The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-10-25 00:00:00

ady—so much so, that it said he has £5OO a-year fixed
In him for life by Miss COUTTS, to guard against the
. .

ssitudes of literature as a means of lrvi

437. eleg

this nu

Our friends, where naval men most do congregate,
appear not much to relish the off-hand manner in which

"-My lords" are dealing with Captain M'CLux _ ,
coverer of the North-west Passage, and Lieut. INGT ,
who brought home the intelligence. Honour to whom
honour is due, say the sailors, but why the announce
the promotion of thetwo officers coetaneously ? INGLEPIELD,
a capital officer as good as 111`CLuBE, doubtless—was only
honoured messenger—bearer of the discovered de-
spatches, yet the same breath promotes both. To lands-
men the affair may be considered as nothing; not so with
" Jack," who is as jealous of his honour as he is brave in
maintaining it against all the world. Is INGLErIELn's nro-

the dis
EFIELD

motion in any way connected with his rumoured mar

The QUEEN has graciously-placed a feather in the cap
of SAMUEL PHELPS, the lessee of Sadler's Wells Theatre,
by commanding him to Windsor, to superintend the
Court plays at Christmas-tide. In conferring this high

honour, fdo not hear that there is any difference in opi-
nion betwixt the royal patron of these performances and
Mr. CHARLES KEAN, the former director. The few dra-

matic and literary people already acquainted with the
fact, believe that it is a graceful tribute, spontaneously
paid by the SOVEREIGN to one of our best and most ardent
Shaksperian scholars, who, in his classical temple, situ-
ated in the ultima thule of civilization, nightly—never
mind what sort of weather—draws countless crowds to
see and hear WILLIAM SIIAKSPERE'S plays represented
in a manner heretofore unsurpassed in all the

higher

attributes. No doubt, MA.CREA.DY, CHARLES KENiLE,
and VESTRIS, did much more than SA.MIIEL PHELPS, in
what the French style " mounting," though the Sadler's
Wells manager is not deficient in that regard. It is to
Mr. PHELPS' nice attention to the text of the great
author —his striving to understand and appreciate pro-
perly, not only for himself, but for his dramatis personce,
the unwinking attention to correctness of details, in order
to a great whole : these, and other points, have consecrated
the name of Mr. PHELPS for many a long day. His pro-
':
"Midsummer' Night's Dream "—a most diffi-
cult attempt—the play itself fantastic in the extreme—
would play havoc with a vulgar manager, or a stinting
one : how different is the result at the Wells ! Bottom
the Weaver, as sustained by the manager, is a living
picture-type of a numerous race. Who has not met a
Bottom? Self-sufficient, conceited ignoramus. I hold,
and have held for years, the belief that Bottom the
Weaver is one of SHARSPERE'S finest drawn characters.
SAM. PHELPS, by his undertaking its delineation, seems
to be of the same way of thinking. The programme of
the Court plays has not yet been made. It is understood
there will be three of SHARSPERE'S plays, with five or
six modern dramas from JERROLD'S and PLANCHE'S
plumes. If no contretemps occur, the season, it is anti-
cipated, will be very hearty at Windsor Castle during the
Christmas holidays. In reference to the plays, Mr.
GRIEVE has begun to look after the scenery, in order
to the production of some " striking effects" in the
RUBENS' room.
There was another gathering of dramatic and literary

duction of

" dustmen," at the deal Hole, on Saturday,Tßaoo7i7,
the tragedian, gave to SMITH, the lessee of Drury-lane, a
diamond ring, and so forth ; thanked him for his kind-
ness, which meant that he had been paid,—happily the
fact, not only as regards BffooKE, but every one, down to
the crones who wash and whiten Bon ELLISTON'S magni-
ficent staircase, the grandest of any theatre you can name
on this side of La Scala. It cost ROBERT WILLIAM
ELLIBTON £60,000; at least he was responsible to the
architect and mason for the sum. Much is expected from
the ones at Drury-lane. Nous verrons. WIGAN, now
the cleverest actor in his way—once the veriest stick—is
doing wonders at the Olympic : clever dramas, cleverly
represented; the elite in his boxes and stalls. Old T. P.
COOKE is doing William in JERROLD'S " Black-Eyed
Susan," down easter. What a load of money this veteran
sailor-actor must have made by William. I wonder if he
could lend the author a " ten pun' note " now—if he
wanted such a thing ? Your Liverpool people have good
tastes, if 'judge from the good things said and sung about
them by actors and vocalists who have returned to the me-
tropolis after having fulfilled) engagements in your good
town. They are all eloquent in praise. Well, I won't say
much about WILLIAM FARREN. I don't think he is very
glib ; but he ought to have left off long ago—say with
MARE LEMON'S Grandfather Whitehead. There is a
good feeling here, if it were but properly stirred up, in
reference to poor old JEM BROWNE, once a famous Liver-
pool man : his was the best Goldfinch I ever saw repre-
sented—save one.

I am afraid numbers of our metropolitan tradesmen, in
connection with pursuits not absolutely necessory to one's
existence, are doing a hazardous way of business. Several
I might name—musical and fine-art people—have been
trying it on in the shape of lotteries with their various
stocks. Some will give you photographic pictures for a
toss ; others a grand piano-forte for twenty shillings ;
others, again, a gallery—l don't say galaxy—of engravings
for a very small subscription comparatively. Property,
to the extent of many thousands of pounds sterling, has
been set apart, in London alone, during the last three
months, for disposal in this way. The parties have sailed
wonderfully close upon the Lottery Abolition Act. They
have vigilant enemies in the London Art Union folks, and
one poor wight, two or three nights ago, was to have made
all Holborn vocal with his "pipes and strings," having a
drawing for I know not how many pianos. Up sent
PALMY two or three brace of policemen, and stopped the
drawing. Does a " Goose Club" come within the scope of
the act ?

What the National Gallery people are about, it would
puzzle a conjuror to tell. They are very close, and their
doors are closed to the public, though London is full of
visitors to overflowing. We are told the people inside the
gallery are cleansing—let us hope the walls only. The
authorities hint they are to open in a week or two in
grand style, with new presents ;—Who's the Dupe? is
the title of a capital drama. Meantime, Lord ONsLow
has revoked his fine gift of pictures, fearing the flaying
system. In truth, there is no place to put a new picture
in. I believe the skinning process has been put an end
to, and purchases will be fewer, and ordered with greater
care.

COMMERCIAL de MONETARY NEWS.

MONDAY NIGHT.

THE returns of the Bank. of England for the
week ended 15th of October, as published in the
London Gazette, of Friday last, show a decrease
in the stock of Bullion to the extent of nearly half
a million. This, at first sight, might be considered
a most portentous decrease, after the long drain
which has so sensibly affected the Money market,
but in reality the amount is rather favourable than
otherwise. It was the week for the payment of
the quarterly dividends, which usually consume a
large amount of the circulating medium, and the
effect will be seen upon reference to the changes in
the other items of the account. There was a de-
crease in the Public Deposits of £3,156,539, while
the increase in the circulation was £777,961, so
that a decrease in Bullion of only £477,615 was
less than might have been anticipated. The
Money market has, indeed, been very easy,
there being abundance for discount of good bills
at short dates, so that the fluctuations in the funds,
which have been of a downward tendency, are
owing to causes independent of commercial affairs,
which, for the present at least, may be considered
in a healthy state.

The more detailed statistics which have been re-
ceived of the last year's American Cotton crop show
that, notwithstanding the apparent increase in
quantity, the supply was not in excess of the de-
mand. The number of bales were greater, and the
average weight had also been augmented, but the
larger portion was of inferior quality, owing to
haste in picking, which is an important operation,
and as the demand was chiefly for the better quali-
ties, the apparent excess of stock represented a
quantity not readily available for consumption, and
which was still further increased by the additional
Imports of East India Cotton. The stock, there-
fore, though nominally larger when compared with
the previous year, was in reality deficient of quali-
ties most in demand, which accounts for the main-
tenance orprice in the face of apparently adverse
causes. There are many conflicting accounts as to
the probable results of this year's crop, upon which
there is much speculation. Some accounts state
that it is more than usually backward, and should
frost set in, which is not at all unlikely, it will be
below an average. Other accounts, on the contrary,
state that the prospects are favourable, and thatwith
a good season for picking, and a decline of the epi-
demic, which is rapidly abating, the crop will nearly
equal that of last year. Perhaps some credit may
be given to both statements, but it appears probable
that there will still be a large proportion of inferior
quality, owing to the contingency of weather, and
the difficulties which the epidemic must have
thrown in the way of the picking being efficiently
performed.
The following is a statement of the total product
of American Cotton during the last ten years, the
receipts at New Orleans, and the average price per
bale in each year

Total Crop of
United States.

1842-43
1843-44
1844-45
1845-46
1846-47

Receipts at Average Price
I New Orleans. per Bale.

Bales.
2,378,875 1,089,642
2,034,409 910,854
2,390,503 979,238
2,100,537 1,053,633
1,778,651 740,669

1847-48 .. 2,347;634 1,213,805
1848-49 .. 2,728,596 1,142,382
1849-50 .. 2,096,706 837,723
1850-51 .. 2,355,257 995,036
1851-52 .. 3,015,029 1,429,183
1852-53 .. *3,220,000 1,664,864

* Estimated

Of the last year's exports from New Orleans, con-
sisting of 1,664,864 bales, there were shipped to
Great Britain 922,086, being an increase of 150,846
bales ; to France 211,526, being an increase of

15,272 bales ; to the North and South of Europe
244,673, being an increase of 35,514 bales, and to
the United States ports 266,696, being an increase
of 10,2:50 bales.

The reports from the Cotton manufacturing
districts show a slight tendency to improvement.
wing to the more favourable account of the East
India markets, and the reduced amount of manu-
facture caused by the strikes of the operatives.
Yarns have advanced in price ; and, notwithstand-
ing the drawbacks from the still unsettled state of

the Turkish question, and the uneasy state of the
Money market, the trade may be considered in a
comparatively healthy state, as shown by the
improved demand in our own market. In the
Woollen districts, however, there appears to be
considerable depression, and it is expected that
prices will go lower.

The return from the Bank of England for the
week ending the 15th of Oct., gives the following
results, when compared with the previous week :
Public deposits ... £3,700,859; Decrea5e23,156,539
Other deposits ... 12,664,226; Increase 1,030,539
Rest ... 3,161,161; Decrease
On the other side of the account—

529,958

Government securities £12,455,161; Increase £116,078
Other securities . 17,425,089; Decreasel,sl6,46o

Notes unemployed

5,012;490; Decreasel,349,4lo

The amount of notes in c' ircu' lation is £2067,385,
being an increase of £826,820 ; and the stock of
bullion in both departments is £15,271,474, showing
a decrease of £477,615, when compared with the
preceding return.

- Thereehas been no new feature in our SHAKE
MARKET this week, with the fluctuations of prices
very slight. Stock continues very scarce, barely
sufficient to supply the small demand for invest-
ment that exists, while speculative sellers have still
a very large account open, in the hope of a calamity
in the shape of war or extreme prices of food.
Guaranteed stocks are rather more offered ; local
stocks very steady. We annex this day's prices :
Caledonians, 20 ; Lancashire and Yorkshire, 611
London Stock, 1011 c 1011 ; Midland Stock, 58f ;
Dover Stock, 174 17 5-16 1.

COTTON.—The market has shown considerable
improN ement, owing to the advices from America
being still unfavourable as to the present crop, and
the necessities of manufacturers compelling them
to purchase ; while the quantity taken on specula-
tion has been more than a fair proportion. In the
week ended on Friday last, the total sales were
45,720 bales, of which 8,120 were on speculation
and 4,690 for export, leaving 32,910 for the trade.
The advance in prices may be quoted at 1-B€l to
3-16 d dearer since the departure of the Arctic. On
Saturday the sales amounted to 6,000 bales, in-
cluding 1,000 for speculation and export. TO-DAY,
the market was genet, notwithstanding the advices
by the America were still unfavourable as far as
concerned the new crop. The sales reached 6,000
bales, of which about 1,000 were on speculation
and for export, and prices are without change.
The followinc, is a comparison of present rates
with those which ruled this time last year :

New Orleans, middling
fair
Uplands, middling
fair

1852,
6d.
61d.
sid.
_6ld.

1853.
od.
7d.
5 13-16 d,
64d.

PRODUCE.—The market during the week has
been very steady, and prices of most staple articles
have been fairly maintained. TO-DAY the holders
of Sugar having submitted to rather lower prices,
the sales have been more extensive, consisting of
250 hhds. Trinidad at 325. to 335. 6d., 80 hhds.
Barbadoes at 325. 6d. to 375. 6c1., and 50 hhds.
Antigua at 325. 6d. to 35s 3d., chiefly for outports,
and 75 hhds. Cuba Muscovado at 325. 3d. to 345. 3d.
per cwt. There are no transactiims to notice in
Molasses. Of Rum, 65 puns. Trinidad have been
sold, to arrive, at 2s. 6d. per proof gallon. We
have had a large business doing in most descrip-
tions of Congou Tea, at full prices ;: common is
quoted firm at 114 d. to Hid. per lb., with few
sellers. Arracan Rice continues in demand, the
sales since Friday amounting to nearly 14,000
bags, at 12s. to 12s. 3d. per cwt. Of the Dye-
woods offered by auction this morning„ only 80
tons Campeachy were sold at £8 ss. per ton.
WooL.—The business of the week has again been
very limited, consequently there are no transactions
of any moment to report, and, as holders are not
over anxious to force sales, prices may be considered
nominal. Until the warlike aspect of the political
world becomes more peaceable and settled, we can-
not expect to see any particular reaction fiom the
" hand-to-month principle." Stocks of all descrip-
tions are now very extensive, and likely to continue
so for some time. Public sales will take place to-
morrow, Thursday, Friday, and Saturday, when
about 3,000 bales, chiefly East India and damaged
Alpaca, will be offered. Imports for the week 4,192
bales. The last series of London Colonial Wool
sales for the present year commenced on Thursday
last, with a full attendance of both home and con-
tinental buyers, and for good Wools there was a fair
competition, but inferior kinds sold heavily. The
prices obtained are lower than the July sales by
1-Id. to 21d. per lb. The quantity which it was
expected would be offered was 58,000 bales, subse-
quently it was agreed to withdraw 10,000 bales.