The southern press., 1851-10-18
Correspondence of the Commercial Advertiser.

LUNDONs otpL oU, 1901. %
The healthful state of trade and the buoyant
condition Of the money market, the approach
of which had long been foreseen, have further
developed themselves during the past few days
The bullion at the Bank of England is steadily
increasing, and by the end of the present week
it will most probably have attained higher
amount than at any former period of the year.
The quotations Of the continental exchanges
likewise tend to encourage an expectation Of
speedy arrivals Of specie from the principal for
egn cities, so that the augmentation is likely to
be continuous and permanent. Yesterday, more.
over, the news by the fortnightly overland mail
announced n revival in the Indian markets, whose
depressed condition has for some time been
drawback to the improvement in business else
where.
The prospects for the coming winter are there.
fore felt to be more favorable than they were
even at the corresponding season Of last year.
The employment Of fhe people is general, and
at one manufacturing town of the greatest i'm.
portance, Nottingham, where some thousands Of
persons were thrown out Of occupation few
months since, by the substitution OF great me-
chanical improvements in the place of hand labor,
il is now said that not only are the whole of the
population ut work, but that new b nds are
wanted,
Tho cause of this addition TO previous pros
perity is TO be found in the satisfactory nature
Of the harvest, which seems TO have been good
average In all parts Of the kingdom. Although
the price of wheat IL lower than last season, the
fall has not been to anything like an extent
that will counteract the gain Of the farmer from
his additional quantity. Foreigners are now
unable TO send il TO US ut our own prices, and a
belief il consequently entertained that there will
-. f..xfh ,f,n mt Aacl;n. frn,, ~.
rates. In France IL appears 10 have been ascer
tained that the crop Is one-fourth less than an
average.
AT the same time the probability still remains
that some farther failures in London and Liver.
pool may take place before Christmas, among
the importers OF produce. The speculations Of
several houses are known To have resulted in
such severe losses that their suspension u all but
inevitable. None Of the really influential es-
Adjustments, however. are at all doubted. The
pressure IL confined 10 second or third rate
firms Even among these the mischief has not
been 30 great as was anticipated, and as some of
them have kept up thus far against the general
expectation, IL is Just possible that the growing
confidence in all departments Of business may
yet prove sufficiently poweFful to carry them
through.
The rapid approach Of the day for closing the
Great Exhibition has again stimulated the in
terest of the public in everything relating 10 il.
The average number Of visiters u now as large
AZ ut any period. Yesterday the total was
So 542, being within 5000 Of the highest ever
reached, and to-day the crowd continues. Next
Saturday week, the 18th Of October, will be the
last occasion on which the public will be adj
mitted. On the Monday and Tuesday following,
the exhibitors will DO allowed TO enter, each
having the privilege of taking two friends, and
on the next day, Wednesday, the 18th, they are
10 attend meeting Of the royal commissioners
within The building, which, rs far any snnouce-
ment has yet been made. will constitute the ter
mination Of the undertaking. Should such be
the case, however, il will create disappointment.
although all parties are so thankful and satisfied
at the prosperous course which has attended II
throughout, that few will be disposed 10 com.
plain. Some persons dJsiFs religious cere-
mony, and this would undoubtedly be univer.
sally regarded rs the mode which should be
adopted, we're il not that all such events are
marred IN this country by the feeling oonst quent
upon the displays they furnish Of the exclusive
position of the ministers Of the established
church.
A strong impression now prevails that very
shortly after the closing, the building will be
removed, but only for the purpose Of it's re-erec-
ton en- the banks Of the Thames at Battersea,
on the opposite side TO the new Houses Of Par
liament, and about mile higher up. A new
public park Is to be formed in that locality. and
the convenient access to Il by steamboats,. bridges
and roads, would make il most desirable site
for a winter garden, while the peculiar features
Of the long line Of building would have an Of
feet from the river, superior TO anything now
attained. The expenses Of the formation Of the
park are met by parliamentary granite, and II The
crystal palace should be removed there, vote
would doubtless be applied for by the govern
msnt 10 meet al the necessary outlay. The
surplus proceeds Of the Exhibitionsit Is under.
stood, will certainly not be appropriated by the