The Northern Daily Times.
Liverpool, Merseyside, England, 1856-10-22 00:00:00

MONETARY AND COMMERCIAL,

was the business of the Bank directors to know
how to procure gold and silver for their wants,
without recurring to means of a revolutionary
character." If this statement be correct, there is
no likelihood of that national establishment issuing
any 25 franc notes over and above their regular
circulation, far less suspending specie payments.
Advices from Constantinople state that the Com-
mission appointed to decide upon the application for
the concession for the formation of a national bank
had given notice for all the plans to be sent in by
the 11th inst. These plans were to be based on the
principles described in the Times of the 28th of
August, but it had been announced that the loan,
the raising of which was to form part of the condi-
tions, must now be for 8,000,0001., instead of
5,000,0001. as originally contemplated. The Com-
mission consists of Fuad Pasha, Foreign Minister ;
Rifaat Pasha, President of the Council ; the Alinisters
of War and Commerce, and the Master of the
Mint. Intrigue was active to prevent the return
of Redschid Pasha to power, but that event was,
nevertheless, daily expected.
The, general business of the port of London
during the past week has been active, although the
arrivals have been less numerous. The number of
vessels reported inward was 195 ; being 93 less than
in the previous week. These included four cargoes
of sugar, three of tea, seven of fruit, and a large
number of grain and flour. The number of vessels
cleared outward was 116, showing a decrease of 7 ;

LIVERPOOL, TUESDAY EVENING,

The Cotton Market continues very firm. Specu-
lators, influenced by the Canada's adv ices, carry on
extensive operations, and, compared with the rate 3
current at the close of last week, prices of American
are id per lb dearer on all current qualities ; other
kinds are idper lb. up. To-day's sales are 15,000
bales, of which exporters took 2,000 American, and
speculators 1,000 Surat and 5,000 American. The
total sales since Thursday last are 70,000 bales,
and the imports during the same time 15,000.
The Liverpool Share Market has been well sup-
ported to-day. A little weakness was manifested
early in the afternoon, but it soon passed away,
and the closing quotations, especially for London
and Midland Stock, were the highest of the day ;
of the heavy Stocks, Leeds was least buoyant.
Blackburns were depressed, owing to a rumour
that the negociations with the Lancashire
and Yorkshire were not progressing favourably.
The transactions of the day comprised—
Blackburns, 7 11-16. Bristol and Exeter,
921. Eastern Counties, 9. Lancashire and York-
shire, 931, .1, I, 94, 31, 38, t. London and North
Western, 101; 8, 1. Manchester, Sheffield, and
Lincoln, 324, I. Midland Stock, 761, ,
1. South Eastern, 20:, t, I. East
Lancashire, 5 9-16. Great Western of Canada,
221, 3, 221. Magnetic Telegraph, 46. The market
closed with considerable steadiness. The last prices
were—Aberdeen, 121 13. Chester and Birkenhead,
151 151 Caledonian, 271 271. Chester and Holy-
head, 151 161. Eastern Counties, 9 91. East
Lancashire, 20 201. Great Northern, 231 231
Ditto A, 10 10. Great Western, on 64. Lauca-
shire and Yorkshire Stock, 934 94. Liverpool,
Crosby, and Southport, 18 181. London and
North Western Stock, MI! 102. Manchester,
Sheffield, and Lineolu, 321 324. Midland Stock,
764 77. North British, 9 9/. North Staffordshire,
51 5,11. South Eastern, 26 5-16 264. York, New-
castle, and Berwick, 19i 191 York and North
Midland, 271 271. Leeds Capital Stock, 17 171.
Buffalo and Lake Huron, 4 fd. Dutch Rhenish,
p. Great Western of Canada, 221 231. Ditto
New Shares, lip. Great Luxembourg, 111
110.
The Money Market, both here and in London,
is somewhat easier, which, with the expected early
arrivals of gold from Australia, assists materially
in giving a more confident tone than it would
otherwise present In the absence of any important
intelligence of a character likely to affect the
English Funds, they opened to-day with steadiness
at the final quotations of yesterday, which they
have maintained without alteration up to the
close. There is not much animation in the
market, and it would appear as if the more
extensive operators are not yet satisfied with the
aspect of affairs generally to enter into large
transactions. This remark also applies to the
Foreign and Railway Markets. According to
a telegraphic despatch from London we learn that
the quotations at the close were :—Consols, 91
911 for Money, and 911 92 for Account. The New
Three per Cents were 911 911, and the Reduced. 90
914. Exchequer Bills 3s to 6s premium. Bank
Stock is 2101 213.

those clearing in ballast amounting to 17. The
number of ships on the berth loading for the
Australian colonies is 52, being 10 less than the
last account. Of those now loading, 4 are for
Adelaide, 1 for Auckland, 4 for Geelong, 3 for
Hobart Town, 5 for Launceston, 1 for Melbourne,
2 for Moreton Bay, 7 for New Zealand, 8 for Port
Philip, 1 for Portland Bay, 1 for Port Fairy, 12
for Sydney, 2 for Swan River; and 1 for Warrnam-
b 001.

1 By our Paris advices we learn that in monetary
matters there is a tendency to greater steadiness,
but the accounts regarding the position of the
Bank are still contradictory. Some persons assert
that, notwithstanding the better appearance of
affairs in general, it continues to lose money every
day. Probably such improvement as may be
observable is chiefly at the branches, and that upon
balance there is a recovery. The large contract
lately made for gold is insisted upon as a reason
for confidence, and, in addition to this, the Bank
and the Government are said to be using the
strongest persuasions upon such money dealers
in Europe as they may be able to influence, to
induce them for the moment to limit any trans-
actions that might have the effect of drawing silver
from Paris.

TRADE REPORT

-TUE SDAY.

LIVERPOOL

COTTON : We have again to report an active demand
for cotton to-day, and, with only moderate offerings,
yesterday's prices are quite maintained. The sales—
including 60 Maranhams 7id, 700 Egyptians 6M to Bid,
2,000 Surats 4-id to stel—are reported 15,000 bales, of which
8,000 are on speculation and for export.
SIMIAN : There continues a very firm market ; the sales
comprise a small parcel Demerara at 48s, and at b2s 6d
for grainy, 200 bags yellow Dates at 495, 250 bags Cossi-
pore to arrive at 51s 6d, 20 cases 1,660 bags Bahia in
bond at 30s 61 from the quay, 70 tons brown Bahia, to
arrive, at 31s, and 100 boxes Havana at 33s 6d per cwt.
-

In the Foreign Stock Market the principal
change to notice has been in Turkish 6 per Cents,
which, owing to a statement that a new loan of
8,000.0001 will shortly be announced, have declined
to 89k, 894, 891; the 4 per Cents are 994. Portu
guese 3 per Cents are 44. Russian 5 per Cents
quoted at 108, being an advance. Sardinia are 881.
Spanish 3 per Cents, 41-a ; and the New Deferred,
231 Dutch 4 per Cent Certificates realise 95k.
A moderate busness has been done in Railway
Shares, principally in Lancashire and Yorkshire,
and London and Brighton. Prices, however, have
in some few instances not been supported, while
a slight advance may be noticed in one or two of
the leading lines. Caledonian are 54f, Great North-
ern, 714. Great Western, 631 631. Lancashire and
Yorkshire, 934, z, 94. Brighton, 1041 105. South
Western, 102. Uidland, 751 76k. North British,
361 361. North Eastern, Berwick, 781 79. North
Stafford, 111; and South Eastern, 67 67k. _ _ _

MOLASSES : We have nothing further to notice,

Rum: Very little has been done,

COFFEE : The Jamaica offered by auction this morning
sold readily at full previous prices, 75 tierces realising
chiefly 60s 6d to 92s per cwt, for !good ordinary to fine
middling.

RICE : The sales are confined to 1,200 bags Bengal at
9i 9d to lOs 9d per cwt.
PEPPER : 20 bags white at 74d, 100 bags Malabar at .54d.
CASTOR OIL: 140 cases at 6:1 per lb.
SCOTCH PIG IRON : Our; market; for warrants closes at
68s 6d to 695, cash.

Shipments from Glasgow last week.. -z
Do. do. corresponding week, 1855,
Do. do. do. 1854.

Aggregate shipments from Glasgow from Jan.,,,1856, to date, 411,736
Same period, 1855 443,764

Decrease

The aclvdrice in the Cotton Market lies had the
effect of inducing Spinner° to ask au advance, of
id. per lb in the Manchester Market, but buyers
only operate from absolute necessity, but the
dealings are only limited. At Bradford, yesterday,
trade was rather dull and unsatisfactory, and the
business was like preceding markets. Manufac-
7enerally speaking, have only portions of
. machinery in operation, and look out very
,ixiously for orders. Prices are fully maintained,
and, contrary to being easier, rather show an
upward tendency. The attendance at the Roch-
dale Market yesterday was fair, but business
gloomy. As compared with last week fully as much
has been doing. A correspondent writes :—" We
had one or two Londcn buyers in town, bnt we
heard of no spur to business in consequence. The
continuance of long time is still considered but of
temporary duration, arising from special circum-
stances The accumulation of stocks is dreaded
with the prices at which Wool now sells. There
his been a brisker enquiry for Yorkshire goods,
and fully more business doing than a week ago.
There is a pause in the grain trade. The deal-
ings in the London market yesterday, and at Dublin,
Leeds, Hull, and Liverpool to-day, were not only
limited, but prices were the turn in favour of the
buyer. Complaints still continue to prevail of the
general inferiority of the condition in the southern
parts of the kingdom, nor can a remedy be expected
till a searching January frost, or driving March
winds, penetrate the sta-,:lia, to prepare the grain
for the mill. Scarcely any really dry samples of
pew English wheat have lately appeared ; these
have been readily placed at nearly the late prices,
but the bulk has declined fully is to 2s per quarter,
with great difficulty of sale. Foreign corn increases
in demand, and the imports have continued liberal.
France, America, and the Baltic have been com-
paratively quiet, but the Italian States and the
Levant have been raising their rates of produce.
The first reports of damage in France and Eng-
ante
nUGaAIcI a limited:T he
business marketsteady
therivate
has opened with a appear-
land,has been done in p
and the consequent demand, having given a
contract market, at full prices, and the large public sales
spirit to the Eastern markets, which has been sus- are progressing steadily. LThe refined market is firm;
tained by the lowness of their stocks and the grocery lumps, 58s to 625.
appearance of .a mercantile fleet in the Danube and COFFER : The large public sales of East India are going
Black Sea, so much above the means of loading. off without showing any material alteration in prices.
America being not only the best but cheapest Native Ceylon is quoted 523 to 535, partly nominal.
market, her produce must appear to meet the TEA.—Blackish leaf congoct continues fair; the recent
necessities of Europe. and another year of sue- arrivals of the new season's crop are nearly all sold, and
i
cessful agriculture is before her. he bulk goneinto consumptio.n.
RICE : The market is quiet, 'without showing any altera-
The report of the Governor and Council of the lion, in. prices.
Clyde Navigation has been published. It shows Russ remains steady, but the, demand is very limited.
the surplus revenue for the half-year ending 30th , SALTPETRE has further adva need fully Is; refraction 7i
to 72 sold at 36s 6d to 37s in public sale ; and 37s 6d cash
Sept. to he 32,266/; the rest from last half year
refused by private contract for retraction 3.
was 16,683.1; making, in all, 48,0501. Out of this hanoo (Fouava Day): 2,000 chests have passed ace-
sum the Governor and Council recommend a tion. 500 were withdrawn ; Lalo bought in—leaving 520
dividend at the rate of 6 per cent, which will take sold. Out of Catalogue B, seconds, but few were sold.
3 larger sum, by nearly 2,0001, than the surplus Out of Catalogue A. Bengals sot d heavily, occasionally at
.revenue, reducing the rest fxonn 16,6831, last half- a shade lower prices. Dry leaf Madras bought in at 6d
tn 91 advance on July sales,
year, to 14,7101 for the present half-year. The Corrox : 1,500 bales sold
report alludes to various unfavourable causes advance.
which have affected the receipts of the past half- TALLOW : The market is steamy atl the following quo-
year. Among these, the reduction of mineral tations :—Petersburg Y.C. on the spot, 54s 9d to 55s ; last
traffic consequent upon the colliers' strike; the three months, 54s 6d.
MINES : Business in the market for British mining
diminished importation of grain into Grangemouth stocks continues moderate. The;enquiries of late have
°Wing to the bad harvest last year on the shores of been chiefly for shares in South Frances, Condurrow,
the Baltic ; and the present low rates for goods West Basset, Wheal Trelavraey, Wheal Mary Ann, Great
which exist on the Edinburgh and Glasgow and South Tolgus, Par Consols, Wheal Edward, Wheal
Caledonian Railways. These circumstances are Cupid, and Lady Bertha. In the Stock Exchange this
considered to be altogether of a temporary nature, morning United Mexican shares have been dealt in at 32;
and one of them,• National Brazilian (Cocases) at 311; and St. John Del Rey
in fact, has ceased ; therefore, at 191. Subjoined is a list of yesterday's transactions
the Governor and Council consider themselves in the Mining Exchahge:—Alf!ed Consols, 15/, ; Ding
warranted to continue the dividend at the rate Dong, 32, 2; East Basset, 4s • G Alfred, 9, //2 9,
, mat , ,
above mentioned. a; Great Baddern, 30s, 355; Lady Bertha, 20s, 21s, 225,
22s 6d ; North Robert, 25; Pax Consols, 24, / ; Sortridge
Consols, 3, ; Trewetha, 3*, 1; Wheal Edward, 32, 4;
Wheal Grenville, 35s ; WheaL Mary Ann, Xi, 38, /. In
the Stock Exchange :—Wheal Basset, 31, 4, 32; Alfred
Consols, 152; Great South T:olgus, 121, 13 ; Great Wheal
Alfred, 92; Sortridge Conso is, 31; 'Wheal Edward, 31 1 ;
Lady Bertha, 20s, 22s 6d; ,Great. Wheal Baddern, 245,
255.

Price this time last year, 76s 6d.
CORN : The weather continues favourable, and is enab-
ling harvest in the late districts to progress slowly towards
a close, but on the whole, not in very satisfactory Condi
tion. In all the agricultural markets fine dry wheats
support their value, while that of other sorts is lower
without encouraging business either with the merchant or
miller; up to a few days ago interior buyers took largely
of foreign wheats, from this and other outports ; but, with
the decrease of choice, the demand, though steady, has
slackened off; the abundant supplies received here this
week from America, however, will probably stimulate
renewed active transactions, especially if importers yield
somewhat in price • these arrivals are almost exclusively
of the new crop, and, while much of the stock at this port
of sweet old has been taken into consumption, we may
now look for scarcely any more of this description from
the States. Indian corn, in the face of large supply, has
again rather; improved in value since Friday, and has
been taken as well on speculation as for consumption. New
York advices come lower, against receding values reported
from this side; supplies to the sea board increasing of
wheat and Indian corn, but limited of flour. To meet
the large supply, and in expectation of purchasing on more
favourable terms, we had a large number of wheat buyers
in attendance at our market this morning. A. fair but by
no means extensive business was done, however. Supe-
rior qualities of white and red new American supported
the rates of Tuesday last.aiMiddling classes of each were
obtainable at 2d per bushel cheaper ; but old, of
which there were few sweet parcels offering, can
scarcely be considered lower in that proportion, though
from: but a small demand being directed towards
them, some concession would have been made by sellers.
Barrel flour has been in tolerably fair request, but the
turn Is in favour of the buyers, and sack flier is Is per
280 lbs lower. Beaus sell slowly at the improvement
noted on Friday. Barley without variation. Fine oats
support late prices, but middling parcels being in better
supply are Id per bushel cheaper. New oatmeal must
be quoted 6d per load lower ; old oatmeal unaltered, and
taken to a moderate extent for the country. We advance
our quotations of Indian corn 6d per quarter on the week.
Sales have not been freely made to-day. Mixed American,
333 9d to 34s ; white, 35s to 35s 6d per 480 lbs.
R. MAKIN AND SONS.

res, k

LONDON.

yesterday chiefly at id

The following is a return of the traffic on the
Company of Canada for the
Grand Trunk Railway
56, and corres
',l 20th September, 19

week endir

ponding week, 1855:
Date. Passengers.

Merchandise. Total.
s. d. s. d. £. s
2,308 3 4 2,687 7 1 4,995 10 d.i
1,879 10 7 2,490 4 7 4,369 15 2

______ " THE NEW SAFETY IN %STAND, we can bear personal
-----
Increase 428 12 9 197 2 6 625 15 3
..,witness to, secures to all el: cases one which will keep the ink
Decrease . 'o'xwiiiaeys clean and good- wi di prevent that accumulation of
best
....... • • ......
pe. which spoils the f Lnest writing, and destroys the
The Continental advices regarding the state of
means of tl iis inkstand, too, the amount of
the Money Markets are more favourable, sifil the ink taken by
yt the pen can be easily regulated."—
solution of this important question appears to be Portsmouth 43'itrbe,sy_and Nc. real Gazette.—Sold by all Book-
as yet unsettled. In Germany, the bankers, by sellers. Price
MINOR. misasintiva36.• and is 6d.—Advt.
stringent measures, have recovered from the aongst the multitude of minor
miseries there are few that
recent perturbations sooner than in France; andisztpainfully annoy as the injuries
it appears that the endeavours of the Bank inflicted on the feet by t
neglect of
boots and shoes,
and not unfrequently by the
of France to obtain power from the Governmentare incipient corns and bunk vs.
causes is
advertising
ltuo the
The Mention
tatotfe the toe nails or of
to issue a larger amount of notes than they ritstioT. of residents or
privileged to do, has been met with a decided visitors suffering from
3itniberrisse
to'Her
negative by the Minister of Finance. It is said He is the author of a p ructical exposition on thge cfeoet manna
that the Minister, in his reply to a deputation id announcement of Mr. t
from the Bank and Chamber of Commerce on his testimonials from th e nobility, also Physician
matter, made use of words to the following effect,Is
neighbourhood, speak f
Majesty, medical and otl ter gentlemen, and residents in this
g themselves. Consulting Rooms,
As being the opinion of the Emperor • ~-
.- That it 36 Slater-street.—./dv