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during the last week were very consider. not so brisk ; new yellow candle, 358. and
lower ; the market is heavy at the decline. There is not so much business doing in Oils.- Whale oil is very dull; Green. sugars this forenoon; the prices are without land, 241. ; cod oil is scarce, and in conthe slightest variation.
sequence 261, has been obtained. By public sale this forenoon, Ill hhds. Rice.—There continues to be a great in9 tierces Barbadoes sugar went off with quiry for rice ; Carolina, 33s. ; white Bengreat briskness at 1s. advance, 57s. to gal, 14s. to 158. 678. 6d.
Wine.- The purchases of wine last In the refined there was much heaviness week, 200 pipes of port, 1820 and 1821, át in the parcels for shipping, on account of about 372. per pipe; 140 pipes Cape, fair the season for export being so far advanced ; quality, 127. to 131. there was, however, little variation in the Cocoa.--The Government contract renprices. Molasses were 26s. 6d.
ders the prices of cocoa nominal. In Foreign sugars no purchases to any By public sale this forenoon, 78 casks extent are lately reported.
Grenada cocoa, good quality, sold at 8ls. Coffee.—The market has, on the whole, to 83s. been heavy for these four weeks, but the Rum, Brandy, and Hollands.The prices advanced about 28. on the second of Government contract for rum, 100,000 November, which advance was maintained gallons, has affected the prices and demand in the following week. St. Domingo, 598. for Leewards ; there are no parcels offering to 60s. Berbice middling, 96s. to 985.; under 1s. 4d. Jamaica descriptions are good middling, 106s.; good ordinary Ja- also held with much firmness. The only maica, clean, 59s. 6d. Last week the mar. alteration in brandy is that there are sellers ket was heavy, but without diminution of of parcels at 2s. 9d. housed.-In Geneva the prices. Several extensive brokers withthere is no alteration. drew their sales, on account of the languid PostScript, Nov. 23. Cotton.--Above demand, and the advanced season for ex- 12,000 bales have been sold this week, port. The market is dull, but not lower owing to the great animation of the Liverthan last week.
pool market, where 26,500 bales were sold Spices. The only alteration since the from 13th to 20th Nov. at advanced prices. East India sale on the 9th, (see retros- Spices of all kinds rising ; especially Nutpective view) is, that nutmegs bear a pre- megs, which are to day 4s. Od. to 4s. 9d. mium of 2d. to 3d. per lb.
Tallow, 35s. 3d. Rum.-Government conHemp, Flax, and Tollow. Tallow is tract taken to day at 1s. 3.d. per gallon.
OF THE COMMERCE OF GREAT BRITAIN
FOR THE LAST SIX MONTHS.
(London, Nov. 1824.) The comparative stagnation of public expectations which we have always enterbusiness, following the close of the session tained of the result of the liberal policy of Parliament, will render our preliminary adopted by his Majesty's ministers, and observations less copious perhaps than which naturally authorizes the inference they otherwise might have been; and while that they will be induced to persevere in the system adopted by the government for their laudable efforts to relieve commerce the regulation of the commerce of the from the shackles which have so long rekingdom continues to be uniformly pur- strained it, and which are entirely incomsued, we of course do not feel ourselves patible with the actual state of foreign called upon to take up the time of our countries, and the great advances which readers by restating the opinions which we they have made towards rivalling the mahave already explicitly given ; though on nufactures of Great Britain. One of the the other hand, we gladly notice every most satisfactory tests of the effects of the fact, that secms to justify the favourable new systein is the produce of the revenue, and it is therefore satisfactory to find that French army of occupation from the Pe the accounts for the quarter, ending October ninsula, will be too much occupied, as 10, exhibit an increase of 64,0001. beyond there is every reason to fear, in domestic the corresponding quarter of the last year, dissensions to make any further attempt to notwithstanding the repeal of taxes. The recover its former possessions. revenues of the Post Office and Excise, both Sugar.- The market reports from the grand criteria of internal prosperity, have end of May, and through the whole of increased materially ; the former 100,0001 June, noted the prices of sugar without on the year's calculation, and the latter any variation, and without tendency either 270,000 for the quarter. Some other to rise or fall, so that the fuctuations must - countries have concluded, or are actually have been transient and unimportant. At negociating, treaties with Great Britain on the close of the third week of June, it apthe principles laid down by the reciprocity peared that there had been an improvement bill. Among the latter is the Netherlands, in the refined market; above 1000 hogsthe negociations with which kingdom are heads of crushed sugars, chiefly from the doubtless difficult in proportion to their im. Mediterranean, had been purchased, and portance. The government of the Nether. lumps for the Hamburg market being in
lands, too, seems still to have some attach- demand and scarce, were not to be had at ment to the prohibitory system, or we less than 76s. The very extensive arrivals should rather say, there is a powerful party at the end of June, of course, tended to averse to the freedom of commerce, and depress the market, but not so much as which has had influence enough in the had been anticipated, because the samples second chamber to oblige the government from the Docks were not so large as might to bring forward a law, imposing heavy have been expected. At a public sale on duties on the importation of grain of all the 29th, 200 hhds. of Barbadoes sold at descriptions, with a view to relieve the full prices, viz. 578. to 66s. 6d. ; 237 hbds. land-holders, who suffer by the great de- St. Lucia, sold ls. per cwt. lower, and inpression of agricultural produce. This deed, all low sugars had experienced the having been conceded to the landed inte- same reduction. Through the month of rest, it is not improbable that the manu- July we do not find any fluctuations of facturing interest, which is very powerful in consequence; the buyers having beld the south division of the kingdom, may be back in expectation that the extensive ar. able to procure the continuance of com- rivals, and the good show of new Musco. mercial restrictions, notwithstanding the vades would materially depress the prices, avowed wish of the King to remove them while the sellers were not disposed to subwith regard to those nations which shall mit to any further reduction, and at the manifest a similar feeling towards the close of the month there was even a small kingdom of the Netherlands. In expecta- improvement, especially in the refined mar tion of the conclusion of a commercial ket; for several weeks the deliveries from treaty with Great Britain, the Dutch go- the West India warehouses were very exvernment has issued a provisional arrange- tensive, viz. almost 10,000 hhds. in the ment, placing British ships in certain cases fortnight, ending Aug. 3 (on which day, on the same footing with those of the Ne. 2,000 hhds. were sold), and on the followtherlands.
ing week, no less than 7000 hhds, and With respect to the new American States, 7000 hhds. more in four days of the fol. no further change has yet taken place. As lowing week; partly because the season was far as can be judged from the statements of come for the wholesale grocers to lay in their own journals, they seem well satisfied their stock, partly because the low prices with the manner in which Great Britain tempted buyers, and partly because an has acted ; and it is thought by many alarm was created by exaggerated accounts persons, who at least ought to be as well of an insurrection, said to have broken out informed as private individuals deeply in. in Jamaica. All this of course led to an terested in the question can be expected to increase in the prices, which though not be, that the British (and perhaps also the very considerable, probably prevented the French) government would prefer defer- business transacted from being much more ring the recognition of the independence of extensive. The market report now began any of the States till the decision of the to note the prices as rising, with a tendency struggle in Peru shall have shown whether to advance; no great change bowever took Spain is likely to retain any part of her place. In the last week of August and colonies, or whether she will irretrievably first week of September, the market was lose the whole ; in which latter very pro- languid, and did not revive till the holders bable case, a general acknowledgment of seemed disposed to give way a little in the independence of all those states might order to effect sales. On the 31st of Aug. be made at once by the European Powers there was a rather remarkable sale of in concert, and even with the consent, 28,000 bags of Mauritius sugars, which however reluctant, of Spain itself, which sold much higher than had been antici. after the expected withdrawing of the pated, viz. 223. to 24s, for the brown and
yellow. The market reports begin on the but at a reduction of fd. on the prices of 21st of September to note the prices as the sale on the 21st. ult. The Bourbons disposed to decline, but do not make any were taken for the country at full rates. change in the quotations; and though the In the months of July, August, and market has on the whole improved since September, the business done was on the middle of October, it is not till the the whole inconsiderable; in September 9th of November that we find any advance especially, it was trifting, with respect stated, where the report quotes sugars as
to East India descriptions in expectation rising.
of the sale on the 24th of that month Coffee. - The market was tolerably at the India house of 16,000 bales, which steady during the greater part of June, but proved very unfavourable. In the followdeclined in the last week of that month, ing month the market was still heavy, till and on the 29th was very heavy, on which about the close of the third week in Octoday 270 casks of Jamaica, and 1168 of ber the inquiry revived, and in the last foreign were sold by public auction at a three weeks, ending the 16th of November, decline of 1s. to 2s. per cwt. viz. Jamaica, the demand has become very animated both good ordinary, 578. to 58s.; fine ordinary, in the London market, and at Liverpool 60s. to 63$. ; fine fine ditto, 65s.; low and Glasgow, chiefly on account of infora middling, 69s. to 74s. ; middling, 76s. 6d. mation from America, announcing great to 788.; very ordinary and broken St. damage to the cotton crop in south CaroDomingo sold at 59s. ; good taken in at lina and Georgia, by rains and floods, for 618. Though the public sales through the particulars we refer to our report for the month of July were very extensive, the this month. The arrivals at Liverpool in market improved considerably; the finer the last six months were 212,800 bags, the and middling descriptions having advanced, sales 280,700 bags. and the foreign having experienced a much Saltpetre and Spices. At the end of more extensive demand, though without any June there was a great demand for cimaconsiderable rise in the prices. At the end mon of the best quality, for which 78. 4d. of July there was a falling off; the prices was asked, and also for pimento at 74d. to. after a partial decline, continued fluctuat. 8d. for good quality. Pepper was also in ing, but on the whole, favourable during demand, and the saltpetre rose from 18s. 6di, August, in the last week of which month, to 20s. 6d. chiefly because the East India, ordinary descriptions advanced from 28. to Company had not declared any sale. The
and the finer qualities from 48. to 65. market continued pretty much in the same per cwt. During the first three weeks of state till the East India Company's sale on September the prices were on the whole the 9th of August, the particulars of which maintained, only the Jamaica was brought are to be found in our number for Septemforward in such large quantities that a ber last. Pimento and nutmegs continued small decline was naturally to be expected. in demand at steady and even improving The market during the remainder of Sep- prices; and white pepper suddenly rose at tember, and up to the 9th of November the latter end of September, 1s. per lb. from was reported heavy, but without any ex- the loss of a vessel with a large quantity on traordinary variation in the prices ; the or. board, the East India Company having dinary Jamaica, however, after having been none in their warehouses ; the demand, very much depressed, has begun again to however, soon relaxed, as well as that for sell pretty freely at full prices.
nutmegs, which however remained steady Cotton. The market was on the whole at 38. 6d. Pimento, in one instance, dull through the month of June, on the realised 9fd. but this was an exception, 25th of which month there was a sale at the the nearest price being 8fd. From that India house, of which the following are the time (the middle of October) very little particulars ;-—Surat, 2732 bales, 69 good, alteration took place, in consequence of the 6fd. ; 873, fair and good fair, 5%d. to 6ldi East India Company's sale declared for the 1530, ordinary to middling, 5gd. to 5d. ; 9th of this month, of which the following 260, damaged, 24d. to 5şd.; Bengal, are the particulars : Saltpetre, Company's, 1761 bales, 1750, fair, 54d. ; middling, 21s. 6d. to 228.; ditto licensed, 218. to 54d. to 5 d. ; 11, damaged, 4 d. to 5d. ; 238. ; pepper, black, licensed, 54d. to 5d. Madras, 38, fair, 64d. to 630.; Bourbon, chiefly at the latter price; a few 4fd.; cin215, fine and crapley, 104d. to 10fd. ; namon, Ist, 6s. 7d. to 6s. 10d ; ditto 2d, fleecy bright, 94d. to 10d. ; ordinary and 58. 73. to 58. 8d. ; ditto 3d, 4s. 7d.; ditto middling, 74d. to 9jd. ;—Total 4646 bales. 4th, 28. 4d. to 25. 9d.; mace, 4s. 7d.;
The fair and good fair Surats were prin- nutmegs, 3s. ld. to 38. 6d. ; cloves, 28. 2d. cipally disposed of for home consumption to 3s. at the late currency; but those of ordinary Indigo. In our last general report, we and middling quality were all bought in stated the improvement in the prices of this for account of the proprietors. The Ben. article, which still continued, so that on the gals, which belonged to the Company, and second of July, in two public auctions, 50 were taxed at 5d. per lb., sold with spirit, scrons of Guatimala were sold for 7s, 6d.
to 11s. 73. per lb. chiefly from Os. to 10s.; September shipments, 34s. 9d. We do 62 scrons of Caracas, from 9s. Ild. to not find any improvement noticed till the 138. chiefly from 10s. to lls. At the middle of October, which, however, was Company's sale on the 13th of July, the again checked by accounts of large pur. prices were 4d. 6d. and, in some instances, chases made in St. Petersburg, reported to oven 9d. per lb. above the prices of the pre- be for this market. The prices have since ceding sale. The prices of the sale were rather declined than otherwise, but this has Sully maintained, though the demand was had the effect of improving the demand. rather more languid at the end of August. The latest prices will be found in our usual On Tuesday, October 19, there was a sale monthly report. Hemp at the end of June of 5000 chests at the India House, and as was at 351. 128. 6d. for August and Septhere were only 10,000 chests in the ware- tember shipments, and at the end of July kouses, and but 4000 expected, till this 2s. 6d. higher; and in the middle of Auš year's crop can come to market, it was an- gust it was at 361. 10s. It declined afterticipated that the prices, particularly forwards to 361. 58. but it recovered, and at the good and fine would be fully main- the end of October, St. Petersburgh clean tained, which was justified by the event, hemp was at 377. 10% and is now about for the shipping qualities sold from 6d. to 371. 58.-In Flax there has been very little }s. per lb. and the consuming from 9d. to variation. At the end of September, old 1s. 3d. per lb. higher tlaan last sale. Madras St. Petersburgh twelve head flax was at Indigo, none fine ; the good middling went 451. For some time very little was done, about Gdl. per lb. higher, and the ordinary there being hardly any flax at market. about 6d. per lb. lower. Oude Indigo sold The prices of the newly arrived St. Peterse nearly the same as the July sale, excepting burgh twelve head is from 45l. to 501. the very low and bad, which were chiefly Num, Brandy, and Hollands.-At the bought in at somewhat reduced prices. The end of June and beginning of July, the proprietors took in about 1000 chests of the purchases for home consumption were very Dade, and a small proportion of the ship inconsiderable, but large quantities of old ping sorts of Indigo.
rum were taken for exportation ; but as the The Company had 1136 chests, which parcels offering for sale were very considerbeing taxed low, were all sold, with the able, the increased demand had not led to exception of ten chests of ordinary. an augmentation in the prices, which even
The present prices are : fine blue and declined a little when the demand subsided. violet, 13s. to 138. 61. ; fine purple and The accounts respecting the vintage in violet, 12s. to 12s. 9d. ; good ditto, Us. to France having continued unfavourable for 1 ks. 9d. ; fine and good violet and copper, some time, a rise in the prices took place 3ls. to 11s. 6d.; middling, 10s. 6.. to here at the beginning of August, but not 11s. ; fine and good copper, J0s. 3d. to equal to the augmentation in France itself. 13s. ; fine Oude squares, 8s. to 98. 9d.; The holders, however, were more firm, and good middling and middling ditto, 5s. to were not disposed to sell for arrival. For 78. Gd.; low and bad, 3s. to 4s.; con. some weeks but little was done in the mar. saming qualities, 9s. to Ils.; Madras good ket; rum continued firm, but the buyers middling, 98. to 10$. ; ditto middling and held back ; and in the second week of Sep
; ordinary, 5s, to 8. 6d.
tember an extensive failure caused an en: Hemp, Flax, and Tallow...During the tire suspension of business for some days; months of June and July, the tallow mar. other failures followed, which so much deket was in a depressed state, and the de pressed the trade, that even the unfavourmand very limited, though rather improved able news of the vintage in France did not at the end of July, when the prices were raise the prices of brandy here as would As follows: new yellow candle tallow, otherwise have been the case. At the be345. 6d. ; old 33s. 6d. Tallow for August ginning of October, however, brandy housed and September shipments, 36s. ; free on could with difficulty be purchased at 2s. 7d. board, 298. to 20s. 10d. ; at these prices it and the good and fine qualities of rum, of semained steady, and even improved in which the supply was deficient, maintained eonsequence of the apprehensions that the their price, while the inferior were exceedGreenland fishery would prove unfavour- ingly heavy and low. The demand for the abłe. At the end of August the demand low Leewards however revired, and that here having slackened, and the prices at for the finer descriptions of Jamaica for St. Petersburgh fallen, a reduction of 6d. home consumption was considerable. In to Is. per cwt. took place here, nor did the the first week of November, 1200 puncheons news of an advance at St. Petersburgh, were sold, chiefy strong Jamaica for home received towards the middle of September, consumption. The produce of the vintage produce any favourable effect here; the in France will only be one-third of last market continuing to decline to the end of year ; but though this fact is now ascerthat month, when the prices were: yellow iained, it has had but little effect on the candle tallow of 1823, 31s. to 348. 3d.; prices of brandy; the market is, however, THEW, 31s. Od. to 31s. 9d.; for August and firm, and on the oth instant, parcels hoosud
could not be had under 2s. 98. In Geneva, was again at 237. It did not exceed that few purchases have been reported, nor have price above #, or fall below 237 till the there been any fluctuations worth noticing ; 19th, when it was 236, 237. It did not the prices have, however, gradually ad afterwards reach 237, but with a tendency vanced from Is. 7d. to ls. Ud. but at pre- to decline, fluctuated between 236% and sent there is none in the market.
235, till it closed, September 3d, at 235, Tea.–At the India sale in the beginning 4* ; and no price is quoted till October 12th, of June the prices were rather lower than when it was at 237, ex div. On the 13th, at the preceding sale; but in about a 233, ex div.' From that time to Novemmonth afterwards, some kinds bore a pre- ber 3d, it fluctuated, not rising above 2344, mium, especially Pekoes, which were in or falling below 233. The Oth and 8th it great request, at an advance of 2d. per lb. was at 232, 14, 1, 2; then to the 21, béAt the September sale, Boheas and Congous tween 2344, 2334 ; then on the 10th, 2315 sold rather higher, and Twankays rather 2, which is the price on the 16th, 231 cheaper. No alteration worth notice has having been the lowest. since occurred,
THREE PER CENT. CONSOLS, June Oils.The uncertainty respecting the 1st, 33}, shut from 28 to July 6th, when produce of the fishery naturally prevented they opened at 93£; they have since been any very considerable fluctuations. The very steady, without any great fluctuations : prices at the beginning of July were for the 16th, 934; 20th, 923; 24th, 91}, Greenland, 211. 108., and Sperm 371. The which was the lowest, the price being genumber of vessels sent out has diminished nerally above 92, not rising till August of late years, being in 1822, 121 vessels; 5th to 93}; the 7th, 94, 931. They 1823, 115; 1824, 111. The first ac- continued above 93, and on September 4th counts of the Greenland fishery were re- reached 94. They did not again fall below ceived on the 26th, from Altona; they 93}; reached 95 on the 20th ; 95d, the were unfavourable, but were not credited, 27; and continuing above 95 till October and had little effect. Subsequent accounts, 13th, when they were at 964. They have however, were not favourable, but then the since been generally above 96, declining season for fishing was not over ; Greenland only occasionally to 95 and a fraction; are oil, therefore, was still at 221. and accounts now, November 16th, 95%. were anxiously expected of the fishery in FOUR PER CENTS. OF 1822.June 1st, Davis' Straits, to which the greatest num- 107}; shut till July 6th, 106; 17th, ber of vessels was sent. No accounts 1053; 21st, 105; above which they res were received till an unusually late period, mained, once or twice reaching 106, till so that it was feared the vessels had gol August 7th, 106. Through the whole of inclosed in the ice. The accounts, how. August and September they seldom fell ever, by the first vessels in the first week of below 106; but it was not till October 8th October being unfavourable, considerable that they rose to 107 ; the 13th 108, at a speculations were made, and Greenland oil fraction above or below which, they have rose to 25l. and by the third week in Octo- since been, and are now, November 16th, ber to 271. 10s. and by the latter end of the 108}. month some holders even asked 301. But FOREIGN FUXD8.-The fluctuations in the ships from Davis' Straits having, con- these Funds have not been so ruinous and trary to the previous reports, arrived in sudden as in former periods. The Colongeneral well fished, the prices have since bian 6 per Cent. Bonds, which were at 80 declined, and Greenland has fallen to 241. on the 1st of Junc, are now 82). The the market being dull at that price. highest price was, June 15th, 86 ; and the
lowest, September 14th, 744. The Chili
6 per Cent. Bonds at 79 on the 8th of THE FUNDS.
and now, November 16th, 773;
have not been above 79+ (10th August and View of the Fluctuations of the principal 20 November) nor below 72! (27th July). Stocks, viz. Bank; 3 per Cent. Consols ; Mexican, at 524 the 27th July, is now and 4 per Cent. of 1622.
665; the lowest price was, August 20th, BANK STOCK. ~ June 28th, 238.- 414; the highest, November 2d, 674. We July 2d, 2373; 6th, 237; fluctuating have now also a Greek loan, which has about è per cent. above or below 237 (reach- varied much, being on July 20th at 18 ing however 238 on the 12th) till the 16th, discount; and the 9th November, 44 diswhen it was at 235$. It did not again rise count. A Buenos Ayres loan, having been above 236 till the 28th, when it was at at a small premium, and afterwards at 4. 2364, and on the 29th, 2375; but it fell per cent. discount, is now at par, inmediately to 236, and on August 10th