Star.
London, England, 1819-03-31 00:00:00

MINCING-LANE-

This title will comprise brief, but correct accounts
of the sales, &c. of Colonial Produce, and all such
commodities, the chief business in which is transacted
there. The value of most of these has been affected
by the general circumstances which press so heavily
upon the commercial world. Multiplied failures pro-
duce want of confidence, and where this is shaken
the operations of trade become contracted—holders
of goods will seek the ready-money purchasers only,
and b3rgains of this description afford no fair cri-
teria of the state of the market ; although too much
distinction has latterly been made between them
and sales upon credit. We shall take an early oppor-
tunity of making some general observations upon the
'real advantages of credits in commercial operations.
They have been grossly abused in this country.
With respect to the general features ofthe Mincing-
lane trade, we have to notice that with regard to
Sugar, the importations from the West Indies have
not varied much within the last three years—those of
1818 rather exceeded 1817. The home consump-
tion of 1816 was 133047 hhds. and 35589 tierces ;
of 1817, 131891 hhds. and 29840 tierces ; that of 1818
was 146165 hhds. and 33340 tierces.

The effects of the favourable harvest of last year
are here very evident. The exportations of this ar-
ticle have suffered a considerable diminution—the
amount of 1816 being 16675 hhds. and 4775 tierces,
while in 1818 it was only 5871 hhds. and 3990
tierces. The stock of British Plantation sugar is less
than at this time last year, yet prices average from
4s. 6d. to ss. per cwt. lower.
The importations of Coffee have decreased in tho
last year, prices have declined on an average from
15s. to 20s. since January last, though the stock on
hand in the middle of this month was about 1700
tons less than at this time last year—the direct im-
portations by our Continental neighbours, are of
course calculated to injure our export trade. The
quantity of Coffee which arrived last week at Ant-
werp alone, from Batavia, exceeded 12000 bags, and
it is confidently expected that prices will decline still
further.

The importations of Rum have augmented consi-
derably; in 1816 they amounted to 23746 puncheons,
in 1817 they were 37141, and in 1818 they were
35190—yet the stock on hand is about 4000 pun-
cheons less, but the demand abroad is greater, in
consequence of an increased consumption ; its cheap-
ness securing it a preference over Brandies and other
spirituous liquors. It is now importable into Russia.
Such is the general want of confidence owing to the
failures and gradual decline in every article of trade,
that business has been for some time, and is likely to
continue very limited. There have been no public
sales of Coffee since our last, and the few transac-
tions by private contract which have taken place,
were at lower prices, particularly in Sr. Domingo
and East-India Coffee. Most of the foreign orders
are litnited under the market price here, and have,
it is supposed, been transmitted to Amsterdam, where
a considerable sale of 25000 bags was advertised for
last Wednesday, to which the attention of the trade
has been directed. Yesterday's market was extremely
dull and uninteresting, very little business being
transacted ; middling Demerara Coffee sold at 1345.
to 1345. 6d.; good ordinary Jamaica 1225. 6d. to
1255.; fine ordinary 1265. to 1275. 6d. and for good
' fair St. Domingo 118 s. to 118 s. 6d. and good fair
Brazil 1185.6 d. was offered for ex pot tat ion, but refused.
It is reported that the Coffee advertised for sale at
Amsterdam was all taken in for account of the Pro-
prietors, arid since sold by private contract, at good
prices, which may tend to give the trade more con-
fidence, particularly as. an advance of one to two
sous has taken place at Paris.;
The raw Sugar Market was very ill attended, and
a disposition iXas evinced in some holders to yield.
A board of strong tine Jamaica sold at 88s. There
was only one public sale, consisting of Darbadocs

' Sugar, yesterday; the whole went off at Is. to
under last prices.
The The business Foreign Sugars is very ir •
under
ve
23a tht
prices nearly nominal ; a sale of 8000 bags,
took place at the East India House on the
fetched better prices than was expected, main
fully the currency of the private contracts in
Sugar, and shewing an advance of from 3s.
White. The demand for British Plantation.
partial at full last week's prices, but upon
the market is dull. Refined Sugars are •
also
flat, and though some few sales for Lurnr
effected at lower prices, the Refiners will but
few instances give way.
Tobacco is unaltered, considerable shi,
are making to the Continent. Spices are
heavy sale. Cinnamon and Pepper have
and the East-India Company have IT._
price of the latter for the next sale to 7d.
The total amount of Indigo, as yet adverti,
sale by them, is 9710 chests ; of Coffee 8187
Sugar 1350 bags, and Rice 3228 bags.
For Pepper, Pimento, and other Spices,
little or no demand, and prices arc upon the
COTTON MARKET.
The importance of this branch of cur trade.
forms a most prominent feature Of mercantd.
[ions, renders it necessary to devote a scpar,
tion of our Report to a consideration of the
tions which are constantly taking place in
modity. It is well known that, from its v.
the manufacturing districts, Liverpool is
center of all the operations in this article,
respectability of our mercantile correspondence
that market enables us to furnish our Readers •
the most interesting particulars on this head.
unadvised speculations in Cotton have
perhaps, more inconvenience to the trading
nity than all other causes put together.
extraordinary ascendancy of capital and credi
been called into action in support of the
speculations, of which it has for the last
been the object, that an artificial value had
given to Cotton which nothing but an increase
the means carried on to create at could support.
was endeavoured, and for some time with succes
maintain prices which it was generally admitted
far above what circumstances warranted. '-
sequence has resulted which might easily hai
foreseen—an excessive importatiou ; such
not even be justified by the wonderful increase
already immense consumption. This rapid •
lation of stock proved too much even for the
ful interests concerned in upholding its value
mendous crash took place which has shaken t_
mercial world to its foundation, and of which
consequences will long be felt, not only aniongsr
speculators and dealers in Cotton, but amongst
inestimable branches of our internal resources
pervade our manufacturing districts.
We gave in our Paper of Monday an account
the Cotton Market at Liverpool for the last _
unfortunately offers no prospect of any amendment
the large amount of the importations, which, ;
exceeds the means of the trade to held at an,
like reasonable prices, must inevitably occ,
most serious inconvenience to the dealers—but
more particularly affect the manufacturing districts
and the accounts received from these are tr-'
tressing. It it be considered that for the last
five months Cotton has been regularly di oppiq
an average of I}d. per lb. weekly, that the loss
the raw material alone before it could be !mug..
market in a manufactured state must have amounted
to from 10 to 15 per cent. it will easily be cc
that no species of Cotton manufacture has .
yielded any profit. Our accounts from Manchester
excessively gloomy in consequence—no confidence:
sales, and a constantly declining market, form
most prominent features. Cotton Twist, first
No. 40, are quoted at '2s. 3d. to '2s. sd. per
months ago this article was selling at 3s. to
We shall take an early opportunity to enlarge
fully upon the trade of Manchester, which in
importance yields to no other in the kingdom.
transactions in Cotton in the London Market
chiefly confined to the trade for exportation.
The sales of Cotton for the week were 220
nams, 18d. to 19d. a few picked at 20d. a
sold as low as 17d. W fine Bahias 18td. 120
18d: 80 Boweds 1311 to 14d. a few Orleans
190 pretty good to good Surats 7d. to 7
Bengals, good 50. to 6d. fair sici. all in bond.
to sid. is offered for shipping for fair Bengals
only a few ordinary can be obtained at that
The imports were 595 bags from America,
merara, 36West India, 430 Bourbons, and 680

Stock of West India Produce in the Port
don, 31st March :-14,958 hhds. Sugar, 4794
ditto--8551 casks Coffee, 11,020 bags ditto--;
puncheons Rum, 250 hhds. ditto-1409 bags'
Our limits will not this day admit of oui
any part of our Foreign Commercial Intel.
but we have established an extensive correspcii,
abroad for the purpose, and are already in Fossesc
of some very interesting information, y.'hiLh
communicate in a future Report.

CORN-EXCHANGE, MARK-1.. NE, MARC'
Although the supply of English Corn at
this morning was but small, yet it was more
demand required. Sales of all Oa ain were
ingly heavy ; but for fine qualities of Wheat,
and Oats, Monday's prices were i.blaiLed
inferior descriptions there are no buyers, ant
nominal.
P. S. The Dutch Mails of this morning confirm the
Bence of the Coffre Sr'e being withdrawn, and some parct
subsemienly by private contract at 14 stuyvers. The lii
ea the _.;tll was upon London 7. to ;i. 6. Idamhurgh
and l'ariz Guiners 12. 4. to 12. b. per piece.
I. it;. to li. 18. Saver in bars 26. per mark fine.
lowing arrivnls had tAten place bags Coffee,
Sugar, and.sul 5 bars like, f'om Batavia-51 bags C,
225 chests Sugar, from Behia—and 399 bags Coffee,
bin —2.' Net litcek 421 to 4Z.
fire alk.li Duties trill went through a Committee of t.
of Commons, lest night.. In the course of it. Mr. Ht
rested to the CifANCFLLOR of the that a des
was allowed on the Ashes used in the Linen ,Manuf.ctitry
land, while the Ashes used in the same :Manufacture m '
were subject to stuty.—This burthen be thought the
tittfacttifers, who u: this moment needed every encourage:um.
should be relieved from.

• " DIED.
Meoduy last, ai Brotoptoe, the Wife of Arthur Bat
of Upper Bedford-Place.
LON

DUN : rriutvtl .11:4 rubliAtd by 100 Kor, Piarlt•
Tcnipk-Bar.

e
ts
if..orlt:(Oneff)toe
eorrnt
admay'aLt hbctetruB rg:lalisiisn'ntpB.ll:,:asautdl3:cg
er':ei
r is
upon the whoL.,
I are also vert
will but in very
hipments thered
es are geneetil
have given wo
iwereci the tarii
) 7d.
et advertised fa
bagri
Spices, there is
Ipon the declist
cur trade, as it
uercantih: opera.
a separate pot.
of the transac.
ace in this cora.
im its vicinity
00l is the great
article, and at
rrespondeace is
cur Readers with
this head. The
have occasioned,
trading commu.
.ether. Stidl an
1 and credit h4l
of the immense
ae last ten years
value had bees
t an increase of
,ulsl support It
with success, to
ly admitted wen
med. The con.
easily have ben
; such as could
il increase of our
is rapid accumw
n for the pouer-
its value : a ire.
shaken the corn-
d of which the
nly amongst the
it amongst these
resources which
y an account of
the last week : it
any amendment;
which, as it far
old at any thing
bly occasion the
tilers—but must
turing districts:
are truly dis-
r the last four or
r di opping upot
at the loss upon
d be brought to
have amounted
ily be conceived
cure has lately
'Manchester are
to confidence, no
rket, form their
ist, first quality,
sd. per lb.; two
at 3s. to Ss. 2d.
:co enlarge more
which in point of
kingdom. The
ion Market are
nation.
were 220 Per-
t 20d. ordinary
d. 120 Cearas
v Orleans 14.1 d.
d. to 7id. :WU
ill in bond-sd.
it liengals, but
at that ice.—
serica, ;375 De-
and 680 Surat.
he Port of Lon-
rar, 4794 tierces
s ditto-10,517
09 bags Cotton.
t of our giving
ial Intelligence,
correspondence
idy in possession
wind' we shall
MARCH 31.
Corn at Market
Ls more t!.an the
tin were exceed-
Wheat, Bailey,
stained : fur the
yers, and prices
confirm the Weill-
d some parcels sAk!
rs. The Exchanfr
. lianburgh 54.7.
piece. Sovereign,
ark fine. The tg•
Coffee' 687 chests
bars Cutlet:, a-a!
r Cotter, from Bee`
tiottee of the Ibuse
it. 11r. tient: El-
that a drawback
llanuLictory in Ire-
facture in scett.i:l4
On the Scots Ma-
ry encounigenic:n,
rthur Risley, F. 34.
104, Pi4kelt•
' .