The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-02-20 00:00:00

HOUSE OF LORDS.-FRIDAY

Lortl.l3nnunitAm presented several petitions in favour of the
" baiiot " observing that though the question had been de-
feated elsewhere, there was a growing desire on the part of the
people ftti it.
Lord WA uNcti FFE reminded their lordships that when that
" hum" measure, the reform bill was before them, it was re-
sisted by many peers, on the ..rroutitl that the earning of it
would only prepare the way for the ballot, an extension of the
suffrage, &c , a prophecy that seemed to be likely to be fully, as
well as speedily, realised.
Lord BuouGHANI stated the terms of the address and reso'n-
tious regarding negro slaveiy and the slave trade which he
intentivd to move on Tuesday next.
Lord Mk:1.801;1414E, in answer to the Earl of Aberdeen's in-
quiry, stated the subject of religious education, as regarded
Scotland, anti as arising wit of several reports thereon, was
under the consideration of government; but that nothing had
been decided.

The banking (clerical) copartnership bill went through com-
mittee, after which their lordships adjourned till Alonday.

HOUSE OF COMMONS.-FRIDAY.

There were again many petitions presented ; but they were
presented in so hurried and confused a manner, and amid so
.s.itch noise, that the places whence they came, or the objects of
them, c:Aild seldom be heard in the gallery.
A petition was presented for a bill to enable the proprietors
to dispose of Vauxhall Gardens by lottery.
Mt. SLANEY gave notice that on Thursday next he would ap-
ply fur leave to bring in a bill to amend the law regarding elec-
tions, so its to prevent intimidation on the part of landlords.
Lord DUNGANNON inquired whether it was the intention of
the government to pronto!e any extension of the time regarding
the commu::itoin tithe,( England).
'[tie CHANCKLL.K of the Exceiv gt!.ER answered in the nega-
tive, but observed that the Treasury had in contemplation a
plan to facilitate the voluntary colovntitalion of lithes in
England lie added (in answer to inquiry from Mr. Heath-
cote) that the government did not contemplate any plan fur the
alteration tif the tithes commutation act ( England).
The house again resolved into committee on the poor relief
(Ireland) bill; and discussions thereon occupied nearly the
whole of the remainder of the sitting.

COMMERCIAL INTEI!LIGENCE AND MONEY

MARK 1:'1'.

(Prom the Sunday Times.)
CITY, SATURDAY--Thele. has not yet been a general re-
sumption of business in the mercantile markets. The inland
communication by the canals being still lute! rupted by the frost,
large quantities of manufactured goods. as well as of raw cot-
ton, wools, and silks are thus prevented from arrivina, at their
destination; by which the execution of orders for exportation
and home consumptton is prevented. As far, however, as an
opinion can be formed from the aspect at the mai kets, !bete is
every reason to expect, as-we have noticed on former occasions.
that there will shortly tie a cousideraide ioiprovernent in all de-
partments I,f trade. The course adopted by the Batik of Eng-
land, in reducing the rate of interest on Discounts to Four per
Cent:, has led to much controversy as to the policy of the mea-
sure at a period when specula ion, in many articles of produce
as well as in Shares and Foreign Bonds, has been revived, and.
in tact, carried to a very considerable amount. The facility
with which i'scouuts can be obtained from the private hankers
at Two-anti-a Half to Three per Cent., it is argued renders any
reduction by the Bank unnecessary, especially as it is admitted
that the Directors do not, while money continues so very plen-
tiful, anticipate that they will receive a treat accession of busi.
ness. The resolution adopted by the Bank, on Thursday, was
as follows:

"Bank of England, Feb. 15.
"At a Court of Directors held this day, resolved,
"That on and after the 16th instant, the rate of interest on
bills of exchange, and notes discounted at the Bank of England,
will be 4 cent. per annum.
"Joos KNIGHT, Secretary."

The advices received from the United States to the 15th ult.,
are not so satisfactory, in a mercantile point of view: as antici-
pated. The fact that the Bank of the Union had faded, had
checked the demand fur ad descriptions of goods, and the ap-
prehension that others would he compelled t,► adopt a similar
course, prevented the transmission of many large orders for
goods to this country. It is 'openly charged against some of
the parties connected with the Commonivealth Bank (one of
those which has stopped payment.) that a regular conspiracy
bad existed to obtain the public deposits,37o,ooo dollars having
been in its possession, all which, it is stated, would be a total
loss. The government would also loose, it was expected, 60,000
dollars, deposited in the Middlesex Bank, which had also sus-
pended pament
The affairs of most of the other banks of the United States
were in a Colourable condition, and litany of them were pre-
parintz to pay in specie. Those of Albany had resumed cash
payments. In New York, the banks held a sufficient amount
of holtion to enable then, to resume, and the Bank or the United
States had also greatly ang•uented its stock of the precious me-
tals. The ►ow rate of the exchange, and the prices realized for
gold and aitvcr, induced the °pluton at New Y..r►c, that thcwe
would be soon very considerthle arrivals of the precious metals
front Engiand. The Ameiican merchants were providing large
quantities of goods to this country, all the packets which have
recently come iii having been filled with rota u,. tobacco. tur-
pen•ine, &c. The quantity of cotton shipped off front the United
States, up t,o the 24th ult.,• exhibited a considerable deficiency,
as compared with the shipments in the corresponding period of
1836. The number of bales exported up to the 2'lth January
last was 3lB,txto• against 3.30,000 bales up to the same period of
the previous year. The exchange at New York was 109.1 to
110, with a great scarcity of motley. British sovereigns were
worth five dollars five cents. American commanded a pie-
mium of 8 to 9 per cent.

' Much dissatisfaction had been occasioned among the claim-
ants upon the French and Portuguese indemnity. fund, in conse-
quence of the President having directed that the parties having
claims should be paid in Treasury notes which were at a dis-
count of from 11 per cent. This was considered a great haul-
ship, as the American authorities would only receive the com-
pensation due to American subjects in specie. An official no-
tification had be,n issued from the department of state at Wash-
ington, to the effect. that the United States Minister at Lisbon
bad received the first instalment of 10,000 milreis. being part of
the indemnity agreed to lie paid be the Portuguese govern
ment in sattsfaction of claims of American subjects, owners of
vessels destroyed or captured by the former state.
The Funds have shown great. firmness this week, many ex-
tensive purchases having been made in consequence of the ter.
Initiation of the revolt in Canada, and the resolution of the. Bank
Directors to dimieish the rate of discounts to 4 per cent. The
advance-on Consols, and the other descriptions of Stock, has
exceeded 11 percent., the lowest prices or the homer having
been 91a, and the highest which were from yesterday, 92N.
The speculators for a fall were quite taken ‘• aback" by the
Bank notice, and the absence of any apprehension of a rupture
with America in consequence of the destruction of the " Cato-
line" steam-boat. The amount of Stock bought yesterday to
make up Heur Accounts was very heavy. The rise on the Three
per Cents Redtwed has been froiii 921 to 934. and in the Three-
and-a-Half tier Gents Reduced from 1001 to 100 i. Not much
fluctuation has taken place in Exchequer Bilis, which were
yesterday at 55 57 prem., or in India Bonds, which have re-
;trained very steady at 55 57 preen Bank of England Stock
has fallen from 206 to 2051 but in East India Stock there has
been a run from 2631 to
There have not been any very important operations in pro-
gress in the Foreign Stock Alaoket this week. The principal
alteration hits been in Brazilian Stock, which, in consequence
of the report that the rebels at Bahia could not hold out against
the general government, have advanced from 721 to 74i. The
market yesterday was much less animated as that news was not
confirmed, anti the wives declined to 731. The fac: that about
£l2 (100 is on its way to this country from Bogot, to form the
nucleus of a fund for the liquidation Ida portion of the dividends
due upon Colombian Bonds, has given great firmness to all the
South American Stocks. The advances on Colombian has been
from 24 to 21, in Mexican front 29 to 30, and in Peruvian from
19 to 21. The value of Spanish Stock has lather improved this
week, purchases having been made yesterday at 19, which is
per rent. better. Portuguese Five per Cents. have not been
sold above 271. nor the Torre per Cents at more than 18. The
value of Russian Stock has been increased to 113, of Danish to
75, of the Dutch Two-and-a-Half per Cents to 531. and of the
Five per Cents to 10.3.: The quotations of the -French Five per
Cents have tbirttrated.this week between 110.25 and 110.50, the
exchange being quoted at 25f. 8a•. The settlement of the ac-
count in this market was accomplished without any difficulty on
Wednesday last. The money which changed hands was nut by
any means extensive.

The mania for speculations in Shares has been increased to
nearly a lever height this week, and prices have all been on the
rise. Many of them, however, received a sudden check yester-
day afternoon, parties showing a desire to realize their profits.
The highest prices obtained for the principal shares this week
have been the following :—The Birmingham and Derby 171,
or 21 die.; the Bristol and Exeter 6, or 4 dis. ; the 'Coro
Westefu 86, or 21 pm.; the London and Brighton 14. orb pm.;
the Black wall 8. or 5 pm. ; the London and Birmingham 166,
or 76 pin.; the Greenwich 19. or I dis.; the Southampton 40,
or I() die.; the Croydon 22 !<, nr 2)i pm.; the Manchester and
Leeds 30, or 10Pto• ; the North Midland 26%, or pm.; and
the South Eastern and Dover 7, or par. In the other Shares
not much change has occurred. British North American Bank
Shares have improved to 20 or par; Loudon and Westminster
Bank 21 IC. or 1;1,6 pm.; and London .Joint Stock Bank 7, or par.
HALE-FAST TWELVE.—The excitement produced by the late
arrivals from New York, which brought intelligence to the 24th
from Canada, having, in some degree subsided, the attention
of those interested in the affairs of that distracted country is
turned to the reported arrival off Hnithead, of the packet-ship
Hibernia. which will bring advises two days later than those
previously received.
'We nave no new" of interest frotn the continent. -
In funds there
is but little to notice this morning. Consols
fir money and account are flat at 92k, exchequer Bills are at
57. and
annodt rallied, cidoirtked ludic
bonds at 14s. prem.; hank stock
i 215117 l'he reduced three-and-a-
half per rents maintain the ativaured quotation of 101'4,
In the foreign market not much ho loess has yet been Iran-
bonds are at 19% to R, Portuguese new
Columbian at 274, and Dutch
as at c2t7eid:
BSrapzaiiii its,,hlnadcst iavte 73, n
two-and-a-half per cents at 531.
Shares are still in demand: Great Western fetch 21, the
Brighton 5,. the Birmingham 75, the Sonthampton new 164.
and the North Midland 11 prem. Colonial Bank are at )(2
prem.

COACH AcrtnaNT.—On Itionfh evenint.r as the Doctor
c,,„0.,
was
on its
way to
Nl,uchester. through Blackburn and
Bolton, on arriving at Dimple toll-bar near Charter's Moss.
on Ilse Blackburn road, an accident
about bye mites fron Bott"n,
occurred. Mr. Th,„ites's brewery cart nas on its way to
Blackburn, and the coachtvan, seeing that it was in the way,
called out for the carter It, remove it. The carter, however,
was absent from his post and the coach and cart came ill con-
tact, by a hich tha coachman and a gentleman on the box-seat
were !brown to the ground. The coachman sprung op, and
endeavoured to stick to the reins. but the horses plucked them
from his grasp, and the pole and splinter bar hsving been bro.;
ken, the horses galloped down the bill, leaving the coach at the
top, which was a very fortunate circumstance, as the coach
would probably have been thrown over by the steepness of the
descent, and the consequences might have been awful. The
coachman has since been confined to his bed, but is not seriously
iaj ured.---Mandiester Courier.

"I‘
ia* "

SPUR 71 G I TE L LIGENCE.

MANCHESTER.—FnIDAY EVENING.

The two fist ►avourites fur the Trati;snrien'sl"late, at Ches-
ter, continue to gain ground; and it will be found that 63i to 1
against Birdlime, and 9 to 1 against Wentworth, are the High-
est odds that can be obtained., Both horses have been so mucha
in vogue for the past week 'that the layers are not much disposed
to put their judgment in competition with that of their takers.
Sylvan is rather to the fore of Mr. Robinson's horse, although
there appear. a di.•position, with one of his most zealous and
early admirers, to keep Whaley in place, and it is conjectured
business of moment would follow if the cut rent odds were ex-
tended a point or so. The naiddte rank have recently had hut
occasional notice, so closely bent upon Birdlime and Mr. Price's
horse have several parties beetl. The only outsider which has
drawn forth any lousiness of moment was Mr. Cooke's Raelr,l,
backed in the course of last night at 500 to 10, and some smaller
sums, averaging a similar price. —From the tenor of the Derby
engagements, recently made, it would appear as if D'Egville
wits not quite right ; five days ago he shoot back to 100 to 6, and
this was tollowe c up ou Wednesday tor lit) to 7 being laid. On
the previous day Mr. Armitage's Nonplus colt was backed at 10
to 1, and Bretty, from the same crack sable, at 100 to 2; the
layers, hoWever, were not disposed to transact much lousiness
on these terms. Nothing has occurred for the two past days
requiring con►meut.—Tbe following are the average prices of
the Chester Cut► horses:'—

13 to 2 against Mr. Mustyn's Birdlime (t)
9to 1 „ Mr. Price's Wentworh (t)
91to 1 „ General Yates's Sylvan
10 to 1 „ Mr. Robinson's Whaley
121 to 1 „ Mr Clarke's Magician
13 to 1 „ Mr. Fairlie's Zohrab
18 to 1 „ Mr. liou;dsworth's Combat
20 to 1 ~ Mr. Bower's Lord Stafford
20 to 1 ;, Capt. Lamb's Chit Chat
23 to 1 „ Mr. Barrow's Catherina
25 to 1 „ Sir I'. Stanley's Violet
25 to 1 „ Lord Miltown's Fusileer.
51) to 1 „ Rachel (t)
We are given to understand, that the first string of horses
from the celebrated stable of Scott are now en route fur New-
market, and that the others will follow in a few days.—Should
a thaw take place. the coursing circles will be attracted, on
Wednesday and Thursday, to Ahem, ablut eleven miles from
Liverpool. The Waterloo Cup and Purse, are the important
prizes.—On Friday, the long-spoken-of" Lancashire Gold Cup
( with an entry of 178 dogs) will be commenced upon, within two
miles of Southport. It will last at least tour days.

T1{1.42. LIN'ERPOOI, STIV:II)AftiD