The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-12-20 00:00:00

COMMERCIAL 4.

VONETA.BY NEWS

MONDAY NIGHT

THE monotony of the week was suddenlybroken
in upon on Friday, by the announcement that the
Coalition had begun to split by the resignation of
LordPALmEasToN. The news had, however, so little
effect upon the Public Funds, that they experienced
a slight advance •; but the upward tendency was
checkerl - from tba -v^.+, of furfi

oy reports _ une East, .caner re-
verses to the Turkish forces, both on sea- and land.
Money has been in increased demand, whichis not
unusual at this period, when the financial-quarter,
drawing to a close, the -revenue payments become
larger. The returns of the Bank of 'England,
published in the London Gazette, on Friday, show
an increase in Bullion to the extent of 1248,727.
The other changes are an increase in the Public
Deposits of about two-and•a-half millions, while
the Private Deposits have increased about half a
million.

The reports from the Manufacturing districts
show a gradual but steady improvement In busi-
ness, though checked in some degree by the re-
ports of more active hostilities in the East. This
improvement is chiefly in the lower descriptions of
goods, and accounts for the rise in the inferior
qualities of Cotton in this market, while the finer
sorts are, comparatively, dull. The cessation of
labour, owing to the number of operatives out on
strike, and other mills working short time, must
have had considerable influence in lowering pro-
duction, and thereby easing the market of any
redundant supplies. In the Woollen districts trade
is also reviving, and prices have experienced a
corresponding advance, notwithstanding the more
abundant supplies of the raw material.
The recent large arrivals of Gold, not only from
Australia, but from America, with the advices of
still further shipments, and the accounts of new
discoveries brought by the last mail, have not been
without their influence upon our markets, and in
the tendency to restore that feeling of confidence
which is indispensable to commercial prosperity.
It will be remembered that when the intelligence
was first received of the discovery of enormous dis-
tricts of gold in our Australian Colonies, an
apprehension was gravely entertained that such an
influx of the circulating medium would seriously
derange our monetary transactions, and produce
evils, against which it would be .difficult, if not
impossible, to provide. We then stated that a
long time must elapse before any sensible impres-
sion would be created, inasmuch as the additional
demands for circulation would prevent any incon-
venient accumulation ; and the results as yet have
more than justified the correctness of our opinion.
Indeed, so far from having suffered from a plethora
of gold, the fear has been one of a totally opposite
character • and the stock of bullion in the Bank of
England ias since, with but few exceptions, been
gradually diminishing ; and a length of time must
still elapse, with continued receipts, before the
Bank coffers will be as full as they were before the
new supplies began to be received. In the mean-
' time, however, commercial affairs may be con-
sidered on a satisfactory basis, as there has been
no over speculation to lead to apprehensions of
any serious reverse, while the rise in prices of
most articles in general consumption has been
gradual, and subject to very slight fluctuations.
Our SHARE MARKET has been extremly quiet
all week, but very firm ; and although there has not
been an amount of business to cause much varia-
tion in prices, the tendency has been and is
decidedly towards improvement. In the settlement
just passed, stock has again been scarce, and there
has been a fair amount of real buying for the
account now current, the public appearing-quite
uninfluenced by the unsettled state of politics at
home and abroad. We annex this day's prices :--
Caledonians, 28+ ; Lancashire and Yorkshire, 68k;
Lancaster and Preston, 55p ; Ditto Three-fourths,
49p ; Ditto Twelfths, 91 ; Ditto £ll shares, llp ;
London Stock, 1031 4 ; Midland Stock, 644
Dover Stock, 19 3-16 d 3-15 ; York, Newcastle,
and Berwick, 161 ; Poltimore Copper and Gold
Mine, ; St. Helen's Railway and Canal 6 per
cent. pref., 126 Shrewsbury and Chester 8 per
' cent. pref., 16 • Royal Insurance, 1 15-16 p.
The return from the Bank of England for the
week ending the 10th of Dec. gives the following
results, when compared with the previous week :
Public deposits ... £10,027,166; 1ncrea5e£2,367,242
Other deposits ... 10,910,077; Decrease 570,085
Rest 3,181,817; Increase 6,191
On the other side of the account—

6ggimentzsgurities , Increase £1,42.1,091
_

Notes unemployed

7,575,175; Increase 374,385

The amount of notes in circulation is £21,045,460,
being a decrease of £160,340, and the stock of
bullion in both departments is £15,341,294,5h0wing
an increase of £248,727, when compared with the
preceding return.