The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1851-05-27 00:00:00

Nay 27, 1851•

COMMERCIAL AND MONETARY NEWS'

Monday Nig
The same listlessness and want of animation, which
rte
have had the unpleasant task to record for so many
nay months, we are sorry to say, still prevails inour prods
markets. Sugar has been heavy of sale at is
erdlthwe
prices, and in tea or coffee there is little doing, lnde trout
ruinous offers made of the latter article imported
our once thriving colonies, are deplorable. Rice is e
lower, arising from the depressed state of the corn mark 4
to which there appears no bottom, present prices beingrA
least 10s. per quarter lower than the free traders foretold
that they could possibly be.
The Niagara steamer arrived yesterday morning fr,°.,utt
Boston. The receipts of cotton had again increased,
_p
in consequence of the cold weather, prices which bad oi'
down on receipt of the declining state of this market,funiii
proved again, and taking into account charges. were Am
id. per lb. above our present prices. To-day 10,0001 Ni-
- been sold at full rates.
Our Share market has been greatly agitated throughout
the week, and under the pressure of continuous loan sales:
prices have materially declined. Several large bull a
counts also have been closed during the week, and °P..;
rations for a fall undertaken ; these, together, have sa'
to the mischief. As a set off, however, against them;
there has been a considerable—(in the aggregate)-4u
spent in shares, which will tell when the account day ~.,
rives, and rent:er the settlement easier than the gl°°l
ones anticipate. Our market on Saturday and this I
has been firmer; the tone better; prices higher, and
cessation of actual sales. We annex this day's quotation
Aberdeen, 124 ; Caledonian, 14 : East L•lncashire, lha 2' l:
Old Leeds, 574 8 ; Do. Fifths, 7 3-16 d ; •L'pool Cr°
and S'port, Id ; London stock, 124 34 3; Do. new Cleari
ters, 34 4 4 4p; Wel:ester Shef and L'coln, 28; Midlane;
561- ; Do. Halves, 154 16d •, St. Helens pref. guar.
' 5yA,
cent. 133 • Old Dovers, 244 4 ; York and North Midi
land, 234 a; Do. 14cl.
The accounts from the manufacturing districts contiaues
to negative the flattering picture painted by the advbee te
of free trade. The following is from the circular for
Messrs. Gibson, Ord, and Co., drawn up for despatch
the India mail, and dated 22d instant :
"Since we last addressed you we have had a series of delto
and drooping markets, with an almost unvarying tendellla
a lower range of prices,—mainly, if not entirely, resulting go' 0
want of confidence, amounting in some instances almost
tispsncaedntt:oip,ecen;,osgoefdr,naeltoi
sl.rl
acts
titea'inisri
regeshi
rssipteeotirhsieflers the,onenenmet
tmlsioanri
see
est at remarkableeunsettled
est
caurgent
state
r oe when
ialaasnlzeyaqrascacttuehm
accumulation
laisatei
no
ccan
oof
of getting
ea stocksss i g n e do. f
goof t
iron
or yarns, I,ut principally from an anxious desire on the PNef
e
tOcg
market renders it problematical what course it may eventle,
ne
rates,Lwi whatever
cros
ly
pursue, actuated as it now is, and has been for some time P,..
by adventitious circumstances—these local causes, more t 915
any advices we have reecived from the great cotton produclw
States, may account for the extreme sensitiveness in the ing,
ket for the raw material, which exercises so baneful an in•ng
ence upon this market, by unsettling prices, and renderto,
operations most unsatisfactory to both buyers and sellner,
There has been a considerable fall in some articles of link '1
rero
and a degree of languor and inactivity appears to P
throughout the produce markets generally, which, together IL,
the heavy exports to China and the East, and an unusual 171,
nation in our home trade demand, have operated most fireJ
dicially on our market here."
from
A very striking and significant fact was noticed •-,
the Liverpool Bill of Entry last week, viz., the ar,rl„' oiof
direct from France, of a consignment of 100 casas„bt
French pork. The millers of that country are no an'
preparing to send us, in the shape of meat, the bran
other feeding stuffs which they derive from the vast 440,
tities of fine flour, with which they deluge our mar"
This is their trial shipment.
The following report of the iron trade, from the
mingham Gazette of to-day, is only another melanc%j
proof of the present lamentable conditioniK the industri
interests of the country : ros'
Ti Nothing has yet transpired to enliven the position or r tO
pects of this trade. Although the aggregate demand seen
so
be but slightlydimimshed, orders are chiefly for light gooLsippti
they are altogether inadequate to afford general emploPu;so
while, as usually happens under the influence of a down" tO
tendency, business is being done with but little satisfactioastid
either buyer or seller. Common qualities: of iron, ralL for
bars, are notoriously being sold at rates varying from
Iss. per ton below the nominal prices, and other descriPiinig
show a still wider range; sheets as far as 20s. to 255. In
iron there is an unusual variation of 20s. per ton betwee„,"rice
extreme qualities ; and generally, a decided giving-way in Ehjcp•
has taken place during the last month. The figures at W
pigs are bought are now mainly dependent upon the Cir,,c,h ire
stance of the makers. The interests of South Stafforir„ of
appear likely to be injuriously affected by the production
vast quantities of inferior metal, while quality is Ong bag
disregarded. In some instances, every other considerationno
been so far abandoned but that of cheapness, that pigs arce
of
made and sold in this district scarcely realisin
common brands in Glasgow, and certainly below them in vitioo
the Poole.
The almost unanimous rejection of the free-trade propos_ob
of M. de Sainte Bettye, by the Commission of the Fy.flig.
National Assembly, a leading feature of which was the a roil
slots of iron at a trifling fixed duty, is not calculated to brigi:,o
the expectations of a vastly increasing market for oUrrtie
upon the Continent. It not only confirms the retention of
present tariff in France, but the reasons adduced for reject to
tO
the principle of unrestricted competition are of a Datil/re-
excite reflection in other States where the abolition 0 401
tective duties was obtaining more favour through the c_;,'o,o
of our agents. The accounts from the United States also s_by
that the present extent of our exports can only be secuTtLin,
ianntdhat countrY•
of the worst symptoms of the present depression is a recx_on,
creaseadheri adhering to
consumption
very
low
can b rangee looked k e prices,f o
disposition to do business on any terms. In accepting
__‘A
tracts, profits seem to form no part of the calculation, siT,„e•
that no grey o;
of
those now in band very few will return a shadow of reran,
ration to the maker. A short time since it was announced,
a matter of congratulation, that a large order for cast iron 110;,.
had been taken by a well-known firm that would find emP,sl
ment throughout time summer for a vast number of hands; ',lei&
unfortunately, kter information from the same authority stet to
that the said hands a..e all "on strike," through an attempt 0,
exact from them more labour for the same wages—a swa
doubtless, found requisite in the execution of this how
order.

THE SEIZUREEO
OF SPURIOUS TEA.—We have ..•-•:„qg da e
thle
specimens of the spurious tea which was seized ill,ter
officers of the inland revenue, as recorded in a11e1.44
column, in its various stages of manufacture,
of the materials employed to colour and
flavour I the
The names of the officers who made the seizure °f es
es
tea are—Mr. Humphreys, collector, and Messrs. Je'socl
Reader, Jeremy Chadwick, John Henry Sproul',
William Bowen. Those who seized the tobacco were
Messrs. Reader, Chadwick, and Sproull.
BRITISH TEA V. UNITED STATES TEA I:, the
The North China Herald, of March 15th, gives Uirolll
following statistics of the comparrtive exports of ten from
Shanghae to Great Britain, and of the same article " to
Shanghae to the United States, from Ist July, 18501
March 15th, 1851 :
Tea from Shanhae to Great
Green—totalg pounds ... .
1,800,66661
Grand total
Tea from Shanghae to the United States : 86
Green—total pounds .. 5,4•15,L9
Grand total
Thus, America, taking less than ourselves by 7,0nt,, la
110 "-
lbs., is taking above five-eights of her total orove
green tea, the most expensive sort. We are taking,isclC.
than nine-tenths of our total supply in the inferior .utisoff
So much for our absurdly levied tea duties, which.' ibis
the complaints of every American on arriving 10
country, of the inferiority of our te. ore
NARROW ESCAPE.—An accidenat, which I:Digi t:O4
been attended with very serious consequences, ? coil'
yesterday afternoon, in North John-street. PC! Peco
taming two gentlemen, was being driven at a rell s
/oral
down Lord-street, when, just at the junction
edc gives
John-street, in consequence of the sudden cb.ol 10 a.
to the horse, for the purpose of guiding the an et, 5131 e
that street. it was thrown completely off ita
came to the ground on its side with a violenb,eoitlY
One of the gentlemen was thrown out and yell, au oe
contrived to alight on ois feet, his companion wag
thaowu thrown from his feet but remained in the al itg
this time the horse, a valuable animal, had repine!,
feet, and further Injury was happily prevented
the timely aid of a gentleman who went
to,
the horse's head. • It was then found that the gentile
men had not received the slightest personal injuv9Lingt
only damage sustained by the horse was a violent silk of
ot
and that of the vehicle was confined to the breeanel(
one of the shafts, which was temporarily repaired ill as it
minutes, and the gentlemen drove off, preserved,
almost seemed, by a miracle.
The Sunday Tinzes says that Father Ignatius bee
carded shoes and stockins.
The Yorkshire Gazetteg
says that Lord Londesbnreaogilt;
a free trader, has avowed to the Premier, that be
no longer support the government on that question'Totei
Mr. W. Entwisle denies in a letter in vesterdaYs dor
the statement of Mr. Cobden, that the Manchester e
tion scheme had failed.
At the Old Church, St. Helen's, on Sunda
,10
after sermons by the Rev. S. Minton, the sum of sC
collected for the schools. 109
oisP oisv
Preparations are in progress for a monster req
"
Cashel against the Ecclesiastical Titles Bill. The hbiOP
tion is headed by the signature of the " Lord Mc -
of Cashel." f tb°
ut, 0
The Rev. David Bell (the great clerical lig""sjor'','o
tenant league) has been chosen by an immense elotev"'
moderator for the ensuing year over the Pres
Synod of Armagh and Monaghan. A id
The bullion in the Bank of England has increase- '
£13,273,617 to £13,357,420, being a difference of ,ii34irelji
The paper in actual circulation has decrease'
the
£20,581,013 to £20,230,243. o, he •
Taking the Tablet to be the recognised orgoll,o the
Roman Catholics, there is no longer any doubt t"by
decrees of the synod of Thurles have been ratifie4 0 coej
Pope, and Ireland is therefore, as far as Ronlseeirsoioll
accomplish, to continue without the education le'
by the Queen's colleges.

r —-- - ---___—,,-------=------ :
801' t tIP,
LIVERPOOL CATTLE MARKET, YESTZ .rge e 0
There was an increased supply of Cattle at our nbl:tb 050 •
day over last week. The supply from Scotland was ''l, fell 'OO
rous and good. The trade was brisk, at full prices and kitty's.
prime realising 'aid. per lb. The supply of Sheep grid
was abundant, and of good quality, for which the cm"' ~.
fair.s Oflii.
PINKING T• 1
fer
44u
Prime first-class Heifers 4d. o
Second-class Heifers • ~. ~ 4,-• ,
4,
Prime first-class Oxen
Old Cows and half-fed Oxen 46dd.. ~,, 4gi r:,
Prima Wethers, in the Wool
Clipped Ditto 5O. ~ ~'4,d. t,
Second quality
Old Ewes
Lambs 64d. ~ i

LRPOOL : itt
TUESDAY MAY 27, 351. .o,b
PRINTED AND PUBLISHED EVERT TUESDA. ,reett.00
,-
By JOSHUA FLETCHER LACE, of 53, Grove s.;:eett
LEONARD ADDISON, of 14, Great Orford-I,
NO. 4. ST. GEORGE'S CRESCENT. LAYglardn,,AW. j
BIRKENHEAD: TODHUNTER, Cheater-street, ;
rg
PINENEY, Argyle-street; OsuoaNa, Choate-6
GRIFFITH, Hamilton-street.
00
ANNUAL SUBSCRIPTION. 0. •
ADvAOO€,. Do e. 20s. lON CREDIT., ,• '