The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1849-07-24 00:00:00

THE COTTON TRADE.

It is now a fortnight since we refuted the statement put
forth in the Manchester Examiner and Times, that the
stock of cotton in the kingdom on the 30th of June next
would be 765,000 ba!es. We have looked carefully through
each number of our contemporary, expecting that, after
having made such a flourish of figures, he would not be in-
clined to give up his position without another attempt in
its defence; but neither reply norexplanation has appeared,
and we must conclude that, after looking into the matter,
he- finds that there may be a deficiency in the supply be-
tween the present time and the end of the year, and has
in consequence tacitly acknowledged his error.
The sales during the fortnight ending the 20th inst.,
have amounted to 159,000 bales, including all descriptions ;
of which the trade have taken 95,000 and exporters 13,000,
at a further advance of an eighth each week. The
accounts by the steamer " America, " which arrived
on the 15th inst., were again in favour of the holders of
cotton, stating that the cholera was raging amongst
the slaves in some localities, that there was every
certainty of the coming crop being late and short,
that the receipts were tailing offrand that prices in con-
sequence had aavanced another quarter of a cent. The
impression that our Manchester friends have secured a
considerable stock, and are in a position to stand aloof from
appearing in this market for several weeks, is erroneous :
for though they have bought freely'the last fortnight, they
have, on the aggregate of the last two months, enhanced
their stock little more than 60,000 -bales, or equal to a fort-
night's consumption. It is a fact that many of the large
manufacturers are working to order, and must continue to
do so for several weeks, and that others are obtaining a
liberal advance on their yarns and manufactures. The
armistice between the Kings of Denmark and Prussia was
finally ratified on the 17th inst., and though some of the
small fry of the German States may bluster and talk large,
they will have to succumb, as this nonsense will be no
longer tolerated by this country and the other powers.
There are two other features connected withcotton which
are worthy of consideration. The first is, that the late
heavy purchases, said to have been made on speculation,
have, in very many instances, been transactions of capi-
talists for investment, the railways particularly holding out
little inducement for the employment of money, so long
as the excitement prevails with regard to Mr. Hudson's
conduct. The other is, the fact of orders having been re-
ceived from America to buy cotton, as we predicted in a
previous article would be the case; the Americans finding
themselves without cotton except for their own consump-
tion, and knowing the precarious position of their growing
crop, are naturally anxious to possess themselves of stock,
(it may be profit,) and we should not be surprised to hear
of further orders to a considerable amount being received
by the next and following steamers.
The stock in the Brokers' Circular, on last Friday, was
put down at..
ll' we add the probable supply which will arrive
during the next twelve weeks, 50,000 from the
States, and 100,000 from Bombay and other
places

854,000

And deduct twelve weeks'' consump-
tion, at 32,000 a week. 384,000
Export for the same period: 50,000-434,000,
We shall find our stock of all descriptions 420,000
on the 12th October next,. against 580,000 same period
last year. It is worthy of remark that up to this date in
the same year the trade purchased 25,700 bales weekly,
whilst this year their weekly purchases have amounted to
32,100; so that supposing they have an excessive stock.of
some 60,000 or 70,000 bales, the consumption so iar this
year has been upwards.of 30,000 bales a week.
Some persons seem, to doubt the estimate of the con-
sumption of cotton at the present time in Europe and
America, but we wilt only refer the sceptical on. this
point to the Manchester Guardian of Saturday, the 21st
inst. for information as to the former, and to the
London Times of Wednesday, the 18th inst. as. regards
the latter.

SUNDAY SCHOOL. SOCIETY FOR IRELAND.—TIIO an-
nual meeting of the Ladies' Auxiliary (in Liveryool) to
this society, was held last evening, in the Christ' Church
school-room, in Christian-street, when the Rev. De Lavel
Willis, perpetual curate of Portadown, attended as a de-
putation from the Parent Society. The meeting was not
very numerously attended. The Rev. Mr. Whalley was
in the chair ; and after having touched on the value of the
society, and on Sunday schools in general; introduced
Mr. Willis to the meeting, who rose and addressed an
eloquent speech to those around him. He contrasted the
scanty meeting of that evening with the. overflowing as-
semblies which formerly congregated in this town in fur-
therance of that cause; but he was not: disappointed at
this, for he could well understand that they might become
weary of making efforts for good in Ireland : yet lie would
remind them that there was Protestant Ireland and Ca-
tholic Ireland, and Protestant Ireland had never been
ungrateful for the benefits conferred on them by the
Christian congregations in England.. The rev. gentleman
went on to contrast the favourable features of the Pro-
testant districts of Ireland with the deplorable picture
presented by the Catholic localities. As a proof of
the industry resulting from the practical observance of
the word of God, Belfast, in the year 1847, not only.
supported its own poor, but absolutely sent to the South
and West the handsome sum of .R 30,000 ; and as
a striking aggravation of this difference, the people of
the South possessed greater physical energy than the
people of Ulster, and the land was also more fertile in the
former district than the latter. The cause was the want
of energy on the part of the people who were debased by
the teaching which they were subjected to. He advocated
scriptural education as beyond all things necessary, and
opposed the system of education as carried out at the
present time in Ireland. and deplored the inimical spirit
now prevailing in Ireland to the Book of God. He
deplored the thousands which went from this country to
Ireland to support Maynooth, and for the purposes of the
National Board, which is different from the National So-
ciety in England, as that teaches the Word of God, which
the former does not. But with all the influence and
money of Government there were in the Scriptural schools
150,000 children, 40,000 of whom were the children of
Roman Catholics, and indeed there were more Roman
Catholic children in these schools than in those under the
care of the National Board. There was no society in Ire-
land of more value now than the Sunday Schools, for the
people could no longer send their children to the daily
schools. 84,389 copies of the Holy Scriptures had been,
through this society, diitributed throughout the country,
all of which, he was convinced, would result in good.
Thus it was that the society recommended it to them, and
it recommended itself also from its wants.

ELECTION OF WALLASEY COMMISSIONERS.

Considerable excitement has been manifested during the
past few weeks in the parish of Wallasey, on the subject of
the annuarelection to supply the place of seven members of
the board, who went out on the 19th instant, and of one
who is disqualified by removal; it being apparent that a
keen contest would take place on the occasion between
the two parties, into which the ratepayers are divided.
Two lists were in circulation, one called the white list,
containing the names of eight gentlemen favourable to
economy in every department, and the other the red list,
containing the names of eight who are supposed to be
favourable to carrying out fully the powers for an exten-
sive system of drainage, sewers, &c., given to the board
by its act of parliament. This party has hitherto had a
majority. A third, or blue list, sas also put forth, but '
exercised little influence in the result of the election.
On Thursday morning last, a most lively scene pre-
sented itself, cars and canvassers, with the favours of
the respective parties flying about in every direction ;
and at nine o'clock the polling began at the Queen's
Arms Hotel, Liscard. For the first hour and a half
the red, or New Brighton list, took the lead ; their
opponents, hower, gained upon them rapidly afterwards,
and at the close of polling the following was the result :
White List.—Henry Meadows, 282, Thorley Lester,
254, Thomas Dean, 233, William Callow, 245, Henry
Johnson, 222, Thomas Blundell, 246, Evan Jones, 221,
and Joseph Brice, 222.
Red List.—W. R. Coulborn, 147, Robert Edwards,
158, T. T. Glazebrook. 156, James Livesey, 168, John
Wawdsley, 183, Isaac Penny, 199, James Stringer, 182,
and Thomas Odell, 156.
The whole of the white cendidates are thus elected ; and
it is said that this places them in a majority on the board.
So decisive a result was not expected.