The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-08-03 00:00:00

COMMERCIAL AND MONETARY NEWS.

MONDAY NIGHT.
WE have had a slight increase in the quantity of
Bullion at the Bank, amounting to L 76,671. This
small sum is, however, sufficient to show that there
is no prospect at present of any serious interruption
of the influx of Gold to this country. We are far
from entertaining the opinion that such a contin-
gency, with all the fearful results which have as
usual flowed from the preventive efforts of the
Bank, cannot again occur, notwithstanding the
immense increase made to the stock of the precious
metals throughout the world. And hence we can-
not, like some persons, bring ourselves to believe
that the vicious principles of our monetary system
have been removed by the discovery of the Aus-
tralian and Californian deposits.
The return from the Bank of England for the
week ending the 24th July gives the following re-
sults when compared with the previous week :

Public deposits .. £2,802,361; Decrease £275,509
Other deposits .. 15,464,288 ; Increase 749,200
Rest .. 3,194,140; Increase 3,662

On the other side of the account—
Government securities £13,784,546 ; Decrease 195,070
Other securities.. .. 10,782,182; Increase 110,280
Notes unemployed .. 12,476,665 ; Increase 565,290
The amount of notes in circulation is £23,231,410,
being a decrease of £516,325 ; and the stock of
bullion in both departments is £22,065,349, show-
ing an increase of £76,671 when compared with
the preceding return.
The reactionary decline in prices in our Share
Market, noticed in our last publication, has con-
tinued during the greater portion of the past week.
On Saturday afternoon, this received a check, from
the extent of the fall having induced a resumption
of the buying on the part of the public. This has
been continued to-day, and the tone of the market
is consequently very firm, with prices showing an
upward tendency. The traffic returns continue to
contrast favourably with those of previous years.
Mining Shares are firm, but are little dealt in. We
annex this day's quotations :—Chester and Birken-
head £22, ; Eastern Counties, 111 1 -1; East
Lancashire, 181 19 1- 19 181; Lancashire and York-
shire, 841 4 ; ditto fifths, 31d; London stock, 1314
4 1 30+; ditto new quarters, 32+; Sheffield stock,
341; Midland stock, 77 7 ; North-
Western, 9 ; Oswestry and Chester, 15 ; Dover
stock, 22c 13i York and North Midland, 271 ;
Demerara, 71; Dutch Rhenish, 216 ; Royal Insu-
rance, 15.16 1 1-16 15-16 1p; Pacific Steam Com-
pany, 841.
The past has been a quiet week generally, and
prices of our leading articles of import, such as
SUGAR, COFFEE, and TEA, have been barely sup-
ported. DYES generally have maintained their
value. COCHINEAL is again quoted higher; but
INDIGO is 2d to 4d per lb lower. COTTON con-
tinues in fair demand, and is attracting the atten-
tion of speculators. Prices are moderate ; the
consumption is large, and the American crop is in
port, so that all parties can foresee no probable
supply to the end of the year. By the steamer
Canada, which vessel arrived on Saturday, there is
little new. The prospect of the coming crop was
good; but the effect as to probable prices must de-
pend upon next s'ear's consumption, not this.
The prospects for our own harvest are excellent,
and the intelligence received from most foreign
countries unusually favourable to a large supply.
There are rumours respecting the Potato disease,
but they should be received with great caution, as
we have never had a year without more or less
disease at this period.
PRODUCE.—To-day, the markets for most sorts
of Foreign and Colonial Produce are steady. For
SUGAR the demand has been good, and the sales,
since the publication of the Brokers' Circular,
reach about 500 hhds., of which there were 80 Barba-
does, at 325. to 388., 250 hhds. St. Lucia, at 30s. 3d.
to 325., 30 hhds. Vacuum Pan Demerara, at 345. to
395.; also, 700 bags Dates, at 345. 6d. to 385., and
160 bags good brown Pernams, at 19s. per cwt.
The COFFEE market is steady, and we note sales of
120 bags Costa Rica, at 48s. 6d. per cwt., and 180
bags Sincapore, at 355. 6d. to 38s. The market for
TEA. is without animation. About 80 puns. Deme-
rara Russ are reported, at previous rates. 90 cases
of CASTOR OIL have changed hands, at 31d. to
4,1 d. per lb. 100 bales first-class damaged
MANILLA HEMP, at £42 per Cwt.
COTTON.—The sales of Friday, Saturday, and
to-day are about 28,000 bales. Speculators and
exporters taking fully 1,000 bales. The market
closed firmly with a hardening tendency.
Wool..—We have before us several of the
monthly Wool circulars, published by our leading
Liverpool brokers, which concur in stating that the
demand has been good, though transactions have
been limited in part by the elections, and the public
sales which have been going on in London, and with
respect to some descriptions, by the inadequate
supply in the market. Messrs. Hughes and
Ronald state that—

" About 1700 bales were offered here at auction on the
27th ultimo, chiefly low Wools, of which 1200 bales were
East India : good qualities being scarce, brought extreme
prices, prime white as high as 100. per lb., which was
equal to the highest price lately obtained in London :
other qualities were less sought after, but on the whole
prices were about the same as the late London rates.
About 50 bales Buenos Ayres, chiefly middle qualities
Mestizo, brought 71d. to 11d. per lb., and 2 bales pure
bred Saxony rams Is. 9d. per lb. A few lots of Spanish
border Wools, R's, sold from 141-cl. to 170. per lb. ; most
of the lower kinds of Lisbon were withdrawn. 12 bags of
assorted white Oporto fleece brought 10Id. per lb., but
the rest of the fleece were taken in."

The public sales in London, which will continue
till the 6th instant, were not going on with the same
spirit as the previous sales; and prices there were
generally quoted lower, more particularly of the
finer sorts, from is. lod. per lb. and upwards,
which, being scarce at the last sales, were sold
higher in proportion. The decline on these sorts
was from id. to lid. per lb. The trade both here
and in London is generally regarded as being in a
most healthy state. Messrs. William Greame and
Co. state of the import :

The imports from all quarters continue very light, and
up to Ist July fall considerably short of those of last year
(East India excepted, of which there is an increase of
6,410 bales), say in Australian and Cape Wools 25,510
bales, and in Foreign 20,373 bales, making a total deficit
of 39,473 bales, during the first six months of the present
year.

(From Messrs. Josh. Robinson and Co.'s Circular.)

OlLS.—There has been an active demand during the
month for all kinds of Olive Oil, and prices have advanced
.£.4 per tun, the stock on hand is small, and what is held
is chiefly in second hands, holders may almost obtain their
own prices, as not much is offering.
THE MANCHESTER MARKET.—We quote the
following review of the Manchester market from
the monthly circular of Messrs. M`Nair, Greenhow,
and Irving : . .

"The aggregate amount of transactions, though falling
much below that of the preceding months of this year,
is about equal, in a general way, to the extent of produc-
tion. No accumulation of stock exists to depress the
market ; but, on the other hand, nearly all our producers
are more or less under contract. Orders, therefore, of
any magnitude, require some weeks for completion ; in-
deed, even for :comparatively moderate quantities, it may
be laid down generally, that orders cannot be executed
from stock. The demand for the home trade has been
good, owing to the promise of a very abundont harvest.,'
THE IRON TRADE.—The Birmingham Gazette
says :
The demand continues steady, prices are rather stiffen-
ing, both in manufactured and pig iron, and the general
tendency to improvement is still making way.
At the same time our contemporary deprecates
the representations made, that the works in the
district were in full working, which tended to pro--
duce an uneasy feeling amongst the hands. In
many instances only two-thirds of the existing ma-
chinery was in operation.

AT STRASBURG Louis Napoleon is said to have adopted
for the first time white breeches and jack boots, which
formed an invariable part of the Emperor Napoleon's mi-
litary costume.
A REBELLIOUS MONK.—For some time past the go-
vernment of Athens have been much troubled by a rebel-
lious monk, one Father Christopheros, who has succeeded
in raising whole provinces of the kingdom in revolt on the
pretext that the government is undermining the pure
Greek Church. To such extremes had he proceeded, that
he issued a proclamation to the following effect :—"Who-
ever kills one of the King's soldiers is a saint ; whoever
is killed himself in battle is a martyr; whoever can kill
one of the King's soldiers, and refrains from doing so,
will go to hell ; whoever takes part in this holy war shall
keep all the booty he can lay hands on ; whoever distin-
guishes himself shall receive one hundred dollars, besides
military rank and honours." It appears that the false
miracles by which Christopheros pretends to attest his
divine mission are hardly less ingenious than the military
tactics by which he eluded or repelled, for several weeks,
the forces sent to capture him. He has at length, however,
been obliged to succumb, for a letter from Athens, of
the 13th, in a Vienna journal, says :—" The monk Chris-
topheros has been arrested in the Mains by the gendarmes,
and has arrived at the Piraeus on board the Othon steamer.
After having been subjected to an interrogatory before the
Juge d'lnstruction and the Procureur- General, he was
taken to the State prison. Two Mainotes, one a priest
and the other a laic, agreed to deliver him up for ten
thousand drachmas. He is to be removed to the fortress
of Rhion, in the Gulf of Lepanto."
A BABE AT A BULL-FlGHT.—There has been a grand
bull-fight at Madrid, in aid of the poor ! The Queen
saw the fun, taking her daughter with her, the baby
Princess of the Asturias ! Children are often wet nursed
by she-goats ; but it does seem a little odd to bring
up a baby on bull's blood.—PunCA.