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COMMERCIAL REPORT.-June 11, 1819.
Sugar. The demand for both Muscovadoes and refined has of late considerably revived, which, in the former, may be attributed to the arrival of the new Sugars at the market, which suit purchasers better than the old ; and in the latter, to the spring shipments for exports. The prices, however, may be stated as being without any material alteration. The accounts from the colonies are favourable, as to the state of the weather, for taking off the crops, which are expected to be finished early; and average crops are expected. The quantity of Sugar on hand is more considerable than would have been if it had not been for the severe commercial difficulties of the country ; but nevertheless, the quantity is not very great, and the probability is, that Sugar will advance. Molasses are heavy, and on the decline.-Coffee. This article has fluctuated greatly, and prices are very unsteady. Generally speaking, the price has declined, and that considerably. Some days ago the demand was considerable and lively ; but owing to duller accounts from the Continental markets, the demand has become less brisk. It is almost impossible to calculate, with any degree of correctness, the future prospects in the Coffee markets. Every thing depends upon the situation and means possessed by the Continental nations, to make them come forward to make purchases.-Cotion. The pressure of the times, and the great stagnation in business, still keeps the Cotton market depressed. Several arrivals also, with large cargoes, have, within these few days, taken place, and many more are expected. Prices have given way in America, and they must, on some kinds, give way still further. The quantity imported for the five months of this year, ending the 1st June, amount to 315,472 bags, which is more than what was at the same period last year. The prices now, however, cannot be expected to fall lower except in one or two kinds. Much has, however, been forced into the market, on any terms, owing to the pressure upon this branch of our trade in particular, and on all the trade of the country in general. This is not likely, however, to be much longer the case, nor to any extent.
It would be altogether unnecessary to take up the time of our readers to specify particularly the state of the market for other articles of commerce. Suffice it to say, that in every one there is a complete stagnation, and prices nominal, or on the decline. The great question, however, of the resumption of cash-payments, and the loan and extent thereof for the year being now set to rest, and we think in a favourable manner for the interests of the country, and now that the great glut of goods in various markets are beginning to grow less, we may confidently anticipate a general revival of trade all over the country, which is at present, and may yet continue for a little while longer, in a gloomy and depressed state. Funded property, which had declined greatly, is again on the advance, with every appearance of improvement. We trust, by the time our next Number appears, we shall be able to report more favourably of the commercial interests and prospects of the country.
Course of Exchange, June 4. -Amsterdam, 11 : 13 : 2 U. Antwerp, 11:16. Ex.
Prices of Gold and Silver, per 02.- Portugal gold, in coin, £0 : 0:0. Foreign gold,
PRICES CURRENT.May 29.London, June 4, 1819.
62 to 63 58 to 66 CO to 62
82 67 84 65
£1 10 0
116 122 93
105 112 98
35 Od 4s Od
3 10 5 6 SB.S. 017 053
30 (F.S. 0 17 13
£35 65 0 F.S. 118 6
F.S. 99 16 6
7 0 7 7
7 15 0 0
9 0 99
7 10 8 10 11 11 12 0
2 6 28
14 6 16 6
16 6 17 6 16
69 60 0
48 45 0
(F.S. } 0 10
F.S. S 0 3 115
54 55 49
8 0 32 04
1 0 11 1 1
BS. 0 8
1 1 7 F.S.
1 7 1
1 7 1 9
1 5 1 6
50c. f. ton. per 12 brls.