, 1861-11-08
The Corn Trade Of France,
Correspondence Of Mark Lane Exprees,1

IAtIs. SATURDAY Evening, Uct. II.
Tic situation OF financial afIafrs is beginning tn
excite the spp1ehe:,sions cf politiciaus here: in
consequence of the rapid diminution Ct specie in
the Bank Of F1anes E, The ~ sqa withdrawn iast
counted had increased s3p00,co0 francs, aud
amounted in all to SO, CUO,t0O francs, ($21,-
TGs, goo franes (e31 $685. This state Of
things fs owing in great measure 10 the larse
iszpeEts.iens Ct foreign wheat ard -four; bat
to canse alarm Just st the opening Of a winier
which, however mild, is likely to 6e one OF great
tufleIirs to the people, in consequence Of the
OF bread and meat. Large dIaughts UPON
the the public treasures :iaye also been made
ior Iailways. foreign loans: the improvements
hae written On tits SUBJECT IN the Ssna,e Ti,saa a.
ciere, e1onerates the bark from al blame in the
matter, and declares that establishment TO have
IL % Il nanes the
N gEaln have been entirely free from all
interference Of the bank, further than advancing
ment this last fact is not absolutely asserted bat
it Is fairly to be inferred from the whole tenor
Of the report, which, while 1t clears the Bank Of
Frazce, necessarily throws the onus npon a higher
Eoarer, because no power secondary to the Bank
could possets Influence enough to compel the in
stitntion to involve itselft sach an extent.
week, aGoIdiDg the farmers favorable opp0rtuli
II for getting forward the antumnal wheat sow-
ing. Raln, however, te much waited IN the south
and centre, ard in many parts where the Eoi is
light and sandy, It Is Eot possible to SOW the land
u1til ram falls. The impoTtatIo1s Of foreign grain
continue to be very large at Marseilles, Ha7re,
Dunds1k, Nantes, and Bordeaux, IS we'll as along
he inland frontier, chiefly. At stEasbon,g. b
Hhieh the supplies from Hungary are !scsived:
1t is believed, however, tha5 the bulk OF
the imports had already arrived, sid that
they are not to large an amount as to cause sny
serious or permanent reduction in prices. The
fmpQItations for the last Two months. Alter de-
ductiug the exports, amonnt to 2.s2S.sS4 metHcsl
npiat4Ie Of wheat and -four q, ,2265 5s9 qrs.), and
S3J OM met qufnt. Of inferior grain 0i,952 ora }.
These ave unusually 1a:se foreign supplies for
France, but they are stIQ very Inadequate to the
ahaolnte wants OF the country, and must be fol-
lowed st no ietant period by still larger importa-
tione II the deficiency In the late harvest Il to be
madegood. On The other hand the competition
On the foreign markets with the Ensliah
buyers has scarcely commenced; for
such has been the reserve diep1syed bv
tie latter, that they haya allowed the French
merchants to run of with four-11fths Of the sup
pIles at New York, as well as In the Black
sea and the Ea1tic 1t 10 probable they think That
now the r ench have slackened their purchases,
they will be able to come into the different mM-
| ksts On better terms; but we strongly suspect
they VIII find themselves mistaken, and that the
American and other grain exporters will avail
themselves Of the acknowledged wants Of England
and France to obtain much higher price than that
which rules At present.