The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-06-27 00:00:00

GENERAL TRADE REPORT.

Monday Night.
The serious results of the French revolution, although
long delayed, are at length overwhelming its concocters
with confusion ; the terrible cry for bread or death, which
the patriotism of starving thousands has withheld for a
time, has resounded through the streets of Paris. The
downfal of the organism of monarchy has not realized the
golden dreams of communist philosophy ; it has not fed
the people : in fact, as we augured some time back, the
bubble has burst ; and after an immense sacrifice of human
life, Paris at this moment presents an aspect which those
only who have seen a Parisian mob rampant in its fury
can imagine. Our various public securities have receded
in consequence, and Consols closed on Saturday at 83.
Trade however, has generally gone on much as usual.
The SHARE Market was each day quoting lower prices,
when the news from Paris on Saturday produced quite a
panic, and prices were quoted lower on that day than at
any time since the wild days of 1844. It has, however,
somewhat rallied to-day, but is still very depressed.. Lon-
don stock was, on Saturday, 115, from a rumour that the
line wanted repairs to cost a million; but this having been
contradicted by Mr. Creed, it has to-day been done at
118, and closes buyers at this. The destruction of the
mob at Paris is considered rather a favourable event (for
prices in this market) than otherwise. The depressing
influence now is the certainty of the movement of the
terrible army of Russia southward.
Since the Brokers' Circular was published there has
been a good demand for sugar, and better prices have
been obtained. The sales are 2,500 bags Bengal, and
150 hhds. Demerara. Rum and molasses very quiet. A
fair business has been done in Bengal rice; 3,000 bags
fetched Bs. 6d. for small broken, to 9s. 6d. for middle.
White coffee continues very flat ; 300 bags native Ceylon
reached 30s. per cwt., and 60 tic rtes Jamaica sold at
irregular prices.—The following summary of the past
week's transactions in the London colonial markets we
give on the authority of The Times:—
" In the colonial markets this week attention has
been entirely absorbed by the Ministerial proposition for
the West Indies. At the commencement, until Lord
John Russell's intentions were made "known' the impor-
ters of all descriptions felt little inclination to enter into
negotiations, but at the same time the buyers were equally
indisposed to increase their stocks during the prevailing
uncertainty. Hence the business of the week has been
small, and principally confined to the last day or two.
The effect of the contemplated alteration on the market
has been to raise the price of British about ls. per cwt. ;
while a few parcels of foreign have been realized by the
importers, who complain bitterly of the measure, at a
similar decline. The British plantation market has
closed with considerable firmness."
The average price of Brown or Muscovado Sugar, ac-
cording to the last returns, exclusive of duty, was—
from the British possessions in America, 255. Bid. per
cwt. ; from the Mauritius, 265. 6d. ; from the East
Indies, 225. 101 d.—By the last accounts from Havannah,
prices, free on board, were 13s. 4d. per cwt.
Our CORN market is extremely inactive and feeble in
every branch of the trade, and prices generally are rather
lower. In fact, the weather lately has been almost un-
precedently propitious, and we may attribute every change
in the market for some time to come to atmospheric van-
ations. With respect to the Irish and provincial markets,
however, although all kinds of spring corn are somewhat
depressed, and the turn lower, Wheat and Flour generally
are a little on the advance. Some few arrivals of Indian
Corn and Meal have got into Cork and Limerick this week,
which, notwithstanding there is still a fair demand far these
articles, has a tendency rather to reduce their value than
otherwise, and the market is a little lower.

During the latter part of last week, and even up to noon
of to-day, we had a decidedly improving COTTON market ;
but the Parisian intelligence coming down so very alarm-
ing in its features, caused a general gloom and depression,
and some sales were made under pressure at low prices.
The arrivals are coming in freely, so that holders are
willing sellers, and fully 6,000 bales have been sold to-day.
The attendance of buyers at our Wool, sales last week
was very numerous, but in consequence of the /1""d?-11
sales commencing the day after ours had closed (at whi.cla,
it is expected 15,000 bales colonial will be offered,}
together with the distressed state of trade, the colonials
sold heavily at a reduction of fully ld. per lb. on the last
May sales in London. A great portion of the East India
was withdrawn in consequence of the buyers not coming
up to the limit ; those that were sold were at prices rather
lower than former sales. The other low wools being
descriptions not in request, were almost all withdrawn.
Imports for the week :—Foreign, from Oporto, 17, West
Coast, 4,906, Bombay 707, previously, 34,919, Scotch,
226; previously 5,147.
There is still a fair demand for SILK by the trade, but
the supply of both Raw and Thrown Silk from France and
Italy has a tendency to depress the market, and former
prices are with difficulty supported. In China Silk Piece
Goods we have no alteration to make in prices, though
the demand is very limited.
The Scotch Pig 'mix market has been rather firmer
during the week, holders not being disposed to accept
present rates. Prices may be quoted at 435. 6d. free on
board at Glasgow for mixed numbers, and 445. 6d. for No-
-1 Gartsherrie.

The quantity of AMERICAN Beef on the market, owing
to the paucity of arrivals, may be brought into a very
narrow
.compass ; there is but little offering under 87s. 64. ;
and owing to the scarcity, anything of a higher quantity
is held in considerable requisition. The demand for pork
continues languid, and the trade are buyers only to the
extent of present exigencies ; our quotations will shoW
that our stock is very various in quality ; really fine,
however, is held- high in estimation, sales having been
made at 70s. a favourite brand. The sale of bacon has
declined. Hams, in dry salt, are still in good request ;
and shoulders have sold at an improvement, a large par-
cel having been disposed of by auction at 275. Lard meets
a languid sale, at reduced prices ; and although little was
brought forward on Tuesday, it was more than purchasers
were willing to clear off. A small parcel of cheese se-
ceived since our last, of ordinary quality was sold by
auction last Tuesday at 395. to 40s.
The TRISH ,Butter Market cannot recover from the
depressed position which we have reported for some weeks
past, and on Saturday holders generally were panic-struck,
having vainly offered a reduction of from ss. to 6s. Per
cwt. from the rates of this day week. Bacon still
sells
slowly, on account of the quantity of American thrown
on the market at low rates. Hams slightly in request,
and lard dull. The arrivals for the week ending this day,
are :—Butter, 6681 firkins, 1905 crocks ; Bacon, 124
bales ; Hams, 9 hhds. ; Lard, 50 firkins, 20 kegs.
•
Letters from Hamburgh state that the suspension of
of W. G. Arnamann and Son, of Altona; is to the amount
of £140,000, and that this event has brought down the
banking firm of M. Robinow and Sons, at Hamburgil•
Money still continued abundant at from 2 to a per cent.

MR. ROBERTSON GLADSTONE'S PLAN FOR REGULA-
TING THE SUGAR DUTIES.—The plan propounded by
Mr. Robertson Gladstone, for the regulation of the
sugar duties, which many persons consider likely to work
well for the West Indian interest, without imposing any
burden upon the British consumer, is a liberal modifica-
tion of a suggestion made to the Colonial-office by Sir
Charles Grey, the Governor of Jamaica, in his dispatch
dated the 21st February last, and received in London on
the 27th March. The suggestion of the Governor is not
even alluded to in any of the subsequent dispatches sent
from the Colonial-office ; it may, therefOre, be reasonably
inferred from this circumstance that the more liberal sug-
gestion of Mr. Gladstone is not likely to be viewed with
any much greater amount of attention. Sir Charles Grey':
suggestion, in his own words, is, "that the duties on
British British muscovado should be brought towards the. limit of
Id. per pound, and those on foreign to 2d. ; liable to
special relaxations in favour of such foreign states as
should bind themselves by treaty to give a similar mear,
sure of justice to their labourers as we give to ours.
Mr. Gladstone's plan is, "to impose a duty of Id. Per,
pound on all free-labour sugar, and ad. per pound on a!'
slave-grown sugar; and in twelve months or two years`..
as may be deemed necessary, subject to an official notin..
cation to the Government of this country that any slaver_
growing country had emancipated their labourers
and forbidden, by legal enactment, the importation „I._
slaves, the produce of such country shall be c"„
mitted at the reduced rates." It will thus be seSrr
that, substantially, the only difference between duty
to Grey and Mr. Gladstone is as to the neV,
to be imposed upon slave-grown sugar, the Gnve
nor recommending 2d., whilst the merchant ree?rn,
mends lad. ; Mr. Gladstone's plan being, to that ex'en
___
at least, the more favourable to the British consumel;:fr.
Albion.—[We believe that the plan suggested by '3.15
Gladstone was shown to several of our leading merchali'
three or four months since.]

SHIPPING INTELLIGENCE.

MONDAY, JUNE S.S.W., light.
ARRlVED.—Aberdeen, M`Gratli, from Savannah.

Chronometer, and Texian, hence at Vera Cruz.
Peru, hence off the Kroo Coast.
The Pakenham, that arrived here yesterday, frornfd°errte°
Rico, boarded the brigantine Declaration, of Boston, :50 the
lict, 27th May, in lat. 35, long. 53, and set her on fire. ren
30th May, in lat. 36, long. 47, experienced a severe
the N.B. for 24 hours, and while lying to, was struck harried
mendous sea, which threw the vessel on her beam en ds,,u;arics,
away house, wheel, binnacle, skylight, companion, 3rd
and stanchions, and washed the carpenter overboard. Y'4.s
June, in lat. 39. long. 43, experienced a second galee fro

LIVERPOOL:
TUESDAY, JUNE 27, 1848.
PRINTED AND PUBLISHED T N 0.
EVERY TUESDAY MORN
•a—sogi
By JOSHUA FLETCHER LACE, of 53 Grove street,
LEONARD ADDISON, of 14, Great Orford-street,
At No. 4, ST. GEORGE'S CRESCENT, LIVBEPOOIo

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