The Northern Daily Times.
Liverpool, Merseyside, England, 1856-01-01 00:00:00

TUESDAY, JANUARY 1, 1856,

MONETARY AND COMMERCIAL.

LIVERPOOL, MONDAY EVENING

There has been no change of importance in the
tone of the Cotton Market to-day, and but a
moderate business has been done, at steady prices.
The sales amount to 7000 bales, and include 1000
taken for speculation, and export. The accounts
brought by the America, advise unusually large
receipts at the ports, viz., 143,000 bales for the
week ending the 19th December, and considerable
exports also to this country, viz., 62,000 bales.
The latest telegraphic advices from the South
report, however; a rise in prices ; middling being
quoted at New Orleans on the 19th, at 9 cents,
which with Id freight, is equal to 58d to 6d per lb.
laid down here. From the Annual statement of the
Cotton trade made up to-day, we leant the
following :

That the aggregate Import of :the past year has been
2,278.145 Bales, against 2,172, 730 last year. The import
into 1 iverpool has been 2,142,739 Bales, of which 1,608,607
have been American, 134,442 Brazil, 111,846 Egyptian,
279,859 Surat and 7,985 Sundries; against 2,065,887 bales
last year, 1,634,200 of which were American,' 107,332
Brazil, 78,942 Egyptian, 237,189 Surat, and 8,234 sundries.
The Exports have been 316,900 bales, of which 120,650
have been American, 188,600 Surat, and 7,650 sundries ;
against 316,330 bales last year, 137,480 being American.
168,550 Surat, and 10,300 sundries._ The

quanta

2,101,2.

40,410

30,350 b

29.350 last year), 1,400 Surats (the total amount being
5 360 bales aza'nst 3,960 last year), and of 560 Brazil and
Egyptian. The Stocks of the Kingdom amount to 486,470
bales against 626,450 last year. Those of this port, as
determined by the actual returns of to-day, are 428,810
bales, or 34,700 bales more than the previous weekly
estimates. As, however, a discrepancy more or less consi-
derable, and this in augmentation of the previous weekly
statements, was—because of the immense speculative
business which has been transacted—coinmonly looked for,
we are inclined to think that the moderation of this differ-
ence will be regarded. with feelings rather of satisfaction
than otherwise, and that its effects on the market will be
unimportant. The Stock comprises 231,880 bales American,
62,900 Brazil, 48,290 Egyptian, 82,370 Surat, and 3,370
Sundries ; against 551,340 bales last year, of which 295,720
were American, 47,520 Brazil, 55,830 Egyptian, 148,750
Surat, and 3;520 Sundries.

The Liverpool Share Market has been very quiet
to-day with rather a tendency to giv6 way, with the
exception of Great Western of Canada Shares, and
Dutch Rhenish, which are again in great request,
particularly the latter at an advance of 5s to 7s 6d
per share upon Saturday's prices; there are buyers
of the new Shares at 1/ premium upon the price at
which they are issued, but they are not offered.
Aberdeen, 11/ 114. Chester and Birkenhead, 13/
134. Caledonian, 27 278. Chester and Holyhead,
114 11t. Eastern Counties, 8 13-16 8 15,16. East
Lancashire, 17,1 174. Great Northern, 22 224.
Ditto A, 9 5-16 9 7-16. Great Western, 524 524.
Lancashire and Yorkshire Stock, 77 774. Liverpool,
Crosby, and Southport, 141- 141. London and
North Western Stock, 944 944. Manchester, Shef
field arid Lincoln, 23/ 234. Ditto Preference, 13
131. Ditto New 6 per cent Pref., 7-16 4p. Midland
Stock, 6.644. North British, 74 71. North Staf-
fordshire, 84 84d. South Eastern, 17/ 17 3-16.
York, Nownastle, and Berwick, 164 16,4. York and
North Midland, 22-1-, 220. Dutch Rhenish,
Great Western of Canada, 254 257,-. Ditto New
Shares, 3 34p.. • Great Luxembourg, 104 94 d.
The departure of vessels for Australia during
the past month have been : to Melbourne four,
vessels, or an aggregate of 4341 tons, carrying 528
passengers, and to Sydney one vessel of 861 tons,
carrying 18 passengers". For the quarter, the
following is the return, compared with the last
quarter .ending 1854.

,t-Qur. ending Sep. 30, 1855. Qur. ending Dec. 31, 1854.
Vessels. Tonnage. Passengers. Vessels, Tonnage. Passengers.
33 37435 4783 46 40726 9159
The follmying may be quoted as the present
rates of freight from this port—to Sydney, 40s to
455; Melbourne, 40s to 50s' to the Bay, and 50s to
60s to the Wharf ; Geelong Wharf, 50s to 60s;
Adelaide, 40s to 455.

We have received the annual statement of the
business done in the sale of ships at-this port
during the last year, made up by Messrs Curry
& Co.,' and also one published by Messrs. Tonge
& Co. 4 -Fronk the former we titintp
As if to compensate for some disadvantages, circum-
stances of great interest and permanent benefit to the
shipbuilder and shipowner have arisen, which have
contributed in no small degree to produce the result we
have here to record. When the measure of admitting
foreign ships to British registration free of duty was before
the country, it met with the strongest oppoqitim from
parties who urged that we slould be, inundated witti
tonnage from the innumerFtble building stations in the
United States of America, from the Baltic, and elsewhere,
which with Rritiah ond ,

, coming' into comnetitic

would

Of the

been pia(

,on this mark

of our plantation ships
less business has been done.

With the Baltic (
We have had sev

1 cnmm

sions from Bremen, Lubec, &c., and, notwithstanding thest
ships have much to recommend them both as to model and
material, yet the prices looked for remove all fear of com-
petition from this qtarter. These facts tell what the repeal
of the navigation laws has not done. We now desire to
explain to you what the new navigation act has done.
Following the policy of this country, the united kingdom
of Sweden and Norway has removed entirely the duty upon
British and plantation ships purchased for, their market,
and the merchants of these countries finding they can pur-
chase cheaper here than elsewhere, have become our
valuable and respected customers. The amount of tonnage
we have sold this year for Scandinavian account is very
considerable, and nothing can be more satisfactory than our
transactions in this new market.

Of the business done, we ouoto the following
from Messrs. Tonge & Co.'s Circular:—
The number of Ships that have changed hands in Liver-
pool in the`year is 280, equal to 135,000 tons, of which 80
are.Tßritish, equal to 21,498 tons ; against 730, equal to
380,000 tons, in 1854. The number of new Colonial Ves-
sels that have come into Liverpool, and been registered, is
102, equal to 70,911 tons; against 123, equal to 128,994 tons,
in 1854, showing a decrease in tonnage of 58,083 tons on
the previous year. The number of new British Vessels
that have been registered in the port of Liverpool this
year is 84, equal to 37,072 tons. The number of Foreign
Vessels that have changed' hands in the year, and been
registered in Liverpool, is 23, equal to 17,835 tons; against
55, equal to 36,665 tons, in 1854, showing a decrease of
18,830 tons. The number of Steamers registered in Liver-
pool is 45, equal-0'18,455 tons, against 40, equal 'td 14,830
tons, in 1854, showing an increase of 3625 tons in 1855.
Total number of Vessels registered in Liverpool this year
435, equal to 216,432 tons.
Mr. Thomas Thorburn, of Glasgow. has just
issued the following annual report of the Scotch
Iron trade:—

The year about to close, though a year of oscillations,
adds another mob of prosperity, to the Iron Trade., -Under
the agency and stimulus of war, combined with the exten-
sion of railways, gas, and water works abroad, the exports
and home ,consumption of Pig Iron amount to the large
quantity of 847,000 tons—exceeding the production by fully
20,000 tons—and are almost equal to the highest of any
preceding year. ' The stocks' have consequently undergone
a farther reduction, and are now only 98,000 tons against
4.50,000 tons three years ago. Extensive transactions were
•made during the year in Pig Iron, at from 55s to 82s 6d;
in rails, £7 10s to £8 15s; in bars. £7 15s to £9 lOs ; in
cast iron pipes, £5 to £6 15s; railway chairs, £4 15s to £5
stillth e foundries,generaly i and
activem el e aabnlde
well employed. Although the prices and re.
quirements have been such as to stimulate the production,
iron7s 6d
wporekrs,ton.
continue And
it is only 55,000 tons greater than in 1854, and the scarcity
of the raw material wi I prevent many of the thirty-four
furnaces at present out of blast from being put in operation
in 1856. Owing to the peculiar adaptation of Scotch Pig
Iron for fotindry and forge purposes, the sphere of its con-
sumption is rapidly extending, and it is penetrating quarters
never reached before. Whilst the bf neftcial coisequences
which must ultimately accrue to the Iron trade from the
recent modification of the French import duties, and from
the liberal movement of the Spanish government, in regard
to the importation of British Iron into that country, have •
not as yet been experienced. Viewing the position of this
important branch of our local and national industry in all
its bearings—while the great alternative of peace or war
continues to tremble in the balance—the prospects of the
ensuing year are of a very cheering description.
The steamer America which arrived here this
From Boston, has brought 308,149 dollars
lit h.r or lir •

morning

increase of loans from the lowest point has been
1,500,000 dollars, the specie in the mean time hav-
ing increased 750,000 dollars. In deposits there
is an apparent falling off from last week of 1,200,000
dollars, but there has been in fact an increase of
nearly 700,000 dollars in consequence of the de-
creased amount of Exchange at the Clearing-house.
The comparison with last week is as annexed :
Loans and Dis. Specie. Circulation. Deposits.
Dols. Dols. Dols. Dols.
93 189,808 11,844 625 7,861.741 78.060,110
93,800,018 11,584,075 7,701,052 76 82,,517

Dec. a
Dec. 15

610,235

Increase.
Decr,ase... 260,550 160,689
Hitherto the importation of iron into Sweden
has been interdicted ; a royal ordonnance dated
the 27th instant, lies, however, annulled that
decree, and now permits the entry of foreign iron
into the Swedish .territory. - This is considered
an important measure by the neighbouring States,
and it is likely to be of advantage to
this country.
The same ordonnance declares that Swedish iron
may be freely exported. _ _

!,239,593

Accounts from 'Holland state that at a Cabinet
Council held on the 27th instant, it was unani•
mously agreed to, that the various measures for the
regulation of the provincial imposts, should be
adopted, as framed by the House of Representa-
tives ;'also, that the measures modifying the law of
1822, relative to distillation from grain. should

ieclinn

88i 88

-16. Sales of Stock