Northern Times.
Liverpool, Merseyside, England, 1857-08-13 00:00:00

TOTALS.

3,142

New York
Charleston
Savannah - 1,606
Mobile
New Orleans .. 23,899

34,768

An intelligent correspondent sends us the fol-
lowing :
The wonderful regularity which is the distinguishing
characteristic of the transactions in the Cotton trade of this
port, is not only a legitimate subject of congratulation to
the parties interested in it, but is, no doubt, one reason
why our market engrosses so large a share of it. Thirty
millions will, probably, be quite a minimum estimate of the
amount turned oder in the staple this year, nd yet how
few law suits or disputes have been heard of. as the
result of operations so immense. The scrupulous adherence
to the nicest sense of honourable desling and fairness must
ever be prevalent, or such a desirable condition of things
could not ba maintained. The merchant we hear now and
hen complaining that the buyers' interests are more regarded
by the Imps of the trade than his; but in return he finds
that he makes few bad debts, because the high principled
br. kers in the trade refuse to act for buyers whose credit
is at all doub:ful ; and as it is impossible, at all times, for
the most careful to be quite sure, so it has happened to one
or two of the leading brokers to have accidentally had a
failing buyer, but the loss was promptly made up by the
broker to the merchant. Were this principle, indeed, not
reccgnised, suspicion would soon enter a trade where con-
fidence now rules, and the seller would hesitate to take the
spinner's name upon the broker's representation, and
confusion would follow. Proud of the high position of this
mighty trade, and jealous for its maintenance, we hope
that the rumour that has been afloat on 'Change, that some
merchants are likely to be losers by a deviation from these
wholesome rules on the part of a young buying broker is
not true, but we shall hear fut ther.
We have not any great change in the Liverpool
Share Mat ket to-day. Very little business for im-
mediate settlement was transacted, butt there was
not much variation in prices. The sales were—
Caledonian, 381 Great Western, 551 ; London
and North Western, 102 t; Midland, 8111, North
Eastern and Berwick Capital, 23,1, *; North Staf-
ford, 211, ti, , Z-; Grand Trunk of Canada, 13
The business transacted for the next account was
- -

-Caledonian, 3S, A. 9, 8 15.16 ; Eastern Counties,
11 3-16, *, 1-16, 1; Great Western, 551, 4 3j, d,
Lancashire and Yorkshire Stock, 981,4 ; London
Stock, 1041 *, 2 ; Manchester, Sheffield, and
Lincolnshire, 40, 30; 4 ; Midland, 84 ; Dovers,
211, 15-16, 7-3; Berwiek Capital Stock, 23 7-16, 1;
York and North Midland,. 38*. The following
were the latest prices of the day :-Black-
burn, 71, 7:17; Chester and Birkenhead, -65, 651;
Caledonian, 381. 39 ; Chester and Holyhead, 17*,
18 ; Eastern Counties, 10 15-16, 11 1-16 ; East
Lancashire, 95k, 951 ; Do. 9/. shares, 2, 9-16 p ;
Great Northern, 241, 241; Great Western, 53, 54 ;
Lancashire and Yorkshire Stock, 98, 981; Do. 9/
shares, 11-16, a p;; Liverpool, Crosby, and Southport,
191, 197,-; L9nadon and North Western Stock, 1011,
102 ; Manchester, Sheffield, and Lincolnshire, 391,
40 ; Midland Stock, 831. 83-1 ; North British
114, 118 ; North Staffordshire, 4i, 44 d ; South
Eastern, 21 11-16 21 13 16; Scottish North Eastern,
121, 121; North Eastern-Berwick, 23, 231 ;
York and North Midland, 38, 38* ; Leeds
Capital Stock, 213-, 22 ; Buffalo and Lake Huron,
-It 4 d ;'Ditto R.-6-W Shares. 431 d • ntitob
411, 4t, a; (~treat Western of Granada, 20,1, 21i ; Ditto
New Shares, par, k p ; Great Luxembourg, 61,
6 15-16 ; Grand Trunk of Canada, 12 11-16,
12 13.16. The follbeing were the rates of con-
tinuations paid :-Eastern Couaties,even 10d; Great
Western, even 1-16 back, even ; Lancashire and
Yorkshire Stock, 7-16; London and North Western
Sto4k, 7-16 • Manchester, Sheffield, and Lincoln-
shire, 4 ; Midland Stock, 1 ; South Eastern, is 63 ;
North Eastern-Berwick, is 91, is 61 ; Great
Western of Canada, is 9d; Grand Trunk of Canada,
Is 61, is 1-16.

In the early part of the day there was more firm-
ness in the t ondon Stock Exchange, and Consols
were steady, but subsequently a reaction took
place, and prices settled down at the decline of
yesterday. The transactions were—Consols for
Account, 901; Do. for Money, 90, 898, 904; New
Three per Cents 901, On The closing rates were.
Consols for Money, 89k, 90; Do. for Account, 90+,
90g. New Three per Cents, 90k, 90-2.. Exchequer
Bills, 6 dis. to par.

The Loraion Railway Share Market was heavy
throughout the greater part of the day, and very
few sales were reported. We note the subjoined :
—Caledonian, 761; Eastern Counties, 111 ; North
Stafford, 127. 13; Great Western, 55i ; London
and South Western, 97 ; York, Newcastle, and
Berwick, 94, 92. The latest rates are quoted as
follows :—Caledonian, 771, 78; Eastern Counties,
10k, 11 ; East Lancashire, 94, 96 ; Great Northern,
A. shares, 88, 89; Great Western, 531, 54 ;
Lancashire and Yorkshire, 971, 98 ; Leeds Northern,
41, 42 ; London and North Western, 1011,
1011; London and South Western, 981 ' - Man-
chester, Sheffield, and Lincolnshire, 39, 40; Mid-
land Stock, 831, 831 ; North British, 45, 46 ; South
Eastern and Dover, 71, 724 ; York, Newcastle, and
Berwick, 911, 924 ; York and North Midland,
75, 76; Oxford, Worcester, &e., 31, 32 ; Great
Western of Canada, 20f, 21 ; Grand Trunk of
Canada, 121, 13; Dutch Rhenish, 41, 41; North
Stafford, 41, 4i ; Crystal Palace,
By the Atlantic, which arrived here from New
York, this morning, 361,456 dollars were received ;
and the Vanderbilt,, at Southampton, brought
420,000 dollars. The private letters received by
these vessels does dot describe any material altera-
tion in the Money Market. The wheat harvest had
gone on satisfactorily, and would preve decidedly
good, while the Indian corn also was rapidly reco-
vering. Mr. Thomas M'Elrith ha i failed for
80 0001, chiefly through connection with Western
railroads. From California the advises state the
yield of gold for the first half of the present year to
have been 4 750,0001, showing a decrease of 94,0001
as compared with the corresponding period of
1856. The increase of population durinrethe same
time had been only 4,295, of whom half are Chi-
nese. From the Pacific it is mentioned
,that Chili
is about to raise a foreign loan for railway purposes,
that in Ecuador the agent of the English bond-
holjera is arranging terms for settling lands with
liish labourers; and that in Peru the revolution-
ists, although driven to one point, have not yet been
entirely quelled. The difference between New
Granada and the United States appears to be on
the eve of a complete adjustment.
The steam-ship North American arrived here as
the Anglo-Saxon was taking her departure. She
brings dates of the Ist inst., in answer to those
taken out from hence to Quebec on the 15th ulto.
This is quick work. Private letters report well of
the crops, and a better feeling throughout business
circles in Canada West.

The following is an extract from a circular pre-
pared for transmission to India, by Messrs.
FL W. Jeweshury and Co.:—

TL'e late unfavourable advicts from India have again
caused more speculative inquiry for saltpetre, indigo, and
rice, all of which articles have again advanced in price.
In other woduce little has been doing, excepting for im-
mediate reqnirements, the unsettled state of affairs in the
East making buyers very cautious iu their operations.
Dyes and dyeing materials have been in moderate request.
There has been wore inquiry lately for lac dye, under the

impression that (owing to the disturbances in India) sup-
plies may begin to fall off. Cochineal and Safflower are
both dearer since our last. From the continental produ-ce
markets the accounts are, that business had remained
quiet, but prices were very firm. From the cotton manu-
facturing districts we learn that business had not been so
mach interrupted as was anticipated upon the receipt of
the Indian news ; and although buyers were operating
with cats ion, the amour, t of business transacted had in-
creased, and former vices were fully maintained. From
the woollen districts the accounts state that the advance in
the price of wool had checked business, and as merchants
were not inclined to pay higher rates, trade had continued
flat. On the 16th ult. the Bank reduced its rate to 50, at
which it now remains; the demand for money has lately
increased, and rates are fully maintained. We quote six
months' paper 6 to 61, three months' 51, and money on call
4.1 to 5 per cent.

We believe that the Government have paid over
to the agents of the Danish Government the
1,200,0001. which, it had been agreed, should be
given .as idemnificatim for the abolition of the
Sound Dues.