18043] ( 279 ) 
MONTHLY COMMERCIAL REPORT. 
HE fafe arrival of fo many foreign fleets, through dangers from ftorms and hoftife fhijre 
of war, about the beginning of fie month which now clofes, had an influence the moi 
favourable and animating on the Britifh trade in all the great emporia in this country.— 
Neither Eat India nor Wet India produce has fince fallen in price, great as is the quan- 
tity of goods which the fleets have brought home. 
‘As the conquefts of Britain are extended in the Kaft ; as Britith habitudes andl manners 
obtain ftill more and more a preference among the Oriental nations under our dominion ; ag 
thofe prejudices which held the Chinefe averife to our cuftoms and to the ufe of our manu- 
factures are gradually overcome ; the fales of Englifh goods in India and China become 
conttantly larger ; and there:is good reafon for thinking that the quantity of goods of Bri- 
tith produce and pe ae ure to be exported within the next twelve months to India, will, 
in comp parilon of the gencral circumftances and demands, be more confiderable than that of 
any former year within ovr remembrance. 
In the West Inpres, the abftraction of St. Domingo, in great part, from the {phere of 
cultivation ; the increafing expence and {carcity of Negro labourers; the taxes with which 
the culture ot the plantations is, for its own defence, neceffarily burthened ; with other 
circumftances ftrongly aifecting the ftate of the produce and the markets ; operate in fuch a 
manner as to leave us little or no room to hope tor any fpeedy or confiderable diminution in 
the prices of thofe important articles of fubfiftence which we derive from them. Sugar, 
coffee, chocolate, cocoa, cotton, articles of fuch peculiar excellence for the accomino- 
dation of human hfe in general, are now fo fuited to European habits, and are, m the ex- 
tenfion of their ufe, {o very falutary, that there is nothing more to be regretted “than that 
we fhould ftill be unable to procure them otherwife than under the expente and difadvan- 
tages of the work of flaves, unabbreviated labour, the power of monopoly in the hands of 
the growers and fellers, and all the other uncertainties which now fo continually enhante 
thé prices of articles which have become neceffaries almoft as munch as bread or milk. 
The trade between the Anglo-Americans of the United States and the Chinefe is conti- 
nually augmented. Within thefe few lat years it has been obferved that there is a demand 
in China for unwreught cotton, and an exportation of this commodity from India to the 
Chinele marts. The Arglo-Americans therefore propote, in their next adventures to the Eaft, 
to freight in part with cotton for the markets of China, and fo {pare their bullion. For the 
prefent year the India trade of the Americans has drained the States of their bullion to fuch 
a degree as to excite throughout the country confiderable difcontent on account of the {carcity 
of coin.—The Ofage Indians have however promifed (for a fupply of 500 muikets) te 
furnifh the people of the United States with abundance of gold and filver—to be taken by 
force from their neighbours the Spaniards. 
Spam is at prefent in the moft inconvenient and diftrefling want of thofe goods which it 
has been hitherto accuftomed to obtain from its commercial intercourfe with Great Britains 
The cargoes ready to be fent out to that country would have been received with extraordi- 
nary joy in the Spanith ports, and told to the greatett advantage. But an embargo has juft 
withheld our merchants from feeking that profit at the hazard of confifcation and detention’, 
in the Spanifh ports, at which their veflels muft have been fent out. 
The Baltic trade has become fomewhat more brifk and aétive than it was two or three 
months fince. At St. Petertburgh, the prices of moft of the articles for exportation have 
rifen. The exchange becoming continually mere favourable to Ruifia, is now at from 314 
lo 32 pence per rouble. Hemp, jlax, tallow, and all the ftaple exports trom Ruilia are 
fomewhat higher. ‘Thofe veflels for which there was defpair of freight, are now obtaining 
treights without difficulty. Aud while the trade from Odetfa and Archangel i is fufficiently 
lively, that alfo from St. Peterfburgh is, on the whole, not hkely to prove, for the prefent 
feafon, unprofperous. The eor-trade, for the countries on the Baltic c; 1s this year fuif- 
ciently brifk. ‘hat interval of bad weather which took place in the end of the wheat hare 
veft in England; and the rife produced in the prices of grain in our markets by the new 
Corn Act, had the effect to occafion orders from Encland for the purchafe of grain at all 
the cuftomary marts for it in the Baltic, that have ovcafioned a generad enhancement in the 
prices over all the north of Europe. 
The produce ef the Whele, the Pilchard, and the commencing Herring fifiery, is this 
year plentiful. 
The rates of Infurance to the Mediterranean have been within thefe laf four or five 
days confiderably and neceffarily enhanced. 
A large quautity of Soanifh wool was Jatt week imported into London from Bilboa. 
The trade of Whitehaven has ac guired mach new activity in conequence of changes by 
the Union, in the relations between the trade of Great Britain ad that of Ireland. 
It is expected, that a prodigious quantity of Luanets will be traatacted at the Michaelmas 
fair, now about to commence at Leipfic. ; 
Mr. Solomon Dawlon and Mr. Iizac Coxe, in Maryland, North America, have invented 
ay 
