The Northern Daily Times.
Liverpool, Merseyside, England, 1857-04-18 00:00:00

THE NORTHERN TIMES.- LIVERPOOL, SATURDAY.

tone. Wheat advanced 24 per 701bs; Flour 6d per
barrel, and Indian Corn more difficult to buy at
the quotations.
There has been a steady Market for Goods and
Yarns at Manchester, but the demand partakes of
that cautious hesitation which has so long charac-
terised ithe operations, Stocks do not, however,
accumulate in first hands, and a slight impetus
would stimulate greater activity: High rates of
interest and high prices for the raw material tends
very forcibly to cause that reserve which charac-
terises the business in progress.. _ _ _

In the present straitened position of the Bank's
resources, some discussion is excited as the effect
which the repayment of the two millions of
Exchequer Bonds falling-due next month will have
upon its reserve of notes.
We understant that the Russian railways are to
bo formally launched in this market at a very early
date. The subscription list is to be opened in
Paris from the 28th inst.

Large quantities of Silver are still being drawn
almosz; daily from the Continent, and preparations
for effecting shipments by the steamer Indus,
which will leave Southampton for Alexandria on
the 20th instant, are prosecuted with great activity.
In many quarters it is thought that the aggregate
remittances by this vessel will not fall far short of
750,0001., nearly all in Silver, and drawn principally
from the Continent. The payments to the Con-
tinent for these supplies of Silver seem at present
to be effected through the medium of bills, but it
will not be unreasonable to assume that a con
tinuance of the me,wment now witnessed may ere
long depress the Continental Vxchanges, s) as
to allow of renewed shipments of Gold from this
side.

The dollars brought by the steamer La Plata
were sold yesterday for China at 5s Old per ounce,
being the same price as was realised for the supply
received in March.

Telegraphic accounts from Constantinople,
announce an advance in the exchange on London
to 1251 to 126 piastres, owing to the doubts enter-
tained relative to the establishment of the long
promised National Bank.
The Paris advices indicate moderate rates of
"continuation" at the half•monthly settlement in
railway shares now in progress on the Bourse.
From day to day constant additions are made to
the mass of securities afloat at Paris. T.he Paris
Gas Company have just decided upon raising a
loan of £140,000.

We are sorry to learn that the first issue of a
series of bonds of the important city of Montreal
(Canada), which became due the Ist of March last,
were not, and have not since been, paid. This
remark applies to the principal, the interest having
been met with punctuality. This default is to be
regretted, as tending to injure the credit of other
Canadian cities, and, indeed, Canadian securities,
generally. . .

The -Hoyal Mail steamer Columbian arrived at
the Cape of Good Hope on the 18th February, on
her way to Melbourne, having been 35 days on her
passage from Southampton.
The position of the market for American securi-
ties is thus noticed by Messrs D. Bell, Son, and
Co :—" There is no change to notice in the market
for American securities. Business continues in..
active, and prices remain stationary."
The report of Mr E. F. Satterthwaite is sub-
joined :—" The market for American securities in
London has been affected by the high rate prevail-
ing for money. We note, however, a quiet but
steady demand for investment in the best securities.
Illinois Central Shares have been sold at lower
rates. Construction Bonds were.fiat in the earlier
part of the week, but close exceedingly firm at the
highest points. We note sales of Joliet and
Northern Indiana Erie 1883, 1871, Detroit and
Milwaukee, Pensylvauia Central, and New York
Central Bonds, at our quotations."
Foreign Exchanges:—Amsterdam, short, 11 16 to
11 17; Do. 3 months, 1.1 19- to 11 MI ;' Rotter-
dam, do , 11 Hi- to 11 191; Antwerp, do , 25 421- to
25 50 ; Brussels, do , 25 422 to 25 50 ; Hamburg,
do., 13 84- to 13 81; Paris, short, 25 25 to 25 324;
Do., 3 months, 25 621- to 25 671; Marseilles. do..
25 65 to 25 70 ; Frankfort, do., 1.19 to 1101;
Vienna, do., 10 29 to 10 32 ; Trieste, do., 10 30 to
10 33 ; Petersburg, do., 361 to 30 ; Madrid, do., 49
to .19 ;Ef

BANK OP INGLAND RETURNS.

An Account, pursuant to the Act 7th and Bth Victoria, cap.
32, for the Week ending April 10, 1U57.
ISSUE DEPARTMENT.

Debit. Credit.
Notes issued .. £22,796,165 Government
Debt
Other securities 3,459,900
Gold Coin and
Bullion

8,321,165