The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-03-01 00:00:00

rilIE LIVERPOOL STANDARb.

_LONDON LATEST NEWS.

Cite. Saturday Evening, ,Half-past Seven o'clock.
The committee of the Stock Exchange have resigned in con
sequence of the subscribers not enforcing their recommendation,
that the persons who refused to return for general distribution
the amount of the checks received for stock delivered in ,com-
pleting transactions arising outof the frauds practised by Lake-
man. To-day, little business has been done, in consequence of
the principal attention of the dealers being drawn to the divi-
sions among that body. Consols fur account have been done
at 92; Exchequer Bills are steady at 225. pin.; India Bonds
have fallen to 3 pin.; Bank Stock is at 219; and India Stock
at 258.

The Railway Shares have continued to attract a great deal
of attention; a check, however, to the excessive speculation
noticed in our last was given by the proceedings in the House
of Commons, relative to the applications for hills, and it is con-
fidently hoped that some decision will be come to by the cone-
mittee appointed to inquire into the subject, which will impose
the necessity upon all companies to have (medial of the capital
sufficiently secured to give a reasonable hope that a bona fide
investment was intended by parties taking shares in the different
projects. There has been a strong desire manifested by parties
in the country to speculate in these shares, and this has kept
the market more film titan would no doubt otherwise have been
the case. The high prices of last week have not been generally
maintained. The Great Western Railway Shares have fallen
from :35 to 321; the Brighton, Stevenson's) front 21 to 15;
the London and Birmingham, from 125 to 123; the London
and Southampton, from 21 to 221; and the Noith Midland
from £l2 to £lO per share. The Greenwich Shares have
touched a premium of £lO. In the minor lines of proposed
railroads the fluctuations have not been very considerable.
The Van Diemen's Land Agricultural Company's Shares have
risen front a discount an to a premium of 11 per share.
A slight. improvement has taken place to-day in Spanish
Bonds, an opinion being entertained that the next advices from
Madrid will be of a favourable character. From -lA. the bonds
have improved to 46 for money, and to 4(4; . for the account.
In Portuguese Stock there has been scarcely any variation, the
5 per cents. being quoted at S3g, and the 3 per cents. at 528.
Dutch Stock is advancing, the 12 per cents, having reached 56,
and the 5 per cents. 105 k. A few bargains were made. to-day
in the Republican Securities, and at reduced prices, Columbian
falling to 31i1; Mexican to 35,; and Peruvian id 243

TO ME EDITOR OP THE LIVERPOOL ST.9,VDARD.
SIR.—In reference to the proposal made and withdrawn by
Mr. M`Neile at the llivcesaii .‘:44i..iety's meeting last week, your
contemporary the Albion indulged in a sneer, as if the clergy
were mitre ready.to impose burthens on the, laity. than to haye_
them themselves. It is proverbially difficult to refute a sneer;
but. this sneer does admit of a partial refutation. I perceive by
your list of contributions that they amount altogether to about
27,000, and that of this total the sum of £2,000 proceeds from
clergymen—a fair proportion, even their enemies being Nudges.
I am, sir &c.; • , JEQUI.J.S,
February 2G, 1836. .
I .0
s-,The Royal Bank
LIVERPOOL ROYAL BANK.—AITIOngSt due
Will be found the prospectus of ,a new 'advertisements
Stock bank to be
established in this town, and to be
Cog state of trade, 'and
respectable
s IL)eicytearbplocosl,:a'
lrieihicch
owneindnedrietirgstainutlemi_it:ftirjebari:is.n.tgri'dOens al
whichrgean
we confess we are not surprised'
com-
merce iS inaking in this toltn;
the vast accumulation of wealth,
to see the formation of a rival- establishment to
.that of the
Bank of England;*hieh shattvolisess resources to enable it to
hold to maturity such bills as ,it may discount, render drafts
upon. London"to greteeAtent 'unnecessary, and become a
powerful protection to torninercial property, particularly at
periods of mercantile convulsion. At first sight we could not
perceive the reason for fixing the shares at so large a sum; but
on reflection we consider it the best policy, inasmuch as it will
tend considerably to keep Wein more fixed and less subject to
speculation in this share market. As the introduction of steam
vessels bas seized upon the best part of the coasting trade; and
as railway travelling, where it is established, has superseded
coaches and other modes of conveyance, so where joint stock
banks on a large scale are established, private banks 'will be
compelled to give way, thus adding greater security as well as
increased accommodation to the public. We have, indeed, no
doubt whatever that this new bank, if properly conducted and
made open to all parties, will become one of the highest mone-
tary establishments in England ,• but we beg to impress upon
the directors the necessity and importance of securing tli
utmost secrecy in their operations, want of attention to which
has ever been the greatest objection to joint stock banks.
REPRESENTATION OF OLDHAM.—We hear that Mr. Fielden,
at present one of the representatives of this borough in Parlia-
ment, iutends to vacate his seat in a short time, on the ground
of ill health, and his parliamentary ditties occupying too great
a portion of his time. Mr. Henry Stocks Smith, a gentleman
of stanch conservative principles, and connected with a mer-
cantile establishment in Leeds, we understand, will offer his
services to the electors of Oldham in the event of Mr: Fielden's
retirement. .

THE limn Certuov.—We understand the sum of £5OO has
been subscribed towards the relief of the Irish clergy, in NVar-
rington, in addition to the suns of £5B collected by the Rev.
James 'Wright.
PRESENTATION OF PLATE.—On Wednesday last the pupils
of Mr. Herring, of Hamilton-square, Birkenhead, presented
him.,with a silver snuff-box, as token of their affection and
respect. The following is a copy of the speech delivered by
one of the.young gentlemen on-the occasion:—" For your un-
wearied attention and indefatigable pains in endeavouring to
instil into our minds thoSe principles of religion and educa-
tion which in after life will be our guide and monitor, we feel
ourselves called upon to present you with some small token of
respect, and hope you will accept and preserve this box as a
memorial of the regard and esteem of your affectionate pupils."
Ftag.—At eleven o'clock, on Saturday morning, a fire broke
out in a stable attached to Air. Steward's cooperage, Great
Howard-street. The stable being built of wood, and surrounded
by premises filled with the most combustible materials, serious
alarm was bxcited. Three fire-engines, however, were quickly
on the spot, and soon checked the progress of the flames. The
roof of the stable was burnt, but no further damage was dote.
THE QUARTERLY JOURNAL OF AGRICULTURE.—The Quar-
terly Journal of Argiculture which has now arrived at the cha-
racter of the standard work on eat iculture in'the kingdom, and
which richly deserves the high distinction among its contempo-
raries, can be at all times recommended as a sound adviser of
judicious practice, and occasionally, as in the present number,
as a vehicle of topics on general interest iu connexion with agri-
culture. A retrospect of the rustic labours of the late Sir John
Sinclair cannot fail to exhibit this patriot in .a favourable light;
nor can the meed of praise be withheld from the Highland and
Agricultural Society, for their judicious efforts to collect into
one focus the Geological knowledge of Scotland, which has hi-
therto lain scattered in obscurity.
THE CHURCH.—A meeting was held in the Court-house, at
Leeds, last week, Joseph Robert Atkinson, Esq., in the chair,
and which was attended by many influential gentlemen con-
nected with that town and its immediate neighbourhood, for the
purpose of considering the best means of proiiding additional
church accommodation in the town of Leeds. Resolutions for
that-purpose were moved and carried unanimously, and a com-
mittee was formed to carry them into effect. In a feW days
afterwards the handsome sum of 1.:6,000 pounds was contributed
towards the object of the meeting.
THE BENCH 00 BISHOPS.—In addition to the vacancy in
the episcopal bench, occasioned by the death of that eminent
prelate, Dr. Van Alildart, the late bishop of Durham, other
deaths are hourly expected, as will be seen by the subjoined
extracts, taken from the London paperi Dr.' Herbert
Marsh, Bishop of Peterborough, is so dangerorislv ill that his
life is despaired of." "sl'he venerable and learned Bishop of
Salisbury, Dr. Burgess. is so ill that little hope is entertained
of his recovery." "The Bishop of Ely, Dr. Sparkes, is in a
dangerous state of health."-
DEVrti OF SIR WM. GELL.—The remains of this traveller,
who died on the 4th February at Naples, were deposited, by his,
own desire, within the precincts of the English burYing-ground,
in the vault constructed to receive those of the late Margravine
of Anspach, 'Sir Wm. Cell had resided in Italy since the year
1815, labouring under ill health and infirmities, brought on by
almost continued attacks of gout; but until a few months past
they had not precluded his strenuous application to those lite.;:
rary and archaeological researches, which enabled him to give,
' to the world several works of high estimation and merit.—Ga-
. lignani's Messenger.
COPYRIGHT ACT,—A motion is about to be submitted to the
House of Commons for leave to bring in a bill to repeal the last
copyright act, so far,as yelatei to the giving of eleven copies of
new works, &c., to various richly-endowed publit bodies, which
ought to he the patrons and encouragers` of high literari efforts)
instee:d. Of r.qiilg ilfrAY 04M: