The New Hampshire Gazette

Gloomy Prospect in England.—The British barque Harlequin, Captain Ross, arrived at this port on Monday in 28 days from Liverpool. On the 12th of Oct. she lay at the dock at Liverpool, without a mast standing, and in every respect totally unfit for sea, and the 14th (having in the mean time, been completely rigged and ballasted) she left the harbor under tow of a steam boat, and sailed for this port. She was selected, on account of her being a fast sailer, and despatched for this place, with, it is said, important commercial information. We have neither papers nor letters—but we understand, and, we believe, correctly, that the following is the amount of her intelligence:—The gentlemen who despatched the Harlequin had ascertained, from the most authentic sources, that, in consequence of the heavy and long continued rains, the wheat harvest throughout England would not yield more than half of the customary quantity. Wheat had already risen to 16s sterling per 70 pounds, and flour to 65s per barrel. No doubt remained that all the ports of England would be opened for the importation of foreign bread stuffs on the 1st of Nov. inst.

In consequence of this intelligence, flour, we understand, has risen in our markets, this morning, from $10 50 to 12.—N. Y. Com. Adv.

Extract from a letter to a respectable Mercantile House in N. York, dated Liverpool, Oct. 14.

"A very great and important change having taken place in our corn market, which leaves no doubt of the opening of the ports on the 15th of next month, we consider it of such importance, not only as it respects grain and flour, but as to its influence on the exchange, the shippers interest, and the general intercourse between the two countries, that we have chartered a fast sailing vessel for the express purpose of giving our friends the earliest and fullest information on this interesting subject.

"American wheat would now sell at 16s per 70 lbs. and flour at 65s per bbl. On completing our usual survey of the crops, we find the produce so decidedly defective, that on accurate comparison of the result, we consider the present as scarcely two thirds of last years crop, without taking into view the great inferiority of the quality and the produce in flour, from the grain being lean and in very bad condition.—During the progress of our survey, and since, we find that scarcely one-third of the wheat is yet secured, not more than one-tenth of the barley, but few of the oats, and none of the beans. The barley being all abroad in the great corn districts, is considered a ruined crop. Potatoes will also be very deficient, and from the lateness of the season and the still exposed state of so great a portion of the crops, there is no calculating, what further injury may yet be done; but the injury already sustained is so great, that we shall probably want any quantity of wheat and flour which is likely to be shipped.

The season is now too far advanced to admit of our receiving any supplies of consequence from the Baltic; and in Holland the prices are high. In many parts of Italy, and in the Mediterranean, the crops are so defective, that they are likely to stand in need of large supplies.

From the extremely damp and unsound state of the new grain, good, dry, sound foreign wheat will be particularly valuable, and much wanted for several months to come. Rice has also advanced to 36s per cwt. in bond, and this article is rising rapidly in all the continental markets.

Cotton—Uplands 17 1/2 to 20 1/2d: N. Orleans 18 to 23, in fair demand for consumption, and some for export: Sea-Islands 2s. to 2s. 5d. very dull, and prices looking down. Ashes, pot, 45 to 55s. per cwt.—in bond, 43 to 44s—dull, and prices looking down; pearls, 66 to 99s. advancing. Turpentine 12s. 6d.: tar, 12s. 6d. to 13s. steady. Bark, 15s. 6d. to 19s. very dull."