The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1855-12-04 00:00:00

THE LIVERPOOL STANDARD.

VISIT OF THE KING. OF SARDINIA

co3ntEßcrAL and MONETARY

NEWS.

His Majesty Victor Emmanuel has arrived safely at Wind-
sor Castle,-and is the honoured guest of our Sovereign. The
preparations made-for his reception at Dover were simple and
unostentatious, the Ship Hotel, to which he repaired on land-

MOND.kY NIGHT.

THE Money-market has presented little during the
past week upon which to comment, but the tone has
been considerably more favourab ; the value of the
public funds having steadily improved until a higher
point has been reached than for a long time pre-
viously, and the tendency is still upward. This rise
in the public securities has been attributed to the
growing conviction that a termination of the war is
not at all improbable ; though it is far more likely
owing to the very large receipts of gold from Aus-
tralia, which must,have a sensible effect in improving
the exchanges, and assisting to lighten the pressure
on the money market. No alteration has, however,
taken place in the rate of discount, though first-class
paper has been done on rather easier terms than the
bank minimum ; but there appears to be a general
-disinclination to restrict accommodation as far as pos-
sible. The returns of the Bank of England published
on Friday, show another diminution in the stock of
bullion to the extent of £123,287 ; but, as there is a
decline in the circulation of notes of no less than
£371,330, the reserve of notes unemployed has in-
creased £253,115. It must, however, be remembered,
that none of the recent large receipts of bullion come
into the account, winch is made up to Saturday, the
24th ult. All the other items show an increase ;
private deposits, £642,639 ; and private securities no
less than £864,289.
At Manchester business during the week has on
the whole been favourable, though it is said that prices
are with difficulty maintained, owing to the production
being in excess of the demand, notwithstanding the
number of hands out on strike. In the Woollen
trade a fair amount of business has been done, without
change in value. The hosiery trade has been flat, and
the Lace trade has been in a state of quietude, owing
chiefly to the continued pressure on the money market,
and the uncertainty which prevails as to the negotia-
tions for peace.
The decline in ihe Corn trade continues, notwith-
standing the unwillingness of holders to give way.
There is a larger quantity of home-growth pressed
upon the market, and, as the rate of consumption has
considerably diminished, substitutes for wheaten bread
being found in Oatmeal, Indian Corn, Rice, &c., there
is no doubt that prices will go much lower.
The arrivals of specie during the week, with the
exception of some silver from Belgium, have been
limited to the large ones from Australia by the White
Star, Oliver Lang, and Kent, amounting altogether
to £1,200,000. Of these one-third, the only portion
yet brought upon the market, has been purchased and
remitted to the Bank of France. Meanwhile it is
understood the next specie shipments to India and
China will be of unusual magnitude. From Mexico
£500,000 is now over-due.
The Board of Trade returns for the month of
October have just been published ; but as the com-
parison is made with the portion of 1854, from the
10th of October to the sth of November, a period of
Itwenty-six days is compared with thirty-one days, so
that one-sixth should be deducted from the present
return. The declared value of exports of British pro-
duce and manufactures for last October amounts to
£8,860,594, against £6,472,164 in 1854, showing an
increase of £2,388,430; but, making the deduction
referred to, the increase is £959,305. The principal
items of increase without the deduction are cotton
mmaannuuffacacttess,v2:lB,4s946sl;B9 7 .2
161 W0011en,345.
Cotton-yarn 21:60,805 ; and machinery £111,166 ;
and fish £BO,lBB, The items of decrease are few and
l; i ne n metals,
manufactures3s
unimportant.
The return from the Bank of England for the week
ending the 30th November gives the following results,
when compared with the previous week :
Public Deposits ... £4,798,954; Increase ... £688,824
Other Deposits ... 11,529,385 ; Increase ... 642,689
Rest 3,236,502; Increase ... 15,605

ing,.being the only place that was at all gaily He
arrived in the Vivid at a quarter before eight o'clock on Fri-
day morning, and was welcomed by Royal salutes from the
Blenheim, in the Roads, aiid from one of the batteries on shore.
All the troops in garrison were paraded to receive his Ma-
jesty, and lined the route
.from the landing-place , to the
hotel. His Excellency the Sardinian Minister, with the Se-
cretary and principal attache's, Baron Marochetti, the celebra-
ted sculptor, Lord Byron, Lord Chelsea, Mr. Rice, M.P., the
naval and military authorities of the port, the Mayor, and
other officials, were also in attendance, and the King pro-
ceeded without delay to his hotel, welcomed along the route
by the cheers of the inhabitants.

corated.

PERSONAL APPEARANCE OF HIS MAJESTY.
His Majesty is rather older in appearance than might be
expected from his age, and there are deep traces in his face
of the domestic affliction which he has recently sustained.
He is inclined to be stout, but his bearing is upright and sol-
dierlike, and his features, though not handsome, are marked
by an expression of dignity and firmness combined with good
sense and moderation of character. He wore the uniform of
a General in the Sardinian army. He remained for two hours
at Dover to rest and breakfast, and before taking his depar-
tare an address was presented to him by the Mayor and Cor-
poration of Dover. The Marquis d'Azeglio, on behalf of His
Majesty, made the following reply:—
" ' Gentlemen —You are the first who have offered to me on
landing on the hospitable soil of England words of congratu-
lation and of yelcome: these words are more highly appre-
ciated by me on that account, and I am most happy to receive
through you the first marks of sympathy at the moment I am
realising a wish long entertained by me of visiting the Sove-
reign of this great country. The expressions you have
adopted in pronouncing an eulogium upon the Sardinian
army in the Crimea were most grateful to my ears, and I am
sure that the approbation of the countrymen of those who
combated so well at the Alma and at Inkermann will be
highly valued by our soldiers. I accept the expression of
your good wishes as a happy omen of my journey, and I beg
that you will convey to your fellow-citizens whom you repre-
sent, my sincere sentiments of gratitude."

JOURNEY TO LONDON.
At ten o'clock the King and his suite were conveyed in car-
riages to the railway station, being marshalled on their way
by the corporation walking two abreast, the troops presenting
arms; the people cheering lustily, and the Castle on the heights
firing a Royal salute. On the journey up to town, the only
halt made was at Tunbridge, and there the station was filled
with people from the neighbourhood, who gave his Majesty a
most enthusiastic welcome. With the exception of the Crystal
Palace, there is no very striking object for a stranger along
this line of approach to the metropolis. London, as the Royal
train approached it, lay enveloped in mist and gloom, thr6ugh
which the rays of the sun, bright and clear outside, in vain
struggled to penetrate. The Bricklayers' Arms station was
reached at ten minutes past twelve o'clock, and there Prince
Albert was waiting on the platform to receive and welcome
his illustrious guest. Sir G. Grey, the Lord Mayor and
Sheriffs, Sir Richard Mayne, and other officials were also in
attendance with the same object, and were presented by his
Royal Highness after he had shaken hands with the King.
The Coldstream Guards supplied the guard of honour, and
the band of the regiment played the national air of Piedmont
as his Majesty alighted and took his departure in an open
carriage for Paddington. The escort was formed by the Royal
Horse Guards, and the line of procession was the same as that
followed on the occasion of the Emperor Napoleon's visit. It
lay through the Borough and Lambeth, across Westminster
Bridge to Charing Cross, along Pall Mall, St. Jamei's street,
Piccadilly, to Hyde Park, and thence by the Drive and the
west corner of Hyde Park Gardens to the Great-Western
Station. His Majesty looked highly gratified, especially in
passing along Pall-Mall, all the clubs in which were crowded
with members and their friends. The Sardinian flag was dis-
played at many points along the route, but the show of bunt-
ing was not great, and everywhere there seemed to be a dis-
position not to treat Victor Emmanuel as a stranger.
ARRIVAL AT WINDSOR.
His Majesty reached Paddington station about one o'clock,
and, proceeding thence by special train, arilvect safely at
Windsor Castle at a quarter-past two. Her Majesty received
her illustrious guest, on alighting from his carriage, at the
grand entrance. The Queen was accompanied 'by the Prince
of Wales, the Princess Royal, Prince Alfred, and the Princess
Alice, and was attended by the Duchess of Sutherland and
the Ladies in Waiting, the Officers of State of her Household,
and the Gentlemen in Waiting. The Duke .of Cambridge,
Viscount Palmerston, and the Earl of Clarendon were also at
the grand entrance.
The King was 'attended by the Marquis d'Azeglio, his Ma-
jesty's representative at the court of Great Britain, le Comte
de Cavour, le Due Pasqua, le Chevalier Nigra, le Comte Mo-
rozzo de la Rocca, le Chevalier Maxime d'Azeglio, le Chevalier
Luserna d'Angrogna, le Chevalier Carderina, le Chevalier
Cigala, le Comte de Permit, le Chevalier Riberi, le Comte de
Barone, le Comte de Rebilant, and also by Lord Byron and
Colonel the Hon. A. N. Hood, Lord and Groom in Waiting to
the Queen, deputed to attend his Majesty during his stay in
this -country.
The royal cortege from the railway• station to the castle
comprised -several open carriages, with outriders in scarlet
liveries and an escort of the 2nd Life Guards. The band of
the 2nd Life Guards was on duty in state uniforms on the top
of the Castle-hill.

On the other side of the account :
Government Securities.. £10,339,848; Increase ...£215,000
Other Securities ...... 18,651,439; Increase ... 864,289
Notes unemployed ...... 5,492,645; Increase ... 253,115
The .amount of notes in circulation is £19,050,900,
being a decrease of £371,330, and the stock of bullion
in both departments is £11,139,937, showing a
decrease of £123,287 when compared with the preceding
return.

ISSUE DEPARTMENT.
Notes issued ... £24,543,545 Governmt. Debt £11,015,100
Other Securities 2,984,900
Gold coin & bu1rn.10,543,545
Silver bullion ...

Within the quadrangle of the Castle, a guard of honour was
'sr i.iropatr anaVaS WWI +hP bona 4-. r OAP en.
'trance of the King in e quadrangle, commenced pizyg the
Sardinian national air.
The Eton scholars had assembled at the base of the Round
Tower, and greeted his Majesty with loud and repeated accla-
mations. The King of Sardinia and her Majesty the Queen
passed up the.grand staircase, followed by Prince Albert, the
Prince of Wales, the Princess Royal, Prince Alfred, the Prin-
cess Alice, and the Duke of Cambridge, and were conducted by
the great officers of state to one of the state rooms, where the
Queen and Prince presented to his Majesty the ladies and gen-
tlemen of their court, and the Xing introduced the noblemen
and gentlemen of his suite to the Queen and Prince. His
Majesty subsequently proceeded to his apartments, which con-
sist of the Queen's state drawing-room, the old ball-room, 'the
Queen's closet, and the King's closet.
The gentlemen of his Majesty's suite occupy rooms in the
north front and•west front of the Castle.
The King wore a hussar uniform, blue, with silver appoint-
ments. Their Royal Highnesses Prince Albert and the Duke
of Cambridge were in military'' uniform, the Prince of Wales
and Prince Alfred wore 'the Highland dress, and all the
Gentlemen in Waiting appeared in uniform.
In the afternoon the King, with the Queen and Prince
Albert and the Duke of Cambridgeoisited her Royal High-
ness the Duchess-of Kent at her residence, Frogmore.
The Queen gave a dinner in the -evening in St. George's
Hall. The party included—His Majesty the King of Sardinia,
her Royal Highnessthe Duchess of Kent, the Princess Royal,
the Duke of Cambridge, the Duchess of• Sutherland, the Duke
of Wellington, the Marquis d'Azeglio, the Marquess .of
Breadalbane, Earl Spencer, the Earl of Clarendon, Viscount
'Palmerston, and other distinguished persons.

BANKING DEPARTMENT.
Prop. Capital ... £14,553,000'G0v. Securities £10,339,848
Rest .. • ... 3,236,502 Other Securities 18,651,439
Public Deposits 4,798,95 Notes ... 5,492,645
Other Deposits 11,529,385 Gold & Silver Coin 596,392
7-day &other bills 962,483
£35,080,3 £35,080,324

Our SHARE MARKET has been remarkably steady all
week, with the tendency of prices decidedly towards
improvement. This has been most marked in Leeds
stock, Dutch Rhenish, and Great Western of Canada
shares, in all of which there has been a decided ad-
vance. Other stocks are in demand also at higher
rates, excepting, perhaps, London and North-Western,
which, from some unaccountable cause (it is rumoured
another investigation is imminent), continues very
heavy. The Eastern Counties report has been issued,
but not having given satisfaction. Mr. Waddington
promises explanation. Local stocks are steady and
scarce. We annex this day's prices :---Eastern Coun-
ties, 8 11-16 • Lancashire and Yorkshire, 77 61 7 ;
London Stock, 938 ; Midland Stock, 63i 4 3-1 4;
South Eastern, 17 5-16 ; Midland pref. 41 per cent.,
15i ; Great Western of Canada, 23t.

COTTON.—The market during the week has been
steady, and buyers have operated more freely, owing
-to the smallness of stocks, by which a decline has
been prevented which would otherwise have been the
.case, as holders seemed willing to realise, and stocks
lave been freely offered. Fair and better qualities
being more plentiful, have, however, suffered a decline
of from *d. to FL per lb. The sales during the week
up to Friday amounted to 49,470 bales, of which 2900
were taken on speculation, and 5790 for export, leaving
40;780 for the trade. TO-DAY, the advices by the
Aga were received, and they had the effect of givinc,
a better tone to this market. The sales reached 8000
bales, including 1500 for speculation and export, and
prices were steadily maintained. The following is a
comparison of present rates with those of the corres-
pondiug period last year.
1854 1855
New Orleans, middling 5 1-16 5 11-16
fair
• •
Upland,iddli middling
„ fair

VISIT TO WOOLWICH.

The Queen took hevroyal visitor, the 'King of Sardinia, on
Saturday to see the workshops of -the arsenal at Woolwich,
-and to witness a review of artillery on the common. His
Royal Highness Prince Albert and his Royal Highness the
!Duke of Cambridge accompanied their Majesties, who were
:attended by a brilliant -suite. They proceeded to the Nine
'Elms Station from Windsor by special train, and were thence
-conveyed in carriages to ,the arsenal, where all the heads of
departments were waiting to receive them. The route which
they followed in the course of their inspection took them
first to the shop for boring and tnrningbrass ,cannon, next to
the-foundry for casting this •description •of ordnance, then to
that for casting shells and other projectiles.; thence they passed
through the engine-room andsraithery intothe great workshop,
which,.by a curious perversion of-the word in its ordinary sig-
nification, is called "The Laboratory, and in which a va-
rietyof processes connected with the manufacture of shells,
Minie bullets, percussion caps, rockets, &c„ are tarried
on. Proceeding along the river •quay of the arsenal, the
RoyaLvisitors had a good opportunity of observing the enor-
mousespe c
trophies,lis
scale upon which the demand for mar.materiel (shells
ial
being:nciueminegt fiinela rtithaisesllterabl
" proof" -department, the inspection of some interesting Rus-
sian yaislndimmenetd.icaCl lsotoseretocatrhtse,
&c., arrested their attention for a -short time. ' .They
then
examined ;various arrangements for -testing •the strength of
gun-metal, and, in connexion with them, the fragments of
time to
different descriptions of cannon that had from time
burst when ,in course of proof. The Lancaster shell factory
was also visited, but was, from some •cause or other, not
I examined with/that degree of care which the grandeur of the
mechanical processes exhibited there might have been expected
Ito excite. Crossing the Artillery-park, which is everywhere
covered withenormous supplies of mat6riel, including gunsof
all kinds and sizes, mortars, platforms, waggons,&c., the Queen,
accompanied by the Duchess of Sutherland and the Hon. Flora
Macdonald, proceeded in her carriage to the Royal Artil-
lery Barracks, while the King of Sardinia, Prince Albert,
the Duke of Cambridge, and the suite took a rapid survey of
the carriage department. They then mounted :an horseback
and rejoined Her Majesty at the Barracks, where luncheon
was served in the mess-room. The Royal party then reviewed 1
a troop of Horse Artillery and a field battery on the common, I PRoDucE.---The depression in the Sugar market
after which they returned-to the Barracks, and Her Majesty, has
the presence of her illustrious guest and ally, had a number 1 eils
of wounded Sappers and Artillerymen from the East brought doing in Coffee, Cocoa, Molasses, and Spices. Little
into her presence. The ceremony took place in the library, doing in Tea ; for Rice a fair inquiry. Rum rather
each of the poor fellows bearing a card which set forth his easier, Palm Oil cheaper. Tallow somewhat lower.
name, the length of his service, .and where he was wounded. To DA.Y. there has been a little more inquiry for Sugar,
To all Her Majesty addressed words of sympathy, rendered all -
1300 mats Mauritius having been sold, the price of
the more precious by an earnestness of manner which in one
case was manifested even by tears. At the close of this which has not transpired, and a small lot of Ceara at
affecting reception, the Royal party re-entered their carriages, 475. 6d, per cwt. We have had rather a heavier
and, returning to Nine-elms station by the same route as they market for Rum, and 60 puns. Demerara and 30 puns.
had followed in the morning, were safely conveyed thence by St, Lucia are reported at rather easier rates. There
special train to dsor.
Her Majesty had Win a dinner-party in the evening. The corn- has been a more general inquiry for Coffee, and nearly
pany included hlis Majesty the King of Sardinia, her Royal 3000 bags Rio sold at 445. 6d . per cwt. A fair
Highness the Duchess of Kent, her Royal Highness the Prin- amount of business has been concluded in good and
eesa Royal, his Royal Highness the Duke of Cambridge, the fine new season's Congou Tea, at previous prices.
Duchess of Sutherland, the French Ambassador and the Nothing has transpired in Rice or Saltpetre. A small
Countess de Persigny, the Countess of Granville, the Duke of
eel of Sapan Wood, by auction, sold,at £l5 per ton.
Argyll, the Duke of Wellington, the Belgian Minister and par -- have
Madame Van de Weyer, the Sardinian Minister, the Marquis W00r..---We w e no alteration to notice in the
of Breadalbane, Earl Spencer, the Earl and Countess of Wool market since our last, with the exception of a
Clarendon, the Earl of Hardwicke, the Earl of Minto, better feeling as regards the future. Good fire Turkey
Lord and Lady John Russell, Lady Fanny Howard, annears to be much wanted, but there are no stocks.
Lady Caroline Barrington, Baroness de Speth, Lady Isabel -Lt. low . -
Howard, Viscount and Viscountess Palmerston, Viscount x Smyrna, ore., there is no inquiry, and to force
or
'
Hardinge, Lord Panmure, the Right Hon. Sir Charles Wood, sales a considerable reduction In the price would have
the Right Hon. Sir James Graham, the Hon. and Rev. W. and to be submitted to, which holders do not feel inclined
Mrs. Moore, Colonel the Hon. C. B. Phipps, the Provost of to do. In Egyptian also there is not much doing, and
Eton, Lieutenant-General Sir Jobn Burgoyne, Major-General prices without alteration. For the finer qualities of
Sir Colin Campbell, Miss Codrington, Misses Maria and Emma
Peruvian and Chilian there is a good demand,and they
Codrington,
Codrington, Chevalier Canna, Count Corte, Count de Cavour,
Inc Pasqua, Chevalier Maxime d'Azeglio, Major-General are bought up immediately on their arrival. Stocks
Count Morozzo de la Rocco, Major-General Chevalier of all. sorts continue very light. Imports for the
Luserna cr-
A ngrogua, Major-General Chevalier Carderina, week--4459 bales Peruvian, 390 Australian, 100 Me-
Chevalier Riberi, k.:.%
lonel Chevalier Cigala, Captain Count de diterranean, 67 Portugal, 230 Scotch, 8 Irish, and 7
Barone, Captain'Coii"t 'lls' RobilanteCapt Count de Persan,
coastwise ; total, 2261 bales.
the Chevalier Nigra,Lo
' rd 13—.4311, Colonel the Won. A. N. Hood,
-1 Mr. Gibbs. W. and Co.,in th •
Messrs. GRLtME A., err monthly
Colonel the Ron. J. Macdonald '• .
, an, 4--r dinner in the circular, say The Queen's private band attended 4-tsson er-
Mtisig-rOom, and, under the a"--
' I)
The inactivity in the Wool market, not* in our circular
formed a selectionof favourite direction' of Mr. Alit"— -4 the Ist ultimo, continued unabated during the earlier part
pieces.
On Sunda ''• •
Sunday, 3,2 s majesty the King of Sardinia -4 month ; but the improvement towards the close of
by a special t •attended by left Windsor '-'^ - -combined with an easier feeling in the
rain, the Sardinian Minister andthe of the p,... IAS, ,
gentlemen of his gaffe a-id proceeded to London for the " the lannd.on ra.-- -...ded to create more confidence‘;' and
of attending divine ' " 4. ePttrno.-- ie ve,.nev Market, has lx—• ..-4 manifest on the part'ix both
servied i,; the .sardinian Chapel, in - ' is sun
street, Lincoln's-inn-fields, - 1.
,Nithong

c F
eNNTlNo.(eivLe.nk3go
tPohrliegsvyi Wrea This N0v.30
SALES. IMPORTS.
r. N0v.30
ending,
r_ --.A- •
OEsCRIPTION. ?It 1 •
Tear.
ea
59V670'
167210
855115
.... 5.5114 22030
. 34342 17100
31939 17740
.... 831 380
014 99663 49210
,1 6146 2800
, ... .
.. 253609 107530
....I

Sea Island
Stained ......
Boweds
Mobile Ak 51 6900 319020
New Orleans_
Permuns, &C 6 7 , 1230 44170
Bahia, &c.
Maranham 6 7 240 46950
Demerara,&c — ••• •I 700
Egyptian si 9 I 2350 114180
Com.W.l.&e 5 I 130 6740
Surat
Madras
Bengal 3/ 40 2950
1

----i------
49390 2818020;1 214192`•429 334930