The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1841-02-12 00:00:00

JOURNAL OF THE MONEY MARKET,

MONDAY EVENING.—In the English stock—market prices
have fluctuated, but compared with those of Saturday, there
is little difference in the final quotations. Consols for money
opened 88k to 1, and closed at that price. For the account
the price was 88k, sellers, then buyers reached 89, and left off
81k buyers. Exchequer-bills were better, ss. to 7s. pre-
mium. Bank stock was last marked 163 to 164, and India
stock 245 to 247 ; 3 per cent. reduced, 89k ; 34 per cent.
rednCed, 984 ; long annuities (expiring January 5, 1860),
13 ; ditto 30 years (expiring January 5, 1860), 121 ; and
new 34 per cents., 974.

Very few bargains were made in the foreign securities, but
they closed, if anything, a trifle firmer. Spanish actives
were finally quoted. 24 ; Portuguese 5 per cents., 318 to 32 ;
ditto 3 per cents., 194 to 20 ; Dutch 24 per cents., 494 to
504 ; ditto 5 per cents., 984 to 94; Mexican, 274 to 28 ; Co-
lombian, 224 to 23; Brazilian, 72 to 4 ; and Belgian, 98 to
99.

TUESDAY EVENING.—A good deal of business was trans-
acted to-day in the government securities, and under the
pressure of sales, which created a demand for money, to-
wards the close of business prices gave way nearly a quarter
per cent. Several reasons are assigned for this decline, but
the more solid ones appear to be distrust respecting the
result of the pending negotiations between our government
and the United States, and the expected introduction of the
new French loan into the Paris market. Consols for the
account opened at 88k, declined to rallied to but were
lastly quoted 881 to I. Consols for money, after having
been' 88k, closed 88. R. to I. The reduced securities were
similarly affected, Three per Cents. Reduced leaving off
881, 3} per Cents. Reduced 97i, ,and New 3} per Cents,
97 ; Bank Stock closed 163 to 164 ; India Stock, 2453 to
2461; Exchequer-bills, 5s to 7s premium; Long Annuities
(expiring January 5, 1860), 13, and ditto, 30 years (expiring
October 10, 1859), 12g.

The foreign stocks were not.much dealt in, but the ten-
dency of prices in the English market produced a decline.
Spanish Actives closed 231 to ; Mexican, 274 to 28; Co-
lombian, 22/ to 23 ; Dutch 21 per Cents, 494 to 50; ditto
5 per Cents, 981 to 91 ; Portuguese 5 per Cents, 311 to 32 ;
ditto 3 per Cents, 194 to 20; and .Brazilian, 72 to 4. Bue-
nos Ayres Bonds are quoted 22 to 23.
WEDNESDAY EVENING.—The private bankers continue
to manifest every possible hostility towards the joint-stock
banks, so that any reconciliation or amicable arrangement be-
tween the parties seems to be past all reasonable hope. There
could be no benefit, therefore, in giving further instances of
this feeling. unless some point of law, or matter in which the
public generally can acquire an interest, happened to be mixed
up with them. A check for £14,000, drawn by a Stook Ex-
change firm upon a private banking house, was presented
yesterday for payment by a joint-stock bank, which was re-
fused, and the answer written on the check was, " Orders to
pay through the clearing only." Inquiry was subsequently
made whether the check would be paid after five o'clock,
when the business of the clearing house would be over, to
which,,the reply was, that it would not be paid till the next
morning. The check, it appears, hap been presented this
morning and duly paid, but the question which arises upon
the affair is, supposing the private bank to have failed in the
mean time, upon whom would the loss have fallen—upon the
drawer of the check, or the party to whom it was given?
This might involve a very curious point of law.
Some of the letters from Paris hint at the probable renewal
of those disagreements which have existed between the French
and English governments, and it has had a further effect upon
the'value of the funded securities. Consols have declined
abotkt 4 per cent., having opened at 884, and closing at 88 to
4, the last money price was 874 to 88; 3 per Cents, Reduced
closed at 881; 3* per Cents. Reduced, 97+; New 34 per
Cents., 96+; Long Annnities (expiring January 5, 1860), 12
15-16; ditto 30 years (expiring January 5, 1860), 14 ; Bank
Stock left off 163 to 164 ; India Stock, 245 to 247 ; and
chequer-bills, ss. to 7s. premium.

Hortarn DEATH.—During the late snow storm a man
named Roddy Divver, went to the village of Cresslough, in
the county of Donegal, and remained drinking in a public-
house till he became intoxicated to such a degree, that when
about to return home, the people of the house, fearing he
might fall on the frost, and be inpredt.as the road that night
was very slippery, made a bed for him beside the kitchen
fire, on which they placed him when retiring to their respec-
tive places of rest. On arising in the morning, an awful
spectacle was presented to their yiew, the unfortunate man
was literally burned to a Cinder, his body being so mutilated
from the effects of the fire, that it could not be removed till
it was placed in a coffin.—Londonderry Sentinel.
THE IWDOR COTTAGE AFFAIR,—AS soon as the letter of
Mr. Lethbridge, in reply to the Rev. Mr. Bernard, had been
published in Wiveliscorobe, a meeting of the neighbours and
acquaintances of the latter gentleman was palled, which took
place at Wiveliscombe on Thursday last, and although the
notice was a very short one, it was very numerously at-
tended. .From the speeches of the different movers and se-
conders of them, as well as from the enthusiastic manner in
which the character of Mr, Bernard, as a clergyman, a ma-
gistrate,* a neighbour, and a friend of the poor, on all occa-
sions was spoken of and received, there can. be but one
opinion as to the foulness of the scandal which Mr. Leth-
bridge has attempted to heap upon him. At this meeting,
composed of all parties on politics, whilst there was a gene-
ral abhorrence expressed of the sentiments imputed to Mr.
Bernard by Mr. Lethbridge, there was also the most marked
conviction declared that a gentleman, who has throughout a
long period of time acquitted himself towards all classes as
to acquire their most cordial esteem and regard, must be in-
capable of holding sentiments in any way approaching to
those stated by Mr. Lethbridge.—[* Mr. Bernard has been
an acting magistrate for this division of the county for Up-
wards of 24 years.j

THE ROYAL CHRISTENING,

The Princess Royal was yesterday admitted a member of
the Christian church, and though perhaps some disappoint-
ment may have been felt that a ceremony so interesting and
important should not have been solemnised in a more public
manner, yet, as it was decided to have it performed within
the precincts of Buckingham Palace, nothing was left undone
that could at all contribute to its splendour or effect. The
ceremony was. in , every respect what in court parlance is
called state, that is to say, all the splendour and resources of
the royal household were put in requisition, and the same
forms and etiquette were observed as when the Queen per-
forms any public act as sovereign. The christening took
place in' the throne-room, the throne 'being removed, and an'
altar erected in its stead, covered with crimson velvet, having
the sacred insignia of the Christian faith embroidered in
gold. On it were placed the massive silver gilt communion
service of the Chapel Royal, lighted with gold candelabra.
The railing enclosing the altar was covered with crimson
velvet, trimmed with gold lace, and in front, and spread over
the richly and costly carpet of the room, was a large square
of crimson velvet, beautifully embroidered in the centre and
at the four corners in gold, and trimmed all round with gold
lace. On this was the font, and round it were assembled
the Queen, Prince Albert, the sponsors, and the officiating
prelates and clergymen. In front of the altar stood the
Archbishop of Canterbury, having on one side the Arch-
bishop of York, and on the other the Bishop of London ; the
Bishop of Norwich and the Dean of Carlisle being 'a little
behind. The Queen and Prince Albert took their stations
on the left of the Archbishop. The sponsors were the
Queen Dowager, the Duchess of Gloucester, the Duchess
of Kent, the King of the Belgians, the Duke of Sussex, and
the Duke of Saxe Coburg and Gotha, who appeared by
proxy,-the proxy being the Duke of Wellington. The Queen
Dowager, the King of the Belgians, the Duchess of Kent,
and the Duchess of Gloucester, were seated in front of the
Archbishop, and facing the altar ; the Duke of Sussex and
the Duke of Wellington being opposite to the Queen and
Prince Albert, and thus the whole group formed a square, of
which the font was the centre. The Duke of Cambridge,
Prince George of Cambridge, and Prince Edward of Saxe
Weimar, stood behind the Queen Dowager, and the rest of the
guests were ranged around. The Queen was dressed in white,
and looked cheerful and in excellent health. Her Majesty wore
a deep and splendid tiara of diamonds, of which the Maltese
cross and thefieur delis were the principal ornaments, large
diamond earrings, and a diamond stomacher, and the riband
and star of the Order of the Garter. Prince Albert wore a
Field Marshal's uniform, with the collar and star of the Or-
der of the Garter; as did the fluke of Wellington, and also
his Waterloo Medal. The Duke of Sussex appeared in the
uniform of Captain-General of the Hon. Artillery Company,
and' wore the insignia of the Order of the Garter. The Duke
of Cambridge wore the uniform of Field Marshal, and the
Order of the Garter. Prince George'wore the uniform of
his regiment, with the Order of the •Garter. The Queen
Dowager, the Duchess of Glocester, and the Duchess of
Kent wore white satin and diamonds. Her Majesty the
Queen Dowager, who has suffered lately from the severity of
the weather, enveloped herself in a magnificent mantle of
ermine. The appearance of the Duke of Wellington excited
the greatest interest in the illustrious circle, his Grace ap-
peared to have recovered completely from his late indisposi-
tion, and looked tolerably well ; but it is useless to conceal,
that age and infirmity have made fearful inroads upon his
constitution. Surely the compliment of selecting his Grace
from among all the subjects of Great Britain, to be the repre-
sentative of Prince Albert's father on this occasion, could not
have been better bestowed, or better deserved, and so every
one of the illustrious guests seemed to think; even the hand
of the Coldstreams seemed influenced by the general• feeling,
for though in the middle of the performance of some other
piece of •music on the Duke's arrival at the Palace, they im-
mediately left off, and saluted him with " See, the conquer-
ing hero comes," until he had fairly entered the state apart-
ments.

- 'The saloon, the most magnificent of the state apartments,
was prepared with great splendour for the christening. An
altar had been erected within the throne alcove, the front and
sides hung with crimson velvet very richly and elegantly or-
namented with broad gold lace. The back of the altar was
fitted in the same splendid style, having the initials I.H.S. in
the centre, embroidered in gold, and enriched with deep rays.
The back was finished with a curved gilt bower, forming an
elliptic arch at the top. The gold communion plate, from
the Chapel Royal, St. James's, was arranged on the altar, a
large gold salver being placed in the middle, containing a fine
representation, in alto relievo, "The Last Supper."
The font, which was made expressly for the occasion,
showed a great deal of elegant fancy in the design, and the
most consummate skill in the execution. First, there was a
triangular plinth, on the sides of which were the arms of the
Queen, Prince Albert, and the infant Princess, embossed,
the latter borne on a lozenge, and surmounted by a coronet.
On the plinth were three cherubs, who united in supporting
a large water lily, which contained the water. The whole of
this was of silver gilt, and had a very beautiful effect. It was
placed on a marble table on which were the Royal arms of
England in Mosaic. The water in the font, and wherewith
the Royal child was christened, came from the River Jordan,
having been sent to her Majesty as a present for this especial
purpose.
The font was placed on a handsome circular table of mar-
ble, having the Royal arms executed in Mosaic at the top.
The table itself stood on a small raised platform placed on a
large carpetof crimson velvet extending to the seats reserved
for the illustrious sponsors and visitors. The carpet was em-
broidered with gold at the angles, and had also a deep gold
border. Candelabra on gilt pedestals were on either side of
the altar, and within the alcove were two cut glass chande-
liers ; another chandelier of the largest size was hung in the
middle of the room, and candelabra on pedestals richly carved
and gilt lined the sides of the apartment. The seats for the
company were of crimson satin damask and gold.
Everything was in readiness, and waited only the appear.
ance of the Queen Dowager, who arrived at 20 minutes to
7 o'clock. The sacred rite then commenced, the archbishop
receiving the infant princess from the hands of the nurse,
and held her during the whole of • the ceremony. Whether
the ample and flowing robes of the archbishop deceived the
child, or whether the kind tenderness of manner of the ex-
cellent prelate prevented the infant from discovering any
difference, certain it is, that her royal highness reposed in the
arms of the spiritual head of the church with as much con-
tentment as though she ,had been in the arms of her own
nurse. At the appointed place the Queen Dowager named
the royal child—" Victoria, Adelaide, Mary, Louisa," and
she received the baptismal sign, and what is more, the ca-
resses of her illustrious godfathers and godmothers, without
even a whimper. Her royal highness was then handed over
to the care of her nurse, and retired to her own apartments.
The ceremony being concluded, the illustrious and noble
assembly proceeded to the banquet, which was laid out in the
Picture Gallery. The King of the Belgians led in the Queen,
Prince Albert the Queen Dowager, the Duke of Sussex the
Duchess of Gloucester, the Duke f Cambridge-the Duchess
of Kent, and Prince George of Cambridge the Duchess of
Sutherland.

The number of guests who sat down to dinner were 71,
and, with the exception of a few of the Foreign Ministers,
consisted only of the Prelates who performed the ceremony,
the Cabinet Ministers, the Great Officers of State, the Here-
ditary Great Officers of State, the Officers of Her Majesty's
Household, the Commanding Officers of the Regiment of
Household Cavalry on duty, the Queen's Suite, the Queen
Dowager's Suite, Prince Albert's Suite, and the attendants
on the Royal personages present at the ceremony. The only
exceptions to this list were the Duke of Wellington and
Prince Edward of Saxe Weimar ; the one, however, was a
proxy of a sponsor, and the other nephew to the Queen
Dowager. Her Majesty took her seat in the middle of the
table, and the only difference in her seat from any of the
others was a low ottoman for the feet.

There can s6arce be a greater contrast than the state ban-
quets given in the Picture-gallery at Buckingham Palace
and those that were given by George IV. and William IV.
in the Banqueting-room in St. James's, considering that the
same materials are employed ; for though it must be con-
' fessed from the vastness and grandeur of proportion of the
banqueting-room, a certain degree of magnificence was ob-
tained, yet from its peculiar and beautiful roof, the style of its
decoration, and, more than all, the pictorial treasures that
adorn its walls, there is a degree of elegance about the Pic-
ture-gallery, when fitted up for a state banquet, that renders
it one of the most beautiful sights that can well be witnessed.
On this occasion, the table was magnificently ornamented with
silver gilt plate, consisting of a plateau, with epergnes, cande-
labra, wine-coolers of the most exquisite designs and finished
workmanship, and of great variety. Many of them were the de-
signs of Flaxman, and the artificers in the precious metals have
succeeded admirably in many instances, in transferring all
the grace and beauty of the model of the sculptor into their
own more durable but intractable material. Some of the
wine-coolers were small copies of the Warwick vase, others
of Greek vases, having on them most beautifully executed
bas-reliefs. Herei might be seen a beautiful and graceful
group of bacchanals dancing round a palm tree ; there a
group of sturdy tritons labouring at the oar ; then a Venus
floating a'shell ; then a subject from the Greek mythology ;
and in all these the beauty of the design, and the skill of the
workmanship, are such, that the costliness of the material is
quite lost sight of. The table was lighted with 28 candelabra,
holding from four to six wax lights each. At each end of
the gallery an artificial screen was trected to shorten its
length, and on each of these were displayed, on a back ground
of crimson cloth, some of the choicest specimens of the royal
treasury—vases, censers, shields, salvers, cups, chalices, of
every size and of every description, from the squat massive
tankard of days of yore, when the sovereign might have re-
freshed himself on a hunting morning with a large draught
of a homely beverage, to some of the most elegant and grace-
ful cups of the purest crystal, in the most elaborate setting of
gold fillagree, and flashing, too, with diamonds and other
precious stones with which they were studded. Of cups,
vases, and tankards, ornamented with precious stones, there
were a great number. Some with amethysts, some with tur-
qoises, and diamonds, and sapphires, chrysophrai, and
emeralds; and some had small enamelled paintings let into
them of sacred subjects, having evidently been formerly em-
ployed in the services of the Church of Rome. The screens
on which these were displayed were lighted each with 22 can-
delabra, holdinc, from four to six wax lights each ; and when
to these are added three large chandeliers blazing away from
the roof, some idea maybe formed, of the brilliant appeurance
of this apartment. _

The service which the guests used at the banquet was of
silver, the ornamental pieces only being silver gilt.
In the middle of this table, and immediately before the
Queen, was the christening cake, of the most enormous di-
mensions ; round it was a wreath of flowers; on the top of it
a rock, surmounting which Neptune, driving his hippo-
campi' and in the car a flgure of Britannia, holding in her
arms the Infant Princess Royal, the whole being executed in
sugar, and being a very fair specituan of the confectioner's
skill.

Immediately after the dinner, Health and Happiness"
was drunk to the young Princess, and duly honoured.
In the evening there was a concert in the Grand Saloon by
her Majesty's private band.

The rejoicings in Liverpool on this most interesting, occa-
sion were very partial—the bells of the town rang merrily, and
colours were hoisted on the different public buildings, but no
illumination took place. Cannons were fired at the work-
house ; and, though a few individuals seemed anxious to
make a general festivity, their feelings were not largely par-
ticipated in, at least not to any practical result, The Town-
hall of Ilir4enhead was illuminated with gas,

SppTH AUSTRALIA.--The
COI4MERPIAL POSITION OF
difficulties which the failure of one or two rather large deal-
. ers occasioned in our community, turn out, as we said they
would, to be excessively over-rated, and to have produced no
general or material effect upon the progress of the colony, or
upon the legitimate operations of the settlers. The monetary
affairs of the province are rapidly improving, and indeed we
doubt that they have ever been in a sonndpr or healthier state
than at the present moment. We have the best authority for
stating, that in the banking establishments of Melaide, the
number of past dye bills is considerably under the average,
that the disounts are on a larger scale than heretofore, that
the circulation is increasing, and the stock of bullion larger
than it has been since the establishment of the colony. There
remains but one serious drawback to the commercial inte-
rests of the community, and that, we are glad to believe, will
soon be remedied—namely, a bankrupt and insolvent law.
There has already been great and unnecessary delay in a mat-
ters of such essential importance to commercial confidence
and security--arising, we are inclined to believe, far less from
a due sense of the importance and urgencS, of the subject,`
than from a desire to legislate upon it circumspectly and be-
ficially. time passes, and nothing is done : while the
fair trader and the honest man suffers, the rogue cheats his
.creditors and makes his harvest with impunity. Surely it
would be better at once to transplant the English law on the
subject than to Wait longer for a. modification of it precisely
Adapted to the circumstances of-the colony. We intreat his
excellency's attention to the matter forthwith.—Bombay
Times.