The Northern Daily Times.
Liverpool, Merseyside, England, 1856-06-28 00:00:00

--LIVERPOOL, SATURDAY.

MONETARY AND COMMERCIAL.

LIVERPOOL, FRIDAY EVENING,

Last weeli the Cotton Market closed with a dull
and rather depressed feeling, but the return of fine
weather and the increasing facilities of the Money
Market have influenced during the past week the
manifestation of renewed confidence both on the
part of the trade and speculators. The sales of the
week amount consequently to 55 760 bales, 41,820
of Which have been taken for home consumption,'
1,700 for export, and ltZ 240 for speculation, and
the tone of the market has been uniformly rather
adverse than otherwise to buyers—holders, how-
ever, have upon the whole met the demand freely,
and we are linable to notice any definite change
from the prices of Friday last, except in the
medium qualities of American descriptions, which
must be considered to have advanced about 1.-164
per lb. The sales to-day are estimated at 1.0,000
bales, 3,000 of which are for speculation and export.
—a firm feeling continues to characterise the
market. The committee's quotations. to-day, for
lair Cotton is as follows :—Bowed, 60.; Mobile,
60.; and Orleans, 611. per lb.
_ _ _

The Liverpool Share Market opened with a very
firm tone this morning, and with a good business
zyadually improved, and closed firm, at the
highest point of the day, at the following
quotations :—Aberdeen, 14 141. Chester and
Birkenhead, 1.71 171. Caledonian, 311 311. Chester
finlvhead 1014 • 161 Eastern Counties, 10 15.10
. .
11. East Lancashire, 21 211. Great ,Northern.
24 24k. Ditto A, 91 10. Great Western, 62 621
Lancashire and Yorkshire Stock, 97,1 971. Liver-
pool, Crosby, and Southport. 181'184
North Western Stock, 1051 105 k

London and

Manoliester

Sheffield,'and Lincoln, 34f, 34i. Ditto Preference;
12 124. New 6 per cent. Pref., -2- in. Midland
Stock, 831 831. North British, 9-1- 98. North
Staffordshire, 6 sid. South Eastern and Dover,
221 22;1. York, Newcastle, and Berwick, 211,
22. York and North Midland, 308 30,1. Leeds
Capital Stock, 19k 19i. Buffalo and Lake Huron,
11 lap. Dutch Rhenish, 21 21p. Great
Western of Canada, 26 5.16 26 7-16. Ditto New
Shares, 3a Great L►►xembourp, 88. .

The Liverpool Corn Market has been quiet
to-day, and prices, under the influence of fine
weather, have had a downward tendency.

We quote from the circular of Mr. P. J. Eaton,
the following report of the Tallow Market
There has again been a good business doing, chiefly for
forward delivery, some large sales of P. Y. C. to arrive have
been made at 47s to 48s per cwt, and on the spot at 47s 6d
to 48s per cwt ; 400 cks N. and S. American changed
hands at 46s 6d for fair, up to 48s per cwt for good
quality. There has been more animation in the London
market, at an advance of is per cwt,:the closing prices last
night being 47s per cwt on the spot, and 48s per cwt. for
Oct. and Dec. The half-week delivery is 1,155 cks against
1,029 last year, and the stock is now 18,080 cks against
47,523 in 1855.

The business transacted during the past week in
Colonial produce has not been very extensive.
There has been a firm market for all descriptions
of sugar, but previous rates have not been exceeded,
There has been more enquiry for Native Ceylon
Coffee, and steady rates have been realised, but
Cocoa and Tea have been very dull, and rather
cheaper. Rice has been heavy at a decline of 6d
per cwt.' Saltpetre has continued firm, and Cochi-
neal has realised a slight advance. In Rum few
transactions have been reported, but prices have
remained steady. The Tallow Market has sl4,htly
improved.
The annual meeting of the General Mining
Association was held to-day, when a dividend was
declared for the half year of 10s. per share, free
from income tax, making 20s. per share for the
whole year.
At a meeting of the Canada Company, held to-
day, the dividend declared was 3/. per share, free
of income tax, payable on the 10th of July next.
The financial statement shows a balance of 38,4841,
and after the payment of the dividend there will
remain 6,540 l

A telegraphic despatch from Turin states that
Count Cavour has officially announced that the.
Credit Mobilier Profinno, founded in that city, is
not specially authorised by the Sardinian govern
mont, and that it is simply a society en corn
mandite. formed in the usual way. This announce-
ment has- created some surprise on the Paris
Bourse, where the stock has been dealt in as the
Credit Mohilier- Society of the Sardinian States,
under the auspices of the government.
The Bank of France has notified that the first
half-yearly dividend of 185 t is fixed at 137 fr. per
share, and will be payable to the shareholders, or
their agents, at the office of the Bank on the Ist
July next.

Advices from Lubeck to the 22nd inst. state that
the wool fair at that city had commenced on the 20th
and closed on the 21st. The quantity brought for
sale amounted to 22 450 stone of 221bs each, being
about 2,000 stone more than the preceding year.
The wools consisted chiefly of Mecklenburg and
Holstein, and the remainder from Denmark and
Sweden. Buyers were more numerous than during
the preceding year, and a less quantity remained
unsold. There were many purchases made on
account of England and France, but the principal
transactions were conducted by Mecklenburg, Hol-
stein, and Berlin houses. The prices obtained in no
case were lower than in 1856, while the greater por-
tion realised an improvement of 4to rixtlialer on
common wools, and from Ito 1 rixthaler on fine.
Ordinary qualities brought 12 to 13 rixthalers, and
fine qualities from 15i to 171 rixthalers. Although
the producers and merchants having wool to sell
did not stand out for any great advance in price,
yet, during the first part of the fair, they did not
press for sales. This was met on the part of
buyers bv liberal offers, which were generally taken,
and the business of the fair closed satisfactorily to
all parties.
The correspondence which has taken place
between the Hon. East India Company and the
directors of the Bombay and Baroda Railway
Company, relative to the amount of the survay
and preliminary expenses. has been printed. The
outlay has reached 34,2771 lOs 7d, but the East
India House refuses to admit a larger sum than
28,8001 for the purposes mentioned. A committee
of seven gentlemen has been appointed to confer
with the directors " as to the best mode of carry-
ing into effect the special agreements which were
made with the chairman, the secretary and. the
engineer of the compan3%"

tendency is also decidedly improved. Buoyancy
is especially observable in the Railway Market.
In the discount market the supply of money
to day was. again abundant. At Paris to-day,-
the Bourse was sensibly firmer. The closing
quotations of the Railway Shares stood as
follows :—Caledonian, 63 631-. Eastern Counties,
10-j-, 14. East Lancashire, 84 86. Great Nor-
thern, 96 96/. Ditto A, 79 80. Great Western,
63.1 631 Lancashire and Yorkshire, 071 981
London and North Western, 1051 106. Man-
chester, Sheffield, and Lincolnshire, 35 35/. Mid-
land Stock, 83/ 84. North British, 38 39. South
Eastern and Dover, 051, 651: York, Newcastle.
and Berwick, 87 88. York and North Midlaud,
6:21, 621.