Northern Times.
Liverpool, Merseyside, England, 1857-09-16 00:00:00

TELEGRAPH TO INDIA.

The news from India is not raorded,las satis

factory as at the first moment of its arrival, and
to-lay further depression was observable in the
Market for the Public Funds and Securities, and
a fall of Ito id per cent. occurred. Consols for
Money closed at 904 to On, and for the Account,
902 to 90a. After of eialhours the latter were quoted
even lower—viz., 9l to 902. Exchequer
Bills closed at 7 to 2 dis. The demand for Money
is moderately active, not more than the supply is
equal . to, but greater caution. is exercised by the
private discount houses, ar_d very few, if any, Bills
are negotiated under the Bank rate of bi per
cent. _ _ _ _ _ _

In the London Railway Share Market there was very
little business done to-day, and prices were rather
lower. The following were the closing quotations
—Caledonian, 831 841 ; Eastern Counties, 114, 111;
East Lancashire, 96, 97; Great Northern, 95i, 96! ;
Do. A, 86, 87 ; Great Western, 54 54i; Lancashire
and Yorkshire, 10Pi ; Leeds Northern, 49i, 50 ;
I.ondon and North Western, 991, 991; London and
South Western, 924 ; Manchester, Sheffield, and
Lincolnshire, 401, 41k; Midland Stock, 81, 904 ;
North British, 50, 51 ; South Eastern and Dover,
661, 68i; York, Newcastle. and Berwick, 93, 94 ;
York and North Midland, 791, 80. After official
hours, the business done was at the following
prices :—Caledonian, 801. 801 ; Eastern Corm-

ties, 11 3-16, 11 5-16 ; .East Lancashire, 96, 97

Great Northern, 901; Great Northern A, 86, 88:
Great .Western, 54!; Lancashire and Yorkshire,
1001, 1001; London and North Western, 991;
Manchester, Sheffield, and Lincolnshire, 401, 401;
Midland Stock, 814, 84-; North British, 50, 51 ;
South Eastern and Dover, 671 081; York, New
castle, and Berwick, 921, 931; York. and North
Midland, VI 761.
There was ratter more bu3ine s done in the
Liverpool Produce Markets to-Jay, and the price
of Tea and Rum advanced, the price of the former
being is 2.1 d to is 241 per lb. for common Congou.
Rice is rather quieter, and Coffee is not so active.
The Corn Trade was not so active to day, and in
some instances lower prices have been current for
Wheat and Flour.

The Manchester Yarn Market is completely ex-
hausted. Tc.,day buyers hai great diffitulty in
inducing producers to acct pt contracts at is 8 per
lb. over Friday's rates. Cloth is hardening, but
sluggishly.
According to a circular of M. Arles Dufour, of
Lyons, the French silk market continues heavy,
owing to the natural tendency to r?action from the
late exaggerated rise, and the general decrease in
consumption. The period, however, is approaching
for the receipt of the American orders for the spring
trade, as well as those of the European manufac-
turers, and as the latter are believed to have com-
pletely exhausted their stocks a partial revival is
anticipated.
'rho Journal ele Constantinople states that the
Porte has granted a concession to Messrs. Price,
Larkins, and Joyce for a railway from Samsoun to
Sivas, a distance of 250 miles, through a very fertile

country. The capital is to be 4,500,000/, with a 7
per cent. guarantee from the Turkish government.
It is intended to construct the line in three portions,
the second of which will terminate at the copper
mines of Tokat.

The following are the latest quotations of Foreign
Exchanges :—Amsterdam, short, 11 16 to 11 17 ;
Do three months, 11. 181 to 11 191; Rotterdam do.,
11 19 to 11 191; Antwerp do., 25 221 to 25 371 ;
Brussels do., 25 22,4- to 25 371; Hamburg do., 13 71
to 13 81; Paris, short,2 25 20 to 25 27* ; Do., three
months, 25 57* to 25 65 ; Marseilles do , 25 60 to
25 65 ; Frankfort do., 1181 to 1101; Vienna do., 10
32 to 10 31; Trieste do., 10 32 to 10 35 ; Peter-
burn. do., 364 to 361 ; Macrid, 49 to 49t.
Yesterday was " making up day" in the London
Share Market, London and North Western and
Midland stocks, especially the latter, were in full
supply at the settlement, and high rites were paid
by speculative holders to carry over their purchases
to the 30th inst. As much as,* per cent was paid
in the afternoon in each case. Great Western
stock, on the other hand, was scarcer in the market,
and 1-16th to per cent " haekwardation Or bonus
for the loan of it) was given. On Caledonian the
" contango" passed away in the afternoon, and at
the close the rate was " backwardatien" to " even."
Upon the whole, money is in more demand at the
present share settlement than for some time past.
We subjoin our usual statement of the terms gene-
rally quoted—
London and North Western from 1 to * per cent. contarg
Great Western
tion."
Midland -16 to 1 contango

Lancashire & Yorkshire .. I- to If ditto
South Easterns
Great Northern
Caledonians
York & North 'Midlands „ -k to 3-lb ditto
Berwicks .
London & South Western „ 3-16 to 5-16 ditto
Great Western of Canada „ 1-32 to 116 ditto
The smallness of the remittance by the Arabia
is owing to the panic in the New York money
market. When money is in such eager request
there, remittances to this side are kept within the
narrowest possible limits. The latest (lunation of
exchange on London was 109 to 1091. The rate
of discount on first-class paper was 12 to 15 per
cent.

We republish the particulars of the gold 'ern

tances known to be on the way to this country
from Australia. A very large sum is now due, or
overdue :

Gold on Value
Period board. including
Name. Sailed. at Sea. Ounces. Soya.
Summer Cloud „May 11..126 days.. 7,061.. .L 31,800
Anglo-Saxon June 1..105 „ 24,923.. 99,700
True Briton June 13.. 93 „ .. 61,893.. 277,900
Nourmahal June 15.. 91 „ ... 3,334... 39,300
California June 15.. 19 „ 50,000
Montmorency June 10.. 90 „ 50,196.. 200,000
Norfolk July 5.. 71 „ ..100,000.. 400,000

Total ounces... 248,307 £1,009,500

It is stated, in advices from Turkey, that the
projected Government Loan would probably be
undertaken by the Credit Mobilier of Vienna, but
as that Company's regulations prohibit participa-
tion in foreign schemes, the sanction ot the Austrian
Government would be first required. There can be
no doubt that the Sultan is in a very embarrassed
poEition,.and for some time past he has been coin-

pelled to raise means in small amounts and at
usurious rates of interest, to supply the moat
pressing wants of the State. Finding no en-
couragement in the French or English money
markets, the attempt will no doubt be made in any
quarter where there is the least chance of success.
The general meeting of the North of Europe
Steam Navigation Company has been held to-day
Mr. C. Morrison, the chairman of the new board
presiding. He regretted the time the new board
had been in existence had been so short that they
could not give shareholders any opinion as to the
future. The total loss was 187,1671. The directors
hoped to sell as many ships as would produce
r,0,0001, so as to adept whatever course might be
found expedient. He regretted that many idle
reports had been circulated about their vessels,
which only tended to hinder the sale of them, and
prejudice the favourable winding-up of their
affairs. The chairman concluded by moving the
adoption of the report, which, from all appearance,
was likely to be carried.

LIVERPOOL COTTON MNP.KET.—SErT. 15.
There has been a fair demand for cotton to-day, and prices tre
firmly main'alted. The sales—lncluding GO Pcroambueos lid to
11 id, 38 Bahlas 10d, 470 Maranhams 19d to lei& 250 Egyptians
111 d to 17d, 1,000 Stings to 73—are reported 8,010 bales, of
which 2,000 are on speculation and fur export.

LIVERPOOL PRODUCE MARBET.—SEPT. 15.
Scow.—A better feeling has prevailed. and steady prices have
been'realised ; the sa'es comrpise 100 hhds Demerara at 47s to 493 6d,
hhds Antigua at 48s 6d. 10J hh 's rubs at 49., and a cargo (about
340 tons) of white Bahia dioar, at 34s per cwt (iu bond)
.f p a. for an
outport.
Koss.—Rather mhre inquiry has been expeeeneed, and the sales
comprise 100 pancheons Demerara and 110 puncheons Jamaica, for
which rather be.ter prices have been realised.
COFFEE.—At the public sale of Jamaica, the trade evinced rather
less disposition to purchase. and of 180 tierces offered, only 50 tierces
found buyers, at Gls for ordinary, and a' 73s 6 i to 893 60 for low t•
fine middling. including a few tierces at 94 per cwt; holde!s never.
thrles3 being very firm.
Cocoa.-90 bags r, d Bahia, for arrival, are reported at 88s per
cwt.
Tga.—There has been an act ve demond for medium and fine
congou, and prices may be quoted dearer ; cmamon congou continues
firm at Is 2,11 to Is 2d per lb.
RICE.—The market remains (Fiat, and the hailness is confined to
1 800 bags Rangoon, ail faults, by auction, at 93 9d to 10s, and 960
bags damaged Madras at 9s 6d per cwt for Ist class.
Jurg.—At public sa'e, 450 ba'es, tart all faults, found buyers at
.2,1153 to £23 109 per ton for sound.
PEPPER.—We have to report 280 bags white at filid to Bad per lh.
LIN EED —550 bags Bombay an 635.
RAPE.— 550 bags at 57s 60 to 59s 60, both all faults, for first el ass.
TAM. SEED.-200 bags sound at 64s per quarter.