The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-03-14 00:00:00

THE LIVERPOOL STANDARD.

GENERAL TRADE REPORT,

LIVERPOOL EXCHANGE, YESTERDAY.

To date anything of commercial interest from the sce-tie
of confusion and uproar which took place yesterday on
the Exchange flags appears almost an absurdity. An
unruly mob, assembled under the pretext of demanding
redress for grievances at present complained of by the
Liverpool porters, took possession of the area, and diverted
the attention of the mercantile community from their
usual avocations to the more important object of securing
their own personal safety. The Exchange News-room
was closed, and all business suspended. We are con-
fidently assured that only a very small minority of the
persons present consisted or the regular porters of the
town, who are generally satisfied with the explanation
and promises of assistance guaranteed to them by the
magistrates; and we mainly attribute this inopportune
interruption to the little business likely to be transacted
during the present crisis, to the wilfulness of idle and ill-
disposed individuals. With respect to trade and monetary
affairs, we have nothing to report but all-pervading dull-
ness. What with revolutions and bankruptcies abroad,
and mob rows at home, business in the share market has
been well nigh annihilated. What little has been done
during the last week has been at a trifling advance upon
the lowest quotations. Immediately after the news of
the establishment of the Republic of Fiance arrived,
London Stock advanced to 137 from 126;;-. Midland,
102 from 97, and the Half-shares, 5 dis. from' I dis. ; still
there is no great hope entertained of any further advance
until politics generally assume a more settled aspect. A
list of yesterday's prices will be found elsewhere. Consols
have again receded since our last, having reached the
highest point on the close of Monday's business. 82,1
were obtained on Tuesday, since which they have ranged
between 811 and 801. Last night the closing quotations
were 801 to I.

It is adifficult matter to draw up an exact and particu-
lar account of the state of the Corrox MARKET to:-day ;
the demand has been good, and the attendance of buyers
numerous, but owing to the excited and unsettled- ap-
pearance of things outside, the business has all been-in
dribbling parcels for the immediate wants of consumers.
Prices are rather irregular, and in many cases they are
lower than they were on Saturday. Holders, without
unnecessarily pressing their stocks on the market, are
nevertheless willing- sellers, and the late arrivals are clear-
- ing off, day by day. The small profit which the im—
porter was receiving a week or two since has disappeared,
- and the decline from the highest point is now id. to td. per
lb. The presentprices of the three descriptions of American
, "fair " cotton, as compared with the corresponding period
of last year, are : 1848.. 1847.
New Orleans 6O. per poun4.
Mobile
Uplands
There has not been anything doing in our Wool, MAR-
IKET this week, but for all this- prices are firm. We have
a public sale here on the 30th instant, when about 400
lbales Australian, and 2000 bales- Egyptian, Turkey, and
; Entre Rios (of wnich some are very superior) will be of-
- fered. Imports for the week :--Iroreign.—Bombay, 413,
Monte Video, 337, previously, 16,963, total, 17,703.
Sc_oick-356, previously, 2,616; total, 2,972.

We have nothing further to repot- in the other co-
lonial markets since Friday' last, information up to
which date will' be found in our seventh page.
—The London markets have been characterised during
the week by considerable heaviness; and a great desire on
the part of the various dealers to avoidtransactions of every
description. Saltpetre has continued to command atten-
tion, but this is the only exception to the general de-
pression.

The Scotch Pia litoN. market has been in a very de-
pressed state during the past week, and' prices have still
further receded. The present quotations are : No. 1,
465. ; Mixed Nos., 445. ; No. 3, 425. 6d. to 435., in Glas-
gow, with a downward tendency; bars- its Wales, £7, to
£7 103.

We have to notice an improvement in the TIMBER
TRADE of this town, the leading articles being in better
demand. The sales on Friday were—a cargo of St. John
pine, 18 inches calliper average, at 160. per foot; with
birch at 14. per foot, and deals at £8 16s. per standard,
and during the last 14 days a cargo of St. John at 18d.
per foot ; for yellow pine 16d. per footl- for birch 15d. per
foot ; for red pine and deals at £9- per standard. Three
cargoes of Quebec pine, imported in 1945., at 124 d. per
foot, one at 121 d. per foot, and one imported in 1846 at
14d. per foot. A cargo of spruce spars at 18}d. per foot ;
poles at Is. 3d. each; oar rafters and sweeps at 3s. Id.
each ; laths at 14s. per M, and pickets at 323. 6d. per M.
A cargo of Miramichi deals at £8 108. per standard. A
cargo of Swedish fir at 19d. per foot, and deals at £l4.

The transactions in the LIVERPOOL, CORN TRADE since
Friday have been very trivial in amount, except for In-
dian Corn, of which article the purchases have been
chiefly for export to Ireland. Notwithstanding the small-
ness of our supplies, there is no activityin the trade, nor
any elevation in price to note since Friday ; in fact, al-
though we might have expected, on the- resumption of
the duties, and consequent decrease in our imports, a
considerable improvement both in price mul demand, the
preponderating influence of the general stagnation and
uncertainty has not been without its effect. In the coun-
try markets, however, prices have generally taken a slight
advance, and the Trish markets are firm, with an improve-
ment in the leading towns. The Mani Lane Express
says " The immediate effect of a cessation of a totally
free importation will probably be to inspire holders with
more confidence, and some slight advance in prices may
perhaps ensue. We are, however, still of opinion that in
the existing state of affairs no material rise can occur in
the value of breadstuffs, unless brought about by circum-
stances of which nothing can at present be known, such
as bad weather in the spring or summer, or political
events, resulting from the recent occurrences in Trance.
Looking at matters as they now stand,. there is reason for
supposing that supplies will not prOve frilly equal to meet
the demand so long as the latter continues to be only for
real consumption. A speculative demand, founded on
future contingolcies would of course alter affairs but
after the disastrous results of the past year's experience,
we are inclined to think that capitalists will be cautious
how they embark in fresh investments in corn."
The MARKET for IRISH PROVISIONS presents little
variation since Our last report. The finer kinds of Irish
Butter, of which 3,927' firkins, 771 crocks, arrived last
week (yesterday inclusive), continue in fair request, and
the stock in Liverpool is greatly reduced. Hams unsale-
able. There is no doubt but that the supply from Ire-
land of hams and shoulders, as-well as pork and bacon,
will be considerably less this year than last.

Prices in Liverpool, yesterdi:--BuTTER : Waterford, Rs&
to 948. ;_ Kilkenny, Carlow, and Clonmel, 88s. to 925. ; Carrick,

86s. to 88s. ; We;dord,Carlow,BBs.toB9W. ; Belfast, 88s. to
Ballymoney and Coleraine, 868. to 89s. ; Banbridge, 848. to 888.;
Newry and Dundalk, 80s. to 825.: Dublin, Carlow, 848. to 888. ;
Sligo, 80s. to 86s. ; Londonderry, 82s. to 865.—BACON : long
Middles, free from bone (new), 565. to 60s. ; short middles, 58s.
to 608.—LARD : fine keg, 60s. to 665.

In the r~Mrrßrenx o--;TRAns there has been a
good demand for Beef, and a fair extent of business done
in that article. Prime Mess Pork much wanted ; the few
parcels of good quality which have been received have
been eagerly taken at 70s. to 725. 6d. For old strips there
has been a good demand-for Ireland, and all of good qua-
lity, offering at 50s. or under, has been taken. A parcel
of new has been sold at 60. Bacon continues in fair re
quest, a ready sale being obtainable for the article as soon
as imported. The market is fully well cleared of old
Hams and Shoulders, and we have very few new. The
imports of Cheese already in the market have met with a
ready sale at improving rates. Although we have bad
heavy importations of Lard, former prices have been
maintained.

Prices of American Provisions at Liverpool (duty paid) :
Cheese.—Fine, 485 to 52s per cwt.; middling, 42s to 46a; ordi-
nary. 39s to 41s.—Beef.—U.S.- Prime Mess, per tee. 304 lb.,
85s to 90s; ordinary, 76s to 83s, old 608 to 68s; extra, India,
family, &c., 95s to 105 s; ditto, per half-barrel, 30s to 355.
Mess, per barrel, 200 lb., 50s to 56s ; ordinary, 40s to 468, old
36s to 408 ; prime, 348 to 36s.—Pork.—U.S.—Prime Mess,
per barrel, 200 lb., 65s to 755, old 48s to 60s ; prime, 40s to 455,
old 38s to 408; mess, family mess, &c., 58s to 625, old 48s. to
595.—Bacon.—Long middles, free from bone, 48s to 54s per
cwt. ; ditto, rib in, 428 to 545; old, 35s to 428. Short middles,
free from bone, 48s to 56s ; ditto, rib in, 478 to 538 ; old, 35s to
425. Shoulders, old, 22s to 26s.—Hams.—Dried, old, 20s to
50s ; in salt, 388 to 455, old 26s to 325.--Lord.—Fine, in kegs,
508 to 52s per cwt.; fine, in barrels, 508 to 51s; ordinary to
middling, 47s to 49s ; inferior, and grease, 40s to 428.--B/ti6er.
—Canada, 58s to 67s per cwt.—Soda Biscuit, 308 to 35s per cwt.
—Pilot Biscuit, 156 to 20s per cwt.—Onions, 4s to 3s per cwt.—
Apples, 205 to 30s per barrel.

-finpOrts, from 24th Feb. to Bth March :—Cheese, 260 casks,
2365 boxes ; Beef, 911 tierces, 495 barrels; Pork, 14 tierces, 523
barrels; Bacon, 2031 cwts. ; Hams, 4 casks; Lard, 1628 bar-
rels, 6468 kegs, 58 cases. _ _

We sul jolii the prices of FOREIGN FRUIT :—the pre-
vailing feature of the market is the continued unprece-
dentedly large supplies of oranges from Terceira and
St. Michael's, which have tended to keep the prices down
at the low figure they commenced at the early part of the
season. . _

of Foreign Fruit in Liverpool (duty paid)

Currants

428 per cwt.

40s to 445, 4-boxes 465 to 48s,—M It L boxes 54s to 60s, -i-b Ox-es
528 to 565, 4-boxes 60s to 625, cartoons 75s to 80s; Valencia,
36s to 405 ; Denis, 30s to 328 ; Lexia, 24s to 268; Sultana, 70s
to 735. Figs—Turkey, pulled, 34s to 565 per cwt. ; Blom, 65s
to 808; Calamata, 30s to Us. Plums—Prunes, 348 to 35s per
cwt. Almonds—Jordan, 160 a to 180 s per cwt. ; Soft Shell, Spa-
nish, 455. Oranges—Sicily, Os to lOs per box ; St. Michael,
20s to 248 6d; Lisbon, 16s to 188. Lemons—Messina, 18s to 20s
per case, 12s to 148 per box. Nuts—Barcelona. 42s to 43s per
bag ; Sicily, 308 to 328; Turkey, 218 to 22s ; Black, Spanish,
365 to 37s per barrel ; Walnuts, 6s to 8s per bushel.

There was upon the whole a better tone about the stock
market on Friday, but the improvement in prices was
merely fractional, Consols on leaving off on Friday afternoon
being 801 to 1 for money and account ; on Thursday, 80
sellers. The scarcity of money stock, which was repeat-
edly quoted higher than for time, is just now a rather
powerful auxiliary in the support of prices ; the inclination
of the funds, in the absence of this counteracting course,
would in general opinion be of a more decided downward
cast still. There was again difficulty experienced in the
disposal of bills upon 'Change, and with the exception of
Holland and Frankfort, the rates were rather higher.
The English funds opened on Saturday at an improve-
ment of a quarter per cent., and subsequently experienced
a further advance, until the publication of the intelligence
from France, when, owing to the rapidly increasing signs
of the approach of a financial chaos in that country, Con_
pis receded per cent. The first quotation for money
and account was 81 to 1, whence they rose to 811. A re-
action then took place to 80, and they closed at 81
sellers. Bank Stock reduced, Three-and -a-Quarter per
Cents., Long Annuities, and India Stock, are now all
shut for the dividends. India Bonds left off ss. to 10s.
premium ; and Exchequer-hills (June), 21s. to 30s. prem.
The operations in foreign stocks were wholly unimportant.
The Dank of England returns for the week ending

the 4th inst. chew that the notes in restive had increased
by £91,970, the gross amount standing at £9,830,215 ;
which, with £668,697 in specie in the banking depart-
ment, made a total reserve of £10,498,912. From the in-
crease under the head " other securities" of £182,215, it
may be gathered that the Bank was obtaining a better
share of discount business, as money was becoming rather
dearer. It might be, however, that the increase arose
principally from loans on stock or other securities.
The amount of notes in circulation is £18,375,615,
being an increase of £195,860; and the stock of bullion
in both departments is £14,873,927, showing an increase
of £113,112, when compared with the preceding return.

The Freltch journals profess an expectation that the
Marseilles Bank will shortly be able meet all demands in
full.

Messrs. Gouin and Co., of Paris, are understood to have
called upon their shareholders to pay up 15,000,000 f. so as
to enable the bank to resume.

Letters from nordeaux state that the general excite-
ment occasioned by the French revolution having passed.
commercial affairs were resuming their former activity.
The Nantes advices report that their banking adminis-
stration were doing all; they could to afford customers fa-
cilities, and the merchants were anticipating a favourable
change in affairs.

Advices from Belgium are encouraging. Confidence
was reviving, and within the last two days the banks had
discounted liberally.

At Antwerp, although the Bourse was open. there had
been but few bargains, at rather unsettled prices.
At Brussels the Societe G4nerale were holding out in-
ducements to the depositors in provincial savings' banks
to con7ert their deposits into• bonds of the society, with•
the view of increasing its financial resources. The failure
of the house of M. Messel was mentioned.

From Marnburgh it is stated that nothing can exceed'
the prevailing dulness.
At Frankfort business had been recommenced on the
Bourse, with better prices for neaey all public securities.
Letters from Amsterdam annothee the failure of the
firm of A. 1, Von Harpen and Sons; this being the six-
teenth house which had stopped during the week. A.
strong feeling of apprehension still prevailed. One favour-
able circumstance—the resumption of Messrs. Westen-
dorp and Co.--took place on the 6th instant.
Advices from Naples up to the 2d instant, state that the
funds continued heavy, the Five per Gents. being 991.
A loan and a change of ministers were talked of.

The followings the latest commercial information from
New York :

Exchange on London remains pretty much as per lists. The
best city bills brill; from 10 to 10i, but the quotations may be
fairly stated at from• 9i. to 101. For French bills the demand is
rather better, and voe hear of sales at from sf. 22t: tosf. 20c.
FLOUR.—The market continues firm, and prices are about
22ic. per barrel higher than on this day week. The arrivals
from New Orleans have not been as heavy as many expected,
and many western brands are becoming scarce; consequently
holders of Genessee are not disposed to sell at lessithan .8-6 25c.
to ,86 37ic.

G RAII.—For milling, here and at the east, there is a good
demand for wheat. The exporters do not take iV at present
rates. Among the sales are 1,500 bushels Genessee' at 136 to
13; ; 3,000 bushels on private terms 10,000 bushels Ohio and
common Western, at 118 e. to 130 c.
COAL.—Sales of Liverpool Orrel have been made at .88 50c.
four months, and of Pemberton's, at .83 75c. cash, which is a
decline from last week's prices. A cargo of Newcastle has
been disposed of on pri-aite terms. The market is rather heavy.
FREIGHTS.—Rates are low and but little freight offering.
Corn has been taken to -Glizsgow at 6d. ; oil and lard; 20s. per
ton. To Liverpool : Cotton, per 1b.,3-16d. ; beef, tierce-,25.6d.;
beef and pork, per barrel, ISd. • flour, Is. to 15d. ; turpentine,
18d. heavy goods, per ton, 20;. ; grain, per bushel 4}d. to sd.
MOVEMENTS OF COTTON IN THE UNITED STATES.
Rece:pts at ports of the U. S. since Sept. 1, 1847 1,183,193 bls.
IP sameperiod last year 1,211.218
•9 same-period the year before 1,147,1.02
Exports from the U. S. since Sept. 1,1847 597,737
71 PP same period last year 492,498

,
same,ileriod the tear before 577,149
If
The receipts at New York since the Ist inst. have been 31,000
bales. Exports, 10,000; taken by spinners, 14,000; stack in
the city,3B,ooo bales ; amount on sale, 20,000.