The Liverpool Standard, and General Advertiser.
Liverpool, Merseyside, England, 1854-07-11 00:00:00

COMMERCIAL

MONETARY

NEWS.

MONDAY NIGHT.
tiring the week hasapre-

1 few changes worthy of note. The funds
have not been quite so high, but the reaction has-
been comparatively trifling, as though influenced
solely by speculative movements, without reference
to the reports of the progress of the war. For
commercial purposes money has been in fair de-
mand, but without alteration in the rate of discount.
Some few failures have been reported during the
week, arising, it is said, from frauds, but nothing
has occurred to check that general confidence in
mercantile security which has prevailed for so long
time past. The returns of the Bank of England
show another increase of the stock of bullion to the
extent of £345,623, and the other items of the ac-
count also show some large augmentations, the
private deposits having increased above a million,
and the other securities a still larger sum. There
is also an increase of nearly half a million in Go-
vernment securities, from which it may be inferred
that the Chancellor of the Exchequer is borrowinc,
money from the bank in order to provide for the
payment of the dividend.
In the Cotton manufacturing districts trade has
not been quite so active as it was the preceding
week, but prices have been well maintained ; and
there is no reason to doubt still further improve-
ment, as stocks are not heavy, and no interruption
of any importance has taken place with the export
trade. There is a slight appearance of improve-
ment visible in the Woollen Trade, and business
generally may be considered in a more healthy
state. There is also a little more doing in the
Hosiery and Lace Trades, though monetary de-
rangements in New York have tended to lessen the
demand from that quarter.
The most satisfactory proof which could be
adduced of the little interruption to British com-
merce by the war with Russia is afforded in the
returns of the Board of Trade, which have just
been published for the month ended on the sth of
June last. It appears that, in comparison with the
corresponding period of last year, there is an
increase in the declared value of exports of
£449,457, the respective totals being £7,123,191
and £7,532,648. The principal items of increase
are—Metals, £425,468 ; Coals, £87,537 ; Hard-
ware, £45,958 ; Cotton Yarn, £32,020 ; Wool,
£23,382 ; Earthenware, M 1,183 ; Stationery,
£17,143 ; and Cordage, £16,152. The principal
items of decrease are—Cotton Manufactures,
£135,745 ; Woollen Yarn, £34,998 ; Linen Yarn,
£34,906 ; Woollen Manufactures, £18,593 ; Linen
Manufactures, £11,924; Leather, £10,795 ; and
Beer, £10,605. The total declared value of exports
duringthefivemonthshas been £35,725,362, against
£35,093,824, showing an increase of £631,538—a
result the more gratifying, as the period with
which the comparison is made was one of great
commercial activity.

The returns of quantities of imported articles
retained for home consumption show an increase
upon most of the principal items, thechief exceptions
being—Tea, from 9,253,298 lbs. to 5,107,480 lbs. ;
Spirits, from 379,357 to 349,223 gallons ; and Wine,
from 647,505 to 619,289 gallons. The items of
increase are as follow :

1853. 1854.
Wheat, qrs. ....... 525,236 ... 611,993
Flour, cwt. ...... 342,502 ... 378,205
Pork, Lard, &c., do 77,389 ... 169,429
Eggs, number 12,756,189 ... 15,540,278
Cocoa, lbs 283,814 ... 376,345.
Coffee, do
Sugar, cwt.
Rice, do.
Tobacco, 1b5.......
Spices, do.

Of raw materials for manufactures, there has been
a large increase in Flax, Hemp, and Tallow, as well
as raw Silk and Cotton, but a falling off in Wool,
of which the re-export has considerably increased.
The shipping returns show a general increase in
the foreign trade, and also of coasting vessels
cleared outwards, but a falling-off in the latter
entered inwards. The comparison is as follows

FOREIGN TRADE.-ENTERED INWARDS.
1853. • 1854.
351,166 ... 407,416
292,448 ... 309,488

British ships, tonnage
Foreign ships, do.

CLEARED OUTWARDS
British ships, tonnage ......423,549
Foreign ships, do. ......242,867
COASTING TRADE.

428,816
339,810

Entered iniyards,tonpage 1,1'1,9,239 ... 1,128'
,388•

Cleared outirds.,

i,14.1,877

1,269,233

The return from the Bank of England for tin
week ending the Ist of July gives the followiN
results, when compared with the previous week :
Public deposits ... £5,315,198; Increase £42,393
Other deposits ... 11,119,344; Increase 1,004,961
Rest ... ... 3,229,791; Increase 27,268

On the other side of the account—
Government securities £10432,795. Increase £481,545
Other securities ... 16 ,750,401; Increase 1,166,494
Notes unemployed ... 7,385,205; Decrease 133,196
The amount of notes in circulation is £20,098,780,
being an increase of £484,545 ; and the stock of
bullion in both departments is £14,215,598, show-
ing an increase of £345,623,when compared with the
preceding return.

ISSUE DIPARTMENT,

Notes issued ... £27,483,985 Governmt. Debt £11,015,100
Other Securities 2,984,900
Gold coin & bu1rn.13,483,985
Silver bullion

.£27,483,985

BANKING DEPARTMENT,

Mustard Seed at 48s per quarter, and 136 bN
black Pepper at W. per, lb.

METALS.—The Metal market here continues in
a very healthy state generally, and the demand for
every description of manufactured Iron at the
advanced price continues unabated. Scotch Pig
Iron keeps firm without change in price, and the
accounts by the steamer from the States are good.
Copper and English Tin are in fair demand, but
Foreign Tin and Speller have been affected by the
recent heavy failures in London.

£27,483,986

Prop. Capital ... £14,553,000 Got. Securities £10,332,795
.. Rest . ... 3,229,791 Other Securities 16,750,401

. .
Public Deposits 5,315,198 Notes ... 7,385,205
Other Deposits 11,119,344 Gold & Silver Coin 731,613
7-day & other bills 982,681
235,200,014 .235,200,014

WooL.--The past week has brought with it a
little more activity. The opinion, which is now
very prevalent, that prices have seen the lowest
point, has created a little more confidence in the
trade, and buyers seem more anxious to purchase,
but only at very low prices. Some considerable
sales of Alpaca have transpired, during the past
fortnight, at prices almost ruinous to importers—
say, from ls. 9d. to ls. 11d. for good quality and
length, while inferior and short is less in propor-
tion, and much neglected. It is a pity that the
growers should persist in clipping this wool too
soon, as short grown flocks can only be used as
shorts, and are, consequently, much less in value.
The Yorkshire markets for Combing Wools, which
have been the most depressed of any class, have at
last taken a turn in favour of the seller, long wools
being now dearer by id to id per lb. than they
were a fortnight since ;, and, notwithstanding the
war, some fine weather, and a good harvest, with
an easy market for money, would produce a great
effect in the wool trade generally. In Irish there
is a good deal more inquiry, and English orders are
given out more freely and on more liberal terms—
say, from 14s. 9d. to 15s. 6d. per 16 lb. ; but the
weather having been unfavourable for shearing,
the quantities yet brought forward have not been
large. Imports for the week :-1,984 bales, viz.,
1,533 East India ; 73 West Coast America ; 80
Portugal ; 176 Buenos Ayres ; 20 Mediterranean
Port; 40 Scotch; 34 Irish, and 28 Coastwise.

Our Slum MARKET has again relapsed into a
very inactive state. The continued unsettled state
of the weather, and the vacillating policy which
appears to guide the management of the war, have
together thrown a gloom over the market, and the
public are indisposed to do business. Prices, how-
ever, from the fact of there being no pressure of
sales, have not receded much, and may be called
firm at their quotations. We annex those of the
business of this day :—Caledonians, 311 ; Great
Western, 79; Lancashire and Yorkshire, 66 ;
London Stock, 104 31 ; Sheffield Stock, 211 4 ;
Midland Stock, 66* 6 51 6 1 6 ; North British, 81 ;
South Eastern, 19* 1-16 941-16 ; York and North
Midland, 27* 7 ; Dutch Rhenish, 3d.
Corrox.—There has not been so much doing
during the week, owing to the diminished demand
from the trade, and there being less speculation.
Still the sales on the whole have been to a fair
average amount, the total for the week up to Fri-
day being 49,660 bales, of which 5,940 were taken
on speculation, and 5,240 for export, leaving 38,480
for the trade. Prices have slightly given way, and
quotations are reduced 1-16 d. per lb. TO-DAY,
there was a quiet market, and sales were only 6,000
bales, of which about 1,500 were on speculation
and for export. The following is a comparison of
present rates with those of the corresponding
period, last year

THE EARL 0/ DERBY leaves town to-day, for Knows-
ley, where the noble earl will receive a large party daring
the Liverpool races. The Countess of Derby and Lady
Emma Stanley will go to Tunbridge Wells during his
lordship's absence.
NEW GAS WORKS.— A piece of land has lately been
acquired in the neighbourhood of Wavertree for the pur-
pose of erecting extensive gas works for the supply of
Liverpool. The point selected is a field immediately
beyond the railway bridge, near the Edge-hill station, on
the right hand side of the road. Operations have already
been commenced, and the works, we understand, will be
prosecuted vigorously.
ASSAULT ON A SHIPPING AGENT.—Yesterday, two
seamen, named John Coffey and Owen Smith, were
brought up at the Police-court, charged with an assault
on Mr. Pereeval de Costa, a shipping agent. From the evi-
dence it appeared that the prisoners had been engaged as
seamen on board the Arctic, and SS that vessel was pro-
ceeding out of Prince's Dock, a quarrel ensued between
the officers and the crew. The prosecutor having been'
the shipping agent for the vessel, he attempted to inter-
fere between the captain,' and the men, when Smith
threatened to strike him, and Coffey, drawing his knife,
declared he would stab him (prosecutor). No blow was
struck, nor any stab made at Mr. De Costa, although the
feeling against him at one time appeared rather alarming.
For the defence it was averred that the men were irritated
to violent resistance by the captain and first mate, and
that the prosecutor had no business to interfere. The
magistrate held the defence to be untenable,and sentenced
each of the prisoners to pay a fine of Ios., orbe imprisoned
for a month.

LICENSED VICTUALLERS' BAZAA.a.—The bazaar and
fancy-fair for the benefit -i)f the Licensed Victuallers'
Asylum, which was opened by his Worship the Mayor on
Monday last, as stated in last week's Sicnadard, has con-
tinued throughout the week. Notwithstanding the unfor-
tunate state of the weather, the attractions have drawn
considerable numbers to inspect the collection of articles
exhibited. These include everything to be found
in ordinary bazaars, besides curiosities of endless
variety, lent for the occasion by friends- of the in-
stitution. Raffles for articles varying in value from
a penny to £l2O have been or are being got up, to
the amusement, and, in some cases, advantage of the
subscribers. The chief event of this description has, how-
ever, yet to take place; the object of competition being a
magnficent chiffonnier, elaborately and richly carved,
which formed a centre of attraction at the recent exhibi-
tion in Dublin. It is a beautiful riece of furniture, and
is much admired. It will be raffled for in 120 shares, of
£1 each, one-third of the entire amount being given by
the manufacturer and present owner, Mr. James Fair-
dough, for the benefit of the institution. In consequence
of the unfavourable state of the weather in the early part
of last week, the bazaar will be thrown open for one or
two days longer. Among the many contributions to the
institution was the munificent sum of £lOO, presented, by
Mr. James Thomson.

LAI4CABILIIIE YeontaxitY..—The Duke of Lancaster's
yeomanry regiment has received ordevs to newel:able' at
Lancaster on Friday, the 28th instant, for duty and in-
spection. The Bolton troop of the same regiment will be
marched on the previous day to Preston, and thence to

Lancaster.
MR. BASS, 31.P.—8y the advice of his physician, Mr.
Bass, M.P., has retired for a while to his seat, Byrkley
Lodge. We are happy to say that Mr. Bass is not dan-
gerously ill, but in order to prevent a more serious attack,
the hon. member has been ordered not to transact any
business for'the present.—Derby Reporter.
TILE SESSION.—We believe that the anticipations res-
pecting the more than usually short session of parliament
this year, are likely to be disappointed. There is still
much important public business to be done, and the pri-
vate bills are so numerous and backward, as to render it
probable that the session cannot be brought to a close
before the 10th of August.—Observer.
LIBEL—TIIE LATE Louxu ELECTION.—In the Court
of Queen's Bench, Dublin, on Friday, a trial for libel took
place, in which Lord Claremont was plaintiff, and the
proprietor of the Dundalk Democrat defendant. The
first libel appeared in January last, shortly after the
Louth election. The defendant pleaded under Lord
Campbell's act that he was not influenced by any malice
in what he had published, had lodged £lO in court, and
had tendered an apology to the noble plaintiff. The
article assailed his lordship by name, who is the brother
of Mr. Chichester Fortescue, M.P. The jury returned a
verdict for the plaintiff on all the issues, with £250
damages, including the £lO lodged in court, and ed. costs.
ARTIFICIAL HATCHING.—A very ingenious improve-
ment in artificial hatching has been made by Mr. Carlo
Minasi, the son of the well-known pen-and-ink artist. By
the use of a small naptha lamp, without wick, and burn-
ing with an equal flame continuously for weeks together,
70 eggs were hatched at the top of the apparatus, and one
reared by the assistance of an artificial " mother" at the
bottom, the first cost of the whole affair being but trilling.
The improvement admits of the application of gas.
STATISTICS OP FIRE INBUEANCE.—Mr. Hyde Clarke
has had printed a few pages containing some interesting
statistics, of which we shall give a brief abstract. The
total amount of the government tax on fire insurances in
the three kingdoms is £1,273,360 representing property
valued at £848,906,000 exclusive of £60,984,423 the

value of farming stock insured. The total value of pro-
perty in England insured is £818,944,000; in Scotland,
£52,800,000 ; in Ireland, £38,145,000. This property
chiefly consists in buildings, furniture, and goods. Basing
on these data the total value of property, uninsured as
well as insured, in England alone, is estimated at probably
£5,000,000,000. Of sixty-one insurance companies
throughout England, thirty-five are metropolitan. There
are besides, eight Scottish and two Irish companies. Five
of the metropolitan companies do £400,000,000 of insu-
rance, or nearly one-half the English business. Four
Lancashire offices do £51,100,000, or more than both
Scotland and Ireland together. Norwich is a great fire
assurance centre, the five Norwich companies doing
£60,600,000. Mr. Clarke proposes either the total aboli-
tion of the obnoxious tax on insurance policies, or the
raising of the present amount only, from all property, so
diminishing its pressure on the prudent. In Norway,
some Swiss cantons, and some German states, assurance
against fire is a compulsory obligation, and constitutes a
state tax, every householder being obliged to contribute
to the common fund, and, in case of loss, receiving com-
,thhaevidnwocgitthboL;ew'
pensation from it. This is found to work well, and, in
Mr. Clarke's opinion, could be as well administered here.
EXTRAORDINARY Escaps AND RB•CAPTURR OF A
PRISONER AT THE DARTMOOR PRISON, PRINORTOWN.—
on Friday last, one of the prisoners in this establishment
escaped under the following circumstances :—He was
found missing from his cell about five o'clock. A search
was accordingly made around the prison but without
success ; but about half-pastprison by Mr. Burgess, the landlord of a public-house at
six he was brought into the
Two Bridges. It appears, according to the prisoner's own
statement, that he escaped from his cell about nine o'clock
the previous evening (Thursday), having cut a piece out
of the lock of his door. This enabled him to reach the
large hall, where one of the officers is supposed to be on
duty. He then proceeded to make a hole in the roof,
which took him three hours, when he got outside the
prison, but was surrounded by the boundary wall about
twenty feet high ; he succeeded, however, in scaling
this wall, and on finding himself outside the prison he
snhmictaeihhenrhetoe tbuN,vifropr(l4k,
proceeded to the house of Doctor Campbell, the official
dwochitoehr (hwehbicrohkheeiwnteoll, kstnoelew,
gspub°r:,thand started direct for Two
himself,coat, leg gipuntgosn, aanpdafirdci.ii-.1
Bridges ; broke into a stable there, took a horse and saddle
therefrom, mounted, and was off on the road towards
PRODUCE.—The Sugar market has been very Exeter. He had not proceeded more than a mile before he
met with the owner of the horse, who had been to a fair
unsettled, arising from the uncertainty and confu- about seven miles off, and was returning home in company
sion as to the proposed standards for the various with another man ; they stopped him and demanded to
qualities, and sales have, in consequence, been
know where lie was going to take the horse, and on per-
limited to demands for immediate neeessities.—ln ceiving he had on a part of the prison dress, they took him
Coffee but little doing.—Rice in rather better
minotorngciunstocly and brought him back to the prison. This
(Friday)
he was examined before the magistrates
demand ; that for Rum continues limited.—The at Tavistock. The prisoner is a mason by trade, and on
Tea trade inactive, except for common Congous. breaking into the doctor's house, in addition to that which
In Saltpetre little doing, but Brimstone in fair is above stated, he stole some plate.—Plymouth Mail.
request. Palm Oil and Tallow in active demand CARELESSNESS IN Cana..—The Norfolk Chronicle
gives an account of a curious discovery of an extensive
at improving prices. TO-DAY, the sales in Sugar,
system of ro.bbe.ry. On. the 22d ult. a police constable at
naving a prisoner o ebefore a magistrate
t tak -
including Saturday's business, comprise 250 hhds. system of robbery. On the 22d ult. a police-constable at
including Saturday's business, comprise 250 hhds. Swaffham,
Barbadoes at 325. 6d. to 375. 3d., a small parcel of some miles off, hired a horse and cart for the purpose off
Demerara at 335. 91, 100 hhds. low Cuba at 305., a baker in the place. Just as the officer got into the cart,
30 hhds. Porto Rico at 355., and 240 cases, 290 the baker recollected that in the driver's box there were
brls. and. 470 bags Maceio, to arrive, deliverable at
two pairs of boot fronts which he had stolen from a cur-
's at Swaffham. of asked the to
an outport, at 20s. per cwt.—There is nothing to
reter him take the driver'H se, boxcourse away, but the man said he
notice in Molasses, Rum, or Coffee.—ln Tea there should want it to sit upon; and his suspicion was so
has been rather more activity, and several parcels much excited by the baker's urgency and some agitation
of Scented Orange Pekoe have changed hands at in his manner, that, before returning, he had the curiosity
'
full prices --A cargo of Arracan Rice has been to look into the box. The account the baker gave when
sold, afloat, for the Continent, but the
price has not questioned about the boot fronts was so unsatisfactory
that the officer searched his house, and found a large
transpired.—Of Saltpetre, we have to report 150
quantity of stolen property, much of it received from a
bags at 345. 6d, to 345. 9d. per cwt, for 44 per cent. draper's nephew, whom he had persuaded to TO lad
rviractivnelPlro hue alag to notice 694 Nip yolloY wow.

New Orleans Middling
Fair
Upland Middling

1883,
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.. 6
.. et

DESCRIPTION. PRICI: Week Pron.
ending ously
. . - July 7 this yr.
Sea' island B(4 27 2000; 13600
Stained - 7 10, 720
Boweds 10110 244560
Mobile 4j 51 3540! 136650
New Orleans.' 34 8 23460,' 480500
remains, &c: -6* 84 1600; 24680
Bahia, &c 6 61 790 16360
Maranham
Demerara,&c 64 74 50, 430
Egyptian . 53 11 25701 56880
3520
Surat

I M PORTS. STOCK
i..---...----„ .-.........
Week This
ending Year. July 7
July 7

,
7147)-196:59
} 14067 741752 624990

Madras 34 4 190' 4730
Bengal — ....1 1600

49660 11702001

2120 19222 17430
1116 14884 9620
21621 20870
204 4091 210
30495 57380
820 2023 2700
} 4725 139572 193290
974 3670

1357811 930150