Daily evening star. [volume] (Washington [D.C.]) 1852-1854, 1854-09-15
GEORGETOWN CORRESPONDENCE.

GsoRsErowA, September Is, 1854.
We were visited yesterday with one of the
most drenching rains We have had for many
months. For some four or five hours, il
poured down in perfect torrents, completely
deluging us After tho rain ceased, the sun
came out bright and warm, and this morning
the surrounding country seems to be rejoicing
over the general refreshing. As this rain
seems to have been general, We doubt not it
will have other good effects than simply the
watering Of the parched earth and withered
vegetation We think it will so far increase
the quantity Of water in our canal, as to en-.
able the navigation to be resumed, and thus
allow vast quantity of produce to find its
way to market It will also enable tho mil.
lers to resume their suspended operations
and as the general drought (Which prevented
the manufacture of -FOUR has been assigned az
the principal reason why the price of fou,
with Us, and in all the Atlantic cities, was
from two to three dollars above the price in
Liverpool and London, and no longer exists,
We think it more than likely that the decline,
which has already commenced, and which is
so very desirable to every consumer who is
not engaged in the trade, will continue until
this indispensable article of food comes down
to its real value. We are led to this conclu.
sion by the fact that it is now settled matter
that the newspaper reports Of short crops,
which caused SO much alarm among the people
generally, are in the main false, and that the
prospect for an abundant crop of breadstuffs
Of every kind in Europe never was better.
With the almost unlimited bank facilities
which our country affords, monopoly and spec
ulation may run wild, and those engaged in it
be enabled to control the markets to further
their own interests for awhile; but whom the
fact becomes established, as it is in the present
instance, that the supply is equal or superior
to the demand, they must yield. We saw this
fact demonstrated in tho -four specul alton of
1885 and 1887, and again in the memorable
Stsinberger cattle monopoly. And judging
from the signs Of the times, we should think
it prudent for those who have large quantities
Of breadstufs on hand to stand from under.
We have requested several times to call the
attention of the property owners to the dilapi
dated condition of some parts of the foot-ways
on High street. We hope those who are at
fault in the matter will see to it, and remove
the evil before the return of winter.
Our harbor for several days past has pre-
scented quite lively appearance. The num-
Der Of large and small crafts loading and un-
loading being quite large.
The offerings of beef cattle at Drover's Rest,
for the week, have amounted to 500 head, $50
of which were sold to District butchers, at
s2.S7i 1924, on the boof, equal to 81 IS q
81 rs nett. The balance were drove on to b al
timore. Old sheep and lambs, 81 so q $3.50
per head
Under the late foreign and northern news,
our -four and grain market has become very
much depressed, and prices have considerably
declined During the last few days -four as
declined from so to IS cents per Dbl, and
wheat from 10 to 20 cents per bushel During
the week there has been sales of 5000 to
10000 bushels white corn at 50 cents We
hardly think, however, that that price could
be obtained for the article this morning
SPECTATOR