The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-08-19


secondary Importance. But there can be little doubt
that II would arm the Anti Corn Law party with
voice potential as double as the Dukes" We write
on the evening OF the fourth OF August. The wea-
ther yesterday was cold and squally During the
night the rain fell in heavy torrents To-day the
sun mas been chary OF his presence, and the advance
OF each day renders matters more critical Warmth
and sunshine appear to have taken their departure,
and IN no instance has the proveTbal hckleness OF
our climate been more apparent.
The weather has already began to influence the
corn markets. In London the rise has been con-
siderable, and the quotations indicate not so much
the business done the fears which prevail. In
the Liverpool market, on Friday and Saturday,
prices improved considerably, and the market
closed firm at an advance on the previous quota
tons. The same influence has and will be expe-
renced in the other great corn markets OF the king
dom. There are professional croakers busy in
giving the most gloomy picture OF present appear
ances, and the "rogues In gram" are proverblal
for having little sympathy with the rest of the
world. Spectators are now beginning to count the
odds against the weather-how successfully short
time will show. The character of the weather,
during the next fortnight, will decide the fortunes
OF thousands and involve the fate of parties and Of
cabinets.
As this is the subject of the week, we have be-
slowed the utmost care in presenting Canadian
and United States readers with comprehensive
and correct return of the principal Corn markets in
Great Britain II will be seen from these ample de-
tails, that the upward price of Grain during the last
month has been steady and uniform, and that the
article Is dearer now by Us to l4s per quarter than
It was at the corresponding period in July AT Liv-
erpoo, on the last market day, Foreign Flour i'm
proved from Is. to IS. per barrel, and Wheat up
wards of Sd. per 70 lbs. AS a large supply will be
looked for from North America where the recent
accounts represent the crops as being prolific
the subject IS of the last importance to CONNER
clal readers, and to it we direct their special atten-
ton. Even with fine weather, 1t is believed, so
low are the stocks, that the recent advance will be
maintained; and, if H.. worst apprehensions are
real in laQc han a fror,,f
may be at SOS. or even Sos. per quarter. II depend
is to be placed in the accounts from the Baltic
ports the produce of Wheat in the districts where it is
extensively grown is likely to be very deficient
At Dinzlg good deal of speculation has been going
on, and prices equal to IFS. per quarter, free on
board, have, 1t is said, been paid. For supplies re-
celved from the INTERIOR down the Vlstula, 34s. to
36s. have been realised. AT Rostock and the lower
Baltic ports BIS. per quarter, free on board, have
been given, and even at these rates only limited
quantity could be had. AT Stettin nearly the same
rates have ruled In short, the least additional ex-
element would send up the price of Wheat alarm
The state OF the weather has been making itself
fet in the cotton market. The gloomy atmosphere
oflast week chilled all disposition for business and
prices on the middlng kinds of American declined
Id. per h. The sales of the week only 81, 900.
Yesterday, however, the market rallied lttle spe
culators were nbbling, and matters wore more
healthy appearance. The sales were 5000 bags, and
of this quantity 5000 American were taken on specu-
been no change worthy of notice. Business remains
in nearly the condition as at the sailing OF the
last packet, with, perhaps, less buoyancy of feeling,
owing to circumstances at which we have already
glanced.
In the Iron trade there has been more dong OF
late. The price OF Pig Iron has been reduced in
Glasgow, where it commands E3 Is Cd. per ton,
and in Liverpool E3 l5s. Bars realize E7 l2s cd.
10 Ct lbs. The price of Rails rules FROM f9 los to
El0 per ton.
The intelligence which came to hand recently,
alat, the current half years interest, due on the
stock Of PENNSYLVANIA, would not be paid-at leas,
tor the present-has had an injurious effect on the
price OF American securities generally. 1t will be
seen that the prices of most kinds Of the
of the United States have suffered in public estma-
ton, and this shock to confidence can only be re-
stored by speedy return to promptness and regular
ity.
Serions fears of a failure of the harvest
now begin to be felt. The weather has been
far from favorable for the harvest. The sup
ply OF grain AT present in the country svery limited,
and a failure OF the coming crop would be serious
Inconvenience The stock of United States flour in
Liverpool, under lock, consists OF 1886 bbls; of
which about 900 are sweet, the remainder sour
should the new wheat want help, this article owing
to the low coarse quality Of the Baltic wheat, viii
be of unusual virtue, as II will give strength and
color also.
PARLrAMENTARy.-Th last few days have been
unfortunately rife IN railway accidents. Misfor-
tunes 1t is said seldom come singly and the Gala
mites OF locomotive transit strengthen the correct
ness of the axiom. Lord Palmerston brought the
subject before the House of Commons, and coupled
1t, strangely enough, with a strong condemnatory
peroration on the defenceless state of our sea-
board. With regard TO travelling by rail, the
Premier threatened, unless the directors used a
keener supervision over their servants, to ease
them OF the duty and transfer it to the hands of the
Executive Governmental threat which will proba-
bly, work speedy and permanent cure. On the
subject OF national protection he evnced less appre-
henson and seemed to chde the fears of his assai-
ant; war seems remote, but the best mode
OF keeping il so is to be prepared for it at all
times. Cnpidlty is often excited by contrary
policy The present is the age of mechanical
wonder, and In deciding the fate of nations by
nent part hereafter, the field-marshal has done
In times gone by It Is this consciousness of living
under circumstances different from our fathers
that has probably inspired Lord Palmerston with
his patriotic mlsglvlngs
Mr.. Felden, one Of the members for Oldham-a
large manufacturer, and a gentleman of extreme
political opinions-showed, in an able speech. the
other night, how grindingly oppressive the income
tax can be made. even In the case of an obstrepo-
rous member of Parliament. Mr.. Fieldn's wealth
and credit enabled him to make statement which
would have been the ruin OF smaller man-that
his business, SO far from yielding profit, entailed
an actual loss. The commissioners treated his
assertion, even his OATH with indifference. They
first assessed lns business as producing Ell, 900
profit, and then, on appeal, unceremonlously re-
duced the amount TO Ssl200O-for refusing to pay
ulc MA On WHICH, the OIflcerS OIL the Government
dstrained on his goods But although he made
out his case, he obtained no redress. He merely
succeeded in proving what every one knew to be a
tact, that many are obliged to pay this most nqui'
sltoral and oppressive tax the caprice OF the
mssoners choose to levy it, frsm the fear of worse
consequences-that of revealing their pecuniary
nakedness.
The Slave-trade Treaty Bill which seeks to rem
der the subjects of Brazil amenable to English law
courts. and TO treat them pirates, has met with
becoming, but frultless, opposition
America, Texas, and Mexico.
II Mexico be powerless, France neuter, and Eng.
land indifferent, Texas is no longer separate and
independent republic, but annexed" TO the United
states Inc Texan Congress-, after an amiable
struggle between the Senate and House of Repre-
senatlves MS to which should have the glory of ore-
mating the measure, have consented to let The
pie ana territory OF The republic of Texas be erected
into new State, to be called the State of Texas.