The Economist, Volume 1, No. 3
Chapter 9
+------------- BRITISH. | PER QR. | Wheat, Essex, Kent, Suffolk, white | 59s to 61s ---- Lothian, Fife, Angus, do. | 52s to 57s ---- Inverness, Murray, &c. | 52s to 57s ---- Essex, Kent, Suffolk, red | 54s to 57s ---- Cambridge, Lincoln, red | 54s to 57s Barley, English Malting, and Chevalier | -- -- ---- Distiller's, English & Scotch | -- -- ---- Coarse, for grinding, &c. | 28s to 30s Oats, Northumberland & Berwick | 21s to 23s ---- Lothian, Fife, Angus | 21s to 23s ---- Murray, Ross | 21s to 23s ---- Aberdeen and Banff | 21s to 23s ---- Caithness | 21s to 23s ---- Cambridge, Lincoln, &c. | 20s to 23s ---- Irish | 17s to 19s ---- English, black | 18s to 21s ---- Irish " | 17s to 21s ---- Potato, Scotch | 23s to 26s ---- " Irish | 19s to 22s ---- Poland, Lincoln, &c. | 21s to 24s Beans, Ticks | 30s to 31s ---- Harrow | 31s to 34s ---- Small | 32s to 34s Peas, White | 36s to 38s ---- Boilers | -- -- Flour, Town made Households | 50s to 53s ---- Norfolk and Suffolk | 40s to 42s ----------------------------------------------+-------------
+------------- FOREIGN AND COLONIAL. | PER QR. | Wheat, White, Spanish, Tuscan | 52s to 59s ---- High mixed Danzig | 58s to 61s ---- Mixed do. | 52s to 58s ---- Rostock, new | 57s to 60s ---- Red Hamburg | 52s to 55s ---- Polish Odessa | 48s to 52s ---- Hard | -- -- ---- Egyptian | 32s to 37s Barley, Malting, &c. | -- -- ---- Distiller's, &c. | 28s -- ---- Grinding, &c. | 28s to 29s Oats, Brew, &c. | 21s to -- ---- Polands, &c. | 22s to -- ---- Feed, &c. | 18s to -- ---- Do, dried, Riga, &c. | -- 21s Rye, Dried | -- -- ---- Undried | -- -- Beans, Horse | 30s to 34s ---- Mediterranean | 26s to 29s Peas, White | 34s to -- ---- Yellow | -- 35s Flour, French, per 280 lbs. nett weight | -- -- ---- American, per Bar. 196 lbs. nett weight | -- -- ---- Danzig, &c. do. do. | -- -- ---- Canada, do. do. | 29s to 29s ---- Sour, do. do. | -- -- ----------------------------------------------+-------------
CORN EXCHANGE, FRIDAY, SEPT. 15.--The weather threatened to be stormy yesterday, the barometer fell, and we had some heavy drops of rain, but it has since cleared up, and to-day is 10 degrees warmer and beautifully clear, with the wind south east. In Ireland and Scotland there was a good deal of rain on Sunday and Monday, which (we understand) stopped the harvest work for the time, but we hope by this time they have it fine again. The new English Wheat comes to hand softer and lighter than at first; as usual after being stacked, the yield is much complained of, besides that many of the stacks got so soaked by the heavy rains of the 21st and 23rd of August, that the condition of the Wheat is sadly spoiled. The arrivals are moderate this week, except of Irish Oats, several small parcels of which are of the new crop; there is also a small parcel of new Scotch Barley in fine condition, and new Scotch Oats, also good. Almost all the Wheat has been entered at the 14s. duty; we believe it is over 300,000 qrs. New English Wheat is dull sale: Foreign, on the other hand, is more inquired for, and not to be purchased in any quantity except at 1s. advance. Barley is saleable in retail at Monday's prices. Oats are again 6d. cheaper than on Monday, except for very fine samples. The averages lead us to suppose that on the 21st instant the duty on Foreign Wheat will rise to 16s. per qr.; on Barley it will remain 6s.; on Oats 6s.; on Rye it will rise to 9s. 6d.; on Beans it will remain 10s. 6d.; and on Peas, 9s. 6d.
LONDON AVERAGES.
For the week ending September 12.
Wheat. Barley. Oats. Rye. Beans. Peas. -----------+----------+-------------+----------+----------+---------- 4.113 qrs. | 345 qrs. | 25,600 qrs. | 50 qrs. | 147 qrs. | 132 qrs. 51s. 6d. | 32s. 2d. | 18s. 9d. | 30s. 2d. | 30s. 2d. | 42s. 1d. -----------+----------+-------------+----------+----------+----------
IMPERIAL AVERAGES.
+--------+---------+--------+--------+--------+-------- | Wheat. | Barley. | Oats. | Rye. | Beans. | Peas. --------------------+--------+---------+--------+--------+--------+-------- Weeks ending | s. d. | s. d. | s. d. | s. d. | s. d. | s. d. Aug. 10th | 60 9 | 32 4 | 21 5 | 37 1 | 31 9 | 31 4 -- 17th | 61 2 | 32 11 | 21 9 | 38 7 | 32 1 | 33 7 -- 24th | 59 9 | 33 11 | 21 5 | 37 1 | 32 6 | 34 9 -- 31st | 56 8 | 32 11 | 20 7 | 31 8 | 31 10 | 33 9 Sept. 7th | 54 2 | 31 11 | 20 5 | 31 1 | 32 4 | 32 1 -- 14th | 53 0 | 31 11 | 19 7 | 31 3 | 31 9 | 33 8 +--------+---------+--------+--------+--------+-------- Aggregate of six | | | | | | weeks | 57 7 | 32 8 | 20 10 | 34 6 | 32 0 | 33 8 --------------------+--------+---------+--------+--------+--------+-------- Duties till Sept. | | | | | | 20th inclu. | 15 0 | 6 0 | 6 0 | 8 6 | 10 6 | 9 6 On Grain from B. | | | | | | Possession out | | | | | | of Europe | 2 0 | 0 6 | 2 0 | 0 6 | 1 6 | 1 0 --------------------+--------+---------+--------+--------+--------+--------
Flour--Foreign, 9s. 0d. per 196lbs.--British possession, 1s. 2d. ditto.
PRICE OF SUGAR.
The average price of brown or Muscovado sugar for the week ending September 12, 1843, is 34s. 1-3/4d. per cwt., exclusive of the duties of Customs paid or payable thereon on the importation thereof into Great Britain.
SMITHFIELD MARKET.
MONDAY.--There was a considerable and beneficial improvement in trade to-day for everything, but not, however, permanent; at least, the causes which produced the change this morning would not authorise a different conclusion, and the salesmen of the market, although looking forward to a very fair state of things next Monday, do not anticipate that the improvement will last the next succeeding Monday. It appears that London is clear of meat, the which, with small supplies of everything to-day, is the sole immediate cause of the improvement, for, notwithstanding that the market was well attended by both town and country butchers and stock-takers, they, nevertheless, at the opening of the market, appeared disposed to purchase briskly, on the supposition, according to the returns of over-night, that the supplies were large, but when this statement was discovered to be erroneous they then bought freely, and higher prices were more readily given.
FRIDAY.--In consequence of the supply of beasts on sale being large for the time of year, we have to report a very heavy demand for beef, and in some instances the quotations declined 2d. per 8 lbs. From Scotland nearly 200 lots were received fresh up. Prime old downs maintained their previous value; but that of all other kinds of sheep had a downward tendency. In lambs very little was doing, at barely Monday's quotations. Calves moved off heavily, at a reduction of 2d. per 8 lbs. The pork trade was unusually dull, at previous currencies. Milch cows sold slowly at from 16_l._ to 20_l._ each.
+--------------------------------- Prices per Stone. | At Market. -----------------------------------------+--------------------------------- Monday. Friday. | Monday. Friday. Beef 3s 0d to 4s 2d 2s 8d to 4s 0d | Beasts 2,840 800 Mutton 3s 2d to 4s 4d 2s 10d to 4s 4d | Calves 149 373 Veal 3s 6d to 4s 8d 3s 6d to 4s 6d | Sheep and Lambs 32,840 9,210 Pork 3s 6d to 4s 8d 3s 0d to 3s 10d | Pigs 410 326 Lamb 4s 0d to 5s 0d 3s 4d to 4s 8d | -----------------------------------------+---------------------------------
Prices of Hay and Straw, per load of 36 trusses.
Hay, 3_l._ 5s. 0d. to 4_l._ 8s. 0d. Clover, 4_l._ 4s. 0d. to 5_l._ 8s. 0d. Straw, 1_l._ 18s. 0d. to 2_l._ 4s. 0d.
BOROUGH HOP-MARKET.
MONDAY.--There was no business whatever transacted during last week, and even the duty remains without fluctuation. In this state of inactivity the effects of the Metropolitan Total Abstinence movement was a topic of interest to the trade. As it appears that nearly 70,000 persons took the pledge, the consumption of malt liquor must seriously diminished, and the demand for Hops will consequently be very considerably decreased. It is fortunate, therefore, for the planters that this year's growth is not large, otherwise the prices would have been seriously low, and although that crop is not only about an average, yet from this diminished consumption, which is likely to progress, the value of the new will not be more than last year, and possibly even less. There have been a few small lots of 1843's at market, which go off very slowly.
FRIDAY.--About ten pockets of new hops have been disposed of this week at from 7_l._ to 8_l._ per cwt. We are now almost daily expecting large supplied from Kent and Sussex, as picking is now going on rapidly. In old hops scarcely any business is doing, while the duty is called 150,000_l._
LIVERPOOL COTTON MARKET.
SEPT. 14.--A large amount of business has been transacted in cotton at this day's market. The sales, inclusive of 5,000 American bought on speculation, have consisted of 10,000 bales.
SEPT. 15.--We have a fair inquiry for Cotton this morning, and there is no change whatever in the general temper of the market.
COAL MARKET.
Buddle's West Hartley, 15s.; Davison's West Hartley, 15s. 6d.; Fenham, 13s. 6d.; Hastings Hartley, 15s.; Holywell Main, 15s. 6d.; New Tanfield, 14s.; Ord's Redheugh, 12s. 6d.; Pontop Windsor, 12s. 6d.; Tanfield Moor, 16s. 6d.; West Pelton, 12s. 9d,; West Hartley, 15s. 6d.; West Wylam, 14s. 6d.; Wylam, 14s. 6d. Wall's End:--Clennell, 14s. 6d.; Clarke and Co, 14s.; Hilda, 15s. 6d.; Riddell's, 16s. 9d.; Braddyll's Hetton, l8s. 9d.; Haswell, 19s.; Hetton, 18s. 6d.; Lambton, 18s. 3d.; Morrison, 16s.; Russell's Hetton, 18s,; Stewart's, 18s. 6d.; Whitwell, 17s.; Cassop, 18s.; Hartlepool, 16s. 6d.; Heselden, 16s, 6d.; Quarrington, 17s.; Trimdon, 17s. 6d.; Adelaide, 18s.; Barrett, 16s. 9d.; Bowburn, 15s. 6d.; South Durham, 17s.; Tees, 17s. 9d.; Cowpen Hartley, 15s. 6d.; Lewis's Merthyr, 19s. 6d.; Killingworth, 16s. Fifty-nine ships arrived since last day.
THE GAZETTE.
_Tuesday, September 12._
DECLARATIONS OF INSOLVENCY.
J. Halls, Wilkes street, Spitalfields, braid manufacturer.--J. Brooke, Liverpool, cupper.--J. Thorburn, Hillhouse, Yorkshire, warehouseman.--J. Allwright, Basingstoke, Hampshire, boot maker.--J. Bland, Leeds, eatinghouse keeper.--W.S. Lawrence, Essex place, Grange-road, Dalston, out of business.--T. Leete, Finedon, Northamptonshire, butcher.--W, Simpson, Elland Upper Edge, Yorkshire, woollen spinner.--D. M'George, Huddersfield, tea dealer.--W. Hall, Cockhill, Wiltshire, out of business.--T. Mercer, Wansdon house, Fulham, out of business.--W. Elliott, Berners street, Oxford street, waiter at an hotel.--C.T. Jones, Charles street, Berkeley square, out of business.--T. Price, Cardiff road, Monmouthshire, coal dealer.--W. Williams, Newport, Monmouthshire, out of business.--W.G. Still, High street, Poplar, hair dresser.--T. Cook, Giltspur street, City, tailor.--J. Mayson, Marlborough road, Old Kent road, commission agent.--D. Taylor, Meltham, Yorkshire, licensed tea dealer.--W.W. Greaves, Newark-upon-Trent, Nottinghamshire, corn dealer.--C.H. Balls, Beccles, Suffolk, chemist.--J. Chapman (commonly known as J. Fitzjames), Bridges street, Covent garden, comedian.
BANKRUPTCY ANNULLED.
JONES, T., Liverpool, coal dealer.
BANKRUPTS.
SHARP, R., jun., Faversham, Kent, draper. [Reed and Shaw, Friday street, Cheapside.
PEARSALL, C., Anderton, Cheshire, boiler maker. [Sharp and Co., Bedford row.
JOHNSON, T., late of Great Bridge, Staffordshire, draper. [Messrs Nicolls and Pardoe, Bewdley.
HOLT, W.J.; Grantham, Lincolnshire, tea dealer. [Messrs Hill and Matthews, St Mary Axe.
DECLARATIONS OF DIVIDENDS.
J.O. Palmer, Liverpool, music seller--first dividend of 6s. in the pound, any Wednesday after December 1, payable at 31 Basinghall street, City.--D. Ellis, Haverhill, Suffolk, draper--first dividend of 5s. 10d. in the pound, any Wednesday after December 1, payable at 31 Basinghall street.--P.J. Papillon, Leeds, wine merchant--first dividend of 2s. in the pound, on any Monday or Wednesday after October 4, payable at 15 Benson's buildings, Basinghall street, Leeds.--E. Cragg, Kendal, Westmoreland, innkeeper--first dividend of 2s. in the pound, on October 7, or on any succeeding Saturday, payable at 57 Grey street, Newcastle-upon-Tyne.
DIVIDENDS.
October 5, T. and J. Parker, J. Rawlinson, W. Abbott, J. Hanson, J. Bell, T. Chadwick, A. Emsley, R. Kershaw, J. Musgrave, J. Wooller, T. Pullan, J. Shaw, G. Eastburn, and D. Dixon, Leeds, dyers.--October 10, T. Bell, Newcastle-upon-Tyne, tea dealer.--October 10, J.G. Pallister and J.M.B. Newrick, Sunderland, Durham, grocers.--October 4, J. Fletcher, Maryport, Cumberland, boiler manufacturer.--October 11, J. Todd. Hylton ferry, Durham, ship builder.--October 3, J. Parke, Liverpool, druggist.--October 4, S. Boult and T. Addison, Liverpool, stock brokers.--October 7, T. Bourne, Liverpool, cotton broker.--October 14, H. Merridew, Coventry, ribbon manufacturer.
CERTIFICATES.
October 5, F. Robert, New Bond street, and Gower street North, coal merchant.--October 5, J. Bowie, Shoe lane, City, grocer.--October 14, J. Barnes, 14 Commercial place. Commercial road, engineer.--October 4, J. Davies, Westminster road, Lambeth, linendraper.--October 11, M. Jackson, East Thickley Steam mill, Durham, miller.--October 10, J. Todd, Hylton ferry, Durham, ship builder.--October 3, J. Gallop, jun., Bedminster, Bristol, painter.--October 12, G.B. Worboys, Bristol, perfumer.--October 4, R. Crosbie, Sutton, Cheshire, tea dealer.--October 7, C. Holebrook, Uttoxeter, Staffordshire, plumber.--October 17, J. Hedderly, Nottingham, druggist.--October 5, J. Oates, Glossop, Derbyshire, innkeeper.
CERTIFICATES, OCTOBER 3.
W. Pugh, Gloucester, auctioneer.--J. Lockwood, Wakefield, Yorkshire, and St. John's, New Brunswick, linendraper.--H. Francis, Feoek, Cornwall, agent.--G. Chapman, Aylesbury, Buckinghamshire, grocer.--E. Wheeler, Birmingham, corn dealer.--J. A. Boden, Sheffield, razor manufacturer.--W. Woodward, Birmingham, tailor.--S. J. Manning, 28 Camomile street, City, and Halleford, near Shepperton, manufacturer of bitters.
PARTNERSHIPS DISSOLVED.
Elizabeth O'Connor and Mary Rossiter, Brighton, Sussex, milliners.--C. Weatherley and H. O'Neil, Wilkes street, Spitalfields, and Ferdinand street, Camden town, fancy trimming manufacturers.--H.I. Isaacs and D. Israel, Duke street, Aldgate, City, poulterers.--J. Davis and A. Mottram, Warrington, Lancashire, timber merchants,--M. Fortier and Emile and Anna Levilly, Bruton street, Berkeley square, milliners.--T. and G. Stevenson, Dudley, Worcestershire, tailors.--D. Israel and J. Lyons, St Mary-axe, City, trunk makers.--W. Fairbairn, J. Hetherington, and J. Lee, Manchester, machine makers.--E. Archer, H. Ewbank, jun., and A.P.W. Philip, Gravel lane, Southwark, Surrey.--J.M. Pott and J. Midworth, Newark-upon-Trent, auctioneers.--T.P. Holden, T. Parker, and W. Burrow, Liverpool, upholsterers (as regards W. Burrow).--W.L. Springett, T. Beale, and E. Kine, Southwark, Surrey, hop merchants (as regards W.L. Springett).
SCOTCH SEQUESTRATIONS.
A. Dunn, Keithock Mills, near Coupar-Angus, farmer.--D. M'Intyre, jun., Fort William, merchant.
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_Friday, September 15._
BANKRUPTS.
GREENSLADE, W., Gray's inn lane, builder. [Oldershaw, King's Arms yard. BONE, G.B., Camberwell, builder. [Meymott and Sons, Blackfriars road. LEWIS, R.W., Shenfield, Essex, farmer. [Watson and Co., Falcon square. PHILLIPS, S., Brook street, Hanover square, carpet warehousman. [Reed and Shaw, Friday street, Cheapside. PINO, T.P., Liverpool, ship chandler. [Chester and Toulmin, Staple inn. HOOLE, W., Sheffield, leather dresser. [Branson, Sheffield. CAMBRIDGE, R.J., Cheltenham, wine merchant. [Packwood, Cheltenham. METCALF, E., Middlesbrough, Yorkshire, currier. [Blackburn, Leeds. DUFFIELD, C., Bath, grocer [Jay, Serjeants' inn. POPPLETON, C., York, linen manufacturer. [Blackburn, Leeds. LISTER, J.C., Wolverhampton, wine merchant. [Phillips and Bolton, Wolverhampton.
DECLARATIONS OF INSOLVENCY.
J. Brooke, Liverpool, cupper.--J. Thorburn, Hillhouse, Yorkshire, warehouseman.--J. Bland, Leeds, eating house keeper.--W.S. Lawrence, Essex place, Hackney, bank clerk.--T. Leete, Finedon, Northamptonshire, butcher.--W. Simpson, Elland Upper Edge, Yorkshire, woollen-spinner.--W. Hall, Cockhill, Wiltshire.--D. M'George, Huddersfield, tea dealer.--T. Mercer, Wansdown house, Fulham--W. Elliott, Berner's street, Oxford street, waiter.--C.T. Jones, Charles street, Berkeley square.--T. Price, Cardiffmouth, coal dealer.--W. Williams, George street, Newport.--W. G. Still, High street, Poplar, tobacconist.--T. Cook, Giltspur street, City, tailor,--J. Mayson, Marlborough road, Old Kent road, commission agent.--D. Taylor, Aldmondbury, Yorkshire, tea dealer.--W.W. Greaves, Newark-upon-Trent, corn dealer.--C. H. Balls, Ringsfield, Suffolk, chemist.--J. Chapman, Bridges street, Covent garden, comedian.--J. Robinson, Edmonton, butcher.--G. Dickinson, Chenies mews, Bedford square, coach painter.--J. Murphy, Gloucestershire, coachman.--J. Burnham, Harrold, Bedfordshire, chemist.--W.L. Phillips, Kennington green, omnibus proprietor.--J.D. Lockhart, Poplar, tobacconist.--J. Wilkinson, Cheltenham, licensed victualler.--J.D. Hubbarde, Wakefield, printer.--J. Ames, Holywell, Flintshire, licensed victualler.--S. Bone, Greenwich, cabinet maker.--J. Davis, Great Bolton, Lancashire, sawyer.--J. Pollard, Batley, Yorkshire, blanket manufacturer.--S. M'Millan, Llangollen, Denbighshire, tea dealer.--S. Brook, Birstal, Yorkshire, grocer.--F. Wormald, Birstal, Yorkshire, blacksmith.--W. Barnes, Knightsbridge, shopkeeper.--H. Manley, Belvidere buildings, St George the Martyr, Surrey, coach builder.--W. Jeffery, Queen street, Brompton, horse dealer.--R.W. Webb, Saville row, Walworth road, attorney.
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BIRTHS.
On the 10th inst., in Milman street, Bedford row, the wife of S.S. Teulon, Esq. of a son.
On the 13th inst., at Nottingham place, the wife of Thomas A.H. Dickson, Esq., of a son.
MARRIAGES.
At St George's Church, Hanover square, Miss Louisa Georgina Augusta Anne Murray, only daughter of General the Right Honourable Sir George Murray, G.C.B., Master-General of the Ordnance, to Henry George Boyce, Esq., of the 2nd Life Guards, eldest son of Mr and the late Lady Amelia Boyce.
On the 13th inst., at Kintbury, Berks, Lieutenant-Colonel J.A. Butler, to Martha, daughter of the late William Bruce Smith, Esq., of Starborough Castle, Surrey.
On the 13th inst., at Rickmansworth Church, John, second son of Thomas Weall, Esq., of Woodcote Lodge, Beddington, to Susanna, eldest daughter of W. White, Esq., of Chorleywood.
DEATHS.
On the 7th inst., aged 69 years, the Rev. William Porter, who was for 44 years minister of the Presbyterian congregation of Newtownlimavady; for fourteen years clerk to the General Synod of Ulster; the first moderator of the Remonstrant Synod, and clerk to the same reverend body since its formation.
At Bath, General W. Brooke. The deceased general, who had served with distinction throughout the Peninsular war, had been upwards of fifty years in the army.
On Sunday, the 10th instant, after a lengthened illness, at the family residence in Great George street, Mr John Crocker Bulteel. He married, May 13, 1826, Lady Elizabeth Grey, second daughter of Earl Grey, by whom he leaves a youthful family. Lady Elizabeth Bulteel, who is inconsolable at her bereavement, has gone to Viscount Howick's residence, near Datchet.
ADVERTISEMENTS.
YORK and LONDON LIFE ASSURANCE COMPANY, King William-street, London. Empowered by Act of Parliament.
GEORGE FREDERICK YOUNG, Esq., Chairman. MATHEW FORSTER, Esq. M.P. Deputy Chairman.
The superiority of the system of Assurance adopted by this Company, will be found in the fact that the premium required by a bonus office to assure 1,000_l._ on the life of a person in the 20th year of his age would in this office insure 1,291_l._ 7s. 6d.
Assurances at other ages are effected on equally favourable terms, and thus the assured has an immediate bonus instead of a chance dependent upon longevity and the profits of an office. In cases of assurance for a limited number of years, the advantage offered by this Company is still greater, no part of the profits of a bonus office being ever allotted to such assurances.
Prospectuses, containing tables framed to meet the circumstances of all who desire to provide for themselves or those who may survive them by assurance, either of fixed sums or annuities, may be had at the office as above, or of the agents.
JOHN REDDISH, Sec.
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H. WALKER'S NEEDLES (by authority the "Queen's own"), in the illustrated Chinese boxes, are now in course of delivery to the trade. The needles have large eyes, easily threaded (even by blind persons), and improved points, temper, and finish. Each paper is labelled with a likeness of her Majesty or his Royal Highness Prince Albert, in relief on coloured grounds. Every quality of needles, fish hooks, hooks and eyes, steel pens, &c. for shipping. These needles or pens for the home trade are sent, free by post, by any respectable dealer, on receipt of 13 penny stamps for every shilling value.--H. Walker, manufacturer to the Queen, 20 Maiden lane, Wood street, London.
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ONE HUNDRED FOREIGN MARBLE CHIMNEY-PIECES ON VIEW.