Star.
London, England, 1822-01-24 00:00:00

COMMERCIAL INTELLIGENCE.

There is great abundance of money at present, and
not much employment for it in trade. Several articles
of East Indian prod uce,which had been extremely low,
Lave become an object of speculation, and have con-
sequently undergone a considerable advance in value.
In West India produce some business was done
!sterday, particularly in Coffee, which is 4s. dearer.
sugar also fully maintains its last advance. No de-
cline has taken place as yet in Rum, though it was
expected in consequence of the fall in British spirits.
At the Corn Exchange yesterday, there was a short
supply of all kinds of grain. Barley Is. dearer. Fine
Wheat likewise a shade higher, but Oats do not im-
prove in value.
ImPRoVENI ENT IN TRAM—Several of the principal
manufacturers in this town last week advanced the
price of weaving 3d. and 6d. per cut or piece; and
we feel pleasure in stating that the trade is at present
in an improving condition, and that all hands are in
full employ.—Blackburn Mail.
A letter from an Englishman, dated Valparaiso,
October 10, 1821, says, •"fhe only good to be done
in trade in South America is with a small capital to
, and a little agency. A cargo of goods should be
small—a little of everything ; the best chance is along
the coast. The duties in Chili are ruinous, as they will
Lima. Power being in the hands of ignorant
who have not a thought about the interests of
:üblic, nor a feeling fur the sufferings of indivi-
ials, no honest or independent man can do business
these countries; to pay duties, as fixed by law,
would be to sink everything—he must go through
all the filth of smuggling. The wise Senate of Five
id Director of Chili have just passed the following
lmercial law :—' That no foreigner is to have
consignment of goods for sale.' They havenamed
ie individuals, natives of the country, out of whom
you may choose your consignee! In England you
won't believe these things ; but come here with a
cargo, and you have it in a tangible shape."
A letter from Valparaiso, dated September 28,
1821, states,—" Sir Thomas Hardy has arranged every
thing to his satisfaction with Lord Cochrane ;—his
Lordship has declared he will not interfere with Bri-
tish vessels in future. Produce has experienced a
considerable advance in consequence of the fall of
Lima ; wheat is woi th 16 reals per fanega ; tallow
ia Rama, eight dollars per quintal ; jerk beef, five
(Vlars four cents ; copper, twelve dollars four cents
to thirteen dollars ; hides, ox and cow, sixteen reals
rach. Our arrivals, since last advices, are the Tran-
more, from Liverpool, on the 29th ult. Speculator,
from Buenos Ayres ; Petrel, from ditto; the Will,
from Rio de Janeiro ; the Mercury, American ship,
from Bremen (sailed for the coast of Peru) ; His Ma-
jesty's ships Conway and Creole, from Callao; and
Dauraless, from New South Wales; the United
States fiigate Constellation, from the coast of Peru."
TRADE TO MEXICO LAID OPEN.—A Glasgow paper
says By letters from the Havannah, dated the
11th ult. received in Glasgow this morning, we learn,
t! at a brig of war had just arrived at the former
}.;ace, which brings the important advices that the
t gports of Mexico, viz. Vera Cruz, Tampico,
Alvarado, on the east coast, and Acapulco, and St.
lilas, on the west coast, had been declared open to fo-
p:ign commerce. The duties on imports by foreigners
x. ere fixed at 25 per cent. and by Spaniards (na-
tives) 15 per cent. The produce of the country to be
ti ported free of duties, except cochineal and vanilla,
).,-.ld two per cent. and silver six per cent. export du-
I it.. The only prohibited articles for import are Boar
;Ind tobacco. We congratulate our merchants upon
t. i i intelligence. By this opening Luna sinks into in-
..
~..zinbcance."