The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-12-27 00:00:00

human improvement ; and to turn aside from those who
slumber away their existence in the lap of sloth ; to heed
not the man, who, reclining upon the couch of indolence,
receives the various tributes of surrounding toil, without
stirring from his pillow. The shop and the field, quoth our
" Second DANIEL," are as essential spheres of service as
the closet or the cabinet. No-class of pursuits, however
humble, is more necessary in the contrivance for human
happiness than the husbandman, the weaver, the mason,
or the mower. It was in the recognition of these truths
that the process was discovered by which to overcome
the heartburnings which rankle in the bosom of neg-
lected poverty, and swell the breast of ignoble pride.

Of a piece was the address of Lord ASHBURTON, in
reference to the teaching of "Common things to common
people." That intelligent peer and close friend of the late
Count D'Ousex might have been considered " fast" at
one time; certes, he has shown in th e foundation of

these same prizes for understanding common things that
he is a " man for a' that."

COMMERCIAL 4 MONETARY .YEWS.

MONDAY NIGHT.

THE Money market has not presented any par-
ticular change during the week, except a slight
decline towards the close, owing to the public be-
coming sellers. For purposes of discount money
has been comparatively easy, though no official
change has taken place in the rate of interest.
Great confidence appears still to prevail in the
security of commercial credit, a fact owing chiefly
to the absence of all undue speculation, and the
general healthy state of business. From the re-
turns of the Bank of England, published in the
London Gazette, there appears an increase in the
stock of bullion to the extent of £101,962, a de-
crease in the active circulation of £439,835, and a
decrease in other securities of £288,132, showing
a falling-off in the demand for accommodation.
In the Cotton manufacturing districts trade is,
on the whole, improving, and a considerable
amount of business is bemg done, though chiefly
in the lower qualities, which accounts for the larger
consumption of Cotton, and the demand in this
market for Surats and the inferior kinds of Ame-
rican Cotton. It is said to be the intention of the
French Government to permit the importation of
Cotton Yarn at a reasonable rate of duty, this
article having been hitherto prohibited, or the
duty being so high as virtually to amount to a
prohibition. Should this measure be carried into
operation, it will have a beneficial effect upon Man-
chester spinners, as the French manufacturers will
be enabled to import English Yarn both cheaper
and better than they can make it for themselves.
The recent accounts from Australia, and the ex-
pectation of further large remittances of gold, have
also a favourable effect, and expectations are con-
fidently entertained of increased shipments being
shortly required. Some complaint is made of the
alleged tightness of the Money market, but con-
sidering the confidence which prevails, the mere
difference in rate of discount can have little in-
jurious effect.
The financial prosperity of the United States of
America has led to a proposition for an alteration
of the tariff, by which the free list will be consi-
derably enlarged, so as to affect the revenue to the
extent of about eight millions of dollars. The
articles chiefly affected by this alteration will be
Linens, Wines, Tin Plates, Hides, Salt, Watches,
Steel Bars, Indigo, Hatters' Furs, and Hemp. It
is also proposed to re-arrange the duties on other
imports to an ad valorem rate of 25 per cent. or
100 per cent. All articles not named in the higher
list and the free list to be charged at the lower
rate of duty.. If this plan be carried into effect,
and it is recommended in a Treasury report pre-
sented to Congress, it will, no doubt, have consi-
derable influence upon our export trade to the
United States.

The return from the Bank of England for the
week ending the 17th of Dec., gives the following
results, when compared with the previous week :
Public deposits ... £10,492,680; Increase £465,520
Other deposits ... 10,099,684; Decrease 210,393
Rest ... 3,189,090; Increase 7,273
_

On the other side of the account--
Government securities £145,413,730; the same as before.
Other securities ... 16.237,015; Decrease 288,222
Notes unemployed ... 8,124,105; Increase 516,930
The amount of notes in circulation is £20,605,625,
being a decrease of £439,835 ; and the stock of
bullion in both departments is £15,443,256, showing
an increase of £101,962, when compared with the
preceding return.

leSIIE DEPARTMENT.
Notes issued ... £28,729,730 Governmt. Debt £11,015,100
Other Securities 2,984,900
',Gold coin & bu11'n.14,729,730
Silver bullion ...

£28.729,730
BANKING DEPARTMENT.

-i28,729,730

Prop. Capital ... E14.553,0001G0v. Securities £15,043,730
Rest ... 3,189,09010ther Securities 16,237,015
Public Deposits 10,492,686,'N0tes ... 8,124,105
Other Deposits 10,699,684P01d & Silver Coin 713,526
7-day & other bills 1,183,9161

£40,118,3761 £40,118,376
PRODUCE.—During the week there has been a
considerable improvement in the demand for Sugar,
both from grocers and refiners, which has enabled
holders to obtain full prices for all kinds. For
foreign there has been rather more inquiry, but
the market being barely supplied sales are limited.
The sales of Molasses are confined to a few small
lots of Antigua, and the quotations are reduced 6d.
to ls. from the highest point. Of Coffee there is a
strong demand for all ordinary descriptions, but
the absence of stock has prevented business.
Para Cocoa sold at 275. per cwt. Bengal Rice, 14s.
to 15s. 6d. ; Arracan, on the spot, 13s. 9d. ; and
Madras, to arrive, at 13s. 6d. to 13s. 102 d. per
cwt., the market closing with a firm appearance.
In Tea the transactions were limited until Thurs-
day; when a speculative demand sprang up, and
some considerable parcels of common Congou were
sold at ls. 21d. to ls. 21d. per lb., and the market
closed with a very firm aspect for all descriptions.
Guano, mixed Peruvian and Bolivian, sold by auc-
tion at £lO 12s. 6d. to £los. 15s. per ton ; 800
tons of the lower kinds realized advanced rates.
Olive Oil has continued to move off steadily ; Seal
Oil, £4O ; Cod, £34 per tun ; Linseed Oil, 30s. ;
and pale Rape, 465. to 475. per cwt. Spirits of
Turpentine continue without change. Palm Oil in
better demand, particularly for arrival ; the sales
amount to about 200 tons on the spot, and nearly
1,500 to arrive, at £4O to £4l per ton. For Tallow
the demand has much improved ; Petersburg Y.C.,
575. to 585.; South American, 535. to 565. 6d. per
cwt. Jute, £22 10s. per tonior middling quality.
Corrow.—The amount of business done has been
to a considerable extent, the sales for the week
ended on Friday having amounted to 45,460 bales,
of which 9,760 were taken on speculation, and
2,790 for export, leaving 32,910 for the trade.
Prices have been very firmly maintained, and
though we cannot note any alteration in quotations,
the turn was in favour of sellers. On Saturday
the sales were about 7,000 bales, of which 1,000
were on speculation and for export. TO-DAY being
a general holiday, nothing was done. The follow-
ing is a comparison of present rates with those of
the corresponding period last year :

New Orl

Leans, middling
fair
, middling ......
fair

185'2.
51d.
6d.
std.
51d.

.. Old.
... dd.
- 561'

Uplands,