Northern Times.
Liverpool, Merseyside, England, 1857-08-24 00:00:00

Friday __Money .... 901 91
Account 91

Saturday ....Money .... 904
Account ....90!

The decline in the Funds to-day has not had
any serious effect upon the London Railway Share
Market, for with a fair business done, prices were
generally very steady, indeed, in one or two in-
stances, a slight advance may be noticed. Caledo-
nian, Eastern Counties, and Lancashire and York•

shire were steady. Brighton rose + per cent.
North Eastern, Leeds, a. Great Northern, North
Western, South Western, South Eastern, and
South Wales were at rather lower rates. In Indian
Shares there were very few dealings, and the
prices remained without variation. The same
remark also applies to Canadian Shares. Not
more than half a dozen bargains were reported in
the foreign market, and these led to no alteration
in value. Owing to the recent flatness
of the ' Paris Bourse, French Shares were
at almost nominal quotations. The following
were the closing prices :-Ambergate, Nottingham,
Boston and Eastern Junction s+, 5 ; Bristol and
Exeter 88, 90; Caledonian 781, 791; Chester and
Holyhead 35, 86; Eastern Counties 11, 111 ; East
Lancashire 96 97; Elinburgh and Glasgow 62, 63;
Edinburgh, Perth and Dundee 321, 331; Great
Northern 96, 98 ; Great Southern and Western
(Ireland) 103, 105 ; Great Western 53, 531; Lan-
caster and Carlisle 72, 75 ; Lancashire and York•
shire 99, 991; London Brighton and South Coast
104, 106; London and North Western 102 1021;
London and South Western 931, 941; ex d; Man-
chester, Sheffield and Lincolnshire 394, 40 ; Mid-
land 831. 84; Do. Birmingham and Derby 551 5114;
Norfolk 63, 64 ; North Eastern-Berwick 941, 95; ;
North Staffordshire 41, 4; ; dis. ; Oxford Worces-
ter and Wolverhampton 32, 33 ; Scottish
Central 103, 105 ; Do. Midland 71, 73 ; South
Eastern 714, 721 ; South Wales 81, 86; Builk-
inghamshire 94, 06;' Hull and Selby 107, 109 ;
East Indian 994, 1004 ; Grand Trunt of Canada
50, 51 ; Great Indian Peninsula Gua. 5 per cent.
10i, 11-; Great Western of Canada Shares 21, 211;
Madras Gua. 41 per cent. 17, 18; Ditto Fourth Ex.
5 per Cent. Gua. g, a dis ; Scinde Gua. 5 per Cont.
1, 11 pm ; Eastern of France 27,, 271 ; Great Cen-
tral France 231, 211; Great Luxembourg, Consti-
tuted Shares 7, 7+; Lombardo-Venetian 4, 41 pm ;
Lyons and Geneva 26+, 271 ; Namur and Liege
78, 72-; Northern of France 341, 341 ; Norwegian
Trunk Preference 9, 10; Paris, Lyons, and Mede-
terranean Fusion Shares 351, 351; Paris and
Orleans 57, 59 ; Royal Danish 16, 18 ; Sambre
and Meuse 74, 71 ; West Flanders 44, 5
The Imports of Specie during the past week
reaches nearly 1,310,0001, viz-183,400/ by the Asia,
35,0001 by the Ariel, and 10,2001 by the Kangaroo,
all from the United States ; 275,6531 from the
West Indies by the Magdalena, 40,6001 from Aus-
tralia by the Jura, and 511,000 ty the Great
Britain, and 250,000/ in silver from the Continent.
The Exports of Specie have been large, viz-
-1,095,0141 to the East Indies and China by the
Columba, chiefly in silver, and shipments to the
Continent through the London Custom-house
valued at 60,9521, making the total 1,555,9061.
During the last day or two the transactions in
the Silver Market have been limited. In Gold
there is a good business doing, We quote bar
gold, 77E3 9d per oz. standard ; South American
doubloons, 76s 3d per oz. ; bar silver 5s 11d per
oz. standard ; Mexican and South American dol
lars, 5s 11,1 per oz., last price ; five franc pieces, 4s
111 d per oz.
It is expected that the steamer on the 4th
proximo will not take out such a large quantity as
of late, and arrangements will probably be post-
poned until the receipt of the next Overland
Mail.

The Great Britain arrived to-day, bringing
101 647 ounces of gold, and 104,400 sovereigns,
and the Indomitable, which has been 115 days
on the voyage, is daily expected with 127,695/.
The Summer Cloud is also duo with 32,0001., and
the Sardinian with 20,0001.

The London sales of foreign and colonial Wool,
which commenced on the 16th ult., terminated
to-day, and during the series 82,391 bales will have
been offered. An advance of 2d per lb. 'compared
with May rates was established, and maintained
throughout the sales. _ _

A rather more active business has been trans-
acted in the London Produce Markets this week,
in consequence of a disposition on the part
of the importers, to press sales at lower
quotations. The arrivals of Sugar have been
lately rather large, and the stock now approaches
very nearly to that of the same time last year.
This, added to the desire of holders to realise,
caused a fall of 6d to ls 61 per cwt., which
induced extensive purchases. There is now rather
more firmness, and the market closed steadily,
whil'e the previous reductioa was fully recovered.
At the close of last week, the stock was 60,415
tens against 60,006 tons at the corresponding
period of 1856. Coffee has been at rather easier
quotationst but yesterday an improvement. took

place. The imports ars under those of last year,
and the stock is smaller by about 3,400 tons. Cocoa
is in fair demand at enhanced mires. Rice is very
dull at rather lower quotations, and rum is difficult
of sale even at a slight concession on the part of
the holders. In the markets for p3pper, pimento,
nutmegs, &c., there has been no movement of
importance. The demand for saltpetre is less
active, but full rates are demander. Tallow has
scarcely supported the late advance, and P.Y.C.
is now 625. per cwt. on the spot.
The accounts from the manufacturing districts
are of rather a more cheering description. At
Leeds business generally has been active during
the past week, chiefly for tl,e home market, and
fully previous prices were realisel At Bradford
and. Halifax the demand for piece goods had also
been active, and advanced prices were current
Business at Manchester hod also improved, par-
ticularly in goods suitable for the Indian markets,
and prices were steady.
Respecting the movements in Mines during the
week, the Mining Journal of to-day says :-
The past week has been characterised by a far greater
demand for shares in mines than could be supplied at the
prices offered, and, in consequence, much of the business
sent to the brokers and dealers could not be transacted.
North Rosbrear has been much inquired after at 100 to
105, South Frances 285 to 295, Bisset 225 to 235, Devon
Consols 410 to 450, Kitty 22 to 23, Wheal Margaret 674
to 681, Margery 12 to 13, Tincroft 4 to 41, St. Day United
11 to 14-, Wheal Granville 21 to 21, West Frances 17,1 to
20, Great South Tolgus 16 to 17, Grambler and St. Aubyn
90 to 95, Alfrel Consols 151 to 161 Great Alfred 7 to 7i,
East Rosewarne
- Tolvaiden 7 to 8, Holmbush 11 to 2,
Kelly Bray 32_ to 3a, Drakewalls 21, Wheal Edward 51 to
51, Botallack 275 to 285, Herodsfoot 8 to 81 East Basset
40 to 41, Carßoll 10 to 2. Trelawney 23 to 24, Par Consols
20i to 214, West Seton 315 to 320, East Tolgus 50 to 55,
North Crotty 31 to 3i, Providence Mines 80, North Wheal
Robert 33- to 4.
The stoppage of the Isle of Man Bank, conducted
by Messrs Dumbell, Son, and Howard, was an-
nounced yesterday, but it is not believed that the
debts or liabilities will be found to be heavy. The
circulation has not reached more than 12,0001 to
13,0001, and, under the peculiar laws of the island,
the whole is secured on freehold property, and
consequently the parties who have them in their
possession will not be sufferers. The bank, which
had establishments at Ramsay and Castletown, was
only brought into operation in 1853, the year that
the bank conducted by Messrs. Holmes failed for
the sum of 109,0001. During a four years' existence
it is not likely to have made a very important
connection.

We are informed that the East India Company
are in treaty with the company who propose con-
structing a telegraph from Alexandria to Kurrachee,
and that the pecuniary assistance asked for by the
promoters will be extended to the undertaking.
The company, it appears, are urged to purchase
the Atlantic telegraph cable, and, assuming that
the directors of the Atlantic Telegraph Company do
not intend to make a fresh attempt this year, there
seems no reasonable impediment to the success of
the negotiation. In this case it is anticipated that
the line from Suez to Aden could be laid in three
mouths. In the present crisis the value of such
an auxiliary to the arrangements of the British
government can scarcely be overrated.
Several important Railway Meetings have been
held during the week. At that of the Great
Western and Brentford Company the report was
adopted. From the statement of accounts it ap-
peared that the expenditure amounted to 54,4991
Os cad, which left a balance for the half year of
2,4011 16s 7d, The half yearly meeting of the
Staines and Wokingham Railway Company has
also been held, Mr. Garrard in the chair. The
report and accounts were adopted, and it was pro•
posed to carry the surplus of profits, viz, 1,3041 16s
over to the next half year. At the meeting of the
London, Tilbury, and Southend Railway Company,
the accounts, showing a balance of 8,1071, and the
report were adopted. There was a meeting of
the Great Luxembourg Railway Company, Mr. F.
Scott, chairman. The last quarter's traffic, as stated
by that gentleman, amounted to 1,0001 per week, and
the balance in favour• of the company was £17,776.
The report and accounts were adopted. The
meeting of the Blackwall Railway Company was
held, when it was stated by the chairman that the
sum available for distribution was 15,1461. After
some discussion the report and accounts were
agreed to, and a dividend of 2s. 91. per share was
declared. At the meeting of the Midland Railway,
held at Derby, the dividends proposed in the
report' were agreed to, and resolutions for the
purpose of consolidating into stock such of the
161. 13s. 4d. and 51. shares as have been respec-
tively paid up since the general meeting in Feb-
ruary, and to direct the sale of certain shares
which have been forfeited for non-payment of calls,
were moved and carried. The half-yearly meeting
of the North and South Western Junction Railway
Company has taken plac, when the report and
accounts were agreed to, and a dividend at the rate
of 4 per cent, per annum was declared. The
Worcester and Hereford Railway Company held
their meeting on Thursday, when the capital
account showed thet 127,5621. had been received,
and 75,4791. expended, leaving 42,4051. in the
hands of the Accountant-General, and 9,6771. at the
bankers. The meeting of the Northern Counties
Union was also held ; the balance sheet stated
that 9,3711 had been received, and 2511. expended,
leaving a surplus of 9,120 in Consols, and cas*at
bankers. A meeting of the Newport, Abergavenny,
and Hereford has been held, the honourable W.
E. Fitzmauriee in the chair. The capital account
showed that 1,137,2991. had been received, and
1,133,5711 expended, leaving a balance of 3,T28/.
The revenue account for the half-year showed that
26,5681. had been received, and 14,3601. expended,
leaving a balance of 12,2081. Resolutions were
passed, adopting the report, and declaring the
dividends on the 5 per cent. and six per cent
preference shares respectively. At the Eastern
Counties meeting, held yesterday, the dividend of
5s per share, and the report were agreed to, after a
long discussion.

In the north of Ireland the trade of the week has
been of an average character. Many of the weavers
have left their looms for the fields, where harvest
operations have been going on most rapidly. Pro-
duction has consequently fallen off, and stacks
have been considerably reduced. The retail trade
is also less active, owing to the occupation of the
rural population on their farms ; but, from the
generally abundant character of the harvest,
business in these departments of com-
merce must receive a large impulse after a few
weeks. A large area of flax lands has been
pulled this week ; the quality is well spoken of ;
and, as to bulk, there seems to be little cause of
complaint. Old Flax is nearly exhausted ;. the
rate of value, this week, is 5s 6d to Bs, as in quality,
for hand-scutched ; and 7s to 12s for milled.
Russian Flax is scarce and high, and stocks of
foreign growth are held by very few houses at
present. Yarns have been quiet for the last few
days, but business continues very fair &wall qualities
of medium counts. Fine warps are less active.
Brown goods sell at full prices ; the range for
rough browns at Armagh,. on Tuesday, was a shade
higher. Damasks are in fair demand, and
the Lurgan houses do dot show extensive accumu-
lations. Bleached linens are pretty large in bulk.
Orders from beyond the Atlantic are liberal, and
the anticipations of an unusually large antumn
trade give buoyancy to the home market. Power•
loom linens have succeeded so well that, were the
value of money more moderate, an immense
addition might be expected to the machinery for
producing linen cloth by steam-power.

THE FASTEST SHIP IN THE WORLD.

TO THE EDTTOR OF THE NORTHERN TIMES.

Sir,—Without thinking it necessary to support
our veracity with a bet, we are quite willing to
stake Xi OD against that of Captain Samuels, for
the benefit of the Liverpool charities, that the
Lightning's only passage from the United States
to Liverpool, was performed in less time, port to
port, than over has been accomplished by the
Dreadnought, (although regularly in the trade,)
and another £lOO that her sister ship the James
Baines, on her only passage from America, per-
farmed a similar feat.—We are, sir, your s respect-
folly, JAIdEs BAINXS & Co.,
Cook-street, 22nd August, 1857.

LIVERPOOL COTTON MARKET.—AUG. 2Z
There has been an active demand for cotton to-dal', 131
with an average supply, prices are very firm. The sales
—including 50 Pernambucos 91d, 250 Bahias 8 d, °",
Maranhams Wed, 700 Egyptians 141 to 12d, 2,500 SuratS
4d to did—are reported 15,000 !)ales, of which 2,000 are
on speculation and for export.

AGRICULTURAL PRODUCE MARICZT.—Ava, 22.
Per stone, 201bs. Per Pits. s. d. 0,.: a
5. d. s. d. Potatoes, Pink Eyes 00to 0 i
Flay, 01d...... o7to 0 83, Ditto, Kemps .. .. 2 4 i.:;* ;
Ditto, new.. 0 5 to 0 71 Ditto, Whiterocks. 0 0 to 0 ;
Ditto, clover 0 0 to 0 o,Ditto, Balshaws .. 0 0 to 0 .
Green Clover 0 2 to 0 2ilDitto, Beldrums .. 0 0 to 0 v
Vetches 0 0 to 0 0 Ditto, cattle ..
Straw, wheat 0 Si to 0 33 Per ton.
Ditto, oat 0 3 to 0 4 Turnips
Ditto, barley .... 0 0 to 0 O'Carrots
0
Oats, in straw , ... outo 0 0 Mangle wursel
:Manure 4 0 to 6 v

LONDON TALLOW MARKET.—Auo. 22. f,
The market is rather firmer to-day. Town talloW,P
quoted 61s nett cash; Petersburg Y.C. on the spot, 615 91
to 625; August, 61s 6d ; September, 61s 6d; October allo
December, 593 3d.

MAREET AVERAGES.—Town Tallow, 64s ; fat by d°,4„
3s 4#d; yellow Russian, 63s 6d ; melted stuff, 46•9 6"
rough do., 28s 6d ; tallow graves, 17s ; good dregs, 7s.

LONDON MINING MARKET.—Aua. 22.
Very little business has been dons to-day in WO
mining stocks. The only transaction recorded in the
official Stock Exchange list is in North Frances shares,
at 9id. St. John del Rey shares are marked 12i. Other
foreign descriptions have experienced no change.