The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-05-22 00:00:00

rIIE LIVERPOOL STANDARD.

tniperiat

HOUSE OF COMAioNS.—WED'NEsDAY

On the motion of Mr. H. STEumfr, it was ordered that the
house, at its rising, do adjourn until Friday.
Mr. P. Tuoinsort hoped the hon. member for Dudley would
withdraw the bill he had on the orders for coininittal With re-
spect to the protection of British manufactures. (He (Mr. P.
Thomson) had paid great attention to it, and had prepared
clauses which would meet the concurrence of that hun. member,
and those who were interested in the bill.

Mr. HA wxEs, on the pledge of that right hon. gentleman
that he would himself introduce the substituted bill with the
clause alluded to, withdrew the bill.
The house then went into committee on the small debts
(Scotland) bill.
On clause 2 being moved, which raises the jurisdiction of the
justices of the peace to debts of the amount of £8 68.8 d.
The LORD ADVOCATE objected to so high an amount. He
moved, as an amendment, that £5 be the limit of theirjurfs-
diction.

Sir W. RAwE supported the clause.
Mr. F. Ms ut.E, Mr. WALLACE, and Mr. GILLON, concurred
in the amendment.

The committee divided—for the clause, 60; against it, 40;
majority, 20.
The other clauses were then agreed to, after one or two
amendments had been negatived, and the bill reported to the
house, and ordered to be taken into further consideration that
day week.
The other orders of the day were then disposed of, and the
house adjourned at seven, to Friday.

lingeling existence. The Semiramis had not arrived at Bo m
bay. Captain bt•Cillivray, the Mint engineer, had died. On
account ot illness. Mr. Shakespeare would resign seat at the
Serampore Board. and would be succeeded by Mr. Wilherfoice
Bird. The Earl and Countess of Cardigan had thrown in, their
passage i❑ the Repulse, in order to go to England overland, to
be in time for her Majesty's coronation. There was no improve-
ment in the price of opium at Canton, on the 27th of January,
the tendency being downwards; and with regard to cotton, both
Bengal and Bombay were very depressed. Her Majesty's 63d
Regiment hdd been ordered over to Moulinien, and four native
corps were to hold themselves in readiness to embark from
Madras for Rangoon at a moment's warning: this looks very
much like war with Burtnah."Fhe English mail of Decem-
ber (and early in January via France) reached Canton on the
6th March. A public meeting had been held at Colombo, Cey-
lon, to advance the steam communication. Captain Campbell
had, on the 25th of February, rescued no less than 103 children,
who had been intended fot sacrifice by the barbarity of the
Goomsur country. A grand entertainment was given at Mad-
ras, by Lord Elphinstoue, to the Prince of Orange on the 12th
of March—his highness embarked on the 13th in the Benone,
on his return to Europe. Captain 'R. B. Hill, of her Majesty's
41st, has been cashiered by sentence of a court martial."

COMMERCIAL INTELLIGENCE.

(From the Sunday Times.)

CITY, SATURDAY.—The anticipation of a resumption of spe-
cie payments by the banks in the States of New York has cer-
tainly inspired confidence among those of our merchants who
are interested in the trade with the United States. It is not in
our power, however, to communicate any extension of mercan-
tile transactions of a character to warrant the belief that " the
tide has turned" in favour of a better state of things. The
Chancellor of the Exchequer may, therefore, make up his mind,
that not only will he have to provide for the loss of revenue by
the stagnation of trade in the past financial year, but to have in
hand a good surplus, ready to meet thc deficiencies which must
occur, until the close of the current year.
By the advices received from New York to the 22d, we learn
that the specie payments by the banks of the State and City of
New York were fixed to take place on the 10th inst., notwith-
standing the recommendation of the General Convention that
that step should not be adopted until the Ist of January next.
It is understood, however, that the United States Bank will not
follow this example, as by the letter of Mr. Biddle, to which re-
ference was Made in a former report, that gentleman conceives
it impolitic to do so, lest it should again heroine necessary to
suspend. It is not by any means certain that the banks, the
managers of which have, in order to protect their chatter, de-
cided upon resuming cash payments, will be able to stand any
very lung draw upon them for the precious metals. The aggre-
gate returns of all the banks of the City and State of New York,
made up to the Ist of last month, show that the circulation and
discounts were 10,957,600 dollars, the loans and discounts
b 1,734,790 dollars, and the amount of specie held by all the esta-
blishments was under 4,850,000 dollars. From the great influx
of specie into America, it was, however, very probable, that by
the 10th May, the stocks of specie would be increased to
5,000,000 or 5,500,000 dollars, and if it was intended to pay off
notes only iu gold or silver, the bank would accomplish the ob-
ject in view at least for some time. But it would be impossible
for them to afford any accommodation in the way of discounts,
and instead, as Mr. Biddle has stated in his letter, of any advan-
tage accruing to trade by the partial return to cash payments,
a contrary effect would be produced, alike injurious to these
establishments, as well us to the general commercial interests
of America, and to those of this country. In the mean time,
however, the planters, and those who have made advances upon
produce in the United States, were rapidly increasing the " in-
debtedness" (to use a Jonathanism) of this country by extensive
consignments of produce. By the returns received to the '2oth
ultimo, we find that the quantity of cotton exported from the
United States up to that date, was 915,000 bales, against 720,690
bales in 1837, and exceeding the shipments in the same period
of 1836 by not less than 295,000 bales.
The variations in the priceS of the English Securities have
scarcely amounted to 1: per cent. this week. Business only to a
small amount has been transacted, capitalists having been
desirous or learning the contents of the Budget before they en-
gaged in any considerable business. The supply of money has
been less plentiful thiS week, and the premium on Exchequer
Bills has in consequence rater fallen, viz. from 80 to 79. In
Consols both for Money and Account, the prices have fluctuated
since this day week to between 94 and 945 N, and yesterday,
business was done at 94 buyers. For the new Account the mar-
ket value of Consols was 5 per cent. better. As the transfer
hooks will be closed shortly previous to the payment of the divi-
dends. an increased business may be lactked for nekt Week in
the Money Stock. The price of the Reduced Three-and-a
Half per Cents has fallen irons 931 to '93, and of the New
Three-and a-Half per Cents from 102 X to 1025. East India
Stock has been fiat at a fall from 2711 to 2704, and Bank of
England Stock has declined froth '2051 to 2041. The premium
upon India Bonds was yesterday 77, after having reached 83-4.
Since the settlement of the Account, which took plaCeon
Tuesday last, speculation has been p.rincipally confined to
Spanish and Portuguese Bonds. The rise in the former Stock
has been equal to 21 per cent., and in the former to about 21
per cent. There is no intelligence of any interest from Lisbon
to account for the improvement in the latter Stock; but the
condition of the Carlists in the north of Spain being very de-
plorable, it is not surptising that those sustaining the Queen's
cause here should have deeply speculated in the Stock of that
country for an advance its prices. The old Bonds have reached
221, and left off firmly yesterday at about that value. Portu-
guese Five per Cents. reached 38 ou Wednesday, and the Three
per Ceuta 26, but both were sold yesterday )4 to 1 per cent.
cheaper. The revolt in Bahia having been put down, Brazilian
Stock has advanced upwards of 3% per cent.; the highest price
obtained has been 79%. Dutch Stock is about 1 per cent.
higher than last week; the Two-and-a-Half per Cents. have
been sold at 541, and the Five per Cents. at 10018. The Re-
publican Stocks are also higher. Mexican have reached 29;
Colombian, 28% ; and Chilian, 30% 31.
The tone of the market for Asphalte Shares is decidedly dull.
A new company, under Mr. Cassell's patent, is announced, but
unless we mistake not, his plan was tried at Kennington-coin-
Mon, and wholly failed. The road was paved under his direc-
tion, in 1836, not a vestige of which now remains, except on the
foot-path, and that is in a most miserable state. Other com-
panies are talked of. The price of Claridge's patent has been
reduced to 11 or 9 pin.; of the Liverpool to '2l to 1 pm.; and of
the United States to 3or 1 pm. '1 he report of the mission of
Ritmnpn inempany (Mr. M. A.
Goldsmid and Mr. J. Russell), to Paris, to conclude contracts
with the proprietors of the Bastenne and Gaujac mines, has
been piloted, and it is favourable to the interests of the share-
holders. These shares have advanced from par to 21 or 1 pm.
The Poloncean Shares have been in rather better request, at
at from 21 to 21, or Ito 1 pin. The other Shares of this des-
cription have been all sold at depreciated prices.
For Railway Shares the demand has been trifling. The
London and Birmingham have been sold at 167 and 170, or
77 to 80 pm.; the North Midland at 41 or 6 pin ; the Man-
chester and Leeds at 351 or 15 1 pm.; the London and Brigh-
ton at 77 or 1 dis,; the Southampton at 431 or 61 dis.; the
Blackwall at 6or 1 pm. ; and the Birmingham and Derby at
71 or 22 dis. Severa of the Shares just enumerated left off
rather better yesterday afternoon. Bank Shares are looking
more firm. The British North American have reached 24 or 4
pin., and the West India Bank 28 or 3 premium.
HALF-PAST TwEr.vE.—We have accounts from Buenos
Ayres this morning, which state that the demoralization of
Riberas' forces was complete, and that he had been obliged to
retreat precipitately to the other side of the Rio Negro. The
Exchange on England was at 6d, to 611. Stock 5758.
By advices from Paris we learn that hopes were entertained
of a final termination being put to the civil war in Spain by
next autumn.

A comnannication from Vittoria, of the sth of May, states
that, during the late troubles at Estella, a person of high rank
had been assinated, and that Don Carlos had been compelled
to leave in haste for Durango.
The Stock market has not been much influenced by the
Chancellor's statement of the budget last night. Consols for
Account, realize and for money the same. Exchequer Bills
are at 69, and India Bonds at 79 premium The New Thre-
and-a-Half per Cents are worth 102%.
In the Foreign Market, Spanish stock is quoted a shade
lower. Portuguese New Bonds at 37i, Brazil at 79k, and
Dutch Two-and-a-Half per Cents at 5,11.
Shares are up to this hour at about the closing prices of yes-
terday evening. The market for Railway Shares is heavy.

A firm in Spitalfields has received orders to make her Majes-
ty's coronation dress.
POST-01, FICE ABUSES.—The town of Wisbech pays three
thousand pounds per annum for postage of letters! It appears
that the actual cost to the government of the country in convey-
ing those letters to the various places where they are received
is about fifty pounds; so that there is fifty pounds for carrying
the letters, and twenty-nine hundred and fifty pounds for tax !
Talk of taxes on knowledge. Is not this tax on knowledge, and
one of the most injurious in its effects? It is not, certainly, a
tax upon thinking, hilt it is a tax upon thought. No one shall
cothrhunicate his thoughts to his friend at a distance without in-
curring a tax of six hundred per cent. Well may the people
be semi-barbarous, when such regulations exist.—,Star in the
East.

ARTIFICIAL. RUBIES!—Dr. Ellet, professor of chemistry in
the South Carolina college, has been very successful in pro-
ducing artificial rubies and emeralds, so that Charlston is likely
to rival the famous city of El Dorada; as described with such
maghificence in Voltair's Candide. This Aladdin like professor
accomplished hit task by means of pure alumine acted on by the
compound blow pipe, with crome as the colouring matter. Per-
fect:rubies were produced by professor Ellet, which easily
scratched an agate seal. The basis was pure alumine, and the
colouring matter lichromat of potash. If the specimen be taken
as soon as used, it is a ruby,—if the heat be continued the
chromic acid is converted into oxyde of chrome, and au eme-
rald is the result ! —New York Herald.

It is confidently reported in the city that the preliminary
steps to rebuilding the Royal Exchange have been taken. For
some time parties have been making outside surveys of the
buildings in the immediate neighbourhood of the site of the
late Royal Exchange, and it is said that the Mercers' Company
are to advance £150,000 for the building; and government
£200,000 for the approaches. The buildings to be taken down
to the west ward will include the site of the Bank Coffee House,
in Bank-buildings, Sweeting's Rents, and all the buildings
eastward, including the west side of Freeman's-court, in Corn-
hill, and Threadneedie-sheet, opposite the North and South
American Coffee House, leaving the church and churchyard of
St. Bennett's Fiuk, which is to be enclosed with an open rail-
ing.

CURING MEAT.—Meat should hang a few days, instead of
being salted as soon as it comes from the market, though in
vet y hot weather it may be necessary to salt it as soon as pos-
sible; begin by wiping dry, taking out the kernels and pipes,
and filling the holes with salt. Beef and pork, after being
examined and wiped, should be sprinkled, and then hung to
drain a few hours, before they are rubbed with salt. Rub in
half the quantity of salt evenly, and, after a day or two, the
remainder. Turn the meat every day, keep it covered with the
pickle, and if wanted soon rub it daily. The brine, if boiled up,
skimmed. and used cold,. will serve for more than one parcel of
meat. Flat ribs and brisket of beef should be jointed to let in
the salt, which should be well rubbed into each piece. In
frosty weather. warm the salt. Unless the meat be fresh it canci
not be kept by salting; neither will salt recover stall tainted
meat.
SmoElNG6—TttaYellers in America, Germany, ard othery
foreign countries, make so perpetual an outcry to their pages
about about the horrors of tolacco, that you w"ld ILag„lisc3A i;o-day
terly unknown at home; but half the people
Lieral), a
to
were flagrant smokers, and, as that setheeinis„„,e,,tile
pipe prefaceto the to
drinking, it is deplorable that. Runt aris-
tocratic
cigar, our whole island brill soon besmoked like a West-
phalia
ham. So great a waste or health and. money among the
poorer classes should be discouraged, both by precept and ex-
ample,or tile custom will soon Cie universally prevalent. In
fil
nd, at public dinners, if any gentleman be particularly
wante(, the waiter enters with a pair of bellows, and blows in
the face of each one to find the one required. I wish servan is
occasionally Made the same mistake as Sir Walter Raleigh's;
who becao:e terrified the first time he saw columns of tA .1; - c
iisuing from his master's mouth, and threw a deluge of water
it., hi., head to extinguish biro.—lli!/ and Valley, by Cat/Leib,