The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-12-05 00:00:00

telling the ten thou-

sand pound;, which he has
way company at 4 per cent. interest, to Samuel Jones
Loyd, or some other bullionist, for seven thousand five
hundred pounds!
A depreciation of ten per cent i
property of the nation, estiicate•
sterling, because £30,000,000 in

to a so

vent rai

the value of the entire
L 1!; F:IN £5,000,000,000

Cs • • •
within the year in the shape of railway calls, which 'will
be expended in labour and commodities, to create addi-
tional property, and returned to the banker within a
week after it has been so paid !
No. 4.—What ought to have been the effect of the ex-

tension of our railway syste

power of consumption given to

A. large increase of the realized capital of the country,
by the conversion of capital producing only from two to

three per cent. into rai

;ray property—;

till capita;

pay-

Rye to ten per cent

real cause

on, no

descri,

ration of proprert

induct-

suse, precisely at the time when, from the increased
by of the industry and the enterprise of the country,

an increases

amount q

LATEST FROM AMERICA.
ARRIVAL OF THE STEAM-SHIP AMERICA

The Royal Mail Steam-ship America, Captain Leitch,
arrived here yesterday about noon, from New York and
Halifax. She left the former port on the 22nd ult., and.
Halifax on the 24th. She has brought fifty-four passen-
gers, amongst whom is Mr. J. L. Clarke, who is a bearer
of despatches.
The Steam-ship Acadia arrived at Boston on the 18th
ult.

The demand for exchange for remittance by the stea-
mer was not very active. The best bills on London were
done at 84 to

A severe snow storm visited Boston and the neighbour-
hood on the 20th. The trains on the railroads were much
detained, and the snow was two feet deep on a level.
The official returns of the Presidential election had not
yet been received from all the States, but of course there

is no doubt of General Taylor's return. The following is
the official vote for the state of New York, as compared
with the election of 1844.

Taylor

Cass
Van Buren

218,551 1 Clay

114,592 I Polk..
120,519 I Birney

232,482

237,588
15,812

On the 21st ult. there was celebrated by a splendid din-
ner, at Irving House, New York, thetriumphant election
of General Taylor to the Presidency. The affair was at-
tended by over two hundred gentlemen, with several vi-
sitors from other States, all composed principally of those
persons who have aided more or less zealously in General
Taylor's election.

The new propeller steam-tug-boat Dragon was burnt to
the water's edge at Philadelphia, on the 19th ult. The
loss is SlB,OOO. The fire originated in the furnace-room,
the door of the furnace having been forced open by the
blower.
We learn from Yucatan that Yaxcaba has been reco-
vered by the government troops from the Indians with
little fighting. The place had been totally destroyed by
the Indians while in their possession.
A letter dated Boston, Nov. 21st, says, "the schooner
Olive, Capt. Oliver. from New Brunswick, bound for
Boston, went ashore during a gate yesterday. on Nantucket
beach, and all hands perished. Two of the bodies were
washed ashore this morning. The British brig Anglo-,
American, from Nova Scotia, is ashore on " Outer
Brenster." Her rudder has come ashore, but nothing is
known of the fate of the crew. The steamer Bay Sate
was disabled off New Haven last night. Her

passengers

List of passengers :—From- New York—Colonel Tho-
mas, lady, two children, and nurse, Mrs. Featherston-
haugh and daughter, Mr. H. S. Taylor and lady, Mr.
George Wright and lady, Mrs. Myers, Madame L. de
Gonzaga, Lieut. Tyssen, R.N.,. and servant, Lieut. Har-
per, R.N. General A. Dapny, Dr. Tobin, Don Francisco
Castillon,
Mr. G. T. Woodrooffe, Mr. J.A. Woodrooffe,
Mr. James G. Warts, Mr. John. Foster, Mr. Richard
Patrick, Mr. M. Connaly, Mr. Grant, Mr. Hawksworth,
Mr. J. B. Mearris, jun., Mr. Mearris, Mr. F. Focke, Mr.
T. Kumff, Mr. March, Mr. Samuel Haskill, Mr. P. L.
Ronalds, Mr. Hitchcock, Mr. Charles F. Shaw. Mr.
Curtis, Mr. M. Blain, Mr. Paterson, Mr. Alex. J. Ha-
milton. Mr. H. Brown, Mr. William Smith, Mr. Coghill,
Mr. B. Adaimian, Mr. J. Le Clark, bearer of despatches,
Mr. J. H. Phipps, Mr. Barry, Mr. William Campbell,
Mr. Lewis Mansergh, Mr. M‘Farlane, Mr. G-eo.ffaylor,
Captain Jobn N. Gittins, Rev. Martin P: Parks. From
lifax—Mr. Lewis Bliss.

NEW 'YORK,

Nov. 22,

The flour market was somewhat less firm to-day, with mode-
rate sales of this state. Oswego, and Michigan, at a slight de-
cline, in some cases, on yesterday's rates. A sale of fancy
Genessee was made on terms stated below. There was no
change in Southern. Wheat was hardly so firm. Sales of
Genessee and Western were made on terms stated below.
Corn was lower by about one cent per bushel, with moderate
sales. Meal remained the same. There was no change in rye

or oats-. The weather was more moderate, which lessened the
fears of a speedy closing of the canal. Prime pork firm, with
further sales at yesterdayrs prices; mess remained the same.
Beef continued firm. Sales of lard were made on terms stated
below. Groceries continued quiet, and sales light. For a re-
port of the cotton market we refer to the article below.
COTTON.—The demand to-day from sninntrs, joined to a
moderate inquiry from shippers. took off 1000 bales from the
already very reduced stock. Prices are fully ic. up on the
steamer's news, and repeated parcels sold establish an advance
of iths on good grades, especially Gulph Cotton. We now
quote— Uplands. N Orleans-.•

5-1 a 6
6fr a 63
61 a 63
63 a 6/
Fully Fair
Good Fair
Stock, 16,000 bales ; on sale, 3000 ditto.
The following are the movements of cotton for t
compared with last:—

Middling
Good Middling
Middling Fair
Fair

63 a6*
61 a 0-
64 a Gi
7 a 74
74 a 74
73 a 8

S season,

_
Fxports to Stock 8- on
Receipts. Gt. Britain. For. Ports. Sh)o.boord
1848 397,546 160,990 231,796
1847 235,9r,0 92,743 171,217
Increase 141,586 _ 70,247 60,579

FREIGHTS.-1,000 barrels flour•were engaged for Liverpool,
in an American ship, at 2/3. Beef in tierces at 4/, and 40 to 50
tons cheese at'3o/.

BUFFALO, Nov. 21, 1848.
Receipts within the past 24 hours.—Flour, 2,000 bbls. •,
wheat, 27,000 bushels. The flour market continues firm, with
a fair demand. We notice sales of 7,000 bbls. at 84 56 a
62a. In wheat there were sales of 10,000 bushels, including
Chicago, at 77c., and good Ohio at 91c. In freights there is an
active business doing, without change in rates.

ALBANY, Nov

21, 1848

Receipts within the past 24 hours.—Fkiur, 18,80.0 bbls. ;
wheat, 4,500 bushels ; corn, 13,000 do. ; barley, 8,300.-. The
market for flour is without change.

WEST INDIA MAILS.
ip Clyde arrived at Southampton

day with the usual West India mails. She left Jamaica
November 7th, St. Thomas, 14th, and Fayal, 27th. She
arrived here nearly four days oefore her mails were due.
The Jamaica House of Legislature was opened on the 27th
October by Sir Charles Grey, with the usual formalities.
In the speech delivered on that occasion by his Excellency,
it was intimatectto the House that the recent measures in
England for the alterations of the import duties on sugar
and rum, with the reductions effected in the wages of la-
bourers in Jamaica, would have justified the supposition
that the prospects of the sugar planters for the next twelve
months would be improved. were it not for the increased

difficulties in obtaining advances, which has necessarily
operated as an immediate and worse blow upon resident
proprietors than even the competition of foreign produce.
His Excellency then recommended the adoption of a sound
system of mutual credit and exchange, by which the culti.
vators should receive, on moderate and beneficial tering,
the pecuniary assistance absolutely necessary for produc-
tion and manufacture. To effect this desirable object his
Excellency recommended peace amongst the inhabitants
and the cultivation of kindly feelings, and the cessation of
the struggle going on with the higher powers of the em-
pire. The Governor further advised the House to observe

and foster any disposition of the mother country to afford
assistance, and to accept of loans from Great Britain, at
moderate interest, in the way provided for by act 11th and

12th Victoria, chap, 130. - -
The general proceedings of the Legislature and Assembly
were not of much importance. An address, in reply to
the Governor's speech, was voted.
The Jamaica Despatch gives the expenditure and ex-
ports of the colony, for 1848, from which it appears that
the former amounts.to £103,000, and the export 3 are
35,000 hogsheads only, besides the coffee and pimento;
that is, the grand staple of the island is worth only
£350,000, or £50,000 less than the expenditure; or, in
other words, for every hogshead worth £lO, they have to
pay £ll in taxes..

- The Demerara crop was estimated at 40,000 hogsheads
against £2OlOOO expenses.—A :commercial letter from

Demerera says, " The fatal effecfs of the stoppage of the
supplies' is already making itself felt and understood.
Within 10 days after the expiry of the Tariff of Duties
there had been, a loss of 565,000 upon. imports thrown

petted from the 25 per cent reduction of the civil list.
This loss has been transferred from the consumers of im-
ports to the producers of exports—the planters; at the
same time Barbadoes is pouring in her dry goods and pro-

duty-paid goods of the merchants, and lit
the market."

ise overstock

The weath

the crop

re—Calcutta, Oc
qovember 2.

s thus received

as, Oct. 24 ; and Bombay,

ThPre is no news yet of any E

;etive movement as re

raids the operations-on the n-orth-.

;t frontier of India

hat we shall hear of anythi

Dec. 5, 1843.

of strength in the Punjaub, and it serves to explain the
fact, which otherwise we should have to regret, that
General Which had not at once been supplied, as regards
the northern line of frontier, with any considerable rein-
forcement.

Our authorities in Western India, on their part, we are
told, had determined for some time past that only a gene-
ral and combined movement should be made by the troops
of the Western Presidency, and the effective division then
on the march might be expected at the seat of war coinci-
dentally with the arrival of the main body under Lord
Gough. There were advices that the head-quarters of the
Bombay division had arrived at Sukkur. One detachment,
with some artillery, had already left Roree. The Rifle
Brigade, under Brigadier Dundas, whose movements up-
wards from Kurrachee had been so long spoken of, was in
motion on the Indus, and, with the European regiments
of the division, might be expected to reach Upper Sands
at the end of October. It was expected that Jacob's
Scinde Horse would cross the frontier immediately on the
arrival of the first detachment from Roree above alluded
to. and they would proceed together to the camp of Gene-
ral Whish.