Northern Times.
Liverpool, Merseyside, England, 1859-06-22 00:00:00

favourable

.ter are entered upon with a con

it of caution

Prices were not well

stained. In. fact ti

must be regarded as pur

The report of the directors of the Mediterranean
Extension Telegraph Company read at the meeting
of this day, was in relation to the propriety of
accepting or not the concession obtained by the
directors from the Neapolitan government for
between Malta and
one-fourth part

telegraphic

communication

Sicily for thirty years, granti

--a messages to or
from over tlie Neapolitan lines.
_Ma oonoc.aion further cep,. th.Q English
language to be used, and without entering
into the particulars, grants all the advantages that
could be expected from a foreign power. The
directors referred the shareholders to 'the docu

ae price of a
Malta passinz

ment Itself, which was open for their inspection at
the offices of the company. Her Majesty's Govern-
ment have extended the guarantee of 6 per cent. to
this additional line, so long as communication is kept
open by either route, instead of being dependent, as
at present, on the integrity of the Malta, Cagliari,
and Corfu line. The concession was agreed to after
some discussion, and a resolution was passed for
issu-
ing 1,500 preference shares of £3O each, at an in-
terest of 8 per cent. per annum.

The Monarch and Essex, from Melbourne, pdssed
Deal yesterday, and the 227,000/. in gold by these
vessels will probably be delivered to-morrow.

Of the aggregate of 1,087,0001. in specie, caiL
gold, awaiting disposal, there is a prospect of
amount being taken to the Bank during the present
week. The bullion operations at that establi'
yesterday were too small to deserve notice.

Amsterdam Short

FOREIGN EXCHANGES,
11
11 ...

Ditto, 3 months

12 to 11
14/ 11

itotterdant
Antwerp .

Ditto, 3 montlis.

Frankfort!
Vienna ...

Trieste

St. Petersbur

The critical state of the relations between Germany and
France excites general attention. The effect to-day was

the more severe, becauie the late advance in the price of
public securities has materially diminished the temptation
to bona jtde investors. Speculators for the fall, whose re-
purchases contributed greatly to push the, market up to the
high level lately attained, have now regained courage to
press sales. Consols left off at the lowest point of
the day, and fully e per cent. worse than on Saturday.
In all the other departments Of the Stock Exchange
decided heaviness prevailed. English Railway Shares
were not much pressed for, still, in the absence of demand,
fell 1 to 11 per cent. Indian railway shares, though
carrying nearly six months accrued interest, were pre-
judiced by the discontent announced as prevailing amongst
a portion of the. European army in India. The discount
market was quiet ; but few bills were negotiated below.
21 per cent. Owing to the critical state of continental
I politics a rise of 6d per cwt took place to-day in the price
of tallow. In the corn market, however, prices of wheat
were quoted at a fresh reduction of 2s per quarter from the
rates of Monday, the 13th inst.—Daily News City Article,
Monday Evening.
There has been considerable discouragement in the Stock
Exchange to-day, and Consols have experienced a fall of
& per cent. The heaviness was attributed to a number of
causes—the apprehension that Prussia is committed. to some
early and direct intervention ' • the appeals made by the
Emperor Napoleon to the revolutionary classes throughout
Europe ; and the news of the prostration of the cabinet at
Constantinople to Russian influence, , contributes to
weaken the hopes of the localisation of the war.
There were several large sales during the morning, and
money was in good request, not only in the Stock Exchange,
but in the Discount Market. The applications for diScount
at the Bank to-day slightly increased. In the Railway
Market a general decline has taken place, in sympathy with
the Funds. The Great Northern receded 11 per cent. ;
Caledonians and North British, 11 per cent. ; and the
other principal- Stocks, to, 1 per cent. In the Corn
Market, this morning, there was a partial recovery from the
extreme depression of Friday, but the rates showed a decline
of nearly 2s compared with those of Monday the 13th inst.
There were no gold operations of any importance at the
Bank,to-day. Silver has been in increased deinand to-day
for the Continent. It seems to be considered, that after a
little time, the receipts of gold will be short of the export
demand.—Times City Article, Monday Evening.

LIVERPOOL CORN MARKET.—JuNn 21.
At to-day's market consumers have purchased good fresh
wheat more readily, and a fair business has been done,
choice descriptions realising fully ld per cental more than
the prices of Tuesday last ; two or three small parcels were
also taken to hold over. Flour, likewise, is in more general
request, and sweet lots made Cd per sack advance. Beans I
unaltered. Oats and oatmeal apn of sale, the former at a