The Northern Daily Times.
Liverpool, Merseyside, England, 1856-05-17 00:00:00

THE NORTHERN TIMES.-LIVERPOOL, SATURDAY, MAY 11, 18n.

MONETARY AND COMMERCIAL,

LIVERPOOL, FRIDAY EVENING

The total business done in Cotton this week
has been 38,880 bales ; of which 7,770 have been
taken on speculation, and 3,210 for export. The
market throughout has been tolerably steady, and
prices are the same as on this day week.
The Liverpool Share Market opened this
morning with some firmness, and' continued to
improve throughout the day, closing at the follow-
ing prices :—Aberdeen, 13 13/. Chester and
Birkenhead, 151 16. Caledonian, 303 301.
Chester and Holyhead, 16 16k. Eastern Counties,
10-1 101. East Lancashire, 1n 19k. Great
Northern, 231 24/. Ditto A, 9,-1 103. Great Western,
62 623. Lancashire and Yorkshire Stock, 91 918.
Liverpool, Crosby, and Southport, 17 171. London
and North Western Stock, 1014 102. Manchester
Sheffield, and Lincoln, 20a 291. Ditto Pref., 11;'1, 11,1
Ditto New 6 per cent. Pref , -Zp. Midland
Stock, 77/ 773. North British, 81 84. North
Staffordshire, 6 51d. South Eastern and Dover,
21 11-16 21 13-16. York, Newcastle, and Berwick,
20/ 201. York and North Midland, 281 29.
Leeds Capital Stock, 15k 16. Buffalo and Lake
Huron, 13 lip. -Dutch Rhenish, la 13p. Great
Western of Canada, 21 7-16 213. Ditto New
Shares, 3 9-16 3 11-16 p. Ditto 2nd issue, 3 9-16
3 11-16 p. Great Luxembourg, 8 7-16 8 5-16 d.
The Corn Market has been very quiet, and the
tendency of prices has been towards a decline.
We quote the following report of the Tallow
Market from the circular of Mr. F. J. Eaton :

Small sales of Petersburg Y.C. are reported at 48s to
49s per cwt, 150 hhds N. American, at 45s 9d to 46s for
middling, and 49s for fine, and a few lots of E. I. at 40s to
44s per cwt. The London market again shows symptoms
of depression, although the deliveries still keep large; the
closing prices yesterday were 45s 9d to 46s spot, and 45s
to 45s 3d per cwt for Oct. and Dec. The half week delivery
is 1,706 casks, against 806 casks last year, and the stock on
the 12,h was 16,607 casks, against 40,843 casks in 1855.

We have advices frOin Akyab to the 27th of
March, and quote the following trade report from
Messrs. Wienholt, Mohr, & Co.'s circular:—
Since our report of the 10th inst., we received on the 13th
inst. the Overland Mail of the 26th January, and, on the 17th,
later advices up to the Bth February via Bombay per tele-
graph up to Calcutta, and thence, per steamer, both mails
reporting falling markets of grain in consequence of the pro-
bability of peace. It was expected that such news would be
accompanied by withdrawals of ships and orders to a considerable
extent ; this, however, has not been the case, and, out of the
arrivals since last mail, only two vessels have left Belfast.
Cholera has been very prevalent in our province, and particularly
in Akyab, this season, and the encreasing epidemic has created
such a panic amongst the natives, that the labourers—coolies,
from Chissagang and the coast, who make a temporary stay here,
during the season, in search of work—are leaving by thousands.
The work, in some of the storehouses of our shippers, has,
consequently, come to a stand still, and the large stocks of
paddy, in the interior, cannot be unhusked for want of hands.
Arrivals, of rice, therefore, have been very small latterly, the
little coming to market is of inferior quality, contains a larger
per tentage of paddy, and is not near enough to satisfy the
demand for the amount of tonnage waiting for cargo. This
caused prices which ruled at from 61 to 64 rupees on the
departure of last mail, to pursue an upward tendency, and,
during the last week, 63 to 65 rupees (equal to 7s 5d to 7s 8d
free on board) have been the ruling rates. We have not
to report such heavy arrivals of ships as by last mail, and, as
but very little tonnage is expected in April or May, as compared
with last year, exports will fall short of last season, and a con-
siderable stock of paddy will remain on hand.

Advices have come to hand from New York, per
Arago steamship, dated the 3rd instant. In the
Stock Market some large sales had occasioned
heaviness in railway securities, and the Money
Market was not so easy as it had been at the close
of April. The shipments of specie during that
month had decreased more than one million
dollars, whila an increase of nearly the same
amount had occurred in the shipments of do
mestic produce. The total imports into the port
of New York for April, 1856, amounted to 20,057,835
dols, against 9,107,465 dols in 1855; and the totals
from the Ist of January were respectively 71,929,140
dols, and 44,307,831 (lois ; and the exports
31,431,017 dols and 29,407,513 dols.

A telegraphic despatch from Madrid of the 15th
instant, states that the capital of the General
Credit Company of Spain, has been officially veri-
fied and constituted by the delegate of the Spanish
government. This company are to lend twenty
millions of reals to the government, and a general
meeting of shareholders is called far the 29th
inst., to take these matters into consideration.

BANK OP ENGLAND FLItTURNS.
An Account, pursuant to the Act 7th and Bth Victoria, cap.
32, for the Week ending May 9, 1856.
ISSUE DEPARTMENT.
Debit. ' Credit.
Notes issued £23,633,820 Government
Debt
Other securities 3,459,900
Gold Coin and
Bullion

9,158,820

£23,633,820 I Total .... £23,633,820

BANKING DEPARTMENT.
Debit. Credit.
Propri3tors' ea- Government se-
pital
Rest
Public deposits 3,033,588 Notes 3,690,990
Other „ 10,613,914 Gold and silver
Seven day, and coin
other bills.. 836,812

Total .. £32,270,681

£32,270,681

The foregoing Bank Returns show the following
results when compared with those of the preceding
week :—Notes issued, decrease, 22,6201; bullion
in both departments, decrease, 28,2991; rest, in-
crease, 25,607/ ; public deposits, decrease, 838,2111;
other deposits, decrease, 192.1761; seven clays'• and
other bills, increase, 17,7071. On the credit side,
government securities have decreased, 1,092,4301;
other securities, decrease, 148,989/ Notes unem
ployed, increase, 260,1151, Actual circulation,
19,942,8301, decrease, 282,7351.

The Funds to-day showed continued buoyancy,
and closed at a further advance of j per cent, the
closing prices being quoted at 94 94k. This rise
was in face of a general demand for money to meet
the ten per cent deposit on applications for the new
loan. In the Stock Exchange the rate for short
loans on government securities averaged six to
seven per cent. In Lombard-street, and elsewhere,
the pressure was considerable, and this afternoon
the supply of money was exceedingly small, This
circumstance is not surprising, considering the
magnitude of the subscriptions which are known to
amount to many times the sum required by
G-overnment. In fact, the prospect of a heavy
subscription seems to have induced each applicant
to write for as large an amount as possible. Thus,
for instance, parties desirous of obtaining 10,0001.
stock in the new loan apply for 50,0001 or 60,0001.,
or even more. All parties concerned in monetary
affairs will now look with impatience for
the release of the surplus deposits, which will
doubtless be effected as speedy as possible after
the adjudication of the loan on Monday morning.
At Paris to-day the Three-per-Cent. Rentes
closed at a rise of an or per cent. It is an
important fact that the whole of the 337,000/. in
gold ex the Ocean Chief, Statesman, and In-
vincible, was yesterday and to-day pur-
chased by the Bank.. Specie continues to
flow in freely from the United States to Europe.
The subjoined are the closing quotations of the
Foreign Exchanges :—Amsterdam, short, 11. 183
to 11 19i. Do., three months, 12 1+ to 12 13.
Rotterdam, do , 12 1i to 12 1. Antwerp, do ,
25 65 to 25 70. Brussels, do., 2r9 65 to 25 70.
Hamburg, do., 13 111, to 13 11i. Paris, short,
25 373 to 25 423. Do., three months, 25 723
to 25 774--. Marseilles, do., 25 723 to 25 773.
Frankfort, do , 1214 to 121,1. Vienna, do., 10
21 to 10 2-.. Trieste, do., 10 21 to 10 26
Petersburg, do., 36i to 86a. Madrid, do., 493 to 49a.
The final prices of Railway Shares stood as
follows :--Caledonian, 618 61a. Eastern Counties,
11:490r3t-L6rln, 10 57
76. Do. A, 704 804. Great West_
ern East Lancashire, 763 773. Great
ern 611 624. Lancashire and Yorkshire, 901 914.
Londoh and North Western, 1011 102. Atanehes
ter, Sheffield, and Lincolnshire, .291 .30. Midland
Stock, 771 77e. North British, 35 36. Sotith
Eastern and Dover, 721. York, Newcastle, and
Berwick, 802 814. York and North Midland, 5.4

LORD PANMURE AT MANCHESTER •—T he Right lion.
Lord Panmire, Minister of War, has been spending a few
days at the residence of Mr. 'Whitworth, engineer, the
Firs, near Manchester. On Wednesday his lordship
visited Peel-park and the races, and dined afterwards with
Mr. Whitworth, the Mayor of Manchester, and a few of
the leading citizens, at the Firs. On Thursday, his lord-
ship was to witness some experiments with Mr. Whit-
worth'd new field piece. Lord Hardinge, tho Commander—
in-Chief, visited Mr. Whitworth some day's ago for a
similar purpose. There is no doubt that this new inven-
tion in gunnery is destined to achieve results hitherto
unheard of in field artillery.