The Northern Daily Times.
Liverpool, Merseyside, England, 1856-03-01 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, FRIDAY EVENING

I3usiness in American Securities in London has
not been active during the past week, except in tho
Construction Bonds of the Illinois Central Rail
road, of which large amounts changed hands
before the arrival of the mail from New York, at
prices varying from 79 to 80. Since the receipt of
the advises from New York they have advanced to
84, and close firm. The Freeland Bonds and
Shares have not been much enquired for. We
note moderate transactions in New York Central 7
per Cent Bonds at previous rates.
Mr. F. J. Eaton, in his circular today, gives the
following report of the Tallow trade :
The London market has been very steady throughout the
week, at an advance of is per cwt on the closing prices of
Thursday last for early delivery. There is a marked
improvement in the demand both for consumption and
export, and in the event of this continuing, a further
advance in ►alue is very probable ; the exact quotations
are 59s per cwt spot and March, 54s March April, 52s 6d
May June, and 51s 9d October December. The half-week
delivery is 590 casks, against 708 last year, and the present
stock 24,316 casks, against 35 511 casks in 1855. Only a
limited business doing here ; fine PY C 58a 6d to 595. 10
tons S American sold at 55s per cwt, and some Neaplitan
and Lisbon at same price.
A meeting of the Royal Swedish Railway
shareholders was held this day, at the London
Tavern, and was very numerously attended.
From a statement which was read by Mr. Smith,
of Throgmorton-streets, acting on behalf of the
gentlemen who had constituted the committee of
inquiry into the affairs of the company, it ap-
peared that the duplicated shares in circulation
were about 79,000, the obligations about 30,000,
and the total liabilities, over and above the whole
of the capital, authorised to be issued and sub.
scribed, 89,9291. A committee of seven gentlemen
was appointed to continue the investigation. The
late Mr. Sadleir's name appears as creditor of the
company to the extent of 17,8241., and the liabili-
ties incurred by Mr. Sadleir on account of the
company amounted to 35,2411.

The exportation of refined sugar from France
continues at a considerable increase. During the
month of January the quantity exported was
33,442 quintals against 22,934 in 1855, and 15,506
in 1854. The totalexports for last year amounted
to 336,000 quintals against 249,000 in 1854. Almost
the whole export of this article is to Great
Britain, and there is every prospect of the tride
increasing 50 per cent. this year. In France there
have been many new sugar refineries built recently,
and the culture of beetroot is greatly extended
this season.

The usual notice for paying off the Exchequer
Bills falling due in March, has been issued this
morning, and increased the feeling of confidence in
the proximity of peace and prosperity for the
future, in consequence of no provision being made
for the increase of the rate of interest upon the
bills. Whether the Chancellor of the Exchequer is
justified in speculating upon the certainty of peace
and the improvement of monetary affairs generally
is yet to be seen; but it must be confessed that he is
very sanguine, if not rash, in presuming that every-
thing will go on favourably with regard to the nego-
ciations, and that peace must certainly result there-
from. This, too, at a period when the money
market is exceedingly tight, and when it is not
improbable that he will be required to pay off a
considerable proportion of the Exchequer Bills now

falling due, as money can be as safely, and more
profitably employed, in other channels. It is, we
think, by no means improbable that Sir G. C.
Lewis has made a miscalculation in the present
instance, and that he will find himself in a similar
difficulty as his predecessor.

Subjoined are the last quotations of the
Foreign Exchanges : Amsterdam short,ll 181 to 11
19*. Do., 3 months, 12 11 to 12 11. Rotterdam, do.
12 11 to 12 it. Antwerp do., 25 60 to 25 70. Brus-
sels, do., 25 60 to 25 70. Hamburg do, 13 111 to
13 111 Paris, short, 25 40 to 25 50. Do , 3
months, 25 Btl to 25 85. Marseilles, do, 25 80 to
25 85. Frankfort, do., 121-7-, to 1211. Vienna, do.,
10 32 to 10 38. Trieste; do., 10 34 to 10 40. Peters-
burg, do., 35f, to 364. Madrid, do., 491 to 491
The funds experienced a considerable flatness
to-day. Prices attained an improvement of 4 per
cent in the morning, but suddenly fell no less than
1 per cent shortly afterwards, owing to some
larger speculative sales, coupled with a variety of
unfavourable and vague rumours relative to the
progress of the peace negotiations. After all the
closing quotations were 91k, 91-1. At Paris, the
prices, reported by telegraph at city, showing
steadiness, a recovery took place in the afternoon
and the closing quotations were only k per
cent lower than those of yesterday. During the
conferences the market may be expected to

evince sensitiveness, owing to the outstanding
speculations for higher prices both here and in

Paris. The Railway Share Market slightly
declined this morning, owing to the unsteadi
ness of Consols, but subsequently rallied
The following were the quotations at the close:—
Caledonian, 57 57/. Eastern Counties, 91
9-k. East Lancashire, 703 711. Great Northern,
931 ex d. Ditto A., 75 77 ex d. Great Western, 591,
59i ex d. Lancashire and Yorkshire, 821824. London
and North Western, 991 100. Manchester, Shef-
field, and Lincolnshire, 241 25 Midland
Stock, 09; 691 ex d. North British, 20-3 30. South

Eastern and Dover, bbl 65'6 ex d. York, Newcastle,
and Berwick, 752 76i ex d. York and North
Midland, 514 62 ex d.

BANK OP ENGLAND RETURNS.
An Account, pursuant to the Act 7th and Bth Victoria, cap
32, for the Week ending Feb. 23, 1856.
ISSUE DEPARTMENT.
Debit. Credit.
Notes issued .. £24,390,330 Government
Debt
Other securities
Gold Coin and

£11,015,100
3,459,900

9,915,330

24,390,330

Total .... £24,390,330

BANKING D:

Debit.
Proprietors' ca-
pital
Rest
Public deposits
Other „
Seven day, and
other bills..

IrAnTmENT.
Credit.
Government se-
curities ... . £11,946,006
Other securities 19,185, /77
Notes 6,848,810
Gold and silver
coin

£14,553,000
3,476,046
4,141,551
14,762,364

713,094

Total .... £37,640,055 I Total ... 37,640,055
The foregoing Bank Returns show the following
results when compared with those of the preceding
week :—Notes issued, increase 22,495/; bullion in
both departments, increase 42,8981; rest, decrease
35,4071; public deposits, decrease 232721; other
deposits, increase 1,798,2391; seven days and other
bills, decrease 57,1871. On the credit side, govern-
ment securities have increased 15,000/. other
securities increase 1,441,5451 Notes unemployed,
increase, 205,2451. Actual circulation, 18,541,820/ i
decrease, 182,7501.

The sales of cotton to-day amount to 8,000 bales,
and include 2,000 for speculation and export. The
total sales for the week are 65,580 bales, of which
13,320 have been taken for speculation, and 3,250
for export. Prices of American during the week
have hardened, and the middling and better
qualities must be quoted one sixteenth of a penny
per pound higher.
The Liverpool Share Market opened at an ad_
vance upon yesterday's closing prices, in conse-
quence of the improved quotation of consols ; but
as the latter suddenly gave way about Z per cent..
shares became also easier. The subsequent reaction
of s per cent. in consols had not much effect on
shares. They closed, however, with a steady
appearance, at the following quotations:—Aber-
deen, 121 13k. Chester and Birkenhead, 14k
1,4. Caledonian, 28a 28. and Holyhead,
120 13. Eastern Counties, 9 13-16 9 15-16. East
Lancashire, 17! 174. Great N,n-thern, 23 231 Ditto
A. Shares, 94 10. Great Western, 59 59-t.
Lancashire and Yorkshire Stock, 824 82:1. Liverpool,
Crosby, and Southport, 15 15k. London and
North Western Stock, 994 100. Manchester,
Sheffield and Lincoln, 24: 24g. Ditto Preference,
11 114. Ditto New 6 per cent. Pref., aN p.
Midland Stock, 6.4 62k. North British, 74 74.
North Staffordshire, 64 641. South Eastern,
204 20 3-16. York, Newcastle, and Berwick,
19k 194. York and North Midland, 254 26. Leeds
Capital Stock, 154 16. Dutch Rhenish, 9-16 p
Ditto New Shares, 2 3.16 2 5-16 p. Great Western
of Canada, 251 254. Do New Shares, 34 3g p.
Great Luxembourg, 91- 9 d.
At the Liverpool Corn
,Market to-day there was
but a small business done, and wheat declined 2d
per bushel, and flour is per sack or barrl