, 1859-09-29

tFsum the New Ycsk Courier snd Enquirer, :6th.1
The prospect of m active shipment Of Bread
stuf1s TO Europe, eisber to the Continent or
TO Great Britain, this full, is not good, unless
there is u sufficient aayance in foreign markets
to Justify shippers in catering this market ut
about current prices, thus: Prime Spring Wheat
IL 10 per bushel Shipping State Flour, 81 50
ler barrel; Shipping ONO Flour, Is rs per bar
rcl.
There is but little, If indeed any ground to
hope that the requisite advance will take place
in the British or Coutinental markets. The
crops in nearly ali quarters are reported to be
tully an avcruge-in many cases superior both
rs regards quality and quantity. So there Will
probably not be any great deficiency to be made
up. The late Italian war has exercised d yery
depressing effect upon commercial enterprises
generally, dareating it entirely Of that spirit
which is essential 10 high prices for the great
staples. This influence mus, continue ~ be
felt for some time TO come; in FACT, this is insa'
7iabr the case. There is but one circumstance
favorable to exporters, which can be noticed in
this connection, aud tdat is the improved quail
ty Of the wheat Of this crop. and eonsequ emily
Ut the -four made from it, This amounts to 50
Or - cents per barrcl on Flour, and iu that pro-
norton on Wheat. The quotations. for Aneri-
can BreadsluGs, lately current in the British
markets, were based upon the Inferior products
Of last Year; and it may be, that when ihls crop
is offered, il will bring sufficient advance TO
Justify shipments hence at prices now ruling
IA this ua1ket. but to counterzst This is thr
general di>fATor into which the Inferior quail
i,y of previous crops has thrown American
aour. Another obstacle in be way Of a large
esnost Of ltsadstutfs 10 Great Britain or the
Continent, is the comparatively high rate Of
frricbt now demanded, with but little reason TO
rxpect materiaE abatement The best ihat can
bc now done to Liverpool is Cd sterilug per bn
TOR Nheat, and Is I'd to as sterling per barrel
,or 1u,.r, with very 'ilt!e room available. Ship
owners SHOW no disposition 10 solicit the buaa-
ness al these ra,es,-or, ut least, any important
decline from them,--and higher rates hare not
been maid to any extent in some years. The
steadil. diminishing for several years. 4 Large
cotton crop. great proportion Of which is to lie
transported to European ports, is now in tbe
process Of delivery ut the sea-board, and ship
| owners seem disposed to give this business the
preference over any now in prospect There is,
therefore, little reason 10 expect decline IN the
rates Of freight for Dreadstutfs 10 European
| ports.
The quantity Of Brcadstuffs on band in the
| country. when the new crop began to 6hd its
way to market, was 50 small, owing to the par
TIM failure Of The two preceding crops, that the
whole capacity Of the rarious mems Of trans
porta,ion, and the entire energies o! the trade,
will be required to provide suitable supplies lor
consumption during the period, when the priu-
| cjpai means Of traueporsatiou-the Creat uatu-
| tsi and artificial wafer courses-wiit be closed
by ice. The statement Of 1ss, 500 bbls u the
stock Of -four in this market on the LIST Of Sept,
is now generally admitted TO have been rather
over than under the mark, and leading and
most Intelligent receiver remarked on Change
on Saturday, that he bad "nerer known ibe
WAREHOUSES; Of this city to be 80 bare Of flour d.
they are Al this time." Although the quality Of
the deliveries from the new crop ia excellent, a
serious deficiency is experienced in the quantity
| FT.Jn ha of rhH Wild hue henn
.omewhat o1errated, but there are other causes.
yas. quantities are taken for consumption
on the way. This S,ate and pennsylsau,a, also
portion Of Ohio, arc active buyers Of wheat
aud -four in traasilu. and At the Western mar
keis. The wants Of the Eastern States for The
| next two months will be very great, from the
| fact that owing u the large decline which baa
been looked foF as certain TO follow the delivery
Of the new crop, the purchases for thst quarter
hare been only 10 supply immediate wants. Tht
| demand from the British Provinces 1t this mar.
ke., (which is regarded IS part Of our zeRula,
business, independent Of m expectation sdnu'