Daily constitutionalist. (Augusta, Ga.) 1846-1851, October 27, 1847, Image 2

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mimase. THE CONSTITUTIONALIST. I] JAMES GARDNER, Jr7|, TERNS. " i 1 Daily, per annum gG 00 . Tri-Weekly, per annum 600 | 11 paidiu advance 500 ( Weekly, per annum 300 < If paid in advance 250 ' 1 To Clubs, remitting $lO in advakik, FIVE COMES are sent. This will put our W eekly pa- 1 per in the reach of new subscribers at < TWO DOLLARS A YEAR. < fljySubscribers who will pay up arrearages, and j send four now subscribers, with the money, can get the paper at $2 00* fFT’AII new subscriptions must be paid in ad vance. (UPPost age must be paid on all communications and letters of business. Truth and Error. BY RICHARD HENRY WILDE. There is a tuneful river lu Erin’s isle, W here the sunbeams quiver In silvery smile; Where the leaves that fail ’Neath the autumn sky, Grow gcm-like all, And never die — And such is the stream by Truth enlightened. That leaves the breast by W isdom brightened, Where even the joys that storms dissever. Are turned to gems that glow forever. There is a darkling tide In thy Indian clime, By whose herblcss side There’s a sulphury slime— To the flowV that touches A scorching wave— To the bird that approaches A weltering grave. And such are the waters of bitterness, rising, In the desert bosom of dark disguising : And the birds of joy and the flowers of feeling Must perish where ’er that wave is stealing. Monetary Difficulties in Great Britain- The well informed London Correspondent of the New York Commercial Advertiser, :Ims alludes to some of the causes of the monetary difficulties in Great Britain: “In the midst of all this excitement, what, it will be asked, have been the condition of the Bank of England and the course pursued bv its directors? On the second of last month, when things were comparatively quiet, but when there was, neverthless, a strong demand for money at increasing rates of interest, the Bank, to the surprise of every one, reduced their charge upon advances from 5£ down to 5 per cent. Under these circumstances it was at once supposed that the reserve of notes in their till must have greatly increased, and that this fact would be shown upon the publication of their next weekly returns. When those returns, however, made their appearance, it | was seen that instead of an increase, a large diminution had again taken place, so that the Bank Thad actually again pursued the system by w'hich they had caused so much mischief in April last, of lowering the prices of their com modity in proportion as the demand for it was increasing. Against infatuation of this sort of course all protest was vain, but the conse quences that were inevitably to be looked for were strongly pointed out by the press. Os course they were besieged with applications for loans upon the reduced terras, and meanwhile the Aveekly returns continued to show a de cline in their reserve of notes and also a steady decrease in the stock ot bullion; the diminu tion in the reserve of notes since the last packet having been £370,000, and in the bullion of $132*000. Under these circumstances it was obvious that the Bank would sooner or later take fright, and that at the first unlucky moment of gene ral embarrassment that might arrive, they would be seen resorting to every kind of strin gent measures to save themselves, instead of being in a position to give aid and confidence to the public at the time when these would be needed. No sooner lead the principal propor tion of the failures above enumerated occurred than the Bank, in the midst of the general dis trust which prevailed, at once rescinded the measures of the 2d Sept., by which they had deluded the public into a belief that they might expect cheap money, and raised their charge to the former rates. This, coming as it did, of course added to the vague feelings of distrust and anxiety which occupied the mind of every man. But this was not enough, for no sooner had the Bank thus announced a raise in their rate for advances, so as to lead the public to expect that advances at the increased rate were at all events to be had, than they next morning summarily announced that they would discontinue making advances altogether. These advances, it should be mentioned,had nothing to do with the discount of bills, but were upon deposits of Stock and Exchequer Bills, the discount of bills being carried on as before, except at a slightly increased rate. The whole weight of the announcement, therefore, fell upon the market for public securities.— Consols, which at the sailing of the last packet were lower than at any previous period of the year, namely 85|, at once dropped to 84, and Exchequer Bills, which were at o per cent, premium, became almost unsaleable at 10s. discount, To-day the panic in the stock market has been greater than at any time since 182-5. (Jonsols dropped to 83£, and Exchequer Bills to 275, discount. A slight improvement, how ever, occurred toward the close of the day. At one time the rate for money upon loans on i Stock and Exchequer Bills for the next ten days was not less than thirty-six per cent. I write the amount, and in italics, fearing that if ! put in figures you would scarcely believe them \ correct. The most astounding feature connected ; with all this history still remains to be refer- I rod to. Last month the railway calls amounted j to nearly four millions sterling, and on the first of this month —the very day on Avhich the chief failures took place —side by side with the record of the calamities which had happen ed. came the announcement of further sum s to be paid, to the extant of three millions and a half. The unhappy proprietors of shares, that is to say, nine men out of ten, protest and im plore for some relief, but the directors having commenced the various works, and having in most instances got to that point at which it is as ruinous to go back as to stan still are inexo rable, and being moreover urged on by con tractors, engineers,and solicitors, and the eager host who have everything to gain and nothing to lose by pushing forward, they use ever} - ef fort to stifle the complaints by which they are constantly assailed. That the time of the final crash, however, is fiOV approaching, may be apprehended from various signs. Last week a meeting was held at Manchester, of the bankers, merchants, manufacturers, and others of the town, at which between one and two thousand persons were present; to take into consideration the steps that could be best adopted by the shareholders to enfore a suspension of the various works. - At that meeting one of the speakers observed, that “He perceived in one ot the Manchester papers that, during the present year, the out- j lay on fifty principal railways had amounted j to £12,000,000, and it was found by compu- | ting the total market value of these fifty lines, from the commencement of the year to the present time, that they stood at a less marketa ble value by £15,000,000 sterling, even after ( the addition to their capital of the £13,000,000. , Here Mas a glaring deficiency of £28,090,000 sterling—a sum that might as well have been sunk into the sea as employed in a manner so prqjudical to the community.” All the speak ers followed in the same direction, the unani mous feeling of the meeting being that the “present derangement of monetary affairs is to be attributed to the unwarrantable haste in carrying out the railway enterprise of the country; that “if everything Mas pushed on simultaneously, the money power of the coun try would be unequal to the call; ” and that the time Avould come when, if a general aban donment of works M'cre not now consented to, “nothing but a panic M'ould work out their deliverance.” The report of this meeting was read w - ith universal avidity, and it is quite evident that the public temper has nearly readied its limits of endurance. In the very first letter Avhich I MTote to you—now nearly a year ago —I des cribed the state of affairs that would ultimately occur, and that description corresponds so pre cisely with M'hat is now taking place that I am tempted to recall it to your recollection: “That the railway works are to be extended during the c ming year,” it was observed, “beyond any former preccd nt, is the confident boast of their projectors, and in that case a tolerable conception may be formed of what is likely to be the rate of money; but it is palpable that these expectations are Avholly delusive, and that not one tenth part of the contemplated schemes will bo proceeded with during the coming crisis. It is quite certain, hoAvevcr, that they M ill go on until the pressure is so great as to render it impossible for the share holders to pay the calls made upon them, and as, previous to that point, all sorts of sacrifi ces, such as borroAved money at any terms on an assignment of the shares, or selling a por tion to pay up the remainder, will be resort ed to, the way in which the market will be fioodedis apparent,and the discounts to be quot ed in the place of premiums M ill be to the ex tent usually observable M'heu markets are fill ed with sellers instead of buyers. The ruin that must then be looked for will pervade the entire country.” You Mill easily understand from the picture I have drawn what must be the natural end of the present crisis. A temporary reaction may take place, and even that is by no means cer tain; but there can be no cessation in the gen eral doAvmvard course until the pressure shall have arrived at that point at which neither cajolery nor threats shall enable the railway companies to obtain a tithe of their demands. Before that time shall arrive, of course every M’cak house will be broken down, but those that remain will then have a healthy sphere. The general distress that must be borne, hoM - - ever, is a painful subject to contemplate. During the last few weeks the fall in the value of all descriptions of railway property cannot have been less than lo per cent, and what I must fear is that when the final break up shall be seen rapidly approaching, some violent and dishonest modes of extrication, either by tam pering M’ith the currency or by some other i means, may not only bo rushed upon, but by the aid of a railway Parliament may he arbi trarily carried out. In the midst of the prevailing excitement of the money market, the state of the Corn Ex change has during the last fortnight attracted but little attention. The M - eek before last there Avas a decline in the price of wheat of os. per quarter, but for the M - eck ending to-day there is again an improvement of 2s. to 3s. The cotton market also is of course heavy. In fact it is only the shortness of our stocks of raw material that can prevent the rapid fall in all descriptions of goods Avhich the pressure on the money market would otherwise inevi tably occasion. In domestic matters, apart from the usual dullness of the season, it will easily be con ceived that it would be impossible for any or dinary subject to command attention. The money market, and the money is the one grand theme. Foreign affairs still wear a most interesting aspect and many striking events are evidently to be expected. But during the past fortnight the relations of things have undergone no ma terial change (except in so far as they are af fected by the death of Colletti, the Greek minister, Avho Math his dying breath com mended himself to M. Guizot, saying that he had done all that France had required of him,) and I may therefore defer until my next letter a summary of our general prospects. SPECTATOR. Since the foregoing was written, another heavy failure has been announced. John Thomas, Sou & Lcfevre have suspended, with liabilities to the amount of £370,000. The house was largely engaged in exporting cot ton tAvist to Russia. Mr. Lefevre, the acting partner, is a brother of the Speaker of the House of Commons. The loss will fall prin cipally on Manchester. T. H. Murry & Co., of Liverpool are also reported, with liabilities to the amount of £50,000. They show, how ever, surplus assets of £BO,OOO. [From the New Orleans Delta.] Returning - from the North. Last night there was a man not more than tM'enty-fiA T e years of age, who sat smoking his segar in front of the Ncav Commercial Ex change, on St. Charles street. His countenance betokened much anxiety of feeling, and his care-worn brow told that during the past season he had not been merely “a looker on here in Vienna..” It Avas quite dark, and the A r cry stars seemed afraid to show themselves save at intervals, Mdien the murky curtains of the clouds Mere drawn aside by the stern winds, and the silver faces of the fairies of the sky looked down upon the M - orld. In front of i the Exchange there Avas nothing to be seen but | a few - cabs, which rolled lazily along, and here j and there a passer-by. Occasionally a flower j girl, with her basket full of fragrant bouquets, I M - ould pass along. Poor thing! there were j but feM' Avho walked the streets AA'ho cared ; about floAvers. One recollected the white I roses that decked the pearly broAvs of the dead | maiden M'ho was to have been his bried; another thought of the rose that he had given his blooming sister on her birth-day, and another of the pleasant hour when he placed a bunch of violets in the tiny, rosy fingers of his first born child. Each one turned aAvay, for the sight of flowers brought M’ith them thoughts of the grave. Still the young man smoked his segar. Now and then he would tip the Avhite ashes ofl Avith his little finger, and then the end ot the “mild regalia” looked like a flaming carbuncle. What was the young man thinking of? Was it of wealth, ambition, love, or revenge? Os neither —he thought of the many dear friends that during the past disastrous season had gone doAvn to their graves, of pale-faced women in black dresses, and men whom he had known M’ith ruddy cheeks, men as jovial as the Knights at the “Round Table of King Arthur,” who were uoav bent down as it Avere Math age and wan Avith sickness. Still he smok cd his segar, but no one observed that his eye was moist, and that now and then a tear would trickle down his cheek. He had his own thoughts, and as the vision of some sAveet face or dear friend glanced on the magic mirror of memory, his heart would throb, and his eye, the foun tain of his soul, would overflow. Noav this is a true picture. None of your i fictitious getting up out of the brain, but a I real Daguerreotype from life. Tom, poor fellow, sat and smoked, and at last his segar went out. Throwing down the hot remnant of the “noxious v/ced,” Tom clasped his hands ■ over his eyes and thought. He had been in the city all the summer — seen death in every ! lorra, and his two bosom friends were far away. gr^ , a*. •^vsmiasnesaea Tom recollected how gay Dick Bight used to look at the ladies through, a borDwed opera glass, in the Orleans 'Theatre, on Sunday - nights; and then again, how tha rollicking fellow, Jack Bragg, would bet a wjole month’s pay at a scrub race, or at the gamepf bagatelle. J “When shall we three meet agiin?” Tom j mentally ejaculeted to himself, aid scarcely had the thought darted out of hisjnind before J he felt himself “grabbed.” A stafvart young fellow, clad in a green coat with ich gilt but- ■ tons, a satin neckcloth of many Odors, a vest, that for beauty of pattern, would have drawn a compliment from Bean Brummy, and pants that would have pleased D’Orsiy, was the person who, technically speaking “grabbed” poor Tom. “What do you mean, sir:” inquired Tom with some asperity of manner. “Why Tom don’t yon know me Don’t yon know old Dick Bright, or bright lick, as you < used to call me when we lived in Chartres street, and sold-muslin, and hook and eyes, and all ‘them are sort of things,’ tothe ladies?” Tom for a moment was incrediious, but at length recovering himself, ho spng from his seat, and grasping his companion ly the hand, almost shouted, “God bless you old fellow! How are your” “Well I’m just as fine as silk, ole boy! Look at me! Ain’t las fat as butter, and don’t my checks look like a pair of big strawberries?” “Well how did you enjoy youiself during the past season?” “Enjoy myself-—don’t talk of it. I’ve been living in New York like a lord. Boarded most of the time at the Aster—employ ed my leisure hours in buying goods and looking out for the English steamers. Saw the Chinese Junk—big j humbug by-the-by— went to the concerts — ; took several, if not more, drinks with Willis— i took dinner with old Major Noah — shook hands with old John Jacob Astor—talked with people about old Jake Barker’s election—wrote i a little bit of an article for Bennett’s paper, and a lovely piece of poetry for Beach’s N. Y. Sun—saw Horace Greeley, who asked me to join him in some bread, that looked, like saw- j dust, and a glass of milk—had the pleasure of j sccingGen. Morris’ regimental coat,and saw the ! original manuscript of ‘Woodman, Sparc that ' Tree,’ and—d —u old fellow let’s go and take a drink!” They had no sooner gone up to the bar, than a young man, with a broad, good humor ed face, roared out, “ain’t I just in time. Give me old Orleans yet, and mix me a cocktail, j sweet and strong. Old Jack Bragg is back again boys! Give us your hands—l’m so glad | to see yc that I could hug you like a bar!” The three friends drank — recounted what they had seen —told their several adventures, and when they separated, each one went home, as Mr. Bragg remarked, as happy as “Julius Caesar or Nebuchadnezzar.” ! ! SI ugu 0 1 a, 0c o r Ia . WEDNESDAY MORNING, OCT. 27. \ l ■ ■ I l-dN Members of the Legislature, subscri- ; bers to this paper, if they desire, can. have it forwarded to them at Milledgevillc. Those wishing to subscribe for the Daily, Tri-Week | ly or Weekly paper, during the session can also have the paper forwarded to their ad dress. STIPWe tender our acknowledgements to i Wm. Humphreys, Jr. dealer in drugs and ; ! medicines. Savannah, Ga., for a bottle of real ly excellent Cologne, of his own manufacture, i We have not often met with a line article of I this refreshing perfume, of domestic manufac ture, and have usually preferred to pay well for the little we use and get the reed Farina. The common kinds smell too strong of turpen tine and whisky for our fancy. But the odour of Mr. Humphrey’s is unexceptionable. Apropos of Mr. H., we take pleasure in say i ing that he is a very enterprising and indus | trious man, and is certainly destined to go a- I head. He understands the philosophy of ad j vertising and has found out that it is a sure ! road to fortune. Besides advertising in papers of established circulation, ho publishes on his own hook, an advertising sheet, which he cir culates among his customers and sends off in every direction by mail, proclaiming his busi ness, his drugs and their prices, and his will ingness to fill all orders in his line on satis factory terms. “’Tis not for mortals to command success, But lie’ll do more, he’ll deserve it.” Mexico Must Be Subjugated. This plain proposition put forth by us a few days ago, seems to have struck our sensitive friend of the Chronicle with utter consterna tion. We had no idea that the proposition would so startle him, as a novelty and an out rage. But his comments of Monday morning indicate that it has burst upon him suddenly, like a thunder bolt from a cloudless sky, and taken him wholly by surprise, and overwhelm ed his affrighted imagination with innumera ble horrors. We had supposed that the sagacious and lynx-eyed associate editor, over watchful and observant of the signs of the political horizon, must have perceived long since the inevitable tendency of things to this grand finale . It needed no Astrologer to examine the signs of the Zodiac before the subjugation of Mexico could be predicted as a thing possible, proba ble, inevitable. Some may have thought from the beginning of the war that this was the true policy, and we are of that number.— Others may gradually have awakened to the policy and advantages of it, while others again, and these last constitute the great body of the American people, have only very re cently become convinced, as they now arc, that this is not only politic, BUT NECESSARY., in the present aspect of affairs. There seems to be no other alternative left ns, consistent with national rights and national honor, and future security. This is not a bold and dreaming scheme of the editor of the Constitutionalist, as the Chron icle characterizes it. Wc have a coincidence of opinion to sustain us in a quarter that the Chronicle should respect. It will be remem bered that the whigs of Georgia, in conven tion, being assured of the identity of his princi ples tcith their's, recommended Gen. Zachary Taylor for the Presidency. Now the National Whig, published at Washington City, assumes to be the organ (par excellence) of Taylor Whigery. We find that this print goes for subjugation also. It calls the policy by a dif ferent name. Its term is “The Civil Occupa tion of Mexico.” This means the same thing that wc do, we presume, and we like our form, of expression better. It conveys the idea to the mind more distinctly, we think, and hi therefore preferable. aari "wa nimnniTT ir*-"nor "nm üßaaataaßcagaßP l AUGUSTA WH < ARTICLES. Per.' Wholesale. | Duty, | BAGGING —-©tinny, ...J 21 la) 23 Jcjo nr. ct. Kentucky..;.... 17 to 19 BALE ROPE —Manilla... ft, 14 fob 15 25 nr. ct. i Kentucky.. .... 9 fa) 9i j BA COA—Hams j.... 9to 10 U Sides | 9 fd) 10 i(ao P r. ct. Shoulders 7 Ato BUTTER—Goshen, prune ft, 23 fd) 25 20 pr. ct. Country 12 to 15 j CANDLES —Spermaceti! 34 fa) 37 \ 20 pr. ct. Georgia made .... | 13lto 15 ) Northern “.. .... 17 to 18 i 2O P r - ct - CHEESE —Northern 10 to II 30 pr. cl COFFEE —Cuba j 8 (it) 9 h Rio.. I Si'll) 9 Java.... 12pa 15 jhee. Lagyura j 9 fid 10 j f Shirtings, brown, 3-4. vd. 1 5 (eh 6G a j “ “ 7-8. ....j 71to 8 “ “yd.wide..., 171 to 20 (£ 1 Sheetings, brown, 5-4. ....I 12 'a 15 “ bleached,s-4 ...,| 18 to 20 Checks • j 10 to 16 | Bed Tick ! 12 to 18 Usnaburgs Boz 10 fa) ll.j *■** ( Yarn (assorted) ft, 17 fd) 19 FlSH —Mackerel, No. 1... bid. 13 fit) 14 -j Do. No. 2 81 fa) 91 \2O pr ct. 1 Do. No. 3 7 fid 7* 1 ) FLOUR —New 0r1ean5,....... none. \ Canal 8 00 fa) 8 50 >2opr. ct. Georgia j.... 5 00 to 5 50 ) GRAIN— Corn bus. 50 fa) 55 ) Oats !37t0 40 20 pr. ct. | GUNPOWDER— keg. 5 50 to li 00 HIDES—I) ry j to 1 ) Dry, salted 1 8 fcO 9 \ 2O I >r * ct * j HAY— Eastern 40 J. 1 fd) ii on . | North River fa) [2O pr. ct. ; IRON —Pig lO0. ; fed 30 pr. ct. Swedes, assorted. ton. I 4|to 5,1 30 pr. ct, i 1Io °P ioa - 7 * \on„ r c t Sheet i ftj Bto 10 |-0 p . . , Nail R0d5....... J.... ti to 7 LEAD —Pigandßar 100. ti to 7 ) Sheet ‘ til to 8 >2O pr. ct. White Lead 7|to 9 ) ! LIME— bid.. I 50 to 2 50 i MOLASSES— Cuba fgalJ 27 to 30 ) w . K.Ortauia.l:... 37JW 40 ( 30 cl j NAILS —Cut, 4d to 20dI s|to S>\ 30 pr. ct. ; •‘•—vmrmnmmmnmmn — lg^mm -^^^ liTT . rrn - rTfr^l j- fTrT^--irin -- w -—> na’" r r n ■—■ ■■mm i'wum ■ i —(7TwaMßßHMßHK*wsaßwwrTrw.arsgwgaga*»gw»2ss<^ts*rmaßga«Mßgß«>^a«; l -..flgn vr-raruar '-jm» mmmms EXPORTS OP COTTON TO FOREIGN AND COASTWISE PORTS, COMMENCING IST. SEPTEMBER, 1846. ;'■ ■ • SAVANNAIC CHARLESTON.,, mobile: N. ORLEANS, r NEVV~YURK. QTnMrpORTS. ~ TOTAL." WHITHER EX poll 1 ED. 1847. j 1846. 1847. 184*5. 1847- 1 1346. 1847. 1846. 1347. 184 S. 1847. 1846. 1847.1846, Liverpool . 1.549 2,049 7,320 3,740] 0,9// ........ 20,365, 5,409 19,3.)/ 5,-43 J,l/t! 090 ........ ........ Hull ;• Glasgow and Greenock l,?3o COO Cork and a Market 1,227 ■ • .... —. 3 Total to Great Britain L-549 2,049 ~~ 8,547 3,740 i 0,977 j j ‘>>,l6l 5,409 13,023 5,240 1,176 696 53,313 17,140 Havre jj 77777777 37FT6 77777777 j M2O 777777 , foul 5£27 14,232 c,i7i 454 7777777 777777.7777.7 Bordeaux 1 .Marseilles I j 55 1,498 797 Nantes 616 Total to France 1 3,110 jj 1,420 4,847 5,282 15,780 6,958 454 £5,611 12,240 Amsterdam j! 901 Rotterdam,.... 407 009 Antwerp 2,102, 150 2,2(9 B\).> ........ Hamburg j 1 3,010 3,614 Bremen j i j 044 1,379 I Barcelona i 218 | Havana, &c I| 218 3,171 81 | Genoa, Triesta, &,c 1,«23 ( 88| 121 i Ghent, &c . ■ Other Ports 140 1,902 1,129 444 117 Total to other Foreign Ports.... 140 jj j 2JB 3.522 4,450 [ 7,735 6,328 88 121 i 1i,485 11,117 New York ifohTf 7,837 7*153 12,808 i' 3,350 foS46 4,946 ~ 3,126 .77777 777777 Boston 26! 31 1,457, 1,897 1,616 3,475 1,119 | 1 Providence 1 308 • ••* I Philadelphia 108* 26 0 632 1,032 i 168 ; 906; 170 Baltimore 99 118 131 116 : 225 32 Other Ports 849 1,383 444 1,674 IC~ Total Coastwise ' 6,466; Grand Total 11 8J)15; 11,678 39,77» 19,907 13,531 3,438 / 39,322 19,755 , 36,538 18,532 1,718 - 817 118,578 74,127 The article we refer to appeared in the Na- ; tional Whig of the 22d inst., and is as fol- * , lows: Results. — If the results of the Military Oc cupation of the Chief City of Mexico are as i they are described in the following article from j a French paper, revived in that city immedi- j ately after our fiag was planted on the Old National Palace,—and there is every plea in favor of its truth —how much more satisfac tory and peaceful would be the Civil Occupa- | tion of that extraordinary Capital bj* the U nited j States! i Every day, every hour demonstrates that the ; only mode left for us to put an end to the war ; and to pacificatc the enemy, is for Congress to J declare the whole to bo Territory ot the United States and to legislate forthwith for its Civil : Occupation. [From the Mexican Moniteur Francaise .] i The City.—What a change has come over j the capital in the space of two or three weeks ! i When we were in hero during the armistice, | I there was not a half hour in the day that bodies i of troops were not moving to and fro, “the j blast of the shrill trump and the ear-piercing I life,” continually bringing to mind that the j beautiful city was under the dominion of a I usurping and tyrannical military power. But “a change has come over the spirit of its dream;” all this tumult has subsided, and a change has come over the city, whose in Habi tants? in life and property, are protected by those who -were represented as the andals of the North.” In our opinion, confidence is j now' perfectly restored; there is scarce a place of business that is not open, and what more clearly than anything else demonstrates the fact that contentment reigns, in a great mea sure over the scores and scores of families that i begin to promenade the streets. Whenever j you see the softer sex walking the streets in ; confidence, yon may set down at once, that : things arc as they should be. New Hampshire^ The N. H. Whigs have nominated Nathaniel S. Berry for Governor —Governor Colby hav ing declined a nomination for x*e-clection. Meteors. A brilliant Meteor passed over the city of j Charleston on Saturday morning, about 4 I o’clock, and another on Saturday evening at 10 minutes past 7. The light from the latter w r as brighter than that from the moon, then in her full and unclouded glory. The course of both I Meteors was from E. s. E. to W. N. w'. Col- Riley An anecdote, says the Arkansas Intclligen- j cer, is told of this gallant officer. He was heard to say, on being ordered to Mexico, (by j the way he lisps very much,) that he would have thix feet of Mexican ground or a yellow thash /” We congratulate him on having no bly won the latter. The government will cer tainly brevet him. Death of an Old Warrior- Col. David Folsom, a highly respectable citizen of the Choctaw Nation, died at his residence on the 24th ult. Tbo Arkansas In telligencer says, that in the death of Col. Fol som the Choctaws have lost one of the lights of that Nation, and the Government of the United States a steadfast friend, who has been the same at all times. Col. Folsom has filled every position that a citizen of the Choctaw Nation can fill under the constitution, and by the voice of his countrymen. Col. F, served as a leader of a party of Choctaw warriors against the Creeks, during the Creek war, where his bravery and friendship to the Uni ted States rendered him a cherished object of Government favor. He was also under Gen. Jackson, at the surrender of Pensacola. He w r as the untiring advocate of religion and edu cation, and had the high gratification before his death, to witness a moral and intellectual change among his people. mill'll Hill I n|| ii'ir-WgwajiMMM^oiJiiia^ OLESALB PRICES CURRENT || ARTICLES. Per. Wholesale, j U>dy. OlLS —Sperm,W. Strainer: .... 1 30 to 1 37'jiee. Full strained I 25 to) Summer do 1 00 to 1 121 Linseed bbl.j 87.1 to 20 pr. ct. Tanners ! 55 to Lard i 25 (a) I POTATOES did. 3 25 (a) 3 50 | | PIPES { 02 to i 00 II PORTER t'oz.2 25 to 3 5J | PEPPER lb | 10 la 12 11 PLVEjYTO. j 14110/15 ILSiSlA'S —Malaga, bunch box. 2 50 to 2 75 ) Mnsciitcf. 2 to 2 50i j 40pr. ct. RICE —Ordinary tOO. 4 go to 4 50 Fair 4 75 to Good and Prime 5 00 to fFrench Brandies gal. Isoto 2 100 pr. ct. i Leger Freres .... 215t0 3 I yj Holland Gin 125t0 I sU'loopr. ct. St American Gin ...j 40 t 043 5 ■{ Jamaica Rum.... ■*.• 1 50 to 2 00:100 pr. ct. N.B.Rmn, bds. 6c bids. .... 37 to4o j c 2 Whiskey,Phil. & Balt. ••• • 33 to-35 Do. New Orleans. •••• 30 te33 Peach Brandy •••• 75 to 100 100 pr.ct. SUGAR-Cuba. Muscovado tt> P 11. & St. CT. iv 9 toll 1 Havana, white.. •••• 10 toil lon Kew 0r1ean5........ Bto 9 f P r ‘ CL Loaf. •••• ll|to!2£ j Lump 11 toll J S.4L 7’—Liverpool 1 75 to 0 00 l Loose bus. 45 toso .\ M P r * ‘ | SOAP —American, yellow lb sto 0 30 pr. ct. SHOT —AII sizes 1 02 to 1 75 20 pr. ct. i SE OAR S —Spa n ish M 20 00to30 00 40 pr. cL. American 8 tolO | TALL OJP— American 10 to 11 !10 pr. ct ! TOBACCO— Georgia lb 4to it „, Cavendish 1 15 to 16 !i JU P r * Cl * ii TWJJYE— Bagging j 18 t 025 j Seine | 30 to 5 ) j 30 pr. it. ; ! ; TEAS— Pouchong j 50 t 075 ) Gunp’der & imp ! 75 to 1 00 ! Hyson 1 75 toßo f free Young Hyson ! 50 t 075 J HlJVES —Madeira gal.'2 00 to) 2 25 30 pr. ct. Claret, Mars’lies cask i 25 to)60 40 pr. ct. Do. Bordeaux do/.. 3 00 to 3 50 40 pr. ct. Champagne..... .... 9 00 to!s 00 40 pr. ct. Malaga.. .... 5o tou2 *4O pr.ct. (Hornnun la I. LATEST DATES FROM LIVERPOOL OCT. 4 LATEST DATES FROM HAVKJ OcT. 1 AugTista Market? Oct. 27. REMARKS.—As regards the growing crop, the weath er has been all that could he wished for, and the quality of tho Cotton receiving and to be received at this i point, will he of the best average over brought to this market, very little if any of it ranging below middling, : We have conversed with a number of planters, and all | admit they will make more Cotton than calculated on 1 in the early part of the season, but at the same time tew I will make as much as they did Lust year, (although they ; have planted more ground) and a majority say they will not make more than two-thirds of a crop. By our tables below, it will be seen that the receipts so far this season, i show aa increase at Now Orleans, .Mobile, Florida ami | Texas, of 44,837 bales; while the falling olf at Charles ton, Savannah, Virginia and North Carolina, exhibits 30,012 bales—showing an increase so far of 14,825 bales. But tho increase being in the Gulf ports, where heavy bales are made, if we measure by pounds wo will find the actual increase 20,229 bales, averaging 450 lbs. EXCESS OK RECEIPTS OVER LAST SEASON, AT N. Orleans,. .37,901 bales, av’g 450 lbs 17,056,8001b5. Mobile, 6,207 “ “ 489 “ ... 3,035,233 “ i Florida, 428 “ “ 415 « ... 177,620 “ Texas, 298 “ “ 459 “ ... 134,100 “ ’ T0ta1,,.. .44,837 20,403,753 lbs.. DECREASE AT Charleston, . .20,774 bales, av’g 360 lbs... .7,478,640 lbs i Savannah,.... 9,030 “ “ 415 “ ...3,747.450 “ j Virginia, J»0 “ “ 300 “ ... 36,000 “ iN. Carolina,.. 108 “ “ 360 “ ... 38,890 “ Total 30,012 11,390.899 COTTON.—Our last review left the market with a downward tendency, and we gave as quotations for fair Jat its close ou Tuesday evening, a Sgc. It opened on i Wednesday morning with a limited inquiry, and in order j to induce purchasers to take hold, holders had to submit 1 to a reduction on the prices current the day previous of >c. At this reduction, some few buyers entered the mar ket, and towards the close prices improved, and sales were made fall up to our inside figures of Tuesday eve ning. On Thursday, prices rallied somewhat, and al though the sales were limited, tho rates obtained were about those quoted by us in our last circular. Oa Thurs day evening, we received an outline of the steamer’s ac counts ip to the 4th inst. brought by telegraph, which I put a complete damper ou the market, no one showing I the least disposition to buy at any price, and the sales of Friday reached only 9 bales at 11 a 11 cent decline from the quotations of Wednesday. On Saturday, the same languidness prevailed in the market, the sales of the day reaching only 84 bales—the majority of that lair Cotton ( at On Saturday evening the foreign letters came to hand, which fully confirming the telegraphic advices, ; caused quite a panic in our market, and the highest price i that could be obtained for fair Cotton on Monday was 8 j cents—sales of all descriptions only 86 bales. Yesterday, buyers manifested a little more confidence, and one or j two entered the market, and the sales reached some2sß | bales, the highest price for fair being 8 cents. By the above remarks, it will be seen that our market has de clined since Tuesday last all of II cents per lb. The transactions of the week sum up only 1442 bales, and in order to give those at a distance an insight to the daily transactions iu this market during the w'eek, we give the daily sales, viz: On Wednesday 606 bales, 18 at Bg, Bat BJ, 88 at. 9, 110 at 9J, 10 at 9 3-16, 162 at 9|, 162 at 9{|, 6 at 9 7-16, and in the afternoon 54 at 9£. On Thursday, 339 bales, 62 at 9, 22 at 9J, 129 at 9},:« at 9g, 36 at 9\, 7 at 9 9-16, and 44 at 9|. On Friday, 9 bales, 7at Bj, and 2at B|. On Saturday, 84 bales, 2at 7|, Batß, 7 atß|, and 67 at B£. On Monday, 86 bales, 20 at 71, and 66 at 8. Yesterday, Tuesday, 258 bales, 53 at ~at 7J, 169 at 8, 2at 8 1-16, 7ut BJ, and 20 at 8\ cents. We alter our quo tations to conform to present prices, and would remark to our country friends, that they are still for square bales, round selling for about § cents less. QUOTATIONS, __ Ordinary.-... ...none Middling Fair....... .^a/J Middling 7 l a JJ £air..... * ®JT Good Middling 7.ia 7| Good Fair 6| aß^ RECEIPTS OF COTTON. Prom the Ist Sept., 1847, to latest dates received, 1846-7. 1845-6 Savannah, Oct. 22 6,318 Charleston, Oct. 23 13,021 32,. So Mobile, Oct, 20 10,097 3,890 New-Orteans, Oct. 20 86,922 49,018 Texas, Se.pt. 24. 527...... 229 Florida, Oct. 2 428 00 Virginia, Oct 7200 3'>o North Carolina, Oct. 9..., 14 ] *^2 Total 117,527 Jo2,7tfe> | C, OCTOBER 27, 1847. j EXCHANGE. I Augusta Insurance and Banking Company, « Bank of Augusta, “ Branch Slate of Georgia, Augusta, u Bank of Brunswick, t( Georgia Hail Road, « ! Mechanics’ Bank, u j Bank of St. Mary’s, « Bank of MiJledgeville, u I Bank of the State of Georgia, at Savannah, « Brandies of ditto, u II Marine and Fire Insurance Bank, Savannah, « j | Branch of ditto, at Macon, Planters’ Bank, Savannah, “ ; Cenlnil Bank of Georgia, o Central R. R. and Banking Company, Savannah, “ Charleston Banks, “ Hank of Camden, “ ; Bank of Georgetown, “ i ; Commercial, Columbia, “ Merchants’, at Cberaw, .... “ Bank of Hamburg, “ Alabama Notes,.. 2to dis j Commercial Bank of Macon, failed NO SALE OR UNCERTAIN. Merchants’ Bank of Macon;* Bank of Darien and Branches. Bank of Columbus, j Chattahoochee Rail Road and Banking Company. Monroe Rail Road and Banking Company, j Planters’and Mechanics’ Bank, Columbus. ; Exchange Bunk, Brunswick. i Insurance Bank of Columbus, at Macon. ! Phoenix Bank of Columbus, i CHECKS. On New Y0rk,......,.....,,,.,,,.,,,,,.., \ prern Philadelphia, * “ Boston, “ Ciiarlesttm and Savannah, par. Lexington, Kentucky, Nashville, Tennessee, “ STOCKS. Georgia, 8 per cents no sales. Georgia, 6 per cents 9fc to/ 100 ♦Not taken by our banks, but redeemable at the Plant ers’Bank, Savannah at par. 1 STOCK OF COTTON Remaining 1 on hand at the latc.it dates received. Savannah, Oct. 22 5,178 8,27! , Charleston, Oct. 23 23,9-23 23,823 ! Mobile, Oct. 90 19,714 8,285 New Orleans, Oct. 2o 71,125 37,578 Texas, Sept. 24.. 8(1 1,5 0 Florida, Oct. 2 410 1,088 Augusta Sc Hamburg, Oct. 1, 10,802 5,337 Macon, Oct. I, 3,013 3,4U7 Virginia, Oct. 7 250 00 North Carolina, Oct. 2. 90 115 New York, Oct. 90 47,199 33,863 Philadelphia, Oct. 16 7,874 1,639 Total, 195,548 121,9)5 GROCERIES.—There continues to be a fair business transacted in the Grocery line. The slocks of our mer chants were never better than at the present time, and j every day adds fresh supplies. During the month of i September, and so far in October, wo are informed more goods have been sold in (lie Grocery line in this market, than for a number of years during the corresponding pe riod, Wo hope our merchants will stick to quick sales and small profits—it is the system that will bring us trade and give satisfaction to our country friends. DRY GOODS.—There has also been a good business done in this line, and although we cannot boast of heavy houses, the stock of our merchants are good and they are selling out at moderate profits. By the spring sea son we hope to be able to report the organization of one or twolarge houses in this line, when the Augusta mar ket will afford to the merchant of the interior induce ments to purchase which will cause him to lay in all of his supplies here. If our merchants can sell Grocer ies cheaper in this market than they can be laid down from New York and Charleston, they can sell Dry Goods as cheap as they can be obtained from the same points. BAGGING.—We have no change to notice in Bag ging this week—holders are firm in their asking rates, and sales of about \OO9 pieces have been made this week atj 17 cents, short time, for Kentucky. Retailing from stores at 13 a 19c. BALE ROPE—Is still scarce, and a lot would readily bring 9 cents. Retailing from stores to customers at 9 cents. CORN.—The receipts this week have been, confined to wagons. But a limited enquiry, the demand being qpnfined to home wants. Our quotations will give a fair index cf the market. FLOUR—Is dull of sale. Market well supplied with inferior country, which is selling in small lots at a 4J. The belter qualities are selling at 5 a s^. BACON—Good continues scarce, and the receipts are , | light. Bales this week of about 'WOO lbs sides at 9 cents, j cash. SALT.—Prices are improving. was offered Ibis week for a lot of 550 sacks, ami refused. Our Grocers however, have a fair supply on hand, and are retailing it out to customers at per sack and 45 aSO cents per bushel for loose. WHEAT—We have had many enquiries made of us lately as to the price of Wheat in this market, but we are unable to answer them satisfactorily, as little or none has as yet been offered. Our country friends, however, we think can try the experiment with safety, as no doubt the article will bring in this market as ranch, in propor tion, as it does in either Charleston or Savannah. He have here strong competition in trade, and any article saleable in another market will find purchasers in this at living (and frequently at losing; prices. We have now in our vicinity one mill grinding Wheat, and in a short time we will have an extensive mdl orijout 1 ana these two will create some demand for the article. Gar farmers, however, must bear in mind one important item, and that is, wheat when sold in this or any other; market, must be governed by weight and not by mea sure. The New York standard, we believe, is 62 lbs to the bushel. Should any of opr mercantile friends receive a consignment of this article, 'they will no doubt reportto. us the sales, which will be the beginning of a new busi ness in the Augusta market, that promises to become one of importance, EXCHANGE—NoJ much Northern offering. Our Banks sell Sight Checks on New York at \ per cent prem. They purchase Sixty Dtly Bills at 1a i j dis. FREIGHTS—No change to notice in rates. The River has risen about a foot within, the last two da) a and is now in boatabje condition. BANK STOCKS. &.C. (Original Present Divid 9 I cost. value, peruana Mechanics’ Bank,.. 100 oef ri- Angusta Ins. & Bk’g. C 0.... I<W »»M© J ” i Bank of Brunswick, 100 P-> ?jL r ct- Bank of Augusta, JW 3* a . rCt< i Bank State of Georgia, 109 Geo. R. R. & Bk’ C . Co 100 80 aB9 J «• , Iron Steam Boat C 0.., 100 8- a 1