The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1855-09-04 00:00:00

COMMERCIAL and MONETARY NEWS.

MONDAY NIGHT.
So little has occurred to interrupt the quietude
which ordinarily characterises this season of the year,
that hardly any opportunity is afforded for comment.
The Funds have maintained their value, with scarcely
a change in quotations until after the publication of
the Bank returns in Friday's Gazette, when they
slightly receded, owinc, to the announcement of
another decrease in the stockb of bullion to the extent
of £570,991. TO-DAY, however, the decline was
mostly recovered. Money for commercial purposes
has been easy, the rates of discount for first-class
paper being from 31 to 32- per cent., and as the rates
of exchanges offer no inducement for shipments of
specie to the Continent, there is nothing to disturb
the present confidence in commercial security, not-
withstanding the occasional false alarms.
The market at Manchester is steady, and prices are
looking up, owing to the more favourable appearance
of the harvest. Should the present expectations of
abundance be realised, there is no doubt that a con-
siderable impulse will be given to the demand for
manufactured goads.
From a return which has just been published by the
Board of Trade, it appears that there is a decrease of
no less than £1,289,260 in the declared value of
exports of British Produce and Manufactures, for the
month of4uly last, as compared with the corresponding
month of the previous year. This is attributed in
some degree to the large amount of exports in July,
1854; but at the same time it shows an amount of
stagnation in trade, which probablT arises from the
unsettled state of the principal foreign markets, and
the evident disinclination to make further speculative
Shipments until we have more definitive intelligence
of the progress of the war. The following :are the
chief items in which there has been a falling.off:—
Cotton manufactures, £320,134; Woollen manufac-
tures, £254,192-; Metals, £239,541; Haberdashery,
£158,493 ; Cotton yarn, £119,840 ; Hardware, £86,986;
Silk manufactures, 854,8144; Leather, £43,372; ana
Earthenware, :C38,677. On the other .side, -however,
there has been an increase in Coals, £76,086; Butter,
£44,503; Wool, £29,13 ; Linen yarn, '£26,447: Beer,
£22,573 -; and Woollen yarn, £22,019. The respective
totals are £9,439,643 end £8,150,383, making•a total
decrease.as before stated.

The return of imports shows =increase of almost
every article in general consumption, as skill be seen
by the .followirig comparison of 'the respective quanti-
ties retained for home consumption in the months of
July, 1 54 and 1855. They are as follows-:---

1854. 1855.
281,050 346,792
106,677 167,298
250,364 289,227
332,654 457,982
2,965,218 3,691,124
~. 728,128 1,049,868
5,086,416 8,570,331
64,310 85,488
348,965 323,252
556,437 587,602
2,397,582 2,630,189
27,087 21,141

'Wheat, quarters ...
Indian corn, quarters
Flour and Meal, cwt....
Cocoa, lb. ...
Coffee, lb. ...
Sugar, cwt. ...
Tea, lb. ...
Rice, cwt. ...
Spirits, gallons
Wines, gallons ...
Tobacco, lb. ...
Currants, Figs, & Raisins, cwt.

Lemons andiforanges, Cashel
Spices, lb. ...

4,908
309,221

8,322
466,718

In the comparison of imports Of raw materials for
-manufactures, there is a falling alf in Flax, Henna,
:Cotton, and Silk ; but: fax increase in Wool and Tallow,
the.quantities, after deducting the-amount re-exported,

Jury, 1854. JuLx-, 1865.
Flax, cwt. ._ ... 196;105 133,131
Hemp, cwt ... 126;9721 100,271
Cotton, cwt...:. 701;273 651,258
Tallow, cwt..... 51,484 85,453
Wool, lb. ... 8,6£E,079 13,126,028
Silk, lb. ... 341,918 ----

In July, 1855; the exports of raw Silk exceededithe
imports by 43,7521b5. Palm Oil shows a large•
crease, as do also Metals. :Timber has declined.;: but
Dyes, Glass, Hides, and Leather manufactures . are
-about an average.
The return fronfile Bank of .:England for ihetweek
ending the 25th crA.ugust gives- the following results,
-when comparedtvrith the previous week :
Public Deposits ... X 6,971,825 ;Increase ... £665;088
Other Deposits ... 11,
674,829:; Decrease... 575-571
Rest ... 3,327,349.; Decrease... 42,402
Con the other side of the account:--
Government Securities.. £13,025,164; Increase ...X215,000
Other Securities .. 14,995,232; Decrease... .354,995
Notes unemployed..,..... 8,874,555; Increase ... 52,226
The amount re, notes in circulation is £'20,042,215,
timing a decrease of £234,925, and the stock of
lullion in both -departments is
_Z15,545,987, shoWing
a decrease of. £570,986, when ioompared with the
,preceding return.

ISSUE DEPARTMENT.
Notes issued 1828;916,770 Governutt. Debt £11,015,100
Other Securities 2,984,900
Gold coinA bu11'n.14,916,770
Silver bullion ... ...

1E28;916,770;

£28,916,770

BANKING- Dl
:Prop. Capital ... X14;553,000
Hest - 3;327,849
Public *Deposits 6,9714829
ether Deposits 11,67020
7.-day & other bills 997;165

e87,624J68i

THE LIVERPOOL STANDARLD,

1 Wool is in good request, and meets with ready sale.
Spanish frontier, &c. Wools are much wanted, and
prices high. For the finer descriptions of Turkey
there is a good demand, but the lower qualities
remain inactive. Oporto, Castelbranco &c., are also
much inquired after : generally speaking, the market
wears a favourable aspect. Stocks of all descriptions
are unusually light, and prices very firm; The
Imports for the week are : 2,226 bales Australian,
62 bales Buenos Ayres, 2,893 bales East India, 257
bales Mediterranean ports, 466 bales Scotch, 49 bales
Irish, and 37 bales coastwise. Total, 5,990 bales.
Messrs. HUGHES and RONALD, in their monthly
circular, say :---
The course of business during the month has been of a
steady and improving nature, although the extent of transac-
tions has been very much interrupted from the want of stock
of descriptions suited to the present demand. A considerable
clearance was made at, the public sales held here from the 14th
to the 17th nit. ; a good demand has existed since that time,
but there has been nothing of any moment to report. The
receipts of East India have been on a somewhat liberal scale,
the recent arrivals rather exceeding 4,000 bales; but no time
is yet fixed for the next public sales, and it will be desirable to
allow a proper interval, to enable the trade to work' up, their
stocks. From all quarters the supplies of foreign continue on
the most limited scale, which is likely to continue, prices in
this country being still unremunerating ; and sooner or later
the trade will suffer considerable inconvenience from this
cause. Throughout the manufacturing districts there is a
progressive improvement
in most branches of business, and a
good deal of idle machinery has been set in motion. In
English Wools the trade has sown more disposition to operate
freely, and prices are well maintained. Irish: The chief de-
mand has been for export, for which quarter more than the
usual quantity has been 'taken this season, and purchases are
now made with more 'difficulty. Scotch: The market has
been indifferently supplied; the chief demand has been Tor
Cheviot, White Highland, and Cross, which command full
prices; but for other kinds the demand has been rather
languid. Sheepskins of all kinds are yin request, and being
scarce, full prices can be obtained.
Messrs. W. GREAME and Co., in their circular,, say :
There has been an active demand for most descriptions of
Wool during the past month, and considerable sales have been
made both by public auction and private contract at very
satisfactory prices, leaving the market very barelysupplied for
future requirements. The July-August public sales in London
closed on the 9th ultimo; and notwithstanding the unprece-
dented quuntity offered at this series, 80,000 bales colonial and
foreign, the' result was highly satisfactory, and prices were
well sustained throughout. Public sales took place here on
the 14th to 17th ultimo.; prices generally were fully main-
tained, and in some cases a further slight advance was appa-
rent : 'This, however, chiefly applies to good white and yellow
East India, and the finer qualities of grey suitable for the
government orders, with which the blaaket trade are now
fullyoccupied. Egyptian and the finer-class of Turkey Wools
are much wanted, and-sell readily as they arrive at full prices; I
some small sales have also been made'in Donskoi Fleece st-a
slight improvement; the commoner qualities, Smyrna, Sr.c..,
arenot in so much request, and present stocks consist chiefly
of these descriptions. Peruvian continues in good demand,
particularly the Merino qualities both washed and unwashed :
this remark also applies to the finer sorts of Entre Rios and
Buenos Ayrei Wools, but the common qualities and Cordova
are neglected.. Portugal and Spanish are still much inquired
for, but stocks almost "nil." In British Wools there is no
alteration to 'notice; a good steady business 'doing at .firm
prices.

Messrs. ABRAM GARTSIDE and Co. say
Since our circular of the 17th August there has :been no
important change in the Wool market. The consumption is
good and demand steady:; but in consequence of insufficient
stocks of most descriptions of imported Wool, and the -absence
of many kinds, transactions are on a moderate scale, but the
limited arrivals sell readily at full rates. The extensive orders
given to our manufacturers by the English and Continental
Governments for army and navy clothing will require large
supplies of white and 'coloured Wool. Far home-grown Wools
there is a good feeling, and the desire to realise that was
shown by some of thedealers a few weeks ago having subsided
without shaking the ,confidence of the farmers,. has been suc-
ceeded by an improving tone, and the decline submitted to is
nearly Tegained.
-Thum—Messrs. HOLME, SLAVER, and CROOK, in
their monthly oracular, say :---
The arrivals into the Mersey,' containing Timber from
British North America, during the month -are-94 vessels,
79,157 tons, against 97 vessels, 70,692 tons, for the corres-
ponding period last year. This tonnage has been principally
employed in the importation of Deals from et. John's and
other ports ; theimport of Quebec, St. John, and other Pine,
has been on a very limited scale, and there being a small stock
on the market, the price has advanced for all Square Timber,
but for Deals therates are at present stationary. There is an
average consumption, and a prospect of improvement in the
I price of Spruce; Deals, which are, at the -present wholesale
prices, 50 per cent. below the Square Timber rates. It
cannot be denied, that an extraordinary simultaneous import,
'of any article 'of Commerce, will have an effect on the
price; if forced .en the market, (which being limited,) and
must necessarily cause a fall in the value. We cannot, under
import,
unless circumstances, recommend a continuance of the
unless the freight is reduced to an approiimate scale. Of
Baltic Timber, the arrivals during the -month are 4 vessels,
883 tons, against 10 vessels, 2,358 tons, for the corresponding
period lost year. Five cargoes have been sold during the
month ; three of Danzig, at the following rates :—one con-
sisting of the best middling at 21d., good middling 181 d., and
common middling at 17d., with undersized wood at id. per
foot less on each description, and Lathwood at 30s. per foot ;
one to the country at 21d., 19d., and 18d. per foot, and one to
arrive at "rates which have not • yet transpired. One cargo of
Memel, consisting of crown, best middling, and common,
realised 2.341.,21.d., and 18d. per foot ; second Deals, £ll 10s.
per standard ; Crown Pipe Staves, £l5O ; and Lathwood, 30s.
per foot. Of Mahogany, the next sale will take place at
'Birkenhead DO the 12th September, of the-finest assortment
ever offered for public competition.
METALS.---There has been a steady demand during
the week for Scotch Pig Iron, but no important change
,has taken place in prices, so that quotations remain
,unaltered. Other articles are also without change.