The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-07-05 00:00:00

COMMERCIAL AND MONETARY NETT-S.

MONDAY NIGHT.
THE monotonous dulness, relieved only by de-
pression which has prevailed both in monetary and
commercial affairs, has been mainly, if not solely,
owing to the continued uncertainty as to the termi-
nation of the dispute between Russia and Turkey.
The Emperor Nicholas refuses to abate any portion
of his demands, and threatens occupation of the
Danubian provinces in the event of refusal. The
Sultan of Turkey avails himself of the time allowed
for deliberation, consults his allies, and receiving
assurances of support from France and England,
refuses to accede to the demands of Russia. So
the matter rests, and until something definitive has
been ascertained, it is not likely that we shall experi-
ence any resuscitation of activity. Notwithstanding
the threatening aspect of affairs, if we may judge
by the recent account of the movement of large
bodies of Russian troops, we still adhere to our
previously expressed opinion, that the dispute will
be brought to a termination without a resort to the
last appeal. The English and French fleets have
both reached Besika bay, where they await the in-
telligence of Russia having invaded the Turkish
territory, in order to pass through the Dardanelles,
into the Black Sea; but of what avail will they be as
a protection against operations on land ? Russia
also denies that the occupation of the Danubian
provinces would be a declaration of war, as she
claims to do so by treaty; and as this could not
easily be resisted, it seems not improbable that
Russia will fulfil her threat by going thus far, and
that means will be taken by some of our clever diplo-
matists to prevent any further explosion. That this
view is generally entertained, may he judged of by
the general firmness with which the public secu-
rities have been maintained, Consols having but
slightly varied until the close of the week, when
there was a sudden fall, owing to a doubtful report
of the Russians having entered Jassy. Prices have,
however, since rallied, though we cannot expect to
see any sensible improvement until affairs have
been placed on a more satisfactory labia. There-
turns of the Bank of England again show a small
increase, and money for commercial purposes has
been easy, so that business on the whole may be
considered satisfactory.
In the manufacturing districts, notwithstand-
ing the continuance of the strike at Stockport
and Blackburn, and the discontent which pre-
vails among the operatives on the question of
short time, prices have been firmly maintained,
and the unsettled state of political affairs has not
prevented even a rise in Yarns and wholly manu-
factured goods. The Manchester spinners have now
discovered the folly of trusting to the advice of their
Guardian, and are compelled to come to a rising
market in Liverpool, owing to their short stocks.
This accounts for the large sales in Cotton and the
firm prices, which would have been still higher but
for the causes already alluded to. In the Woollen
districts the complaint is still of the high prices of
the raw material, and business is confined to actual
orders, which, however, are to a fair extent. Reports
from other seats of industry are as favourable as
might have been anticipated.
The Quarterly Returns of the Revenue will be
made up to Tuesday evening, and published on
Wednesday morning. It is anticipated that they
will show a considerable increase on the Quarter as
compared with the corresponding period of last
year, and arising from Customs, Excise, Stamps,
and Post-office, tempered by a slight falling off in
Taxes and Property Tax. Upon the year's account
there is expected to be an increase in all the items,
and the general results are counted on as moat
satisfactory. Some increase in Customs has, no
doubt, been occasioned by the large amounts re-
cently
paid on Tea, while the general commercial
activity has added to the receipts for Stamps and
Post-office.

Our SHARE MARKET has again been extremely
dull all week, with prices ranging in a very narrow
limit; in fact, the real business has been all but
nominal, the few quotations made having been
those of dealers almost without exception. To-day
the more alarming intelligence from the East has
given boldness to the bear party, who have made
some rather extensive sales. We annex the quota-
tions :—Caledonians, 331 ; Lancashire and York-
shire, 761 761 gr 1 I ; London Stock,
1141 141 14 ; Midland Stock, 70 1; Dover
Stock, 20.
The return from the Bank of England, for the
week ending the 25th of June, gives the following
results, when compared with the previous week :
Public deposits .. £5,532,113; Increase £916,282
Other deposits .. 12,332,410 ; Decrease 842.109
Rest .. .. 3,116,211; Increase 1,679

On the other side of the account—
Govern went securities £13,118,010; Decrease 5,900
Other securities .. 13,705,389 ; Decrease 4,418
Notes unemployed .. 9,563,325 ; Increase 143,110

The amount of notes in circulation is £22,631,560,
being a decrease of £64,220 ; and the stock of
bullion in both departments is £18,665,289, show-
ing an increase of £29,463, when compared with
the preceding return.

ISSUE DE:
Notes issued .. £32,194,885

'ARTMENT.

Govrnt. Debt.. £11,015,100
Other securities 2,984,900
Gold coin & bu1n.18,175,731
Silver bullion .. 19,154

£32,194,885

£32,194,885

BANKING D
Prop.'s capita1.£14,553,000
Rest
Public deposits. 5,532,113
Other deposits. 12,332,410
7.day, &c. bills. 1,323,394

£36,857,128