The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1850-07-16 00:00:00

STANiiii.

TO CORRESPONDENTS.

Several pieces of poetry are declined.
We have mislaid the letter of "P. M." We had no room for

it at the time we received it.
If we had any inquiry to make from" G. 5.," at " Birkenhead,"
where, in the multiplicity of streets in that town, should we
find him.
"AMECUS."—The gin palaces are private property—the post-
"office is a public establishment. In the tine case the sin

rests with individuals; in the other the nation transgresses.
We are not surprised at the silence of our contemporaries on
the subject mentioned by " A Ratepayer." Any great reform
is a work of time. Our correspondent will find to-day another
communication which will interest him.

Ebe 7Liberpool &tanbarb.

TUESDAY

iIIORNING, JULY 16, 1850,

A few weeks ago we directed attention to the
fact, which is every day becoming more painfully
evident, that ship-building, as a trade distinct from
ship-repairing. is rapidly leaving the port of Liver-
pool. The subject is so vitally important—the loss
of that trade would involve the depreciation of
such a mass of property, both corporate and pri-
vate, within the town, and so f arfully ir.crease our
already onerous local rates—that we propose now
to return to it, even at the risk of repeating some
of our former remarks. Besides, from the apathy
which has thus far been displayed by all parties
and classes with respect to it, we feel satisfied that
its details are very imperfectly understood by the
public, and especially by the shopkeepers of the
town, and others not directly connected with its
leading branches of commerce.

It is a fact tolerably well known, that the cost of
a first-class Liverpool-built ship, A 1 for from 10
to 12 years, is about £l4 per ton for the hull alone,
and additional for the fittings, &c. The following,
we are informed, may be taken as about the appor-
tionment of the expenditure in the building of
such a ship, 500 tons in burthen :
Cost of Timber (average). .. £3,500

Labour
Sails.. .

~ Copper...
„ Chandlery, paint, &c
„ Furnitore, &c.
„ Rlpes

„ Smiths' work

3,500
500
403
500

£9,800

These various items of course include the produc-
tions of a number of trades not specially men-
tioned, such as bloekrnakers, &c.; and it will at
once he seen how large a portion of the total cost
consists of labour, the proceeds of which must be
expended in the town itself. Every ship which is
built in Liverpool causes upwards of £5,000 of
created capital, exclusive of the cost of raw mate-
rials, to be distributed amongst the butchers, the
bakers, shopkeepers, and artizans of every descrip-
tion, in addition to the profits of the timber mer-
chant, the iron merchant, &c. At the present mo-
ment we believe there are not above ten vessels on
the stocks in this port. The time has been when
twenty was below the average. One of our builders
—Mr. Wilson, whom we have driven to locate him-
self across the water—has been known to have
four and five upon the stocks at a time ; and many
of these steamers, or vessels of the largest size.
Supposing this gentleman to build five vessels a
year in Birkenhead, we shall have caused an ex-
penditure of from £30,000 to £50,000 to be trans-
ferred from Liverpool to our Cheshire neighbours.
The loss to the town by the total destruction of
the trade would be incalculable. In the mean
time, it is an admitted fact—and owners of pro-
perty, who complain of decreased rentals, and
tradesmen who complain of reduced custom, ought
to ponder upon it well—that ship-building in Liver-
pool has already decreased one-half.
It has been assumed by our mercantile aristo-
cracy, to whom we have left the greatest share of
the management of our dock estate, that the trade
of shipbuilding is second in importance to that of
jobbing and repairing. So long as a vessel can he
put into our graving docks and expeditiously re-
fitted, it is immaterial, they consider, whether the
building branch is located at Maryport, White-
haven, the Isle of Man, or elsewhere. But can
repairs be got done if we lost the building trade ?
On the authority of the most competent parties,
we answer unhesitatingly—No ! To conduct the
repairing trade well, the workman must be tho-
roughly trained in building; and it is an acknow-
ledged fact that one-half of the men at present
working at our public graving docks do not know
how to put the frame of a ship together, and re-
quire to be guided at every step in their work ;
and the really well trained and capable hands are
so rapidly dying out, that in ten years hence it is
not expected that there will remain a sufficient
number to carry on the trade at all. We have at
present not more than seven shipbuilding yards in
Liverpool, in which a new generation of workmen
can be trained.

To a very great extent—and, indeed, almost
wholly—this state of things has been brought
about by the impolitic and unfair conduct of the
Dock Committee and the Corporation towards the
parties engaged in the shipbuilding trade. They
have been cramped for yard room—removed from
place to place at a short notice, and in the most
arbitrary manner, thus deterring them from erect-
ing the machinery requisite for the economical
carrying on of their business ; and charged rents
much too high for the accommodation given.
Thus Mr. Royden has been removed three times—
first from Baffin-street to Queen Anne-street
South ; next to another part of the same street;
and lastly back to Baffin-street again. Mr. Clarke
has been removed three times, at an expense to
him, we are informed, of from £1.200 to £1,400;
and his present yard being without a river front-
age, he is compelled, when building a ship, to
occupy ground as subtenant to a neighbour.
Mr. Wilson and others have been knocked about
in the same way; and the result of these combined
inflictions has been that Liverpool has become a
dear shipbuilding port, whereas its natural advan-
tages are superior to those of any other locality in
the world. A few explanations will show how this
is brought about, and at the same time point out how
the remedy should be sought. To a builder con-
structing say two ships of five hundred tons bur-
then in a year, the space at present afforded ranges
from 4,000 to 6,000 yards; and in many cases is
even less. The consequence is, in the first place,
to place a limit upon the extent to which a man
can employ his capital, and in some cases to bind
him clown to the construction of ships of a parti-
cular size and tonnage, regulated not by the de-
mands of commerce, but by the contracted space
at his command. The storage room left for his
stock of.timber is too limited. It has to be formed
in piles six or eight feet high, and the extra labour
thus caused is very expensive. A particular piece
wanted for any portion of the ship is perhaps at
the bottom of the pile, which has consequently to
be all turned over, or a less suitable piece is cut to
waste; whereas had the stock been more spread
might have been got at

about, every por

)n of ,

caused to our bt

readily, as «•anted

file difficulty and-extra
by being thus
deficient in storage room, is generally admitted.

expens

sent forming on the north shore, and a few localities
at the southern end of the town. The latter are,
we believe, preferred by a large majority of the
builders. The land at present occupied by the
tobacco warehouse and the dock yard would afford
an excellent site; but serious difficulty would pro-
bably be experienced in securing its appropriation ;
although the dock yard could be removed with
advantage to the estate, and the tobacco warehouse
he lar more conveniently placed nearer to the cen-
tre of the town. The land to the west of Bruns•
wick Dock has also been approved of as suitable
for any concern not in the most extensive business.
The dock proposed to be made south of the present
graving docks, might, it is suggested, be formed
further inland, so as to allow of a good depth for
the river frontage. There is plenty of water to
launch in ; and this site is an excellent one, as is
the Herculaneum property. Vessels might also be
built on the east side of the Brunswick and Queen's
Docks, and launched into them. There is also a
slip of frontage land extending from the south end
of the great landing stage to the entrance of the
Canning and Albert Docks, which will be out of
lease in 1857. The land in question is 300 yards
in length and 100 deep at its narrowest point ; and
no impediment need be created to the working of
these docks by its appropriation, It would afford
space for three building yards of 10,000 yards each,
each capable of building three vessels per annum.
The trade are strongly averse to the north end,
both from its distance from the centre of the Dock
Estate, and its exposure to gales. It has been
suggested that the latter obstacle might be obviated
by the erection of protecting walls round the yards,
and by launching into the large timber float. Still,
the other sits named are much preferred. One
large builder indeed, we understand, has stated
that he would rather go to Eastham than to any
situation north of the Sandon Dock. A further
material advantage would attend the southern end,
as the locality of the builders' yards. The bulk of
the trades connected with building, such as ship-
smiths, sailmakers, block makers, &c., have already
establishments in the immediate neighbourhood, oc-
cupying a description of property peculiarly suited
for them, and which would scarcely answer for any
other purposes. The havoc which their removal
to the north or elsewhere would cause to the owners
of such property, and indeed of property of every
description is incalculable. Already the decreased
activity of the building trade and others connected
with it has caused a very serious deterioration in
its value.

It will he known, no doubt, to most of our
readers that a Committee of the Council was re-
cent!y appointed to investigate the whole subject
and to endeavour to devise means by which a trade,
so vitally important to the welfare of the port, can
be properly accommodated. We are confident that
we need not urge the gentlemen forming that com-
mittee to any greater activity and painstaking than
their own sense of duty will impose upon them.
They will have brought before their notice during
the course of the enquiry facts of so striking a cha-
racter, evidencing so great an amount of ill-treat-
ment and consequent suffering imposed upon the
shipbuilding trades as must convince them that the
time for hesitation has passed. But we may ad-
dress a few words to the tradesmen and ratepayers
of the town. This question appears hitherto to
have been regarded as one almost exclusively be-
tween the Dock Trustees and the builders, in the
settlement of which the latter must in every in-
stance give way. It has, however, a much wider
scope, and ought to be strenuously taken up by the
public of the town. It involves the important ques-
tions whether the Dock and Corporate Estate has
been so managed as to advance to the utmost extent
possible the interests of the burgesses at large ;
whether it has been wisdom to throw every let
and impediment in the way of the extension of
trades employing large masses of our labouring
population and skilled artizans, and whether it
will be wisdom now to transfer these trades without
the parochial boundary, to the damage of the Bur-
gesses' Estate, upon which they and the workmen
they employ are located. The most moderate expec-
tation entertained, we believe, of the effect of giving
proper accommodation is, that the trade would
shortly be doubled in amount; and that the classes
engaged in its various branches—and one ship-
building-yard will employ about thirty journeymen,
besides apprentices—will, instead of being scattered
up and down, precariously working upon jobs and
repairs, be placed in receipt of permanent wages,
and work under their masters' eye and in the im-
mediate vicinity of their own dwellings. It is a
question in which every owner of property, every
shopkeeper, every artizan, as well as the ratepayers
and burgesses of the town at large are deeply in-
terested, and upon which they ought to speak out
on the earliest possible occasion.

We beg to direct attention to a communication,
addressed to us by Mr. W. Bancks, upon the subject
of a currency consisting of notes of one pound and
upwards, to be issued on Corporation security, at
twelve months after date, and to be receivable for
all imposts owing to the Corporation, as town dues,
renewals of leases, rents, water rates, &c. We have
already expressed ourselves satisfied of the perfect
feasibility of this system ; and have no hesitation
in saying that, with such a system, properly admin-
istered, the construction of the Rivington Pike
Works need not cost the people of Liverpool one
shilling. We may here inform our readers that
since the subject was first broached it has made
some way in our town ; and they must not be sur•
prised to witness shortly an important organisation
to carry it into execution.

A fierce controversy, and an equally fierce rivalry,
are at present going on between the City of Dublin
Company, and the Cork and Waterford Railway
Company, the latterof whom is aided , it is said,by the
Holyhead Railway Company. Mr. Malcolmson, on
the part of the Cork and Waterford, has threatened,
it is stated, to drive the Dublin Company to lay up
their boats, and has refused to leave the differences
between the companies to an impartial arbitration.
What the real cause of quarrel is, or which of the
parties are in fault, we do not profess to know very
correctly. From the better temper displayed by
them, and the well-known steady and prudent
manner in which they have always hitherto con-
ducted their business, we should certainly incline
to the belief that the Dublin Company are the
wronged parties. In the meantime, however, what.
ever has been the cause of the existing quarrel, it
is sad to see the waste of property and profits
which is taking place. How large a number of the
innocent shareholders, some perhaps interested in
both companies, are being mulcted of what may
possibly he the greatest or only source of their in-
come thrown away in the strife of directors which is

going on !

It would be well if the great body of the share-
holders in both companies would stand forward and
arrest the progress of this ruinous competition,
which can only terminate in a loss to both parties.
No set of directors ought to he permitted to gratify
their own personal animosities at the expense of
the property of their constituents. Let a public
meeting be called of both companies, and the real
facts brought to light. Then, if it seem that the
directors of either have conducted themselves with
bad temper, let them be compelled to make the
amende, or retire from the board.

The smallest space allowed to any party, engaged
largely, ought to be 10,000 yards, which would
allow of three ships being in progress at once.
The depth of each yard should be at the least 115
- , to allow for the increasing length which we
are now giving to steamers and ships generally;
and to every such yard it is most desirable that a
graving dock, 350 feet long, to hold two ships at THE Manchester Guardian, on Wednesday last,
once, should be attached, as proposed by the Cor- took exception to some calculations in our corn-
poration for Mr. Wilson, on the Birkenhead side of mercial article of the preceding day, in which it
the river. A lease for at least fourteen years is was shown, as we thought on tolerable data, that
indispensible. The advantage of such an arrange- there was every probability that we should close
xnent would be very great, by decreasing the ex- the present year with a stock of cotton of under
pense of cartage now paid for materials from the 200,000 bales. Our mode of arriving at this result
builder's yard to our public graving docks, and was the following plain and simple one :—We esti-
keeping the hands more constantly under the mas- mated the stock of cotton in Liverpool, on the 4th
ter's eye. The interest of the expenditure upon of July, at 500,000 bales—By the bye, it was
these graving docks would be willingly paid by the nearly 800,000 bales at the same period in the pre-
trade. With respect to the amount of. advantage vious year—and anticipated that we should receive
of having sheds in the yards, some difference of in addition, up to the end of the year,—from Ame-
opinion, we believe, exists ; but it is generally con- rica, 300,000 bales; from Bombay, 70,000 bales ;
ceded that they would be of service to the work- and from Egypt and other countries, 50,000;
men; and the fact that vessels so built are classed making up, in all, 920,000 bales; from which de-
by Lloyd's for a year additional is strongly in favour ducting, for probable exports to the continent,
of the plan. 60,000 bales, we have a net supply of 860,000 bales
It is admitted on all hands by those connected to rely upon up to the end of the year. Assuming
with the various trades dependent upon shipbuild- the consumption to be 27,000 bales per week, we
ing that a great increase of business would follow should have on the 31st of December a stock of
any steps taken by the Corporation to afford the 185,000 bales.
necessary accommodation ; and the only question The circumstances which first struck our con-
which remains to be solved is where that accom- temporary on perusing our estimate was, he says,
modation can be most advantageously given. The the fact that, according to the advices from the
most central point would obviously be that which United States, up to the 25th inst., 860,000 bales
the trade would prefer; but, unfortunately, we had been already exported to Great Britain, al-
have appropriated the best sites by occupying the though two and a half months of the shipping year
frontage with docks, which might far more advan- were unexpired. What that has to do with our
tageously have been carried farther inwards. Our statement we really cannot perceive except that
only choice, therefore, lies between the land at pre- the Guardian's gross export for Great Britain from I

America is 860,000 bales up to .the 25th of June'
whereas our nett exports, added to present stocks,
is set down as amounting to precisely the same
quantity on the 31st of December. Our contem-
porary flitch fault with some mere opinions of our
own, which had relation solely to the probable stock
at the end of the year, and not to our estimate of
the probable imports to the end of the year. We
find, however, that whereas the difference between
the receipts in the ports this year is only 501,685
bales to come forward, or he retained for home
consumption, it was 666,000 bales at the corres-
ponding period of last year.
We shall not, however, follow our comtemporary
through the rest of his cavillings, inasmuch as he
has evidently written from a too hasty considera-
tion of our remarks. His reference, however, at
the commencement of his article to the mistaken
" dismal vaticinations " of Liverpool authorities,
and their alleged falsification last year, is too bad.
The stock at the end of last year would have been
about as short as it was predicted, but for our spin-
ners resorting to short time during the concluding
few months • and we must remind our contem-
porary that his own vaticinations this year of abun-
dant crops and moderate prices have been rather
" dismal" to those who have unfortunately believed
them.

At any rate, it does not appear, from the im-
mense trade carried on since our remarks were
given to the public, that they have been regarded
as altogether fallacious. Spinners have at length
arrived at the conclusion that it is wisdom to stock
themselves in time, in order to be enabled to guard
against the ruinous consequences of having at the
last hour to come into a market badly supplied,
and at exorbitant prices. Had our warnings
months ago been more regarded, and consumption
diminished, instead of exports forced out to noto-
riously unremunerative markets, the manufacturing
interest would have been in a better position to
protect themselves and their dependents against
the serious calamity with which they are now
threatened. But all wisdom, it seems to be thought,
is located in Manchester.

Since writing the above, we have received the
following letter from a correspondent, of which,
from the high authority of the writer, we most
gladly avail ourselves, It will be seen that his
figures and our own differ ; but on reference to the
article on which he comments be will at once ob-
serve that our figures throughout refer to Liverpool
stocks, imports, &c., whilst his refers to stocks, &c.
for the entire kingdom.. Taking this into consider-
ation, we think we do not materially differ from
him, Our correspondent himself will admit that
337,000 bales for the entire kingdom is a rather
short stock to begin the year with, in the face of a
crop generally estimated as likely to be below the
average, if not below that of last year.

SUPPLY OF COTTON

TO THE EDITOR OF THE LIVERPOOL STANDARD,

Sin,--.1 noticed, in a recent number of the Standard,
some statistical information regarding cotton, which I re-
collect at the time (not having the figures now before me)
did not appear to me to have been formed with much
judgment or regard to probabilities. I have, therefore,
taken the liberty of sending you an amended statement,
which I am of opinion persons engaged in the cotton
trade will not find much fault with. You will observe
that the question is more regarding the supply for the
remainder of the year, than what the consumption is
likely to be, although I venture an opinion upon both
points. With regard to the latter, you will permit me to
remark, that you gentlemen of the press seem to blame
spinners for not at once putting their works upon short
time, seeing that it is pretty evident there must be an in-
sufficient supply of the raw material. But such matters
regulate themselves. When spinners can 1101 longer ma
nufacture at a profit, they will cease spinning ; but whilst
there is a demand for all they produce, whether in goods
or yarns, arid at remunerative prices, you may rely upon
it spinners will not resort to short time whilst a single
bale of cotton is to be had, no matter what prices may
go to.
_ _

The stock of cotton in the kingdom on the Ist instant
was estimated at 385,000 bales American,

100,000 „ Brazil, &c.,

125,000 East India.

610,000 bales

The export in the last six months of 1849 amounted to
140,000 bales : this year we will call it 120,000 bales.
The imports last six months of 1849 was 330,000 bales
American, and 580,000 of all kinds. This year, as there
is a larger stock remaining in the ports of the United
States, we must look for a larger import from that quar-
ter than we had last year, and, upon a careful review of
the whole question, the following may be considered a
fair estimate of the supply for the last six months of 1850:
United States
Brazil, Egypt, &c.
East Indies

Add stock on band .

575,000
610,000

Deduct export

1,185,000 „
122,000 „

1,065,000 „
The next question is the consumption, which, at the
present moment, cannot be estimated at less than 32,000
bales per week, but we cannot reasonably expect that it
will continue at this rate during the remainder of the
year. No doubt spinners will trench somewhat upon the
ample stocks they hold, and may probably be driven to
reduce the consumption to a moderate extent, although
of this there are no present indications. However, we
may safely take 28,000 bales per week, as the quantity
spinners are likely to take out of the ports for the remain-
der of the year, which for 26 weeks will amount to 728,000
bales, and this would leave a stock at the end of the year
of 337,000 bales of all descriptions, against 558,000 bales
at the end of last year.

A COTTON MERCHANT,

LAUNCH OF THE EXCELSIOR.

GENERAL TRADE REPORT.

A new and heautifuliy modelled schooner was launched
on Thursday last from the yard of Messrs. Jordan and
Co., Sefton-street, and as she is the first craft built upon
a principle recently patented, more than usual excitement
was created and the attendance was most numerous. She
was neatly rigged as a foretopsail schooner, and was
launched all standing. The ceremony of christening was
performed by Miss Jordan. She left the stocks with ease
and elegance, and gliding smoothly into the water, pre-
sented a picture of nautical beauty. She was decorated
with flags from the truck of the foremast to the bowsprit
end, and from the tip of the boom to the main top mast-
head. At the peak was the Union Jack. After a short
space of time the company adjourned to a splendid V-
jeuner provided in the Mould-room, when toasts of the
most feeling kind were given and responded to in a man-
ner that admits of no doubt that the patent meets the
views of the nautical world. The vessel has been built
for Josias Booker, Esq., and is intended for the Demerara
trade, to bring down sugars to the port of shipment.
She is adapted to carry about fifty hogsheads of sugar,
which is more then any vessel of her outward dimensions
in the West Indies will do. From the beauty of her
lines there can be no doubt that she will be a fast sailer.

Monday Night.
The only drawback to the very encouraging accounts
which continue to be received from Manchester, is the
doubt entertained by many parties as to the possibility of
carrying on an extensive trade at the prices which present
appearances warrant us in anticipating ; and we are given
to understand, by gentlemen whose practical experience
throws theory into the shade, that the only circumstance
under which they look for a continuance of prosperity to
our cotton manufactures, is a scale of prices for the raw
material little differing from that at present current in
Liverpool. The following acknowledgment, which we
copy from the Economist, is sufficient evidence of the
struggle which is being maintained by spinners to keep
their heads above water :
" Stocks of domestics, T cloths, and longcloths are now so
much reduced that some producers of such fabrics are de-
manding prices that zcill cover cost, which in many cases is a
startling advance to buyers, and not likely to be obtained for
some little time."
On a question of this nature we give our contemporary
the credit for speaking the truth, because we look vpon
him as being so far the oracle of the Manchester interest,
that whenever it is a toss-up between a flourish of trum-
pets for the triumph of free-trade, or a requiem for de-
parted profits—in other words, whenever he has to choose
either to support the ricketty legs of his free-trade bantling,
or to back his friends in their endeavour to keep down the
value of cotton, he has latterly taken the last-mentioned
course, and so far tacitly admits the truth of arguments so
frequently and earnestly put forward by his political op-
ponents. To. what a state, indeed, must free-trade have
brought its supporters, when it requires the advent of a
season of exhausted stocks and increased consumption
to enable spinners to demand—(which, by the way, may
not be acceded to for some time)—remunerative prices.
This is a very awkward predicament, and the poor gen-
tlemen are very much to be pitied !
Speculators and exporters have bought largely of Cotton
since Thursday, and the total sales for the three subse-
quent days have reached to between 50 and 60,000 bales.
On Friday there was an extensive demand particularly for
good qualities of Bowed and Orleans for export, at kd.
advance upon previous prices ; and very extreme rates for
all other kinds : the sales were variously estimated at 15 to
20,000. 12,000 of which were taken on speculation and for
export. On Saturday the demand was further enlarged,
especially by speculators and exporters, and in consequence
of the latter having operated so freely prices rose Id. per
lb. The business of this day also is estimated variously,
ranging from 20 to 25,000 bales, which include 5,000
American for export. 6,000 Brazils (500 export), 3,000
Surats, and 1,000 Egyptian. To-day the advanced rates
have been maintained, speculators and exporters still ope-
rating largely; and the sales amount to 12,000, 7,000 of
which are on speculation, 3,000 being Surats, 2,000 Bra-
zils, and 700 Egyptian.
The anxiety felt by all parties connected with the Corn
trade during the few days of uncertain weather, which pre-
ceded the present season of heat and bright sunshine,
produced a further improvement in the value of and
demand for Wheat and Flour throughout England, Ireland,
and Scotland, up to nearly the close of last week, when
symptoms of a reaction were observable in some of the
provincial markets, and at Mark-lane on Friday, although
prices did not sensibly recede, yet the tendency was down-
wards. The advance established on Wheat for the week
is about 2s. per qr. generally in England, and partially in
Ireland, Flour realizing a proportionate enhancement,
and other articles varying according to local influences,
with little change worthy of notice, the bias inclining
slightly to higher rates. We find that the foreign holder
is determined to keep pace with us, all the continental
markets of which reports have reached us being steadily
on the advance, as will be seen from the following sum-
mary :

Antwerp (10th inst.), 2s per qr. higher; Altona (Bth inst.),
Gd to Is per qr. higher; Stettin (Bth inst.), Rostock (7th inst.),
Griefswald (7th inst.), And= (7th inst.), Danzig (6th inst.),
and Konigsberg (6th inst.), all higher; Stralsund, full rates.
Extremely fine weather having prevailed since our last
market day (Friday), holders (although evincing a tolera-
ble degree of firmness) are more willing to meet the
buyers, and in the few transactions that have taken place
in Wheat, some slight concession upon previous rates was
submitted to. Flour, however, being comparatively
scarce, fully maintains former prices. In the absence of
demand for Indian Corn, this article has further declined
Gd per quarter, the top quotation for prime American
Corn being now 265. to 265. 6d. per quarter. Transac-
tions in other articles have been upon the most retail
scale, and the prices unvaried. The London market is
telegraphed at Is. lower to-day for Wheat.—The arrivals
into this port since Monday last, and up to Saturday
night, are :—Coastwise, almost nil ; from Ireland, nothing
of any consequence; and from abroad comparatively mo-
derate, the latter consisting merely of 6250 qrs. of Wheat,
from Europe, 9663 qrs. of Indian Corn thence and Ame-
rica, with 765 brls. of States and 1516 sacks of French
Flour.

On Saturday, a cargo of low Havannah Molasses was
sold at 13s. 6d., which is a decline on previous quotations.
For Sugar, there has been a steady inquiry since the Cir-
cular, and 200 hhds. of Barbadoes, and 1,000 bags of
Bengal, have been taken at extreme rates. In Rum,
there is nothing new, though the market is rather firmer.
The Coffee market is decidedly heavy, and in prices there
is little chance of any improvement of moment for some
time. Tea continues in favour, and as the quantity
coming forward will be light, and the export demand con-
tinues, the trade seem anxious to get into stock. We
received on Saturday last an account of the Dutch sales
of sugar, which have gone off with spirit, at an advance
generally of Is. 6d. per cwt.
The London Wool salen have terminated at about the
rates current at the commencement, which were consi-
dered satisfactory : the attendance of buyers throughout
was very good, both on home account and for exportation.
On Thursday we shall have a sale of low wool, consisting
of a cargo of Adelaide and East India. The market is
now very bare of all descriptions of wool, and fresh car-
goes would meet with ready purchasers. Both here and
in London, Alpacas are now entirely cleared off; and in
Peruvian sheep wools there have been considerable sales,
leaving the market very bare.
Scotch Pig Iron has maintained its price, at 445. 6d.
to 455. for mixed numbers ; 465. to 465. 6d. No. 1 Garts-
herrie ; although very dull of sale. Bars in Wales barely
maintain previous quotations : £4 12s. 6d. in Wales;
£5 to £5 2s. 6d. f. o. b. here. At the ironmasters' meet-
ing just held at Birmingham, it was resolved to make no
change in prices for the next quarter.
There is more business doing in Wines, principally low-
priced ports, which are scarce, and business is brisk ; but
the move which is expected in port wine makes yet but
smelt sign, although, calculating from its scarcity, it is
considered merely a question of time as to an improvement
in price, which is looked forward to as a certainty. Bran-
dies continue to be neglected, but the deliveries go on
favourably.
American Provisions :—The demand for Beef and Pork
continues limited. Irish buyers continue to take pretty
pretty freely of the low qualifies of Bacon at fully former
rates ; and while the better descriptions are not so much
sought for, on the whole the market is rather firmer.
The Lard market is also firm, at fully previous quotations.
A large clearance sale of old Cheese was effected last
week at low prices. There has been a fair business in
Tallow, the value remaining unchanged.

U.S. Prime Mess Beef(new, a.f.),per 30.41, 80s. ®Bss. ; Do. Pork
Eastert(new, d.f.),per200t6,505. ®555.; Bacon, Eastern (new,d.f.)
per cwt., 30s. ® 340.; Fine Lard (new, d.f.), 335. ® 345. ; Fine
Cheese (new, d.p.), 365. ® 383. ; Grease Butter (new, d.f.), 295.
®3ls. ; Tallow (new, d.p.) per cwt., 335. ® 378.

- Irish Butter is Is. to 2s. per cwt. lower on the week,
the quotations to-day (landed) being—Waterford, 655. to
675. ; Carrick, 645. to 655. ; Limerick, 625. to 635. ;
Belfast, 645. to 655. ; Ballymoney and Coleraine, 625. to
645. The supply of this article to this poet is not at
present adequately met by the demand for consumption.

Dr. Wiseman is to be made a Cardinal, and proceeds
to Rome next month.

She is to be navigated out by Captain Monteath. The
vessel is painted blue, has a neat figure-head, and her
name engraved on a tasteful scroll head-board. She has a
round stern, ornamented with carved foliage, and the
crest, a chained swan, and the motto, "Deo non For..
tuna," of the owner, also carved upon it.
She is the joint design of the builder and owner, the
plans of both gentlemen having been combined to render
the vessel as perfect as possible. The chief point of inte-
rest in this vessel is, that the ordinary frame-work of tim-
ber has been dispensed with, and in its stead an iron
frame has been introduced, covered with the ordinary
planking, by which strength and lightness have been
combined. The vessel has two kelsons placed at a little
distance from each other, and the spaces between the
iron framing of the ship and kelsons are filled with as-
phalte, which will serve for ballast, prevent leakage and
corrosion, and acts as chocks between the framings.

SOCIETY FOR PROMOTING CHRISTIAN KNOWLEDGE.—
At the recent meeting of this Society, the standing com-
mittee gave notice of their intention to recommend the
following grants :—The sum of £3,000 to the Bishop of
Totonto towards securing the endowment of a college of
a permanent character in connection with the Church in
this diocese; £l,OOO towards the endowmentof a Bishopric
in New Zealand ; and several smaller sums, :with books,
&c., for new Churches in Canada, and elsewhere.

Ace [DENT, YESTERDAY.—AMOng the passengers on
one of the omnibuses which ply along the docks, yes-
terday morning, was a Mr. Callin, a butcher, residing at
Southport. Some repairs are in progress in the Waterloo-
road, which require the tearing up of the roadway. The
omnibus approached very near this trench, apparently
so near as to alarm Mr. Callin, who, imagining himself
to be in danger, sprang from his seat. In his descent, he
fell beneath the wheels, which passed over one of his legs,
which in consequence sustained a fracture, of which in-
jury Mr. Celia is at present confined in the Northern
Hospital.

On Tuesday a boat was upset near Douglas Harbour,
during a squall, and two men were unfortunately
drowned.

The churchwardens of Bures, St. Mary's, Suffolk,
have contradicted the statement that the church bells had
rung a merry, peel on the occasion of Sir Robert Peel's
death.

It is stated that the Hon. and Rev. George Talbot has
been summoned to Rome on the express invitation of
the pope, with a view to his appointment to a place of
high trust near to the person of his holiness.
PRESENTATION.—The congregation of St Clement's
Church, Windsor, have just presented two sets of robes
to their excellent pastor, the Rev. F. Parry. The rev.
gentleman has returned a grateful answer to the church.
wardens, which is about to be circulated amongst the
subscribers.

WALLASEY COMMISSIONERS.—ConsiderabIe attention
is attracted at Seacombe, Wallasey, &c., to the election
of nine gentlemen on Thursday to act as commissioners
for Wallasey. Two lists have been circulated among the
ratepayers, and the promoters of both are very active in
promoting the election of their friends.
FATAL ACCIDENT. —On Saturday, a child, whose
parents reside in a court in High-street, Edge-Lill, and
whose name is Sparks, while playing near its house fell
down a well which had bad been left uncovered. Some
time elapsed before tne child was discovered, and then
medical assistance was of no avail.

CHAMBER OF COMMERCE.—A special meeting of the
council was held yesterday, at which Mr. William Gard-
ner was elected a director, in the place of Mr. H. Shol-
terfoht, resigned. The motion by Mr. Macfie, suggesting
that the advantages possessed by this port, as a station
for the West India and Brazilian mails be brought under
the notice of her Majesty's government, was referred to a
special committee, to collect information towards that
end. The resolution, passed at the late general meeting,
on the stamp duties, and the new bye-laws and rates for
dock porterage, were also referred to special committees.
Akoromunication from Mr. C. D. Hayes, on the subject of
steam navigation to Australia, via the Cape of Good
Hope. was received, and the further consideration of the
subject was deferred, in order that full information on the
matter might be obtained. The consideration of a reply
from the treasury to a memorial relative to the postal
arrangements of the London and Scotch mails was also
deferred for further information, preparatory to a renewal
of the prayer of the memorial. Several other communi-
cations, not of public interest, were also read. The ap-
pointment of Mr. Robert Trott= as secretary waa con-
&med.

BREES'S PANORAMA.—Mr. S. C. Brees, C.E., late
principal engineer to the New Zealand Company, is now
exhibiting in the Concert-hall, Lord Nelson-street, a
pictorial illustration of the colony of New Zealand. This
stupendous painting pourtrays not only all the natural
features of that illustrious region, but it exhibits also the
social habits of the settlers so accurately, that it becomes
a question whether an actual visit to the colony would
afford more advantages of acquiring information relative
to its social economy. The painting has been undertaken
especially with a view to accuracy, the perfection of art
being of secondary consideration. In pursuance of this
object the peculiar characteristics of this genial clime
pass before the eye of the spectator as vividly as though
he were a traveller on the unexplored heights and through
the untrodden vales of the shadowy land he sees flitting
by. But perhaps the most interesting objects, at least to
the future emigrant, are those points which have during
the last few years been converted from the barren plain
or wilderness to the populous town. The town of Well-
ington, in this part;cular, stands pre-eminent, depicting
the unexpected phenomenon of Saxon tastes and Saxon
manners at the antipodes of England. Church, cottage,
and mansion meet the eye, and differing little in charac-
ter from similar edifices in the rural districts of the father-
land, they astonish the English observer. The happy and
independent bearing of the imaginary occupants of the said
structure almost beget a feeling of envy and foster
an incipient resoluition to cast himself amongst the ad-
venturers who Irtre so daringly tempted fortune on these
distai.t shores. We venture to assert that young persons
will acquire more practical information relative to the
colony from visiting Mr. Brees's exhibition than could be
gained from mere written sources, after a long course of
painful study.