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

COMMERCIAL and MONETARY NETTS.

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, owine, to the announcement of
another decrease in the stock 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 3+ to n 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 goods.
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 of July 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 probably 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, 2254,192; Metals, £239,541; Haberdashery,
£158,493 ; Cotton yarn, £119,840 ; Hardware, £86,986;
Silk manufactures, £54,874; Leather, £43,372; and
Earthenware, £38,677. On the other side, however,
there has been an increase in Coals, £76,086 ; Butter,
£44,503 ; Wool, £29,139 ; Linen yarn, £26,447 ; Beer,
£22,573 ; and Woollen yarn, £22,019. The respective
totals are £9,439,643 and £8,150,383, making a total
decrease as before stated.

The return of imports shows an increase of almost
every article in general consumption, as will be seen
by the following comparison of the respective quanti-
ties retained for home consumption in the months of
July, 1854 and 1855. They are as follows :---

Wheat, quarters

1854. 1855.
281,050 346,792

THE LIVERPOOL STANDARD.

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 ult. ; 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 shown 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 for
Cheviots White Highland, and Cross, which command full
prices ; but for other kinds the demand has been rather
languid. Sheepskins of all kinds are in request, and being
scarce, full prices can be obtained.
Messrs. W. GBEAME 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 barely supplied for
future requirements. The July-August public sales in London
closed on the 9th ultimo; and notwithstanding the unprece-
dented quantity 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 blanket trade are now
fully occupied. Egyptian and the finer class of Turkey Wools
are much wanted, and sell readily as they arrive at full prices;
some small sales have also been made in Donskoi Fleece at a
slight improvement; the commoner qualities, Smyrna, &c.,
are not 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 Ayres 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.