The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1855-07-03 00:00:00

COMMERCIAL and MONETARY NEWS.

' MONDAY NIGHT.

Ix the intelligence received during the week from
the seat of war, there has been little of stirring
interest, the operations being rather of preparations
for future proceedings than productive of present
results. At the same time, the tone has been rather
unfavourable than otherwise, owing to the numerous
cases of sickness, and the loss of many valuable offi-
cers, including the Commander-in-Chief, the Deputy-
Adjutant-General, and the gallant Captain Lyons.
This state of things has not been without its influence
on the Public Funds, but notwithstanding an occa-
sional drooping tendency the fluctuations have been
comparatively trifling, owing, no doubt, in a great
measure to the redundancy of capital creating a con-
stant demand for investment on the part of the
public. Discounts have been easy, and no alteration
has taken place in the low rates which have recently
prevailed. The Bank returns on Friday show
another increase in the stock of bullion to the extent
of £108,310, the total being now £18,169,026, while
the reserve of unemployed notes, which is usually
considered as the criterion by which the ability of the
Bank of England to extend accommodation is judged,
is very nearly twelve millions. The other changes
are undeserving of particular comment.
The arrivals of specie during the week have been
large, amounting in all to upwards of £BOO,OOO, of
which £343,836 came from Australia. The shipment
have been moderate, and do not much exceed £50,000.
The total imports of specie during the month just
completed amount altogether to about £2,506,000, of
which £493,520 came from Australia. The shipments
of the month reach to nearly £1,000,000. The total
arrivals of specie from all parts during the first half
of the present year amount to £13,616,000, of which
£5,265,000came from Australian ports. The total ship-
ments during the same period were about £3,500,000.
The accounts from Manchester teem with com-
plaints of depression ,since the check given to the
cotton speculation 'in this market, and spinners 'are
earnestly persuaded not to lend themselves to another
upward movement, on the ground that the reports of
the growing crops are highly favourable. It mast be
evident, however, that the existing stocks are very
short, and unless the manufacturers can find other
sources of supply than the United States, any increase
of demand, such as may reasonably be anthiipated, will
very shortly render the quantity available inadequate
to their requirements. A rise in the rivers may cer-
tainly add 'something to the receipts, .but not at all
commensurate with the existing deficiency, more par-
ticularly as the rate of consamPtion, especially of
middling and lower qualities, is steadily increasing.
The-returns of the Board of Trade for the month of
May have just been published. Inithe declared value
of exports of British produce and' manufactures, there
appears 'a. decrease of £372,950`as compared with the
corresponding month of last .year. The e chan° os,
however, are very various, as 'will be seen by the
following principal items of Increase and Decrease z—
'/'nerease. Decrease.
£
Cotton Manufactures..... 197,214 ... - •
Cotton Yarn 114,220 ... -
Woollen Manufactures - 268,933
Woollen Yarn
Linen Manufactures ...... ... 29,836
Linen Yarn
Silk Manufactures
Silk Yarn ..... ..... 5,649 ... _

Haberdashery .............
Metals
Hardware ............
Machinery
Wool .........

... 101,124
228;518
- 122,076
60,064 ...
98,224 ...

The following is a ~eomparison of the quantity of
articles entered for home consumption during tilt ,aT-
spective months in the years

~„
1854. 1855.
Wheat, quarters , .. 611,993 ... 497,888
Flour and meal, •cwt.. .. 378,205 ... 160;634
Cocoa, lb 376,345 ... 422;250
Coffee, lb. ..... ..„ . . 3,193,865 ... 9,183,276
Sugar, cwt.. ..... .. ..... 64431,953 ... 331,661
Tea, lb
Rice, cwt. ....... ........
Spirits, gallons
Wines, gallons
Tobacco, lb. - ' 2.524,451 ._. x,452,847
Currants,figs,&raisins, cwt. 31,004 .- 42,673
Lemons and. oranges, bsh.. 38,531 -.. ,757,495
Spices, lb.

In the import, -of raw materials far manufactures,
the following is7,:the comparison, deductinrthe quan-
tity re-exported-:

1854. 1855.
Flax, cwt ......... 205,587 ... 117,219
Hemp, cwt. 94,005 ... '169,551
Silk, lb.
Cotton, cwt
Wool, 1b...
Tallow, ... 47,44-9 ... 147,972

Dyes are •about the same ; Glass and lisether mai ku-
factures show,attlem•ease. Of Metals, -except Tin, the
supply has been• small, and Timber presents a decrease
both in importation and consumption. ' Guano and
Seeds eihibit an increase.

Our SHARE-MBRKET has been flat and clrooping,
with searcely.x.rally all week. The causes :are said. to
be the absence of news from the Crimea, and the
apprehenSions •of \the French Loan. Prices se em
to-day to have readied a point from which a re-action
may be looked for, some buying haVing;f2k,en place.
We annex :quotations :—Caledonians, 91.8 ; Lan-
cashire and Yorksshire, 811 1 ; London'. Stock, 101 1
-I, 1 8 1 1001 ; Sheffield Stock, 251 ,44 Midland
Stock, 724 I,Tgirth British, 7*-; South-Eastern,
181 5-16.

Corrox.--tlrp to Tuesday last, the husiness.done was
very trifling, ,the sales being only from 26000 to 3,000
bales each .day. ,There was, however,are-aetionmenWed-
nesday, when speculation again commenced, and the
sales of the week...up to Friday reached 43,330 bales,
of which 17,960 were taken on speculation,:and 1,950
for export, leaving 23,420 for the trade r mud prices
of the previous week were still current. There is a
strong opinion 'that ;prices will rule higher,before the
end of the season,,though any great advance. Will have
the effect .of .checking consumption. ',TOrDA.Y the
advises per Africa. were to hand, with ..aecounts of
lower markets on=„the other side, in anticipation of
increased receipts, ,and the effect on this market was
to produce a depression, the sales being .only 6,000
bales, of which 2,000 .were on speculation, rand ;prices
were barely maintained. The following a compa-
rison of present ,ratesmnith those of the corresponding
period of last year:-
1854. 1855.
New Orleana,middlipg -16d.... .6 *l.6d.
6C fair
Upland, middling .„
fair .......... ... Id.
The stock is now 586,8801a1es against 891;900,atIlie
..corresponding slate last<year.
PaoDucE.---There ;has ;been a limited business in
=Sugar, owing to the small supply, and prices are
;without change. Coffee ~has sold freely. Tea :very
,inactive, and prices .low or. Cocoa in fair request.
Bice dull. Saltpetre scarce, and prices advancing.
'ln Tallow little doing. TO-DAY, there is no particular
change to notice in our 'Sugar market. The business-
since Friday comprises 100 hhds. 300 bags Demerara;
at 34c. 9d. for raw, and at 38s. to 40s. per cwt. for
vacuum pan. 420 puneheens,-Barbadoes Molasses are
reported at 18s. 6d. per ewt. Nothing further has
taken-place in Rum or Coffee. The Tea market is
very 'inactive, and to effect sales rather lower rates
would,require to be accepted. We have no transae-
tions t,o,natice in Rice. 750 bags Sago Flour have
realised 235. to 235. 6d. per ewt.; >and 100 bags Singa-
pore black Pepper, 41-d. per lb. from the quay, The
better descriptions of Jute continue in good demand,
1,200 bales having been sold from £l7 10s. to
£2O 15s. ,par ton. At auction, 50 tons Rio Hache
Fustic, with all faults, sold at £5 10s. per ton.
W005,.-.-Considering the lightness of stock, the
market has again been active during the week, and
the late improved rates fully maintained. The next
series of public .sales in London will commence on
Thursday next, when upwards of 70,000 bales will be
offered : this being an unusually large quantity put
on the market at once, these sales are looked forward
to with more than an ordinary degree of interest.
Combing skin continues in very active demand, and
would realise full prices. Imports for the week, 107
'bales : viz„ 35 Mediterranean, 63 Irish, 9 Coastwise.

Messrs. Was. GREAUE A4CI Co., in their monthly
circular, say :
We have again a satisfactory report to give of the Wool
market, the amount of business during the past month has
been considerable, both by public sale and private contract ;
the late improvement in prices generally has been fully sup-
ported, and a further advance has been paid on some descrip-
tions, such as East India, Egyptian, Oporto, &c., and upon
which we accordingly enhance our previous quotations. The
arrivals from the Levant and Mediterranean continue to be
unusually small, and stocks of all descriptions of low foreign
Sheep's Wools are now reduced to so low an ebb, as to cause
serious apprehensions a a short supply of these descriptions
for future requirements. Both Alpaca and Mohair have been
in considerable request during the past month ; in the latter
some considerable sales have been made at extreme quota-
tions, but of Alpaca we have been almost entirely without
supply, the late imports having been nearly all sold to arrive,
and holders are now asking higher prices for what is expected,
Messrs. HUGHES and RONALD say :
Since the public sales on the 14th, the Wool market has
been rather quieter, nearly everything of current quality
having been cleared off at that time, and we have been since
left extremely bare of stocks,there having beenveryfewarrivals.
In Wools, of home growth, an active business has been done
throughout the country, and growers who are at all prepared
to accept market value, find no difficulty in effecting sales,
but there is, in many cases, a disposition to stand out for
extreme rates, The clip, as far as has been ascortaihed, is