Northern Times.
Liverpool, Merseyside, England, 1859-10-17 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, Saturday Evening.
There is no material change to notice in the
state of the Cotton Market. A fair business has
been done to-day, and prices were well supported.
The sales reached 8,000 bales, including 1,000 on
speculation and for export.
The easy state of the Money Market, and the
more cheerful tone of Foreign politics, have im-
parted more activity to the Liverpool Share Mar-
ket to-day. •Prices of the most current descrip-
tions of Stock have advanced half per cent.,
and the market closed very firm, with an upward
tendency. The sales to-day were as follows :
Caledonian, 901 ; Great Western, 641; Lanca-
shire and Yorkshire, 96•? i, ; Lancaster and Pres-
ton Quarter Shares, 24;51 ; ditto New Quarter
Shares, 8., 121 p. •, London and North-Western,
95; ditto Eighth Shares, 1 1-16, id. • Midland,
105 i ; North Eastern, 88/1; Oxford, Worcester,
and Wolverhampton, 331; Dover, 23 1-16, 3c. ;
Grand Trunk of Canada, 7 per cent., 1862, 821 c. ;
North Union, 236 c. ; Manchester, Sheffield, and
Lincoln, 6 per cent., 122; Bank of Liverpool, 191.
CLOSING PRICES.

Ches. & B'head ..77 771 N.Stafford 4. 44d
Caledonian 9oi 91i N. E. Ber. c. Stck 89 89-
E, Counties 11 J-16 11 3-16 York capital Stck . 721 ni
E. L. Stock .... Leeds Stock 444 45
_ _ _ _

G. N. Stock ....1011. 1021 S. Eastern ..23 1-16- 23,1
Great Westerns .. 64:3 644 Dutch R'nish 45 41d
Lan. and York ..968 96.. 9
Gt, Luxem
Ln. & Nor. West. 95 951 G.T.Canda
,2 91
, k-shares ....1 1-16 Id G.W.Canada . . l4l 14!
11. S. and Lincoln 351 351 „ new shares 61-, 61-e1
Midland Stock ..1051 1051 Lomb.-Venetian
N. British St. ... . 591-, 591 „ new shares

The movements of the Precious Metals during
the past week have not been extensive. The
arrivals have composed £21,500 from the United
States, by the New York, and £50,500 by the
Borussia; £lO,OOO from the West Coast of Africa,
by the Athenian ; £4,057 from the Peninsula, by
the Ellora ; and about £20,000 in gold from
Australia, via overland, by the Indus—making a
total of £106,051. The exports have been
£334,790 to Bombay, by the Deta, chiefly in
silver ; £16,000 to the Brazils, by the Oneida ;
and shipments to the Continent, through the
London Custom House, estimated at £20,480—
making a total of £369,210.
Messrs. Brown, Hunter, and Co., in their cir-
cular to be issued on Monday, say :

At this season of the year Cabinet Councils become
very frequent, and occasionally result in ministerial crisis.
Commercial panics, according to precedent, are a feature
of the season : fortunately no such disasters threaten
either the political or commercial world at the present
time. The ministry seems united. Business generally,
however, is not active, and although many articles of
produce leave a considerable loss to importers, commerce
seldom or ever was on so sound a basis. The continued
decline in the value of many staples is beginning to have
its effect abroad ; and if merchants use only ordinary pru-
dence, we may look forward to a period of prolonged pros-
perity. The Money Market continues without change;
the demand is good, and the rates of discount in the
open market differ very slightly from those of the bank.
WooL.—The trade generally is in a very healthy
position; the demand by private, however, is restricted,
as stocks are held for the public sales, which commence on
the 19th inst., when about 11,000 bales of East Indian
Wool will be offered for public competition. The upward
tendency in prices, which has for some time past been
apparent in the Wool market, still continues, with
evident signs of their attaining a still higher range,
under the present increased rate of consumption, unless
unforeseen circumstances occur, as every branch of the
Woollen trade is fully and profitably employed.

LONDON STOCK EXCHANGE.
LONDON, Saturday Evening.
The Funds to-day show great firmness. Con-
sols are even quoted 1-16 per cent. higher than
they closed yesterday. In the other departments
of the Stock Exchange the tendency is likewise
decidedly to improvement. The New Indian
Loan and British Railway Stocks have risen
considerably. The settlement in the latter market
is in satisfactory progress. The Scrip of the
New Indian Loan has risen to 1021 to 103; and
the stock is quoted at the same price.
are officially marked 95Ti to
famor
roe money and aB, nt
buyers,"
theye
Nov.r
s account.flo, rhe
Three motley,e 96, b Consolsth
for
present quotations
and 96k, " sellers,"
toir. C.ents. Reduced
the New Three
o-and-a-Half
have been dealt in at 94::
per Cents., at 941 to ; the New'
to,at
dll.l ;
per Cents. at 794 ; the Five per Cents.,
the New Indian Loan (stock), at 1021
scrip at 1024 to 103 ; the Four per Cent., °
De-
bentures of last year, at 96 to 961 ;
1859, at 951 to 96 ; India Bonds, at Is.
discount to 1 s. premium; and Exchequer Bills at
255. to 28s. prem. A considerable amount of
business has been done in the foreign stock market.
The old Turkish Six per Cents. are rather firmer
at 784 to 79 ex div. The Loan of 1858 is dull at
68i to 1. Russian scrip is marked dis. Other
foreign stocks are steady. Sales are recorded as
follows :—Brazilian Old Five per Cents., 102-;

ditto Fouriand-a-Half per Cent 9., 1852, 9 ; ditto
Four-auila-Half per Cents., 403, '95-1-i,; Buenos
Ayres Si. per Cents., 781 ; S4per Cents.,
103 ex div. ; ditto Three per Cents., ; Dutch.
Two-aufl-a-Half per Cents., 66i. (exr.hange 12fl.);
ditto Four per Cent. Certificates, .99,7; ; Mexican
Three per Cents., 221, 24, 221. 'Russian Four:-
and-a-Half per Cents., -991 ;. .ditto Three per.
Cents., 1859 (scrip); I dis. ; ardinian Five per
Cents:, 86 ; Spanish Three per%Cents., 461 • ditto
New Deferred Three per -Cents., 33-1 ; Turkishl
Six per Cents., 1854, 79 7.8 f: ,ex div. ; ditto, for
account, 79 ex div. ; ditto Six per Cents., 1858,
68 682.

THE FUNDS.-CLOKNG PRICES.
Con. Money .. . . 954 6 i Bank Stock .. . . 220 22
Account •96 1- Three per Cents. 941- .5
Exchequer Bills. 25 8 Xext Account, ..

• RAILWAY SHARES.
Ainb. Not. &E. J. 6 Lanc. &York .. . . 96
Caledonians .... 891 901 L L.& N.W g
Dutch Rhenish.. L. and S. W 94,1 5
Easteri Counties 5.5 LeediNorthern :441 51;
East Lancashire. sfan.Sheff.&Lin. 351
Editbgh. & Glas. 78 9 Mid:Stock .. .1051 t
Great Northern..lo2 3 ; North British
9? „ A. 85 6 N. Staffordshire. ---
Gt. West.
Gt. W. of Canada 14 York,New &Ber. 891

Gd.Tk. of Cna... 95k I York &N.Mid. 724 3
Gt. S. and W... 106 108

VICTORIA RAILM'AY LOAN.

The following official notification of a new Vic-
toria Railway Loan for £423,600 sterling has
just been circulated :
Issued under the authority of the Railway Loan Act
of the Legislature of Victoria, No. XXXVI., dated Mel-
bourne, 24th November, 1857, intituled; "An Act to
authorise .the raising of Moneys for the Construction
of Railways," to be effected by the issue of deben-
tures, bearing interest at the rate of Six per Centum per
Annum, in amounts of £l,OOO, £5OO, and.£loo each,
secured upon the consolidated revenues of Victoria, and
redeemable on the Ist October, 1883. The Committee
appointed by the six associated Australian Banks, as
agents in this co-e.ntry of the Government of Victoria,
for the negotiation of the above loan, hereby give notice
that they will be ready -oireat for a further portion
the above-named debentures, not exceeding £423,600
sterling, by public tender, at the London and -West-
minster Bank, at two o'clsck precisely, on the afternoon
of Monday the 24th instant ; no to which time sealed
tenders will be received there from all parties who may
forward the same, addressed to the chairman of the
committee, and endorsed " Tenders for the Victoria Six
per Cent. Loan," or attend in person therewith. In
cases of equality of tenders beyond the amount to be'
issued, they will be subject to a pro rata diminution.
A deposit of five per cent. on the amount of each
tender must be previously paid to the London and
Westminster Bank, or to the London Joint Stock Bank,
and the bankers' receipt for ' the same enclosed
with the tender. Such tenders will then be
opened in the presence of all so attending and read
publicly; and the purchasers forthwith declared to be
those who have offered the highest price not under the
minimum previously fixed by the committee, and which
shall be contained in a sealed paper, placed on the table
before the tenders are opened.
The debentures so contracted for will be deliverable
to the subscribers at the London and Westminster Bank,
on Monday, the 31st instant, upon payment of the
balance due thereon.
Purchasers of the debentures will be entitled to the
interest accrued from the Ist instant.

Principal and interest payable in London at the Lon-
don and Westminster Bank and London Joint Stock
Bank. Interest payable on the Ist April and Ist Octo-
ber in each year by Coupons.
For the Bank of New South Wales, D. Larnach,
chairman of committee:

For the Bank of Australia, -D. Q. Henriques,
For the Union Bank of Australia, James I. Cummins.
For the Bank of Victoria, by their agents, the London
and Westminster Bank, John G. Cattley.
. _

For the Loudon Chartered Bank of Australia, D.
Dunbar.

For the Colonial Bank of Australasia, by their agents,
the London Joint Stock Bank, W. J. Lancaster.

London, October 14, 1859.

CALIFORNIA GOLD THIS YEAR AND LAST.
The following table shows the amount of gold brought
by each steamer- from California and landed in New York.
this year, compared with the shipments of corresponding
dates in 1858. It will be seen that the increase in; the
influx of gold this year is nearly a million and a quarter
O'er the amount brought last year, up to the present
time :
Date of Shipment. 1858. 1859.
December 20.. . . . $1,607,440 $1,376,300
January 5 . . . . 1,565,779 1,210,713
7/ 20 . . . . 1,348,507 1,304,865
February 6. . . • . 1,640,429 1,287,967
/, 20 . . . , 1,279,134 920,177
March 5 . . . • 1,403,349 1,032,314
20. . • . 1,352,912 1,404,029
..,
April 5 . . . . 1,486,565 1,723,352
I/ 20 . . . • 1,615,351 1,480,115
May 5 . . . . 1,575,991 1,938,699
9 20. . . . 1,446,175 1,513,975
June 5 . , . , 1,799,502 - 2,041,237
~ 20. . .. . 1,401,714 1,736,865
July 5 . . . • 1,163,81.7 , 2,135,375
77 20 . . . . 1,551,513 1,860,277'
August 5. . . . 1,434,674 2,126,333.
20 . , • . 1,640,798 2,022,458
p.
September 5. , . . 1,570,924 2,042,363

Total. . . . $27,917;574 $29,157,414
Last year

Increase thus far this year . . . . $1,239,840

The following appeared in a part of our,
impression of Saturday :

THE MONEY MARKET.
The gloom which prevailed yesterday in the Stock
Exchange has been dissipated to-day by a buoyancy,
the result being a general improvement. Consols have
risen ato H per cent., and the New Indian Loan per
cent. British railway stocks were especially strong.
All the markets closed firm, at the best point of the
day. There was a good demand for money, to-day ;
and, although the best bills were discounted in some
quarters at 21- to 27, per cent., several of the principal
establishments could scarcely be prevailed upon to
accept business below the Bank minimum. No gold
was sent into, or withdrawn from, the Bank to-day.—
Daily Newt
The English Funds opened this morning with general
symptoms of revival, and have again increased in
strength during the day, from the article in the Con-
stitutionnel intimating that all the leading Powers of
Europe are about to take part in a Congress for the
adjustment of the Italian question. The supply of
capital from the payment of the dividends led to a
further demand for Indian securities, and also
to a slight rise in Exchequer Bills, it being
difficult to find employment for money upon any
terms on the Stock Exchange. The final price from
Paris, this evening, shows a full recovery from the fall of
per cent. which took place yesterday. In the foreign
exchanges, this afternoon, there was a demand for bills
upon Amsterdam and Hamburgh. A slight improve-
ment took place in the rate on Paris. The quotations
on Austrian were less favourable to that empire.—Times.