The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-07-20 00:00:00

received 25 re- I p—t 2:

—On Sattzrday

Lower C

Other deposits

On the otl

side of the account—

CO2II3IERCIAL AND MONETARY NEWS.

MONDAY NIGHT.
THE elections this week, with the races and the
extreme sultriness of the weather, have impeded
business. We have the elements before us, how-
ever, of an active season to approach, so soon as
the public mind is satisfied as to the probable
stability of the Derby Administration. Money is
becoming every week additionally plentiful. Both
in California and in Australia the yield of gold ex-
hibits signs of increase, instead of the decrease
which was prognosticated. There is no anticipa-
tion as yet that the numbers of stout and enter-
prising young men, who are week after week leaving
our shores for the Australian gold fields, will pro-
duce any other effect there than to add to the yield.
The country can scarcely as yet be said to have
been explored at all. The soil in hundreds of
localities will most probably be found just as fertile
as at Mount Alexander and Bathurst ; and even
when the supply shall have become beyond the
reach of individual miners, with their rude imple-
ments, there is no apparent limit to the quantity
which may be obtained by the application of capital
to quartz crushing, and to scientific explorations of
the creeks and beds of rivers. There can be no
doubt that already sufficient mineral wealth has
been thrown away in the hasty processes of washing,
cradling, sifting, &c. to remunerate fully that in.
dustry which does not aim at too great prizes.
We look forward, therefore, steadfastly to a great
expansion of the monetary system of every nation;
and with this we must have extended commercial
enterprise, for which it is time that this and other
communities should be girding up their loins.
At this period of the year we naturally begin to
examine with interest the prospects of the coming
harvest, and under our present system of free im-
ports we do not confine our observations to this
country. Deeply advantageous as a good harvest
is to all classes in Great Britain, we are compelled
now, in order to estimate the probable future range
of prices, to inform ourselves of the prospects of
American and continental harvests. From nearly
the whole of the American States, we have ac-
counts of a large increase of the Wheat crop, which
is said to have been the best for twenty years past.
In Germany and Russia the crops are said to be
excellent, with the exception of Rye and Beans. In
France generally the crop is represented as above
an average one, although it has suffered in some
places. In Great Britain the prospect is cheering,
notwithstanding the slow progress made during the
cold dry weather in the early months of the year ;
and if the present genial weather continue, we shall
probably witness a coming year of great abun-
dance and of low prices. Thus far few complaints
have been heard of the potato root. The breadth
of land planted is large ; and we *hall probably
see that root, which is still the favorite food of a
great portion of our population, readily accessible
to all. Connected with these promises of abun-
dance is the fact, important as bearing upon pro-
bable prices, that the population of Great Britain
and Ireland must at this moment be pretty nearly
rendered stationary by the vast emigration which is

going on.
The return from the Bank of England for the
week ending the 3rd July gives the following re-
sults when compared with the previous week :
'ic deposits .. £3,008.47R•

*7B; Decrease £3,738,998
15,429,582 ; Increase 2,461,C51

3,159,913 Increase

51,001