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. i. i.JLY .., l'OHT OF THE…

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i. i.JLY l'OHT OF THE COltS TRADE. (From the Ifitrie Lane Express) The xes-thcr—which at the commencement of the pa-i "week had every appsaranee of a decided and perma ;e',i thaw—resumed its win:ry aspect on Tuesday, and b fame severe again on Thursday, with a continue fall of an.")- drilled by a catting cast wind. The corn trade has continued to present a dull appaar ance, with somewhat declining prices, and transaction" have been wholly unimportant. This mar be accounts for by the fact that business in general has been extreme! languid in all its branches, from the continuance of th'. disastrous war, the termination of which seems as ve very remole, though it may be hi tied, from the anti.-i paterl vigour of the Palmerston Ministry, that succssfu negotiations for a peace -t-iil be shortly effected, or th i such a powerful warlike demonstration of the n:1,ill:]" Wiil, in concert with equal vigour on the part of it, Aihes, will convince the Emperor of All the Russia* that he is aU wrong," and must either right himself or b set to rights in earnest. Stocks in granary, indeed, are everywhere so low, tha* any blight up m the prospect of a coming harvest, with Russia's ports sealed up by cannon, would mil; us ver\ anxious to count -the st icks in firn r;' ricky ird«; bu speculators at present rates only show themselves "few and far between," some of the olden time having depart..d penniless, and none of this telegraphic age, with free trade before tbem,being desirous of such retinnent. Un- der these c we leave it to casuists to decide whether the patience of holicts most resemble a "neces- sity" or a "virtue." At the JLondon market, on Mon lav, the supplies of English Wheat were unimportant; but there was a fair quantity of Fiour-.per railway. The Foreign imports up to the previous Saturday had been considerable, several of the cargoes being on millers' account, and the then dim state of trade causing the principal portion to be ordered forthwith to granary, to meet a livelier demand in improved condition. Toe little that was done was 't' id only effected at the previous rates, Friday's firmer t me being evidently lost. The fiour trade was equally slack. First quality was unaltered in price. Country and households, where sales were pressed, brought somewhat less m iney. Bartey was of unusually heavy sale—the best samples at an unaltered price, but inferior descriptions were easier to buy. Malt was difficult to quit, and sales could only be pro- I ceeded with at a slight reduction in value. It appears < that the sale of malt lipuors of late has been very much reduced. The heavy arrival of Foreign Oats made it difficult for -factors to quit without a redaction at 6.1. to Is. per qr. Beans were also rather cheaper, though the supply was altogether scanty. Boiling Peas continued neglected, and the thaw then apparent made their depression still greater, the supply of foreign being quite beyond the uaual demand. Grey Peas also were Is. cheaper. At Liverpool, on Tuesday, the attendance of buyers was unusually small, and the business done equally so, with prices of Wheat nominally as 011 the previous mar- ket day. At Hull, on the same day, there was a fair supply of English Wheat, with less of Foreign. The trade was very irregular, farmers being indifferent about making sales, and millers equally so about increasing their stocks. No quotable change was therefore made in prices. At Leeds, on the same day, with small arrivals of Wheat. millers were determined not to purchase unless at a reduction of Is. per qr. Flour was Is. per sack cheaper. Barley, 6d. per 3201bs. lower, and dull at the abatement. Oats, Beans, and Peas, 6d. per boll less money. At Edinburgh they noted a falling off in the supplies. and an improved demand for Wheat without increase of price. Barley and Oats unchanged in value. Beans rather higher. At Boston there was a fair show of Wheat, which, to- gether with Oats, sold at Is. less money. Quotations for the former—red 67s. to 71s., white 72s. to 76s. Oats, 25s. to 27s. per qr. On Wednesday the London market was altogether bare o fresh supplies, 2,800 qrs. of Foreign Wheat excepted. Buyers, however, having satisfied their present wants, absented themselves, and it was a tiresome holiday, though prices of W.ieat, with the return of cold weather in ear- nest, were fully supported. Oats, the late supply having mostlv passe 1 into dealers' and consumers' hands, were very firmly held. Barley, Beans, and Peas neglected, as on the previous market d:ty. The Irish markets note the limited amount of their stocks, an 1 generally show a tone ab )ve those of England and Scotland. The long continuance of drv weather 'v'o t there had thrown some of the mills out of work at Cork, but bakers, though in stocks, kept on the reserve, being influenced to do so by market advices from England. Wheat had been more plentifully exhibited, the farmers being obliged to thrash for fodder, but they were never- theless disinclined to submit to anv reduction. At Stowmarket, on Thursday, Wheat and Barley were in plentiful supply, anl prices unaltered. They have good arrivals of red Cioverseed in L^se^c, prices ranging from 50s. to 64s. per cwt., white 76s. to 803. Trefrl 21s. to 23s. On ]\idaytaeL-<ndon corn market presented a very inanimate appearance, though there was very little English Wheat, only a small quantity of foreign report -d. Of Oats there were very lew. Som; of Monday's English W heat samples were still hanging ab »ut, and omy found customers slowly at the previous rates, but the better quantities of foreign were rather more sought fur by the few buyers in attendance. Oat3, the late giut having passed away, were placed to needy consumers at about 61. over Monday's rates, bur there was little wholesale inquiry, though som; foreign coming were sold free on board at rather over late rites. Buyers still i )ok on to satisfy th.ir wants in the ex- pected arrivals of Irish, which but for contrary winds would bj here in tolerable plenty. The long passage, however, of reaiy of these cargoes, and complete closing 'of the foreign ports, may induce a more eager purchase on their arrival than is now manifest. Barley, Beans, and Peas remained without alteration. JJv observation, it has been found that the weather of late has been 8 degrees cokltr for this period of the year than it has been experienced for the last thirty-eight years. All this, however, is, with the fall of snow, favourable to the Wheat crop, which is of unusual breadth, well got in, and a fine stock of plants showing cn the ground. At Liverpool, on Friday last, they report liberal ar- rivals of Oats from Ireland, consisting of 4,215 qrs. vv heat and everytning else insignificant. There was a very slender attendance of buyers, and some holders net- ting impatient would have been glad to effect sales at less money; bat this being impracticable, prices re- mained nominally as before. 0 its had some inouirv, but busines in them was effected at Old. decline per 4-tiibs aimeal in statu quo. Beans were the turn dearer, from an improved demand; but Barley and Peas were un- sought. Very little Indian Corn was ottering, and bolders were enabled to realize the extreme rates of the previous luesday. To a stoppage of the supplies of Wheat from Russia must be attributed the present high range of prices. In ■ISO.J it appears that that country alone exported no less a quantity than six millions of qrs. America, with a detective crop of Wheat, and enormausly high prices, Cannot be depended on excepting for a large quantity of Ti!" .T,LE CROP °f ^uich is unusually abundant. Ihe lullowing comparative prices of Wheat at about the close of last Dec. tell the effects of war, and the pro- bable results of peace ■Baltic ports (very light stock)— 18-54. 18-52. £ aa!zi? Wheat 73s. 73s. Komgsberg 683- 63s_ Rostock. „ 70s. 73s. StetUn It 649. 70s. Av. Of these ports „ 793. 70s. New York 777" Montreal Alexandria „n$' Constantinople g^s" 4~S" Russian Ports (oppressed)— Taganrog ]lfl 32s 14»* 30s. 4d. ?!i » 25s* 25s- £ rtcha"SeI 14s. 30s. 6d. Petersburg 21s Average of 5 Russian ports for best Wheat 51a ZA. Thus we see that a state of war makes Wheat at Con- etantinople and Alexandria of no less than thrice the value that is placed on it at comparatively neighbouring Russian ports. °

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