The Northern Daily Times.
Liverpool, Merseyside, England, 1856-12-10 00:00:00

LIVERPOOL, WEDNESDAY.

MONETARY AND COMMERCIAL.

LIVERPOOL, TUESDAY EVENING.
The Cotton Market keeps very steady. To day
the sales were 7,000 bales, including 3,000 on
speculation and for export, (a rather large figure
in connection therewith) at extreme prices.

In our Share Market to-day, there was but little
business transacted. The market opened weak,
wea
vn
edn
lags
au nfisremt t laesdp
eduring the
perceptible,
day, b ut taonwda r
closed
at the highest quotations of the day, The tran-
sactions consist of Chester and Birkenhead,
171. Eastern Counties, 01. East Lancashire, 2121.
Lancashire and Yorkshire, 961 I, 7,8 i 7, a, 1, 4.
London and North Western, 1051, 2, 1. Manches-
ter, Sheffield, and Lincolnshire, 35 41, 6, 1-.
gti, .1,, 2, 4-, 2, Li, 2,
.1. Newcastle and
Car isle, 104. Dover, 22,1, 2,1, 2, h. Dutch
Rhenish, 2p. Union Bank of Liverpool, 121.
Magnetic Telegraph, 464. The closing prizes to
day were :—Aberdeen, 131 14. Blackburn, 71
7Z- *Chester and Birkenhead, 171 172. Cale-
donian, 30s 301. Chester and Holy-
head. 19';',i '1(31.. Eastern Counties, 91 9 9 16.
East Lancashire, 21 p xn 211. Great Northern,
225 2.
; Ditto A shares, 91 91. Great Western,
691 7-4. Lancashire and Yorkshire Stock, 971 971.
Liverpool, Crosby and Southport, 181 182. Lon-
don and North Western Stock, 1051 106.
Manchester, Sheffield, and Lincoln, 311 31-1 .
:;‘Uitridg iSattlo'ock ra sBll2ilreB,2-1 Nthsodr. Southrlri 1-Mikagsleclrnlsalnfid
Dover, 22 1-16 22 3-16. York, Newcastle, and
Berwick, 21 211. ' York and North Midland,
30 30f. Leeds Capital Stock 18+ 19. Buffalo
and Lake Haron;l Ip. 'Dutch Rhenish, I
Great Western of Canada, 24+ 24,1. Do. New
Shares, 2+ 24p. Great Luxemburg,lo+ 101 d.
An active demand for Money prevails in London
and Liverpool, and the minimum quotation is in
almost all instances demanded. There is, there
fore, no expectation of any further immediate
alteration in the official rate, as the arrangement
of the quarterly and. annual accounts, as well as the
revenue payments, will all assist in maintaining a
full enquiry. This morning the market for the
English Funds opened at the reduced values
current yesterday afternoon, when, owing to the
heaviness of the French Bourse, and one or two
other minor circumstances. Consols were rather
weaker. Besides a few sales by parties who, being
frightened by the pause in the upward movement,
were induced to realise their profits, there have
been some-.73ear operations, but the market shows
considerable strength. Consols have been 9321 and
031-1 for the Bth January. A special transfer is
reported at 94:-, inclusive of the dividend. The
New Three per Cents. are 932 the Reduced 931 -1
Exchequer Bills 4s to 7s premium, ditto Bonds
oga and India Bonds 2s premium. Bank Stock
is 218, and India Stock 225. Turkish Six per Cents
remain rather fiat, and have been sold as low as 94i.
The present quotation is 941 to 95. The Guaranteed
Four per Cents. are quoted 104 to 1. Other foreign
stocks are dull. The sales include Russian Five
per Cents. at 107 ; ditto Four-and-a,Half per Cents
(small bonds), at 97+ ; Spanish New Deferred Three
per Cents. at 24+ ; and the Committee's Certifs. at
0 per cent.

. The amount of gold brought by the True Briton,
from Melbourne, is as much as 90,000 ounces,
worth about 360,0001. The dates by this vessel
extend to the 12th of September.
There has been very little business transacted in
railway shares this morning, and the fluctuations
in prices have not been more than about to 3, per
cent. Caledonian, Lancashire and Yorkshire,
Brighton, Brighton, North-Western, South-Western, and
Midland were about ss. bettor; but Great Northern,
Great Western, North-Eastern Berwick, and South
Eastern declined 5s to 10s, and Chester and Holy-
head V. The French lines are also at rather de-
pressed prices. Paris and Lyons declined about
5s to 7s lid, and LombardoNeuetian, Dutch
nuts Muse auout as. Grand
Trunk of Canada and Great Western of Canada
were each about 5s lower, and Seinde are quoted 7
Some surprise was occasioned yesterday after-
noon by.the receipt of telegraphic information to
the effectlhat the Bank of Amsterdam had raised
the rate of discount from sto 571 per cent. This
measure would have excited little attention if most
of the other continental money markets were not
tending in an opposite direction At the same
time, however, 5! per cent for money in Holland
is a very unusual quotation for discounts, and,
although the advance is attributed to the disturb
anee caused by the silver speculation, it may be
found that the authorities also had in view the
impending Russian Loan, which, if it cannot be
obtained in France or England, will perhaps be
introduced elsewhere:

• The agents of the Peruvian government in New
York announce, with reference to the Peruvian
debt issued in favour of New Granada and
Equador, that the sum appropriated to the redemp-
tion fund on the sth Sept. last was 27,149 dols
The outstanding debt is now reduced to 2,481,600
dols, or about 496,0001 sterling.
The proprietors of the Grand Trunk Railway
have issued a circular in which the shareholders
are invited to subscribe for preferential six per cent
bonds to the amount of two millions sterling. The
holders of these bonds are to have priority over
the first lien of the province; and the proceeds,
which are to be deposited, in the first instance, in
the hands of the financial agents of the Canadian
government in London, are to be handed over to
the company upon proof being given to the govern-
ment respecting the progress of the works. One
of these works is the Victoi is bridge. The directors
hint that the immediatesubscribing of this capital
will materially strengthen their position in urging
upon the Canadian government a modification of
the relief act. A deposit of 10 per cent is to be
paid on the new preferential bonds by the 19th
instant. -
The prospectus of the Dagenham Dock Company
is issued. This company has been incorporated
by act of parliament for the purpose of providing
additional dock accommodation in the Thames.
The new docks are to be situated on the north side
of the river, and, it is mentioned, will comprise a
total area of 142 acres, inclusive of warehouses,
cattle pens, &c. The north side of the docks will
be bounded by the London, Tilbury, and Southend
Railway. A considerable amount of business is
apparently expected from the coal trade. The
capital is fixed at 90,0001., in 101. shares, and the
first call is to be 21. The deposit is fixed at 10s.
per share.
Messrs Browne, Hunter, and Co.'s circular of
this date, in relation to the movements in East
Indian produce, says :

During the past fortnight there has been greater confi-
dence manifested in monetary matters, which is ascribed to
the timely arrivals of gold from Australia, part of which
has remained in the Bank coffers, thereby augmenting
slightly its stock of bullion. The directors of the Bank of
England reduced on the 4th inst. their rate of discount -1; per
cent., the minimum rate being now 6i per cent., and
although but a trifling concession, the movement is in the
right direction, and is likely to impart a better feeling in
mercantile affairs. The produce markets have been active,
prices well supported, and in some instances an upward
tendency is apparent.
The letters per the South American Mail were
delivered here this morning. At Pernambuco we
learn that there was a large business doing in
sugar and cotton, and prices of both articles had
materially advanced. The latter being a full id.
per lb. higher than on the departure of the former
mail. At Bahia, prices were steady, in fact rather
on the decline. At Rio Janeiro, the exchange
market was firm at 28Z. to 27; The sales in coffee
had been rather extensive, amounting to 249,700
bags in the month, at very full rates.
By the True Briton we have Melbourne advices
to the 12th of September. This vessel brings
some eighty or ninety thousand ounces of gold,
valued at
£350,000. At Melbourne there was a
fair demand for gold,
and this article was quoted
at 755. 6d. to 765. per ounce. The arrival of gold
per escort had kept up to their average, altho some
allowance might be made for the licence of general
election times at the diggings. Quartz crushing
operations were being extended, and no doubt
could exist of the benefits of such a system. The
escort returns for the fortnight ending September
6, gave a total of 1,804,041 oz,