Commercial

" Ann Arbor, Ang. 7, 1847. We have had copious rnins during the week, which wil! plnce the growing crops beyond llie reach of dr uglit? and cover the whole country with a plentyful Lite of grass. The Wheat busiress has not yet commenced here. 624 cents is the most we havo hearJ offered in cash for new Wheat; hut we have not heard ol any sales ot thoso figures. The news by the Hiber nia has had rather a depressing tendenco. In Detroit, yesterday, Flour retailed at $4,50. New York, Aug. 3. Ashes firm : Pols, f4,81: Pearls, $7,00. 6000 barrels Flour sold for f5,62 for Geneee,and 5.50 for straight Michigan. Meal dull at $3,62.