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8 d d
Ja 01 Bi B
COMMERCIAL REPORT.--July 8, 1818. Sugar. The importation of Sugar is now become very considerable. The West India ships, so long delayed by unfavourable weather for the crops in the colonies, are now arriving in considerable numbers. The sales of Sugar have in consequence been very con. siderable at all the chief ports of importation. The prices are, upon the whole, well sup. ported, and the demand lively and extensive. The stocks of the principal dealers were greatly reduced, and they in consequence purchase freely at the prices quoted. There is no chance whatever of any material decline in price ; but, on the contrary, the greatest chance of a rise after the chief parts of the imports are over. In the Refined article there has been considerable purchases, and as the stocks are not extensive, the holders are in expectation of a further demand. The prices are still low in comparison to Raw Sugars Molasses are not in great request, and the price consequently nominal. accounts from the Continental markets are rather unfavourable, as far as these regards this article. The demand is in consequence become languid, and the prices on the decline, The sales are become heavy, and can only be effected at reduced prices. The price of this article had advanced so much of late, that there is every chance of a considerable fuctuation in its value, but there is no chance of any material decline in price. The stocks have been so much reduced, and the consumpt of the Continent so much increased, that Coffee is sure to bear an high price in future. At its present value it must pay the planter and importer well
. Cotton. The East India Company have lately brought forward very extensive sales. On the 26th ult. 29,000 bags were brought forward by public auction, part of which were withdrawn at the commencement of the sale, and the re, mainder sold at a small decline in price. In all the different ports the Sales may be quoted at from 1-4th to 3-4ths per lb. of a decline in the price. The importations are very con
. siderable, both in Glasgow, Liverpool, and London, and greatly exceed the importations of last year to the same period, and shows how extensive the demand must be, when, in the face of such extensive importations, the reduction of price
is so small. A rise is however contemplated, as the last letters from India state, that the Cotton crops have been greatly injured by an excessive drought. -Corn. Notwithstanding the supply being very considerable, the prices have rather advanced. Whether this is owing to speculation, or a deficiency in quantity adequate to the supply of the country till the har. vest is completed, a short time will determine.
At present the appearance of the crops are every where very favourable, and the finest prospect of being early. On the Conti
. nent of Europe this is particularly the case. After a month of uncommon warm weather, towards the middle of June, and till this time, the weather has become changeable and wet, and in some instances rather cold for the season of the year, which may have set the speculators in grain to work. General appearances are however such as must render these things very limited or very dangerous to those who embark in them.
In all the other articles of Commerce usually enumerated by us, there are either no alteration since our last publication, or in many of these the alteration is so trifling as not to merit attention in the commercial world, or be interesting to the general reader. We therefore omit them in our present Number.
In our previous Numbers we hinted our intention of considering the nature and extent of our trade in manufactured goods to Spanish South America. To do this upon sure data, we cannot do better than insert the following important documents
concerning the manufactures of Glasgow and trade of Clyde for one year, viz. from 1st May 1817 to 1st May 1818. Our readers may rest satisfied that Glasgow has her full proportion of the
trade in manufactured goods to every part of that extensive quarter of the world ; and from a consideration of these documents, they will be enabled to decide how far and how much revolution and rebellion over the southern part of that vast Continent add to our resources, and benefit our trade. There cannot be a doubt but that the progressive and peaceable improvement which always accompanies the increase of human population in colonies descended from civilized nations, or who hold intercourse with these, must be the greatest benefit to all commercial nations, and a much surer, safer, and better road to spread knowledge and improvement, either political or moral, than violent and unjustifiable revolutions, however prosperously these may end for those who commence them. In a very particular manner this will be found to be the case amongst all the human race who inhabit the regions of this globe situate within the tropics. Were violent revolutions also more to be deprecated in one place than in another of these regions, it would be in Spanish Tropical America, where there is five or six classes and colours of men, differing in their nature and pursuits, whom no free mode of government could ever make coalesce, whom nothing but a despotic government could govern, and whom the arm of power, wielded with a steady hand, can only keep from tearing each other to pieces, and in their fury destroying all property, and banishing confidence and commerce from their lands and their dwellings. Over the greater part of South America, its population know not what freedom means, except it be to indulge in sloth, idleness, and violence.
MANUFACTURES OF GLASGOW AND TRADE OF CLYDE.
Yards Linen. Yards Total.
37 | 14,931,754 1,372,141 2,627,834 18,941,729 Other British West India Colonies, 55 3,473,302 348,020 1,960,865|| 5,777,187 British North American ditto....... 54 774,310 3,395 421,913 1,199,618 British Mediterranean,...
16 4,069,058 470 78,140' 4,147,668
162 ||23,248,424 1,719,026 5,098,752 30,066,202 Besides the above, there were exported to these ports, viz:
5,266 Pieces Woollens,
Yards Cotton Yards Linen. Yards Total. Yrds Cotton.
13 5,466,884 157,403 1,389,841 7,012,128 Buenos Ayres.......
112,152 492,167 Rio de Janeiro,....
19,653 527,971 Foreign Mediterranean,...
18 3,115,783 1,000 18,979, 3,135,762 Other Ports, ........
20 1,996,950 168,076 615,8022,782,828
55 11,467,950 326,479 2,156,427 13,950,856 Besides the above, there were exported to these ports, viz:
975 Pieces Woollens,
30 Dozen ditto Woollen ditto.
41 | 3,946,565 26,489 2,644,868, 6,617,922 In addition to the above, there were exported to these ports, viz:
1,079 Pieces Woollens,
816 Dozen ditto Woollen ditto,