Northern Times.
Liverpool, Merseyside, England, 1859-02-21 00:00:00

gortgt)gßy• AND COMMERCIAL..
--LIVERPOOL, Saturday--Evening

The Liverpool Cotton Market has been rather
quieter to-day, the sales amounting to 8,000 bales,
of which about a fourth were taken for speculation
and export. "Prices have been firm.
The, private accounts from New York, by the
Etna, which were delivered this morning, show
that the.unsettled state of European politics was
beginning to act unfavourably upon the New York
Money Market, and further advices were awaited
with great anxiety. Capitalists and Bankers were
gradually contracting their operations, and ad-
vancing the rate of interest for loans. Very few
banks would advance below six per cent., and some
of the more conservative managers demanded even
a higher rate.. The Stock Market was dull, and
prices showed a downward movement.

It is remarked that unless some new speculative
movement should take place, Railway Stocks
would fall to their natural level. The reply of
the Secretary of the Treasury had been sent to
the House, reiterating the views he had already
expressed as to the necessity for a change in the
tariff, and against a loan, but it was expected it
would have but little effect on Congress. Some
compromise was, , however, anticipated. The
Senate committee on the Post-office it is said would
report in favour of, a weekly line of steam-ships,
from New York to England and France, for the
purpose of conveying mails.
Advices from Havannah of the 27th of January,
state that the market for Sugar was characterised
by a strong speculative feeling, consequent upon
the stock not exceeding- 18,000 boxes of the new
crop. Holders were very firm.
Adirices from Cincinnati, of the 2nd inst., furnish
the report of the Pork packing of the Western
States of America for the past year, and from it
we learn that there has been an increase in the
number of 228,000 hogs, but a decrease in weight
of 69 per cent, and a decrease in lard of 7k per
cent. The net increase in the crop, as compared.
with last year, was 79,000 hogs,. or 3f per cent.
The London Stock Market has again been heavy,
and the tendency of prices for public securities
downward. Consols declined about one-eighth
per cent., and closed at 951 to 954 for both Money
and, the Account.. The Three per Cents. Reduced
have been dealt in at 96}; the New Three per
Cents., at 954 to 9,63; India Bonds,. at 15s to 18s
prem. ; and Exchequer Bills at 36s to 39 prem.
The following were the closing prices : Consols
for Money, 951 to 95t ; Do. Account,. 951 to 95! ;
Exchequer Bills, 36 to 39 ; Bank Stock, 227 to
229 ; Three per Cents., 954 to 96.
The London Railway Share Market was also
heavy, many of the leading Stocks showing a
decline varying from sto 1, per cent. The principal
movement was in North British, which, has again
fallen no less than l:? per cent., owing to,a rumour
that the dividend will be a disappointment. Lon-
don;. and North Western stock is now quoted 95/
to 951; Lancashire and Yorkshire, 95-1- to 95i,;
Midland, 1011 to 1:01:41 South Eastern; 22 1-16
to 22 3-16 per share ; Caledonian, 841 to ao •' Great
Western, 561 to 563,; Eastern Counties,. 1.2 to 121
per share ; North British, 58 to 581 ; and York
ancENorth Midland,. 78/ to 781. French Railway
Shares were steady at yesterday's closing suotaions.
Lombardo-Venetian shares dull, the old being quoted
9-16' to 11-16 prem., and the new 1-16 to 3-16 prem.
East Indian Railway Stock continues in. demand.
ThelollOwing were the closing prices —Ambergate
Nottingham, and FAstern Junction, 6k, ; Cale-
donians, 841, 85 ; Eastern Counties, 601, 60/ ;
East Lancashire, 95, 96; Edinburgh and
Glasgow, 71, 72 ; Great Northern, 1011, 105 ;
Do.. A. 88, 90 ; Great Westerns, 561, 561 ;
Great irestern of Canada, 15/, 16 ; Grand Trunk
of Canada, 291, 301; Great Southern and Western,
lig, 106; Lancashire and Yorkshire, 951, 95;q' ;
London and North. Western, 951, 951;: London
and South Western, 921, 921 ; Leeds Northern,
483 ; Manchester, Sheffield, and Lincoln, 371' 38/ ;
Midland Stock, 1011, 1011; North British, 581,
501 ; South Eastern and Dover, 731, 74.1; York,
Newcastle, and Derwick, 93/, 931; York and
North Midland, 784, 79.
The movements of the Precious Metals during
the past week have been of importance. The im-
ports have amounted to about £4613, com-
prising £114,490 from the United States, .by the
Europa, and £15,000 by the Etna; £l5O from the
Peninsula, by the Alhambra ; £178,859 from
Mexico and the. West Indies, by the La Plata;
£58,114 from the Brazils, by the Avon ; about
£60,000 in 'gold from Russia ; and £30,000 in
silver from the Continent. The exports have been
£175,281 to the East Indies and China by the
Ceylon, chiefly in silver ; and shipments to the
Continent, through the London Custom House,
estimated at £10,005, making, a total of £185,286.
Some further arrivals from Australia may soon be
expected, the Red Jacket having been 79 days at
sea with £146,444.

The steamer Ceylon will take out £175,281 in
specie for the East, all silver except 2,365
sovereigns. The official particulars are as follows :
For Madras, sovereigns, £2,365 ; for Calcutta,
silver, £80,650 ; for Penang, silver, £1,500 ;
for Hong Kong, silver, £42,430; and for Shang-
hae, silver, £48,336. The total would have
been larger were it not for the fact that some con-
siderable sums were to-day countermanded for the
next vessel for Bombay, whence the exchange
comes higher.
The demand for money continues moderate,
and the market is essentially, easy, but no actual
alteration can be made in the general quotations
for best commercial bills, although there are ex-
ceptional cases in which slightly reduced rates are
accepted. The applications at the Bank yesterday
have been exceedingly small. On the Stock
Exchange there was scarcely any demand, and
abundant supplies offering.
The English Funds opened this morning without alte-
ration, but the market was languid, and a few speculative
sales soon caused a decline of 8, at which they remained
In the Produce Markets during the week, the general tone
has rather improved, and prices have been steady. There
has been more inquiry for export, partly on the favourable
commercial advices from the United States, but the Con-
tinential trade is quiet. The Tra Market is very firm ;
common Congou was bought this morning at ls.
per lb., but cannot now be obtained at that price. Fine
mixing kinds, recently arrived, have been sold at full
rates, those under 2s. 2d. per lb. being most sought after.
Times City Article, Friday Evening.

Extreme dulness prevailed today throughout the
Stock Exchange. The continued armament in France,
and the absence of any recovery on the Paris Bourse,
contributed to :check all tendency to animation. The
Funds, however, closed as good as yesterday, a reduction
of aper cent., which took place towards the middle of
the day, promg merely temporary. Sales in preparation
for the Indian loan appear to have been effected to some
extent, yet without prejudicing the market. With the
exception of the Indian Railway Shares, the other
markets were heavy. Further large sales of Lombardo=
Venetian shares on orders from Vienna had considerable
effect upon the Stock Market generally. The Discount
Market was rather more active, but the best bills were
freely taken at 24-, and even 2 per cent. The operations
in gold at the Bank to-day were unimportant. The
steamer Ceylon will take out, on the 20th inst., £175,281
in specie for the East, all silver, except 2,365 sovs. Some
considerable sums were to-day countermanded for the
neat vessel for Bombay, whence the exchange comes
higher. On 'Cliang,e, this afternoon, a fresh rise took
place in the rates for bills on Austria. Paper on Holland
was likewise quoted more favourable for this country.
The other exchanges remain firm.- .Daily .Arcws City
Article, Friday Evening.

THE INDIAN Loan.—The Times says a rumour has
been circulated that the new Indian Loan,of £1,000,000
will be in the form of 41 per cent. debenture's redeemable
in ten years, and to be issued at par. It is scarcely
probable, however, that the real terms will be allowed to
transpire until they are formally advertised.

JEWS IN THE lONIAN ISLAND3.—It is, perhaps, not
generally known that the Yews in the lonian Islands are
greatly oppressed. Sir Moses Montefiore, consequently
by direction of the Board of Deputies, addressed a memo-
rial in behalf of his unfortunate brethren to the Lord
High Commissioner, through the medium of the Home
Secretary. From information received by the worthy
baronet, we have reason to believe that by
E. Lytton
Bulwer forwarded it to Corfu ; but as Mr. Gladstone has
been re-called, it will probably come into the hands of
his successor, Colonel Sir Henry Storks. Let us hope
that his Excellency will take it into favourable considera-
tion.—Jewish Chronicle,