The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-10-19 00:00:00

EPARTMENT

Gov. securities.£l4,lB9,lB2
Other securities 12,483,569
Notes .... ... 12,655,645
Gold & silv. coin 810,188

£40,138,584

A prospectus has been published of a new Colo-
nial and Foreign Bank proposed to be incorporated
by royal charter. The projector is Mr. Hugh
Robertson, of London, who states that his main
object is to correct the system on which much of
the colonial and foreign trade is now carried on,
by giving more direct facilities for the payment and
negotiation of bills drawn on account of our foreign
and colonial trade. He assumes the capital of the
proposed bank at £20,000,000, and estimates the
probable profits at £7,376,000, of which £2,040,000
would be paid for interest on deposits, £2,000,000
for expenses, and £2,500,000 would be left for
dividend to shareholders.

Our SHARE MARKET has been more active all
the week than for some time, and prices have been
generally on the advance. Some stocks, in conse-
quence of contemplated amalgamations, or new
working arrangements with neighbouring com-
panies, have risen materially—such as York and
Noah Midlands, Berwicks, and Midlands—all
these have advanced three per cent., and are strong
at their highest prices. Some of our local stocks
have been in demand, at higher prices ; Corn Ex-
change shares and Leeds Canal particularly so.
Insurance shares have also been asked for at full
prices. We annex this day's quotations :—Aber-
deens, 15; Birkenhead, L. and C., 5d s'y;,- d; late
Chester and Birkenhead, 22+1; ditto £22, 2i id
; Blackburns, 6+c; Caledonians, 261 k; Chester
and Holyhead, 22 ; Eastern Counties, 11 9-16 ;
Edinburgh and Glasgow, 38]'-1-; Lancashire and
Yorkshire, 851f6 51- ; ditto fifths, 3i-d 37-16ths d;
Lancasterand Preston, 38p ; London stock,l2o 1 20 ;
Sheffield stock, 32;- 3 2 1; Midland stock, 78+ I
24- 1 North British, 91 9 ; St. Helen's
pref. 4A- per cent., ip ; Dover stock, 23+
4; Whitehaven and Furness, 71; York and North
Midland, 27 7c ; Demerara, n; Royal Insurance,

13716 p

PRODUCE MARKET.—We have had an exten-
sive business in our different markets during the
past week, at gradually hardening prices. SUGAR
and COFFEE are is per cwt. dearer. In TEA there

has been much excitement; and 10,000 chests have
changed hands, chiefly the middling and common
descriptions of Congou, at an advance of ;Id to
1d per lb. The accounts from China, just to hand,
are highly in favour of holders, the supply being
short, and high prices demanded. The shipments
of the new TEA were only half those of the pre-
vious year, say eight million lbs., against sixteen

million. 15riee's here have been ruling very low for

many months; and, with an increased. Cons
and a probability of a reduction in the
may reasonably look for a higher range i

umption,
duty, we

in prices

Is been a good and general demand
both for refining and grocery descriptions of SUGAR
at a further advance of 6d

I TODAY there -1

ier cwt. or

in cludiE

g Saturday's busines

transa

nprise 300 hhds: Jamaica at 325. 6d
hhds. St. Vincent at 31s. 6d. to 335.;

335. oa, ; 41) MOMS. Antigua at 355. to 365. 6d.;
260 hhds. Barhadoes at 325. 6d. to 385.; 15 hhds.
PepaerAra at -132 ii, i 15 iilitl§s Porto Rico 4t 355, Od,

to 415.; 7200 mats Mauritius at 34s 3d. to 355.;
2550 bags Pernams at 17s. to 17s. 6d., with 250
brls. at 18s. 3d., and 300 cases 150 bags Bahia at
17s. per cwt. Nothing has been done in MOLASSES.
Of Rum, SO puns. Demerara and a few puns. Ja-
maica have brought previous prices. There are no
sales to notice in COFFEE, RICE, Or SALTPETRE.
There is a good demand tor TEA to-day, both from
the trade and for speculation ; common sound
Congou is in request at 91d., and all descriptions
up to ls. per lb. show further improvement, holders
not being willing to sell such unless at an advance
ofd. to Id. per lb. upon last month's currencies.
650 bags Malabar Black PEPPER are reported at
4d., and 200 bags Sincapore White 6f-fd. to 7d.
per ib.

COTTON MARK ET.—We have had a large busi-
ness done in Cotton this week, at gradually stiffen-
ing prices, which resulted in an advance on common
and middle qualities of American of Id per lb. up
to Friday. Brazils were rather dearer; but
Egyptians of the middle and lower quality were
freely offered; Surats without change; and Sea
Islands at previous extravagant rates. The sales
were, to speculators, 26,310 bales; to exporters,
4,410 ; and to the trade, 43,410 bales ;—in all,
74,130. The business on Friday was 15,000 bales,
of which 6,000 were for export, with a firm market.
This activity is attributed by many parties to un-
favourable impressions entertained with respect to
to the coming crop; but it is very questionable
whether much of it is not attributable to a know.
ledge, on the part of holders, of the increasing
power of consumption of the manufacturing inte-
rest, and the decreasing stock, which, before we
can receive much of the new crop, will be short
enough to enable it to be held against spinners.
We consumed last year up to this date, 28,908
bales per week ; and this year, we have got through
38,683 bales, exhausting the largest crop ever known.
The foreign consumption has also considerably in-
creased. We have added to our machinery, com-
pleted and in progress, a power equal to consume
weekly 2,000 bales additional ; and shall thus re-
quire a much larger crop for consumption than we
are at all likely to receive. TO-DAY the Africa's
advices have not exercised much effect upon our
cotton market. At the same time, they are deemed
more favourable for buyers, and consequently we
have been less excited to-day. A fair inquiry pre-
vailed, prices of all kinds being fully as dear as on
Friday. The sales on Saturday and to-day are
31,000 bales, of which speculators took 6,000, and
exporters 3,000 The import in same time is about
15,000 bales. _

GRAIN AND FLOUR.—This market has exhibited
increased buoyancy during the week ; and, at the
close, Wheat had improved ld. to 2d. per 701b5.,
Flour 6d. to Is. per brl. and sack, and Indian Corn
6d. to Is. per 4801bs. The imports up to the pub-
lication of the circular were large from America,
but insignificant from other quarters. On Friday
and Saturday they were comparatively larger, com-
prising 12,368 qrs. Wheat, principally American,
1168 sacks also American, and 5992 brls. Canadian.
WooL.—There has been a good business done
in Irish Wools during the past week. 300 to 400
packs are reported to have been sold for this coun-
try and the Continent. Hogs at 14id., Wethers,
13/d. to 131 d., delivered in Dublin. Holders are
now asking 141 d. and 13-kd. per lb. Russia Wool
is in good request, and some lots have been sold at
Bd. per lb.

MELANCHOLY DEATH OF A

ONCE-WEALTHY LIVERPOOL CHEMIST.

From the Morning Herald of yesterday we learn some
particulars of an inquest, held on Saturday last, in the
chaplain's room, Milbank Prison, upon the body of a gen-
tleman, Mr. John Deane, chemist and druggist, carrying
on business in Castle-street in this town, who was for a
long series of years known and respected by a large circle
of friends. Mr. Deane, it will be remembered, was tried
at the last Liverpool Spring Assizes for having forged and
uttered a bill of exchange, was found guilty, and sen-
tenced to ten years' transportation. The circumstance of
a person, known to have been in possession of considerable
property, being accused of such an offence, created much
sensation at the time ; but it was subsequently explained
that he had been led into embarrassments to support the
firm of a younger son, who had entered into some exten-
sive speculations in California, which had proved tempo-
rarily unsuccessful. The son in question suddenly quitted
the country, leaving his parent to struggle through his
engagements as he could. On his being received into
Milbank prison on the 28th of January in this year, Mr.
Deane appeared to be in a most desponding state. On
the 30th ultimo he became much debilitated from loss of
appetite, and was placed in the Infirmary; but he gradu-
ally sank, and died on Friday morning.
At the inquest, Mr. Rendle, the surgeon of the prison,
stated that the deceased was all along labouring under
great despondency ; he had every attention while in the
Infirmary, having arrowroot, rice pudding, and wine, but
all was useless. Upon a post 'Norton examination being
made, the death was found to arise from tubercular peri-
tonitis. The unfortunate man had a great objection to
communicate with his friends, and Mr. Rendle has no
doubt his mental anxiety had accelerated his decease. The
jury returned a verdict of " Natural death." Mr. Deane
was for many years a constant attendant at the Brunswick
(Wesleyan Methodist) Chapel, of which, we believe, he
was one of the trustees.

BIRKENHEAD.
COMPLETION OF THE DOCKS

A MEETING of the Trustees of the Birkenhead Docks
was held on Wednesday, at the Dock-office, and was
numerously attended. The principal business was the
contract for the completion of the outer works of the
Docks, and the tender of Messrs. Brassy and McCormick
was accepted. The contract was ordered to be imme-
diately executed, and in about a fortnight upwards of a
thousand labourers will be set to work. This decision of
the Trustees has given the greatest satisfaction in the
town, and the influx of strangers is already so great that
it is difficult to find room for them. Scores of houses
that have been empty for years are now being let. We
have authority for stating that a great capitalist has
arranged for the purchase of the North Reserve from the
Crown. Rumour states the individual to be Mr. Brassey.