Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1826-06-17
AlEMx A N.D@.gAs
SATURDAY MORNING, JUNE IL, 1876


dates one day later than those received at New
York.
The proposition Of Mr.. Canning to give Mi
nisters discretionary powers to admit foreign
corn, not exceeding 100000 quarters in guam
tity, was, after debate the evening oil the 5th,
accedsd to without division. The Courier
states that certain persons are endeavorlng to
excite the prejudices of the House ofLords, but
intimates tina, this body will concur with the
House Of Commons
A grea, reduction in the prices Of wheat, bar
ley, oats, SC. had taken place in consequence OF
MIR. Canning's proposition.
The Liverpool papers state that the manu-
featuring districts were tranquil up to the 9TH,
and express belief that there was no longer a
ny reason TO anticipate a renewal OF the outra-
ges which had taken place within the las, fort
night.
The London Courier of the 9th May holds
the same language.
A London paper Of the 9TH Of alay says, "it
is now generally believed that the directors OF
the Bank of England are on the eve, in limit
ed degree, of carrying into effect the establish
1nent Of branch banks; not that they regard the
measure as particularly favorable 10 its inter
esus, but they willingly adopt the suggestions
Of ministers, who conceive their adoption es-
sential 10 the restoration of credit and comb
dence throughout the country, Provincial bank
paper cannot indeed now circulate TO any great
extent, and not single attempt is making IN
any quarter 10 form joint stock companies for
the purpose Of banking; SO that whatever opin-
ions may be entertained of the merits OF bran
ehes of the Bank of England, they seem to be
the only mode left for filling up that void which
The late crisis has left in the circulation"
The packet ship SiIas Richards arrived al
Liverpool, ON. the 9th ultimo, in tweniy-iour
days from New-York.
The coaches from Leeds 10 London, travel
with unprecedented speed. They perform the
distance ofllo miles in seven hours fifty min
utes.
A small advance has taken place in the Cot
ton Market at Liverpool; which was attributed
10 the adoption Of the resolution for liberating
bonded corns
The following extract of a letter from res
pectable source, to gentleman in Baltimore,
we copy from the American Of yesterday
liverpool, sh May, 1926 Our Corn Laws
Gre undergoing partial change. The govern
meut have agreed to let the bonded wheat,
-four, sc tina, is at present in the warehouses,
out, on duty OF Us per quarter on wheat, and
about IS per barrel on -four; and they have ask
ed permission 10 allow. il it should be found
necessary between the rising Of the present and
the meeting Of the next parliament, TO be i'm
ported equal 10 SOC, 900 quarters Of gram from
America and the Baltic. The bill has not yet
finally passed, but as lis agovernment mea-
sure, and done under an apprehension Of search
", there is no doubt but that it will be carried
through both houses this week. The old -four
here it is expected vii! bring Sos TO 4os. No
sales made yet IL will doubtless be an object
of speculation in America, to send on flour
here. which think myself will no doubt be adj
mitted in the course Of the year, on the same
terms, for home consumption"
Some little stir has been made in the Phia-
delphia Flour Market in consequence OF the
proposed suspension Of the British Corn Laws
The dealers in the article put the price at IS,
10 s.. but no sales have been affected at the adj
vance. The Baltimore A american of yesterday
morning, says that no perceptibe change has
taken place in that market, but we have seen
letters which give a different account. The
subioined extracts are from highly respectable
sources:
Ertraet of letter from Bahimore oated June Is
"Howard street Flour commanded to-day
81 so, re adily, and wharf has been sold at It;
the holders Of the article are firm, and look Tor
a greater adv ance in prices"
Extract of another letter from Baltimore dated June Is
81 have only time TO say that the news from
England has put Flour up All the ioreign
grain now in bond in England is to be admitted
for consumption; wheat at duty OF Us. per
quarter, and -four at SIS Sd per cwt with hber-
ty to admit further quantity if it should be
wanted, 10 amount of 100000 qrs.
A meeting Of the citizens Of New-York will
.ake Mace on the 10Th inst with a view of a.