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.

ITo 'te anything of commercial interest frOm the scene I
, . -
of con sion and uproar which took place yesterday on
the Ex hange flags appears almost an absurdity. An
unruly ob, assembled under the pretext of demanding
redress for grievances at present complained of by the
Liverp of porters, took possession of the area, and diverted
the att ntion of the wercantile community from their
usual avocations to the more important object of securing
their own personal safety. The Exchange News-room
was clofsed, and all business suspended. We are con-
fidently! assured that only a very small minority of the
person 4 present consisted of the regular porters of the
town, ivho 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 France arrived,
London Stock advanced to 137 from 126 ; Midland,
'lO2 from 97, and the Half-shares, 5 dis. from 7 die. ; 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. 821
were obtained on Tuesday, since which they have ranged
between 811 and 80}. Last night the closing quotations
were 804 to 1.

It isa difficult matter to draw up an exact and particu-
lar account of the state of the CorroN MAaKET to-day ;
the demand has been good, and the attendance of buyers
numerous, but owing to the excited and unsettled ap-
pearanbe 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 id. per
lb. Thepresent prices of the three descriptions of American
" fair " cotton, as compared with the corresponding period
of last year, are : 1848. 1847.
New Orleans
Mohile
Uplands 4s

There has not been anything doing in our WOOL MAR-
KET this week, but for all this prices are firm. We have
a public sale here on the 30th instant, when about 400
bales Australian, and 2000 bales Egyptian, Turkey, and
Entre Rios ( of wnich some are very superior) will be of-
fered. Imports for the week :—Foreign.—Bombay, 413,
Monte Video, 337, previously, 16,953, total, 17,703.
Scotch.-356, previously, 2,616, total, 2,972.
We have nothing further to report 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 avoid transactions ofevcry
description. Saltpetre has continued to command atten-
tion, but this is the only exception to the general de-
pression.

The Scotch Pia IRON 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-
ghw, with a downward tendency; bars in Wales, £7, to
£7 10s.

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 16d. per foot ; with
birch at 14. per foot, and deals at £8 15s. per standard,
and dpring the last 14 days a cargo of St. Jobn at 18d.
per fopt ; for yellow pine 16d. per foot ; for birch 15d. per
foot ; ;for red pine and deals at £9 per standard. Three
cargoes of Quebec pine, imported in 1845, at 12,111. per
foot, one at 121 d. per foot, and one imported in 1846 at
14d. per foot. A cargo of spruce spars at 181-d. per foot ;
poles at is. 3d. each; oar rafters and sweeps at 3s. Id.
each ; laths at 14s. per M, and pickets at 325. 6d. per M.
A cargo of Miramichi deals at £8 10s. per standard. A
cargo cf Swedish fir at IBd. 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 activity in 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 and 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, atid.the Irish markets are firm, with an improve-.
ment in the leading towns. The Mark Lane Express.
tays-4' The innwegite effect -of a cessation of a totAly
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 France.
Looking at matters as they now stand, there is reason for
supposing that supplies will not prove fully equal to meet
the demand so long as the latter continues to be only for

real consumption.- A speculative demand, founded on
future contingencies 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
bow 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 pf hams and shoulders, as well as pork and bacon,
will l considerably less this year than last.
Prides in Liverpool, yesterday :—Buvraa : Waterford, Ms.

to 945.1 ' • Kilkenny, Carlow, di and onme , 88s. to 925. ; Carrick,
ess. tci 88s. ; Wexford, Cariow,BBs. to 89s. ; Belfast, 88s. to 928. ;
Ballyrboney and Coleraine, 86s. to 89s. ,• Banbridge, 848. to 888.;
Newry and Dundalk, 80s. to 825.: Dublin, Carlow,B4B. to 88s. ;
Sligo, .80s. to 86s. ' • Londonderry, 82s. to 868.—BAcox : long
middles, free from bone (new), 565. to 60s. ; short middles, 58s.
to 60s.—Lean: fine keg, 60s. to 665._ _ .

ty In the AMERICAN PROVISION TRADE 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
arcels of good quality which have been received have
parcels of good quality which have been received have
been tagerly taken at 70s. to 725. 6d. For old strips there
%as tiVen a good demand for Ireland, and all of good qua-
Jitv, 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 had
heavy importations of Lard, former prices have been
maintained.
Prices of American Provisions at Liverpool (dutypaid)
Cheese.—Fine, +Ss to 52s per cwt.; middling, 42s to 465; ordi-
nary. 39s to 41s.—Beef.U.S.-- Prime Mess, per tce. 394 ti.,
85s to 90s • ordinary, 7Gs to 83s, old COs to GSs; extra, India,
family, 84., 95s to I05s; ditto, per half-barrel, 30s to 355.
_

Mess, per barrel, 200 lb., 50s to &fis ; ordinary, 40$ to 4Gs, old
Us to 40s ; prime, 34s 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 40s; mess, family mess, &c., 58s to 625, old 48s to
525.--L—Daeon.—Long middles, free from bone' 48s to 548 per
cwt. ;; ditto, rib in, 42s to 545; old, 35s to 426. Short middles,
free from bone, 48s to 56s ; ditto, rib in, 47s to 555; old, 35s to
425. Shoulders, old, 22s to 268.—Huns.—Dried, old, 20s to
•

50s; in salt, 38s to 455, old 2Gs to 32s.—Lard.—Fine, in kegs,
50s to per cw t. ; fine, in barrels, 50s to 51s; ordinary to
middling, 478 to 495; inferior, and grease, 40s to 428.--Bmiter
—Canada, 58s to 678 per cwt.—. Soda Biscuit, :COs to 3.58 per cwt
—Pilcit Biscuit, 15s to 9.03 per cwt.—Onions, 4s to
Apple;, 20s to 306 per ba

per cwt

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

sur jointhe 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
" low figure they commenced at the early nart of the

season

the 4th inst. show that the notes in reserve 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 French 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 Bordeaux 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 Generale were holding out in-
ducements to the depositors in provincial savings' banks
to convert 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 Hamburgh it is stated that nothing can exceed
the prevailing dulness.

At FrankfOrt business bad been recommenced on the
Bourse, with better prices for nearly all public securities.

. .
Letters from Amsterdam announce the failure of the
firm of A. L. 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 Cents. being 991.
A loan and a change of ministers were talked of.

The following is the latest commercial information from
New York :
Exchange on London remains pretty much as per lists. The
best city bills bring from 10 to 101, but the quotations may be
fairly stated at from D. to 101. For French bills the demand is
rather better. and we hear of sales at from sf. 22c. to sf. 20c.

FLOUR.—The market continues firm, and prices are about
22-ic. 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 less than $6 25c.
to .86 37l c.

GRAI:;i.—For milling, here and at the east, there is a good
demand for wheat. The exporters do not take it at present
rates. Among the sales are 1,500 bushels Genessee, at 136 to
137 i ; 3,000 bushels on private terms, 10,000 bushels Ohio and
common Western, at 118 c. to 130 e. _ _

COAL.—Sales of Liverpool Orrel have been made at $8 50c.
four months, and of Pemberton's, at 35 75c. cash, which is a
decline from last week's prices. A cargo of Newcastle has
been disposed of on private terms. The market is rather heavy.
FREIGHTS.—Itates are low and but little freight offering.
Corn has been taken to Glasgow at 6d.; oil and lard, 20s. per
ton. To Liverpool Cotton, per 1b.,3-16d. ; beef, tierce,2s.6d.;
beef and pork, per barrel, 18d. ; flour, Is. to Isd. ; turpentine,
18d..; heavy goods, per ton, 20s. ; grain, per bushel, 43d. to sd.
MOVEMENTS OF COTTON IN THE UNITED STATES.
Receipts at ports of the U.S. since Sept. 1,181:7 1,183,193 bls.
same period last year 1,211.218
same period the year before 1,147,102
Experts from the U. S. since Sept: 1, 1847 597,707

- . -
Pl , I same period last year 492,498
r, same period the year before 577,519
The receipts at New York since the Ist inst. have been 31,000
bales. Exports, 10,000; taken by spinners, 14,000; stock in
the city, 38,000 bales ; amount on sale, 20,1)00.