The Northern Daily Times.
Liverpool, Merseyside, England, 1853-12-03 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, FRIDAY EVENING.

Considerable anxiety manifested itself in the
London Money Market, yesterday, after the official
closing, and again to=day, as to the heavy amount of
Austraian bills which fall due to-morrow. But the
advices from Sydney and Melbourne, via Singapore,
which reach to the _ 6th Sept., soon dispelled the
gloom that seemed at one time to forebode a crisis.
From Ballarat, Canadian Gully, and other districts,
the yield of gold reported would, in other ages, be
considered perfectly fabulous The Geelong Adver-
tiser states, that one party at Prince Regent's Gully
washed out in six hours 901bs. of gold, and in three
days had obtained 1,960 ounces : the hole was
expected by the party to yield at least 10 to 12 cwt.
A nugget, weighing 114 ounces 10 dwts., had been
found in this Gully, at 25 feet depth. The yield of
gold for the week ending 28th August had been
unprecedented. In the neighbourhood of the
Canadian Gully, such a quantity of the metal had
been taken out that we feel a diffidence in quoting
it. From 1401bs. to 1501bs. have been obtained in
a short time from claims in this quarter ; in addi-
tion to this, the vein at the gravel pits has been
recovered, and 871bs. weight was taken from one
bottom without driving. The legislative council of
Sydney had agreed to raise 100,0001, on debentures,
secured on the territorial revenue, which amount
was to be expended in keeping up the stream of
immigration to the colony to supply the great want
of labour. The wharves were crowded with goods,
the rate of storage extravagantly high, and several
vessels had been at anchor one month with full
cargoes on board, .without any attempt being
made to discharge them. The Lieutenant-Governor
of Victoria had intimated his intention to submit a
bill to the council for abolishing the license fee,
and it was conjectured that a gold duty would take
its place. It was also stated that the governor
proposed levying a duty on sugar. With these ex-
traordinary advices in hand we may expect a
very decided reaction in the Stock and Share
markets. The scarcity of gold cannot continue to be
a disturbing cause for any length of time. Consols
closed 944 to 95 for money and account. Three
and-a-quarter per cents., 95i to 958. Reduced,
931. Bank Stock, 217 to 219. Exchequer Bills,
3s. to 6. prem.
The Foreign House was almost deserted to-day.
A few trifling transactions only are reported, and
those were confined to a limited amount of Sar-
dinian, Dutch, and Russian Stock.
The Share Market was much agitated to-day, and
after considerable fluctuations closed. Great North-
erns, 851 to 86; Caledonian, 55;b1 to 551 ; Lanca-
shire and Yorkshire, 661 to 67 ; Leeds Northern,
134 to 14; Manchester, Sheffield, and Lincolnshire,
23 to 24; Midlands, 31 to 32; North Staffordshire,
51 to 58 ; York, Newcastle, and Berwick, 64 to 65 ;
York and North Midland, 48 to 49 ; North British,
31 to 32 ; London and North Western, 102 to 1024.

The reports of the London Corn are in favour of
the trade and the consumer. The Wheat trade
closed flat, at Monday's prices. Foreign dull.
Barley, Beans, and Peas, very slow, sale. Oat trade
very flat, except for fine. Seeds unchanged.
The Produce Markets continue quiet and steady.
The sales of West India sugar amounted to 500
hhds:, prices unaltered; refined, flat and easier;
brown lumps, 435. 6d. ; foreign more in demand ;
a cargo of yellow Havannah sold for Bristol at
245. 6d.; coffee quiet, native Ceylon, 475. to 475. 6d.;
plantation, 555. to 655. ; tea, quiet, common congou,
ls. 3d. to ls. 31d. ; rice less wanted, but not
cheaper, pinky Madras, 13s. 6d. to 14s. ; cotton,
very flat at barely last week's prices; tallow firm,
at 565. 9d. to 575. on the spot.