The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-01-18 00:00:00

THE LIVERPOOL STANDARD, TUESDAY, JANUARY 18, 1853.

yiberpriat fanblltV.

TUESDAY MORNING, JAN. 18, 1853.

THE

WEEK

THE continued unsettled state of the weather—in
which rain seems to have predominated, with
barely the interval of a few hours' sunshine—has
imparted a dulness to general conversation, in
which complaints of discomfort and fears for the
next harvest find frequent vent. The wind has
several times veered to the westward, and a breeze
from the north has once or twice inspired hopes of
a change, to be soon disappointed ; so that the
weather-wise have given up their prophetic talent
in despair, and the mass have settled down into
calm endurance, philosophically deciding that it
cannot well be worse, and therefore that any change
must be for the better.
The dispute between the Town Council and the
Dock Committee as to the treatment of Messrs.
BAKER, and SON, with reference to their tender for
constructing the new Docks at Wapping, has led
to much comment out of doors, not always favour-
able
to the latter body. There is a strong opinion
that the Committee have not acted justly-, if even
legally, in availing themselves of a clause in their
advertisement which is generally understood to
bear a different signification, There seems also a
growing desire that the outlay of the large funds at
the disposal of the Dock Committee should have
the benefit of competition, a result which has not
been arrived at by the course which has been pur-
sued. At the meeting of the latter body, on
Thursday, they at first resolved to ignore altogether
the right of veto which had been exercised by the
Town Council ; but on second thoughts they
determined to suspend all further proceedings
until a special meeting of the Council had given
their decision upon the subject.
The long disputed Pike question seems likely
to form a subject of public discussion, and form
once more a fertile theme for municipal contention.
At the adjourned meeting of the Town Council, on
Wednesday, the Chairman of the Water Committee
said that, notwithstanding all the advantages which
had been enjoyed by their Engineer in the choice of
contractors, the position of affairs was far from
being satisfactory. The Engineer had been obliged
to preside as arbiter over the many disputes which
had arisen with the contractors, and though con-
fident hopes were expressed that he would arrive at
an equitable and satisfactory conclusion, the public
revive their old fears, and many think that the
scheme is also destined to prove a sinking fund in
which the corporate prosperity of Liverpool will
ultimately be engulphed. No one will dispute the
advantage and necessity of an ample supply of pure
water to the populous community of this important
town, but there is a dread of paying too dear for the
whistle, and recent circumstances have tended in
no degree to allay the apprehensions which have
been generally entertained.

On Thursday morning some excitement was
created hy the report that a sailor had been mur-
dered on board an American vessel lying in the
river. It appeared, however, that it was a drunken
quarrel between two sailors—an American and a
Spaniard—both of whom used their knives, and the
former fell a victim to the stabs of his antagonist.
The latter was taken into custody and ultimately
committed for manslaughter, having been prevented
from taking the law into his own hands by com-
mitting suicide. It is much to be lamented that
the cowardly practice of using murderous weapons
should have superseded the ancient mode of settling
violent disputes by the less dangerous appeal to
hard fists. In this case, however, neither of the
offenders was an Englishman.
The consecration of the new church at Fairfield,
on Friday, by the LORD BISHOP of the diocese,
drew together a goodly congregation, many of
whom came from a long distance, attracted, no
doubt, by the great beauty of the edifice and its in-
ternal decorations, of which we gave a lengthened
description last week. It is one of the pleasing
signs of the times, that the multiplication of dwell-
ings for our increasing population is accompanied
with the extension of church accommodation, Ano-
ther gratifying event of the week was the annual
meeting of the Liverpool Working Men's Church
Association, at which it was stated by the Rev. Dr.
BAYLEE, at whose suggestion the association had
been established, that a considerable income had
been raised by the working men of this town, for
the laudable purpose of providing the pastoral mi-
nistrations of the clergy. They had nobly responded
to the call, and the want was not so much in the
requisite funds, but in clergymen to undertake the
duty. The meeting was presided over by the Rev.
Rector CAMPBELL, and the Rev. Dr. M`NEILE
forcibly demonstrated the little that had been done
for Divine worship by the all-professing Radicals.
At the banquet given at Manchester to Mr. IN-
GERSOLL, the American Minister to this country,
Mr. BRIGHT, M.P., with his usual want of taste,
took the liberty of sneering at the graceful allusions
which the Earl of DERBY made at the Liverpool
dinner, to the House of Lords, an institution which,
in compliment to the guest of the day, had its re-
flex, he observed, in the American Senate. The
ill-conditioned Quaker was not, however, permitted
to pass without a rebuke from the Mayor of Liver-
pool, Mr. HOLME, who was also a guest, and who
entered into a manly and able justification of the
absent Earl. The American Minister must have
had an ample opportunity of comparing the society
of the two towns, and have quite convinced him-
self that in Manchester he had got into different
company.

The learned societies have resolved to celebrate
the centenary of the late Mr. WILLIAM RoscoE,
on the 9th of March next, and special committees
have been appointed to confer together on the sub-
ject, in order to give the affair due eclat. The high
position which Mr. ROSCOE'S name obtained in
the literary world will, no doubt, draw together
most of the present celebrities to do honour to his
world wide reputation.

THE ADVANTAGE OF BEING SWORN IN.—The
unexpected appearance of the Lord Lieutenant at
the Castle of Dublin, and his rapid departure, im-
mediately after being sworn into office, are ac-
counted for in this way :—lt was not convenient for
him to enter at once upon the duties of "the situa-
tion ;" but it was desirable to make sure of all the
privileges and emoluments thereto annexed. But
the pay only commences from the moment when
his Excellency, having kissed the book, puts on his
hat in the front of the Council Table. Dam
Vivimas vivamus. The time for serving his Sove-
reign in this office will, probably, be short. It is
not unwise, therefore, to make the most of it. Three
hundred and eighty-four pounds a week were worth
a tossing for a good wholesome forenoon in the
chops of the Channel.—Dublin Evening Mail.

LOUIS A
NAPOI:---'-*IEON ------"RomisH CANON.—A
piece of news has reached
Paris which will be con-
sidered by the ultra
new
who have given
their adhesion to the
emperor,il as a favourable
augury for the year 1853. Pope's Nuncio has
received notice that the canons
of the venerable
Church of St. John in the Lateranave
t
signed an
address praying Napoleon 111. (as nrha
the ancient Kings of France) to accepts b usual with
e title of
first canon of that cathedral, which hasobeen deno-
minated "the head avid the mother f Holy
Church !" The Church and State Gazette
says, more
" Louis Napoleon has become something
imperial. He is now a right reverend. The Church
of Rome has exhibited its respect for Divinity and
him a "Canon! " Well,
divine offices by making
he used to make plenty when he eked out existence
inl London by billard-playing; and the expert han-
dler
rof the governmental cue has, by the aid of
mock universal suffrage and the Church, managed
(in gambler's
to C . phrase) " cannon" society. We
ft.
may add here that this exemplary Christian re-
opened the old church
for public service. Genevieve on Sunday
church was founded by the
unclean Louis XV., as Thea
settlement with heaven for
certain sins. The Rvolution
but opened it as a Pantheon foruttilt up as a Church,
men. Of these, some who were e bodies of great
with gorgeous honours, one day, were dragged
there
nragged out
and cast into the common sewer the The
Bourbons restored the church ; Louis neat.
re-
stored the Pantheon; and now Louis Napoleon has more re-opened it as a place of worship.n
pinch of the dust, collected from the alleged relicsA
of the saint publicly burnt in the first revolution,
was preserved in one of the ecclesiasticaledifices
Paris. This was conve ye h
y to t e re-opened church
amid unheard-of pomp. Hundreds of priests
marched through the streets in procession, and
masses of troops did honour to them on the way.
The poor hit of dust was elevated in the church,
and saluted with clouds of incense, salvoes of artil-
lery, peals from the organ, violence of song from
the choristers, and with what a Chinese would call

," from all who at-
spectacle gratis."

a general "knocking of heads
tended the magnificent

THE RE-ELECTIONS.—The Roman Clerk of
the Ordnance, in the Omnibus Ministry, has been
returned for Limerick under the powerful auspices
of Father O'Rourke, P.P. ; the fact indicating suf-
ficiently the value of clerical denunciations of " the
traitors." Mr. Sidney Herbert, too, has been re-
commissioned by the electors of South Wilts to do
the work of the murderers of Madiai in a British
House of Commons. Mr. Charteris, one of the
small deer of the same herd, has been also elected
for Haddingtonshire ; and the Puseyite Chancellor
of the Exchequer is in a fair way of being similarly
dealt with in the University of Oxford.—Dublin
Evening Mail.

AN APPROPRIATE PRESENT FOR LOUIS NAPO-
LEON has been forwarded to that exemplary indi-
vidual from some of his admirers in Scotland. The
gift consists of a very ravenous eagle taken in
Strathglass. It is added that " a number of little
rabbits have been sent as food for the eagle during
the journey." This looks to us very much like
satire in action. The eagle, doubtless, represents
the imperial " loose man ;" and the rabbits are the
patient public whom he greedily devours.

THE STAFFORD-HOUSE ANTI-SLAVERY RE-
MONSTRANCE.—The Stafford-house address to the
ladies of the United States has provoked an effec-
tive reply, in the shape of an " Affectionate and
Christian Address of many Thousands of the Wo-
men of the United States of America to their Sis-
ters the Woman of England." If it is not quite
sufficient, it is because recriminations never can be
else than inconclusive. Our fair cousins across the
Atlantic, directed by certain masculine authorities,
probe the sores of our social system with scientific
fidelity, and declare the result with unsparing
plainness of speech. 'They point in triumphant
and rather shrill accents to the evils of Ireland, to
the universal ignorance of our lower classes, to the
unmerited poverty of our labourers and artisans,
to the terrible amount of irreligion, pauperism,
and immorality among us, and to the separation
between rich and poor, as evils that should shut
our mouths, and almost blind our eyes to the scan-
dals of our neighbours. For these dreadful parti-
culars they appeal, not to novels, but to grave
writers and parliamentary returns. Of course, they
conclude with an exhortation to our ladies to stir
heaven and earth for the mitigation and ultimate
cure of these evils. Such a document would be
valuable, even if it were not wholly candid and
true, simply because it is desirable that we should
sometimes see ourselves as others see us. But
there is a considerable amount of absolute truth in
the statements of our fair censors, and our own
countrywomen would do well to how to the rod for
a while, and study with patience the lesson they
have brought on themselves.—Times.

INVASION OF ENGLAND.—We learn, from a
reverend gentleman who last week had a long in-
terview with Changarnier, to whom he was intro-
duced by a mutual friend, that that distinguished
French general stated in the most positive terms,
in the course of conversation, that he can not only
pledge himself for the fact of Louis Napoleon's in-
tention to invade this country, but that we may
expect the Napoleonist purpose will be attempted
to be carried out in less than three months. Gen.
Changarnier further stated that he was acquainted
with all the plans of the Emperor, the latter having,
when President of the Republic, and when they
were on a friendly footing, often conversed with
him on the subject.—Morning Advertiser.

A PROTOTYPE OF THE ABERDEEN ADMINIS-
TRATION.—A passage in "Lady Mary Wortley
Montagu's Letters" is marvellously applicable to
the present state of our national affairs. Alluding
to the coalition ministry of that period, (1757,) she
says to her correspondent,—

" Your account of the changes in ministerial affairs does
not surprise me ; but nothing could he more astonishing
than their all coming in together. Tt puts me in mind of
a friend of mine, who had a large family of favourite ani-
mals, and, not knowing how to convey them to his
country house in separate equipages, he ordered a Dutch
mastiff, a cat and her kittens, a monkey, and a parrot, all
to be packed up together in one large hamper, and sent
by a waggon. One may easily guess how this set of com-
pany made their journey ; and I have never been able to
think of the present compound ministry without the idea
of barking, scratching, and screaming. 'Tis too ridicu-
lous a one, I own, for the gravity of their characters, and
still more for the situation the kingdom is in ; for, as
much as anyone may encourage the love of laughter, it is
impossible to be indifferent to the welfare of one's native
country."—(See Lord Wharncliffe's edition of " Lady
Montagu's Letters," vol. iii., p. 152.)
To the above observations, Lord Wharncliffe
subjoins the following note :
" This story has been versified by Lord Byron, (" Don
Juan, canto iii., stanza 18,) but without any reference to
the source whence he drew it. Lady Mary introduces it
with some point, to illustrate her notion of the good un-
derstanding which might be expected to exist among the
members of an administration composed of very discordant
materials ; Lord Byron, to describe the indifference and
cruelty of a corsair. His lines are these :

"A monkey, a Dutch mastiff, a mackaw,
Two parrots, with a Persian cat and kittens,
He chose from several animals he saw;
A terrier, too, which once had been a Briton's,
Who dying on the coast of Ithaca,
The peasants gave the poor dumb thing a pittance
These to secure in this strong blowing weather,
He caged in one large hamper all together."

THE BRITISH NOAH'S ARK; OR, THE EARL OF ABERDEEN
AND HIS "HAPPY FAMILY."
(Lines suggested by the foregoing History.)
A Ministry most wondrous to be seen,
Has lately started up to rule our nation !
A Presbyterian man, named Aberdeen,
Is the prime leader of the congregation.
Though he was once, in days of yore, a Tory,
He now with Whigs cloth lovingly unite ;
And with bewitching smiles (so goes the story)
Tries to win over Cobden, Muntz, and Bright.

In sooth, his Cabinet most comical
To England doth no lasting good portend,
For here each of the sects political
May find a patron and a zealous friend.
Gladstone and Molesworth, (0 how very droll I)
Osborne, the wily Peelites, and Lord John,
All meet in solemn conclave. cheek by jole !
A most amazing sight to gaze upon.
Papists and Presbyterians in one fold
Are penn'd with Churchmen low and Churchmen high,
With Puseyites and Nonconformists bold,
Who, when at large, each other do defy.
If such a motley band in peace abide,
And don't most fiercely fight, and 'scream and scratch.'
Then Aberdeen, their noble chief and guide,
Must be, throughout the earth, without a match 1

CAPITAL PUNISHMENT.—Those who are op-
posed to capital punishments being inflicted under
any circumstances, will not refuse, we hope, to be
enlightened by a circumstance in connection with
the murderer, Holier, who was executed on Monday
for cutting his wife's throat. He stated to the
chaplain of the prison that, when he committed the
crime, he thought the penalty for it was transpor-
tation; and that he never could have completed
the crime had he dreamed his own life would have
been taken ! He probably knew that, since 1343,
not less than thirteen individuals, sentenced to
death for most inhuman murders, had had their
sentences commuted to transportation.—Church
and State Gazette.—ln taking a similar view of
this subject the Morning Post says :—" It has
become almost a custom to commute to transpor-
tation the penalty affixed by the law to murder. Of
convictions at the Old Bailey alone, no fewer than
thirteen such commutations have taken place—they
are those of William Stolzer, October, 1843 ;
Edwin Dwyer, November, 1843 ; Mary Farley,
April, 1844; Augustus Dalmas, June, 1844; John
Smith, Aug., 1846 ; William Newton Allnut, Dec.,
1847; Mary Ann Hunt, Aug., 1847; Annette
Meyers, Feb., 1848; William Tomkins, May, 1848;
George M'Coy, Dec., 1849; S. A. Jordan, Oct.,
1849 ; Anne Merrett, April, 1850 ; and William
Smith, Nov., 1851.

DEATH OF FRANCESCO MADIAI.—Death has
has at last terminated the sufferings of M. Madiai,
and set a mark of infamy upon his persecutors
which no time will efface. We have seen in the
last few years many events to make us question the
progress of mankind, and even to doubt the secu-
rity of the noblest conquests of liberty, of know-
ledge, and of toleration. The progress of free go-
vernment has been brutally arrested by anarchy
and by despotism. The most cultivated and ener-
getic nations of Europe have shrunk into so servile
a condition that liberty is denied to every power of
society, except to the arrogant pretensions of spi-
ritual domination. But, in the long list of these
follies and crimes, we have read of nothing more
extraordinary than that a humble and inoffensive
Christian man should have been brought to a lin-
geringdeath, by the will of his Sovereign, because
he
e d
profess that evangelical faith which is
the sacred consolation and firm hope
_f the most
d
religious an—
ared to P
educated portion of Europe. We
know not with what feelings Leopold, Grand Duke
•
of Tuscany, received the e
finhtenlmligaennicaewtsh,abut his victim
victina
was beyond the control ?
hence-
forth the name of Madiai is indissolubly associated
bigotrysoeiated
with his own. It Ni as to satisfy his personal
and superstition that he allowed the course of jus-
tice to be turned aside, the source of clemency to
be sealed, and the remonstrances of Europe to be
repelled. The Church of Rome, acting through his
authority and mistress of his will, has shown her-
self as unrelenting as in the worst ages of her do-
minion ; and this Grand Duke stands last in the
detestable list of those rulers who have taken away
the lives of their subjects for conscience sake,—Times.

MANCHESTER MANNERS.—Manchester is the
centre, as we all know, of an enormous manufac-
turing industry. We rejoice to find this great
emporium following the example of Liverpool, in
doing honour to the new American Minister. Only
one thing Manchester lacks—her good manners are
of the scantiest. Manchester has not yet learnt
those little diplomatic arts which constitute the
charm and safeguard of society. Her sincere and
ardent politicians know no reserve, wander at will
over every subject, and spare nothing that militates
against their convictions or their interests. They
are too sincere to be polite, and too out-spoken to
be hospitable. When Mr. Ingersoll accepted their
invitation, he thought, no doubt, that he was about
to witness a repetition of the amenities of Liver-
pool, where, if any of the differences which separate
the institutions of the United States from those of
England were touched upon, it was onlyaeither to
compliment our guest at our own expense, or to
show how the two nations, starting from opposite
extremes, had contrived to found governments solid
in their wisdom and durable in their moderation.
Mr. Bright says that it was vain for the Manchester
men to think that they would "do" the American
Minister, but we cannot help suspecting that his
Excellency was considerably "done," nevertheless;
for, of all topics on which he could be prepared to
hear speeches made, the last which he could have
expected to listen to was an invidious reflection on
the policy of the Government which accredits him
to this country. It was a breach of good manners,
and nothing could be in worse taste.—The Times.

PANIC IN PARIS. A panic on the French
Bourse is causing great alarm in France. The funds
are declining rapidly, in spite of the superhuman
means applied by the government to keep them up.
The Marshal St. Arnaud is said to be unenviably
implicated in certain stock speculations, and his
name is offensive in the ears of his countrymen.
The real name, however, of this individual is Leroy.
He was formerly lieutenant in a regiment serving in
Algiers ; and they who recollect what took place
there may be excused for simply wondering for
what particular. merit Lieutenant Leroy was trans-
formed into Marshal St. Arnaud.

THE PEA CE AGITATORS.—A Conference of that
Quixotic body, " The Friends of International Ar-
bitration and Peace," is announced for the close of
this month, at Manchester. The list of statesmen
who have promised to contribute their mite to the
general stock of wisdom to be evolved at this meet-
ing- contains the illustrious names of George Had-
field, John Bright, Thomas Milner Gibson, R. Cob-
den, Charles Hindley, Edward Miall, J. B. Smith,
W. Ewart, Apsley Pellatt, James Kershaw, Joseph
Brotherton, James Bell, John M`Gregor, Joseph
Crook, W. P. Price, Samuel Carter, Frank Crossley,
and Lawrence Heyworth. We take it for granted
that Lord John Russell will not absent himself from
such a galaxy of talent, more particularly as it is the
intention of the Conference to lay down for the in-
struction of the Foreign Secretary what ought to be
" our natio*al policy at home and abroad, as it
affects questions of peace and war."—John Bull.

THE BISHOP OF MANCHESTER.—That singu-
lar ornament of our Church, Dr. PRINCE LEE,
has lost no time in giving in his formal adhesion
to the Earl of Aberdeen's new theory of " distinc-
tions without differences." The Manchester ban-
quet afforded an opportunity, of which the
Athanasius of latitudinarianism did not fail to
avail himself, for preaching up the new gospel of
the common brotherhood of all creeds, to a pro-
pitious audience. However upon other points
opinions may differ, none can deny that the Bishop
of Manchester had recourse to the most appropriate
method of laying the foundation of that new era in
religion of which he is the Apostle. To compose
religious differences by " drinking a toast " is a
proceeding manif,stly preferable to the antiquated
device of convening synods for dry discussion, and
to " extend the toast to its widest and most
Catholic limits," is a rule infinitely more palatable
than the old-fashioned "quod sewer, quod übique."
Add to this the exemplary humility with which Dr.
Lee "thanked the company for recognizing religion
and all its ministers," meaning thereby the minis-
ters of " all denominations," and he must indeed
be blind, and of a perverse mind, who shall fail to
recognize in the Bishop of Manchester a perfect
pattern of what a successor of the Apostles ought
to be.—John, Bull.

FOREIGN NEWS.

FRANCE.

Louis Napoleon has at last been made happy by re-
ceiving the usual tokens of recognition from the three
great continental powers, Only Russia avoids the cus-
tomary form, and changes the fraternal style for the more
distant salutation, " My dear friend," a polite affront so
galling to the punctilious mind of M. Drouyn de l'Huys,
that he resigned his place in the cabinet, and was hardly
persuaded to resume it. Austria and Prussia are less
haughty or less nice ; they leave the etiquette of legiti-
macy to be vindicated by the Czar, who so thoroughly
understands it, but show that they are substantially
agreed with him by waiting till his letters are delivered
before presenting theirs. .
_ _ _

An opinion gains ground that Louis Napoleon shows
symptoms just now of yielding to the fancied security and
fascination of his wonderful elevation, and of giving him-
self up to those luxurious, expensive, and somewhat peri.
lous enjoyments, for which he has always been said to
have so decided a taste. The luxe and forte of the last
expedition of the court to Compiegne, and the life which
it led there, produced a very decidedly unfavourable effect
even upon the masses ; and now another revel is said to
be projected on a yet more extended scale. The enormous
expenditure of the imperial household, and the costliness
of the style of living of ministers and officials, is already
becoming the object of much remark, and generating that
grudge which the lower orders in France are ever so ready
to entertain against those whom they see able to indulge
in such things. It is with a view, perhaps, of counteract.
ing such feelings, and proving himself still " one of the
people," that Louis Napoleon has shown himself much
and familiarly during the past week. He recently tra-
versed a large portion of the Boulevards, and frequented
parts of the town, driving himself in his usual phaeton,
and descended in propria persona into several shops to
make his purchases. The celebrated shop of Taher, dealer
in all sorts of fancy articles, in the Rue de la Pain, was thus
honoured ; as was also that of Marquis, the well-known
chocolate dealer of the Passage des Panoramas, in both of
which the imperial orders are said to have been given with a
profusion highly satisfactory to the respective proprietors.
He will be fortunate, however, if such condescensions are
able to counteract the spectacle of Uncle Jerome taking
possession of the Palais Royal, of Prince Murat at the
Elyge, of the Princess Mathilde at the Pavilion Marson
(the old apartments of Queen Amelie), and other strange
tricks of fortune. It is said that something like a defi.
nice refusal has been received from the court of Rome on
the subject of the Pope's visit to Paris, and certain
trifling circumstances which have since taken place are
said to be corroborative of that resolution.

The state of the Bourse has become alarming to the
imperial government, as well as to capitalists. The long
continued daily decline in the prices of the Rentes, so far
from having been checked by the extraordinary efforts of
the government supporters, or by the semi-official calls
in the Constitutionnet for confidence in the Emperor's
administration, has been followed by a fall in the value of
all the government securities far greater than any that
has taken place since the Emperor's return from Com-
piegne. Bank stock, railway and assurance shares, and
all other investments, partake of the fall, and transactions
for.cash are effected on almost any terms.

A line of steam-packets is about to be established be-
tween Nantes and Marseilles, to consist of four vessels of
1,000 tons, and a screw propeller of 90 horse-power. A
boat is to sail every ten days, and touch at Corunna,
Lisbon, Cadiz, Malaga, Barcelona, and Cette.
_

A hostile meeting took place on Tuesday between
Count Niewerkerque, director of the Museum, and Col.
Edgar Ney. The name of a lady is said to be mixed up
in the affair.

tion that he was being slowly poisoned—an old Popish
trick ; that his brain was becoming gradually softened, of
which there was no indication prior to his imprisonment;
and that, in all probability, his life would soon be sacri-
ficed, or, if liberated, he would be an idiot.

COMMERCIAL JNTELLIGENCE.
NEW YORK, JAN. 4.
MONEY MARKET.—Tho stock market opened with a
decided improvement in prices, but the same caution was
exhibited by operators as was manifested at the close of
last year, and less has been done in all stocks than was
generally expected. The demand for money was as great
yesterday as it has been at any period in the year 1852.
At seven per cent, there is at present a greater demand
than can be readily supplied. The prices of bankers' bills
on London, 60 days, is 10 per cent., and dull. The Ex-
change market is dull, and quotations tend downward
Leading drawers of sterling ask 91, but sell at 91. The
range is 9 to 91 for first-class signatures. Continental
Exchanges are also dull. The statistics of the United
States mint show that, during the past year, the golden
deposits amounted to 551,059,255, and the coinage to
~5'51,505,638. Over eighteen and a half millions of three
cent pieces were coined during the year, notwithstanding
which fact, change is a very scarce commodity in all sec-
tions of the country.
COTTON.— (From TV. P. Wright's Circular, of Jan.)—
Since my last circular of the 29th December, but little of
interest has transpired in the various cotton markets.
The holyday season and the delay in the arrival of the
European steamers have both contributed to limit trans-
actions, and have caused a more quiet week than during
the past three months.
The Pacific, with dates to the 15th December, arrived
on the Ist instant at noon, and advised an advance in the
Liverpool market of kd. on the middling qualities of
American cotton, with rather more buoyancy.
Yesterday, after this news became known, holders ad-
vanced their pretensions, and the market closed last even-
ing at a further advance of in. per lb., making lc. advance
since my quotations of 28th December. The total sales
since my last have been 3,500 bales, and the export during
the same time has been, to Liverpool, 3,460 bales; Lon-
don. 97 ; Glasgow, 81 : total, 3,638 bales.
The following are the reports by electric telegraph :
" New Orleans, tat January. Receipts for week, 37,000
bales. Market quiet, waiting Pacific's advices. Freights

to Liverpool, d. P.M. : Pacific's advices just at hand.
Middling Bc., with an active demand. Three ships taken
for Liverpool, at ild." " Mobile, Ist January. Receipts
for the week, 34,000 bales. Middling 81-c.. active demand."
A dispatch of same date, p.m., quotes middling at Sic.
" Freight to Liverpool, 9-16 d." The views of many
parties on the new crop are undergoing a change. We

;are no longer receiving the exagieraCed estimates of
3,300,000, 3,400,000 and even 3,500,000, so lately indulged
in at the south ; but, on the contrary, the latest mail
dates inform us that 3,100,000 bales is now the favourite
figure for crop in Mobile and New Orleans, and, judging
from the tenor of telegraphic messages received to-day, it
is quite likely a further reduction will soon be general.
Receipts during the past week have been 126,000 bales,
against 84,000 in the corresponding week last season. The
excess now reaches 445,000 bales ; next week they may
show a gain of 20,000 bales over the same week last year,
and the excess will lie increased to about 465,000 bales.
This, I fully expect, will be the maximum excess of the
season.

BREADSTUFFS.-The demand for flour has been mode-
rate throughout, and the result of some slight fluctuations
last week has been to establish a decline of 64-c. per
barrel. Western Canal is quoted SI 50c. to S 5 621 c. per
barrel ; Ohio and pure Genessee, 5 524 c. to SI 874 c. ;
common New York, &c., 5 374 c. to .B's 43ic. ; southern
kinds, S 5 621 e. to =56; Canada, in bond, =B's 75c. to 43'6.
Wheat is steady, at the following quotations :-Genessee
white, 130 e. to 137 c. per 601bs. ; Southern white, 126 c. to
133 c. ; Michigan and Ohio white, 130 c. to 132 c. ;
Western red and mixed, 116 c. to 125 c. ; Canada, in bond,
120 c. to 130 c. Indian corn met an active demand :-
Northern round yellow, new, 67c. to 68c. per 561bs. ;
Southern yellow, new, 68c. to 70c. per 561bs. ; white,
new, 68c. to 70c. per 561bs. ; mixed, old, 75c. to 78c. per
56 lbs.

PROVISTOINTS.-OM mess pork is firm at $l9, some
asking Sl9k ; new ditto, 5191 to $192 ; prime brings,
Sl6 Sl6 59c. for old and new. Beet is steady at £'6 to
£'6 121 e. for Vermont prime, .812 50c. to $l3 50c. for
mess, S 8 for No. 1, £l3 25c. to £l3 50c. for re-pccked
Chicago, and Sl4 25e. to 4 14 50c. for extra ; prime mess
Ohio Sl9 50c., and Chicago 522. Beef hams are firmer,
with sales at SIS for River and Chicago as they are, and
815 50c. for superior Wisconsin.
NAVAL STORES.-Spirits of turpentine is held at 62c.
to 63c., buyers offering lower rates. Rough turpentine
at Set 25c. Common rosin is inactive, at previous prices.
IRON.-The market generally is quiet but firm. Scotch
pig is held at £3l to 832. Last sales of English bars was
at 567.50 ; Swedes, £'82.50, and English sheet at 42c. six
months. The stock of English bars is 1,000 tons.
FREIGHTS.-Mere inquiry for freight for England, but
not many engagements. Asking rates:-To Liverpool:
tobacco, hlids., 355. ; cotton, square bales, Id per lb. ;
flour and meal, 3s. 6d. per barrel ; rosin, 3s. 6d. ; heavy
goods, 30s. to 355. per ton ; grain, in bulk, Ild. per bushel;
beef, ss. to 53. 6d. per tierce. To London : tobacco, 403.
Der hhd. ; flour, 3s. 6d. per barrel ; turpentine, 3s. 6d. per
2801bs. ; measurement goods, 275. 6d. to 30s. per ton ;
heavy goods, oil, &c., 30s. to 353.; cheese, 403. : beef,
ss. to 7s. per tierce ; oilcake, 4s. per barrel. To Havre ;
cotton, square bales, lc. per lb.

PHILADELPHIA, Jan. 3

The Pacific's news has caused much dulness to pervade
the flour and grain markets. Of flour, some 500 brls.
only were taken, at 5 dols. 50c. for eastern account, and
3,000 brls. for the City of Manchester, which will sail
hence oa Saturday next, for Liverpool, have been
engaged at this figure. All kinds of grain depressed.
Cotton market a little more active, but the stock is light
here, consequently holders have realized an advance of
fully ie. per lb. on the sale of 400 bales. Money more
freely offered, and rates have fallen a fraction.

CHARLESTON, DEC. 31.
The sales of cotton to-day were 1,500 bales, at Bc. to
9ic. The stock at this port is 25,000 tales. The re-
ceipts at all the southern ports up to this date have been
400,000 bales. The market is firm, at 91c.
HAVANA, DEC. 29.
- -

Business in sugars is small, and the stock insignificant.
Contracts have been made for new sugars at 41 for cucum-
chos, 5 to 51 for browns, 6 to 61 for yellows, and 8 to Si
for whites. The supplies of new molasses are scarce, at
3i to 31. The demand for vessels now is small, in con-
sequence of the limited amount of produce at market.
When the new crop arrives a scarcity of vessels and higher
freights are anticipated. Freights we quote, to Cowes,
Falmouth, and a market, £2 ; to Liverpool, £2 ss. Mo-
lasses, 50s. Sterling exchange on London, lli premium.