-11
Interesting to Flour Spectators.

The Detroit Advertiser OF the Goth makes
tho following statement, which may be q
word IN season to those who are holding on
to their -four and grain in the expectation
Of getting higher prices for il:
. " A firm in this city, whose name we
could easily give, have shipped to New York
since last harvest, about $4,000 barrels OF
-four, all Of which was brought for, and
shipped to tho English markets. This -four
is still undisposcd Of in England, and let
tiers were received by the steamer Persia
from the English house which holds ii, to
the New York house by whom IL was pur-
chased lin connection with which the house
in this city opentes,) stating that much OF
the -four IL unfit for human food, that they
dare not place il upon the market, and can
not do 80 except at u very great loss. The
letter also states that the loss which will be
sustained in this unfortunate business will
cxceei 50 per barrel, besides the relinquish-
ment OF all interest aud commissions, and
asks the New York house to sustain n por-
ton OF the loss. We give the facts exactly
rs they come to Us, for the truth Of which,
10 far rs the letters are concerned, we are
able to vouch. Those who aro holding -four
and wheat for higher prices can draw their
own conclusions"
With large stocks grain in the interior,
and strong prospect Of peace in Europe we
may reasonably hope to purchase the staff
Of life as soon as navigation fully opens, at
something less than famine prices. Il is
pretty well understood that heavy stocks Of
breadstuifs have accumulated at various
points in the interior, which the resumption
of canal and river navigation will render
available. The commercial writer Of the
New York Tine, learns that at Chicago
there is now an available stock Of bread.
stuas equivalent to about $4,000 bbls., Of
-four, 10000 bushels Of wheat, 0o,OC0
bushels of corn, and % 900 bushels Of 9TH
er varieties Of grain. Along the Illinois
river, from Ottawa to Peoria, there is in
store n stock Of over i 1000 900 bushels Of
corn. At Bath, H., tho reported stock Of
corn, in store, exceeds LIS, 900 bushels, with
nearly as much moro expected to reach that
point ere the resumption Of navigation
At Lockport, Morris and Joliet, H., ther,
are about zoe, 900 bushels Of corn available.
At Milwaukee, Wis. the stock Of bread
stuffs is computed at about $1,000 bushel,
Of grain, chiefly wheat. At Buffalo, ". Y
the latest calculation placed the stock liz
tie above G0,Oo0 bbls. Of -four, and 700, O0t
bushels ofgrain-,he latter consisting prin
cipally Of wheat. The available stock in
New York and vicinity II variously estimat
ed,-but the writer has the aequiesccnee o.
some usually well.informed parties, in esti
mating il somewhat near 10000 bbls. o.
-four, SOC, 900 bushels ofwhcat, and 500 ,OOt
bushels Of corn, and an unusually Arg'
amount Of oats. and an ample stock Of rye.
The writer says;
"Such supplies Of Brcadstufs, with thos,
at other points not yet heard from. and the
large quantity Of Grain known TO exist in
the hands Of our farmers that they mus
eventually dispose Of, il is thought, viii b,
sufficient 70 satisfy all our own requirements
and afford q handsome surplus 70 export, al
low prices, up 10 harvest time. Hence hold.
crs do not evince any great reluctance tc
sell what they have TO dispose Of at prevail.
inc rates, while purchasers are not inclined
20 buy moro than they really need, as they
look for an easier market later in the sea.
son."