The Northern Daily Times.
Liverpool, Merseyside, England, 1857-05-01 00:00:00

MONETARY AND COMMERCIAL,

LIVERPOOL, Thursday Evening.

The sales of Cotton to-day were 6,000 bales, of
which one-third were on speculation and for
export. We do pot find any change to report in-
the tone of the market, as prices of all descrip-
tions are firmly supported.
In the Liverpool Share Market to-day there was
a moderate business done at the following prices,
being the, actual sales—Eastern Counties, 11 11-16
111; Great Western, 667; Lancashire an 3 York-
shire, 1001. e. 101, e. 101 ; London and North
Western, 1)441;. Manchester,- Sheffield, and Lin-
colnshire, 384, s. 39, -A-; Midland, -818, 82 ; North
British,lo-2- ;Dovers, 22i, a ; Dutch Rhenish, ld ;
Grand Trunk of Canada, 16 1-16, 8, 3-16. The
following were the closing prices, being the latest
quotations of the day :—Blackburn, 8 11-16, 813 16;
Chester and Birkenhead, 66,.662 ; Caledonian,

341, 349 ; Chester and Holyhead, 1.71, 181 ;
Eastern Counties, 111, 11/ ; East Lancashire,
97, 97k, 98; Do. 9/. shares, 1116, 13-16, p ; Great
Northern, 231„ 24 ; Great Western, 661, 661 ;
Lancashire and Yorkshire Stock, 1001. 1011 ;
ditto 9/. Shares, 15-16, 1 p ; Liverpool, Crosby, and
Southport, 191, 191; London and North Western
Stock, 1041 1048 ; do. 8 Shares, 3-16, /d ; Man--
ehester, Sheffield, and Lincoln, 39, 391 ; Midland
S;tock, 82, 821 ; North British, 10 916, 10 11-16 ;
North Staffordshire, 5,41 d ; North Eastern-
8.1-wick, 21g, 211 ; York and North Midland,
34, 32a; Leeds Capital Stock, 191, 201 ; South
Eastern and Dover, 22-a, 22 7-16 ; Scottish North
Eastern, 13, 131 ; Buffalo and Lake Huron, fr. # p;
do.'New shares. 1, p ; Dutch Rhenish, 1, d ;
Great Western of Canada, 247-; ; do. New Shares,
21,21 p; Great Luxembourg, 11, 101 d; Grand Trunk
of Canada, 161, 16 3-16. The Stock Exchange
will be elosed to-morrow, the Ist of May. The
following are the weekly traffic returns received up
to this evening :-Bedale and Leyburn 981;
Belfast and Ballymena 1,309/ ; Birkenhead, Lan
cashire, and Cheshire 2 561/ ; Blackburn, 1,1351;
Bristol' and Exeter 6 3361; Caledonian 12,6311;
Chester and Holyhead 5.419/ ; Cork and Bandon
2521 ; Cork, Blackrock, and Passage 1751; Deesido
2451; Dublin and Belfast Junction 1.4561; Dundee,
Perth, and Aberdeen Junction 1,055/ ; Dublin and
Drogheda 1,7151; Dublin and Wicklow, Dublin and,
Kingstown 1,2771 ; East Lancashire 6,260/ ; Edin-
burgh and Glasgow and South Dunfermline 5,291;
Edinburgh, Perth, Dridee, and Scottish Central
6,204/ ; Glasgow and South Western 6:4591; Great
Northern of Sc,otland 1 367/ ; Great Northern
22,4221; Great Southern and Western 7,5461; Great
Western 28,4401; Kendal and Windermere 1311;
Lancaster and Carlisle 5,697/,; Lancashire and
Yorkshire 22 8151; London, Brighton, and South
Coast 14,4781; London and North Western
60,853/ ; London and South Western 14,0601:
Manchester, Sheffield, and. Lincolnshire 10,2281;
Manchester, South Junction, and Al tringham 8481;
Midland 31,5001; Midland Great Western 3,954/ ;
Newcastle and Carlisle 3.5841; North British 4 8291;
North Eastern 34,3951; North Staffordshire Railway
and Canal 7,5771.; OxfOrd, Worcester, and Wolver
ham.pton 4 0141; St. Helen's Canal and Railway
1 607/ ; Shrewsbury and Birmingham 1,810/;
ShreWsbury and Chester 2,9881; Shrewsbury and
Hereford 1,2861; Scottish North Eastern 2,4721;
South Devon 2,6671; South. Eastern 17.6571; South
York and River Dun 2,4031; South Wales 6,4621;
Ulster 1,51314 Vale of Neath 1,729/; Warrington
and Southport 1531; Waterford and Kilkenny 4011;
Waterford and Limerick 1,0551; Weat Hartlepool
Harbour and Railway 3.0151; Buffalo and Lake
Huron 1,2371; Dutch Rhenish 2,5101; Eastern of
France 32,3531; Grand Trunk of Canada 11,404/;
Great Luxembourg 8631; Great Western of Canada

14 3711; Northern of France.3B,osl/ ; Orleans, Bor-
deaux, .and Branches 44,9751; Paris and Lyons
36,2951;. Sambre and Meuse 1,1501;
North Western 30,907/. Western and
. In the market for the Public Funds and Secu
rities to-day there has been a moderately fair
business transacted, without any material change
in prices. Consols for Money closed at 92,3 to 921,
and for the Account at 921, to 921
In the London Railway Share Market to-day,
the transactions were of- a moderate description,
and prices of all kinds were firmly maintained.
Midlands were firm, and Eastern Counties and
Dovers rather buoyant. The following were the
closing prices :—Ambergate, Nottingham, and East
Junction, 51, st--; Caledonian, 691 ; Edinburgh
and Glasgow, 55, 56; EaStern Counties, 10 ; East
Lancashire, 96, 98 ; Great Northern, 964, 974 ;
Do A., 86, 88- ; Great Western, 664 ; Lanca-
shire and Yorkshire, 1001, 101.; Leeds Northern,
394, 40; London and North Western, 1043, 105 ;
London and Smith Western, 1001, 101 ; Man-
chester, Sheffield; and Lincolnshire, 39i ; Mid.
land Stock, 821; North British, 421, 431 ;. South
Eastern and Dover, 74i, 75; York, NeWcastle, and
Berwick, 854,86; York and North Midland, 614, 65.
After official hours the transactions were at
the following quotations.: Caledonian, 691 ;
Eastern Counties, 11a, ; Great Northere,
964, 97; ditto A, 864, 874; Great Western, 601;
Lancashire and Yorkshire, 1011; London and
Nor la Western, 1041, 105; Manchester, Sheffield,
and Lincolnshire, .391; Midland Stock, 821, 82k;
South Eastern and Dover, 744, 75; York', New--•.
castle, and Berwick, 85, 86; York and North
Midland, 644, 65. •
The circular of i Trodennick, Old Broad
street,,London, just issued, contains the - follow-
ing remarks, in reference to Mines,-Mining opera-
tions, and the Metal Market : •. • _

The fall of £9 per ton in price of copper has been
partly anticipated in the standard for copper ore, we
therefore trust that the latter will not be seriously
affected in consequerce ; the miner should remember chat
the standard has ruled high for several months, and in
justice he ought to submit cheerfully to fluctua'ions not
involving a permanent fall of 10 per cent. Tin, in our
opinion, will be more seriously depreciated than copper,
anti it behoves all interested in tin mines to regard present
returns as no criterion of actual worth, four years' pur-

chase of divs. is euough to give for such mines as Mar-

prat, Providence, Great Work, Carnyorth, Ding Dong,
West Providence, Mary, St. Ives Consols, Dolcoath, Drake
Walls, or Tincroft ; the value of tin mines has rapidly
risen in the market; a fall of 101 to 151 per ton in the
price of tin will absirb at least 0n,3 moiety of the divs.
paid during the past year, and cannot but affect the
value of shares whenever it transpires. Bailer is look-
ing well in the eastern ground, a lode has been
intersected in the cross-cut from Davey's shaft, that yields

five tons both east and west per fathom; the ensuing; div.
will in all probability be 101. Basset div. will be 8/, and
the prospects are good. South Frances is improving, yet
the shares stand at 3251 to 3301 in the face of a 101 div. on.
Monday next. Buller and Basset United is looking well
in the shaft, the lode is four feet wide, yielding fine stones
of copper ore, in fact, the whole I.)de is strong'y impreg-
nated with copper. This is the most interesting.and pro-
mising noc-div. mine we have, it stands in the same north
and south p trallel as the Buller, Basset,and South Frances,
and the lodes now being wrought have yielded millions in
Penstrutthal and Tresavean, which stand about half a mile
to the east ; the shar.es are only 41 to 41/each ; 'Vest
Basset 30 to 32, and in good demand; North Basset has
continued i)
all in market value from 401 to 201.
and since risen to 21 to 221/, the reserves of
ore are estimated at 60,0001, whilst the ends
ate generally poor, thu prospects of the adventurer
are good, and in our opinion the yield will increase as
the works are extended in depth ; the larger depoai's
being usually found emb-dded in the granite ; the last two
monthly dividend was 10s, the present price Is therefore
seven years' purchase, which, in contradistinction to four
years, for tin mines, is a fair valuation. South Buller and
West Penstrathal 24; the crosscut north is passing through
a fine channel of ground, and in all probability the lode,
when intersected, will be found productive, as the depth
is 42 fms. -from surface, and the indications on the back
are highly satisfactory; this point is watched with lively
interest" by resident capitalists. 4 considerable advance
in value may any day occur. past Trefusis has risen from
3 to 7, 8 to 84; the lode in the engine shaft yields fine
stones of copper ; this adventure is situate in the Buller
and Basset United district, and has, therefore, every
favourable analogy of profitable surroandi▪
ng mines. Cam-
borne Veen has been in dergand at 6,7, 8,9, 10, and even
11, since which the price has dropped to 8 and 9. Stray
Park, 21 to 3. Damsel. 15 to 20. Thi▪ s mine is started
tuak7 favourable circumstances, and shares are mostly held
by practical loeal miners Penstrothal heavy, and only
very partially worked. West Grenville, Ss to Os; and
South Condurrow 6s to 7s. Both these mines are well
situate and worthy of a spirited trial. Grenville, 25s to 265.
Margery, Pendeen, Balnoon Consolo,Lelant Consols, Wendron
Consols, Carnewas, Old Tolgus United, Tolvadden, Great
Wheal Busy, and Great Wheal Vor, are favourably regarded
and we do not hesitate to predict that they will become

great and profitable mines... St Day-United has paid her
maiden div.. of is 61 per share, or 1,5001; this property,
upon which 40,000/ has been expended, ought, at present
prices of tin and copper, to pay regular dividends two
monthly: 'Great South Polges 14, ex div of 103; North
FranceS 15 to 16 ; South earn Brea 52 to 6.
Ace, to. tin circular of M. Arles Dufour, of
Lyons, the accounts of the Silk crop have thus far
been generally favourable: In France the ivorms
are coming out. In Spain and Naples they
.have
successfully passed the second stage. A sudden
fall in the temperature lately caused very serious.
but it is believed unfounded, alarm, and tempo-
rarily induced a feverish activity in prices, the
transactions towards the close of last week having
been very extensive. It is impossible, however, at
present to form a reliable opinion on the state and
probable result of the crop, and it is thought,
whatever may be its termination, quotations will
remain high, and that China and Bengal silks will
maintain their growing favour with the continental
manufacturer.
__ • _ _ _ _

The Grain Trade in the North of Scotland has
became more firm. Oats, at least, have been more
enquired for, and have realised an advance upon
last week's prices. There is much Wheat in the
country of rather an inferior quality, which for
some weeks has been almost unsaleable. The
increasing liveliness in the trade generally, how-
ever, has also bettered in some degree the prospect
of its 'holders Dealers seem to have acquired
increased patience in examining it, and in bearing
with its defects, and money can now be got for it—
a price, perhaps, slightly above that formerly
regarded as its nominal value. Barley remains
much the same as formerly. This week, however,
more interest has been manifested in the trade, in
the north generally, than at any time since the end
of March, and now that oat sowing is pretty well
through, for a short time some little activity miy
be anticipated.
The Canadian Government, it is currently re-
ported, intends to bring in a bill, on the re-
assembling of the Provincial Parliament on the
15th instant,:to grant the Grand Trunk Railway a
Subsidy of the provincial subscription of upwards
of three millions sterling; rather than drive British
capital to Russia, or permit the trade of the west to
.be diverted to New York.
.The general feeling
throughout Canada is in favour of substantial pro-
vincial aid, so as no longer to permit the stock to
be at a discount in the EngliSh market, or allow
Russia and India to offer greater inducements than
Canada for investment in works guaranteed by the
Canadian Parliament.
_

From the Circular of Messrs. Peel and Co.,
dated Alexandria, 18th inst., we learn that sales of
" good to fine" Cotton had been made at Mt, to
108 per lb, f. o. b. ; during the last two or three days
this article had been very dull, and prices of
" middling" to " good middling" may be quoted
$l3l to $l5, or 8d to 844 per lb, f. o. b. Many
large holders were preferring to ship rather
than realise at these rates, which leave them a
heavy loss. Flax continued rather scarce. For
Wheat the-best prices were 42s 6 1 to 42s 101 per
quarter f. o'. b. Beans of the new crop had been.
sold at 48s to 493 10d per quarter. Linseed, Indian
Corn, and Barley were neglected. Exchange on
London ruled 1021 per X. Freights were nominal
One of the chief features in the Stock Exchange
yesterday was the extraordinary fall' of about X 2
per share in Paris and Lyons Railway Shares, eon-
seqnent upon a corresponding movement at Paris.
whence the quotation came reported:bY telegraph
this afternoon at 1,490 f. At half-past 4 o'clock
the price had fallen. in our market to 594 to
Rumours are circulated that the proposed fusion
of this Company with the Lyons and Mediter.
ranean Railway Company is broken off.
As an interesting feature we notice the introduc-
tion of the shares -of the Atlantic Telegraph Com-
pany into. the official list of the Stock Exchange.
The shares are of no less than 1,000/ each, with
4001 paid, and the nominal quotation is about 10
dis Count to par.
Further telegraphic intelligence received from
St. Petersburg states that " the exportation of gold
is permitted," .thus confirming the despatch re-
ceived on Tuesday- Inasmuch, however, as the
exchange on London had further advanced to 38* to
3-16 d, whilst the collection of any considerable
quantity of gold was attended with the greatest
difficulty, there seems little prospect of imme-
diate remittances of importance to this country. The
Imperial Bank, it is true, professes to cash its notes
on demand, but every one acquainted with 'Russia
knows that this profession involves a deception.
No ordinary person would venture to press for any
considerable amount of the precious metal, cape
cially for exportation, since the authorities would
probably postpone complying with his request,
and, and if he did not act upon this tacit hint,
would not hesitate to intimate to him their advice
hot to urge his application further. These tele-
graphic advices also confirm the statement of the
weather at St. .Petersburg having become very
warm; and it is added that " the water is opening
seawards."

AN UNEXECUTED ORDER.—We have been shown, by
the secretary of the Trade Protection Society, an order
for chains which was sent by a firm in this city to chain
manufacturers in England, but which, for certain good
and sufficient reasons, will not be executed. The same
firm have sent orders to Ireland and elsewhere, and give
reference to a " firm" in London, who report " that their
transactions with the Glasgow house have been most
satisfact, ry." The value of the chains ordered is about
£3oo.—Glasgow Paper.
We hope that the public are now sufficiently upon their
guard, net to pay £9 or £lO for the LLD.'s of a person
styling himself " Our" Mr S., of Clinton College, U.S.
It is but jas.ice to state, that this most ingenious and clevr r
trick has been exposed through the exertions of a gentle-
man of this town. Dr. Fisher, upon receiving his LL.D.,
wrote immediately to a friend in London, stating his
doubts and suspicions, and requesting him kindly to ir-
vestigate the matter; this was done with such promptitude
ing and effect, that we fear Mr. S., notwithstand-.
his Yankee cuteness, finds himself a considerable loser
b, the transaction, for, though many letters were sent to a
well known gentleman in London, for Mr. S., from all
parts of the kingdom, we are happy to say that the visits
and inquiries of Dr. Fisher's friend, made Mr. S. think it
advisable to leave the town for a short time, and his letters
uncalled for till a more convenient season. We congrat-
ulate those who have been honoured with Mr S's parch-
ment, that he will pocket none of their money, and that
they have escaped a swindler, as clever, as original, and as
apparently perfect as ever left college walls. Dr. F.
showed his imaginary diploma to the Rev. Dr. Raffles, and
to several other gentlemen, expressing his doubts of its
value, but each of these gentlemen expressed the most un-
bounded confidence in its legal authenticity. We think,
that after this notice, Mr. S.'s fertile hr: in must suggest
some other way of creating an income. We have seen the
certificate or diploma forwarded to Dr. Fisher, and certainly
the character and execution, including signatures, are so
well ev-euted, that few would, for a moment, doubt the
authenticity or genuineness of the document. Through
the exertions of Dr. Fisher, all the letters and cash remit-
ted to Mr. S., have been debarred from him.
Bucs.-One of the greatest domestic nuisances, especially in the
spring and summer of the year, is the prevalence of bugs. Many
means have been tried to prevent or exterm nate them, but all
hitherto ineffectually. Cleanliness may check, but cannot eradicate
them. Mr. R. Greer, late one of the Liverpool sanitary officials,
after intense study and deep research with many practical experi-
ments, in the usual pursuit of his official avocation, has at length
discovered the great deside atum, " Greer's raient Anti-Bug Lotion,"
is an unfailing exterminator of bugs, fleas, &c. It is clean, simple
in application, agreeable in smell, and perfectly innoxious save to
insects. To be had at the Ants:Vermin Office, 49, 13rownlow-hill,
Liverpool, in bottles at Is. 25, and 4s each.—Advt.
Tate CALIFORNIAN PEN.—The evert sting quest'on f" is this
good pen" has been answered by Mr, B. I'. Hall, of South John
sire, t, who has succeeded in croducing a metallic pen. which he
designates, 'not inaptly, as above. There is hardly anything more
annoying than a had pen—every one knows the misery. The pen
made by Sir. Hall, is fit for any hand to use (light or heavy), and
what is of the greatest value, it does not corrode, but will work Kitt:
equal facility in coy ink. From experience Of rfluvinE pens, we can
say that this one, which is polished as gold, and will last nearly as
b egg !!l2 teat one we have ever used,—Northern Times. One
box, containing six dozen pens, sent free on receipt of 2s 63 in
postase stamps. gezlts, wonted for the country.--sliitt.
Emigrants to the FNITEn STATES and CANADA, by taking the
Through 'rickets a the Gravel Tru't k Hailwty Company, are con.
veyed from their port of landing to their destination in less than ONE
QuenTna OP THE TIME taken by Steam float", and at about the eame
rates of fares. Thfis a passenger can teach Chicago from Quebec, a
aistance of 1,007 miles, in lees than 23 days, whereas by water it is
nearly double the distance, and requires from 12 to 15 days, with five
or six changes of Steam Boats, during all of which they are exposed
gill
to the arts and machinations of de* persons , whose sotto means
of living is by their plunder. The steam Boats, especially when
crowded, scarcely afford protection from the weather. Passengers
with Through Tickets are allowed the same amount of luggage, free,
as on board the ship, and it is conveyed from the Ship to the Railway
station witliuut any charge whatever. The Agents cf the Grand
Trunk Company will give Mechanics, Artisans. and Labourers, on
their arrival, the best information in respect to employment, the
pi, ees at which it is to be had, and the rates of wages. Intending
emigrants can have sent to them, free, a Tariff of Passenger Rates ;
and all their enquiries with regard to the sal ing of both steamers
and sailing ships, Scale of Dietary, Re , will be immediately answeted
on application, either personally or by letter, at the offices of the
, Grand Trunk Company, 21, Old Broad street, London.

Commerttai Intelliatnct.

LIVERPOOL COTTON MARKET.-APRIL 30.

Tk re has been a moderate demand for cotton to-day, and the
supply being more than sufficient, prices have ruled a sy and rather
irrezular. The saes—inelnding GO Pernambncos Bid to Bad, 150
Bahias 71d to Bd. 200 Egyptians 91 to 102 d, 800 Surats 4id to W—
are reported 6,000 bales, of which 2,009 are on speculation and for
export.