The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1857-11-05

tho prices Of the Wednesday previous
This improvement has been caused by
the prospect Of an increased foreign de-
mand for BrcadstufTs, which is now
considered as certain to be experienced .
owing to the almos, outirJ destruction
of the Potato crop throughout Great
Britain, France, and somo other Euro .
pcan countries
The London Mark Lane Express, the
leading paper Of the grain interest in
IGt. Britain, estimates that 1900 900
qrs. Of Wheat, equal to 1000, 900 bush
els will be needed from this country, to
meet the demand in the British mar
kcts The largest amount ever export
cd from the U. States in one year was
in 1856, when the total exports reached
I2,3OI, ,293 grs. or over is millions Of
bushels.
AS the estimates of tho Express are
based chiefly upon official reports, great
confidence is placed i'm them by bust.
ness men, and the improvement that has
taken place since the receipt Of the adj
vices is attributable solely to that con-
Ifdcncc. for it will be observed that there
.had been no actual advance in prices at
Liverpool, before the departure Of the
steamer.
The Cincinnati Gazette, Of Thursday
, last, referring to this subject, remarks:
The Express estimates that present
, prices will be maintained through the
season. In this connection, it is i'm
e portant to romark that the stocks of
e brcadstufs on hand in Liverpool on the
Both Of June, and tho receipts up to
the 18th inst, show a deficiency, as
compared with last year, of 32LS72
It qrs Of wheat; 25G,g31 do corn; 1885,
- S36 bbls and lO,5OG sacks -four These
, facts account for the comparative stead
mess of the Liverpool market, notwith.
standing the prevailing panic and gen.
- cral depression. Prices may give way
l. slightly, but if we may rely upon the
h estimates from the other de, there is
no danger Of much low 4 rates being
. maintained for any time IL is more
IL probable that when advised Of the low
Il rates current on this side, European
n purchasers will enter the T. States mar
~ lcts largely.
The quotations for Ohio Flour by tn,
d Persia are equal to S7.44-being S2l.
il TO 2.24 above New York quotations
d 1t is probable we have not reached tht
lowest point of depression in the West
Our quotations are still above a ship
ping point, and they must go lower un
- less prices advance in New York Blu
that there is to be a season of grea
n depression is not possible. On the con
T trary, it is probable that We may oXper
st ience a season of speculative activity.
f. Itwould appear now that we are no
far from the period when a decided re
action will take place The condition
S, Of the European markets, the aspec
D. Of affairs in those countries whonc
e England expects large supplies, tn
alarming aspect of the potato disease i
l- Great Britain and frauce-all combin
r to ensure to the United States an exteu
10 siye market for our cereals, and at fai
s.. prices.
~ The same paper, Of Saturday, hold
= the following language:
De- As was shown i'm Thursdays Gazett
he we may expect a heavy foreign deman
re- for our cereals. Public and private aC
r., vices from the other side agree upo
,Ithis point. This will stimulate price
ld in this country. Another importar
in feature in favor Of high prices is I'll
e great deficiency in stocks on the Ea
no tern sea-board In New York the stoc
j.. is not over ono-half and probably NJ
-I' ono-third Of the amount usually held
to this period Of the season. The roccip
st. at tidc-water, from the opening Of nav
,et cation TO the 22d inst, show a fallir
off in the articles Of Wheat and Elol
n' Of coual to / POO, 900 barrels of the la
ter this decrease being almost fifty p
cont. Of the aggregate receipts in d
corresponding period last year. III
an falling-off in Corn has been equal
he large. the aggregate receipts being
.tb |OI7 900 bushels this season against
l.. S5O.O 600 bushels last year While su
plies have thus diminished, the hor
TX demand has fallen off but little, if an
,ut and the exports to Europe show only
mt moderate decrease, being, in Wheat al
lad Flour, equal to about 100000 brls.
y, the latter, and 962, ,975 bushels Corn.
be The season Of navigation is about
close, therefore, upon the lightost stO
of brcadstufTs held in New York
lg- many years. Upon the suspension
Lake navigation, the whole North-w,
ld will, to a great extent, be cut of frC
49, market, and the sea-board will be Z
nc pendent upon the Southwest for su
30, plies. to meet home and export dcmar
go From this section but little, compa
.so lively, has as yet been sent forward.
er Our barns and storo-houses are W
red filed, and, with our rivers and ra
,oo roads, there will be no difficulty
reaching market For our produce
and therefore, the prospect is decidedly
va s vorablo.
md 1bH