LATEST ENGLISH NEWS. [From the Australian.]

New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 260, 26 January 1848, Page 3

LATEST ENGLISH NEWS. [From the Australian.]

The intelligence by the Walmer Castle, so far as we gather from the papers received, which extend to the 7th of September, is not of much importance. Her Majesty and her Royal Consort and family were enjoying the braoing atmosphere and the hospitality of the Highlands. It was expected that the Royal party would return to England on or about the 14th September. At the close of the last sales, Colonial wools had fully maintained the late rise ; which, considering the large quantity offered, and the adverse state of the money-market, is highly gratifying. The Great Britain steam-ship, had been once again placed in safety. She was docked at Liverpool. The harvest throughout Great Britain and Ireland is stated to be most abundant, a month earlier than the average of seasons, and the quality of the grain excellent. The new Parliament, it was considered, would not be called together before the usual season. After the return of Her Majesty from Scotland, and as soon as it could be ascertained that the harvest generally was an abundant one, it was anticipated that a Proclamation would be issued, directing a general thanksgiving for the blessings of a bountiful harvest. Mr. J. W. Sutherland, and Mr. Mark Boyd, had an interview, on the 3rd of September, with the Commissioners of Emigration. The gross amount of the recent failures in the Corn Trade has been stated at somewhat over three millions ; it is, however, believed that it will be found to approach to nearer five millions. There have been three failures in Liverpool during the week ; two in the corn and one in the East India trade. They are not for large amounts, although all highly respectable. The house of Messrs. Fitzpatrick dt Co., is for about £60,000, and that of Messrs. Gregg, £30,000. The East India house is for £60,000, and will, it is said, pay 20s. in the pound.