Page:Blackwood's Magazine volume 001.djvu/661

Wheat

1st, 48s. 0d.

2d, 40s. 0d.

3d, 35s. 0d.

Barley.

1st, 39s. 0d.

2d, 34s. 0d.

3d, 31s. 0d.

Oats.

1st, 32s. 0d.

2d, 28s. 0d.

Pease & Beans.

1st, 31s. 0d.

2d, 29s. 0d,.

3d, 27s. 0d.

Average of wheat, £1 : 14 : 7 : 8-12ths per boll.

Wheat.

1st, 45s. 0d.

Barley.

Oats.

Pease.

Beans.

1st, 32s. 0d. 1st, 33s. 0d. 1st, 30s. 0d. 1st, 30s. 0d.

3d, 30s. 0d. 2d, 29s. 0d. 2d, 31s. 0d. 2d, 28s. 0d. 2d, 28s. 0d.

3d 21s. 0d. 3d 27s. 0d. 3d, 29s. 0d. 3d, 26s. 0d. 3d, 26s. O0d.

Average of wheat, £1 : 9 : 9 : 8-12ths.

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.

Colonial Produce.—Sugar.—The demand continues steady, and considerable parcels have been bought by the refiners at an advance of 1s. per cwt. Very brown Jamaicas have been sold at 77s.; good working Sugars, 80s. to 84s.; brown St Vincent's, 75s. The holders continue sanguine in their hopes of obtaining still higher prices.—On the 9th current, it having been found that the reports circulated respecting large expected imports of Muscovadoes were erroneous, and the extensive purchasers being acquainted that the stocks were 18,000 casks less than at the same period last year, with an evident increasing demand both for export and home consumption, in a short time all on sale were disposed of at an advance of 2s. to 3s.—the lowest browns, approaching to dabs, selling at 73s. to 79s. The amount of sales of the day were estimated at 5000 casks. A great proportion of the Muscovadoes now in London is held by speculators.—Refined Goods continue in very considerable request. Loaves of every description are scarce and much inquired after, and an advance of 2s. may be stated since our last.—In Foreign Sugars little business has been effected, and prices remain the same.—The aggregate average of Sugar has been taken for the last four months preceding the 5th instant; it is 45s. 10¾d. consequently the import duty remains at 27s. per cwt.——Coffee.—The market was rather languid until lately, when advices were received from Hamburgh of a brisk demand and higher currency. The demand here immediately revived, and every description of good and fine ordinary Jamaica realized an advance of 2s. per cwt.—Middling and good middling without variation.——Cotton.—The demand continues extensive both for home manufacture and exportation. The imports into London, Liverpool, and Glasgow, during last month, were 35,592 bags, being 1627 bags more than during August 1816.——Rum—in limited demand, and prices without variation.——Tea.—An extensive sale is at present going on at the India House;—Boheas, 1d. higher; common and fine Congou, 1d. to 2d. lower; Twankay and Hyson skin, 1d., and Hyson, 3d. to 4d. higher.——Tobacco—in very limited demand. There have been several arrivals, and, as the stock is likely to increase, lower prices are anticipated.

European Produce.—Hemp, Flax, and Tallow.—The demand for Hemp and Flax has lately been very considerable, but without any variation in prices. Tallow not so brisk, and prices have declined 1s. to 2s.——Oils.—The prices of Whale Oil are advancing. There have been considerable importations of Linseed, which are likely to affect the prices of Linseed Oil.——Hops.—The prices have declined considerably, on account of the crop being much better and greater than was anticipated. The duty, which had been laid at £45,000, is now estimated above £95,000.——British Manufactures.—We have much pleasure in still continuing our favourable report of this most important branch of British commerce. From all quarters we have the most flattering accounts of the reviving demand for every species of our manufactures, as also of advancing wages given to workmen. The South American market, which we have hitherto been in the habit of estimating of small importance, it appears, is now become a most interesting débouché. The merchants of Jamaica, in a late memorial to Government for protection against the numerous hordes of pirates which at present infest the Spanish Main, state the amount of sales of British manufactures to the Spanish colonies at a sum much beyond what was conceived in this country; and we may from thence form an estimate of the immense advantages which would be derived by British commerce, if tranquillity and a free trade were restored to that unfortunate country. During the last week Cotton Yarn lias advanced fully 7½ per cent. in Glasgow, and very considerable sales have been effected. The quantity of Cotton spun this year in Scotland is supposed to be one-tenth more than in any preceding year.

The Premiums of Insurance at Lloyd's are advancing, on account of the season of the year. From Jamaica 8 guineas, to return 4 per cent. for sailing before 1st August, or after 12th January; from the Leeward Islands, 5 guineas, return 50s.; and 4 guineas, return 40s. To and from the Baltic the rates are also advancing rapidly.