The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-02-01 00:00:00

1,583
1,337
770
502

'Stock Ist
Jan. 18471 Imports.

Maryland, hhds,
Virginia, „
Kentucky, „
Stengel, „

Imported

524,000 524,000 1,120,000 1,1
2,115,000 2,115,000 2,300,000 2,:
25,000 25,000 1,000,000 1,1
1,490,000 1,660,000. 1,850,000 2,
1,616,000 1,676,000, 1,750,000 I,'
4,540,000 1,700,000 3,620,000 4,1
500,000 ....

1,790,0001

600,000: 2,260,000 I LI

12,600,0001 11,300,000 13,900,000 113,

1,700,0001

2,000,000

15,900,0001

15,900,000

12,300,00 q

144,00,000

2,000,000

1,500,00(1

' FINANCIAL AND COMMERCIAL SUMMARY.
The upward movement of the public securities, both
English and foreign, has continued during the week, and
consols at the close may be quoted within a shade of 90.
The market NS as slightly influenced on Thursday by the
announcement by the bank of a farther reduction of in-
terest to 4 per cent. The effect, however, of this indica-
tion of a desire to discount has not been so great as it
would have been, owing to the fact that private capitalists
have been for some time past doing business at that rate
and even less. There is a plethora of money in the mar-
ket ; and there being no commercial operations going on
of magnitude sufficient to employ it, parties are seeking
other investments wherever they can be found. The rail-
way share market has been largely resorted to, and prices
of most stocks may be quoted higher. It is remarked,
however, that the stocks of some of the old companies
are avoided, as the feeling is very general that they have
been injured as paying investments, and are likely for
some time to come to yield less dividends to their share-
holders, by the injudicious manner in which, during the
late mania, they encumbered themselves with rival pro-
jects, for which they had to pay extravagant prices, either
in the shape of premiums or guaranteed dividends to the

projectors.
The leading discount-houses in London have reduced
their rate for money at call to three per cent. The most
extraordinary circumstance is, that whilst the above fact
conveys the idea of money being now a perfect drug in
the market, not one commercial bill in six drawn for the
purpose of carrying on the internal trade, can be discount-
ed on any terms whatever. On the other hand, the small
fraction of paper considered unquestionable, is regularly
canvassed for by the bill brokers on behalf of some of the
banks and other capitalists.
Several commercial failures have been announced during
the week; and the Gazette continues to present an un-
usually long list of bankrupts, On Friday the' failure of
Messrs. Bertram and Parkinson of Newcastle, general
merchants and brokers, was announced by themselves by
circular to their connexions. The liabilities are said to
be between £150,000 and £200,000; and the concern
will have to be wound up under the Bankruptcy Court.
The liquidation will depend upon the amount of the divi-
dends paid by several large houses in London and else-
where, with whom they did business, and is not ex-
pected to be very favourable. An East India house in
London also, Messrs. John Brightman and Co., is an-
nounced as having suspended. Their engagements are
not expected to be large, and are almost entirely on ac.
count of a sugar factory in India. A small failure has
occurred in Manchester; and rumour is diligently pre-
dicting more, but we are glad to say, without any suffi-
cient grounds.
A slight revival in commercial affairs generally is ob-
servable both in London and in our own port. The colo
nial markets especially have been firm throughout the•
week. The sales of sugar in London have been at an
advance of Is. to ls. 6d., very little being brought forward
at these prices. and buyers willing to operate. There has-
not been much doing in coffee, but prices are firmly main-
tained. In Liverpool the improvement is even more
marked. We have had a brisk demand for all descriptions
of sugar, and ls. 6d. to 2s. advance has been freely paid.
A more cheerful tone is generally prevalent.
A gratifying: feature, which we have to notice, is the an-
nouncement of the immediate resumption of business by
the North and South Wales Bank,—an announcement
which will be hailed with gratification not only by its
friends in Liverpool, but in every place throughout the prin-
cipality, where it has a branch established, and will set to
work a large amount of suspended industry. The Liver-
pool Banking Company does not offer us so flattering
a picture, although during the week they have come to an
arrangement with their depositors to liquidate their claims
at three instalments, the first payment of 6s. Bd. in the
pound to be paid in cash on the 10th February, and the
remainder, with interest, in bills payable on the 6th Au-
gust and Ist December, 1848. The conduct of the ma-
nagement is very freely animadverted upon, and the ar-
rangement offered has only been accepted as the best
which could be secured.
The cotton market was rather dull at the commence-
ment of the week, but improved towards the close, leav-
ing ofl firm at fully the prices of last week. The sales
were 25,570 bales, all of which, except 500 bales, were for
consumption. The imports were 21,106 bales. The clos-
ing prices given by the Brokers' Committee, on Friday,
were for fair Bowed, 41d. ; Mobile, 41d. ; and Orleans,

We have little improvement to notice in the market for
manufactured goods, which continues to be characterized
by great inactivity, although the tone of most parties is
rather more hopeful. Buyers operate very sparingly both
for the foreign and the home markets ; and are generally
pressing for a reduction in prices. There has been a little
done during the week in yarn and cloths suitable for the
Indian market.
Our Corn Market, although not overburthened with
supplies either from Ireland or foreign ports, has yielded
slightly since last week, Wheat on Friday being ld. to 2d.
per bushel below last week's prices, and only prevented
from going lower by the absence of any prospect of large
importations until spring is advanced, together with the
oraccorp of Int," 9r." c----"n•-•
were 4,500 qrs. Wheat, 1,011 brls. Flour, 2,709 bags. and
16,000 bushels Indian Corn, and 1,600 qrs. Barley. From
Ireland we have had 93 tons, 933 sacks Wheat, 112 tons,
2,585 brls., 652 sacks Oats, 3673 bags Flour, 50 tons,
2,003 loads Oatmeal, 36 tons Barley, 16 sacks Peas, and
20 sacks Beans.
The return from the Bank of England for the week
ending the 22nd of January gives the following results
when compared with the previous week :
Public deposits .... £4,082,448 Decrease
Other deposits .... 10,774.870 Increase
Rest .... 3,726,364 Increase.
On the other side of the account,—
Govmet. securities, £11,464,665 Increase £261,312
Other securities, 14,510,363 Decrease .. .. 744,573
Notes unemployed, 7,447,385 Increase .... 294,985
The amount of notes in circulation is £19,111,880, being
an increase of £17,280; and the stock of bullion in both
departments is £13,176,812, showing an increase of
£353,210 when compared with the preceding return.
The following Table contains the Stocks of American
Tobacco held in Bremen at the commencement and the
close of the last two years, with the Imports and Sales

41252,232
98,682

Stock, 31st
Dec. 1847.

18461184711846.11847. -1846.-118474-.1846. 1877,

i_____-
i
5922',8919 26785'31743 23788 20681 8919'9981
2155 2085 2386 911 2456 2079 2085 917
3340 2260 5028 3816 6099 5013 2269 1072
1330 2706 6092 6788 4716 8038 2706 1456

Sold. Imported. I Sold,