The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-06-20 00:00:00

GENERAL TRADE REPORT.

Monday Night.
The West India question has been the most engrossing.
topic on 'Change to-day, and the most conflicting opinions
have been expressed as to the probable efficiency or inef-
ficiency of the government measures. The Free-traders
have taken the alarm, and protest against the conduct of
Lord John Russell as being retrograde, as of course every
proceeding will be considered by them which does not tend
to the utter annihilation of our prospects of colonial re-
generation. On the other hand, only one opinion pre-
vails amongst those best acquainted with the nature of
our West Indian connexions, which is that of most un-
qualified disapprobation, as puerile and inapplicable, of
anything yet put forth by the premier for the amelioration
of the existing embarrassments. Meanwhile the produce
market is stagnant, waiting the issue of to-night's parlia-
mentary proceedings, on which account also the West
India mail has been further detained, letters for which
will be in time to-morrow morning. Business gene-
rally is very depressed. The cotton trade seems in-
capable of recovering itself ; prices having again receded,
are lower than ever. The funds have also lost their up-
ward tendency, and from 84/ on Tuesday last, declined on.
Wednesday to 821, from which they recovered a little be-
fore the close, and on the following days. On Satur-
day the market opened at previous prices, but there was a
tendency to dulness until the news was received of the
calmer state of Paris, consequent on the resignation by
Prince Louis Napoleon of his seat in the Assembly. The
first quotation for the opening was 831 to I, and they
closed at that price, after having temporarily receded to
83,4 to 1.
SHARES have been very dull all the week, and prices
have varied very little. London Stock and Midland Stock
have declined each £1 since this day week ; other cre-
ations in like proportion. London +-shares, which have
long been too high, are fast declining to a discount ; these
once quoted £l7 pm. are to-day unsaleable at 17s. pro.,,
and are dear at this, seeing they pay only 4 per cent. on
calls, while Midland 1-shares, paying 5 per cent., are GI
discount (£l5 paid)—the latter line, too, is the more
likely of the two, to maintain a steady dividend. Of our
local Stocks we have only had an inquiry for Royal As-
surance; these are quoted a fraction higher, and much
wanted. Fire and Life Shares and Gas Shares are a drug
just now ; both though are very cheap at the prices at
which they may be had. Bank of Liverpool are in good.
demand, and more than the nominal price would be given.
The TIMBER trade continues in a depressed state, and
the country demand is very limited, with very little pros-
pect of an immediate improvement. The arrivals since
our last are three vessels, 1728 tons, from British America.
The sales consist of a cargo of good St. John's yellow pine.
194- inches average, at 17d. per foot, with a bonus to the
purchaser equal to about id. per foot ; a cargo of smaller
average, at 16d. per foot; a small cargo St. Stephen's
spruce deals, at £8 ss. per standard ; a large cargo of good
specification, at £8 ss. ; and a smaller one £B per
standard ; an old cargo of Quebec yellow pine, at 131 d.
per foot, and one of last year's import at I4d. per foot.
There continues a disinclination on the part of the
holders to sell Sugars, and the sales since Thursday last
are but trifling, say 200 hhds. Barbadoes, 50 hhds. Anti-
guas, and a few Bengals ; to-day rather more business
might have been done at previous prices, but merchants
will not sell unless at an advance. The measure proposed
by government has given generally great dissatisfaction.
Rum and Molasses very quiet. Jute continues to meet
with a ready sale; 650 bales, by auction, went at
£l4 2s. 6d. to £l5 7s. 6d., being full prices. Rather
more inquiry for Saltpetre, 500 bags 5 0-0 refraction have
been sold at 265. 3d. per cwt.—The amount of busi-
ness transacted in the London markets has been
less than usual, owing to the uncertainty as to the
intentions of Government on the West India ques-
tion. The sugar market has been very moderately sup-
plied by the importers, while at the same time the grocers
and refiners have shown considerable disinclination to
purchase. British Plantation descriptions have in all in-
stances been very firmly held, and full prices have been
obtained by the importers; but with respect to foreign,
some few parcels have been realised at a reduction of
about 6d. to ls. per cwt.
The CorroN Market has again been characterised br
great dulness during the week, and although there has
been a better demand for export, purchases for the trade
have fallen off, and we must report a reduction generally
in American of id. per lb., and in Brazil of id. to id. per
lh. ; Surat and Egyptian without alteration. The mar-
ket TO-DAY, however, has been rather firmer, although no•
quotable variation in price eventuated ; the sales were 5000
bales, of which 1000 Americans and 500 Pernambucos were
taken for export, and 3000 for speculation. The import
for the week ending the 16th instant was small, amounting
only to 13,876, which, with the stock previously, deduct-
ing 25,800, the sales of the week, makes 500,779 present
stock, which is 1536 bales more than at same time last
year. The stock of American is 346,235, being 23,145
less than at this period last Fear.

In our report Of the Woor, Market last week, although
the whole of our information was derived from authentic
sources, a partial error was inserted. We stated-
" The public sales advertised for the 20th will, it is expected,
he postponed for the present, as part will not be landed in time."
Now, as this notice was calculated to act injuriously to
the interests of Mr. Abram Gartside, whose sale will take
place this day, as will be seen on reference to our ad-
vertising columns, we hasten to set the trade right in this
particular, although it is but justice to state also that
Messrs. W. Greame and Co. announce a sale for Thurs-
day.-The near approach of these sales has prevented any-
thing being done by private contract in almost any class
of wools. The result will give a tone to our market.-
Imports for the week :-Foreign, 135 ; previously, 43,382.
Scotch, 130; previously, 6,598.
The Scotch Pig IRON Market continues without anima-
tion-quotations are about the same as last week, say
425. 6d. prompt cash, for No. 1, at Glasgow.
The prices of TOBACCO continue the same as last week.
The improvement which took place .at our CORN.
EXCHANGE on Friday in Wheat and Indian Corn is still
sustained here, and the English and Irish markets have
generally participated in the advance; whilst all other
articles have experienced little variation in price, but may
be noted the turn lower. Imports into this port since
Thursday :-Wheat, Ireland, 44 qrs. ; Coastwise, 800
qrs.: Barley, Coastwise, 28 qrs. : Malt, Ireland, 10 qrs. :
Oats, Ireland, 43 qrs.; into Runcorn, Ireland and Coast-
wise, 400 qrs.: Indian Corn Meal, Coastwise, 50 brls. :
Oatmeal, Ireland, 40 loads : Flour, Ireland, 326 sacks
62 brls. ; Coastwise, 70 sacks. Exports :-Barley, Coast-
wise, 25 qrs. : Indian Corn, Ireland, 1095 qrs. : Indian
Corn Meal, Ireland, 1038 brls Flour, Ireland, 40 sacks
100 brls. ; Coastwise, 150 sacks 330 barrels.
Very little animation has been displayed in the AMERI-
CAN PROVISION Trade since our last notice, The Beef
on the market is mostly of the better class, for which there
is not much inquiry, the trade being unwilling to purchase
at the prices demanded. The bulk of the " Prime Mess"
Pork, of which we have now a fair supply, is of a quality
not much liked ; a choice parcel of " Mess" has been sold
at the highest quotation, but very good parcels are selling
at the lowest; and in "Prime" there is little doing. The
attendance of country buyers at the Bacon sale on Tuesday
was small, and a limited business was transacted ; but
extensive operations have taken place since, and the mar-
ket has been nearly cleared : this article is likely to be
taken largely into consumption, the present prices being
20s. per cwt. under those of last year. There is a good
demand for Hams in dry salt; parcels of ordinary quality
have been taken at 335. to 405., and a very fine parcel at
465. Shoulders arealso much inquired after, and everything
offered has realized from 245. to 28s. Only a small quan-
tity of Lard was disposed of at the last weekly sale, when
a reduction of is to is. 6d. per cwt. was submitted to ; a
fair business has been done, however, by private, and
better prices obtained. The following are the current
quotations :-
Cheese-(duty paid)-Fine, 48s to 526 per cwt. ; middling,
43s to 46s ; oidinary, 336 to 425. Beef-U.S. (free)-Prime
mess, per tree. 3041 b., 85s to 92s 6d ; ordinary, 76s to 83s, old.
60s to 68s; extra, India, family, &c., 97s to 105 s; ditto, per'
half-barrel, 30s to 355;-mess, per barrel, 2001 b., 50s to 565;
ordinary, 40s to 465, old 30s to 40s; prime, 34s to 365. Pork-
U.S. (free)-Prime mess, 55s to 655, old 45s to 50s per barrel,,
2001 b. ; prime, 40s to 455, old 35s to 40s; mess, family mess,
&c., 48s to 555, old 408 to 455. Bacon-(free)-Eastern, -s to-
-spine
rs;acrwt
,teisftreenrneao,m33s2E-ss
tpoto
r4i rds ;((isulaitorydril-pdaeefrdrsi)o2-02isdr, to -ine, in kegs and s
bar-
rels, 42s to 44s per cwt. ; good, in do. do., ass to 39s , ordinary
to middling, 37s Gd to 38s ; inferior, and grease, 28s to 345.
Butter-Grease. (free,) 40s to 45s per cwt. Pilot Biscuit-
(duty paid)-15s to 20s per cwt.
The demand for Ittisri Butter is well-nigh annihilated
by the continued influx of fresh butter into our country
markets, and prices have further declined 2s. to 3s. per
owt. _The arrivals are large for the season, and comprise
for the week ending this day, 7,983 firkins and 1,752
crocks. Bacon meets with a slow sale, American at low
rates having the advantage. There is some inquiry now
for Hams ; and Lard is steady. Prices to-day (landed in
Liverpool) :-
Butter: Waterford, new, 86s. to 88s. ; Kilkenny, Carlow, and
Clonmel, 86s. to 87s. ; Carrick, new, 86s. to 875.; Cork Dry,
Thirds, 80s.; Wexford, Carlow, Blis. to 87s. ; Ballymoney and
Coleraine, 83s. to 845.; Banbridge, aos. to 835.; Newry and
Dundalk, 765. to 805. ; Londonderry, 80s. to 826.-Bacon :
Lon" Middles, free from bone, new, 565. to 58s. ; Short
Middles, ditto, ditto, 588.-Lard: Lard, Fine Keg, 50s. to 528.

The return from the Bank of England for the weekend-
in the 10th inst. states the amount of notes in circulation
at £17,626,960, being a decrease of £152,415 ; and the-
stock of bullion in both departments at £13,839,926,
showing an increase of £242,720 when compared with the
preceding return.
It appears by the results of mining meetings given in-
the Mining Journal, that the Jamaica (Welsh) Company
have distributed dividends in the course of the year
amounting to £5,700, while Wheal Satan Mine has also
declared a dividend of £l5 per share, and Wheal Mar-
garet Mine a dividend of £8 per share.
The accounts from Breslau state that the wool sales are
for their workpeople, but
said, and on
s ha
dt
sot
boughtetianddil y
em
pa
ISo
largely,
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ye, n t
ferxotmenliypeatGm
rieortisamn,,mnu ,
as
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o-
the principal purchases were by English and Hanaburgh
dealers and manufacturers, who had operated to a larger
extent than usual.
About 2s. 3d. in the pound, it is understood, will he
the amount of the second dividend shortly payable under'
the estate of Rougemont, Brothers. The first dividend.
declared, it will be recollected, was at the rate of 6s. in
ndtieoxnceededtilniagtlyaffsauicresesastfuAkll.ucTiaiendlaswteraeceporuongtrsesfrsoi:
the pound.
In New Zealand ailvices, dated the 30th of January, it
smoothly. Late experiments at wheat cultivation had
Wpisroemvlieeington were considered favourable. No fresh distur—
bances had occurred at Wanganui, and arrangements for
securing the peace of the district through negotiations
with the natives were on the point of being completed.
Files of papers from Hobart Town and Launceston, to-
the 20th of February, have arrived, and according to theic
contents the crops promise to prove abundant. Although
the markets were yet only scantily supplied with grain,
prices exhibited symptoms of decline, and wheat was
fetching on the average about 4s. 6d. per bushel. The
Commissariat had advertised for their usual sppply.

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