The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-01-30 00:00:00

CANADA BILL.

Mr. BERNAL brought up the report of the committee on the
Canada Government Bill, which was agreed to.
On the motion of Sir G. GREY, the amendments proposed
last night were agreed to, and the bill ordered to be reprinted,
and read a third time o❑ Monday.
The house, after sitting a few minutes, adjourned,

COMMERCIAL INTELLIGENCE AND MONEY.
MARKET.
(From the Sunday Times.)

CITY, SATURDAY.—The mercantile intelligence received from
the United States to the 26th ult. is of some importance. The
merchants of America appear still but little inclined to enter
Otto any large operations. The importation of foreign goods
had been very limited, especially during the two months pre-
viously to the date of the present advices. It was expected,
however, that a great increase of importations from England
would take place into New York during the present mouth.
The trade would be much facilitated by the reduction of one-
telith of the duties on most imported goods, which took place on
the Ist instant. One of the latest ltters from New York ob-
serves, " The orders sent out for spring goods to England and
France are very limited, as many of those who formerly import-
ed largely had not now funds to send with them, and without
which the British manufacturers would he in no haste to execute
orders. While, therefore, our merchants are contracting fur

new engagements, we have a large crop of cotton going forward
to Europe, for the cost of which the southern merchants are
drawing largely on this city, thus accounting for the fall in ex-
change. The business in bills is very limited, and the fall in
exchange has put an end to exports of specie to England. The
rates are now so low that we may expect soon large imports of
precious metals; it would yield at the present rates a handsome
profit to shippers from Europe."
Capitalists' in America were most anxiously waiting to as-
certain the measures to be proposed in the legislature for the
relief of the community, especially as regards the banks, the

usury and mortgage laws, and the acts restraining the banks
of the States from issuiug small bills. It was generally believ-
ed, that the resumption of specie payments by all the principal
banks was not far distant. It was said, that one-halt the profits
of the bank of the United States, in the loans made during the
late panic on English and French bills, would more than cover
the losses of the concern.

The state of the markets for East India produce, at the com-
mencement of the present year, was satisfactory. Of indigo,
however, the stock has rather increased; the quantity in the
public warehouses, at the conclusion of last year, being 23,970
chests, against 22,340 chests in the corresponding period of
1836. Toe result of the recent quarterly sales, however, show
that the importers are pretty confident that prices must advance
in the spring, the continental markets, as well as the manufac-
turers at home, being supplied only to a limited extent. That
this is the feeling may be gathered from the fact, that out of
8,000 chests which have recently been submitted for sale, the
importers bought in very nearly two-thirds of the whole quantity
declared fur sale. A considerably improved demand is antici-
pated in the spring. The stock of East India cotton in the -poit
of London is considerabie, amounting to 36,900 bales of Bom-
bay 9,700 of Bengal, and 11,230 bales of Surats.
The prices of grain are materially influenced by the state of
the weather. The supplies have been of necessity exceedingly
slight, and the high prices demanded have induced the millers
to refrain from purchasing, except to meet the most pressing
wants. The quotations of foreign wheat in the markets of Ame-
rica do not offer much inducement to export foreign grain from
hence at present.
Much firmness has been displayed by the market for the
English securities, which were increased by the cheering news
received front Canada of the check given by the forces, under
the gallant Sir John Colborne, to the progress of revolt among
the French party in the colony. The intelligence of the defeat
of the rebels at the Grand Brule and St. Eustache, raised the
•prices to the extent of 4 per cent. But for that opportune ar-
rival of the advices from Canada, the prices would have declined,
as o:tete was a much bettersupply of money stock in the middle
of the week than previously; as it was, a re-action of about lc,
to I per cent took place yesterday, but the highest value of the
week was again given yesterday. Consols have risen from 91i
to 9214 for account and money, and were yesterday afternoon
at these prices. The iniprovement in Reduced Annuities has
been front 92 to 924. in the Three-and-a-Half per cents from
100 to 1004, in the New Stock from 994 to 1001, in Bank of
England Stock from 2013 to 2061, anti in East India Stock from
264 to 2641. The premium of -Exchequer Bills has been up to
60, and on India Bonds to 5455.
With the exception of a slight movement in Spanish Portu-
guese, and Brazilian Stuck. the business done this week in the
Foteign Bond market has been trifling. The prices of Spanish
bonds have risen per cent, on the report that the French
ministry awe about to make advances to Spain to relieve the
financial difficulties to which the latter is reduced to. It is not
known in which way so desirable a project is to be effected.
The Bouds have not risen above 194. A contrary movement
has taken place in Portuguese, the Five per Cent Bonds having
fallen from 291 to 274, and the Three per Cents from 19 to 173
4-
The intelligence received from Portugal is any thing but satis-
factory. The public departments appear to be in a most ineffi-
cient state, and the collection of the revenue, in many places,
almost impossible. The price of French Stock has improved •
the Five per Cents to Ioof. 75 c., and the Two per Cents to 80;
Exchange, 25f. 50c. In Belgic Stock purchases have been
made at 102; in Russian at 1121 ; in Danish, at 741; in Dutch
Five per Cents, at 103 k ,• these rates showing an advance of
from sto 4 per cent. in the course of the week. Brazil Stock
rose yesterday from 72 to 731. The news from Pernambuco
represents that place as remaining tranquil. Mexican Stock
has rallied from 251 to 26, and Colombian to 25.
The mania for speculating in shares is on the increase ; the
quantity of business done this week is very great indeed. The
highest prices of the principal lines of railway have been as
follows, but yesterday a slight fall took place : the Birmingham
and Derby have been at 17, or 3 dia.; the Great Western at
82, or 19 prem.; the Brighton at 84, or 34 prem.; the Black-
wall at 44, or 11 prem.; the London and Birmingham at 164,
or 74 prem.; the Southampton at 404, or 914 dis.; the New
Shares at 224, or 174 prem.; the Greenwich at 17, or 3 dis.;
the Croydon at 234 or 24 prem.; the Manchester and Leeds at
26. or 6 prem. ; the Manchester and Birmingham at 104, or 34
prem. ; the North Midland at 25, or par; and the York and
North Midland at 6, or par. The rise on some of these shares
has been rapid. The Canada Land Company's Shares have
reached 33, or 5 prem. ; the British North America Bank
Shares,. after reaching 264, fell to 254, or 4 preen. London
Joint stock Bank Shares cemmand 7, or par.
HALF-PAST TWELVE.—The Suldons, which brings advices
from New York, to the 2d. instant, has been met by the packet
dispatched by government, anti had her letters. conveyekto,
Liverpool.. These have reached town, but the papers have not
yet arrived.

The trial of the prisoners committed to the gaol of Montreal,
on the charge of high treason, appears to be very near.
The evils of interference in the quarrels of. foreign powers
are therein very accurately set forth, and very unfavourable
results are staled as likely to ensue to the United States, in the
event of her taking any part in the struggle.
The reports of the defeat of Sir F. Bond Head at Navy
Island is not believed.

The price of Consols has only slightly receded, little credit
being put upon the news from Upper Canada, coming, as it does,
through the American papers which reported the total defeat of
Colonel Wetherall, at St. Charles. Consols have only fallen
hto per colt., the value both fur money and account being
92 to h. Exchequer maintain the premium of 585 to 604, pre-
mium. Bank Stuck is worth 206 to }6, ; Reduo.ed 34 per Cents
fetch 100 i.
In Foreign Bonds there has not been much business done.
Portuguese New Bonds commenced 2814, Spanish Consuls
have declined to 191, and Brazilian Bonds are worth 73.
Shales up to this hour have not varied.