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THE BRITISH CORN TRADE.|

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THE BRITISH CORN TRADE. (From the Mark Lane Express Monday.) Under the present aspect of affairs it is with no ordinary satisfaction that we note the almost completion of the important process of Wheat-sowing with favourable cir- cumstances the breadth we learn being as extensive as prudent and legal limitation will allow in England, while in the South of Ireland this is reported to be beyond pre- cedent. In early-sown places where the plant is up, it has a vigorous and promising look, and with the blessing of a forward season there will be a proportionate diminution of anxiety as to the holding out of present stocks and fo- reign supplies. There is no immediate pressure except in the way of price, and this has been lessened by the contin- uation of falling markets, after the heavy reduction of the former week, by a general abatement of about 2s. per qr. more on all qualities of new Wheat but so far as fine old is concerned it has only placed :it more in reserve, as holders being certain that it cannot be replaced, have pressed nothing on the market. The discouragements pro- duced by the deterioration of the weather, and a conse- quent fall in price,, seems already to have partially influ- enced the supplies in the country markets which seem less than of late, Flcur excepted. Frost, however, being more frequent, with fine drying winds, we may shortly expect drier samples and unless the rumours of peace be better founded, some reaction in favour of the growers seems probable. Our prices arc now below those of Holland, Belgium, and some paits of Germany, and the urgent de- mands of Turkey have at least temporily closed the Ports of Spain against us and, as investigation into the cereal produce of Europe proceeds, we are only more convinced that there has been very little exaggeration in the general reports of deficiency. While the arrivals at the several seabords of America continue in excess of the demand, the unusual rates everywhere preserve a quiet aspect in the trade but should it turn out that her surplus has been over-estimated, the season must close with a sharp action, and the richest country be best provided. Foreign demand this week has not been active, the prices making it a some- what hand to mouth affair but we rely upon it as certain that, with more or less regularity, we shall not be clear of continental custom till next harvest. Cargoes afloat have neither been numerous nor much sought. Egyptian Wheat is held at 58s. for extra fine: more is demanded. The sales of home growth last week were 117,40-5 qrs., at 83s. Id. in the previous season they were 109,070 qrs., at 74s. 4d. The foreign arrivals have only been 27,438 qrs. The whole sup- ply of Corn in London during the past week has been un- usually small. The Wheat market on Monday commenced on a previous week's supply of 9,000 qrs. home grown, and 2,700 qrs. foreign 800 qrs. of the latter were from the East Indies. The exports however were small, viz., nly 185 qrs. The morning's supply of English was very moderate, but the condition not being fine, with a large supply of Flour, and some talk of peace, tliedull aspect ot the previous Monday was resumed, and millers appeared wholly indifferent about getting further into stock, unless at much easier rates. At the Kentish stands a concession of 2s. was made, and some business was transacted but the Essexs factors deeming it unnecessary to lower prices, had to carry over most of their samples for the chances of another market. Scarcely any inquiry was made for foreign parcels, and quotations remained unaltered. On Wednesday there were 870 qrs. per coast and 690 foreign. English factors being little disposed with such arrivals to concede anything in price, very little was done. On Friday, with only 250 qrs. more per coast, and a mere cotchel of foreign, the renewed ru- mours of peace seemed so to influence buyers, that to make sales it was necessary to accept 2s. less for new Wheat, though fine old and foreign were firmly held at previous rates. The arrival of country Flour consisted of 20,734 sacks, from the continent there were 400 sacks, and from America 10,117 brls. This large supply not meeting with an ade- quate foreign demand, the upward tendency of Norfolks through the week was lost, and they became difficult to quit at 59s. Samples of American were not pressed, but to make sales some abatement was necessary, though hardly quotable. Spanish having become scarce through the ex- port demand was unaltered, as well as the top price of town-made qualities. On Wednesday we received per coast 920 sacks, and 100 sacks foreign. The dulness of the pre- vious day continued, and some sales of Norfolk were then made at "585. 3d. On Friday there being only 570 more sacks per coast, and nothing from abroad, the trade was slightly improved, Xorfulks making 58s. 6d. with more facility, and fair American btinging40s. per brl. Scarcely any foreign Barley had appeared, the week's total being only 135 qrs., but English samples were increased to 8,900 qrs., and there was a further fair show in the morn- ing from Kent and Essex. Brewers having made an early selection of a few fine lots for malting, everything below this description became difficult of sale, and could only be placed at I S. per qr. leas money. On Wednesday there were 1,380 qrs. per coast, arid no foreign still the trade was heavy, and tendency of prices doivnwards. With scarcely 800 qrs. more per coast, and not a single addition of foreign through the week, the market was so dull that sales could not be made without submitting to some reduc- tion on Monday's quotations for even the best malting qualities, the other sorts being still more difficult to quit. Malt, without quotable change of value, has been a very slow sale. About the average quantity of foreign Oats was reported, viz., 20,300 qrs. the Irish were only 2,863 qrs., the con- trary winds keeping them out; the remaining 2,000 were English and Scotch. Very sweet heavy parcels of old foreign, though a slow sale, could hardly be called cheaper but all new sorts were to be had at 6d. per qr. abatement, and on parcels out of condition the reduction was greater, with increased difficulty of sale. On Wednesday the re- ceipts of Oats were trilling, the foreign being under 2,000 qrs. business, however, was strictly consumptive, the late regular arrivals having placed dealers amply in stock. On Friday, with literally nothing up, no movement was per- ceptible, and with little more than granary samples show- ing, and these not numerous, the trade continued in the same inactive state, an expectation of Irish supplies making buyers hold off with indifference. Of Beans, in all, there were but 909 qrs., 130 only being foreign. There were 1,600 foreign Peas, and GOO English. Both these descriptions of pulse, excepting the very choicest old, were Is. per qr. cheaper, with an exceedingly languid demand a retail trade only has continued through the week, with a little more inquiry for both boiling and hog Peas, at unaltered prices. Of Linseed there were but 1,057 qrs. The scantiness of the supply, however, did not further improve prices, and the successive enhancements in value left business slack. Graziers have lately laid in their stocks for Christmas, the same aspect for both Cakes and Linseed has continued. The high rates demanded for Cloverseed previous to the commencement of the season has been a barrier to the lay- ing in of stock on the part of dealers, who seem disposed rather to take the chance of future supplies than anticipate the trade. The extravagant rates paid for brown Mustard- seed, from its great scarcity, has somewhat favourably influenced the prices of white in the hands of holders. Tares, Canary, Hempseed, and seeds for the purpose of confectionary, much as last quoted. This week has shown a greater equality in the pace of the London with the country markets—the reported dulness and partial decline of Monday having had a nearly universal influence, but not to a point of much depression. Hull, Gainsborough, Melton Mowbray, Lewes, Lynn, and Leeds were dull, but hardly cheaper for fine dry Wheat. Binning ham, Spalding, Boston, Woodbridge, Wakefield, Newark, and Ipswich report Is. per qr. less. Bristol, Louth, Man- chester, and Market Easen were Is. to 2s. cheaper. Liver- pool, on Tuesday, noted a decline of Id. to 2d. per 701bs. on red American on Friday, at the close of the market, there was a tendency upwards, and with some slight conces- sion much might have been sold. Indian Corn 45s. 6d. Spring Corn has generally been reported rather lower, and there has been a decided reduction of Is. to 2s. on Barley, and on Beans and Peas about Is. Country Flour has been a heavy sale, and somewhat easier. Reports from Scotland are similar. In some localities potatoes are not said to keep well, but the generally-re- ported large produce will, we hope, make up these local defects. Glasgow and Edinburgh were about Is. to 2s. cheaper for new Wheat, and lower also for Barley. Ireland has felt the influence of English markets, and the general reports are dull; so advices from Dublin, Belfast, Cork, and Waterford describe their several markets, with, however, less fall in Wheat than here.

FOREIGN CORN TRADE. I

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DECORATIONS IN THE CHURCHES…

I DESTRUCTION OF WORKS OF…

I MONEY MARKET AND CITY INTELLIGENCE.

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RAILWAY SHARES. I

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LONDON OlZlIIt |

I CARMARTHEN CORN RETURNS.

WEEKLY CALENDAR.