The New York herald., 1845-10-20

BY GOVERNMENT EXPRESS.
ARRIVAL OF THE
STEAMSHIP HIBERNIA,
SEVEN DAYS LATER W
FROM EUROPE.
DECLINE IN COTTON.
FIRMNEsS IN THE CORN MARKET,
PERILOuS CONDITION OF THE HARVEST.
Inactivity Of the Produce Market.
Increase Of the Railroad Mania.
ARRIVAL of the OVERLAND MAIL.
O'CONNEll ON THE WING,
MAR X e rs,
&c., SO.
Increase Of the Railroad Mania.
ARRIVAL Of the OVERLAND MAIL
o'coNNELL ON THE WING,
M A n X e II 8
&c., SO.

by Government Express, our regular files OF Europe
an journals, brought by the Hibemia The news
general resume Of which we gve-will be found
of unusual interest to all classes of citizens, but
more especially to those engaged in commercial and
agricultural pursuits.
The Hibernia telegraphed from the station
OF the Merchants Exchange, Boston, on Sunday NOR
ning at IS minutes past 6e'cock, at which time she
was 20 miles east of the lower station, and 80 miles
from Boston.
| She arrived at her wharf in East Boston, at 81
o'clock, bringing seven days later news from Eu-
rope, and making her passage in fifteen days. She
sailed from Liverpool on the 4th inst
| The Hibernia brought out 81 passengers.
The arrival of the steamer Caledonia, occurred on
Sunday, the 28th ut, after an excellent voyage of
eleven days and halt, including her stay at Hall
fax. Ship Stephen Whitney, arrived on the Both
On the Sd instant, at noon, the Massachusetts, with
auxiliary screw propeller, arrived; and late on the
4th, they received by the Great Western papers to
the 18th ut
Washington Irving had not arrived at PARIS on the
3Oth Sept.
The Corn market continues firm: and the fine
weather which prevailed last week at the sailing of
he steamer, having been followed by repeated and
heavy falls of ran the market, in the early part of
the present week. acquired additional iirmness, and
continues so, with slight drawback, at the present
time Large quantities of Flour are daily arriving
from the United States and Canada and from the
nature of the advces recently sent the Allan
tic, the supaly from those quarters, there is every
reason to believe, will increase. From the cause,
at which we glanced our last publication, the i'm
port rate on Wheat has advanced to 1Ss-the result
of the inferior qualities thrown on the market.
The import duty on flour is now l0s l0d per bar
rel In some instances, recently, Irish flour has re-
cededls per sack, and Canadian Sd per barrel, in
fiuenced by the large arrivals from the West, which
amount, since Monday, to nearly 5000 barrels
The Cotton market, which was dull this day
week, at the sailing OF the Great Britain still con
tinues in an inactive state. The quotations on mcs
descriptions, except Sea Islands, have receded id
per lb., and at the time of writing, the market is
heavy, with downward tendency. The absorbing
feeling IN railway shares may have partially contri-
buted to this, and the rising price of provisions,
with the approach of winter also to be taken into
account. The Committee Of Brokers have declared
the price for the present week to be-Bowed, AID;
Mobile, 4jd and Orleans, 3D.
The produce markets not so active as they
have been. Rice is less in demand. Sugar has re-
cededa little, with less enquiry, while the price Of
foreign coffee has improved shade
The rate of interest in England is rising, in conse-
quence of the scarcity Of money, superinduced by
railway speculation. Some of the lar5e discount
houses decline to take any bills at an interest
OF less than three per cent English stocks, which
L IL -. 4
their former prices, and consos closed at 9St for
mouey, and 98} for account Exchequer bills stand
at 45s. to Ats. prem.
AS the settlement in the share market has pa ssed
over toerably well, speculation has taken new
bound, and the new announcements are grasped al
with amazing avidty. There has been little doing
In the colonial lines, the rage being confined to the
new projects in the British islands
The accounts received from the manufacturing
Districts since the sailing of the Great Britain, are
OF satisfactory nature In the great woollen marts
OF Leeds and Huddersfeld, the stock of cloths on
hand is somewhat small manufacturers were busily
employed especially in the getting out goods for the
winter season. Prices seem likely to advance. The
The flannel market at Rochdae is in thriving con-
dton; as is also that of Halifax, where the demand
is good, ano sales rather easily effected For the
Bradford, there is ready sale, at remuneratng
prices.
The HARvEsr-The reports which have reached
US since our last respecting the progress made with
the harvest in the north, not of character to
alay the excitement previously felt on the subject
The heavy rain which fell up the 2lst instant was
succeeded by dry, but unusually cold weather
Sharp frosts were experienced on the nights of the
22nd and 23rd instant, and though the Temperature
has since risen, the shift OF wind TO the southwark
1 threatens "A Ot Vpf The n ~
ther has hitherto been OF too short duration to ad
init OF much corn being carried, and the extreme
cold has prevented that not before ripe making
much progress towards maturity. IL IS, therefore.
feared-and not without reason--that the more
backward parts Of the kingdom may fare even
worse than the south; and as the reports of the
yield from the forward districts do not by anymeans
improve as thrashing is proceeded WITH the est,
mates OF the results OF the harvest become daily
more dlscouraglng. These conside eratons have had
their effect on the minds OF sellers as well buyers,
and, with greater inclination to purchase, less dis,
4 position has been maclfested to sell. The upward
movement has, consequently, cuntinued, and al
some OF the principal markets materially enhanced
terms have been paid for Wheat
! BY our Scotch advlces we learn that harvest one
railons, which had been interrupted by the heavy
rain that fell between the 10th and I'D, had again
been actively resumed y; will, nevertheless require
some weeks OF dry weather to get In wha, ls still
abroad The lively reports from the south had
caused sellers OF wheat TO demand materially en-
hanced terms. AT Edinburgh the article rose about
3s per ar. and at Glasgow the rise amounted TO Is
I'd per boil, being equal to 5s per qr. Much anxiety
was felt there to ascertain in how far the potato crop
had been injured by the disease go prevalent in Eng
land, but as nothing very positive is stated on the
subject we are inclined TO think the mischief is not
great ia that part Of the kingdom.
From Ireland, the complaints in regard to this
matter are, however, becoming general even along
the west Coast, where the crop previously stated
to have escaped injury the root has, it is stated,
been discovered 10 have been attacked In the south
ern parts OF the leland the bulk of the grain had
we are Informed, been got in, and even in the north
the fields were fast being cleared. On the whole,
we are disposed to think that the harvest will turn
out better in Ireland than in this side of the channel
me rise in the English markets had had the effect
and Oats ~ - 'o' "'''