Commercial Chronicle. Extracts from Commercial Letters, received from various parts. AMERICA. Charleston, January 29, 1819. "Upland Cotton which last month declined to 24 a 25 cents, advanced again, contrary to general opinion, aud notwithstanding the scarcity of money, to 26 a 27 cents, and is now at 25 a 26 for first quality. Sea Island 50 a 53: demand slack. Rice 5 to 53. Dollars per 100lb. Business in general in a very languid state." BELGIUM. Antwerp. March 9, 1819. "Yesterday 1600 Bags fine Brazil Coffee were sold, at 14: except this parcel very trifling sales have taken place. Sugar is still on the decline. Cotton unsaleable at 14 to 15 for Bengal. Georgia 33 a 35. Pepper unsaleable. Discount 6 per cent. per annum. RUSSIA. St. Petersburgh, Feb. 11-23, 1819. "Business very dull; the business at the Rostof Fair has been very inconsiderable. Sugar has declined, Common Crushed at 29; on long credit. English Double Loaves of good quality have been sold at 42. Tallow is looking down, Yellow Candle has been sold at 162. Clean Hemp can be bought on contract at 84: money. Exchange 113 a 112. Silver money 3,71. Riga, Feb. 11-23, 1819. "The quantities of all descriptions of Grain actually contracted for, fall very short of those bargained for the same time last year: prices have not however given way so much as might hare been expected. Flax is the only article for which there is any demand at the present moment. STATE OF TRADE. Lloyd's Coffee-House, March 20, 1819. We should be very glad, undoubtedly, to remove every trace of that gloom, which our last Report was but too well adapted to produce in the mind of the reader; but, as yet, we must not indulge ourselves in that pleasure. We then hinted at expected disasters in the mercantile world; and events have corresponded to the hint, with a painful accuracy. Symptoms too decisive to be mistaken, are described by the discerning, which indicate the continuance of commercial uncertainties. Not a few of the most considerable houses have been talked of: which is seldom without some cause, though not always with sufficient cause for what the too easily persuaded take on themselves to anticipate. There is something unspeakably cruel in propagating, and especially, in magnifying unfounded suspicions: those who can delight in it, have paid but little attention to the delicacy of Mercantile credit; or, at least. have but little combined the feelings of humanity with their knowledge of the world. It is nevertheless, true, that some of those houses at which rumour pointed, have come forward boldly, on late occasions; have discounted their own paper, and reduced their out-standing acceptances to a mere nothing;-Some also have paid their share of the loan without hesitation, or in advance: what more conld they do? That this was a pleasant operation, none can suppose; but, when character is in question, nothing is felt as an obstacle. We should be glad, were we able to say,— this example has been generally-universally followed: but it would be inconsistent with our better knowledge. Many, if not most, of these monthly Reports, have stated the price of Exchequer Bills at a considerable premium; the present is under the necessity of announcing that description of public security at a discount It is true, the present bills are those at two-pence per day for the hundred pounds; whereas, those formerly alluded to, were either three-pence per day, or at least two-pence halfpenny. Yet, as these two-penny bills have been at a premium, their decline to a discount, is a strong indication of a pressure for money, somewhere. Exchequer bills were a very convenient vehicle for obtaining some profit on any quantity of cash which a merchant might have in his hands, at the time. They afforded but a very moderate interest; but then, they were always accounted cash; they were convertible into cash, at an hour's notice; and they rested on the national credit as their basis. They were dealt in by all bankers; buying or selling, according to circumstances, and to the amount of cash in their strong chests. The demand for them has decreased; either merchants or bankers, or both, have employment for their spare money in another way; and therefore, this way, is for the moment, declined. The same cause affects the prices of the Funds, generally and though they have stood steadily, for some days past, yet we doubt whether any considerable, or rapid, rise, is speedily to be expected. It will be recollected, that they have not offered legal interest for money invested in them, for a long time past. Bullion is rising in price: New Doubloons are, at present, 41. 2s. per oz. and standard silver is 5s. 6d. per oz. This is not favourable to the interest of trade and commerce; the Bank, however, may observe, with some degree of satisfaction, that it is not the consequence of any enlarged emission of notes. We have not yet seen the intended new form of bank notes, which is to prevent forgery; report, however, continues to maintain its hope perhaps we should rather say-its expectation. The Tea Sale at the India-House has gone off with passable briskness, but on the whole 3d. or 4d. per lb. cheaper. The lower sorts have principally felt the decline; and the quantity of Congou being very considerable, while the demand for it has decreased, the reduction has greatly fallen on this sort of Tea. We shall take this opportunity of registering the prices charged by the wholesale dealers to the trade. Bohea 4s. 8d. to 4s. 10d. Good ditto Congou Kind Leaf, 58. Common Congous, 5s. 7d. to 5s. 8d. *Good Originals, 5s. 10d. to 6s. Very good, 6s. 4d. to 6s. 8d. *Fine Blackish Leaf, 6s. 9d. to 6s. 11d. Fine Strong ditto, 7s. to 7s. 2d. Souchong 7s. 4d. to 7s. 9d. Good ditto, 8s. to 8s. 6d. Fine 9s. Good Caper 7s. 6d. to 8s.—Fine 8s. 6d. *Fine ditto, 6s. to 6s. 2d. Fine Brightish Leaf, do. 6s. 6d. to 6s. 10d. *Hyson Kind, 8s. to. 8s. 6d. Hyson, 9s. to 9s. 6d. Good do. 10s. *Fine ditto, 10s. 3d. to 10s. 6d. Superfine do. 11s. Best, 12s. 6d. Gunpowder, 138. to 13s. 6d. Good ditto, 14s. Best 16s. *Good West India Coffee, 2s. 6d. Ordinary lower. Fine ditto, 2s. 8d. to 2s. 10d. Sir Hans Sloane's Chocolate, 6s. Sugar has been rather flat within this little while; it seems, however, by the steadiness of the holders to expect an improvement in briskness; if not also in price. A few of the speculators who had stood their chance for a better market, have found themselves under the necessity of accepting a price, a shade under the currency of the day; and possibly, this may have some further slight consequences; though not, if our conjecture be correct, on the more competent houses. If a brisk demand should come, the rise of price will fully keep pace with it, and will be considerable. The refiners have greatly diminished their stocks; not a few have even wrought themselves out of work; yet they do not immediately replace the goods they have sold. But, as their situation is known, it is known also, that they find no profit in standing still; and of this the market will not fail to retain a clear and infallible recollection. The grocers have been purchasing for the home trade, somewhat freely, though not in great quantities; their demands have chiefly had regard to the better qualities. In Foreign Sugars there is little doing. The holders of Coffee have produced a sort of suspension in the market, by not bringing forward their goods for sale. There has scarcely been a public sale for these three weeks past; except of such articles as were somewhat damaged. The enquiry for private sale has been rather more free, in consequence; but, we believe, that no variation of prices have been effected. There certainly are buyers; but the prices at which they buy, being limited, they will only close a bargain where they perceive a shade of difference in their favour. ciency of employ for their working hands. There is something, also, to be consi- . dered, whenever what is involved in Fashion comes under our contemplation. Fashions will change; but, to call on government to support those who suffer by the change, is to find plenty of work for the ruling powers. Extreme cases, only, can justify such interference; ordinary events and what events are more ordinary than change of Fashion ?-must We The demand for Cotton has lately de-find resources in their own vicinity. pended pretty much on exportation; this has been lively and extensive. The home trade has been stocked sufficiently for some time. Very little, therefore, has been delivered from the warehouses, for home consumption; but the bulk has been chiefly in bond. We believe, that the Liverpool market is mnch in the same state; and considerable arrivals being looked for, the prices have rather given way. It is expected, that, when these vessels reach their port, the depression will be still greater; and it must be provided against. The Cotton Trade is not the only to which the foregoing hints apply. fear that the SILK Trade has little superior Italian Silks are caution to boast of. fallen in price 1s. to 2s. per lb. They have been indeed very high; but, at this time of the year the demand should not slacken, and the price should not fall. We shall be glad to find our apprehensions groundless. TOBACCO looks forward to an expected contract from the French government; The abundant supply brought by the and those dealers who are likely to be private trade from India, has proved preinterested in that contract, have lately judicial to some of the speculators; and shewn somewhat of alertness to secure the newspapers have taken care to inform such parcels as have afforded beneficial the public, that an express is gone over terms. If they can purchase now to adland to India, to countermand orders for vantage, they answer more than one purshipping the article to England. This pose; as they relieve the market, and will publicity has more than one object in view. have occasion for a smaller quantity, when We formerly suggested our expectation the moment arrives that they must buy, that India would prove a formidable rival because they must deliver. Foreign to America in respect to cotton: we pre-orders in Town, are very limited as to the sume that the suggestion will be justified prices commissioned. by events at no great distance. We are sorry to learn that some branches of this trade have reason to fear a defi HEMP has found a rising market for some time past; principally owing to a limited stock on hand: of course, the 1 holders not only expect the full price, but | appear, it is a real fact, that a Wheat look for something additional. The supply Ear has already this spring been taken will not arrive instantly; and, therefore, from a field within a mile of the writer the prospect is, that those who want the of this report. The latter planted Beans article, must comply with the terms pro- and Peas have been put into the ground in excellent order. Many pieces of stubposed. ble and fallowed Oats are already either FLAX continues steady; at prices little drilled or sown, when the former wrought varied. The market prices were previously nearly nominal: the depression may be extremely well for the seed. Some of our lands intended for spring corn, must, for the want of frost this season, work tough, and the Barley sowing must be postponed for the present on the cold soils, but on the tender lands no impediment has occurred. Rye grass and Tares are getting forward, which is fortunate, as the Turnips are nearly done. The stock yards and barns are almost cleared of all kinds of grain. stated 2d. to 3d. per gallon in low Rums, Bankrupts in the order of their dates; with and 4d. to 6d. on the finer qualities. Brandy has some enquirers; but, is on the whole, little varied. GENEVA rather looking downward than upward. There is some speculation in RICE, when it can be taken at a low rate: this chiefly refers to East India Rice, of which considerable parcels have lately changed hands. In Carolina Rice, nothing doing. The Market is heavy for SPICES. AVERAGE PRICES OF CORN FOR ENGLAND AND WALES. Wheat, 79s. 4d. Rye, 55s. 5d. Barley, 598. 7d. Oats, 33s. 3d. Beans, 65s. 5d. Peas, 67s. 9d. COUNTY OF ESSEX. Agricultural Report, March 26, 1819. The Wheat Plants still continue very luxuriant, and extraordinary as it may their Attornies. BANKRUPTCY SUPERSEDED. March 2. Trustam, J. King street, Goswell street, carpenter. BANKRUPTS. Beer, W. Plymouth dock, ironmonger. Sols. row. Bell, C. F. Castle court, Bethnal green, victualler. Sol. Parnell, Church street, Spitalfields. Crickett, D. Hougham, Kent, timber mer- Dobie, A. Liverpool, master mariner. Sol. Dyson, B. Doncaster, corn dealer. Sol. Miall, M. Portsea, merchant. Sols. Alex- Pinkerton, T. Birchin lane, merchant. Sols, Rogers and Son, Manchester Buildings, Vigers, W. R. Austin friars, merchant. Sols. Knight and Freeman, Basinghall street. Westwood, C. Bristol, merchant. Sol. King Sergeant's inn. BANKRUPTS, Feb. 23. Hardman, J. Manchester, warehouseman. naman. Sol. Sutcliffe, Earl street, Black- Kent, J. Stowmarket, Suffolk, beer brewer. Boniface, C. jun. Chichester, mealman. Sol. Jones, W. Shoreditch, earthenware and chi- Goodman's fields. Gregson, W. Kingston upon Hull, merchant. Hope, T. Blakeley, Lancashire, bleacher. Sols. Hurd, Johnson and Chester, Temple. Mitchell, T. Cowick, Yorkshire, linen draper. Sol. Egerton, Gray's Inn square. Parker, J. Totton, Herts, dealer, moneyscrivener. Sols. Young and Hughes, St. Mildred's court, Poultry, Peake, S. jun. and J. Rothwell, Halliwell, Lancashire, calico printers. Sol. Meddowcroft, Gray's inn. Powell, P. Knightsbridge, broker. Sol. Pember, Charlotte street, Blackfriars rd. BANKRUPTS, Feb 20 Bourne, E. Austin friars, merchant. Sols. Kearsey and Spurr, Bishopsgate street, within. Broady, W. Bromsgrove, Worcestershire, mercer. Sols. Fladgate and Neeld, Essex street, Strand. Clarke, J. Stagbatch, Herefordshire, {farmer. Sol. Jenkins, New Inn. Cooper, E. Blandford forum, Dorsetshire, Queen square. Fox R. W. and W. P. Smith, Plymouth, Garner, W.Poulton-cum-Seacome,Cheshire, dealer in coals. Sols. Lowes and Cowburn, Temple. Green, J. Maddox street, Hanover square, coach maker. Sol. Reynolds, Hertford street, Fitzroy square. Peers J. Liverpool, merchant. Sols. Avison Revett, J. jun. Tolleshunt-Darcy, Essex, Bates J. Stockport, dealer. Sol. Meddowcroft, Gray's inn. Churcher J. Bristol, hair preparer. Sol. King, Sergeant's inn, Fleet street. Sol. Fareclough R. Farington, Lancashire, tan- Hatton J. Warrington, Lancashire, butcher. |