The Northern Daily Times.
Liverpool, Merseyside, England, 1853-12-29 00:00:00

MONETARY AND COMMERCIAL.

• LIVERPOOL, WEDNESDAY EVENING.
The position of affairs in political circles con-
tinues to produce feelings of depression in the
London Stock Market, and everything tends" to
show a growing want of confidence in Lord Aber-
deen's premiership. Recent events have helped
much towards infusing increasing doubt into the
public mind as to the stability of a cabinet corn
posed of such conflicting prejudices, all of which
are at this moment on their trail. On foreign affairs
we have the very antipodes of political predilec-
tions ; while, on the subject of parliamentary
reform, the . extremes of party compose the
ministry, who have to agree among themselves
before the public are to be admitted to
its diacuseion. The possibility of a thorough
and positive understanding being come to between
all parties in the cabinet on these subjects is held
to be purely problematical: and whilst these impres-
sions were gaining ground, greater anxiety is begin
ning to manifest itself as to the exact position of
affairs in the East. Acted upon by such influences
the funds must continue to - decline in value ;
whereas if it were not for the existence of these two
serious disturbing causes, the general condition of
the country would justify a range of prices for
our public securities which has never before been
attained. Consols opened at 934 buyers, being
per cent lower than the closing price of yesterday,
but towards the afternoon they advanced 4 per
cent., from which they again receded, and finally
closed at 934, being a decline of fi per cent since
yesterday. Three and a quarter per cents 95% to
954. Bank Stock, 219 to 225. Exchequer Bills,
3s. to 6s. preni.
The Railway Share Market was languid to-day,
'and a further decline of prices took place. Great
Northern, 84 to 85. Ditto A, 83% to 84%. Lanca-
shire and Yorkshire, 67 to 674. Ditto Fifths, 6% to
61. South Western, 103% to 104%. North British,
30% to 312. North Staffordshire, 5e to 5%. York
and Berwick, 634 to 64. Manchester, Sheffield,
taid Lincoln, 22% to 231 Eastern Counties, 134 to
13%. Caledonians, 54% to 551. Ditto Preference,
99 to 101. In the Miscellaneous Share Market

there was scarcely any alteration.
In the Foreign House we notice a decline in
Mexican and Buenos Ayres Stocks, but the amount
of business done was trifling. Mexicans, 231 to
24. Spanish New Deferred, 461- to 461. Ditto
Three per Cents, 21k to 21i. Ditto Passive,
to 5.
The present state of the weather, the season of the
year, and the large speculative operations going on
in the French Corn Market have led to an advance
of 2s. per quarter on the price of English *wheat in
the London market. The short supplies of Eng-
lish grain, which we have noticed for some weeks,
have also helped to advance prices, but as this
weather will induce farmers to prepare their grain
for market, a larger quantity may be expected be
fore long, and when French speculators find them-
selves overtaken by the reaction which must inevi-
tably follow the arrivals of the vast fleet of corn-
laden vessels now at sea; our markets will become
more steady, and less in favour of holders. The
business inifavour of Foreign wheat was extensive,
and at the extreme rates of Friday last. Barley
was quoted ls.. to 2s. per quarter dearer.
The following are the latest returns of the arri-
vals :—British—Wheat, 570 qrs. ; barley, 1,060
qrs. ; oats, 680 qrs. ; malt, 400 qrs. ; flour, 480
sacks. Foreign—Wheat, 1,890 qrs. ; barley, 1,140
qrs. ; oats, 5,030 qrs.; flour, 6,290 barrels.
It was stated on 'Change_ again to-day, that the
British merchants at St. Petersburg were gradually
bringing their affairs within a narrow compass, in
order to be prepared to leave at a short notice.
And several who had entered into contracts for
hemp, tallow, and other products, had disposed
of them at a pecuniary loss to Russian
firms. These and other rumours of dreary
character had produced a further decline in the
value of Consols which were done after the official
closing at 931 to 93.1. The report that the King of
Sweden intended to join the Emperor of Russia
was contradicted by the Swedish merchants. On
the London 'Change, Scotch Pig Iron was quoted
at 795. 6d., and several long transactions on•Spelter
at 241. per ton on the spot to 251. per ton for spring
delivery are reported. Saltpetre in demand at 30s.
to 325. Tallow, 58s. 9d. to 595. on the spot, and
695. forward delivery.
The Liverpool Cotton Market was remarkably
firm to-day with a good inquiry. The sales amounted
to 6,000 bales of which 10 were taken speculation
and for export.

Our Shire Market was much depressed, and the
business done was at a further decline, Caledo-
nians, 27*, I; Eastern Counties, 131,,73; Lancashire,
and Yorkshire, 66/, 8; London and North Western,
1038, 4; Midland, 621,1; South Eastern, 188, I;
York and North, 238, i; Sheffield Stock, 23, k.
The railway traffic returns reported to-day show
the following results when compared with those for
the preceding year :—London and North Western
railway 55,1421., increase 5,2751; Manchester and
Sheffield railway 7,8481., increase 7041. ; Lancashire
and Yorkshire railway 17,8621., increase 1061.
Business was renewed to-day in the Manchester
Stock market with marked activity. Caledonians
271; East Lancashire 161; Kendal and Windermere
13,1; Leeds 67* 67;_ Sheffields 23; Midlands 63*;
Dovers 18 7-16-i ; Eastern Counties 13 to 131.
The Leeds market also opened with considerable
animation, and closed firmly. Caledonians 27*-4 ;
North Westerns 8 1-16 ; Leeds 661 : Dovers 18i ;
Midlands 628.

THE FUNDS, STOCK AND
CLOSI•

SHARE MARKET, LONDON
!TH PRICES.
-ednesday. December 28th, 1853.
London and N. W..... 1031 44
London and S. W 78i 9i
Manchester, Sheffield, &
Lincolnshire 224 Si
Midland Stock 63 i
North British 3oi 1*
Do Preference
Norfolks
North Staffordshire 5 i
Shrewsbury and Birm
Do. L. and N. W. guar.
South E. and Dover —604 1
York. New., and 8er..63i 4i d p
Do. Extension
Do. Preference
York and North Mid
Do. Preference
FOREIGN STOCKS.
Mexican 231 4}
Spanish New Deferred ..46i t
Do. Passives 2li 2}
Do. Threes .Q 5
Russians
Do. 9B 9
LAND SHARES
..;43 5
1 1
39 41

ENGLISH MARKET.
Consols Account 93§ 2
Do. Money • •
Bank Stock .. ....219 20
Exchequer Bills, L. Do .. 3 6 pm
Three and a Quarter per
cent. 954
RAILWAY SHARES.
Ambergate, Nottingham, and
Eastern Junction
Caledonian 54 .52
Do. Preference 99 101
Bristol and Exeter
East Anglian
Eastern Counties.. - 13}
East Lancashire
Eastern Union, A
Do B. & C
Edinbro' & Glasgow
Great Northern

...84 5

85i 41

Great Western
Lancashire & Yorkshire 67
Do. Fifths
Leeds Northern
London Brighton and
South Coast 99 100

Agricultural
North B. Australian
Feel River
South Australia

EDINBtTROII MARKETS.-YESTERDAY.

CORN. —We had a large supply of grain ; sales ready,
with the exception of OATS which were rather dull.
CATTLE.—Large supply of SHEEP ; sales dull, and 2s to
3s a head lower; number left unsold. Cattle large supply ;
sales dull, and prices down 3d .1) Dutch stone.

GLASGOW PIG IRON MARKET.—YESTERDAY.
The feeling in our_PiG IRON market was rather dull to-
day, sellers prevailing; prices not giving way materially,
Warrants being dull quoted, 79s 6d cash; No. 1, g.m.b.,
82s ; No. 3, 765.