The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1847-09-18
Arrival OF the steamship Caledonia.
FIVE DAYS LATER FROM EU ROPE.

Arrival Of the steamship Caledonia.
FIVE DAYS LATER FROM EUROPE
LIVERPOOL, Aug. IS, loan.
A serious downward tendency has taken
place in the corn market since the sailing Of
the steamer ofthe 4,h, only occasionally ARES
ted by repeated broken weather, this however
has failed to give firm tone to the market,
though at yesterdays market, our quotations
were freely realized and more confdencs was
manifested among buyers. The prospects Of q
beautiful harvest at home, coupled with the
continued large imports Of foreign breadstuhs
forced upon our markets by the necessity Of
holders, must exercise still stronger dePress-
ing influence upou trade, and it may be fairly
inferred that the markets have n 1t yet retrogra-
ded to anything like the point to which they
appear destined to fall.
In the London markets. sing ular languor has
taken place, accelerated by the numerous hea-
Wy failures.
The cotton market continues dull at prices
rather an favor Of purchasers. Bowed Geor-
gia may be quoted at for ordinary to middling
64a6d; fair to good fair 7Aa7id; fine I'D; mid
ding ordinary to middling 6sa7id; good fair
Ted; fine 7ida8d; Alabams and Tennessee Or
binary to middling 64a6id; New Orrsaqj sprdi-
nary to middling 6ia6id; good fair 1ia8d |;
fine 8ia9d. Sea Island, ordinary to middling
iOal3d: good fair i5ai7d. 1t was hoped by
many that the unfavorable account ofthe grow
ing crop bro't by the last steamer, would give vi
tality TO the markets, but they did not have any
material effect.
The commercial and financial money mar
kets, owing to a variety of causes have become
seriously depressed since our last advices per
Cambria. Primary causes Of this state Of things
are advanced rates of discounts demanded by
by the Bank of England, whose example is
followed by the private and joint stock banks
Of the empire, and succession ;of failures in
the West India and American trade. Up to
last night the actual bankruptcy and stoppages
were little short Of 600 sterling, and
it is apprehended that many Of these will fall
heavily upon A merican houses.
Yesterday in London the public securities
had somewhat recovered from the depression Of
the preceding day, and Auctuated merely from
the turn OF the market.
Among manufacturers business wears gloo-
my aspect, nor will there be any improvement,
until restrictions shall be cascd. This is the
natural result Of a state Of things which rend-
ers oil bills Of longer dates than three months
unavailable, and which not only paralizes our
colonial trade, but seriously affects our com.
mercial transactio with America.
General Intelligence. rnmor was in ciIcp.
lation yesterday that Louis Philippe
assassinsted; but the London pape
morning bring no confirmation Of
The elections have nearly
increase in favor Of -
The Queen hass
tour will be compl
Lieut.. Monros,G
terdsy found q
cett, whom he
ago. The verdio>
siderable excitementV
The political aspect .!
enough. A fierce contes
the Government and the opposition
latter charges the ministry with corr I'd
the failure Of the financial ADMINISTERS The
French have lightly participated in the embar-
rssments caused by raising the rates Of discount
in England.
Portugal is quiet, and the Spanish forces have
been withdrawn from Oporto.
In Switzerland the Federal diet had required
the discrimination Of the Catholic Sindera.
bondos, being hostile to the general welfare Of
the country.
The accounts from Italy vary: the progress
OF liberal opinions, particularly in the Pspsl
States, is viewed with great alarm by both
France and Austria.
In Ireland the elections have been somewhat
more stormy than in this country, and the re-
turns will stand much as they did in the last
Parliament.
oConnell's funeral was celebrated with great
Pomp. The event has left no after excitemeur