The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1845-01-21 00:00:00

And here is the true and only real source of
prosperity to a country. Herd is the prosperity
desired by us and those who argce with us—a pros-
perity which diffuses itself amongst all classes, and
is not purchased for one class at the expense of
another. Ask of any manufacturer, or artisan, who
have been his best customers during the past year;
and his answer will be, the consuming classes
amongst our home population. The farmer has
had a good season, because the cheapness of his
produce has been made up for to him by the extra
quantity he has had to dispose of. The labouring
classes have been better consumers, because t dimi-
nished proportion of their earnings has been ab-
sorbed in the purchase of food ; whilst the commo-
dity they have to give in exchange—labour—has
been in demand.

So far, then, we go with the Mercury in his facts ;
but we demur at once to the deduction which
follows—viz., that " it is no longer a question how
vastly the welfare of the people would be promoted
by such a law as would permit—nay, secure—all
the effects of a good harvest every year"—viz., by a
repeal of the corn laws. Say that we should have,
amongst those effects, cheap food for the people ;
we should certainly not have all those effects,
because we should not have prosperity of the agri-
cultural class, and their consequent ability to con•
sume. We should not have our present excellent
home trade; and this want would again operate
upon the manufacturing labourer and employer as
well. We might, possibly, have a little stimulation
of our export trade. We might make a few returns
for our imports of corn in manufactured goods.
But no material increase of trade can be expected to
arise from cheapening food by importation of
foreign products—nothing to compensate us for
the injury done to our home trade—until we begin
to purchase it by the adoption of that process, which
is the natural and contemplated result—viz., the
cheapening of labour and of the cost of production.
Here, we are aware, we shall be met with the
assertion that the price of labour does not depend
upon the price of food ; and the experience of the
past year will be pointed to as containing abundant
proof. But herein is the very fallacy which we
mainly want to expcse. It will be said, " This
year food has been cheap and abundant, whilst
wages have been advancing and labour in demand."
Granted. But the cheapness and abundance of
food has been created by the bounty of Providence;
the demand for labour, too, has been created by the
bounty of Providence, in giving us good harvests at
home and increased markets for our industry abroad.
There is an essential difference between cheapness,
thus created, and cheapness the result of extensive
importation—between cheapness with a large agri-
cultural population flourishing, and able to consume
and to employ, and cheapness with a ruined agri-
cultural population, neither able to consume nor to
employ, and only eager to force its surplus hands
into the market for manufacturing labour. The
former is compatible with the welfare of the many;
the latter, we feel assured, would prove a curse to
the many rather than a blessing.
We have entered into this brief explanation be-
cause we know not a fallacy more industriously put
forward or more deceptive in its effects than the
connexion sought to be established between cheap
food, by itself, and prosperity such as has attended
the industry of the nation during the past year.
The subject, however, is not beyond the compre-
hension of the humblest of our readers who will
examine it carefully, and divest their eyes of the
dust which free trade philosophers would fain
throw into them. Cheap food, the result of abun-
dance, like every other bounty bestowed upon a
people by Providence, is for the good of all; whilst
cheapness of every description, otherwise obtained, is
only good for the few and ruinous to the many.
We commend the subject to our readers for their
reflection.

The latter sorts we cannot average sufficiently to
show the decrease, owing to difference of the mode
adopted in classifying them. The per centage of
decrease in price of the American may, probably,
be nearly enough stated at 25 per cent., whilst that
of East India is more. The following were the
prices in the same weeks of some of the leading
numbers of yarn, viz.:—

1843. ;844. Incr. Decr.
-t-j
ti. d. d. ' d.
Common Seconds Water Twist, N 0.30 9 f 9 .. ..
Best Seconds Do. 121 10 .. 24
Common Seconds Water Twist, N 0.40 121 121 .. ..
Best Seconds Do. 15f 131 .. 24
Common Seconds Mule Twist, N 0.40 9 I 94
Best Seconds Do. 1111 10 .. 14-
Common Seconds Do. N 0.60 121' 134 1 ..
Best Seconds Do. 144 161 24 ..
Common Seconds Do. No. 80 161 181 2 ..
Best Seeonds Do. 1941 204 1 ..

Thus, in the price of water twist, the extreme
reduction is only 20 per cent., and in the common
descriptions nothing ; whilst in the mule yarns, and
especially in the finer counts, there is an actual and
considerable advance ; and thi3 notwithstanding
every description of cotton wool, with one insignifi-
cant exception, has declined in price. If these data
are fairly taken, the spinners must, for the last year,
have been realising tremendously on the average,
although their gains were somewhat checked by
speculation in the spring. A similar comparison of
the prices of the different descriptions of cloth will
show much the same result. For instance, the
prices of 27 in. hand-loom printing cloths was, on
the Ist of December, 1843, 4s. lid.; whilst, on
the same date of 1844, it was 4s. 2d. : the price of
27 in. 66 reed power-loom printing cloths was, on
the Ist of December, 1843, ss. 2d.; and on the
same date of 1844 it was ss. 4id : a proof that
the manufacturer of these staple articles has enjoyed
his share of prosperity as well as the spinner.
It is impossible not to feel gratification in contem-
plating such a state of things, more especially for
the prospect of increased comforts which it holds
out to the working classes of the manufacturing
districts. We hear, however, too much of endea-
vours on every side to increase our power of pro-
duction—of too many new mills rising up throughout
those, districts. There is no extent of demand
which the superabundant capital in this country
cannot, in a very brief period, reach, by the exten-
sion of machinery; and we fear, therefore, that,
unless great caution is used, the very brightness of
our present prospects may induce efforts to he
made in this direction which may result ruinously
to those who make them, and drive back the work-
ing population, now profitably employed, to suffering
similar to that from which they have so recently
emerged.

" But whether or not the councils of the wicked shall
continue to prevail, and the shafts of slander continue to
be directed against you, we at least shall cling closely to
you, and through you, as the connecting link, to the cen-
tre of Catholic unity. You are our bishop—we are your
clergy. You will cling to the 'successor of Peter and
Damasus ;' and we will cling to you. You are our pastor ;
your voice we shall always lovingly hear. You are our
good father, from whom we have never experienced a
harsh word, or harsh exercise of authority : we are your
children, and shall not leave your grey hairs, and your aged
and anointed head, to be buffeted and spit upon. In the
day of your suffering we shall suffer with you ; and, as
the blessed Lawrence desired to follow his venerable
bishop, Xyatus, to martyrdom, so, if even that trial should
come upon you, we desire to share it with you."

We await with anxiety the issue of this state of
antagonism in the camp of the disturbers of Ireland
and the enemies of Protestant liberties in that
country. We would be amongst the first to depre-
cate the. propriety of any attempt being made, " by
any misdirection" of the government of Great
Britain, to bring about even peaceable and beneficial
ends by practices which partake of the character of
intrigue. We trust that nothing partaking of this
character has been attempted in the present case;
and rejoice, therefore, to see that there is a self-
adjusted limit beyond which even the agitation of
an O'Connell cannot hurry even the benighted
people over whose minds his sway is, unhappily,
only despotic and dangerous. It is clear this limit
has, at length, been found ; and we wait for the
issue, whatever it may he—either the downfal of a
demagogue's lawless influence, or the utter enslaving
and degradation of the Romish priesthood of Ire-
land, which must be the issue of submission to his
dictation. Appearances at present point to the
former as the most likely alternative.

\Ve are induced to give the following letter in this
place, on account of the importance of the subject
of which it treats :
Having been a close observer, for some time past, of
your jealous guardianship of the just rights of the good
old town and trade of Liverpool against the occasional
misrepresentati ns and one-sided views of our Manchester
neighbours, through their influential organ, the Man-
chester Guardian, I venture to solicit a portion of
your columns which shall be occupied in making a few
calm and unruffled obserxations on the present question
between the importers and consumers of cotton wool,
which has already stirred up the troubled waters of that
discontent of late so manifest in quarters where it was
least expected. But to our business.
First, the alleged grievances of the importers. It is
acknowledged on all hands that the present open-handed,
confiding, honourable plan of conducting the cotton trade
has been abused ; but the abuses are of such a nature
that an active, persevering man of business may always ob-
viate them by diligently following up his samples from time
to time. This would prevent their being piled mountains
high, or as the " Letter-writer" expressed it, locked up
in some of the offices, to the detriment and prejudice of
the holders. Against this grievance put forth by the
merchant may be placed a very strong counteracting one
by the consumer, viz. that of incessant submission
to an offered price. All interested in the trade
are conversant with, and have often been annoyed
by. this tantalizing " nibble " system, bearing
da'e with the introduction into the trade of in-
experienced and inefficient men, who have always
the bow-string placed upon them by the merchants, with
whom the system is in high favour—even to the prejudice
of brokers of long experience and acknowledged skill in
The state of parties in Ireland is at this moment their profession. If the new system be eventually carried
one of a peculiar aspect, and to Mr. Daniel O'Connell out, adieu to " I'll submit your offer," it must be yea or
one not to be contemplated with very pleasurable
nay—prompt and decisive, take it or leave it—and thus
set ahigher value uponthe talent and judgment of the
feeling. On the contrary, it seems to have wrought buyer.
that wily personage into a state of fermentation and It has been truly said that no business on so large a
perplexity which almost incapacitates him from scale was ever conducted so honourably and with so much
moving forward or backward, to right or to left, to good feeling amongst the parties as in Cotton, no signing
secure a place of temporary security, in which to ii,,fincontracts,sn bonds,oworci is
takenno
fur guarantees,eon t r our
contracts
lot h
thehag extentthe
collect together his scattered senses, and prepare of 5 and £lO,OOO, aid as to making a bad debt in Cottonx
himself for the ruin which he sees threatening it is scarcely ever heard of—then why rashly break
the success of his selfish and turbulent machi- through existing customs and turn upside-down the plan
nations. of business which has answered so well—it will certainly
bring into the trae a cl of d an m men who
"The Repeal" was progressing to something
will be prowlingd aboutass for cheapealerso I tsdw hichiddle the
like a state of lethargy—was becoming "small by retail to the less opulent spinner at a small profit. y may
degrees and beautifully less ;" and, by way of So much for the merchant. A. word or two for the
creating a diversion to stir it up into renewed acti- consumer. His grievances are so many that be knows
vity, the arch mendicant turned aside and indulged not to which he must give priority; unfortunately for
himself in a fling at those Roman Catholic prelates
himself, he fancies every plan against his interest, and
becomes furious in his declarations against what some of
who had consented to aid in the working of the them term the "rascally broker." 'Tis a trite saying,
--..
" Bequests Bill." Dr. Murray and his coadjutors " honour among thieves," ' and much as he may declare
The publication (by his son) of the excellent were not, however, to be driven from their position against them, the characters and principles of the cotton
okers of l will bear scrutiny. " Commercial Glance" which, under the able by the legal cunning of O'Connell or the ruffianly brh
Te year
theyrlB3 haddceLivep rtainly fin d several of them jobbing,
fe
authorship of the late John Burn, of Manchester, threats of his mobs. They saw in the act itself an
reward
confidencerd
in tlie loss
wonfi
ei their
was moneypre.
was for so many years regarded as the test of the acknowledgment, in some degree, of their rank in
as well which
well as in
the loss of h
progress of Great Britain in cotton manufacture, the Church to which they are attached, and believed viously reposed in them ; and even now, it is a common
enables us now to lay before our readers a few data, that its provisions might be worked with real advan- observ.tion, that any deviation from what was formerly
by which they may be enabled to arrive at a tole- tage to the mass of their fellow-countrymen. The considered straightforward and impartial conduct, is prac-
rably fair conclusion as to the extent of the prosperity agitator and his subservient priesthood and laity tised chiefly by those who have come from the rnanufactu-
orifngthdaitstirniteetrse,stand are, therefore, supposed to be jealous
which has happily visited this great staple branch of growled and bullied ; the Roman Catholic prelates
industry within the past year. remained firm ; and in the hottest of the hubbub a Mr. Editor—you will find in cotton a great mountain
The total consumption of cotton in England and bolt fell amongst the contending parties, in the form i- in labour ;it will bring forth a mouse; 'tis all sound and
Scotland, as shown by Mr. Burn, has been, for th of a rescript from the Pope, which strengthened fury, and will end in smoke. The proposed system could
year 1844, 1,427,422 bags, against 1,378,734 in materially the latter, whilst it literally scorched the not be carried out even provided all were to become
wag ents. The tra d is f two ret ma to
1843; or per week, 27,988 in 1844, against 27,034 turbulent hearts and obdurate consciences of the beillin confined to a dozen firms, o
and, until holders can
in 1843 ; giving a gross increase of 48,688 bags, or former. be controlled in the disposal of their favours, buyers
of 954 bags per week. The total quantity of yarn His Holiness expressed his disgustful reprehen- will not and cannot congregate by 30's and 40's in
spun in 1844 has been 445,577,4801h5., against sion of the proceedings of a large portion of the Irish the sale rooms of heavy sellers.—Much more on this
437,5'39,44111)5. in 1843 ; showing an increase this priesthood, and exhorted and enjoined them to point might be added, but I have already encroached too
year of 7,988,0391b5. This is not a large increase, abstain from further mixing themselves up in secular much on your space, and next week you may 'perhaps
being little more than one a half per cent, upon the matters,and to devote
OLD CO I TON-BROKER.
whole quantity spun ; but it must be borne in mind their religious duties and the inculcation of peace The following reply to the letter of Mr. Duck-
that we had an increase of 92,000,000 bales in and obedience amongst their flocks. The whole worth, in another column, was agreed to at a meeting
1843 over the preceding year 1842. legion of disturbers, priestly and lay, were forthwith held yesterday afternoon, at the office of Messrs.
The disposal of this quantity of yarn, deducting up in arms to resist an alleged interference by the Wrigley and Sons •
the portion spun in Scotland, 35,582,3881b5, of the head of their church with secular matters—their - "
disposal of which we have no data, appears to have secular matters. " The rescript is uncanonical, and To William Stuart, Esq., President of the American
been as follows :—We have exported lbs. of no effect," bawled the arch demagogue ;"It is .—Liverpool, 20th January, 1845.
amber of Commerce.
In manufactured goods
leave to address the merchants im-
In yarn . 130,101,903 sedition;" "It has been procured through machi- D porters of cotton through you, in reply to Mr. Hugh
serious In thread.. 2,731,039 nations carried on at the Vatican by an agent of the uckworth's letters of the 27th ultimo which they adopt
and make the basis of the very • s'
charge now con-
Peel administration, and is to be followed by a Con- templated in the custom of buyinga
taund selling cotton in
323,362,810 cordat which will bind the Romish Church of this market—a charge we deem highly injurious to the con-
.. 322,841,410 Ireland in fetters to the government," was the cry sumer, and of worse than no advantage to the merchant
of the spouters and scribes of the Liberal and Mr. Duckworth's communication classes the customs
Showing an increase of.. of the trade, which he considers detrimental to the
521,400 Repeal factions on both sides of the channel. sellers, thus :
in favour of the year 1844, or not more than one- Dr. Crolly, to whom it had been addressed, replied Firstly.—The selling broker giving up to the buying
sixth per cent.
by publishing the document, and proving its broker possession of the original samples.
The money value, however, of the exports of the canonical character. It circulated in an English Secondly.—The delay caused by his so doing, and the
two years shows a very different result. Of course, dress throughout Ireland. Its denunciations of the
eimpossibility of showing any lot of cotton to the whole of
it is not to be supposed that this can be ascertained turbulence of the priesthood, and the declaration of Thirdly.—The
buyersirdly h
Teimpossibility
attending the
n ind
corn ehde a y .
present custom
with perfect accuracy for either year; but the prin- the Sovereign Pontiff that such turbulence was dis- of keeping the samples entir andl the consequent disad-
ciple upon which both are calculated by Mr. Burn graceful and should cease, went abroad amongst vantage to the seller.
being the same, the comparison will be close upon Fourthly.—The usage ( f re-sampling the cotton after
two
thatrrer under the flocks of these reverend gentry ; and the agitator
the truth, In 1844, then, we find the value of was straightway exhibited cringing at the feet of the pugohwaset,haen first matters. And on each he enloargeers—
cotton exported in manufactured goods, yarn, and spiritual heads of his church, whom he had reviled, cotton.' He insistsnntdierrelytito threemseondtesoyfsteffm itriilge
thread, estimated at £20,500,949; against, in 1843, and acknowledging the perfectly canonical character seller has not a fair and open markleet,Pbecause the buying
£18,668,257 ; showing an increase in value, duringl of the document which he had just previously de- broker goes round the market at half-past nine in the
1844, of £1,832,492, or upwards of 10 per cent. I dared invalid. But the cry was still, "The morning, collects into his own office all the samples on
over the value of the preceding year. This increase, Concordat;" the fever of the rabble was still sought wholesale,and retains them for two hours, sometimes for the
moreover, has occurred notwithstanding a mate- 'to be kept up by the representation that the Pope Thisd, day
intended r) (i e pt
or i v
conveyt he s
teLlee f c
impressionom p eti ti
thato any
rially decreased cost of the raw material, but for himself was about to sell Roman Catholic Ireland one buyer retains for two or ore hours the offer of lots
which, supposing the quantity of manufactured to the British minister. At this crisis a document of cottons to the exclusion of all other buyers is untrue,

Total
Against in 1843

It is true the buying broker goes round the market in
the morning to collect samples of all the lots likely to suit
his friends wants. It is his duty to do so ; and business
is facilitated thereby. In brisk markets especially he com-
monly finds his industry closely confined to this mere
collection, for on receiving a small part only of the sam-
ples of a lot with the warning that it is " first come, fiat
served," he is told the selling broker cannot fix a price,
but if such an one is offered, it shall he submitted to the
owner's consideration. Your system of " submitting"
causes much delay, for most frequently half an hour, and
sometimes an hour and more elapses before the mer-
chants decision is given. You would do well to ask your-
selves if much of the delay in returning samples, of which
you complain, is not fairly attributable to this cause. Mr.
Duckworth next maintains the impossibility of keeping
the samples entire under the present custom, the conse-
quent disadvantage to the seller, and, he adds, that many
disputes arise from this cause. That it is impossible to
keep samples entire, we allow. They are drawn in order
to be examined. No efficient examination can be made
without some mutilation. With the buyer must rest the
amount o examination each set of samples requires.
Tnere can be no dispute on this head. The point is,
would the mutilation of samples be greater under the pro-
posed than it is under tne present system ? We say it
would, because the buyer w ,nl4-1 be continually placed in
different lights, and surrot tided by circumstances advert
to a speedy decision.
Lastly.—lt is asserted that the system of re-sampling
by the buyer is grossly abused, that the re-samples are
taken seldom for the purpose of testing the correctness of
the selling samples, almost invariably for the buying
brokers profit alone.
In reply, we assure you our invariable custom is to
compare the re-drawn with the selling samples. We are
ignorant of any abuse of the practice of re-sampling.
You are aware that the question of charging the buyer
with the re-samples, and so leaving it optional with him
to check the sellers samples on the spot or elsewhere, now
or a month hence, or of inviting him to make the bar-
gain, so far a closed one immediately, was fully discussed
some time ago, and that your resolution in favour of al-
lowing re-samples to the extent of 2 oz. per bale was
adopted, you have exercised your right of charging for any
excess over this weight it is universally acknowledged,
and any abuse that does exist can only be through your
own negligence.
Yet with the advantage we at present enjoy, and care-
fully avail ourselves of, that of testing the honesty of the
sellers samples, Mr.Duckworth admits that some selling
brokers are notorious for exposing fslse samples. In
what position, let us ask, would the buyer be, aye and
the merchant too, were the check of re-sampling taken
from us? We may venture to assert that the dishonest
samples would not be less numerous,—we believe that the
disputes which are alleged to arise out of the samples
being completely spoiled owe their origin entirely to their
dishonesty. We challenge investigation into the truth of
all we have advanced.
John Wrigley and Sons, Wm. Bower and Son, James
Stock and Son, Eason and Barry, Godfrey Barns-
ley, and S na, Worthington and Cunningham, Wil-
liam Bright, Montefiore Joseph, S. Marshall Bulley,
Livesey and Thorpe, Joseph Eccles and Co.,
_ _

Samuel Jowett, Thos. Posthiewaite, James Mellor.
A DISINTERESTED HINT FOR THE NEXT
WHIG MINISTRY.--WANTED A BISHOP-
RICK !

Our contemporary, the Albion, has made a discovery.
"Many people," he says, "now tbink"—by-the-bye,
extraordinary thinkers they must be; such as are only to
be met amongst the thinking nvn who luxuriate with the
wild fowls amongst the fens of Lincolnshire—" many
people now think that the whigs are again on the eve of
taking office"—the kind condescending creatures !—and
the editor himself thinks such an eve, which we think
will be a long one, a most auspicious time for delivering
himself of a little grave advice to those said kind whigs,
and of reminding them not to forget to think,in their ela-
tion, of a very particular and dear friend of his own—so
particularly near and dear, that it is said they are in the
habit occasionally of forgetting their separate identities.
But we must let our brother speak for himself, or we
shall never get to the matter before us.
" If the whigs, as many people now think, are again on
the eve of taking office, let them beware of the manner in
which they best'w their patronage, whether in church or
state. Of the former we would speak especially to-day.
Of the number of bishops and the host of clergy preferred
by the Melbourne administration, by far the greater num-
ber have renounced the liberal opinions which they pro-
fessed before they had secured their promotion. Indeed,
at the present moment, with the exceptions of the Bishops
of Durham, Peterborough, Worcester, and Norwich,
and the Rev. .1. Aspinall, the rector of Althorpe, Lin-
colnshire, we should be exceedingly puzzled to lay our
hand upon any of the ecclesiastical body preferred by
Lord Melbourne and his colleagues who have remained
true and faithful to those liberal opinions for which they
were prexionsly remarkable. We trust that the whig
leaders will ponder over these things, and whenever they
are again in power, "look well before they leap," and
be quite sure of their men before they promote them. It
is much more foolish than magnanimous to put arms into
the hands of our enemies." _ _

There my Lords Melbourne and John Russell! Only
" the Bishops of Durham, Peterborough, Worcester, and
Norwich—AND the Rev. James Aspinall, the Rector of
Althorpe, Lincolnshire"—out of all your appointments,
have " remained true and faithful to those liberal opinions
for which they were remarkable." A truly remarkable
fact worthy to be pondered over. Perhaps you never
knew how remarkably and actually true the lastmentioned
Reverend gentleman has been to you, and to himself ; but
with such an assurance before you from an authority so
perfectly acquainted with all his doings and thinkings in
your behalf, we cannot see how you can hesitate—how
you need "to look before you lean"—(a fenny expression)
when merit is thus murmuring its own praises beneath your
very feet, and craving for the first mitre in your gift.
" Ponder over these things," my Lords. Behebdomadally
thinking, as he thinks himself, of this Rev. Rector's de-
servings ; and what awful mistakes you will escape !-

NICE COMPANY FOR AN ENGLISH DIVINE.—A Ro-
man Catholic bookselling firm last week announced, by
placard on the walls of our town, the forthcoming publi-
cation of "A History of the Anglo-Saxon Church, by
Doctor Lingard," " Mores Catholici," a " History of
Ireland, by O'Neill Daunt," and the " Lives of the
Fnglish Saints"—all, of course, thoroughly Popish pub-
lications ; and intimated, in addition, that they were pre-
pared to supply, as agents, " The Ideal of a Ct,ristian
Church. by the Rev. H. G. Ward," and " Saint Ambrose
on Holy Virginity"! Mr. Ward must be proud of the
position which he, a fellow of Balliol College, thus evi-
dently holds in the estimation of Romanists, when his
writings are thus prominently put forward as worthy of
the patronage and the study of Roman Catholics.
THE GRAND PROTESTANT ASSOCIATION OF LOYAL
ORANGEMEN.—We are glad to be enabled to say, that on
Tuesday last, the deputations from the Loyal Orange In-
stitution, and the Grand Protestant Confederation of
Loyal Orangemen, met at Newton, when every prelimi-
nary arangement for the amalgamation of the two bodies
(now composed of nearly 20,000 proverbially loyal men),
was made to the satisfaction of all parties. The rules
were revised and amended, and an address to the British
public was agreed to, which we trust will go far to disabuse
the minds of some of our friends with regard to the prin-
ciples of Orangeism, against which there is still too much
mistaken prejudice, arising altogether from a want of in-
formation or from an attachment to less constitutional
doctrines. After the close of the business, the deputa-
tions sat down to a most excellent dinner, at the Horse
and Jockey, and after drinking all the loyal and constitu-
tional toasts belonging to the order, separated at an early
hour, by the trains to various parts of the kingdom.
THE FUNDS : SATURDAY NIGHT.—The English se-
curities have remained exceedingly steady to-day, al-
though the amount of business done was limited. Scarcely
any alteration took place in the value of the leading stocks,
which were in most cases quoted the same as yesterday.
Consols for money left off 1001 to 1; for the account,
100-1 to 3; Exchequer Ellis, 595. to 61s. premium; Bank
Stock, 211 to 212; India Stock, 287 to 289; Three per
Cents. Reduced, 1001 to I ; Three and a Quarter per
Cents., 104 k to ; and India Bonds, 755. to 775. pre-
mium. The foreign market was little disturbed by the
course of dealing, few speculative bargains being entered
into. The final quotations were—Spanish Five per Cents.,
271 do -r• the Three per Cents., 381 to 4; Russian 119
to 120; 'Peruvian, 271 to 283; Portuguese, 59 to 60 ;
Mexican 341 to ; the Deferred, 151 to ; Dutch Two
and a half per Cents. 631 to 1; the Five per Cents., 99 to
; Danish, 89 to 90; Colombian, 144 to 4; Chilian, 100
to 102; Brazilian, 89 to 90; Buenos Ayres, 39 to 41 ;
and Belgian, 1011 to 1021.
The Welch Calvinistic Methodists of this town and
neighbourhood bale raised nearly five thousand pounds
to pay off the debt on their chapels.
ST. JAMES'S CHURCH.—The project for enlarging this
church on the plan originally fixed, has been abandoned ;
but it is det• rrnined to effect a considerable increase of
accommodation in the building, without any extension of
the present walls. The Rev. H. J. Hindle), has been
appointed curate of the church.
ST. SAVIOUR'S CHURCH.—On Wednesday evening

The CHAIRMAN replied that it was £lOl additional
now, which had gone in interest and in a small loss upon
the flower shows.

Dr. WINSTANLEY asked how far the bank were satis-
fied to let their money remain ?

The CHAIRMAN replied that they seemed perfectly sa-
tisfied. They allowed £250 to remain at three per cent.,
and for the balance they charged five per cent.
At one time they were anxious the debt should be paid
off.

The TREASURER added that the bank had wished some
portion to be paid off; and he had received an additional
loan of .£5O which he paid to them.
The CHAIRMAN observed that it was extremely desira-
ble that gentlemen should advance to the gardens money
on the principle of loan ; they would get three per cent.
for it, whilst it would be a great help to the gardens.
DR. WINSTANLEY suggested that it might be possible,
upon a memorial being presented, to obtain an addition to
the annual grant of .£lOO from the Corporation ; and a
conversation ensued upon the subject, in the course of
which the general feeling appeared to be, that any such
application would prove useless, whilst it would endanger
the existing grant. It was observed by Dr. Winstanley,
that the argument might be used, that unless the grant
were increased the gardens would be closed; on which
the CHAIRMAN stated that the gardens certainly could
not go do beyond the period at which the loans were re-
payable, namely, at the end of five years, unless there
was a great increase in the number of subscribers. The
conversation on this matter having terminated, the trea-
surer's accounts were passed.
Mr. Hugh Hornby was elected president for the ensu-
ing year ; and the committee was appointed for that pe-
riod.
On the motion for a vote of thanks to the donors of
plants, the CHAIRMAN in reply to some questions stated
that there had not been so many presents as usual, but
rather a considerable falling off. The funds had not al-
lowed purchases of plants to be made to any extent
whatever, a circumstance that made it additionally im-
portant ►hat the committee should receive some gratui-
tously from gentlemen who had connexions abroad. He
believed that a great many rare plants were likely to come
from China, and gentlemen engaged in trade to that
country might have it in their power to assist the garden
materially. The sale of plants during the year had not
produced £5, and they could not expect anything from
this source without going into a considerable outlay, the
result of which was very questionable. The motion was
then carried.

The other resolutions, which were all of a routine cha-
racter, except one, declaring the forfeiture of 28 shares,
were carried unanimously ; and the meeting, which occu-
pied about half an hour, was then dissolved.

SCOTCH PIG-IRON TRADE.

(From the Mining Journal.)

Total produce in 1844
••• • •
Exported from Scotland direct to
foreign ports
Ditto from Liverpool to ditto .. 33,000
Stock on hand here 31st Dec.,
about . 55,000
Used for home consumption. 219,000-346,200 tons.
The average price for the twelve months was £2 16s. per
ton delivered at Glasgow; the lowest number of furnaces
in operation at any period during the year was 51, and the
greatest 70—being the number at present in blast.

last the Rev. Hugh M'Neile preached a sermon in this
church, when a collection was made in aid of the funds ;
and, on Sunday, sermons were also preached by the Rev.
Wray R. Hunt, minister of the church, and the Rev. W.
M. Falloon, and collections made for the same object.
The collections amounted to the handsome sum of £55.
CAUTION TO OWNERS OF EMPTY HOUSES.—TWO
youths (whose names we did not ascertain) were yesterday
charged before Mr. Rushton with being found in an un-
occupied house in Roscommon-street, with a light, on
Sunday night. On one of them the police-officer who
discovered them found a bunch of house keys. They
were not known—declined to say anything—and were
committed to gaol for three months.
INQUESTS YESTERDAY.—On view of the body of
Richard Warbrick. apprentice on board the William
Fisher, who was killed on Saturday in consequence of fall-
ing into the hold of that vessel.—On the body of Thomas
Roberts, (aged 31) of the barque Clydesdale, now in
the Brunswick dock. On Sunday week, while the vessel
was on her passage from lchaboe, and about two hundred
miles from this port, deceased, at 9 at night, enquired if
the cook had seen a boy named Jackson, and the reply
being in the negative, he remarked that he was lost, add-
ing that he had been washed overboard by a sea that had
struck the vessel, and that he himself had hurt his breast
against the bulwarks. Deceased worked a short time
afterwards : he then took to his bed, and died just as the
ship came to an anchor in the Mersey.