The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-11-30 00:00:00

COMMERCIAL AND MONETARY NEWS.

MONDAY NIGHT.
A MOVEMENT either upward, or the reverse, in so
important a staple of our port as Cotton, generally
affects most other commodities, by depressing the
spirit of speculation ; and hence, in part, the pause
in our leading markets during the past week. On
the present occasion, however, this element has
entered much less than usual into the production
of the state of things which we have to record.
We have had to encounter what may be well termed
a ministerial crisis, and to suffer a prolongation of
our anxiety to learn what are the proposed new
measures of the Derby administration. A feel-
ing of doubt prevailed during the early part of
the week as to the probability of our continuing to
receive such extensive supplies of Gold from Aus-
tralia, as have lately acted so beneficially upon the
condition of the Money Market. There were re-
ports current of the mines not yielding in such
abundance. Shipping, too, could not be got to
bring us the large stores known to have been accu-
mulated at Melbourne and other ports ; and it was
even considered by some parties as probable that
the Bank directors would seize the opportunity of
raising the rate of discounts, and decreasing the
accommodation afforded to the commercial com-
munity ; thus shewing how very materially we are
affected by the scarcity or abundance of the me-
dium of exchange. All fears on this head were,
however, got rid of by a large arrival at the port of
London, per the " Eagle," and by later accounts
received of fresh discoveries and increased yield at
the mines ; and, when the vast amount which is
now known to be on the way is poured in upon us,
we may look forward to a gradual, and even a con-
siderable, addition to the stores in the bank cof-
fers ;—such an addition, in fact, as may force into
prominent notice the position in which that body
is placed by our existing monetary system. Adding
to the effect of increasing abundance of money,
the great consumption of every article of produce
which is now undeniably going on, by the improving
condition of the farming interest, caused by the ad-
vance in the value of Wool, Mutton, Butter, &c. ;
and more than all by the limitation of the amount
of our imports, arising from scarcity of shipping,
produced by the detention of so many vessels in
our gold-producing colonies, it would surprise few
to observe an early resumption of speculative pur-
chases, and higher prices prevailing generally.
The Returns from the Bank of England for the
weekending the 20th of November give the following
results when compared with the previous week :
Public deposits .. .£ 6,661,061; Increase £687,831
Other deposits .. 12,414,418; Decrease 47,349
Rest .. 3,131,287; Increase 3,834

. .
On the other side of the account—
Government securities £13,962,688 ; the same as before.
Other securities.. .. 11,605,603 ; Increase 111,835
Notes unemployed .. 12,127,350 ; Increase 630,360

The amoirnt of notes in circulation is £22,670,825,
being a decrease of £531,460 ; and the stock of
bullion in both departments is £21,321,994, show-
ing an increase of f 48,222, when compared with
the preceding return.

ISSUE DEP
Notes issued .. £34,798,175

'ARTMENT

Govrnt. Debt.. £11.015,100
Other securities 2,984,900
Gold coin & buln. 20,799,021
Silver bullion .. 19,154

£34,798,175

£34,798,175

BANKING D
Prop.'s capital £14,553,000
Rest
Public deposits. 6,661,061
Other deposits . 12,414,448
7-day, &c. bills. 1,459,664

£38,219,460