Northern Times.
Liverpool, Merseyside, England, 1859-09-03 00:00:00

NORTHERN. DAILY TIME

LIVERPOOL STOCK EXCIIANGI

= S i11.7r72

Tlie following are the closinz pricet4:
Ches. & Bliend 78 xd 781 IN.Stafford

Utlectonia
EColints

-.44 44-r!
23 3-1.

u. N. Stock . . 101 xcl_ 103 15. Eastern

Lan. anclAiark 98 C4t.lJuxembourg
Ln. &Nor. West. 941 xd 94 G. T. Canada
„'B-shares . 1 xd 15-16 d G.W.Canada
M. S. and Lincoln 361 ,364
Midland Stock 1041xd10
Nor. British Stock 601 611

143-, 15
new shares 514 5d

new shares

In the absence of bUsiness, an attempt has been made
to depress prices. But stock is still scarce, and the
market is steady.

FOREIGN EXCHANGES.
Amsterdam, short, . • . 11 14 to 11 15
Do., three months, . 11 16} to 11 14
Rotterdam, d 0.,. . . . 11 16i to 11 16i

Antwerp, do., .
Brussels, do.,
ITamburg, do., .
Paris;" shbrt, .
Do., three months,
Marseilles, do., .
Frankfort, do., .
Vienna, do., . .
Trieste, do., . .
Petersburg, do. .
Madrid; do., . .

to 25 32i
to 25 -32
to 13 6
to 25 15
to 25 40
to 25 40
to 1171
to 12 5
to 12 5
to 34-i
to 42. •

13 57
25- 7i
25 35
25 35

1171
11 95
11 95

THE MONEY MARKET.
(Fro»: the Daily .Areths. City Article.)

, ,
Tnuaso4.Y. EvENixo.—Although gt one period CMn.
sols lid attained an advance of 1; they left off about
1-16 lower than yesterday. , . ' . ' -

In the other departments of the Exclialiov the ten-
. .
dency—Of prices was upwards, and there were indications
of a partial revival, of ,business.
-discountfn s
in most instances refused to take even the best bills
below the Bank minimum. No bullion operations at
the Bank; •

(From the Times Citq Article)

THURSDAY EVENING.L—ConsoIs continue to' advaired
in the face of lower prices from Paris, and incireased

bullion.. They opened this morning at the improved
prices of yesterday, and subsequently experienced a
further slight ; a relapse then ensued, but it was
recovered after official hours.

In the Stock Exchange this morning; there was a yery,
active deinand fOr loans on stock ;- the Rank rate of 21
per cent. was freely paid for shoit periods.
The Railway Market opened buoyantly, but a further
advance wasfully-sustained.

rftv- LONDON- FRElEffill-MARKET

k, Ca.'s
. .
Since the issue.of.our circular of thd I.Gth ultimo, tl

-SEPT.

Messrs. Bgymour, P.

lit Ma

women and ehil

despatch: of

tion of - the 7•Emiira. tion ,COMmiisioneri
number of vessels required was not kn
estimate we formed, in our last circular
has already been very, far exceeded„.2B

be 'taken: u

Lie "exact
but the

extensive engagement -of tonnage." Withi- a few
days, the limitation to English, ships only, and the
continuation of ;unfavourable prospects for homeward
freights, the competition • for the service has been so
severe that .the rates obtained have been as low as
£lO 15s. per head, and the highest only £l6 2s. 6d.
No better proof could be adduced of the depressed con-
dition of our freight market. The observations in on
last circular upon-the justice of the demand for
pyocity" provoked a long letter ffprn. " A Shipowner,
which was published in the coliunns Of one of the Lon-
don .daily newspapers on the 22nd instant. The writer
feels " humiliated? to think that we should consider
shipowners as a body so deficient in common sense as to
be capable olbelieving that any benefits would be con-
fbrred on British 'shipping by a system ,of reciprocity,
and he expresses the opinion thatawelad perfect re-
ciprocity to-morrow, the British shipowner would not get

per ton more freight than-lie iiow does." We fear that
the experience of the writer is no4veryexteusive, other-
wise he would hive known that oiViitg to the privileges
of many fore* flags, which secures for them far higher
homeward freights than the English shi can command,
they are enabled, and do inost,successfully, compete with
the British ship outwards in' our trade, by being able to
accept, and establish as current, a lower rate of freight,
owing to the larger earnings homewards, But &quilting
that no benefit -wliaiever would result from -p4tfect
freedom of trade, in what way does. our. " humiliated"
-censor defend the present' urietptal competition withthe foreigners ? • If • recinrecitv

-dO no goode
can it b 6 shown that it would do evil ? All
the over-production of, tonnage .i.q7 syttributed by the
writer in question to the "demand cor•yessels during
the unfortunate Crimean war ;"" but if' he' Will fully in-
vestifeate the

_ matter he will find that the prAuction of
foreign tonnage has increased. . a 'great-chi- Vag° since
than during. that war, and that the-real s.ause_of the
great increase of foreign shipping, was the un:rtrained
opening of oft commerce to all the world, the e'rimean
war havin"o. &Wally inter-L4106d the -growth of foreign
tonnage... With these observations we leave our friend
to defend foreign protection, in •the name of Etish
free-trade, and adrkete to the tonviction that justice
not be done to British shipping until our so-called, free:,
trade system is completed byperfectreciprocity. The quesL-
tion of passing tolls, light- duties, pilotage, &e., will doubt-
less be considered earlyin the next Session Of Parliament,
but it must not be forgotten that the removal of these
grievances will relieve the foreigner even more, than the
Englishman, inasmuch t the maintenance of lights,
&c., if abolished as a cha,/ge' upon shipping,. must be
borne by the community generally as an addition to the
taxation of the country. The' Freight Market, gene-
rally, continues much depressed; the ciernand for ton-
nage in almost every trade being:dxtreinelOarfuid, and
very little employment offering* at remunerative rates;
as a natural consequence, comparatively little- shipping
propertyis changing hands, andfer'vesse4,of large ton-
nage there is do demand whatever:

LONDON CORN MARKET.-DEPT

The weather is gloomy and chilly. Fo' reignl arrivals
small of Grain and Flour. bare attentlance'at-murket,
but Wheat no cheaper, While Barley ratlittrdbarer,. and
Oats commanded 6d: to 9d. more than on. Monday: In
Flour no alteration.

LONDON PRODITCE MARKET.:=:-.SneTtkiina' 2.
Simans.-::-The market' lids been uniformly dull this,
week, and in some instances a decline of 6d. th'ls. has
been accepted on middling. and IoW deseriptionstb'efreet
sales. The amount of. business done has been very
small in landed parcels: Refined lumps, 495. 6d. terns:
COFTME.---This article has sold without spirit; midi
prices must be considered fully ls. lower.

TEA.—Na business of importance reported, and que
tations are unaltered, but sales to any amount could not
be made except at lower prices.

TITo.• —A fall amount of 'hi,Qinoco has been done at
irregular prices, but averaging last week's currency.
Rum.—Full prices paid.

SALTPETRE...--- Prieekhave _been . rather irregular, and
the market is ansthadi
SPICES sold about

!OTTQN.-600

?r%lovs-rates

In other articles no material alteraiion, but ntarkc

LONDON MINING MARKET.7-,SErTENIBI

In the Stock Eichanke, Devon Great Consols shares are
marked. 43Q.; Easy Wheal Russell, 877,- ; and Wheal
Kitty, (Lelant,) 13ti, 13:I, being rather better: - There
has also been some business in shares in Gieat Wheal
Alfred, Wheal Grenville. Ta.mar Consols. Wheal Tehidv_

and Tolcarne. United Mexican Mining Shares retain
an upward tendency, and are marked Australian
Mining Shares have been dealt in at 7s. 6d:

LONDON TALLOW MARKET.—SEPTEMBER 2
The market is steady at.the 'annexed quotations :-