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COMMERCIAL REPORT.-11th March 1819.
Sugar. The Sugar market has been heavy, and the prices rather on the decline. Some large holders, however, seem not inclined to sell at the present prices, and an advance is therefore looked forward to. Considering the quantity on hand, it is difficult to say what is the cause of the unusual dulness in the market for this article ; but the most probable is, the great pressure in mercantile concerns in general, which has thrown a gloom over commercial affairs, and therefore keeps buyers out of the market for any thing except for immediate want. In the Refined market there has been a considerable request for good brown lumps. The inquiry for Foreign Sugars continue, but few actual sales have been effected. Molasses may be purchased cheaper.Cotton. The market for this article may still be stated as exceedingly dull, and prices considerably on the decline. The want of money has occasioned some sales to have been made at low rates ; but from the quantity on hand, the quantity coming to market, and the prices in America, it is probable that Cotton will yet decline in price, though not in such proportion as it has for some time done. The quantity imported, during the two first months of the present year, is 73,919 bales and packages being 7,386 bales and packages more than during the corresponding period of last year. Unless some check is put to the importation of this article, prices must decline, so long as the supply continues so greatly to exceed the demand. This demand is no doubt increasing, and all the branches of Cotton manufactures are in full activity.Coffee. There are several inquiries for Coffee by private contract, and in this article there is every appearance of an improving market. St Domingo, Brazil, and Ja. maica, have chiefly been inquired after. East India has also been in request.Tobacco. The late fall in this article has brought a considerable number of foreign orders. In consequence of this, Kentucky's have risen about £d. per lib. However, we cannot well expect any material improvement in the market, from Continental orders, as it is reported that very considerable stocks of Porto Rico are on hand.Corn. The Grain market may be stated as dull, and the prices on the decline. The Provision market is very dull, and Pork may be purchased cheaper. Mediterranean produce continues very dull. Brandy has declined greatly in price, and may now be supposed as having seen the lowest. Geneva is without any material alteration. Although there has been no large sales of Rum, yet the inquiries have materially increased, and the market appears improving.-Wine is rather on the advance, particularly Port and Madeira. In none of the other articles of merchandise, usually enumerated, are there any alteration or movement worth noticing.
Since our last Report, and as we thercin anticipated, a general gloom and want of confidence has overspread the commercial world. The pressure upon some branches of our trade has been very great, proceeding from the causes we there detailed. That pressure continues, and will yet continue for a short time. We are mistaken if it lasts long, and are also convinced that the greatest danger is over, as there is every prospect of permanent tranquillity among the nations of Europe. In an extended trade like ours, difficulties must at times arise ; but these are but of short duration, and though injurious to individuals, yet seldom fail to open up new and safer channels for national industry. The public funds, which have considerably declined in consequerce of the alarm, are beginning to recover, and there can be little doubt but they will steadily advance to a high price. From all we can perceive, the sum for the service of the year is provided for without loans, or touching the sinking fund. Last year, leaving untouched that fund, the deficiency of the revenue to the expenditure was £12,000,000. The surplus revenue, and improvement in it, was nearly equal to four millions. The expenditure, we learn, was lessened two millions. These, taken together, make six millions. The Chancellor of the Exchequer states his intention to be, to take six millions from the seven millions of unclaimed divi. dends remaining in the Bank. This will give him, when joined to the saving and additional revenue, £12,000,000_a sum equal to last year's deficiency, even should this sum not be increased by a farther improvement in the revenue, and a still farther diminution of the national expenditure; wirich, however, to a certain degree, may be confidently anticipated.
Much unnecessary alarm and trouble is occasioned by the subject of the resumption of cash payments. If it is supposed that the immense trade of this country must and can only be carried on by a circulating medium of gold and silver, the mistake will soon be discovered, and the delusion vanish. No circulating medium we could procure of this kind wouli enable us to carry on one half the trade we now do. The fact is, gold and silver are in themselves purely mercantile commodities. They have their value like every other article of trade, and will continue to have it in every commercial country, in proportion to other articles of trade and industry. The circulating medium best adapted for any commercial country, is that which can be conveyed or transmitted from place to place at the least possible expense, and with the greatest safety and facility. Our present circulating medium is that currency. It is the property, skill, honour, and industry of a great people, all called forth and put in activity, and which has more value and more stabiity than either gold or silver, and which will always command and control these precious me. tals.
As the trade and navigation of this country ae intimately connected, so any improvement in the latter is of the utmost importance to the former. On this account, we announce, with satisfaction and confidence, an invention which we believe will prove one of the most important ever brought to light for navigation. This is a new mode of impelling vessels by steam, and which is equally applicable to vessels of every size and every descrip tion. A patent has, we understand, been obtained for it, and the discovery will soon be submitted to the world. We have seen the principle; and its extreme simplicity, we are satisfied, must ensure success. It will embrace the three great objects-despatch, certainty, and security ; and last, and not least, greatly lessening all expenses connected with navigation. Impelled by it, vessels of any description may with perfect safety and security visit any country, every port, and traverse every sea. Stórms cannot retard, nor contrary winds detain them; nor can the machinery sustain any injury but what may be easily repaired, and in a short period, unless the ship is dashed to pieces. As the vessel is increased in tonage, so will the proportionate impelling power act with greater effect. It will carry vessels along a canal without the slightest injury to its banks. It will not only impel a ship with any necessary speed, but will also, at the same time, pump her to an extent scarcely credible, should extended power be necessary :-it will also ventilate her, clear ber of bad air, and supply her with good ; but, with a trifling expense, afford the crew fresh water and dry their clothes. A machinery of a curious construction may be attached to any vessel, so as to deepen either rivers or canals with an extraordinary facility and effect. No part of the power employed for propelling the vessel will be lost. Every particle tells, and with the greatest effect. In estimating the power, we confine ourselves within mode rate bounds when we state, that a loaded merchantman of the first class, may, in fifteen days from the Clyde, reach any of the Leeward Islands, and at an expense not exceeding £20 for fuel, if so much. The principle is so safe and so powerful, that unless a ship is run ashore designedly, or from accidents such as no human foresight could avert er provide against, such fatal and destructive, and so frequent events, can no longer take place. She can be borne off in the face of any current, swell
, or tempest; and, by a simple and ingenious contrivance, the vessel may be turned in a moment in any direction, at whatever speed she may be going. We have never seen an invention so simple, and which map, at the same time, be rendered of such extensive utility. And unless fluids become soids, steam ice-unless
“ The scales are false and algebra lie," the principle must succeed, and to an extent, we believe, beyond the most sanguine hopes of the discoverer of it. The machinery may also be worked by wind or animal strength.
Course of Exchange, March 5.-Amsterdam, 11:6:2 U. Antwerp, 11:8. Ex. Hamburgh, 34 : 24 V. Frankfort, 1404 Ex. Paris, 24 : 2 1. Bourdeaux, 24. Madrid, 305 effect. Cadiz, 30 effect. Gibraltar, 34. Leghorn, 514. Genoa, 474: Malta, 50. Naples, 414. Palermo, 123 per oz. Oporto, 58. Rio Janeiro, 64. Dublin, 10%. Cork, 101. Agio of the Bank of Holland, 2.
Prices of Gold and Silver, per 02.- Portugal gold, in coin, £0:0:0. Foreign gold, in bars, £4:1:6. New doubloons, £4:2:0. New dollars, 6s. 6d. Silver, in bars, 53. 6d.
140 Ib. 92
PRICES CURRENT,Jan 30.London, March 5, 1819.
DUTIES. B. P. Dry Brown, cwt. 76 to
74 to 78
75 73 to 75 Mid. good, and fine mid. 80
£1 10 0 Fine and very tine,
88 "A Refined, Doub. Loaves, 150 160
130 151 Powder ditto, 119 126
117 Single ditto,
117 122 116
116 Small Lumps
111 116 110
124 103 105 Large ditto,
107 111 10.5
103 106 114 100 102 Crushed Lumps,
73 MOLASSES, British, cwt. 36
0 7 61 COFFEE, Jamaica • cwt. Ord good, and fine ord. 120 132 118 150
140 Mid. good, and fine mid. 133 117 131 145
150 Dutch, Triage and very ord. 116 120
100 136 Ord. good, and fine ord. 122 135 120 133
0 0 73 Mid. good, and fine mid. 136 141 134
150 St Do ningo,
126 " PIMENTO (in Bond)
0 0 9 SPIRITS, Jam. Rum, 16 0. P. gall. 3s 10d 4s 0d 38 8d 7s 10d 3s 10d 4s 4d 38 4d 58 0d
0 8 13 Brandy, 5 6 6 0
5 6 / B.S. 0 17
0.42 Geneva, 3 6 3 8
3 6 (F.S. } 0 17 11:12 Aqua, 7 8 8 0
15 6 WINES,
Į B.S. 2 143 18 0 Claret, Ist Growths, hhd. 60 64
£35 65 0 1F.S. 5148 4 6 Portugal Red, pipe. 48 54
50 58 0 Spanish White, butt. 34
30 65 0
| B.S. 95 11 0 Teneriffe, pipe. 30 35
25 38 0 F.S. 98 16 0 Madeira,
58 65 0
SB.S. 96 13
(F.S.) 99 16 6 LOGWOOD, Jam. ton. £10
7 0 7 16 7 15 8 0 7 15 8 0 Honduras,
8 10 9 0 8 10 9 0 9 10 FUSTIC, Jamaica, 11
8 10 9 10 11 11 120
14 67 ** INDIGO, Caraccas fine, lb. 98 6d 11s 6a 8 6 9 6
93 Od 11 6
0 0 # TIMBEN, A mer. Pine, foot. 2 3 2 6
0 2 Ditto Oak, 5 0
0 5 Christiansand (dut, paid) 2 3 Honduras Mahogany 1 1 8 0 10 1 8 1 2 1 6
3 16 0 St Domingo, ditto 1 2 3 0 1 67 2 0
8 14 2 brl. E TAR, American,
1 16 0 16 6 20
18 019 0 20 PITCH, Foreign, cwt. 10
6 12 6
(F.S. 1 10 TALLOW, Rus. Yel. Cand. 70 71 68
0 3 2 Home Melted,
73 HEMP, Riga Rhine, ton. 52
9 Petersburgh Clean,
(F.S.) 0 10 04 $ FLAX Riga Thies. & Druj. Rak. 78 80
86 0 Dutch, 60 140
90 Irish, 63 68
F.S. 0 0 778 MATS, Archangel, 109./ 90
1 £4 5
(BS, 4 10
F.S. S 1 4 11] BRISTLES,
B.S. 0 3 Petersburgh Firsts, cwt. 15 0 16 0
F.S. S 0 3 115 ASHES, Peters. Pearl, 46
(B.S. 0 44
TFS. 06 Montreal ditto,
1 7 OIL, Whale, tun. 35 36 32
33 40 ('od.
87 p. brl.) 38
3938 TOBACCO, Virgin. fine, Ib. ii
11 11107 0 81 Middling
0 10 Interior,
8 0 41 COTIONS, Bowed Georg.
3 1 5 1
1 Sea Island, fine,
3 0 3 4 2
2 8 1
7 9 1
1 9 1 4 1 8 F.S. West India,
1941 1 8
8 1 9 Maranham,
50c.f. ton. per 12 brls.
ALPHABETICAL LIST OF ENGLISH BANKRUPTCIES, announced between the 20th of
January, and the 20th of February, 1819, extracted from the London Gazettes.
Brown, W. St John's-stree, cheevemonger Adams', S. and J. J. Wattleworth, Walsall, Staf. Bacon, R. jun, Harl way, Hertfordshire, and Al for shire, saddlers
dersgate-street, miller Blyth,., Huli, eorn-merchant
Bum, W. Exeter, draper Bur. oughes, J. Great Hermitage-street, spirit-mer. Birch, W. Great Queen-street chant
Batt, E. J. Backshell, and A. W. Batt, Whitney
Boniface, Charles, jun. Chichester, mealman Mottram, C. Winchester-street, merchant
Morgan, W. and w. Matthews, Newport, Mon-
Matthews, E. College-hill, merchant Campbell, P. Mary-le-bonne-street, Golden-square, Mather, J. Manchester, joiner wine-merchant
Medlain, J. Huddersfield, grocer Cullimore, T. Wickwar, Gloucestershire, maltster Martin, 'w. Leadenhall-market, cheesernonger Crosse, A. Ellesmere, Shiopshire, grocer
Mitchell, Thomas, late of Cowick, York, linenCawood, D. Newton, Yorkshire, merchant
draper Cobbet, W. jun. Mark-lane, corn-merchant
Naylor, M. and G. Darlington, leather-dressers Cox, John and Joshua Morgan, wholesale glovers, Oliver, J. and N. Gibts, Ingraham, jun. Brand London
street, and Plymouth, merchants Cregston, William, Kingston-upon-Hull, merchant Opton, G. Queen-stre oil and colour merchant Cushon, Thomas, minories, London, hat-manu- O'Hara, M. Hertfordshire, innkeeper facturer
Pickman, J. Deptford, maltster Churcher, J. Pristol, hair-preparer
Powell, G. Little Trinity-lane, Queenhithe, baker Cousins, J. Chalton-street, Somers-town, cheese- Potts, R. Holborn, haberdasher monger
Pitcher, J. Upper Thames-street, carpenter Dod wörth, W', ship-carpenter
Penny, G. and R. Thompson, Mincing. lane, brokers Davics, M. J. Maidstone, dealer
Powell, Philip, Knightsbridge, Middlesex, broker Feral, J. Birmingham, printer
Parker, James, Axbridge, Somerset, modey->T Foulerton, J. Upper Bedford-place, merchant
vener Fricker, G. jun. Stoke Newington, merchant Peake, S. jun., and J. Ruth well, Lancaster, calicoFish, T. Dorsctshire, victualler
printers Fielding, Jannes, Budge-row, London, auctioneer Paul, J. Circus-minories, merchant French, William, Heaten Morris, cotton-manufac- Rothwell, J. Mortfield, Lancashire, whister turer
Robertson, E. Manchester, cotton-spinner Fairclough, R. Tavington, Lancaster, tanner Randall, J. Pancras-street, Tottenham-court-roed, Gilchrist, G. and J. M. Liverpool, merchants
auctioneer Gale, J. Paternoster-row, stationers
Ratheld, J. Edward-street, Cavendish-square, dealer Greathead, T. and W. Outhwaite, Lamb-street, Reed, T. and J. Middlemas, Newcastle upon Tyne, Middlesex
merchants Gray, G. Hammersmith, carpenter
Ross, J. Castle-inn, Woodford, Essex, victualler Hornby, J. Liverpool, merchant
Smyth, E. St Martin's-court, St Martin's-lane, shoe Hattersley, M. Bilton with Harrogate, hotel-keeper maker Healey, R. Lancaster, woollen-manufacturer Sayer, E. Bath, tailor Hudson, W. Upper Thames-street, earthenware- Stanstield, J. Manchester, merchant man
Still, J. South Island-place, Brixton, merchart Hopper, C. Little Trinity-lane, lace-dcaler
Starbuck, R. Milton, Kent, boot and shoe-maker Hightield, G. B. and < '. Liverpool, merchant Shotter, Francis, Steyning, Sussex, auctioneer Harris, George, Birmingham, and Jas. Edinonds, Smith, Robert, Osford, linen-draper Asten, near Birminghin, japanners
Stewart, R. Liverpool, merchant Hop , Thomas, Blakcloy, Manchester, bleacher Simpson, R. Kull, Bank-buildings, merchant Homer, J. and Sons, Brockbottom, Lancaster, li- Saver, W. Bristol, com-factor non-manufacturers
Stanley, B. Woolwich, miller Hatton, J. Warrington, Lancaster, butcher
Towsey, J. jun. Blandford-forum, stone-mason Heaford, J. Stepney, dealer
Taylor, R. Witney, mealman Jackson, c. Upper Thames-street, sugar factor Towsey, J. jun. and S. Lloyd, Blandford-forum Johnson, J. Commercial-road, merchant
Thompson, T. Kirkham, Lancashire, tande Kidd, J. Castle-coomb, Wilts, butcher
Tricker, C. jun. Stoke Newington, merchant Levy, L. Great Prescot-street, merchant
Thick, J. Islington, broker Lloyd, J. Tibberton, Hereford, farmer
Wilbeam, J. H. Dockhead, distiller Lewis, W. Beak street, Golden-square, woollen- Wilk3, R. Chancery-lane, printer draper
Whates, R. Wapping-street, anchor-sanith Lloyd, w. Shrewsbury, tailor
Wilkinson, H. Liverpool, merchant Longelen, J. Peak-forest, Derbyshire, meal-seller Watson, J. Gravesend, coachmaster Lomas, J. Fetter-lane, tavern-keper
Watkinson, W. Strand, boot and shoe-maker Leigh, S. Strand, bookseller
Wright, F. Budge-row, merchant
Woods, E. R. Kelidon, Essex, shop keeper
ALPHABETICAL List of Scotch BANKRUPTCIES, announced between Ist and ch
February 1819, extracted from the Edinburgh Gazette.
Brown, William, sen, and William Brown, jun.
joint tacksmen of Townend of Craigie, and dealers
in saddlery, Kilmarnock Blair, James, some time of the Island of St Tho
mas, and partner of M'Gouns, Watson, and
afore ait, under the firm of James Blair and Co.
bort Hadiow, James Dale, Archibault Waddel,
William Scott, jun. a partner of that Company
M•Lachlan, Donald and Lachlan, carrying oo
business at Leith, as merchants, under the tira
of D. and L, M.Lachlan
Glasgow; and David M'Farlane and H. S. Ren
Glasgow; and Peter M'Grigor, Alexander MC113-
partners of said Company Paton, Alexander, and Company, manufacturers,
Glasgow, and Alexander Paton, inanufacturer
there, as the individual partner of that Company Petrie, James, jun. merchant, Aberdeen Scott, James, flour-iniller and grain-dealer, Aber
deen Stein, Rovert, and Company, brewers, Canongate,
Edinburgb, and Robert Stein, the sole partner or that Company
Taylor, William, lately residing at Troon, Ayrshire, Hardie, Peter, dyer and wool-carder, late at Dasher, now in Edinburgh
near Kippen ;' by John M.Callum, the trustee Wallace, Robert, grain-dealer at Gateside, near Forbes, William, merchant and shipbuilder, PeterPaisley
head; by William Garnock, writer there Walker and West, merchants, Leith, and William M'Cormick, John, late merchant, Glasgow, now
Walker and William West, the individual part- deceased; by Messrs M'Grigor and Murray, writners of that Company
ers there, 12th March Young, John, and Company, merchants and gene- M'Culloch, Robert, and Company, manufacturers,
ral agents, Edinburgh, and John Young, the sole Paisley, and John Campbell, one of the partgers ; surviving partner of that Company
to be paid on 9th March to creditors who have
lodged claims before 20th February DIVIDENDS.
Sempill and M‘Nab, brewers in Hutchinstoun of Brodie, John, shipowner, Dysart; by Alexander Glasgow, as a Company; and Hamilton, Collins, Spence, merchant, Leith
Seinpill and Peter Mab, the individual partBryce and Aitken, Alexander Bryce, and Alexander ners; by John M'Gavin, accountant, Glasgow,
Bryce and Son, Glasgow; by the trustee, on 220 on 16th March
Pease & Beans. 1st,......26s. Od. 2d, ......
......-8. Od. 3d, .......19s. 6d.
.36s. 6d. 2d, ......-s. Od. 2d,
Average of Wheat, £1 : 16 : 3.
Tuesday, March 2.
Os. 6d. to Os. 8d. Potatoes (28 lb.)
Os, 8d. to 1s. Od. Salt ditto, Pork
Os. 60. to Os. 8d. Ditto, per stone Tallow, per stone Ils. Od. to 15s. Od. Eggs, per dozen
..... 258. Od.
Beans. I st.......38s. Od. 1st,......38s. Od. 1st,......255. Od. 1st,......25s. Od. 1st, 2d, ......35s. Od. 2d, ......38s. Od. | 2d,
...... 22s. Od. | 2d,
....22s. Od.2d.......22s. Od 3d,......32s. Od. | 3d, ......32s. Od. 3d, ......19s. Od. 3d, ......19s. Od. 3d .......19s. Od.
Average of Wheat, £1:15:6: 3-12ths. Note. The boll of wheat, beans, and pease, is about 4 per cent. more than half a quarter,
or 4 Winchester bushels ; that of barley and oats nearly 6 Winchester bushels.
per 70 lbs.
London, Corn Exchange, March 1.
Liverpool, March 1.
8. d. s. d.
8. d. Wheat, Red 56 to 62 Boilers
54 to 56
Pease, for. 53 0 to €0 O Fine
64 to 70 Small Beans 50 to 52 English 11 0 to 11 6 Rice, p.cwt. 0 0 to 00 Superfine 70 to 74 Fine
54 to 56 Scotch 10 6 to 11 6 Flour, English, White • 56 to 64 Tick
46 to 50 Welch ...11 0 to 11 6 p.280/b.fine62 0 to 64 0 Fine 66 to 74 Fine
50 to 53 Irish 11 0 to 11 3-Seconds . 54 0 to 60 ( Superfine 78 to 80 Feed Oats. 22 to 25 Dantzic 11 € to 12 0 Irishp.24016. 51 0 to 53 0 Foreign 56 to 80 Fine
26 to 29 Wismar .. 11 6 to 12 0 Ameri. p. bl. 13 0 to 45 0 Rye
. 44 to
46Poland do 27 to 29 American . 11 0 to 11 6-Sour do.. 33 0 to 37 0 Fine 50 to 51 Fine 30 to 33 Quebec ... 96 to 10 o Clover-seed, p. bush.
White Barley. • 38 to 46 Potato do. 29 to 33 Barley, per 60 libs.
O to Fine
0 to 50 to 54 Fine.
0 34 to 35 English,grind.63 to 6 6 - Red Superfine ... 56 to 58 Flour, p, sack 60 to 65 Malting... 9 0 to 9 6 Oatmeal, per 240 lb. Malt, 65 to 78 Seconds . 55 to 60 Irish
• 6 3 to 6 9 English
38 0 to 42 0 80 to 84 North Country 50 to 55 Scotch 7 0 to 80
... 32 0 to 31 0 Hog Pease 52 to 56 Pollard 20 to 28 Foreign . . ; 0 to 7 4 Irish .... 33 0 to 39 0 Maple 58 to 60 Bran
15 to 17 Malt p.Ogls. 11 6 to 13 3 Butter, Beef, &c.
Rye, foreign 12 to 44 Butter, per ewt. s.
Oats, per 45 lb.
110 to 0 Eng. new · 4 4 to 4
8. Scotch pota. 4 3 to 4 6 Drogheda 102 to Must. Brown, 12 to 21 Hempseed .
4 3 to 4 6 Cork, 3d 88 to 0 -White ...
14 to 24 Linseed, crush. 56 to 65 Common. 4 0 to 4 3-New 2d, . 108 to Tares
17 to New, for Seed 78 to 84 Foreign 4 0 to 4 2 Beef, p. tierce 95 to 100 Turnips ....- to Ryegrass,
. 10 to 40 Welsh...
60 to 65 -New
19 to 20 Clover, Red, . 110 to - Beans, pr qr. -Yellow
Pork, p. brl. 95 to 105 - to - White . . 105 to 100 English . : 60 0 to 63 0 Hams, dry, .
o Carraway ... to Coriander 25 to 30 Irish ... 54 0 to 58 0 Bacon, c'anary :: 110 to - New Trefoil . 60 to - Pease, per quar.
Short middles 70 to 7% New Rapeseed, L16 to £.
Boiling . 54 0 to 60 0 Long
68 to Rapeseed, £46 to £
65 to 70 Irish,