The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-11-23 00:00:00

ISSUE DEP.
Notes issued .. £31,699,275

£34,699,275 I

BANKING DEPARTMENT

Prop.'s capital £14,553,000
Rest 3,127,453
5,973,230
12,367,099
1,507,161

Gov. securities.Xl3,962,6BB
Other securities 11,493.768
Notes ..... 11,496,990
Gold & silt'. coin 574,497

Public deposits.
Other deposits .
7-day, &c. bills

£37,527,943

£37,527,943

After a most inactive week, our SHARE MARKET
has taken quite a start to-day, and we have had a
large amount of business at higher prices, all round.
So great, and so decided has been the change, that
we have perhaps had more business done to-day
than during the ten days previous. Some stocks
have been pushed to a price that there is little
prospect of the dividend justifying—such as Cale-
donians; of these, at the advance, there have been
some heavy bond fide sales. Our local stocks con-
tinue in great demand, especially the Insurance
shares, of which there are many buyers. Leeds
Canal shares and Exchange Building are also asked
for. We annex the quotations :—Aberdeens, 15 ;
late Chester and Birkenhead, 211 ; ditto £22,
21d ; Bristol stock, 106 ; Caledonians, 31+ 1 ;
Eastern Counties, 12,1; East Anglian £3l shares,
6 per cent, 3t; East Lancashire, 191 ; Great Nor-
thern, 211; Lancashire and Yorkshire, 88 1; ditto
West Riding Union, 21-d ; Lancaster and 4Carlisle
thirds, 11 11ip ; Leeds Northern, 18; Liverpool
and Southport, 19; London stock, 125 4t; ditto
fifths, 44 ; Sheffield preference, 11 7-16 ; Midland
stock, 79 1; North British, 91 9-16; ditto
preference, 5 1-16; St. Helens pref., 41 per cent,
9-16 p ; Dover stock. 23* 4 :1; 4 • York, Newcastle,
and Berwick, 181 -; York and North Midland,
2913 1; Commercial Bank, 11 ; North and South
Wales ditto, 51; Royal Insurance, 15-16 p.

In the articles of TEA, RICE, JUTE, RUM,—in
fact in most of the important articles in our
produee market, an advance in prices is to be noted.
TO-DAY, the SUGAR market remains without
change, but the sales are confined to 800 bags
grainy Bengal at 375. to 395. 6d., and 500 bags
white Benares at 375. 6d. to 395., per cwt. Of
MOLASSES, 400 puns. Cuba Muscovado, an old
import, have brought 16s. 6d. per cwt. Nothing
has taken place in Rum. 700 bags St. Domingo
COFFEE have been sold, but the exact price has
not transpired, and a small lot of Bahia COCOA at
255. per cwt. There is not much doing in the TEA
market, the trade waiting for the Congous ex
"Race Horse" and "Patna" to be brought forward.
There has been a revival in the demand for RICE,
5400 bags Arracan, to arrive, having been
purchased at 10s., 1800 bags on the spot at the
same price, and a small parcel of Bengal at 13s.
6d. per cwt. We have also to add 150 bags black
PEPPER St 3id. per lb., and a few casks of COCOA-
NUT OIL.

COTTON.—We had a very quiet market last 11
week ; sales only 20,8000 bales, with a decline of
1-16 d. to id. on all kinds. The Europa's advices
mention an advance of Id. to Id. at New York, and
a firm market; at New Orleans, middling 91d.,
freight .Id. to 9.16 d., and exchanges declining.
Cotton imported at these prices would leave a loss
to the importers, who, consequently, put very little
on the market ; it appears, therefore, that the decline
has been caused more by needy speculators, who,
in the excitement of the market last month, went
beyond their means. Nothing has occurred to
justify such a serious fall. It is true the weather
had been propitious for picking ; during the last
month, however, the estimates were still varying
between 2,700,000 and 3,000,000 bales; and it has
been sufficiently proved that, in order to meet the
present consumption, a crop of more than three
million bales willl be required. The uresent decline
only shows that, after a large business has been
transacted for several weeks at an advance, it re-
quires very little to turn the market, and put in
oblivion all reasons and demonstrations of the
soundness of the position of the article. When
holders have had sufficient time to reflect, they will
be again as firm as before. From the fullness of
the rivers, the crop has come in faster this year
than during the same time in previous years. Up
to December last year the receipts were small. In
December they increased to 82,000 bales ; in
January to 114,000 bales per week. If not before,
there will, douhtless, be a falling off in the receipts
in December; and when we find, at the end of the
year, that the consumption is larger than generally
expected, speculators will not remain inactive. With
a continuance of similar advices to the last, we shall
probably see, during the next few weeks, prices at the
lowest point. We scarcely anticipate a further decline;
the cheapneas of money and the facilities for hold-
ing Cotton bought and imported at higher prices
will prevent holders from making further sacrifices.
Though the stocks in the American ports show an
increase of 37,000 balea, there is a decrease of
50,000 bales in those of the inferior firms.. Spin-
ners took of the last crop 200,000 bales more than
of the previous one, and have already taken since
the Ist September 74,000, against 60,000 bales last
year. To-day we received the accounts pea Nia-
gara, up to the 9th instant from New York, and by
telegraph to the 9th from New Orleans. Prices
had advanced per cent. on both markets. The
receipts for the week were 85,000 bales, against
52,000 bales last year; and the shipment to Great
Britain 18,000 against 9,000. The weather was
fine, and three million bales appears now the more
general estimate of the crop. The market here was
steady, and with rather a better feeling before the
steamer's news were known. Sales estimated at
5,000 bales, closing rather flat.
WooL.—Our Wool market has been rather
quiet during the past week, but as the prospects of
the trade are good, and stocks light, prices are well
maintained.

THE REV. DR. CRICHTON delivered an excellent ad-
dress, yesterday morning, to the pupils of Dr. Fisher's
Educational establishment.

CHURCH OF ENGLAND INSTITUTION.— We beg to
direct attention to the announcement, in another column,
of the second lecture of the winter course, which will be
delivered in the Concert Hall, Lord Nelson-street, on
Monday evening next. The lecturer, the Rev. J. C.
Miller, rector of St. Martin's, Birmingham, is one of the
most eloquent and energetic of our great Protestant
champions, and we anticipate a treat of no ordinary kind
in hearing him descant upon a theme so full of interest as
The age we live in: its claims upon the Church of
Christ," We should like to see more of the local clergy

en upon the platform at these lectures.
We hear it may be regarded as a slight, when clergymen
of high standing and extensive usefulness, come from a
distance, at great personal inconvenience' to further our
local institutions, and find so few of their brother clergy,
to welcome and encourage them by their presence.

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