The Northern Daily Times.
Liverpool, Merseyside, England, 1856-11-04 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, MONDAY EVENING,

The Cotton Market was exceedingly dull today.
Holders do not think the American advices
so encouraging, and have rather pressed sales.
Under these circumstances, prices were barely
maintained, though no quotable decline could be
The sales were 5,000 bales, mos'ly to the
In reference to the Cotton Trade, a cor-
respondent, under the signature of " Facts,"

noticed.

trade

writes
More than three months have now elapsed since the
first bale of the new crop reached New Orleans, and vet the
shipmetiig of Cotton from all Mg- ports in the United
States, from Ist September to 22nd October, only reach
19,000 bales, while the consumptive and export demand in
Liverpool for American Cotton, amounts monthly to about
150,000 bales. Prices in the States (notwithstanding a
decline of one per cent. per lb.) still continues to rule above
those current here to-day, while they exceed the last
qttotations they then had from this side 'ld. per
lb., hence the small business doing for England-
and the vessels loading which are very few, find
great difficulty in completing their cargoes ; we must,
Consequently, be very bare of stock in January, and even
for the three months after the imports cannot much exceed
the trade wants, unless short time is resorted to at once
in Manchester. The accounts of the crops, received per
Niagara, confirm those previously advised, with the addition
of heavy rains prevailing, the estimate range from 2,750,000
bales to 3,000,000, bales. The stock held in Liverpool on
31st October, was 450,000 bales, to meet a demand for
consumption and export till 31st December, say nine weeks,
at 46,000 bales per week, or 414,000 bales. The quantity
at sea from America is 15,000 bales, and East Indies
100,000 bales, all of which latter cannot arrive for three
months:
The tone of the Liverpool Share Market was
rather better to-day, more business was done, and
prices slightly higher than on Saturday. The
day's transactions consisted of Blackburn, 9 1-16.
Caledonian, 281. Chester and Holyhead, 18.
Eastern Counties, 0. Great Western, 65.
Lancashire and Yorkshire, 951, 1,1, 1,7,- 1.
London and North Western, 1043, -14,1 Manchester,
Sheffield, and Lincoln, 341. Midland, 79a, I,
Newry and Warrenpoint, 51. North
Eastern, 20, e Dovers, 211, 1,1, 1,1, 11,„ f.
Great Westernlof Canada New, 3,21516, 3, 21,-h. The
following were the closing prices :-Aberdeen, 121
12*. Blackburn, 9* 91. Chester and Birkenhead,
15* 15*. Caledonian, 28 7-16 284. Chester and
Holyhead, 18 18*. Eastern Counties, 9* 91.
East Lancashire; 20* 24 Great Northern,
23*, 23*. Ditto, A shares, 10 101. Great
Western, 641 65. Lancashire and -Yorkshire
Stock, 951 95g. Liverpool, Crosby, and South-
port, 171 18. London and North Western
Stock, 104/ 105. Manchester, Sheffield, and
Lincoln, 341 341. Midland Stock, 791 eo.
North British, 93 91. North Staffordshire,
61 s*d. South Eastern and Dover, 21 9.16 21a.
York, Newcastle, and Berwick, 201 20*. York
and North Midland, 29 291. Leeds Capital
Stock, 171 18. Buffalo and Lake Huron, par ip.
Dutch Rhenish, 11 lip. Great Western of
Canada, 25 251. Ditto, New Shares, 21 3p. Great
Luxembourg, 114 lld.
The following was the business done in the
Manchester Stock Exchange yesterday :-Shef-
fields, 341 ; East Lancashire, 201; Do. Fifths, ip ;
Dovers, 21 7-16, 1; Midlands. 79-2-, I; Cheshire
Junction, 171.
The Money Market remains in the same state as
previously reported, with a moderate demand.
The Public Funds and Securities, tto day, opened
with a very steady feeling for Consols, at 921 to
93, rose to 931, and closed at 931 to 931 for
both Money and Account. Exchequer Bills were
sold at from par to 5 preen„ and Three and a
Quarter per Cents opened at 928- to 1, but subse-
quently declined, closing at 921 to 921.
Tl-1 London Share Market was very firm
throughout the day, closing Itt the best quotations,
viz :-Ambergate, Nottingham, and East Junc-
tion, 41 4. Caledonian, 57a -1. Edinburgh aid
Glasgow, 54 55. Eastern Counties, 9* 91. East
Lancashire, 81. 82. Great Northern, 931 941.
Do. A Shares, 83* 841,-. Great Western, 65 651.
Leeds Northern, 17-1 18. London and North
Western, 104* 104*. London and South Western,
1051 106. Manchester, Sheffield, and Lincoln.
341 35. Midland, 79a 791. North British, 37'„
381. Dover, 71* 72. York, Newcastle, and Ber-
wick, 801, and York and North Midland, 38/ 394.
The Customs Bill of Entry of this morning pub-
lished the usual weekly returns of the commerce
of the port of Liverpool, as follows
Entered Inwards.
No. of Ships

Week ended
Ist Nov., 1856
Ist Ngv., 1855
Increase in ships

Tonnage.
44,141
20,369
23,772

.59. Increase in tonnage
Cleared Outwards.
No. of Ships.

Week ended
Ist Nov., 1855

Tonnacze.
.50,168

Ist Nov., 1856

49,919

Increase in ships .... 5. Decrease in tonnage .. 249.
Reported Inwards.
From Ist January. Ships. Tonnage.
lat N0v.,1856 3,694....... . . 2.080,810
Ist Nov., 1855 3,520
_1,745,802
Increase in ships ..174. Increase in tonnage.... 335,008
Our Lisbon commercial advices inform us that
on London the supply of paper was larger than
previously, but money was scarce, and the exchange
consequently rose to 533, and closed with paper
over at that rate. Continental paper continued
scarce, and. with the exception of Paris, nothing
had been effected. The following were the quota-
tions :—London, 30 days, 53 to 53,-1; 90 days, 53k.
Paris, 100 days, 528 to 530. Hamburg, 473. Am-
sterdam, 423. Genoa, 528.
We take the following report of the Silk Trade
of London from the monthly circular of Messrs. H.
Wai thm an & Co , j us t issued :
The silk market remained in a state of depression, and
prices continued to droop till the public sales, which took
place on the 22nd and :23rd ultimo, when an improved de-
mand sprung up; and although as usual there was scarcely
any bidding by auction, still a large business was done by
private contract, at a reduction of 2a 6d to 3s per lb from the
highest rates in September ; the operations in China silks
have embraced about 3,000 bales, leaving scarcely any stock
in importer's hands. The China letters were delivered yes-
terday ; the settlements to date (Shanghae, September 6)
had amounted to about 35,000 bales, against 12,000 bales
at the same period in 1855, and the shipments to 21,000
bales against 6,100; prices had advanced 15 to 20 dollars
per picul, and exchange had risen to 7s 60, giving an en-
hanced cost to silk of 10 to 12 per cent. The deliveries for
the month are 4,233 bales. In Bengal silk the business done
during the past month has been very moderate ; the supply
coming forward is small. Italian silk : The decline in
prices is still immaterial, but scaraely any business has been
done. In Brutia and Persian silk there is nothing
.to
notice.

The state of the Tobacco Market during the
month of October, is thus referred to in a London
circular :

In our last we submitted different statements respecting
the growing crops of tobacco, based on the supposition of a
late and favourable season. These, even, were not very
encouraging., but the basis of them has entirely failed, and
instead of the season calculated on, there has been one of
the earliest and most destructive frosts ever known. The
result is, that the quality is very nearly ruined, and the
quantity materially lessened, as, though frost still leaves
something that passes for tobacco, its injury is not stopped
at what it destroys, but extends to that which the planter in
his fear cats down before it reaches maturity, and it is now
said that one of the smallest crops for the last twenty years
will be that of this year. This is the crop to supply us for
the year 1858 ; and on considering the present small stocks,
it is not very surprising that the news produced a most
startling effect on our market. The month opened rather
quietly, but in the first ten days there were several parcels
of low Western strips sold at about 10d. Then arrived
telegraphs of the frost, soon followed by letters, and since
then there has been a brisk business at regularly advancing
prices.
Until the last week, only one importer put his new
supplies on the market, and we are still with very few
parcels of any kind offering. The sales exceed 2,000 hhds.
In Mining operations, the subjoined. dividends
have been declared during the month of Oct. :
Per share. Amount.
Par Consols
North Wheal Basset ..... 016 0 4,800
Wheal Basset
Fowey Consols
West Wheal Seton
Lisburne
Alfred Consols
055 600 111,:502053600
Sortridge Consols
Wheal Clifford
Rose warne United
Botallack
Dolcoath
Condurrow ..... •..
Eyam
East Pool
Wheal Trelawny ...... 1 0 0... • 520
Newtonards

Total
Intelligence has been received from St. Peters-
burg that a concession has been granted to a
French Company for 80 years, to construct about