Star.
London, England, 1819-05-01 00:00:00

COMMERCE.

TOBACCO IN THE WAREHOUSES.

29 ditto.

TEWKESBURY, APRIL 29.
TO Ws =ITO& Or THE STAII.

•;;iv~.

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The attention of the mercantile world seems alto-
gether absorbed by the important financial opera-
tions on the point of being discussed. The magni-
tude of the Loan, and the Bunk Restriction, are two
points of such weighty consideration, that it can
excite no surprise if commercial transactions should
be at a stand, pending this discussion. The next
fortnight seems to us pregnant with momentous
events, and can not be looked forward to without
feelings of apprehension and distrust, and earnestly
do we hope that the wisdom of Parliament may be
found equal to fulfil the arduous duty which will de-
volve upon it in the deliberations which appear now
so close at baud. Little change has taken place in
the aspect of the commetcial horizon since, our last
Report. Merchandise, of all descriptions, has still
an appearance of declining, and we continue of opi-
nion that many articles of West and East India pro-
duce will be still lower, for although it be true that
none of them can, at their present quotations, be im-
ported without a loss of from 20 to 30, and even 40
per cent. yet the high cost price is only a c6nse-
quence of the advance which had taken place in Eu-
rope-r-as prices recede here so will they also drop in
the countries whence they are imported, till at length
they will find their level ; but the operation will be
slow, and we begin to rear that the present year will
'pass over our heads without producing the so anxi-
ously wished for period of a revival in trade, foun-
ded upon solid principles, but we think events are
gradually tending towards so desirable a state of
things, and gladly shall we hail the auspicious mo-
ment when men of probity may embark their capital
in trade, without having to fear the competition of
unprincipled, speculators.

ROYAL EXCHANGE,
Business was rery languid yesterday, and` few Bills
were negociated in proportion to what was offered,
and an advance upon most places in consequence took
I.place, with the exception of Amsterdam, which was
done at 11.41. a 5. the printed Course may be con-
sidered as correct, namely—Hamburgh, 33. 11 a
34. aad.34. I.—Paris, £4.lo.—Francfort, 141.—Ma-
drid, 34—Leghorn, 514.—Genoa, 47*. Naples,
41/.—Lisbon, 57.—Bullion was quoted, Silver, in
bars, Ss. 6d. Dollars ss. 44d.

MINCINO-LANE.
The trifling improvement, noticed in our Thurs-
day's Paper, as having taken place in Coffee, has since
been lost, the demand having, in a great degree,
subsided. At a public sale, advertised for Thursday,
very little was sold for want of bidders, or that the
proprietors expect better prices shortly. Dutch Coffee
must be quoted lower, but Jamaica is pretty fair—
the prices are, for Cheribon, llY2s. a 107 s. St. Do.
mingo 102 s. a 105 s. Jamaica, fine and good mid-
dling, 1255. a 140 s.
Although several purchises were made in refined
Sugar this week, chiefly of large Lumps, prices con-
tinue to flag, and must be quoted at a further reduc-
tion, owing to the large quantities on hand. Russia,
double refined, 7 a 8 lb. are worth from 755. a 85s.
per cwt. on board British ships. Hamburgh Loaves,
565. a7os. Powder do. 9 a 11 lb. Ms. a 655. Crushed
Lumps, 525. a 655. -British Plantation Sugar, as well
as Foreign Sugars, of all descriptions, remain very
flat. In a sale of about 1500 bags, East India Su-
gar, by Messrs. Kymer and Co. middling Whites,
with some grain, went at 435. a 455. inferior White
395. a 425. The stock of British Plantation Musco-
vadoes is now about 6000 casks more than at this
time last year; and as arrivals take place daily, there
is an appearanCe of a further decline.
Pepper, Pimento, and other Spices, have not va
ried in price. Pepper has experienced a partial de-
mand for the French market.

Virginia, 15,426, hhds.—Maryland, 1813 ditto.—
'Brazil- Leaf, none.—Brazil Roll, none.—Porto Rico,
24 hhds.—St. Domiogo Leaf, 20 ditto.—Amenford,

Sta—The Correspondent who favoured you with
the observatious on the trade of this Borough, which
appeared in your Paper of the 21st inst. may pro-
bably well deserve the epithet " intelligent," as to
his general knowledge ; but I think I shall be able
to convince you the term was misapplied, if it was
meant only in reference to his information respecting
the state of the once flourishing town of Tewkesbury.
That the hosiery business, like most other manu-
factories, is at the present moment much depressed,
no one will attempt to deny ; and that the poor-rates
here, as well as in all other places, ate extremely
heavy, I am very ready to admit ; but yet I am san-
guine enough to believe, that even if the rates
should be much higher than they are at present, it
will not necessarily follow that " we must all be
ruined !" Your Correspondent states, that " one
house discharged a hundred hands last week ;" but
I canr.ot find, after clic minutest inquiry, that there
is any foundation for such an assertion: one very re-
spectable manufacturer certainly did " suspend" the
labours of a considerable number of his workmen for
a few days, in consequence of accidentally not re-
fceiving his regular supply of cotton ; but they are
now all at their frames again as usual. Your infor-
mant then asserts that " the consequences harg
caused an influx of applications for relief at the
t work-house, more appalling and extensive than at
'any former period." I think I cannot refute this un-
qualified assertion more effectually than by stating
the exact number of persons relieved st our work-
house at dttif ;uzlisst meetings of the Directors of tip.!