The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1839-12-03 00:00:00

Ebe tiberpoot &tanbarb.

-___-
ESDAY MORNING, DECEMBER 3, 1839

uY the Great Western, which arrived at Kingroad
tt rist°l, on Saturday morning last, we have receive(
New York papers to the 16th ultimo, inclusive. The
feat Western accomplished the voyage in thirteen
days eight hours. She has only brought thirty-three
lSt6stingers. l'i'e proceed to give a summary of the
sews which sbe has brought.
48 Monetary affairs still occupy the principal atten-
et", ju the United States, we shall take a brief review
the state of the mariteis th. <l.t. 1. at
441,
"IC". We learn from the Daily Express of No-
"ten)her
.12 that the Saturday preceding was a very
tl:l,.;t_ day, and that many failures had occurred. Owing
te state of Exchange on France and England, and
u,-11 consequence of a falling off in specie, the banks
t-Lere enabled to discount with a little more freedom
;4° Previously. The class of merchants most needy
setting "t, however, relieved. Exchange on France was
°r her
better than on England. With respect to
places in the Union the same paper observes that
at Philadelphia, for the week ending Nov. 9, the fall
trade Was nearly over, and business was in the same
Inactive state as before ; at Boston, during the same
week, trade was very dull ; and at New Orleans, for
the
Week ending the 2d ult., business generally had im-
ii:froved but little, though the arrival of a great number
strangers gave an appearance of animation to the
streets. The receipts of cotton were large, and the
sales amounted to about 9,000 bales. At Baltimore,
for the week ending on the 9th ult., there was no
im-
provement in business generally. At Cincinnati, for
the week ending Nov. 5, business generally was with-
out animation.
On Tuesday, the 12th ultimo, money was more easi-
ly
°btained than previously at New York. The banks
,_ere discounting with some liberality. There was no
m'overnent in foreign exchange. Stocks were decidedly
ttt°re favourable this day. United States Bank shares
were selling at 73.
°II Wednesday, the 13th ult., the money market
.86,1114ted a more cheerful appearance. Stocks advan_
C" considerably in some instances. North American
'1,11114 went up to 43—a rise of 10 per cent. in one week.
•L'e accounts of the cotton crop from Mobile were
ret cheering. The amount of the crop this year, it
thought, would exceed that of the last by at least
0 to 100,000 bales, in the exports from Mobile.
letter from Tuscaloosa states that the quality of the
:t this staple
season will more than compensate the anti-
,lPated deficiency in quantity. The plantations on th.g
ever "ver Were literally crammed with cotton.
°n the 15th ult. things were becoming more settled
:4 quiet.
themselves
The Daily Express states that the banks
past all fear of suspension. They had shewn
to be fully adequate to the emergency, and
the
Public mind was entirely set at rest on the subject
°l* continuing
specie payments. Confidence was gra-
dually increasing;
and, as exchanges were below par,
there was
no demand for specie : they were, therefore,
t:b led to discount more freely. The business opera-
bens of the city had been so limited of late, that there
gan to be a want of such paper as was deemed
t_un-
exceptionable. The season was rapidly advancing, and
ihne fall trade, excepting for New York and the adjoin-
-14 states, was nearly closed. The currency, in all
little" to the south, was as bad as ever, and with very
god been
of an amendment. The New York trade
_ZI been very limited this fall, and the debt from the
;_ th to the north was gradually decreasing. It is al-
leged that the crop of cotton ought to produce a much
re favourable state of things, and there was no
after
to
e_ doubt that it would in a very short time. With re-
money matters, the Daily Express says that,
yos,r, several months of constant strain on the New
the 7 banks, a steady curtailment and drawing in,
exehe was, at length, an appearance of a change. The
iPoul"ge being in favour of the United States, there
d be
They
W no longer any drain of specie from the banks.
grew were, consequently, enabled to discount with
_as ter. freedom. The greatest difficulty experienced
ewrn with domestic exchanges—persons having south-
yo_iand western funds could not get them at New
44 without immense sacrifices.
lar 'he Great Western did not bring home a single dol-
hith'ertt specie. This is an extraordinary change; for
Ne.._ 0, for the last eight months, the export from
,Thw York has
lucre • been constant and to a great extent.
sore 1s 18 very little general news in the papers be-
thro • The fever was gradually on the decline
seasoghout the south, and would die away as the cold
fireB°.ll approached. There had been several additional
yo..,'n various parts of the union, especially at New
"( where five had occurred in the short space of
'our days.
From
The Canada the news extends to the 12th ultimo.
oRochester Democrat states that the patriots on
oth
sides the lines were again preparing for winter
Perittilms, and recommends General Scott to make a