The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-03-16 00:00:00

GROWTH OF COTTON IN INDIA

The probability that for some years to come the atten-
tion of the American people, upon whom we are dependent
for the bulk of our supply of cotton, will be turned towards
the production of bread stuffs for the markets of Europe,
and the certainty that the possession of increased means
of buying those articles which they import from us will
enable them to put a screw upon us by holding back our
most important staple, has led some of our leading mer-
chants and manufreturers to ask, whether we have it not
within our power to obtain that supply by a proper deve-
lopment of the resources of our own colonies ? In parti-
cular, India has furnished a wide field for examination,
as capable of yielding us a supply abundant, at least, in
quantity, although hitherto acknowledged to be deficient
in quality ; and it has been sought to be ascertained
whether or not quality sufficient could be gained by the
adoption of better methods of culture, of picking, clean-
ing, &c., of seed, to enable East India cotton to take the
place of the ordinary sorts of American, and even of New
Orleans.

For some time, it is generally known, that experiments
ve been making under the superintendence of Dr.

White, an agent to•the company, as to the effect of the
adoption in India of the American system and seed. Model
farms have been established, and every enccuragement
held out to the native ryots to improve their production.
No great amount of success has as yet attended these
efforts, although the last few crops from India have been
noticed to be cleaner, and rather brighter in colour than
the ordinary Indian cotton of former years. The company
themselves have produced a few samples, which have been
highly lauded as to improved quality. Still it is feared
that little in proportion to the magnitude of our wants
can be effected until a general amelioration of the internal
condition of India, as to roadsr modes of conveyance to
the ports, and the means of the agriculturists to carry on
the culture, takes place. The roads at present are bad,
and the transit expensive, The Indian farmers are almost
universally poor; unprovided with the necessary imple-
ments and conveniencies for the culture, and kept down
in their efforts by the exactions to which they are con-
stantly submitted. It is in part this want of the neces-
sary capital and conveniencies, which is the cause of two
of the chief objections urged against their cotton, viz., its
admixture with particles of dirt, and its occasional rotten-
ness. The Ryots have no proper storehouses to protect
their crops when picked, until ready for market. Many
of them in consequence, bury it, by which its present im-
purities, and deficient colour and soundness are contracted.
From these, however, we have had abundant proof that
the article can be freed ; and a sample produced very ex-
cellent in appearance. We were favoured with an oppor-
tunity of inspecting some of this description in Manches-
ter. Improved, however, as it was,—in fact a totally
different article,—several good judges have pronounced it
still to be weak in staple and not calculated for the pur-
poses to which boweds are applied. Perhaps this defect
may be, in time, got rid of by choosing for cotton cultiva-
tion part of India, more closely resembling the in. climate
and location, as to humidity, the cotton-growing country
of the United States.

It seems little, if at all probable, that for years to come
we can calculate upon an Indian supply. In the mean-
time it would be wise to try the resources of some others
of our possessions hitherto undeveloped, or even attempted
to be developed, for our assistance in the emergency in
which we may shortly be placed.

COMMERCIAL AND FINANCIAL SUMMARY.
The market for the public securities has been heavy
during the week; and the tendency of prices has been
downwards. Consols were down on Saturday to 881 for
money, and 88k for the account, the closing prices were
88k tot for money, and 881 tot for account. Exchequer
Bills were done at 1 to 5 pm.
In the issue department of the Bank of England for the
week ending 6th instant, the notes in circulation had de-
creased £355,935, for which an unequal amount of gold
had been withdrawn. On the debit side of the banking
department our receipts had increased £52,792 ; the public
deposits £643,244. The private deposits had increased
£28,226. The total liabilities were £35,212,174.
On the credit side the Government securities were
unchanged, the other securities having increased to
£1,086,556. The notes had decreased £301,995, and the
gold and silver coin, £93,464. The bullion had decreased
from £12,044,934 to £11,595,535. The total paper in
circulation was, £20,126,005. The principal part of the
bullion exported has gone to the United. States.
The transactions in the cotton market yesterday will be
found under the usual head,

The following is the report of the cotton market from
the circular of Messrs. George Holt and Co., dated Liver-
pool, Friday :
" Nothing comes across our cotton market to cause any
change from its downward tendency, or exempt it from
the general depression with which we have been so long
surrounded. We have consequently passed another dull
week, the transactions having been limited to a mere re-
tailing of small quantities for immediate use, just to
prevent the mills from stopping altogether. In such a
state of things, the effect upon our market cannot be
otherwise than depressing. Accordingly we have to re-
port a further decline of id. to Id. on American descrip-
tions, applying in a stronger degree to the ' ordinary and
middling' qualities than the fair to good.' All kinds,
however, both long and short staple, have the same ten-
dency, with the single exception of Sea Islands. In Sea
Islands there is no change, or rather the little demand
which has existed has found the market so barely supplied
with that kind, that the fair quality and upwards have
almost an upward tendency. Beyond all question, the
crop of Sea Islands, strictly speaking, not including
Floridas, Mains, and Santees, is extremely small, pro-
bably not half an average."

Our corn market has-been dull throughout the week,
and prices declining. Speculation seems to be suspended
until the accounts from- the United States can be re-
ceived, which we are hourly expecting.

Of our manufacturing districts we can only say that
business is as bad as it can well be, and refer our readers
to a leader by which it will be seen that in Manchester
alone twenty-one mills are totally stopped, and twenty-
three working from three to, four days a week only. The
sufferings of the operative population are beginning to
excite serious alarm.

There has been a much greater demand for money this
week, and the terms charged by the discount houses are
higher. They have also raised the allowance for money
" on call" and " on deposit ;" in the former case to 31
per cent., and in the latter to 4 per cent. There can be
little doubt that the brokers, in taking these steps, have
been greatly influenced by the fact of railway companies
having both privately and publicly, offered large rates of
interest for loans of money. The more direct cause,
however, is the continuous rise in the price of grain at
home and on the continent, and its increasing consump-
tion, together with the export of gold to America. The
change which is likely to take place in monetary and
mercantile affairs from these causes has not yet induced
the bank directors to further raise the minimum rate of
discount charged by that establishment ; but it is generally
believed that they must resort to such a step shortly. It
was by many persons thought more than probable that we
should have had the anticipated notice posted last Thurs-
day ; and until the meeting in the bank parlour broke up,
there was much uneasiness, manifested in the city on the
subject. It is said that several members of the board are
strongly adverse to any change.
A general fast and humiliation having been appointed
to be held on the 24th instant, arrangements have been
made that bills due on that day will be presented on the
23rd, and treated in the same manner as bills falling due
on Sundays.
As soon as it was ascertained on Thursday afternoon
that no difference was to be made in the rate of interest
by the Bank of England, the markets became more cheer-
ful. Money was obtained without difficulty on good
security, and, upon the whole, stocks and shares left off
better than the day before. Corn bills are in great dis-
favour in the discount market,
The Share Market has been extremely dull, very large
orders to sell being in the hands of most of the brokers,
who were, however, generally unable to obtain the limits
placed upon them. The London and North-Western
Company have obtained all the money which they are
open to take at five per cent. The amount thus borrowed
rather exceeds £600,000. On Tuesday the Great Western
Railway Company advertised their wish to receive tenders
for loans in sums of not less than £lOOO, for a period of
five years at five per cent., or for a period of seven or ten
years at four and a half per cent. It is also said that
others of the established companies are now receiving loans
at five per cent. for five years.

INQUESTS ON SATURDAY.-011 view of the remains of
Robert Roberts, aged 24. On Thursday the deceased got
into the skip for the purpose of descending the shaft of
the New (North) Tunnel, in Bispham-street, when the
skip caught the table over the shaft, and precipitated him
to the bottom. He received a fracture of the pelvis of
which he died in a few minutes after. Verdict acciden-
tally killed.—On George Fleming, a seaman on board the
schooner Blair, aged 26. On Wednesday night the de-
ceased was in the act of coming on deck from the topsail
yard, when the main boom, from the action of the vessel.

ruck him on the back, and killed him instanta-
Verdict accidentally killed.—On Ellen Tomlin-
son, aged 5 years, residing in Upper Mann-street. A
fortnight last Wednesday, she was sitting on the fender
by the fire, when a spark flew on her clothes and set them

(a sea) s
neously.

on fire. She was severely burnt over the body and arms,
of which injury she died on the 11th instant. Verdict ac-
cidentally burnt.

The first of three annual horticultural exhibitions will
take place in the Botanic Gardens, in May next,
AMATEUR PERPORMANCE.-Highly creditable to a
body of our Licensed Victuallers, an amateur performance,
for the benefit of the distressed Scotch and Irish, was
given, on Monday evening last, at the Theatre Royal
Adelphi. The pieces seelcted
"were " A
Curo for t
the
e
Heart Ache," and " Rob Roy, in both of which
characters were so ably sustained, th t
a from first to last
they drew down thunders of applause, and not unmerited,
for there was not one individual who did not appear per-
fect in his part. We cannot, however, omit noticing a
' ---,eters. In the first place, Young Rapid

Lew of the charm,—
by Mr. Armstrong, was perfection—he wanted none of
that confidence so requisite for character, and so seldom
found in a non-professional. Mr. Sumners made an ad-
mirable country youth, perfectly unsophisticated, and
carrying to a laughable extremity his rustication. To the
second piece, " Rob Roy," we cannot do justice—Bailie
Nicol .1- arvie, (Mr. Hughes) was beyond description , and
Mrs. W. H. Pardy introduced into the part of Diana
Vernon, a feeling_ and truth of, character that at once

. -
won the favor of -the audience, while in her vocal efforts
she was not only excellent but displayed an operatic tact
that created loud applause, and called, even at an unsea-
sonably late hour, a vehement encore. Mr. Lindop
(and we hear he had but little time for study) played in a
style far beyond mediocrity, the charaetpr of 7?nh Ran_

•
Mr. Evans, as Francis Osbaldeston, did ample justice to
,the part, and wasloudly encored in his first song. We have
not space to enter further into particulars, but cannot
conclude without saying that we never saw an amateur
display better received.

March 10, 1847.

LATEST INTELLIGENCE.
(BY EXPRESS
LONDON CORN MARKET.-YESTERDAY.

The arrivals of English Wheat up to our market last week
were on a very moderate scale, while the receipts of all other
articles of home produce were scanty, especially those of Malt
and Peas. From Ireland and Scotland scarcely any grain came
to hand._ The imports of foreign Wheat were unusually small,

those of Barley and Oats tolerably good. Fresh up a fair aver-
age quantity of Wheat reached us from Kent, but that from
Essex, Cambridgeshire, Lincolnshire, &c., was rather limited.
On the whole, the display of samples—a portion of which came
to hand by land carriage—was seasonably good, and of full
average quality. The favourable change in the weather, toge-
ther with the unwillingness evinced by the French buyers to
give the asking prices, caused the demand for all descriptions
to be less active than was generally expected prior to the com-
mencement of business. Still, however, the trade must be con-
sidered firm, and, in some few instances, Is. per quarter more
money was paid for selected samples of red and white Wheat
of home growth
_; but this advance was not considered general.

c=,
The market clOsed firm, and we quote the prices Is. to 2s. per
quarter higher than on this day se'enight, but at which a total
clearance was not effected. There were about 500 quarters of
red disposed of for shipment to France at 80s. per quarter We
had . ._

I very scanty show of foreign Wheat. This article was in
good request, at an improvement in the rates obtained on this
day se'nnight of from 2s. to 3s. per quarter. The total sales-
-4000 quarters being for France—were about 7500 quarters,
mostly red.

The quantity of Barley was a full average, including the
foreign arrivals ; yet the Barley trade was arm, and last week's
quotations were supported in every instance. Notwithstand-
ing the show of Malt was small, the sale for that article was
very dull, and prices had a downward tendency, particularly
those of the secondary qualities. With English Oats we
were scantily supplied, but the quantity of foreign was fair,
though by no means good in quality. A large business was
doing at 6d. to Is. per quarter above last Monday's` prices.
The sale for Beans was slow, at barely late rates. Maple
Peas, for seed, sold as high as 60s. per quarter. Ia other Peas
very little was doing. The Flour trade was firm, at extreme
currencies. Indian Corn was very dull, and 3s. to ss. per
quarter lower.
SMITHFIELD CATTLE MARKET.—YESTERDAY.

The primest Scots, Devons, Runts, and Herefords were in
fair request at prices about equal to those paid on Monday last,
the quotations for the former kind ranging from 4s. to 4s. 2d.
per 81b., but the middling and inferior kinds of beef ruled'dull,
and, to effect sales, a slight abatement was submitted to by the
salesmen.

With Sheep we were, on a comparison with some former sea-
sons, scantily supplied, but the quality was very good. On the'
whole, the Mutton trade was steady, at fully, but at nothing.
quotable beyond, last week's prices.
There were a few Dorset Lambs in the market; but the sale'
for them was very heavy, at low prices.
Although the supply of Calves was small, the Veal trade was
in a very inactive state, at about stationary prices.
Prime small Porkers moved off steadily; other qualities of
Pork slowly, at unaltered quotations.
MONEY MARKET.—YESTERDAY.
There is no improvement in the price of public securities
this morning. A short time after the opening, Consols were
done at 88# for account, but the market soon manifested symp-
toms of weakness, and the price- fell to 88k. For money they
have been done at 881, but last at 87i. The scrip of the
loan has been done at 1 and 1} discount. Exchequer-bills
remain at 4 prem. to nar.

We observe that the Rev. Chancellor Raikes will preach
two sermons, in St. Clement's Church, on Sunday,
for the schools attached to the Church.

BURGLARY.—The premises of J. Dnranda and Co.,
bullion dealer, Waterloo-road, were entered on Saturday
or Sunday evening, and between seven and eight pounds
in silver, and a quantity of worthless American notes
were stolen therefrom. The most singular occurrence
was, that in the hurry of business on Saturday evening,
the silver was, by neglect, left in the drawer, a circum
stance that never before occurred. This is the second
time, within the last month, that the office has been
entered.

THEATRE ROYAL, WILLIAMSON-SQUARE.—After the
liberality of the manager of this establishment, in pro-
viding for us the treat afforded to our playgoers, we were
little prepared for the engagement, in this, the height of
the season, of the Misses Cushman. Last night, Miss
Cushman made her first appearance; in this town, in
The Wife, a Tale of Mantua," with triumphant success,
although we regret to say she was not complimented
by a full house. Her sister sustained the character of
Widow Cheerl g, in the " " Soldier's Daughter," with
Teat spirit. To-morrow, Romeo and Juliet" will be
performed, and, on Wednesday, the masterpiece of Miss
Cushman—her personification of Meg Merrilie& in the
opera of " Guy Mannering,"—will, we doubt not, draw
a full house.

LOSS OF AN EMIGRANT SHIP.—ONE HUNDRED
AND SIXTY PERSONS DROWNED.—OD Saturday, intel-
ligence was received in the City, announcing the loss of
an emigrant ship belonging to Hamburgh, in the Gulf
Stream, while on her passage to Canada, by which up-
wards f 160 emigrants, with a portion of the crew, pe-
rished.. The vessel is reported to be the barque Stephanr,
Captain Bruger, master, which sailed from the port of
Hamburgh on the 28th of October last. The calamity is
stated to have occurred during the heavy gales on the
18th of December. The master and four of the crew are
reported to have been picked up in an open boat, by a
schooner from New Orleans. Further accounts are anx-
iously looked for by the agents in London and Hamburgh.
UTILITY OF THE MULE.—The latest advices from the
Cape report that the commissariat is said to be now in a
most efficient state on the frontier. The mules and
horses, but especially the mules, sent from the Cape
Town end of the colony, have been of signal service, not
only for draught and carriage, but for offensive operations
in the field. This animal, the mule, it seems, was un-
waggons, one of the mmuloeusth_ofanthde
known• to the Caffres, and upon one occasion, when Et
strong body of them were rushing down upon a train of
of
instinct, opened his
sound which the poet Cowper s pp°,
uttered that tyhaatecipdeecnuli:
the punishments of wicked souls'irthe „--;,ty form
enemy turned and fled as if 500 lions
world.eat their
heels. This service has not yet been ackn.Zriged. in
anv official despatch, but it rests on a pretty broad bottom
of private intelligence.

ALARMING CONFLAGRATION AT BATTERSEA.-011
Sunday morning about one o'clock, an alarming fire broke
out about a quarter of a mile beyond the terminus of the
South-Western Railway, upon the Kyanizing premises of
Mr. Bethell. The first alarm was given ty an explosion
which awoke the whole neighbourhood. From some
incomprehensible cause, the engines which- arrived first
on the spot refused to play, alleging that the water was
too low, and they were driven back to their stations.
Three others, however, were at length got to work ; and
after destroying an extensive mill adjacent, some lime
works, a large quantity of combustible materials stored
upon two extensive ranges of wharfs, and some barges
which were aground close to, the flames were got under
about 5 o'clock. The neighbourhood being composed
principally. of wooden erections, used for manufacturing
purposes, it is fortunate that such a result was achieved.
The loss is thought will be very considerable. The
sky was illuminated over the whole of the western
part of the metropolis, whilst the opposite side of the
river, along Millbank and Cheyne-walk, Chelsea, and.
Vauxhall and Battersea Bridges, were crowded by spec-
tators. The river, too, was thronged with boats filled
with spectators ; and such had been the arrival of com-
pany, that by three o'clock there was a double row of
cabs reaching for upwards of a quarter of a mile along
Battersea Fields. A. singular spectacle was presented by
the flocks of skylarks—for which Battersea is celebrated—
which hovered for hours over the fire.

FASHI OL
ONUANBGLE E , 7cLSATyTAUORNA.sNQT
jAaRnEd. SUPPER
Those who have not yet visited the ORIENTAL DIVAN.
should not omit an opportunity; for the arrangements not owl
surpass those of every similar Hotel, but the viands are of tile
choicest kinds. An excellent Steak, cut in the London sty 1e
charged 9d., and it may be finished with a half-pint of snlenw,
Amontillado Sherry, or fine-flavoured Port, for One sbillio!;
The Oriental has been flattered by the following notices fro'—
our local Press:—

The elegance with which it is fitted, the promptitude and
neatness with which everything is served up, render it the
most fashionable restaurant.—Standard.
The Restaurant, Clayton-square.—We have no doubt the pro-
mises which Feeny makes to the ear he will, unlike Macbeth 's
witches, keep both to the ear and the hope.—Mercury.
The dinners and suppers cannot be excelled for variety, or
lowness of charges.—Albion.
It consolidates
pnribicliidaLesarl.tabiereputation of the proprietor as a caterer
for the
Suitable to all classes; the wine is undeniable.—Times.
BILL OF FARE AT THE FASHIONABLE
RESTAURANT,

For TILTS DAY, the 16th, and TO-MORROW. the 17th init.
THIS DAY.
Sours.—Mock Turtle, Hare, Mutton Broth, and Gravy.
FlSH.—Soles, Codfish, and Whiting.
-Saddle of Mutton, Pigeon Pie, Veal and Ham,
Roast Pork.
-Boiled Beef, Roast Lamb, Rump Steak Pud-
ding.
—Boiled Fowl and Ham, Shoulder of Mutton.
—Roast Beef.
-Boiled Rabbit and Bacon.
Rabbit Pie.
Tarts and Puddings.
TO-MORROW
—Mutton Broth, Gray nd Mock Turtle.
Ft su.—Haddock, So , and Codfish.
—Roast Turkey, ed Beef. Haunch of Mut-
ton

One o'clock

Three o'clock
Four o'clock.
Five o'clock.-
Six o'clock.—

One o'clock

-Rabbit Pie, ast Beef.
—Roast Por , Calves' Head and Bacon
—Reef St ie, Veal and Ham.
-Roast L of Pork.
Pigeon e.
Pudd. gs, Tarts, and Pancakes.

Firc o'clock
Six o'clock.

Half-pint of Finelm,_ oniilladogheWy:;7l;ll:flavoured Port,
; Pint, 28.: Quart A-

Cup ofieoffee, 4d. ; 'with Toast or Muffin, 6d.
Plain Tea or Coffee, Is.
Ladies telll.find the Restaurant a most respectable House to
call at for Refreshment.
London Oysters received daily, 7s. 6d. per barrel, or is. 6d.
per score. The following are the opinions of the Press:—

CELEBRITY OF THE LONDON OYSTERS.
The acknowledged superiority of the London Oysters, and
the difficulty of obtaining them regularly even in this great
commercial town, has indueed the Proprietor to arrange with,
one of the first Fishmongers of Billingsgate, from whom be
daily receives AN ABUNDANT SUPPLY OF THE NATIVES; but
as all the Liverpool journals have eulogised them, Mr. F. sub-
mits their recommendation rather than his own.
" A dish of the finest Oysters we ever remember to have seen
or tasted ; we can honestly recommend them."—Mercury.
" We cansafely vouch for their fine condition and excellent

"—Standard.
re recommend our friends to pay the Divan a visit and
of the Oykers by their size, freshness, and deliciou's
'—Journal

"Our brethern of the press, however they may be divided in
.heir opinion on other subjects, give their testimon) uns;,
nimously in favour of Mr.Feeny's excellent London 0 testers•
—Albion.
"The lovers of this fine shell-fish can now procure it of
splendid
_quality at the Oriental Divan, Clayton-square."--

LIVERPOOL CATTLE MARKET, MARCH 15.
The supply of stock at our market to-day has been smalle`
than of late, the whole of which was sold, or nearly so, at t:
advance in price from our last statement. Beef, 6d. to 60. Pe

LIVERPOOL :
TUESDAY, MARCH 16, 1847.
PRINTED AND PUBLISHED
EVERY TUESDAY MORNING'
By JOSHUA FLETCHER LACE, of 53 Grove street, Ana
LEONARD ADDISON, of 14, Crest Orford-street.
At No. 4, ST. USOSCiII'S CRESCENT, LIVERPOOL. /

NEW

Lessee an

FoR
THIS
a co

/tr. IN
bf this
the celebr',

kteteTila4

Juliana,

,„The Box
open.
°S, Casa
,_.6Ponding n
'nee, 2s.
all the Eve

CONC'
RENR
Span
Gambler's.
Chair—Nei
VOCAL E
instant.
Mr. RIP
not yet pre:
from Serjell
The Emigr
BYronis
teppa—The
Becalmed—
brated desi
Revelier-3
Bo
at Ei .„
~Old
—"lArni 64
'
g t

CONci
TWO 4
%sta:IONI

Prom the

NAthilission
To cool

ACONCE
l 0 N

bratedZierri7

4‘'kno \-I(.‘
Vor t.lll‘ll'Pe'e
:14111 order t
N44.icatll
h -3' the e' h
Orlellie?'stf.!
18. ;
Etirther
kets to
o I

b4ll. CL
Al PORT
hsg ,Theo.F
then Colour

;tct, seirl
likes
ttiertinoll
``lelal'het'osi
tnea,ll Mr. ci
418,2, face,
hvi 8,
Itith"`ed this
„!he
c,ht.
-i;N_Eraad..7"

"7Art

217,1P1N
rtat,
p'4l4 erinpr:
te:fflll)ZtOYfOTncill
Ito, Mains t
tbov: A Two

NOT AN

1111IRKEN
lIIRKE

144trERA„

Pub'
PTH
ot has -1
t 4., COUSet
iht;.-er Mon
blded to
',Aft 4./Zuv
Pterent
*4 Dot.
any -n o
len]
110,Tritt,i

krk
enhead
01:1 and
k,:l filth insti
Pt:11814t1
0...;ht
7"0
.4, O'clo
Po ° O'clo ck
on Ilr o'clock
44E1 utile 24th
echn nAY
tv,,!l'encirk,,
16. rties visit*
Low.wat

\arch 18

gllti;,Yal A(

~~e aty and C
hu~z.

oOr , EN(
(b. ter„,_

ko j
k RIO:

,k)titkaA4)
tk 410
JD- OfORF
..