The Daily Times.
Liverpool, Merseyside, England, 1860-12-07 00:00:00

COMNIERC lAL.

LIVERPOOL, THURSDAY EVENING.
Zip (10 .au Klatt.
In the Liverpool Cotton Market to-day, the
demand was more general, but, with free supplies,
prices were 1-16 to 1 lower than last week's cur-
rency. The sales—including 20 Pernambuco, at
9d; 30 Bahia, at 81d ; 70 Marnham, at 84d to 84d;
200 Egyptian, at 81d to 104 d; and 1,000 Surat,
at 41d to .51d—were reported 10,000 biles, of
which 2,000 were on speculation and.for eiport.
Cie ,Stare
The Liverpool Share Market to-day was firm
for all except Leeds Stock, which was rather
freely offered at the reduced quotations. The
transactions before three o'clock included—Cale-
donian, 964, a ; Eastern Counties, 101; Great
Western, 73,3; Lancashire and Yorkshire, 120,
911,1,1, ; London and North-Western, 1004, q,
Midland, 1354, 4, ; North-Eastern Berwick,
105 y, 4,4, 4; York Capital. Stock, 93, 4, 34 ;
South-Eastern, 251, 7-16, 4, 7-16; Grand Trunk
of Canada, 61; Illinois Central, 28.
The market closed at the following prices :
Sales after 3
Railways. Closing Prices. o'clock,
Birkenhead &Cheshire JP. 814 82
Caledonian - 964 964
Eastern Counties
Great Northern lOB4 1091
Great Westerns
Lancashire & Yorkshire
London &North Western-1001 1004 1004
Manchester, Shef., & Lin. 48 484
Midland Stock 1354 1354 1354 tl
Ditto new shares
North British..
North Staffordshire
North Eastern—Berwick lO5l —105 t
Do. York and N. Midland 94 941
Do. Leeds Northern 62 63
South Eastern ... 25 7-16 254
Oxford, W.& Wolverhptn 474 47,1
Dutch Rhenish -16 3 d
Great Luxembourg
.0 7..16 6 9-16--
Grand Trunk of Canada 6 1.46 64
Gt. W. of Canada lO4 11
Illinois Central
Buffalo and Lake Huron 5 5 1-16
Great Ship .. ss. 6d.— 6s. Od.
Thames & Mersey M. Co. 15-16 1 p ...-
ACCOUNT OR TICKET DAYS FOR DECEMBER, 1860.
London 13th & 27th Liverpool.... 13th &27th
PAY DAYS—Liverpool, 15th and 29th Dec.
DAYS FOR BUYING-IN FOR THE ACCOUNT, the 29th Nov.
Scrip.... 3rd Dec. I Transfer..loth Dec.
LAST DAY FOR 13TH DEC, ACCOUNT.. 12th Deo.

Z4c goirrittig Praha Tarhet.
The Liverpool Colonial Produce Market to-day
continued rather unsteady.
Sugar : The market remained inactive, and no
sales were reported.
Molasses The was nothing done in this article.
Rum : The business was confined to 50 puns.
Demerara, without change in prices.
Coffee : 20 tierces Jamaica changed hands at
72s to 73s 6d per cwt.
Rice : 1,000 bags Arracan, all faults, were re-
ported at lOs 9d per cwt for second class damaged.
Ivory : About 10 tons of African were offered
by auction ; Angola Teeth realised former prices,
whilst the white qualities were in less demand,
and rather lower rates were accepted. All the
large Gaboon Teeth were withdrawn, there being
no disposition to purchase.
Jute : In auction this article was all withdrawn;
by private, 500 bales were reported at £l6 15s
per ton.
Pimento : We have to notice 65 bags at 30
per lb.
Gambier : 100 bales sold at 16s 6d for heated,
and 17s 3d per cwt for sound.
Zip Zitubtr ark t.
(From A. F. D. 3reedaty's Timber Circular.)
Since the date of our last circular considerable
disturbance, accompanied by some anxiety, has
been felt in commercial circles, occasioned by the
state of the money market. A drain of gold,
chiefly towards France, had been going on for
some time previous, and, in addition to that, a
noticeable export of bullion to our Eastern posses-
sions induced the Bank of England to raise the
rate of discount, first to 41' then to 5, and even-
tually to 6 per cent. The latter rate, however,
was not of long continuance, and a return to dis-
counting at 5 per cent. was announced on Thurs-
day last. This has had a gratifying effect among
all classes of mercantile men ; for, though absolute
scarcity of money was never felt, the price of
pecuniary accommodation was found to be a
serious impediment to the profitable pursuit of
commercial undertakings. While this cause for
satisfaction was being brought into operation, an
additional, though not unexpected, disturbance in
the money market was again created by a demand
from America for gold ; and such is now known
to be the urgent condition of the monied interests
in the United States, that a considerable efflux of
gold from England to that country has already
taken place, and in the best informed circles this
thidraindemandis
will be
to exist for at least some little
time to come, although it is not anticipated that
standing continuance. Notwith-
standing of long
disturbingeetuati
ncauses,sto which they gave
rise, the uneasi-
nessave
as well as fl
it i• ,acisfactory to know that thegeneral
tone
of business in the British markets isstrong
and healthy; and that so far as can be judged
by present appearances, the opinion is justified
that the close of the year will find the state of
commercial matters moderately easy, and, on the
whole, encouraging.
As regards the trade in Wood, it may be said
to differ little, if at all, in general character from
the leading features which ordinarily distingush
to with-
hold
as
their orders, except f
it at this period of the year. The necessity for
an early settlement of carriage dues and other
charges which always takes place at the close of
e
the year, induces consumers
()art as distance
materialsstanc
will enable them to meet pressingradeermdaineadrsy, andeir
hence December, unless under ext..
tmheornethfo
still
r
eurcsNinees, is rather a dull than brisk
business. Apart from this, however,
exists a fair consumptive demand for useful timber,
with encouraging prospects for the ensuing year.
On the other hand, goods of particular kinds,
which have been rather profusely brought forward,
experienced a languid demand at somewhat droop-
ingppreices ; but even in these cases there appears
geed reason to hope for an improved market.
Pine
Timber : The trade in this article from
Quebec has been lively, and prices have been

hardening without showing any present indica-
tions of receding. This state of affairs nay be in
some measure accounted for by the limited amount
of tonnage which has been devoted to the trade,
a large proportion of the vessels usually employed
in it having been taken up for the conveyance of
grain, and this by increasing the rates of freight
has deterred shippers from exporting, timber.
From St. John, the supply continues limited, and
the use of it is considerably superseded by the fine
board timber 'froth Canada.
Red Pine: This article is worth from 20d to
24d per foot, according to average size and
quality.
`Oak still meets with a fair demand, and prices
arc better.

Elm : This wood is in fair demand, with prices
ranging from 18d for 25 feet average, to 27d for
large and fine.
N.B and N.S. Pine and Spruce Deals have been
imported to a moderate extent, and the demand
for them has been fair; but, latterly, considerable
quantities having been pushed on the market by
auction sales, an impression seemed to have gained
ground on consumers that they might be supplied
on easier terms, and at periods to suit their own
convenience, which induced a hesitancy in pur-
chasing, even at a reduction from the current
rates, and caused a large proportion to be with-
drawn. Since then, extraordinary means have
been adopted to force sales, and the market has
consequently become dull and languid.
Quebec Deals : A good consumptive clehtantt
exists for these ; more especially for the better
qualities of yellow pine.
Hardwood : St. John's is in good demand, and
worth from 18d to 22d per foot, and other porti
at proportionate rates.
Pitch Pine A parcel 'consisting of about 400
logs of 76 feet average, from Savannah, realised
by auction, on the 28th ultimo, an average of
21.1 d per toot.
Greenheart : Of this there are no sales to report.
t.I. Teak : The market is cleared of this article.
Baltic Timber : A few small cargoes have been
brought forward, chiefly on dealers' account.

LONDON, THURSDAY EVENING.

In the LONDON SiOCK EXCHANGE to-day
the Funds were steady at the closing prices of
yesterday. This was settling day in this depart-
ment. In the Share Market the only feature of
interest was a fresh advance in Midland.% and an
improvement in Pernamlnrco Railway Shares.
The renewed dulness of the Paris Bourse, and a
full of per cent, there) 'contributed to check the
tendency to improvement.
The market closed at the following prices:—