The Northern Daily Times.
Liverpool, Merseyside, England, 1853-12-24 00:00:00

Ash

001 worth less than 10 c per lb. ..:674,111 201,000
It is proposed to remove the fishing bounties
'A the salt duty.
!„lt he Secretary states that the San Francisco
t" nit is to be done by contract, February 1, and
the, New York Assay Office, March 1.
bxhe Cotton Market throughout the week has
een tolerably firm, and there has been no material
11,4riation in prices. The total business of the
4,71 z amounts to 45,460 bales, of which 6,170
I,,erican, 170 Bahia, 630 Egyptian, 100 Madras
tivuo Bengal, and 4,460 Surat have been taken on
I.,,A!culation. and for export, whilst the purchases
"reonsumption have been 32,930 bales.
There was a good deal of excitement on our
Stock Exchange to-day, caused by the various
egraphic messages from London. Towards the
't.Q.se however, there was a slight reaction, and the
prices, which we annex, are a shade higher
ap those current at an earlier period. Caledo-
nians, 27'- to ; Eastern Counties, 131 to A. Lan-
aB and Yorkshire, 671 •to I ; London and ;North
b eStern, 1031 to 4; Midland, 631 to -a; North
it'lltish, 8 to it- ; South Eastern; to ; York
11 North, 24 to 71,; Sheffield Stock, 24 to t.
iThe business done at our Corn Exchange
f 4 only limited, and there was an evident in-
ILBPosition on the part of the trade to purchase
e,Yond what would supply their immediate wants.
iCour may be quoted from 6d. to 9d. per barrel
Wer, and wheat declined about two-pence per
bushel. Oats were rather dearer, but in other
tt 'tides there was no change.
~111 the London Produce Market the demand shows
t,eady increase throughout the week. In Sugars
44ere was a large business done. Yellow Havan-
d'hs were last quoted 355. to 365. duty paid.
tree sold. largely at full prices. Native Ceylon,
8. 6d. to 50s. Plantation, 58s to 70s. The tea
tide was also very active at higher prices.
tv°lv Congou sold at ls. 2d. to ls. 2-4 d. Tallow
!ts in increased demand. P.Y.C., 58s. 3d. to
ed. 6d. on the spot. The cotton market continues
is°4v37. The sales are small, but prices remain
"itady.
The London Corn Market opened with consi-
derable buoyancy to-day, but the the sales were
:usually small for this season of the year. There
Os a small supply of English wheat on offer, and
ilse arrivals of foreign have been only moderate.
she top price of town-made flour was. very un.
eady. Country marks and American flour have
. •
b tamed the late advance. Peas, beans, and
1,,,4,11ey were steady at former rates. For oats there
f,"„s a more active demand, at full prices. The
ligovving are the official returns of the arrivals;_
,titish wheat, 760 qrs. ; barley 1,890 ; oats, 770 ;
(744, 3,250 ; flour, 1,920. Irish barley, 2,830 ;
p,,k,ts, 15,730. Foreign wheat, 920 ; barley, 1850 ;
19580 ; flour, 10,120 barrels.
The Manchester Stock Market was unusually
tr've to-day, and a large amount of business was
L'Usa.eted. Caledonians were in demand at 27 to
L 4; Eastern Counties, 13a; East Lancashire, 1 ,
it,ueashire and Yorkshire, 67-1- -1,--; North-Western,
1'01; Sheffield, ; Midlands, 63-2.; North Staf-
tiht,cls, dis. ; Dovers, 18'4 15-16 4,„; Shrewsbury
-4 Birmingham pref., 101 ; Leeds, 671- to 677;.
The Leeds Stock Market opened briskly, and
Arici,s were well sustained throughout the day, and
Baled firmly, Lancashire and Yorkshire, 601
*idonians, 271; Eastern Counties, 131.; Dovers,
I\e,_,; North-Westerns, ; Great Northern 21-k;
lands, 64.
~,'u
th,4.11e London Stock Exchange was much agitated
Ic4ighout the business hours of to-day. Every
c,,lllaginable disturbing rumour was kept in active
' hillation and the consequence was a decline of
Ittlr cent in the value of stocks. Consols opened
4,1 and closed 93 6-4 to 932, Three-per-Cents.
65,ueed24 ?it, Three-and-a-Quarter per Cents 961
Bank stock 219, Exchequer-bills 3s to 6s. p.m
dalhe Foreign Stock Market was more active to
I).J, but prices generlly were heavier, Russian
ter Per Cent. Bonds 112 to 112; Spanish De-
red 22 to • 22g; Mexican, 65t ; Peruvian Four-
-7z14 Half per Cents. 683
" 'Udine in the value of Railway Shares was

not as heavy as might have been expected, consi-
dering the depressed state of ithe funds. Caledo-
nians, 56 to 55k; Great Westerns, 84 to 831; Lan-
cashire and Yorkshire. 07-t to 671 ; North Westrens,
104 to 1.031; South Westerns, 782 to 78 ; Midlands,
631, to 638; North British, 10s. lower. Luxem-
bourgs (151. paid), at 111; Sambre and Meuse, 91-;
Namur and Liege, 8-4 ; Bombay and Baroda Rail-
way Scrip (2s. paid), 2s. 6d. prem.; Bank of India
Shares (21. paid), dis.; Union of Australia, 74;
London and Westminster, 20 prem. ; Australian
Agricultural Company's, 46 ; Crystal Palace, 28 to
21 prem.; Peninsular and Oriental Steam, 6 8 ex
div. and bonus.

The bar silver brought in by the last West India
steamer was sold yesterday at 61f,.1. per ounce. A
considerable quantity of the 800,0001. of gold from
Australia, brought in by the Victoria steamer, has
been sent into the bank, and a small portion gold
for exportation.
On the London 'Change, the price of Tallow (on
the spot( advanced again to-day, and twenty five
tons of P.Y.C. sold at 58s. 9d. por cwt. ; also, 800
tons of St. Petersburg clean Hemp at 361. 10s. per
ton. The advanced quotations indicate a restric-
tion in the trade with Russia ; in fact, many of the
English merchants have left St Petersburg, fearing
an interruption in their pursuits.

BANK OF ENGLAND RETURNS.
An Account, pursuant to the Act 7th and Bth Victoria, cap
32, for the Week ending on Saturday, December 17*
1853.

ISSUE DEPARTMENT.

Debit.
Notes issued .. £28,729,730

£28,729,730

Credit.
Government
Debt .. .. L I 1,015,100
Other securities 2,984,900
Gold Coin and
Bullion .

14,729,730

Total .... £28,729,730

:PA RTMENT.
Credit.
Government se-
curities £15,043,730
Other securities 16,237,015
Notes 8,124,105
Gold and silver
coin

Total .... £40,118,376

13,974

686
4,566
5,353
4,312

730
3,833
4,701
3 832

SHARE MARKET, LONDON
iCt PRICES.

Friday, December 23rd, 1853.
London and N. W .103 a 4
London and S. W..... 78 9
Manchester, Sheffield, &
Lincolnshire ......23i 4i
Midland Stock 62
North British 314 2*

Do. Preference
Norfolks

North Staffordshire ..
Shrewsbury and Birm.
Do. L. and N. W. guar.

South E. and Dovei• ..62 3
York, New., and 8er..63i 44

Do. Extension
Do. Preference

York and North Mid 47i SI
Do. Preference dis par
FOREIGN STOCKS.
Mexican 23i
Spanish New Deferred _

'Do. Passives 214 2

Do. Threes 41 i
Russians ll2 14
Do. 9B 9
LAND SHARES

45 6
Agricultural
North 11. Australian
.... ir I
II
Peel River
39 41 South Australia

RUSSIA AND TURKEY.

PROGRESS OF EVENTS

(From our Second Edition of Yesterday.)

Further details are given of the battle of Sinope.
Although the Russian admiral knew the Turkish
squadron was already inferior in force, he sent a
steamer to Sebastopol to fetch three line of battle-
ships of 120 guns, and did not commence opera-
tions till they had arrived. Several of the Turkish
ships were blown up by shells. The firing com-
menced between 9 and 10 a.m., and ceased at
2. Three frigates were on flames, and the
transports altogether sunk. The Turkish portion
of the town was on fire, but, by one of those por-
tents which only occur in these sacred struggles,
the Russian bulletin states that the flames ne-
glected the quarter inhabited by the Greeks. It
does not appear that any portion of the crews or
treasure on board had been landed. On the follow-
ing morning, nothing remained of the 12 vessels
comprising the Turkish squadron, except a sloop,
and a corvette run ashore, and the Damietta, Egyp-
tain frigate, all of which were ordered to be burned.
In these small vessels were found the admiral
Osman Pacha wounded in the leg, a few officers, and
about 80 men. These appeared to be the sole sur-
vivors. It is impossible to have further proof that
this catastrophe was not the result of a casual en-
counter, but a deliberate assault on the vessels of
Turkey, and the town of Sinope, supposed to be
under the protection of the combined fleets.
The Times has a leading article on the
Russian bulletins and the religious thanksgiving,
for their so-called victories, condemning in the
strongest terms, their falsehood and hypocrisy.
The dates would show that the bold and sea-
manlike proposal of Admiral Dundas, to immedi-
ately pursue the Russians and cut them off from
Sebastopol, was feasible. The sharp though
ineffectual attack upon Fort Matsehin on the
Danube, removes meanwhile all doubt from the
character which Russia gives this war.
With respect to the entry of the combined fleets
into the Black Sea, the article remarks, " that a
collision will ensue, when naval forces are placed
in such a position, is extremely probable ; and the
Emperor of Russia, foreseeing that such a result
cannot long be avoided, may anticipate it by the
declaration of a rupture. The manner in which

.ese attacks have been conducted, and the

tone in which these victories have been celebrated,
is sufficient proof that the Emperor will not easily
desist from the war ; and though we regret none
of the protracted efforts which have been made to
avert so great an evil, we ars not the less prepared
to meet it in the last resort by a vigorous
resistance.