The Northern Daily Times.
Liverpool, Merseyside, England, 1856-01-21 00:00:00

to 871. Or

cal. Consols, which opened at 87Z- for money, and A'

and an extremely larg

hnt ;t

maintained, and the closiroprice was 89& to 90 Yesteraa
they opened at 89a- to 89k, but upon its being hour
that a protocol had been signed at St. Petersburg contruninb
the terms required by the Allies as the preliminaries far peace,
`hey advanced to 90k to 901, but receded upon sales, and
they left off at 891 to k. On the whole, notwithstanding
the advance during the week, which is equal to nearly 4 per
cent, the market has been extremely steady. The Money
Market as previously stated, has been easier, but yesterday
the demand was renewed. The payment of the dividends is
daily putting a large sum in circulation, and the public have
been re-investing in small amonnts. At the same time the
discount houses in Lombard-street have been full of cash,
though no abatement of rates can be reported. Some
railway companies have succeeded in renewing their deben-
tures at 41 per cent. Tke commercial demand has been
moderate, notwithstanding that the weekly trade reports
indicate rather an increasing amount of manufacturing
production. These favourable circumstances have had their
natural influence somewhat increased by a report that an
issue of £10,000,000 in £1 notes was in contemplation—a
report not yet to he depended upon. On the other hand
there are some advarse circumstances. One is the still
diminishing stocks of bullion in the banks of England and
France, whilst the demand, both from the Continent and the
East, is unabated. With a view to stop the efflux of gold
from this country, it was currently stated in the early part
of the week that the bank would advance the rate of
interest once more, hut the directors separated on Thurs.
day without any change. Another adverse circumstance
is, the possibility of both England and France requiring
loans, even tbgugh peace be made. Whatever be the result
of the existing efforts to put an end to the war, these cir-
cumstances must embarass the operations of ,the Money
Market for some time. The Bank return for the week end-
ing last Saturday is again unfavourable. The Bullion has
diminished £119.958, and the Reserve £606,453, while the
Public Securities have increased £2,585,94t. indicatirg
that large advances have been made to thy Go'vernment on
Deficiency Bills. The arrivals of Specie during the week
have been £170,000 by the West India mail, of which
£117,000 was in gold, and the rest in silver; £5,400 from
New York ; £lBO,OOO from Australia ; £5,457 fromvthe
Peninsula ; and £35,000 in silver from the Continent. The
whole of the gold has been taken on continental account ;
is hoped that the next arrival from Australia, which
2400,000, will be retained in this country.
-^ on Paris, however, is not favourable to
'way Shares, in sympathy with
, but business in them has been
The traffics still continue good. Foreign Securi-

announ epa

will be abo.nt
The rate Of Ea

its rema'nint hrr Ra
Consols, have all advance

lithited

learly all higher; and many transactions have
taken place in both classes of Turkish. .loint Stock Bank
Shares have also improved; but there have been few deal-
.•

ingq in them

We quote the following report of the London
Tallow Market from the weekly circular of Messrs.
Smith & Charles :
The result of Count Esterhazy's mission to the Dpperor
of li.uszia (referred to in our circular, of the 17th 'ultimo)
has 'been 'announced to the world. It is that the Czar
accepts the terms proposed by Austria as a basis of nego-
elation. It were vain to speculate on the result of these
negotiations. We know the result of the Vienna confer-
ence of last April; we know the character of Russian
diplomacy. What we do not know is the internal condi-
tion of Russia. It may be that that condition is
such as to render a further prosecution of the war by the

w

the opinion entertained in the city is, that the iroTa-
ire as nine to one. A complete
as the second edition of
-the news from Viennna.

)u:nal

; an a seebnd
naterial