Northern Times.
Liverpool, Merseyside, England, 1860-01-03 00:00:00

NORTIIERN DAILY TIMES.

CURRY, KELLOCX, and co.,
•
Ettdx.Eßs :FLlR:r.ant SALEYAND TIAL'HASEi
OF SHIPS AND SINEAMERS, SHIP 'VALUERS*
AND APTOINTIN) BROKERS TO !TUB HIGH
—,„,,Ar.,3OURT OF ADMIRALTY Walmer-buildings,

•-a-t-c-17 t r t

:ROBERT A. MUNN
-
- .••• ADMIRALTY BROKERS,
ak\ !BROKERS FOR THE SALE OF. SHIPS A:gr.
• if, e.v • STEAMERS, SHIP -VALURRS, 3e.,
- - -3, York-bnildings, Dale-street.

.
generally is steady. Tliere are inquiries for Lunt iman
Mining Shares,. ,which arc marked I. English and
Australian Copper Shates• have- 'been ila t in at If and
1Z ; Maritittita, at Ios. ; and Port Philip at -a. -

. LONDON TALLOW MARKET.—JAx. 2.
The market is steady at the follovimg prices' Town
tallow, 575. net cash ; 'Petersburgh Y.O on the spot,
575. 9d. ; January to March, 575. 3d. ; March alone,
575. Cd. to 575. 9d.

PARTICULARS OF TALLOW.

COMMERCIAL. CIRCULARS, CATALOGUES, Sta. 1858. 1859. . lB6O.
G R 1 -F -I` I N . & M'G-H I E , Stcck on hand this (lay...casks : 30,340 31,905 " • 44,453
(Suesessors to CIIAELES WILLILAIM,)
• ' Ditto fromistJtMe
CrENERAL PEINTE'ES, Arrival last week ;286 833 327
Are in a position .to execute, on the .shortest' notice, and with Ditto from let June
correctness, COMMERCIAL CIRCULARS, CATALOGUES, . Prire Y.C. per cwt. this day s3s. 3d. 518. 3d. 375. 9d.
&e. Ditto Town last FriCiay 1 sss. 9d. 535. 6d. 595. 6d.
. ,

- •
CrENERAL PBINTE'RS,
Are in a position.to excente, on the .shortest' notice, and with
correctness, COMMERCIAL CIRCULARS, CATALOGUES,
&c.. .
PRINTING OFFICES, 15, SOUTH JOHN-STREET.

MONETARY AND COMMERCIAL.

LIVERPOOL, Monda7 Evening.

In the Liverpool Share Market to-day there
was considerable firmness manifested, and an ad-
vance of prices was established, -the tone of busi-
ness being good all- clay; and closing with an
upward tendency. The transactions included
Birkeiiheads at 77; Caledonians, 95; 'Eastern
Counties, 11 13-16; Great Western,loB 70 k 70 ;
Lancashire and'Norkshire, 100 a 1 I; Lon-
don and North Western, 99i ; do. Eighth Shakes,
7-16 d:; Manchester, Sheffield, and Lincoln, 391
40 34; Midland; 'llokir -I; North Staffordshire,
3 3-16 d. ; South Eastern, 2.54 9-16 a 9716; Grand
Trunk of Canada, 104-; do. Six Per Cent. Deben-
tures;.l3 ; do. Seven Per Cent;, 1862, cum int.;
86 ; Liverpool and London Fire and Life Insur-
ance, 7i p.

Arrival for the week ending 10th January, last year, 1,307
easkf, and•delivery, 2,404 casks, The arrival last week com-
prised 250 casks from Russia, 21 from South America, 56 from
other places--total, 32T easks.

the couiitry:- Stock-s-have never-beeirsmaller at-the don
of the year ; the W.Kking classes were never better and
more fully employed-; 'the margin between cost of
the raw- material- and the yarn spun has never been
greater.' Steadiness and progress. have therefore been-
the characteristics of 1859, a year which was singularly
free from-. speculation. Formerly- every impraveffient
here was followed by a _similar one in the Liverpdol
market, but this-has not been-the case- during the list
two years. The pricei of cotton, and yarn, and goods, have
been independent of each other, and are likely to remain
so, little or no encouragement being now offered by
bankers in-. Liverpool to speculators. in cotton.:, Ile de-
mand for India and China has-been mainly instrumen-
tal, as in the previous year, to keep up prices. and to
preventaccumulation•of stocks ; other causes have, how-
ever, also been at work to favour Briti,la industry.
When the war in Italy became inevitable, the continen-
tal nations laid aside the spindle- and shuttle to buckle
oit the armour of defence, in case- the war should
spread. and.. menace the territories nearer ho*.
This general arming on the Continent was the means
-of checking :the production of textile. fabrics • abroad,
and orders wereireely transferred to this country to
supply the wants of markets generally provided by
continental manufacturerg. This state of things has
enabled the owners of some of the. older mills not only to
work them satisfactorily, but to redeem some of the losses
they had sustained in former years. We have continued
our former inquiries about. the increase which has taken
place in the productive
,pe-sier in the country, and find
that, as far as cotton is concerned, the increase during
18,58 and 1859 amounted to about ten per, - cenl. '
upon the existing number of spindles. It must be mid-
fessed that, after all, an increase of five ,or even ten, per
cent. per annum- is not large. On "the Continent of
Europe some increase has also taken place, and since
the declaration of peace in July last, the industrial
establishments of Germany and elSewhere have as-
sumed more activity, and are doing well, because the
comparative high prices paid• here for yarns and goods
have enabled the producers abroad not only to com-
pete, but to share some of the prosperity enjoyed
.herely-spinners aud-others.- The- home trade (as can-
not fail when the mass of the population is fully em-
ployed) is very good and likely to continue .so an the
coming year. The importation of foreign manufactures
and commodities of every kind, does not seem to in-
terfere in any way with the sale of home-made articles.
'The liberal principles of trade adopted in June, 1846, and
extended in subsequent years have now been fully tested,
and the Government Of France and ether countries would
also further the true interests of-their Subjecti in profiting
-by an. experience which .11aS, st6b.cl the test of rneaily74
years, -by adopting a similar course; What" we ventured
`to, predict at that time has come to pass : wages and
. cost of living, lave been equalised in a . greater degree
between this country and- the continent since 1846.
The demand for this country has raised the value of all
commodities, whether of food, or of clothing to .tie
consumers abroad, and we here have' had the advantate
of drawing .from the cheapest sources whatever. we
require, by- our having freely opened 'the channels of
trade. These .truths cannot - sufbciently be brought
home to our neighbours who seem to cling pertinaci-
ously to the old sYstem of high duties or prohibition,
and other impediments -to industry.

GENERAL PRODUCE. •
Messrs. William Connall & Co., of Glasgow, in tflcir
circular, say:—The transactions in our Sugar Market
during the. Month have been limited to 688 hhds: 37 trs.
and 368 brls. B. P. West India, 4,110 bags Mauritius,
185 Libels. Cuba-MuscoVado, 604 baskets. Join, 395 cases
404 bags Bahia on the spot, and 500 tons Beet Root to
arrive. The market has gradually advanced about ls., and
good Brown Sugar now commands 395. 6d. to 40s. The
deliveries for the month have been larger than the average,
being 5,993 tons. Nothing has transpired- in floating
cargoes. In Molasses there have been no transactions.
:Therehas been a good demand for Crushed and'Loaves
at about ls. to Is. 6d, advance.—Treacle and Syrup have
maintained full rates, and for the former 14s. is freely
paid. Rum has undergone no alteration in value during
the month, and,although the sales are rather limited,
prices close With firmness.—Nothing done in Coffee or
Spices.:—Of Dyewoods about 150 tens St. Domingo
Logwood have ,been taken at £5 7s. 6d., and
about 25 tons small Manilla Sapanivood at £7 155..
Zeifira-Ted;---no dfieof"supplies
being in the market. The demand for Cotton has been
very limited, and all kinds of American are again lower.
Mahoganv-is wanted, but no arrivals have yet taken
place. Tallow has undergone no alteration in value,
Y.C.,beiN; quoted at 58s. to 58s. 6d. ,Tobacco.—The
demand-has been but limited, the spinners having
previously supplied themselves, and the quotations are
unaltered. There is little difference this month from last
on the amount of Tobacco in bond, as the deliveries have
nearly kept pace with the receipts. The receipts have
been 168 hhds. 143 trs. 52 boxes Cavendish, and 1 case
Cigars; whilst the deliveries have been 131 hhds. 86
trs. 98 boxes Cavendish, and 1 case Cigars. The stock
now in bond, which is much larger than for several
years past, amounts to 487 hhds. 696 trs. 5 bales;un-
manufactured; 228 boxes Caven'elishy and 27 cases Cigars.
Grain.—This month the arrivals have been to a fair
extent, including Wheat and Flour- from- .the: United
States, and a considerable quantity of White Pease from
Canada. Sales of •Wheat have been made at ls. per
boll. under those of last'month, good Red: Baltic at 255.,
and White Scotch at 235. 6d, per boll of 240 lbs.
Oats and Beans have also suffered a' decline of
Is. per holl, but Barley is without change.
Canadian White Pease are offered at 21s. cash per
-boll -of -280-- lbs. ex ship, but- --the—clettlere---keep
back. Pig Iren.=-The 'speculative excitement noticed
in our last has continued to increase during the month,
and the price has gradually advanced, reaching 57449 d.
on the 14th, receding to 555. 6d. on the 19th,'and
gradually advancing to 58s. 9d. on 29th, but finally
closing quiet at our quotation. The stock in yards is
141,000 tons, against which warrants are in circulation
for 136,660 tons.