FLOUR. Review of the Market for Howard-st. for the year 1851.-January opened with some sales at $4 561, but prices soon declined to $4 50, until the 7th, when $4 56 was obtained, and sales were made at that rate until near the close, when prices again declined to $4 50. February-Sales $4 50 until the 14th, when $4 434 was submitted to, which continued to be the price until the 25th, when sales were made at $4 371, closing steady at that rate. MarchSales generally made at $4 374; occasionally $4 31 was taken. At the close there was more activity, with a good demand at $4 374. April-On the 8th $4 50 was obtained, on the 17th $4 561, and on the 18th $4 624. Declined to $4 56 on the 25th, to $4 50 on the 26th, and closed, not very firm, at $4 374. May-Moderate sales at $4 374 until the 10th, when $4 31 was taken. On the 15th and 16th some sales were made at $4 25. From the 17th to 26th $4 311 was obtained for small lots, and then $4 25 was again submitted to. On the 29th and 30th sales at $4 124, closing firm with no sellers at that rate. JuneSales at $4 25 until the 9th, when prices declined to $4 124, with sales at that until the 21st, when $4 06 was taken. At the close $4 124 was obtained, with a fair demand. July-On the 5th $4 25 was obtained, but declined again on the 9th to $4 12, which continued to be the rate for fresh ground old, with sales of small lots of new at $4 25. August-On the 4th prices declined to $4. On the 19th $3 87 was taken, with sales at that price for cash, and $4 on time, until the close. September-Sales at $3 87 and $4, cash and time, until the 6th, from which date the market continued very dull and inactive, with small sales at $3 874, until the 25th, when a better feeling prevailed, and $3 934 was obtained, closing steady at that price. October-Sales at $3 93 and $3 874 until the 23d, when $3 81 was taken, closing at that rate with a moderate demand. November-Moderate sales at $3 81 until the 20th, when $3 75 was submitted to. On the 24th sales were again made at $3 814, and at the close $3 874 was obtained. December-Sales at $3 87 until the 6th, when $5 was reached, which has continued to be the ruling price, with an occasional sale at $3 934; market closing firm at $4, with sales of 2,500 barrels.

GRAIN. As stated in our general remarks on this subject last year, we find it impossible to give the actual figures showing the extent of the Grain trade, owing to the inability or unwillingness of some of the dealers to enlighten us. We however endeavor, with the assistance of some of the largest operators, to give a correct estimated amount of the business of the year, and trust that hereafter we may be enabled to give a more statistical account, which the importance of the trade fully justifies.

Wheat. The crop this year has come in of superior quality and good condition, and is undoubtedly the largest ever made in this section, owing to a very favorable season and the free use of guano and other stimulants to the soil, and prices have been correspondingly low. The receipts are estimated to have been 2,600,000 bus., being an increase of 300,000 bus. over those of last year, of which millers have taken about 1,750,000 bus., and shippers 850,000 bus., the larger portion of which has gone to neighboring markets, though the shipments to Europe have been considerably more than those of the previous year. In the early part of the year the prices of the old crop, which was mostly of inferior quality, varied from 85 to 105 cts. In July the new crop made its appearance, and opened at 87 a 90 cts. for red, and 90 a 95 cts. for white; increased receipts depressed prices, and there was almost a continual decline until October, when it reached the lowest point, say 68 a 73 cts. for good to prime red, and 75 a 82 cts. for good to prime white. In November prices again rallied, and there has been a steady advance since, up to the closing of navigation. We would here remark that the proportion of white wheat has increased on that of former years, and the quantity it is believed now exceeds largely that of red.

Corn. The receipts of this article in 1851 are estimated to have been about 2,650,000 bus., which exhibits a falling off from the previous year of about 600,000 bus. This deficiency is not attributed to any change of the trade to other markets, but to the very short crop of 1850, and the early closing of the navigation by ice this winter. The shipments early in the year and in the

summer were very large to the South, and prices were well sustained in comparison with the Northern markets, which caused a large falling off in the shipments Eastward, their supplies being drawn mostly from New York, from whence several cargoes of common corn were brought here by distillers and others. The price in January started at 58 a 62 cts., but the large Southern orders in February and March put them up to 65 a 68 cts.; in April prices declined, and since have ruled at from 56 a 63 cts.; the new crop has sold at 50 a 56 cts.

Oats. The crop of oats has proved a short one, and receipts are generally estimated below those of last year, certainly to the extent of 150,000 bushels; we put the receipts down at 450.000 bushels, nearly all of which has gone into domestic consumption. The market opened in January at 43 a 50 cts., but later in the season declined to 36 a 40 cts. New oats appeared on the 24th of August, and sold at 28 a 33 cts. Since then there has been a gradual advance and firm market; sales in December at 34 a 37 cts.

Rye. The receipts have been equal to the demand, nearly all of which has been supplied from our own immediate resources, distillers not being compelled as formerly to draw their supplies from New York. Prices in the first half of the year were 66 a 72 cts. On the coming in of the new crop they declined to 62 a 66 cts., but have since improved, and been very steady for some time at 70 a 72 cts. We must here say that the very low price of wheat in October caused a substitution by distillers of this article to some extent in the place of rye.

TABLE OF INSPECTIONS OF WHEAT AND RYE FLOUR, AND
ELEVEN YEARS.
-Corn Meal.-
Bbls.

CORN MEAL, FOR THE LAST

Year.

Flour.
Bbls.

Hhds.

Hf. bbls.

Rye Flour. Bbis. Hf. bbls.

Barley. The receipts of this article of grain are a mere nothing, except what is purchased in New York by our brewers, which amounts to many thousand bushels. There are many localities in the Chesapeake Bay well adapted to its growth, and the prices would fully justify some of our enterprising farmers turning their attention to it, and endeavoring to supply at least the domestic market. They would find a ready sale for it."

B. E. Peas and White Beans. In these articles we have to note a falling off of nearly one-half on the receipts compared with last year; the prices have been remunerative, and the market steady at 70 a 75 ets. for peas, and 150 a 160 ets. for beans. The crop has proved a short one.

GUANO. Peruvian. Within the last three or four years the use of this article has increased to a very remarkable extent in the States of Maryland, Virginia, and Pennsylvania, and also in the adjoining States, as the annual increase in the quantity imported at the port of Baltimore would seem to indicate. The cargo

price has ruled steady during the past year, at $47 20 per ton in the spring, and and $48 20 in the fall.

There have been several cargoes of Patagonian imported the last year, but the article is not much sought after.

IMPORTS OF PERUVIAN GUANO AT BALTIMORE, FROM JANUARY 1, TO DECEMBER 31, FOR

HIDES. The foreign importations at the port of Baltimore the past year are not so large as the preceding. The stock in hand on the 1st of January last, was 20,000. Rio Grande were then held at 14 cts., and Laguayra and Porto Cabello at 11 a 12 cts.; these prices were maintained throughout the spring and summer months on account of the light importations, but the approach of fall brought an increase of imports both here and at the Eastward, and prices fell; since then the market has remained dull and inactive. Rio Grande and River Plate, 20 a 23 lb., quoted nominally at 11 a 13 cts.; green salted, at 54 a 6 cts. Stock on hand 1st instant: River Plate 25,300; Rio Grande, 18,000; Spanish Main, Porto Cabello, and Laguayra, 4,000; West Indies, 1,500, and California green and dry, 3,000, in all 51,800.

LEATHER. The market at present is very inactive, our tanners having on hand large stock and very little demand. This state of things has continued for the last four months, during which prices have declined, the quotations at present being, for rough skirting, 18 a 204 cts.; slaughter sole 18 a 21 cts., and Spanish sole, 16 a 19 cts. per lb. The following are the inspections since 1837, embracing a period of nine years, and showing a steady increase in the trade of this article:

[In each of the above years are included the inspections in Fredericktown, averaging from 8,000 to 12,000 sides.]

LUMBER. This branch of the trade of Baltimore now occupies a place in the front rank in extent and importance. The general features of the experience of the past year do not materially differ from those of 1850, although the mild winter of 1850-51, leaving no ice for freshets, and the long continued drouth which prevailed in the spring and part of the summer months, were the causes of much irregularity in the receipts and consequent fluctuation in prices; notwithstanding, the supply on the whole has been fully equal to that of former seasons, whilst it is believed by some to have been rather less than last year's. Prices have been well sustained, and the business of the year has resulted prosperously-the downward tendency manifested towards the close of the season being more owing to the stringency of the money market than to any other cause, although it may be remarked that some few cargoes were sold to the manufacturers at ruinous prices, from other reasons we are told than an overstock or the scarcity of money. The stocks, both in first hands and in the yards, are considered quite light, and the supply about the same as usual at this period. We referred in our last Annual Statement to the opening of a trade with Canada; the quantity of lumber received from that region in 1851 has more than doubled, which is owing to two causes the first of which does not often happen: we refer to the great scarcity of water in the Susquehanna and its branches, there not only being an insufficiency to run the article to market, but also to enable manufacturers to continue operations; the second is the superiority of Canada lumber over any other now used, yet we are informed that the west branch of the Susquehanna will furnish an article equal if not superior to that from Canada, and that in all probability during the current year there will be brought to this city considerable quantities from regions which have lately been opened on the above branch. We also note a greatly increased trade, of

late, with Bangor and other ports of Maine, for the heavier articles of building lumber.

INSPECTIONS OF LUMBER AT BALTIMORE FOR THE LAST FOUR YEARS.

In addition to the above, the Baltimore and Susquehanna Railroad brought to the city of Baltimore during the year 1851 about 9,000.000 feet-making the total receipts in 1851, inspected and uninspected, 69,018,611 feet, which, as compared with those of 1850, show a falling off of about 6,000,000 feet. This is owing to causes above stated.

PROVISIONS. We are unable to lay before our readers at this time the receipts of this large and important branch of trade-those by the way of New Orleans in 1851, show a falling off of more than one-half as compared with the previous year-but the receipts of bulk meat and bacon per railroads and canals, were quite large. In consequence of the prevailing high prices last year, resulting from the short crop of hogs, the number taken by salters was small. The season proved profitable to dealers generally, on account of the continually advancing market, which was produced, not by any speculative disposition, but by the steady consumptive demand from the South. On the 1st of January, 1851, the stock of barreled pork on hand in all of the Northern cities of the Atlantic, was estimated, (in round numbers,) at 10,000 barrels, and on the 1st of the present month not over 15,000 barrels, showing a deficiency of 85,000 barrels. The stock now in this market does not exceed 800 barrels. By the official returns of cattle in Ohio, as made up by the county assessors, we find a deficiency this year from 1850, of 206,824 head of hogs, and from that of 1849 of 511,029-from these figures, which constitute the most reliable data upon which an opinion can be based at this stage of the season, we are led to believe that the number of hogs slaughtered this season will fall considerably short of last year. We publish below a tabular statement of the range of prices in this market for 1851.

SALT. The importations of this article during the latter part of the year have been light, sales from vessel being made at $1 10 per sack for ground alum, and for a short period, on account of its scarcity, at $1 20; but subsequently prices declined. The season is now pretty well over. The last cargo of direct importation sold for $1 06 per sack for ground alum, and $1 30 for common brands of fine.

RECEIPTS OF SALT AT BALTIMORE FOR THE YEAR ENDING DECEMBER 31.

SPIRITS. There has been a great falling off in the amount of sales of wines and spirituous liquors during the past year, and prices have been very low, affording poor profits to importers.

TOBACCO. On the 1st of January, 1851, the stock in our public and private warehouses was 11,529 hhds. The total inspections during the year amounted to 42,742 hhds., which, added to the stock on hand in January, made an aggregate of 54,271 hhds. Of this amount there have been shipped, as is seen by the statement annexed, 36,572 hhds., leaving the stock on hand on 1st inst., 17,699 hhds. showing an increase of 6,170 hhds. upon that of last year.

The foreign exports the past year show a decrease from 1850 of 10,334 hhds., and those coastwise, of 5,860, making a total decrease in foreign and coastwise, of 16,294 hhds. The purchases of yellow and spangled Ohio for Austria and Russia, sum up about 3,500 hhds., a larger quantity than usual; and the superior selections and moderate prices of red descriptions, France not being a competitor, induced larger purchases for the Rhine. We review the course of the market as follows: The quotations in January were, for Maryland good ordinary $550 a $6 75; middling $7 to $8, and good to fine, from $8 50 to $10; for Ohio inferior to good common, $5 25 a $5 75; good red and spangled, $6 a $7 50; good and fine red and spangled, $8 a $11. The very reduced stock on hand at this time occasioned much firmness on the part of holders, and the inspections continuing light, prices were well maintained, with sales of upwards of 2,000 hhds. Maryland during the month, consisting principally of middling to fine leafy, at $6 to $8. Towards the close of March the receipts began to grow heavier, though amounting at the end of the first three months, to but 2,123 hhds., whilst the exports in the same period reached 2,734 hhds., leaving a stock on hand of only 10,066 hhds., the smallest quantity in our warehouses at any one time for a number of years. In April the market began to decline, and prices continued depressed until the quotations were, in June, for Maryland common to good ordinary, $4 50 a $6; middling, $6 a $6 50; good to fine brown, $7 50 a $8, and for Ohio reds, $5 a $7 50, and spangled and yellow $6 50 a $13. Near the close of June very unfavorable accounts were received from Planters in Marylaud, to the effect that the crop was suffering from the drouth; and this intelligence continuing for several weeks, served to impart more firmness to factors, and a large portion of the stock was temporarily withdrawn from the market. Owing to this, sales of Maryland were made in July at an advance of 25 cts. per 100 lbs., upon prices paid three months previously. The market remained with this feeling until early in August, whilst for Ohio descriptions, in consequence of the limited demand, it was difficult to obtain former prices, particularly for reds; since then the tendency for both Maryland and Ohio has continued downward. The crop of Maryland turned out to be inferior to that of other years, and all the grades of this growth, from common to fine qualities, are now selling at an average of $1 50 to $2 per 100 lbs. less than at the commencement of the season. The crop of Ohio was likewise very inferior; all the descriptions, however, of yellow and spangled brought fair prices until near the middle of October, since when they have been neglected. In the absence of the usual demand for France this year, the descriptions of red Ohio tobacco suitable for that government have continued to decline from the opening of the business, and the quotations are now much lower, with a stock left over of about 6,000 hhds. We quote present prices, viz.; for Maryland frosted, $3 a 3 50; common to good ordinary, $3 50 a 4 50; middling, $5 a 6, and good to fine brown, $7 to 8 a $9. Ohio, for inferior to good common, $4 a 5; good red and spangled, $5 50 a 6 50; good and fine red and spangled, $7 to $10: good and fine yellow, $11 to $13. Prices of Ohio as quoted only nominal.