The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-10-16

from EnSianu VIII De Dy the steamship CaleuO-
MIA. She will be due tomorrow at Boston, and
will probably arrive on that day the day after.
Her news will be of great importance in more
ways than one.
II will inform us whether the Great Britain sail.
ed on the appointed day or not, and thus dissi-
pate the fears that entertained of her safety,
or engender very serious apprehensions of her
fate 1t will also give the true state of the pro-
duce market, and the price of American corn and
provisions
Wewould caution the public against being de-
ceived by spectators in these articles, coniding
in any representations they may make-and re-
commend them to look to the Extra Herald for
reliable and authentic information of English
quotations. This will be published Immediately
after the news is received in this city
Those having cotton, corn, or flour for sale, had
better keep wide awake from now till after the
news is published.
Condition or the Crops-specuIations and
Spectators.
Wehave, from time to time, given very full ex-
tracts from all the authorities at our command,
relating to the prospects, &c, the principal agr
cultural staples of this country. 1t is pretty &C.
Morally conceded that the grain harvests in every
section of the Union, will be more than an ave-
rage, and that the quality is of very superior
der Prices for breadstuffs have, for some time
past, been subject to great fluctuations but they
rule much higher now than they did some weeks
ago, and we have no doubt they will continue to
advance for several weeks to come. tits our inn
preston that prices will reach the maximum
within the next thirty days, and those who wish to
take advantage of the excitement at its height will
have to realize within that time. The harvests
Of Europe generally, are undoubtedly deficient
1t would be folly to doubt it; but we have been
so frequently deceived by the accounts from the
other side in relation to the crops, having almost
invariably found them grossly exaggerated, that
we are disposed to look upon those we receive by
every packet, as being as wide from the truth as
those of former years The speculation which
follows the receipt of such reports generally re.
suits in ruin to hundreds--we might say thousands;
and it would be well for those involved in the
movement to be wary, and put their houses in
order for a sudden collapse.
In relation to cotton, the reports which we daily
give from the cotton growing section of the coun.
try, speak for themselves. In some parts, par
ticularly the Atlantic coast, there will be full
average yield but in the interior, the worm, &c..
have done their worst Still, we believe, there
win VIC Cotuon enough, cVcH III TIC cVcHt Vi our
crop, now maturing, amounting to no more than
eighteen hundred thousand bales. -
While upon this subject, we have few
remarks to make in relation to an article
which appeared in the Savannah Repnb-
tican, from correspondent Of that paper,
dated New York, September %, purporng to
give an account of the cotton operations going
forward in this market, but really written to ac-
cophphsh specific purpose, viz: to injure the re-
ptation Of this paper for general correctness, and
by gross insinuatons, based on fabric of which
the winter has not, and from the nature of the
case could not have, any personal knowledge, to
injure and call in question, by cowardy anony-
nous attacks, the character of most estimabe
citizen.
The article was handed to us by an emf
nent and wealthy merchant in this city, TO
notice. We, rs a general rule, do not notice
anonymous attacks but as the public press in a
far of city, has been used to attack private cha
racter here, we will state, what we presume is
well known, that our cotton information, and COM
mercal news generally, is derived from such
as, from long experience, we deem the best
and most reliable; and readers know it far sur
passes other papers in general correctness. In
times of speculation like the present period, while
immense interests are at stake, it is impossible at
all times, to state sales accurately; as, in many
cases, the immediate parties concerned will not
allow them to transpire. And again, the opera
tons of the day are variously reported, to nffu-
ence the market-sales greatly magnified, &C.,
when the operations are small and the general
appearance Of things dull Our rule has always
been, never to stimulate prices, or in an excited
and rising market, quote extreme sales; and il
we err at all, we would prefer that our quota
tons, spread before the forty thousand readers OF
this paper shall, at all times, be little below, in
stead of over the rate of the day, as our iniorma-
ton is to guide shipments to this market from
other ports.
To show we are not in error in our quotations,
as attracted by this writer, we give the prices
current on each day.
INLAND Florida. NJ Orleans
Tuesday, Sept a2d
wKDskspsr, Sept 2sd.-Af er infor ming our readers
that prices were so full feel ourselves called upon
TO change our quotations.
We are said to quote
Middling fair. .oIss1i e,4as,s e'tal0
Well, what does this show Why, simply that
for the las, few days the former extreme quota
tons had been exceeded, and the new cnes were
currently paid, particularly on the last day
We have called upon the gentleman so
grossly alluded to in the article in question, in
form us whom he supposes the author TO be, rs
we are DESTROYS of giving his profile in our next
weekly edition ; and, we regret to say, he has no
idea: but from certain circumstances, he is in
duced to suspect an individual said to be from
England, who was formerly supposed to be paid
writer for the paper alluded to, but we believe
now broker in this market, whose private char
acter is well known, and will in due season be-
oome known to the whole community on the hear
plg ola chanccry suit, in which great and new
commercial principles are involved.