The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-08-01 00:00:00

REMEDIAL SUGGESTION FOR IRELAND.

But the measure which, in our judgment, is of all others
required for the relief of Ireland, is a measure for EFFECT-
ING THE SALE OF INCUMBERED ESTATES. There is a
bill now before Parliament, which is, to some degree, con-
nected with this subject. It originated last year in the
House of Lords, and is now once more before the Com-
mons.
This bill as it originated in the Lords (what alterations
it may receive in the Commons we know not), is calcu-
latedto
required. Ti
beoigreat servicel; greati b
t,ojobject however,
to far short of
what s be falls
attained, as we
have more than once intimated in this article, is that the
proprietors of the soil shall have the full and entire exer-
cise of every legal right of ownership ; that they shall be,
in the fullest sense of the word, independent ; that they
shall not continue, as they now are, mere nominal posses-
sors of large estates, without interest in them, or control
over them ; that the improvement of the land shall not be
impeded ; that the advancement of the tenantry shall no
longer be retarded, by the condition of the owners of the
soil. The greater number of the landed gentry of Ireland
are now so heavily encumbered, that it is quite impossible

Tun Iftisn REBELS.—The London Times has lately
spoken of the proceedings of the repeal leaders as if they
were of rather a formidable nature, but yesterday our
contemporary spoke of them in the following altered
tone :—" O'Brien has not a chance. Would that our
words could reach him, and would that he could listen to
them ! Let him giye himself up at once, and compro-
mise for lodgings and light work at Bermuda. As for the
other rebel chiefs, Doheny, it is said, follows the fortunes
of O'Brien, and by his want of respectability contributes
to the premature decay of the royal cause. No one
appears to know where Meagher is flourishing his sword,
but if he is fighting anything, it must be the air.
Dillon is equally inconspicuous. Lolor, the hero of
Holycross, has been an ested. O'Reilly has surrendered.
The rest are all hiding. Little will be heard of them for
Borne time, except in the Hue and Cry."

Monday Night.
We have got pretty well over the difficulties of the past
week; and a tolerably firm feeling prevailed on 'Change
to-day, as will be seen from the detailed report subjoined.
English funds have been somewhat depressed during the
week, but the lowest price for Consols was 854, which they
touched on Thursday. They opened on Saturday at 864,
and during the day, owing to the delay on the part of the
insurgents in Ireland in provoking any actual conflict,
together with some rather improved accounts of the po-
tato crop of that country, they experienced an advance of
a half per cent.—Two failures were announced in the
Stock Exchange, one in the share and one in the English
market, but the amounts were not important. The
foreign stock-market has not experienced much altera-
tion, but, influenced in a degree by English securities,
prices were slightly firmer towards the close of business.
Irish affairs have very much depressed the SHARE
Market during the past week, and until Saturday we
had a great preponderance of sellers. On that day, how-
ever, and to-day, the more favourable news and the pros-
pect of finer weather, have produced a change, and we
have had several good buyers at advanced prices. There
is a general impression that prices are very unduly de-
pressed in this market, and we think should there be a
continuance of fine weather and no serious disturbances in
Ireland, (which we do not apprehend), that a very consi-
derable rise will take place. Royal Assurance Shares
have declined 5 per cent, from a rumour that the directors
have resolved to pay only 2s. per share. This has given
great dissatisfaction to the shareholders, who think them-
selves entitled to a better dividend. They have incurred
the risk and responsibility of holding the shares through
these troublous times, and think it only just that they
should receive the full amount of profit secured in such
times. There is a talk of an amendment, proposing a
bonus in addition, being moved at the meeting on Thurs-
day, which appears likely to be carried.
The CorroN market, having recovered from the preju-
dicial effect of the unfounded reports from Ireland, closed
on Friday at about the quotations of the previous week;
and although the lower qualities of American declined a
trifle, it did not amount to a quotation. There was
a fair business transacted on Saturday. The sales
amounted to fully 5,000 bales, nearly all American, to the
trade: prices continued unchanged. There have been
a fair attendance of consumers here TO-DAY, and in the
absence of further " untoward" reports from Ireland, the
market has resumed a steadier appearance, holders con-
tinuing firm, so that the quotations of Friday have been
more easily realized again, particularly for the common
and middling class of American, which still almost entirely
engross the attention of the trade, whilst the good medium
qualities are almost wholly neglected. East Indian in
fair request, and prices very steady, with a poor selection
on view. The sales are estimated at from 6,000 to 6,500
bales; some little for export. Imports come in pretty
freely, and we shall make a fair show for several weeks
yet.
The harvest is going on swimmingly in the South of
England, up to Shrewsbury, north of which the fields are
still looking a little green, and the crops are everywhere
looking well, though, generally speaking, somewhat
thin. The English markets, however, generally con-
tinue on the advance for Wheat and Flour, which has
the effect of rendering TriE TRADE HERE firm, but
without any important change in prices. The imports
into this port since Thursday are :—Wheat, from Ireland
70 qrs., coastwise 10 ; Barley, coastwise 24 qrs.; Oats,
Ireland 75 qrs. ; Beans, Europe 2283 qrs. ; Indian Corn,
U. States 3826 qrs. ; Indian Corn Meal, Ireland 40 brls. ;
Flour, Ireland 350 sacks, coastwise 18 brls., U. States
52 brls. Exports:—Wheat, Ireland 200 qrs., coastwise
12 ; Oats, coastwise 150 qrs. ; Beans, coastwise 12 qrs. ;
Pease, coastwise 50 qrs. ; Indian Corn, Ireland 4486 qrs. ;
Indian Corn Meal, Ireland 790 brls. ; Flour, Ireland 230
sacks 670 brls., coastwise 160 sacks 285 brls.—The Wheat
trade in London is steady TO-DAY, at about last Wednes-
day's prices. Barley, Beans, and Pease about is. dearer.
Oats 6d. to is. per qr. dearer.—We have received better
accounts of the POTATO crop. The following extracts
from well-authenticated Irish letters, only one of which
is of an unfavourable tendency, we here subjoin :
Limerick : The reports from the country tend to allay
the apprehensions which the first symptoms of disease in
Potatoes excited, as to the safety of the crop ; and it is
certain there has been little observable extension of the
malady to previously uninfected plants, and that the dis-
eased have rather recovered than retrograded.—lroughal:
Potatoes are getting no worse with us. There was a large
1 delivery to market to-day, of excellent quality, price sd.
to fid. per stone.—Cork : The Potato market is largely
supplied ; the size and quality are very good, at 7d. to Bd.
per wt. of 211 b.— Villierstown: The Potato crop in this
neighbourhood as yet looks as well almost as could be
wished ; however, an odd stalk could be found with
symptoms of disease.—Belfast : Reports still prevail as
to the Potato crop being touched by the disease of 1846,
and I am sorry to say some better authenticated cases
have been spoken of than had appeared hitherto this
season.

Since Thursday last the SUGAR market has presented a
much more lively appearance. Holders are less anxious
to realise, whilst the grocers have been and are still buyers
on fully previous terms. The sales made are very fair,
and stiffer rates obtained.-Rum is more in demand, and
purchases cannot be made unless at an advance on former
prices.-Saltpetre continues very flat.-A large business
has been concluded in Rice : the sales, including to-day,
are fully 14,000 bags at 9s. 9d. to 11s. 6d. for small broken
to mid. white Bengal. There arefurther orders unexecuted.
-In the London markets the business of the week has
been upon a moderate scale, and, with the exception of
rice, in which there have been considerable fluctuations,
prices generally are without alteration. The sugar mar-
ket has shown a more settled character, and, although the
duty question still remains to be discussed in Parliament,
buyers have come forward with more freedom than during
last week, and in some descriptions have purchased largely.
AMERICAN Lard has taken a turn towards higher prices;
and owing to the lightness of stocks, and the competition
last week amongst country buyers, an advance of from 2s.
to 3s. per cwt. has been realised on all qualities except
inferior and Grease. We have no alteration in the range
of quotations for Bacon, although the business, which has
been considerable, has been mainly confined to inferior
descriptions. The market has been cleared of Hams in
dry salt, which are much wanted ; a few hundred packages
in pickle have been sold at 235. to 325. per cwt. Shoulders
are scarce, and fetch full prices. It will be seen from the
subjoined quotations, that the value of " Prime Mess "
Pork has receded from 40s. to 605., to 365. to 555., and
" Prime " is a shade lower ; in " Mess " holders display
more firmness, and previous prices are maintained. Beef
still continues scarce, and full prices have been realised.
Very little doing in Cheese. Prices Current :-
Cheese-(duty paid)-Fine, -s to -s per cwt. ;
40s to 43s ; ordinary, 35s to 38s. Beef-U.S. (free)-Prime
mess, per tree. 30411.' 85s to 92s ed ; ordinary, 80s to 83s, old
40s to 60s; extra, India, family, &c., 97s to 105 s; ditto, per
half-barrel, 28s to 35s ;-mess, per barrel, 200:b., 50s to 56s ;
ordinary, 40s to 465, old 36s to 40s; prithe, 38s to 40s. Pork-
U.S. (free)-Prime mess, 36s to 535, old -s to per barrel,
2001 b. ; prune, 33s to 365, old 33s to -a; mess, family mess,
&c., 42s to 50s, old 40s to 455. Bacon-(free)-Eastern, -s to
-s; western, 28s to 455; shoulders, 22s Od to 24s Od, old -s
per cwt. llama-Dried, (duty paid,) 35s to 42s per cwt. ;
ro salt, (free,) 25s to 325. Lord-(free)-Fine, in kegs and bar-
rels, 428 to 448 per cwt. ; good, in do. do., 39s to 41s; ordinary
to middling, 36s to 38s ; inferior, and grease, 30s to 355.
Soda B:scuit-(duty paid)-26s to 28s per cwt. Pilot Biscuit
-(duty paid)-155 to 20s per cwt.
IRISH Butter has been more in request this week; the
sale of best southern brands, however, has been somewhat
retarded, on account of holders wanting more money ; but
good northerns have been disposed of freely for shipment ;
the trade in landed parcels is not brisk. There is little doing
in Irish Bacon, and Hams are only in moderate request.
The following are the prices this .day (landed in Liver-
pool) :-Butter : Waterford, new, 80s. to 84s. ; Kilkenny,
Carlow, and Clonmel, 80s. to 84e. ; Carrick, new, 795. to
82s. ; Wexford, Carlow, 80s. to 82s. ; Belfast, 80e. to 82s. ;
Ballymoney & Coleraine, 78s. to 80s. ; Banbridge, 78s. to
795. ; Newry and Dundalk, 725. to 765. ; Londonderry,
765. to 78s. Bacon: Long Middles, free from bone,
new, 565. ; Short Middles, free from bone, new, 575.
Haw : Dry, 655. to 725. Lard Fine Keg, 50s. to 525.
Arrivals for the week ending this day : - Butter, 5895
firkins, 1894 crocks; Bacon, 135 bales; Lard, 2 tierces,
50 kegs.
The arrivals Of TIMBER from British America during
the month consist of 44 vessels, 22,878 tons, which com-
pared with same period last year, show 25 vessels, 15,329
tons, more this year than last, and, in like manner, com-
paring the total import in each year since Ist February,
there appear to be 28 vessels, 22,150 tons, more this year
than last. But it should be borne in mind, that last year's
was less than an average import. The business of the
month opened with a firmer feeling for square Timber,
more particularly for St. John's Pine, which has continued
throughout and has closed with a slight advance being
established ; but Spruce Planks have yielded to the pres-
sure of increased arrivals, and lately lower rates have been
accepted for them than had been previously known here.
There is still, however, a much less animated country de-
mand than we are accustomed to at this period of the
year, nor can much improvement be looked for until affairs
both at home and abroad assume a more settled appear-
ance. The arrivals since Ist February to present date,
compared with those in last year, are as follow :-
From Ist Feb. to 30th J uly, 1848. From Ist Feb. to 30th July, 1847.
Vessels. Tons. Vessels. Tons
Quebec l6 10,132 Quebec 4 .... 2,454
St. John, &c... 70 .... 40,435 St. John, &c .... 25,963
Baltic.
Considerable improvement has taken place in the Wow.
market since our last monthly report, and the demand
has been extensive for many kinds, particularly in the
lower qualities. The accounts from Yorkshire and other
manufacturing districts are of a more cheering character,
yet we cannot report any advance generally, but we anti-
cipate before long, from the lightness of stocks, that a
rise in value must accrue; it is obvious that the raw ma-
terial is far below a remunerating figure for the grower,
therefore it follows, that imports will be for a time cur-
tailed. Since the groundless statement propagated a few
days ago respecting Ireland, less ho been doing ; how-
ever, there is no reason to doubt but in a short period,
trade will have resumed its late position, as there is not
much to be apprehended as to the ultitriatum of the un-
pleasant state of Ireland, and as long as the news is of a
favourable nature from the continent. A fair business has
been done in East India, Servia, Oporto, Scopia and
Kalkland Lambs, Buenos Ayres, Smyrna and Russian
fleece (part of the latter to arrive), with other low descrip-
tions. Good white East India is much wanted, and Pe-
ruvian, which has been too long neglected, there is some
enquiry for. The sales in Alpaca have been limited ; first
class parcels will bring our quotations. In Scotland, at
the late Inverness fair, few parcels were sold, owing to the
unwillingness of farmers to realise at the present rates.
The demand for Laid Highland is equal to the import;
the market is bare and what arrives is soon taken into
consumption ; a better feeling exists for Cheviot, but pur-
chasers refuse to give any advance. The London wool
sales which commenced on the 22nd June, and terminated
on the 19th ultimo, drew a good attendance of buyers;
towards the close, an advance was obtained on prices
nealised at the beginning of the sales, of Id. to 11-d. v. lb.