The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-01-04 00:00:00

THE LIVERPOOL STANDARD, TUESDAY, JANUARY 4, 1853.

COMMERCIAL AND NONE TA RY NE s

MONDAY NIGHT.
THE same causes which operated last week to
limit our observations on commercial and monetary
affairs still prevail to a great extent. The change
from one year to another naturally diverts attention
more to the winding up of old transactions than to
any readiness to enter into new ones ; and though
the tone of almost all mercantile reports are of a
very satisfactory character, there is an absence of
speculation, and purchases are confined to goods
actually in request. There is much difference of
opinion as to the buoyancy which has recently
existed, many entertaining- the impression that
the demand is of a temporary character and will
not be sustained, and that the reported large
crop of cotton in the United States will have
the effect of depreciating the market here. Others,
on the contrary, whose opinions are entitled to
great weight, believe that the American crop has
been considerably over-rated, owing to the earlier
time at which it has been brought to market,
and this view has been, in some measure, confirmed
by the advices received last night per Niagara,
which report an improvement on the other side.
There can also be little doubt but that the extent
of colonization in Australia, and the apparently in-
exhaustible supplies of gold, must tend considerably
to augment the demands for British manufactures
in that quarter ; while the general activity at home,
arising from the same cause, must have the effect
of promoting an increased consumption of almost
all descriptions. Corn maintains the recent im-
provement in value, without any increase in amount
of transactions, and this appears probably to be
the case for some time to come, until some of the
uncertainty shall have been removed with reference
to the damage caused by the recent floods. The
Money Market is still easy, and, despite the change
of Ministry, and the uncertainties respecting the
future policy to be pursued, the Funds maintain
their value, Consols this day being quoted at loot
and afford the most satisfactory evidence of confi-
dence in the permanence of the existing prosperity.
The Return from the Bank of England for the
week ending the 24th December gives the following
results when compared with the previous week :
Public deposits .. £9,297,726; Increase .. £649,000
Other deposits .. 12,264.343; Decrease.. 231,927
Rest .. .. 3,083,969; Increase .. 3,196

On the other side of the account—
Government securities £13,962,688 ; the same as before.
Other securities .. 14,135,952 ; Increase.. £779,916
Notes unemployed .. 11,846,420; Decrease 412,240

The amount of notes in circulation is £22,225,505,
being a decrease of £10,960 ; and the stock of
bullion in both departments is £21,749,190, show-
ing a decrease of £416,034 when compared with
the preceding return.

COMMERCIAL REVIEW FOR 1852

COTTON.-With the close of 1852 we have the usual
circulars, descriptive of the state of trade during the year
just past, and the opinions afloat as to the probabilities of
the future. From the tables which are annexed to the
Associated Brokers' Circular we learn that the total im-
port into Liverpool during the year has amounted to
2,207,016 bales, against 1,748,899 in 1851, and 1,572,455
in 1850; and into the kingdom, 2,341,522 bales, against
1,903,475 in 1851. That the export is 226,717 bales,
against 210,978 in 1851, and 199,987 in 1850; from the king-
dom, 282,800 bales, against 265,500 in 1851, and 272,400
in 1850, The stock in Liverpool, as declared on Fri-
day, is 577,810 bales, against 423,730 in 1851, and 454,879
in 1850. The stock in the kingdom is 657,520 bales,
against 494,600 in 1851, and 521,119 in 1850. The total
deliveries for home consumption from this port were
1,824,914 bales, being an average of 35,094 bales per
week, against 30,133 in 1851, of which 450 per week
were Sea Island, against 570 in 1850. From the king-
dom, 1,911,851 bales, or 36,463 per week, against 31,969
in 1851, and 29,091 in 1850. The average price of mid-
tling Orleans for the first quarter was 50. per lb. ; for
the second, sfd. ; the third, 53d. ; and for the fourth nd.
per lb. The arrivals of new cotton in 1852 are
240,000 bales, against 180,000 in 1851.
With reference to the circumstances which have ope-
rated upon the market during the year, Messrs. Heywood
and Macvicar in their annual circular say :

" Nothing has ever show❑ the fallacy of an a priori
reasoning upon cotto❑ more than the events of the present
year. At the commencement scarcely any one believed
in a crop of more than 2,800,000 bales, and the general
opinion was in reduction even of such an amount. As the
season advanced, the large and increasing arrivals into the
ports indicated that 3,000,000 bales, or thereabouts, was
more likely to be the result. But the general prosperity
of trade, and the abundance of money, and the large spe-
culations which these circumstances induced, have all
contributed to counteract the influence of arrivals much
larger than had at first been contemplatel. As prices
advanced confidence seemed to increase, and the present
season terminates with this instructive fact, that with the
largest crop on record, and 645,000 bales beyond that
of last year, prices are now id. per lb. higher than at the
termination of 1851, and Id. per lb. above the lowest
quotations of that year."
With regard to the causes which may have tended to
produce the recent activity, we quote from the same cir-
cular :

"The increase of the home trade in cotton goods, and
its profitable character, have been much dwelt upon for
some months past, as one of the main causes of the pros-
perity which has prevailed in the industrial districts, and
of the activity there witnessed. It certainly appears diffi-
cult to account for so sudden an expansion of this branch
of commerce; but the low price of provisions (before the
late bad weather set in and raised the prices of corn, the
distant effect of which already alarms many), must have
enabled the working classes to lay out more of their earn-
ings in clothing and other necessaries. The increased
emigration that has occurred may also explain the aug-
mented demand for certain descriptions of goods, the
emigrants requiring extra supplies for themselves and their
families. And again, in many instances, the parties may
have made investments of articles which they purpose
realising as merchandise when they arrive at their desti-
nations. All this goes to some extent to explain the
increased home demand and the large consumption ; but
the doubt yet yemains, whether the improvement is per-
manent or only casual, and whether the wants of the world
are to continue to be the same as they appear to have
been for the last twelve months ; and whether, if the
same, the same capabilities exist, on the part of the con-
sumers, to meet these necessities."
The same authorities proceed to argue that much of the
future character of the Cotton market may depend upon
the amount of the coming crop in all countries. In India,
it is said to be good ; from Brazil, an average import may
be expected ; and from Egypt, a full supply ; although
not, perhaps, equal to that of last year, which is said to
have an accumulation of preceding years. There is a
probability that the supply from America may not be so
large as was anticipated, if, as may have been the case, the
recent large receipts were owing to the planters having
pushed their cotton to market early in order to secure
prices. This is, however, but a speculative opinion ; and
much will depend upon the easiness of the money market,
of which there seems to be no doubt, and the preservation
of peace in Europe, which is hardly so certain.
Messrs. Hollinshead and Co., in their annual circular,
say :—" Notwithstanding the greatly increased quantity
of cotton manufactured, we find there are light stocks
everywhere ; a good export demand for every quarter of
the globe, but at the present moment unusually large,
and increasing, for the Indian markets; a home demand
large beyond precedent, it may be presumed mainly
owing to the full employment and improved condition of
the working classes; and to add to all this, there is abun-
dance of money, seeking employment, and content to
find it upon an easy or moderate rate of interest. These
are all stimulants, which spinners are evidently availing
themselves of ; and a very considerable extension of mills
and machinery we find to be still in progress, which even-
tually may add to the present great'y increased rate of
consumption many hundreds of bales of Cotton per week.
Thus an increased consumption is more than probable ;
and large as the supply this year has been, we are left
without any material increase of stock, although the
import of new cotton during the last two months has
been twice the amount of that received in any previous
season. The prospect for supply is, that an increase may
be expected from India, an import probably equal to that
received in 1851. From Egypt, a full average supply, but
considerably less than we have had this year. From
Brazil and the West Indies scarcely so much as in the
present year. The crop in the United States, from all
accounts, is likely to be a large one, fully equal to last
year's, and we know it to be much superior in quality ;
but owing to the small quantity of old cotton remaining
at the commencement of the season, and the large quan-
tity of the new crop already received here, we cannot
expect to have in 1853 so large a per centage of the crop,
whatever that may be, as we have had this year."
PRODUCE.—The general improvement in value and
activity of trade which have characterised most commer-
cial operations have been fully shared by colonial produce
of almost all descriptions. In Sugar, the year closed with
a much firmer market, having experienced an advance in
value throughout the year of 3s. 6d. per cwt. on West
India, and 3s. to 3s. 6d. on foreign. On comparison with
the previous year, at this port, the landings during the
past twelve months show a diminution of 19,000 tons, an
increase in home deliveries of 2,000 tons, and a decrease
in stocks of 4,000 tons. The returns for the United
Kingdom, as near as can be calculated, will give a falling
off in arrivals of 55,000 tons, an increase in consumption
of 35,000, and a deficiency in stock of 40,000 tons, the
present stock being estimated at 117,000 tons, against
157,000 tons in January, 1852, and 107,000 tons in January,
1851. In Coffee, the movements have not been very
marked, with the exception of an improvement towards
the close of the year, owing to the settlement of the
chicory question. The landings at this port fall short of
1851 by about 300 tons, owing to no direct import having
been received from Ceylon. The total imports for the
two principal ports amount to 22.400 tons, being about the
same as the previous twelve months. Since the act ren-
dering illegal the mixture with chicory, the consumption
of coffee has manifestly increased, and the excess over
1851 may be estimated at 1,400 tons. The exports from
this port during the year have been very inconsiderable.
In Cocoa, the market presents little difference from the
previous year either in prices or extent of business ; the
stock, at the close, was rather large. In Pimento, there
has been an improvement both in quantity and value.
Rum has been steady; and the same remark will apply to
Ginger.

WooL.—The state of the wool trade throughout the
past year has been highly satisfactory; employment has
been plentiful ; and both importers and consumers have
found profitable scope for their enterprise. The home-
demand for woollen goods has been unusually large. The
export of woollen and worsted goods has been on a very
extensive scale, even exceeding the year 1851, the highest
rate ever before attained. Prices, until October, were
marked by little variation; since then they have been
steadily looking up, but it is only during the last month
that any decided advance has taken place, and at present
they may be quoted, on the average, about 15 to 20 per
cent. above the corresponding period last year. The
total imports show a trifling excess over the previous year,
but not to an extent to call for any particular remark.
The export of foreign and colonial has been rather less ;
but, on the other hand, the shipments of home wools
have been much larger, showing an increase of upwards
of 80 per cent.

Ott..—The imports of olive oil for the last twelve months
reached 6,443 casks. The supply is not equal to con-
sumption, and the consequence is that prices are very high,
and the market closes firmly with an upward tendency,
from very light stocks.
IRON.--The result of the preliminary meeting which
was held at Dudley on Thursday, was the adoption of a
middle course between those who oppose all progress and
the ultra-sanguine, who go for £l2 per ton on manu-
factured iron. The prices have been declared as follow :
Bar and rod-iron, short weight, £ll per ton ; hoops, £l2 ;
and sheets, £l3. It was also determined that a propor-
tionate advance in wages should be given. Coal and
ironstone are also advancing in price. The quarterly
meetings will be held on the usual days next week, to
commence at Walsall on Tuesday.
STOCKS AND SHARES.—Owing to the large influx
of gold, the confidence in Government and the general
prosperity, there was an improvement throughout in
public securities and railway shares. That this improve-
ment is not owing to a spirit of speculation, is shown in the
steady rise of the public funds, in which the fluctuation
has been little more than five per cent., while the per-
manent rise in value is about three-and-a-half per cent.
The improvement also in shares has been of the same
satisfactory character, and justified by the steady increase
of the traffic returns, while the prospects of dividends are
such as to warrant a fair return on the present prices of
shares as an investment of capital. This has been the
more evident towards the close of the year, when the
comparison is made with the receipts from the Great
Exhibition, and the market at the present time may be
considered in the most patisfactigy otate,

"THE HAPPY

FAMILY:.

SCENE-ARGYLL HOUSE.

Enter ABERDEEN as First Witch, after him the Cabin
and other officials ; in the middle a cauldron boiling.

First Witch.—Thrice the veering Times has chang'd.
Second Watch.—Everything is now arrang'd.
Third Witch.— cries" 'Tis time, 'tis time ;
All things now are meet and prime ;
Vainly has the budget loom'd,
Disraeli now is doom'd."
First Witch.—Round about the cauldron go ;
In let all officials throw
Principles they now must smother,
For the love of one another,
And the price of their admission
To the Peelite coalition—
All.—Double, double, toil and trouble,
Fire burn, and cauldron bubble.
Russell first, for want of better,
Throws therein his Durham letter ;
Gladstone throws in Convocation,
•
Puseyite State Education ;
All the time by Baines derided.
And by Molesworth grimly chided ;
Graham throws in the whole Brigade,
Emblem fit of Popish aid,
Curses•which the priests have utter'd,
Treasons they have inly mutter'd,
As a charm of powerful trouble,
Which will make hell-broth bubble.
All.—Double, double, toil and trouble,
Fire burn, and cauldron bubble.
Palmerston we must not miss;
He throws in the Judas kiss,
Which from all his colleagues greets him,
As by Aberdeen he seats him.
Then, to further on the charm,
Bernal Osborne, Molesworth, Graham,
Just to please the Peelite palate,
Cast therein the Vote by Ballot.
Wood throws in, and none can grudge it,
A twice and thrice rejected budget ;
Income-tax he sought to double,
Just to save himself from trouble.
Last of all, to make the charm
Full of evil, full of harm,
All join hands, and add thereto
Vote of the blaspheming Jew.
All.—Double, double, toil and troublo,
Fire burn, and cauldron bubble.

Enter Hecate.
Hecate.—Oh, well done d I commend your pains,
And every one shall share i' the gains. W. G.

POLICE COURT.-YE STE

ERDAY.

CHARGE OF BURGLARY BY A SERVANT.—Ann Morris
was brought before G. H. Lawrence, Esq., charged with
stealing a £lO note belonging to her master, Mr. Pope,
of Berkeley-street, with whom she had lived as servant
for some time. On the 15th ult. she was under notice
to quit, when a £lO note was placed by her master in a
drawer. She left a few days after, and went away, when
the note was missed. It was stated that she had changed

the note after leaving, and on her apprehension a key was
given up by her which fitted the lock of the drawer, from
whence the note had been taken. She was committed
for trial.
BRUTAL ASSAULT ON THE MASTER OF THE BLIND
ASYLUM BY TWO OF THE INMATES.—Yesterday, two
young men, named respectively John Allen and Edward
Toulman, inmates of the Blind Asylum, were placed be-
fore the magistrates at the Police-court, charged with an
unprovoked and brutal assault upon Mr. John Adden-
brook, the master of the asylum. it appears :that, on
Saturday evening last, the inmates of the asylum were
permitted to go out to see their friends, and about half-
past eight o'clock the two defendants returned to the
asylum. About a quarter to nine o'clock the master was
informed that there was a disturbance in the yard, and on
going out of the house to ascertain what was going on,
he saw several of the inmates standing in groups together,
and the two defendants standing in another part of the
yard by themselves. Oa the complainant approaching
them, the defendant Allen asked him who he was, when
he replied that he was the master of the asylum. On this
Allen observed, " I will do for you,' at the same time
striking him and knocking him down with a stick which
he had in his hand. In doing this Allen was assisted by
Toulman, who seized hold of the complainant's clothes,
and tore them to pieces. As he attempted to get up, the
defendants violently knocked him down a second time,
and a female servant, who came to his assistance, was also
struck by the defendants with their sticks. Information
was given to the police, who took them into custody. The
magistrates severely reprimanded the defendants, and
afterwards imposed a penalty of £5 on each, and in default
of payment they were committed to gaol for two months.
ASSAULT ON A POLICEMAN.—A respectable looking
man, named James Evans, was yesterday charged at the
police-court by officer 628, with assaulting him in Low-
hill on Saturday evening last. About one o'clock in the
morning the officer saw the defendant in Phythian-street,
in a state of intoxication, ringing at the door bells of
several houses, and on desiring him to go home the
defendant refused and began to abuse him. He struck
the officer twice, and told him that he did not care a
straw for either the police, the mayor, or magistrates.
The defendant was fined ten shillings and costs.
ROBBERY OF BANK NOTES BY PROSTITUTES.—TWO
women, named Susan Kelly and Mary Ann O'Brien, were
charged at the Police-court yesterday with robbing a
young man named Lewis Adelburg, a clerk in a merchant's
office, in this town, of the sum of £lO5 in Bank of Eng-
land notes. It appeared that, on Saturday evening, the
prosecutor was with the prisoners, at a public-house in
Whitechapel, and that when there the prosecutor was in
liquor. A young lady, who was serving liquor in the bar
at the time, deposed to the prisoners asking her to change
he notes, which she declined to do.. The prisoner were
remanded to this day.

CHARGE AGAINST OMNIBUS CONDUCTORS OF DE-
FRAUDING THEIR EMPLOYERS. Three men, named
respectively Archibald Campbell, Henry Holden, and
James Davidson, in the employ of Messrs. Busby, the
extensive omnibus proprietors, of this town, were brought
before the magistrates at the police-court, yesterday,
charged with defrauding their employers of various sums
of money which have been received by them from different
passengers in fares. Mr. Dodd, solicitor, appeared on
behalf of the proseCutors, and the prisoners were defended
by Mr. Bluck, solicitor. The case of the prisoner Camp-
bell was taken first. Mr. Dodd, in stating the case: said
that for some time the Messrs. Busby had had good
reason to believe that they were robbed by some of the
conductors of their omnibuses, and that their returns
were not correct. They, therefore, took steps to ascer-
tain the truth of their suspicions, and the result was, that
in the cases which he (Mr. Dodd) should lay before the
court, the actual returns made by the prisoners differed
to a considerable extent with the money which it would
be proved they had actually taken. On the 29th of De-
cember, by the eleven o'clock journey from Scotland-
road to the Queen's Dock, there were twenty-two pas-
sengers carried, and only eighteen accounted for by Camp-
bell, leaving a deficiency of seven. On the following day,
by the half-past three journey, Campbell again had twenty-
two passengers, and only accounted for twenty, and on
Saturday last, by the half-past twelve o'clock journey,
there were 28 passengers and only 12 accounted for,
leaving a deficiency of 16. These cases had only been
selected, amongst many others, by Messrs. Busby, with
the view of putting an end to a system by which
the complainants believed they suffered very seriously.
A person named John Hughes was then called by
Mr. Dodd, and he stated that he was employed by the
Messrs. Busby to go and check the number of passengers
on the 29th, 30th, and oo Saturday last. He deposed to
these being the number of passengers each day, as stated
by Mr. Dodd. For this number he saw the guard paid.
John Russell, a clerk in Messrs. Busby's office, deposed to
receiving the returns from Campbell on the days in ques-
tion, and said that he only received for 18 passengers on
the 29th, 20 on the Sada, and 12 on the Ist of January.
The charges against James Davidson and Henry Holden,
guards of the omnibusses running between Moss-street
and the Pier-head, were then preferred. The evidence in
these cases was similar to Campbell's case. All the pri-
soners were fully committed to take their trials at the
sessions.

CHURCH MISSION'S : ST. SAVIOUR'S.—The incumbent
of St. Saviour's Church stated, on Sunday last, that it
was his intention (D.V.) to deliver a monthly lecture on
the Home and Foreign Missions of the Church of Eng-
land. The first of the course is to be given on Thursday
evening next, divine service commencing at seven o'clock.

IRISH SOCIETY. The claims of the above valuable
society were ably advocated on Sunday week, in the
Parish Church of St. Nicholas, by the Rev. Rector
Campbell, when the sum of nearly £2O was collected.
We understand that the next anniversary of the Irish
Society is to be held in Liverpool early in March.

THE REV. SAMUEL MINTON has announced his in-
tention of delivering a course of lectures in St. Silas'
Church, upon the book of Joshua, on the Wednesday
evening after the first Sunday in each month. The course
will commence to-morrow with an introductory lecture
upon the authority and value of the Old Testament
Scriptures.
RAILWAYS OPENED IN 1852.—1 t appears that the
aggregate length of new railways opened during 1952, was,
in England and Wales, 342 miles ; in Scotland, 171
miles ; and in Ireland, 103 miles : total, 4621 miles.
HERMAN PHILIPPE DE MERODE, nine years of age,
and the only son of Count Werner de Merode, and
nephew of Count de Montalambert, while amusing himself
a few days since by sliding:down the banister of the stair-
case, lost his balance, and fell. He fractured his skull,
and died after three days' severe suffering.—Galignani.

PROPOSED MAIL LINE BETWEEN THE UNITED STATES
AND THE WEST INDIES.—An arrangement is about to be
effected between England and the United States for a re-
gular mail between the United States and the West Indies
generally, and points on the coast of Mexico and northern
coast of South America, at which the British mail packets
touch. To the British West Indies, the United States
single rate of letter postage, which must be prepaid on
letters sent from, and collected on letters received in, the
United States, will be ten cents. where the distance from
the mailing-office is under two thousand five hundred
miles, and twenty cents. where the distance exceeds two
thousand five hundred miles. To the West Indies, not
British, Mexico, and South America, the British postage
of twenty-four cents. the single rate, also required to be
prepaid, will be added to the ten or twenty cents. United
State rttoi tiMrding tQ CIiADUCQ lib9Tto

LATEST INTELLIGENCE.

MONDAY EVENING, JANUARY 3.

BY ELECTRIC TELEGRAPH.

PENINSULAR MAILS

The Madrid steamer arrived at Southampton this (Mon-
day) morning, with the above mails, and advices from
Gibraltar to December 24th, Cadiz 25th, Lisbon 29th,
Vigo 30th ; Oporto no communication.
LISBON, DEC. 29.—The Portuguese fundholders were
much disgusted with the conversion of the Portuguese
debt into Three per Cents. A portion of the internal
debt was also decreed to be converted into Foreign Three
per Cents. for railway purposes. The new Tariff was in
press, and would, it is said, disappoint all who looked for
a reduction of duties and suppression of contraband trade.
Exchange on London 54i, with a scarcity of general
takers.

Lisbon Bank notes at a discount of 21 per cent.
The British squadron was still at Gibraltar.
Exchange on London, NI to 501; Spanish pillared
dollars 24- to 2i per cent. prem.
The Emigrant ship Africa put into Lisbon, partially
dismasted, bound to Australia.