The Northern Daily Times.
Liverpool, Merseyside, England, 1853-11-29 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, MONDAY EVENING.

The advices brought by the Indian Queen from
Melbourne aid to' the 28th of August, being four
days later than those previously received. She
brings 38,992 ounces of gold. The accounts
brought by this vessel are highly encouraging,
both for the colony and the mother country. The
arrivals of gold at the port of shipment continue
on the usually large scale. On the 26th August,
the escort from Mclvor and Goulburn brought in
1,408 ounces, and on the same day the escort from
Castlemaine brought in 35,360 ounces ; Total,
36,768 ounces. Value, about £147,072. In the
prices of all the trading necessaries of life, we
notice a change, varying from 5 to 20 per cent. in
favour of the colony, This decline in the current
quotations leaves a large profit for shippers. The
number of hands employed in the gold fields
shows a considerable increase, and had caused a
greater demand for labour ; we may,. therefore,
look for larger receipts of gold. The United States
is beginning to draw off large quantities of the
precious metal. The Bavaria, for New York, had
carried away six or seven thousand ounces. The
Cleopatra. (s) was to sail for England on the first
of September. The aggregate of shipping arrived
at Melbourne, for the two weeks preceding the
our advices, was 4,000 tons. The returns of the
imports for the same period show a decline in the
arrivals of flour, and a large increase in those of
building materials and useful implements, from
Great Britain, America, and other distant ports.
These arrivals, together with the large amount of
more substantial buildings in progress in the city,
can. hardly fail to affect, shortly, the enormous
rents demanded for small tenements, and promise
ultimately to increase largely the amount of stor
age, "both for wholesale and retail dealers. Al-
though increased activity is said as to have been
given to the wholesale trade by some speculative
dealings, nothing had transpired efl'ectually to stop
the downward tendency which the constant heavy
arrivals of goods occasioned. The flour trade, is,
however, excepted from this depression, and con-
tinued firm, at full rates. The very large receipts
of oats keep down the price of that corn ; and for
prime English .barley lls. was obtained with diffi-
culty. In the provision trade, the price current
shows a further decline in many articles, particu-
larly English hams and bacon. Tea, coffee, and
sugar maintain previous rates, except English loaf
sugar, which is decidedly lower. A decline of
about 2d. per lb. has been submitted to in manu-
factured tobacco. Timber was ten to twenty per
cent. lower, but the prices were still highly favour-
able for the importers.
Exchange on London for 30 days' bills, was
quoted at par, or one half per cent. discount for
every additional thirty days.
Freights to London were quoted as follows :
Wool, id. to hi. per lb., and 5 per cent. ; tallow,
50s. per ton, and 5 per cent.; gold, 41d. per oz.,
delivered at the bullion office.

By the steam ship Africa we have advices from
the United States to the 16th inst., being four days
later than those previously received. The. Africa
brings 74 passengers, and 500,000 dollars on freight.
The crisis in the Money 'market was not quite
so intense. Among the bank failures we notice
the following : the Oswego Bank, the Bank of Ma
sillon, and the Buffalo Bank, (Patchins.) The
latter is one of the five remaining chartered banks.
The Oswego's notes will be redeemed in full by the
New York Metropolitan bank. The exports of specie
for the year ending the 11th inst., was 7,761,331
dollars, against 2,663,122 dollars imported within
the same period. For first-class Paper, the rate of
interest was 12 per cent. Second class, from 15
to 18 per cent. Money on call was still quoted at
7 per cent. In the Dry goods market dress
woollens were in demand, particularly the De-
laines. Cotton goods were very firm. Ginghams
continue to sell as fast as received, at 11c. Glas-
gow is said to have orders in advance, and Lan-
caster and Manchester are said "to be sold close
up." The exports of Bread stuffs for the month of
October last, are considerably in advance of those
for the same period in 1846. We subjoin a com-
parative statement of the quantities exported.
1846. 1853.
Flour. Wheat. Flour. Wheat.
brls. bush. brls. bush.
Oct. 163,967 222,380 Oct. 180,733 1,147,679
bills had compelled holders to realise, and there
was no disposition to store at the current rates.
The sales of the week were 5,400 brls. at 7 dollars
to 7 dolls. 121-c., the latter price for Extra, early in
the week.

In the Cotton market no new features had trans-
pired during the week to stimulate the inquiry for
this staple. The market continued to be fully sup-
plied. The total sales for the week were 8,318 bales,
divided as follows, viz :
Export ... 3,387 bales
Home use 3,746 „
Speculation
In transit 319 „

Market closing steady.
The freights were quoted as follows :—To Liver-
pool, 75,000 bush wheat at 121 d to 13d; 17,000 brls
flour, 3s 6d to 3s 9d, closing at the former rate ;
1,500 bales cotton, 7s 3d ; 1,000 brls. rosin, 4s ;
100 trcs. Rice, 355. ; 50 hhds. tallow, 40s; 350
brls. Beef. 1,000 boxes cheese. The steamer has
300 bales Sea Island cotton at 9s 3d ; 1,000 boxes
cheese, 60s ; 1,200 brls. flour, 3s 6d. To London
—13,000 brls. flour, 4s 6d to 4s 9d, closing at the
outside rates; 68,000 bush. wheat at 16d; 2,200
boxes cheese, 60s ; 1,000 bush. clover seed, 17d in
bags ; 40 half trcs. tobacco, Cos ; 100 brls. lard, 455,
Since Friday we had an increased demand for
cotton in the Liverpool market. The sales
to-day amounted to 7,000 bales, of which 2,000
were taken on speculation and for export.
The imports, so far this week, amount to 2,120
bales. The shipments advised per Africa for week
ending 16th November, amount to 14,254 bales.
And the quantity not at sea for this port, adds up
34,570 bales.

NEW YORK.
Oct. 19, Col. Cutts
22, Empire State lll7
27, Frank King
28, Wm. Stetson
Menapia 69

Nov. I , Niaga-ra

2, Excelsior 757
5, Vanguard

8, D. Grinnell 429
John Mitlodge
12, Rout. Hooper 240
John Currier
Agnes
Saratoga
14, Golconda nil.
13, Conqueror ... 9B 8,521
MOBILE.

Oct. 1, Harford 1555 1,555
SAVANNAH.
Nov. 9, Noemie
CHARLESTON

Oct. 28, Irvine
29, Switzerland 2443
Nov. 1, G. A. Hopley 2705
Waltham
NEW ORLEANS.

Oct. 18, Chasca
26, Bell Rock 2491
29, Hartley
Granada
Nov. 1, Courier 3024
3, Hamlet 2350 14,125

T0ta1...34,570

The receipts of the week ending 16th Nov... 65594 bales.
Against 111609

The total receipts to the 16th Nov. 288649
Against 528349

Decrease 239700

The exports to Great Britain

85267 .........
Against 159629

Decrease 74362