Northern Times.
Liverpool, Merseyside, England, 1857-12-24 00:00:00

NZW YORK

J. Morton . .
Fidelia

TOTALS.

New Orleans
Galveston ..
v[obile
Savannah .
Charleston .
New York .

The business done in the Liverpool Share
Market was very limited to-day. Still prices were
maintained with some firmness. The following
were the transactions:-Birkenhead, Lancashire
and Cheshire, 69; Blackburn, 91;•Caledonian 4r;
Chester and Holyhead, 17,1; Lancashire and York-
shire, 931, 93,1- ; Do. £0 shares, 3 316 p;
London and North Western, 961, 96*; Do,
one-eighth shares, 1 d ; Manchester, Sheffield,
and Lincolnshire, 391; Midlands, - 883-, 881-
81; North Eastern; 23*, 24, 234, 24; Dovers,
201, 201, 2C, 2034; Grand Trunk of Canada, 11 1-16.
tlB ; Great Lutembourg, 74 ; Liverpool and London
Fire and Life, 7 13-16 p. The .following were the
closing prices :-Blackburn; 91, 9 ; Chester and
Birkenhead, 68,-69; Caledonian, 44, 41+ ; Chester
and Holyhead, 171. 17+ Eastern Counties,
11/; -East Lancashire, 911, 021;' Do. 91. Shares, par,
p ; Great Northern, 24, xd 241-; Do., A, 91 ;
Great Western, 54i, 55 ; Lancashire
and Yorkshire
Stock, 932-, 9-3,1; Do. 9/. eleareseet,l P ; Liverpool,
Crosby. and. Sontleport, 181, 181 ; London and
North Western Stock, 961 96; Manchester, Shef-
fi .del, and Lincolnshire, 391 30;--; Midland Stock, 881,
; North British, 121. 122; North Staffordshire,
3-1, 81 d; North Eastern -Berwick, 2313-16, 2315-16;
York and North Midland-, 411 411; Leeds Capital
Stock, 26, 261; South Eastern, and Dover, 2011.--16,
20,1; Buffalo and Lake Huron, 6+, 6 ; . Do. New
Shares, 61, 6 ; Dutch Rhenish, di,. 41 d ; Great
Western of Canada, 191, 19g; D. new shares, 12-,
1 d ; Great Luxembourg, 7 3.16, 7 5.16 ; Grand
Trunk of Canada, 11 1-16, 111.
The Globe says not only must- the 2,000,0001.
over issue of notes be withdrawn before the Bank
can -make any reduction in its terms, but allowance
must be made for the effect of the payments of the
dividends early in January. A delay of a week is,
therefore, considered. not improbable, as Money is
now worth 8 to 9 per cent in Lombard-street. It is
not presumed that an alteration will be confined to
one per cent. Even if two per cent is taken off
the rates out of doors are likely to be adjusted 6
or 7 per cent. The supply of Money being large,
and the inquiry less active, the competition that
will probably arise, may soon cause a remarkable
change in the general appearance of th 3 Money
Market.
Another of our London cotemporaries of this
evening' says, that the result of the weekly court
at the Bank of England to-morrow, is looked for
with much interest. It is universally felt that -a
reduction of two per cent. in the bank rate is
imminent. The interests of the speculators in the
Stock Markets would be best promoted by' an
immediate reduction to that extent, but the more
reasonable expectations of the public will propably
be-satisfied if the Directors lower the minimum
rate to nine per cont. to-morrow, and to eight per
nee. the_cenee-i,avelereaeereaueleation is evi-
dently demanded by public opinion, and as the
position of affairs at least warrants a reduction
of one per cent, to-morrow, it is hoped that
the Directors will not delay the alteration.
The demand at the bank continues light., and
from the magnitude of the repayments to the
establishment, its " reserve " must now be largely
increased. The amount of gold purchased by the
Bank yesterday was about 208,0001, chiefly in bars
and United States coin, toge.her with some coin
From Russia and the Levant. In addition, about
150,0001. in sovereigns on the Africa, from New
York, is stated to have been sent into the branch of
the Bank at -Liverpool. The total stock of coin
and bullion is calculated to be now approaching
ten and a half millions Sterling. The return last
published stated it at 9,450,8551.
In the Discount Market the current rate-for good
bills is about nine per cent., but numerous trans-
actions take place as low as 8 per cent. When the
Bank reduee their terms, the rates in the open
market will probably be still lower.
The downward movemout in the value of Money
on the Continent seems to have fairly set in.
Private letters from. Paris express an anticipation
that the Bank of France will reduce the rte of
discount to 5 per cent. at the end of the year. Gold
is still flowing into that establishment from the
Levant and from other quarters. At Berlin on
Monday the Bank of Prussia lowered the rate of
discount to 61 per cent. At li am burgh first-class
bills are discounted at 4 to 5 per cent., and the new
Exchequer Bills at 4 par cent.
In the Market for the Public Farads and Securi-
ties, this morning, there was a firm feeling, but
afterwards a degree of flatness set in. In the after-
noon, the news of the relief !of Lucknow caused a
slight reaction, and Consols closed firmly at 93,1-.
The London Railway Share Market remained
dull all day, but we do not notice any decline in
prices. The closing quotations were as follows:-
Caledonians, 81i,. 82; DUtch Rhenish, 41, ;
Eastern Counties, 111, llg ; East Lancashire,
91, 93; Edinburgh and Glesgow, 61, 62 ; Great
Northern, 071 ; Do. A, 82, 83 ; Great Western of
Canada, 19+; Grand Trunk of Canada, 4317 41+ ;
Great Southern and Western, 97, 98; Lancashire
and Yorkshire,93_l, 931; London and North Western,
961, 96+; London and South Western, 931, 931 ;
• Leeds Northern, 511, 521 ; Manchester, Sheffield,
and Lincolnshire, 391; Midland Stock, 881, 89;
North British, 491, 50 ; South Eastern and Dover,
081, 69; York, •Newcastle, and Berwick, 951; York
add North Midland, 831, 83k,
A number of small failures continue to be
announced from day to day. Yesterday the
acceptances of two houses in London were re
turned, viz , of Mr. Pinto Baste, Spanish mer-
chant, and Mr. Van Specht, foreign merchant. In
ea.:711 case the liabilities are understood to be

, PASSENGERS PER ATL&NTIC.—Mr. Rodgers, infant and
: child; Mr. E. Criquiilion; Mrs, Morton; 111-. F. Hoffer-
. man; Mr. A. Hofferman; Mr. De Omar; Mr. A
li..ilianyi ; Mr. 0. Graham ; Mr. A. R. Chisholm ; Mr.
G. F. Dale ; Mr. E. H. Jones ; Mr. and Miss Gardner;
Mr. A. Pillontant; Mr. A. Stocitel ; Mr. S. Gaunt ; Mr.
Gardner; Mr. Allen and two sisters--22 passengers, and
£7,400 in specie,
REDUCTION OF INTEREST Ott DEPOSITS DT THE JOINT
STOCK BANKS —At a mating, ou Tuesday afternoon, of
the Committee of Joint Stock Banks, it was UnglliMOUily
agreed to recommend the respective boards to reduce the
rate of interest on depsits to six per cent, per annum,
and that the measure now only awaits formal confirmation
on the part of each establishment to ba forthwith acted
upon.
Tuz RUSSIAN ANEISSSADOR —The Times says, the ap-
pointment of an Ambasaador in the Cxtrt from the
Emperor of Russia, in the portion of Baron Brunow may
bo regarded as a political fact of SOlll3 significance. The
rank of Ambassador has ii3t been conferred on a Russian
Envoy since 1839. The return of Baron Branow, with the
highest rank that can ba held by the Envoy of one country
to another, may be regarded as strong evidence of the
friendly disposition of the present Emperor, and of his just
appreciation of the interests of the twQ Oonntries„