The Daily Times.
Liverpool, Merseyside, England, 1860-05-05 00:00:00

tbt sitart atarittt.

The Liverpool Share Market, owing to a most
favourable change of weather, coupled with excel-
lent traffic returns and an easier condition' of the
Money Market, has experienced a material change
for the better; and although there has not been
lunch business done dniing the week, there has
been a continuous demand for bona fide invest-
ments, and prices of the most current descriptions
of §tock exhibit an advance of from 1 to 2 per
cent. To-day London and North Western Stock
has been in very prominent demand, and at the
close there were strong buyers of it at £lO2.
The transactions included Birkenhead, 694 ; Cale_
donian, 914 ; Great Western, 70 ; Lancashire and
Yorkshire, 104 London, Brighton, and
South Coist, 113 t ; London and North Western,
/01h ti 2 liitti; Ditto Eighth Shares, 1-16 d;

Dbaton. New York. PhiladelphiZ
s. d. s. d. s. d. s. d. e. d. s. d.
Pig Iron, Bars, 1 12 6... 0 0 14 0... 0 0 0 0...15 0
&e.
Chemicals and } 0 0...15 0 14 0...15 0 17 6... 0 0
Fine Iron ... . .
Salt nominal. nominal. nominal.
Dry 10 0...15 0 10 0...17 6 0 0...20 0
hardware ...... 12 6... 0 0 0 0...12 6 20 0... 0 0
Earthenware 0 0... 6 0 0 0... 6 6 0 0_ 8 0
Passen‘ers £4 3s Od £4 Os Od i £4 5s Od
Gross. Gross. Gross.
Baltimore. Charleston. New Orleans.
Pi Is. d. s. d. s. d. s. d.
Rag 1 15 0... 0.0 20 0... 0 0
:5 40'
Chemicals and t. Fine Iron . 0 o_l7 6 0 0...17 620 0...22 6
...
Salt . ........ nominal. nominal. nominal.
Dry Goads 2O 0... 0 0 0 0...25 0 20 0...25 0
Hardwate .. .
Earthenware..— ~- 0 0... 8 0 0 0... 7 6 i 7 0... 8.0
Fassengers
Nominal. Gross. i Gross.

"Igarkt

(From 4. F. ,S. D. 21Iack; Circtilar,)

Since our annual circular, dated Ist February,
21 vessels, 11,275 tons register, wood-laden, have
arrived from British North America, viz.,-17
from St. John, N. B
1 As -is
~ and 4 from other ports ; at
the same date last year, vessels, 11 AY
,- a tons
had arrived.
'generally the case 'at this ;
time of thelear,the, trade ha 'timber has scarcely
as yet given la, decided indication of what particu-
lar., character it is likely. to assume duringthe
a conjecture
principal business season:' So far
can be safely hazarded, however,
there does not
appear to be any reason for appiehendingan,unfa-
vourable issue. The general trade of the-country
continues prosperous, and it gives evidence of a still
further advance in the direction Which for the last
few months has been productive of such generally
admitted satisfaction. All classes in the manu-
facturing districts are still fully employed, and
it is said that the orders now on hand among
the leading houses will keep them fully occu-
pied for several months to come ; so far then
as present appearances go, 'every kind of indus-
try seems full of promise. Few of the con-
ditions pertinent to sublunary matters are with-
out alloy, and even the prosperity to which
we have so pointedly alluded is not altogether
unaccompanied by serious drawbacks. For some
time past a continued drain upon the resources of
the Bank of England induced that establishment
to impose successive additions to' the rate of dis-
count, a proceeding, no matter what its cause,
which at all times exercises an unfavourable,
influence upon trade. The winter has-been an un-
prolonged one, and of such severity as

to have seriously retarded agricultural opera-
tions; to such an extent, indeed, as to have
awakened considerable apprehensions with respect
to our food siipply,in the coining, allturnAi and?,_
if possible, still farther to increase tits causes of
uncertainty by which commercial and. raanufac-
taring matters are'lieset,'a 'feeling otdis; atisfac:
tion, and a spirit of insuborainatiOn appears to be
manifesting itself ;among the operatives. This
latter, as a matter which, if carried to any extent,
is so invariably hurtful to the interests of every
class of. .community; it is sincerely to be
wished will meet with little encouragement,
and it is further to be hoped that the good
sense, right feeling, and mutual interests of
employers and employed will obviate any diffi-
culty and lead to a reciprocal interchange of kind
offices, and the establishment of a proper under-
-standing between them., The second cause of
uneasiness to which we have referred, namely,
that occasioned by the backward state of the
. season, seems now in a fair way of being remedied.
During the, last day or two of the past, and since
the commencement of the present month, a favour-
able change has taken place with respect to the state
of the weather, and, with a propitious continuance,
there is no present ground for apprehending
serious difficulty ; on the contrary, from the fine
condition in which the land has been left by•the
late severe frosts, and the probability of an
uninterrupted continuation of a mild or rather
warm temperature, there is every reason to hope
for a favourable result to the labours of the hus-
bandman. Even the money market, that delicate
harometer of the public well-being begins to
manifest . a more settled and satisfactory con-
dition of affairs, and the general impression is
.towards belief in an improving state of our com-
mercial relations.

Other, that is to say political causes of dis-
turbance—to which in our two last circulars we
considered it necessary to allude at some length
—seem to have in a great measure subsided, or
at least they have ceased to operate directly on
the general trade of the county, and the first
impression so made having passed away without
material detriment to any important interest, the
causes themselves have to a considerable extent
ceased to exercise any very decided influence, or
to be regarded with much anxiety.
PINE TIMBER.—The stock of this timber from Quebec
having received no augmentation since our last, and
the consumptive sale, merely by retail, having been to a
considerable, indeed a satisfactory extent, the stock on
hand has become very light. The incoming import
will necessarily, therefore, arrive in a bare state of the
market. From St. John the stock is also small, and the
sales effected since our last have been chiefly in retail
quantities.

RED PINE.—In this there has been but little busi-
ness done.

OAK continues in moderate demand ; but the sales
effected are chiefly by retail.

ELM AND Asx.—Of these the stocks still continue
large, with only a moderate business done, and no public
sales to note.

N.B. AND N.S. PINE AND SPRUCE DEALS.—Since
our last there have been several sales of these articles
by auction, at prices which have exhibited only slight
fluctuations, although, on the whole, the tendency has
been to lower figures. On the 4th ult., the date of our
last circular, from the yard, a portion of the cargo of
spruce, imported in the Yorick, from St. John,- realised
an average of £9 4s 2d. Since then sales of fine parcels
have taken place under similar circumstances, averaging
£9 is 6d, £9 is Od, £8 19s Bd, £8 19s, and £8 17s 10d.
On the 20th ult., 6,602 pieces pine deals, also from St.
John were sold in lots, at from £8 15s to £9 10s,
averaging 36 id; on the 27th, about 10,000 pieces,
ex American Union, sold at from £8 103 to £9 2s 6d,
averaging £8 15s 9d: Two lots of boards, amounting
to 12,000 pieces, realised from £9 Os. to £9 7s 6d per
standard. As is usual at this season, buyers are taking
quantities merely from hand to mouth, causing a very
unsettled condition of values, and obviously waiting to
ascertain the circumstances under which the new import
will be brought to market.
QuEntc DEALS.-,-Of these no public sales are reported.

HARDWOOD.—On the 20th ult. 47 logs, ex Great
Notthern, were sold in five lots, 19/ inch calliper aver-
age, realising 2s. 3d. per foot.
Plzen PINE.—The market is moderately supplied with
Pitch Pine ; and several 'sales to a small extent have
been effected, but altogether by private treaty.
GREENITEART.—In this there have been no public

transactions to record.
E. I. TEAK.—A large cargo of this has arrived since
the date of our last. It was bought to arrive.

BALTIC TI3IBER.—The transactions in this have been
unimportant, and principally by private treaty.

LONDON, FRIDAN EVENING.

In the LONDON MARKET for ENGLISH SECU-
RITIES, Consols have been rather heavy all day
upon money sales, and close dull at 95 3-16 to
,3-16 for money, and 95k to for June account.
Indian, 1061 to t.
The Funds closed at the following prices :
Consols Money -
t, Account . .
Excheqtter Dais 6 10
Bank Stock
Three per Cents 93
Neat Account
The following appeared in our second edition
of yesterday :

The Bank has not reduced its rate of discount to-
day, but the stock market has been well maintained,
partly in sympathy with the Paris Bourse, A further
sum of £BB,OOO, in gold, vtas sent into the Bank. The
telegraphic accounts from Bombay reach to the 11th. of
April, and show a favourable movement of 1 per cent.
in the rate of exchange, the quotation being 2s. 15-16 d.
A rise 'of 14 per cent. is announced in the rupee 5 per
cents., and 2 in the 51 per cents., the respective quota-
lions being 99 1051-.—Time. s.
The stock markets were decidedly strong to-day. The
more satisfactOry appearance of the money market, and
the continued rise on the Paris Bourse, inspire confidence,
whilst the improvement in the weather contributes to
relieve, uneasiness on account of the backwardness of the
season. Consols remain firm at the closing quotations
of yesterday.
• At the discount office at the Bank to-day the applica-
tions were more numerous than during the last day or
two, owing partly, probably, to preparations for the
bills maturing on the fourth. In other quarters the
terms for the best bills were 41 to 4i per cent ; for four
months' paper 5 per cent. was demanded, and for six
months 53 per cent.—Daily Yews.

In. the LONDON SHARE MARKET to-day there
have been occasional variations in prices, but.upoi
the whole great steadiness is shown..

The market closed steadily at the foll Owing
prices :

Ambergate, Not,, & East. Junction 6! I
Caledonians
Dutch Rhenish —
Eastern Counties
East „Lancashire
Edinburgh & Glasgow . . .
Great Northern
9, ' $, A.
Great Westerns 691 70
Great Western of Canada . . . 134,
Grand Trunk of Canada . . . . 81 . a
Great Southern & Western . . . 113 15
Lancashire & Yorkshire . . . . 10.5 ' 1
London & North-Western ' . . . 101/ 2
London & South-Western . . . 921 .•3 , ..
Leeds Northern . .. . . ... . 411 t
Manchester, Shoff., & Lincolnshire 411 2i-, '
Midland Stock
61 6 ''
North Britishf 5
i- ,-,-,
North Staffordshire

South-Ea.tern & Dover . . . . 871, •
York, Newcastle, & Berwick . . 96
York & North Midland . . . . 801
The following appeared in our second edition
of yesterday :
Yesterday the railway market opened with fresh
buoyancy. The increase in the traffic returns being:
especially favourable from contrasting with tho Easter
week last year, a• further rise took place. The Great
Northern shows the principal advance, the ordinary'
stock closing if per cent., and the A stock 3 per cent.
higher than yesterday. London and North Western
has also improved I, per cent., Midland, 2, and other
descriptions IF to 1, Lancashire and Yorkshire being
exceptionally dull.—Daily News.

The remarkable increase in the traffic
returns
British railways is attracting great attention -of
addition to the income of the leading companies.for l:the
he
current half-year has 'TOW -reached an amount -which
ensures a considerable increase in the dividends as com-
pared with the corresponding six months of 1859. It
is said that the minimum dividend of the Midland Com-
'piny 'will be at the rate of 61 per cent per annum ; that
of the Lancashire and Yorkshire, 51 per cent. per
annum.; and that of the London and North-Wbstern;
6 per cent. per annum.
The LONDON PRODUCE MARKET continued
.quiet.
• SUGAR steady ; West India sold at full rates.
COFFEE.Isro -public sales; market has a steady
appearance.

TLA.-441es of 12,000 paelcageq. Scekted
easier; in other sorts preview,
prices well supported.
RlCE.:—=guiet2 but firm.
, .
4.6)

~.)./.
T'.~: n_

SALT/TUE mtimics
,;.
The ,LoicDol/...' TALLOW ALutlat -to-day coii-
tinned steady, but inactive. Spot, Ms 6d;• May
alone, 5-1 s; May and June, 53s 6d ; October and
December, 511. s to .51s 3d. •

In the LONDON Cora litißKEi to-day rather
more liberal supplies of Wheat cause our millers
to.hold off, while operators =cease -to operate, and
so little is done that we can scarcely give quota-
tions. Barley firm. at Monday's rates, with fair.
inquiry. Oats 3d to 6cl dearer, with good sale.
Flour dull, and Norfolk 6d cheaper. Weather
fine.

BOROUGII HOT.—The.plantation accounts being
more favourable, the vine having made steady
progress within the last few days, the demand for
, .
nearly all kinds of hops is inactive; at about

previous quotations.
The following is the usual Bank of England
Account for the week ending May 2, 1860 :

ISSUE DE:
DETIIT. g
Notes issued 23,593,585

'ARTMENT,

CREDIT.
Government Debt.. 11,015,100
Other Securities.... 3,459,900
Gold Coin and 14,118,585
other Bullion...

1 .?a ~: =7f I £28;593,585
- , BANKING D
DEBIT. £
ProprietorisCapital 14,553,000
Rest 3,224,701
Public Deposits 6,871,69S
Other Deposits
Seven day and other 1 678,208
• Bills
, .
£21,760,840 I £38,760,840
' •
The following are the . rates of Foreign Ex_
chanlges :
Amsterdam, short.. ll 14 to 11 14-1
Do., . three months ll 16L to 11 16,
Rotterdam, do
Antwerp, do. 25 32 ; to 2.5 37 •
Brussels, do..
Hambuig, do '
Paris, short 25 10 to 23 15
Do., three months
Marseilles, do 25 35 to 23 40
Frankfort, do . •,.;,f., .l ll7l to nil
Vienna, do. l3 5.5 to 13 70
Trieste; do - 4... - • 13 - .55 to 13 60
Petersburgh, do.
Madrid, do 4O to 491

lEPARTMENT.

£28,393,58)

CHEMT. fa
Govt. 9,72R,943
Other Securities 21,900.666
Notes 6,366,505
Gold and Silver Coin 764,726

At the LONDON WOOL SALES to-day there has
been • a full average number of home buyers in
attendance. From the Continent, however, very
few dealers make their appearance. Nearly the
whole of the Wool offered was disposed of, at
yesterday's decline in quotations.

♦
PROVINCIAL, &c., MARKETS, YESTERDAY.

MANCHESTER SHARE.—Londons, 1011, 2 ;
Midlands, 11%; Northern A, 120.
GLASGOW IRON.—Market firm. No. 1,51 s 6d
to 52s Od; Warrants, 52s 6d to 52s 71d; No. 3,51 s 6d
to 51s 9d. Market quiet.
MANCHESTER TRADE.—Very firm market. The
ongagements on hand, while they limit business, point
to higher rates. Producers keep up to their full quota-
tions, and in some instances obtain an advance in the
current prices of last week, both in cloth and yarns.
CORN MARKETS.—WAKEFIELD : Wheat dull, and
to sell is lower, but factors do not press sales at this
decline. Othei articles steady.—Coax : Oate, 14s 4d to
14s 6d; barley, 205.--LDUBLI& : Wheat, oats, and bar-
ley, supply small, and all down Is ; foreign wheat no
demand ; Indian corn, retail demand, value about the
same as last day'; flour, but little doing. Weather very
fine.—BELFAST : Receipts from farmers moderate, and
demand less active. Whoat 4d lower; other articles
unaltered. At the Corn Exchange a very quiet market,
and little business doing, and no change to report in
price. Holders are firm.

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