The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1849-08-07 00:00:00

GENERAL TRADE REPORT.

EFFECT OF THE STEAMER'S ADVICES ON THE LIVERPOOL

MARKETS.

EXCHANGE NEWS-ROOM, MONDAY
The Niagara, which arrived this morning from the
States, brings intelligence of a comparatively depressed
nature with respect to the demand for autumn goods,
many orders for which had been countermanded since the
appearance of cholera, and the exchange market for the
steamer had consequently been inactive and heavy; but
as the disease is reported to have apparently passed its
worst period, and the grain harvest promises to be abun-
dant, we may hope for more encouraging accounts per
next mail. Meanwhile trade in our manufacturing dis-
tricts continues in a very prosperous condition, and, as
will be seen in another column, our exports to some of
the principal markets of the world have largely increased
during the past six months.
The late successes of the Hungarians are looked upon
with satisfaction by all parties ; and we think, there never
was a subject involving foreign relations in which the
people of England, particularly the mercantile commu-
nity, were more unanimous; and, certainly, when we
consider that the brave republicans are virtually defend-
ing our Eastern empire from another advance on the part
of the Autocrat. it is not at all wonderful that we sym-
pathize where we are individually interested.
The share market has advanced a little during the
week, but there is still not any great increase of business.
Leeds and Midlands, with their small shares, are in de-
mand at the quotations. Royal Assurance have advanced
a little to-day, a rumour being current that a better divi-
dend than five per cent. is to be given, and that the ruse
of transferring the profit already realised from the present
to future shareholders, under the name of " capitalisa-
tion," will not be practised. The quotations of this day
are,—Clydesdale Junction, 664; Leeds halves, S F d. ;
Leeds sths, 3 d. ; West Ridings, 4A- d. ; Lancaster and
Preston, s. 131 ; London stock, 132 ' • London 45.3 g I.
g ; Midland stock, 66 ; Midland Is. 121 d., and 13 d.;
Royal Assurance, 21- p.m. ; Gas shares much asked for.
It is satisfactory that some attention has at length
been given by government to the West India mails
arriving at Southampton ; and, as will he seen elsewhere,
although the place of arrival will not be changed, the
grievances so long complained of will be remedied.
There has been some excitement in our Cotton market
to-day, in consequence of news brought by the steamer
of an advantageous tendency to holders (as will be seen
-in a postscript subjoined to our detailed account of " the
cotton trade," in another column), and 15,000 bales have
-been sold at stiffer prices, though barely establishing an
advance of an eighth per lb. The sales comprise nearly
4000 Brazils, 1000 Surats, and the remainder chiefly Ame-
ricans at 41c1 to 6d per lb. ; about 5000 bales have been
taken on speculation and for export. The market was
steady on Saturday, and the sales also large, at the full
prices of Friday, amounting to 15,000 bales (including
3000 sold the previous afternoon, after the making up of
the circular), of which about 6000 were taken on specula-
tion and for export. 1500 were Surats, 1000 Brazils, and
the remainder chiefly Americans, at 41d to 511 per lb.
Our market for Scotch Pig Iron remains without any
material alteration from last week's prices. Mixed num-
bers may be quoted at 445. Gd. to 455. f o b, at Glasgow.
Pig Iron is quoted a shade higher at New York.
In the colonial market the principal sales which we
have to report since the Circular consist of 150 hhds
Barbadoes Sugar, on Saturday, at previous prices ; and
2000 bags white Benares, on the same day, at rather
lower rates, the market remaining quiet; and as many
parties will be engaged with the two great attractions of
the moment—the local fcte, and the Irish pageants—it is
expected that the transactions of the week will be limited.
Rum continues in favour, and there is more inquiry for
Coffee, though we do not hear of any sales ; and the Tea
market is quiet, but firm.
Our Corn trade has been exceedingly flat to-day in
consequence of the fine weather, which intimidates pur-
chasers. Indian Corn is getting more and more out of
favour, and if the potatoes realise their present prospects,
this article will go much lower in price, in which ease it may
be brought into consumption for feeding cattle, &c. At
the present reduced rates there is little demand, even in
the Irish markets, except to supply Union contracts.
In other articles the English and Irish markets are gene-
rally further on the decline.
At the Wool sales, on Friday, the attendance of buyers
was very limited, and for most kinds the aiddings were
rather languid. The descriptions offered comprised 579
Ea-t India, 392 Buenos Ayres, 473 Iceland,. and 221 sun-
di es. The selection of East India was choice: good
white declined Id. to Id., while yellow and the lower qua-
lities realised fully the late advance. The Buenos Ayrean
which were sold brought full prices. The usual buyers of
Iceland were absent, and a few lots only were disposed. of
at 5:1-d. for middling White, 54-d. for Greasy, and 41d. for
Coloured. Some business was done in Russian Fleece,
Italian Skin, and Mogadore, by private treaty : these
kinds are very low in stock, and are wanted. Pe-
ruvian is in improved demand. Business in Scotch Wools
has been checked here in some measure, in consequence
of the advance of 20 to 30 per cent. above last year's prices
Which lies been realized at the fairs recently held in
Scotland.
The demand for American Lard has been less active,
and a reduction of Gd. per cwt. has taken place, the sales
of the week being about 80 tons. Bacon has been in
better request, and a considerable business has resulted,
chiefly in good ordinary Western for Ireland, at previous
prices. There are few transactions in Hams or Shouk ers.
A large quantity of New Chees-, in very bad condition,
has been sold by auction, at prices ranging from 21s. to
30s. per cwt. Holders of Beef continue firm, in expec-
tation of better prices, and are consequently less anxious
to sell, the business of the week being confined to the
immediate wants of the trade. Little doing in Pork.
The arrivals of Irish butter being more than sufficient
to meet the existing demand, and the present low rates
failing to induce dealers to enter into stock, in those
cases when holders press sales they are compelled to sub-
mit to a further decline. The quotations this day (landed)
are—for Waterford (new), 64s to 68s ; Carrick (new), 64s
to 66s ; Wexford, Carlow, 63s to 64s ; Ballymoney and
Coleraine, 63s to 65s ; Banbridge, 63s to 645.

LATEST INTELLIGENC E.

(BY EXPRESS.)

LONDON MONEY MARKET.-YESTERDAY,

The market for Public Securities has been rendered rather
heavy in consequence of the French government announcing
that a loan wolld be required. C,onsols have been done front
92i to 2 for the account and money. The Three-and-a-Quarter
per cents. 93t f, the Three per Cents. Reduced 922 Bank
Stock 19li 200, Exchequer Bills 48s. 515., and India Bonds 81s.
84$. pm.

SHARE MARKET.-YESTERDAY.

No chanze has occurred in Railway Shares. London and
North-western 1324‘, Great Western 82, South Western 33 4i,
Midland t 5 a, and Caledonian 28i

LONDON CORN MARKET;-YESTERDAY.

The weather continues highly favourable for harvest opera-
tions,
which are now pretty general in the neighbourhood of
London. The supply of «heat from Essex and Kent this
morning was again short; nevertheless, a reduction of 3s. to
4s. per quarter had to be submitted to before progress could
be made in sales. The demand for foreign was very limited,
and, although factors would have ) ielded in price 2s. to 33. per
quarter, very little business was transacted. Flour was easier
to purchase. There was very little English Barley at market,
and its value remained nominally the same. There was a
steady trade in foreign for grinding and feeding purposes,
at rates a trifle under those of last week. Oats of home-
growth, beingscarce, supported former quotations, but the sup-
ply of foreign being good, secondary and inferior sorts scarcely
sold so well as on this day se'nnight. Beans and Peas but litte
inquired for, but they cannot be quoted lower. Some new Peas
appeared at market to-day, and realised from 28s. to 325. per
quarter, as in quality.