The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-02-08 00:00:00

THE LIVERPOOL STANDARD.

have been a liquidation during the month of Jan-
uary to the extent of £1,529 6s. ld.—the difference
between the two amounts. If the committee's ac-
countant had assured us that this sum had been
separated from the receipts, there would have been
no ground for observation.

But there is a further circumstance which calls
for remark. The account for the half year,
it will be remembered, gave the earnings and out-
standing on rent account at £13,600; and of this
it has been understood that a sum of upwards of
£3,000 of previously outstanding rent had -been
erroneously included, leaving the actual rent for
the half year somewhere' about £lO,OOO. Now, it
is a little singular, and only accounted for on the
supposition of a similar error having been com-
mitted; that the rent for the last three months
should be £9,350, or within a few hundred pounds
as great as the total rent of the half year. The one
or two additional warehouses open in the last three
months could not make the difference; and, if it is
urged that the business of the docks had sustained
so rapid an increase as to produce such a result,
we can only hope that so gratifying a business will
continue permanent.
The estimate given in the memorandum at the
foot of the statement, we must submit, appears to
us extremely fallacious in its principle, as shewing
not what the warehouses are, on the average, likely
to pay, but what they would pay if they continued
full as at present. The committee tell us that the
rent on the goods which they held on the 24th of
December last would amount to £685 16s. gd. per
week, and multiplying that sum by 52, and adding
an item for yearly rent on rums, they assume the
probable annual rent to be £35,937 Os. 4d., which
would pay, it must be acknowledged, a very hand-
some interest upon the capital embarked. But
what was the pcculiar feature with respect to these
warehouses on the 24th of December? We know
that they were unusually filled—inconveniently so
for working. The very quays, which were to have
been oden for carts to approach the vessels dis-
charging, were in many parts filled with produce.
We have the reason for their being so unusually
occupied from the Dock Chairman himself. On
Wednesday last, he stated, in his place in the
Council, that " there is merchandise lying in the
Albert Dock at the present time on which actually
£107,000 remains unpaid; and unless the trustees go
to Parliament to amend that act, that amount must
remain unpaid so long as the owners of this mer-
chandise desire to let it remain there." Now, take
this £107,000 tohave accrued upon an average freight
of £5 per ton, which is perhaps beyond the mark,
it represents merchandise to the extent of 21,400
tons, the bulk of which would probably never have
come there had the existing system not afforded
facilities for their placing it in pawn, and spared
the importers the necessity of making prompt pay-
ment to the shipowner. The chairman evidently
contemplates seeking for powers to compel removal
and payment; and, when such powers are obtained,
a large portion of this produce will no doubt go at
once into consumption, and cease to be tributary
to the warehouses revenue. It is not, therefore,
very fair to take the condition of the warehouses
on the 24th December as the foundation of an
estimate for a year. Put out of the estimate two-
thirds of this 21,400 tons, thus, as is admitted,
oppressively pledged by the importer to evade the
payment of his just debts, and we shall probably
arrive at something approaching to what ought to
have been our prospect of remuneration from these
warehouses. Or if it is presumed that they are
likely to remain nearly filled up as at present, we
ought to have an account on the debit side of the
balance sheet of the salaries and wages going on
whilst the various employees,—warehouse-keepers,
clerks, porters, Jumpers, coopers, &c.,—will have
little else to do than to look at each other.
We must repeat that our only reason for recur-
ing to this subject, and, as it may seem, question-
ing the accuracy of the principle upon which the
statement above furnished has been drawn up, is to
elicit some explanation which shall be satisfactory
to the public. For ourselves, we shall be most
happy to be convinced, if we have been starting
imaginary objections.

We understand that the Lord Bishop of Chester will
consecrate St. Paul's Church, Prince's Park, on Thursday,
the 2d March.

EXAMINATION OF MASTERS AND MATES.—At a meet-
ing of the board, held on the 4th instant, Mr. David
Rowland, jun., third officer of the Britannia, royal mail
vva couuti
for a first-class mate's
certificate; and Captain Thomas Hawkins,
the Penang, of Liverpool, was found duly qualified to re-
ceive a first-class extra master's certificate.
LONDON PROVISION WAREHOUSE.—The advertisement
of Hamilton and Co., who have openei a provision ware-
house in Elliot-street, in the London Style, appears in our
first page. The superiority of the Wiltshire ham and
bacon, and other southern cured provisions, is acknow-
ledged, and the means of obtaining them retail will be ad-
vantageous to the public.

THE LATE FIRE IN UNION-COURT.-The following
gratifying letter, which sufficiently explains itself, has been
received by the parties to whom it is addressed :

" Liverpool, llth January, 1848.
" GENTLEMEN,—We are desirous of conveying to you our
best thanks, for the assistance afforded by you, and the men
under your charge, on the occasion of the late fire in Union-
court, and for the order which you then ably maintained,
thereby enabling the fire police the more efficiently to perform
—We are, Gentlemen, your obedient servants,
" GLADSTONE and CO.
" To Messrs. Quick, Brown, Redin, Anders, Clough, Super-
intendents ; Messrs. Bibby, Chew, Rimmer, Inspectors
Borough Police."

their duty

Isussi BEGGARS.—Yesterday, no fewer than 15 to 20
natives of Ireland, of both sexes and of all ages, were
brought before Mr. Rushton, being found begging in the
streets. Mr. Gray attended for the parish. Most of them
refused to be passed to Ireland, where there is now a
poor-law provision for them, and were committed for a
month, or, in some cases, a minor time to gaol. A few,
who were real objects of parochial care, from long_ resi-
,nee, ill -or 00

ocher causes, it was agreed should be re-
ceived into the Workhouse. Some of the cases were re-
ally pitiable and affecting ; and Mr. Rushton affectionately
recommended them to Mr. Gray, but he expressed his
determination to put down the systematic pursuit of street

begging.

LIVERPOOL COLLEGIATE INSTITUTION.— The upper
school of the institution resumed its duties on Tuesday
last, on which day we were much delighted by the mime-
rous attendance at morning prayer in the lecture-hall of
the college. The service was conducted by the Rev. W.
J. Conybeare, the principal who, in point of health,
has evidently derived much benefit from the Christmas recess
and its accompanying cessation from duty. The part of
the service chanted was done in a steady and reverential
manner, one of the pupils presiding at the organ. It
may not be generally known that the public have free
admission to the lower gallery during daily morning
prayer at nine o'clock. Upon enquiry at the secretary's
office, we were informed that each of the three schools
has an increase of numbers this half-year; a gratifying
proof that the advantages of this valuable institution are
deservedly appreciated.
ROBBERY FROM AN OFFICE.—A young man, named
Richard Chadwick, was yesterday charged, before Mr.
Rushton, with having (with others not in custody) got
into the warehouse of Mr. Adams, early on Friday morn-
ing, or late on Thursday, and robbing the counting-house
of from £25 to £2B. It appeared that the parties had
got within the premises, and secreted themselves. Some
noise was heard, but no one could be found, and the par-
ties. no doubt to their own wish, were locked in. They
had escaped by the jigger loft. Five drawers were found
to have been forced. The prisoner had been employed
on the premises, and was a regular hand at the employ at
the time. It was proved that he had, after the robbery,
deposited money for safety with persons in different parts
of the town, in large amounts for a man in his circum-
stances. As further evidence was expected, on inquiries
being made, the prisoner was remanded.

ELECTION FOR SCOTLAND WARD.—Yesterday was the
day fixed for the election of a gentleman to serve in the
Council to the Ist of November next, in the room of the.
late Mr. Thornhill. The candidates were Messrs.
Henderson (brother to the member for St. Peter's Ward),
and Mr. Thomson, of Benson-street. Owinmgaytointhae
growing desire in the town that " tradesmen' should
become the representatives of the burgesses,
great degree be traced the defeat which Mr. Arthur Hen-
derson has. on this occasion, experienced. For several
hours after the polling commenced, the contest was both
sharp and animated; the respective aspirants for corporate
honours being within a few votes of each other, but
towards the close of the day it became evident that the
reform candidate—Mr. James Thomson—would be re-
turned ; as the sequel proved, he being elected by a
majority of 59. At the close of the poll, the burgesses
were addressed by the successful candidate, Mr. Smethers,
and Mr. Danson ; after which the assemblage dispersed
quietly, as if no political display had taken place.
CLOSING OF PUBLIC HOUSES ON SUNDAY.—A public
meeting was held last night, in the Wesleyan School-
room, Jordan-street, for the purpose of adopting a peti-
tion to Parliament, for closing public houses on the
Lord's Day. The Rev.W. Elton, of Altrincham, A. Dun-
lop, Esq., and other gentlemen addressed the meeting. The
Rev. P. M'Owan occupied the chair. The petition prayed
that public houses might be closed from eleven on Satur-
day night until six on Monday morning. The prayer of
the petition was grounded on the facts, that the sale of
liquors on the Lord's Day exercises an injurious influence
on the morals of the nation ; that several persons in the
trade have desired to be relieved from business on that
day ; that the servants employed in the traffic are deprived
of the blessings of the Sabbath, whilst no class needs
salemo r more
of its tlsi
us aonr
sc t iofny i
sn
og n idnaflyuences; prepare tahtraes
otrhte
foprl placeses
dfol
er
atnh
de
worthless, who are allured thereby to crime, and that
they form one great reason why working men are generally
unable to provide education for their children, who are
not sent to the Sunday-school, but are taught evil and
injurious habits.

UNPROFITABLE RESULT OF THE COTTON
MANUFACTURE IN 1847, AS COMPARED
WITH PREVIOUS YEARS.

We gave in our last the statistics of the cotton manu-
facture for the past year, so far as regards the amount of
goods imported, in comparison with the exports of the
preceding year. These statistics exhibited a falling off most
considerable in its extent, and significant when viewed in
connetion with the policy in which the country has re-
cently embarked. In the important article of cotton yarn,
in which shape 116,512,874 lbs. were exported, or one-
third of the total manufacture, which is calculated by Mr.
Burn in his Commercial Glance, to have been 336,512,637
lbs., we had a large decrease in the exports to no less than
24 of our chief markets, amounting in the gross to
41,288,944 lbs. ; and a small increase to only six markets,
amounting in the gross to the inconsiderable quantity of
671,793 lbs. The return of our exports of more perfected
manufacture shews a similar result, ; those to the United
States exhibiting the only increase worth noting. It
must be borne in mind, too, that, with respect to the
monetary result of our shipments to America, a large por-
tion of which must have gone out on consignment, at the
risk of the British manufucturer or merchant, we have
been compelled to accept of remittances at a rate of ex-
change extravagantly high, and which will sweep away a
large portion of the margin of profit, which might other-
wise have been secured, if not the whole of it, An ex-
change of three or four per cent above the ordinary rate
is a heavy drawback against the reasonable mercantile
profit, which alone we can expect to derive from a near
market, in which we have to compete both with the fo-
reigner and the native manufacturer.
Bad, however, as has been the condition of the manu-
facturer, as shewn in the decrease of exports, and the
compulsory resort to short time of working, it has been
even worse considering the low prices to which all classes,
but the spinner in particular, have been compelled to
submit, as compared with those of the raw material. In
proof of this fact, we give a few data from the Glance.
The prices of Upland, Orleans, And East Indian cotton,
in the last week of December of the two years 1846 and
1847, were as follows : _

1846.
Upland
Orleans
Madras and Surat 41d. 6d.

1847.
3d. @ sd.
3d. 7d,
2d. od

Thus we have a decline of 21d. per pound in Uplands ;
in Orleans, the decline was 28d. to lad; and in Madras,
of lid. per pound. The prices of water twist at the same
dates were—

1846. 1847
Nos. 6. to 12 common seconds .. Bd. 6d.
„ best ditto .. 91d. 62d.
„ 40 common seconds .. 14d. 11d.
~ best ditto Mid. 124 d.
Mule twist. 1846. 1847.
~ 6 to 12 common seconds
If ~ best ditto 9Bd. 63d.
„ 40 common seconds
best ditto ll/d. 9d.
~ 80 common seconds
best ditto..

At tliese comparative prices of the raw material and the
manufactured article, it is well understood that the trade
cannot be profitably carried on ; and a glance over the
figures will show that the spinner's position at the end of
the past year, with cotton nearly at its lowest point, had
not been materially improved. It must be borne in mind,
too, as against the spinner, that during the early portion
of the year the price of the raw material was maintained
without any corresponding advance in the price of yarns,
and that at its close the yarn market exhibited a firmness,
arising from more hopeful views of things entertained by
shippers, whilst the cotton market was weighed down by
extreme commercial pressure.
A comparison of the circumstances of the trade of 1847
with that of 1844 will, perhaps, better show the extent to
which profit has disappeared. In the last week of De-
cember, 1844, Upland cotton was id. to ad. per lb., Or-
leans, id. to ad., and other American sorts id. to Id.
lower than at the corresponding period of 1847. At the
same time the price of No. 40 s common seconds water
twist was ld. per lb., and of best seconds id. higher in
1844 than in 1847. The price of No. 40's mule was 14d.
higher for common seconds and ld. per lb. for best
seconds. The spinner, therefore, in December, 1847, was
working with cotton from an eighth of a penny to a penny
farthing per lb. higher than in 1844, and at the same time
receiving from five-eighths of a penny to a penny three
farthings less for his goods.
The manufacturer of some description of cloths seems to
have fared better than the spinner ; but the majority must
have suffered severely. Thus a i 27 in. 72 reed printed
cloth was worth, on the Ist January, ss. 9d. to 6s. 3d. per
piece, and on the 31st December 4s. 101 d. to ss. 3d. ;
9-Bths in same proportion. In shirtings, and especially
those calculated for the China markets, the depression has
been most severe. _ _ _ _ _ .

MY, n.• UN., • V. V.
It is most earnestly to be desired that a revival of in-
dustry should visit the manufacturing community ; but we
fear much that no very early prospect of such revival is
before them. The complete disorganization of our colo-
nial trade, and especially of the East Indian trade, must
take time to pass away ; and, in the meantime, those
countries for whose trade wthave bid so largely in our
recent commercial policy, must exhibit a greater inclina-
tion for reciprocity in sacrifice than we have hitherto wit-
nessed in their conduct towards us. Moreover, we must
be released, by a remodification of our currency system,
from the constant liability to which we are now subjected,
of seeing the fruits of the best directed enterprise swept
away by monetary panics, which no one can foresee or
provide themselves against when they come, before pru-
dent men will enter upon operations in which their means
will be removed very rar from their ready gruap. h 6..atia
improvement is all that we can at present look for.

LATEST INTELLIGENCE.
(nY EXPRESS.)

THE ARCHBISHOP OF CANTERBURY.—No bulletin was is-
sued yesterday, but his Grace passed a quiet night on Sunday.

LONDON CORN

MARKET.-YESTERDAY

Our market was but moderately supplied with Wheat this
morning, by land carriage samples from the near counties, and
the. condition of a large portion of the supply was very indif-
ferent. Although prices are not generally quoted lower, the
trade was without animation, with a tendency downwards.
Very few transactions took place in foreign Wheat, but previous
rates were about maintained. There was an increased quan-
tity of Barley on sale this morning, the inquiry for the article
was far from brisk and much of the supply remained unsold,
though offered at a reduction of Is. per qr. In addition to the
arrivals of Oats noted, several vessels have since come to hand
from Ireland and our own coast, making a good show of SAM-
pies, but little progress could be made in sales, at a decline of
fully 6d. per qr. upon last Monday's quotations. Beans were
s., and white Peas 2s. cheaper. Grey and Maple Peas sup-
ported last week's prices.

SMITHFIELD CATTLE MARKET.—YESTERDAY.
The supply of Beasts was large, and of tolerably good qua-
lity. The weather being very mild, trade was exceedingly slow.
with no improvement on Friday's quotations. The number of
Sheep was unusually small ; the demand was also very limited.
Some of the choicest Downs were readily sold at rather more
money ; but other kinds cannot be quoted dearer. English.
Calves were very scarce, but it was difficult to obtain any ad-
vance. Trade was dull for Pigs, owing to the mild weather;
but, the supply being short, prices were not much lower.

MONEY MARKET—YESTERDAY.
The French rentes come rather lower from Paris. The fact,
however, in the absence of any particular event which should
influence prices, has produced no effect on the funds here,
which are in a dull and passive state, dealers and speculators
evidently waiting the promised demonstration of the financial
situation which the Prime Minister has undertaken to afford
March3o
s. Exchequer
shortly. We have Consols now at 80* to for money and
time, which are a fraction lower for the account than the
sopeningcale. RqeudoutcaetdioTn sh.r e
eTshwe
et rgatutostaec
st transactions s are upon the smallest
Bills, 255. to 30s. premium ; the June t2osl.to

PRODUCE.—MINCING-LANE.—The refined Sugar market
has opened heavily to-day, and prices are with difficulty sup-
ported.—Cotton is very firm, and wears an improved appear-
laonnc,e.whTichhe sepxei
sctuelda t itvhee dl
last
atnwdofodra
)11.
sa t
ateisr 3
3g50.0 d 6
do. r, dbi
ansa
rYc
auCseed-
holders of this description to be very firm ; and there appear
to be but few sellers.

COUNTY COURT OF CHESHIRE,
Holden at Birkenhead Insolvency Court, before J. W

HARDEN, Es 4.
This court was held on Saturday last, when seven peti-
tioners for protection came up for their first hearing.
They were Richard Hale, John Robinson, James Thomp-
son, John Shakeshaft, senior, John Parr, William Thomas,
and John Griffiths. In re Hale, Mr. Hilliar applied for
an adjournment. for the purpose of enabling the petitioner
to amend his schedule.

His honour granted the application ,_ and renesvad -tha
protection until the 7th March. His honour also renewed
the protections in all the other cases until the 7th March,
which day he fixed for granting the final orders, unless
cause be shown to the contrary._ _

Re Kent. In the matter of this petition, Mr. Greene,
the insolvent's attorney, applied to his honour to fix a
day for the final hearing. He stated that since the first
hearing the insolvent had satisfied creditors to the amount
of £3OO, including two who had obtained judgment
against him in the Birkenhead County Court. His honour
granted the application, and named the 7th March.
Attorneys in court. Mr. Dunstan, Mr. Hilliar, Mr.
Greene, and Messrs. Reade and Searle.

The Rev. A. Boyd, incumbent of Christ Church, Chel-
tenham, will, it is said, be presented to the rectory of
Coleraine.
On Thursday a man, stationed in Rose-hill, was obtain-
ing the signatures of boys of any and all ages, if they
could write at all, to a petition in favour of the admission
of Jews into parliament. So much for the expression of

" public opiniOn."
ST. BARNABAS ScHooLs.—On Sunday last two ser-
mons were preached in St. Barnabas church, by the Rev.
T. Nolan, after which collections were made towards
liquidating the debt yet standing against the schools,
when the sum of £35 was contributed. We have been
much gratified by learning that the congregation of St.
Barnabas have generously subscribed the whole amount
(X 3000) required for the erection of their schools, and
that nearly 700 children are receiving there a useful and
bt hyescripturalatni time,
advertisement)
ea
nd education.which The portion of the debt still
remaining consists of
wawan
s.
31amountgyii n
Fisher,
Ihr eleyrq,uixE2r esocido: fhobarustt hchoeanss fittingsesni since
consented
up and other articles which could not be calculated on at
been reduced. We are glad to find that (as may be seen
to deliver a popular lecture. on the 3rd March, on astro-
nomy ; the proceeds of
.which will be devoted to the (we
hope) complete liquidation of the remaining debt. The
lecture will be illustrated by splendid diagrams, and a
series of dissolving views ot scriptural subjects will be
introduced for the first time. We sincerely hope that
this effort will be abundantly successful, for the schools
have conferred the very greatest benefits on the crowded
district in which they are placed, and the never-ceasing
and affectionate exertions of Mr. Nolan deserve to be
rewarded by the entire removal of the balance of debt.