The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-02-29 00:00:00

GENERAL TRADE REPORT.

LIVERPOOL EXCHANGE, YESTERDAY.

The financial and commercial affairs of the country
becoine daily more involVed in uncertainty, and transac-
tions in nearly every branch of trade more limited in ex-
tent: The public mind had scarcely recovered from the
shock inflicted by the British Premier, when it was
astounded by the unprecedentedly rapid revulsion of
affairs which has taken place in France. It will be seen
from.our quotations below, that the funds .have suffered a
fearful decline ; and until further information arrives
from 'the scene of action, and a more definite judgment
can be formed of the probable result of this most unto-
ward event for the peace of Europe, we may expect a
continued depression to prevail. We need ecarcely add,
that this all-absorbing topic was the prevailing subject of
conversation on 'Change yesterday, and that various spe-
culations were hazarded, which at present it would be
premature to enlarge upon. The Stock Exchange pre-
Sents,a gloomy appearance. Three firms are reported as
being in difficulties.
The SHARE MARKET on Wednesday opened more
briskly, and good hopes were entertained that butter days
and prices were at hand. The meetings of the large
companies—the Midland, the York and North Midland,
the York and Berwick, bad given the public, generally,
satisfaction, arid the unsettled state et French politics
alone prevented a considerable rise ; an advance did take
I place, and some not inconsiderable purchases on specula-
tion were made on Wednesday. Thursday, or the evening
of the latter day, the news reached here of the stoppage
of the reform dinner; this made men hesitate, some more
timid than others, " got out" of their purchases with a
small loss. The news of the deposition of the French
king, the destruction of the Palace Royal, &c., reached
London at half-past five on Friday ; a great excitement was
apparent immediately in the neighbourhood of the Stock
Ex,•liane;e—t he leading brokers hail gone for the day, but
those in town met with several jobbers, and all shares were
offered at very considerably lower prices that those of the
morning. The funds fell from 88i to 851. Paris and
;Lyons from 4 dis. to 7 dis. French Northerns from 30s.
p.m. to 30 dis. Intelligence of a progressive movement
having been received from Paris, during, Friday night,
the fall in prices continued on Saturday. London Stork,
%hid, Was on Friday 146, fell to 139. Midland from 115
to 108 ; C in o's, from 881 to 832 ; and the smaller shares,
in which speculators had dealt largely,. were nearly un-
salcahle. In our market on the morning of Saturday,
very-little business was done, and this at lower prices ;
but. on the receipt of the telegraph from London at. 2 pm.,
the panic commenced here. London Stock fell from the
morning quotation 143 to 145, to 140; the One-fourths
from 5 pm. to 4 pm., and all shares were ofer d at very
low prices. A special meeting of . the Stock Ex-
change was held to afford facilities to sellers of Stock,
but only four quatations were made. YESTER-
DAY, prices were still lower, and we regret to state
that two failures were spoken of, and hardly any
business was transacted. Sellers did not appear to press
stock at the ruinous prices marker', but seemed rather to
desire to hold for a few days; till more certain intclligence
from the continent. The following were the quotations
at the AFTERNOON MEETING OF YESTERDAY :—Dover
shares, 3 dis. ; Londonl-shares, 3i- prem. ; Leeds 3rds, 31
dis. • Cheshire Junctions,6ldis. 131 to 133 was offered for
London Stock ; Midland Stock was asked for at very low
prices. A somewhat better tone was given to the market
than `at the morning meeting, from the prices by telegraph
up to noon, in London ; bad as they were, not being so
bad as many fearer. Consols, 81,1, 81, 82, 3, 2 ; Lon-
don Stock, 135, 138; Midland, 105 ; North Staffords, 81,
; Old Dovers, 27.

The COLONIAL MARKETS present a more lively appear-
ance. The sales yesterday wereaboutsoohhas. Thegrocers
have taken 400 hhds. Barbadoes, at very stiff rates. The
sale of foreign sugar went off well. Molasses are in good
request, and little offering. For rum there is a good in-
quiry, and holders will not sell unless at an advance on
previous prices. Demerara. 10 per cent. over proof,
fetched 2s. 3d. per gallon, and 34 per cents. 3s. 3d. The
demand for coffee is not so active. Tea continues very
quiet ; the dealers still purchase very cautiously. The
Dyewood Market is rather better. Campeacby Logwood
is in fine request, both for home use and exportation.
For saltpetre many buyers are to be met with. Several
parcels have been withdrawn, The owners decline to sell
in the present state of things. 1000 bags have been
placed, at an advance of ls. per cwt.—ln London,
the week, transactions have been on a small scale, but prices
have generally been supported, although in the case of
coffee a reduction has taken place. The sugar market,
has shown signs of firmness, and nearly all that has been
put forward by the importers has been taken by the trade
at'previous prices, and sometimes at an advance of 6d. per
cwt. Tea market firm, but not active. The termination
of the indigo sales showed that the very large quantity
of 8700 chests had been sold, of a total of 10,130 chests
brought forward.
We have very little business to report in CorroN, and,
all things considered, it would be matter of surprise if
we had. The demand, YESTERDAY, has been only to the
extent of 2,500 bales, at :Id. below the "prices of Friday
last, with an uneven market. Holders are willing sellers,
but there is no forcing sales, as our market would not
bear it : we should soon be nowhere as regards prices.
The business done in FOREIGN WOOL during the past
week -has been on a very extensive scale, chiefly in
Mogador, Buenos Ayres, and Turkey, but there is not any
advance in price to notice. Imports for the week :
Foreign.—Monte Video, 155, Venice, 50, previously,
14,528; total, 14,733. Scotch, 454, previously, 1,685 ;
total, 2,139.
The market for Scotch Pig IRON was firm in the earlier
part of the week at our previous quotations, the news
from France has, however, operated unfavourably upon
prices, which have somewhat receded, and may be quoted
up to last night—delivered in Glasgow—No. 1,51 s. 6d. ;
Mixed Nos., 50s. ; No. 3, 495.
Since the reports of the CORN TRADE, up to Friday,
which appear in another column, we have no change to
notice in the prices of any article of the trade in Liver-
pool. In fact, up to last evening the trade was at a stand-
still. The probability of a continental war, and the vari-
ous conjectures as to how prices might be affected by such
an event, has produced this stagnation. Some have gone
so far as to anticipate that European holders would send
as much grain as possible to England for security, and
others that war prices would be demanded ; so that in
the present uncertainty the trade is only in small quanti-
ties, for immediate consumption.

In the LIVERPOOL PROVISION TRADE, yesterday in-
clusive, we have to report moderate arrivals of butter
from Ireland, amounting to 3,810 firkins, 952 crocks. As
usual at this season, dealers purchase sparingly, and con-
fine their transactions principally to prime qualities, which
command full prices and are scarce. There is a slow trade
for middling and inferior kinds, and holders, wishing to
sell, are disposed to submit to a reduction.-Prime Irish
Imi:on, of which 121 bales arrived last week, is in good
demand.-Hams (13 hhds. arrived) a drug in the market.
-Lard, 2 tierces, 20 firkins, 10 kegs arrived.
Prices in Liyerpool.-Butter: Waterford, 88 . to 945. ; Kil-
kenny, Carlow, and Cionmel, 88s. to 925. ; Carrick, 86s. to 88s. ;
Wexford, Carlow, 88s. to 89s, ; Belfast, 88s. to 925. ; Bally-
money and Coleraine, 86s. to 89s. ; Banbridge, 84s. to 888.;
Newry and Dundalk, sOs. to 82s. ; Dublin, Carlow, 84s. to
88s.; 80s. to 865.; Londonderry, 82s. to 865.-Bacon:
Long Middles, free from bone, new, 565. to 605.; Short Mid-
dles, do. do. 58s. to 60s. ; American, 40s. to 545.-Lard: Fine
Keg, 60s. to 665.
In American Provisions there has been a pretty extensive
importation of Beef, 2700 tierces of which has been to a
London house ; and until this is brought into the market,
very high prices will be obtainable for similar parcels.
New Pork is scarce, and much wanted. The market has
been cleared of Old Bacon, at improving rates: New is
in good demand, best qualities fetching very high prices :
a great portion of the 400 boxes of Western cured offered
at the public sale on Friday was sold at 465. @ 493. 6d.
Hams and Shoulders are selling at the best prices holders
can get offered. The import of Lard has been large, and
the eagerness of holders to bring it forward to public auc-
tion has had a depressing effect upon buyers, and really
fine quality, in kegs, has been sold at 51s. Cheese has
been taken freely at an improvement. In Butter there
is nothing to notice.
Prices at Liverpool (duty paid):-Cheese-Fine, 4Gs to 50s
per isnsgi,e4,97itcom4es,s3;o ordinary,s to 3lss, ton
e3w9s .88. fioeg-;
nrainnry. no. t n as_ new tiQs to 86s : extra. India, family. &e.,
953 to 1008; ditto, per half-barrel, 30s to 355;-Pleas, per bar-
rel, 2001 b., 408 to 465, new 50s to 56s ; ordinary, 36s to 40s, new
40s to 46s ; prime, 30s to 325. Pork-U.S.-Pritne Mess, per
barrel, 2001 b., 48s to 60s, new 65s to 70s ; prime, 35s to 40s;
mess, family mess, &c., 48s to 555. Bacon-Lana Middles,
35s to 425, new 43s to 54s per cwt. ; Short do., 858 to 425, new
48s to 54s ; Shoulders, 22s to 2Gs. Hams-Dried, 20s to 50s per
cwt. ; in salt, 24s to 335. Lard-Fine, in kegs, 54s to 56s per
cwt. ; ditto, in barrels, 53s to 555. Butter-Canada, 58e to 67s
per cwt. soda Biscuit-305 to 35s per cwt. Pilot Biscuit-
-158 to 20s per cwt. Onions-4s to Is per cwt. Apples-20s to
30s per barrel.
Imports from the 10th to the 23d February:-Cheese, 1161
casks, 2987 boxes; Beef, 3113 tierces, 323 barrels; Pork. 834
barrels ; Bacon, 1901 cwts. ; Hams, 14 casks, 18 loose ; Lard,
2492 barrels, 10,713 kegs, 463 cases; Butter, none.

The following particulars of the TIMBER TRADE are
condensed from Messrs. Chaloner and Fleming's last cir-
cular, published on Friday, since which nothing of im-
portance has transpired :
Pine Timber: There has been a more active business at im-
proved prices for St. John, and declining prices for Quebec.—'
Red Pine has maintained its value.— Quebec Deals have gone
off readily at from .e 8 10s to .elO 12s. 6d. for second and mid-
dling qualities yellow pine, and £8 10s. per standard for
spruce.—Plank, New Brunswick and Nova Scotia Fir : The last
sales of St. John were at 24. 1-32 and 2d. 3.16 per foot of the
former, one-third was red pine, and the remainder spruce.
Prices of deals and boards are improving.—Birch Timber : The
last sale of St. John. with cargo, was 144. per foot.—Quebec (lak,
of fair quality and size, has been sold by auction at 28. per foot,
and a few good logs at 2s. sd. per foot.—Quebec Elm sold at
17141. to 20d. per foot.—Quebec Yellow Pine Masts: The last
sple was 2s. 6d. per foot for a small parcel.--Quebec Stares have
been in better demand.—New Brunswick and Nava Scotia Ash,

6.e., Hogshead Staves are in very limited consumption.—United
.Mates Stares have somewhat revived in demand through the
better inquiry for Canada Staves.—Railway. Sleepers: This
week Ss. pd. and 2s. 9d. each has been refused for a cargo
9xlo x 5 and 9 x 9 x 4. respectively.—ln Mahogany several
sales have taken place, but we have of room for the quotat ions.
—Cedar, Havana: Yesterday 155 logs, good quality, were soM
at from Ofd. to ed. per foot.—Zebruwood : Yesterday 23 planks
were sold at from .t 1 ss. to .e 6 10s.—Satinwood is held stitn-
ciently in stock, but knot enquired for, even City St. Domingo.
—Rosewood: 'Yesterday 128 planks were sold at .t'lB 10s. per
ton.—Laneewood Spars are heavy of sale, and sufticicut in
stock.—Teak.lVood, Green-Heart, and Norm Timber: Yester-
day a parcel of good Sabiuc was sold by auction at from 2s. I Id.
to Ss. 3d. per foot.—Lipitzmaitm : City tit. Domingo has de-
clined in value.
The following is the most important feature of the cir-
cular :
" Baltic timberand deals havebem entirelymeglected, through
disinclination on the part of buyers to Came forward until the