The Northern Daily Times.
Liverpool, Merseyside, England, 1857-02-16 00:00:00

THE NORTHERN TIMES.---LIVERPOOL, MONDAY.

have risen Edinburgh, Perth, and Dundee,
Great Nerthern, Great Western, Brighton, and
North BritiSh, were rather lower. past Indian
and Canadian shares were quiet, but firm ; and in
the Foreign Market the dealings were limited.
Great Luxembourg were 6;1, Namur and Liege SI-,
0, Recife and Pernambuco 7 to n, Sambre and
Meuse 8 -1, and West Flanders 4. The new
undertakings were as follows:--Oudes par to k
prem. ; Central of Do., 1-16 318 prem ; and
Purjaubs

supplieS sortie here prior to their distribution
among the various parts of the Channel.
Be the arrival of the Avon we have cortimercial
advice.; frotn Rio Janerio to the 14th, Bahia 20th,
and Pernambuco to the 27th ultimo. The Rio
Janerio Money Market WaS easier, acid the Bank had
reduced its rate of discount to S per cent. Exchange
on London was very firm at 28.1. In Freights little
was doing. The sales of Coffee had been to a fair
extent,• and prices were very steady. At Bahia,
Exchange on London wag steady at 281 for bills
at 00 days sight, and 280 to 11 for 90 days.
Freights drill, no sales of importance had taken
place in Cotton, which was quoted at 04100, per
Aruba for Macao, and 0t,k300 for Bahia. In Sugar
or Coffee, no material change had occurred.
We have commercial advices from New York to
the 4th just , Inclusive, by the Persia, which arrived
here this morning, with specie on freight amount-
ing to 325,000 doll. Money was in active demand,
but the rates of interest charged by discount
brokers were unchanged. The United State ,3 Pro-
duce were) for the most steady, without any
material alteration. The Tariff Bill, which was
before Congress, was attracting much attention in
commercial circles. It abolishes the 100 per cent
schedule of duties, reducing the duty on brandies,
liquors and cordials, which formed that schedule,
to 50 per cent. 'the 40 per cent schedule is struck
out, and the duty on wines of all kinds, cigars,
snuffs and all manufactures of tobacco, is reduced
from 40 per cent to 30 per cent. Leaf tobacco
(the raw naaterial of cigars) remains at 30 pet cent.,
which is an unreasonable tax,. as long as articles
already manufactured from it are- admitted at the
same cluty Woollen goods, iron, coal, glass, and
most of the articles now in the 30 per cent. schedule,.
remains there. Of these, coal ought to be free.
Cottons, silks, and flannels are kept at 25 percent.,
and blankets and linens at 20 per cent. The 15
per cent. schedule is abolished, and a 10 per cent.
schedule is formed, comprising some of the most
important articlet of our consumption—such as
wool, hemp, lead, sugar and salt.
Our telegraphic advices from New Orleans
informs us that the Cotton Market in that city, on
the 2nd, was active, and sales amounting to 20,000
were made. On the following day, Feb. 3rd, the
transactions reached 12,000, and the advance of the
two days was was ie. " Middling" on the latter
day being quoted at IA to 121 c per lb: At Char-
leston, there was also an active and advancing
market. On the 2nd instant, middling fair was I
held at I'2 to 1241 per,lb.
Advises from Constantinople allude to a project
for supplying water to that city. The promoters
have applied to the government for a guarantee
of six per cent. on the capital.

Ambergate, Nottingham, and East Junction.. 4 ...
Bristol and Exetei ;33 ..

Caledoniai►

64 .. 641

Chester and Holyhead
Eastern Counties .....

36 . . 37
.. 10

E ist Liccasbire. - ... 98
Edinburgh and Glasgow
Edinburgh, Perth, and Dundee , .
Great Northern
Great Southern and Western (Ireland) „ „ .. 111 .. 113
Great Western..

Lancaster and Carlisle
. • . ..
Lancashire and Yorkshire
London, Brighton, and South Coast , 198 .. 109
London and North Wcstern
London and South Western
Manchester, Sheffield, and Lincolnshire . 351 .. 361
Midland
Do. Birmingham and D3rby
Norfolk.. . . , 54 .. .56

North British
North Eastern—Berwick ~...

41 42
861 871-
2

North Staff.)rdshire.

4ithui

Oxford, Worcester, and Wolverharnpton

. 27 .. 28!

Scottish Central
DJ. Midland

106- . 10§
71 ...7:3

South Eastern .
South Wales B5 .. 86

Buckinghamshire
Hull and Selby 109 .. 111
Eastern Counties Ex. 5 per Cent. (No. 1) pm
Eist Indian

Jrand Trunk, Canada.... . 50 ~ 52
Great Indian Peninsula Gua. 5 per Cent 214 .. 2l
Great Western of Canada Scares
Madras Gua. 44 per Cent ... .. .....
Do. Third Ex. Gua. 5 ' Cent, a • , 1
- . V

J• 1.1111.11 Cod.. Ult., per . pm
Scinde Gua 5 per Cent .
Eastern of France
Great Central France
Great Luxembourg, Constituttd Shares . . 61
Lombardo Venetian .

Lyons and Geneva
-•

Namur and Liege
Northern of France

Norwegian Trunk Preference., ...
Paris and Lyons
4

Paris and Orleans
Sambre and Meuse
West Flanders....

..... . ... 53 ...
46 ..

The arrivals of gad this week reach to nearly
one million sterling,--vix., by the Flora, from
Oporto, 10 boxes of silver coin ; the Ftliiope, frQfp.
Africa, 2,174 ozs. gold, or 8 7001.; the Colombo from
Alexandria, one box specie; the Morning Light,
from Melburne, 124,000 oZs. Of goldi or 4t16,0001 ;
the Heather Bell, frown Melbotirne, 81,478 ozs. gold,
or 325,9101. ; the Centurion, from Melbourne, 5,400
ozs. of gold, or 21,600/. ; the Emir, from New York,
263,3.20 dots., or 52,6001.; the Coral Queen, from
the Cape of Good Hope, one box of silver ; the
Gibraltar, from Corunna, 2 boxes of specie; the
Baron Osy, from Ostend, 21. cases specie; and the
Persia, from New York, with X 75,000 dole., or 75,000/.
The exports during the week amounted to 131,e001.,
viz,. by the Medway, for the Brazils, 116,000/ ;
and by the Harbinger, for the Cape of Good Hope
15,0001.

With respect to the movements in Mines during
the week, the Mining Journal of to-day says :

A fair average amount of business has been transacted
since our last; but not to the extent we anticipated, In
some cases; Shares have advanced, and the demand has
been pretty good, but many others have declined, and
without any visible cause• Devon Great Consols advaliced
to 470.

Our advices from the manufacturing districts are
on the whole favourable. in Leeds during the
past week business in Piece Goods has been very
moderate, and prices have ruled firm at about
previous rates. At Bradford the Worsted trade
ruled quiet, but in Piece Goods a fair business had
been transacted at very full prices, the attendance
of buyers- having been rather numerous At
Manchester the Yarn Markets had displayed more
animation than
.for some weeks mist, and priccs
ruled firm. In Cloths a good business had been
done in fabrics suitable to the Levant trade, but
for other descriptions buyers operated with great
caution. At Nottingham the Lace trade remains
quiet, and the same remark applies to the Dundee
Flax trade.

The following are the Gazette average prices of
Muscovado Sugar for the week ending Feb.. 10th,
1857, exclusive of Custom's duties payable thereon,
on the importation thereof into Great Britain:—
From the West Indies, 37s 'Aid per cwt. ; Mauri-
tius, 30s 911 ; East Indies, 37s 42(1. Average
price of the foregoing descriptions, 37s 74d per
cwt.

The prospectus of the County and General Gas
Consumers' Company, limited, is iSsited with a
proposed capital of 30,000/, subject to increase.
The object of this company is to introduce gas
lighting into country places of limited population.
The company pcomises an " ample supply" of gas,
at a " low rate," and one of its objects is to induce
consumers to become shareholders. AdVahtage is
to be taken of " ()Very iinproveMent that science
and experience have suggested up to the latest
period." A list is appended, compiled from the
Gas Journal, comprising twenty or thirty provincial
towns in which the gas companies already estab-
lished are paying dividends varying from 5 to 10
per cent. per annum. The shares are to be of 51.
each, with a deposit of 5s per share on application,
and 15s. on allotment.

M. Isaac Peteire, the head of the eminent
financial firm in Paris, has during the present week
paid a brief visit to London. The letters from
Paris refer to a report that his object is to effect a
fusion between the proposed International, Bank
and the Credit Mobilier Society. It is understood,
however, that the 'parties engaged in the projected
bank hold an entirely independent position, and
that the rumour transmitted from Paris is altoge-
ther without foundation. We believe that the real
motive of M. Pereire's visit was to feel the pulse of
the London Market, with a view to the introduction
of the long pending Russian Railway scheme. A
telegraphic despatch from the Continent alleges
that the ukase respecting this gigantic project has
been published at St Petersburg. In some
quarters rumours prevail that the undertaking will
be launched immediately ; but well informed parties
incline to the belief that it will be further post-
poned, to abide the chance of an improvement in
the Money Market.

Telegraphic advices have been received to-day
from India and China, via Trieste, which report
increased - tightness in the Money Markets at
Bombay and Calcutta The. exchanges at these
plaees were respt ctively 2s 24(1 and 2s 21d, showing
no difference of importance when compared with
the rates previously advised. At Hong Kong the
quotation was 4s Mt, and at 8 hanglikte 6s 8,1. There
is no prospect therefore of the drain of silver to the
East abating; indeed, seeing the large quantities
of Tea and Silk that are coming forward, there is
every probability of the shipmentS tieing quite as
large as heretofore. Of course this extraordinary
movement, although it creates some disturbance,
is highly profitable to this county, as our merchants
are obtaining wealth at the expense of the
French and Italians, whose Silk crops have
failed. The public . generally may not be
aware that about 301 profit is derived from
every bale of Sill,: which arrives here, and is
sold to foreigners. During the year the exports of
Silk from China will be about • 75,000 bales, of
which perhaps 60,000 will be sent here, as 30,000
have already arrived, and 20,000 are new afloat.
Instead of 301 per hale profit, suppose, for the sake
of argument, the amount netted is stated at 201 per
bale, it follows that our merchants will be enriched
to the extent of more than a million and a quarter
sterling, but the • amount realised will be much
tnore. Although a good deal of anxiety is felt
regarding this absorption of silver, which is tem-
porarily taking away our gold, the process is a
lucrative one to England, /but a source of great
loss to France and Italy. The demand for Tea
again is not wholly for this country, although the