Northern Times.
Liverpool, Merseyside, England, 1857-12-30 00:00:00

SAVANNAH.

John Pallen ..... 3543
Rome .. . 23601

The Liverpool Share Market opened with much
excitement this morning, and higher prices. To-
wards the afternoon it became calm, and closed
about per cent. below the highest point of the
day. The following were the transactions :-
Caledonians 421, 414, 42 ; East Lancashire 92;
Blackburn 9 9-16 ; Eastern Counties 114,
11 15 16, la. ; Great Western 55}; Lancashire
and Yorkshire 944, 944 ; London and
North Western 973, 98, 974, 981. 984, 984 ;
Manchester, Sheffield, and Lincolnshire, 404, 401
Midland, 90, 904; 904 ; North Eastern, 24f ; Dovers,
213; Dutch Rhenish, 4, 44- d ; Grand Trunk of
Canada, 114, 121, 124. 12 5-16, 124, 12 5.16 ; Great
Western of Canada, 20 ; Do. New, 1 d ; Manches-
ter, Sheffield, and Lineolnshire, 34 per cent. pref ,
63 ; Liverpool and London Fire and Life, 8 p. ;
Royal Insurance. 34 p. The following, were the
closing quotations :-Blackburn, 94, 94; Chester
and Birkenhead, 684, 69 ; Caledonian, 424, 43;
Chester and Holyhead, 173, 174 ; Eastern Counties,
114, 15-16; East Laneashire, 92, 93; Do. 9l Shares,
par 1 p ; Great Northern, 24, 244 ; Do., A., 10, 104 ;
Great Western, 55, 56; Lancashire and Yorkshire
Stock, 941, 941 ; Do. 91. shares, g, 4 P ; Liverpool,
Crosby, and Southport, 183, 184 ; London and
North Western Stock, 984, 984; Manchester, Shef-
field, and Lincolnshire. 41, 414 ; Midland Stock, 91
914; North British, 124, 124 ; North Staffordshire,
34, 31 d ; North Eastern -Borwiek. 24 9-16, 2411-16;
York and North Midland, 424. 424; Leeds Capital
Stock, 263, 264 ; South Eastern, 21 13-16, 214 ;
Buffalo and Lake Huron, 15, 151 ; Do. New Shares,
6, 54 d ; Dutch Rhenish, 34, 34 d; Great Western
of Canada, 20/, 204; Do. new shares d ; Great
Luxembourg, 74, 74 ; Grand Trunk of Canada, 124,
12 7-16. .The following were the continuations
paid :-Caledonian 9-16 ; Eastern Counties, 2s ;
Lancashire and Yorkshire Stock, 1; London and
North Western Stock, 4; Manchester. Sheffield,
and Lincolnshire, 7-16 ; Midland Stock, 4, 9-16 ;
South Eastern, 3s. 3d. ; Dutch Rhenish, is Id,,
ex coll.; Great Western of Canada, 4,3 s, a ; Grand
Trunk of Canada, 4.
A. number of Promissory Notes of the Borough
Bank, for 1001. each, bearing interest at the rate of
7 per cent. per annum, were disposed of at the
Stock Exchange to-day. The prices obtained
were, 6 months' notes, 97 ; 12 months' do., 92; 18
do. do., 87; and 24 do. do., 83.
There was a good demand for Money today in
discount channels, but no pressure, and the appli-
cations are not greater than can be fully accounted
for by the usual arrangements at the termination
of the year. The terms charged in Lombard-street
are at least 4 per cent. below the minimum, and as
the supply is abundant, a further reduction of the
official rate is soon expected. A metropolitan
cotemporary of this evening says that the arrival
of 650,0001. in gold, the whole of which
will probably be sent into the Bank of England,
coupled with the announcement that the stock of
coin and bullion in the Bank of France amounts
to 10,800,0001 (being an increase of 1,380,0001 sinew
the last returns, have strengthened the impression
that the rate of discount at the Bank of England
will speedily fall to 6 per cent , and probably lower
still. This will involve a corresponding reduction
in the rates offered for loans by the joint-stock
banks and discount establishments, and will
stimulate the appetite of the public for eligible
investments. Already a demand of this bona fide
description is arising, numerous investments being
effected in preference and guaranteed British
railway stacks, guaranteed Indian railway shares,
&e., and the movement is expected to continue.
There has been a very firm demand for Public
Funds and Seeurities to day, and if it had not
been that a very large failure occurred on the
London Stock Exchange yesterday, a- material
advance would have taken place. As it is, Consols
are quoted 1 to 4 per cent. higher than at the close
of the Market yesterday, viz., 931 to 934.
The LonclOn Railway Share Market has been
rather animated to day, and prices close at a
slight advance. The closing prices were
Caledonians, 84, 85 ; Eastern Counties, 11$,
East Lancashire, 91, 93 ; Edinburgh and Glasgow,
614, 621 ; Great Northern, 974, 984 ; Do. A, 84,
86 ; Great Westerns, 541, 544 ; Great Western
of Canada, 204, 204 ; Grand Trunk of Canada,
121, 123 ; Great Southern and Western, 97, 99 ;
Lancashire and Yorkshire, 944; London and North
Western 971, 98 ; Leeds Northern, 53, 54 ;
Manchester, Sheffield, and Liucolnshire, 41 ;
Midland Stock, 904, 91 ; North British, 51, 52 ;
South Eastern and Dover, 711, 724; York, Newcas-
tle, and Berwick, 961, 97; York and North Midland,
84, 85. After official hours, the following were the
quotations :-Caledonians, 814; Eastern Connties,
11 13-16 11 15-16 ; East Lancashire, 91, 93 ; Great
Northern, 9.74, 984; ditto A. 84, 86 ; Great Westerns,
544; London ana North Western, 974 ; London
and South Western, 934, 934; Manchester, Shef-
field, and Lincolnshire, 401, 41; Midland Stock,
904, 904 ; North British, 504, 51; South Eastern
and Dover, 711, 72 ; York, Newcastle, and Berwick,
961, 97; York and North Midland, 841, 85.
The following are the latest quotations of Foreign
Exchanges :-Amsterdam short, 11 154 to 11 161 ;
Ditto three months, 121 to 124 ; Rotterdam
ditto, 124 to 12 4 ; Antwerp ditto, 25 55 to
25 624; Brussels ditto, 25 55 to 25 624; Hamburgh
ditto, 13 71 to 13 81 ; Paris short, 25 20 to 25 30;
Ditto three months, 25 65 to 25 70 ; Marseilles ditto,
25 674 to 25 75 ; Frankfort ditto, 1204 to 1204;
Vienna ditto, 10 44 to 10 48 ; Trieste ditto, 10 45 to
10 50; Petersburg ditto, 33 to 34; Madrid ditto,
474 to 471

The Bank of England bought yesterday about
70,0001. in newly imported gold, including a quan-
tity of Russian (Join. The total amount held by
the Bank must now be about eleven millions. This
is exclusive of the large eum now off the coast.
A despatch from Paris, dated this afternoon,
announces that the Bank of France have this day
reduced the rate of discount from 6 to 5 per cent.
On the Bourse, this morning, the Three per Cent.
Rentes opened at 68fr. 10c. ex div. for the account,
showing a rise of per cent. since yesterday
afternoon.

The advice from America have had the effect of
causing a demand for American Railroad Bonds, I