The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-07-04 00:00:00

AMERICA.

The announcement from Southampton of the arrival of
the Hermann steamer, belonging to the New York and
Bremen line of packets, with dates from the former place
of the 20th ult., is rather unexpected, and shows her to
be a craft of the first class. She reached Southampton
yesterday, and brings the• account of the contract for the
16 millions loan having been chiefly taken by one house,
said to be in conjunction with the firm of Baring Brothers,
at rather more than 3 per cent. above par. There were
several other competitors made bidding, so that, as we
were formerly authorised to state, there has been no
difficulty in raising the money. This packet, to the sur-
prise of, most of the merchants, has again upwards of
$lOO,OOO on freight, with an announcement that about
an equal sum will be transmitted by the two following
steamers.. When every allowance is made for the dis-
credit of European paper rendering it difficult to dispose
of bills of a secondary character, it is impossible to ac-
count for the continuation of such a state of things, ex-
cept on the principle that large quantities of goods have
lately been thrown into the markets of the United States.
There was some appearance, however, of the rate of ex-
change receding a little, the latest quotations being
about 110.1.
It has not transpired that there are any later accounts
from Mexico, but the papers and letters have not yet
been delivered, and it consequently does not follow that
there are not' more recent accounts. The reduction of
the import duties in the Mexican ports of 40 per cent.
from the old tariff rates, is considered by the merchants
as certain to give a great stimulus to the trade of the
country, and an increase to the revenue, which will greatly
aid in restoring their finances.
The blacks at Martinique are still in a 'state of insur-
rection, and are still committing outrages and horrible
butcheries. The whites were flying in all directions, some
to New Orleans. Business•of all kinds was at a stand.
YUCATAN.

The intelligence from this place is of the most alarming
character. The Indians are increasing in strength, and
continue their devastations, slaughtering all who unhappily
fall into their hands. A large Indian force near Ticul is
advancing rapidly towards the city.
Sitilpech was taken by storm on the 18th, and Sisal was
crowded with refugees from theinterior,whoselandshad been
laid waste.

From the town of CHU'', district of Motul, the govern-
ment troops were obliged to retreat fighting. The Indians
occupied the town-7-burnt some houses, and left when the
troops retired.

A letter from Vienna of the 27th ult. mentions the
surrender of Palma Nuova to the Austrians on the 25th.
The whole of the material of war, including a large park,
of siege artillery, were arnongst the trophies gained. The
conditions of the surrender are not given.

• MONEY MARKET—YESTEunAy.
The removal of all apprehension amongst the Stock Ex-
change people about a loan being required for the service of the
year, in consequence of a statement made by the Chancellor of
the Exchequer on Friday evening, opened Consols for the Ac-
count this morning another per cent. higher than they closed
on Saturday ; they were done at 85i, but have subsequently
reacted to 85k, at which they are now buyers. A good deal of
business has been transacted, a
.great many of the "bear"
accounts having been bought in immediately after the com-
mencement of business. The" Three per Cent. Reduced have
been done at 85R to the Three:mut-a-Quarter per Cents. from
86,1 to 86, Bank Stock 1911, ExCheqUer-bills 295. to 325., and
India Bonds 17s. to 20s. pm.
Less business in proportion has been done in Foreign Securi-
ties. Spanish Five per Cents. have been done at 12, the Three
per Cents. 21al, Passive 3i, Mexican MI 17k, Portuguese Four
per Cents 17 18, Chilian 81, and Dutch Two-a-Half per Cents.
43

tile Railway Share market continues rather firmer, and
prices slowly on the advance. The accounts received from
Paris, announcing that the Finance Minister 'bad determined
not to proceed at present with the bill for the confiscation of
the railways, has made sellers pause, although it has not yet
infused sufficient confidence to produce buyers to any extent.

LONDON CORN MARKET.-YESTERDAY.

We still have stormy and unsettled weather.
At this day's market we had only a moderate supply of
English Wheat, which met a quick sale at a further advance of
Is to 2s per quarter over the currency of this day week.
Foreign had a better sale at a similar improvement.
Indian Corn in limited request; but the article being scarce,
late rates were fully realised.
__

Foreign Barley sold more readily at a reduction oils. per qr.,
and some quantity taken by country buyers.
Malt and Beans without alteration. Boiling Pease is. to 2s.
lower.

Our arrivals of Oats continue to exceed the present demand,
which prevents any improvement being recovered from the
late depression, but buyers showed great disposition to take
with more freedom at our previous currency, while any re-
quired advance checks business.