The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-01-30 00:00:00

HOUSE

The time appointed for the Speaker to take the chair to-day
was 12 o'clock, but 'shortly before that hour the house met and
transacted all the business before it. The reporters' gallery
not being opened, we are indebted to the kindness of Mr. Rick-
man (sec,ind clerk of the houie) for the following brief account
of the proceedings :

CANADA BILL.

Mr. BEIINAL brought up the report of the committee on the
Canada Government Bill, which was agreed to.
be motion or G tittEv .1" —""--
t,p"""'"
iasignt wereftigreeu to. anti rie on ordered to tie repttuted,
aticl.read a third, time on Monday.
The house, attei sitting a few minutes, adjourned,

COMMERCIAL INTELLIGENCE AND MONEY.
MARKET.
(From the Sunday Times.)

CITY, SA TURD A Y.—The mercantile intelligence received from
the United Slates to the 26th tilt. is of some importance. The
merchants of. America appear still but little inclined to enter
into any large operatious. The importation of foreign goods
bad been very limited, especially riming the two months pie-
viously to the dale of the present advices. It was e%peeied,
however, that a great increase of importations from Engiand
would take place into New Yolk during the present month.
The trade would be much faciMated by the reduction of one-
te .ith of the duties on most impoited which took place tin
the Ist instant. One of the latest letters from New York ob-
serves, " The orders sent out for spring goods to England and
France are very limited, as many of those who formerly import-
ed largely had not now funds to send with them, and m iihout
which the British manufacturers would be in no haste to execute
orders. While, therefore, our merchants are contracting fur
new engagements, we have a large crop of cotton going, forward
to Europe, for the cost of which the southern merchants are
drawing largely on this city, thus accounting fur the tall in ex-
change. The business in bills is very limited, and the fall iu
exchange has put an end to exports of specie to England. The
rates are now so low that we may expect, soon large imports of
precious metals; it would yield at the present rates a handsome
profit to shippers from Europe."
Capitalists in America were most anxiously waiting to as-
certain the measures to be proposed in the legislature fur the
relief of the community, especially as regards the banks, the
usury and mortgage laws, and the- acts restraining the banks
of the States from issuing small bills. It was generally believ-
ed, that the-resumption of specie payments by all the principal
banks was not far distant. It was said, that one-halt the profits
of the hank of the United States, in the loans made during the
late panic on English and French bills, would mute than cover
the losses of the concern.
The state of the markets for East India produce, at the corn-
menceineut of the present year, was satisfactory. Of indigo,
however, the stock has rather increased; the quantity nu the
public warehouses, at the conclusion of last year, being 25,970
chests, against 22,340 chests in the corresponding period of
1836. Tne result of the recent quarterly sales, however, show
'that the importers are pretty confident that prices must advance
in the spring, the continental mark.ets, as well as the_ manufac-
turers at hotne, being supplied-only to a limited extent. That
this is the feeling may be gatheied from the fact, that out of
8 000 chests which have recently been submitted for sale, the
importers bought in very nearly two-thirds of the whole quantity
declared for sale. A considerably improved demand is antici-
pated in the spring. The stock of East India cotton in the 11,111
of London is considerable, amounting to 36,900 bales of Bom-
bay, 9.700 of Bengal, and 11,230 bales of Surats.
'the prices of grain are materially influenced by the state of
the weather. The supplies have been of necessity exceedingly
slight, and the high prices demanded have induced the millers
to refrain from purchasing, except to meet the most pressing
wants. The quotations of foreign wheat in the markets of Ame-
rica do not offer touch inducement to export foreign grain front
hence at present.
Much firmness bas been displayed by the maiket for the
English securities, which were increased by the cheering news
received from Canada of the check, given by the forces, under
1.0“,
thz ricuch party ia mite k1i.)"4..--11-) intelligence of the defeat
of the rebels at•the Grand Bride and St. Eustache, raised the
prices to the extent of -4 per cent. But for that opportune ar-
rival of the advices froin4Canarla, %be prices would have declined,
as these was a much beitersupply of money stock in the diddle
of the week than previously; as it was, a re-action of about
to per cent took place yesterday, but the higheSt value or the
week was again given esterd4y, Consols have risen front 911
to 92i1 fur account ain't money, and were yesterday after noon
at these prices. The improvement in Reduced Annuities has
been from 92 to 921 in the Three-aud-a-Half per cents from
in the New
100 to 1001 Stock from 991 to 1001 in Bank of
, '
England Stuck from 206 to 2064, and in East India. Stuck [ruin
234 to 2644. The premium of Exchequer Bills has been up to
60, and on India Bonds to 54 55, -
With the exception of a slight movement in Spanish Portu-
guese, and Brazilian Stock. the business done this week in the
Foreign Bond market has been trifling,. The prices of Snanish
bonds have risen 9' per cent, on the report that the French
ministry are about to make advances to Spain to relieve the
financial difficulties to which the latter is reduced to. It is not
known in which way so desirable a project is to be effected.
The Bonds have not risen above 191. A contrary movement.
has taken place in Portugue,e, the Fiveer Cent Binds having
fallen from 29.1 to 274, and the Three perp Cents riom 19 to 171
'the intelliaence received' from Portugal is anything but satis-
factory. The public departments appear to be in a most ineffi-
cient state, and the collection of the revenue, in many places,
almost impossible. The price of French Stock has improved;
the Five per Cents to 1001. 75 c., and the 'lwo per Cents to 80,
Exchange, 251. 50c. In Belgic Stock purchases have been
made at 11)2; iu Russian at 1121; in Danish, at 741; in Dutch
Five per Cents, at 103 k ; these rates showing au advance of
from 4to 4 per cent. in the course of the week. Brazil Stock
rose yesterday front 72 to 731. The news from Pernambuco
represents that place as remaining tranquil. Mexican Stock
has rallied from' 54 to 26, soil Colombian to 25.
The mania for speculating in shares is on the increase : the
quantity of business done this week is very great indeed. "The
htahest prices of the principal lines of railway have been as
follows, but yesterday a slight fall took place: the Birmingham
and Derby have been at 17, or 3 dis.; the Great Western at
82, or 19 prem.; the Brighton at 81, or 31 prep.; the Black-
wall at 44, or II prem.; the London and Birmingham at 161,
or 74 prem.; the Southampton at 401. or 914 dis.; the New
Shares at 224, or 174 prem.; the Greenwich at 17, or 3 dis. ;
the Croydon at 231 or 21 prem.; the Manchester and Leeds at
26. or 6 prem. ; the Manchester and Birmingham at 101, or 34
prem. ; the North Midland at 25, or par; and the York and
North 'Midland at 6, or par. The rise on sonic of these shares
has been rapid. The-Canada Land Company's Shares have
rei.ehed 33, or 5 pi ein. • the _British North America Bank
Sli.res, idler -reaching 261, fell to 251, or 4-prem. London
Joint stock Ba, k Shares command 7, or par.
HALF-PAST TWELVE.—The Suldons, which brings advices
from New York, to the 2d. instant, has been met by the packet
dispatched by government, and had her letters conveyed to
Liverpool. these have reached town, but the papers have no,
yet arriced.

The trial of the prisoners committed to the gaol of Montreal,
on the charge of high treason, appears to be very near.
The evils of interference in the quairels of foreign powers
are therein very accurately set forth, and very unfavourable
results are stated at► likely to ensue to the United States, in the
event of her taking_any part in the struggle.
The reports of the defeat of Sir F. Bond Head at Navy
is'and is not believed,. •

The price of Cunsic;ls has nal!, slightly receded. little credit
being put.upon the news from Upper Canada, coming, as it dues,
through the American papers which reported the total defeat of
Colonel Wetheralk, at St. Charles. Consols have only fallen
to i per ceet., the value both fur money and account being
92 to 4. Exchequer maintain the premium of 581 to 601 pre-
mium. Bank Stuck is worth 206 to 36, ; Iteduoed 34 per Cents
fetch 1004.
In Foreign Bonds there has not been much business done.
Portuguese New Bonds commenced 2812, Spanish Consuls
have declined to 194, and Brazilian Bonds are worth 73.
Shares up to. this hour have not varied.