The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-07-25 00:00:00

GENERAL TRADE REPORT.

Monday Night.
No doubt appeared to exist on 'Change to-day that the
Irish will rise in the South of Ireland, in spite of the strong
preventive measures taken by Government; and although
great confidence is reposed in the foresight of those to
whom the preservation of peace is entrusted, the proba-
bility of an unhappy contest in that country, in its pre-
sent excited state, has had the natural effect of depressing
all speculative branches of trade. The West Indian in-
terest, however, suffers from another cause ; and a hitherto
unobserved failing in the Government measure has within
the laSt few days thrown the merchants and refiners into
considerable dismay. owing, as stated in the bi-monthly
circular of Messrs. T. and H. Littledale, to " the Cus-
toms admitting refined Sugar from the Continent at a
duty of 245. Bd. per cwt. By the old bill, refined Sugar
was admitted at a proportionate rate of duty, if imported
from the place of growth ; but on all other a prohibition
of 635. per cwt. was imposed. By the present, the prohi-
bition i 4 removed, and the several rates of duty are, from
wherever imported, 245. Bd. per cwt. on first refined, and
275. 9d. on double. This we can only look upon as an
oversight of the Government, and needs only being
brought before them to be remedied ; otherwise it would
be the heaviest blow at our own Colonies, particularly
Jamaica, and refiners, which has yet been given—the
Dutch, as we understand, receiving a drawback on their
exports of 2s. 6d. per cwt." Meanwhile, the effect upon
the market has been, that sugars suitable for refining
purposes are selling for 2s. to 3s. less money than could
be obtained a week ago. We have good reports from the
manufacturing districts : the home trade is brisk ; and,
as we anticipated, the export demand for goods and yarns
has considerably increased, accompanied by some advance
on the low prices which have so long prevailed. The
greatest facilities are also offered to trade by the easy rate
at which money can be procured ; and although consols
have fallen a little in consequence of the Irish business,
they closed on Saturday at the respectable price of 871- to
1; for the 10th of August, the last quotation was 877 to 7.
The accounts from France contain no new features of
much importance; an addition of £79,000 to the deposits
of the public, and the absence of any material change in
the present low state of the discounts, still serve to indi-
' cute the continued paralysis of trade. Advices from
Vienna show a steady increase of confidence ; whilst at
Naples, on the 14th instant, the reaction in the funds
consequent upon the news from Sicily was still going on,
the Five per Cents on that day having fallen to 86.
The CorroN trade, which 'was going on swimingly at
the beginning of the week, has fallen off since the confir-
mation of the disturbed state of Ireland, and although
the daily sales were large up to the close of last week, the
slight advance which had been realized on the previous
week's prices was lost. There has been only a small at-
tendance of spinners at market TO-DAY, which has re-
lapsed into a state of inactivity again, owing entirely to
the suspense arising out, of the unsettled state of matters
in Ireland. The trade in conseqence have purchased spa-
ringly, speculationfor the present being checked, so that the
business, inclusive of 1000 for export, will not amount to
more than 4,500 bales of all kinds. In prices there is no
material alteration to notice, probably a fraction in favour
of purchasers, as holders do not appear at all anxious to
press sales beyond the demand, feeling confidence in the
measures being adopted by government towards Ireland.
Advices from New York, per Cambria, state that holders
had consented to a decline of 7 @ 7 of a cent le- lh., gene-
rally * ; and that consequently there had been more
business doing, both for shipment and home use. The
market, however, was still dull. The receipts at all the
shipping ports were 2,203,984 hales, against 1,736,712 to
same dates last year--an increase this season of 467,272
bales. The total foreign export this year is 609,044 bales
more than last—say, 441,929 increase to Great Britain.
73,000 increase to France, 50,819 increase to North of
Europe, and 43,296 increase to other foreign ports. The
shipments from southern to northern ports are 71,882
bales more this season than last; and there is a decrease
in stock of. 113,250 bales. The sales quoted were 2400
bales, as follows : Upland and Mobile, N. 0.,
Florida. and Texas.
1400 bales. 1000 bales.
Inferior
Ordinary to good ord 57 57 e. 51 ) 57- c.
Middling to good mid 6 67 c. 6,1, 61 c.
Middling fair to fair 67 a 67- a. 64 (s) 77 a.
Fully fair to good fair
Fine nominal. nominal.
The total import, from the Ist to the Bth instant, was
2,253 bales. The export, from the Ist to the 30th June,
1848, was 15.276 bales ; 1847, 3,445 bales. Export, from
the United States, since Ist Sept. last, 1,637,641 bales ;
same time last year, 1,028,597 bales.
The CORN Market here is steady for every article of
the. trade, without any material alteration in price since
Friday. There is rather more inquiry for Indian Corn
and Wheat, although we have not heard of any large
extent of business done in the latter article. Imports
into this port since Thursday last:—Wheat, from Ireland
110 qrs., coastwise 1220 ; Malt, coastwise 3384 qrs. ;
Beans, coastwise 64 qrs., Europe 2857 ; Indian Corn, U.
States 5162 qrs. • Oatmeal, coastwise 35 ids., U. States
12; Flour, Ireland 16 sacks, Canada 1864 brls., U. States
3 brls. Exports:—Wheat, coastwise 160 qrs. •, Beans,
coastwise 320 qrs. ; Indian Corn, for Ireland 2630 qrs.,
coastwise 4 ; Indian Corn Meal, for Ireland 440 brls.,
coastwise 100 ; Flour, coastwise 216 sacks 344 brls.—
Throughout the country Wheat is rather higher, and
from 2s. to 3s. advance has been realised to-day in the
London market. The Irish markets are generally firm,
owing to the smallness of stocks. With regard to the
Potato crop, although unfavourable reports continue to
reach us from various quarters, we still decline to adopt
them without much reservation. The quantity and qua-
lity of those brought into the market warrant us in using
great caution ; and as we have seen finer and healthier
specimens this season than for some years past, we will
continue for the present to hope for the best.—A mer-
cantile letter from New York, dated 11th July, states :
" The grain and grass crops all over the country have
been most abundant, acrd as the shipments -of specie
have ceased, a good fall import trade is not improbable."
The New York Shipping and Commercial List, per
Cambria, states that there had been a good demand
for Western Flour for home use, and the sales had been
pretty large; yet the receipts exceeded the current in-
quiry, and the market for the most part was quite dull,
and if pressed by-holders, rather lower rates would have
to be submitted to. Corn Meal was in fair request, and
remained steady. Wheat had been in request for milling:
the market, however, was without particular change,
though rather in favour of the buyer, the demand having
been pretty freely met by holders. For Corn there was
an active demand, at an improvement of about one cent
per bushel. The receipts down the Hudson since the
opening of river navigation are as follow :

_
1848. 1847.
Wheat Flour bbls. 458,405 1,208,236
Corn deal 1;561 41,984
Wheat bush. 194,902 1,064,977
Corn
Rye . •
Export, from Ist to 30th June,
1848. 1847•
Wheat Flour bbls. 31,263 • 342,080
Corn
Wheat 1,834 397,437
Rye •
Barley
Oats 735 42,158
AMERICAN Bacon, having been put forward at a low
figure, has commanded attention, and dealers have cleared
off the greater portion of the inferior descriptions. Both
Hams and Shoulders have suffered a depreciation in value ;
the latter, however, meeting with a ready sale, whilst
transactions in the former are concluded with difficulty.
Considerable sales of Lard have been made this week, at
about last week's prices, with the exception of inferior
and Grease, which have declined from 3s. to 4s. The
demand for Prime Mess Pork has somewhat improved
this week, but the business has been confined to choice
lots. Nothing new in either Beef or Cheese.—Prices
current :

Cheese—(duty paid)—Fine, —s to —s per cwt. ; middling,
40s to 43s ; ordinary, 35s to 38s. Beef—U.S. (tree)—Prime
mess, per tree. 3041b.,_ 85s to 92s 6d_; ordinary, 80s to 83s, old
40s to 60s; extra, India, family, &c., 97s to 103 s; ditto, per
half-barrel, 30s to 35s;—mess, per barrel, 200%., 50s to 56s ;
ordinary, 40s to 465, old 36s to 40s; prime, 34s to 365. Pork—
U.S. (free)—Prime mess, 40s to 60s, sold —s to —s per barrel,
200 lb.; prime, 34s to 365, old 33s to 355; mess, family mess,
&c., 425 to 50s, old 405 to 455. Bacon—(free)—Eastern, —s to
—s; western, 25s to 455; shoulders, 19s 6d to 23s Od, old —s
per cwt. _Hauls—Dried, (duty paid,) old —s to —s per cwt. ;
in salt, (free,) 25s to 325. Lard—(free)—Fine, in kegs and bar-
rels, 39s to 41s per cat. ; good, in do. do., 37s to 38s; ordinary
to middling, 35s to 36s ; inferior, and grease, 32s to 31s.
Butter—Grease, (free,) —s to —s per cwt. Pilot Biscuit—
(duty paid)-15s to 20s per cwt. _ _ _

. _
Notwithstanding the reports which have reached us of
smaller markets and higher prices in Ireland, the demand
for Imsn Butter is only to a small amount here, and last
week's prices are barely maintained. Irish Bacon continues
a drug; hut Lard sells freely. Prices to-day (landed
here) :-Butter : Waterford, new, 80s. to 82s. ; Kilkenny,
Carlow, and Clonmel, 80s. to 81s. ; Carrick, new, 795. to
803. ; Wexford, Carlow, 80s. ; Belfast, 78s. to 81s. ; Bal-
lymoney and Coleraine, 775. to 795. ; Banbridge, 765. to
; Newry and Dundalk, 725. to 765. ; Londonderry,
765. to 78s. Bacon : Long Middles, free from bone, new,
565. to 575. ; Short Middles, free from bone, new, 575.
Hams : Dry, 655. to 725. Lard : Fine Keg, 50s. to 525,-
Arrivals for the week enclitic, this day : -Butter, 5159
firkins, 2029 crocks; Bacon, 136 bales; Hams, 6 hhds. ;
Lard, 3 tierces, 200 kegs.
The market for Scotch Pig IRON is extremely dull,
principally on account of the unfavourable nature of the
news from Ireland, which has taken away the disposition
to do business. The rates at Glasgow are 465. to 475. for
No. 1.-In New York, as per last advices, Scotch Pig was
somewhat lower-300 tons No. 1, to arrive, having sold
at 524, 6 mos. • English Bars were quoted 542.50 @
-813 ; and Swedes, -880 @ 5'82.50, on time.
The Mining Journal reports, that the inquiries made
for shares in leading mines are generally touch under
sellers' quotations, with the exception of South Basset
and South \Vheal Francis, which maintain present prices.
The present prices of TonAceo are as follow :-Jamcs'
River Leaf, faded, 21d. to 3d. ; ordinary sound, 3d. to 34-d.;
middling, 34d. to 411. ; good and fine, 441. d. to 51d. ; ditto
stemmed,laded, 2d. to 24d. ; ordinary sound, 3d. to 3i-d.;
middling, 4d. to 44d. ; good and fine, 41-d. to 51d. and 6d. :
Kentucky leaf, 2id. to -Id.; stemmed 31d. to sd. In the
United States the trade is- quite dull, and the sales not
worth reporting.
The ndneßmtaranddefodrurtiini
egmtle ai
nluafsatewtueleikngexdliisibtriitestsafeeling, the
shows
an improvement, and prices have an upward tendency,
though stocks here being light, all the cargoes that have I
arrived have been readily disposed of from the quay. We
are certain that this branch of business will improve
rapidly.
Foreign Wool. has been in good request this week, and
a fair extent of business has been done, in some cases at
an advance of 5 per cent. on previous rates, and all kinds
in demand may be said to have improved to this extent. '
Some large sales of Alpaca have been made, and although
the prices have not been alllowed to transpire, they are