Commercial Correspondence cf fhe Register.)

 NEw-YoRK Sent I6 l8lI
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 The Great Western is again with us, and the te- nor of her news is much more favorable than thai brought by the last packet. The crops turn out to be better than anticipated, and the prices have again fallen tho low to admit of the entry of much foreign wheat. The late panic therefore will have favorable effect rather than otherwise, nasmuch as that during the excitement a large quantity ad- mited at the low duty, which will now have the ef- feet of averaging low prices for the whole year This result with improvement in foreign trade will store the consumption powers of the home market, especially the ministry under Sir Ro- bert Peel have into office under circumstances calculated to allay all those political causes of inque- nde, that have so long hung over the market These facts had restored confidence the capitalists, and much improved the appearance of the money market Some increased exports ofgoods to Germany and Rus sa and the low prices of foreign stocks, had caused some purchases to be make on foreign account These movements had improved the continental ex- changes, and the closing rates are as follows: Hamburg. .l3,92 104 Rotterdam. .12,44 a Amsterdam.l2,4t A Antwerp .12,32 - Vienna. .... 9,43 a 45 Frankfort l49A a Paris. .. .25,62t a 67a

 tu for the continent, and the distressed state of the bankers causing curtament of banking credits equivalent to depreciating the English currency in | comparison with that of the continent. Geymuer, the great Vienna banker, had absconded his failure like most of those in this country being fraudulent Is there not curse hanging the manufactures of paper credits throughout the world? Several very large houses had failed in Trieste. The storm which prostrated the banking system in this country, you perceive is still travelling eastward and will spend it's force beyond the Ganges.

 The improvement in the crops and money market had caused great improvement in the cotton mar ket for the week ending August 20, which closed at an improvement of Id. per lb. which advance was sustained up to the closing ofthe packet. The following is table of the sales for the weeks ending August 20 and August 28.