The Liverpool Standard, and General Advertiser.
Liverpool, Merseyside, England, 1854-10-17 00:00:00

ARRIVAL OF THE GUIDING STAR.

Tuß clipper-ship Guiding Star, of the Golden line,
Messrs. Millers and Thompsons, arrived in the Mersey
early this morning. She left Port Philip Heads on the
27th July, and has made the passage home in 81 days,
being, with the exception of that of the Red Jacket, the
fastest passage on record. She is reported to have 100
passengers, a very large cargo, consisting of flour, wool,
returned goods, &c., together with 60,000 ounces of gold
and 12,000 sovereigns. The Queen of the South steamer
sailed before her, and only arrived at Southampton on
Saturday; while the Golden Era and several London
ships sailed ten days before her, and have not arrived.

EAGLE LINE OF AUSTRALIAN PACKETS.

TETE fine ship Albatross, Captain Geves, one of the Eagle
Line of Packets to Australia, arrived at Melbourne on the
25th of July. The Melbourne Argus, speaking of her
" " She sailed from Liverpool .on the 30th
splendid run of 74 days from land
2rs are all in good health, and the
remarkably clean, and reflects great

arrival, says
April, and has mad(
to land. The passers
shin is. as us'

credit on the captain and officers. On arrival in Port
Philip, the passengers' subscribed a sum of money for the
purchase of a

nce to her voy

following 1€

this colony

his kindness and

er from the captain
,ssrs. Gibbs, Bright,

has been rec

Melbourne, July 30, 1854.
GENTLEMEN—I arrived at Port Philip on the 25th July.
after a favorable passage from the land. I experienced most
tedious weather in the channel. but I succeeded at last in
getting out through the north channel. The westerly winds
drove me nearly to 57 north. I was off Cape Clear on the

14th May, and 'sounded off Cape Otway on the 25th July ;
blowing bard and rain, could not distinguish the light. lam
proud to state the passengers are perfectly satisfied. Not a
single case of dissatisfaction has occurred amongst passen-
gers, officers, and crew, during the whole passage. The
Immigration officers expressed their satisfaction as to the
condition of the vessel and passengers.
My passengers have again subscribed a sum of money to
present me with a piece of plate.
My passengers are landed, after heartily cheering the ship,
when the immigration officers left.
I signaled the Norma steamer with the overland mail on
board, when I was near Port Philip Heads (I being close in
under the land wind scant).--I remain, gentlemen, yours, &c.
(Signed) WM. GEVES.
To Messrs. Gibbs, Bright, and Co.
The Almora, belonging to this line, which is to leave
about the end of this month for Melbourne, is in reality a
fine clipper ship, and quite new. Her sailing qualities
have been tested, as she has made her first voyage to Aus-
tralia and home, during the present year. Her passage
was a very fine one, and she made the run from the
Cape to Moreton Bay in twenty-four days. Her ac-
commodation is first-rate, and having port-holes be-
tween decks, her ventilation is complete, and to ensure
comfort, she will carry her fore-cabin passengers in
the fore part of the poop. The Almora will be suc-
ceeded by the celebrated clipper-ship Eagle, now lying in
the Sandon Graving-dock, being overhauled and fitted for
her next voyage. She, it is expected, will sail about the
20th of November. It will be recollected that this vessel,
under her talented commander, Captain Boyce, in 1852,

,
made the extraordinary run from Melbourne to London in
76 days, carrying at the time a heavy cargo, and bringing
with her the then largest freight of gold, and making the
fastest passage to London then known.

SALE .or Cnown WlN.Es.—From an advertisement it
will be seen that Mr. Branch has received instructions to
sell a large assortment of choice wines, including superior
sherries, ports, Madeira and claret, and a quantity of first-
class brandy. This is well worth the attention of con-

TILE NIAGARA, British and North American Royal Mail
steam-ship, Captain Neil Shannon, sailed on Saturday for
Boston and Halifax, with the usual mails for the United.
States and British possessions in North America, 163 pas-
sengers, and a full cargo of merchandise on freight.
POTATOES.—A correspondent states that, "on the 28th
August, there were taken up out of a garden, in Aigbnrth,
90 lbs. weight of potatoes, of eight square yards of land.
They were of the kidney species, and were planted on the
11th November, 1853."

THE RECENT FAILUEES.—The trustees of the estate of
Mr. Edward Oliver have published a telegraphic despatch
they sent, on Saturday, to the Times, stating that the
remarks made in the city article of that journal were quite
erroneous, and the settlement of Mr. Oliver's affairs was

proceediu

g very satisfactory

If his c

way of a satisfactory

SOCIETY FOR PROMOTING CHRISTIANITY AMONGST
THE Jzws.—Our readers will perceive by advertisement in
another column, that the anniversary meetin gof this society
will be held on Monday evening next, in the Hall of the
Collegiate Institution. The chair will be occupied by the
Lord Bishop of Chester. The meeting will be addressed
by several Rev. gentlemen connected with the society, and
much valuable and interesting information on the subject
of the society's labours and progress will be communicated.
WHOLESALE DISERANCHISEMENT.—A mistake has

been made by the overseers of Manchester, by which a
considerable number of millowners and manufacturers
have been deprived of their votes at the ensuing municipal
election. It appet rs that when the citizens' list was being
made out by the overseers, the clerk to whom the work
was entrusted omitted to copy one of the leaves, contain-
ing the names of 200 burgesses, who are, of course, dis-
qualified. The overseers are liable to a penalty of £5O in
each case. . _

CHESTER AND HOLYHEAD RAILWAY.—The traffic for
the week ending Bth October, 1854, was as follows :
Passengers, parcels, &c., £3,236 18s. 2d.; steam-boats,
£517 17s. 6d. ; total, £3,754 15s. Bd. Goods, £1,679 Is. .3d.
Total, including Carnarvon traffic, £5,433 16s. 11d. Cor-
responding week last year, passengers, parcels, &c., £2,998
Os. 7d.; steam-boats, £468 16s. 3d.; total, £3,466 168.10 d.
Goods, £1,444) 19s. Od. Total, including Carnarvon traffic,
£4,907 15s. 10d. Increase, £526 ls.
A RUNAWAY DEBTOR PROM MELBOURNE CAPTURED
IN LIVERPOOL—On Saturday last, Mr. L. T. Gaskell, one
of the chief messengers of the Liverpool Bankruptcy
Court, succeeded in taking into custody a man named
Joseph Berstien, a German Jew, who had, it seems, been
in business in Melbourne, as an outfitter; but from which
he had decamped without giving intimation of his in-
tention to do so, far less settling with his numerous
creditors. The levanter from the Antipodes arrived in
Liverpool by the Saldanha, and had been followed across
the ocean by the son of one of his creditors, named
Maunders, who came by the steamer which brought the
Overland Mail to England, arriving before the Saldauha.
Immediately[on landing he proceeded on an absconding
debtor's warrant for £12,000 or upwards. It had been
conjectured that Berstien was on board the Saldanha, the

warrant was put into the hands of Mr. Gaskell, who suc-
ceeded in taking him into custody. Other claims, it is
understood, are also forwarded to be preferred against the
runaway, whose chagrin on being secured was loudly
expressed.

LITERARY AND ,PIIILOSOPHICAL SOCIETY.— The an-
nual meeting of this society was held last night, at the
Royal Institution, in Colquitt-street, Joseph Dickenson,
Esq., M.D., in the chair. The report of the retiring
I b council was read. It congratulated the meeting on the

progressive advancement which the society had made
during its forty-third session, when twenty-four gentle-
men had been added to the list of private members, and
one corresponding member. The council regretted to an-
nounce the removal, by death, of Mr. W. B. Falcon, Mr.
H. Thorp, Mr. J. Focke, and Mr. Charles Barber, the
president of the Liverpool Academy. The society now
numbers 241 members, 13,7 ordinary members, and 67
corresponding members. Twelve papers had been read
during the session on various subjects. The council re-

gretted that the proposed union of the other learned so-
cieties of Liverpool with the Literary and Philosophical
Society had proved to beirapracticable, as theArchnological

and Architectural and the Polytechnic Societies did-not
entertain the proposal, and the Historic Society of Lan-
cashire and Cheshire would not adopt the old name of
Literary and Philosophical Society as the name of the
united society. The report concluded by congratulating
the society on the visit to Liverpool of the British Asso-
ciation. The report was adopted unanimously. The
secretary announced donations to the library from Mr.
W. R. Hamilton, the Historic Society, the Royal Insti-
tution, the Royal Cornwall Polytechnic Society, and the
Royal Astronomical Society. The following were then
elected five new members of the council for the ensuing
Sear:—Rev. H. H. Higgins, Rev. John Robberds, Dr.
J. D. Edwards, J. Brewer, Esq., and T. C. Archer, Esq.
The chairman announced that Mr. Edward Heath had
resigned the office of treasurer, and Mr. Thomas Sanson as
secretary. The following were then re-elected as vice-
presidents ;—J. B. Yates, Esq„ R. Mc.Andrew, Esq., and
Dr. Inman. J. P. G. Smith, Esq., was elected treasurer,
and Dr. D. P. Thomson, secretary. The remaining
members of the council are J. Hartnup, Esq., Dr. lime,
J. T. Towson, Esq., and I. Byerley, Esq. The meeting
was then adjourned until Monday, the 30th inst.

THE LORDS OF TUE ADMIRALTY having agreed with
the Prussian Government to exchange the Thetis, 36, at
Devonport, for two gunboats, the Thetis will be equipped
in readiness to be handed over.

DIE PREMIER AT ABERDEEIC—The Earl of Aberdeen,
according to invitation of the provost, magistrates, and
town council of Aberdeen, attended in the Town-ball
there on Monday last. There was a large and respectable
company assembled, who gave his lordship a flattering
reception. As might be supposed, the speech of Lord
Aberdeen turned on the subject which engrosses universal
attention just now—the war. His Lordship's peroration
was as follows :—" Let me observe, that in carrying on the
war with vigour and energy, we have nevertheless done
something to deprive war of its horrors. At the risk and
at the sacrifice of some belligerent rights, we have ad-
mitted the commerce of neutrals, and we have by our
example put an end to privateering—a most dreadful relic
of a barbarous age, and which the world will now probably
never KO revived. I say, then, that we have endeavoured
to mitigate the horrors of war, and I repeat that I, for one,
shall never lose sight of the only legitimate object of all
war—that of Arriving at a stable, just, and honourable
peace. Gentlemen, I will say that war, when it ceases
to be a necessity, becomes a crime. I should consider any
one who has prolonged the war for a single day, when it
was in his power to make a just, safe, and honourable
peace, would be greatly guilty in the eyes of Godand man.'

CarIILERCIAL .2110N.ETARY NEWS,

MONDAY NIGHT.

THE value of the public funds has been main-
tained throughout the week with but slight
fluctuations, though the tendency has been rather
downwards. The payment of the dividends corn-
menced on Friday, and this circumstance has ren-
dered money rather easier, and the rates of discount
have ruled lower, particularly as the repayments of
the advances by the Bank of England are considered
to be moderate in amount. The news from the
seat of war appears to have had but little effect, as
though success had been anticipated. The weekly
returns of the Bank of England again show a !
decrease in the stock of bullion, not.easily accounted I
for in the face of the recent large arrivals of gold,
and the statement that exportation to the Conti-
nent had almost ceased. The arrivals of gold still
continue, those of Friday alone being estimated at
£570,000 ; so that we should shortly anticipate a
more favourable statement.

The recent large failures in this town have con-
stituted by far the most important topic in the
commercial world, and fears have been excited of
still further disasters. So many conflicting state-
ments have been made with reference to the affairs
of Mr. Edward Oliver, that it is difficult to form a
correct opinion ; but it is of the highest importance
that danger should not be created by groundless
apprehensions.. As far as concerns the estate of
M'llenry and Co., there seems little reason to
doubt but that it will prove extremely unfavour-
able to the creditors, and it is reported that some
other houses, particularly in Ireland, have failed
in consequence. This fact, coupled with the .stop-
page of Mr. Oliver, has led to the expression of
fears that the example will be contagious, so that
before Christmas we may witness something of a
commercial panic. Had the present failures been
occasioned by a serious depreciation of any impor-
tant mercantile commodity, there might have been
some grounds for such apprehensions ; but the
fact is notoriously otherwise. All the '()Teat mar-
kets have been unprecedentedly steady, fluctuations
in prices have been comparatively slight, and, with
very few exceptions, the amount of business done
has been well maintained. In whatever way the
affairs of Mr. Oliver may be arranged, the loss, if
any, is directly attributable to his immense specu-
lations on insufficient capital, and his suspension
of payments ought not to affect the credit of any
other house, though it may, in some degree, em-
barrass those who have been most largely concerned
with him. Commercial panics have always been
distinctly traced to the operation of markets affect-
ing the many interested, and never to the reckless-
ness of one house, however large its transactions,
where the failure is clearly traceable to individual
conduct. If it be true, as has been asserted, that
the liabilities of Mr. Oliver have been incurred for
investment in shipping, which is a species of pro-
perty not immediately realisable, no reasonable
depreciation can more than slightly affect the ulti-
mate interests of creditors : however apparently
large, the difficulty will be one of time rather than
amount ; its worst effect will be upon those who
are large owners of shipping, though it cannot
apply to those who have it profitably employed.
But it is folly to contend that it can, in any way,
affect the numerous mercantile firms whose opera-
tions are in commodities which bear their full value
in the markets, and where there is no prospect of
a falling-off, either in price or quantity. For
these reasons, we deprecate indulgence in unneces-
sary fears, which, in too many instances, are the
cause of their realisation. _

In the Cotton manufacturing districts the dis-
trust which prevailed has in a great measure
subsided ; but as much caution is still observed,
and the accounts from India are not so favourable,
the amount of business done has been limited,
though prices have been steadily maintained. The
Woollen trade is still very dull, and less business
has been doing, owing to the unremunerative prices
for manufactured goods. In the Hosiery and Lace
trades there is also great depression.
The Corn markets have not yet shown any ten-
dency to decline, but the amount of business has
been very small, and the bakers have seized the
opportunity to make an advance in the price of
bread at the very time when the public are expect-
ing to derive the advantages from the recent
abundant harvest. It would seem that the agri-
culturists have also combined to keep up prices, by
withholding their Wheat from market.

The East India and China Association have just
published their usual comparative statement of the
number of ships, both British and foreign, with
their aggregate tonnage, entered inward and
cleared outward with cargo to and from places
within the limits of the East India Company's
charter, from the Ist of January to the 30th of
September, in the years 1853 and 1854. The
statistics of vessels entered inward show, in the
case of the port of London, an increase of 49
vessels and 22,051 tonnage, the difference between
580 vessels with 315,885 tonnage in 1853, and 629
vessels with 337,936 tonnage in 1854. Liverpool
exhibits a decrease of 8 vessels and 6,453 tonnage,
the arrivals having been 203 vessels, with 121,975
tonnage, •in 1853, against 195 vessels with 115,522
tonnage in the later period. The net increase
exhibited by this return is 55 vessels and 22,106
tonnage, the difference between 845 vessels with
460,753 tonnage, and 900 vessels with 482,869
tonnage. The principal arrivals have been from
Madras, the Philippine Islands, Java and Sumatra,
and Mauritius. The statistics of vessels cleared
outward exhibit, in the case of the port of London,
a decrease of three vessels and 22,424 tonnage,
the difference between 723 vessels with 360,215
tonnage, and 720 vessels with 337,791 tonnage.
The return for Liverpool presents a decrease of
81 vessels, but an increase of 11,175 tonnage, the
departures in 1853 having been 397 vessels, with
213,789 tonnage, and in 1854 316 vessels, with
224,964 tonnage. The net decrease is 146 vessels
and 10,262 tonnage ; the difference between 1,286
vessels with 622,477 tonnage, and 1,140 vessels
with 612,215 tonnage. Although in the Liverpool
and Clyde returns a decrease is exhibited in the
number of ships, the aggregate amount of tonnage
has increased—a fact indicating the preference
given to large vessels. The principal decrease is
in the departures for China, Australia, and the
Cape of Good Hope.
The return from the Bank of England for the
week ending the 7th of Oct., gives the following
results, when compared with the previous week :
Public deposits ... £5,703,065 ; Decrease ... £20,517
Other deposits ... 9,598,807 ; Decrease ... 325,470
Rest ... 3,728,025 ; Increase ... 9,135

On the other side of the amount—
Government securities .. £11,015.466; Increase
Other securities .. 16,677,317; Decrease 235,526
Notes unemployed ...... 6,391,015; Decrease , 108,365

0,253

The amount of notes in circulation is £19,959,015,
being a decrease of £5,905 ; and the stock of
bullion in both departments is £12,972,466, show-
ing a decrease of £87,404, when eompared with the
preceding return.

Issum DEPARTMENT,

Notes issued £26,350,030/Governmt. Debt £11,015,100
Other Securities 2,984,900
Gold coin & bu11'n.12,350,030
!Silver bullion ...

£26,350,030' £26,350,030
BANKING DEPARTMENT.

Prop. Capital ... £14,5

53,000G0v. Securities £11,015,466

Rest 3,728,62510ther Securities 16,677,317
Public Deposits 5,766,065 Notes 6,391,015
Other Deposits 098,807,G01d & Silver Coin 622,436
7-day &other bills 1,059,737
£34,706,234, £34,706,234

Our SHARE-MARKET has been flat during the
week., and business has been almost altogether
confined to a small amount daily, for investment
in some of the old lines, or in some of our local
stocks. To-day the market has been slightly
firmer, owing to an indisposition to sell, both on
the part of the public and of speculators, and there
being some few orders in the hands of brokers.
The tendency at present appears to be towards a more
easy money market and better prices. Business
has been done as follows :—Caledonians, 301 s 12-
Lancashire and Yorkshire, 711 ; London and
North Western, 1011- ; Midland, 69g- ; Ber-
wick Capital Stock, 19 1-16 ; York Capital Stock,
261 ;South Eastern, 18 13-16; E. Anglian 6 per
cent. B, 32 34 ; Londonderry and Enniskillen, 12
121 ex div ; St. Helen's R and C 5 per cent. 101.
PRODUCE..—The markets during the week have
been active, and a good business has been done in
Sugar, Molasses, Coffee, Tea, and Rice, at previous
rates. Palm Oil is in good demand, and Tallow is
improving.—To-DAY the Sugar market keeps quiet,
with the business confined to 170 hhds. Barbadoes
at 295. to 345., including 70 grainy at 30s. to 355.
6d., 80 boxes favana at 335. to 38s. 3d., and 1000
bags low soft Bahia at 28s. per cwt. 700 puncheons
Barbadoes Molasses have realized full previous
rates from the quay. Of Rum, 120 puncheons
Jamaica are reported at very full pricer There is
not any alteration to notice in Tea since the arrival
of the mail ; common Congou, of sound quality, is
nominally worth 101 d. to 11d. per lb, Rice con-
tinues in good request, 8000 bags Arracan having
been disposed of at Hs. 9d, to 125., with a small
lot of Bengal at 13s. 3d. per cwt. 400 bags Sago

Surat .
Madras
Bengal.

Flour are reported at 15s. per cwt., and 17 tons
green Ebony at £8 17s. 6d. to £9 per ton.
COTTON.—The market was very dull at the
commencement of the week, but towards the close
there was an improvement, and prices were steadily
maintained. The week's sales, up to Friday,
amounted to 39,420 bales, of which 3130 were
taken on speculation, and 4520 for export, leaving
31,770 for the trade.—TO-DA.Y the intelligence,
per Arabia, of a deficient crop had a hardening
effect on prices. The sales reached 10,000 bales,
of which 2500 were on speculation, and 1000 for
export, and the market closed firmly. The follow-
ing is a comparison of present prices with those of
the corresponding period last year :

New Orleans Middling
Fair .
Upland Middling
Fair ......

SALES. IMPORTS. STOCK
DESCRIPTION. PRICES. Week lithia Previ- Week 1 This
Oct.li 13endng' onsly
Oct. Ig:Oct.l
endn Year.
yr. 3

Sea Island
Stained —
Boweds 31
Mobile
New Orleans. 3
Pernams, &c. 6j 7f
Bahia, &c 6l
Maranham
Demerara,&c
Egyptian
Com.W.l.&c

9n 36

600 23920
•• •• 1280 1 3167 485722
9760, 380640
7827
,i, 4150 193660 1 502880
Bil 14980 734150 I 970258
600 40610 .. 25600 9830
300 24970 1230 23320 10270
7* 1100, 26780 2833 38488 25200
- • ...1 590 . . 409 100
9t} 1920 88780 7853. 68038 64720
-„, •• .t 6250 .... 3201 1100
4,1 6010 251970 ), 4495 189149 170710
- ••• • , 9240
- ••• .. 2040 .... 974; 3590

39420 1136880]

2740611805159 791400