New-York daily tribune., 1843-08-22

arrived al lEIs Polt teS'eio"t "
tol. with intelligence but one day later rom loi
don. She had rough and stormy passage and
br;nos l2O passengers. Her news will be found
condensed in the following letter from our Lon
don correspondent:
Correspondence OF The Tribune
LospoS .lh August, 1913
DrAs SIR: Since the departure OF the last
steamer. the Stock Market has rallied and lead
nq ENGLISH Securities have advanced and remain
firm. In Foreign Securities there has been very
little change In general business, with the ex-
ception of the iron trade and the shipping interests
there has been decided improvement. PEices
of most articles of importance have advanced
and will be maintained The home trade Is also
imnroving-the manufacturers are generally en-
ployed with every prospect OF continuing So
The nrofts are not large, but the operatives are
getting full employment. The moderate and even
nr;ces which cotton has maintained Tor some
time enables the spnners to keep their mils at
work. and creates steady demand Tor the raw
material which will be found to result much bet
ter for the parties interested than the tuctuatlng
and speculative demand which was so long ruling
in this country.
The import Of provisions from the u 5 has not
from various causes afforded such profit to the
importers as will induce dealers here to send out
orders for farther supplies. All that has arrived
previous to this season has been unsuted to the
market from the way in which 1t was packed
The arrivals of this season are better meat anG
better put up; but the prices asked have been too
high for the market; but as there has been I'M
provement in the price OF provisions generally
sales will be probably made The quotations OF
prices from your SIDE for most articles which you
export, are much too high to allow much margin
for import here.
Though we have had much broken weather
which has retarded the rpenlng of the crops, yet
there is no doubt Of our having an average harvest,
though it will be late There has been much
larger breadth OF wheat planted than usual, the
most of which promises we'll; if there is any de-
ficicncy it will be in barley but that is doubtful.
Prices of grain have advanced, but 1t arises from
shortncss of supply which is usual before harvest,
and not from any fear of the crops The writer
has personally visited the principal wheat lands
and never them looking better. The iron
trade is in most deporable state, both from want
of demand and overproductlon. A few years
since it was very profitable trade and capitalists
were induced to embark largely in it the result
was great competition and necessarily less profit
The supply has eventually exceeded the demand,
and in consequence several OF the principal works
have gone out Of blast. The very leading hous,
has failed which has been followed by others on a
smaller scale this has thrown thousands Of pco-
pie out Of employ and who are almost starving.
AS there is not the remotcst prospect of improve
ment it is to be feared that the distress will con.
tinuc to increase the import duty placed on iron
in the U. S. has much added to the difficulties OF
this trade.
Several counties in Wales are much disturbed
by the riotous proceedings of the Rebeccaites,
who continue their pranks in spite OF strong anG
native military force The reason of their success
is, that they have the sympathies of the larger
part Of the community with them; they have
been long suffering under most oppressive sys
tenn of tolls and other local taxes, for which they
could get no redress. The attention of the Gov
eminent is now directed to these matters, and nc
doubt as soon as change is made, all Will be
quiet There is nothing political in the difficulty
all is purely local.
The Repeal question is rather langulshlng.-
O'Connell has well feathered his nest; the runt
has poured in upon him. but he now wants mate
rial to agitate upon. The old subjects arc nearly
exhausted, and as the Duke of Wellington anc
the Ministers have determined not to interfere un
less the law is violated. (Which Dan does not do,
for which they prepared, there is but little left
for him to do except pocket the rint and abus'
your sympathizers, who have so suddenly tune,
round upon him. The Repeal meetings on you,
side have furnished amusement tor those her,
who are familiar with the U. s.
In Spain, the Regent (Espartcro has been
worsted, and is skulking between Seville and Ca.
diz, while the victorious party are already quar-
rcling among themselves. All is anarchy, ant
it is impossible to say which faction will rule
next. 1t is strange jumble Of intrigue and
French interference. The news from India. both
political and commercial, is very good. From
China the news is also favorable. The trade to
the North is said to be brisk, and the Americans
are taking their share of it.
Money continues very abundant, and is hardly
worth per cent. to capitalists. Confidence is
restored, and it only needs maintenance of the
present improvement in trade to induce more
general circulation of the capital which is now
unemployed.
Father Mathew is in London, and is daily ad.
ministering the pledge 10 thousands of ali classes
He is very popular his earnest and unassuming
dcmeanor delights every one. He is accompa
MED by Earl Stanhope, a nobleman of great in.