The Northern Daily Times.
Liverpool, Merseyside, England, 1857-06-03 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, Tuesday Evening.
The sales to-day were 5,000 Bales, 1,000 of which
were on speculation and for export. No change to
report in. prices.
The business done in the Liverpool Share Market
to-day was of at steady quiet nature, and prices may
be 'quoted a shade higher than yesterday. The
transactions to-'ay were as follows:-Eastern Coun-
ties 114 ; Lanaashire & Yorkshire 1001; ; London
and North Western 1041. '•5-s, ?co ; Do. 18 Shares,
3-16,1; Manchester, Sheffield, and Lincolnshire 424.
i, ' Midland 834, 2, bI; North Eastern 221,
22±; D.Overs 22*, 5 16, ; Grand Trunk of
Canada 161 ; Great Western of Canada 231; Do.
New, lip ; Exchange-buildings, 310 ; Atlantic
Telegraph, 80d; Pacific Steam Co„ 451. The fol-
lowing were -the closing prices:-Blackburn, 84.
84 ; Chester and Birkenhead, 686, 691 ; Caledonian,
361, 36-2-; Chester and Holyhead, 18, 181, ; Eastern
Counties, 11 1146, 114 ; East Lancashire, 972 f 98;
ditto 9/. shares, 11-16, a ; Great Northern, 241, 241 ;
Great Western; 65, 65±; Lancashire and Yorkshire
Stock, 1001, 101; ditto 97. shares, 1, 1 1.16 p;
Liverpool, Crosby, and Southport, 19, 194 ; London
and North Western Stock, 104 t 1041; ditto A shares,
3-16 s d ; Manchester, Sheffield, and Lincolnshire,
'42±, 42/ ; Midland Stock, 831, 838; North British,
.10/,. 101 ; North Staffordshire, 5, 4 d ; North
Eastern-Berwick, 228, 221 ; York and North
Midland 341, 342. ; Leeds Capital Stock, 21*, 211 ;
South Eastern and Dover, 22 3-16, 22 5-16 ; Scottish
North Eastern, 126, 13 ; Buffalo and Lake Huron,
d ; Ditto New Shares, 1, 4 p ; Dutch Rhenish,
d ; Great Western of Canada, 231, 231 ;
Ditto New Shares, lts IS p ; Great Luxembourg,
111, 111 d • Grand Trunk of Canada, 16 1-16, 161.
The funds to day. were rather firmer, chiefly
owing to the large arrival of silver from Mexico.
Prices also slightly advanced. Business, however,
was inactive, the settlement in Consols engaging
attention. The Bank of England has announced
that it will lend upon stock at 61 per cent. during the
approaching shuttingof the transfer books. Consols
for Money closed at 93* to 941, and for AcCount
at 941. After official _hours the quotations were
reduced to 93 15-16 to 94 1-16. --.llxchequer Bills
were done at 2 to 6 prem , and the New Three per
Cents at 921 to 9.21.
The London Railway Share Market was some-
, what better to-day, and, with a moderate amount
of sales, prices exhibit an upward tendency. The
following were the closing prices :-Ambergate,
Nottingham, and East Junction, 58, sa, Caledonian,
721, 731 ; Edinburgh and Glasgow, 59, 61; Eastern
Counties, 111 1 ; East- Lancashire, 971, 981.;
Great Northern, 912; Ditto A; 88; 894; Great
Western, 641, 65 ; Lancashire and Yorkshire,
1001, 100± ; Leeds Northern, 42±, 421 ; London and
North Western, 1041, 104 t ; 'London and South
Western, 991, 99g. ; Manchester, Sheffield, and
Lincolnshire, 421. 43; 'Midland ; Stock, 831, 83j1;
North British, 431; South Eastern and Dever,
741, 75 ; York, Newcastle, and Berwick, 881,
891 ; York and North Midland, 681, 69.
After official hours the following prices
were paid :-Caledonian, 72±, ; Eastern
Counties, •11. -11-16, 11 13-16; East Lanca-
shire; 971, 98 Great Northern, 971 ; ditto A
88, 89 ; Great Western, 641, 65; Lancashire and
Yorkshire, 1001. 1006; London -and North
Western, 1041, 1041 ; Manchester, Sheffield, and
Lincolnshire, 421, 43 ; Midland Stock, 831. 831 ;
North British, 431 ; South Eastern and Dover,
731, '74; York, Newcastle, and' Berwick, 881, 891 ;
York and North Midland, 691.
During the greater part of May freights from
Liverpool to the United States generally continued
firm. Within the last two days we have had very
large arrivals, particularly of American vessels,
which has had its influence on rates. For New
York we have at:present as many as 30 ships load-
ing Messrs. J. P. Platt & Co. make the following
remarks in their freight circular, respecting Aus-
tralia

_ In freights we have little or no change to notice, they
continuing very firm, although we have a greater choice of
vessels on the berth : _ our present rates are, to Melbourne
Wharf, by packet-ships of sth and 20th inst., 50s, other
vessels, 45s ; to Sydney, 40s ; Adelaide, 40s per ton
weight measurement. The Marco Polo, for IVlelbourue, is
detained to the 7th inst., taking goods up to 3rd, if not
previously full. We have also the mail steamer Imperador
sailing on the 10th inst. for Melbourne and Sydney, calling
at Plymouth for the mails, taking only a small quantity of
light freight, jewellery, &c. Present price of salt :
Coarse, 5s Gd to 6s ; stoved, 10s Gd; factory filled, 12s 6d
to 16s per ton, Sacks, common, 811 to 83d ; fine, 15d to
18d each. Coal, orrell, 12s; steam, 9s to lie; cannel, 18s
to 19s ; coke, 18s Gd per ton, f. o. b. The value of British
goods exported from Liverpool for the month of April last
was £4,298,935. against £4,343,560 for corresponding
month in 1856.

There is not much doing in the Manchester
Market, but for India goods, there is a decidedly
bettor inquiry. Messrs. Du Fay, in their Monthly
Circular, just issued, in the review of the market
for May, say :
The transactions in yarns during the past month were
not large. May is generally a quiet month of business,
and the one just closed has not formed au exception to the
rule. Double Mules have been well maintained in price,
with the exception of No. 100 and N 0.120, the demand for
which has fallen off; whilst the higher numbers, from 130
to 200, are much in request, to mix with silk Both for
the home and foreign markets, with the exception of rather
large nurcha3es for China in Water Twist, from No. 20 to
No. :30, and some transactions in Mule Yarn for India,
not much business has been done in yarns. The German
and home trade buyers continue to act with the greatest
caution, executing merely what is urgently wanted. Oa
the whole, prices. have, with few exception., been well
maintained.

With regard to the state of the London Tobacco
Merket, Messrs. -Hodgson and Co.'s Monthly Cir-
cular says:—
The activity in our market in April, consequent on the
unfavourable American advices, subsided at the com-
mencement of last month, and subsequently, sales have
been principally of a limited description, resulting in all
sorts to 350 hhds, including nearly 100 hhds taken for
exportation, but exclusive of 48 hhds, and 208 casks of
damaged Kentucky leaf, sold at our public sale on the
28th ultimo, at very full rates. The market may be repre-
sented as firm, with an evident indisposition on the part
of the trade to purchase beyond their immediate wants;
but it may be observed that a similar feeling -generally
prevails at this particular period of the year (uncer
ordinary circumstances), quite irrespective of present high
rates, and the firmness of holders of all descriptions.
A moderate business has been done in the
Pioduee and other Markets of Glasgow, during the
reoeth of May. A gradual advance of 2s. per
cent has taken place in Sugar: The Cotton
Marliet is dull, and a decline has taken place.
On the article of Iron, Messrs. Win. Connal & Co.,
their circular, remark—

The speculative movement noticed last month was
slightly continued in the early part of this month, but
gradually subsided, and the price drooped to 745. 9d.
cash, the market apparently settling down again to the
steady legitimate position which had prevailed for a long
period previously, induced by a good healthy shippng and
consuming demand, amply provided for by the production
of 130 furnaces, the makers and dealers all being satisfied
that the trade was sound and the price fair. This state of
the market lasted a few days, and about the 18th it was
stated that speculators had purchased largely from the
dealers on time contracts, and intended suddenly to call
the warrants up. On the 21st, in Liverpool, the price was
forced to 775. cash ; next day the movement was followed
up here, and it was stated from 20,000, to 30,000 tons were
eallel up for the beginning of June. The dealers who
held iron against their sales, and had been storing consi-
derable quantities in anticipation of such a movement,
immediately ordered additional large parcels into store,
and those who had sold without having iron, entered the
market and purchased at 82s to 82J Gd to meet the prompts.
This artificial demend has caused great excitement, and
put a stop to legitimate business, and until the market
• settles down • Again it will be difficult to give quotations.
Iron for immediate shipment has all along been on sale at
77s to 77s Gd, and we give the price of warrants to-day
about 80s. There is in store, and in course of storing, a
quantity which, when all stored, will increase the stock to
61,000 tons; against this, warrants for 48,000 tons are
already issued.
The Following are the latest quotations of
Fort,!ign- Exoluni•i,eS :—Amsterdam, short, 11. 18
to 11 184; Do. 3 months, 121 to 121 ;. Rotterdam,
do., 1.21 to 121, Autv.•erp, do , 25 474 to'
25 55 ; Brussels;, do., 25 .472 to 25 55 ; Hamburg
do., 13 8 to 13 81-; Paris, short, 25 25 to 25 30 ;
Do., 3 months, 25 674 to 25 75.; Marseilles, do.,
2•7 i 70 to 25 75 ; Frankfort, do., 119 a to 1191;
vienii4 on. 10 32 to 35 10• Trieste, c19.,'10 3A to

10 36 ; Petersburg, .e'do.; Hi to .371 ; Madrid, do.,
44 to 48/.
The unfavourable advices respecting the silk
crop in many parts of Europe are confirmed in the
monthly circular of Messrs. H. Waithman. and. Co.,
from which we extract as follows:

The silk market has been quiet during the past month,
buyers generally waiting with anxiety some certain informa-
tion as to the result of the European crop. Early in the
month, notwithstanding the inclement weather which then
prevailed; the news from all the silk-producing districts was
decidedly favourable, and sanguine hopes were entertained
that the crop would prove to be a fair average one. Soon,
however, rumours of disaster began to arrive, to which at
first but little attention was paid. Latterly the accounts
from all quarters have been so very unfavourable, that
all expectation of a good crop is entirely dispelled. 'The
China letters delivered this morning, bring dates from
Shanghae to the 6th April. The settlements for the
month had amounted to 5,000 bales, making the total
settlements to dates 79,000 bales. The shipmments
were 75,800 bales, in addition to which about 2,400
bales were on Ward ships in port. Stock on the
market, 5,000 bales. Prices had fluctuated considerably
during the month, and although the closing quotations in
dollars were slightly lower than those of the previous
mail, the cost of silk had been enhanced by the great ad-
vance in exchange to 7s sd. The deliveries for the month
are 4,869 bales. In Bengal silk there has been very little
done during the past month. Persian Silk : The imports
are 77 ballots.

It is known that the management of the Scinde
and,Punjaub Railway Companies have it in contem-
plation to establish a line of steam-boats on the
Indus, thus connecting these two railways. We are
requested, however to contradict the rumour of the
intended amalgamation of the capitals of the Pun-
jaub Railway and the Indus Flotilla with that of
the Seinde Railway. Not only will the capital of
the Seinde Railway be kept distinct, as was stated
by its chairman at the last annual rriaeting iii
February, but that of , the Punjaub Railway
Company will also be kept separate from that of
the Flotilla, although, for the purpose of economy,
the three undertakings will be conducted under
one management. The recent discovery of coal
near the upper terminus of the Scinde Railway,
as reported by the mail now to hand, is calculated
to materially promote the interests of this under-
taking.

The report of the Committee of Investigation of
the North of Europe Steam Company is looked for
with considerable interest, and the delay in its issue
is occasioning discussiOn amongst the shareholders.
It is stated in Paris, that M. de Gerrnin37, the
governor of the Credit Foncier• Society, will pro-
bably be the new governor of the Bank of France.
This gentleman is known as a man of good busi-
ness capacity. It, is hoped that he will walk in
the footsteps of his predeeessor, M. d'Argout,
whose independence of character procured him so
Much respect.
The Steamer Dolphin, which has arrived in the
river from Antwerp, had about 60,0001. in silver on
freight;
The shipments of specie by the steamer. C;rinoco
for the West Indies and Mexico amount to 31,7501.,
of which 11,7501• is gold, and the rest silver.

.Comincyclal Entinizente.