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Leader (1850-1860), 30th October 1858, Edition 1 of 2, Page 1171, Untitled Article

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      ¦ THE SHIPPING TRADE OF GREAT BRITAIN . We extract the following statistics from an able leading article in the Daily News : — For the first time since 1850 the rapid increase of our trade has been retarded . The value of the imports in the first eight months of the year is less ¦ y 14 , 600 , 000 / . than in the eight months of 1857 j and the value of the exports in nine months of J 858 is 9 , 400 , 000 / . less than in the nine months of 1857 . The shipping entered inwards shows a slight increase , the shipping entered outwards a slight decrease . In British shipping , both inwards and ou'twards , there is a decrease , though , as the return excludes transports with Government stores , it does not inform us of the total employmeut of shipping . The number and tonnage of steam and sailing-vessels built and registered in the United Kingdom were , in the seven years prior to 1850 : — Years . Vessels . Tonnage . 1843 698 83 , 097 1844 689 . 94 , 995 1845 853 ............ 123 , 230 _ 1846 8 O 9 125 , 350 1847 936 145 , 834 1848 847 122 , 552 1 , 849 730 117 , 953 Total 5562 813 , 011 Y earl y average 794 ; 116 , 147 The number and tonnage of the steam and sailing ships that were built and registered in the seven years subsequent to 1850 , were : — Years . Vessels . Tonnage . 1851 - . 672 149 , 637 1852 7 1 2 16 7 , 491 1853 7 98 203 , 171 1854 802 196 , 942 1855 1098 323 , 200 1856 1150 244 , 578 1 8 6 7 12 7 8 250 , 472 Total 6510 1 , 535 , 491 Yearly average 930 219 , 356 Another return , also to be found in the Statistical Abstract , enables us to make a comparison between the shipping cleared outwards and inwards in the three years immediately preceding 1850 , and in the last three years . The total tonnage of vessels cleared imv :... aa and outwards was as follows : — Years . Tonnage . Years . Tonnage . 1847 ... 14 , 279 , 196 1855 ... 18 , 489 , 470 1848 ... 13 , 306 , 626 1856 ... 21 , 589 , 049 1849 ... 14 , 004 , 388 1857 ... 23 , 178 , 792 Total 41 , 590 , 210 68 , 257 , 311 Yearly average 13 , 863 , 403 21 , 035 , 770 The shipping of the United States , -which is more than double that of any other State in our foreign trade , was in 1849 only 1 , 196 , 310 tons compared to our 9 , 669 , 638 tons . In 1857 the United States tonnage in our trade had increased to 2 , 010 , 398 ; but though our tonnage had not increased in like proportion , it was at that period 13 , 694 , 107 tons , or upwards , or five times as groat as the tonnage of tho United States engaged in our trade . Tho tonnage of some other States engaged in our trade was , in 1849 and 1857 , as follows : — 18-19 . 1807 . Tons . Tons . Franco 802 , 604 808 , 897 Denmark 278 , 084 600 , 872 Other Gorman States . 248 , 679 810 , 064 : Prussia i .. 210 , 277 07 M ?*? Norway 240 , 010 . ; .... • jMMJJ Holland 177 , 999 480 , 017 liusaia Ii 3 , 7 il OJJJJ } Sweden 08 . 8 * 8 282 , 003 Tho increase Is distributed amongst thorn all oxoop tBwwto , too flUippiuff of which Uafl accreaaoU .

      Untitled Article

      so nearly balanced that very little variation in price ha take n p lace in any position ; the deliveries on contract have been cleared off by the trade , and it is difficult t < find tallow for sale on the spot . The consumers generally a r e still out of stock , a n d as i t is co n fident l y s ta t ed tha t t he imp o rt of palm oil w il l b e sho rt , the defici to a certain extent must be supplied by tallow . Oui m a rke t leaves off quiet at 49 s . 9 d . ; 49 s . 6 d . spot ; 49 s . 6 d . t he y e ar ; 49 s . 9 d . to 60 s . Jan ., March j 50 s . 6 d . March alone . . The public sales to-day were oi little consequence . The late letters from St . Petersburg state about 8000 cks . done , 160 J to 161 on the spot , and 164 for August , 1859 . Shipment , 39 , 640 cks ., 185 5 ; 101 , 665 eks ., 18 5 6 ; 9 0 , 470 cks ., 1857 ; 92 , 678 cks ., 1858 . The telegram of yesterday states the shipment 100 , 000 cks ., and 25 , 000 cks . on the wharf , price 157 ; weather mild . Town tallow , 53 s . 6 d . ; rough fat , 2 s . 9 f d . ; melted stuff , 37 s .

      Stock . — -The trade in live stock has been decidedly better , with about an average supply of beef ; full prices to a small advance have been obtained . The number of sheep at market has been mueh smaller than of late , and the demand being good an advance of 2 d . per stone has been realised . Veal is also dearer , and pork made rather higher prices on Thursday . The following were the numbers at market and the quotations : — Monday . Beast . Sheep . Calves . Pigs . . 5 , 203 ' 19 , 800 117 430 4 s . Od . to 4 s . lOd . 4 s . 0 d . to 5 s . 0 d . 4 s . M ; to 5 s . 0 d . 3 s . 4 d . to 4 s . 0 d .

      LONDON AVERAGES . Qrs . 8 . d . Wheat . 4663 at 45 2 Barley 2586 „ 37 1 1 . , Sate ...... ' : ' 2541 „ 25 ^ 8 Be ^ v ::::: ; ::::::: "" ¦ " ?» ' » ' «¦ ¦; . : Peas 88 „ 54 6 week ' s abrivam . \ English . Irish . Foreign . Wheat qrs . 1230 — 8220 Barley . „ 1790 — 644 ° SS - : ;; * 5 K i 7 oo 37 ^ Flour , ............ sacks 1580 , 1060 Ditto ...,, i ......... brls . — Seeds . —The week ' a rriv a ls o f lins e ed are 2400 qrs . B lack S ea , 1580 St . Petersburg , 780 Archangel . Prices are again easier . Bombay , 55 s . to 56 s . ; C alcutta , 51 s . to 53 a . The Archangel goes to granary . Black Sea for arrival offers at 52 sM and Calcutta at 5 Is ., cost , freight , and insura n c e , including bags . The gross importation over the kingdom , for the first nine months of this year , has been under the average of the two preceding years , whilst the exports have been unusually large , which would have told upon the market but for the heavy stocks with which the present year commenced . Eapeseed are inactive , but not altered in price . Calcutta , 55 s . to 56 s . ; fine Bombay , 63 s . to 63 s . 6 d . ; inferior to good , 47 s . to 57 s . per qr . Oil-cakes continue dull . Best barrel linseed are worth 10 s . to 15 s ., and bags , 10 / . 7 s . 6 d . ; Western bags , 91 . 7 s . 6 d . ; R ape , 51 . 15 s ., to 61 . 10 s ., according to quality . .

      Thubsday . 1 060 4 , 250 100 ISO is . Od . to 4 s . 10 d-4 s . Od . to 5 s . Od . 4 s . Od . to 5 s . 0 d . 3 s . 4 d . to 4 s . 2 d . Provisions . ^— At Newgate and Leadenhall the supplies of dead meat from the country have been heavy , especially of beef , which is again lower , the extreme r ange of prices being' from 2 s . 2 d . to -Is . Prime Down mutton has made 4 s . 4 d ., but other qualities arc not dearer . Pork was in demand in the early part of the week , and firm , but to-day there is more at market , and 4 s . 4 d . is about the top price . Veal 3 s . 8 d . to 4 s . 4 d ., with a steady demand .

      Sugar . —Floating cargoes have been in some request , but landed parcels have met with few offers . Prices Lave not fluctuated materially , but , except for fine B enar e s , t hey have inclined ill the buyer ' s favour . The statistic a l position of the market is satisfactory , the clearances being well kept up , and the arrivals moderate . The consumption in the kingdom during the last nine months oxceeds that of tho corresponding period last year by 65 , 800 t o n s , whilst the import shows an ex ces s of 44 , 700 tons . The Dutch Trading Company have announced for sale on the 18 th November , at Am sterdam , 2 O . GO 0 baskets of Java sugar against

      10 , 000 , 000 lbs . in the season ' s shipments from China , induced a temporary inquiry in the early part of the w eek , and common Congou changed hands at lid . cash . Subsequently , public sales of 28 , 235 pkgs . were brought fo rw ard , comprising a large proportion " without reserve . " The . sales went very unevenly , gdod qualities w ithou t m uch change , but common grades £ d . per lb . ch e aper ; 11 , 100 p kgs . sold . Spirits . —The market is quiet : small sales of rum are reported at 2 s . Id . to 2 s . 2 d . for Demerara , and Is . 8 d . to Is . lOd . for Leewards . The stock is 31 , 630 pns . against 25 , 872 last year . Rice r e m ains almost e n tirel y out of demand , bdt 2200 bgs . Java sold at hig h p ric e s , fair to fine 11 s . to 14 s . per cwt . . Saltpetre is 2 s . to 2 s . Ga . per cwt . cheaper , 4 % to 2 f per cent , sold at 42 s . 3 d . to 44 s . per ewfc . Spices . — Cinnamon in the quarterly sales sold

      ' ! , ' . i \ \ sieadily ; firsts , Is . 6 d . to Is . 9 d . ; a few lots superior , 2 s . to 2 s . 7 d . ; seconds , Is . 4 d . to Is . 6 d . ; thirds , 9 d . to Is . 4 d . per lb . ; S umatra pe p pe r i s in m o dera t e dema n d at . 4 s . 8 d . ; ginger is still astead y sale ; African , 24 s . duty paid ; Bengal , 16 s . to lGs . 6 d . in bond ; Pimento brings 3 * d . to 3 id . for small quantities ; 100 bgs . Zanzibar cloves brought 3 . £ d . for fine , th e i n ferior qu ali t ies selli ng cheaply at 23 d . to 3 d . per lb . Indigo . —The October sales which commenced on the 12 th were concluded on the 26 th . The total declared was 14 , 237 chts . in the A , and 1606 chts . in the B catalogue , making 15 , 843 chts . in all , and comprising 9780 chts . in Bengal Tirhoot , &c . ; 1578 Madras ; 1023 Kurpah ; and sundry lots , Manilla , Oude Figs , &c . Prior to the announcement of the present sales , fine Bengal indigo had attained a rise of 3 d to 6 d . per lb . on

      \ the July rates , the market having been influenced by a demand for export , and by unfavourable crop reports . The large quantity of this description broughtj forward on the present occasion led to a considerable reaction , and the sales opened at a reduction of 2 d . to 4 d ., the depression increasing up to the close , when it reached 3 d . to 9 d . as compared with the previous auctions , a fall of 6 d . to Is . 3 d . from the highest point of the market , Kurpahs being scarce , sustained an advance of 3 d . to 4 d . Dry leaf Madras , from the same cause * brought from the July rates to 3 d . advance . The total put up was 14 , 843 chts ., of which 5996 chts . were withdrawn , 3 1 21 bought in , and ( J 726 sold . Public sales of 2334 sras . lt > 3 cs . Guatemala went heavily , about two-thirds delivery , at a decline of 2 d . to 3 d . on the better qualities , but inferior kinds were unaltered ; ordinary cortes to line sobres , 2 s . lOd . to 6 sJ 8 d .

      ¦ Cochineal .- —Of increased supplies brought on offer onl y a small portion found buyers , at a partial decline of Id . to 2 d . per lb . Saffloweb . —225 bis . W . X . G . mark , sold at 7 / . 5 s . to 9 V . 7 s . 6 d . ; being 10 s . dearer . ; Lac Dye . —263 chests—were chiefly bought in P . N . O . and B . Mirzapore at Is . 8 d . to Is . 8 id ; inferior brands , 6 jd . to 7 d . Shellac is 2 s . to 4 s . cheaper ; Mid garnets sold 72 s . to 72 s . 6 d . ; native orange , 66 s . 6 d . to 67 s . 6 d . ; European do ., 72 s . Od . to 73 s . 6 d . ; red do ., 71 s . 6 d . per cwt . Cotton . —The week ' s business at Liverpool is only 32 , 710 bales , and prices are i lowci' for fair Orleans , and 3 ^ 16 for Mobile and Upland . In London the sales are 1000 bales , at a i decline ; Surat , 5 jd . to 6 jd .

      Potatoes , —With average supplies of home produce a n d a m ode r ate trade quotatio ns a re st ead y . Regents York , 75 s . to 78 s . ; Kent and Essex , 75 s . to 80 s . ; Shaws , 55 s . to 75 a . ; middlings , -10 s . to 60 s . ; French , GOs . to 70 s . per ton . llEMr .-r-SmaH , transactions are recorded at 16 / . 5 s . 16 / . 10 s . for ord . to 22 / . 10 s . to 22 / . 17 s . 6 d . for good . Jute is again 10 s . per ton lower , but in better domand at tho decline . Of 4000 bales offered , 8000 sold at 16 / . 15 s . for common , to 19 / . 10 s . for good . Mktals . —Foreign haa been further advanced to 121 / . 103 . to 122 / . for Banca , and to 119 / . 10 a . to 120 / . for Straits , but tho domand ia checked . Sales of spelter havo been made at 22 / . 15 s . Scotch pig iron , although dull of sale , haa been steady in price at 54 s . to 04 a . Od . Copper firm . Load unaltered in value .

      11 , 000 baskets last year , and 22 , 120 in 1850 . West India . —Tho week ' s business comprises 1778 hds . Barbadoes , fine brown to good grocery , 38 s . Ud . to 46 s . 6 d . ; crystallised Demerara , 45 a . to 47 a . 6 d . per cwt , Mauritius , —12 , 000 bga . sold , at 31 s . to 34 s . for low to mid . brown ; 39 s . to -lls . Ud . for yellow , 48 s . Gd . to 4 J ) s . 6 d . grainy . J 3 enyal . —8654 bga . were in part sold . Good to fine white Benares , new crop , 41 ) 3 . to 62 s . ; extra < 16 s . duty ) , 63 s . Od . to ' 54 a . Od ; Gurpattah date , 41 s . 6 d . to 45 s . ; brown Dumma , 33 s . Ud . to 34 s . per cwt . Madras . —283 bgs . Jaggery brought 32 a . to 38 s . 6 d . per owt . Foreign . —On tho spot tho dealings havo been restricted . 518 hda . 193 brla . Porto Rico

      partly sold at 37 s . to 89 s . Gd . for brown , and 42 s . to 47 s . Gd . for grocery , a portion of superior quality being bold at 48 s . to 48 s . Od ; 787 cks . 10 trs , Cuba Muscovadoe were chiefly bought in at 87 s . to 80 s . for good to fino brown , and 80 b . fid . tp 46 a . for low to fino yellow ; four floating cargooaHavannti , togothor 105 ) 50 bxa ., aold for outports at 27 s . for No . 0 % to 80 a . for No . 14 ; and a cargo of white Bahia for tho Mediterranean at 27 s . 8 d . por cwt . liejlueil . — Purchases aro miulo for immediate requirements only , and quotations aro rather easier . Brown lumps , 02 b . ( 3 d . to 68 s . ; Dutch crushed has boon offoral at ft ( Iodine , salos having boon mado at 8 ds . 4 £ d . to 84 s . 6 jjd . por cwt . Molasses . —A moderate business is doing at 16 s . to 15 s . Gd . per cwt . for middling St . Kitts , and 12 s . Od . for Cuba .

      Oils . —Llusoed is a slow sale at 29 / . 10 s . to 29 / . 16 s . on tho apot , and 30 / , for monthly dolivories up to Juno nost . Knpo inactive ; foreign refined offered at il >/ . to 47 / ., and brown nt 43 / . 10 a . The homo demand for olivo oil ia dull at late ratoa , but thoro haa boon moro doing for export , at -11 / . for Mogadoro oil . Cocoa-nut still ilrinly held . Cochin , 81 )/ . 10 a . to 41 / . ; Ceylon , 38 / . 10 a . I'iuo palm is scarce , and taken readily at 10 / . 10 a . per ton . Fish oils neglected j spurm , « 6 / . ; palo seal , 87 / . ; cod , 85 / . TuttruNTimc . —Tho arrivals of Rough aro 2000 brls , on distiller account . No sales havo taken plaoo . Spirits are easier to buy . English without caaks may bo had at 40 a ., and American , and caaka ' 11 a . to 41 s . Cd . por owt . Whale-fins . —Thoro aro buyers of Davis Straits at 660 / ., with underaized at half price . ' '

      Coi'irBK . — -In tl » o absenco of arrivals tho markets continue bare of supplies , and quotationa-llrni . Stocks are now 4 . 00 tons less than thoao of last year . In auction 100 bgs . good old native Ceylou sold at 48 a , Gd . ; and 28-1 oa . fine Noldoobotum at 84 s . tp 88 a . per owt . Tea . —JMvato tolegrams reporting a deficiency of

      ¦ Tallow , —Although the close of tho season is so near at hand , opluiona In tho boat-informed circles differ materially as to the roault ; a vory largo business lias been done during the week mainly for dollvery in , oll tho year from 40 a . 3 d ,, to 4 i )/* . 7 £ d ., but there wore few or no sollors for spring j and buyers aud sollors havo been

      Untitled Article

      No . 449 . Octobbb 30 , 1858 . ] THE tBIPBB . -1171

  • Citation
    • Leader (1850-1860), Oct. 30, 1858, page 1171, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2266/page/27/