, 1862-02-11

B1eadstNAb In Kn&land. \
The Max Lane Ezp1kss, Of the 1oth u1t.. ssya
the moiet weather has been very detrimental to
the condition Of the English wheat, aud the sam
pies brought to market bear no comparison with
tho early deliveries.
The settlement Of tho Trent nt1aiy has tended to
cause depression in the general markets; but "a
light receipts were anticipated both ftom America
aud the Baltic during the winter months. the
shove paper thinks TINT 'ptices are likely to
h11den.s'
The ease in the money market has contributed
towards emptying the granaries. Flour included,
there does not appear to be much above 55oGlo
"ars wheat on hand. which ts not fortnisht's
~supply for the United Kingdom A rally in
prices ie therefore looked for n the opening Of
Spring.
With regard to the prospects fr supply Of
breadatna for the next Elk months, it reviews the
wheat trade Of 1661-and states that In order to
supply the deficiency Of the crop Of 1850, it was
estimated that m importation Of 1e.0M,00o quar-
tiers was uecesa2ry-sdding: '"This estimate, eI.
*.trayagant as 1t wss deemed BY the merchants at
s.the time, was literally justified by the result.
mot only was that enormous quantity Of wheat
ssand four imported in the YER ending Septem-
t.ber j, 1851, 61tt it aras actually consumed"
The teaso1 Of 1S8l-6a commenced with AZ arer.
ace amount Of foreign wheat on hand, but with
fur less than average Of available old E1gaish
wheat, and IN acknowledged deficiency in the new
| crop Of 100000 quarters Adding to this the
average foreign importatinn., (5ooo.o00 qr=.) and
there il deficiency Of 90co 900 quarters, which It
will be necessary to import before the crop Of 1859
is harvested. How this large quantity lsto be OBJ
| tanned, is answered as follows:
| 1t appears by the official returns that the i'm
| r4u Cfx 1aa$ Hr7f fnur fFHu
/ the 25th December, 1861, amounted to 6,5o1 ,63l
Quarters, Of which there were received up TO the
51st August G.3i5,a31 quarters, leaving 2,9l22 2e3
| QnaIteIE--eay
From Jan. to Dec. s5 5...-....--.....S,557,63a
From Jan to Aug. 31.....~.---... 35'431
From Sept to Dec. .25.--..-.-..-.-.- I'll. .aR qrs
We have therefore received rather more thar
| half the quantity during the first four months o.
the season that we imported in the came period
in 1660 for as the entire importation from the ls
| September, 16GO, the Stat August, 1851, amounteG
to COO e00 quarters; and that from the 1st Jaan
ny to the 81 August, 1861, vas ,345 ~ quarters
the quantity in the first four months Of tue seaso1
must be as follows:
From Jan to Aug. a....--.......- 6,sa5,ss1
From Sept. 1st to Dec 81, 1s6o-... s,6st.5ss
: This account, If it ended TINS. would show
good front but it is not the whole case. OF thi
| 2x million quarters lin round numbers) We hny
alone to the fn G1
: lish wheat, leaving for our OWL Consumption ont
IL millions, the greater part OF which has alread
| gone into consumption tthc stock on hand not b.
= | ing larger than it was on the 3lst August, II
large, and we have still to import nearly eigt
e | million quarters in the seven or eiSi
months before next harvest will be avail
BE. In the face Of this requirement, We ha'
etil1 to compete with France, Holland, and 81
s,ium. all cf which were under a deficiency OF
feast onefon1th Of the crops OF wheat. Fran
has imported, up to the 3lsr Of December, abo
Is fonr million quarters, but her deficiency was
least eight millione: 60 that she Will still Wa
three OF four million quarters. It is probable th
when she is again buyer. which will be by the
. | ter end Of February or first Of March, the Frcn
E merchants viii come to the English market In pr
-, erence 10 going more distant untIeE{exceptl
* the Black Seal and supply herself at second ha
Nv Us she requires it. This Will affect the supply
- English wheat, as the French millers prefer Il
~ to the foreign, even at much greater price, Oh
'3o count of itswcight and freshness. Other demaz
80 upon us will probably spring up before the seas
-, il ended. We look therefore to stirring times
'<< the corn trade before many weeks have eapse
for although there is no probability OF prices
S. ing extrayagantly high, tTisk trade, which
bs expect to sec before long, will to certain exte
3tU have its effect on prices. We NAY add that Ill
-. home counties the farmers are forward with tt
-. wheat -th1ashing and the came is the case ror
80 most Of the grain-shippng ports, the French
-. ing purchased large quantities Of English Wh
... at the first Of the season. In the more dist
= parts Of the country there IS still q good deal
S1l wheat. but the holders will not sell. being
9Th suadcd that prices Will improve ~ the spring
!