Northern Times.
Liverpool, Merseyside, England, 1859-02-26 00:00:00

YESTERDAY'S MARKETS

LIVERPOOL PRODUCE.—Colonial, &c. Our Sugar
market remains steady ; the business comprising-70
hogsheads Demerara at 39s 6d ; 215 bags Benares at
46s ; 330 bags grainy Bengal at 48s 3d ; and 5,200 bags
Peruams at 24. s 9d per cwt, in bond. We have no sales
to notice in Molasses, Ruin,. or Coffee. The transactions
in East India Rice are confined to 1,400 bags damaged
Necrausie at 6s for first class ; 300 casks fair to good new
Carolina have realised 22s to 23s per cwt. In Dyewoods,
we have only to notice 50 tons split cut Limawood at
£l2 to £l3; and 15 tons Barwood at £3 10s per ton.
Of Ashes, 10 barrels Pearls at previons prices. No
business to notice in Nitrate of Soda or Saltpetre. The
sales of Brimstone for the week are about 160 tons, at
£8 to £8 5s per ton, for best•seconds ; 100 bags Palermo
Sumac reported at lis to 12s 6d ; 10 tons Queroitron
Bark at 7s 6d ; 50 bales sea damaged Gambier. at 14s
9d ; 200 bags Saga _Flour at 14s to 14s 6d ; 100 boxes
large Pearl Sago at 17s; and 5 barrels Bahia Tapioca at
40s per cwt. Oils : Palm at £44, and not much doing ;
nothing to notice in Olive ; 3 tuns tinged Seal Oil .at
£35 per tun ; and 2'tuns Gingelly at 35s per cwt. Of
Rosin; GO barrels common at 4s 10d to ss; and small
sales of Spirits of Turpentine at 41s per cwt. Seeds :
220 bags. ordinary Calcutta Linseed at 50s; 100 bags
Bombay at 52s 9d per quarter; 50. bags Nigerseed at
38s ; and 250 bags American Red Cloverseed at ' 61s to
61s 6d per cwt.

LIVERPOOL COTTON.—The continued heavy receipts at
the American shipping ports, and the uncertainty engen-
dered by the present complicated state of continental
politics, exercise a very prejudicial influence upon our
cotton market. A good inquiry has been
.daily, experi-
enced from the trade and exporters;'resulting in fully an
average weekly business; but holders, although ,study in
their demands, 'offer their stocks so freely, that the mar-
ket, throughout has leen void of animation; and the
extreme rates of last 'week are no longer obtainable.
Brazil and Egytian in moderate request, at late rites.
Surat in better supply, and rather easier. The weekly
sales are 42,050 bales, of which 3,710 are on speculation,
and 6,160 for export.

THIS W EEK

PricesPaid.l Cur. Prices.

Import. i Sales

DT:SCRIP-
TION. I This Week.l Mid.' Fair.

d. d. d. d.
RI 890
.i.oxv., I 650 Sea Island 19A to 19 123 to 13
' i 8,57 Q Upland ..,.1 li 0 11-16 7 O
34 76, 5,790 Mobile l5l 7 5.4161 74 f ----
' 17,73 G New Orleans 4 8/ 7 7 I .
2,400 1,900 Brazil
3,372 1,630 E.Tptian 74 104 7/ 8 22,470
• 9*
50 IN est India . 6 0 7 74 1,250
1,804 5,730 East India I 6L,
•54 5/ 23,990
52,441 42,050 Total ...

367,050

LIVERPOOL CORN.—This morning's market brought an
average attendance of buyers. The trade was altogether
as listless as it has been for some time past, yet we cannot
quote. any actual change worth notice in the value of any
one article. American oaty red wheat, 'ss 5d to Gs ;
French red, 6s 2d to Gs 4d, white, 6s 9d to 7s ; Danzig,
7s 10d to 8s 2d per 701bs yellow and mixed maize, 29s to
31s, and white 33s to 35s 6d per 4801bs. Irish old oats,
3s 4d to 3s Bd. Scotch and foreign, 4s to 4s 4d per
451bs. Barrel flour ranges from 20s to 25s per 1961b5.
Sack flour from 29s to 38s per 2801bs. Oatmeal, 24s 6d
to 26s per 2401b5. Irish red wheat, 5s 3d to Gs, white
6s 4d to 6s 8d per 701bs. Oats, 2s 9d to 3s 4d per
451bs. ' FOWLER & FREAN.

LIVERPOOL HIDES.—Sales this week : 1,088 salted
Buenos Ayres horso hides, average 321bs, at 11s 3d each.
2,828 do. Monte Video do., 3221bs at 11s. 224 East
India kips, Bengals, 2nd heavy, average 101bs at 5d per
lb. 124 bales and 120 bags South American horse-hair,
grey cut tails, fair lengths, at 2s 101 d to 3s 31-d; fair
mediums at is 71d ; short at is 2d to is 412 d ; mixed
lengths at is 81d. Grey stump tails, fair lengths at
is 11d to 2s ; mediums at ,Is to Is 2id; mixed lengths
at as 4id:to is 7.1 d., )•Black Alit tails, fair to good at
2s 20 to 2s 71d; good mediums at is 6ld to is 91d ;

ordinary do at is 4'd to is Sid; ordinary to, fair, 3rds,
at is lid to is 4d; loose tails, mixed lengths, at Is bbd.
Black stump tails, fair to good 'at is 54-d to is lid;
ordinary do. is 4-1 d; fair mediums at 12d to .13/,d;
ordinary do. at 10id to 111 d; ordinary to fair, 3rds at
51d to 70•,• matted at is ld to is 2,d; fair mixed at
100 to 11,1 d ; slight and slight to 'fair at 9d to 10d;
short at 71-d; common short at 6d to 70, ; matted manes
and tails at Bid to 7s-d; damaged at bad to 64d.. Good
Cordova it 121 d; fair at 101. a. to Hid; ordinary at 9d
to 90; common at 82d. Long drawn grey at 2s 6d;
black at 2s. Cow, off skin, clean long at 117-,d to 12,d;
short at 10-id ;on skin, clean, at lo_p to lid ; short, &c.
at 8d to 9.1 d ; on and off skin at 9d per lb. 37 bales
North American pig hair, common, at 25s to 26s 6d per
cwt. 10 tons Camatina valonia at £l7 10s per ton.
10 tons Savanilla divi at £9 5s per ton. 300 tons cattle
bones, grinding at £5 2s 6d to £5 12s 6d per ton. 5
pipes South American tallow,at 54s per cwt. 21 casks
Australian tallow at 50s 6d.

MANCHESTER TRADE REPORT.—The market keeps
very firm but continental buyers only operate sparingly
on account of the critical aspect of affairs between France
and Austria. Producers continue "Very fully engaged.
LONDON PRODUCE. - Sugar : 'We have again had a
dull and inactive market during the week, and speculators
still remain absent, yet there has been a disposition
shown by the importers to hold with firmness, and the
prices of all good current qualities have been supported,
with but a small amount of business done. Refined
without alteration. Lumps 52s 6d to 545. Coffee: This
article has been sold at the full prices of last week, but the
public sales have not been large. Tea : The principal
feature of'the week has been the public sales, which
went off briskly at full prices. Common congou has
since sold in the private contract market at
Cotton : A very limited business was done this week at
previous rates. Rice : The market has been dull, and
prices with difficulty supported. Rum has been dull ;
Demerara proof sold at 2s 2d. Saltpetre has been steady,
but not active, yet prices have been fully supported.
Spices sold steadily. Cochineal has been bought to a fair
extent at a slight advance. Jute sold at rather lower
prices. In other articles no material alteration.
LONDON CORN.—The weather very fine. • Arrivals of
English and foreign grain unusually small. Little busi-
ness was done at nominally Monday's. prices. Flour
unaltered in value.

BOROUGH HOP —The shew of new hops continue very
moderate, and all kinds move off steadily at full prices.
In- yearling and old hops very little is doing, at late
rates.

LIVERPOOL Puovisiox.—ln the absence of arrivals of
beef the dealers complain of want of assortmentl and
buy sparingly, preferring- to wait •the landing of the
parcels now at sea ;:'prices are rather in favour of sellers,
and, in some instances, an advance of 2s 6d per tierce
has been made. Pork is quieter, and, Irish being offered
more freely, American attracts less attention. BaCon is
firm, with an upward tendency, but present rates of
American are relatively too high when compared with
English and Irish, and can. only be maintained under
short- supplies. In lard the transactions are on a
very retail scale, holders, however, remain firm at the
late advance. Cheese is dearer for all qualities, and the
demand increases. Tallow is quiet, at about last week's
prices. Linseed cake is a slow sale, and prices are a
shade easier.

LONDON TALLOW.—The market is steady. Annexed
are the quotations :—Town tallow, 51s 9d, nett cash ;
Peterburgh Y.C. on the spot, 62s 6d ; Feb uary and
March, 52s 6d; April only, 52s 3d; April to June, 52s
6d ; October to December, 52s 3d to 52s 6d.

LONDON WooL.—Attendance of buyers at these sales
has been moderate, mostly from' the manufacturing
districts; the biddings have ruled somewhat inactive.
Mr. W. P. Hughes was the selling broker, and he dis-
posed of abofit 2;500 lbs.
LONDON MINES.—East Wheal Russell shares are very
steady to-day at the late advance. The present quotation
is 20 to 204. 'West Par Consols shares have..
advanced
to 23s to 255. ' Tincroft are officially marked in the Stock
Exchange .34, ex div. Shares in Alfred Consols, Wheal
Margaret, Providence Mines, and Clijah and Wentworth
are in demand. • Forein and colonial' mining shares are,
inactive. At a meeting of adventurers' in Treweatha
mine, held yesterday, a call of 3s per share was made.
At a meeting of adventurers , in. Wheal Margaret, in
Cornwall, a, dividend of £7 per share was deelared.
At ,a meetinc, of adventurers- in Providence Mines, held
on Wednesday, in Cornwall, a dividend of £5 lOs per
share was declared. At a meeting of adventurers in
North Wheal Basset, held on 'Wednesday, the accounts
showed a balance in favour of the mine of £583 lOs 9d.
At a meeting of adventurers in West Crinnis and Regent
United Mines, held on Wednesday, the accounts showed
a balance against the adventurers of £193. A call of
lOs per share was made. At a meeting of adventurers in
Wheal Agar, held yesterday the accounts showed a
balance against the mine of 460 18s ld. A call of Is 6d.
per-share was made.

LONDON MONEY, --- Consols continue very inactive, at
3 1 1 a •
closliig prieos of yesterday, 94i,-, 955, 94-4-, to 957,, fluctuating
between buyers and sellers at -95 5-16. " Shares weak,
amain slightly declined; Canadians unchanged

auu
and neglectes-d. Franc',
WAKEFIELD CORK.--7Pair arrivals. The wheat,truu..
is dull, but factors not generally disposed to take lower
prices. Barley and Beals. each is per quarter lower. In
other articles no change. '

%LFAIST ConN.—Supplies of home produce fair, no
change to notied in value of any article. In Corn the
business was dull, but prices not lower.

BELFAST Poßic..—Number of pigs, 1841. Prices,
455. to 51s 6d.

DUBLIN CORN.—Home wheat decidedly firm at last
day's rates, with fair demand. Barley not so good, some
samples remain unsold. Oats, little alteration; inquiry
brisk. Foreign wheat slack, although a good many
millers present. Indian corn, larger sales made than for
many weeks, 31s paid for a prime parcel.
CORK CORN.—White wheat, 20s to 21s 9d ; red ditto,
19s to 21s 6d ; barley, 14s to 14s 6cl; oats, 12s to 13s 6d.
CORK BUTTER.-IStS, 126 s ; seconds, 126 s ; 3rds,
103 s ; 4ths, 79s ; sths, 60s per cwt. 300 in market.

GLASGOW CORN.—Trade dull and inactive. The busi-
ness done wds at. Wednesday's prices.
, GLASGOW COTTON.--The market has been very quiet
this week, owing to the American steamer bringing
aceontits-dtheavy returns and shipments to this country.
Spinners buy only for their immediate 'use. Prices are
1-16 to t lower since last Friday, more especially in the
lower grades of American. Good American scarce.
GLASGOW PIG litox.—The market has been steady to-
day, perhaps a shade weaker Ms 3d cash paid ;, closing
buyers,'.sls ; sellers, 51s 3d, cash ; Nos.' 1 and 3, GM B,
50s 6d.

THE LIVERPOOL AND LONDON INSURANCE

COMPANY.
TO THE EDITOR OF THE NORTHERN TIAIES

Sir,—There are some remarks in the Courier of
this day, respecting the above company, with
which I cordially agree., If I rightly read the
Act of Settlement of the company, the directors
have no power to make the proposed change, viz.,
" the conversion of the shares into stock. - Clause
20th declares, " That it shall be competent for any
meeting to decrease the capital of the company,
provided that no act or deed be done or passed to
release any of the proprietors from their respective
liabilities, to pay the full sum payable, in respect
of every share in the capital of the company."
To attempt such a thing, amounts to a breach of
faith with those who have already insured.

It is a formidable thing to attack a phalanx of
directors at a general meeting, especially when you
have not had in hand their annual report, previous
to the meeting, or there are severul questions
which I should have liked to put to the chairman.
It is to be hoped that we may have some informa-
tion given on these matters, at the special•meeting
now convened.

The m-ymrietors have had no information
-.r •
respecting the cost of the building in Liverpool, nor
of a similar one at Melbourne, nor have they beef; in-
formed that such a building exists in Melbourne, nor
whether these invesments have proved remune-
rative ;
.neither have they been, informed where
the large capital of the company, now said to be
£1,156,000, is invested. Such . a sum, properly
managed, should of itself bring in a good dividend.
It would. hale been well, too, had we been informed
why the Valparaiso loss (intelligence .of which was
not received until January Ist), was not included
in last. year's ~account. Is not. this contrary to
precedent?

Clause- 13th of the supplementary deed sug-
gests a question respecting this, which it would
be well for the secretary to answer.

The directors and shareholders can have .but
:One object in icommon, viz:, the permanent pros-
, perity of the company.;
:We have gone on well hitherto, why propose 'a
change which throws the apple of discord. among
us 9-7-I am sir,-yours, &e., A SHIREBROIiER.

Feb. 23, 1855.

P,s. There are some questions respecting the
new companies, lately brought up also, which
required explanation.. V It is said that their cost
has been included in last year's accounts, but not
the sums received.