The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1850-02-26 00:00:00

---:ci Te°
it their duty to call this meeting of all torrderned in the - £5,000. ' This report may be con% e
~ bee
trade. He believed that the general im'p'ression of all the much as a much better dividend ro!kiso
trade was, that a committee should be formed at this the line in future. The Sheffield aIV4O-`,OO,
meeting which would fairly represent all parties ; that is not good ; there will be no d. le. 11
that committee should go and examine both the north sufficient to meet the preference shareispg,s,
end and the south end, then go and see the dock corn- to-day there has been rather more boi
_„,e4,
mittee, and soe what they were willing to do ; also see seems to have reached a stand for thli; I
the borough dock trustees ;go into the whole matter, tations of business done are as f01i,e0516.
and then come back to a general meeting and let that 7 16/3 dis ; 7/ dis ; London Stock, 40,11
meeting and the trade hear what, in their opinion, had Ditto quarters, * 3/9 1p • Ditto C nil.k 162;}
best be done.—(Hear, hear, and applause.) He thought, 50's, 24f dis. 16/3 f; North Union -',5; to
therefore, that their next step should be to support the 6 ; York, Newcastle. and Berwick,A, ,
cemmittee. He did not himself rise with the intention of old, 2 8/9 pm. 21 ; Newcastle pfce. abetteri
doing so •he merely rose to give them as near as he could In the Produce market there is a ;i011!
a detail of what had been already done.
Mr. GREAVES then moved and Mr. SMITH seconded a
resolution to the effect that a committee of shipowners, have been refused. The grocers are filer
importers, dealers, and consumers of timber, together stock, and, if holders continue firm tee"
with shipwrights and saw-mill proprietors should be ap- come into the market. 600 bales of,;. lild
pointed to enquire into the best means of affording proper to-day at rather higher prices—,'
,9,, tot
andl)a g s
large o f Bengal
nffers Sbungvaer werebeen sold
rn ad on ntoS.acitsuiri.::;,
accommodations to the timber trade of the port. This middling, 16s. for fine, and as high ashinio iO.
resolution having been put from the chair, was carried of 10 bales of a superior quality. We vie le
unanimously.
in other articles since the circular. ,b 1
Mr. S. HOLME then rose and said that there was one nues for the middling descriptions 01
suggestion which he wished to make. He had read in the higher rates are required. ' der.
co •
printed proceedings that the plans for the north docks The Cotton market has displayed c rerlic`,,'
were not 3et completed ; and as a consumer of timber and since the circular, and despite the il the
one who had an interest in the trade to a considerable Economist, who as determinedly write rip, 1,
degree, he confessed that he should like to find the plans on Saturday last as he formerly
of the dock committee laid in some public place of the arguments on a stretch of the estial.a. d
town,—such as the Town-ball or the Dock.office,—so that convenience, the market closes to uagooi
the public and all interested in the trade might see them. turn dearer, having opened with a verY6,oo.
(Hear, hear.)
wand from the trade. The sales were_ ori,i
Mr. JAMES HOLME explained that the primary object 800 of which were taken on speculation f
of the dock committee was to build the frontage wall, and On Saturday prices were very firm ,e, 0
when that was complete to call upon the timber trade and tions, and the sales were estimated at 1.
all interested in it to see if such a plan could not be which were on speculationand for exPor
'
adopted as would be satisfactory to all parties. On reference to the official accounts,,
Mr. ROBINSON then proposed, and Mr. HDLHEAD end of the year, we find that the 'I.
seconded, a list of gentlemen to serve on the committee. Grain and Flour which paid duty during jo
Mr. JOHN LAIRD observed that as Birkenhead was a 11,882,900 qrs., against 6,327,244 cgs'
place that they were going to enquire about, it might be
rs.
viz.:—
desirable that they would have a name connected with 1849-4,509,626 qrs. Wheat ; 1554,860 Ors'
the timber trade from that side of the water. Mr. Slater, qrs. Oats • 256,308 qrs. Rye ; 285,47 qrs'
of the firm of Slater and Crook, would be able to give Beans ; 2,249,571 rs. Indian Cofp,,;j,
them some very valuable information, and, therefore, he 1843 ' 941
48169" cwt. Flour;7 167,888 cwt.. ...3.35. nal
8— , 0,294 qrs. Wheat; 9 899, oy '_-I.s. F.,
proposed that his name be added to the committee. Oats; 48.721 qrs. Rye ,• 167,083 (1` 30,
Agreed to.
Beans; 1,582,755 qrs. Indian Corn;
On the motion of Mr. DE WOLFF, it was resolved that 1,227,754 cwt. Flour; 270,969 cwt. Meal.
ts
Mr. Laird, as a ship-builder of Birkenhead, should also Of these large importations little is s i
be added to the committee ; and after a few more amend. granary at present ; and it is also state
ments, wrote 1:1 0;
ments, the following list was agreed to :—Messrs. R. now held are much lighter than at a 'le'
Rankin, S. Bright, Saunders, D. Cannon, D. Gibb, year ;—from which it is contended We
Holderness, D. R. Graves, D. Campbell, W. T. Tomlin- present prices are not justified by. our P
son, Engel, Carmichael, W. Fisher, jun., Jno. Miller, that they are only to
be attributable to
Thos. Wilson, S. Holme, W. Slater, John Laird, 0. that exists as to how trade may work
,tice
Jones, Halhead, Anthony, Smith, Farnworth, changes of the law ; and that, if confide,',
M`Murdo, R. L. Jones, Jas. Bland, G. W. Ewing, stored, agricultural produce would neci'tivt
J.Houghton, Thomas Royden, M. Gregson, W. Bell- present unnaturally depressed value.
.11
haven, B. Poole, Thos. Robinson, jun., secretary. remembered that the same cause which Pt .
Mr. GREGSON suggested that one point of the coat- larger an amount of imports in 1849 Woo
mittee's inquiry should be as to the possibility of con- likely to preponderate in an increased."'
veying timber up the river ; for as he understood, in regard we find that, as new supplies of foreign
to that rnattcr, the north docks would be of no use until expected at the eastern ports, in son3e leo
i: could be ascertained whether the timber could be freely are becoming more anxious to realize, ec„t
and safely conveyed up the river from the north end. in price. The English markets haven w, 0
Mr. RANKIN suggested, that as Mr. Gregson was him- the slightly improving feeling manifestevaiont
self on the committee, this matter would more properly week ; the general tenor is, that Pre sii
come under their consideration, in the prosecution of barely supported, and in some instance I
their inquiry, than at a public meeting of this kind. meet has been submitted to. In our '
The CHAIRMAN agreed with Mr. RANKIN, and said morning we find one exception, '•"„Aili that it was desirable that all gentlemen, in their inquiry, although Oats, Oatmeal, and Bran are
-1,
should divest themselves of foregone conclusions, and pro- English and Irish Wheats have obtained •
el ceed to investigate the matter without bias. Of the Irish markets, we have again eec w,
Thanks were then voted to the chairmen, and the tory accounts from Cork ;we should thlel
tide
meeting separated. prices are rather firmer there for all er'.,,,i
including Indian Corn. Waterford in ,
reverse. At Belfast, Wheat and Oatrnee., jo
3d. per cwt. on Friday. The Nrearilo
improved during the week, and field-13.1
A public meeting was held in the Music-hall, Bold- hitherto been much retarded by the sev,eprio
street, yesterday morning, for the purpose of proposing will now progress rapidly. Some Par'io-5,,,
resolutions and adopting a petition to both houses of par- as farmers' supplies may slacken, in Or,
liament in favour of Mr. Stuart Wortley's bill, for legaliz- movement in value may be looked fes,,,
ing marriage with a deceased wife's sister. If the noise We fear it is only catching at a strato
made in parliament relative to this measure were any ell- lower at Limerick. This root appears teol
tenon to judge from, a full attendance might have been better than was expected; and the gra 0
looked for, but at twelve o'clock—the hour at which the made to increase the growth this year'; 060
proceedings were announced to commence—there were that the acreable extent of this crop ° iolso
not more than a score of persons present, a few idlers that of last year. The principal imports
ore
dropped in afterwards, and among them two females, from Tuesday to Saturday, inclusive' fjoii,r)
whose presence was supported ultimately by two other. Indian Corn from the States, 7,242 brie...,
f',
ladies. Notwithstanding a delay of more than twenty 4,200 qrs. of Foreign Wheat, (there be ,
minutes in opening the business, the number present did either English or Irish,) and a good -11 ii not increase very materially, and never exceeded sixty. from Ireland. There have been very ffte of/,
Mr. W. Rathbone was present, as were Mr. J. Aspinall, Brunswick-street to-day, and those 0100
(barrister,) Mr. B. C. Aspinall, Rev. R. Spence, Rev. D. racter ; prices remain
unaltered, ever'
Loxton, Mr. W. Perry, and a few other local promoters which is rather easier to purchase. A web°
Aof the measure. Letters of apology were received from The arrivals of timber from British
bt il';
the Rev. James Martineau, Rev. C. Hibbert, Rev. Dr. report of 26th January, consist of eieq ons,
Raffles, and Rev. Dr. Thom. tons, compared with fifteen vessels, 7,su`nds 4
On the motion of Mr. J. ASPINALL, the Rev. R. Spence month of last year. The country demlogl°:,
was called to the chair. Mr. Aspinall continued to address is seldom very animated, nor does this 3,0 s o'
the meeting on the subject of the small attendance in the ception, the recurrence to the higher rtheo, 4
room. He did not attribute this to any lack of interest in riage assisting to increase the usual dtrool r,
the town in the question now before parliament, but to a We have been rather quiet in the a
of'St
variety of circumstances, one of which was that owing to this week. Our publie sales commence 0,,
the short time that had elapsed between the origination will consist of 350 bales Australian, iclp,f.
of the idea of holding such a meeting and the day fixed for 2,000 Turkey, Buenos Ayres, Cordova, c 700,
it, the placard calling the meeting had not been suffici- &c. The sales in London closed on °pece:A
ently seen, having been posted late on Saturday evening. prices paid [were about 14d. to 2d. above,. lr%
This haste had been rendered necessary in order to anti- Imports for the week ending 25th inst.'
Ai'
cipate the reading of the bill on Wednesday evening. 116 Irish.
tirfi,
Another reason might be supplied in the fact, that the The market for manufactured Iron CO9opd
Baptists had arranged to hold a meeting on the same sub- inactive state, with a very limited deo)
ject, to-morrow (this day.) Mr. Aspinall expressed him- have a downward tendency. In Scotall,7,,
self confident that a very inadequate opinion as to the to note a further- decline, octaelutieti .',, 10;
interest taken in the town in relation to the question of the absence of demand on the part of to r‘,. .0,,1
legalizing marriages with the sisters of deceased wives have been effected at prices from 455. ' ;IV
would be come to if it were formed from the number pre- numbers, and this is still the quotati°o,l4
sent, but that a lively interest did exist was evident from herrie has been sold at 545. f. o. b. be 'this'
fl P the manner in which a movement made some time ago, offered at 535. 6d. ; No. 1 at 525. 6d., theU,i
having for its object the repeal of the law as it now stood, tendency. In Lead there has been a_l'lrditre)
PrTTovbhieesilofrnnislilhn.rwPairdnoegv,ispwionerntgimeunaolratekrset remains 'lit'," tl)
was met and supported. Uuder the circumstances he
would propose that the reverend gentlemen present, with
Mr. W. Rathbone and Mr. W. Perry be appointed a com-
mittee to organize the preliminaries for a general meeting Black, Whittingham, and Co.:— to 99
to be held on to-morrow (Tuesday) week, in that place. paeoanf:. Very fine Eastern brings 36s,iovei01
The Rev. R. SPENCE proposed the resolution adjourn- pricesnew Wae'srtearmnoaurnetaerllnusinr
3s has be4en. "olcit',s:
ing the meeting, and in doing so followed Mr. Aspinall to. 28s. has been paid forgoardinlaq.ryto, 3ansd ,314.
irormalattihneg
eic_cors,i,,
in expressing the conviction that there was no want of vourite cure ; the sales of all descriptions '°itoodo interest in the town in relation to the obnoxious law. about 500 boxes. Beef has been in fair ",, 10V
~
The Rev. D. LOXTON, Independent minister, seconded amounting to nearly 500 tcs., at full PricifiA
the motion. stances at a slight advance. P."-' The tie

MARRIAGE WITH A DECEASED WIFE'S

SISTER

extrfaa.ireasa.ncLa4mOsi
:toollsz;rfeorfrod
hasfor been extensive ; the sales'arre 20;11;6
Mr. W. RATHBONE came forward to state that it would;Newa2l b•
to oyr
be inconvenient to him to be placed on the committee,
proposed to be formed, but he should be very glad to at- doing ; New are without inquiry.°eing AlusulliEtersplrff
tend the meeting, because he felt that the question was has been' good ; the sales are nearly 400 hlntisio,
one of great importance. He considered the present state low, and 12s. to 20s. for fine. Cheese : Tlift oti
ng been large, but on fine qualities a sfiVosti,
of the law in relation to the subject was the cause of great
neenda.bl..dartdo having been in good re,.(1002
demoralisation among the poor, and of great discomfort been ran advance ; tpe ~rdi,
among the rich. He had no idea of submitting to restric- 335. to 335. 6d . ;=l:rLsz...3%
.......v a5ked...........00 forte
tions, in such a matter, imposed by the legislature, which
.„0,
he found were not imposed in the Bible. (Hear, hear.) At Rochdale the spinners of coarse as""
,r
Mr. J. ASPINALL again advanced to address the meet- all working but three days per week. Ol V
Tho Archbishop of Canterbury, Lords wee
ing before the motion was put from the chair. At consi-
and Lord and Lady Robert Grosvenor
derable length he enlightened his hearers on the origin of
p Ate' the law, and the circumstances which conduced to bring royal dinner party on Saturday. de
it to its present state. Before the Reformation, and still The Times of yesterday fears that lir
oi
in Roman Catholic countries, marriage with a deceased tiw
cotton manufacture is at hand, from
wife's sister was legal, if dispensation were obtained, which of yarns and cotton goods produced. Alf
' l).
was always granted where the reasons for the application
MONKS FERRY HOTEL.—Lord Viscg ltir
were good ; but owing to the circumstances attending the and his lady arrived at this hotel on ere
connubial experience of Henry VIII., a good deal of con- proceeded thence to New Brighton, W 11,
present sojourning.
~,,,k t-,,,isbl
flitting legislation in reference to the laws of marriage
RAPID PASSAGE.—The splendid F.— ee ~---
took place. Marriage with a deceased wife's sister, how-
Capt. Miercken, left Philadelphia On thi cil 4 ,
ever, from the time of the Reformation up to the year
took a pilot on board in the Liverpaa veritt4,
1835, was allowed, and the children of such unions sue-
20th, making the passage in less than se sslsl
ceeded to any property possessed by the parents in the
MEETING OF THE TIMBER TRADE usual way, unless a suit were commenced in the. Ecclesia-
stical Courts, which tribunal had the power of nullifying the the meeting of the timber trade, he' 611%00;
Clarendon-rooms, we were glad to Pere folly,
marriages and rendering the children illegitimate. But in
bers of the Dock Committee, as well abed, elf
1835 the present law was passed, which prohibited all
men belonging to the Board of Birkentbe 00e
further marriages, but legalised such as had already taken
tees present, each bidding no doubt for, a to it,
place. This law had been concocted to serve a certain
timber merchants. We were also 0;64,4
powerful nobleman, who dreaded the possibility of a suit spirit of seclusion characterized the a'efroolie,,'
in the Ecclesiastical Court, having married within the of a committee; and that gentlemen trtil'
prohibited degrees of affinity; and a considerable amount were appointed to act in unison with "iticl; '
of property being at stake, the legalising the marriages ding that increased accommodation 0 i
already contracted at once secured him. Mr. Aspinall f
6t-ot
considered the present state of the law as worse than its now reqnired.
rs e I 0
~
state prior to 1835 ;it operated cruelly in the case of the ANNUAL TEA PARTY.—Tire tea Che 01S
poor man, for even now the rich could evade its conse- Sunday schools, Windsor,. held their slott
quences by repairing to the continent, where such mar- the school room on Friday eveniegterts's,
riages could be contracted. At the conclusion of Mr. beloved pastor, the Rev. F. Parry, e 2 roe,
ola-ort,
Aspinall's address the Rev. R. Spence put the resolution,
tea on the occasion, and the utmost 0-
which was carried unanimously. feeling prevailed'. The teachers havingd diill
afforded, stated the encouragements se datlio
in their work which occurred to thefaairactl
year, and received suitable council an', festlwv, .-,-
future guidance and success. The chic' wsst)l,''
in the business of the evening, however'dot, t!,g;
tion of books to their valued superintea „eclt/ p,
Burdon, by his pastor, brother teacheOl'eticl;:
The circumstance of his persevere-35% tlagef
his labours amongst the "lambs of t:0-ieboeli,4
removal shortly from the scene of the,-do
the
the Church Missionary College, 1)(71 the!',. I
them this unconstrained testimonY ,e,,,itiels,,„,„t
4
love.. The rev. gentleman in an e 7 66;0 0 I
vented him with handsome copies ai.,,,es 7
• ..liriuq prop,
"Commentary on the Bible,' r. ot 0' 1
Psalm," " Newton on tue fulfiltnen' e,'' ro.:
M`Neile's " Church and the Churallopetedior4l
gratefully acknowledged their effectni rocceil?
brief but appropriate reply. The t',., pod etli4
evening were prolonged to,a late hae'up altilei'i,"
in prayer and praise, the party brokastreeg 0 ,
having the bonds of Cbnistian lovedoyiaej 4.,,energies restrung for futtwe self- oblecete Y.
firmly persuaded of the good results rte iciP
sympathy and co-operation their lle.a'ely yep ,
glowing with warmth, of love and all/ I
If the Lord. ,a,

COMMERCIAL AND MONETARY REPORT.

Monday Night.
The accounts from the Continent are more satisfactory.
Telegraphic despatches from Paris up to 11 o'clock yester-
day—the anniversary of the revolution—announce that the
city was perfectly tranquil ; and although the Danish
question is still open, and there seems to be some little
uncertainty as to when it will be closed, the general
opinion is that hostilities will not be resumed. The com-
mercial accounts from India and China are considered
favourable, on the whole. The intelligence from Bombay
is rather of an obverse tendency, except that the rate of
exchange had improved. The English funds did not
show much firmness on Saturday, but they opened and
closed at an advance of an eighth on the last prices of
Friday. Consols for money began at 951 to 4, and they
returned to this quotation after having temporarily re-
ceded to 95. The Bank returns, shewing an increase of
£240,000 in the bullion, contributed to counteract the
dulness that was otherwise observable.
Prices in the Share market during the past week have
gradually declined. Londons have receded 5 per cent.
since the reduction of the dividend from 7 to 5 per cent.,
and this has unfavourably influenced prices generally,
though many of the reports issued preparatory to the
half-yearly meetings are by no, means less satisfactory
than was expected. The London meeting was held on
Thursday, when Mr. Glyn entered at length into the state
and prospects of the line. ila spoke with great confidence
as to this being the last reduction of dividend to which the
shareholders would have to submit, and promised a very
early closing of the capital account. He assured the pro-
prietors also that they might expect higher dividends and
better prices for their stock in days to come, and fortified
his assertion by stating that they (the directors) had had
a prospective statement of the affairs of the company laid
before them, upo.n which his assertion was based. Five
and a half per cent. was the dividend recommended by
the directors, but an amendment was moved by Mr. Moon,
awl. carried, "that it be only five per cent. ;" this will
teave a surplus of about £BO,OOO. The Midland
statement has been circulated ; this company intend
paying 2} per cent. per annum, and carrying over a
surplus of about £15,000. The expose, on the whole,
is considered satisfactory, and would have advanced
the shares, but for the general gloom. The Eastern
Counties propose a dividend of 3/ per share, ; the York
and North Midland of 10/ per 31A4r94 letiTia4 surplus Qf

„-
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TUESDAY, FEl3',OOl/I;,i
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