Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-09-22
4 UK OPEAN NEMs
''Hs'e0odenee ofthe Coarisr 3 Enquirer.
LONDON Ssnt,rhe 9od taI


LONDON, September 2nd is42.
"ea'her has remained superb during the
'"'e SINCE your last accounts, and the harvest bs
projected rapidly in all parts wh.r. III. eroos
Usually 'ater then in the south Of ENGLAND -. IN
Ireland and Scotland, where sbon, one h,,e =, -.
gram Is cut; but no important par, i, renamed -
nave yet been housed. Over the whole If E,,,.ra
south OF The Humber, the crops are fully secured
ana every description OF gain is OF the zines, kind.
iaii m the value OF wheat, amounting to al.
most panic in The market, has tsken place du:ins
we 'as' ten days. This is owing 10 the sudden
.Ve'a'ion from the bounded warehouses of more
t"'n million OF quarters foreign whea,-,he IN.
Usually early harveH-the Circumstance ,bs, IN.
hardness Of the grain allows i, to b. ,hre,b.d forth
""n-snd the poverty Of many or the farmer, who
cannot even pay their Iaborets wi,bop, ,,,., os
~heat-wiih vague though unfsunded alarm A.
''her'' that exceedingly low prices will pre-
,' ''''shout The whole ofihe ensuing year. The
'' ~ price mas been eon'eq uen,ly at the rate f3,
PER "eeK-the weekly averages Of the king.
oom nave fallen to SIS. in only three weeks. and
TUE cu'y on foreign wheat vas yesterday q, I2,
per quarter, and on forsn -four, g. 3d.-vith IN.
certainty from the state Of the averages OF r.ng TO
los. or los 81 FER quarter, IN the course Of single
month. This Is an unfortunate chang. in the trade
SO ir as the expectation Of -four from the United
states has been reckon.i upon a, en- important az.
distance 10 the revival OF business on both aides of
the Ai'anc Ocean. And at this time there is nj the
prospect OF duties amounting TO the former prohib<
IONS and that meat will be the only American or
uc'e' eaiaoie IN England, which will be freely ad-
nr''ed unceT tie new tariff system Of Sir Robet,
Peel.
But there isl better prospec, for the cotton trade
which already is considerably hrm,r, po,vithuand,
ing the recent difficulties between the manufacturer
and operatives; and although the accounts Of The
'ls' TWO steamships she- IN enormous growing crop
10 me United States, yet the stocks in Europe are
'o"er than at the same time in Is4l and the ware
houses are almost exhausted OF goods, while the de.
lhaho must be greatly stimulated in the home mar
Ae' oy The large fall in the prices of provisions,
winch aiier years Of almost an impo.siLili,y of re
neWins The clothing Of families, will now leave
general surplus for that purpose, should il no, he
ma'eHaly eounterseted by the deficiency Of en-
poyment in the continued depression Of the tre;sn
%Aoe OIL the country, in which there is no prospect
o. any improvement IN ts creates, outlets as seen
the accounts received this morning from the Eas,
l"o'es and China, and by the change in the corn
ouues' which will continue to cripple the busine,,
with the Unned States. There il. bouev., o.
nera opinion iha, cotton viii advance in prices.
Tie intelligence received in an,icin,,;on oe .
Indian mail is very unfavorab as the vv,r. :, AT
shsn'''an and China present no appearance If n
'e''nna"o'i the armies in both Countries are dis
"esSea ana despondins, ana in Afshauistan were
IN eonsef oil annhlition # no, speedily withdrawn
inese accounts have teen the cause Of a senetal
suspension OF business in the funds, tea marke, ana
city generally, and the further intelligence has b..o
expected hourly 10y express from Paris: bu, non,
mas arrived at The latest hour for the Great Was,.
which deiers much to the intervening d.v and n.
Acadia steam ship. Strong hopes are entertained
mat the news, which comes from Marseilles broush
Negtaph 10 PaTis' has Ieen exaggerated, as other.
wise u IS thought thai heavy blow mus, be con
s'defed 10 have been given to all British now., il;
thu eastern world.
Inc Loudon market is very aLunjantlv supnl;.d
win ca P''AI at this time-the English Funds hay.
attained extremely high quotations, and ar a,
nouneemsn' has appeared from the Bank Of Fro
land lowering the rate OF interest TO 81 De, cent,
American securities were totally nes,s.,.A
'e''ee'ys transaction bsns heard Of, sud the &C
counts oy each steam ship being almost worse than
before The loan for the General Governmen, a..
not been mentioned for some days past, and III.
Commissioner, MIR Robinson, is travelling in Ger
many the last accounts from him being from
o-den' a iAshlonaoe watering place, where there !,
not much to be done in the business Of osgo,;,,in.
the sale Of bonds.
io~afd' the close Of The corn market this after.
noon' was observed that rally took place in the
value OF wheat, which IS the only mercantile change
al the dav