Northern Times.
Liverpool, Merseyside, England, 1857-12-31 00:00:00

MONETARY AND COMMERCIAL.

LtvEnrooL, Wednesday Evening.
An active demand continues to prevail for Cotton,
and prices are very well maintained. The sales
to-day were about 12 000 bales, 8,000 of which were
on speculation and for export.
The upward movement continues in the Liver-
pool Share Market. To-day there was a good
business done, and prices are higher than those
current yesterday.

Miscellaneous Shares.

Blackburn
Chester and Birkenhead.. .....
Cale on:an .
Chester and Holyhead ...
Eastern Counties.
East Lancashire ........ .
9 hhare3 ..... .
Great Northern....

G,eat Western . ...
Lancashire and Yorkshlro Stock..
Do. £9 shares ..............
Liverpool, Crosby, and Southport..
London and N'Orth Western Stoce

Do. Ish res
Manchester, Sheffield, and Lincoln
Midland Stock ....
North British .
North Staffordshire
North lantern—Be7wick ........
York and North Midland—.
Leeds Capital Stock.. ......
South Eastern and Dover ..

FOREIGN.

Buff.,lo and Lake Huron

Ditto New Shares
Dutch Rhenish„
Great Western of Canada....
Di. to New Share., . .
Gr.-at Luxembourg..
Grand Truck of Canada ........ • •

Cloa. Prices
To-day.

9i ..
6St .. 6g
42a 421
17i 17a
114 11 15-16
92 .. 93
par .. IP
24 24}
10 .. 10a
55 .. 55
914 .. 94

iP
.. 181
934 984
11-16..
41 .. 414
914 .. 911
124 .. 13
31 3 d
24i .. 24f
424 .. 42;
26f .. 27/
21 19-16 211

15 .. 151
6 .. 51
34 .. 3 d
2 .. 201
• • 114-1
71 .. 71
2/ ...12 7-.6

Loc tr. gIIkILES.
Bank of Liverpool.. ••••1
e orough
Dlto Pronal,sory N0te5.......
Ditto 6 Months
Ditto 12 „ cash without
Ditto 18 ~ recourse.
Ditto 24
Commercial.
Liverpool and London Fire & Life
Royal Insurance
L n 'ashire Instipanze
Mugnel releg.aph ......

11, 11 15.16
921 c

941, 942-, Hi-

98, 1,8, fs 98i, I
Dd,1,11-i6

90i, it, li, I, G, a

24i
ic, 42!
21, I, 2,

73, Z.
12j,

21 .. 21}

Oct. 24, '57
96 93
91 .. 93
86 .. 87
82 .. 84
11-1 .. 12
8 81
311 .. 3f
id
37 .. 33

intereit included
92
87
83

Increased ease is experienced in the Money
Market, but there is good demand, in consequence
of the preparations in progress for the heavy mass
of commercial paper, due on the 4th prox. The
liquidation of annual accounts also stimulates the
demand, but there is an abundant supply, and the
tames are easier, bills having been discounted as
low as 6f and 7 per cent. A further decline of the
minimum is therefore expected, but not until after
the January dividends are pail. The distribution
of the interest on Consols will add to the easiness
of the money market, and promote investments in
public securities.
In the Market for the Public Funds and Securi-
ti is today there has been a fluctuation to the
extent of per cent, under the influence of the
speculator who was " declared" two days ago.
This event has proved more serious than was at
first imagined, and, until the settlement, the quo-
tations will no doubt continue variable. The
Party referred to refuses to give up his books, and
thus it is difficult to close his engagements, and
whenever any of them are terminated the market
is immediately affected. The fluctuation thus
occasioned no doubt induces many of the
speculators to retire from the market. Consols,
from 93! 934. dropped to 93; 931, but at
the close of the Market they had advanced to
931 to 934: for the account. The Now Three per
Cents. were quoted at 93-4 to Oli.
The London Railway Share Market was animated

to day. London and-North Westerns and Great
Northerns are only one per cent. Midlands have
reached 901. North Staffords were in especial
favour. The following were the closing prices :-
Caledonians, 851 ; Chester and Holyhead, 34, 35 ;
Eastern Counties, 114, 12; East Lancashire, 911,
924 ; Great Northern, 98, 99 ; Do. A, 84, 86 ;
Grand Trunk of Canada, 494, 50 ; Great Western
of Canada, 203, 201 ; Do., (new), 3, Great
Westerns, 543, 553 ; Lancashire and Yorkshire,
941, 95 ; London and North Western 084, 99 ;
London and South Western, 96, 97 ; Leeds
Northern, 544; Manchester. Sheffield, and Lin-
ncolnshire, 41 ; Oxford, Worcester, and Wolver-
hampton, 304, 311 ; South Eastern, 714, 724 ,
Midland, 913, 914; North British, 02, 93 ; Mexican,
201, 2^ ; Northern of France, 383 ; Paris and
Strasburg, 271; Paris and Lyons, 341, 344; York
and North Midland, 854. 864 ; York, Newcastle,
and Barwick, 974, 93 ; Western of France, 264,
274 ; Sanabres and Meuse, 74, 7 ; Namur and
Liege, 81 ; Great Luxembourg, 74, 73 ; Antwerp
and Rotterdam, 64, 66 ; Dutch Rhenish,
21, ; Lombardo Venetian, 58, 53. After
official hours, the following were the quota-
tions :-Caledonians, 851. 854; Eastern Counties,
593, 603 ; East LanCashire, 914, 924 ; Great
Westerns, 524, 55; Great Northern, 974, 984; ditto
A, 84,86 ; London and North Western, 984, 99.
The amount of gold purchased by the Bank of
England yesterday was 140,0001, inclusive of
90,0001. or 100,0001. in bar gold and United States
coin ex the steamer America, but exclusive of
30,0001. is sovereigas received from Scotland. A
large quantity of sovereigns ex the America are
understood to have been sent yesterday into the
branch of the Bank at Liverpool.
The total amount of gold purchased by the
Bank since the date of the last return is calculated
at about half a million, inclusive of SOlll3 consider.
able parcels of sovereigns received from Ireland,
whence more coin is coming.

Notwithstanding the abatement of the crisis, its
effects are still exhibited in occasional failures,
and during the next two or three weeks several
small firms will no doubt be compelled to succumb.
Four London failures were announced yesterday,
viz., Messrs. Hinton Brothers in the Italian trade,
and Messrs. Lupton, Hooton, and Co., warehouse-
men, Messrs. T. M Waters and Co., of Fenchurch-
street, wine and general merchants ; and Mr. E. L.
Goetz, of Crutched-friars, described as wine
merchant and general agent. The liabilities in
each ease are small.

At Vienna the Bourse shows some duhitsss, but
nearly all the other continental stock markets on
Monday were better. At Amsterdam Spanish,
Portuguese, Mexican, Granadian, and Venezuelan
Bends ware all in demand and higher. Austrian
stock rose per cent. At Berlin a rise of 2 per
cent. is announced in Russian Five per Cents.
At Hamburg the recent improvement in the
money market is maintained.
The steamer Alhambra has taken out 14 9101. in
specie to the Peninsula.

- The steamer Dolphin has brought 26,0001. in
silver from Antwerp.
The transactions in silver for transmission to the
East, by the steamer Colombo, on 4th of January,
continue on a very limited scale The East India
Company are not expected to make any remittances
of silver by this packet, an 1 those on private
account will probably be under 200,0001.
The Bonds of the State of Alabama, guaranteed
by the Bank of Mobile, due on the Ist proximo,
will be paid by the Union Bank of London.
The interest on the South Australian Govern-
ment Bonds will be paid on the Ist proximo, and
also on the New South Wales Government
Debentures. The half-yearly dividends on the South
Carolina are also advertised for payment on the
same day.

Dividends, at the rate of 8 and 5 per cent., are
declared by the Scottish Union Fire and Life
Insurance Company, and the British Industrial
Life Company respectively.

A NOVEL TRADE CIRCULAR.—The following is a copy
of a circular ree.;ivea by a Canterbury tradesman, with a
present. from a London house, on Christmas eve :—" We
forward you herewith our usual Christmas present, and
sinctre!y wish you and yours health, happiness, and
prosperity. The year, now speedily drawing to its close,
will be long and painfully remembered. The Indian
mutiny and the commercial panic are without precedent
is the world's annals; but we anticipate brighter and
better days. The light of Sacred Truth will dawn on the
millions of India, and chase away the darkness and cruelty
of idolatry ; and we trust that the expose of that hollow
system in which many merchant princes have long
speculated in this and other countries will induce a more
healthful spirit of hottest industry and enterprise among all
olams."

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