The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-07-03 00:00:00

COMMERCIAL INTELLIGENCE.

( From the Sunday Times.)
CITY, SATU DAr.—Such has been the excitement produced
among all classes in the city to witness the ceremonial which
has been consequent upon the coronation, that other business
has been very much neglected. The remarks upon the state
of the. mercantile and monetary markets, must therefore ne-
cessarily be brief. In fact, the changes have been very slight
this week. The commercial information from the United
States, received yesterday, to the 9th instant, is not so good
as was expected, and the quantity of orders which have been
forwarded for execution, are less numerous and important
than calculated upon. The Banks were gradually getting
into a more healthy state of circulation, but the Directors of
all of them were very careful in not extending their circula-
tion to any considerable amount, though they had ample
means of obtaining Bullion, such were the large importations
which continued to flow in from almost all quarters of the
world with which the Americans have trading intercourse.
Thy course of the Exchange at New York upon England had
improved to 9 per cent premium. The Stock Market at New
York, was very fluctuating up to the latest dates. The ship-
ments of Cotton from America from the month of October to
the 6th instant, have amounted to 1,192,143 Bales, against
957,916 Bales in the corresponding months of the past year.
The principal markets for Colonial and other produce have
not materially changed this week; the former were closed on
Wednesday, and will remain so until Tuesday next. On
Monday next the quarterly sales of free-trade will commence,
for which not less than packages are declared.
Railway and other shares have not been much in demand
this week. The Great Western Shares have risen again to
86, but afterwards dropped again to 831 or 185 premium;
London and Birmingham Shares have fluctuated between
173 and 175, or 83 and 85 premium; the Leeds and Manches-
ter, between 47 and 474, or 17 and 174 premium; the Man-
chester and Birmingham, between 84 and 81, or 14 and 11
premium; and the -North Midland, between 39 and 40, or 4
and 5 premium. The Greenwich Shares have fallen to 15 or
5 discount; the Southampton, t 042, or 8 discount; the Bris-
tol and Exeter, to 54 or 44 discount; the Blackwall, to 5 or
L h premium; and the Croydon to 164, or 31 discount. The
ondon and Westminster Bank Shares have risen to 221, or
24 premium; the British North American Bank Shares to
235, or 3-1 premium; and the Provincial Bank of England
Shares to 36, or 1 premium. Of the Asphalte Shares those
of Mr. Claridge's Company have only found buyers readily,
and at prices from 6to 95, or 4to 75 premium. The Liver-
pool Company's Shares have reached 4, or 2 premium, but
afterwards they fell to 1= per cent. premium. The British, the
Bastenne, and the other Shares of these companies have not
been sold at better prices than last week.
Since Wednesday (the Stock Exchange having been shut
on Thursday,) business in the funds has been rather dull.
The prices of Consols have risen to 9545 which is 4 per Cent
higher than they were last week. Reduced Three-anti-a-Half
per Cent Stock has improved also, viz from 1014 to 1014.
Bank of England Stock has fluctuated between 2054 and 206.
East India Stock has recommenced at about 271. The pre-
mium on Exchequer Bills is supported at 70.72, but that upon
Indian Bonds has varied between 77 and 75.
For Portuguese and Spanish Stocks lower 'prices have
been submitted to this week, principally the effect of some
news having been received from Lisbon of a fresh Miguel-
ite attempt to create disturbances against the government.
The Three per Cents. Portuguese Stock declined from 24 to
235, the Five per Cents from 364 to 354, and Spanish Active
Bonds from 214 to 22. The market looked rather more firm
yesterday, and at higher prices than those just given. The
only other alteration which it is necessary here to notice, has
been a fall in French Stock of not far short of 1 per cent.,
though the bill for the reduction of the interest has been re-
jected by the first branch of the legislature of France. The
Five per Cent Stock has been sold at 110 f. 25c., the ex-
change being at 25f. 50c. The Dutch, Belgic, and other
European Stocks have remained much the same as last
week. Mexican Stock has not recovered above 245, Co-
lombian above 264, and Brazilian above 80. The settle-
mentof the account yesterday in Foreign Stock passed off
without any point requiring notice.