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

COMMERCIAL INTELLIGENCE.

MONEY AND STOCKS.
Since our last report of sth inst. the Stock Market has been
very active, and the prices for nearly all descriptions of securi-
ties have had an upward tendency. In some instances the
improvement is large, and the advance is generally well main -
tained. The favourable sta'e of the market is attributable to
several causes. The most prominent is the confirmation of the
hopes of an early peace, derived from the accounts per Persia on
9 h inst., and further strengthened by those per Canada,which
reached us by telegraph from Halifax on 17th inst. The dis-
position to purchase stocks in anticipation of the ultimate
realisation of those hopes, has received an additional stimulus
from the increasing abundance of monry, and the prospect
of the payment by the United States Treasury, about the
Ist of May next, of 7,750,000 dollars ici coin, on account
of the Texas debt—the greater part of which is owned
in the United States. The large accession, from
this source, to the specie reserves of the banks will, it is
expected, in connection with the great internal prosperity of
the country, insure an easy state of money matters during the
spring, and lead to great activity in business, with higher
prices for stocks generally. State stocks are very firm, and
generally scarce. The quotations show an advance during the
fortnight of 1 per cent in Virginia 6s, 2 in Missouri and North
Carolinas, 21 in Louisianas, 4 in California 7s, and 21 in
Indiana 6s. The changes in city stocks are slight, and the
demand for these is limited, but they are generally held for
higher prices. The business done in railroad securities has
been unusually large, and although, in many instances, the
returns of earnings for January, on account of the interruption
of business by snow-storms and the cold weather compare
unfavourably with those of last year, there is a general im-
provement of from 2 to 8 per cent in both bonds and shares.
CAMMANN & C

coTTOW,

During last week a steady demand prevailed in this
market, both for cotton on the spot and in transitu ; the
sales daily were large, and prices gradually advanced, until at
the close they were Cully to to Kc higher than at the close of
business on the 11th inst. On Monday and yesterday, holders
demanded still more, and a further advance of to ic was
obtained, making a gain of fully half a cent per lb in the past
week. The sales on the spot I estimate at 7,000 bales, taken
for Liverpool, the Continent, and domestic consumption. The
clearances during same time have been—to Liverpool, 2,3(12 ;
Havre, 2,100; Hamburg, 864 ; Naples, 678 ; Rotterdam,
492; Antwerp, 483. Total, 6,919 bales.
By telegraph the following has been received :
New Orleans, Feb. 16.—Receipts for the week 45,000
bales, same week last year 23,500 bales. 18th Feb.—
Canada's accounts received; market active; sales to-day
14,000 bales, at an advance of 13; middling, 91c. Freights
firmer.

—Receipts for the week 20,000 hales.
same week last year 7,500 bales. Sales for the week 24,000
bales; sales to day 2,000. Market firm. Middling Dc to 9tc.
Freight—to Liverpool, 9.161 ; Havre, 11c.
Charleston, 18th Feb.—Market active ; sales to day 1,500
bales ; advance kc to lc per lb.
The following is a statement of the movement in Cotton
since the Ist September last, as compared with the previous

Mobile, Feb. 16th