The Northern Daily Times.
Liverpool, Merseyside, England, 1856-11-03 00:00:00

THE LIVERPOOL,
RN
NOPTHE AMES.- IIONDAY.

MONETARY AND COMMERCIAL.

The Cotton Market on Saturday was quiet but
steady,.and sales to the extent of 6,000 bales were
made, of 'which 1,500 were taken on speculation 1
and for export. Prices maintained the rates
noticed in our remarks of yesterday.

The_ steam-ship Niagara-arrived here late last
night, and according to her advices we learn that
the trade in that city has been rather tame, and
that the-news respecting the groWing crop is not
much different from that already noticed.
The Liverpoor 'Stock Exchange has not pre-'
sented any new feature since our last notice. On
Saturday the sales were limited, but prices were
well supported. On. Saturday, the . demand for
diticmint accommodition in Lombard-street and' at
the Bank. of England was exceedingly active; at
full rates. It was rumoured -that two mercantile
firms were in -difficulties, but nothing definite
transpired upon - the -4 subject', The prevailing
stringency, however, will in the natural course of
events, -produce much eirr.barrassmoit at' intervals;
but the general prosperity of trade is remarkably
well maintained, and allays any_ apprehension
with regard to the -Stability of commercial
credit. Saturday was a strict holiday at. -the
Stock EXchange; as usual- on the _ Ist of
-November,- when the - striking —4O the hilf-yearly
balance at the Bank of England_ renders it
necessary to close the transfer offices at that
establishment. Very few connected with the-
Stook Exchange, therefore, were at their usual
places of, business, but among those who congre-
gated in the neighbourhood of the House Consols 4
were called 92 for the 6th inst., and 9311 I for
December, which were yesterday's closing rates.
The settlement of the English Stock Market is
'fixed for the 61.1 of November. . _

On Saturday, in the London Share Market there
was little or no business.transacted, in consequence
of the Stock Exchange being closed. We copy the
following from the Mining Journal :
Great dulness continues to pervade the Mining Market ;
and mines as well as prices of sharps continue about the
same, neither offering much to remark upon. November
is generally an active month in mining-, and we hope to
have more business to report ere long. Great Alfred
Shares have continued durinz the meek at about 91 to 10;
Great South Tolgus, 14 to 14i ; East Bassett shares have
advanced to 60; South Frances. 360; Sortridge Consols,
2; :to 3 ex div ; Drake Walls, 11 to a ; Malland, 3s to 3s
; Rosewarne, 65 to 70 ; Condurrow, 150, and in demand,
Wheal Mary Ann, 37* to 38; North Bassett, 36 to 37;
West Basset, 32 ; Lady Bertha, 1 ; Great Hewas, 9s 6d to
10s .6d ; South Cara Brea, 102 to 111 ; Trerawny, 25 ;
Wheal Wrey, 7i; Par Consols, 22; South Caradon, 285
to 290 ; North Roshear, 85; Breenfloi,ed, Sit° 5 ; Alfred
Consols, la to 161; Ludcott, li to 1'; Herodsfoot, 3, and
enquired after. The, mine is now working to a profit, and
the present prices of shares below the value of machinery.
North Frances, 9 to 91 ; Porkellis. 10 ; Providence Mines,
65 to 64; West Caradon, 130 to 135.

During the past week the imports of specie have
been limited, and have been about 450,0001., viz.,
I.BOV-by the Africa, -170,000 t. the—Arago, both
from the United States ; and 100,0001. in silver
from the. continent. The exports have also been
moderate, viz , 16.126/, to the Peninsular by the
Alhambra; 150,0001 to the Cape of Good Hope by
the Candace, and 3,545/.10 the Continent through
the London Custom House, making a total of
169,0711 In the same period the exports have been
by the Union, for the Brazils, 21,0001.; the Can-
dace, for Africa, 150,000/ ; the Alhambra, for Cadiz,
15,5261., and Lisbon, 6001, making a total of 187,1261.
As regards the state of trade we are informed :
At Leeds, trade during the past week has been very dull,
and the only demand experienced was for goods actually
required to supply immediate wants. Sales of combing
wools have not been extensive, but previous prices were
fully supported. At Bradford therelwas no alteration to
notice in the worsted trade ; prices ruled firm both for
wools and yarns, the piece trade was dull, and prices
very unsatisfactory. At Manchester the market had
slightly improved, owing to the easier position of the
Liverpool cotton market, and the favourable advices
from Bombay and Calcutta have tended still further to
improve the tone of the market. ' Only a moderate
business was done in most kind of cloths.

During the past week several foreign mining
. companies have held meetings. At that of the
South Australian Copper Corhpany it was resolved
to register the undertaking, under the Limited
Liability Act. Further resolutions to the following
effect were also adopted—that the committee be
authorised to take the necessary steps, and-to pre-
pare the Memorandum and Articles of the Associa-
tion, and be requested to communicate with the
registered shareholders the nature of the plan they
may propose as to the shares and capital ; that, in
the alterations of the constitution of the company
the interest of the preference shareholders shall be
preserved; that the committee be required in the
1 interim to carry on the operations in the most

eco-
nomical manner possible, and that the meeting he
adjourned to Nov. 28. The shareholders of the
Anglo-Californian Company at their meeting
accepted the report, and it was stated that the total
liabilities were about 14,000& It has been agreed by
the proprietors of the Worthing Mining Company to
place the concern under the Limited Liability Act
of 1856. The directors of the Bruenta. Company
have resolved to wind up the undertaking.
A Glasgow firm renders the following report of
the wool trade :
The tone of the wool market here during the last month
has been characterised by great briskness, and prices aro
in favour of the seller. Scotch wools having been pretty
well cleared out ; an expectation is generally enter-
tained that a still further advance will be got. For laid
Highland especially, which is in large request, extreme
prices are readily obtained. The following are the current
quotations per stone of 241bs :—Laid Highland, 12s 6d to
13s 3d ; white do., 16s to 16s 6d ; laid cross, 14s; white do.,
19s ; laid Cheviot, 16s ; do. do., washed, 18s to 21s; white
do. unwashed, 22s 6d; do. do. washed, 295 to 32s ; Ist
pick skin wools, 323 to 333; 2nd do. do., 2to 293 ;
white Haslock, 24s to 25s ; grey do., 21s to 2283.3
The returns of circulation of the Trish and Scotch
banks for the four weeks ending the 27th of Sep-
tember, when added together, give the following
as the average weekly circulation of these banks
during the past month, viz. :
Average circulation
c rc u a o n
oo
ff thee Irish
Scotch b a
banks..nk s .
. -4
£6,386,711,002,666

Average circulation during past month . .L 10,389,377
On comparing the above with the fixed issues of the
several banks, as given in the Banlcing Almanac,
the following appears to be the state of the circu-
lation
The Irish banks are above their fixed issue.... £32.217
The Scotch banks are above their fixed issue.. 915,457

Total above the fixed issue £947,674
The amounts of gold and silver held at the head
offices of the several banks during the past month
have been as follows :
Go.ld and silver held by the Irish banks £2,086,169
Gold and silver held by the Scotch banks

Total of gold and silver held . £3,721,097
The above statements complete the returns of the
circulation in England, Scotland, anJ Ireland, for
the month ending the 27th of September. These
returns, combined with the average circulation
of the Bank of England for the same period,
will give the following results of the eirculation.of
notes in the United Kingdom, when compared
with the previous month :—iBs6.
1856. 1856.
Aug. 30. Sept. 27. Increase Decrease
£ £
Bank of England 20,063,375 19,936,303 127,572
Private banks... 3.561,634 3,669,667 108 033
Joint stock banks 2,918,776 3,047,951 129,175

-- -
Total in England 26,544.285 26,653,921 109,636
Scotland
Ireland 6,041,828 6,336,711 344,833

37,043,298 51'5,735
United Kingdom 367527,563,
Showing an increase of 100,636/ in the circulation
of notes in England, and an increase of 515,7351 in
the circulation of the United Kingdom, when com-
pared with the month ending the 30th of August;
and, as compared with the month ending the 29th
of September, 1855, the above returns show an
inereas,3 of 60,0981 in the - circulation of notes in
England, and an- increased f 455,357/ in the circu-
lation of the United Kingom. The average stock
of bullion held by the Bank of England both
departments dining the month ending the 27th of
Sept., was 12,055,513/, being a decrease of 387,845/,
as compared with the previous month, and a decrease
of 1,475,3291, when compared with the same period
last year. The stock of specie held by the Scotch
and Irish Banks during the month ending the 27th
of September, was 3,721,007/, being a decrease of
91,2041, as compared with the previous return,
and an increase of 265,280/ when compared with
the corresponding period list year.

THE WEATHER, for two or three days last week,
was thick, but yesterday was one of the most gloriously
fine ever witnessed at this season of the year. It resembled
more a soft mellow day in August, than one in November.
There is every indication of a continuance of this weather,
which farmers say is the moat propitious that has been
,witnessed for many years.

AMERIC4.

ARRIVAL OF THE NIAGARA,

The British and North American Royal Mail
Steam-ship Niagara, Captain Stone, arrived here
yesterday afternoon. She brings 75 passengers,
and 255,374 dollars in specie on freight. She
reports meeting the Arabia, en rate to Boston.
By this arrival we have three days' later intelli-
gence_ than that previous to hand. We append
full particulars of all the leading events and topics
of the day on the other side of the Atlantic.

Respecting the Presidential election, we giv4
the. following items from the New York papers of
the 21st ultimo. The' result of the elections in.
the several states, for the next coogresi shows a
gain of 42 members in ten States for the demo-
cratic party. If the elections yet to be held result
as in 1854, when the opposition carried eVerything-
almost-theit own way, the House will standi in the
thirty-fifth congress, 121 democrats to 113 oppo-
sition. The prospect is that the democrats will
secure a, working majority over all others. The
State committees of the organizations composing
the Union party in Pennsylvania, met in Phila-
delphia. on -the 17th ultimo, and agreed to an
ileotoral ticket upon the basis proposed by .the
Union State Committee, in their call for a Union
State Convention, to be held at Harrisburg, on the
21st instant, to wit :—Twenty-six names in com-
mon, the twenty-seventh name to be different on
the tickets voted for by the Fillmore and Fremont
men respectively; the vote of the electors if
chosen, to be cast pro-rata according to the rote
given for the twenty-seventh name respectively.
It was' also agreed that the electoral ticket to be
voted for by the Fremont men should be headed
by the name of John C. Fremont, and that to be
voted for by the Fillmore men by the name of
Millard Fillmore..

The republicans of Philadelphia held a meeting
on the 20th ultimo, for the purpose of appointing
delegates to the Fusion Convention, to be held in
Harrisburg. A number of the friends of Mr.
Fillmore attended the meeting, and, by their
inflammatory speeches, for a time prevented the
transaction of any business. A number of the
members of the Keystone Club were present, and
added to the confusion. After the Fillmore men
and their coadjutors had retired, the meeting was
reorganised and delegates appointed, who pledged
themselves to be present at the convention. Whit-
field has been elected delegate to congress from
Kansas territory by the pro-slavery party. His
election 'was unanimous, as, by a preamble and
resolution,which were adopted by the citizens of
Lawrence, it appears the free state party regarded
the election law as invalid and of no effect, and
they consequently refused to vote. In the Charles-
ton, S.C., congressional district, Mr. Miles
(American), has been elected. In the other dis-
tricts the members of the present congress have
been re-elected. The triumph of the democrats in
the election for municipal•officers of Newark, N. J., is
attributed more to the influence of local issues
than to the Presidential, question. For the first
time in the history of that city, the people have
determined to submit the controul of their muni-
cipal' affairs to the hands of the democrats. There-
was a grand demonstration of the supporters of
Fremont, in the river counties, made at Pough-
keepsie. The weather was propitious, and the
attendance very large, The number present at
from twelve to fifteen thousand, with a large ad-
mixture of the fair sex. There was no end to the
music, banners, flags, and other usual accompani-
ments. Unlike the democratic celebration at the
same place, two weeks before, it was a bona fide
mass meeting of the people of the river counties—
not a meeting of New Yorkers imported up there.
The people were addressed from the principal
stall' by Senator Wilson, of Massachusetts, and
from the -several other stands by Ex-Governor
Ford, of Ohio ; Joe Blunt, of New York ; and

others.
It was said that rumours of a concerted meeting
of Governors at Raleigh, N.C., had been confirmed.
Governor Wise of Virginia, and Goiernor'AcTanist,
of ' South Carolina, were in that city on the
15th ult., and Governor Johnston, of Georgia, and
others were expected. The Raleigh Registei• says
they came there for the ostensible purpose of
attending the State Fair, but is apprehensive that
they meet to concoct some treasonable schemes
against the stability of the Union.
Petersburgh (Va-.), has been the scene of great
excitement. Some parties had erected a Fremont
pole and banner, whereupon the Mayor straight-
way ordered out the military, convened the coun-
cil, and an order was passed to have the offensive
pole cut down forthwith, all of which was ekecuted
with due parade and gravity. It turns out,
however, that the pole was put up by some wags
by way of a joke.
According to New York papers, it appears that
there had been an arrest of two hundred and fifty
Kansas emigrants, men, women, and children, near
the NebrasKa line, by Deputy-Marshal Preston,
aided by a large body of troops and six pieces of
artillery. Notwithstanding the conductor of the
emigrants had permission from Governor Geary to
enter the territory with the usual arms of emi-
grants, they were placed under arrest, their pro-
perty examined and seized, and a guard placed
over them, with instructions to the troops to shoot
any who might attempt to escape.
The miscellaneous advices from the United

States is not of any importance. Mr. George
Peabody had accepted an invitation to attend a
reception given to him by the members of the
Maryland Institute, at Baltimore. The affair will
come off during the present month.
There was a severe storm in New York on the
the 17th ult. The steamer Connecticut, for
Stonington, returned to New York with loss of
one smoke stack. She was at one time in imminent
danger of total wreck, but by throwing overboard
part of her cargo, she was brought to anchor under
Huntington's Island, and rode out the gale.
Later intelligence from Cuba report that a for-
midable Spanish fleet was fitting out to enforce the
claims of that country against Mexico, the previous
report of the adjustment of this difficulty being
erroneous. Spain was also about to send an army
from Havanna to St Domingo. for the purpose of
operating against the republican movements for the
freedom of the Dominicans from the rule of the Hay-
tion black government. 5,000 muskets were ready
to be sent to the Spanish Consul at St Domingo. A
correspondent at Havana writes to us complain.
ing of the inconveniences and overcharges to which
merchant vessels entering that port are subject.
The overcharges go for the benefit of the captain
of the port and his subordinates. One of the
inconveniences and annoyances he refers to is the
anchoring of Spanish vessels of war in the channel,
which necessitates the incurring of additional
pilotage expenses.

scarce, continues in good demand. Short loans at 7-
Paper without change at 3to 10 for first-class, and 10 to
12 for less known names. DE class,
and
Co.

COTTON.

Since my circular of 15th inst., we have not, received
rinY later news from Europe. Our market throughout
the week has been uniformly dull, influenced by the un-
satisfactory accounts per Persia, and declining markets
in the South. Holders, however, have shown but little
disposition to press their stock, and no decline can be
quoted. My_quotations, which last week were rather low,
are continued, and represent fairly the prices now ruling.
The sales for the week are estimated at 6,000 hal-
export during same time amounts to 1,699 '

bales, all ior

Llserpool4 - -
Southern Markets—Rumours of anticipated difficul-
tles Ili monetary a#airs in France receiveed by the
Persia, have caused a cessation of purchases of cotton in
these markets by French exporters, hence factors have
given way, and a decline of half a cent per lb• has taken
place in all the various Southe,n Markets, as will be found
by reference to the reports from each.
Crop, Exports,, &c.—There is no ;new, feature to report in
respect of the crop. The damage by frest on the Oct. in
the region tributary to Mobile and New Orleans, is r:1.11Y
confirmed, and by mail We learn that a rain storm; of two
days' continuance has passed over the cotton region;
which will tend to injure the quality of such portion as
was unpicked in the fields. ' There is no export to Great
Britain this week from any Southern port, and 'only 1,692
bales from New York.. There is very little cotton moving
for Liverpool in the South, and in New Orleans the few
vessels loading find great. difficulty; in completing their

cargoes.
New Orleans, Oct 18 : Receipts for the week, 48,000 bales ;
same week last year, 37,000 ; sales to day, 6,500, and for the
week, 20,000 ; stock on hand, 120,000. Middling, 12e per
lb. Exchange on London. 9k per cent. Freight to Liver-
pool, k5.2d per lb. Oct 20th—Market depressed ; sales to,
day, 5,000 bales. Middling, 114 c to 1 lie per. lb. Freight

to Liverpool, 7-16.
Mobile, Oct 18 : Receipts for the week, 5,000 bales; same
week last year 4,000; sales for the week, 3,100 • market
unsettled. Middling, 12kc per lb. Freight to Liverpool,
9-16 d per lb.

The fallowing is a statement of the movement in cotton
since theist September last,' as compared with the previous

three years :

1858. 1855. 1854. 1853.
Receipts at the Ports I 266,000 331,000 167,000 12q,000
Exports to Great Britain 19,000 99.000 49,000 50,000
" France.
" other For. Ports
Total Exports. 55,000 132,000 83,000 68,000
Stock on hand. 210,000 274,.(00 166,000 131.000

Of which during the past week, included in the above :

if ecelpts at the Ports 84,000 72,000 43,000 . 41.000
Exports to Great Britain 2,000 18,000 14,000 4,000
a France.. lO,OOO 30 .0 1,000 2,000
• a other For. Ports. 6,0001 5.000 2,080 2,000
Total Exports lB 0001 26.000 11.000 Ff.,000

SUMMARY.—RECRIPTS : Decrease at the ports compared
with last year, 65,000 bales /sports : DecreaSo to Great
Britain, 80,000 ; other foreign ports, 2,000. Increase to
France, 5,000. Total decrease in eat) orts, 77,000 bales.
FREIGHTS continue very dull at .5.32 d for cotton to Liver..
pool, and to Havre, at le per lb.
EXCHANGES.—On London the rate is firm at 1092 per
cent. On Paris, there is very little doing, and the rate is
5.15 to 5.171. W.- P. WRIGHT.